Can't even print money right anymore

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themadscientist
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I have increasingly thought dollars were flawed, now they are actually flawed.
Idiots. They should have outsourced production to China. Same crappy quality, lower production cost.

http://www.cnbc.com/id/40521684
A significant production problem with new high-tech $100 bills has caused government printers to shut down production of the new notes and to quarantine more than one billion of the bills in huge vaults in Fort Worth, Texas and Washington, DC, CNBC has learned.
Print faster, the Fed and the banksters need more funny money! :slap:


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sx moneypit
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Good lord. :facepalm: More money down the drain.

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themadscientist
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It's just paper with numbers on it; the real loss is not as significant as the face value would suggest; kind of like a misprinted contract that gets shredded.. It doesn't have any real value except what the confidence in the United States is at the time. I just find the irony ironic.

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sx moneypit
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It just costs us money to sort it out and shred it.

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nissangirl74
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How in the hell did it take them so long to find the problem? :gotme
Idiots. :squint:

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Rev_D21
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It's Obamas fault!

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nissangirl74
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Reverend D21 wrote:It's Obamas fault!
he had help

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Encryptshun
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Yup, certainly the POTUS had direct visibility and influence over the QA process at the printing house. Come on, people, be realistic.

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tmeyer29
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time to move to Australia, stupid us government

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s0m3th1ngAZ
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You'd think they'd catch that after the first 500 million were printed wrong...

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Encryptshun
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Why don't they just sell the defective bills at BigLots for $25 each?

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Dattebayo
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It happens more then you would think, this was probably something that was leaked that wasn't supposed to be...

Defective bills are HIGHLY prized among collectors. They go for huge wads of cash because the federal reserve is extremely good at catching their mistakes.

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themadscientist
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Dattebayo wrote:the federal reserve is extremely good at catching their mistakes.
Really?
http://www.infiniteunknown.net/2010/04/ ... -thin-air/
Fed Chairman Ben Bernanke admitted the central bank created $1.3 trillion out of thin air to buy mortgage backed securities.
It's the Treasury's screw up though, not the Fed's. Bernanke cooks up a voodoo economic move and picks up the green phone and has his buddy Geitner, the tax cheat who now runs the IRS ironically, to print the money to fund the next phase of economic collapse. :facepalm:

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Encryptshun
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Wow, that site you linked to is really....something....TMS.

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Rev_D21
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Encryptshun wrote:Yup, certainly the POTUS had direct visibility and influence over the QA process at the printing house. Come on, people, be realistic.

My original comment was oozing with sarcasm actually.

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Dattebayo
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themadscientist wrote:
Dattebayo wrote:the federal reserve is extremely good at catching their mistakes.
Really?
http://www.infiniteunknown.net/2010/04/ ... -thin-air/
Fed Chairman Ben Bernanke admitted the central bank created $1.3 trillion out of thin air to buy mortgage backed securities.
It's the Treasury's screw up though, not the Fed's. Bernanke cooks up a voodoo economic move and picks up the green phone and has his buddy Geitner, the tax cheat who now runs the IRS ironically, to print the money to fund the next phase of economic collapse. :facepalm:
GAH. PRINTING mistake. Not a financial mistake. Must I really be so specific when I'm obviously talking about botched printing jobs?

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themadscientist wrote:It's just paper with numbers on it; the real loss is not as significant as the face value would suggest; kind of like a misprinted contract that gets shredded.. It doesn't have any real value except what the confidence in the United States is at the time. I just find the irony ironic.
except for the 120 million that it cost to print a bunch of junk.

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themadscientist
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We can print 120 million extra next run, all fixed! I'm not joking, that's the mentality up there and it's killing us.

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themadscientist
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Dattebayo wrote:GAH. PRINTING mistake. Not a financial mistake. Must I really be so specific when I'm obviously talking about botched printing jobs?
Just f-in with ya man, chill out. You are awefully hypersensitive recently. :sad:

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Dattebayo
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This is what happens when you are your buddy's boss at work. I seriously need to stop hiring my friends...

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alms24sebring
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Dattebayo wrote:It happens more then you would think, this was probably something that was leaked that wasn't supposed to be...

Defective bills are HIGHLY prized among collectors. They go for huge wads of cash because the federal reserve is extremely good at catching their mistakes.
Oh yes. Misstamped, double stamped, or even triple stamped coins are worth thousands

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themadscientist
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THAT is true. Nothing will end a freindship quicker except loaning money to them. As soon as you tell them to do something the relationship changes and often gets worse over time.

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Dattebayo
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themadscientist wrote:THAT is true. Nothing will end a freindship quicker except loaning money to them. As soon as you tell them to do something the relationship changes and often gets worse over time.
Well, this one buddy has no respect for the fact I have 12 years of cabling experience and keeps fu*king things up by doing things his way and costing us time, I think I might have to punch the idiot to get him to listen. How you can just walk onto a construction site and think you know how to do everything (when you're an apprentice carpenter, at best) is beyond me.

Sorry, I opened the floodgates on that subject. Back to your regularly scheduled thread...

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themadscientist
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He's not your friend then. A friend wouldn't treat you that way. :nono:

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sbird1
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Coup d' etat!!!

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Encryptshun
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Reverend D21 wrote:
Encryptshun wrote:Yup, certainly the POTUS had direct visibility and influence over the QA process at the printing house. Come on, people, be realistic.

My original comment was oozing with sarcasm actually.
Sorry, Rev. My bad. Sometimes it's hard to tell in today's climate. I could swear I heard someone on Faux News the other day blame Obama for cellulite.

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wingFeather
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Encryptshun wrote:Why don't they just sell the defective bills at BigLots for $25 each?
They could actually sell a bunch of these bills at OVER face value. Collectors pay top dollar for erroneous bills and coins!!! :mike
Encryptshun wrote: Faux News
OMG FOX NEWS OMG OMG OMG. Give it a rest already...

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AppleBonker
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wingFeather wrote:Give it a rest already...
:rotfl

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Encryptshun
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wingFeather wrote:
Encryptshun wrote: Faux News
OMG FOX NEWS OMG OMG OMG. Give it a rest already...
I'm sorry...you are?

Oh yeah. Inconsequential.

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themadscientist
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