Lincoln. . illgal I - FIRST wmin ! l. lailii, In RETIRE mun cum. For starters the penny is far past pointless by now. And secondly he's still on the $5 Lincoln illgal I - FIRST wmin ! l lailii In RETIRE mun cum For starters the penny is far past pointless by now And secondly he's still on $5
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#12 - darthtomale
Reply +154
(02/25/2013) [-]
For starters the penny is far past pointless by now. And secondly he's still on the $5
#62 to #12 - gorginhanson
Reply 0
(02/26/2013) [-]
Might as well retire all money and go electronic
#65 to #62 - propanex
Reply +16
(02/26/2013) [-]
yeah, that couldn't back fire in anyway
#67 to #65 - gorginhanson
Reply 0
(02/26/2013) [-]
Yah I mean it's not like we have anything at all similar in place already.
And it's not like removing the penny won't cause a **** storm of it's own or anything.
#104 to #67 - anon
Reply 0
(02/26/2013) [-]
Do you not realize the absolute lack of privacy that would exist if we went to an all electronic system?
#171 to #104 - kmichel
Reply 0
(02/26/2013) [-]
I was just thinking about this yesterday. Everything you buy would be track-able and the information could be stored and collected. I feel that humans need the feeling that they have privacy in the things they do to function well in a society. I believe that as you take away humans' freedom to commit all wrongs (for example, putting speed regulators on all cars so that speeding is impossible), and freedom to privacy, you'll create mental illness among the population and generations of irresponsible adults.
#216 to #171 - gorginhanson
Reply -2
(02/26/2013) [-]
Hey, that's great. Except that already happens . Despite what you might think, no one keeps thousands of dollars under their matress.
#111 to #104 - gorginhanson
Reply -4
(02/26/2013) [-]
It resolves more problems than it causes.
Its essentially the same system was have now, where most people opt to use credit or debit cards over cash.
It wouldn't be easy obviously, but it solves so many problems that the resources needed to hammer out the details would be much lower than the problems that paper money creates.
#161 to #111 - kokanium **User deleted account**
+3
has deleted their comment [-]
#214 to #161 - gorginhanson
Reply -1
(02/26/2013) [-]
No, you're just too stupid to understand the issues .
#215 to #214 - kokanium **User deleted account**
+2
has deleted their comment [-]
#217 to #215 - gorginhanson
Reply -3
(02/26/2013) [-]
You said that two hours ago retard.
Why don't you actually spend 2 minutes to come up with a real argument instead of saying "herp, derp, u r wrong" that is, assuming you have the capability to say anything besides "no", and "good night".
#218 to #217 - kokanium **User deleted account**
+2
has deleted their comment [-]
#219 to #218 - gorginhanson
Reply -3
(02/26/2013) [-]
l knew you didn't have the capacity . Thanks for proving me right.
#220 to #219 - kokanium **User deleted account**
+2
has deleted their comment [-]
#221 to #220 - kokanium **User deleted account**
+2
has deleted their comment [-]
#222 to #220 - gorginhanson
Reply -3
(02/26/2013) [-]
Pssst... you aren't making yourself look better, much worse if anything.
#224 to #222 - anon
Reply 0
(02/26/2013) [-]
"Worms breathe n ****."
#116 to #111 - brettyoke
Reply +1
(02/26/2013) [-]
Damn I can't to swipe my debit card to get a ******* gumball.
#130 to #116 - gorginhanson
Reply -2
(02/26/2013) [-]
"I can't to swipe my debit card"
#131 to #116 - gorginhanson
Reply -4
(02/26/2013) [-]
big ****** deal, just buy some gum somewhere else
#71 to #62 - darthtomale
Reply +2
(02/26/2013) [-]
we could but that would require everyone to have a bank account to do any sort of transaction. Even if it's just a vending machine.
#125 to #12 - coolgabe
Reply +4
(02/26/2013) [-]
How is the penny pointless? Try making changer without pennies
#152 to #125 - darkdragonswrath
Reply +5
(02/26/2013) [-]
penny also costs twice as much as it's worth to make.
#182 to #125 - pillowmeister
Reply +2
(02/26/2013) [-]
it's round
#126 to #125 - darthtomale
Reply +2
(02/26/2013) [-]
if we just round to the nearest 5 or 0 it wont be an issue. there are countries that have already dont it with no problems.

www.youtube.com/watch?v=y5UT04p5f7U
www.youtube.com/watch?v=77C47XYm_3c
#157 to #125 - anon
Reply 0
(02/26/2013) [-]
that's what they said about the half cent but we have done just fine sense removing it.
#149 to #12 - krazykorn
Reply +7
(02/26/2013) [-]
I'll ride the horse at the grocery for a penny if I damn well please
#150 to #149 - darthtomale
Reply +4
(02/26/2013) [-]
if you can find a horse who'll take pennies these days what with gas prices rising
if you can find a horse who'll take pennies these days what with gas prices rising
#4 - nielsbentzen
Reply +61
(02/25/2013) [-]
#26 to #4 - coledu
Reply +2
(02/25/2013) [-]
I accidentally downloaded this into my fap folder...Oh god....
#114 - youdontwanttoknow ONLINE
Reply +56
(02/26/2013) [-]
#3 - chism
Reply +42
(02/25/2013) [-]
they have been wanting to do it since the 90's. it costs more to make it then it's worth
#5 to #3 - jonnyp
Reply 0
(02/25/2013) [-]
a 1 cent coin is however, needed. if you get a dividend on 1.56, or you pay 1.99 for something, what are you gonna get in return?
#25 to #5 - luckymowse
Reply +6
(02/25/2013) [-]
Canada got rid of its penny, now we just round things to the nearest nickel. up or down. it hasn't quite been a month yet, but it seems to be working out alright so far.
#133 to #5 - pokemonstheshiz ONLINE
Reply +2
(02/26/2013) [-]
the military doesn't use the penny either, they round their paychecks up to the nearest nickel, the same can be done with sales
#20 to #5 - helltard
Reply +1
(02/25/2013) [-]
if they got rid of pennys you wouldnt pay 1.99 you would pay 1.95 so you would get a nickel instead of a penny. you dont need pennys. and nickels also cost more than they are worth so you might as well ban them too. meaning you pay 1.90 bam you just saved 9 cents that you wouldnt have before
#21 to #20 - jonnyp
Reply +3
(02/25/2013) [-]
or you would pay $2, they arent gonna make things cheaper because of an absence of a coin, no, theyll be greedy and charge you more.
#22 to #21 - helltard
Reply 0
(02/25/2013) [-]
no. its a marketing thing, they make more money if they sell things for 1.90 than for 2$ because people by more thinking there is a noticable difference and the money gets made back by the company. thats why they dont already just sell things for 2$ as opposed to 1.99. also in other countries prices have not risen at all.
#8 to #5 - anon
Reply 0
(02/25/2013) [-]
Tell that to Canada who just retired their 1 cent coin. When you lose money minting it then what's the point of using it? Round every price to end with a 5 or 0 and even with taxes included all totals will be divisible by 5 (aka the nickel).

It's not hard.
#18 to #8 - anon
Reply 0
(02/25/2013) [-]
Thats only for cash. Debit and Credit stay the same
#14 to #8 - jonnyp
Reply 0
(02/25/2013) [-]
yea good, than that means you'll either gain or lose money. i say keep it. hell in europe we have a 2 cent coin (for the Euro) THATS something worthless.
#17 to #14 - anon
Reply 0
(02/25/2013) [-]
you cant use pennys or nickels in vending machines and the math has been done to prove that the amount of time we spend messing with small coins like pennys and nickels costs us money that we could be making doing something else. there really isnt a logical argument to keep them
#19 to #17 - jonnyp
Reply 0
(02/25/2013) [-]
there is if you use money to buy things other than things from vending machines, like for me, i use cash where i go, just me and the the person selling me the goods, here are some reciepts i paid in cash

992.23 Euro-land rover fender parts,
Brush Gaurd and spray paint 585,69
a reciept from Media Markt for 223.49

yea, im not rounding up and losing another cent. a penny saved is a penny earned. call me what you will, i make jokes about me being a capitalist pig, but when you dont make too much, every cent counts. i dont care how much it cost to manufacture it, make it smaller or something, it needs to be there as an equalizer.
#24 to #19 - helltard
Reply 0
(02/25/2013) [-]
here
www.youtube.com/watch?v=y5UT04p5f7U&list
it explains all the possible arguments for abolishment of pennies.
also it has nothing to do with capitalism or socialism. it just saves money
#23 to #19 - helltard
Reply 0
(02/25/2013) [-]
here
#7 to #5 - JariWeis
Reply -2
(02/25/2013) [-]
Nothing.

That's the way it is here :/
#15 to #7 - jonnyp
Reply -1
(02/25/2013) [-]
See you think logically. i like that, thumb up for you.
#63 to #3 - gorginhanson
Reply 0
(02/26/2013) [-]
start hoarding pennies
#118 - mariasaturnina
Reply +34
(02/26/2013) [-]
#88 - farblaze
Reply +31
(02/26/2013) [-]
Why we need the penny.
#204 to #88 - rshowat ONLINE
Reply 0
(02/26/2013) [-]
MEIJERS, **** YEA!
#48 - stiffbeefyone
Reply +22
(02/25/2013) [-]
Then I can't make these.......NOOOOOOOOOOOOO!!!!!!!!!!!!
#55 to #48 - anon
Reply 0
(02/26/2013) [-]
use a dime
#61 to #55 - yodaddysofat ONLINE
Reply +25
(02/26/2013) [-]
that wouldn't make any cents.....
#145 to #48 - mypenises
Reply +2
(02/26/2013) [-]
There are machines that do that to quarters now
#74 - A Pickle
Reply +8
(02/26/2013) [-]
THANKSOBAMA.gif
#117 to #74 - usernamecannotload
0
has deleted their comment [-]
#138 to #74 - nigeltheoutlaw
Reply 0
(02/26/2013) [-]
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#90 to #74 - lethargick
Reply +1
(02/26/2013) [-]
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#119 to #74 - gibroner
Reply +1
(02/26/2013) [-]
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#101 to #74 - whopperinfection
Reply +3
(02/26/2013) [-]
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#75 to #74 - lobocop
Reply +20
(02/26/2013) [-]
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#79 to #75 - randolphthebeast
Reply +9
(02/26/2013) [-]
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#190 - SubjectThree
Reply +18
(02/26/2013) [-]
Confucius say:

"Politicians have many dollars, but no cents."
#156 - hipthrusts **User deleted account**
+17
has deleted their comment [-]