Free Republic

Senate Minority Leader Mitch McConnell has firmly dug in on refusing GOP help to renew the US's ability to pay off its bills, known as the debt ceiling. Instead, the Kentucky Republican said it's up to Democrats to raise it in order to finance their social spending plans on healthcare, education, and childcare. He insists he's not "bluffing." But the conundrum could have a coin-sized solution. A loophole in the law that prescribes the types of coins that can legally be minted in the US theoretically allows the Treasury Department to mint a $1 trillion platinum coin, deposit it at...

A new fight over the debt ceiling is brewing on Capitol Hill. Senate Minority Leader Mitch McConnell has firmly dug in on refusing GOP help to renew the US's ability to pay off its bills, known as the debt ceiling. Instead, the Kentucky Republican said it's up to Democrats to raise it in order to finance their social spending plans on healthcare, education, and childcare. He insists he's not "bluffing." But the conundrum could have a coin-sized solution. A loophole in the law that prescribes the types of coins that can legally be minted in the US theoretically allows the...

New York Times economist Paul Krugman is rehashing a batty idea that former Daily Show host and comedian Jon Stewart mocked him for over eight years ago. In a new blog headlined “Wonking Out: Biden Should Ignore the Debt Limit and Mint a $1 Trillion Coin,” Krugman dusted off an old neo-Keynesian idea of his that he peddled in 2013. He suggested Treasury Secretary Janet Yellen “mint a platinum coin with a face value of $1 trillion — no, it needn’t include $1 trillion worth of platinum — deposit it at the Federal Reserve and draw on that account to...

A student at Florida Atlantic University (FAU) was arrested after he posted a message on Twitter that threatened to kill his professor for scheduling an exam early in the morning. FAU police arrested Rafael Decomas last week after receiving a tip about a Twitter post from Decomas, according to local news outlet WPTV. His Twitter post stated “i gern (expletive) kill dis professor bey this is my confession to a premeditated murder" in a direct tweet to another user appearing to be his girlfriend. Decomas is a commuter student and was upset he would have to wake up at 5...

A new Islamic advocacy group in Boca Raton is under scrutiny for its ties to William W. Baker, a former chairman of the neo-Nazi political party of presidential candidate David Duke who was run out of town last year when he attempted to speak at Florida Atlantic University. Local Jewish and civic leaders said Friday they were alarmed that the Assadiq Islamic Education Foundation, whose headquarters are listed at 831 E. Palmetto Park Road in Boca, had invited Baker back to Boca as featured speaker at an April 30 banquet at the Boca Marriott. Invited by Muslim students to speak...