Remember the Susan B Anthony and Sacajawea coins? Well the dumb *&)s
did it again. I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.

Ah well, never underestimate the stupidity of beuracracy!

Harry K

Harry K wrote:
Remember the Susan B Anthony and Sacajawea coins? Well the dumb *&)s
did it again. I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.

Ah well, never underestimate the stupidity of beuracracy!

Harry K

Is it a problem for you that a one dollar bill is the same size as a fifty?

On Feb 18, 9:23 pm, "Harry K" wrote:
Remember the Susan B Anthony and Sacajawea coins? Well the dumb *&)s
did it again. I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.

Ah well, never underestimate the stupidity of beuracracy!

Harry K

I don't use them for that reason. However, when travelling to Canada
I never have a problem with their Loonies so I think it's probably
psychological. I think if they take away our paper $1 we would adapt
fairly fast.
Bob

"Harry K" wrote in news:1171855415.659773.41620
@v33g2000cwv.googlegroups.com:

Remember the Susan B Anthony and Sacajawea coins? Well the dumb *&)s
did it again. I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.

Ah well, never underestimate the stupidity of beuracracy!

Vending machine and coin-counter companies spent gobs of money making
their machines accept the size and weight of a dollar coin. I don't
expect the government to change those lightly.

The real problem is that the "dumb *&)s" won't quit printing the dollar
bills -- or pennies.

I used to work for Brink's armored car. Every time a new bill design
comes out, they have a fire drill getting the bill counters updated with
the new specs. It's non-trivial.

"Steve" wrote in message

The real problem is that the "dumb *&)s" won't quit printing the dollar
bills -- or pennies.

The Euro smallest paper denomination is the 5E. 2 and under are coins, each
different diameter and 10¢ and under are red copper, while the others are
gold colored. . It is not really a problem once you get used to it.
http://www.euro.gov.uk/eurocoins.asp

If we were to do it right it would not take very long to make the change and
be done with it.

Rick Brandt wrote:
Harry K wrote:

Remember the Susan B Anthony and Sacajawea coins? Well the dumb *&)s
did it again. I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.

Ah well, never underestimate the stupidity of beuracracy!

Harry K


Is it a problem for you that a one dollar bill is the same size as a fifty?


The problem is there is no need for a dollar coin since we already have
a dollar bill. The idea was obviously conceived by the US Department
of Redundancy Department...

AL

In article
. com,
says...
Remember the Susan B Anthony and Sacajawea coins? Well the dumb *&)s
did it again. I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.


Different colour.


--
Get Credit Where Credit Is Due
http://www.cardreport.com/
Credit Tools, Reference, and Forum

"Harry K" wrote in message
ups.com...
Remember the Susan B Anthony and Sacajawea coins? Well the dumb *&)s
did it again. I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.

Ah well, never underestimate the stupidity of beuracracy!

Ideally coins will save quite a bit of money over paper; although more
expensive to make, they last much longer. So they keep trying it, hoping
that one time they might get lucky. My son defines insanity as doing the
same thing over and over again, expecting different results. Need I say
more.

Why the hell don't they get rid of pennies and maybe nickles if they want to
save money?

"AL" wrote in message

The problem is there is no need for a dollar coin since we already have a
dollar bill. The idea was obviously conceived by the US Department of
Redundancy Department...

But the dollar coin will greatly outlast the paper bill saving money.

In article . com,
says...
Remember the Susan B Anthony and Sacajawea coins? Well the dumb *&)s
did it again. I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.

Ah well, never underestimate the stupidity of beuracracy!

Stupid like a fox! (or something like that) The Mint has become a
profit center by issuing coins that are 'different' than the
traditional penny, nickel, dime, and quarter, thereby creating a
whole new generation of numismatists (I think that's another word for
'coin collectors'). Witness the state quarters, the new nickels, and
the dollars (3x). People are 'buying' these coins and stashing them
away, meaning that the mint can produce them in quantities far
exceeding what they would have produced normally, and pocket the
profit. In the past, anytime the Mint needed a quick budgetary fix,
they simply cranked out a few million $2 bills. Now they're doing it
with coins. It's not unlike the Post Office printing 'collectible'
stamps that will never be used for postage - it's pure profit.

Now, what were you saying about a the stupidity of beuracracy (sic)?

On Feb 18, 10:23 pm, "Harry K" wrote:
Remember the Susan B Anthony and Sacajawea coins? Well the dumb *&)s
did it again. I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.

Ah well, never underestimate the stupidity of beuracracy!

Harry K

Are these the new presidential series coins? You are not supposed to
spend them but collect them. Thus the government will make maybe 10
billion dollars. My wife said, after sucking us in on the state
quarter, she's not collecting these

Frank

AL wrote:
....

The problem is there is no need for a dollar coin since we already
have a dollar bill. The idea was obviously conceived by the US
Department of Redundancy Department...

AL

Better yet, let's dump pennies and the dollar bill. Do you know that
when we made a good decision to dump the half penny it was worth about 20¢
in today's money? Let's lighten our pockets and get rid of the nickel and
quarter also and re-issue a smaller 50¢ piece and a $5.00 coin making the
$10.00 our smallest bill and the dime the smallest coin. Then those $19.95
deals will become $19.90. (or $19.9) :-)

--
Joseph Meehan

Dia 's Muire duit

"Joseph Meehan" wrote in message
Better yet, let's dump pennies and the dollar bill.

Don't dump them, make them the new dollar coin

Better yet, let's dump pennies and the dollar bill.

Not so fast there!

The "Penny Dump" is LONG overdue. Because of the extra effort when making
change it $.01 piece is a drag on the economy.

The law should require that transactions be "rounded up" to the nearest $.05
unless the seller decides on a different policy. That way, when you get
change you don't get your cents.

If the US gets another round of inflation, the "next step" would be to get
rid of the $.05 and $.10.

But bring in the $1.00 "token" (as it doesn't contain silver or gold) coin
while we still have the $.01 piece a mistake.

Do you know that
when we made a good decision to dump the half penny it was worth about 20¢
in today's money? Let's lighten our pockets and get rid of the nickel
and
quarter also and re-issue a smaller 50¢ piece and a $5.00 coin making the
$10.00 our smallest bill and the dime the smallest coin. Then those
$19.95
deals will become $19.90. (or $19.9) :-)

Good thinking.

I don't use them for that reason. However, when travelling to Canada
I never have a problem with their Loonies so I think it's probably
psychological. I think if they take away our paper $1 we would adapt
fairly fast.

Yep!

"Cold Turkey" is the only way to go.

That's how England introduced the Thachers (the 1 pound coin): after a
certain date the paper money was no long legal currency.

The English coin is a GREAT design: it's is about "quarter" sized but
almost twice as thick. It's gold in color. The edge has find "curling"
plus some extra lettering.

I don't know the situation today, but back in the 80s, the Bank of Scotland
still printed 1 pound paper notes which WERE legal but the Bank of England 1
pound paper bills were not.

That's why there will always be an England and a Scotland and a Wales!

Vending machine and coin-counter companies spent gobs of money making
their machines accept the size and weight of a dollar coin. I don't
expect the government to change those lightly.

Lot's of machines still don't take the $1 coin. The government should come
up with a THIRD size (we still have the old "silver dollar" size) that can't
be confused with the $.25 well before dropping the $1 bill.

Unfortunately with our currency not being backed by gold or silver future
inflation is all but certain. Any new $1 coin should provide for future
expansion with $2 and $5 coins. Perhaps the "new" $1 coin should a little
larger than the present $.10 piece but be slightly thicker and be gold in
color. The $.05 piece has a smooth edge so that size can be "recycled" for
a higher value coin.

Why the hell don't they get rid of pennies and maybe nickles if they want
to
save money?

Getting ride of the $.01 is a "no brainer."

But if you get ride of the $.05 but keep the $.10 and the $.25 you run into
problems. Say, for example, something costs $.10 (a "legal" amount) and
you pay with a $.25.

Like it or not, the $.05 and the $.10 will have to go or stay together. It
will take another round of inflation before the $.10 is considered to be
"junk."

Per Harry K:
I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.

Ah well, never underestimate the stupidity of beuracracy!

When I saw them on TV, I though "geeze, they seem to be another quarter-look
alike".

My guess is that it's not so much stupidity as how our government makes many if
not most decisions: they listen to the people with money, i.e. businesses - who,
I'm guessing, wouldn't want to have to deal with another coin size.

I agree with you: it's doomed by virtue of it's size.
--
PeteCresswell

Per Rick Brandt:
Is it a problem for you that a one dollar bill is the same size as a fifty?

Actually, it seems tb a problem for a *lot* of foreign visitors who can't
imagine a monetary convention where all bills are not only the same size, but
have identical coloring and similar graphic shapes/placement. I've been hearing
stories from/about new arrivals on that subject since I was a kid.

For residents who are used to this, it's still not comparable. A U.S. bill of
any denomination is over fifteen times larger than a quarter coin and all that
area is occupied by bill-unique graphics. And *still* lifelong citizens
complain about the lack of distinctiveness in bills - especially older ones.

The color might help the new coin. But, lacking a size diff, I'd opine that it
needs at least a different shape - like hexagonal or something... anything to
make a tactile distinction - in order to have a chance with us unwashed masses.

Now if they could come up with a Dolly Parton dollar..... -)
--
PeteCresswell

Per Toller:

Why the hell don't they get rid of pennies and maybe nickles if they want to
save money?

I can say why I'd object to their doing it: price increases.

No retail price is going to be rounded down to the nearest denomination. They'll
all be rounded up.
--
PeteCresswell

AL wrote:

The problem is there is no need for a dollar coin since we already have
a dollar bill. The idea was obviously conceived by the US Department
of Redundancy Department...

Since a dollar is now small change, I like using dollar coins, and
the post office machines now return them as change from your $10. We
just returned from Ecuador, which uses the US dollar and doesn't have
there own currency. The Sacajawea coins are worn thin there, not like
the pristine ones here. Haven't seen the new ones yet, but I thought
the old ones were just fine.

Dave

AL wrote:


The problem is there is no need for a dollar coin since we already
have a dollar bill. The idea was obviously conceived by the US
Department of Redundancy Department...


At the risk of coining a new phrase, "It's about the money."

Dollar bills are the creation of, and owned by, the Federal Reserve System.
Coins are produced by the Bureau of the Mint.

HUGE difference.

Coins are government specie - when the government mints coins, they are
minting money. When the Fed prints a dollar bill, they are producing a
promise to pay. Not the same thing at all.

All the coins produced by the mint are new, free, money that the government
can spend without borrowing. Not so with paper.

Mike Hartigan wrote:
Stupid like a fox! (or something like that) The Mint has become a
profit center by issuing coins that are 'different' than the
traditional penny, nickel, dime, and quarter, thereby creating a
whole new generation of numismatists (I think that's another word for
'coin collectors'). Witness the state quarters, the new nickels, and
the dollars (3x). People are 'buying' these coins and stashing them
away, meaning that the mint can produce them in quantities far
exceeding what they would have produced normally, and pocket the
profit.

True

In the past, anytime the Mint needed a quick budgetary fix,
they simply cranked out a few million $2 bills. Now they're doing it
with coins. It's not unlike the Post Office printing 'collectible'
stamps that will never be used for postage - it's pure profit.

The "Mint" doesn't make paper money, the Federal Reserve does. None of the
paper currency produced by the Fed affects the federal budget in any way
whatsoever. The Fed is a separate organization from the government. It is a
government corporation, similar in structure to the Boy Scouts or the Red
Cross.


Now, what were you saying about a the stupidity of beuracracy (sic)?

On Feb 18, 7:39 pm, "Rick Brandt" wrote:
Harry K wrote:
Remember the Susan B Anthony and Sacajawea coins? Well the dumb *&)s
did it again. I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.

Ah well, never underestimate the stupidity of beuracracy!

Harry K

Is it a problem for you that a one dollar bill is the same size as a fifty?

The same problem as coins you can't tell by size. You have to look at
them each and every time. Now you can't do much about paper bills as
they will all feel the same no matter the denomination but there is no
reason the dollar coin couldn't be made enough bigger than the quarter
to be told by size. Say about 1/2 way between the quarter and 50cent
coin. You could sort coins by denomination in your pocket by feel up
until the dollar coin.

Harry K

On Feb 19, 6:03 am, "(PeteCresswell)" wrote:
Per Rick Brandt:

Is it a problem for you that a one dollar bill is the same size as a fifty?

Actually, it seems tb a problem for a *lot* of foreign visitors who can't
imagine a monetary convention where all bills are not only the same size, but
have identical coloring and similar graphic shapes/placement. I've been hearing
stories from/about new arrivals on that subject since I was a kid.

For residents who are used to this, it's still not comparable. A U.S. bill of
any denomination is over fifteen times larger than a quarter coin and all that
area is occupied by bill-unique graphics. And *still* lifelong citizens
complain about the lack of distinctiveness in bills - especially older ones.

The color might help the new coin. But, lacking a size diff, I'd opine that it
needs at least a different shape - like hexagonal or something... anything to
make a tactile distinction - in order to have a chance with us unwashed masses.

Now if they could come up with a Dolly Parton dollar..... -)
--
PeteCresswell

Now _that_ I would be for. Might be a problem keeping it to a
reasonable size though.

Harry K

John Gilmer wrote:
Better yet, let's dump pennies and the dollar bill.


Not so fast there!

The "Penny Dump" is LONG overdue. Because of the extra effort when making
change it $.01 piece is a drag on the economy.

The law should require that transactions be "rounded up" to the nearest $.05
unless the seller decides on a different policy. That way, when you get
change you don't get your cents.

Wouldn't rounding up OR down to the nearest 5 cents be fairer? .03 and
..04 UP, .01 and .02 DOWN.

I haven't heard a valid argument for the US keeping the penny coin for
quite a while. From what I have heard, the mint makes more penny coins
than the total of all the other denominations of coins because so many
pennies go out of circulation for a variety of reasons.

Legislation to eliminate the penny is proposed every few years and
doesn't pass. I'd bet it's because of strong lobbying by the mint
worker's union and the metal suppliers. And maybe by some charitable
organizations too, I've heard they feel many folks will toss all the
pennies they have on them into a collection jar, and they feel they will
get less overall donations if pennies aren't around.

Jeff



--
Jeffry Wisnia
(W1BSV + Brass Rat '57 EE)
The speed of light is 1.8*10^12 furlongs per fortnight.

On Feb 18, 9:27 pm, AL wrote:
Rick Brandt wrote:
Harry K wrote:

Remember the Susan B Anthony and Sacajawea coins? Well the dumb *&)s
did it again. I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.

Ah well, never underestimate the stupidity of beuracracy!

Harry K

Is it a problem for you that a one dollar bill is the same size as a fifty?

The problem is there is no need for a dollar coin since we already have
a dollar bill. The idea was obviously conceived by the US Department
of Redundancy Department...

AL- Hide quoted text -

- Show quoted text -

The idea has been to do away with the dollar bill ever since a dollar
coin was proposed. I even saw an article somewhere prior to the
release of this one pointing out that use of the coin will not be
really accepted until they just quit producing a dollar bill. I guess
it just goes to show more of their stupidity.

Harry K

HeyBub wrote:
AL wrote:

The problem is there is no need for a dollar coin since we already
have a dollar bill. The idea was obviously conceived by the US
Department of Redundancy Department...


At the risk of coining a new phrase, "It's about the money."

Dollar bills are the creation of, and owned by, the Federal Reserve System.
Coins are produced by the Bureau of the Mint.

HUGE difference.

Coins are government specie - when the government mints coins, they are
minting money. When the Fed prints a dollar bill, they are producing a
promise to pay. Not the same thing at all.

All the coins produced by the mint are new, free, money that the government
can spend without borrowing. Not so with paper.



It's pretty much an academic distinction. As long as someone is willing to
accept the representation of value it matters not what backs up the perceived
value. In the days when coins were made of silver and gold, they had a value
distinct from the pretty pictures upon them. Now that they're all made of
dross, a coin isn't much different from a piece of paper. In a few cases it
actually costs more than the defined value to produce the coin (1 cent being
a case in point).

"Harry K" wrote in message
ups.com...

The same problem as coins you can't tell by size. You have to look at
them each and every time. Now you can't do much about paper bills as
they will all feel the same no matter the denomination but there is no
reason the dollar coin couldn't be made enough bigger than the quarter
to be told by size.

There is, actually: It would then be necessary to change every vending
machine in order to get it to accept the new size.

A penny and a dime are almost the same size, too, but they're easy to tell
apart because a dime has a rough edge and a penny has a smooth edge. At
least the new dollar coins have smooth edges.

On Feb 18, 8:02 pm, Steve wrote:
"Harry K" wrote in news:1171855415.659773.41620
@v33g2000cwv.googlegroups.com:

Remember the Susan B Anthony and Sacajawea coins? Well the dumb *&)s
did it again. I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.

Ah well, never underestimate the stupidity of beuracracy!

Vending machine and coin-counter companies spent gobs of money making
their machines accept the size and weight of a dollar coin. I don't
expect the government to change those lightly.

The real problem is that the "dumb *&)s" won't quit printing the dollar
bills -- or pennies.

I used to work for Brink's armored car. Every time a new bill design
comes out, they have a fire drill getting the bill counters updated with
the new specs. It's non-trivial.

True about the vending machines. Has no bearing on it though.
Remember they had to do the same thing to get them to accept the old
dollar coins.

If they ever expect the public to use the new ones, they are going to
have to do away with the dollar bill.

Harry K

Per Edwin Pawlowski:
Better yet, let's dump pennies and the dollar bill.

Don't dump them, make them the new dollar coin


I like it...
--
PeteCresswell

Jeff Wisnia wrote:
...

Wouldn't rounding up OR down to the nearest 5 cents be fairer? .03 and
.04 UP, .01 and .02 DOWN.

Just leave it up to the seller. Competition will take care of it.


I haven't heard a valid argument for the US keeping the penny coin for
quite a while. From what I have heard, the mint makes more penny coins
than the total of all the other denominations of coins because so many
pennies go out of circulation for a variety of reasons.

Legislation to eliminate the penny is proposed every few years and
doesn't pass. I'd bet it's because of strong lobbying by the mint
worker's union and the metal suppliers. And maybe by some charitable
organizations too,

I have heard that some charities have complained. It seems a little bit
of a stretch these days.

However I often hear people objecting because they think it will
increase prices. The think all those 1.97 items will become 2.00. I say
fat chance. The only reason they are now 1.97 is to make it seem cheaper.

I've heard they feel many folks will toss all the
pennies they have on them into a collection jar, and they feel they
will get less overall donations if pennies aren't around.

Jeff

--
Joseph Meehan

Dia 's Muire duit

On Feb 18, 10:23 pm, "Harry K" wrote:
Remember the Susan B Anthony and Sacajawea coins? Well the dumb *&)s
did it again. I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.

Ah well, never underestimate the stupidity of beuracracy!

Harry K

Who cares? I can't remember the last time I used cash for anything.
I'm not even sure I have ANY cash in my wallet. Do people really still
use cash for anything anymore? I doubt I've handled cash in over a
year. Where are you going and what are you buying for which you need
cash? After all, credit cards are free, they give you cash back, and
you can pay your balance in full once a month right online. Why on
earth would anyone NOT use them for everything?

"HeyBub" writes:
The "Mint" doesn't make paper money, the Federal Reserve does. None of the
paper currency produced by the Fed affects the federal budget in any way
whatsoever. The Fed is a separate organization from the government. It is a
government corporation, similar in structure to the Boy Scouts or the Red
Cross.

Look for information about the Bureau of Engraving and
Printing, a division of the Department of the Treasury.

Joseph Meehan wrote:

Jeff Wisnia wrote:
..

Wouldn't rounding up OR down to the nearest 5 cents be fairer? .03 and
.04 UP, .01 and .02 DOWN.


Just leave it up to the seller. Competition will take care of it.


I haven't heard a valid argument for the US keeping the penny coin for
quite a while. From what I have heard, the mint makes more penny coins
than the total of all the other denominations of coins because so many
pennies go out of circulation for a variety of reasons.

Legislation to eliminate the penny is proposed every few years and
doesn't pass. I'd bet it's because of strong lobbying by the mint
worker's union and the metal suppliers. And maybe by some charitable
organizations too,


I have heard that some charities have complained. It seems a little bit
of a stretch these days.

However I often hear people objecting because they think it will
increase prices. The think all those 1.97 items will become 2.00. I say
fat chance. The only reason they are now 1.97 is to make it seem cheaper.

Doesn't matter by the time you get done with sales tax added on. Anyone
still have 3%?


I've heard they feel many folks will toss all the
pennies they have on them into a collection jar, and they feel they
will get less overall donations if pennies aren't around.

Jeff

On Mon, 19 Feb 2007 08:26:35 -0500, "John Gilmer"
wrote:



Why the hell don't they get rid of pennies and maybe nickles if they want
to
save money?

Getting ride of the $.01 is a "no brainer."

But if you get ride of the $.05 but keep the $.10 and the $.25 you run into
problems. Say, for example, something costs $.10 (a "legal" amount) and
you pay with a $.25.

Like it or not, the $.05 and the $.10 will have to go or stay together. It
will take another round of inflation before the $.10 is considered to be
"junk."

Dimes are currently the densest coinage available, which makes them
a good choice for caches and emergency kits.

"Elmo" wrote in message
...
HeyBub wrote:
(snip)
.. In a few cases it
actually costs more than the defined value to produce the coin (1 cent
being
a case in point).
I thought they fixed that when they went to the flash-plated zinc
pseudo-pennies a few years back? Or has the dollar sagged so far, and/or
zinc gone up so much, that the metal value is over a cent again?

aem sends....

wrote in message
oups.com...
On Feb 18, 10:23 pm, "Harry K" wrote:
Remember the Susan B Anthony and Sacajawea coins? Well the dumb *&)s
did it again. I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.

Ah well, never underestimate the stupidity of beuracracy!

Harry K

Who cares? I can't remember the last time I used cash for anything.
I'm not even sure I have ANY cash in my wallet. Do people really still
use cash for anything anymore? I doubt I've handled cash in over a
year. Where are you going and what are you buying for which you need
cash? After all, credit cards are free, they give you cash back, and
you can pay your balance in full once a month right online. Why on
earth would anyone NOT use them for everything?

They don't take plastic at yard sales, or lotsa other places normal people
shop. And normal people get irritated as hell when somebody ahead of them in
line uses plastic for a 2 dollar purchase, at a retailer that doesn't have
one of those whiz-bang customer operated terminals. There will always be a
need for cash.

aem sends....

On Feb 19, 1:18 pm, wrote:
wrote in message

oups.com...





On Feb 18, 10:23 pm, "Harry K" wrote:
Remember the Susan B Anthony and Sacajawea coins? Well the dumb *&)s
did it again. I just got some of the new dollar coins and again they
are almost identical in size to a quarter. Close enough that you have
to look to be sure. Seems to me the idiots were puzzled when people
didn't use the old dollar coins. They didn't listen apparently when
told that the major objection was the size, too close to a quarter.

Ah well, never underestimate the stupidity of beuracracy!

Harry K

Who cares? I can't remember the last time I used cash for anything.
I'm not even sure I have ANY cash in my wallet. Do people really still
use cash for anything anymore? I doubt I've handled cash in over a
year. Where are you going and what are you buying for which you need
cash? After all, credit cards are free, they give you cash back, and
you can pay your balance in full once a month right online. Why on
earth would anyone NOT use them for everything?

They don't take plastic at yard sales, or lotsa other places normal people
shop. And normal people get irritated as hell when somebody ahead of them in
line uses plastic for a 2 dollar purchase, at a retailer that doesn't have
one of those whiz-bang customer operated terminals. There will always be a
need for cash.

aem sends....- Hide quoted text -

- Show quoted text -

Hmm, I actually DO take plastic at my yard sales, since I am a self-
employed merchant, but I guess most people don't. However, since I
rarely shop for anything at all, either new or used, I can't say I
visit garage sales all that much. I guess since I'm not much of a
"consumer" I must not be normal. And, as far as "normal" goes, I can't
say that there are any places I shop without the "whiz-bang"
terminals. I rarely make offline purchases anywhere except the grocery
store, WalMart, restaurants, the post office, and gas stations, and
they all have the "whiz-bang" stuff, and it's MUCH faster to swipe a
$2 purchase than to deal with bills and coins. That way, I don't
irritate you "normal" people. I live in the boonies, not a big city,
and I rarely see anyone else use money either. II don't know what
you're talking about when you say there's a need for cash. Frankly,
since I get at least $700/year in cash back from my credit card
issuer, I can't afford NOT to use cards for everything. As always,
however, YMMV.

On Mon, 19 Feb 2007 08:08:37 -0500, "John Gilmer"
wrote:



Better yet, let's dump pennies and the dollar bill.

Not so fast there!

The "Penny Dump" is LONG overdue. Because of the extra effort when making
change it $.01 piece is a drag on the economy.

The law should require that transactions be "rounded up" to the nearest $.05
unless the seller decides on a different policy. That way, when you get
change you don't get your cents.


For reasons of fairness, that should be "rounded" rather than "rounded
up".

If the US gets another round of inflation, the "next step" would be to get
rid of the $.05 and $.10.

But bring in the $1.00 "token" (as it doesn't contain silver or gold) coin
while we still have the $.01 piece a mistake.

Do you know that
when we made a good decision to dump the half penny it was worth about 20¢
in today's money? Let's lighten our pockets and get rid of the nickel
and
quarter also and re-issue a smaller 50¢ piece and a $5.00 coin making the
$10.00 our smallest bill and the dime the smallest coin. Then those
$19.95
deals will become $19.90. (or $19.9) :-)

Good thinking.

--
Mark Lloyd
http://notstupid.laughingsquid.com

"Unlike biological evolution. 'intelligent design' is
not a genuine scientific theory and, therefore, has
no place in the curriculum of our nation's public
school classes." -- Ted Kennedy