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CONGRESS TRIES AGAIN FOR A DOLLAR COIN (WITH KLINTON, YET)
CNN ^ | 4/27/2005 | Gordon T. Anderson

Posted on 04/27/2005 12:51:38 PM PDT by JesseHousman

NEW YORK (CNN/Money) -After two bellyflops, Congress is considering a dollar coin again. This time it might actually work. Like lemmings rushing into the fjords, Congress cannot seem to resist a leap into the dollar-coin money pit. Despite two wildly unsuccessful attempts to introduce a dollar coin, legislators are trying again. This time, however, lemmings might fly. On Wednesday, the House of Representatives passed a bill to create a new $1 coin, which would accompany the current Sacagawea piece. The measure enjoyed enormous bipartisan support, passing by a vote of 422 to 6.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Culture/Society; Government; News/Current Events; Politics/Elections
KEYWORDS: 109th; coins; govwatch; impeachedx42; misleadingheadline; sackyjoyaah; susanbanthony; uscoin
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To: JesseHousman

If someone is broke, you can now say, "he's so broke, he doesn't have two Clintons to rub together".


101 posted on 04/27/2005 1:59:34 PM PDT by 6SJ7
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To: fireforeffect
Augustus Saint-Gaudens.
102 posted on 04/27/2005 2:00:11 PM PDT by Erasmus (When it rattles by my window, the Chicago "L" annoys.)
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To: Petronski

That was my thought, too - you'd have to make twice as many $2.00 bills, to correct for the shortage of $1.00 bills.


103 posted on 04/27/2005 2:00:15 PM PDT by Ro_Thunder (Lt.Col. Myles Miyamasu -"These guys really make us work to kill them, but in the end, they're dead.")
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To: Ignatius J Reilly
naw,

they already have you buy "fake money" for the girls (keeps em from stealing it) so you'll be able to still shove bills (cheaply) down their..what? huh! I have no idea how the strip industry works. I've never been in one of those sin dens. :) (i was serious about the fake money though, Sorry if my "real" explanation ruins your joke, I've tried to replace it with a joke of my own, but now the explanation of the 2 jokes might just in fact kill both jokes)
104 posted on 04/27/2005 2:00:27 PM PDT by tfecw (Vote Democrat, It's easier than working)
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To: JesseHousman
Image hosted by Photobucket.com

Make it look like this. Make it for 2 dollars in a base metal the size of a half dollar, and 10 dollars in Silver. the size of a silver dollar

105 posted on 04/27/2005 2:07:45 PM PDT by Centurion2000 (Nations do not survive by setting examples for others. Nations survive by making examples of others)
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To: Boundless
Recently, I was at a party and was conversing with a native Australian. Somehow the conversation turned to 'money' and he showed me some Australian bills. Each denomination is a different size and color. He was making a point about it being almost impossible to mistake one bill for another, whereas our bills are easily mistaken.

Being a traditionalist, I don't know if I would like the multi-color, multi-size bills.

106 posted on 04/27/2005 2:09:40 PM PDT by SCALEMAN (Super Cards/Rams Fan)
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To: JesseHousman
Image hosted by Photobucket.com

Here's another dollar coin that would be awesome.

107 posted on 04/27/2005 2:10:12 PM PDT by Centurion2000 (Nations do not survive by setting examples for others. Nations survive by making examples of others)
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To: tfecw

When I was stationed in Korea, AAFES did exactly that. They found that the few rounding errors they couldn't get rid were much less expensive than shipping pennies from the US. I didn't miss them, or even realize it until I had been there a few months.


108 posted on 04/27/2005 2:11:16 PM PDT by c.nugget
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To: JesseHousman
We have a new dollar coin now.


109 posted on 04/27/2005 2:14:29 PM PDT by razorback-bert
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To: Calvin Locke
"A retired jeweler was able to counterfeit $10 slot machine tokens

Being a Blackjack player, on several occasions, I have asked dealers if there is a problem with fake 'chips', and each time I have received some noncommittal answer. Does anyone know how the casino's distinguish counterfeit chips? I would think that the $25 chip would be the most easily passed, whereas the $1 and $5 wouldn't be too profitable and the $100 would draw attention.

110 posted on 04/27/2005 2:14:37 PM PDT by SCALEMAN (Super Cards/Rams Fan)
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To: Always Right

Well, the Sacagawea dollar doesn't look like a quarter (it is gold colored, for one thing) and it still hasn't caught on.


111 posted on 04/27/2005 2:18:18 PM PDT by GraceCoolidge
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To: R. Scott
A dollar is pocket change – and it should be a coin.

I guess no one remembers Worthless as a Missouri Mill. These were aluminum coins about the size of a nickle, and had a hole in the center. We used them as washers frequently. I seem to remember hard pressed paper mills as well.

112 posted on 04/27/2005 2:27:32 PM PDT by itsahoot (If Judge Greer can run America then I guess just about anyone with a spine could do the same.)
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To: JesseHousman
I thought the Sacagewea coin was pretty cool.

But the feds screwed up because they re-shipped all those feminist Susan B. Anthony dollars that were sitting in the warehouse at the same time as the Sacagewea dollar.

Sorry, I'm not going to spend a dollar devoted to a political feminist icon.

But a dollar devoted to a teenage girl that carried and nursed a newborn baby from the Great Planes to the Pacific Ocean and back I could spend. Sacagewea was a real woman, a mother, and an explorer, all before the age of 20.

When they melt down those feminist coins, dollars that jingle will be accepted.

113 posted on 04/27/2005 2:29:55 PM PDT by narby
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To: SCALEMAN
Being a Blackjack player, on several occasions, I have asked dealers if there is a problem with fake 'chips', and each time I have received some noncommittal answer

One of the casinos announced they were going to include RFID chips in all there Gaming chips. They will know exactly what you bet is when you put it on the table.

114 posted on 04/27/2005 2:35:26 PM PDT by itsahoot (If Judge Greer can run America then I guess just about anyone with a spine could do the same.)
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To: Petronski

Yes, yes! Eliminate the $1 bill, print lots of $2 bills. The 2-note is perfect for the smallest demonination bill now-a-days. A dollar coin somewhere between quarter-size and Kennedy half... Oh, and quite producing pennies!

I hate a pocket full of pennies and a wallet with $1 bills. Fat wallet and heavy pants for only $6.49. Arg!


115 posted on 04/27/2005 2:35:52 PM PDT by Hard Way (Razor nothin'. I'm firing up Occam's Chain Saw)
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To: Hard Way
A dollar coin somewhere between quarter-size and Kennedy half...

I think something halfway between the Kennedy half and the old Ike dollar would be appropriate. It would "feel" like a dollar.

Of course, how many vending machines even take halves, which have been the same size for many decades now? By the time we finally figure out the right size for the half and the buck, we'll not need change nearly as much anymore, vending machines will all take debit/credit cards.

116 posted on 04/27/2005 2:45:00 PM PDT by hunter112 (Total victory at home and in the Middle East!)
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To: Hard Way
Melt down the carter quarter. Melt down the squawbuck. Keep the dollar bill and leave our money alone.

All these new coins are simply a scam to make money for the gov. They should leave this garbage to the franklin mint and the rest of the hucksters.

We had beautiful money previosuly and they messed it all up. Our bills and coins now look like they're from some third world banana republic.

117 posted on 04/27/2005 2:46:15 PM PDT by John O (God Save America (Please))
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To: Ignatius J Reilly

I don’t know any strippers that would refuse them – but then again, I don’t live in New York City.


118 posted on 04/27/2005 2:55:21 PM PDT by R. Scott (Humanity i love you because when you're hard up you pawn your Intelligence to buy a drink.)
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To: itsahoot
These were aluminum coins about the size of a nickle, and had a hole in the center.

Like a bus token?
119 posted on 04/27/2005 2:57:03 PM PDT by R. Scott (Humanity i love you because when you're hard up you pawn your Intelligence to buy a drink.)
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To: R. Scott

Most of the time.


120 posted on 04/27/2005 2:59:43 PM PDT by Graycliff ("Life is just one darn thing after another; LOVE is just two darn things after each other.")
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