Sunday, January 13, 2013

Kevin Drum — Platinum Coins and Banana Republics

The answer to the cebt ceiling nonsense is to force Republicans back into some semblence of responsibility and prudence. In the long term, it's the only way we survive. Barack Obama appears to understand that.
Mother Jones
Platinum Coins and Banana Republics
Kevin Drum

1 comment:

Matt Franko said...

I submit we are less than a 'banana republic' if we have a chief executive who refuses use completely legal methods to simply create balances of state currency to pay for govt provision...

What this Mother Jones guy is doing is asserting that we should remain doomed to operate under the false view that somehow the govt has to borrow it's own currency in order to be able to spend for govt provision.

This is absurd and the sustaining of this falsehood is the core of all of our economic problems this country is suffering.

This mother jones guy is NOT helping and all of this "banana republic" is a metaphor for morons...