According to Sam and Jim Commenting on things that irk us off, make us laugh out loud or just seem too weird too believe According to Sam and Jim: Bring Us Some of Those New Blue Baby Benjamins Bud

Wednesday, October 9, 2013

Bring Us Some of Those New Blue Baby Benjamins Bud

I just finished a meeting with some other writer friends. We’re planning a book faire and author signing for downtown Olympia, November 9. We’re hoping people (like you) bring their newly minted $100 bills and buy our books. Hopefully, people will have plenty of the new $100’s on hand because those pretty blue babies were supposed to start hitting the streets today.

According to a CNN Money article that Sam and I read on line, “the new $100 bill was originally due to reach banks in 2011. But three years ago the Federal Reserve announced that a problem with the currency's new security measures was causing the bills to crease during printing, which left blank spaces on the bills.”

That kind of puts a new wrinkle on the term “folding money,” doesn’t it? So what if there are blank spaces on our money? Hasn’t the U.S. Treasury Department ever heard of “fill in the blanks?” Connect the dots is always fun too. Boy those people have no sense of humor!

Of course, I personally can’t remember the last time I had a $100 bill for folding money. I’m lucky if I have a couple of dollars worth of folding money in my pocket, especially after buying Sam dog food, treats, having him groomed and paying for his doggie daycare.

I didn’t know it, but according to CNN, The $100 bill is actually the second most common bill in circulation, behind only the $1 bill. It's actually slightly more common than the $20 bill. You don’t say? Whenever I stop at the ATM to withdraw some money all I get are 20’s.

“The most recent statistics from the Fed show that as of Dec. 31, there were 10.3 billion $1 bills, in circulation, 8.6 billion $100 bills and 7.4 billion $20 bills, followed by $5's, $10's, $50's and $2's. A little more than 75% of the more than $1 trillion of currency in circulation is in $100 bills. Much of it is held outside the United States.”

Like in China, and all those terrorist countries financing jihad against the United States?

Allegedly, the new $100 bills’ belated debut had nothing to do with the government shutdown - no thanks to John Boehner and cohorts - since the Fed's budget is not included in the current congressional appropriations stalemate.

The new hundred is supposed to have incorporated several new features in its design to make it easier for the public to authenticate, but tougher for counterfeiters to duplicate. Those new design features include a blue, 3-D security ribbon, as well as color-shifting ink that changes from copper to green when the note is tilted. That ink can be found on a large "100" on the back of the bill, on one of the "100's" on the front, and on a new image of an ink well that's also on the front.

According to CNN Money, the image of Benjamin Franklin will still look the same on the current bill, but like all the other faces on newly designed currencies, his will no longer be surrounded by a dark oval (actually, Sam and I thought the oval enhanced his looks. Oh well.).

Except for the $1 and $2 bill, all U.S. paper currency has been redesigned in the last 10 years to combat counterfeiting. Yeah, why bother with chump change?

Don’t worry all you people who have been hoarding the old $100 bills. CNN’s article said “the current design, in circulation since 1996, as well as all previous designs, will still be legal tender, and will likely still be given out to customers by banks for some time to come.”

Well, Sam and I don’t know about you, but if we go to our bank and they try to give us an old $100 bill we’re going to bark up a fit. Poop on antiquated old bucks. We want the pretty new stuff.

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