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Keyword: trilliondollars

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  • If Obama Can Just Create A Trillion Dollar Coin, Then Why Do We Have To Pay Taxes?

    01/12/2013 11:20:33 AM PST · by SeekAndFind · 18 replies
    Townhall ^ | 01/12/2013 | Michael Snyder
    If Barack Obama can "solve" the debt ceiling crisis by printing up some trillion dollar coins, then why does the federal government need our money? As another debt ceiling showdown approaches, many in the liberal media are suggesting that if Congress does not raise the debt ceiling that Obama should just have the U.S. Treasury create a trillion dollar platinum coin and use it to pay our bills. It sounds crazy, but many notable voices (including Paul Krugman of the New York Times) are supporting this idea. But if the federal government has had the power to create trillion...
  • Buddy, Can You Spare A Trillion?

    02/17/2009 7:01:09 PM PST · by CutePuppy · 4 replies · 298+ views
    Channel Web ^ | January 23, 2009 | Robert Faletra
    Who is representing you in Washington, D.C.? By Robert Faletra There's plenty of concern around the banking industry. I get that. Credit is essentially a utility that has to be provided and protected. But then along comes the auto industry handout, soon to be followed by who knows how many other handouts. The inside-the-beltway types are throwing around billion-dollar spending packages like it's rock salt being used to clear a New England driveway. So while we are ready to bail out all these poorly managed megabusinesses with multimillion-dollar-paid executive teams, we have to wonder who will generate the taxes to...