Tag Archives: coins

The stripper who saved $1 million in singles could be rewarded even more handsomely for her efforts if the 2008 GOP Presidential nominee has his way. John McCain is promoting the COINS Act, which would replace the $1 bill with a dollar coin, which would hopefully lead to bigger tips for exotic dancers. The real impetus is to save billions in printing costs, but The Hill actually asked McCain about a 2011 study suggesting strippers could suffer in a bill-less economy. For his part, the U.S. Senator from Arizona responded in stride in a Capitol Hill hallway: “Then I hope that they could obtain larger denominations.” McCain, 76, started answering questions from another reporter before a smile spread across his face and he shouted to The Hill , “Fives, tens, one hundreds!” McCain’s office did not respond to a request for comment. Officially called the Currency Optimization, Innovation, and National Savings Act, the COINS Act was clearly named just so it would spell out COINS. If passed, the bill would require all U.S. Federal Reserve banks to stop circulating paper $1 bills within five years of the COINS Act going into effect. Sounds like an awesome idea … just like the Sacagawea dollar that was introduced with great fanfare in 2000 and proved almost universally unpopular. Congress.

Originally posted here:
John McCain Pushes For Dollar Coin, Bigger Tips For Strippers