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Canada stops producing its one cent coin. Should we as well?
Started by Hothotz, Feb 05 2013 08:14 AM
#1
Posted 05 February 2013 - 08:14 AM
http://www.foxnews.c...test=latestnews
Considering it costs the country two pennies to make one I think it should defiantly be did away with. It's useless now anyways, every time I pay with something in cash (which is not very often at all) and I am getting two or three cents back I just walk away. The plan to round up cash purchases is fine with me. Every time I see someone pull out a wad of bills in front of me in the grocery store I moan. Chop the forty four million it costs us a year to make the damn useless coins and use the extra couple of cents on cash transaction for debt reduction.
Considering it costs the country two pennies to make one I think it should defiantly be did away with. It's useless now anyways, every time I pay with something in cash (which is not very often at all) and I am getting two or three cents back I just walk away. The plan to round up cash purchases is fine with me. Every time I see someone pull out a wad of bills in front of me in the grocery store I moan. Chop the forty four million it costs us a year to make the damn useless coins and use the extra couple of cents on cash transaction for debt reduction.
#2
Posted 05 February 2013 - 08:28 AM
agreed. Not to mention that the copper could be used for much better things.
[SIGPIC][/SIGPIC]
#3
Posted 05 February 2013 - 08:31 AM
Yes, eliminate the penny and switch from the dollar bill to a dollar coin. Both of those options would eliminate a lot of pointless spending.
#4
Posted 05 February 2013 - 08:49 AM
I've got no problem eliminating pennies. Heck I've got so freaking many it's ridiculous. It's very seldom I ever use the ones that I have so they just add up. Every once in a while I'll cash them in but mostly they're just a pain.
#5
Posted 05 February 2013 - 08:52 AM
While we're at it, let's go ahead and insert an EBT chip under everyone's skin... then we won't have to carry a wallet. Shafonda can just scan our arm and debit our bank accounts.
God forbid you don't have time to wait for someone to pay in cash. EBT chips are much faster.
Forward.
God forbid you don't have time to wait for someone to pay in cash. EBT chips are much faster.
Forward.
When it's 3rd and 10, we shuffle out our secret weapon... he's the only person we ever want calling the next play... some call him the twelfth man.... we call him the whiskey drinker...
#6
Posted 05 February 2013 - 08:53 AM
Booger, on 05 February 2013 - 08:52 AM, said:
While we're at it, let's go ahead and insert an EBT chip under everyone's skin... then we won't have to carry a wallet. Shafonda can just scan our arm and debit our bank accounts.
God forbid you don't have time to wait for someone to pay in cash. EBT chips are much faster.
Forward.

God forbid you don't have time to wait for someone to pay in cash. EBT chips are much faster.
Forward.
All this by getting rid of a penny?
#7
Posted 05 February 2013 - 08:56 AM
DGD, on 05 February 2013 - 08:53 AM, said:
All this by getting rid of a penny? 
no. it was directed toward @Hothotz comment:
"Every time I see someone pull out a wad of bills in front of me in the grocery store I moan."
When it's 3rd and 10, we shuffle out our secret weapon... he's the only person we ever want calling the next play... some call him the twelfth man.... we call him the whiskey drinker...
#8
Posted 05 February 2013 - 09:10 AM
Booger, on 05 February 2013 - 08:52 AM, said:
While we're at it, let's go ahead and insert an EBT chip under everyone's skin... then we won't have to carry a wallet. Shafonda can just scan our arm and debit our bank accounts.
God forbid you don't have time to wait for someone to pay in cash. EBT chips are much faster.
Forward.

God forbid you don't have time to wait for someone to pay in cash. EBT chips are much faster.
Forward.
Please, It's the same thing when people pay with checks. It's pointless now when everything is electronic. Only thing cash is good for is vending machines and even those are starting to go electronic.
And even though your being a smart ass, My credit cards have wireless chips in them so all I have to do is wave my wallet over certain credit machines and I am done. Much more efficient then waiting for you to pay for that taco with quarters.
Edited by Hothotz, 05 February 2013 - 09:12 AM.
#9
Posted 05 February 2013 - 09:18 AM
Hothotz, on 05 February 2013 - 09:10 AM, said:
Please, It's the same thing when people pay with checks. It's pointless now when everything is electronic. Only thing cash is good for is vending machines and even those are starting to go electronic.
And even though your being a smart ass, My credit cards have wireless chips in them so all I have to do is wave my wallet over certain credit machines and I am done. Much more efficient then waiting for you to pay for that taco with quarters.
And even though your being a smart ass, My credit cards have wireless chips in them so all I have to do is wave my wallet over certain credit machines and I am done. Much more efficient then waiting for you to pay for that taco with quarters.
I would expect this sort of comment from a 25 year old. Yeah, it's more efficient... but where does it stop?
I'm cool with getting rid of the penny. But not cash like you imply. I'd much rather wait in line behind someone with a hand full of bills than behind someone paying with an EBT card.
When it's 3rd and 10, we shuffle out our secret weapon... he's the only person we ever want calling the next play... some call him the twelfth man.... we call him the whiskey drinker...
#11
Posted 05 February 2013 - 09:24 AM
if im on my way to the bank to deposit my check and im close to overdrawn (yes i live from paycheck to paycheck) then ill pay cash to avoid NSF charges from my bank. remove the penny im ok with that, but removing cash is absurd.
Edited by gchamblee, 05 February 2013 - 09:24 AM.
#12
Posted 05 February 2013 - 09:26 AM
rolling your eyes at someone that pays cash for something makes you a pompous prick.
#13
Posted 05 February 2013 - 09:44 AM
Booger, on 05 February 2013 - 09:18 AM, said:
I would expect this sort of comment from a 25 year old. Yeah, it's more efficient... but where does it stop?
I'm cool with getting rid of the penny. But not cash like you imply. I'd much rather wait in line behind someone with a hand full of bills than behind someone paying with an EBT card.
I'm cool with getting rid of the penny. But not cash like you imply. I'd much rather wait in line behind someone with a hand full of bills than behind someone paying with an EBT card.
Lol, at someone playing up age who is only 9 years older. Your younger then my sister so move on young buck!
Who the hell said anything about a EBT card.........
Edited by Hothotz, 05 February 2013 - 09:51 AM.
#14
Posted 05 February 2013 - 09:45 AM
I say keep it. If the Govt is going to be inefficient then they might as well be consistent across the board.
#15
Posted 05 February 2013 - 09:45 AM
Booger, on 05 February 2013 - 09:18 AM, said:
I would expect this sort of comment from a 25 year old. Yeah, it's more efficient... but where does it stop?
I'm cool with getting rid of the penny. But not cash like you imply. I'd much rather wait in line behind someone with a hand full of bills than behind someone paying with an EBT card.
I'm cool with getting rid of the penny. But not cash like you imply. I'd much rather wait in line behind someone with a hand full of bills than behind someone paying with an EBT card.
that makes zero sense
...who is John Galt?
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