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Submission + - Congressman introduce bill to ban minting of trillion-dollar coin (politico.com)

Dainsanefh writes: Lawmakers are still positioning themselves for a debt ceiling fight in a few months, but one Republican congressman wants to snuff out a particular idea immediately: the U.S. Treasury minting $1 trillion platinum coins to avert a debt ceiling showdown.

Rep. Greg Walden (R-Ore.) has introduced a bill to specifically ban President Barack Obama from minting the coins.

The trillion-dollar coin has been previously discussed on Slashdot:
http://news.slashdot.org/story/11/07/30/1351209/seigniorage-hack-could-resolve-debt-limit-crisis

Comment Re:In other news... (Score 1) 284

Read the articles you linked to.


"Keeping up with their promise to make smartphones more root-friendly,"

"They didn't specify which handsets will receive the capability or when we can expect to see it, but the company promises to keep us updated "every few weeks.""

"Motorola said it plans to enable the unlockable/relockable bootloader currently found on Motorola XOOM across its portfolio of devices starting in late 2011, "where carriers and operators will allow it.""

What's funny is you lot sure like to drag out the 'reality distortion field' a lot.

Why was this modded down instead of up?

Comment Re:Not good enough (Score 1) 275

I never met that guy, but I do have a strong memory of being held captive aboard an alien ship with funky mirrors. When I returned, I told everybody a bout my ordeal. Now I'm living out my days in this damn hospital. Oh well, at least my sister won the swim meet.

Comment Re:Ford (Score 1) 1829

True conservatives are not for big government.. A strong military, yes. But limited size and power of government is part of the base conservative philosophy. As is low taxes across the board, etc. The difference is that may people equate Republican with Conservative. While it's true that most Conservatives do join the Republican party, not all Republicans are true conservatives.

Personally, I like Walter E. Williams' name of "constitutionalist" rather than "conservative". It's more descriptive.

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