imaginative
keep your eye on the ball
A treasury (public) vs the federal reserve (private) issue?
ECON The $1 bill to be replaced ASAP by gold color coin
- Thread starter imaginative
- Start date
Jubilee on Earth
Veteran Member
I tried to do a search in the forum for this, but doing any kind of search on the word "dollar" brings up far too much to sift through.
Have any of you seen/heard anything about the immediate change up to a $1 coin? I know they've attempted this in the past, but it sounds like this time around it's for real.
I ran up to the grocery store this evening because they got a new shipment of corn in (they've got the best around) at 8 ears for $2. Any way, I had about $8 worth of stuff and had a bunch of singles. As the cashier was straightening them and putting them in the drawer, she said to me, "I'll be glad when these are gone!" Puzzled, I asked, "When what are gone?" She turned around and replied, "Those gross dollar bills. We just got our first shipment of the new dollar coin, and as of September 1st we're supposed to be handing those out and turning in the dollars. They're getting rid of dollar bills completely." And then she held up a couple of bright, shiny gold colored coins.
I admit, I was stunned. I haven't been keeping up on all the news lately because of a busier than usual work schedule, but I'm on the internet a lot. No headlines, no articles, no hoopla like around all the other changes in our currency.
Anyone else surprised by this, or am I just late getting to the game???
Have any of you seen/heard anything about the immediate change up to a $1 coin? I know they've attempted this in the past, but it sounds like this time around it's for real.
I ran up to the grocery store this evening because they got a new shipment of corn in (they've got the best around) at 8 ears for $2. Any way, I had about $8 worth of stuff and had a bunch of singles. As the cashier was straightening them and putting them in the drawer, she said to me, "I'll be glad when these are gone!" Puzzled, I asked, "When what are gone?" She turned around and replied, "Those gross dollar bills. We just got our first shipment of the new dollar coin, and as of September 1st we're supposed to be handing those out and turning in the dollars. They're getting rid of dollar bills completely." And then she held up a couple of bright, shiny gold colored coins.
I admit, I was stunned. I haven't been keeping up on all the news lately because of a busier than usual work schedule, but I'm on the internet a lot. No headlines, no articles, no hoopla like around all the other changes in our currency.
Anyone else surprised by this, or am I just late getting to the game???
blackjeep
The end times are here.
Fair use applies. From March, 2011
Push to change dollar bill to dollar coin
Credit: AP
by Terri Gruca
Bio | Email | Follow: @TerriG_KVUE
kvue.com
Posted on March 10, 2011 at 7:07 AM
The Government Accountability Office has a suggestion to help the federal government save on average $184 million dollars a year—replace the dollar bill with a dollar coin.
According to the report, dollar bills have a shorter lifespan than dollar coins because they wear much faster, which in turn requires the government to spend more to print new bills. The change would take four years to see savings but could add up to $5.5 billion dollars in savings over the next 30 years.
Many other countries have already replaced their smaller currency with coins. There is really no telling if this idea is being considered seriously here in the U.S. The GAO has studied this issue four times in the last 20 years with much of the same results and there has been no change.
Link
Push to change dollar bill to dollar coin
Credit: AP
by Terri Gruca
Bio | Email | Follow: @TerriG_KVUE
kvue.com
Posted on March 10, 2011 at 7:07 AM
The Government Accountability Office has a suggestion to help the federal government save on average $184 million dollars a year—replace the dollar bill with a dollar coin.
According to the report, dollar bills have a shorter lifespan than dollar coins because they wear much faster, which in turn requires the government to spend more to print new bills. The change would take four years to see savings but could add up to $5.5 billion dollars in savings over the next 30 years.
Many other countries have already replaced their smaller currency with coins. There is really no telling if this idea is being considered seriously here in the U.S. The GAO has studied this issue four times in the last 20 years with much of the same results and there has been no change.
Link
Jubilee on Earth
Veteran Member
Geez, March 10th! But the end of that article says that there's "no telling if the idea is being considered." Well, looks like it's been considered. And decided.
It's just so odd that no one's talking about it. Back when they first decided to change the look of the bills and add color, talk of that was everywhere.
It's just so odd that no one's talking about it. Back when they first decided to change the look of the bills and add color, talk of that was everywhere.
Flippper
Time Traveler
They've tried this before, but if the remove all dollar bills from circulation, folks won't have a choice. I wonder why they are doing this, I'd think bills are far cheaper to produce than coin, I wonder if they're chipping them to track where they go?
In early 2007, the American government complained to the Canadian government that they were tracking American contractors who were visiting Canada by placing loonies ($2.00 Canadian coins) with tiny RFID transmitters in their pockets. And a CIS officer when confronted with this said: “Ah, give us a break! You might want to know where the individual was going, what meetings he’s attending, who he’s talking with and everything like that.” So if they wanted they could track people with chipped loonies.
In early 2007, the American government complained to the Canadian government that they were tracking American contractors who were visiting Canada by placing loonies ($2.00 Canadian coins) with tiny RFID transmitters in their pockets. And a CIS officer when confronted with this said: “Ah, give us a break! You might want to know where the individual was going, what meetings he’s attending, who he’s talking with and everything like that.” So if they wanted they could track people with chipped loonies.
Jubilee on Earth
Veteran Member
She flashed them in front of me so fast I didn't get a chance to really see them. But my first reaction WAS "That's a big sucker!" They looked thick and possibly heavy. I even told her, "Oh, great. That's going to be fun to carry around. Not." She chuckled.
This theory is scarier and probably more real than we think.
Jubilee on Earth
Veteran Member
Yeah, but you always had the option of using both. Now, you won't have a choice. They're pulling all paper dollars out of circulation. The cashier specifically told me they're to take the bills and give back only the coins as of September 1st.
And, in thinking about Flipper's point some more, what better way to push the American public to an all-electronic financial system? Think about it. If it was common knowledge that new coins being produced had RFID trackers in them, what would your first reaction be? Mine was, "Screw that. I'll buy everything with my check card, then."
Ta-da!! And their plan is working...
And, in thinking about Flipper's point some more, what better way to push the American public to an all-electronic financial system? Think about it. If it was common knowledge that new coins being produced had RFID trackers in them, what would your first reaction be? Mine was, "Screw that. I'll buy everything with my check card, then."
Ta-da!! And their plan is working...
LoupGarou
Ancient Fuzzball
I wonder if this is a part of this changeover?
From: http://cafehayek.com/2011/06/the-mysterious-dollar-coin.html
The two links at that link tell a lot.
http://www.npr.org/2011/06/28/137394348/-1-billion-that-nobody-wants
http://abcnews.go.com/Business/story?id=87039&page=1
Loup
From: http://cafehayek.com/2011/06/the-mysterious-dollar-coin.html
The two links at that link tell a lot.
http://www.npr.org/2011/06/28/137394348/-1-billion-that-nobody-wants
http://abcnews.go.com/Business/story?id=87039&page=1
Loup
bw
Fringe Ranger
They are, but you produce a coin and it's good for fifty years. A dollar bill lasts about six months IIRC. So it costs more to make a coin, but it's way cheaper to convert to coins.
Sysman
Old Geek <:)=
Yup, and I think they should have done it long ago. It doesn't "pay" to make a paper dollar bill these days...
We had a thread a few weeks ago about dollar coins. They are already popular in some places, like ticket machines at train stations. I get them all the time in change when I buy junk at the station...
They aren't all that much larger than a quarter. That was part of the problem with the "silver" dollars in the 80s and 90s, they looked too much like a quarter. Hence the newer "gold" color, but the same size and weight...
The new Presidential bucks still look pretty good, very "shiney". But after a few years in circulation, I expect they'll lose the shine, just like the older Sacs have...
.
night driver
ESFP adrift in INTJ sea
Yep. In the LONG run the dollar COIN is a better investment for the .gov.
The OTHER HALF of the movement is issue of MANY more TWO dollar bills.
The estimate of 6 months is a pretty good average for the life expectancy on singles.
The OTHER HALF of the movement is issue of MANY more TWO dollar bills.
The estimate of 6 months is a pretty good average for the life expectancy on singles.
BornFree
Came This Far
This would suck. Many times when I sit down or do something then the change falls out of my pocket. Having dollars fall out and get lost would be bad. Not to mention the bulge.
Think about what it would cost to re-design all coin mechs in all the vending machines out there.
Christian for Israel
Knight of Jerusalem
since they're going to have to redesign all the vending machines anyway i think they should go with a dime sized 'gold' coin that's square instead of round. a smaller coin won't be such a pain to carry and the square shape would stop misidentification. vending machines could be set up with sliding trays into which one places the coins flat to be identified and accepted. the same method could be used to return change.
dragonslayer2001
Inactive
ummmmm, proof?
In early 2007, the American government complained to the Canadian government
yes, I read the original article, but I am asking for proof. Besides, that part of the article sounded ludicrous.
In early 2007, the American government complained to the Canadian government
yes, I read the original article, but I am asking for proof. Besides, that part of the article sounded ludicrous.
dragonslayer2001
Inactive
..........
I got four of the new 'merican loonies two weeks ago when I went to wash my car.
garrrrrrrrrrrr........... I HATED having 3 lb's of change in my pocket when out shopping in Canada.
I got four of the new 'merican loonies two weeks ago when I went to wash my car.
garrrrrrrrrrrr........... I HATED having 3 lb's of change in my pocket when out shopping in Canada.
Flippper, it wasn't loonies (the Canadian $1 coin) or toonies (the Canadian $2 coins) but rather the Canadian 25 cent coin (see picture below). And it was all BS because the coins were NOT chipped, it was a protective covering for the color of the poppy that was visible under UV light.
As to the main thread topic, I've heard NOTHING along those lines (that is, a mandatory changeover on September 1st) and I doubt that particular story is true. The current production of US $1 coins are the Native American series (Sacagawea front but with different designs every year on the back) and the Presidential series (four new Presidents per year, in order of their taking office). The reference to coins piling up in a warehouse is true, but the vending machines have long since been converted to accept these coins.
Specifications
Composition is a Manganese-Brass alloy: 88.5% Cu, 6% Zn, 3.5% Mn, 2% Ni
Weight: 8.100 g
Diameter: 1.043 in., 26.5 mm
Thickness: 2.00 mm
Edge: Plain (Sacagawea)
Edge-Lettering (Presidential $1 Coin and Native American $1 Coin)
As to the main thread topic, I've heard NOTHING along those lines (that is, a mandatory changeover on September 1st) and I doubt that particular story is true. The current production of US $1 coins are the Native American series (Sacagawea front but with different designs every year on the back) and the Presidential series (four new Presidents per year, in order of their taking office). The reference to coins piling up in a warehouse is true, but the vending machines have long since been converted to accept these coins.
Specifications
Composition is a Manganese-Brass alloy: 88.5% Cu, 6% Zn, 3.5% Mn, 2% Ni
Weight: 8.100 g
Diameter: 1.043 in., 26.5 mm
Thickness: 2.00 mm
Edge: Plain (Sacagawea)
Edge-Lettering (Presidential $1 Coin and Native American $1 Coin)
Attachments
One or more states have tried to get rid of the penny too. It's almost like trash, these days, littering the ground. There's probably a trillion of 'em buried in the first 6 inches of soil.
Carrying around change has always been a pain in the rear. It's dirty, you lose it, you get it mixed up, you drop it, you throw it on the ground 'cause it's wasting your time, you hand it to a bum, you think you've got enough but you're a penny short, so you get a freaking handful of it back. Then it slips through the hole in your pocket and slides down your pants into your shoe. In the process of trying to shake it out as you walk, it gets stood on edge and you stand on it hard (YEEEEEAAAAAAAAAOOOOOOOOWWWWWWW), which pisses you off so now your shoe comes flying off in the middle of the parking lot and everyone is staring at you.....
Yep, pain in the rear. What is needed is a........ Universal Change Magnet Card, or some other catchy name. Here's how it could work. You go to a convenience store, and your total comes to $1.01. You hand them $2. Instead of 99cents back, the 99 cents is put on a UCMC card, which can then be used like a debit card, and can also be cashed in for whole dollars at your bank, or stores that voluntarily offer the cash-in service. If you didn't have your card with you to have them add to it, they could dispense you a new one for 25 cents. The cards could have a cap, such as $5-10, so there wouldn't be huge issues with stolen cards, robberies, etc.
All change is gone, replaced by the card. Likey...?
Carrying around change has always been a pain in the rear. It's dirty, you lose it, you get it mixed up, you drop it, you throw it on the ground 'cause it's wasting your time, you hand it to a bum, you think you've got enough but you're a penny short, so you get a freaking handful of it back. Then it slips through the hole in your pocket and slides down your pants into your shoe. In the process of trying to shake it out as you walk, it gets stood on edge and you stand on it hard (YEEEEEAAAAAAAAAOOOOOOOOWWWWWWW), which pisses you off so now your shoe comes flying off in the middle of the parking lot and everyone is staring at you.....
Yep, pain in the rear. What is needed is a........ Universal Change Magnet Card, or some other catchy name. Here's how it could work. You go to a convenience store, and your total comes to $1.01. You hand them $2. Instead of 99cents back, the 99 cents is put on a UCMC card, which can then be used like a debit card, and can also be cashed in for whole dollars at your bank, or stores that voluntarily offer the cash-in service. If you didn't have your card with you to have them add to it, they could dispense you a new one for 25 cents. The cards could have a cap, such as $5-10, so there wouldn't be huge issues with stolen cards, robberies, etc.
All change is gone, replaced by the card. Likey...?
kozanne
Inactive
One or more states have tried to get rid of the penny too. It's almost like trash, these days, littering the ground. There's probably a trillion of 'em buried in the first 6 inches of soil.
Carrying around change has always been a pain in the rear. It's dirty, you lose it, you get it mixed up, you drop it, you throw it on the ground 'cause it's wasting your time, you hand it to a bum, you think you've got enough but you're a penny short, so you get a freaking handful of it back. Then it slips through the hole in your pocket and slides down your pants into your shoe. In the process of trying to shake it out as you walk, it gets stood on edge and you stand on it hard (YEEEEEAAAAAAAAAOOOOOOOOWWWWWWW), which pisses you off so now your shoe comes flying off in the middle of the parking lot and everyone is staring at you.....
Yep, pain in the rear. What is needed is a........ Universal Change Magnet Card, or some other catchy name. Here's how it could work. You go to a convenience store, and your total comes to $1.01. You hand them $2. Instead of 99cents back, the 99 cents is put on a UCMC card, which can then be used like a debit card, and can also be cashed in for whole dollars at your bank, or stores that voluntarily offer the cash-in service. If you didn't have your card with you to have them add to it, they could dispense you a new one for 25 cents. The cards could have a cap, such as $5-10, so there wouldn't be huge issues with stolen cards, robberies, etc.
All change is gone, replaced by the card. Likey...?
A CHIP would make things like this nice and easy........
energy_wave
Has No Life - Lives on TB
Try putting ten one dollar coins in your wallet.
Yep. We'll be having it soon, I'm sure; just a matter of time. The upsides are great, but of course the downsides of tracking, restrictions on private transactions and off the books business, and the ever popular power outages are no fun. Although, on the power outage bit, even stores that accept cash will close their doors now if the power is out. They won't sell anything without the electronic scanners and calculators.
You know, that made me think that this might be the middle step into a cashless society. IOW, first they eliminate the $1 bill, replacing it with a cumbersome coin. The people gripe and fuss, but can't get their reps to reinstitute the $1 bill, so they say, "Well, if we can't have the paper back, then just make it all electronic".
Square coins? Would turn a lot of seamstresses into millionaires, repairing all of those blown out pockets. Maybe an octagonal design, or........maybe something spherical, like a marble! lol Imagine carrying a pocket full of $1 marbles around! Better hope you don't drop those!
For those who want more on the Canadian "spy" quarter:
-----
Canadian Poppy Quarter Caused 'Spy Coin' Warning
FoxNews.com
May 09, 2007
WASHINGTON — An odd-looking Canadian coin with a bright red flower was the culprit behind the U.S. Defense Department's false espionage warning earlier this year, The Associated Press has learned.
The odd-looking — but harmless — "poppy coin" was so unfamiliar to suspicious U.S. Army contractors traveling in Canada that they filed confidential espionage accounts about them. The worried contractors described the coins as "anomalous" and "filled with something man-made that looked like nano-technology," according to once-classified U.S. government reports and e-mails obtained by the AP.
The silver-colored 25-cent piece features the red image of a poppy — Canada's flower of remembrance — inlaid over a maple leaf. The unorthodox quarter is identical to the coins pictured and described as suspicious in the contractors' accounts.
The supposed nano-technology actually was a conventional protective coating the Royal Canadian Mint applied to prevent the poppy's red color from rubbing off. The mint produced nearly 30 million such quarters in 2004 commemorating Canada's 117,000 war dead.
"It did not appear to be electronic [analog] in nature or have a power source," wrote one U.S. contractor, who discovered the coin in the cup holder of a rental car. "Under high power microscope, it appeared to be complex consisting of several layers of clear, but different material, with a wire-like mesh suspended on top."
The confidential accounts led to a sensational warning from the Defense Security Service, an agency of the Defense Department, that mysterious coins with radio frequency transmitters were found planted on U.S. contractors with classified security clearances on at least three separate occasions between October 2005 and January 2006 as the contractors traveled through Canada.
• Click here to read the partially disavowed Defense Department report (pdf).
• Click here to read the Defense Department statement.
Related Stories
Pentagon Recants Espionage Report on 'Canadian' Spy Coins
Pentagon Warns Contractors About 'Canadian' Spy Coins
One contractor believed someone had placed two of the quarters in an outer coat pocket after the contractor had emptied the pocket hours earlier. "Coat pockets were empty that morning and I was keeping all of my coins in a plastic bag in my inner coat pocket," the contractor wrote.
But the Defense Department subsequently acknowledged that it could never substantiate the espionage alarm that it had put out and launched the internal review that turned up the true nature of the mysterious coin.
Meanwhile, in Canada, senior intelligence officials expressed annoyance with the American spy-coin warnings as they tried to learn more about the oddball claims.
"That story about Canadians planting coins in the pockets of defense contractors will not go away," Luc Portelance, now deputy director for the Canadian Security Intelligence Service, wrote in a January e-mail to a subordinate. "Could someone tell me more? Where do we stand and what's the story on this?"
Others in Canada's spy service also were searching for answers. "We would be very interested in any more detail you may have on the validity of the comment related to the use of Canadian coins in this manner," another intelligence official wrote in an e-mail. "If it is accurate, are they talking industrial or state espionage? If the latter, who?" The identity of the e-mail's recipient was censored.
Intelligence and technology experts were flabbergasted over the warning when it was first publicized earlier this year. The warning suggested that such transmitters could be used surreptitiously to track the movements of people carrying the coins.
"I thought the whole thing was preposterous, to think you could tag an individual with a coin and think they wouldn't give it away or spend it," said H. Keith Melton, a leading intelligence historian.
But Melton said the Army contractors properly reported their suspicions. "You want contractors or any government personnel to report anything suspicious," he said. "You can't have the potential target evaluating whether this was an organized attack or a fluke."
The Defense Security Service disavowed its warning about spy coins after an international furor, but until now it has never disclosed the details behind the embarrassing episode. The U.S. said it never substantiated the contractors' claims and performed an internal review to determine how the false information was included in a 29-page published report about espionage concerns.
The Defense Security Service never examined the suspicious coins, spokeswoman Cindy McGovern said. "We know where we made the mistake," she said. "The information wasn't properly vetted. While these coins aroused suspicion, there ultimately was nothing there."
A numismatist consulted by the AP, Dennis Pike of Canadian Coin & Currency near Toronto, quickly matched a grainy image and physical descriptions of the suspect coins in the contractors' confidential accounts to the 25-cent poppy piece.
"It's not uncommon at all," Pike said. He added that the coin's protective coating glows peculiarly under ultraviolet light. "That may have been a little bit suspicious," he said.
Some of the U.S. documents the AP obtained were classified "Secret/Noforn," meaning they were never supposed to be viewed by foreigners, even America's closest allies. The government censored parts of the files, citing national security reasons, before turning over copies under the U.S. Freedom of Information Act.
Nothing in the documents — except the reference to nanotechnology — explained how the contractors' accounts evolved into a full-blown warning about spy coins with radio frequency transmitters. Many passages were censored, including the names of contractors and details about where they worked and their projects.
But there were indications the accounts should have been taken lightly. Next to one blacked-out sentence was this warning: "This has not been confirmed as of yet."
The Canadian intelligence documents, which also were censored, were turned over to the AP for $5 under that country's Access to Information Act. Canada cited rules for protecting against subversive or hostile activities to explain why it censored the papers.
www.foxnews.com/story/0,2933,270413,00.html
-----
Canadian Poppy Quarter Caused 'Spy Coin' Warning
FoxNews.com
May 09, 2007
WASHINGTON — An odd-looking Canadian coin with a bright red flower was the culprit behind the U.S. Defense Department's false espionage warning earlier this year, The Associated Press has learned.
The odd-looking — but harmless — "poppy coin" was so unfamiliar to suspicious U.S. Army contractors traveling in Canada that they filed confidential espionage accounts about them. The worried contractors described the coins as "anomalous" and "filled with something man-made that looked like nano-technology," according to once-classified U.S. government reports and e-mails obtained by the AP.
The silver-colored 25-cent piece features the red image of a poppy — Canada's flower of remembrance — inlaid over a maple leaf. The unorthodox quarter is identical to the coins pictured and described as suspicious in the contractors' accounts.
The supposed nano-technology actually was a conventional protective coating the Royal Canadian Mint applied to prevent the poppy's red color from rubbing off. The mint produced nearly 30 million such quarters in 2004 commemorating Canada's 117,000 war dead.
"It did not appear to be electronic [analog] in nature or have a power source," wrote one U.S. contractor, who discovered the coin in the cup holder of a rental car. "Under high power microscope, it appeared to be complex consisting of several layers of clear, but different material, with a wire-like mesh suspended on top."
The confidential accounts led to a sensational warning from the Defense Security Service, an agency of the Defense Department, that mysterious coins with radio frequency transmitters were found planted on U.S. contractors with classified security clearances on at least three separate occasions between October 2005 and January 2006 as the contractors traveled through Canada.
• Click here to read the partially disavowed Defense Department report (pdf).
• Click here to read the Defense Department statement.
Related Stories
Pentagon Recants Espionage Report on 'Canadian' Spy Coins
Pentagon Warns Contractors About 'Canadian' Spy Coins
One contractor believed someone had placed two of the quarters in an outer coat pocket after the contractor had emptied the pocket hours earlier. "Coat pockets were empty that morning and I was keeping all of my coins in a plastic bag in my inner coat pocket," the contractor wrote.
But the Defense Department subsequently acknowledged that it could never substantiate the espionage alarm that it had put out and launched the internal review that turned up the true nature of the mysterious coin.
Meanwhile, in Canada, senior intelligence officials expressed annoyance with the American spy-coin warnings as they tried to learn more about the oddball claims.
"That story about Canadians planting coins in the pockets of defense contractors will not go away," Luc Portelance, now deputy director for the Canadian Security Intelligence Service, wrote in a January e-mail to a subordinate. "Could someone tell me more? Where do we stand and what's the story on this?"
Others in Canada's spy service also were searching for answers. "We would be very interested in any more detail you may have on the validity of the comment related to the use of Canadian coins in this manner," another intelligence official wrote in an e-mail. "If it is accurate, are they talking industrial or state espionage? If the latter, who?" The identity of the e-mail's recipient was censored.
Intelligence and technology experts were flabbergasted over the warning when it was first publicized earlier this year. The warning suggested that such transmitters could be used surreptitiously to track the movements of people carrying the coins.
"I thought the whole thing was preposterous, to think you could tag an individual with a coin and think they wouldn't give it away or spend it," said H. Keith Melton, a leading intelligence historian.
But Melton said the Army contractors properly reported their suspicions. "You want contractors or any government personnel to report anything suspicious," he said. "You can't have the potential target evaluating whether this was an organized attack or a fluke."
The Defense Security Service disavowed its warning about spy coins after an international furor, but until now it has never disclosed the details behind the embarrassing episode. The U.S. said it never substantiated the contractors' claims and performed an internal review to determine how the false information was included in a 29-page published report about espionage concerns.
The Defense Security Service never examined the suspicious coins, spokeswoman Cindy McGovern said. "We know where we made the mistake," she said. "The information wasn't properly vetted. While these coins aroused suspicion, there ultimately was nothing there."
A numismatist consulted by the AP, Dennis Pike of Canadian Coin & Currency near Toronto, quickly matched a grainy image and physical descriptions of the suspect coins in the contractors' confidential accounts to the 25-cent poppy piece.
"It's not uncommon at all," Pike said. He added that the coin's protective coating glows peculiarly under ultraviolet light. "That may have been a little bit suspicious," he said.
Some of the U.S. documents the AP obtained were classified "Secret/Noforn," meaning they were never supposed to be viewed by foreigners, even America's closest allies. The government censored parts of the files, citing national security reasons, before turning over copies under the U.S. Freedom of Information Act.
Nothing in the documents — except the reference to nanotechnology — explained how the contractors' accounts evolved into a full-blown warning about spy coins with radio frequency transmitters. Many passages were censored, including the names of contractors and details about where they worked and their projects.
But there were indications the accounts should have been taken lightly. Next to one blacked-out sentence was this warning: "This has not been confirmed as of yet."
The Canadian intelligence documents, which also were censored, were turned over to the AP for $5 under that country's Access to Information Act. Canada cited rules for protecting against subversive or hostile activities to explain why it censored the papers.
www.foxnews.com/story/0,2933,270413,00.html
Where did you hear the metal coins would have RFID chips in them?
I see now where that came from.
Does it really make sense to have a bugged dollar coin to track what or where you spend it when the paper money like a hundred dollar bill you don't track? Let's put chips in the pennies.
LOL, the Canadian dollar coin is call the Loonie, the Two dollar coin is refered to as the Toonie
Here is a scan,
Attachments
Last edited:
SmithJ
Veteran Member
I was at a gas station this morning and the guy sweeping the parking lot told me that all iPhones were going to quit working 2 weeks after Steve Jobs does.........
It's got to be true - the sweeper specifically told me......
willowlady
Veteran Member
Whether true or not, I just don't see the big deal. When we were in Germany last year it was absolutely painless to convert to the Euro, which is a large goldish colored coin. In fact, there was one particular use of the Euro that was outstanding, and if we convert to a coin, I'll bet you'll see that here. In front of any grocery stores were shopping carts linked into a system whereby you insert a Euro in box and it releases the cart for us. When you bring the cart back and slide it into the system, it gives you back a Euro. No need to pay someone to round up carts and do what simple courtesy and 30 seconds of time will take care of, at no cost to the customer.
Maybe the gov wants to look more Euro-like, who knows. Carrying around a few Euros was no trouble. If it saves us, the taxpayers of these United States money, I'm for it.
Maybe the gov wants to look more Euro-like, who knows. Carrying around a few Euros was no trouble. If it saves us, the taxpayers of these United States money, I'm for it.
Tygerkittn
Veteran Member
You are right.
Jeesh, if thats all it takes to get everbody all upset we are in trouble.
One idiot cashier tells one person and it spreads like wildfire.
If you believe that, I've got some swamp land here in florida to sell you.