tag:blogger.com,1999:blog-26981669.post7022280806287246169..comments2024-03-23T10:55:30.196-05:00Comments on Cold Fusion Guy: "There's nothing a penny will buy any more, not a gum ball or small piece of candy"Jim Peethttp://www.blogger.com/profile/07649414726939918803noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-26981669.post-62260901788869245212013-02-19T16:03:52.097-06:002013-02-19T16:03:52.097-06:00Finally something the President and I agree on: Pe...Finally something the President and I agree on: <a href="http://firstread.nbcnews.com/_news/2013/02/19/17019470-penny-pinching-can-obama-manage-elimination-of-one-cent-coin?lite" rel="nofollow">Penny pinching: Can Obama manage elimination of one-cent coin?</a><br /><br /><i>“Australia, Canada, New Zealand, many other countries have gotten rid of their pennies,” Green said. “Why haven’t we done it?”<br /><br />“I gotta tell you, John, I don’t know,” Obama responded, adding, “Anytime we’re spending money on something people don’t actually use, that’s an example of things we should probably change.”<br /><br />...<br /><br />pennies actually cost more to make than they’re worth. In 2012, every penny cost 2.41 cents to make – more than twice their face value.</i>Jim Peethttps://www.blogger.com/profile/07649414726939918803noreply@blogger.com