Friday

Proposed Trillion Dollar Coin

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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