RUMORS ARE RAMPANT AROUND WASHINGTON THAT OBAMA HAS FOUND A PATH AROUND CONGRESS AND THEREBY AVOID WHAT WOULD BE A NASTY FIGHT OVER RAISING THE NATIONAL DEBT. THE SOLUTION IS QUITE SIMPLE: OBAMA WOULD AUTHORIZE THE TREASURY TO COIN A TRILLION DOLLAR COIN AND THAT COIN WOULD THEN BE DEPOSITED WITH THE FEDERAL RESERVE. WONDER IF THE COIN WOULD LOOK SOMETHING LIKE THE ONE SHOWN BELOW?
CARTOON BY MICHAEL RAMIREZ |
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