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Senators McCain and Harkin seek to kill the dollar bill - replace with a coin
The Hill ^ | February 1, 2012 | Josiah Ryan

Posted on 02/01/2012 6:46:31 PM PST by opentalk

click here to read article


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To: VideoDoctor

Yeah pants pocket will weare out much faster!


41 posted on 02/01/2012 7:15:00 PM PST by Empireoftheatom48 (Let's get the hell rid of Zero)
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To: gaijin

Interesting, India is pursuing cashless society, involves biometrics.


42 posted on 02/01/2012 7:15:08 PM PST by opentalk
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To: opentalk

India already has HUNDREDS OF MILLIONS who live day to day in a cashless society, and without fear of their trouser pockets getting holes worn in them by coins.


43 posted on 02/01/2012 7:17:44 PM PST by muawiyah
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To: cripplecreek

Mercy you are right - how about half of our idiot politicians retire and we save much more than that in both salaries and stupid legislation. Have to say that includes both Republicans and Democrats.


44 posted on 02/01/2012 7:17:57 PM PST by Deagle
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To: opentalk
Well, that should just about cover the cost of the Secret Service taking care of the Obama Family for the next thirty years.
45 posted on 02/01/2012 7:19:20 PM PST by Kickass Conservative (Liberals, Useful Idiots Voting for Useless Idiots...)
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To: Jonty30

I went to Canada this last summer. The Canadian dollar at that time was worth about 1.16 US Dollars. Exchanging money in Canada was an eye opener as to the devaluation of the US Dollar.

I believe the Canadian Dollar is now worth 1.0028 US Dollars. According to the XE Currency converter.

Of course when I visited Romania about eight years ago I converted $30.00 to one million lei.


46 posted on 02/01/2012 7:19:32 PM PST by Yulee (Village of Albion)
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To: opentalk

Imagine where coins will end in strip clubs...


47 posted on 02/01/2012 7:19:59 PM PST by Keith in Iowa (Willard Romney, purveyor of the world's finest bullmitt. | FR Class of 1998 |)
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To: opentalk

More proof that this A..hole is so out of touch.


48 posted on 02/01/2012 7:20:45 PM PST by deweyfrank
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To: dalereed

Yes they are painstakingly close to a quarter.

I would also like to say that I have found upwards of 8 quarters in a pocket spill, so any argument that people would not carry 10 of them in their pocket is bunk.


49 posted on 02/01/2012 7:21:00 PM PST by pennyfarmer (Even a RINO will chew its foot off when caught in a trap.)
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To: Deagle

It costs money for them to even propose this crap.

They pay someone to write a proposal and then dozens if not hundreds of copies are printed up and given to colleagues....


50 posted on 02/01/2012 7:21:43 PM PST by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: opentalk

These Clowns have been pushing coins on us for the last 30 years and what’s it get the government.Store houses of useless coines that cost a fortune to create and keep secure.


51 posted on 02/01/2012 7:23:08 PM PST by puppypusher (The World is going to the dogs.)
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To: Yulee

If you come to my store, I give 90 cents for every American dollar. And you’ll give to me, when it’s 6am and you really need a coffee.

Then I take it to the bank and exchange it back to Canadian money and make a little bit of money doing it.

Come to my store and buy my merchandise.


52 posted on 02/01/2012 7:23:35 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults.)
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To: DemforBush

>”Besides...if there are no more $1 bills, how are we going to show our appreciation to pole dancers?”<

Three words, Magnetic G Strings...


53 posted on 02/01/2012 7:23:42 PM PST by Kickass Conservative (Liberals, Useful Idiots Voting for Useless Idiots...)
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To: opentalk
Ditch the Penny
Round all transactions to nearest 5cent

Or better
Ditch the Nickel too.

Both are wastes of pocket space

54 posted on 02/01/2012 7:26:34 PM PST by HangnJudge
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To: VideoDoctor

First off; if you are carrying more than 5 in your pocket then that is your own fault. Right now you are willing to carry at least 3 quarters in your pocket if you break a dollar.

Second; people will carry insane things in their pockets. Like I stated in a post above this one, I have found at least 8 quarters in a pocket spill. I have found that many on a few occasions. This tells me that people do not have a problem carrying that many medium sized coins in their pockets.


55 posted on 02/01/2012 7:26:51 PM PST by pennyfarmer (Even a RINO will chew its foot off when caught in a trap.)
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To: opentalk
The $20 bill is now the new $1 bill anyway, so what does it matter?

I watch $1 bills blow by me every day and it never even occurs to me to try to retrieve them.

56 posted on 02/01/2012 7:30:20 PM PST by elkfersupper ( Member of the Original Defiant Class)
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To: opentalk

OMG..THINK ABOUT THIS!!!..Who is gonna suffer the most?
Strip clubs and strippers....I am not gonna carry a big bag into the club..(I refuse)..Second...Do you know the liability insurance needed when you use coins to “Make it rain “ on strippers?..The injuries that will be suffered will be massive!...Repeal IMMEDIATELY!!!


57 posted on 02/01/2012 7:34:08 PM PST by OL Hickory (Jesus and the American soldier-1 died for your soul/1 died for your freedom)
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To: opentalk

A dollar is now worth about the same as a nickel was when we started printing them. It’s a good idea.


58 posted on 02/01/2012 7:39:18 PM PST by freedomfiter2 (Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
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To: opentalk

Coins or paper its going to be worthless soon anyway so who cares?


59 posted on 02/01/2012 7:44:14 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: gaijin

I guess it is easier to carry a bag full of coins than a wheel barrow full of dollars.


60 posted on 02/01/2012 7:58:00 PM PST by SaraJohnson
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