I'm cool with that.
And I am serious about rotating these recognitions every decade or so. There have been many people who have made a profound impact our society.
I was wondering if "Hamilton" the musical would save Hamilton on the $10. Looks like it did.
Quote from: The Sultan of Sunshine on April 20, 2016, 11:10:35 AM
And I am serious about rotating these recognitions every decade or so. There have been many people who have made a profound impact our society.
Not a bad idea. Similar to the state quarters. Keep the bills consistent-looking but recognize a new historical figure every so often. I like it.
Then again, if they change the 100, what would Diddy by all about?
Quote from: MerrittsMustache on April 20, 2016, 11:26:40 AM
Then again, if they change the 100, what would Diddy by all about?
The Sacagaweas?
Quote from: The Sultan of Sunshine on April 20, 2016, 11:10:35 AM
I'm cool with that.
And I am serious about rotating these recognitions every decade or so. There have been many people who have made a profound impact our society.
Excellent idea. And Harriet Tubman is a nice place to start. Off the top of my head, people like Clara Barton and MLK could be on a short list, but there are many others.
Figured it might be Trump, hey?
I was just going to post about Tubman on the $20.
http://www.cnbc.com/2016/04/20/treasury-to-leave-hamilton-on-the-10-bill-put-tubman-on-20-politico.html
I think this is a good choice. Tubman certainly deserves to be revered. And Jackson shut down the nation's central bank, setting the country back, IMO. I've always wondered if Jackson was put on the $20 as a posthumous middle finger to him.
In any case, I'm glad they let Hamilton stay on the $10. As Ben Bernanke put it, Hamilton was the best and most foresighted economic policymaker in US history
http://www.brookings.edu/blogs/ben-bernanke/posts/2015/06/22-jack-lew-ten-dollar-bill
Headline: U.S. Treasury ousts Democratic Party founder from $20 bill for gun-toting Republican human smuggler.
Jackson's memorial rightfully is Johnny Horton's "Battle of New Orleans."
Quote from: jficke13 on April 20, 2016, 11:21:28 AM
I was wondering if "Hamilton" the musical would save Hamilton on the $10. Looks like it did.
His life story is so representative of this country also. An immigrant who used his smarts and worked hard to make an impact on American society.
Ironically, the penny and the $1 bill are two of the biggest wastes of taxpayer money. Get rid of those and frankly, I don't care who they put on the rest of my cash. Put Johnny Cash on the $100 bill for all I care.
Quote from: MU Fan in Connecticut on April 20, 2016, 02:00:28 PM
His life story is so representative of this country also. An immigrant who used his smarts and worked hard to make an impact on American society.
And they had already decided to remove Hamilton from the $10 and replace him with a woman. That was, of course, until Lin-Manuel Miranda and Hamilton became the biggest thing in trendy culture (full disclosure: I think it's great). LMM went down to D.C., hung out with Jack Lew, and presto-chango, Hamilton stays on the $10.
It was all LMM, Hamilton, and the fact that LMM was able to redirect the animus of the engaged culture to focus on replacing Jackson, not Hamilton, that Hamilton got to stay.
Quote from: jficke13 on April 20, 2016, 02:09:45 PM
And they had already decided to remove Hamilton from the $10 and replace him with a woman. That was, of course, until Lin-Manuel Miranda and Hamilton became the biggest thing in trendy culture (full disclosure: I think it's great). LMM went down to D.C., hung out with Jack Lew, and presto-chango, Hamilton stays on the $10.
It was all LMM, Hamilton, and the fact that LMM was able to redirect the animus of the engaged culture to focus on replacing Jackson, not Hamilton, that Hamilton got to stay.
Just goes to show that you put a bunch of government people in a room they will almost invariably make the wrong decision and then have to correct it when the masses recognize it for it's stupidity :)
I really like the idea of rotating honorariums on the currency every 5-10 years. I think Washington, Lincoln, Hamilton and Franklin are very deserving of being on currency but I don't know that they always have to be there. Maybe do something like Washington always on the $1, Lincoln, Jefferson, Hamilton, and Franklin rotating on the $5s and $10 then make the $20, 50, and $100 a rotation of notable Americans like Tubman, Stowe, MLK, etc.
Collectors would love it as well.
Quote from: mu03eng on April 20, 2016, 02:25:27 PM
I really like the idea of rotating honorariums on the currency every 5-10 years. I think Washington, Lincoln, Hamilton and Franklin are very deserving of being on currency but I don't know that they always have to be there. Maybe do something like Washington always on the $1, Lincoln, Jefferson, Hamilton, and Franklin rotating on the $5s and $10 then make the $20, 50, and $100 a rotation of notable Americans like Tubman, Stowe, MLK, etc.
Collectors would love it as well.
Even better, let's sell it to the highest bidder. Want Elvis on there? Better get that GoFundMe page going!
Quote from: warriorchick on April 20, 2016, 02:31:32 PM
Even better, let's sell it to the highest bidder. Want Elvis on there? Better get that GoFundMe page going!
If you crowdsource what goes on currency get ready for a Boaty McBoatface style hijacking. Imagine the possibilities haha
Quote from: jficke13 on April 20, 2016, 02:33:26 PM
If you crowdsource what goes on currency get ready for a Boaty McBoatface style hijacking. Imagine the possibilities haha
Make it a very limited run and people will collect them. A great way for the Fed to make money. Cost a few cents to make, and basically you are selling them for 20 bucks apiece.
Cool.
Quote from: Benny B on April 20, 2016, 02:02:59 PM
..... I don't care who they put on the rest of my cash. Put Johnny Cash on the $100 bill for all I care.
We only use those for blow, anyway.
Quote from: 4everwarriors on April 20, 2016, 12:56:49 PM
Figured it might be Trump, hey?
Maybe if he drops out of the race....
http://www.presidency.ucsb.edu/ws/?pid=15256
Quote from: The Sultan of Sunshine on April 20, 2016, 11:10:35 AM
I'm cool with that.
And I am serious about rotating these recognitions every decade or so. There have been many people who have made a profound impact our society.
Also keeps counterfeiters on their toes
(https://jveeds.files.wordpress.com/2015/06/jenner-10-bill-sm.jpg)
Cait's got next.
Quote from: Benny B on April 20, 2016, 02:02:59 PM
Ironically, the penny and the $1 bill are two of the biggest wastes of taxpayer money.
Agreed. Would love to see $1 coins that were actually widely accepted. We're just about getting to the point where we could do away with nickels too. I wouldn't mind seeing all prices just go to the nearest 10 cents ($1.10, $1.20, $1.30, etc.)
They are also planning updates to the reverse sides of the $5 and $10, honoring civil rights and women's movement leaders. Much better than picturing old buildings, IMO.
http://www.nytimes.com/2016/04/21/us/mlk-eleanor-roosevelt-susan-anthony.html?_r=0
As long as current POTUS is put on the $3 bill after he leaves office, I'll be happy.
Quote from: Coleman on April 20, 2016, 06:37:14 PM
Agreed. Would love to see $1 coins that were actually widely accepted. We're just about getting to the point where we could do away with nickels too. I wouldn't mind seeing all prices just go to the nearest 10 cents ($1.10, $1.20, $1.30, etc.)
They are also planning updates to the reverse sides of the $5 and $10, honoring civil rights and women's movement leaders. Much better than picturing old buildings, IMO.
http://www.nytimes.com/2016/04/21/us/mlk-eleanor-roosevelt-susan-anthony.html?_r=0
I don't think the State sales tax folks would like that, nor would most folks. Say you pay 1$ for coffee and the sales tax is 7%. Why should I have to pay an extra 3 cents in tax.
What is this, 1990? Who uses cash besides drug dealers and tax evaders?
Quote from: muwarrior69 on April 20, 2016, 09:01:15 PM
I don't think the State sales tax folks would like that, nor would most folks. Say you pay 1$ for coffee and the sales tax is 7%. Why should I have to pay an extra 3 cents in tax.
The state sales tax folks wouldn't care. They will get their money no matter what. It's the merchants that have to collect it that will have the problem.
I suppose if it were me, I'd have 3-4 untouchables on our currency at all times. Perhaps Washington, Jefferson and Lincoln for starters. The rest can rotate every 10-20 years. Is FDR on anything? Perhaps we're still a generation away from justifying a Reagan printing. Clearly non-Presidents are appropriate too. I personally think dumping Jackson is the right thing to do.
Quote from: mu03eng on April 20, 2016, 02:25:27 PM
I really like the idea of rotating honorariums on the currency every 5-10 years. I think Washington, Lincoln, Hamilton and Franklin are very deserving of being on currency but I don't know that they always have to be there. Maybe do something like Washington always on the $1, Lincoln, Jefferson, Hamilton, and Franklin rotating on the $5s and $10 then make the $20, 50, and $100 a rotation of notable Americans like Tubman, Stowe, MLK, etc.
Collectors would love it as well.
03eng - I think Washington on the $1.00 bill is the only one mandated by law. I read that somewhere?
Quote from: muwarrior69 on April 20, 2016, 09:01:15 PM
I don't think the State sales tax folks would like that, nor would most folks. Say you pay 1$ for coffee and the sales tax is 7%. Why should I have to pay an extra 3 cents in tax.
I'd really like the US to do what every other country in the world does and just bake sales tax into the price.
The coffee would just cost $1.10. 7% of that $1.10 would be sales tax and the merchant would keep the rest. You'd be happy because you're paying what the menu price actually says. Everyone wins.
FYI, one dollar today is equivalent to 10 cents in 1949. We would just be returning the currency basis (i.e., the purchasing power of the smallest unit of currency possible) we had then. We didn't need half or quarter pennies in 1949 (half cents were last minted in 1857), why do we need 1 cent or 5 cent pieces in 2016?
It would probably result in minor inflation on a one-time basis. But pros outweigh the cons.
Quote from: jsglow on April 21, 2016, 07:49:58 AM
I suppose if it were me, I'd have 3-4 untouchables on our currency at all times. Perhaps Washington, Jefferson and Lincoln for starters. The rest can rotate every 10-20 years. Is FDR on anything? Perhaps we're still a generation away from justifying a Reagan printing. Clearly non-Presidents are appropriate too. I personally think dumping Jackson is the right thing to do.
FDR is on the dime.
I'd be fine adding Reagan sometime after 2040. I think you need to give time for the person to become less political, which means most people who had emotional political feelings about him to have died as well. It also gives time for history to properly judge the President.
Obviously, this wasn't always done in the past. JFK was added to the half dollar two years after he died (assassinations might make it a bit different though). I just think it is smarter to stick with folks who aren't as politicaly divisive.
Quote from: Coleman on April 21, 2016, 09:20:56 AM
I'd really like the US to do what every other country in the world does and just bake sales tax into the price.
The coffee would just cost $1.10. 7% of that would be sales tax and the merchant would keep the rest. You'd be happy because you're paying what the menu price actually says. Everyone wins.
It would probably result in minor inflation on a one-time basis. But pros outweigh the cons.
Canada doesn't.
I like the fact a gun toting, strong woman will be on the $20. Great choice.
(http://14544-presscdn-0-64.pagely.netdna-cdn.com/wp-content/uploads/2016/04/Obama-adminstraton-says-pro-gun-Republican-Harriet-Tubman-to-grace-the-20-bill.png)
(https://pbs.twimg.com/media/Cgf7peVUsAAtkvl.jpg)
(https://pbs.twimg.com/media/CggbwxpUMAAckRN.jpg)
(http://www.gunssavelife.com/wp-content/uploads/2016/04/ht.jpg)
(http://www.theweeklings.com/wp-content/uploads/Mary_Fields-254x300.jpg)
(https://s-media-cache-ak0.pinimg.com/736x/48/7c/54/487c5429aa3281febf47fc95249e8971.jpg)
Why do we need people on our money at all? Personally, i'd rather see animals. A buck on a buck. A Muskie on a hundo.
Quote from: MU Fan in Connecticut on April 21, 2016, 07:51:32 AM
03eng - I think Washington on the $1.00 bill is the only one mandated by law. I read that somewhere?
Yep that's correct and why I left it....but I'm fine with changing that law if we want to.
I was hoping we would put motivational sayings
(http://quotesblog.net/wp-content/uploads/2015/06/hindsight-motivational-poster.jpg)
(https://www.askideas.com/media/32/You-Need-More-Of-It-Cowbell-Funny-Motivational-Poster.jpg)
(http://www.marcofolio.net/images/stories/fun/imagedump/demotivational_posters/envy.jpg)
Quote from: Coleman on April 20, 2016, 06:34:43 PM
Also keeps counterfeiters on their toes
I never understood this. If I'm a cashier and in the last 20 years there was rotation of 5 different twenty dollar bills, would I be able to spot the fake 6th bill?
Pretty sure it's law that Washington always gets preferred status. His face stuffed in g strings.
Quote from: Blackhat on April 20, 2016, 06:35:41 PM
(https://jveeds.files.wordpress.com/2015/06/jenner-10-bill-sm.jpg)
Cait's got next.
Hers is a story of undaunted courage in the face of incredible adversity.