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Ebumar
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Would you...

Post by Ebumar »

allow the US to sell space on currency for advertising to reduce the national debt?

http://money.cnn.com/2004/01/20/pf/ads_ ... /index.htm
Ads appear on dollar bills

It had to happen: Ad agency uses the greenback to promote a TV show.
January 22, 2004: 1:43 PM EST
By Gordon T. Anderson, CNN/Money staff writer



NEW YORK (CNN/Money) - Consumers these days endure advertising on the floors of supermarkets, in the sanitary-cakes of urinals, even tattooed onto the heads of college kids.


Better than TV?
So is there any open space left that marketers can use to make a buck? Well, the buck itself.

The trade publication Advertising Age reported this week that cable television's USA Network has launched an unusual promotion to publicize its upcoming "Traffic: The Miniseries."

The network is distributing 50,000 one-dollar bills in trendy bars in Los Angeles and New York. Affixed on each of those bills: a removable sticker bearing the USA Network logo, along with the title and airtime of the three-part miniseries.

Based on the movie of the same title, the show is about drug dealers, users, and the position of cash at the center of drug culture lifestyles.

"The topic of 'Traffic' revolves around the many ways that money lures people into incredibly dangerous situations," said Paul Woolmington, CEO of Media Kitchen, the New York-based agency that created the campaign. "We did a lot of brainstorming, and it all came back to money."

Working with GoGorilla, a guerilla marketing agency, Media Kitchen arranged to put 1,000 ad-laden bills into the cash registers at 25 bars in New York, and another 25 in Los Angeles. When a tippler buys a drink, part of the change is in the form of the promo cash.

"People talk about the Internet or word-of-mouth. But given the way it circulates, money is the most viral medium there is," says Woolmington. "We estimated that each bill will touch 25 to 40 hands."

Even if the first customer just rips the sticker off, the campaign may achieve its main goal of getting a small, but influential, demographic group to notice, said Woolmington. "Just by going into the bars, we're reaching a lot of influencers." (Those are the people willing to pay $15 for a Red Bull and vodka, in order to drink it fashionably.)

The nontraditional campaign is a relatively cheap way to attract attention. That's not to say it didn't face a hurdle or two.

For one thing, it is against the law to deface currency (see Title 18, Section 333 of the U.S. Code). According to the Treasury Department, messing with money is punishable by a small fine, or even imprisonment of up to six months.

"We've been very sensitive and respectful," said Woolmington. The stickers use a very light adhesive, and come off easily without tearing the bill or leaving a mark, so they pass legal muster.

Greenbacks as billboards
If plastering removable stickers on bills is not technically the same thing as actually advertising on money itself, the obvious next step is to turn greenbacks into billboards.

Imagine "E Pluribus Unum" replaced with "Coke: It's the Real Thing." It may sound crazy, but American governments do have some experience in brand marketing.

Cash-strapped New York City, for example, cut a $166 million deal last year to make Snapple the official drink of the city's public schools. (Kids might drink it on field trips to the Brooklyn Botanic Garden, where they'll see the Con Edison Pond or the Mitsubishi Wild Wetland Trail.)

Other municipalities are in the game, too. Metro farecards in Washington, D.C., carry ads on them, as do timetables. And Ohio-based EGovnet sells ads on behalf of a number of cities, including Honolulu and Salt Lake.

On the federal level, the Postal Service has resisted calls to sell ad-driven postage, but it does do a brisk business peddling commemorative stamps. (Not to mention cycling gear for the USPS racing team, which the service pays to sponsor.)

Imagine, then, if the 8 billion or so dollar bills in circulation carried an ad. Talk about reach.

In fact, in 1995, a poll sponsored by Visa International found that 35 percent of Americans said they supported the sale of ad space on bills, if the proceeds would be used to reduce the federal deficit.

In 1997, columnist Bob Greene raised the notion in a piece he wrote for the Chicago Tribune.

After submitting the idea to the Treasury "with great pride," he wrote, "it took two days and three spokesmen for me to get the official answer."

That response? A resounding no.

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Post by Aslanna »

In fact, in 1995, a poll sponsored by Visa International found that 35 percent of Americans said they supported the sale of ad space on bills, if the proceeds would be used to reduce the federal deficit.
Just like lottery money is helping those schools so much in a lot of places....

People who buy into fixes like this are morons.
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Re: Would you...

Post by nobody »

Ebumar wrote:allow the US to sell space on currency for advertising to reduce the national debt?
Fuck

No

[-(
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Post by Hoarmurath »

Holy crap, "Lil' Snooty" there is the coolest smiley I've seen EVAR!

Oh, and hell no to putting ads on money.
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Post by Xzion »

i have no problem with it myself...as long as its a temporary act and only in place to help reduce the national debt...of course the price should most liley be 4-5x what they would be asking
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Post by Lohrno »

Xzion wrote:as long as its a temporary act and only in place to help reduce the national debt...
The thing is things like this will become permanent. If you get a revenue source for the government they are not going to just say "ok debt's gone.." (That in and of itself is not likely) ",we'll stop advertising on currency."

Even if they tried, the companys would complain and file lawsuits that they are harming business, etc...

No, if this happens it will be here to stay I am pretty sure.
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Post by Xzion »

i would be willing to live with that, i dont see what the objections are...it could only bring us potential good (unless the money is used to fund another war...which i guess will still be better then the one we had), do we really need to "preserve the sanctity of the almighty dollar"?
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Post by Lohrno »

Well, I think it's a bad idea.

It's not about the sanctity of the dollar, it's about not wanting advertisements on EVERYTHING. It's getting worse and worse these days. There are ads on billboards, TV, the internet (which is why I keep a hosts file), and just about everywhere else. I'm sorry I am get annoyed with the current level of advertisement... I would like some level of opt-out ability...
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Post by Xzion »

it comes with capitalism...as long as there successful they will continue
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Post by Niffoni »

I think it's wrong to put advertising on religious iconography.
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Post by Xzion »

Niffoni wrote:I think it's wrong to put advertising on religious iconography.
hell id encourage it....how awesome would it be if instead of taking down these 10 commandment monuments we just slapped on a few Viagra and Trojan adds across them

"there is only one god...try viagra"
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Post by Niffoni »

I didn't say it wouldn't be funny!
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Post by Lohrno »

Xzion wrote:it comes with capitalism...as long as there successful they will continue
Capitalism is good, but being bombarded by ads isn't. I don't think it's too much to ask to limit what they can and can't put ads on...
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Post by Fash »

i'd hafta say no... for one, the advertisements would need to be engraved at great expense and time.. and it would require them to increase circulation, constantly replacing money in the system with new prints. it would cost a fortune to upkeep, it would disrespect it, and would really piss everyone off...

i see people trading currency at that point... hey i'll trade you two applebees for that hooters !
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Xzion
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Post by Xzion »

Fash wrote:i'd hafta say no... for one, the advertisements would need to be engraved at great expense and time.. and it would require them to increase circulation, constantly replacing money in the system with new prints. it would cost a fortune to upkeep, it would disrespect it, and would really piss everyone off...

i see people trading currency at that point... hey i'll trade you two applebees for that hooters !
it wouldnt cost a fortune for the taxpayers...all the costs and moreso will be covered by the corperations supporting the adds, if not then they wouldnt introduce the idea...
honestly how often do you stare at currency?i look at it long enough to identify a "one" "ten" or "one hundred"
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Post by Fairweather Pure »

I could care less, but you know any profits from something like this would not be spent on the national debt. Instead, the money would be used to build a missle defense system or some other stupid shit like that.
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Post by Neost »

lawmakers don't look for new revenue sources to pay down debt, they look for it to fund new programs or increase funding for their pet projects.
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Post by Xzion »

Neost wrote:lawmakers don't look for new revenue sources to pay down debt, they look for it to fund new programs or increase funding for their pet projects.
true, you cant trust this godamn government to spend money....basterds would prolly use it for some reaserch to help there cause to strip women of there right to choose or some more ?very effective and factual" abstinance only education or some such legislation...but in theory this is a very good idea
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Post by Sylvus »

Who fucking cares, as long as it's green and spends the same?

Cynicism regarding where revenue would go is expected and understandable, but, let's just say hypothetically, if the money were going to fix Social Security or lower the cost of healthcare, do you really give a shit if they replace the illuminati pyramid on the back with a Nike Swoosh?
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