The new 100 dollar bill...

nooshinjohn

Anyone seen these yet?

http://www.fancast.com/tv/The-Colbert-Report/94816/1475241500/The-Colbert-Report-4-21-2010/videos?cmpid=FCST_hp_xfinitytv

Systems

Thats a link to the Colbert report...am not seeing any pics of the bill..

concealer404

That's a link to a streaming video... am not seeing anything at all..

bobman1235

The thing I don't understand about all these anti-counterfeit measures is.... old currency is still legal tender. So nothing is to stop you from counterfeiting old 100 dollar bills and using them, circumventing all of these new security measures. Right?


Since people can't seem to figure out how to Google Image search :

KrazyMofo24

http://www.csmonitor.com/Innovation/Horizons/2010/0421/US-Treasury-New-100-dollar-bill-needs-3D-tech

nooshinjohn

Lorthos wrote: »

Thats a link to the Colbert report...am not seeing any pics of the bill..

Colbert is making a joke about the bill about two minutes in...

leroyjr1

Doesn't really matter to me because all I ever see is singles and fives.:)

Amherst

bobman1235 wrote: »

The thing I don't understand about all these anti-counterfeit measures is.... old currency is still legal tender. So nothing is to stop you from counterfeiting old 100 dollar bills and using them, circumventing all of these new security measures. Right?


Since people can't seem to figure out how to Google Image search :

That's what I've been doing. Easy.

FiveORacing

I'll give you fifty dollars for it, that's about all it's worth.

mhmacw

bobman1235 wrote: »

The thing I don't understand about all these anti-counterfeit measures is.... old currency is still legal tender. So nothing is to stop you from counterfeiting old 100 dollar bills and using them, circumventing all of these new security measures. Right?


Since people can't seem to figure out how to Google Image search :

not every body would catch it but it would be a bit suspish if a circa 1980 c note was passed in mint condish eh?

Systems

Your my hero:)

bobman1235 wrote: »

The thing I don't understand about all these anti-counterfeit measures is.... old currency is still legal tender. So nothing is to stop you from counterfeiting old 100 dollar bills and using them, circumventing all of these new security measures. Right?


Since people can't seem to figure out how to Google Image search :

Ron-P

Seriously, why bother wasting (money), time and doing crap like this. Do away with all froms of cash and checks and make the world 100% electronic.

I honestly cannot believe people still write checks, seriously, get an f'ing Visa card and be done with it. So much easier to track your expenses, so much easier to use, so much easier to carry around. So many pros to credit and debit cards, and so many cons to paper money and checks.

cheddar

It's great for businesses that train their employees on what to examine in the new bills. But for the average joe, every time they change money, it's the new stuff that looks counterfeit for a while...

madmax

I figured president Obama would have been on it.

bobman1235

Ron-P wrote: »

I honestly cannot believe people still write checks, seriously, get an f'ing Visa card and be done with it. So much easier to track your expenses, so much easier to use, so much easier to carry around. So many pros to credit and debit cards, and so many cons to paper money and checks.

Yeah, I can't wait to buy lemonade from the kids down the street using their card swiper. :rolleyes:

Ron-P

Oh, it'll happen, just give it more time. We will go paperless, just wish it was sooner rather then later. And F the little kiddies and there stands.

Toxis

Ron-P wrote: »

Seriously, why bother wasting (money), time and doing crap like this. Do away with all froms of cash and checks and make the world 100% electronic.

I honestly cannot believe people still write checks, seriously, get an f'ing Visa card and be done with it. So much easier to track your expenses, so much easier to use, so much easier to carry around. So many pros to credit and debit cards, and so many cons to paper money and checks.

While I'm agreeing with you, gotta think of the elderly who refuse to learn how to use a computer so this would only be problems for them. When was the last time you saw someone under the age of 50 writing a check? I have to mail a check for my car payment (small bank) and for the trash bill (again, small company) and that's it. So one box lasts me a year...

exalted512

I could probably count on one hand how many checks Ive made in the last year...my check books last forever.
-Cody

cfrizz

bobman1235 wrote: »

Yeah, I can't wait to buy lemonade from the kids down the street using their card swiper. :rolleyes:

ROTFLMAO!!!!:D Good one Bob.

Amen about the checks lasting forever. I had gone through about 5 bank names with the checks probably close to 10 years old & still had to throw away half the box when I moved 2 years ago & got new checks with the correct address. And out of the new box I have only written out 15 checks!

Demiurge

madmax wrote: »

I figured president Obama would have been on it.

The canvas is only so big to fit a head.

Sherardp

Saw this on Japanese news last night. Congrats on the new bill guys. I just wish our currency was worth more. 80 yen to $1 US just isn't cutting it.

Damn maybe time for me to come home.

comfortablycurt

Ron-P wrote: »

Seriously, why bother wasting (money), time and doing crap like this. Do away with all froms of cash and checks and make the world 100% electronic.

I honestly cannot believe people still write checks, seriously, get an f'ing Visa card and be done with it. So much easier to track your expenses, so much easier to use, so much easier to carry around. So many pros to credit and debit cards, and so many cons to paper money and checks.

That's ridiculous. I don't even have a credit card, an ATM card, debit card or anything else of that nature.

99.9% of my transactions are cash, and I have ABSOLUTELY NO desire to ever change that. I barely ever even write checks, unless I have to.



What pro's are there to credit cards? Being in debt up to your eyeballs and overspending on things that you can't afford, simply because you can? Ever heard of interest? Yeah...there's no interest on cash purchases.

hearingimpared

madmax wrote: »

I figured president Obama would have been on it.

. . . and protesting leaving, "In God We Trust" on it!:eek::D

Demiurge

comfortablycurt wrote: »

What pro's are there to credit cards? Being in debt up to your eyeballs and overspending on things that you can't afford, simply because you can? Ever heard of interest? Yeah...there's no interest on cash purchases.

People responsible with their money think it's ridiculous to pay cash for things when the credit card companies are giving out free money. I have made a lot of money off of American Express, specifically, over the years.

There's no interest at all when you pay your bill every month.

If you're not responsible with your money, you are smart to stick with cash.

comfortablycurt

Demiurge wrote: »

People responsible with their money think it's ridiculous to pay cash for things when the credit card companies are giving out free money. I have made a lot of money off of American Express, specifically, over the years.

There's no interest at all when you pay your bill every month.

If you're not responsible with your money, you are smart to stick with cash.

Fact is, most people aren't responsible with their money, and most people would way overspend if they had a credit card. That's why credit card companies have an approval process. Not everyone is responsible enough to have one.

I'm not sure if you guys are aware of it...but there's a bit of an economic crisis going on at the moment. What happens when you all of a sudden lose your job, and you can no longer afford to pay your credit card bill? Call up the credit company and tell them "sorry, I lost my job, can you wait a few months?"? Yeah...it doesn't work that way.

Fact is...**** happens. A lot of people in the world are essentially living paycheck to paycheck. They don't have a nest egg to fall back on. Sometimes an unseen expense comes up, and they can't make that credit card payment. So, then they'll cover that unseen expense with the credit card, just so they can make the credit card payment. This further jacks up the credit card bill, and puts you even more in debt, when you can't even afford the debt that you already have. I won't even get into the people that pay their credit card bills with other credit cards, because they've built up so much debt.

This is why there are so many people in this country with vast amounts of credit card debt. They encourage you to go out and spend spend SPEND!!! Whether or not you can afford it is of no concern to them.


Yes, some people are in a higher income bracket, and are easily able to make those credit card payments.

Know how much money I made last year? A little less than $10,000. I live paycheck to paycheck. I'm responsible with my money, and I know how to stretch a dollar. I have absolutely no desire to ever have a credit card though, and I never will.

People need to live within their means, and for many people, having a credit card is extremely counter productive to that.

If I can't use cash or a check, I don't want to do business with you.

Demiurge

comfortablycurt wrote: »

Fact is, most people aren't responsible with their money, and most people would way overspend if they had a credit card. That's why credit card companies have an approval process. Not everyone is responsible enough to have one.

I'm not sure if you guys are aware of it...but there's a bit of an economic crisis going on at the moment. What happens when you all of a sudden lose your job, and you can no longer afford to pay your credit card bill? Call up the credit company and tell them "sorry, I lost my job, can you wait a few months?"? Yeah...it doesn't work that way.

Fact is...**** happens. A lot of people in the world are essentially living paycheck to paycheck. They don't have a nest egg to fall back on. Sometimes an unseen expense comes up, and they can't make that credit card payment. So, then they'll cover that unseen expense with the credit card, just so they can make the credit card payment. This further jacks up the credit card bill, and puts you even more in debt, when you can't even afford the debt that you already have. I won't even get into the people that pay their credit card bills with other credit cards, because they've built up so much debt.

This is why there are so many people in this country with vast amounts of credit card debt. They encourage you to go out and spend spend SPEND!!! Whether or not you can afford it is of no concern to them.


Yes, some people are in a higher income bracket, and are easily able to make those credit card payments.

Know how much money I made last year? A little less than $10,000. I live paycheck to paycheck. I'm responsible with my money, and I know how to stretch a dollar. I have absolutely no desire to ever have a credit card though, and I never will.

People need to live within their means, and for many people, having a credit card is extremely counter productive to that.

If I can't use cash or a check, I don't want to do business with you.

I'm not sure why you're ranting and raving. You made false statements and I corrected them.

It is illogical to pay for my $90 in groceries with cash when I can charge it to my credit card, get my statement at the end of the month, pay it in full, and get a percentage back from my credit card company to do so.

I get paid to use a credit card and you end up spending more money by using cash.

Yes, if you're irresponsible with your money you will probably get yourself into debt. The problem is not with the credit card it's with you.

(I'm using the general 'you' so don't get all bent out of shape again, please.)

cheddar

Sherardp wrote: »

Saw this on Japanese news last night. Congrats on the new bill guys. I just wish our currency was worth more. 80 yen to $1 US just isn't cutting it.

Damn maybe time for me to come home.

Yeah, I have no idea what cheap metal the one yen coin is made of. It's so light it feels like plastic play money in your hand. Pretty sad that thing is worth more than our penny...

Fireman32

I am now living on a cash only system (debit card) and no more credit cards. This way I can never go into more debt. If I cant pay for it in cash I wont buy it. I have got hooked on the Dave Ramsey show and im currently going through his financial peace university. I am on a strict written budget and it has been the biggest help to me. My plan is to never have a credit card again.

bobman1235

comfortablycurt wrote: »

That's ridiculous. I don't even have a credit card, an ATM card, debit card or anything else of that nature.

99.9% of my transactions are cash, and I have ABSOLUTELY NO desire to ever change that. I barely ever even write checks, unless I have to.



What pro's are there to credit cards? Being in debt up to your eyeballs and overspending on things that you can't afford, simply because you can? Ever heard of interest? Yeah...there's no interest on cash purchases.

Debit cards != credit cards. They're just another way to move cash around. The benefit is if you lose them, your money isn't GONE. Also, you can rent a car.

cfrizz

Demiurge wrote: »

People responsible with their money think it's ridiculous to pay cash for things when the credit card companies are giving out free money. I have made a lot of money off of American Express, specifically, over the years.

There's no interest at all when you pay your bill every month.

If you're not responsible with your money, you are smart to stick with cash.

+1 on this Curt. I have NEVER carried a balance on any of my cards nor do I ever intend to do so. If I can't afford it, I don't buy it.

It's called PERSONAL RESPONSIBILITY. The charges won't just magically appear on the statement you know!

cfrizz

comfortablycurt wrote: »

Fact is, most people aren't responsible with their money, and most people would way overspend if they had a credit card. That's why credit card companies have an approval process. Not everyone is responsible enough to have one.

I'm not sure if you guys are aware of it...but there's a bit of an economic crisis going on at the moment. What happens when you all of a sudden lose your job, and you can no longer afford to pay your credit card bill? Call up the credit company and tell them "sorry, I lost my job, can you wait a few months?"? Yeah...it doesn't work that way.

Fact is...**** happens. A lot of people in the world are essentially living paycheck to paycheck. They don't have a nest egg to fall back on. Sometimes an unseen expense comes up, and they can't make that credit card payment. So, then they'll cover that unseen expense with the credit card, just so they can make the credit card payment. This further jacks up the credit card bill, and puts you even more in debt, when you can't even afford the debt that you already have. I won't even get into the people that pay their credit card bills with other credit cards, because they've built up so much debt.

This is why there are so many people in this country with vast amounts of credit card debt. They encourage you to go out and spend spend SPEND!!! Whether or not you can afford it is of no concern to them.


Yes, some people are in a higher income bracket, and are easily able to make those credit card payments.

Know how much money I made last year? A little less than $10,000. I live paycheck to paycheck. I'm responsible with my money, and I know how to stretch a dollar. I have absolutely no desire to ever have a credit card though, and I never will.

People need to live within their means, and for many people, having a credit card is extremely counter productive to that.

If I can't use cash or a check, I don't want to do business with you.

Yes stuff does happen & I am right now without a job, but I'm doing just fine (at least short term) with a cc that will be paid in full come May 1st. I'll be sure to watch my expenses closely & will continue on.

You talk as if, if you suddenly had a cc, someone would put a gun to your head & force you to use it!

It's just a piece of plastic, YOU are the one who has control over whether or not you pull it out of your wallet.

Yes, credit card companies encourage you to use it, that doesn't mean you HAVE to do so, or use it to such an extent that you end up with thousands of dollars worth of debt.

My credit cards are the least of my worries. What will cause me serious problems will be the $601.55 I will have to pay every month for COBRA. In order to pay it up till May 31st I had to send them a check for $933 & change! Needless to say I won't be getting that much in unemployement!

Again it is all about personal responsibility. You are the sort who could handle a cc just fine if you could think rationally about it.