After We Get Rid Of The Dollar Bill, We Should Move On To The Penny And Nickel Next
Replacing dollar bills with dollar coins is an obnoxious idea, if only because coins don’t work well in most wallets. Yet, this would seem to be a strong argument in favor of the practice.
Congressional auditors say doing away with dollar bills entirely and replacing them with dollar coins could save taxpayers some $4.4 billion over the next 30 years.
When you’re broke, it doesn’t make a lot of sense to waste 4.4 billion dollars on a minor preference. However, if you really want to see some news about our coins that will make your eyebrows raise, take a look at this.
Rep. Steve Stivers, R-Ohio, said a penny costs more than 2 cents to make and a nickel costs more than 11 cents to make. Moving to multiplated steel for coins would save the government nearly $200 million a year, he said.
Imagine the stupidity required to produce coinage that costs twice as much to make as it’s worth spread across every level of government and it’s easy to see why the country is such a wreck.
1) Our own government chides those of us who pay taxes for being greedy because we don’t want to give the politicians even more of our money to do things...Read More
In but a few hours I’ll be headed to Chicago’s O’Hare airport to wing my way to sunny Cancun to
Former Florida Congressman Allen West wants a full investigation into what he considers the political firings of several high-ranking officers
It’s not as if government sector positions are getting paid far more than their public sector counterparts, so, hey, let’s