Step 2 . . .
Seems the .gov loses money making money. Of course, the .gov loses money selling sex, which is really hard to do.
3 Responses to “Step 2 . . .”
Remember, I do this to entertain me, not you.
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August 23rd, 2007 at 10:17 am
At the start of the u.S. it was a crime to manufacture pennys but not to manufacture gold coins. Reason: it cost less than a penny to produce a penny but production of a gold coin cost _more_ than the value of the coin (value added by the stamping process — the coin face value _was_ the gold value).
So the problem here is _not_ the cost to produce a penny — that is just a symptom. The problem is the use of a monetary system that is in direct conflict with the u.S. Constitution.
August 23rd, 2007 at 8:47 pm
Heh. Read somewhere recently that only the government could have a license to print money and still be in the red.
August 26th, 2007 at 7:59 am
Get rid of pennies (they made sense 150 years ago, they don’t make sense today.) This would free up space in cash registers for dollar coins. Then they could discontinue the dollar bill as well. (Something else that is a “money losing” proposition.)