You people and your f%#@*&^ plastic. William McKinley, Grover Cleveland, James Madison, and Salmon P. Chase, where are you when we need you?!
Drago the Wolf
over $2,000 again on credit fraud. Of course she isn't going to pay
it, but its more trouble than its worth, from a credit card my mom did
NOT even have.
Gee..I wonder how bad it would be to carry around those few of those
more convenient, fraud proof $500 bills over a stupid credit card?
You are not necessarily going to get mugged. How many people do you
hear about getting mugged with an even more noticible wad of $100
bills, than a few $500 bills would be?
Now, honestly, do you REAAAAALLYY, want to go to a cashless society
with all of this fraud? And actually "think" about this question
before answering. I am almost 29 years old, and if I live a full
healthy life, I hope I NEVER, EVER see a cashless society before I
die. Wait for me to die, then you can have all of the credit, debit
and checks that you want, but, until then, reissue the $500, $1,000
and add a $200, as I will always preach.
Also, the game show "Let's Mak A Deal" is back on the air, so we now
need new $200, $500, $1,000, $5,000, $10,000 bills, and let's add $200
and $2,000 bills with it so that the new show can be the same as the
old version where they were actually giving out large bills as prizes
(I've seen a $5,000 bill being offered on the old Let's Make A Deal,
and the host said that the bank told him "Take good care of that
$5,000 bill. Its the only one on this side of the country") And
serioulsy, wouldn't it be exciting to go on a game show and win a
$10,000 bill? I sure would love it.
Bruce Remick
"Drago the Wolf" <malanu...@aol.com> wrote in message
news:15003bb5-459c-48d3...@d10g2000yqh.googlegroups.com...
>I guess its pointless to explain again, but, my mom is getting raped
> over $2,000 again on credit fraud. Of course she isn't going to pay
> it, but its more trouble than its worth, from a credit card my mom did
> NOT even have.
Of course getting robbed of $2,000 cash would involve much less paperwork.
>
> Gee..I wonder how bad it would be to carry around those few of those
> more convenient, fraud proof $500 bills over a stupid credit card?
Lose your stupid credit card, cancel it, and get a replacement. Lose your
$500 bill, you can put an ad in the local paper describing it and wait by
the phone.
>
> You are not necessarily going to get mugged. How many people do you
> hear about getting mugged with an even more noticible wad of $100
> bills, than a few $500 bills would be?
Unless you live in a very small town, you'll probably never read about
anyone getting mugged anymore, regardless of what they happened to be
carrying. Would a mugging be less painful if you were carrying a $1,000
bill rather than ten $100's? Or how about a credit card?
>
> Now, honestly, do you REAAAAALLYY, want to go to a cashless society
> with all of this fraud? And actually "think" about this question
> before answering. I am almost 29 years old, and if I live a full
> healthy life, I hope I NEVER, EVER see a cashless society before I
> die. Wait for me to die, then you can have all of the credit, debit
> and checks that you want, but, until then, reissue the $500, $1,000
> and add a $200, as I will always preach.
Sorry you seem to be exposed to so much fraud. And I'm glad you are able to
maintain a lifestyle that would make it more convenient for you to carry
$500 and $1,000 bills around instead of wads of useless $100's. If you're
29, I'd be more than glad to wait around for you to die a natural death, as
long as you could ensure that I would stay healthy during the wait. I hope
you don't really mean that we all can't use our credit cards or checks until
after you die. Please give the few of us who don't need $500 and $1,000
bills a break.
>
> Also, the game show "Let's Mak A Deal" is back on the air, so we now
> need new $200, $500, $1,000, $5,000, $10,000 bills, and let's add $200
> and $2,000 bills with it so that the new show can be the same as the
> old version where they were actually giving out large bills as prizes
> (I've seen a $5,000 bill being offered on the old Let's Make A Deal,
> and the host said that the bank told him "Take good care of that
> $5,000 bill. Its the only one on this side of the country") And
> serioulsy, wouldn't it be exciting to go on a game show and win a
> $10,000 bill? I sure would love it.
You're right. The return of Let's Make a Deal is one factor I hadn't
considered that should tip the balance toward reissue of $5,000 and $10,000
bills. I'll wait here while you compose another letter.
Drago the Wolf
>
>
> > Also, the game show "Let's Mak A Deal" is back on the air, so we now
> > need new $200, $500, $1,000, $5,000, $10,000 bills, and let's add $200
> > and $2,000 bills with it so that the new show can be the same as the
> > old version where they were actually giving out large bills as prizes
> > (I've seen a $5,000 bill being offered on the old Let's Make A Deal,
> > and the host said that the bank told him "Take good care of that
> > $5,000 bill. Its the only one on this side of the country") And
> > serioulsy, wouldn't it be exciting to go on a game show and win a
> > $10,000 bill? I sure would love it.
>
> You're right. The return of Let's Make a Deal is one factor I hadn't
> considered that should tip the balance toward reissue of $5,000 and $10,000
> bills. I'll wait here while you compose another letter.
The "Let's Make a Deal" part was actually a joke. I just said it to
see what other people would say. I know its no good reason to bring
back big bills.
winwin
> Of course getting robbed of $2,000 cash would involve much less paperwork.
Why not do both, restoring large bills and retaining a credit option
for those who prefer it?
The removal of large bills was a failed experiment of Nixon's "War
on Drugs," a primarily political exercise that didn't work. Now that
those who launder money to buy drugs are rich people like Rush
Limbaugh, why not eliminate the hypocrisy and restore the
convenience of large bills, retaining credit as an option for those
who prefer it. Nobody is going to prosecute rich people for their
drug use so let's drop the pretense.
Bruce Remick
"winwin" <winwins...@aol.com> wrote in message
news:819646de-10d7-470a...@a31g2000yqn.googlegroups.com...
_____________
If you can document a significant public demand for a return to large
denomination bills, write your representative if you feel so strongly about
it.
David Farmer
"Bruce Remick" <rem...@cox.net> wrote in message
news:i9OCm.15471$_l1....@newsfe06.iad...
protection of using a CC, when you use cash there is no recourse if the
transaction goes bad!
Mr. Jaggers
Just offhand I'd say that your second if-clause is at least 100 times as
likely as your first.
James the Parser
Peter
> If you can document a significant public demand for a return to large
> denomination bills, write your representative if you feel so strongly about
> it.
Almost any bank in Europe will freely distribute banknotes up to 500
Euros. I suspect that this property is one that helps make Euros more
valuable than dollars just now. Note that Europe's problems with
counterfeits are significant and most shops will not accept anything
over 100, and many are reluctant to take anything over 50.
Bruce Remick
"Peter" <w2...@hotmail.com> wrote in message
news:5916e113-dbb0-443d...@m38g2000yqd.googlegroups.com...
\______________
I read here that there have been some concern in Great Britain with
counterfeiting of popular UK �1 coins. We have inadvertantly avoided that
problem here in the US by producing dollar coins that don't circulate.
Bruce Remick
_____________
Bringing back those large denomination bills actually might stimulate the
economy as retired or unemployed counterfeiters will find it profitable to
return to work again. If Obama continues to hand out $250 stimuli to
struggling groups in our society, there might be a use for a $250 bill
before the bigger ones are printed.
Drago the Wolf
> Bringing back those large denomination bills actually might stimulate the
> economy as retired or unemployed counterfeiters will find it profitable to
> return to work again. If Obama continues to hand out $250 stimuli to
> struggling groups in our society, there might be a use for a $250 bill
>
> - Show quoted text -
Make that a $200 bill. NO $250 bills, please. Too odd of a
denomination. (But this is coming from someone who would actually
favor the Treasury to ressurrect the plans they orginally had, to
print $3 bills when the U.S. government first started issuing
currency. The plans for $3 bills somehow got dropped. Wonder why?
Someone here did say that horse tracks would love $3 bills to raise
their minimum $2 bet to a $3 bet. But, yeah $3 bills would have
awesome)
Mr. Jaggers
The idea that a denomination of 25 of anything is "too odd" goes back at
least as far as Jefferson, who observed that the quarter dollar is not
really a proper decimal unit. As I'm sure you know, the quarter won out
over his scientific objections, as it was intended to circulate at par with
the Spanish 2 reales.
James the Moneychanger
Mr. Jaggers
I'm struggling, and I haven't seen a $250 Obama stimulus check in my
mailbox. What do I have to do to get mine?
James the Destitute
Bruce Remick
"Mr. Jaggers" <lugburzman[at]yahoo[dot]com> wrote in message
news:hbglj...@enews2.newsguy.com...
Hey, I thought I was supposed to get one earlier this year, along with
everybody else who didn't earn too much. My wife did (Social Security), but
this federal retiree never did. I did read something about a possible tax
credit for those in my situation, but I'll believe that when the tax forms
come out. Now I see that President Obama beileves that govt employees and
SS retirees should receive another $250 stimulus to compensate for the fact
that no COL raise will be necessary in 2010. Sorry, you lucky private
sector folks apparently have no need for such a handout. I suspect the
money to pay for all this will come from "eliminating fraud and waste",
something no one apparentlybothers with until a large sum of money is needed
for something.
note.boy
There are many millions of counterfeit �1 coins in circulation in the UK but
I seldom spot one so they are either very good fakes or the % of them is too
low to make getting one a regular occurrence.
Having those fakes in circulation is still better than printing many
millions of �1 notes each year at enormous cost.
The Royal Bank of Scotland has not printed �1 notes for several years as
they still have a few million unissued from the last print run, they will
probably never print �1 notes again, I'm looking out for notes of the last
ever prefix but it may be years before they are released into circulation.
Billy
Bruce Remick
"note.boy" <note...@naespamntlworld.com> wrote in message
news:BoWCm.2471$ZA4...@newsfe17.ams2...
>
> "Bruce Remick" <rem...@cox.net> wrote in message
> news:QYPCm.98$Xq1...@newsfe10.iad...
>>
>> "Peter" <w2...@hotmail.com> wrote in message
>> news:5916e113-dbb0-443d...@m38g2000yqd.googlegroups.com...
>> On Oct 18, 8:11 pm, "Bruce Remick" <rem...@cox.net> wrote:
>>
>>> If you can document a significant public demand for a return to large
>>> denomination bills, write your representative if you feel so strongly
>>> about
>>> it.
>>
>> Almost any bank in Europe will freely distribute banknotes up to 500
>> Euros. I suspect that this property is one that helps make Euros more
>> valuable than dollars just now. Note that Europe's problems with
>> counterfeits are significant and most shops will not accept anything
>> over 100, and many are reluctant to take anything over 50.
>> \______________
>>
>> I read here that there have been some concern in Great Britain with
>> counterfeiting of popular UK �1 coins. We have inadvertantly avoided
>> that problem here in the US by producing dollar coins that don't
>> circulate.
>>
>
> There are many millions of counterfeit �1 coins in circulation in the UK
> but I seldom spot one so they are either very good fakes or the % of them
> is too low to make getting one a regular occurrence.
How about the �2 coins? I presume they are being counterfeited, too.
>
> Having those fakes in circulation is still better than printing many
> millions of �1 notes each year at enormous cost.
If there is an occasional need to print �1 notes it is probably because they
still are being used and are wearing out. When there is no need for new
ones, the public apparently will have totally accepted the coin-- legal
and/or counterfeit. Maybe the government could save even more money by
eliminating �1 coin production altogether and letting the counterfeiters
bear all the cost.
>
> The Royal Bank of Scotland has not printed �1 notes for several years as
> they still have a few million unissued from the last print run, they will
> probably never print �1 notes again, I'm looking out for notes of the last
> ever prefix but it may be years before they are released into circulation.
> Billy
Sounds a lot like our $2 notes.
Mr. Jaggers
> "note.boy" <note...@naespamntlworld.com> wrote in message
> news:BoWCm.2471$ZA4...@newsfe17.ams2...
>>
>> "Bruce Remick" <rem...@cox.net> wrote in message
>> news:QYPCm.98$Xq1...@newsfe10.iad...
>>>
>>> "Peter" <w2...@hotmail.com> wrote in message
>>> news:5916e113-dbb0-443d...@m38g2000yqd.googlegroups.com...
>>> On Oct 18, 8:11 pm, "Bruce Remick" <rem...@cox.net> wrote:
>>>
>>>> If you can document a significant public demand for a return to
>>>> large denomination bills, write your representative if you feel so
>>>> strongly about
>>>> it.
>>>
>>> Almost any bank in Europe will freely distribute banknotes up to 500
>>> Euros. I suspect that this property is one that helps make Euros
>>> more valuable than dollars just now. Note that Europe's problems
>>> with counterfeits are significant and most shops will not accept
>>> anything over 100, and many are reluctant to take anything over 50.
>>> \______________
>>>
>>> I read here that there have been some concern in Great Britain with
>>> avoided that problem here in the US by producing dollar coins that
>>> don't circulate.
>>>
>>
>> the UK but I seldom spot one so they are either very good fakes or
>> the % of them is too low to make getting one a regular occurrence.
>
>
>>
>> Having those fakes in circulation is still better than printing many
>
> If there is an occasional need to print �ｿｽ1 notes it is probably
> because they still are being used and are wearing out. When there is
> no need for new ones, the public apparently will have totally
> accepted the coin-- legal and/or counterfeit. Maybe the government
> altogether and letting the counterfeiters bear all the cost.
>
>>
>> years as they still have a few million unissued from the last print
>> for notes of the last ever prefix but it may be years before they
>> are released into circulation. Billy
>
> Sounds a lot like our $2 notes.
There are those who would say that even the government-issued coins are
counterfeits, inasmuch as they are backed by nothing other than the
government's good name and reputation.
James the Libertarian
Bruce Remick
"Mr. Jaggers" <lugburzman[at]yahoo[dot]com> wrote in message
> Bruce Remick wrote:
>> "note.boy" <note...@naespamntlworld.com> wrote in message
>> news:BoWCm.2471$ZA4...@newsfe17.ams2...
>>>
>>> "Bruce Remick" <rem...@cox.net> wrote in message
>>> news:QYPCm.98$Xq1...@newsfe10.iad...
>>>>
>>>> "Peter" <w2...@hotmail.com> wrote in message
>>>> news:5916e113-dbb0-443d...@m38g2000yqd.googlegroups.com...
>>>> On Oct 18, 8:11 pm, "Bruce Remick" <rem...@cox.net> wrote:
>>>>
>>>>> If you can document a significant public demand for a return to
>>>>> large denomination bills, write your representative if you feel so
>>>>> strongly about
>>>>> it.
>>>>
>>>> Almost any bank in Europe will freely distribute banknotes up to 500
>>>> Euros. I suspect that this property is one that helps make Euros
>>>> more valuable than dollars just now. Note that Europe's problems
>>>> with counterfeits are significant and most shops will not accept
>>>> anything over 100, and many are reluctant to take anything over 50.
>>>> \______________
>>>>
>>>> I read here that there have been some concern in Great Britain with
>>>> avoided that problem here in the US by producing dollar coins that
>>>> don't circulate.
>>>>
>>>
>>> the UK but I seldom spot one so they are either very good fakes or
>>> the % of them is too low to make getting one a regular occurrence.
>>
>>
>>>
>>> Having those fakes in circulation is still better than printing many
>>
>> If there is an occasional need to print �1 notes it is probably
>> because they still are being used and are wearing out. When there is
>> no need for new ones, the public apparently will have totally
>> accepted the coin-- legal and/or counterfeit. Maybe the government
>> altogether and letting the counterfeiters bear all the cost.
>>
>>>
>>> years as they still have a few million unissued from the last print
>>> for notes of the last ever prefix but it may be years before they
>>> are released into circulation. Billy
>>
>> Sounds a lot like our $2 notes.
>
> There are those who would say that even the government-issued coins are
> counterfeits, inasmuch as they are backed by nothing other than the
> government's good name and reputation.
>
> James the Libertarian
It does make some sort of perverse sense then to let willing counterfeiters
incur all the cost of making coins, especially the large denominations.
Like you point out, they aren't backed by anything (the coins) either way.
Error collectors would be in hog heaven.
Peter
wrote:
> Bruce Remick wrote:
> > "note.boy" <note....@naespamntlworld.com> wrote in message
> >news:BoWCm.2471$ZA4...@newsfe17.ams2...
>
> >> "Bruce Remick" <rem...@cox.net> wrote in message
> >>news:QYPCm.98$Xq1...@newsfe10.iad...
>
> >>> "Peter" <w2...@hotmail.com> wrote in message
> >>>news:5916e113-dbb0-443d...@m38g2000yqd.googlegroups.com...
> >>> On Oct 18, 8:11 pm, "Bruce Remick" <rem...@cox.net> wrote:
>
> >>>> If you can document a significant public demand for a return to
> >>>> large denomination bills, write your representative if you feel so
> >>>> strongly about
> >>>> it.
>
> >>> Almost any bank in Europe will freely distribute banknotes up to 500
> >>> Euros. I suspect that this property is one that helps make Euros
> >>> more valuable than dollars just now. Note that Europe's problems
> >>> with counterfeits are significant and most shops will not accept
> >>> anything over 100, and many are reluctant to take anything over 50.
> >>> \______________
>
> >>> I read here that there have been some concern in Great Britain with
> >>> avoided that problem here in the US by producing dollar coins that
> >>> don't circulate.
>
> >> the UK but I seldom spot one so they are either very good fakes or
> >> the % of them is too low to make getting one a regular occurrence.
>
>
> >> Having those fakes in circulation is still better than printing many
>
> > If there is an occasional need to print £1 notes it is probably
> > because they still are being used and are wearing out. When there is
> > no need for new ones, the public apparently will have totally
> > accepted the coin-- legal and/or counterfeit. Maybe the government
> > altogether and letting the counterfeiters bear all the cost.
>
> >> years as they still have a few million unissued from the last print
> >> for notes of the last ever prefix but it may be years before they
> >> are released into circulation. Billy
>
> > Sounds a lot like our $2 notes.
>
> There are those who would say that even the government-issued coins are
> counterfeits, inasmuch as they are backed by nothing other than the
> government's good name and reputation.
>
>
> - Show quoted text -
Last I checked, nickels were trading at close to par (i.e., the metal
was worth around 5 cents). Not sure that this leads to a practical
strategy, even so.
Mr. Jaggers
Somehow even my threadbare notions of morality have a problem with that.
Even though it's pure fantasy on my part, I still like to think that a
copper-plated Zincoln cent can trace its ancestry back to the guys that made
the '93 chain AMERI.
James the Copperhead
Bruce Remick
"Mr. Jaggers" <lugburzman[at]yahoo[dot]com> wrote in message
A mom & pop operation there, to be sure.
note.boy
�2 coins will be counterfeited but on a small scale compared to the �1 coin.
>> Having those fakes in circulation is still better than printing many
>> millions of �1 notes each year at enormous cost.
>
> If there is an occasional need to print �1 notes it is probably because
> they still are being used and are wearing out. When there is no need for
> new ones, the public apparently will have totally accepted the coin--
> legal and/or counterfeit. Maybe the government could save even more money
> by eliminating �1 coin production altogether and letting the
> counterfeiters bear all the cost.
>
A great idea.
>> The Royal Bank of Scotland has not printed �1 notes for several years as
>> they still have a few million unissued from the last print run, they will
>> probably never print �1 notes again, I'm looking out for notes of the
>> last ever prefix but it may be years before they are released into
>> circulation. Billy
>
> Sounds a lot like our $2 notes.
>
>
My branch of the Royal says that they seldom have brand new �1 notes as the
shops seldom ask for them.
Alan Murphy
>
> It does make some sort of perverse sense then to let willing
> counterfeiters incur all the cost of making coins, especially the large
> denominations. Like you point out, they aren't backed by anything (the
> coins) either way. Error collectors would be in hog heaven.
>
Jerry Dennis
<major snippage for brevity>
> Now I see that President Obama believes that govt employees and
> SS retirees should receive another $250 stimulus to compensate for
> the fact that no COL raise will be necessary in 2010. �
We are and he does? Okay, no political rant. Just that I didn't hear
we fed retirees (military in my case) were going to get a "stimulus
check." Makes me wonder if it'll be taxible like the "cash for
clunkers" rebate.
Jerry
Bruce Remick
"Jerry Dennis" <JDen...@aol.com> wrote in message
news:3622da3d-a313-4530...@r31g2000vbi.googlegroups.com...
On Oct 18, 11:41?pm, "Bruce Remick" <rem...@cox.net> wrote:
<major snippage for brevity>
> Now I see that President Obama believes that govt employees and
> SS retirees should receive another $250 stimulus to compensate for
> the fact that no COL raise will be necessary in 2010. ?
We are and he does? Okay, no political rant. Just that I didn't hear
we fed retirees (military in my case) were going to get a "stimulus
check." Makes me wonder if it'll be taxible like the "cash for
clunkers" rebate.
___________
I don't think any of the previous stimulus rebates were taxable. The
proposal isn't finalized yet by any means, so who knows if it will survive,
and if it does, in what form. Many have suggested that the estimated 13
billion or so would better serve the unemployed who would be more inclined
to spend it rather than stick it in the bank. Regardless, it still seems
like political "pandering" to many on both sides of the aisle.