Log In · Register

 

Debate Rules

Here are the general forum rules that you must follow before you start any debate topics. Please make sure you've read and followed all directions.

Debate.

money, pennies
smile4me
post May 28 2005, 10:46 AM
Post #1


E! Online
*****

Group: Member
Posts: 302
Joined: Sep 2004
Member No: 47,082



do you think the penny should be discontinued indefinitely?
(if they are no longer used.
their values still hold.
ppl get their money back.
rounding occurs.)

pennies should be dicontinued because...
rolls of 50 pennies cost 60 cents.
slow checkout lines (due to pennies) = lost productivity
US Mint has to create more pennies because ppl either throw them in the streets or keep them in jars at home (apparently, the Mint has some way of keeping track of the amount of pennies in circulation)
US Mint spends .81 cents on minting a penny. Pennies are only a little bit more than that, so US Mint spends more money on pennies than other coins.
Pennies are a hassle
Cant be used in vending machines or public transportation
People face ridicule when they take out a bag of pennies to pay for something

pennies should be continued because...
they are part of tradition
rounding would increase price and consumers would have to suffer the blow
charities rely on pennies for donations
zinc and copper makers will suffer (pennies are made of zinc and copper)

what do you think?
 

Posts in this topic
smile4me   money   May 28 2005, 10:46 AM
BrandonSaunders   Its interesting that you brought that up ebcause I...   May 28 2005, 11:31 AM
miss barnes   they should stay because since i dont really use t...   May 28 2005, 04:14 PM
ROARxD   thats a really intresting topic to bring up. and i...   May 29 2005, 09:29 AM
aera   they should be continued. some peopledont have any...   May 30 2005, 03:37 PM
kryogenix   My friend tried paying for Mario Party 64 in quart...   May 30 2005, 04:34 PM
CrackedRearView   Well for over 200 years the penny has been a succe...   May 31 2005, 03:09 AM
ItzOnlySydney   don't discontinue it! because what if you...   May 31 2005, 03:12 AM
CrackedRearView   QUOTE(ItzOnlySydney @ May 31 2005, 2:12 AM)do...   May 31 2005, 03:14 AM
kryogenix   QUOTE(CrackedRearView @ May 31 2005, 3:14 AM)...   May 31 2005, 02:24 PM
mipadi   QUOTE(kryogenix @ May 31 2005, 3:24 PM)No it ...   Jun 24 2005, 09:57 AM
kryogenix   QUOTE(mipadi @ Jun 24 2005, 9:57 AM)The 6% ta...   Jun 24 2005, 10:06 AM
smile4me   QUOTE(ItzOnlySydney @ May 31 2005, 3:12 AM)do...   May 31 2005, 05:55 PM
mzkandi   QUOTE(smile4me @ May 28 2005, 11:46 AM)People...   May 31 2005, 03:13 AM
CrackedRearView   Eliminating pennies would logically make a sales t...   May 31 2005, 03:19 PM
tungtwista   no. because there are some poor people out there. ...   May 31 2005, 03:30 PM
Spiritual Winged Aura   Well i have such a great idea, why not make a law ...   May 31 2005, 08:31 PM
Spirited Away   Wouldn't rounding hurt seller and buyer, depen...   Jun 1 2005, 03:13 PM
CrackedRearView   Which is why if this was implemented, prices would...   Jun 1 2005, 03:22 PM
esharp   I think pennies should stay because even though th...   Jun 1 2005, 04:32 PM
waitwaitwait   "US Mint has to create more pennies because p...   Jun 2 2005, 04:03 PM
b0st0ngrl   They should stay..a radio station near me once did...   Jun 2 2005, 04:10 PM
Paradox of Life   I actually don't ever hear about this as a com...   Jun 2 2005, 05:51 PM
xcaitlinx   umm of course they should be continued. even thoug...   Jun 2 2005, 09:03 PM
lAzN YiN YanGl   They should just round numbers to the nearth .05 o...   Jul 4 2005, 10:35 PM
sadolakced acid   sorry i have to do this.... i wonder tho, where yo...   Jul 4 2005, 10:50 PM
lbjshaq2345   yeah pennies are annoying but i dont think they sh...   Jul 6 2005, 01:11 AM
starlette   I love pennies. They are unique. they are the on...   Jul 6 2005, 01:24 AM
lbjshaq2345   i so agree they are very unique and very valuable ...   Jul 6 2005, 01:30 AM
CrackedRearView   Lbjshaq, I'll try to be as cordial as I can wh...   Jul 6 2005, 08:25 AM
lbjshaq2345   well its also about expressing ur opinion and lear...   Jul 6 2005, 09:47 PM
CrackedRearView   No, not really. You spammed about six threads wit...   Jul 6 2005, 10:07 PM
lbjshaq2345   which threads? can i see some quotes?   Jul 7 2005, 03:26 AM
CrackedRearView   Absolutely. 1) 'Is America' thread. iraq...   Jul 7 2005, 05:44 AM
sw33t_rouge   i hate pennies everytime i get them i toss them on...   Jul 7 2005, 06:43 AM
enyceXaddiction   errri guess it should be cont. then nothing would ...   Jul 7 2005, 04:34 PM


Reply to this topicStart new topic
1 User(s) are reading this topic (1 Guests and 0 Anonymous Users)
0 Members: