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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

The three dollar bill and/or the three dollar plastic coin, should be reserved for the image of Bill Clinton.

Either that or monoply money. His image on a hundred dollar bill would reduce it's value to minus two bits.


121 posted on 04/27/2005 3:01:41 PM PDT by F.J. Mitchell ( Nuke the energy crisis-conserve the sun,wind and waves, for future generations.)
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To: dead

I would cash any in that I ever got. I would NEVER have anything clintin anywhere near me. No thanks. Even a coin. Yuk, blah, yipes, eweeeee, yuk, gross and did I say Yuk!!!


122 posted on 04/27/2005 3:08:15 PM PDT by cubreporter ( hav)
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To: R. Scott
Like a bus token?

Yep. I am sure there were paper mills as well. A mill I think was one tenth of a cent, this was during WW II.

123 posted on 04/27/2005 3:08:21 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

The Congress will never put Clinton's face on any currency, they will never name a prominent federal buidling in Washington DC after him, and the Navy will never name an aircraft carrier after him. His name will be relegated to some federal building in Little Rock.


124 posted on 04/27/2005 3:13:07 PM PDT by moose2004 (You Can Run But You Can't Hide!)
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To: SCALEMAN

"Being a traditionalist, I don't know if I would like the multi-color"
always reminded me of monopoly money


125 posted on 04/27/2005 3:19:04 PM PDT by DM1
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To: dead
Even with his own picture on it, Clinton will never use these coins.

Seeing that one of the main uses for $1 coins is for opening the peep show shutter at Porn Palaces, Clinton on the Obverse seems appropriate.

126 posted on 04/27/2005 3:36:28 PM PDT by Mike Darancette (Mesocons for Rice '08)
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To: itsahoot
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

I had heard about that, but as far as I know, it hasn't been implemented yet. From the way the dealers skirt the subject when it is brought up, there must be some way the casino's detect counterfeit chips now. If not, the industry would be flooded with fake $25 chips.

I know that they try to 'balance' cash against chips or tokens, but that is almost impossible, as people walk out with them, or are wandering around in the casino with them not in play.

127 posted on 04/27/2005 3:42:36 PM PDT by SCALEMAN (Super Cards/Rams Fan)
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To: Graycliff

I just checked my wallet.
1 ten, one 5 and 3 ones. I seldom have more than 3 or 4 ones.


128 posted on 04/27/2005 3:59:20 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

I was a bit young then – but I do remember the tokens.


129 posted on 04/27/2005 4:00:48 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: tfecw
I thought the Quarters were a neat idea, but all in and all, it's worn off.

Those freakin' quarters aren't so neat if you live in a State that borders Canada.  Then they're a pain in the ass because you have to do a double take ever time you reach for your change:  "Let's see, is this a State Quarter I haven't seen yet or is this some Canadian crap?"

No one wants to have to stop and think about the money in their hand.

The ONLY thing that could have redeemed the State Quarters project is if the Washington State quarter had Washington's portrait on each side.

130 posted on 04/27/2005 4:22:15 PM PDT by Psycho_Bunny (“I know a great deal about the Middle East because I’ve been raising Arabian horses" Patrick Swazey)
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To: JesseHousman

The Sacajawea coins are fine, but hard to get in Eastern Nevada.

I use them for tips at restaurants I frequent. You tend to be remembered. The Chinese lady now gives me THREE teabags instead of the usual two in my weekly pot at the buffet.

Same thing at the Casinos - you get a free beer while playing the machines but I tip the gal a Sacajawea anyway. Next thing you know she is bringing me more than I want.


131 posted on 04/27/2005 7:22:12 PM PDT by Oatka
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To: GSlob
The only problem is how to make the coins acceptable.

If they had done something like they are doing with the quarter, having all of the states on them, the dollar coin would have been a smash hit.

132 posted on 04/27/2005 8:12:02 PM PDT by Vince Ferrer
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To: Vince Ferrer

They would need to start withdrawing paper $1s, so there wouldn't be any alternative to coins - it would ease the acceptance mightily.


133 posted on 04/27/2005 8:22:35 PM PDT by GSlob
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To: JesseHousman

I think we are one of the last countries on earth to adopt coinage worth more than a few cents. When I was in Israel I became very fond of the 10 shekel piece. Very handy. Worth about $2.50 when I was there and the perfect tip for an average lunch or a cab ride. Two made a good tip for dinner. I always had several in my pocket. So much easier than digging out ones wallet.

Attractive little things to. I mounted a couple of them here on my desk where I can admire them.


134 posted on 04/27/2005 8:29:28 PM PDT by mercy (never again a patsy for Bill Gates - spyware and viri free for over a year now)
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