With tedious media exaggeration and overkill on Democrat primaries, the recession, global warming and oil prices, it’s challenging to find anything really meaningful to ridicule, but I found a no brainer.

Washington — D.C. that is, neither the state nor George, rest his soul — reports that, “It now costs more than a penny to make a penny. And the cost of a nickel is more than 7 1/2 cents.” These are quotes from a recent news release.

With the government operating on our money, not theirs, this sort of inane information is dumped on us poor souls to keep us informed, since we finance this, among other lost causes.

In private enterprise, which provides the basis for our nation’s survival, when a product costs more than it is worth, that product is simply discontinued. Why do the wizards in Washington ignore the obvious?

With inflation, caused specifically by rampant and careless government spending, the penny and nickel have absolutely no relative value. It makes only common sense, as well as good business judgment, to discontinue production of both coins.

As far accounting is concerned, appropriate tax would be added, and the total rounded off to the higher next quarter. Why not up to the next dime, you may ask? Because, soon the dime will become the next coin too expensive to produce.

Why? Because we are represented by a tax and spend loony Congress, totally out of touch with reality.

God Bless America! Thanks to private enterprise, we will continue to thrive!

RICHARD DORAN
Parachute

This entry was posted on Thursday, May 8th, 2008 at 10:49 am and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.