Apparently, there’s yet another crazy idea floating around in Washington–and by “crazy,” I mean “no one has stopped to consider the ramifications of this on Main Street.” A bill recently introduced by Rep. David Schweikert (Ariz.) and Rep. Jeb Hensarling (Texas) is aimed at retiring the dollar bill.
Okay. At first glance, the math makes sense, given what paper currency costs to produce.
But.
When you think about it a moment longer, from a local brick and mortar’s point of view, a few glaring realities come to light: [click here to continue…]
by Cinda Baxter on September 27, 2011
in Real World
Add this to the list of absurd, over-the-top, flat out ridiculous ideas that prove human brains do, on occasion, short circuit. From CNN Money: “Missoni for Target rain boots hit eBay for $31,000.” The lunatic woman listing them claims she won’t budge on the price since (here’s the kicker) the money is for her child’s college education.
Uh, yeah. Great financial planning strategy (not).
Color me crazy, but if someone’s got $31,000 to drop on a pair of rubber boots, I’m willing to bet the Missoni in their closet is from a couture showroom, not something they’d see high school kids wear to the mall.
I couldn’t make this stuff up if I tried. :::sigh:::
Thanks to Des Bennett (The Perfect Touch) in Tulsa, OK for the news tip.
One finger or two? Both are legitimate.
Hearing about a Minnesota woman who sold her car, only to learn later the stack of $100 bills was nothing but counterfeit, made me wonder: How many merchants can spot a fake when it slides across their counter?
Sure, there are counterfeit pens you can use to test each one, but odds are, you’re not testing each and every $5, $10, and $20; most (all) are the real deal. Just in case, though, here’s a quick study guide to help you and your staff pick up on hints that it might be time to grab the marker after all.
http://www.secretservice.gov/know_your_money.shtml
If anything, it’s an interesting read (especially number 3 on the list—Design Features Which Vary On Genuine Currency—which demonstrates how much we don’t notice when looking at a bill).
Independent merchants in the hobby, craft, and framing industries have long spoken about misleading practices by Michaels stores—most specifically, advertising deep discounts while actually charging full price.
Well, as the saying goes, the chickens have come home to roost. [click here to continue…]
Spotted just inside the entrance of Borders Books in Mansfield, MA:
As a nearby retailer elloquently put it, “Do you think they are a little bitter? No wonder they are closing….”
Thanks to Ann Foley-Collins (Glee Gifts) for sharing this. Wow.
Independent business owners are often stunned upon learning about the plethora of financial incentives offered to big boxes by cities hoping to snag the next big supercenter. From deep property tax discounts to long term cash infusions to (in the most radical cases) negotiated sales tax payments, the rules are anything but consistent. Big guys get big deals; little guys pay full fare. [click here to continue…]
Apparently, there’s yet another crazy idea floating around in Washington–and by “crazy,” I mean “no one has stopped to consider the ramifications of this on Main Street.” A bill recently introduced by Rep. David Schweikert (Ariz.) and Rep. Jeb Hensarling (Texas) is aimed at retiring the dollar bill.
