Just announced Reagan on $10 Bill

So what do you think of Coin Worlds suggestion for a Reagan $2 coin?

 

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The response I have received is that most people want Reagan on our currency. I am not sure who "most" people are, so it is a little hard to argue that point.

My comment to that is that "most" people do not want taxes, but I see no elected official fighting for that cause.

I understand that we need taxes, so please don't forward the lecture on that point. It was just an example that what we want as a whole isn't always a good thing.

The elected leaders while trying to provide what we want, are also required to provide what we need. I believe that all of us know that because we want something, doesn't necessarily make it what we need.

As far as the founding fathers go, their idea that our currency should reflect America and its people is a good idea. No person living or dead can represent everyone. Liberty is the basis for all of us, and the country as a whole. Liberty goes beyond politics, race, creed, or religion.

Just because most people want something today, doesn't mean it will be wanted tomorrow. The first congress knew this. So here is my question.

Is today is more important than yesterday or tomorrow?

 

Egad, that bust of Reagan is from his inagural medal -- he looks like a prune!! Hopefully if the dime comes through (which I hope it does not) they will "touch up" Reagan a bit -- Hollywood style!!

 

Congress can abolish that rule by simple majority vote of both houses and a Bush signature.

 

Already in the works.

 

I have mixed emotions concerning this topic but at the moment I'm leaning toward leaving Alexander Hamilton on the $10 dollar bill and replacing U.S. Grant with Reagan on the $50.

 

Not to keep this thread going any longer then it already has (yikes!) I like the idea of putting RR on a new denomination (coin or paper). That Two Dollar Bi-medal is not bad. The portrait needs some tweaking but other wise I like. ND what are the chances of a new denomination be issued?

 

About the same as them putting me on the coin. Congress could certainly add another denomination, but that is pretty slim.

 

But unfortunately, those are also better odds than finally getting all these dead presidents off our money and ending the political squabbles about whom to honor once and for all. That's what commems are for.

 

That's funny

 

Here's an article from today's CNN/Money site on the state of the Reagan dime ("pretty much dead") and the Reagan $10 bill ("a real possibility of reaching a bipartisan consensus").

http://money.cnn.com/2004/06/22/news/reagandimedead/index.htm

Dymaxion

 

This is why dead presidents should not be on our money. They are engaging in petty politics --- threatening to replace at least half of all dimes with RR so they can get him on the $10 bill. Poor Hamilton -- shot by a Democrat and now buried by Republicans.

Since Franklin is the only non-president left on currency, the Demos will counter by putting Jimmy Carter on it. He'll be dead soon so they might as well get the process started.

 

I think Clinton will be next. Number 1 book on sale now. I hear that he gives the definition of "IS"

 

Ahhh, I see you were fooled too. He did in fact provide the definition of "IS" in chapter 5. However, if you read the defintion of the word "DEFINITION" in chapter 4 you would understand that it means "defining something unknown so that it becomes somewhat more known, but not so completely known as to become fact."

 

Why is everyone in such a damn hurry? We live with such immediate urges. To honor a man (beyond a nice funeral and recollections) with immediate acts that present us with the bounds of law is one more example of how pathetic our nation has become to have "instant gratification." I say forget the man. Then, if his deeds are recollected by history as those of an inspired individual, commemorate him, recall him. The spirit of greatness looms and is not forgotten, while the infatuations of partisan politics or personal assuations and the urgencies for the creation of modern heroes is nothing but sore examples of an iconoclastic society. There are many other well-deserving people who are more greatly remembered, as they have been so with the due tests of time. And what of Liberty, Columbia, or America and the vestiges that reside deeply in our American coinage?

Hoot

 

In an internet site by Barrons or Wall Street Journal or something similar they were discussing the possibility of ELIMINATING the $20 bill and making a new, $25 dollar bill with Reagan's bust on it. As crazy or as drastic as it may seem, they raised 2 key points:

1) Less paper saves money - They would have to produce fewer total bills and replace fewer total bills, saving the govt. millions every year.

2) Bigger bills mean more spending in the economy - If the midrange bill of choice was bumped up from 20 to 25, this would mean that consumers would carry around bigger bills and more total money which they could then spend and boost the economy.

They also stated that they would like to see Ronnie on a $15 bill (wtf?)

My personal opinion says we should either remove Kennedy from the half dollar piece (admit it, Kennedy doesnt deserve to be on a coin period), or make a $5 coin much in the image of the Canadian $2 coin with Reagan on the front and the Pentagon/Arlington Cemetary on the reverse.

 

FDR died in '45, he was on thre dime in '46. JFK died in '63, he was on the half in '64.

So, RR should be on the coin/currency in '05 to keep up with the other side.

 

Just because it happened before doesn't make it right or necessary to follow the example given.

 

Too late - the $10 is here already: