Wednesday, January 9, 2013

Laurence Tribe says TPC is legal, decision to use it political


It's a go.

Washington Monthly | Ten Miles Square
Harvard Law School Professor Laurence Tribe on the Legality of #mintthecoin
Ryan Cooper interviews Laurence Tribe
(h/t Joe Firestone)

9 comments:

mike norman said...

What's Carney say now?

Matt Franko said...

Yeah Mike.. what do A LOT of people say now????

The silence is deafening! ;)

Peterson?
Walker?
Gross?
Buffet?
Santelli?

the list is endless!!

LOL rsp, matt

Ryan Harris said...

As this TPC looks somewhat more likely to happen each day --How do you guys think the fx and bond markets would react if the President got up the gumption to mint the bloody thing?

Matt Franko said...

The nutcases would probably sell bonds...

Matt Franko said...

Ryan the other thing is the Fed reaction to this... I cant see how both the Admin and the Fed can remain mute on this after L Tribe provided a legal opinion....

What would the Fed do with monetary policy?

I doubt they would set the rate to permanent zero...

Tom Hickey said...

Count on a propaganda campaign in the traditional media propaganda machine that TPC is 1) ridiculous, 2) inflationary, and 3) would end civilization as we know it.

Clonal said...

Main page Leader Headline at Daily Kos


Platinum coin might be legally required in absence of debt limit increase

Career Progressives are coming on board!

Tom Hickey said...

Career Progressives are coming on board!

Thanks to Joe Firestone's persistence and thorough documentation.

John Zelnicker said...

Maybe we can still find a place for truth and common sense in this messed up society we live in.