Mint the Coin(s) and deposit it (them) in the Treasury account at the N. Y. Fed! And if those Fascist bastards in Congress or the Fed want to bitch about it, prosecute them for the fraud the banksters perpetrated in the financial crisis and threaten them with 30 yrs. at hard labor. I guarantee that they'll beg for a pl...more

Who is the moron who wrote this article? It is a logical contradiction to both pay and forego payment of Income Tax refunds to individuals ($85.5 billion).

I live in St. Paul, MN and we have a brewery here called Summit Brewing Co. They make an entire line of high- quality beers, but since they have grown to about a 2 million barrel per year operation, I guess you can't really call them a micro brewery any more! And they are expanding their operation next year. Summit EPA...more

So, the poor and the working class will be thrust ever deeper into misery- yes, Jonathan, bipartisanship at its bourgeois finest! NO deal is better than a BAD deal!!!! If we're lucky, common sense will be thwarted- but I wouldn't bet on it. Poverty, racism, homelessness, FIRE- sector Capitalism- the REAL four horsemen ...more

Fleckenstein reveals himself to be a total ignoramus- he does not understand macroeconomics, debt dynamics, or Modern Monetary Theory, except insofar as he vaguely is aware of the fact that sovereign currency issuers cannot go bankrupt (unless, of course, they WANT to). As for the Funding Crisis, that is like waiting f...more

There is no such thing as "smart cuts" to SNAP! The author's own facts show that! Yes, the Obummer better continue to be the Food Stamp POTUS, because if he caves to the ReTHUGS, they will have nothing but sadistic thrills for the duration, as gutting SNAP will result in a food insecurity crisis that will make the 1930...more

It amazes me that these absolute imbeciles are allowed to write such claptrap. We can only assume that Suzanne McGee is a Wall St. sex slave. What other rational explanation is there? Gordon Gecko for Treasury Secretary? Really! Anybody who is chosen to please a bunch of Republo- Nazi know- nothings would be guaranteed...more

Ah, but you don't comprehend the fact that, given our insatiable appetite for Austerianism, a depression is inevitable, anyway! The only difference between an Obummer depression and a Mutt Romney depression is that the former will be a soft depression and the latter would have been a hard depression with mass starvatio...more

Hey, Craig:  Fact: the top 1% of the income distribution receive 24% of the National Income. That's about 20% of the GDP. The Fed gov't. spends about 25% of GDP. If we taxed the 1% at the 91% rates which existed 60 years ago, they could be soaked to the tune of 21% of GDP, which means that the Fed gov't. could almost b...more