The platinum coin September 26, 2013 ~ susie 0 shares Share Tweet Pin Bmaz argues that it’s unconstitutional. Share this:TwitterFacebookLike this:Like Loading... Published by susie View all posts by susie
Laurence Tribe is an attorney and on the facutly at Harvard Law – he deems it constitutional. Philip Diehl, the former Mint Director and Treasury Chief of Staff who wrote the law deems it constitutional. http://www.bruegel.org/nc/blog/detail/article/982-blogs-review-the-trillion-dollar-platinum-coin-option-to-the-debt-ceiling/ or here: http://www.washingtonpost.com/blogs/wonkblog/wp/2013/01/08/former-head-of-u-s-mint-the-platinum-coin-option-would-work/ None of which is to say I think it a good idea. But is it legal? Well, if Obama tries it we’ll find out. But Bmaz is the left’s version of Ted Cruz: the self-appointed only virtuous dude in the room. “Where is that principled set of voices on the left now? Things are different when it is your guy in office I guess.” I guess everybody fails to live up to his standards.
The analysis is almost surely correct.
http://krugman.blogs.nytimes.com/2013/01/07/be-ready-to-mint-that-coin/
Krugman argues otherwise.
Bmaz is an attorney. Krugman isn’t.
Laurence Tribe is an attorney and on the facutly at Harvard Law – he deems it constitutional.
Philip Diehl, the former Mint Director and Treasury Chief of Staff who wrote the law deems it constitutional.
http://www.bruegel.org/nc/blog/detail/article/982-blogs-review-the-trillion-dollar-platinum-coin-option-to-the-debt-ceiling/
or here:
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/01/08/former-head-of-u-s-mint-the-platinum-coin-option-would-work/
None of which is to say I think it a good idea. But is it legal? Well, if Obama tries it we’ll find out. But Bmaz is the left’s version of Ted Cruz: the self-appointed only virtuous dude in the room.
“Where is that principled set of voices on the left now? Things are different when it is your guy in office I guess.”
I guess everybody fails to live up to his standards.