December 22, 2006

On the Edge: Are You Kiddin' Me?!?

Read this story from WorldNetDaily on the National Motto ("In God We Trust") as well as the former National Motto: E Pluribus Unum being relegated to the SIDES (meaning the thin edges where you can't read them!) of the new $1 coins beginning in February 2007. Reason: to make more room for President's faces. At least I'll be spared Bill Clinton's face on a coin. He has not been dead for 2 years. Well, physically dead anyway. Ha-ha.

Do you think the ACLU would take my case? No, I don't either.


Blogger Ray from MN said...

I can see the logic in putting all the presidents' names on the coins.

Coin collecting, numismatics, I believe is pretty close to being the most popular hobby in the country.

If everybody saved a few coins of each President, that would be a lot of profit for the Mint.

But as usual, they are gutless and won't do what they should do. That is, get rid of the paper dollar bill, each of which only lasts for nine months or so. There is a phenomenonal cost in the printing, monitoring and disposal of the paper dollars.

I've worked in companies that have vending machines that gave dollar coins as change and of course, took them, too.

Nobody complained.

We've had the old silver dollars, the "Susie B" silver colored dollar coin (which failed because it was about the same size as a quarter), and the gold colored "octagonal" Sacajawea dollar coin, none of which are in frequent circulation. How often do you see a Kennedy Half Dollar? Not often, I would bet.

But if we got rid of the paper dollar bill and substituted the "presidential dollar coins", it wouldn't take long but that every body would be using them.

It would be much cheaper in the long run and many capitalists would make bundles of money producing vending machines that take the coins, and coin purses and other containers to be used for carrying them.

Actually, since the Mint is being sued for not having money that is easy for blind people to distinguish, they are going to have to start printing paper money in different sizes that would be easy to distinguish. The dollar coin will save them the cost of printing a jillion new, tiny, one dollar bills.

And while they are at it, the Lincoln penny might be another coin that might be headed for the smelters of the world.

December 22, 2006 8:08 PM  

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