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Champ Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-28-04 03:26 PM
Original message
New $50 bill begins circulating
Overhaul adds splashes of red, blue and yellow





WASHINGTON - A new $50 bill with touches of red, blue and yellow hit the streets Tuesday and a new $10 bill is in the works. It would be the third greenback to get colorized to cut back on counterfeiting.

The new $50s soon will be showing up at banks, cash registers and wallets. Government officials used one of the new $50s on Tuesday morning to buy a $45 U.S. flag, which came in a box, at a shop in Union Station. Old $50 bills will continue to be accepted and recirculated until they wear out.

As for plans for the new $10 bill, Alexander Hamilton, the nation’s first treasury secretary, is expected to stay on the front, with the Treasury Department remaining on the back, Thomas Ferguson, director of the Bureau of Engraving and Printing, said in an interview.

Various efforts have emerged to put former President Ronald Reagan on the nation’s currency, on the $10 bill or the $20 bill, or possibly the dime. However, thus far, they have gone nowhere.

http://www.msnbc.msn.com/id/6122483/?GT1=5100
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Endangered Specie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-28-04 03:28 PM
Response to Original message
1. Looks like funny money to me.
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MsUnderstood Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-28-04 03:29 PM
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2. and do you know why
Because our economy is going so poorly that the 50 will become the new 20 and they want to avoid the huge counterfeiting problems with ole Andrew.

You notice right now locations won't take anything more than a 20? Well if you fix the 50, that won't happen so prices can be raised up.

Feed a family of 4 at McDonald's for under $20? Not if they will accept the 50. . .

I know, I know I'm paranoid and delusional (but that doesn't mean I'm not right)
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Reverend_Smitty Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-28-04 03:30 PM
Response to Original message
3. I've always wondered why...
Grant was on the $50 bill, sure he was a great general, but as a president he sucked. Is there a story behind this? because if there is I'd like to know
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SaveElmer Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-28-04 03:44 PM
Response to Reply #3
5. Not reserved for Presidents
Hamilton and Franklin weren't Presidents. Grant was a great man with a real up by his bootstraps story. In eight years he went from selling firewood to being President of the U.S. Sure his Presidency was below average (though not as bad as is usually portrayed), but the guy (with Lincoln and Sherman) saved the Union.
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johnnie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Sep-28-04 03:32 PM
Response to Original message
4. It reminds me of that episode of the Simpsons
When Homer gets kidnapped by those Austrians or whatever. And when they open the briefcase with the ransom money in it one of the kidnappers says "Our money looks so gay". I don't know..it just made me think of that.
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