“The American people might be surprised to learn that for the past 20 years a handful of lobbyists and lawmakers—mostly from states with mining and metal-processing interests—have been pushing a proposal to take away dollar bills, and force the public to use metal coins instead. The advocacy group promoting the Coins Act has the same address as PMX Industries, a South Korean firm located in Cedar Rapids, Iowa, that supplies the U.S. Mint with the metal used to make dollar coins. The company in 2011 donated a combined $500,000 to the Harkin Institute of Public Policy at Iowa State University named after the senator.”
http://online.wsj.com/article/SB10001424127887324085304579011053541175182.html
Related posts:
Malta to ID buyers of its citizenship after outcry
Army won’t suspend contracts with Al Qaeda-tied companies, citing 'due process rights'
White House Granted Itself ‘High Security Risk’ Healthcare.gov Waiver
Ukraine Pledges to Protect Bank Deposits as Kiev Rally Called
Egypt fears run on its banks as it imposes limit on amount people can withdraw
U.S. to seize New York skyscraper it claims is secretly owned by Iran
Hagel and Kerry make case to Congress for attacking Syria
Scientists cook world’s first lab-grown, in-vitro hamburger
Have US police forces become too militarised?
‘Iran, Eurasian Econ. Union mulling over free trade zone’
California’s biggest community college loses accreditation
Short-term fix eyed for another problem with U.S. healthcare website
Bitcoin-based credit card reportedly due in two months
Global mercury ban would not affect vaccines with thimerosal
10 things baby boomers won’t tell you: The aging Me generation is still putting itself first