Topic: Things you can't make up

[GDG's]

http://abcnews.go.com/blogs/politics/2013/01/trillion-dollar-coins-the-ultimate-debt-ceiling-end-around/

[pandamonium]

Thats world news.  The coin market is on its way up, up, up...........

[NBM]

http://abcnews.go.com/blogs/politics/2013/01/trillion-dollar-coins-the-ultimate-debt-ceiling-end-around/

If you can't print it, mint it! 
This loss of rationality is common in the drug addicted and criminally insane.
I'm afraid this is simply a symptom of the underlying disease, I am sure they have done and will do much worse.

[Hippanda]

Well put, NBM.

And timely post GDG.

These fools are running this system into the ground.

[ghostrider80811]

If you can't print it, mint it! 
This loss of rationality is common in the drug addicted and criminally insane.
I'm afraid this is simply a symptom of the underlying disease, I am sure they have done and will do much worse.

Very well said, I just wonder how many more good people around the world needs to get hurt by these clinically insane policies?  How many families do these policies needs to destroy and thrown out in the streets before people take to the street en mass? When is enough, enough?  IMHO it will get worse before it gets better.  Plan accordingly &  g'luck to all. 

[SANDAC]

It is not the best idea, I agree, but I'm actually glad people is start to think about out-of-the-box solution.  We are way past the point of no return, and there are no credible fiscal math around that can get us back.  What does a rich family do when it fall on hard time?  Sell cars, jewelries, paintings and furnitures while the prices are still good before declaring bankruptcy.  It is time to think about selling Central Park, National Parks, and military bases near big cities.  It is grim, but we are there already.

[Juno Moneta]

Thankfully, I'm pretty sure that's an idea that will go nowhere. It's the same solution as just printing up $16 trillion and handing over to our creditors - saying 'There - our debt is paid in full'. It would collapse the worlds monetary systems over night. Of course if that's your aim...
No, what's happening is the black market underground of anarcho-capitalists. It's viable and growing and may become a necessity for everyone  - BITCOINS:    http://bitcoin.org/
If you follow Von Nothaus and his Liberty Dollars [NORFED] saga you know that he was convicted of counterfeiting [his coins look nothing like a USA mintage, past or present]. That was because he was advocating a hard money coinage backed by precious metals. Bitcoins and that concept is a totally secured system of money transfer under the radar of all FED and US Government control. It's beautiful in its complexity and simplicity.

[ghostrider80811]

Thankfully, I'm pretty sure that's an idea that will go nowhere. It's the same solution as just printing up $16 trillion and handing over to our creditors - saying 'There - our debt is paid in full'. It would collapse the worlds monetary systems over night. Of course if that's your aim...
No, what's happening is the black market underground of anarcho-capitalists. It's viable and growing and may become a necessity for everyone  - BITCOINS:    http://bitcoin.org/
If you follow Von Nothaus and his Liberty Dollars [NORFED] saga you know that he was convicted of counterfeiting [his coins look nothing like a USA mintage, past or present]. That was because he was advocating a hard money coinage backed by precious metals. Bitcoins and that concept is a totally secured system of money transfer under the radar of all FED and US Government control. It's beautiful in its complexity and simplicity.

I agree with you on Von Nothaus but bitcoin being completely, "totally secure system" is simply not true as the price dropped like a rock to $2 due to hacking and now back in the teens. 

http://www.dailytech.com/Second+Bitcoin+Hack+Highlights+Challenges+Resilience+of+Anarchic+ECurrency/article27776.htm

http://news.yahoo.com/blogs/technology-blog/bitcoin-exchange-market-hacked-us-250-000-loss-195136054.html

http://venturebeat.com/2012/09/05/bitcoin-value/