Tag Archives: money

Federal Appeals Court: “In God We Trust” On Money Is A “Historical Reminder” Not A Religious Endorsement

The Associated Press reports: A federal court has ruled that printing “In God We Trust” on U.S. currency doesn’t amount to a religious endorsement and therefore doesn’t violate the U.S. Constitution. The 7th U.S. Circuit Court of Appeals in Chicago made the ruling Thursday in a lawsuit brought by a self-declared Satanist, Kenneth Mayle. He argued that the motto propagates ...

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Steve Mnuchin Backs Away From Plan To Replace Andrew Jackson With Harriet Tubman On The $20 Bill

CNBC reports: Treasury Secretary Steve Mnuchin put Harriet Tubman’s role on the $20 bill in question. Mnuchin told CNBC on Thursday: “Ultimately we will be looking at this issue. It’s not something I’m focused on at the moment.” Instead, he said he’s concentrating on making sure any tweaks to U.S. currency bills thwart counterfeiters. “The No. 1 issue why we ...

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US Mint On New Coin: Lady Liberty Is Now Black

Well, you know how this is going to go. Via press release from the US Mint:  We have chosen “Remembering our Past, Embracing the Future” as the Mint’s theme for our 225th Anniversary year. This beautiful coin truly embodies that theme. The coin demonstrates our roots in the past through such traditional elements as the inscriptions United States of America, ...

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Canadian Mint Issues Star Trek Coins

Via Nerdist: The Canadian Mint has announced its plans to celebrate the 50th anniversary of Star Trek by releasing a line of coins that can actually be used in financial transactions…if you were so inclined. Some of them are even reasonably priced. The $10 colored coins featuring Kirk, Spock, Uhura, and Scotty are only being sold for slightly over the ...

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Harriet Tubman To Boot Andrew Jackson From $20 Bill

Politico has the scoop: Treasury Secretary Jack Lew on Wednesday will announce a decision to keep Alexander Hamilton on the front of the $10 bill and put leaders of the movement to give women the right to vote on the back of the bill, sources tell POLITICO. Treasury will also announce that it plans to replace former President Andrew Jackson ...

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Atheism Activist Cites Hobby Lobby In Lawsuit To Remove “In God We Trust” From US Currency

“In God We Trust” first appeared on US coins in 1864 and was added to paper currency in 1957 during the height of the red scare. Atheist activist Michael Newdow is trying again to put an end to it, but this time he’s using the Hobby Lobby tactic. Hemant Mehta reports at Friendly Atheist: The federal lawsuit, which was filed ...

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John Oliver On The “Useless Penny” [VIDEO]

John Oliver last night added fuel to a long-running “dump the penny” campaign. TIME reports: On the last episode of Last Week Tonight of the year, Oliver called for a small change that could have big results for the U.S. economy — ending the penny. According to Oliver, 8 billion pennies are produced each year, and in an ironic twist, ...

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New Campaign Seeks To Replace Andrew Jackson On $20 Bill With Famous Women

Via The Week: If the organizers of Women on $20s have their way, you won’t be seeing Andrew Jackson’s face on the $20 bill much longer. Instead of the seventh president of the United States, this new group would like to see Eleanor Roosevelt, Harriet Tubman, Rosa Parks, or Susan B. Anthony staring back on the $20. They’re targeting this ...

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RUSSIA: Ruble Crashes To New Low, Apple Suspends Local Online Sales

Via USA Today: The Russian ruble currency declined sharply against the dollar on Tuesday despite an aggressive intervention just hours earlier by Russia’s Central Bank to halt the slide by hiking its benchmark interest rate to 17%. The ruble fell to a new low of 73 against the dollar on Tuesday. Initially, the ruble reacted favorably to the monetary policy ...

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Wealthiest Americans By State

Embiggen to read the names or go here for an interactive version.

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New $100 Bill Launches Today

$3.5B worth of the redesigned $100 bill is being distributed to banks today. The bill redesign, the first for the $100 bill since March 1996, will still have Benjamin Franklin on the front and Philadelphia’s Independence Hall on the back. It will also have a number of new features that will definitely turn heads. There is a disappearing Liberty Bell ...

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Forbes Issues Updated Billionaires List

Forbes writes: The combined wealth of the Forbes’ 2013 ranking of the richest people in America is $2 trillion, up from $1.7 trillion in 2012 and the highest ever, due in part to the strength of both the U.S. stock and real estate markets. The average net worth of a Forbes 400 member is a staggering $5 billion, the highest ...

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Federal Judge Dismisses Suit To Remove “In God We Trust” From US Currency

A federal judge has dismissed a lawsuit that sought to remove “In God We Trust” from US currency. Judge Harold Baer Jr. of the Southern District of New York ruled Monday that a suit brought by the Freedom From Religion Foundation and others should be dismissed. “The Supreme Court has repeatedly assumed the motto’s secular purpose and effect, and all ...

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Church Sign Of The Day

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Feds Unveil New $100 Bill

It goes into circulation in October. “We made numerous process changes to address the creasing issue and we are back in full production,” said Dawn Haley, a spokeswoman for the Bureau of Engraving and Printing. Haley said those changes include modifying the paper feeder on printing presses to accommodate variations in the paper associated with the 3-D security ribbon. The ...

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Atheist Group Sues Congress To Remove “In God We Trust” From Currency

The Freedom From Religion Foundation has filed a lawsuit demanding that “In God We Trust” be removed from all US currency.  The plaintiffs’ claim that the motto is offensive and forces atheists, agnostics, secular humanists, freethinkers and skeptics to bear a religious message they don’t agree with, and are thus forced, when using U.S. currency, to make a false declaration ...

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REPORT: Gays Earn More, Owe Less

According to a study released yesterday by Prudential, gay people tend to make more and owe less that most Americans. Respondents not only reported significantly higher annual incomes — $61,500 compared with the national median of $50,054 — but they also carried about $4,000 less in debt than the average American and had $6,000 more in household savings. They were ...

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Dollars & G-Strings

Congress is once again considering doing away with the dollar bill, an issue that comes up and is promptly shot down every few years.  Yesterday the New York Daily News went directly to the people for their opinion. The proposal won a hearty endorsement Friday night from workers who handle bills as part of their daily grind. At Sapphire New ...

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Church Sign Of The Day

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Chikin Billionaires Among World’s Richest

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