Mint the coin, even if Republicans impeach

Surely there are plenty of foolish things that have been said in the discussion of the debt limit, a possible default by the United States government, and the idea of minting a platinum coin to prevent it. But it doesn’t get much more foolish than this argument against the coin by Eric Posner:Another more pressing worry for the Obama administration: impeachment. With a majority in the House, Republicans could easily start impeachment proceedings. And while conviction in the Senate is virtually impossible, as Democrats would not join to create the two-thirds majority needed, merely launching the impeachment process would be politically devastating for President Obama, as it was for President Clinton.It’s worth paying some attention to this, because it’s unlikely to be an isolated concern. Should President Obama somehow manage to skate through the upcoming debt limit confrontation without articles of impeachment drawn up, we can fully expect impeachment to hover over future fights between the Republican House and the Democrat in the Oval Office.Continue Reading…

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Mint the coin, even if Republicans impeach

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