It sounds like a joke. It should be a joke. But it is shockingly real:
Liberal pundits and Democratic members of Congress are urging President Obama to mint trillion-dollar platinum coins to fund continued government spending above the federal debt ceiling.
Please click here to urge your Member of Congress and Senators: "Ban the platinum coin trick now and get serious about cutting spending."
Joe Firestone, the blogger who first proposed the idea, is now calling for a $60 TRILLION platinum coin to be minted. That would mean completely unlimited federal spending, without the approval of Congress - and the value of the dollar would be gutted.
There is a loophole in federal law that might allow Obama to actually use the platinum coin trick. Fortunately, Congressman Greg Walden of Oregon has introduced a bill to close the loophole and BAN the platinum coin trick.
Please click here to urge your Member of Congress and Senators: "Ban the platinum coin trick now and get serious about cutting spending."
No more gimmicks. Let's have a vote the Walden Bill and see where every member of Congress lines up on this outrageous idea.
Yours truly,
Phil Kerpen
No more gimmicks. Let's have a vote the Walden Bill and see where every member of Congress lines up on this outrageous idea.
Yours truly,
Phil Kerpen
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