View Poll Results: Should The Government Stop Making Pennies?

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  • Yes

    14 60.87%
  • No

    9 39.13%
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Thread: Should the Government Stop Making Pennies?

  1. #21
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    Re: Should the Government Stop Making Pennies?

    Quote Originally Posted by StillBallin75 View Post
    I think the Congress should pass a law that allows vending machines to accept pennies

    They used too accept pennies...actually when I was a kid I used to go to the store for my father. I would put a dime in the vending machine get a pack of lucky strike and there would be two cents taped to the side of the cigarette pack....thats right 8cts a pack in a vending machine.

  2. #22
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    Re: Should the Government Stop Making Pennies?

    I say round everything to the nearest dime, then start making dimes out of whatever it is that they use now to make pennies. The current dime is worth less than the 1950's penny was worth, and we got along just fine without a 1/10 of a cent coin back then, so why do we need a coin that is worth less than 1/10 of a 1950s penny today?

    Why, in fact, do we need cash at all today?
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

  3. #23
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    Re: Should the Government Stop Making Pennies?

    Quote Originally Posted by Dittohead not! View Post
    \
    Why, in fact, do we need cash at all today?
    If I use a check, credit or debit card it costs the vendors of everything much more than cash.
    If I use cash, private companies and the governments canít track me as well.
    Only communists would like us to use cards or checks.

  4. #24
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    Re: Should the Government Stop Making Pennies?

    Quote Originally Posted by OhIsee.Then View Post
    If I use a check, credit or debit card it costs the vendors of everything much more than cash.
    If I use cash, private companies and the governments can’t track me as well.
    Only communists would like us to use cards or checks.
    Capitalists don't want us to use cards? Really? I'm not so sure you could support that idea.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

  5. #25
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    Re: Should the Government Stop Making Pennies?

    Quote Originally Posted by jamesrage View Post
    I voted no. I do think the government should significantly reduce the amount of pennies it mints. Coins after all last a lot longer than paper money.
    I agree, besides everything we buy has pennies in the price and to eliminate them would mean the price of everything would go up.
    Yes but only a few pennies, and that's right but in this economy every penny counts especially when you don't have much to start with.

  6. #26
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    Re: Should the Government Stop Making Pennies?

    Quote Originally Posted by DontDoIt View Post
    The cost to produce a penny today with uprising and fluctuating metal prices (generally rising), it cost more than a penny to produce, obviously creating a deficit. According to snopes in 2006 it cost $1.23 to produce.
    snopes.com: Penny Manufacture Cost
    What do you think?
    No, they shouldn't stop making pennies. Rather they should make cheaper pennies.
    Also, we need to legalize recreational drugs and prostitution.

  7. #27
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    Re: Should the Government Stop Making Pennies?

    Quote Originally Posted by Dittohead not! View Post
    Capitalists don't want us to use cards? Really? I'm not so sure you could support that idea.
    I wrote: If I use cash, private companies and the governments canít track me as well.
    I inferred that private companies would like to track us. Communists would like to also. See, I inferred an equate that is actually there.

  8. #28
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    Re: Should the Government Stop Making Pennies?

    Quote Originally Posted by DontDoIt View Post
    The cost to produce a penny today with uprising and fluctuating metal prices (generally rising), it cost more than a penny to produce, obviously creating a deficit. According to snopes in 2006 it cost $1.23 to produce.
    snopes.com: Penny Manufacture Cost
    What do you think?
    I went to the site you noted, snopes.com: Penny Manufacture Cost and found the claim that a penny costs 1.23 cents to produce. About the same I found elsewhere. So what is your game with your $1.23 per penny?

  9. #29
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    Re: Should the Government Stop Making Pennies?

    Quote Originally Posted by Kandahar View Post
    They could, but what's the point? Why not just get rid of a denomination of currency that is no longer necessary? We've done it before. We had half-cent pieces until 1857. I'm all in favor of eliminating the penny...and maybe the nickel too.
    They also had two and three cent coins, half dimes as well 20 cent coins. So I do not think they got rid of the 1/2 cent because people thought they were a useless denomination or unnecessary when you consider that in 1857 a half penny would have been the equivalent of 12 cents. I occasionally collect coins. People use pennies. People save pennies, people still buy things with saved up pennies, to a lot of people every little penny counts and they do not want their change rounded off or what they pay to be rounded off and it obviously must be enough people doing it in order for the government to still be making pennies.
    Last edited by jamesrage; 06-15-11 at 11:58 PM.
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  10. #30
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    Re: Should the Government Stop Making Pennies?

    Quote Originally Posted by OhIsee.Then View Post
    I wrote: If I use cash, private companies and the governments canít track me as well.
    I inferred that private companies would like to track us. Communists would like to also. See, I inferred an equate that is actually there.
    And then you wrote:

    Only communists would like us to use cards or checks.
    Perhaps that was just a Sarah Palin moment.
    "Donald Trump is a phony, a fraud... [he's] playing the American public for suckers." Mitt Romney

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