Money, money, money

Re: Money, money, money

Postby CielOnTap on Fri Mar 18, 2011 8:17 pm

Canadians are getting plastic bills later this year. Another monetary change--metal composition of the coin currency. Let's hope the lighter coins won't get rejected by payphones which no longer give change.

News Toronto & GTA
Lighter Loonies, Toonies coming your way
By IAN ROBERTSON , Toronto Sun
Last Updated: March 17, 2011 9:12pm

They’re not heavy — they’re your new, lighter Loonies and Toonies. The weight, look, feel and metal makeup of Canada’s $1 and $2 coins will be subtly changed later this year, a Royal Canadian Mint spokesman said Thursday.
Play Video They’re not heavy — they’re your new, lighter Loonies and Toonies.

The weight, look, feel and metal makeup of Canada’s $1 and $2 coins will be subtly changed later this year, a Royal Canadian Mint spokesman said Thursday.

Downsizing the weight is a welcome relief for anyone who grumbled about heavy coins overloading purses and wearing pant pockets ragged when Loonies replaced $1 bills starting in 1987. Toonies began taking over from $2 notes in 1996.

Government officials estimate they will save $15 million a year using cheaper metals for the two coins.
http://www.torontosun.com/news/torontoandgta/2011/03/17/17659961.html

I like the old-style metal vending machines. There are some soda-vending machines that are bulkier looking plastic and metal units but they don't seem sturdy. Less tippable but the plastic does seem rigid. I'm not looking forward to plastic money at all.
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Re: Money, money, money

Postby fishandchips on Sat Mar 19, 2011 10:47 am

Like the paper bills that got replaced by coins, collectors will likely save some of the circulating coins for resale/auction before the lighter coins get into circulation.

I'd like the $1 and $2 bills back, pronto.
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Re: Money, money, money

Postby CielOnTap on Tue Apr 19, 2011 5:52 pm

Something called incentives or tax breaks are items that help municipalities to attract businesses to set up in those areas. Economic development departments have the task of pitching the programs to prospective companies with potential to create jobs and add tax base.

Well, in British Columbia, a newspaper has looked into incentives received by the Great Canadian company that runs River Rock casino. Besides revealing that some companies tapped to perform services for the casino were owned by people who were also casino executives, there is also the discovery that training costs in one case got approval yet the rules for the incentive do not allow coverage for training. Hmmm...
http://www.vancouversun.com/business/Government+program+allows+Great+Canadian+recoup+various+capital+costs/4638089/story.html

What wasn’t eligible for FDCs?

According to BCLC guidelines, the short list of categories that are not eligible includes “All costs deemed to be staff training in nature.”

The leaked documents, however, show an FDC claim for $110,000 that was approved for “craps & poker pre-operating consulting.”
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Re: Money, money, money

Postby guitarblues on Tue Apr 19, 2011 8:25 pm

Casinos take time to build. Once the theme has its run of "thrillseekers" and people who check out the new place, management has to bring in interesting acts or commit to renovations on a regular basis to keep the casino in the market.

Casinos bring in money but also attract people hoping to make money faster than in a job or lottery. The downsides of a big loss are not good. People lose people through gambling.
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Re: Money, money, money

Postby guitarblues on Mon May 02, 2011 10:04 pm

Would selling rolls of copper pennies be worth more at a scrapyard than selling them for paper at the bank?
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Re: Money, money, money

Postby CielOnTap on Fri May 27, 2011 7:58 pm

Foxconn, a Chinese company known best for its employees' suicides and awful work conditions at a factory making Apple iPads, had worker deaths at one of its sites recently.

Kara Swisher

Third Foxconn Worker Dies Due to Explosion, Apparently Caused by “Combustible Dust”May 22, 2011 at 10:54 am PT
A third worker has died from an explosion at a Foxconn plant in China that makes Apple products, the contract manufacturer said on Sunday.

The company said it is still investigating the blast, but said initial findings suggest “that the accident was caused by an explosion of combustible dust in a duct.”

Foxconn said it has halted production at that plant and similar plants pending the investigation. The facility is believed to make Apple’s iPad.

http://allthingsd.com/20110522/third-foxconn-worker-dies-due-to-explosion-apparently-caused-by-combustible-dust/

If dust in a duct is being blamed for the blast, what other maintenance issues lurk at Foxconn? Electronics environments need to be kept clean and dust-free. What was the source of the dust? Lastly, will the deceased workers' families get compensation?
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Re: Money, money, money

Postby CielOnTap on Sun Oct 02, 2011 3:04 pm

Protests against Wall Street greed continue, with yesterday's Brooklyn Bridge march and arrests. In addition to New York City, protests have taken place in Los Angeles, Boston and Albuquerque.

Concern about the police's method of arresting people or indicating that the roadway was off-limits to protesters:
None of the protesters interviewed knew if the bridge march was planned or a spontaneous decision by the crowd. But all insisted that the police had made no mention that the roadway was off limits. Ms. Day and several others said that police officers had walked beside the crowd until the group reached about midway, then without warning began to corral the protesters behind orange nets.


Questions asked of NYC commandants' conduct at protests:
http://www.nytimes.com/2011/10/03/nyregion/nypds-white-shirts-take-on-enforcer-role.html?_r=1&hp
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Re: Money, money, money

Postby smitty on Mon Oct 03, 2011 1:24 pm

Well slot machines make so much money off the suckers that they can produce their own coins for so many dollars.

I have to admit when obtaining groceries, or something from the shop with tools I needed to other ways I find my spending is through my debit card, or it it is very large like my home insurance cost or insurance for my car then that is my use of the Visa. To even something rare from a shop over the internet or phone, but those I tend to worry about & mark down on a blank page so I will know exactly what to exactly what was the date.

Mind you in mind I feel that gambling places should be eliminated for look at how so many women or men have fallen into drastic money problems.

Though loonies or double loonies, as so many of us older people that use this name, is a pain. Fortunately I do NOT place my coins in to a bottle of pop for I do not drink it, but if it came to a rare private telephone call then it might be different matter though I have not used that for past 6 yrs.

Mind you all these latest computer related gadgets that people simply have to have for that extra money, so something I do not use. I have a desk top PC & my telephone is close to where I sit right now. Proof that I am not the normal person that MUST have one of the latest electronic thing.
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Re: Money, money, money

Postby CielOnTap on Mon Oct 03, 2011 3:18 pm

Bell Canada payphones want 50 cents per call for local calls or a calling card or the prepaid phone card. There are payphones in Toronto with a distinctive light blue colour on their units-they have a different rate for their use. You may have noticed that the March of Dimes commerative dime does not get accepted by payphones as its light content seems to cause its rejection.

Long distance calling on the plan is not beneficial if the total monthly minutes are not used up. A prepaid card looks to be the answer now.
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Re: Money, money, money

Postby smitty on Mon Oct 03, 2011 7:53 pm

Smitty wrote:Then we have to look at Haiti now & realize very few actually worked & pay was something like $2,00. an hour YET now countires, like Cdn & others are thinking of some 10 yrs to build Haiti with NEW buildings with the money supplied by the USA, Cdn, UK & other countries,

Still when you think of it Haiti does not produce anything that other countries find sensible to buy or need, which would be one of many lines of products that other countries want to buy.

That is a bit of hard to earn cash for so many without jobs in other countries to accept as being part of their federal taxes especially these days, but for the next 10 years or more????

Yet many of the better knowen programs are still asking for a lot of money to be donated to help the people in Haiti. Seems they need a lot of food products from other countires along with medical aid to fresh water to you name it!!!!!!!

After WWI to WWII the wining allies went into the lost countries to revive them. Like WWII it was Germany to Italy which was not that hard since they were next to a sensible Govt before all went crazy & came out with top rate products so that as only 5 yrs, but Japan was so diffeerent, but still they built us sensibly & have been producing top rate products after 7 yrs of rebuilding.

How does one rebuild Haiti when it has NEVER had anything likea sensible govt or something that is needed from other like from mines to food products to you name it. Doubt if they will ever be car/truck makers to so much more.

For unfortunately we already know it will take 10+ yrs of our money to equipment, to engineers in rebuilding Haiti & all those yrs we have to be supplying them with food, water, milk, blankets, clothing & such.
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