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<p>[QUOTE="Ed Zak, post: 12793, member: 824"]Don't say we can have both! <span style="color: red"><b>Your average Wal-Mart shopper can't handle it</b>.</span> Shoot, there is a huge number of the populus that actually believes that <span style="color: orange"><b>SAC</b></span> coins are <u>made </u> of gold and worth more than...well, a $1! Hence, they are hoarded and end up in dresser drawers like the <b>IKE</b> and <b>SBA</b>. Remember when the bureau of engraving spent $20 million dollars just explaining changes to the $20 bill so the public wouldn't freak out? If dollar bills ($1) were discontinued for coins, people would freak just the same...but they would get over it and move on. That's the only logical argument I can see NOT to replace $1 bill. </p><p><br /></p><p>What does it cost us tax payers to print and engrave $1 bills...$500 million per year for this paper currency with a distribution life no longer than a year and a half before they are pulled and destroyed. We all know that coins last 50 times longer. Gee, the return on the tax payers investment would make sense. 50 years against 18 months...let's see...makes too much sense!</p><p><br /></p><p>Okay, I'll admit it. I like dollar coins and think they would work IF the public didn't have a choice between coinage and the dollar bill. Put Lady Liberty on it, make it the color of a SAC with a size between a SAC and Kennedy and the world would be good. Don't get on to me about weight and all. Be honest, how often do you have more than four one dollar bills in your bill fold? If you do...<u>spend</u> them or <u>exchange</u> them for a $5 bill the next time you shop. Retailers are always looking for "ones" anyway. I always tip my breakfast eatery with SAC dollars whereby I am known as the "golden" tipper. They actually think they are getting more than what the SAC is worth. If it makes them feel good, so be it. It's funny watching a waitress show a SAC dollar to another thinking they struck gold.</p><p><br /></p><p>After all, we live in a day and age of debit/credit cards where it never fails for yours truly to end up behind some moran at the grocery store that pays for a box of cereal (in the "express" line mind you) with a check/credit/debit card. Sometimes, I wonder if people carry any cash/coins at all. But, my trials and tribulations in the express line is another story in this day and age of debits and credits. I thought that if he had some dollar coins in his pocket, I wouldn't have to wait for his check to be processed. [If I had dollars coins, I would be tempted to throw it people that pay for 30 items in the express line with a bogus check.]</p><p><br /></p><p>I travel a lot, and I have a weakness for carbonated drinks. Sure enough, I find a vending machine and the next thing I am doing is "ironing" out my paper dollars (since a 20 ounce bottle costs around $1.50 in most hotels). Afterwards, my hope is that the machine doesn't spit back the dollar at you. We all been there and thought: "I folded that last corner perfectly...it should take this time."</p><p><br /></p><p>Canada and Europe pulled their paper $1 bills. People grumbled at first, but now it works like a charm and saved millions for their tax payers. Sure, they spend the saved money elsewhere for their socialistic programs, but it did and does work well.</p><p><br /></p><p>Before I read the next post...I am <b>not </b> going after the $2, $5, $10, $20, or $100 paper bills. Matter of fact, they should discontinue the $2 bill altogether (my opinion) as most of use like numbers divisible by 5. <b>I am just going after the paper dollar bill...ONLY.</b></p><p><br /></p><p>Let's pick out a design (many I saw posted at this site were beautiful and would work just fine), and use it for YEARS to come...not a run of 5 or 10 years...but for the next 50 years like coinage should be designed.</p><p><br /></p><p>Okay...those are my thoughts, why have a paper dollar bill when a dollar coin would work better (my opinion). What a country![/QUOTE]</p><p><br /></p>
[QUOTE="Ed Zak, post: 12793, member: 824"]Don't say we can have both! [COLOR=red][B]Your average Wal-Mart shopper can't handle it[/B].[/COLOR] Shoot, there is a huge number of the populus that actually believes that [COLOR=orange][B]SAC[/B][/COLOR] coins are [U]made [/U] of gold and worth more than...well, a $1! Hence, they are hoarded and end up in dresser drawers like the [B]IKE[/B] and [B]SBA[/B]. Remember when the bureau of engraving spent $20 million dollars just explaining changes to the $20 bill so the public wouldn't freak out? If dollar bills ($1) were discontinued for coins, people would freak just the same...but they would get over it and move on. That's the only logical argument I can see NOT to replace $1 bill. What does it cost us tax payers to print and engrave $1 bills...$500 million per year for this paper currency with a distribution life no longer than a year and a half before they are pulled and destroyed. We all know that coins last 50 times longer. Gee, the return on the tax payers investment would make sense. 50 years against 18 months...let's see...makes too much sense! Okay, I'll admit it. I like dollar coins and think they would work IF the public didn't have a choice between coinage and the dollar bill. Put Lady Liberty on it, make it the color of a SAC with a size between a SAC and Kennedy and the world would be good. Don't get on to me about weight and all. Be honest, how often do you have more than four one dollar bills in your bill fold? If you do...[U]spend[/U] them or [U]exchange[/U] them for a $5 bill the next time you shop. Retailers are always looking for "ones" anyway. I always tip my breakfast eatery with SAC dollars whereby I am known as the "golden" tipper. They actually think they are getting more than what the SAC is worth. If it makes them feel good, so be it. It's funny watching a waitress show a SAC dollar to another thinking they struck gold. After all, we live in a day and age of debit/credit cards where it never fails for yours truly to end up behind some moran at the grocery store that pays for a box of cereal (in the "express" line mind you) with a check/credit/debit card. Sometimes, I wonder if people carry any cash/coins at all. But, my trials and tribulations in the express line is another story in this day and age of debits and credits. I thought that if he had some dollar coins in his pocket, I wouldn't have to wait for his check to be processed. [If I had dollars coins, I would be tempted to throw it people that pay for 30 items in the express line with a bogus check.] I travel a lot, and I have a weakness for carbonated drinks. Sure enough, I find a vending machine and the next thing I am doing is "ironing" out my paper dollars (since a 20 ounce bottle costs around $1.50 in most hotels). Afterwards, my hope is that the machine doesn't spit back the dollar at you. We all been there and thought: "I folded that last corner perfectly...it should take this time." Canada and Europe pulled their paper $1 bills. People grumbled at first, but now it works like a charm and saved millions for their tax payers. Sure, they spend the saved money elsewhere for their socialistic programs, but it did and does work well. Before I read the next post...I am [B]not [/B] going after the $2, $5, $10, $20, or $100 paper bills. Matter of fact, they should discontinue the $2 bill altogether (my opinion) as most of use like numbers divisible by 5. [B]I am just going after the paper dollar bill...ONLY.[/B] Let's pick out a design (many I saw posted at this site were beautiful and would work just fine), and use it for YEARS to come...not a run of 5 or 10 years...but for the next 50 years like coinage should be designed. Okay...those are my thoughts, why have a paper dollar bill when a dollar coin would work better (my opinion). What a country![/QUOTE]
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Justify why we need the $1 paper bill instead of a dollar coin!
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