Lyrics & Knowledge Personal Pages Record Shop Auction Links Radio & Media Kids Membership Help
The Mudcat Cafesj

Post to this Thread - Sort Descending - Printer Friendly - Home


BS: $1 Bill

Bobert 23 Aug 12 - 06:56 PM
Bill D 23 Aug 12 - 07:04 PM
Janie 23 Aug 12 - 07:22 PM
Bill D 23 Aug 12 - 07:33 PM
Bobert 23 Aug 12 - 07:36 PM
EBarnacle 23 Aug 12 - 07:36 PM
Janie 23 Aug 12 - 07:39 PM
Bill D 23 Aug 12 - 07:40 PM
SINSULL 23 Aug 12 - 07:41 PM
Bill D 23 Aug 12 - 07:43 PM
GUEST,999 23 Aug 12 - 07:48 PM
Bobert 23 Aug 12 - 07:56 PM
Bill D 23 Aug 12 - 08:07 PM
Bill D 23 Aug 12 - 08:15 PM
katlaughing 23 Aug 12 - 08:19 PM
bobad 23 Aug 12 - 08:21 PM
GUEST,999 23 Aug 12 - 08:29 PM
Bill D 23 Aug 12 - 08:47 PM
Janie 23 Aug 12 - 09:11 PM
Bobert 23 Aug 12 - 09:20 PM
GUEST,999 23 Aug 12 - 09:43 PM
SINSULL 23 Aug 12 - 09:52 PM
gnu 23 Aug 12 - 09:54 PM
gnu 23 Aug 12 - 09:57 PM
JohnInKansas 23 Aug 12 - 10:21 PM
Janie 23 Aug 12 - 10:26 PM
MarkS 23 Aug 12 - 10:32 PM
Bill D 23 Aug 12 - 10:36 PM
JohnInKansas 23 Aug 12 - 10:43 PM
artbrooks 23 Aug 12 - 11:09 PM
GUEST,999 23 Aug 12 - 11:43 PM
Nigel Parsons 24 Aug 12 - 03:54 AM
Nigel Parsons 24 Aug 12 - 04:15 AM
JohnInKansas 24 Aug 12 - 04:23 AM
Georgiansilver 24 Aug 12 - 04:24 AM
Henry Krinkle 24 Aug 12 - 05:05 AM
Bobert 24 Aug 12 - 06:56 AM
Pete Jennings 24 Aug 12 - 08:37 AM
Bobert 24 Aug 12 - 09:06 AM
Amos 24 Aug 12 - 09:35 AM
Greg F. 24 Aug 12 - 09:44 AM
Bee-dubya-ell 24 Aug 12 - 10:37 AM
Bill D 24 Aug 12 - 11:56 AM
Bobert 24 Aug 12 - 01:06 PM
Little Hawk 24 Aug 12 - 01:13 PM
Joe_F 24 Aug 12 - 02:14 PM
Henry Krinkle 24 Aug 12 - 02:23 PM
JohnInKansas 24 Aug 12 - 02:46 PM
Bobert 24 Aug 12 - 02:49 PM
Bill D 24 Aug 12 - 03:25 PM
GUEST,Bucky Beaver 24 Aug 12 - 03:51 PM
Q (Frank Staplin) 24 Aug 12 - 04:03 PM
open mike 24 Aug 12 - 04:08 PM
Q (Frank Staplin) 24 Aug 12 - 04:30 PM
Don Firth 24 Aug 12 - 04:43 PM
gnu 24 Aug 12 - 08:42 PM
gnu 24 Aug 12 - 08:53 PM
JohnInKansas 24 Aug 12 - 09:13 PM
JohnInKansas 24 Aug 12 - 11:56 PM
Q (Frank Staplin) 25 Aug 12 - 01:10 PM

Share Thread
more
Lyrics & Knowledge Search [Advanced]
DT  Forum Child
Sort (Forum) by:relevance date
DT Lyrics:













Subject: BS: $1 Bill...
From: Bobert
Date: 23 Aug 12 - 06:56 PM

Read recently that the cost to print the $1 bill is costing the US $180M a year over $1 coins...

Whaddayathink??? Time to pull the plug on it???

B~


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bill D
Date: 23 Aug 12 - 07:04 PM

I've been saying so for 20 years! If we made ONLY $1 coins available, we could put $2 bills in the cash register and save millions. The $1 coins could go where 50 cent pieces used to go.

Major objections are from the vending machine industry and those who don't want heavy coins to carry. The don't seem to realize that no one would need to have more than 1 or 2 if they also have $2 bills.

But tradition and lethargy will keep it down....

Oh...and the $1 coins MUST be enough larger than a quarter that they won't be confused.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Janie
Date: 23 Aug 12 - 07:22 PM

I'm agin' it.

I'm a change hoarder whose purse already weighs 3 tons from all the change that gets randomly dropped down into the abyss, a mother who has to mend pockets worn through with change, and a laundress who is really ticked at the nicks in the enamel in the washer and dryer from males, young and old, who forget to empty their pockets before dropping pants in the laundry basket. Plus, clumsy arthritic fingers have a much harder time picking change out of the compartment in the billfold than pulling out a dollar bill, or sorting through a handful of coins to pick out the correct pieces.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bill D
Date: 23 Aug 12 - 07:33 PM

*grin*... I see your point, Janie...but there are ways to adjust. (I use several different ways of dealing with 'some' change.... from a fanny pack to just a bowl that I take enough for one trip from.)

Kids CAN be trained...well...sorta....

A dollar coin of reasonable size would be easy to locate, and as I said, a little care would mean you never had more than 1 or 2.

Now if you can't get YOUR head to sort 'em... *shrug*


(Don't worry... I don't think it's gonna happen)


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bobert
Date: 23 Aug 12 - 07:36 PM

Do what men do, Janie...

Get a big jar and throw yer coins in it at night...

BTW, maybe it's time to clean out yer purse... You might have enough $$$ to retire...

B~


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: EBarnacle
Date: 23 Aug 12 - 07:36 PM

Waaall, if'n we go t' gold dollahs we can back ouwah currency the way Will J. Bryan thot we shud, except he wanted silvah to be thu monetizing standahd so we would not be crucified on a cross a gold. What's gud enuf fer granpa is gud enuf fer me. We're headed for universal credit cards anyway.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Janie
Date: 23 Aug 12 - 07:39 PM

Clean my purse? That would be akin to washing my truck!


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bill D
Date: 23 Aug 12 - 07:40 PM

"universal credit cards"

Sure would take the fun out of piggy banks and pitchin' pennies.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: SINSULL
Date: 23 Aug 12 - 07:41 PM

Do what women do, Janie. Keep your quarters stacked in prescription bottles for a rainy day and your other metal crap in a piggy bank for when you run out of candy at Halloween. Those prescription bottles have seen me thru some hard times.
SINS


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bill D
Date: 23 Aug 12 - 07:43 PM

...besides, a heavy purse, swung carefully, is a great way to persuade folks to let you alone...


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: GUEST,999
Date: 23 Aug 12 - 07:48 PM

"What this country needs is a good five cent cigar."

Well, we have one, but it costs a quarter. What this country really needs is a good five cent nickle.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bobert
Date: 23 Aug 12 - 07:56 PM

Hmmmm, Sins...

I didn't realize that women did that??? Very ingenious... Wish I hadn't thrown out old my ol' pill bottles... Kinda like a Wes Ginny Savings Account...

B~


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bill D
Date: 23 Aug 12 - 08:07 PM

I have both those 'state quarters' and a bunch of recent $1 coins in pill bottles.....and a huge peanut jar 3/4 full of pennies....must be 6-7 pounds of 'em.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bill D
Date: 23 Aug 12 - 08:15 PM

I also have 20 'old' (large size) silver dollars


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: katlaughing
Date: 23 Aug 12 - 08:19 PM

What the heck size are your pill bottles? I'd have room for maybe ten quarters each...it's easier just to toss them in a can with a slit in the lid.:-)


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: bobad
Date: 23 Aug 12 - 08:21 PM

One way to use those pennies - penny flooring


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: GUEST,999
Date: 23 Aug 12 - 08:29 PM

Today, at the price of copper, the folks who buy that house go be floor-less the first time they family shop.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bill D
Date: 23 Aug 12 - 08:47 PM

about 20 quarters to a bottle, I think.... I am only saving those toward a set of states.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Janie
Date: 23 Aug 12 - 09:11 PM

All you organized people piss me off.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bobert
Date: 23 Aug 12 - 09:20 PM

Well, I ain't organized... I just throw loose change in an old brass cuspidor... No, I don't spit in it... Not sure where I even got it... Gotta about 12 'er 10 pounds... When it get's full I'll take it to one of them change counters in them stores that give you a credit for it... Then start again...

B~


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: GUEST,999
Date: 23 Aug 12 - 09:43 PM

"Subject: RE: BS: $1 Bill...
From: Janie
Date: 23 Aug 12 - 09:11 PM

All you organized people piss me off."


That is the most. No shit, ma'am.

(Always did like that gal.)


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: SINSULL
Date: 23 Aug 12 - 09:52 PM

My pill bottles hold 20-40 quarters. Perfect diameter.
Not organization - I keep a pill bottle in my desk at work. Drop quarters in the bottles and the rest in a tin for the pig. Last time I was out of cash I had over $150 in quarters. Nice little nest egg.
Kat - I can send you some empty bottles if you like. LOL


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: gnu
Date: 23 Aug 12 - 09:54 PM

Janie... "All you organized people piss me off."

Hashahahahahahahahahahahahaaaaa! Yer my kinda gal!!! Heheheheeee!


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: gnu
Date: 23 Aug 12 - 09:57 PM

After I hit the SUBMIT I had time to read 9's post. Great minds eh?


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: JohnInKansas
Date: 23 Aug 12 - 10:21 PM

On the subject of coin storage I can affirm that a 35 mm film can will hold exactly $7.00 worth of quarters. (The plastic ones work best.) It's the best method I found of keeping them sorted and close at hand back when you could play a game of pool on one of the coin tables for a quarter.

Unfortunately, since everbody quit using anything but digital cameras, a 35 mm film can costs about a buck and a quarter in the rare case when you can find one.

Not too far south and/or east of here, it's my understanding that lots of the local shops can make change for an $18 bill (they'll give you two sevens and a four). They're obviously years ahead of the rest of us.

John


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Janie
Date: 23 Aug 12 - 10:26 PM

Sorted?


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: MarkS
Date: 23 Aug 12 - 10:32 PM

Heeeeellll yes

And while we are at it lets do away with the penny and price all things rounded up or down to the nearest nickel.

Your pockets and purses will be lighter, and the current generation of kids will not have to figure out how much change to give on a $ 10.00 bill for a $ 9.96 purchase.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bill D
Date: 23 Aug 12 - 10:36 PM

I have many, many old 35mm film canisters.... I use 'em for lots of things. Haven't needed any for quarters yet since I also save pill bottles....


"The only way to be sure of having enough, is to always have a little too much"

I also have a box in my shop labeled "pencils too short to save"


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: JohnInKansas
Date: 23 Aug 12 - 10:43 PM

Janie -

Sorted, of course. If you accidentally put a nickel in the slot it jams the machine and nobody can play until somebody with the key gets it open and cleared.

You can run out of beer if there's nobody handy you can beat out of one, and it's considered polite to do it at a game instead of with a big stick.

John


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: artbrooks
Date: 23 Aug 12 - 11:09 PM

I get a $25 roll of the gold dollars every week from my bank, and spend them by the following week. If the size is a matter of concern, they are the same amount larger than a quarter as a quarter is than a nickel. The unfortunate thing is that they are so UNpopular that the Mint has multiple millions of them in a vault, and they have essentially stopped making them.

Do your part - go to your bank, get a roll, and SPEND them!


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: GUEST,999
Date: 23 Aug 12 - 11:43 PM

"I have many, many old 35mm film canisters.... I use 'em for lots of things"

I use them to put grass in.

Just because Kodak is gone don't mean I'll quit smokin'.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Nigel Parsons
Date: 24 Aug 12 - 03:54 AM

Subject: RE: BS: $1 Bill...
From: Bill D - PM
Date: 23 Aug 12 - 10:36 PM

I also have a box in my shop labeled "pencils too short to save"


Pencils too short to save? There's no such beast.

Tear of a 1 inch strip from a piece of A4 paper.
Stick one end to the pencil.
Tightly wind the remainder around the pencil.
Stick the loose end to the layer below.
Gently pull the 'loose' end away from the pencil (forming a tight helix of paper)
Voila,you now have a pencil of useable length!

Repeat for all the stubs you have, using coloured paper, and put on the counter in a container marked 'Crazy Pencils @ 50c'


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Nigel Parsons
Date: 24 Aug 12 - 04:15 AM

If a $1 coin was introduced it needn't cause problems with pockets etc. Just design a suitable holder. I have one of These to hold £1 coins. Roughly two and a half inches in length, it holds 18 pound coins (when full). In the past I could go for an evening's drinking without taking a wallet, as long as the coin holder started the evening full.
I have a similar one which I take on holiday which holds 20+ 1 euro coins.
The rounded edges don't damage my pockets.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: JohnInKansas
Date: 24 Aug 12 - 04:23 AM

If the size is a matter of concern, they are the same amount larger than a quarter as a quarter is than a nickel.

The quarter is very slightly larger in diameter than a nickel, but slightly thinner. They both contain nearly the same volume of metal.

The quarter and the nickel are so close to the same size that you can squeeze a nickel between two good flat steel plates and make it the same diameter and nearly identical weight and thickness as a quarter. Close enough to work in nearly any vending machine that takes quarters. (actual test result)

Of course it does take about 17,000 pounds of squash to do it (same test). Nickels are pretty $@#%! hard.

You can't really tell a nickel from a quarter by feel except for the knurl on the quarter and smooth edge on the nickel. The diameters are just different enough that if you have one of each, with them side to side, you can feel which is which by the difference, but if you just take one at a time out of your poke you'll have a hard time telling which you've got other than by the knurl.

John


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Georgiansilver
Date: 24 Aug 12 - 04:24 AM

The One Dollar Bill has played a significant part in the history of the country....... maybe the dollar bill will stay or something 'special' to take its place?

The eye of horus?


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Henry Krinkle
Date: 24 Aug 12 - 05:05 AM

I gotta get organizized........... How about a three dollar bill with George Bush and Dick Cheney embracing on the front?
(:-( ))=


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bobert
Date: 24 Aug 12 - 06:56 AM

I was kinda thinking of a $3 bill with you or Sawz on it myself, Krinkz, but Bush or Cheney would work, too...

B;~)


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Pete Jennings
Date: 24 Aug 12 - 08:37 AM

Those 35mm film canisters are really useful. I used to fill them with 2p pieces (almost a perfect fit at 25mm dia)and use them as paperweights in the darkroom.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bobert
Date: 24 Aug 12 - 09:06 AM

The aluminum cans were the stash-container-of-choice in the 60s and 70s...

I don't have one anymore... Wish I did... And filled to the top with sticky bud...

B;~)


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Amos
Date: 24 Aug 12 - 09:35 AM

For those who want to quit smoking, the "Commit" nicotine tablets come in tubes which have snap-top lids and which when empty asre the perfect size for storing quarters. I keep one full of quarters in my glove box for parking emergencies.


A


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Greg F.
Date: 24 Aug 12 - 09:44 AM

As noted, the $1 bill costs more to keep in curculation than its worth, but the only way to get people to use the coins is withdrawing - gradually, if need be- the $1 bill from circulation & stating a date by which it will no longer be legal tender.

I don't expect to live to see the rational thing done, however- & its interesting that none of the Government-Is-Wasting-Your-Money crowd ranting about this waste of money.

As far as recognition of the coin goes, its a shame that instead of messing with the diameter, they didn't take a cue from the British £1 coin, and double the thickness while keeping the diameter about the same as a U.S. nickel, but its too late now.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bee-dubya-ell
Date: 24 Aug 12 - 10:37 AM

It's psychological. Paper money, even as low as a $1.00 bill, is "real money". Coins are "chump change". Changing the $1.00 bill to a $1.00 coin psychologically demotes the value of a dollar to the "chump change" realm.

I suppose one could argue that a dollar is chump change nowadays, and I'm sure it is to my grandchildren, but we codgers tend to stick to the values we learned in our childhoods, when Mom and Dad passed out coins like they were candy but reserved the bills for "real" stuff. Maybe our descendents will do away with the $1.00 bill after we're all dead, but I doubt it will happen while boomers are in charge of the mints.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bill D
Date: 24 Aug 12 - 11:56 AM

I never knew anyone who kept weeds & seeds in an aluminum canister...those were for hash.

I thought I still had one of the aluminum ones somewhere, but haven't seen it for years.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bobert
Date: 24 Aug 12 - 01:06 PM

The late pool hustler, "Minnesota Fats", didn't think that $1 bills were of any value... He called them "beans"... Heck, that was 40 years ago... Wonder what he'd call them today???

As for weed??? Musta been a regional thing, Bill... Down Richmond, Va. it was the *only* way to stash a little "road weed"... Baggies were for home...

B;~)


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Little Hawk
Date: 24 Aug 12 - 01:13 PM

Ya silly buggers! You're way behind the eight ball, eh? ;-) Canada's had a $1 coin ever since 1987 when we phased out the old $1 paper bill. We also brought in a $2 coin a few years back and phased out the $2 bill.

Our $1 coin is called the Loonie, cos it has a loon on one side (and the Queen on the other, naturally). Our $2 coin has been popularly dubbed the "Toonie". It has a polar bear on it. I can hardly wait for them to do a $5 coin and call it the "Foonie"! Maybe put a moose or a wolf on that one, eh? They are nice attractive looking coins and have saved us a shitload of money....so much in fact that we will soon be able to train an army of badge-wearing beavers and moose to patrol our borders and prevent Yankee wetbacks from fleeing their southern Gulag in search of affordable health care.

I saved a few of the old $1 and $2 bills in hopes that they would appreciate wildly in value and I could sell them and retire. Well...they've appreciate a little in value...but only enough at this point to buy me a cheap meal at the local greasy spoon. (sigh)

At any rate, the introduction of these coins has not caused any problem. In fact, they're fun. And they look nice.

On the sad side...the Canadian copper penny has seen its day. They are being discontinued to save money and will not be legal tender anymore after February next year! Everything is going to be rounded off to the nearst nickel from then on. People are already hoarding rolls of the final issue of 2012 Canadian pennies....again, hoping to cash in on them as rare coins some day (think around, oh, the year 2250 or something like that).


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Joe_F
Date: 24 Aug 12 - 02:14 PM

There used to be wallets that had a plastic or metal assembly that would hold pennies, nickels, dimes, & quarters in separate slots. That made it easy to get rid of small change by using it in small transactions. When I left my commune in 1981 & started handling money again, I tried to find such a wallet, but they had disappeared, tho one leather-goods proprietor told me about one customer a week came in & asked for one. My guess is that sometime in the '70s the fashion industry had taken over the wallet business & decreed that sensible people are not worth pleasing. I have tried to make a usable substitute, but so far have failed.

One conceivable escape from the nuisance of pennies & nickels as well as $1 bills might be to multiply the value of existing coins by 10, say by punching a special-shaped hole in them whenever they passed thru a bank. Then the penny would become a dime, the nickel a half dollar, and so on. That would bring their purchasing power close to what it was when I was little.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Henry Krinkle
Date: 24 Aug 12 - 02:23 PM

American cents are copper plated zinc. Pretty worthless. Are the Canadian ones still copper? I collect copper pennies. Pre 1982 I think
(:-( ))=


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: JohnInKansas
Date: 24 Aug 12 - 02:46 PM

The US has had a number of dollar coins, but they've never found a lot of use.

The last effort made the coin almost exactly the same size as a quarter (or nickel) and the only way to tell them apart was that the dollar had "flat" edges and an octagonal(?) outline instead of round.

During the few years when people were "trying them out" I probably got more than a half dozen in change from people who thought they were giving me a quarter. There was enough difference that I was able to spot the error to correct it in most cases, but a couple slipped through so I never knew who to return the six-bit difference to.

IFF a dollar bill could only be used ONCE, the cost of printing one would need to be much less than the value. Since dollar bills change hands much more frequently than other denominations, the few months that a "One" is in circulation isn't really much of a problem. The "dollar exchanges" during its lifetime by a particular "One" is about the same as for any other of the common denominations.

The manufacturing cost versus face value is a completely unrealistic way to decide whether the particular specie is useful enough to be continued in use, but the comparison continues to be made by those with no comprehension of economics. (And by some who like to do it just for fun.)

If the printing office got a penny every time a dollar changes hands, a single dollar bill would get them a couple of hundred bucks back during its lifetime. The printer doesn't get it back, but in most states the 8% to 14% "sales tax" on each dollar exchanged is a pretty substantial contribution to the (mis)government. Anything that facilitates exchanges of dollars is of benefit to the bandits government, and the One Dollar Bill is a great facilitator.

John


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bobert
Date: 24 Aug 12 - 02:49 PM

All in all, it costs the US taxpayer 1.6 cents to mint a penny... Don't much matter what school of economics you attended, it's a bad deal... $1 bills cost the US taxpayers $180M a year over coins but...

...people in the US are a pretty reactionary bunch and don't like change (pun intended)...

B~


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Bill D
Date: 24 Aug 12 - 03:25 PM

Before the Civil War the US had 1/2 cent coins...afterwards we had 2 cent and 3 cent coins. The coins meant something then. If we get rid of the penny, everything will be rounded off so that nickels will be the smallest. Guess which way they'll be rounded....

Canada stays ahead of us in several ways, and I HOPE someone in Congress will do the math and see how much can be saved by adopting relevant coins.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: GUEST,Bucky Beaver
Date: 24 Aug 12 - 03:51 PM

Henry, you asked if the Canadian penny is made out of copper. Not mostly anymore. It's 94% steel, 1.5% Nickel, 4.5% Copper plating on the outside. But the greatest Canadian coin of all is the mighty nickel 5 cent piece! And I'm on it, eh? Way cool!

- Bucky


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Q (Frank Staplin)
Date: 24 Aug 12 - 04:03 PM

In 2006, had two cores to its copper-coated pennys, resulting in some that were magnetic and some not. Combined with the mint logo or its absence, etc., that year produced six variations, one of which is rare (sells for several hundred dollars if the specimen is mint- I won't tell you details, already too many people hunting them).

Now the penny will also disappear, as noted by Little Hawk. Fifty cent coins are rare, so we will have nickel, dime, quarter, $1 loonie and $2 toonie.

The way prices are inflating, I wonder how long it will be before the $5 bill turns into a coin.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: open mike
Date: 24 Aug 12 - 04:08 PM

there was once a $1 coin with Sacagawea on it...and also Susan B, Anthony..each one a different size...so slot machines and other coin operated machines (esp. in post office) need to be adjusted to take different sizes of coins...i wonder how this works..

The susan b anthony was a small coin...with 11 sided edges that looked squared off ..it was too close to the size of a quarter, and was often
confused with them.

http://en.wikipedia.org/wiki/Sacagawea_dollar

http://en.wikipedia.org/wiki/Susan_B._Anthony_dollar


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Q (Frank Staplin)
Date: 24 Aug 12 - 04:30 PM

Canada- left out of my last post.

Canada has produced a proof set with the 2012 penny in silver.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Don Firth
Date: 24 Aug 12 - 04:43 PM

Well, a purse with a ton of coins in it might work just fine.

A friend of mine was walking down the street one afternoon early in the month, and about a quarter of a block ahead of him was an elderly lady. She was carrying her purse by the strap. My friend spotted a kid who was walking toward her very briskly and immediately knew he was going to try to snatch the woman's purse. So he put on a burst of speed, hoping to get to the woman in time to stop the kid.

He didn't make it. But as the kid made a dive to grab her purse, she spun on her heel, swinging the purse by the strap, and clopped the kid upside the head with it. The kid did about three somersaults and wound up with his face in the gutter and his butt pointed at the sky.

By then, my friend had caught up to her.

"Nicely done!" he said. "I was going to try to stop him, but it looks like you didn't need any help."

She said that she had just come from the bank from cashing her Social Security check, and that a couple of times around the first part of the month when the S. S. checks come in, she'd had her purse snatched. So she decided to carry a brick in her purse and use it as a weapon if necessary.

My friend walked her to the door of her apartment building and bid her good day, then went back to where the kid had been laying. He was gone, so either he had staggered off with his head tucked underneath his arm, or the city sanitation department had shoveled him out of the gutter.

Don Firth


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: gnu
Date: 24 Aug 12 - 08:42 PM

Don... I LOVE IT!


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: gnu
Date: 24 Aug 12 - 08:53 PM

Hank... "How about a three dollar bill with George Bush and Dick Cheney embracing on the front?"

Yeah, that's good.


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: JohnInKansas
Date: 24 Aug 12 - 09:13 PM

A three dollar bill is too close to sounding reasonable. For that pair a 13 dollar denomination would suggest the commemoration of many more of the attributes of the pair of them.

John


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: JohnInKansas
Date: 24 Aug 12 - 11:56 PM

D'oh! Post office stuck with millions of 'Simpsons' stamps

By Gael Fashingbauer Cooper, TODAY
24 Aug 2012
Has "The Simpsons" fandom run its course, or did the U.S. Postal Service simply dream too big?

The post office produced 1 billion "Simpsons" themed 44-cent stamps in 2009, but only 318 million were sold, the New York Times reports.

That leaves 682 million stamps that are now unlikely to sell since they now need a one-cent extra stamp for first-class postage. The post office raised its rates to 45 cents for a first-class letter in January.

The Times reports that if the stamps are destroyed, as commemorative stamps that don't sell often are, it would amount to a waste of $1.2 million in printing costs.

The post office has produced Forever stamps since 2007. Such stamps are always valid for the first-class postage rate despite any rate increases since they were issued. The "Simpsons" stamps, however, weren't Forever stamps and have a printed rate of 44 cents.

The post office and "The Simpsons" don't have an easy relationship anyway. In one episode, even mild-mannered Ned Flanders goes on a rant against them -- although not for the reasons you might think. "I don't like the service at the post office," he complains. "You know, it's all 'rush rush! Get'cha in, get'cha out! Then they've got those machines in the lobby, they're even faster, no help there. You might even say, I hate the post office. That, and my parents. Lousy beatniks."


John


Post - Top - Home - Printer Friendly - Translate

Subject: RE: BS: $1 Bill...
From: Q (Frank Staplin)
Date: 25 Aug 12 - 01:10 PM

Not pertinent to the thread topic, but interesting.
A one cent coin, 1792 Washington President pattern 1 cent large eagle w/stars, goes on auction Aug. 26.
Opening bid set at $74,000, expected sales price between $100,000-$150,000.
(A slightly better specimen sold for $253,000 in 2006).

Lot 350, Early American History Auctions, Rancho Santa Fe, CA

Prices are down because of the recession; a good time to buy!


Post - Top - Home - Printer Friendly - Translate


 


You must be a member to post in non-music threads. Join here.


You must be a member to post in non-music threads. Join here.



Mudcat time: 6 May 6:38 AM EDT

[ Home ]

All original material is copyright © 2022 by the Mudcat Café Music Foundation. All photos, music, images, etc. are copyright © by their rightful owners. Every effort is taken to attribute appropriate copyright to images, content, music, etc. We are not a copyright resource.