An interesting outside the box way for the Treasury, using trillion dollar newly minted coins, to call Republican's bluff.
http://business.time.com/2013/01/04/is-a-1-trillion-coin-a-good-way-to-avoid-another-debt-ceiling-impasse/?xid=gonewsedit&google_editors_picks=true
http://www.bloomberg.com/news/2013-0...oin-cliff.html
Last edited by Uncle Fester; 01-08-2013 at 01:40 PM.
...might work... they'd need 16 of them though...
What do you think this coin would look like? Who would be the face? What landmark would be on the back? How big would it be? Can you get a collector's display case for it? Would they flip it as the deciding factor/vote in any political election/stalemate?
Patient, ".. Doctor says I have a subscription for stigmata.. Can you fill that?"
Me, "..Um.. "
It'd have Chairman Mao on the front and the Forbidden City on the back. That'd make it easier to sell more debt to the Chinese.
Wesley S. Scott, MBA, MIS, ABOM, NCLE-AC, LDO - SC & GA
“As our circle of knowledge expands, so does the circumference of darkness surrounding it.” -Albert Einstein
Too TRUE!!!Originally Posted by Wes
The latest deficit problem is much of our debt isn't being sold to China, but to Ben Bernanke. His mug on the coins wouldn't be too appealing.
ben-bernanke.jpg
An Ompa Lumpa on the front and a golden ticket on the back.
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