Save the Greenback is an organization of U.S. Bureau of Engraving and Printing employees and paper and ink suppliers opposed to phasing out the paper dollar. The group formed to counter the influence of the Coin Coalition. Their website was inactive as of July 2012.
Public opinion has tended to favor the dollar bill, although in 2000, the Government Accountability Office reported that a full implementation of the dollar coin could save $500 million a year. Save the Greenback successfully prevented a dollar bill phaseout with the help of legislators influenced by special interest groups including Mississippi Senator Trent Lott and Massachusetts Senator Ted Kennedy. Lott's constituency included the powerful cotton industry, which produces fabrics used in the paper dollar; Kennedy's included the Crane Paper Company which produces American banknote paper.
Read more about Save The Greenback: Americans For George, Portrayal in Media
Famous quotes containing the words save the and/or save:
“How little remains of the man I once was, save the memory of him! But remembering is only a new form of suffering.”
—Charles Baudelaire (1821–1867)
“Mad? Is it mad that you destroy other people to save yourselves? You have done this. Is it mad that one country must destroy another to save themselves? You have also done this. How then is it mad that one planet must destroy another who threatens their very existence?”
—Edward D. Wood, Jr. (1922–1978)