Under Questioning, Jay Carney Leaves Platinum Coin Wriggle Room

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Source: www.slate.com

We had an interesting press briefing this afternoon from White House Press Secretary Jay Carney who flatly dismissed talk of using the 14th Amendment to somehow ignore the debt ceiling, but rather pointedly talked around questions about large denomination platinum coins. Carney kept emphasizing that "there is no plan b" for avoiding default and that congress has a responsibility to raise the debt ceiling. But he didn't say the coin was illegal, and he didn't say a coin wouldn't be minted. When he came under really heavy fire, he said people should ask the Treasury. The he reiterated that there's no plan b and congress needs to raise the debt ceiling.

Read more: http://www.slate.com/blogs/moneybox/2013/01/09/carney_leaves_platinum_coin_wriggle_room.html

Wow! Instead of an explicit no, Carney cannily left the question on the table? Is this a backdoor pressure tactic, to keep the debt ceiling fight off balance? If so it is a ballsy move.

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Replies to this discussion thread

4 replies	Author	Time	Post
Under Questioning, Jay Carney Leaves Platinum Coin Wriggle Room (Original post)	RetroGamer1971	Jan 2013	OP
Large denomination platinum coins	Leopolds Ghost	Jan 2013	#1
By keeping it on the table, he appeases those who think it a novel solution and	plethoro	Jan 2013	#2
The Westpoint mint	The Second Stone	Jan 2013	#3
Locking, sorry, this is a duplicate. Please continue discussion and post updates here:	Rhiannon12866	Jan 2013	#4

Response to RetroGamer1971 (Original post)

Thu Jan 10, 2013, 10:09 AM

Leopolds Ghost (12,376 posts)

1. Large denomination platinum coins

The Comic Book solution to any thorny societal problem.

That and bears that shoot lasers out of their eyes.

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Response to RetroGamer1971 (Original post)

Thu Jan 10, 2013, 10:46 AM

plethoro (594 posts)

2. By keeping it on the table, he appeases those who think it a novel solution and

also cements the decision not to use it. I thinking there is a missing "o" in Carney's name that got accidentally replaced with an "a".

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Response to RetroGamer1971 (Original post)

Thu Jan 10, 2013, 01:34 PM

The Second Stone (1,029 posts)

3. The Westpoint mint

is frequently used for commemorative and platinum coins. Obama could order the military to use the highest levels of secrecy to mint more than the necessary number, and to put serial numbers on them, and that they not be legal tender until the President has himself diamond engraved his signature on the coins. All this could be kept top, top secret.

The design should feature Ronald Reagan on the front and on the back a triangle of some Nicaraguan death squads, missiles imposed over a tiny map of Iraq and hostages over a tiny map of Lebanon.

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Response to RetroGamer1971 (Original post)

Thu Jan 10, 2013, 02:36 PM

Rhiannon12866 (55,023 posts)

4. Locking, sorry, this is a duplicate. Please continue discussion and post updates here:

http://www.democraticunderground.com/1014362155

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