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Call for change: Lawmakers push bill to switch to $1 coin
FoxNews.com ^ | 3/22/2012 | na

Posted on 03/23/2012 12:47:05 PM PDT by Ron C.

Capitol Hill lawmakers want to change the color of money amid growing concerns about the federal deficit and the constant pressure for Washington to live within its means.

The House and Senate each have introduced legislation that would replace the dollar bill with a $1 coin.

“Change can be difficult,” Sen. Mike Enzi, R-Wyo., said. “But doing things as we’ve always done has contributed to our debt. We've got to latch on to any reasonable handhold we can find to climb out of this hole.”

This is not the first time Washington has considered eliminating the paper dollar, which became part of the U.S. currency during the Lincoln administration in the early 1860s.

The Government Accountability Office has examined the issue five times over the past two decades as a way to help reduce government spending, each time concluding the switch would save from roughly $200 million to $500 million, said Enzi.

(Excerpt) Read more at foxnews.com ...


TOPICS: Editorial; Extended News; Government; News/Current Events
KEYWORDS: coins; congress4inflation; congress4themselves; congressvsamerica; currency; money; stupidity
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The problem these nitwits have is simple, the majority of Americans don't want to carry around more change in coins than they are forced to do now.

$1 coins will cost us much more - plus we already have over a billion bucks worth of $1 coins in vaults, and - without producing another single one, that number is expected to double over the next few years as more dollar coins already in circulation are handed back to banks in favor of light-weight paper bills.

These idiots know that $1 coins cost a huge amount of money to store... yet, they want to produce more, in spite of public preference.

Go to THIS LINK to tell these idiot GOP lawmakers to sit down and shut up - we don't need any more stinkin' one-dollar coins!

1 posted on 03/23/2012 12:47:19 PM PDT by Ron C.
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To: Ron C.

Maybe this is the “change” Obama was promising all that time...


2 posted on 03/23/2012 12:49:16 PM PDT by sthguard (The DNC theme song: "All You Need is Guv")
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To: Ron C.

Stupid gimmicks are no substitute for actual ideas.

SnakeDoc


3 posted on 03/23/2012 12:49:58 PM PDT by SnakeDoctor ("I've shot people I like more for less." -- Raylan Givens)
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To: Ron C.

I let them know. EVERY time they try to push $1.00 coins on us, the people utterly reject them.

More evidence that politicians don’t give a rat’s butt about what the people want.


4 posted on 03/23/2012 12:51:36 PM PDT by Owl558 ("Those who remember George Satayana are doomed to repeat him")
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To: Ron C.

“To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;”
US Constitution/Art 1 Sec 8
I guess YOU NEVER read the US Constitution DID YOU!


5 posted on 03/23/2012 12:51:36 PM PDT by US Navy Vet (Go Packers! Go Rockies! Go Boston Bruins! See, I'm "Diverse"!)
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To: Ron C.

Don’t worry about it, Ron. Very shortly the dollar will have so little value that people will be using 25 pound sacks of these things as door stops.


6 posted on 03/23/2012 12:52:11 PM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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To: sthguard

Change you can believe in... until the Dollar falls more in value.


7 posted on 03/23/2012 12:52:27 PM PDT by MichaelNewton
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To: SnakeDoctor
LOL

Ya got that right!

They strain at a gnat and swallow a camel. They BLOW 500 mil on nonsense nearly every day in Congress!

8 posted on 03/23/2012 12:52:55 PM PDT by Ron C.
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To: sthguard

Obama “change” - another LOL!


9 posted on 03/23/2012 12:54:07 PM PDT by Ron C.
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To: Ron C.

Indeed.

Do these people have ANYTHING in their heads except air?

How many friggin’ times are they going to put out a dollar coin and have people overwhelmingly make it clear that they HATE the things before they get the message?


10 posted on 03/23/2012 12:54:24 PM PDT by Pravious
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To: Pravious

maybe we could put Obama on one side and Biden on the other and call it the American Loonie?


11 posted on 03/23/2012 12:55:54 PM PDT by Buckeye McFrog
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To: Ron C.

I hate $1 bills. They clutter up my wallet and aren’t worth jack.

Give me a coin any time. I’d rather have four quarters than a stinking $1 bill. Bring on the $5 coin too.


12 posted on 03/23/2012 12:55:58 PM PDT by green iguana
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To: US Navy Vet

Yes, I’ve read the constitution many times. But nowhere does it say that government should ignore the will of the people.


13 posted on 03/23/2012 12:55:58 PM PDT by Ron C.
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To: Pravious

they will put his face on it too, I bet.


14 posted on 03/23/2012 12:56:40 PM PDT by DirtyPigpen
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To: Owl558

Attention Nudie Bar Strippers:

You are about to either double your income, or receive some horrendous chafing and nickel rash.

I’m not sure which.


15 posted on 03/23/2012 12:57:39 PM PDT by Buckeye McFrog
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To: green iguana
"Give me a coin any time."

I'd much rather have 10 one-dollar bills 'cluttering' my pocket that 10 coins. The weight is quite different.

16 posted on 03/23/2012 12:59:19 PM PDT by Ron C.
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To: Ron C.

When the UK introduced the 1 pound coin they simply stopped printing the 1 pound notes.


17 posted on 03/23/2012 12:59:33 PM PDT by FewsOrange
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To: Buckeye McFrog

They can put the dollar coin in the “slot”.


18 posted on 03/23/2012 1:00:08 PM PDT by Publius (Tagline for rent. Reasonable rates.)
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To: Ron C.

I don’t know about that.

I also hate to carry change so as soon as I come in the house I download my pocket change into a # 10 can.

OK, so I’m lazy. When it’s full I take in down to Coinstar and pour it all in. Then I treat myself to something nice.

Adding in $1 coins will make that payout even bigger.

I also keep a stash of coins in my dash box. Use it to get Pepsi and peanuts while on the road.

I don’t see the problem - and it would last longer than a number of replacement paper bills.


19 posted on 03/23/2012 1:02:08 PM PDT by PeteB570 ( Islam is the sea in which the Terrorist Shark swims. The deeper the sea the larger the shark.)
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To: US Navy Vet

they work for us, if we don’t like the way they coin the money they shouldn’t do it. Over and over again we’ve rejected dollar coins, with good reason metal money sucks. They should stop trying to foist it off on us.


20 posted on 03/23/2012 1:02:36 PM PDT by discostu (I did it 35 minutes ago)
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To: Ron C.

The English one pound coin works just fine. The problem is, I don’t trust the U.S. Government to design something that’s sufficiently different from current coinage that it’ll be easy to determine what you have ahold of when you’re fishing around in your pocket. The current coins are too close in size to a quarter. All it takes is a little intellect and some common sense in design, which is... of course... why I’m doubtful that the feds will be able to pull it off.


21 posted on 03/23/2012 1:03:11 PM PDT by ArmstedFragg (hoaxy dopey changey)
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To: Ron C.

I would support the Reagan Dollar.


22 posted on 03/23/2012 1:03:58 PM PDT by Cowboy Bob (Greed + Envy = Liberalism)
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To: Ron C.
Once again these fools fail to appreciate any of the problems that they have created!

There is nothing wrong with a dollar bill as long it has worth. Because these morons have legislated us trillions of dollars in debt and have unconstitutionally created the Federal Reserve, allowing it to create money and money policy backed by whim, our currency is worthless.

Shifting from a dollar bill to a dollar coin will do nothing to change this. All it will do is inconvenience We The People with another politically correct worthless round of metal that will wear holes in our pockets.

If these political whores want to solve the problem, first restore worth to our currency. And it is simply done: Stop spending money you don't have. and; Pay the damn debts!

Here's how to do it; eliminate every government organization and program that is unconstitutional. After that the Federal Government could exist on tariffs.

23 posted on 03/23/2012 1:05:23 PM PDT by DakotaGator (Weep for the lost Republic! And keep your powder dry!!)
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To: MichaelNewton
"until the Dollar falls more in value."

I remember well my first car - when gas was .25 a gallon.

Last night I paid $60.20 for 14 gallons of gas - while back in those days I paid $3.50 for the same amount.

So much for the value of our buck today...

24 posted on 03/23/2012 1:06:40 PM PDT by Ron C.
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To: Ron C.

How many times have they tried this??

It doesn’t work. People do not want it.

Just more top-down command economy stuff


25 posted on 03/23/2012 1:06:44 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: Ron C.
They BLOW 500 mil on nonsense nearly every day in Congress!

Congress spends roughly $10 billion per day.

Nearly half of it borrowed or printed.

26 posted on 03/23/2012 1:07:22 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: Ron C.
$1.00 now is worth about the same as 25¢ in 1976. Back then a quarter wasn't considered a ridiculously high value coin.

My "rule" for top coin values is that you should be able to buy lunch for a couple of the largest value coins. That means we should have $2 coins already and be thinking about when the $5 will be replaced.

(P.S. dump the penny too. It is worth 5 seconds of a minimum wage earner's pay and that is below any reasonable round off amount).

27 posted on 03/23/2012 1:08:48 PM PDT by KarlInOhio (You only have three billion heartbeats in a lifetime.How many does the government claim as its own?)
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To: DakotaGator

bump


28 posted on 03/23/2012 1:09:35 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: Buckeye McFrog

AT least you spelled it right. heh


29 posted on 03/23/2012 1:09:56 PM PDT by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: Cowboy Bob
"the Reagan Dollar"

SO WOULD I! LOL - but that would REALLY outrage the libs! Heads would be exploding every 5 seconds!

30 posted on 03/23/2012 1:10:28 PM PDT by Ron C.
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To: Ron C.

Why not just declare toothpicks as $1 currency. Would have about as much meaning.


31 posted on 03/23/2012 1:11:41 PM PDT by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: Ron C.

The weight will be heavy. England has a coin similar to the value of our dollar and it’s thicker and heavier than their other coins and a pain to carry that weight. I have family in England and have carried these heavy coins in my numerous trips there, and hated them.

I am not for these $1 coins. How much is it going to cost the govn. to transport these coins as opposed to transporting very light $1 bills?


32 posted on 03/23/2012 1:11:41 PM PDT by Marcella (Vote Newt; Newt needs money)
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To: Ron C.
The problem these nitwits have is simple, the majority of Americans don't want to carry around more change in coins than they are forced to do now.

We've already got a coin equal to the value of a Federal Reserve Note paper "dollar" bill.

It's called a "nickel."


33 posted on 03/23/2012 1:12:03 PM PDT by archy (I'd give my right arm to be ambidextrous!)
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To: discostu
"Over and over again we’ve rejected dollar coins"

Yep - but what really angers me - this effing bid is coming from supposed Republicans!

34 posted on 03/23/2012 1:13:11 PM PDT by Ron C.
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To: Owl558

When they issue the coins they have to pull the paper , only way to do it.


35 posted on 03/23/2012 1:15:49 PM PDT by molson209
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To: KarlInOhio
"P.S. dump the penny too."

I'd go for that - but merchants would be outraged - they play in pennies all day with their pricing!

Worse than that - GAS STATIONS! - with their stupid 9 tens of a cent tacked onto the price of a gallon of gas!

36 posted on 03/23/2012 1:16:33 PM PDT by Ron C.
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To: Ron C.

Easy solution, stop printing paper dollars


37 posted on 03/23/2012 1:17:30 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: KoRn
Why not just declare toothpicks as $1 currency.

Biggest laugh on the thread! Trouble is, trees would really start disappearing ~grin~

38 posted on 03/23/2012 1:17:59 PM PDT by Ron C.
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To: Ron C.

Not only do we NOT need a $1 coin, we need to abolish the penny, nickel and dime now that inflation has rendered them of very little worth. The amount of time and energy spent counting change and preparing cash registers at every level of retail sales is a waste of valuable time and money.


39 posted on 03/23/2012 1:19:28 PM PDT by ElkGroveDan (My tagline is in the shop.)
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To: GeronL
"How many times have they tried this??"

Yes! And how many times have they tried to reign in government spending?? Sadly government still grows by leaps and bounds!

40 posted on 03/23/2012 1:20:53 PM PDT by Ron C.
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To: archy
'We've already got a coin equal to the value of a Federal Reserve Note paper "dollar" bill. It's called a "nickel."'

LOL - now THAT is the best laugher on the thread so far!

41 posted on 03/23/2012 1:23:26 PM PDT by Ron C.
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To: Ron C.
The House and Senate each have introduced legislation that would replace the dollar bill with a $1 coin.

They want us to get used to a devalued dollar by making it pocket change.

42 posted on 03/23/2012 1:23:55 PM PDT by EGPWS (Trust in God, question everyone else)
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To: Owl558

“The People” reject the dollar coin or the merchants reject it?


43 posted on 03/23/2012 1:25:10 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: ElkGroveDan
we need to abolish the penny, nickel and dime now that inflation has rendered them of very little worth.

Interesting choice of coins to eliminate. The last time the U.S. removed the lowest value coin was in 1857 when the half cent was eliminated. That coin would be worth 11¢ now, so the lowest coin remaining had a current value of 22¢.

44 posted on 03/23/2012 1:25:19 PM PDT by KarlInOhio (You only have three billion heartbeats in a lifetime.How many does the government claim as its own?)
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To: DuncanWaring

What we need to do is eliminate CONGRESS! Start all over again with part-time government that meets for a minimum of three months per year, and make them live in the district they supposedly represent the remaining 9 months a year!


45 posted on 03/23/2012 1:26:40 PM PDT by Ron C.
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To: Owl558

The difference is that this time they would STOP printing paper dollars and continue to remove them from circulation as they wear, as they do now. They have warehouses full of the Presidential dollars to start and may even have warehouses of Susan B. Anthony dollars and Sacajaweau? dollars. Unless they are complete idiots and try again to get us to use dollar coins without stopping the paper dollar. I think we’re on the verge of an inflationary trend that will cause us to not need pennies, nickles or dimes, just quarter and dollar coins and 5 dollar bills.


46 posted on 03/23/2012 1:28:18 PM PDT by duffee (NEWT 2012)
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To: Owl558

The difference is that this time they would STOP printing paper dollars and continue to remove them from circulation as they wear, as they do now. They have warehouses full of the Presidential dollars to start and may even have warehouses of Susan B. Anthony dollars and Sacajaweau? dollars. Unless they are complete idiots and try again to get us to use dollar coins without stopping the paper dollar. I think we’re on the verge of an inflationary trend that will cause us to not need pennies, nickles or dimes, just quarter and dollar coins and 5 dollar bills.


47 posted on 03/23/2012 1:28:29 PM PDT by duffee (NEWT 2012)
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To: KarlInOhio

I would argue that the majority of people will not even stop to pick a penny up off the ground. It’s not worth the effort or time.


48 posted on 03/23/2012 1:28:29 PM PDT by the_devils_advocate_666
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To: Ron C.
They're talking dollar coins and we're talking the trillions of dollars that we're in debt.

Damn...just damn

49 posted on 03/23/2012 1:30:05 PM PDT by Sacajaweau
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To: Ron C.
“Change can be difficult,” Sen. Mike Enzi, R-Wyo., said. “But doing things as we’ve always done has contributed to our debt. We've got to latch on to any reasonable handhold we can find to climb out of this hole.”

You want change, you patronizing, contemptuous RINO jerk? STOP SPENDING MONEY.

50 posted on 03/23/2012 1:31:48 PM PDT by Talisker (He who commands, must obey.)
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