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I don't think Penney would describe himself as a Republican. I'm thinking more Independent.
Great idea. Just like the ill-advised Sacagewea dollar that failed miserably or the Susan B. Anthony dollar which both were massive finacnial failures by the US Mint that cost millions of dollars.
Also, Mr. Penny, you should know that the mint is experimenting right now with cheaper metals.
Dies cost a lot of money. Why is it that you politicians are so uninformed, yet dive in blindly with idiotic ideas?
Ready, fire, aim.
Go away, Mr. Wizard.
DUH Hey folks it is time to waKE up and start saving a billion here and a billion there, you know what it adds up to real money or maybe subtracts from the deficits, ever consider getting rid of the penney and saving that copper for other valuable projects?? How many pennies are sitting in jars in America?? Go to Australia, no pennies, the cash register round up or down and no pennies in change or in dishes on the counter!!!!! How simple it is, we don't need a currency Czar at $500K a year, just some people that can make a decision for the betterment of the USA!!!!
dollar coins wouldn't work at strip clubs very well.
Additionally, if the govt could make so much money switching from paper to coin dollars wouldn't it be a good idea to switch back and forth every other year?
I hate coins. I get them out of my purse every chance I get. They're too heavy. Don't you know a woman's purse is heavy enough? I will dump out $1 coins, too. This is a bad idea.
Sure people prefer paper over coins. But if we are serious about cutting the defecit, we should leave no option unexplored....but based on the comments on here, Americans are not serious.
How many times has this been attempted? And how many times have the citizenry rejected it? Maybe if the govt started minting dollar coins that weren't the same size and shape as a quarter, it might someday stand a chance. But don't try to sell this as a cost-saving measure. It's not.
Bring back the Eisenhower dollar. And, for that matter, the Eisenhower economy.
If they do it and actually want it to work this time they need to start pulling the paper bills out of circulation.
Tim Penny has always been irrelevant but now he has cast that role in stone. Why in the world has this man become the go to guy when the Strib wants to portray something as "sensible"? Give it up, Strib, Penny doesn't have the brains or energy to make a dollars worth of difference.
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