Should America Get Rid of the $1 Bill?

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Should America Get Rid of the $1 Bill?
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Submitted by: Unknown (via The Week)
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According to the latest report from the U.S. Government Accountability Office (GAO), phasing out the iconic one dollar bill and replacing it with coins will save the taxpayer $4.4 billion over 30 years, due to the latter's superior durability (coins last 30 years, whereas bills are typically good for 5 years). While the dollar coin has been in mint production since 1794, it has never quite caught on with the American public, forcing the Federal Reserve, which holds 1.4 billion of the 2.4 billion coins currently in circulation, to suspend its production last year. The GAO report came as the Congress began seeking ways to save money on minting at a House subcommittee hearing earlier on Thursday.

That Awkward Moment of the Day: Quebecois Reporter Can't Use Touch Screen

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This reporter for Quebec's 24 hour news channel Le Canal Nouvelles struggles to keep it together while using the fancy touch screen display and writes a new chapter in the history of awkward live newscasts.

Not a Single Damn of the Day

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A drunk pedestrian with a mild resemblance to Overly Attached Girlfriend pulls a solid videobomb during a live news report on the United States Grand Prix that took place over the weekend in Austin, TX.



Not a Single Damn of the Day is a feature series that celebrates some of the most laid back animals and carefree people in our everyday lives.

You Saw This Coming of the Day: Hostess Halts Operations and Begins Liquidation Process

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Hostess, the maker of Twinkies and Wonderbread, is on the express lane to liquidation after a union strike that began last week had crippled its production and delivery lines. It's no secret that the American bakery manufacturer has been in financial decline; the company initially filed for Chapter 11 Bankruptcy back in 2004, which lasted for five years before resurfacing as a private company in 2009, only to declare bankruptcy again earlier this year in January 2012. According to Hostess' spokesperson, all of its business operations have been suspended in 33 plants across the country and most of its 18,500 employees will lose their jobs as a result of the liquidation. Today's news has already prompted a mourning period on the Internet with various tributes to Hostess, including this "Ode to Hostess" mashup by YouTuber Meldude10.



You Saw This Coming of the Day is a feature series following the latest news in current events that have been on the ticking clock, as well as social media commentaries that are predictable or cyclical in nature.

You Saw This Coming of the Day

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You Saw This Coming of the Day
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As expected, a fog of war is looming over the Gaza Strip (and on Twitter) following the Israeli Defense Force's air strikes yesterday that killed the Hamas military commander Ahmed al-Jabari and Hamas' retaliatory missile attacks overnight. As of 5:30 p.m. (ET) today, three Israelis and 19 Palestinians have been confirmed as casualties of the hostile exchange, during which 250 target sites were struck by the IDF and 274 rocket missiles were launched by Hamas militants. The toll is expected to rise as IDF reportedly began mobilizing 30,000 reserves along the border. Meanwhile on Twitter:

  • The Israeli Defense Forces (IDF) took the news of airstrike operations to Twitter as its jets began attacking.
  • Within minutes, Hamas announced that its top leader had been assassinated by Israeli planes via Twitter.
  • Around the same time, IDF spokesman's office uploaded videos of air strike footage onto YouTube.
  • Twitter users responded with pro-Israeli #PillarOfDefense and pro-Palestinian #GazaUnderAttack hashtags.



You Saw This Coming of the Day is a feature series following the latest news in current events that have been on the ticking clock, as well as news and social media commentaries that are predictable or cyclical in nature.

Hard Knock Life of the Day

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Submitted by: Unknown (via Reddit)
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YouTuber fatos21 brings us this FAIL compilation illustrating how dangerous being a television news reporter can be.

Inexplicably Funny of the Day

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"From Orange County, Gustavo Almadovar, Channel 9 - Eyewitness News."

See more at WIN!