Tuesday, January 8, 2013

Fiscal silliness

In our continuing efforts to never pay our debts, America's in the throes of another round of sound-and-fury about the latest "fiscal cliff".  The last one was avoided mere days ago, with a 13th-hour deal to limit how much everybody's taxes will go up this year.  However, it was beyond our Congress' ability to tackle the spending end at the same time... end result, we're slated to run into our debt limit shortly, and positions are so firmly entrenched that some people are looking for increasingly-out-there ways to get "free money", so they don't have to worry about little things like spending limits.  One such that's gotten more than its share of attention lately:  the trillion dollar coin.

Pretty much everybody (with the exception of a few die hard supporters) seems to agree that, even if technically legal, it's an extraordinarily bad idea... yet, that's not stopping the idea from reaching ever higher up the media food chain.  In fact, while listening to NPR this afternoon, they were actually talking about whose face should be on the coin, should it ever get printed.  I've seen many ideas on this topic from various places, but I think they all fall short.  There's only one visage suitable for such a coin, should it ever be printed:  Norton I, Emperor of the United States and Protector of Mexico.  Not only was he eccentric/deranged, he printed his own currency and convinced businesses in San Francisco to accept it at face value.  It's that sort of thinking that's gotten us where we are today, so why not commemorate it properly?

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