SENATE BILL: Kill the Penny Act (Failed)

[President Marokai]

What if I don't want to pay $1.50 instead of $1.46???

Well personally I don't mind having pennies. Talk to Jbrase.

[So the Heroes Fall]

Valid idea behind the bill, but the points made by Marokai are valid. I'd support it but prefer a replacement of creating nickels in a cheaper method also be implemented.

[bgwah]

After waiting for about a week, I see no amendments have been proposed. So I am bringing this to a final vote.

Please vote aye, nay, or abstain.


Nay.

[Jbrase]

Aye

[Prez Duke]

aye

[Snowguy716]

Nay.

Let's just wait until a dime is worth what a penny is today and then just lob off a zero and call it a day.

[Senator Napoleon]

Aye

[RIP Robert H Bork]

NAY!

What Snowguy said.

[Jayhawker]

Aye

Why?

[Senator Napoleon]

This makes fiscal sense. It costs more to produce a penny than they are actually worth. There's no reason to continue to make pennies.

[Snowguy716]

This makes fiscal sense. It costs more to produce a penny than they are actually worth. There's no reason to continue to make pennies.

It would also make fiscal sense to get rid of the defense department.  But it doesn't make "common sense". 

Penny-wise and pound foolish say I.

[President Marokai]

This makes fiscal sense. It costs more to produce a penny than they are actually worth. There's no reason to continue to make pennies.

/sigh

In the short run it makes fiscal sense. In the long run, it is confusing, will tighten the penny supply without any plan on how to deal with prices, and will force the Mint to increase production of nickels, which have three times the loss of creating pennies, erasing most of the savings you get from stopping penny production.

This bill needed amending to something more comprehensive than a shortsighted half-measure. It also makes 'fiscal sense' to get rid of nickels, but you're not doing that, are you?

What's the point of being Game Moderator if few people listen to what I say?

[Senator Napoleon]

This makes fiscal sense. It costs more to produce a penny than they are actually worth. There's no reason to continue to make pennies.

/sigh

In the short run it makes fiscal sense. In the long run, it is confusing, will tighten the penny supply without any plan on how to deal with prices, and will force the Mint to increase production of nickels, which have three times the loss of creating pennies, erasing most of the savings you get from stopping penny production.

This bill needed amending to something more comprehensive than a shortsighted half-measure. It also makes 'fiscal sense' to get rid of nickels, but you're not doing that, are you?

What's the point of being Game Moderator if few people listen to what I say?

Uh, pennies will still be circulated so the problems you forecast wont occur until down the road. Besides, shouldn't the mint decide what composition to use for coins. It doesn't make sense that legislators would have to determine what specific alloy is used. That's something I'd consider an executive power.

[President Marokai]

This makes fiscal sense. It costs more to produce a penny than they are actually worth. There's no reason to continue to make pennies.

/sigh

In the short run it makes fiscal sense. In the long run, it is confusing, will tighten the penny supply without any plan on how to deal with prices, and will force the Mint to increase production of nickels, which have three times the loss of creating pennies, erasing most of the savings you get from stopping penny production.

This bill needed amending to something more comprehensive than a shortsighted half-measure. It also makes 'fiscal sense' to get rid of nickels, but you're not doing that, are you?

What's the point of being Game Moderator if few people listen to what I say?

Uh, pennies will still be circulated so the problems you forecast wont occur until down the road. Besides, shouldn't the mint decide what composition to use for coins. It doesn't make sense that legislators would have to determine what specific alloy is used. That's something I'd consider an executive power.

Coin production isn't exactly something that's out of the hands of the Mint either but it doesn't seem to be stopping you.

"The problems that will occur will happen later, so why the hell not?" is not a good rationale, however. If you admit this is flawed, but the problems don't happen until "down the road" why the hell are you passing this? If something is flawed, you don't pass it!

[Senator Napoleon]

Under the Constitution, the Senate is given the power to "establish coin and currency". We have the power to determine what the currency and coin we use will be. The executive, then, must act. So, whoever is determining how these are made, should make nickels more cost effective.

[Senator North Carolina Yankee]

Nay

It is a shame because I really liked the concept. It needed modification which it didn't get.

[So the Heroes Fall]

I echo NCY's concerns.

Nay

[bgwah]

Current tally: 3 ayes, 5 nays

This has enough votes to fail. Senators have 24 hours to change their votes.

[Fuzzy]

Nay

[bgwah]

With 3 ayes and 6 nays, this bill has failed.