Jack M. Balkin - Knight Professor of Constitutional Law at Yale Law School - has an interesting thought over at CNN
Are there other ways for the president to raise money besides borrowing?
Sovereign governments such as the United States can print new money. However, there's a statutory limit to the amount of paper currency that can be in circulation at any one time.
Ironically, there's no similar limit on the amount of coinage. A little-known statute gives the secretary of the Treasury the authority to issue platinum coins in any denomination. So some commentators have suggested that the Treasury create two $1 trillion coins, deposit them in its account in the Federal Reserve and write checks on the proceeds.
What a fantabulous idea! And just to be sure there's no questioning of the constitutionality of the dimes, we put John Robert's puss on the Obverse and Rush Limbaugh on the reverse.
What would suck is we'd have to endure a whole slew of platinum.com pitches on RW media.
But at least we wouldn't have to see Boehner's orange mug on the nightly every 6 PM.
Make 'er happen Timmy G.