Word: nickels
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Dates: during 2000-2009
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...Traf-O-Data, that studied traffic patterns for small towns near Seattle. When he was 15 and a tenth-grader, the company grossed $20,000 ... While he was working as a congressional page in 1972, he and a friend snapped up 5,000 McGovern-Eagleton campaign buttons for a nickel each just after South Dakota's George McGovern dumped Missouri Senator Thomas Eagleton from the Democratic ticket. They later sold the scarce mementos for as much as $25 each." Read more at timearchive.com...
...Legal Tender Modernization Act. He's very concerned about the coming penny Armageddon. "At some point you'll find a burgeoning business of people melting them down to metal," says Kolbe, "and selling them back to the Mint for more pennies." Kolbe, who advocates rounding to the nearest nickel, argues that parking meters, Laundromats, transit systems and vending machines don't accept pennies. Merchants hate them and won't let you pay for things with a stack of them. They pile up or get thrown away to such an extent that the Mint made 8 billion new ones last year...
Americans for Common Cents (also known as Mark Weller) says polls show that two-thirds of Americans are loath to let pennies go. Rounding to the nickel, Weller insists, would be manipulated by merchants to screw the consumer. Playing to our patriotism, he cites the coin's tradition. Playing to our guilt, he says penny drives bring charities millions. And playing to our fears, Weller says the penny is a psychological hedge against inflation, a consideration the European Union factored in when it decided to make a one-cent euro coin (though several countries have since effectively banished...
...about time. Real estate developers and casino companies are plowing billions of dollars into low-rent Atlantic City--known for day-tripping seniors, nickel slots and giveaway buffets--in an attempt to reinvent the resort town as a Las Vegas--style destination packed with shows, shops and celebrity chefs. The folks in Jersey see no reason why Vegas should have a lock on garish spectacle and conspicuous spending...
...bargaining over their sentences. "There is mercy in justice," says Jim Parker, pastor at Ashby Baptist Church. "When you actually see who did it, warehousing criminals is not the answer. If you want to teach a lesson, let them spend the rest of their lives paying back every nickel...