When one side flouts civil norms

Yesterday, White House press spokesman Jay Carney kiboshed the idea of minting a platinum trillion dollar coin to get around the Congressionally imposed debt ceiling that Republicans are using to ransom deep cuts in medicare and social security. Some economists have urged President Barack Obama to exploit a legal loophole that would allow the government to print a single $1,000,000,000,000 coin, and deposit it with the Federal Reserve Bank, thereby enabling the US Government to pay bills Congress has already authorized. MSNBC Host Chris Hays summed up the case for the coin this way: If this seems surreal or ridiculous or magical to...