Showing posts with label money. Show all posts
Showing posts with label money. Show all posts

Tuesday, September 16, 2008

Flattery

A 29 year old man serving as a Republican delegate was allegedly drugged and robbed while in Minnesota the other week.  He was robbed of a watch worth about $30,000 and about $20,000 of other items.

Now, it would be tempting to make fun of the Republican and use the incident to make all sorts of political points.  I'm not going there.  I genuinely feel bad for the guy, even though he's a 29 year old Republican delegate.  He's been the victim of a crime.

What gets me is something he told the reporter: "As a single man, I was flattered by the attention of a beautiful woman who introduced herself to me. I used poor judgment."

I don't know anything about this guy except some basic things about his politics and that he is an attorney.  I don't know what he looks like, what he sounds like, or his personal grooming habits.  But it is difficult for me to imagine that a 29 year old lawyer walking around wearing a watch worth 30 grand, as well as other expensive items, would not customarily be the recipient of attention.  He's not even from a place like New York or L.A. with thousands of other rich young guys to compete with--he's a young, wealthy lawyer from Denver, Colorado.

The sad thing is that he may be a late bloomer who has finally recognized that he can appeal to women, but now has had an experience that may prevent him from trusting women.

Tuesday, May 20, 2008

Making currency accessible

The United States is alone in the world with it making all paper currency the same exact size. Naturally, this makes it difficult for the legally blind to distinguish bill sizes. The District of Columbia Federal Circuit Court has ruled this amounts to discrimination.

Court says money discriminates against blind people


The Treasury Department could go ahead and change bill sizes, but that would probably be the most expensive option and would entail a huge outcry from the people with the habit of getting bent out of shape over unimportant things. Other solutions that have been suggested entail having raised numbers, having rounded or cut-off corners (smaller bills would have more missing corners so you wouldn't be able to "convert" $1 bill to a $100 by ripping off corners), or notches on the top or bottom edge (with the same principle as the corners).

I don't know how blind people see these options and whether any seem much better. I would think that the notches seem the most attractive. It should be easy to implement. With the corners, one would have to be careful that a worn-down bill simply hasn't had a corner folded over.

It could work like this:
  • $1 bill - 4 notches on top left edge
  • $2 bill - 3 notches on top left edge
  • $5 bill - 2 notches on top left edge
  • $10 bill - 1 notch on top left edge
  • $20 bill - 3 notches on top right edge
  • $50 bill - 2 notches on top right edge
  • $100 bill - 1 notch on top right edge
This assumes there is a way to feel what the front of the bill is. It still works if the bill is upside down (it's just the reverse and on the bottom). Another possibility would be to have different type of notches on the right and left; perhaps the left is a 'V' notch and the right is a curved, 'U' notch, or the left has thin notches and the right has wide notches.

Perhaps this could be simplified by eliminating the $1 bill (and even $2 bill). It would take an act of Congress, but we should switch to a $1 coin. The Canadians have $1 and $2 coins, and their money is even more valuable than ours these days.