According to Associated Press, Congress is looking to "do away" with the dollar bill and swtich to dollar coins. In the article Congress looks at doing away with the $1 bill , there is a heated discussion in whether the dollar bill should stay circulated or be taken out and replaced with a dollar coin. The article states, "the Government Accountability Office on the potential savings from switching to dollar coins entirely comes as lawmakers begin exploring new ways for the government to save money by changing the money itself." I disagree with this statement because I do not believe we, the people, can save money by switching to coins. The coin has to be made with nickle, or copper, or even zinc and obtaining these minereals take time and money to get where they are in our pockets, but then again I can see the coin saving us money because instead of replacing the bill every 5 years this coin can stay in curculation for up to 30 years. This saves the money makers to have to produce more money every few years.
"Rep. Lacy Clay, D-Mo., said men don't like carrying a bunch of coins around in their pocket or in their suits. And Rep. Carolyn Maloney, D-N.Y., said the $1 coins have proved too hard to distinguish from quarters." All that change that we are going to have to carry around would weigh down our clothes by a lot. I would not want to carry around $5 worth of coins in my pocket when I can easily open my wallet and pull out flimsy 5 ones. So I can see where so many coins can be a hassel. Also, I have seen a dollar coin and at a glance this coin is much like the regular quarter so if a product was a dollar and you hand the cashier a quarter u just paid 25 cents for a dollar product. If the coin goes in currculation, Congress needs to find a way to clearly distinguish the difference between a quarter and a dollar coin.
This article reminds me a little about the book I am currently reading, Kira-Kira by Cynthia Kadohata. In this book the main character's parents hate banks so they keep all their money in a bag hidden in their closet. The setting is set in the 1920's where money was hard to get especially because the characters protrayed are Japenese and are shown no respect. So all the money they make takes another meaning to "hard earned". The way money back then was used was a simple dollar went a long way as compared to now where a dollar can't even buy a bottle of soda.
This aritcle makes consumers who use dollar bills think whats going to happen if there are no more dollar bills in currculation and coin collectors might have to save a few of those old one bills so if and when the simple one goes out that little one dollar would be worth about 20 dollars. You know what, venders. I didn't even think of them. Dollar bills jam machines and a coin would save money to have the machine fixed. So many coins coming and going I wonder where we are going to go next in our lifetime.
Friday, November 30, 2012
Monday, November 26, 2012
Current connections #4
According to LA Times, Colts cheerleaders shave their heads in support of Chuck Pagano. The article states that the beloved coach,Chuck Pagano of the Indianapolis Colts, was diagnosed with leukemia earlier that season.
"Megan M. said two weeks ago that she would shave her head if Blue, the team mascot, could raise $10,000 for the Colts' "ChuckStrong" charity. Crystal Ann later said she would join her."
That is a strong choice made by one of the cheerleaders to help find a cure for this cure-less disease. Both women knew that they did not have to do that, but out of the kindness of their hearts and love for their coach they decided to shave their head for the cause.
"Well, Blue raised $22,670 and Sunday, between the third and fourth quarter of the Colts' 20-13 victory over the Buffalo Bills at Indianapolis, their hair came off"
Those two brave ladies made a huge statement by shaving their head, sitting on the field holding hands all of their hair came off. And to be honest, they were still just as beautiful. Now if only all the cheerleaders would have came together to chop off their hair, I believe they would have made a bigger statement. But not everyone can be a genorous as those wonderful ladies.
I wonder if a bigger statement could have been made if all the Indianopolis cheerleaders would have gone together and shaved their head as one. I wonder why the rest of the group didnt join in?
"Megan M. said two weeks ago that she would shave her head if Blue, the team mascot, could raise $10,000 for the Colts' "ChuckStrong" charity. Crystal Ann later said she would join her."
That is a strong choice made by one of the cheerleaders to help find a cure for this cure-less disease. Both women knew that they did not have to do that, but out of the kindness of their hearts and love for their coach they decided to shave their head for the cause.
"Well, Blue raised $22,670 and Sunday, between the third and fourth quarter of the Colts' 20-13 victory over the Buffalo Bills at Indianapolis, their hair came off"
Those two brave ladies made a huge statement by shaving their head, sitting on the field holding hands all of their hair came off. And to be honest, they were still just as beautiful. Now if only all the cheerleaders would have came together to chop off their hair, I believe they would have made a bigger statement. But not everyone can be a genorous as those wonderful ladies.
I wonder if a bigger statement could have been made if all the Indianopolis cheerleaders would have gone together and shaved their head as one. I wonder why the rest of the group didnt join in?
Current Connection #3
The Daytona Beach News Journal has the article, "Twinkies going, going, gone ..." and according to this article the twinkie corportation has declared bankruptcy on all Hostess products and every store is selling the last little bit to consumer buyers for 50 cents a "single serving package".
"A bankruptcy judge gave interim approval to the liquidation on Nov. 21. Nationwide, 18,500 people will lose their jobs and all 570 outlet locations will close. At the Nova Road location, the only outlet store in Volusia and Flagler counties, alone, 19 people will lose their jobs."
18,500 people jobless, that plus the way our economy is now the taxes on everything will increase once again. The Hostess corportation was one of the largest corporations in the nation. Almost 19,000 people will have to go and search for jobs once again and try to make the best of things while trying to keep their utilites paied for and not falling behind in payments. All 570 outlets of Hostess will be out of buisness as well, so however many people who were working in those stores will have to search for jobs else where. This corportation is making a domino effect on the rest of the world whether they know it or not.
And,"while many analysts say it's likely another company will pick up production of many of the products through a bankruptcy auction, the thought of a Twinkie-less world has sparked a feeding frenzy on the beleaguered company's products."
If another company tries to buy the remains of the Hostess products at a bankruptcy auction there is going to be one huge fight to try to be the last company to hold Hostess brand products. Did you know that there is a box of Twinkies on Ebay right now that has a starting rate of 75 dollars? Nobody thought that we would ever run out of Hostess because it was such a huge profit making company, but I guess our wold is making something better if we dont't even need the simple Twinkie anymore. A "twinkie-less world" is not something I wanted to grow up in.
I'm not sure about the rest of the world, but stated in this article, "As for the Twinkies, they sold out in less than a hour Sunday at the Nova Road store."...."A fair supply of bread, chocolate cupcakes and Zingers remained at the Nova Road store mid-Sunday afternoon. Just no Twinkies, alas."
As for this store, Twinkies are now a thing of the past.
"A bankruptcy judge gave interim approval to the liquidation on Nov. 21. Nationwide, 18,500 people will lose their jobs and all 570 outlet locations will close. At the Nova Road location, the only outlet store in Volusia and Flagler counties, alone, 19 people will lose their jobs."
18,500 people jobless, that plus the way our economy is now the taxes on everything will increase once again. The Hostess corportation was one of the largest corporations in the nation. Almost 19,000 people will have to go and search for jobs once again and try to make the best of things while trying to keep their utilites paied for and not falling behind in payments. All 570 outlets of Hostess will be out of buisness as well, so however many people who were working in those stores will have to search for jobs else where. This corportation is making a domino effect on the rest of the world whether they know it or not.
And,"while many analysts say it's likely another company will pick up production of many of the products through a bankruptcy auction, the thought of a Twinkie-less world has sparked a feeding frenzy on the beleaguered company's products."
If another company tries to buy the remains of the Hostess products at a bankruptcy auction there is going to be one huge fight to try to be the last company to hold Hostess brand products. Did you know that there is a box of Twinkies on Ebay right now that has a starting rate of 75 dollars? Nobody thought that we would ever run out of Hostess because it was such a huge profit making company, but I guess our wold is making something better if we dont't even need the simple Twinkie anymore. A "twinkie-less world" is not something I wanted to grow up in.
I'm not sure about the rest of the world, but stated in this article, "As for the Twinkies, they sold out in less than a hour Sunday at the Nova Road store."...."A fair supply of bread, chocolate cupcakes and Zingers remained at the Nova Road store mid-Sunday afternoon. Just no Twinkies, alas."
As for this store, Twinkies are now a thing of the past.
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