Skip to content

Messed Up Benjamins

December 10, 2010

Heard about the recent printing gaffe with the new 100 dollar bills?

The US recently unveiled a new, high-tech hundred-dollar bill that sports a 3-D security strip and a color-shifting image of a bell designed to foil counterfeiters.  Initially scheduled for release to the public in February 2011, the release has been put on hold after about 1.1 billion of the bills were found to contain a printing error that resulted from the paper creasing as it went through the printing presses. Depending on the news source, some or all of the newly minted Benjamins are sitting in vaults in Texas and Washington, D.C.

CNBC estimates that to hand-sort through the deluge will take approximately 20 to 30 years, or a mechanized system could be developed that will reduce that time to about a year.

The story got a good deal of publicity, with one blogger (rightly) crying foul when many, many mainstream media outlets cited the original research of CNBC reporters without giving credit to CNBC, and even mangling some of the facts when they reprinted the story.

The PoliticalBitch Says:

We’re all missing the point. This isn’t a government blunder. This isn’t a media point-and-shoot blame game. This is a jobs program! Twenty to 30 years to find the misprinted bills by hand?!?!?   Are you freaking kidding me? This is like manna from Heaven.  This will put several thousand people to work for 5 or 10 years each!

Politicians shout about “jobs, jobs, jobs” and the conservatives love to say, “where are the jobs, Obama?”   They’re staring you in your stupid face and you’re looking right past them.

Twitter Hashtags:  #IWantAJobSorting$100s ; #LemonsIntoLemonade
Advertisements
No comments yet

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: