US Comems to change

[QUOTTE]
On September 21 legislation was introduced by Republican members of congress that could have a major impact on U.S. commemorative coin programs. If passed and ultimately enacted into law, such legislation would require that any funds raised by such coins beyond the cost to recoup production expenses would go toward deficit reduction rather than allow a portion to go towards private nonprofit groups that currently receive a surcharge from the sale of such coins.[/QUOTE]

http://www.coinweek.com/commemorati...ims-to-change-u-s-commemorative-coin-program/

 

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Somebody hates the Lion's Club. Gawd.

 

I like Eric Jordan's take on things........

 

Personally, I like it. These are US coins, we are broke, why shouldn't the money pay off the deficit? Also, the groups should be happy they are recognized on an official US coin. If I were a member of such a group, I would be happy with the recognition.

Also, maybe this will cut down on special interests in coin legislation and let us concentrate on national items of importance to commemorate.

 

Mostly I agree with your last point. As far as the debt, that is only a problem if the inflation that it might cause is worse than the economic fallout of not spending government money

 

http://www.hyenascomedynightclub.com/

 

Wait, what? Are you serious?

 

what I stated is 100% fact, not opinion.

 

Actually, it must be an opinion, because you said "...that is only a problem if...". It might have been fact had you wrote that you don't have a problem if... Because I can think of several scenarios that fit within your conditions that I would have a problem with, so your statement is either opinion, or it is false.

 

Id like to see them make a Crazy Horse Memorial coin with 100% of the profits to go directly to the completion of the memorial. It is being built now with only private donations. Honorably, they wont take a dime from the government on this project, so this would be actual private dollars going to the cause! I'd love to see it completed in my lifetime. Other than that, they can keep the change!

 

Wait a minute! Is this a case of the government taketh away, then giveth, then taketh away? The modern commem program was started to raise funds for organizations or projects the government did not want to fund. The fact that a small percent went to charity was the only way I could stomach the prices charged by the mint. Now we want to keep the “donations” rather than pay fair taxes. Greed is never ending!

 

I didn't know John Maynard Keynes posted here...

 

Regularly and it works.

 

The folks at the Crazy Horse Memorial can contract this work out to a private mint at any time they want. (Maybe Daniel Carr could take it on??) There are literally hundreds of qualified Mints that could undertake this project. There are even more advertising companies which could handle a National Advertising Campaign. Those same advertisers could contact TPG's and possibly get them slabbed and graded for bulk sales.

The possibilities are only limited to the organization which is over seeing the Crazy Horse Monument which is a remarkable piece of art!

I would love to see it completed in my lifetime but unfortunately, the Native American Indian simply does not garner the support from the US Government or the American Public that other projects do.

Maybe the folks at Crazy Horse could solicit support from some of the local reservation gaming establishments in and around South Dakota?

 

The original commemorative coin program was rife with phoney causes. One coin in particular commemorated an event which didn't even occur. I can't remember the coin but I do remember that this was the reason the original program was stopped.

As for today's modern commem's? Meh! I don;t understand half of whats being commemorated anyway.

Organizations which need the paltry funding that these programs injest into their coffers should be able to come of with viable methods of raising funds on their own without employing and tying up the resources of the United States Government.

 

Cincinnati Music Center (1936).......http://www.coinweek.com/coin-guide/...e/1936-cincinnati-musical-center-half-dollar/

 

Oh pleeeeese, lets keep the politics out of it...........

 

eh - the government can not go broke ad is not a business.

 

How we gonna do that when we're talking about a piece of legislation?

 

Difficult indeed, but if we stick to the legislation (and not opinion) we might succeed..........