HB 1269: Au Revoir to Useless Coins Act (Passed) (user search)
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  HB 1269: Au Revoir to Useless Coins Act (Passed) (search mode)
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Author Topic: HB 1269: Au Revoir to Useless Coins Act (Passed)  (Read 1385 times)
wxtransit
Junior Chimp
*****
Posts: 5,105


Political Matrix
E: -0.26, S: 2.43

« on: July 12, 2018, 12:06:11 PM »

And, another eye opening post, from the same source, but more recent:
I was the major reason we kept the penny in the "Currency of Atlasia Act" - I have changed my views since then and fully support the abolition of the penny. Estimates find that it would save over $100M in the first year.

No matter your feelings about the coin, it's costing the government way too much money in a time we're already operating with a deficit (which may or may not be a bad thing, but that's a whole other argument entirely, and either way, we shouldn't be wasting government money on a coin that people lose in their couch cushions and frankly do not use).

Some eye opening articles and videos, too:
https://www.cnbc.com/2015/12/30/its-time-to-kill-the-penny-fmr-us-mint-director.html
https://www.pbs.org/newshour/economy/why-germany-is-taking-back-its
https://www.nytimes.com/2016/10/11/insider/why-doesnt-the-united-states-finally-get-rid-of-the-penny.html
https://www.mint.ca/store/mint/about-the-mint/phasing-out-the-penny-6900002
https://youtu.be/y5UT04p5f7U
https://youtu.be/nU4E6SSy5Yg

(Also, the Speaker should probably change "American coinage mints" to "Atlasian coinage mints" Tongue)
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wxtransit
Junior Chimp
*****
Posts: 5,105


Political Matrix
E: -0.26, S: 2.43

« Reply #1 on: July 16, 2018, 05:46:14 AM »

(Also, the Speaker should probably change "American coinage mints" to "Atlasian coinage mints" Tongue)

BOI
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wxtransit
Junior Chimp
*****
Posts: 5,105


Political Matrix
E: -0.26, S: 2.43

« Reply #2 on: July 16, 2018, 05:49:51 AM »

(Also, the Speaker should probably change "American coinage mints" to "Atlasian coinage mints" Tongue)

BOI

I would but this is a few administered thread, so don't use that against me when you run for Speaker wxtransit.

Wink
Logged
wxtransit
Junior Chimp
*****
Posts: 5,105


Political Matrix
E: -0.26, S: 2.43

« Reply #3 on: July 16, 2018, 05:42:28 PM »

(Also, the Speaker should probably change "American coinage mints" to "Atlasian coinage mints" Tongue)

BOI

I would but this is a few administered thread, so don't use that against me when you run for Speaker wxtransit.

Wink
Also, you asked the Speaker to do it, not the Vice President

At least I noticed it Tongue
Logged
wxtransit
Junior Chimp
*****
Posts: 5,105


Political Matrix
E: -0.26, S: 2.43

« Reply #4 on: July 16, 2018, 05:46:13 PM »

(Also, the Speaker should probably change "American coinage mints" to "Atlasian coinage mints" Tongue)

BOI

I would but this is a few administered thread, so don't use that against me when you run for Speaker wxtransit.

Wink
Also, you asked the Speaker to do it, not the Vice President

At least I noticed it Tongue
If you had noticed it when submitting the bill originally this would've been avoided Wink

*stares at wall blankly*
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