THE LARS LARSON SHOW
HEARD ON LARS LARSON
Phony Funny Money
I’m holding Obama responsible for this crazy
Trillion dollar coin. You know the one
where Nobel Prize winning economist and hard core lefty Paul Krugman hopes to
solve the government’s money troubles by minting a coin made from Platinum and
putting “one trillion dollars” on the front of it. Our federal government is spending a trillion
dollars a year more than it takes in.
The President has not proposed a budget that gets the support of
congress. And he has to ask congress for
permission to borrow money to fund this lunacy.
That’s in the constitution. But
congress wants to hold back borrowing till the President proposes some cuts to
spending. The president has demanded
that they hand over that power to him. Now
the president’s allies have proposed the trillion dollar platinum coin
idea. it would let him get around all
that “ask congress” stuff and just keep spending. It inflates the currency, and devalues every
dime you’ve got left in your pockets…the ones that aren’t already gone through
the middle class tax cuts that the president promised he would never
allow. And now congressman Greg Walden
wants a law to forbid the trillion dollar inflation coin. You think Obama will sign that one?