2009 Penny Opinion Poll

Stop minting them and introduce fractional currency. People would "love" it so much that they'd be willing to see the 1 cent coin come back.

Prove it.



Agreed, every other country loos at their smallest coin and says "These are costing more to make than they are worth! We're losing money on every one we make. That's stupid, let's stop making them." We look at the cent and say "Were losing money on every one of these we make, and no one really uses them. But if we stop making them people might think that we have inflation. So we better keep losing money on them so people don't find out that there is inflation." I got news for you folks, we know that there is inflation and we would rather not encourage the government to waste any more money if there is no reason to. I realize that the government feels they HAVE to waste money but we should try to discourage it whenever possible.

another way to save the penny is get rid of the politics of pork spending.
if each item was voted on instead of hiding it with something else and maybe lower the wages and retirement packages the people up in Washington get, we would save a few hundred billion. then make the people running for president raise their own money instead of the government matching/giving would save a few hundred more million.
then go to a flat tax rate where everyone pays their fair share.

I could go on forever

I think the mint ought to turn over the controls to a pro bono public eager to mismint and screw up some coins of our own just before they put the halt to all penny production. Let the loonies run the assaylum for a day! We'd make purty pennies, I'm sure. Maybe even prosper a bit off our own ineptness.

JD