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How the Worst President Ever Ended Up on a Controverisal New Coin (James Buchanan)
AOL News ^ | 8-19-2010 | Alex Eichler

Posted on 08/21/2010 7:17:45 AM PDT by Colonel Kangaroo

Today, the U.S. Treasury released a $1 coin commemorating former President James Buchanan. And people aren't happy about it.

To understand why, some background is helpful. In 2007, thanks to a bill promoted by then-Senator John Sununu of New Hampshire, the Treasury began minting $1 coins with the likenesses of former Presidents, starting with George Washington.

The coins -- which have been appearing ever since, featuring a new President every three months -- are meant to improve use and circulation of America's dollar coins, which are often seen as an awkward misfit among currency, neither fish nor fowl.

Sununu's initiative drew inspiration from the 50 State Quarters Program, which launched in 1999. The runaway success of that effort, according to his legislation, "shows that a design on a U.S. circulating coin that is regularly changed... radically increases demand for the coin, rapidly pulling it through the economy."

The bill also suggested that a program wherein Presidents are featured on a succession of $1 coins, and First Spouses commemorated on gold $10 coins, could help correct a state of affairs where "many people cannot name all of the Presidents, and fewer can name the spouses, nor can many people accurately place each President in the proper time period of American history."

So the bill passed, and the Washington dollar coin appeared not long after. It was followed by Adams, Jefferson, et al., with the First Spouse coins minted alongside.

Now we're up to Buchanan, the fifteenth President, who took office in 1857 and turned things over to Abraham Lincoln in 1861, and whose coin (produced at the Philadelphia and Denver Mints and purchasable through the U.S. Mint website) has occasioned the aforementioned grousing. Here's where some feel the coin program is falling short:

1. The coins aren't circulating.

Many Americans have never gotten into the habit of using $1 coins, and as a result, over a billion commemorative Presidential coins are sitting around in a stockpile at the Federal Reserve. As BBC News reports, if these coins were stacked up and laid on their side, they'd stretch for 1,367 miles, or the distance from Chicago to New Mexico.

2. They don't seem to be educating people, either.

In February 2008, a year after the first presidential coins were minted, The New York Times reported that a survey had found large numbers of American teens to be woefully ignorant of their country's history. It was far from the first time Americans had gotten a dismal grade in history, suggesting that Sununu's commemorative-coin campaign isn't having much of an effect in that arena, either.

3. James Buchanan was kind of a crappy president.

In fairness, this is a grievance with a specific president, not the presidential coins program as a whole. Still, it seems to come up in all the coverage of the new coin: Buchanan wasn't very good at his job.

That's the consensus of historians, anyway, who have traditionally censured Buchanan for his failure to prevent the Civil War. Last year, a C-SPAN survey of historians granted Buchanan the dubious distinction of worst president ever.

Still, all of this isn't reason enough to declare the commemorative-coins program a total failure. If more coin collectors start avidly pursuing the presidential coins, it could have the effect of pushing down the national debt, thanks to the way the value of the coins fluctuates with their availability. And if the dollar coins were to catch on and replace paper $1 bills entirely, it could save the country between $500 and $700 million each year in printing costs.

Plus, if things stay on track, 2012 will see the release of the Chester A. Arthur dollar coin -- marking the first time that long non-commemorated president's face has ever appeared on any nation's currency. And who are we to deprive him of that?


TOPICS:
KEYWORDS: civilwar; coincollecting; coins; currency; godsgravesglyphs; history; idabumpkin; jamesbuchanan; presidents; traitorworshippers; whitesupremacists
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To: mstar; Idabilly; central_va; rustbucket; southernsunshine
This is for the coven only. I took a chance and made an attempt to correspond, joke, and banter with you and this is what I received in return.

My vast experience with yankees has confirmed that they are a loud, rude, obnoxious race with few, if any, redeming qualities.

Your only mistake (an honest one) on this thread is that you have tried to engage in open, honest debate with dishonorable scoundrels.

I can understand not wanting to continue responding to the hateful and vitriolic attacks from the coven. The ironic thing is, those people have the audacity to question our desire to be separate from them?! Take care.

1,181 posted on 09/02/2010 5:36:41 AM PDT by cowboyway (Molon labe)
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To: cowboyway
My vast experience with yankees has confirmed that they are a loud, rude, obnoxious race with few, if any, redeming qualities.

Funny, we've all concluded the same about all y'all. Except for the 'few redeeming qualities' part. We've yet to find any redeeming qualities at all.

1,182 posted on 09/02/2010 5:42:48 AM PDT by Non-Sequitur
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To: Non-Sequitur
all finished their grits and fatback and swilled down your chickory yet? Or are you guzzling that miserable sweet tea?

Do you use racial stereotypes, too?

1,183 posted on 09/02/2010 5:44:29 AM PDT by cowboyway (Molon labe)
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To: cowboyway
Do you use racial stereotypes, too?

Those were stereotypes? Who knew?

1,184 posted on 09/02/2010 5:46:16 AM PDT by Non-Sequitur
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To: cowboyway
My vast experience with yankees has confirmed that they are a loud, rude, obnoxious race with few, if any, redeming qualities.

I didn't know you're a yankee. That description fits you to a "T". And like NS said, what "redeming" qualities?!

1,185 posted on 09/02/2010 5:50:09 AM PDT by rockrr ("I said that I was scared of you!" - pokie the pretend cowboy)
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To: Non-Sequitur
So you're back to the ever popular "We wuz soooooo stoopid we done fell into Linkum's trap" defense? He tricked you into firing and initiating the war?

Trick? No, the United States Government committed an act of war when they violated the Armistice agreements.

1,186 posted on 09/02/2010 6:20:43 AM PDT by Idabilly ("When injustice becomes law....Resistance becomes DUTY !")
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To: Idabilly
Trick? No, the United States Government committed an act of war when they violated the Armistice agreements.

So do something about it other than whining on the internet from the comfort of your trailer....
1,187 posted on 09/02/2010 6:52:19 AM PDT by MikefromOhio (There is no truth to the rumor that Ted Kennedy was buried at sea.....)
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To: Idabilly
No, the United States Government committed an act of war when they violated the Armistice agreements.

There was no Armistice Agreement. There was no agreement of any kind. Just constant confederate confrontation and escalation that finally got them the war they wanted.

1,188 posted on 09/02/2010 7:03:51 AM PDT by Non-Sequitur
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To: MikefromOhio
And you wonder, and the coven wonders, and searches out the real cause of that war. If it was a snake, you'd be snake bit. It is you, your attitude, your lack of respect, you dishonoring women, you, you, you.

I may be only one man, but I will do every thing in my power to be Free from you, and permanently.. Good day, a**Hole

1,189 posted on 09/02/2010 7:09:23 AM PDT by Idabilly ("When injustice becomes law....Resistance becomes DUTY !")
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To: cowboyway; Idabilly; southernsunshine
Thank you for your encouraging post. I am not leaving the Reb ranks if you guys will still have me, just establishing some boundaries with the coven. I imagine they are so ill mannered they will not respect them.



Anyway listed below are my quotes from yesterday clearly establishing the Mississippi River Road in the greater New Orleans areas. It is just obvious the coven stay in attack mode before any honest effort is made to understand. It is a waste of time, as you say, to bother with them.



"I suggest a telephone call to Houma House Plantation, near Burnside, La. on the Mississippi River Road, outside of New Orleans. Make some inquiries concerning their research of the race of area antebellum plantation owners. They have found there were more free men of color plantation owners, enslaving their own race, than whiteys. The owner along with some great African American ladies employed as tour guides, were researching the true history of the area’s slavery, at the time of our last visit in 2008."

"I believe we were discussing the greater New Orleans area, right?"

"The NOLA/Baton Rouge Mississippi River Road areas are an interesting study."

"I did not say the actual city of New Orleans, I said the greater New Orleans area located on the Mississippi River Road."

"You don't know anything about the river road, do you. You have no idea what parishes the area includes"

1,190 posted on 09/02/2010 7:19:57 AM PDT by mstar
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To: Idabilly
I may be only one man, but I will do every thing in my power to be Free from you, and permanently.. Good day, a**Hole


And I only wish you'd ignore me, but chances are you'll continue to post within this thread.
1,191 posted on 09/02/2010 8:03:15 AM PDT by MikefromOhio (There is no truth to the rumor that Ted Kennedy was buried at sea.....)
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To: mstar
I imagine they are so ill mannered they will not respect them.

Because your wannabe secessionist buddies are SO thoughtful and respectful...

I wish FR had avatars, this one would fit you to a T


1,192 posted on 09/02/2010 8:13:49 AM PDT by MikefromOhio (There is no truth to the rumor that Ted Kennedy was buried at sea.....)
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To: Non-Sequitur
Those were stereotypes? Who knew?

One more time, do you use racial stereotypes, too?

1,193 posted on 09/02/2010 8:28:56 AM PDT by cowboyway (Molon labe)
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To: cowboyway
One more time, do you use racial stereotypes, too?

Do you use racial epithets?
1,194 posted on 09/02/2010 8:32:44 AM PDT by MikefromOhio (There is no truth to the rumor that Ted Kennedy was buried at sea.....)
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To: mstar
just establishing some boundaries with the coven. I imagine they are so ill mannered they will not respect them.

The buffoons have a historical disrespect for boundaries.

As you can see, punkrr, ns and cowardfromohio didn't waste any time attacking you.

Deo vindice! Free Dixie!

1,195 posted on 09/02/2010 8:43:36 AM PDT by cowboyway (Molon labe)
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To: cowboyway

Heel boo-boo


1,196 posted on 09/02/2010 8:48:31 AM PDT by rockrr ("I said that I was scared of you!" - pokie the pretend cowboy)
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To: cowboyway
One more time, do you use racial stereotypes, too?

Of course not. That would be racist.

1,197 posted on 09/02/2010 9:17:14 AM PDT by Non-Sequitur
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To: cowboyway
The buffoons have a historical disrespect for boundaries.

What do you expect from individuals that glorify the insane.

Deo vindice! Free Dixie!

Amen brother

Dixie is alive and well!
1,198 posted on 09/02/2010 9:42:21 AM PDT by mstar
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To: mstar

Your response about glorifying the insane is self-serving: “Dixie is alive and well!”


1,199 posted on 09/02/2010 9:49:05 AM PDT by rockrr ("I said that I was scared of you!" - pokie the pretend cowboy)
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To: cowboyway

well that didn’t take long


1,200 posted on 09/02/2010 9:51:26 AM PDT by mstar
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