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422 Comments
- jmkiii, on 03/31/2008, -11/+151Pennies are stupid.
- inactive, on 03/31/2008, -4/+122Why is that penny riding on a sheet of ice shaped like texas?
- jetcombo15, on 03/31/2008, -0/+77We don't do that here.
- ybotoby, on 03/31/2008, -4/+59A penny saved is negative seven tenths a penny earned
- kleezy, on 03/31/2008, -6/+58Because Texas also costs 1.7 times what its worth.
- angusm, on 03/31/2008, -3/+55If they phase out the penny, people will have to offer you a nickel for your thoughts. Which means that the value of your thoughts has increased 500% overnight. Maybe you should make preparations for an IPO, because YourThoughts Inc is clearly taking off.
- inactive, on 03/31/2008, -5/+52can't say i really feel bad for the mint. what's it cost to make a $10 bill? Three cents?
- mixxo, on 03/31/2008, -0/+44If by first you are referring to "first douchebag to make a stupid comment" you win!
- 31213121, on 03/31/2008, -1/+42I'm selling pennies for 1.6 cents!!!!
PM for more info - blind51de, on 03/31/2008, -4/+40Because pennies need the death penalty.
- angusm, on 03/31/2008, -2/+36You haven't been paying attention. The article tells us that a penny saved is one-point-seven cents earned.
- orangefly, on 03/31/2008, -0/+32i've always thought that total price including sales tax should be on the price tag....
- disoriented, on 03/31/2008, -8/+35***** pennies. I hate buying things at 1.99 and such, just charge me the 2 dollars be done with it.
- supertaliman, on 03/31/2008, -6/+32Anyone could use an extra $50 Mil.....Kill the dam penny it just takes up space
- Daamien, on 03/31/2008, -2/+27To those who advocate getting rid of pennies because they are useless, you should redirect your frustration towards inflation, because pennies were once and ideally should have remained useful.
- dajuggernaut, on 03/31/2008, -2/+21we dont take kindly to your kind...
- inactive, on 03/31/2008, -4/+23The scrap metal thieves are going to start breaking into houses and stealing penny jars.
- forgiste, on 03/31/2008, -2/+19Nobody gives a damn! Say something clever so the rest of us don't have to.
- shortyjacobs, on 03/31/2008, -4/+20That's a stupid argument. Velocity of money has nothing to do with it. They mint a penny for 1.7 cents, and sell it for 1 cent. That is a -0.7 cent profit, (or a 0.7 cent deficit).
If a drill costs me 50 bucks, and I use it more than once, the damn drill still cost 50 bucks! - ePuck, on 03/31/2008, -5/+21lol, apparently you've never lived in a state with sales tax
- jcastillo81, on 03/31/2008, -2/+17actually a penny saved is .7 cents lost...
- insanebrain, on 03/31/2008, -1/+14buried !
- Dokument, on 03/31/2008, -1/+14regular ones are also.
- sdrawkcabton88, on 03/31/2008, -2/+14Now what am I supposed to get for my thoughts?
- TeacherOfHeroes, on 03/31/2008, -4/+16Even with sales taxes, stores can adjust their prices so that *with* tax, the price works out to something nice and even. They just don't.
- rolf, on 03/31/2008, -0/+11A penny saved.... is not worth very much.
- nixfu, on 03/31/2008, -3/+14A coin is only useful if it can BUY SOMETING.
Back when the USA was started you could actually purchase something for a penny...like say a handful of candy for 1C or maybe a pop for 2C....now they are USELESS.
Unless you can use ONE of them for purchases, then there is no need for them. The only reason they exist today is so we can be fooled into paying $3.99 for something instead of $4.
I say eliminate ALL CURRENT COINS AND JUST USE DOLLARS...and make 1, 2, and 5 dollar coins...then we can get back to the good ole days when things were easy to pay for...you want a candy bar, then you get 2 for a 1 dollar coin, want a sandwich? thats a 2 dollar coin, etc. - TeacherOfHeroes, on 03/31/2008, -0/+11Not going to happen - the copper washer industry has too many lobbyists in washington
- jwkpiano1, on 03/31/2008, -2/+12Fail!
- RonnyIsRondo, on 03/31/2008, -4/+14Why do we even have those damn things anyway? To fill up the cracks in the couch?
- wunch, on 04/01/2008, -0/+10It makes no cents.
- LightSpeed4, on 03/31/2008, -2/+11In 2009 the cent will get a one-year, four-coin commemorative program marking the 100th anniversary of Lincoln being placed on the cent, and the 200th anniversary of his birth. Thus, 2008 will be the 49th anniversary, and last year that the Lincoln Memorial will be on the U.S penny. This redesign was passed as part of the Presidential $1 Coin Act of 2005, which also mandates that in 2009, numismatic cents will be issued for collectors that have the metallic copper content of cents minted in 1909. In 2010, the cent will be completely redesigned, with a new, permanent design being released into circulation. The redesign should show Lincoln's preservation of the country in the Civil War. Lincoln, however, will remain on the coin. The composition for circulating issues will be copper-plated zinc.
- ostracize, on 03/31/2008, -1/+9Hijack:
On a single page (why even make it an option?)
http://www.newyorker.com/reporting/2008/03/31/0803 ... - ayeroxor, on 03/31/2008, -5/+13"Since the Mint currently manufactures more than seven billion pennies a year and “sells” them to the Federal Reserve at their face value, the Treasury incurs an annual penny deficit of about fifty million dollars—referred to as “negative seigniorage."
How can it be so EASY to completely forget all the profit they make on EVERY OTHER COIN AND BILL! - nstanosheck, on 03/31/2008, -0/+8Nah, just change the system to one decimal place rather than two and have only dimes and fifty-cent pieces. I believe both Australia and China do this now for their coinage.
- surKaz, on 03/31/2008, -2/+101.7 cents.. apparently..
- doyoulikeworms, on 03/31/2008, -0/+8A penny minted between 1909 and 1982 is worth $0.025 in copper.
- SkullWolf, on 03/31/2008, -4/+12Who cares, you can print a $100 for only a few cents or something. This is a non-story.
- aris1, on 03/31/2008, -5/+13makes me want to sell mine on fleebay for 1.6 cents
- synthpop, on 03/31/2008, -2/+10they passed a law a few years ago making that illegal. enjoy federal prison.
- jcastillo81, on 03/31/2008, -3/+11Pennies weren't useless at one time... you could buy bubblegum and other candy, for 2 pennies you could watch a short movie, for 3 you could get the Sunday paper. It's the federal reserve that's useless!
- glory, on 03/31/2008, -0/+7instead of throwing it out of the car window, just dump your change in a pot every time you have some. By the end of the year you'll have a hundred bucks or more.
- ScottyMcBaggs, on 03/31/2008, -0/+7My brain just exploded a little bit.
- Hitechmods, on 03/31/2008, -8/+15A penny saved is a penny earned
- MScrip, on 03/31/2008, -1/+8I was in Austria in 1997, before they got the Euro. Their money was the Shilling... and if you ordered a meal that was 65 Shillings, and a drink that was 5 Shillings... you gave them 70 Shillings and were done with it. Tax was built in. So, if that country can figure out... maybe the US can too.
- Jumba990, on 03/31/2008, -0/+7Apparently it's the same person
- Moose_Head, on 03/31/2008, -2/+9Slippery Slope Fallacy - Please see me after class.
- phenolholic, on 03/31/2008, -0/+7yes but then you won't be brainwashed into thinking you're saving from moms and pops who sells it at $2 flat
- coit, on 03/31/2008, -3/+10Exactly! This keeps coming up and it is the stupidest argument ever.
If it were an issue, it would be more than made up by the worth differential of all paper currency... - Misanthrope, on 03/31/2008, -0/+7That would be more like: MWAAHAHAHAAAAAAAAAAH!!
I think anyway... -
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