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n/a
deleted
103 Posts |
 Posted - 04/01/2007 : 19:01:20
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U.S. Mint Decides To Eliminate The Penny
Coinflation.com Press Release
Posted April 1, 2007
U.S. Mint Director Edmund Moy announced today they will cease production of the U.S. cent immediately. "We met as a staff and decided a change is warranted at this time," Moy told a group of reporters in the U.S. Mint Pressroom.
Speculation had been mounting that the Mint would make a change soon. Recents public opinion polls suggested that removing the penny from circulation would be well-received and have little impact on the economy.
When asked why they're moving ahead with this change without congressional approval, Moy answered, "I consulted with the Attorney General and he advised me congressional approval wasn't necessary, despite what the constitution says. This is a decision that the executive branch has complete authority to make. Since I serve at the pleasure of the President, I made the call. It's a done deal."
When asked to further clarify if it was his decision solely, or made collectively by his staff (as stated earlier in the press conference), he suddenly didn't recall details of the meeting.
"I'm not really involved with the day-to-day, I don't recall who actually made the decision."
When further pressed about the details of the decision, Mint Director Moy stated that the penny has been prominently involved with financial transactions involving well-known terror groups. "Listen, we're trying to protect the American public from the terrorists by eliminating the penny. The security of the nation depends on this action. I think the American people know exactly what the threat is and we're just doing what's in their best interest."
Moy added, "To protect freedom, we're going to aggressively prosecute anyone attempting to use a penny, or even carry a penny."
The new rule goes into effect April 1, 2007.
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The above post is intended for entertainment purposes only and in no way reflect the opinions of the flesh and blood person writing the text. All writings under the screen name "copperhead" are merely a characterization of the personna created.
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Edited by - n/a on 04/01/2007 19:06:02 |
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Ryedale
Administrator
USA
523 Posts |
 Posted - 04/01/2007 : 21:16:31
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April Fools right?
If not I have much work to do to rid myself of these terrorist instruments. In fact I took change today with pennies, they must not have gotten the news brief on the official US Mint teletype and decoded the secret message, on what is legal tender today. The country is about to shut down. The sky is falling.........what about those pennies we dont know we have, like in our couch, or under the floor mat of the car.........or the one accidently stuck to our faces in the morning, after waking from a late night of hoarding and sorting........where did I put those penny loafers....I have to burn them........wait that would melt the penny.....OMG...As Mogombo says.........were all freeking doomed. Were all terrorists. 
Ryedale
Hoard Copper Pennies,
The market will develop |
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Canadian_Nickle
Penny Hoarding Member
Canada
938 Posts |
Posted - 04/01/2007 : 21:18:17
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I'm about to use your nachine to terrorize some 30 boxes of nickels next week.
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"A nickel's nothing to scoff at."
C. Montgomery Burns
HoardCode0.1: M28/5CAON:CA5Ni35000:CA1Cu1200:CA100Ag345:
CA10Ag250:CA50Ag100:CA25Ag30:CA500Ag48:US100Ag20:CA1000Ag16
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 04/01/2007 : 23:53:18
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Damn.. I know the cat dragged some of those pennies out of my bin and hid them around here somewhere. She is trying to get rid of me! I'm goin' to prison for sure!
"Preserving coinage.. 2 tons at a time"
M48/14USCA:US1Cu659700:US5Ni20560 |
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Penny Eilminated!
Forum Locked
