Comments on: The Penny Is Being Retired! http://www.thehappyrock.com/2009/04/01/the-penny-is-being-retired/ Getting out of Debt, Getting off the Couch, and Getting into Life Sun, 29 Jan 2012 16:23:20 +0000 hourly 1 http://wordpress.org/?v=3.1 By: ed http://www.thehappyrock.com/2009/04/01/the-penny-is-being-retired/comment-page-1/#comment-9742 ed Wed, 06 May 2009 20:18:00 +0000 http://www.thehappyrock.com/?p=2117#comment-9742 Where did you get the idea that they are retiring the Penny? Just because it might be a good idea, isn't enough reason to believe that this administration will to it. It doesn't appear to me that cutting spending is on the agenda of this administration. The Fox news article you linked to quotes Edmund Moy the Mint's chairman: "People still want pennies, which is why we're still making them." It doesn't appear that there are any plans to retire the penny. Where did you get the idea that they are retiring the Penny? Just because it might be a good idea, isn’t enough reason to believe that this administration will to it. It doesn’t appear to me that cutting spending is on the agenda of this administration.
The Fox news article you linked to quotes Edmund Moy the Mint’s chairman: “People still want pennies, which is why we’re still making them.”

It doesn’t appear that there are any plans to retire the penny.

]]> By: Moments of Fame « Funny about Money http://www.thehappyrock.com/2009/04/01/the-penny-is-being-retired/comment-page-1/#comment-9318 Moments of Fame « Funny about Money Wed, 08 Apr 2009 14:31:06 +0000 http://www.thehappyrock.com/?p=2117#comment-9318 [...] on American education, a vicious circle if ever there was one. And the Happy Rock reports that the penny is being retired…say goodbye to those $19.99 prices meant to suggest the price isn’t really twenty [...] [...] on American education, a vicious circle if ever there was one. And the Happy Rock reports that the penny is being retired…say goodbye to those $19.99 prices meant to suggest the price isn’t really twenty [...]

]]> By: Ron Russell http://www.thehappyrock.com/2009/04/01/the-penny-is-being-retired/comment-page-1/#comment-9289 Ron Russell Mon, 06 Apr 2009 23:27:13 +0000 http://www.thehappyrock.com/?p=2117#comment-9289 Its not surprizing that the Obama administration would do away with the penny and eventually the nickel. The old saying, "a penny saved is a penny earned" obviously has no meaning who consumed with run-a-way spending. The penny will be missed---another tradition bits the dust under the heels of radical progressivism. With the merchants rounding up to the nearest nickel more and more money will go into the tax coffers. Doing away with the penny is just another way to raise taxes --disgusting. Most people just don't have enouth senses to recognize this and they will have less "cents" tomorrow. Its not surprizing that the Obama administration would do away with the penny and eventually the nickel. The old saying, “a penny saved is a penny earned” obviously has no meaning who consumed with run-a-way spending. The penny will be missed—another tradition bits the dust under the heels of radical progressivism. With the merchants rounding up to the nearest nickel more and more money will go into the tax coffers. Doing away with the penny is just another way to raise taxes –disgusting. Most people just don’t have enouth senses to recognize this and they will have less “cents” tomorrow.

]]> By: ABCs of Investing http://www.thehappyrock.com/2009/04/01/the-penny-is-being-retired/comment-page-1/#comment-9280 ABCs of Investing Mon, 06 Apr 2009 03:14:41 +0000 http://www.thehappyrock.com/?p=2117#comment-9280 [...] The Happy Rock informs us that the penny is being retired. [...] [...] The Happy Rock informs us that the penny is being retired. [...]

]]> By: Matt http://www.thehappyrock.com/2009/04/01/the-penny-is-being-retired/comment-page-1/#comment-9279 Matt Mon, 06 Apr 2009 01:02:27 +0000 http://www.thehappyrock.com/?p=2117#comment-9279 April Fools! Got me! I read this on April 5th and believed every word! I even told my wife what was coming. It only hit me five hours later than you had fooled your readers! Good one. April Fools! Got me! I read this on April 5th and believed every word! I even told my wife what was coming. It only hit me five hours later than you had fooled your readers! Good one.

]]> By: Matt B/Financial Methods http://www.thehappyrock.com/2009/04/01/the-penny-is-being-retired/comment-page-1/#comment-9271 Matt B/Financial Methods Sat, 04 Apr 2009 23:13:45 +0000 http://www.thehappyrock.com/?p=2117#comment-9271 It will be funny when all pennies are gone, but just think of how long it will take for them to REALLY be gone. It will be funny when all pennies are gone, but just think of how long it will take for them to REALLY be gone.

]]> By: john detitta http://www.thehappyrock.com/2009/04/01/the-penny-is-being-retired/comment-page-1/#comment-9235 john detitta Fri, 03 Apr 2009 13:17:09 +0000 http://www.thehappyrock.com/?p=2117#comment-9235 Beautiful penny, one of my favorites. Beautiful penny, one of my favorites.

]]> By: Gypsie http://www.thehappyrock.com/2009/04/01/the-penny-is-being-retired/comment-page-1/#comment-9226 Gypsie Thu, 02 Apr 2009 22:42:03 +0000 http://www.thehappyrock.com/?p=2117#comment-9226 I was stationed overseas for 5 years and while US currency was used on base, we did not have a penny. It cost too much to ship overseas. When you checked out from the Base Exchange the total was always rounded to the nearest nickle whether that was up or down. Honestly, it wont bother me to see the penny go. I was stationed overseas for 5 years and while US currency was used on base, we did not have a penny. It cost too much to ship overseas. When you checked out from the Base Exchange the total was always rounded to the nearest nickle whether that was up or down. Honestly, it wont bother me to see the penny go.

]]> By: ed http://www.thehappyrock.com/2009/04/01/the-penny-is-being-retired/comment-page-1/#comment-9221 ed Thu, 02 Apr 2009 13:59:16 +0000 http://www.thehappyrock.com/?p=2117#comment-9221 If President Soetoro wants to save money here are some ideas: Force all of his cabinet nominees to pay back taxes. I think that would generate a large sum. Cut, Department of Education Cut, Department of Commerce Freeze government spending for one year. If President Soetoro wants to save money here are some ideas:

Force all of his cabinet nominees to pay back taxes. I think that would generate a large sum.
Cut, Department of Education
Cut, Department of Commerce
Freeze government spending for one year.

]]> By: Discover http://www.thehappyrock.com/2009/04/01/the-penny-is-being-retired/comment-page-1/#comment-9211 Discover Wed, 01 Apr 2009 19:17:12 +0000 http://www.thehappyrock.com/?p=2117#comment-9211 Once inflation accelerates as a result of the current monetary policy you don't need any coins, so they might as well start retiring the coins now. Once inflation accelerates as a result of the current monetary policy you don’t need any coins, so they might as well start retiring the coins now.

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