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SEIGNIORAGE coins USTreasuryDept USMint platinum production payoff debt

mahilena's picture

HOLDING Debt Ceiling Hostage? No more! - Obama Payoff Debt producing equal value coins!and/or render Ceiling unconstitutional

The Debt Limit can be BYPASSED!! (I. Rendered Unconstitutional, II. Have US Treasury produce 500 billion platinum coins (debt free) which can pay the entire debt, render the limit useless and then we can all put Republicans in a plane to China i.e., kick them in their rear!

First note that The National Debt Is a Republican Congress measure passed in 1971 by eliminating the Gold Standard http://t.co/H8Ppd5N this could be reversed.

I. Rendered Debt Ceiling unconstitutional

President can have the power to do it wihout congress approval as described in these articles:

DEBT LIMIT IS STATUTORY LAW TRUMPED BY the Constitution Section 4 of the 14th Amendment says, “The validity of the public debt of the United States…shall not be questioned.” http://t.co/3KvvnQJ Read below the fold...

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