OxBlog

Monday, May 03, 2004

# Posted 11:56 PM by Ariel David Adesnik  

STOP PLAYING WITH MY MONEY!!! Why didn't anyone tell me about the new Louisiana Purchase commemorative nickel? I was emptying pockets just now and saw what I figured must be a Canadian nickel, so I was feeling pretty ripped off. But then I took a closer look.

My first thought was: Which Bush administration offficial decided to mint a coin honoring successful American negotiations with France? Was this the brainchild of ironic liberal bureaucrats at the Treasury Department? Or had the neo-conservative cabal decided to mock the French for getting suckered in one of the worst real estate deals in recorded history?

As far as I can tell, the answer is 'neither'. Amazingly, the US Mint has designed a memorial to the Louisiana Purchase that doesn't even suggest that the French had anything to do with it. Instead, the back side of the nickel depicts an American soldier shaking hands with a Native American. Above the clasped hands are a peace pipe and a tomahawk.

Talk about no sense of irony. What do you suppose that the American soldier is telling his Native counterpart? "I just bought your home from the French"? As it turns out, the clasped hands & peace pipe design was first used on medals that the Jefferson administration minted in preparation for the Lewis & Clark expedition. The explorers then gave the medals to native chiefs and other dignitaries as signs of friendship.

The reverse of the friendship medals, much like today's nickels, had a portrait of Thomas Jefferson. What an egomaniac. Imagine if George Bush put his own portrait on the Iraqi dinar. Well, at least Bush is trying to promote democracy in Iraq. Jefferson and his successors were more interested in a permanent occupation. (I guess if the NYT were in business back then, it would insist that the United States had gotten itself into a quagmire in Nebraska.)

Anyhow, while we're on the subject of coins, I'd just like to state for the record that all the new state quarters are boring and dumb. Do I really need a picture of a race car on my Indiana quarter? No offense meant to any Hoosiers or racing fans (both of whom I like), but shouldn't our money be a little more dignified? What's next? A shirtless David Hasselhoff on the California quarter?

Also, I don't want there to be fifty different coins. Yes, I know the government makes a lot of money by creating instant collectibles. Even the new Jefferson nickels are expected to result in a $100 million profit. And it is good to see the government coming up with innovative market-based revenue plans. Maybe I could've accepted 13 quarters, one for each of the original states. But fifty is just ridiculous.

Oh, and while I'm ranting, I think that the next three Americans to get their own coins should be Harry Truman, Martin Luther King Jr. and Eleanor Roosevelt. They bumped Franklin off of the half dollar and replaced him with Kennedy in 1964. OK, so maybe they should've issued JFK coins for a couple of years as a tribute. But isn't Franklin just a little more important? And what exactly are we honoring Kennedy for? He got us into a quagmire!

MLK Jr. got shot four years after JFK and what did he get? Nothing. Why? Because that's the way The Man wanted it. It's not like I'm saying we should put Malcolm X on the dime. But what if we take JFK off the half dollar and give it to Martin? Or what about the golden dollar? It's not like too many people really care about Sacagawea.

Now, Harry Truman, what he really deserves is to be on the Russian ruble. Every time a Russian spends money in a free market, he or she has Harry Truman to thank. (We've heard rumors of the Reagan dime, but he isn't dead yet. And he didn't win the Cold War!) Of course, since Truman won't be getting his due from the Russians, I figure we should thank him for all that he did.

Finally, Eleanor Roosevelt. She was so multilateralist she helped found the United Nations. She also played a big role in coming up with its Declaration of Human Rights. And she's a woman. And she was gay. Now that's what I call killing two birds with one stone.

Finally thoughts? Yes. Put Jimmy Carter on a coin whose value is indexed to the rate of inflation. And is only legal tender in Europe.
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