Johnny Venom

Hacking the US debt

Johnny Venom wants us to consider the $1 trillion coin

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OPINION The so-called Fiscal Cliff has been averted. But the country actually has a much bigger issue — the debt ceiling.

For the uninitiated, the debt ceiling is exactly what it sounds like, an artificial limit imposed by Congress the keep the president from borrowing money. The ceiling was originally passed back in 1917 to prevent the government from excess spending during the First World War. Besides its constitutionality being questionable, it's also useless and dangerous.Read more »