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Old October 22nd 03, 03:40 AM
Joe Fischer
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On 21 Oct 2003 espam (WinWinscenario) wrote:

Somebody wrote:
I think a lobbyist representing a broad coalition of industries and
organizations would be even better.


I understand one of the main lobbying forces on the other side is Crane Paper.
Their two Senators do everything they can to make sure that the $1 bill is not
eliminated.
Regards, Tom


Do you have a voting record or other reference that
suggests that?

Does anyone know if a bill ever being up for vote in
either the house or the senate that required elimination of
the one dollar bill?

I think the American people would have something to
say about it being eliminated, while I play the post office
slot machine by buying only one stamp with a $20, I would
fight tooth and nails to keep the dollar bill.
I will make a concession though, if all congressmen
and senators will refund their salary to reduce the debt.

Any suggestion that dollar coins would save the
government and the taxpayers a lot of money is bogus,
it is a shallow idea, because it ignores all the time, effort
and money that would have to be spent hauling the dollar
coins around.

The deficit for this year is going to be about $1500
per man, woman and child in the United States, and even
if the $500 million figure is correct for the cost of replaced
dollar bills, it pales in comparison (it would be $2 per person).

Money, expecially coins, must be designed for utility,
and used where needed.
The cost of production should not affect a desision
on whether to use a coin of a bill.

There were a number of things wrong with the
methods used in introducimg the SAC. The idea of
a different color may have been useful, except a
tarnished SAC looks like a large cent.
The subtle suggestion that it is a "golden dollar'
is too much like a con game.
The idea of paying for TV advertising was not
justified.
The size is not ideal, and it was a mistake to
try to salvage the use of the SBA.

The coin industry has the coins it needs, which
is the primary object of a dollar coin. The mint should
be satisfied that it provided the coins that commerce
needed. Do all the money saving in Washington, DC
and let the people decide what form of money they want,
even if they have to buy the dollar bills.

I challenge anybody to prove that each person
wears out more than ten $1 bills per year, which would
cost a lot less to print than the bogus figures floating
around.

I just read in AWST that the average Japanese
airline pilot salary is 30 million Yen ($271,000), thank
goodness we don't have to use numbers that large.

Joe Fischer

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