Category Archives: Trillion Dollar Coin

I think it's silly!!

Without being an expert on economic policy or really being informed on monetary policy, the idea of minting/inventing any amount of money just to avoid paying our debt is absurd.  The answer is to stop spending money we don’t have, to reduce nonessential, i.e. anything but defense and essential infrastructure.  Stop trying to get around…

Once again, our President proves that he lives in fantasy land! He is so far removed from reality...to think that this would avert the debt ceiling crisis...how absurd. Yet he surrounds himself with people that will always rubber stamp these ridiculous ideas. Very sad!  

If they do, they should put the eagle on the back upside down with an arrow through its heart.

I'll be very brief - that is just nuts! This is another example of how the White House does not know how to handle this crisis. Building our work force and eliminating waste in our government is what is necessary. In the real world people cut back and work harder in order to get out…

Minting money is NOT a solution. Drastic reductions in spending defines a proper solution.

The deficit is too serious of an issue to be kidding around.  This proposal of a $1 trillion coin is a distraction to the real problem.  Obama is pulling the shell game once again.  Get serious.

Stupid idea.

I am okay with it as long as every single American gets one! But seriously, this is wrong on so many levels. The fact is that we have once again reached the debt ceiling, which the President wants Congress to raise.  Speaker Boehner said after meeting with President Obama in negotiations trying to resolve the…

So I just googled "trillion dollar coin" to see exactly what the plan is: "Under this scenario, the U.S. Mint would produce (say) a pair of trillion-dollar platinum coins. The president orders the coins to be deposited at the Federal Reserve. The Fed then moves this money into Treasury’s accounts. And just like that, Treasury…