A Penny for your Thoughts

11 Apr

Random:  I just finished last week’s New Yorker on the bus. 

Did you know that…

  • A penny costs 1.7 cents to make?
  • A nickel costs ~10 cents to make?
  • A lobby funded by Jarden Zinc Products (major supplier of penny cores for the U.S. Mint) prevented the last "get rid of pennies" legislature?
  • Coinstar is now one of the biggest pro-penny lobbies?

Just crazy. 

Ah, the way the world works.  :)

3 Responses to “A Penny for your Thoughts”

  1. lauren 11. Apr, 2008 at 8:44 pm #

    The best solution I’ve heard to the penny issue:

    The clear solution derived from these key points is not to eliminate the penny but to kill off the nickel and make pennies worth five cents.

    (From http://theamericanscene.com/2008/03/25/mend-it-dont-end-it-affirmative-action-for-the-penny)

  2. Ben Hayat 13. Apr, 2008 at 6:21 pm #

    Hi Karen;

    You are very fortunate to have that school near you. I’m sure it will help you a lot.

    BTW, could you please turn the audio volume off on your “Snow” video? Every time I go to your site, I get that noise on my speakers unexpectedly.

    Thanks!
    ..Ben

  3. Andrew 15. Apr, 2008 at 10:11 am #

    > Ah, the way the world works.

    …it does?

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