re: #154 HappyWarrior

L

Haha. Kraft’s Putin story reminds me of Mr. Burns giving Castro a trillion dollar bill.

Trillion Dollar Coin

The trillion dollar coin is a concept that emerged during the United States debt-ceiling crisis in 2011, as a proposed way to bypass any necessity for the United States Congress to raise the country’s borrowing limit, through the minting of very high-value platinum coins. The concept gained more mainstream attention by late 2012 during the debates over the United States fiscal cliff negotiations and renewed debt-ceiling discussions. After reaching the headlines during the week of January 7, 2013, use of the trillion dollar coin concept was ultimately rejected by the Federal Reserve and the Treasury. Five days later, Senate Minority Whip John Cornyn announced that Senate Republicans would end their threat to block an increase in the debt ceiling.