It’s not something people like to hear, but the painfully obvious answer is that mainstream Democrats want to lose fights to Republicans, because that is how they get elected.
Elected Democrats could pack the Supreme Court, override the nonsense “debt ceiling”, eliminate the filibuster, pass federal reproductive-rights laws, grant statehood to DC and Puerto Rico, pursue the National Popular Vote Compact (etc., etc…), but they don’t want to do any of those things, or even admit they are possible, because they win more votes from the outrage when Republicans get away with shit.
Without the cover of having the game rigged against them, Democrats would have to contend with the fact that on most actual policy issues, they are well to the right of the people who (have no choice but to) vote for them. Like, most of them would vote against universal healthcare or cutting “defence” spending if they had to choose; but they can appeal to a much wider constituency by avoiding those choices, and letting voters assume GOP obstructionism is the problem.
What’s frustrating about conversations like this one is that progressive voters see each other getting enthused by ideas for change, and just assume that because they all vote D, the Democratic Party must share their enthusiasm. But the evidence says otherwise.
(Though, to give credit where it’s due, Joe Biden did end the Afghanistan occupation, which is 100x more than I ever thought he’d do)
They own a trillion dollars. It’s currency.
They’re very likely to go to jail. Or Cuba.
Well, yeah. Elections are mostly decided by the median voter, who is necessarily more conservative than the average Democrat and more liberal than the average Republican.
Am I the only one who thinks this is a good idea, except the coins (plural) should be more like 10 billion each and minted flexibly as needed?
100 $ten B coins would be screaming for an Oceans 11 treatment.
They should just mint a $100 trillion dollar coin and be done with it. Debt ceiling be gone for the foreseeable future.
If someone steals my bike, then I no longer own that bike. So if someone steals a trillion dollars from the US mint, what happens to US finances?
They were robbed. In your case you hopefully have insurance. They’re self insured.
They no longer own that piece of currency. It’s no longer in their “checking account”. So they mint another coin. And there’s likely inflation.
It’s serialized. So the mint discontinues that serial number coin and mints a new one with a different SN. The old one is worthless as fiat currency and is only worth the intrinsic value of the metal or whatever amount a collector will pay for it. With the added spice that anyone selling that coin or exact amount of platinum is likely to be reported to the Don’t-Fuck-Around Secret Service.
Well, only if the thief can do anything with the first coin. Good luck with that.
It would be one hell of a collector’s item though.
as long as they put Abbie Hoffman’s face on it
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