One Hundred Million Dollar Penny

Feel free to post your economic, business and political news, reports, and predictions concerning the U.S., Canadian, and world economy here. Please keep threads and posts on-topic.

One Hundred Million Dollar Penny

Postby natsb88 » Mon Dec 19, 2011 12:47 pm

User avatar
natsb88
Too Busy Posting to Hoard Anything Else
 
Posts: 8403
Joined: Thu May 01, 2008 3:00 pm
Location: The Copper Cave

Re: One Hundred Million Dollar Penny

Postby AGCoinHunter » Mon Dec 19, 2011 1:32 pm

Wow, are those all CU cents? Nice post there nats. Never heard of Karen though...
“Guard with jealous attention the public liberty. Suspect everyone who approaches that jewel. Unfortunately, nothing will preserve it but downright force. Whenever you give up that force, you are inevitably ruined.”
"The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government - lest it come to dominate our lives and interests.”
- Patrick Henry
User avatar
AGCoinHunter
1000+ Penny Miser Member
 
Posts: 1933
Joined: Mon Oct 12, 2009 10:00 am
Location: Deep South

Re: One Hundred Million Dollar Penny

Postby Mercuryman » Mon Dec 19, 2011 3:42 pm

Great video
User avatar
Mercuryman
Penny Hoarding Member
 
Posts: 544
Joined: Tue Jul 26, 2011 4:56 pm

Re: One Hundred Million Dollar Penny

Postby Thogey » Mon Dec 19, 2011 3:45 pm

That video made me want to throw up!

I don't think I understood the magnitude of our goobermint's irresponsibility. I knew the numbers but couldn't 'feel' the magnitude.

This video should have 300,000,000 views! Every American should be forced to take 6:32 and watch it.
If I have the gift of prophesy, and know all mysteries and all knowledge, and if I have all faith, so as to move mountains but do not have love I am nothing. And if I give all my possessions to feed the poor, and if I surrender my body to be burned but do not have love it profits me nothing.
User avatar
Thogey
Too Busy Posting to Hoard Anything Else
 
Posts: 8505
Joined: Sun Dec 06, 2009 3:00 pm

Re: One Hundred Million Dollar Penny

Postby Neckro » Mon Dec 19, 2011 4:19 pm

I want one of them pennys. =(
User avatar
Neckro
Post Hoarder
 
Posts: 2789
Joined: Thu May 08, 2008 10:00 am

Re: One Hundred Million Dollar Penny

Postby aloneibreak » Mon Dec 19, 2011 6:31 pm

excellent vid

i'll definately pass it on
My reading of history convinces me that most bad government results from too much government.

Thomas Jefferson
aloneibreak
Post Hoarder
 
Posts: 2944
Joined: Wed Jan 17, 2007 3:00 pm

Re: One Hundred Million Dollar Penny

Postby barrytrot » Mon Dec 19, 2011 6:53 pm

Great video. Very well done.

It made me a bit choked up actually, thinking of all the people that are hurt. Many of us here are "fine", but there are a lot of hurting people out there that could be LESS hurting with even 10% of that money directed to truly needy individuals.
User avatar
barrytrot
Too Busy Posting to Hoard Anything Else
 
Posts: 4609
Joined: Mon Dec 08, 2008 3:00 pm

Re: One Hundred Million Dollar Penny

Postby natsb88 » Mon Dec 19, 2011 7:23 pm

Not my video, but I did find it interesting (and appropriate for this forum :lol: )
User avatar
natsb88
Too Busy Posting to Hoard Anything Else
 
Posts: 8403
Joined: Thu May 01, 2008 3:00 pm
Location: The Copper Cave

Re: One Hundred Million Dollar Penny

Postby JadeDragon » Mon Dec 19, 2011 7:54 pm

someone should sort that stack of pennies.
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
User avatar
JadeDragon
Realcent Moderator
 
Posts: 5434
Joined: Mon May 19, 2008 3:00 pm
Location: Canada

Re: One Hundred Million Dollar Penny

Postby slickeast » Tue Dec 20, 2011 1:45 am

That's just crazy. I always said that the "bailout" money should have went to the tax payers. Let us decide who is "too big to fail"
You don't have to be the BEST you just have to be....... SLICK
User avatar
slickeast
Too Busy Posting to Hoard Anything Else
 
Posts: 6042
Joined: Thu Jan 08, 2009 3:00 pm
Location: South Carolina

Re: One Hundred Million Dollar Penny

Postby baggerman » Wed Dec 21, 2011 5:22 pm

Really puts things in perspective as my pea brain can't wrap itself around Trillions of dollars.
baggerman
Penny Hoarding Member
 
Posts: 624
Joined: Tue Nov 08, 2011 12:04 am
Location: Oregon

Re: One Hundred Million Dollar Penny

Postby Delawhere Jack » Wed Dec 21, 2011 5:48 pm

I'm forwarding the link to everyone in my address book. Thanks Nats.
I've gone Galt. Obama and all the other commie's can kiss my a....
User avatar
Delawhere Jack
Post Hoarder
 
Posts: 2331
Joined: Sun Feb 24, 2008 10:00 am

Re: One Hundred Million Dollar Penny

Postby NHsorter » Wed Dec 21, 2011 7:53 pm

Great vid. I hope they had a bag source because that's a lot of coin to unwrap!
“They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety” Benjamin Franklin
User avatar
NHsorter
Super Post Hoarder
 
Posts: 3300
Joined: Mon May 09, 2011 10:39 am
Location: Live Free or Die

Re: One Hundred Million Dollar Penny

Postby Numis Pam » Thu Jan 25, 2018 7:37 am

This is old news, but it still makes me furious even after all these years! Great video!!
Too Busy Sorting and Hoarding to Post Very Often! :-)
Numis Pam
1000+ Penny Miser Member
 
Posts: 1774
Joined: Sun Jun 06, 2010 3:00 pm
Location: Boomer Sooner

Re: One Hundred Million Dollar Penny

Postby MaxGravy » Thu Jan 25, 2018 10:09 am

With all that printing why haven't we seen massive inflation?
User avatar
MaxGravy
Penny Pincher Member
 
Posts: 224
Joined: Wed Mar 28, 2012 1:35 pm
Location: Lisboa

Re: One Hundred Million Dollar Penny

Postby NHsorter » Thu Jan 25, 2018 11:01 am

That money is not available to the public so it's not driving consumer inflation.
“They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety” Benjamin Franklin
User avatar
NHsorter
Super Post Hoarder
 
Posts: 3300
Joined: Mon May 09, 2011 10:39 am
Location: Live Free or Die

Re: One Hundred Million Dollar Penny

Postby Recyclersteve » Thu Jan 25, 2018 11:48 am

If he creates a website and packages those pennies (1 per package) and sells them, he could probably get quite a bit of money for his venture. Come up with some kind of clever name for the product and sell them for $5-10 each. He could make quite a bit of money. He could even call it a limited edition (1 of 100,000 or whatever the number is).
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.
Recyclersteve
Too Busy Posting to Hoard Anything Else
 
Posts: 4566
Joined: Sun Jan 20, 2013 5:59 am
Location: Where I Want To Be

Re: One Hundred Million Dollar Penny

Postby johnbrickner » Thu Jan 25, 2018 2:00 pm

I don't know how I missed this one but, TY for bringing it back. Well done Nate.
johnbrickner
Post Hoarder
 
Posts: 2674
Joined: Sat Jan 02, 2010 3:00 pm
Location: Upstate NY


Return to Economic & Business News, Reports, and Predictions

Who is online

Users browsing this forum: No registered users and 0 guests