O Gawd, the Penny's Tail has been Salted.

Spade

Ace Poster
Nov 18, 2008
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Budget: Penny pinch

OTTAWA — This year's federal budget is going to cost Canadians a pretty penny.


Search the couch cushions, roll all those lucky pennies and take them to the bank, because the government has announced it will phase out the copper coins beginning this fall.


The decision, announced in Thursday's federal budget, came down to dollars and cents.
Due to inflation, "the penny's burden to the economy has grown relative to its value as a means of payment," according to budget documents.


"The penny is a currency without any currency," said Finance Minister Jim Flaherty. "Free your pennies from their prisons at home and donate them to charity."


@CDN_PENNY, a Twitter account created soon after the budget came down, wrote, in the voice of the scorned Canadian penny, "'Currency without any currency?' Hey Flaherty. Say it to my face, you clown!"

What to do? What to do?
 
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Spade

Ace Poster
Nov 18, 2008
12,822
49
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Aether Island
Obviously, the penny will become a collectors' item.

OFFER TO CC MEMBERS ONLY
For a limited time, I wll ship 50 pennies to the first 10 000 to respond to this offer for $5.00 plus shipping and handling. Be first on your block to cash in on this once-in-a-lifetime opportunity. First come, first served.
Spade
c/o General Delivery,
Aether Island
 

petros

The Central Scrutinizer
Nov 21, 2008
109,407
11,455
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Low Earth Orbit
Flatulence says: it costs 1.5 cents to manufacture each penny.

Is that a copper penny or today's steel penny?

What he doesn't tell you and what won't show up on the books is a scrap value of the penny and how much they made from scrap copper.
 

Goober

Hall of Fame Member
Jan 23, 2009
24,691
116
63
Moving
Flatulence says: it costs 1.5 cents to manufacture each penny.
What he doesn't tell you and what won't show up on the books is a scrap value of the penny and how much they made from scrap.
What about a penny saved is a penny earned. What about that now. What will we use
 

Tonington

Hall of Fame Member
Oct 27, 2006
15,441
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The price of a thought has just gone up 400%. How can the government say they're investing in innovation, they're pricing thought out!
 

SLM

The Velvet Hammer
Mar 5, 2011
29,151
3
36
London, Ontario
The price of a thought has just gone up 400%. How can the government say they're investing in innovation, they're pricing thought out!

The price will drop. They'll be selling it 2for1 before long.

Not many seem to want them.

Not a lot of thinking going on out there. LOL.
 

damngrumpy

Executive Branch Member
Mar 16, 2005
9,949
21
38
kelowna bc
What to do no more pennies? I protest, we should take to the streets.
For the poor they are being threatened no penny for their thoughts as
mentioned but it puts strain on the rest of the community. By that I
mean, right now they don't have two nickles to rub together If there is
no pennies in circulation, it will cause a shortage of nickels and that
means the bar is raised, to not having two dimes or quarters to rub
together and that is very serious indeed.
 

Spade

Ace Poster
Nov 18, 2008
12,822
49
48
9
Aether Island
The price of a thought has just gone up 400%. How can the government say they're investing in innovation, they're pricing thought out!

I knew it; another thoughtless move. Still willing to sell mine- 10 for a dollar, or deeply discounted for volume, a roll for $5.00.

What to do no more pennies? I protest, we should take to the streets.
For the poor they are being threatened no penny for their thoughts as
mentioned but it puts strain on the rest of the community. By that I
mean, right now they don't have two nickles to rub together If there is
no pennies in circulation, it will cause a shortage of nickels and that
means the bar is raised, to not having two dimes or quarters to rub
together and that is very serious indeed.


What will I use for tips?
 

Cannuck

Time Out
Feb 2, 2006
30,245
99
48
Alberta
Obviously, the penny will become a collectors' item.

OFFER TO CC MEMBERS ONLY
For a limited time, I wll ship 50 pennies to the first 10 000 to respond to this offer for $5.00 plus shipping and handling. Be first on your block to cash in on this once-in-a-lifetime opportunity. First come, first served.
Spade
c/o General Delivery,
Aether Island

That seems a bit steep. How about $3.99. You can round it up or down.