McCain hopes $1 coin leads to bigger tips for strippers
July 25th, 2013
01:17 PM ET
9 years ago

McCain hopes $1 coin leads to bigger tips for strippers

(CNN) – If Congress passes the COINS Act replacing the $1 paper bill for a coin, the U.S. government may be able to save billions in printing costs at the expense of a little more jangle in the average consumers' pockets. But what about the strippers?

That's what The Hill newspaper asked one of the bill's co-sponsors, Sen. John McCain, in a piece published Thursday. The question came from a separate 2011 story where the publication suggested strippers could suffer in a bill-less economy, with G-strings and garter belts far less accommodating of cold metal.

For his part, the Arizona Republican responded in stride in a Capitol Hill hallway.

"Then I hope that they could obtain larger denominations," McCain reportedly told The Hill.

According to The Hill, the 76 year-old McCain started answering questions from another reporter before a smile spread across his face and he shouted down the hallway to The Hill, "Fives, tens, one hundreds!"

McCain's office did not respond to a request for comment.

Officially called the Currency Optimization, Innovation, and National Savings Act, the COINS Act has been put before Congress multiple times in recent years. In the Senate it was most recently introduced in June as S.1105 by Tom Harkin, D-Iowa. McCain's fellow co-sponsors in the Senate are Michael Enzi, R-Wyoming, and Mark Udall, D-Colorado.

If passed, the bill would require Federal Reserve banks to stop circulating paper $1 bills within five years of the COIN Act going into effect.

Filed under: John McCain
soundoff (73 Responses)
  1. Mike

    My kinda man! I like him more today than yesterday. Big> =)

    July 25, 2013 01:29 pm at 1:29 pm |

    Wow. The Guns Over People Shutdown Government tea potty wanted McDoofus to be President. They still love Snooki Palin.

    July 25, 2013 01:34 pm at 1:34 pm |
  3. Woman In California

    Wow. Just wow on this one.

    July 25, 2013 01:41 pm at 1:41 pm |
  4. Thomas

    That's just what we need , more change !

    July 25, 2013 01:45 pm at 1:45 pm |
  5. Tom

    Here we go again. Now only the wealthiest 1% will be able to go to strip joints.

    July 25, 2013 01:50 pm at 1:50 pm |
  6. Lynda/Minnesota

    "McCain's office did not respond to a request for comment."

    End of story, er, I mean controversy ... or not.

    July 25, 2013 01:53 pm at 1:53 pm |
  7. Rudy NYC

    McCain should have totally ignored the question.

    July 25, 2013 01:58 pm at 1:58 pm |
  8. Marie MD

    Strippers? That's what he thinks about? His wife must be proud. It explains why he picked what's her name for vp. She turned to be one of the biggest one of that kind after all was said and done.
    My first thought was how do you keep $20 or more in your wallet or pocket if it's coins. Heavy and cumbersome to say the least.

    July 25, 2013 01:59 pm at 1:59 pm |
  9. Rick McDaniel

    McCain has truly lost it.

    July 25, 2013 02:00 pm at 2:00 pm |
  10. Marie MD

    Change jar out the door. You can't do away with $1 coins because you need the money with you.
    This needs to be stopped NOW!,,
    We already knew that the old man liked that type of women. Look at his vp choice.

    July 25, 2013 02:05 pm at 2:05 pm |
  11. tom l.

    That's the first thing McCain has said in a long time that I actually liked!

    July 25, 2013 02:07 pm at 2:07 pm |
  12. wakeup

    ummm. he didn't ask the question.. He only answered it.. And might I say brilliantly answered it !

    July 25, 2013 02:10 pm at 2:10 pm |
  13. Whome

    What is wrong with this guy?

    July 25, 2013 02:11 pm at 2:11 pm |
  14. Bob Pitt

    Republicans should be all for it.. cheaper to have dollar coins, after all they want small government.. make two and five dollar coins as well..

    July 25, 2013 02:12 pm at 2:12 pm |
  15. G. W. Bush

    God, I hate this guy. So glad he wasn't president.

    July 25, 2013 02:13 pm at 2:13 pm |
  16. Anonymous

    Marie, he was asked the question, he didn't come up with it on his own. The U.S. has tried dollar coins at least twice in the last few years, the Susan B Anthony dollar and the one with the eagle. Neither one was accepted by the population, why will it be any different now? Well it will be force feed since there will be no more dollar bills printed.

    July 25, 2013 02:13 pm at 2:13 pm |
  17. sally

    I don't want dollar coins...they're too heavy!

    July 25, 2013 02:13 pm at 2:13 pm |
  18. Ulysses-AZ

    It's always easier to put a coin in the slot than paper currency.

    July 25, 2013 02:13 pm at 2:13 pm |
  19. NOPhah Kingweigh

    Finally, something sensible from Mr. "I never flew a plane I didn't crash" McCain.

    July 25, 2013 02:14 pm at 2:14 pm |
  20. bob dole

    Its pretty easy to fix this so called issue. European strip clubs all have their own "currency" that you trade your cash in for their bar dollars but you can only use them there. To me its a win win for strip clubs because they have to go back to taht same strip club to spend the "cash" there.

    July 25, 2013 02:14 pm at 2:14 pm |
  21. Kandric

    You're already supposed to take two dollar bills to strip clubs. They look like fives, well, they used to. And they're still bigger than ones. So you get more attention.

    amiright, guys?

    July 25, 2013 02:15 pm at 2:15 pm |
  22. Nora

    I've worked in that business. Many clubs use $2 bills in my experience. I could just see it now, though...making it hail with "gold doubloons"....

    July 25, 2013 02:15 pm at 2:15 pm |
  23. Mike

    to Marie (god help us) MD?? read the story again. he was asked the question and he gave an answer.

    July 25, 2013 02:16 pm at 2:16 pm |
  24. birder

    I see that guy has not spent as much time in a strip club as he probably should have. The whole idea of tipping with dollar bills is so you can tuck them in the skimpy outfit. Duh. McCain is so out of touch.

    July 25, 2013 02:17 pm at 2:17 pm |
  25. GnatB

    Good idea, but one thing needs to be done:
    Vending machines need to accept $20 bills. (and give quarters & $1 coins in change)

    Only reason I *ever* carry singles on me is because that's the only denomination vending machines around here accept.

    ('Course, Vending machines are ALSO pretty much the only reason I ever carry cash on me at all, so I guess simply changing the vending machines to accept credit/debit cards would be a step past accepting $20's.)

    July 25, 2013 02:18 pm at 2:18 pm |
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