Schweikert's plan to scrap dollar bills for coins raises fuss
David Schweikert
U.S. Congress Republican candidate David Schweikert addresses the East Valley Tribune Editorial board during a question and answer session at the Tribune offices in Mesa.
Susan B. Anthony dollar
More than 850 million Susan B. Anthony dollars were minted before they were scrapped because of poor consumer acceptance.
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Dale Whiting posted at 8:01 am on Sat, Oct 22, 2011.
Schweikert v. Mitchell
Schweikert won, we lost.
albundy posted at 11:20 am on Sat, Oct 22, 2011.
"But he argued all that can be changed if Americans are forced to use it"
Mr. public employee i don't think you have any business forcing any American to do anything.
shrinkingviolet posted at 2:16 pm on Sat, Oct 22, 2011.
Hope the tea party enjoys reaping what it has sown.
Diogenes Lantern posted at 8:37 pm on Sat, Oct 22, 2011.
The Move.On.orgers are out today with the above 3 smears. The facts:
US Congressman Schweikert is a Member of the Financial Services Committee and the Vice Chair of the Capital Markets and Govt Spnosored Enterprises. An admitted "numbers nerd", Schweikert was the former MC Treasurer as well as serving in the AZ legislature. It is a honor to be selected to Fin Services as a Freshman. The GSE group regulates Fannie Mae and Freddie Mac-major contributor to the Housing Bubble then Crash. Schweikert's skills as a Realtor and Financial professional make him hugely talented for reversing the housing woes and economic regulation of the last 3 years.
Schweikert co-sponsored the "Protecting Am Seniors and Military" bill to require the Treasury to pay first priority -debt service, social security, and active duty military in the event a debt ceiling bill is not passed. Obama threatened to not pay Seniors.
Schweikert co-sponsored a bill dedicated to repealing the oppressive regulations in the Dodd-Frank bill. This 2300 page job killing bill has over 400 mandates and regulations run by one unelected , unaccountable Regulator. The Bill costs $1.25 billion a year to hire more Obama bureaucrats to administer this mess.
Schweikert voted for the "Cut, Cap, and Balance" bill-the only solution to the $14.5 Trillion Debt requiring the US to borrow 42 cents for every dollar spent.
Introduced "Creating Sushine, Participation and Accountability for Our Nation" (CSPAN) requiring formal rule making be open to the media and tv (not hidden behind Pelosi's door)
Introduced a bill to prohibit Fannie Mae and Freddie Mac to engage in any new activities. This will protect the taxpayers from future bailouts to crony capitalists.
Introduced "Small Company Capital Formation Act"-reducing Obama's burdensome regulations on small business by upping the exemption on SEC filings from company size of only $ million to $50 million.
Introduced the "Forgotten Funds Act"-any federally appropriated unused fund be returned to the Treasury (rather than buying $100 hammers)
Co-sponsor "Small Bus Paperwork Mandate" which eliminates the onerous 1099 requirement in Obamacare. (If you paid your mechanic $600 to fix your car, you would have to file a 1099 which the mechanic would have to report)
And many more
For a Freshman, the number and astute bills Schweikert has introduced is almost unprecedented. His predecessor only wrote one bill in 4 years.
Rupert posted at 9:53 pm on Sat, Oct 22, 2011.
David, contrary to your condescending remarks, opponents of your legislation (and your constituents) can "do the math." What he fails to disclose is that his measure will give billions of taxpayer dollars to mining-industry interests.Now let's examine his recent campaign contributions. (Not only can we do math, we can google). Lookee here: $5000 from FREEPORT-MCMORAN COPPER & GOLD INC. CITIZENSHIP COMMITTEE 1/28/11. And who are Freeport-McMoran but one of the world's-largest copper-mining companies. It doesn't surprise me that Dave is trying to pull the wool over our eyes, but Howie, you really should learn to google!
Poorman posted at 7:24 am on Sun, Oct 23, 2011.
No great problem here,all our esteemed leaders have to do, is have the government stop printing paper 1 dollar bills,and pull them out of circulation. They did it with gold coins. Or better still make the paper ones worthless the practically are anyway.
Country Singer posted at 6:49 pm on Sun, Oct 23, 2011.
Canadian have use their "Loonies and Toonies" for years. In a recent tour of the Canadian mint, they say it cost them 12.5 cent to manufacture a coin. Coins will last forever. It is just a matter of getting use to them. The saving would be well worth the change Obama supporters wanted CHANGE, here's one the the conservative could live with.
samkat posted at 7:14 pm on Sun, Oct 23, 2011.
Yep singer and try carrying a pocket full of coins vs a pocket full of one dollar bills. PS: lantern, I am not a fan of moveon.org and I oppose coins to replace dollar bills.
Moderation posted at 3:06 pm on Thu, Oct 27, 2011.
Last time I checked I used a debit card for most things. I think changing the dollar to a coin is fine considering the value of it anymore. They end up in my spare change jar anyway. If it cuts back on spending and something that lasts more than 4 years great!
@Repert
$5000 is chump change in an election anymore. I doubt it would buy of a congressman. Well maybe a state one it could. [smile]