Why Ronald Reagan's Face Would Be Perfect on a Trillion Dollar Platinum Coin Used to Rescue the Economy from Republican Hostage-Takers

As part of their never-ending campaign to canonize President Ronald Reagan, conservatives three years ago proposed replacing Ulysses S. Grant on the 50 dollar bill with the likeness of the Gipper. But while his hagiographers mercifully failed in that quest, a new and altogether fitting denomination has emerged to memorialize Reagan. The much-discussed one trillion dollar platinum coin, the unfortunate gimmick that may be needed to circumvent the Republicans' dangerously real gimmick on the debt ceiling, would be a perfect home for Reagan's image. After all, President Reagan didn't merely triple the national debt in his eight years in the White House and establish budget-busting tax cuts as a permanent fixture in Republican politics. As it turns out, Reagan excoriated those in Congress who would jeopardize the full faith and credit of the United States by refusing to increase the nation's debt limit.

Keep reading... Show less

10 Things Republicans Don't Want You to Know About the "Fiscal Cliff"

This week, former President Bill Clinton urged calm in the face of Washington's stand-off over the so-called fiscal cliff. "They are moving toward a deal," Clinton assured Americans, suggesting that the current posturing by both parties is "just a Kabuki dance."

Keep reading... Show less

10 Things Mitt Romney and Paul Ryan Don't Want Americans to Know

Like Mitt Romney (“I love data”), Republican vice presidential Paul Ryan is fond of proclaiming, “I’m a numbers guy.” As it turns out, there are many numbers Ryan is not fond of at all. After all, following his first big moment in the national spotlight, the Mitt’s number two was pilloried for his Republican National Convention speech chock full of omissions, misrepresentations and outright lies about taxes debt, Medicare and so much more. So when Rep. Ryan regurgitated his bad math during last Thursday’s debate in Kentucky, Vice President Joe Biden eagerly highlighted the malarkey for over 50 million viewers.

Keep reading... Show less