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View Diary: OK, *NOW* the Platinum Coin Won't Work, Thanks to Idiots, Cowards, or Knaves (99 comments)

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  •  the fact that anyone believed (2+ / 0-)
    Recommended by:
    shrike, Sparhawk

    this had a realistic chance of happening is a problem, in my view. Some people are placing more weight on the desirability of a particular solution than the likelihood it will be implemented, and I see that as seeing oneself up for disappointment.

    "Let's do this!" - Leeroy Jenkins

    by AaronInSanDiego on Sun Jan 13, 2013 at 04:26:51 PM PST

    •  setting n/t (0+ / 0-)

      "Let's do this!" - Leeroy Jenkins

      by AaronInSanDiego on Sun Jan 13, 2013 at 04:32:54 PM PST

      [ Parent ]

    •  The fact that people seem to think that this could (1+ / 0-)
      Recommended by:
      Calgacus

      be settled before the Treasury Department made a determination as to the legality of such action under the statute is a bigger problem, in my view.  As has been argued, perhaps without your notice, if it's legally permissible then at some point it arguably becomes required as the least illegal of all alternatives.  If that didn't strike you as a "realistic chance," I don't see why.

      Plaintiffs' Employment Law Attorney (harassment, discrimination, retaliation, whistleblowing, wage & hour, &c.) in North Orange County, CA.

      "I love this goddamn country, and we're going to take it back."
      -- Saul Alinsky

      by Seneca Doane on Sun Jan 13, 2013 at 06:06:07 PM PST

      [ Parent ]

      •  the legality doesn't have a lot to do (1+ / 0-)
        Recommended by:
        Calgacus

        with the likelihood of it happening, as far as I can tell, which is mostly about the perceptions of those who have the power to make decisions and take actions.

        "Let's do this!" - Leeroy Jenkins

        by AaronInSanDiego on Sun Jan 13, 2013 at 06:22:58 PM PST

        [ Parent ]

        •  Yes it does (1+ / 0-)
          Recommended by:
          Calgacus

          If you have to do it to keep from breaking the law, it absolutely does.

          Plaintiffs' Employment Law Attorney (harassment, discrimination, retaliation, whistleblowing, wage & hour, &c.) in North Orange County, CA.

          "I love this goddamn country, and we're going to take it back."
          -- Saul Alinsky

          by Seneca Doane on Sun Jan 13, 2013 at 08:58:45 PM PST

          [ Parent ]

          •  if those who are making the decisions (1+ / 0-)
            Recommended by:
            Calgacus

            believe that to be the case, yes. I don't see evidence that they do. I admit I haven't read enough on this, but it still appears to me that reaching an agreement to raise the debt ceiling is a legal option. Or am I missing what this is about?

            "Let's do this!" - Leeroy Jenkins

            by AaronInSanDiego on Sun Jan 13, 2013 at 09:16:31 PM PST

            [ Parent ]

            •  It allows Republicans to take hostages (1+ / 0-)
              Recommended by:
              Calgacus

              The payment for the hostages would be that reductions in Social Security and the others that Obama would "reluctantly" give up in the Grand Bargain.  If Treasury comes down the other way, he doesn't have to "reluctantly" give up anything.

              Plaintiffs' Employment Law Attorney (harassment, discrimination, retaliation, whistleblowing, wage & hour, &c.) in North Orange County, CA.

              "I love this goddamn country, and we're going to take it back."
              -- Saul Alinsky

              by Seneca Doane on Mon Jan 14, 2013 at 12:03:13 AM PST

              [ Parent ]

              •  Yup (0+ / 0-)

                Treasury doesn't have the power to mint the coin.

                As distasteful as Republican policy may be, dealing with them is a necessary evil due to loss of elections. The President and/or Democrats need to win this one in the court of public opinion, or win some more elections.

                (-5.50,-6.67): Left Libertarian
                Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

                by Sparhawk on Mon Jan 14, 2013 at 12:56:50 AM PST

                [ Parent ]

                •  Treasury *dislcaims* the power to mint the coin (1+ / 0-)
                  Recommended by:
                  Calgacus

                  If they don't have it, it's primarily (and perhaps exclusively) because they disclaim it.  It's not because the law requires them to do so.

                  That's a hell of a lot easier than winning "in the court of public opinion" or "some more elections."  If we can't do the former (and of course we can't do the latter in time), then Obama will give in on these program -- all of it being unnecessary.

                  Plaintiffs' Employment Law Attorney (harassment, discrimination, retaliation, whistleblowing, wage & hour, &c.) in North Orange County, CA.

                  "I love this goddamn country, and we're going to take it back."
                  -- Saul Alinsky

                  by Seneca Doane on Mon Jan 14, 2013 at 10:41:47 AM PST

                  [ Parent ]

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