NH considering cutting toll discount

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Re: NH considering cutting toll discount

Postby mmoy » Fri Feb 27, 2009 10:36 am

State DOT has a lot of projects that they want to do and we're an easy target for funding.
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Re: NH considering cutting toll discount

Postby Michael Pelletier » Sat Feb 28, 2009 7:16 am

Ann Goldman wrote:When I moved to Merrimack the tolls were 25 cents with a 50% discount. The tolls then doubled to 50 cents - all under Republican rule - Bernie Streeter was our executive councilor at that time.

So you're talking about the period following the massive inflation of the late 70's, right?

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Looks like President Carter managed to pull a U-turn in the inflation rate there in 1977 that lasted into 1981. Plug a quarter into an online inflation calculator for an illustration of the pressures on the toll prices - what cost 25 cents in 1965 would cost 86 cents in 1985.

I'm sure you're old enough to remember when our coins were still made out of silver, and when the Federal government switched them to copper and nickel tokens in 1965 - see the correlation on the graph above?
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When you tap a silver coin with another coin, it sings out a beautiful tone that sounds like "monEEEEEeeeeeeeeeeeee..."

The Federal government's debauching of the quarter can't be laid at the feet of New Hampshire Republicans, no matter how hard you try.

For that matter, every time the Federal Government inflates the currency, New Hampshire legislators take a pay cut. A sum of $200 used to be about 10 ounces of gold before Franklin D. Roosevelt and his intellectual heirs got their mitts on the country. Now, the metal in a quarter is worth two and a quarter cents.

Given the massive spending Obama has pushed through in the past 30 days, putting even the outrageous profligacy of the Bush administration to shame, it looks like the NH legislature is going to be taking yet another pay cut.
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Re: NH considering cutting toll discount

Postby Wayne » Sat Feb 28, 2009 9:52 am

Michael Pelletier wrote:The Federal government's debauching of the quarter can't be laid at the feet of New Hampshire Republicans, no matter how hard you try.

I have no idea what your point is. I do know that Jimmy Carter had nothing to do with highway tolls in Merrimack... or this thread. The tolls were implemented by Republicans, and maintained by both Republicans and Democrats. They provide significant income to NH government, and fairness has not been an issue for either party. Tolls are not partisan. Apparently you just haven't lived here long enough to realize that.
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Re: NH considering cutting toll discount

Postby mmoy » Sat Feb 28, 2009 10:24 am

Federal coins are still made out of silver.

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Re: NH considering cutting toll discount

Postby Michael Pelletier » Mon Mar 09, 2009 2:42 am

mmoy wrote:Federal coins are still made out of silver.

The fact that $13.25 worth of silver is marked "ONE DOLLAR" and $935 worth of gold is marked "FIFTY DOLLARS" should tell all Americans something very important, if we only we can tear ourselves away from American Idol long enough to actually understand what that is.

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Re: NH considering cutting toll discount

Postby mmoy » Mon Mar 09, 2009 6:34 am

You missed platinum - a bargain right now.
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Re: NH considering cutting toll discount

Postby Michael Pelletier » Tue Mar 24, 2009 1:20 am

mmoy wrote:You missed platinum - a bargain right now.

The word "dollar," unlike the phrase "troy ounce," is not a unit of weight of platinum, only of gold and silver.
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