US Mint


Joseph M. Firestone's picture

Bernie: YOU Stop Caving to Peterson/Obama/#supercommittee

Dear Bernie,

Today, you told the “Democrats stop caving in . . . ” to the interests of corporations, the tea party, wealthy individuals, and the Republicans in Congress. The only problem with your fiery statement is that you began it by “caving in” to them yourself. more »

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Joseph M. Firestone's picture

President Obama: Stop Breaking the Law; Use Coin Seigniorage

Yesterday, The United States actually ran over the debt ceiling of $14.294 Trillion by $50 Billion or so, which means that the Treasury has issued $52 Billion more in debt instruments than is allowed by Congress's debt ceiling, which, in turn, means that the cu more »

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Joseph M. Firestone's picture

Bernie Says: “. . . We're Tired of Bullying . . .”

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Joseph M. Firestone's picture

Gallup Scores Another for the Plutocracy

I don't really mean to single out Gallup here. Well, I guess I do; but they're certainly not the only guilty party in the polling industry of doing what I'm about to rail against. Let's begin by stipulating that public polls cannot escape ideological and selection biases in how they frame questions and alternative closed end response choices. more »

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Joseph M. Firestone's picture

Use Coin Seigniorage Now!

(Author's Note: Most of this diary was previously published back in January; but I've revised it slightly for these reasons. First, a Government shutdown is now upon us, even though the debt ceiling issue isn't quite at the forefront yet. more »

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Joseph M. Firestone's picture

President Obama Should Use Coin Seigniorage Now!

The media and much of the blogosphere are framing the coming debt ceiling decision, somewhen in the March to early May period, as one in which the Republican-majority House of Representatives may refuse to extend the Federal debt ceiling, forcing both a Government shut-down, and also a possible US default in paying its debt obligations to its creditors. more »

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Joseph M. Firestone's picture

Will He Say He Has No Choice or Will He Use Seigniorage?

The media and much of the blogosphere are framing the coming debt ceiling decision as one in which the Republican-majority House may refuse to extend the Federal debt ceiling, thus forcing both a Government shut-down, and also a possible default of the US in paying its debt obligations to its creditors. more »

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