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re: John McCain and Mike Enzi Reintroduce The COINS Act To Kill The Penny and Move To $1 Coin
Posted on 3/30/17 at 1:50 pm to Al Bundy Bulldog
Posted on 3/30/17 at 1:50 pm to Al Bundy Bulldog
quote:
I visited Canada recently and like how they use $1 and $2 coins and dont have pennies and round up.
Same with Europe and the €1 and €2 coins. Like the metric system, this is one area where the U.S. is stubbornly clinging to an antiquated system.
0
Posted on 3/30/17 at 2:00 pm to Mo Jeaux
quote:
Histrionics are rarely helpful.
Neither is willful blindness.
Posted on 3/30/17 at 2:04 pm to Bench McElroy
So over 10 years we'd save a 1.5 billion just by making a fairly insignificant change to our currency, and some of y'all are against this? Are you sure y'all are the fiscal hawks you claim?
This post was edited on 3/30/17 at 2:05 pm
Posted on 3/30/17 at 2:14 pm to Draconian Sanctions
quote:
o over 10 years we'd save a 1.5 billion just by making a fairly insignificant change to our currency, and some of y'all are against this? Are you sure y'all are the fiscal hawks you claim
Planned Parenthood’s most recent annual report for 2011-2012, released Monday, reveals that the abortion and women’s health provider received $542.4 million from taxpayers in government grants and reimbursements — constituting 45 percent of the organization’s revenue.
At that rate, in 10 years, taxpayers could save much more than 1.5 billion. So I take it that you're about 5 times more enthusiastic about cutting that funding. Right?
Posted on 3/30/17 at 2:16 pm to Draconian Sanctions
I'm not against it. Go for it. I just think the optics are bad. I'm pro making my bed, but if my house is on fire the bed can wait
Posted on 3/30/17 at 2:34 pm to Bench McElroy
Agree with him 100% as does everybody who has ever traveled internationally.
First thing I've agreed with this cuck on in a while
First thing I've agreed with this cuck on in a while
This post was edited on 3/30/17 at 2:35 pm
Posted on 3/30/17 at 3:04 pm to Bench McElroy
quote:Same. It's practically worthless in the context of everyday cash transactions.
I like the idea of eliminating the penny
quote:Also agree. The savings are compelling and let's be honest, most people aren't walking around with too many singles on them these days anyway, but as someone who had to haul 1 and 2 euro coins around for a few years, I can tell you it's a pain in the arse.
I'm not too keen about replacing the dollar bill with the dollar coin
Posted on 3/30/17 at 3:08 pm to Bench McElroy
Another case of the gov't fixing problems that the gov't caused. We would still need the penny if not for the Federal Reserve and big gov't fricks like John McCain.
Posted on 3/30/17 at 3:09 pm to Dale51
quote:
Neither is willful blindness.
Posted on 3/30/17 at 3:09 pm to Bench McElroy
We should drop the penny and the nickel and add $1 and $2 coins
Posted on 3/30/17 at 3:13 pm to Navytiger74
quote:shite i like it. i don't want a $5 or $10 coin but 1s and 2s are nice.
Also agree. The savings are compelling and let's be honest, most people aren't walking around with too many singles on them these days anyway, but as someone who had to haul 1 and 2 euro coins around for a few years, I can tell you it's a pain in the arse.
same thing with pesos. pesos = the coolest looking currency IMO
Posted on 3/30/17 at 3:14 pm to crap4brain
Should of left him in Nam. Imagine if he had become president.
Posted on 3/30/17 at 3:16 pm to habanos
quote:well we wouldn't be complaining about his golfing habit
Imagine if he had become president.
Posted on 3/30/17 at 3:18 pm to DelU249
quote:I'm kind of indifferent because I don't carry/use much cash. In Stuttgart most local vendors and restaurants, etc didn't take credit or debit cards, so you typically found yourself with at least 4-5EU in coins. I change clinging around in my pock.
shite i like it. i don't want a $5 or $10 coin but 1s and 2s are nice. same thing with pesos. pesos = the coolest looking currency IMO
Pop quiz. How do strip clubs work in countries in which the small bills are coins?
Posted on 3/30/17 at 4:01 pm to Navytiger74
I'll answer that with a question
Did D&B steal it from them or did they steal it from D&B?
Did D&B steal it from them or did they steal it from D&B?
Posted on 3/30/17 at 5:13 pm to Bench McElroy
I guess you would have to make it hail instead of rain at the strip club.
Posted on 3/30/17 at 5:17 pm to Bench McElroy
quote:
Change can be hard sometimes, but switching to a dollar coin could make dollars hard too
Posted on 3/30/17 at 5:20 pm to Bench McElroy
quote:
It would just give people more incentive to use their debit/credit card for purchases instead of carrying around a bunch of coins.
thats what the goal is, they are trying to move to all card transaction so everything can be counted. taking away feeedom of private commerce. its already happening in europe, i would be interested to see what things are attached to this bill secretly to get passed with it under the guise of something else.
im leary of any legislation john mccain Pushes he alwayvs has ulterior motives.
they will tell you they need to do away with paper money and its to catch criminals because only criminals would want to use untraceable paper money.
but then what happens? you know longer have physical reputation even if the money is fiat.
not saying coins cant be eliminated but this is a step toward eliminating physical cash.
they have eliminated the copper and relevant metals over the last few decades making them worth far less than their counterparts from 50-100 years prior.
the price of making a penny is more than it is worth even with the minuscule amount of copper in it now.
so it is a debt driver that should be removed.
as well as the .99 deception used in retail.
Posted on 3/30/17 at 5:22 pm to Bench McElroy
quote:Yes, and?
It would just give people more incentive to use their debit/credit card for purchases instead of carrying around a bunch of coins.
Posted on 3/30/17 at 5:31 pm to Bench McElroy
quote:
It would just give people more incentive to use their debit/credit card for purchases instead of carrying around a bunch of coins
Carry this thought out a little further. Increased use of credit/debit cards would lead to increased profits from transaction fees that occur everytime you swipe your card. Walstreet banks would reap the benefits because they are the ones issuing the cards. This isn't about saving a few billion tax payer dollars, it's about delivering huge profits to your walstreet backers. John McCain can go frick himself. I'd rather have a pocket full of pennies than see him and his cronies profit.
Edit: look up the absurd amounts merchants have to pay per transaction.
This post was edited on 3/30/17 at 5:36 pm
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