The government is not nimble…

case in point, do you know what this is?

 

 

 

 

 

 

 

 

This is a $1 presidential coin. Though they’ve been minting them since 2007 this is the first one we’ve seen. Today, 4 years later, and like us we’d imagine most peoples gut reaction upon receiving it?  “What the F’ am I supposed to do with this?”.  Either phase out the $1 bill or kill this ridiculous program.   We’re quite sure there will be a C-span hearing on this in about 3 years when they finally hit Truman…and by that time everyone will be paying for everything everywhere(parking meters, vending machines, gumball machines in the dollar store, you know) with a cell phone or plastic.

Might as well just start minting everyone plastic Soc. Sec. cards.  no more physical money. Hit the link below to read the full story.

“Politicians in Washington hardly let a few minutes go by without mentioning how broke the government is. So, it’s a little surprising that they’ve created a stash of more than $1 billion that almost no one wants.  Unused dollar coins have been quietly piling up in Federal Reserve vaults in breathtaking numbers, thanks to a government program that has required their production since 2007.”

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