By Jill Rosen
The Baltimore Sun
10:10 AM EST, January 9, 2013
Fiscal cliff is so last year. In 2013, it's all about the trillion-dollar coin. And there's at least one news outlet campaigning for the dream coin to feature Michael Phelps.
If you haven't been paying attention, the idea of a trillion dollar coin -- apparently like a silver dollar but A LOT heavier -- is gaining some degree of traction in Washington as lawmakers kick around ways to fix the ginormous national debt. A legal loophole would allow the U.S. Treasury to make huge-value coins. And if, say, these mega coins worked their way into the Federal Reserve, one could say that the U.S. bank account is suddenly living large. So, yeah.
Anyway, Slate has decided to take the idea and run with it. If the United States is going to mint a new coin, the next logical discussion is, "Who will be on it?" And rather than some boring old president, Slate is sponsoring a contest for more creative ideas.
Their nomination? Michael Phelps.
"So at this point we all agree that President Obama is going to authorize the $1 trillion platinum coin to single-handedly save the economy and secure his position on Mt. Rushmore II," Slate writes. "The only question is: What will it look like? We here at Slate don't think such an important question should be left up to those stuffed shirts at the U.S. Mint who will probably just stick a president and an iconic building on it."
Their depiction of the Phelps trillion, shows the swimmer, looking even more naked than usual, riding an eagle like a horse.
Send better ideas -- please -- here.
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