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View Diary: Platinum coin might be legally required in absence of debt limit increase (144 comments)

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  •  Obama has to wait to the very last minute (1+ / 0-)
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    indie17

    before he does the coin option. Otherwise he's giving Republicans an easy out of the bind they put themselves in. The best case scenerio for Republicans would be to tell their base, "We were going to cut spending (finally) but Obama used dictatorial powers to subvert us, now we have to impeach him".

     Obama is smart right now, signaling that he's not negotiating the debt limit and act like there is no alternative besides the house raising it.

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