|
|
|
Macon Chronicle-Herald - Macon, MO
From the Will Rogers quote, \x34All politics is applesauce.\x34
Trillion-dollar coin explained here
email print
About this blog
Pat Cunningham offers an unabashedly liberal perspective on national politics. A note of caution: The language gets a little salty on some of the sites to which this blog links. So, don't say you weren't warned. By the way, this blog's name is ...
X
Liberal Views
Pat Cunningham offers an unabashedly liberal perspective on national politics. A note of caution: The language gets a little salty on some of the sites to which this blog links. So, don't say you weren't warned. By the way, this blog's name is inspired by the Will Rogers quote, \x34All politics is applesauce.\x34 In 41 years as a print and broadcast journalist, most of those years with the Rockford (Ill.) Register Star, Pat has covered national politics under eight American presidents. He's attended 10 national political conventions, Republican and Democratic alike, and has interviewed countless prominent political players, including Jimmy Carter, Ronald Reagan, Gerald Ford and George H.W. Bush.
Recent Posts
July 29, 2014 5:20 p.m.
July 29, 2014 11:06 a.m.
July 28, 2014 11:05 a.m.
July 26, 2014 11:05 a.m.
July 25, 2014 5:05 p.m.
By Pat Cunningham
Jan. 11, 2013 11:10 a.m.





You’ve probably heard talk that a platinum coin worth $1 trillion might be minted as a hedge against the nation defaulting on its debt, but you may not how this arrangement would work.

Paul Krugman EXPLAINS:

As it happens, an obscure legal clause grantsthe secretary of the Treasury the right to mint and issue platinum coins in any quantity or denomination he chooses. Such coins were, of course, intended to be collectors’ items, struck to commemorate special occasions. But the law is the law — and it offers a simple if strange way out of the crisis.

Here’s how ...

Read more

Recent Posts

    latest blogs

    • Community
    • National