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Showing posts with the label John Boehner

The Trillion-Dollar Coin

It started as a campaign gimmick.  Obscure presidential candidate Bo Gritz came up with it in 1992, during his second White House run.  Gritz never got very far, but his followers were passionate.  And yes, that was his real name: James Gordon “Bo” Gritz. Gritz ran under two different slogans: “Save the stars and stripes!” and “God, guns and Gritz!”  He was known for courting conspiracy theorists, hoping to win converts from both the extreme right and the extreme left to his cause.  And what was his cause?  He had three major planks in his platform: a closed border with Mexico, re-segregation of the races in America, and the abolition of the Federal Reserve.  As you might imagine, Mr. Gritz was not exactly a mainstream candidate. Two of his policy ideas—the closing of the border with Mexico and the abolition of the Federal Reserve—have managed to gain traction in the modern Republican Party.  One of Gritz’ big issues was the national debt, which he believed the Federal Reserve