Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer Coin, Banknote and Medal Collectors's Online Mall Royal Estate Auctions - $1 Coin AuctionsJoin Thousands of Coin, Bullion, & Money Collectors Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. 300,000 items to help build your collection! Specializing in Modern Numismatics








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

House Wants To Eliminate $1 For Brass Bucks

To participate in the forum you must log in or register.
Author Previous TopicReplies: 70 / Views: 7,048Next Topic
Page: of 5
Valued Member
markj11's Avatar
United States
134 Posts
 Posted 10/06/2011  11:45 am  Show Profile   Bookmark this reply Add markj11 to your friends list Get a Link to this Reply

Quote:
Saving a few billion over a year is no big deal


It's a start, and few billion here and few billion there is a big deal.
Pillar of the Community
muddler's Avatar
United States
7194 Posts
 Posted 10/06/2011  1:00 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
The $1 bill is a standard for the poll dancing industry, substituting a coin would be difficult for the girls. But besides that I see no need for the bill when the coin will work. Drop the $1 bill and pay your girls with a $2 or $5.
Moderator
Learn More...
jbuck's Avatar
United States
189110 Posts
 Posted 10/06/2011  2:44 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
The industry here has been using the two dollar note for quite a while and everyone knows it. Every time I spend or show a two dollar note, at least one person will ask where I was the night before.
Valued Member
JSH's Avatar
United States
410 Posts
 Posted 10/06/2011  3:21 pm  Show Profile   Bookmark this reply Add JSH to your friends list Get a Link to this Reply
This topic came up at work when several talk radio listeners picked up on the recent House bills to get rid of the dollar coin. My colleges essentially said we should get rid of the dollar coin to save money. I pointed out that we could save far more by eliminating the dollar bill and keeping the coin. Suddenly these deficit hawks changed their tune and said that saving $100 million dollars wasn't a big deal! These are people that complain endlessly about federal spending. It just shows that people are all about saving money until it effect their lives in the tiniest way.

I say eliminate the penny, nickel, and dollar bill. No one would even notice after a couple of weeks.
Pillar of the Community
CaptainFwiffo's Avatar
United States
4132 Posts
 Posted 10/06/2011  4:03 pm  Show Profile   Bookmark this reply Add CaptainFwiffo to your friends list Get a Link to this Reply
Deficit peacocks - it's only worthless pork when it goes to some other congressman's district.
Valued Member
shinystuff6's Avatar
United States
60 Posts
 Posted 10/20/2011  8:59 pm  Show Profile   Bookmark this reply Add shinystuff6 to your friends list Get a Link to this Reply
I don't believe we will ever eliminate the paper dollar in favor of the coin, I think people are in love with the green color.
Valued Member
shinystuff6's Avatar
United States
60 Posts
 Posted 10/20/2011  9:10 pm  Show Profile   Bookmark this reply Add shinystuff6 to your friends list Get a Link to this Reply

Quote:
I say eliminate the penny, nickel, and dollar bill. No one would even notice after a couple of weeks.


Oh my gosh, three at once! There having a tough enough time with just the dollar bill. I agree with you though.
Edited by shinystuff6
10/20/2011 9:13 pm
Rest in Peace
pls's Avatar
United States
1729 Posts
 Posted 10/20/2011  11:03 pm  Show Profile   Bookmark this reply Add pls to your friends list Get a Link to this Reply
What have we proved here so far?

1. People hate change. Not pocket change - new things.
2. People will argue just to see their opinions in print.
Valued Member
jamwins's Avatar
United States
58 Posts
 Posted 10/21/2011  11:08 am  Show Profile   Bookmark this reply Add jamwins to your friends list Get a Link to this Reply
I don't see them doing that anytime in the near future. But I did get a $2 bill just the other day and was quite surprised. I didn't know they still printed them!
Pillar of the Community
Nickelman's Avatar
United States
1397 Posts
 Posted 12/14/2011  07:14 am  Show Profile   Bookmark this reply Add Nickelman to your friends list Get a Link to this Reply
Another twist to the plot unfolds...
http://bottomline.msnbc.msn.com/_ne...ential-coins
Moderator
Learn More...
jbuck's Avatar
United States
189110 Posts
Pillar of the Community
westernsky's Avatar
United States
7624 Posts
 Posted 12/14/2011  10:38 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
This argument has been going on since the Ike dollar coins came out in 1971.

The "problem" of eliminating the dollar bill always comes back to a few influential Congressmen that are in the pockets of the BEP Printers Union and the Crane Paper Company that supplies the BEP.

If they quit printing dollar bills they need fewer printers (over 50% of what is printed is dollar bills and they last only 18 months!). Fewer printers and less paper means less jobs at the BEP and less sales for the single paper supplier to the BEP from New England.

This is not a "Republican" or "Democrat" issue .... it's a "pork" issue thats been going on for 40+ years!
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 12/15/2011  6:20 pm  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
, westernsky!
Valued Member
satxwd's Avatar
United States
321 Posts
 Posted 12/15/2011  9:54 pm  Show Profile   Bookmark this reply Add satxwd to your friends list Get a Link to this Reply
I agree with eliminating the $1 bill. Waste of money- real money.
Pillar of the Community
fcrazo's Avatar
United States
651 Posts
 Posted 12/15/2011  10:26 pm  Show Profile   Bookmark this reply Add fcrazo to your friends list Get a Link to this Reply
Replace it as long as there is a need to cut back. AND there really is a need.

I liked the example that Rick Santelli had on MSNBC a few days ago. Yep need to REALLY cut back. This cut back will be like saving $0.005 when owing $15,000,000.
  Previous TopicReplies: 70 / Views: 7,048Next Topic
Page: of 5

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.34 seconds to rattle this change. Forums