Free Republic

Over at TPM, Ryan Reilly has an intriguing post about the interest of some tea partiers for a new circulating dollar coin because it supposedly will save the federal government money.  This follows a story in the Huffington Post from a week ago about how Rep. David Schweikert (R-AZ) introduced a bill that would eliminate the dollar bill and substitute dollar coins.Here's some very personal and U.S. history about the dollar coin and why this is a terrible idea that is really nothing more than a corporate subsidy.Congress in the late 1990s mandated that the U.S. Mint create a new circulating...

APDollar Coins Missing 'In God We Trust' Wednesday March 7, 12:51 pm ET By Joann Loviglio, Associated Press Writer U.S. Mint Says Unknown Number of New One Dollar Coins Missing 'In God We Trust' Inscription PHILADELPHIA (AP) -- An unknown number of new George Washington dollar coins were mistakenly struck without their edge inscriptions, including "In God We Trust," and made it past inspectors and into circulation, the U.S. Mint said Wednesday. In this undated photo released by Professional Coin Grading Service, a George Washington dollar coin missing the edge inscription is shown. The properly struck dollar coins, bearing the...