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  #41  
Old 07-22-2010, 01:56 PM
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Shreadvector Shreadvector is offline
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Quote:
Originally Posted by tbzep
I went to the forum. I saw no proof that everyone had rather use dollar coins than bills. I know this much. I have never been given dollar coins as change when purchasing an item at any location in the US in my life. That includes about 15 states. I did get a couple of loonies in Canada, though.


You made the statement "No, just the whole idea of DOLLAR COINS.... which have been rejected time and time and time again by the public who DOES NOT want to use the darn things! BUT some people just can't take a hint... "

And I said this was false. I have engaged in similar discussions with others in the past who seem to use imprecise wording for the arguments they are trying to make or who mis-interpret the words being used in response. It is like banging one's head into a wall and I really don't want to play your silly game.

I never said that you would find "proof that everyone had rather use dollar coins than bills". That is a lie intended to bait me into arguing and simply points out how discussing this with you is futile.

There are lots of facts about how coins circulate or do not circulate as well as production figures and figures about demand from banks and businesses from the Federal Reserve system. There is also discussion from folks in Canada, Europe, New Zealand and Australia who are amazed at how stupid the American public is when it comes to rounding of cash transactions (to eliminate the one cent coin), and perceptions about one and two dollar coins (Euro in Euroland). There are numerous GAO reports on the web. There are the annual Mint reports with the "barriers to circulation" detailed.

There are success stories from various markets where there is heavier usage of dollar coins. (Lots of use in coin op laundry, food service vending machines, transit systems, parking lot payment machines, self serve car washes, Amusement, etc.)

Three of the big facts almost universally agreed upon (and in the "barriers to circulation" reports) are:
1) Continued production of the one dollar note (everyone else simply stopped printing low value "paper").
2) Merchants do not order them on their own and thus the viscous cycle since most average consumers get small denominations in change rather than going to a bank to get them.
3) Banks refusing to order them and stock them for customers as "normal" money.

The Mint can't control number 1 as that would reauire a legislative change. They can halp with 2 and 3 and have programs in place to help in a limited fashion. There are pilot programs to get small cities to particiapate in increased us of dollar coins, as well as the Military. And for those who can't get them from their banks, there is the free direct ship program. Zero fees, zero postage.

Then there is seignorage for dollar coins, which is a profit, as opposed to the interest paid to borrow money when a Federal Reserve Note is issued.

http://www.usmint.gov/mint_programs...n=RemoveBarrier

http://www.usmint.gov/pressroom/ind...release&ID=1144


http://archive.gao.gov/d24t8/141579.pdf
http://archive.gao.gov/d37t11/148644.pdf
http://archive.gao.gov/t2pbat1/154661.pdf
http://www.gao.gov/new.items/d03206.pdf
http://www.gao.gov/archive/2000/gg00092.pdf


http://www.smalldollars.com/

http://www.smalldollars.com/dollar/page37.html

http://www.usmint.gov/mint_programs...$1CoinMaterials

http://www.usmint.gov/downloads/min...5_Mint_AAA1.pdf

http://forums.wheresgeorge.com/showthread.php?t=108808

http://www.retirethepenny.org/

http://www.frbservices.org/operatio...y/new_coin.html

http://disneyparks.disney.go.com/bl...t-disney-world/

http://www.youtube.com/watch?v=Svc3emGXk3I&NR=1

http://www.youtube.com/watch?v=PdAH...feature=related

http://www.youtube.com/watch?v=gOqJNkeaSoY
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  #42  
Old 07-22-2010, 02:08 PM
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The above is more evidence that Americans just aren't "with it".
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  #43  
Old 07-22-2010, 02:20 PM
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And now for something completely different:

http://www.comedycentral.com/videos...tle=ass-pennies
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  #44  
Old 07-22-2010, 03:56 PM
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I usually stack pennies on a place where some passing kids can find them. Sometimes they act like they found $100 bill!
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  #45  
Old 07-22-2010, 05:02 PM
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Quote:
Originally Posted by Doug Sams

Y'all are right that they're hardly worth the effort - can one financially justify the work and effort required to bend over and pick up a penny from the sidewalk? - but I still use 'em like I did 40 years ago

Doug

.

With my bad back I cannot justify bending over for just a penny - so when I see one on the sidewalk I drop a couple quarters on top.
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  #46  
Old 07-22-2010, 06:01 PM
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tbzep tbzep is offline
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Quote:
Originally Posted by Shreadvector
You made the statement "No, just the whole idea of DOLLAR COINS.... which have been rejected time and time and time again by the public who DOES NOT want to use the darn things! BUT some people just can't take a hint... "


It's time to give you a little dose of your own medicine...
NO. YOU ARE WRONG. Luke Strawwalker made that statement.


I have no idea what you are trying to prove here. Most of this stuff goes right along with me saying that coin dollars have been rejected by the public.
Quote:
While most of these countries have substituted a coin for their paper dollar equivalents in the past 20 years, the Ameri- can attempt to put the Susan B. Anthony dollar coin into circulation in 1979 was a failure.


Quote:
GAO’S interviews with general public and specialized focus groups indicated that public reaction would be skeptical. These groups uniformly believed that if a dollar coin and a dollar note were both available, the public would choose to use the note.


As usual you like to get all ticky tacky with grammar or any other minute little detail you can find to correct or belittle somebody or prove them wrong. The links you provided are on par with what I said. If I didn't say it in the correct format, too bad.

As for why I said it, you decided to get your panties in a wad because Luke said he didn't like the dollar coin and you decided to read into it that he was bashing the French and the Statue of Liberty. Whether it was in jest or seriously, I don't really care.
Quote:
Wow, you find the Statue of Liberty "stupid". How patriotic of you. Is this because it came from France? (I wish I could legally post the Boeing video "It came from France" which was a funny anti-A380 bit.)


I think it's time for the ignore list.
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  #47  
Old 07-24-2010, 01:54 PM
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Quote:
Originally Posted by ghrocketman
Fred-
I really like that graphic you attached for getting rid of pennies.
Those coins have been a nuisance since some time in the late 70's.
When you have to have a JAR FULL to purchase a taco or double cheeseburger, they are an obsolete waste of perfectly good copper (now copper plated zinc since 1982) that should be recalled.


Agree totally, GH...

Dollar coins are JUST AS STUPID an idea as pennies, though!!!!

Yes, I know some people are just IN LOVE with the stupid things, though...

For folks that support dollar coins, just look at the history of them-- NOBODY WILL USE THE STUPID THINGS!!!! Susan B. Anthony, Sacajawea, whatever, they come out to all kinds of hoopla, and PRESTO! NOBODY is impressed and things just sit around gathering dust until they're retired... IF dollar coins were an option PEOPLE IN GENERAL (instead of a few weirdos) actually wanted, then the first two releases would have been wildly successful and they'd be in general circulation NOW and people would quit using GREENBACKS smaller than fives...

Sorry to burst some folk's bubbles, but that's just the way it is!

I tell you something else that's about five kinds of stupid... that rediculous .009 on the end of gas prices... a moronic holdover from when gasoline was 6 CENTS a gallon! Pricing gasoline at $2.389 or $3.159 or other astonishingly stupid stuff is downright rediculous.

When gas hit $5 a gallon a few years back, most of the service stations in Texas just dropped the 9 tenths of a penny off the end of their prices and ROUNDED UP. Everybody liked it, nobody complained, and everything was cool... but somebody in the GUBBMINT didn't like it and threatened to get the attorney general to land on em with both feet if they didn't go back to the stupid 9 tenths of a penny on the end of every gallon of gasoline's price, so within a month it was right back to whatever-9 a gallon... HOW INCREDIBLY IGNORANT... I think if I ran a gas station, I'd make all my prices end in 2--- $2.382 or $3.152-- bet that'd give somebody a STROKE!

Oh well... another stick on the blazing inferno of stupidity that goes on in this country.... OL JR
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  #48  
Old 07-24-2010, 04:24 PM
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Jerry Irvine Jerry Irvine is offline
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Quote:
Originally Posted by Shreadvector
Then there is seignorage for dollar coins, which is a profit, as opposed to the interest paid to borrow money when a Federal Reserve Note is issued.

That is an excellent argument in favor of paper money. The government has to think twice before creating it. I am strongly in favor of that.

Your advocacy of dollar coins for purposes other than the boutique uses they are well suited for (change in large ticket vending machines), such as regional park admission fee payments, are more of a hassle generator than a coin advocacy. If you intentionally annoy people who give and receive dollar coins, they will be used even less than organically required by utility.

The majority of created money these days is electronic, not physical, BTW. Virtually any dollar coin problem could be solved better by a micro-payment solution using existing ATM and pre-paid debit cards.

All of these factors will simply make your wacky coin and currency business have higher margins over time as they become more scarce. I urge you to hoard them now while you still can.

Jerry
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  #49  
Old 09-27-2011, 07:38 PM
Dannycolossus Dannycolossus is offline
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Quote:
Originally Posted by Cohetero-negro
Fred,

If there is one thing that I admire about America, its our Defense industries.

I drive a Kia, but if I want air-to-air superiority, give me a Northrop F-22 over a Mig/Su anything!

I want the most efficient cost effective passenger plane in the world, give me the Boeing Dreamliner!

We have the best tanks, missiles, UAVs, Subs, Space Warfare on the planet ... just really dumb generals and politicians ruining it.

One might say, Dunbar, you consider yourself smarter then a 4 star general, how flippant and arrogant of you! To that I say, yes in the regards that if I ran the military, I would KILL the enemy. See this modern pseudo warfare of the last 60 years is stupid. In past wars, entire populations were destroyed and razed to the ground ... that and that alone is how you properly wage a campaign against your fellow man:

You kill him, bed his wives, and kill his children... why?

Kill him - that is obvious
Bed his wives - to have new children so that new populations are loyal to you
Kill his children - because if you don't, 12 - 20 years later they grow up to slit your throat in the middle of the night while you sleep.

Today, we wage wars based on 'popular opinion' and what is in the best interests of the people profiting from sales or arms and goods. To put it bluntly, there hasn't been a good war since 1945!

One might way, well we are better than that now ... we need political solutions instead of hostilities ... that is the thinking of a FOOL. People will continue to kill one another until the end of our species. Freedom comes at a continual cost, plain and simple. And evil does from time to time take on human form.

If I were placed in charge of the war in Afghanistan it would be over in less than a month; and yes hundreds of thousands , millions of men, women and children would be dead. Oh Dunbar, you are such a heartless ******* and cruel. Yes. But the point is that if you are willing to fund a military and take the lives of another human being, age and sex shouldn't be a factor ... a human life is a human life no matter what the situation.

This is why I love the battles of the Old Testament, Hannibal against the Romans (Hannibal and his men in one day by their own hands, would KILL 100,000+ Roman soldiers ... think about that ... 8 hours of sun light and in that time, that many deaths by spear, bow, sword, arrow, and hand ... now THAT is warfare! Not the press of a button, or a fire-and-forget missile, but when you have to look the other person in the eyes and take his life in the process ... that is impressive)!

Point I am trying to make: we are chicken-sh*% when it comes to fighting. Instead of quick and decisive victories, wars drag on for decades:

We are still officially at war with North Korea

Afghan is not winnable (Russians failed, British Failed, Mughals failed ... ) with this tepid strategy we are now using. The land has been a constant battle field for the last 2000 years! Unless we go in and kill every man, woman, and child, it will NEVER be winnable so why are we there? What is the REAL reason? I will leave that up to the reader of this posting to figure out. Oh, here is a nice link detailing the centuries of wars in that country:

http://en.wikipedia.org/wiki/History_of_Afghanistan

I look at it this way, an intruder comes into my house, I am shooting at the head and the chest. I am NOT trying to wound him/her or scare them. I need to use total force to protect myself, my wife, my family, my territory. As cold and heartless as it sounds, that is my method of operation. Maybe you are not so resolved, and neither are our policy makes, news media, and generals. And that and that alone is why we are still at war with N. Korea, lost in Vietnam, and will lose in Afghanistan. Notice how we won in Iraq when we decided to kill kill kill. Oh, the 'shock and awe' showed GPS munitions falling in precise locations, but in reality hundreds of thousands of Iraqi citizens died (http://en.wikipedia.org/wiki/Casualties_of_the_Iraq_War)

See in order to TRULY defeat your enemy, you must be will to TRULY KILL the enemy (men, women, children).

And Fred, I really respect the products your company creates! Like I said, I want the best military our tax dollars can buy! Now if we can only find the best leaders and generals to go along with it.

Jonathan




Just when I thought the Sontarans were wiped out (anyone else get it?) I can understand to an extent why people try to wage a war without completely destroying an entire population, but trying to be pollitically correct against folks who would strap a bomb on their 5 year old daughter is just rediculous. sorry for ressurecting this post, but I have had it up to here with hearing about how, instead of shooting the bad guys, we try to talk to them, give them money, and then they just use it against us. and it makes no sense why, when we could invest in more usefull items, we build 20 fighter jets, fly 3 and scrap the batch after a few years.
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  #50  
Old 09-28-2011, 02:16 PM
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Quote:
Originally Posted by Dannycolossus
Just when I thought the Sontarans were wiped out (anyone else get it?) I can understand to an extent why people try to wage a war without completely destroying an entire population, but trying to be pollitically correct against folks who would strap a bomb on their 5 year old daughter is just rediculous. sorry for ressurecting this post, but I have had it up to here with hearing about how, instead of shooting the bad guys, we try to talk to them, give them money, and then they just use it against us. and it makes no sense why, when we could invest in more usefull items, we build 20 fighter jets, fly 3 and scrap the batch after a few years.


AMEN to that!!!!

Bumper sticker I agree with 100%--

"Everything I need to know about Islam I learned on 9-11"

Later! OL JR
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