Congress To Push More Accursed Dollar Coins???
A Commentary by J. D. Longstreet
***************
Some in the US government are, once again, hell-bent on replacing
the dollar bill with a dollar coin. All the while they have warehouses
piled high with sacks of brand new, never circulated, dollar coins with
Sacagawea on them. (Not to mention the stacks and stacks of dollar
coins with President's faces on them ... and others.) You remember
Sacagawea... the Shoshone Indian woman who accompanied the Lewis and
Clark expedition. Boy that was a bust! But it gets worse.
Funny thing was -- we men told Congress they could issue all the dollar coins they wanted,
but we simply would not use them and there'd be the added expense of
storage for the cussed things. They went ahead, issued the coin, every
one rushed out and got one coin each as a collector's item -- and that
was it. Millions of them never made it into circulation because there
was zero demand for them. All those vending machines made to take
dollar coins instead of dollar bills, or smaller denomination coins,
just sat idle.
The government just kept pumping the things out
at Treasury and now the taxpayers have to pay the tab to store the
cussed things.
Oh, that was not the first dumb dollar coin move,
either. There was the Susan B. Anthony dollar coin minted from
1979–1981, and again in 1999. In my opinion, the coin was
just plain butt-ugly and, as it turns out, it was the most unpopular
coin in US history. Last I heard, there are salt mines stacked with
bags of the "Susies" also being stored at taxpayers expense.
“Given
the substantial, growing inventory of $1 coins, it is clear that the
minting of hundreds of millions of additional $1 coins over the next
several years is not necessary and is not an effective use of taxpayer
dollars,” Deputy Treasury Secretary Neal S. Wolin said in announcing a
halt to dollar coin production in 2011. Read more here:
http://www.charlotteobserver.com/2012/08/17/3461896/small-change-lawmakers-push-dollar.html#storylink=cpy
Here's
the thing: The government knows so much better what is good for us
"peons" that they are considering taking all dollar bills out of
circulation and replacing them with those hated dollar coins. That'll
show us, huh? No, I am not kidding!
It hasn't been that long ago
that the NFM (Non-Fox Media) was making fun of a few state legislators
who had introduced legislation in their respective state legislatures
for their states to print the state's own legal tender! Maybe they were
on to something, what?
Now, I kind of like ole John Adams, primarily because he was an irascible ole cuss and
hell on wheels when he had decided on a course of action. I am drawn
to that type of personality. BUT. I don't like ole John enough to
carry metal slugs -- with his, or any other person's, image impressed
upon them -- as dead weight in my pants' pockets! And the day is well
past when men, I mean REAL men, carry change purses around with them --
except, of course, as a defensive weapon. (Most now use a roll of
quarters in a sock as a weapon in lieu of the change purse. It's more
"manly," don't you see?)
The continued dollar coin folly of the
US government is NOT a failure to communicate. It is, in fact, a
failure of the government to pay any attention to what you and I are
communicating TO them!
WE DON'T WANT ANY MORE DOLLAR COINS! We HATE the accursed things!
And
it is not JUST the private citizen's dislike of the heavy coins,
"retailers, on the other hand, say replacing the dollar bill completely
would carry a high transition cost. They’d have to adapt cash registers,
change money-transportation procedures, and reprogram coin
dispensers," said Jeff Lenard, a spokesman for the National Association
of Convenience Stores. Read more here: http://www.charlotteobserver.com/2012/08/17/3461896/small-change-lawmakers-push-dollar.html#storylink=cpy
Look.
Our northern neighbors in Maple Leaf Country may LOVE their "Loonies"
(Canadian dollar coins) but, take a good look Congress, we are not
Canadians!
Now that America has a socialist dictator and at
least one half of the Congress is socialist and we now have a
"centralized authority" as a government rather than a constitutional
representative republic, we can be sure we will be looked after --
whether we want to be or not! So, we can expect to see more dollar
coins within a few short months or years.
Many Americans will
lay claim to one of the new coins, ASAP, and we'll lock it away as a
keepsake, and then the coins will begin piling up at Treasury until they
lease more space in the salt mines or warehouses to store them, too --
at taxpayer expense, of course.
If the government is stupid
enough to take the dollar bill out of circulation, there will be hell to
pay and I don't mean paying with dollar coins either. This is the sort
of dumb maneuver that ends political careers.
So -- why, with all
the problems assailing the US these days did I choose this "minor"
irritation on which to comment? Because it is emblematic of the
"dumb-ass" decisions our government has been making for decades now.
The mess we are in today is the result of a culmination of all those little dumb-a, uh, unwise decisions.
They add up. Eventually the bill comes due, sometimes as a balloon
note. That's sort of where we are today. We have this huge balloon
note due and we have no money to pay it. We're effectively, and REALLY, broke.
So, yes. The dollar coin decision is an important part of all of this. We have to hold the government accountable. If we don't pay close attention, heck, they might begin paying our debts by printing worthless paper money!
Say WHAT???
© J. D. Longstreet
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment