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  • #46
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    and what good is the saving of the 4.4 if gov is just going to find a way to waste unless the saving will be passed right to the citizens?
  • #32
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    How about saving us money by not spending it in the first place when you don't have to? I'd like to know how much 4.4 billion is percentage wise compared to our 16 trillion dollar debt, probably not even 1 percent of it and that would be over 30 years from now where our debt will probably be more like 30 trillion. And 200 million probably isn't even half of a half a percent on 16 trillion dollars. How about proposed cuts that chips away at least 1 percent of 16 trillion dollars?
  • #21
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    One dollar bills are about all I can afford to carry. I hate carrying change around. So I would be forced to use my debit card for every purchase. I think this would be just one more step towards the government eliminating the currency system. This would take us closer to using debit cards all the time. If there is No cash, there is no untraceable crime, or person.
  • #11
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    Just think how many coins a g-string can hold up before it fails completely? Now that would make the strip clubs more interesting......LMAO
  • #29
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    @WilliamWallace
    Don't try going back in with fake glasses and a mustache because they see right through that.
  • #14
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    I one of the old timers everybody gets hacked at in the stores who does not use a debit card like they're trying to wear the numbers off of it. Don't even own one.
  • #18
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    @Rocker To each their own! I, for one, don't like the hassle of carrying cash, the chance of losing it and the having to go to a bank/check cashing place to get it. By the way, though not an "old timer", I am fast approaching 60 yrs old and consider auto deposit/withdrawals/payments a "boon" to mankind....but that's just me, a 21st century man!
  • #20
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    @Thunderchicken Same here. Pay very little to no interest on those cards (as I pay them off each billing cycle). Does wonders for your credit ratings, which, without a good ratings you pay more for anything you do buy on credit! Wonderful cash back bonuses....lol
  • #23
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    @stepped_in_it

    "Does wonders for your credit ratings"

    Amen! A bit of weirdness, our credit cards are in my sweetie's name and even though I sign the checks, her credit rating is higher than mine. And she doesn't have a job.???
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  • #58
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    So this would "save" 200 million a year? What will that do? Help buy a new toilet seat for the White House? The government wastes so much tax money, and lines their pockets with the rest, the idea of proposing this to "save money" is ridiculous.

    The real motive is to make it more uncomfortable to spend cash, since the 1 dollar bill is the most used denomination of currency for working class Americans. The more people use electronic means of currency, the easier it is to keep "watch" over your spending habits, etc. Oh Brave New World!
  • #19
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    This is a move from the government to keep people from tipping strippers with dollar bills. Coins in a G-string is a bad thing.
  • #37
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    It's about time strippers got paid more. They work so hard, they get you hard. Start giving them $2 bills and stop your whinning! The $1 coin is the first step toward helping the women who do the most for society. Wath now as all the folks who ised to support me raise hell, and those who always oppose me start voting me up...
  • #47
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    @jamie91 - of course, but now I can't figure out what to do with my wallet and clip there the paper used to be. Sooner or later they'll be antiques I guess - like the beer can opener, skeleton keys, etc
  • #5
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    EVERY bank and EVERY retail outlet and EVERY fast food chain and EVERY convenience store will have to change out EVERY change drawer in EVERY cash register. EVERY vending machine and EVERY change machine and EVERY ATM will have to be recaliburated.

    That's the main reason the Susan B. Anthony and the Sacagawea dollar coins failed.

    It was way too big a pain in the ass.

    In the end, YOU and I will pay for the "change" in higher overall costs.
  • #4
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    I like the fact that it saves billions, but is it really worth it if I have to carry coins in my wallet all of the time? Next they will take the 5 dollar bill, then the ten. I don't care what Republicans say, paper one dollar bills have been a part of the system for so long, that it would cost more for everybody else than it would them! Vending machines would have to change, and so would cashier drawers, and a lot of other etc.
  • #9
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    The only positive I can think of for carrying a wallet full of coins is that you can knock out the guy trying to steal your wallet. I don't think they thought this through. Either that, or they are working toward a totally plastic society. Watch out for that one.
  • #15
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    @Nat And the bad about a totally plastic society is? I have been over 95% free of "paper" money for over 15 years. Have had no problems. Love auto deposit and withdrawal. Most of my bills come via e-mail and have never had a problem with any of it! As a matter of fact, I "started" auto deposit in 1980 and hate having to stand in a bank line to "give" them my money. Please don't tell me you are one of the "every Friday", stand in line and get C A S H from the bank or (forbid) one of those "check" cashing places (that charge you for your money)?
  • #48
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    @Nat I have said for many years, the goverment goal is to do away with cash and the reason is very simple. They want to be able to track every dime spent soooooo, when you pay the boy 20 for mowing your yard, uncle thief will automaticly get his 20/20 %.
  • #57
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    @marine1 BINGO! They have even tried experimenting with RFID devices in paper money, but many people microwave their money to avoid the privacy issues.

    Cash is king and always will be. Only fools buy into the cashless system.
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  • #62
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    They may as well just print it on bubblegum wrappers, or toilet paper - that's what it will be worth in a few years - as they continue to deliberately debase the dollar.
  • #60
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    try keeping twenty of these, in your pocket. and see how long, you pockets last. any of you ever even tried, to carry one roll of quarters in your pocket? and the more they use metal, the more the price of metal is going to increase. i can just see, the price of nickel, chromium, vanadium and molybdimium used in steel going through the roof.
  • #59
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    The anti-coin attitude is typical American stupidity. Instead of facing reality, instead of admitting that other countries have successfully used larger value coins, the US sticks its cranium up its rectum and denies facts.
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    Coins last longer and cost less. That's reality whether idiots want to admit it or not.
  • #56
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    Everyone agrees we need to cut somewhere to save $$, but as soon as a proposal is made 50% scream & 50% support it, no matter what "it" is, talk about bipolar!
  • #55
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    The last time they tried this it didn't work, but they neglected to pull the one dollar bills and then there was that weird shape of the Susan B. So, if they do the coin right, same round shape and heavier weight than the quarter and get rid of the bills we will get used to it. And yes, for those that say dump the penny too, I agree.
  • #49
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    It's been tried more than once, it has failed more than once, so why are they even considering this? Who is really going to benefit? Not the people: women's purses will warp their shoulders, and men will have pockets full of dollar coins which will weigh their pants down and make them baggy (oh wait ... that's a style, isn't it?). Certainly not small business (seen as candidates for sainthood these days) who will have to make expensive changes to cash handling equipment like registers and cash drawers. This doesn't make sense to me.
  • #51
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    After reading another post, I'm now convinced that this is a diabolical plot on the part of strippers. All you cheap guys will have to come up with fives, tens and twenties to slip into their G-strings. ;-)
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