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NEW $5 Bill
- Thread starter joeshell383
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blame realtors who falsified their clients' earnings just so they could qualify for a home
I think you mean mortgage lenders. Real estate agents/Realtors have absolutely nothing to do with whether or not their clients qualify for a home. They're an intermediary between someone wanting to sell a home and someone wanting to purchase a home, that's it.
If you're going to place blame for the mortgage crisis on a specific job segment, you should get at least pick the right segment.
http://www.dfi.wa.gov/consumers/glossary/glossary_r.htm
Mortgage Lender - The lender providing funds for a mortgage. Lenders also manage the credit and financial information review, the property and the loan application process through closing.
Real Estate Agent - An individual who is licensed to negotiate and arrange real estate sales; works for a real estate broker.
Realtor - A real estate agent or broker who is a member of the National Association of Realtors (NAR), and its local and state associations.
No, I meant realtors.
At least in our local papers, there were several stories which found that realtors were falsifying records for clients who didn't have high English proficiency. While helping them fill out paperwork, realtors frequently told their clients to state a higher income in order to qualify for the loan. The realtor gets the sale, and the lender is shafted 6-12 months later when the buyer can't make payments anymore.
I'm perfectly aware of real estate terminology.
Looks ok to me, I honestly don't really care that much about how our money looks. I rarely have more than $40 on me, most of the time it is usually less than $10. I use the "card" for everything.
It's actually an inconvenience for me to get cash because I have my paycheck direct deposit so I never go to the bank. Also, you can get rewards with credit cards, just gotta make sure you pay it off each month.
Anyone see that dateline story about a month ago where they talked about how the penny cost 2cents to make? That and nickel I think actually cost us money to make, the rest are significantly less money than their face value. I personally don't see why we don't get rid of the penny and just round everything to the nickel.
It's actually an inconvenience for me to get cash because I have my paycheck direct deposit so I never go to the bank. Also, you can get rewards with credit cards, just gotta make sure you pay it off each month.
Anyone see that dateline story about a month ago where they talked about how the penny cost 2cents to make? That and nickel I think actually cost us money to make, the rest are significantly less money than their face value. I personally don't see why we don't get rid of the penny and just round everything to the nickel.
We DO have cool-looking colorful money, except it has little silhouettes of railroad engines and houses on it.
http://www.jonco48.com/blog/monopoly_20money.jpg
Amongst other reasons, they're designed for easier visibility for partially-sighted people and just checking now, I note that this 'monopoly' money is worth about 50% more than the US dollar.
Ha ha ha, pwned! Sadly your wry humor (and the realities of the Forex market) was lost on our friend benlangdon...
I actually digg Mexican bills.
They're made out of plastic so they don't rip easily and they don't get a soggy and wet.
Also, they have nice little transparent spots on them with gold line thingies running through the clear part.
They're made out of plastic so they don't rip easily and they don't get a soggy and wet.
Also, they have nice little transparent spots on them with gold line thingies running through the clear part.
Attachments
It's because of copper, zinc, and nickel mining interests. Plus the congressional delegation from Illinois. If you think I'm joking, I'm not. It's really obnoxious that they help bankrupt the government when these are over-priced coins to keep a few people in jobs. Same thing goes for $1 bills, which, though still cheaper to make than their face value, last 14-18 months and are much more expensive to make over the lifetime of 30-40 years for a dollar coin.
It's because of copper, zinc, and nickel mining interests. Plus the congressional delegation from Illinois. If you think I'm joking, I'm not. It's really obnoxious that they help bankrupt the government when these are over-priced coins to keep a few people in jobs. Same thing goes for $1 bills, which, though still cheaper to make than their face value, last 14-18 months and are much more expensive to make over the lifetime of 30-40 years for a dollar coin.
ya but honestly dollor coins are annoying.
they don't work in machins
and if you have a bunch of them there heavy and your more likely to loose them
Dollar coins work in many machines, even if they don't say they do. Especially vending machines.
Almost every developed country no longer produces their base currency (e.g., the dollar, the euro, etc.) in bill-form, but rather they do it in coin form. Saves hundreds of millions of dollars a year, and most people from those countries like it better. You just have to get used to it, which Americans aren't willing to do. In many places (like Canada, Great Britain), it was forced upon the populace, and they adapted quickly. Americans are just unwilling to do it.
The more they change the currency, the harder it is to create new presidents:
( more at http://www.aeolius.com/money/ )
( more at http://www.aeolius.com/money/ )
my wallet
My wallet is already very heavy and full, and I sit on it 10 hours a day, why on EARTH would I want to carry around a pocket full of heavy coins to replace something so thin and light. forget the coins. If anything, replace the nickel dime and quarter with a tiny bill.
My wallet is already very heavy and full, and I sit on it 10 hours a day, why on EARTH would I want to carry around a pocket full of heavy coins to replace something so thin and light. forget the coins. If anything, replace the nickel dime and quarter with a tiny bill.
It depends on how old the machine is. Since the machines use weight as the primary indicator, it is possible that many older ones haven't been programed for the newer dollar coin.
I call BS. Paper currency is much more cost effective than coins. A dollar bill costs only a few cents to make compared to sevaral cents required to produce metal coins.
And for good reason. Coins are heavy, easy to loose, and less practical.
Not that paper is much better in any case. I much prefer my cards thank you very much.
The SB/Sacajewea/Presidential Series Dollar coins all weigh the same. Also, all machines now use magnetic signature as the primary indicator (to prevent the use of slugs). There was just a period of time (1989-1996) when Machines just wern't programmed to accept dollar coins.
In the US, it currently cost $1.40 to create a $1 bill, it cost <$.07 to produce a $1 coin.
That is why you start distributing the $2 bill instead, and the $1 coin weighs not much more than a quarter, and I usually keep them in a roll to keep them from going everywhere. Also, the small dollar coins we have now, are much more convient and lighter than the old silver dollar.
I'm always using $1 coins and $2 bills in my life, it just make more sense, plus people always remember you.
TEG
Yes, newer machines, but I said older machines. Older machines will still use the older weight method (and I've seen plenty of old ones around still).
No, it doesn't.
Given that the $1 note doesn't use as many inks and security technologies, it likely costs less, but 6.2 cents is fine by me. LinkBureau of Engraving and Printing said:
I like Jefferson and all, but the $2 note is such a waste. It really doesn't add anything new. Is it really that hard to have second $1 bill?
I also personally happen to think that some cashiers would be thoroughly confused by a $2 note when giving change.
Actually, a quarter weighs 5.6 grams, while a dollar bill weighs 1 gram. If you had a roll of 20, that would add up to half a pound. And for what?
Much easier to carry around the note in my opinion (or even better, a card
).
I don't think your intuition is right in this case, according to this U.S. GAO document.
Not only is a coin cheaper to produce, it can last in circulation much longer than a paper bill can.United States General Accounting Office -Pg 16 said:
Really I don't get the whole American love affair with the bland green paper bills. When I travel to the states I find it's a pain the butt to pull out the correct amount and make sure you get the right change back (all by looking for the tiny numbers in the corner). Here determining what to pull out to pay or how much you're getting back can be quickly determined by the colour alone.
Canada also went through the coin transitions, and coins aren't all that bad; sure they're a little heavier, but you hardly ever have more than 3 or four on you... and the same applies for our $2 coin. Actually it comes in handy when you think you don't have any money and you pull out enough money for lunch!
Imagine trying to use this in a store.. yikes, you would need a trolly to carry it! Good luck getting change as well
I personally like Canadian money, ours is so boring compared to there's and the looney rocks. Seems to me actually it might make more sense to get rid of the quarter and make a cool dollar coin, most vending machines seem to be around a dollar now for everything anyways. Maybe redesign a new 50 cent piece too. If we went to a dollar coin and no dollar bill the 2 dollar bill would be useful, do you want two, $2 bills or 4 Dollar coins? THere wouldnt be any confusion either cause the $1 bill would be the oddball.
Nowt wrong with education - it's the truancy/sleeping in class that results in not knowing how many countries have the Queen as head of state.
Hey hey, give the USA credit where credit* is due!
As to the new $5 bill, as long as I hand it to someone and it is considered legal tender then I am fine with it. Heck, if Paris Hilton's face would make the $5 bill worth more, then I would be all for putting her face all over our currency.
I do tend to dislike the $1 coin pieces as I tend to have a hard time keeping change in my pockets. I hardly ever carry cash anymore because a debit card, IMO, is much easier.*non-intentional pun
while the dollar bill is cheaper to produce than the coin it is not cheaper in the long run. Reason is a dollar bills average life span I believe is only 18 months before it so worn out that it is taken out o circulation. A coin would last much longer.
Personally I like the dollar bill. I hate having change in my pocket and I tend to lose it all the time.
Then again I also hate having more than 4 $1 bills. Not like I carry much cash on me any given day. Most of the time I keep it under 40
Personally I like the dollar bill. I hate having change in my pocket and I tend to lose it all the time.
Then again I also hate having more than 4 $1 bills. Not like I carry much cash on me any given day. Most of the time I keep it under 40
i absolutely hate the design of our bills...and if anybody feels the same way just send them to me and i will dispose of them.
anyway. i want some of the different bills like Euros or something.
and different sizes??? wierd.
anyway. i want some of the different bills like Euros or something.
and different sizes??? wierd.