Latest crazy plan from the USA

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On 1/9/2013 12:24 AM, harry wrote:

http://www.telegraph.co.uk/finance/financialcrisis/9784898/US-seriously-considering-1-trillion-coin-to-pay-off-debt.html
While the lunatic fringe Republicans made fun of the trillion dollar coin idea, there was a House Republican proposal to rule out this option but it got no GOP support.
Despite the absurdity of the platinum coin, Republicans actually liked the idea. If the Treasury minted the coin then the GOP would have gotten everything they wanted:
a) A resolution to the debt ceiling crisis
b) No need for a floor vote where they would have to take a position that the vast majority of the public finds abhorrent
c) An opportunity to criticize Obama, forever, as being a power-grabbing, irresponsible leader
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Makes sense. Sort of.
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I am not sure extricating ourselves from no win wars is isolationism. If we cut the defense budget in half, we would still have the most expensive fighting force on the planet but most of that money equals US jobs and that is why they will not cut the defense budget.
Every pork laden defense appropriation bill has a cookie for every congressional district in the country.
Bear in mind H.R.1, the original "Sandy bill" was a defense appropriations bill before the senate marked it up. Most of the pork, still went to defense interests. They just added "for necessary expenses related to the consequences of Hurricane Sandy" to each line item, whether it was or not.
I liked
Procurement of Ammunition, Army For an additional amount for `Procurement of Ammunition, Army', $1,310,000, to remain available until September 30, 2015, for necessary expenses related to the consequences of Hurricane Sandy.
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On Jan 15, 3:10 am, snipped-for-privacy@aol.com wrote:

It's not necessary to spend money on defence to create jobs. You can spend it on infrastructure and create jobs. And the infrastructure will create more wealth. Unlike ammunition.
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