White House Refusing To Rule Out Trillion Dollar Coin Idea


Just in case you thought the “trillion dollar coin” plot to bypass Congress debt ceiling was just a silly academic exercise, here’s White House Press Secretary Jay Carney refusing to rule the idea out no fewer than five different times.

Just remember, most of the people pushing the “trillion dollar coin” idea, wherein the President would avoid a showdown with Congress over the debt ceiling by inventing $1 trillion worth of money represented by one coin, think Sarah Palin is stupid.