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@  barmysworld : (09:17 PM)

yo

@  Material : (10:24 PM)

https://discord.gg/rN57wJg

@  Material : (04:06 PM)

join the discord

@  Material : (04:06 PM)

goldy i see you lurkin

@  Swampy : (01:44 AM)

message removed by moderator

@  Beeb : (10:28 PM)

:ronan:

@  Cheddahz : (02:30 AM)

everyone should join the discord

@  Guest : (11:06 AM)

f

@  ASTOREA2K : (04:29 PM)

@Fig join discord

@  Fig : (12:19 AM)

Good to know the forum still exists

@  Android XVII : (04:50 AM)

i feel like adam gone forever he fully a cancer

@  Wyatt : (04:59 PM)

Sup everybody

@  Wyatt : (04:59 PM)

Yo yo

@  Uhhimani : (03:32 PM)

jk ily

@  Uhhimani : (03:32 PM)

bby ass

@  Uhhimani : (03:32 PM)

im p sure he actually a cancer lol

@  Uhhimani : (03:31 PM)

is Adam bck nao

@  BEazy : (07:01 AM)

Imagine using the Shoutbox and not the discord

@  Android XVII : (09:12 PM)

where u work

@  Swampy : (01:31 AM)

Gonna call in sick tomorrow

@  Swampy : (01:30 AM)

I’m smoking big hash but I hate my job

@  Swampy : (01:29 AM)

I moved to Denver Colorado shits dope

@  Android XVII : (12:03 AM)

hiccups lowkey scary

@  Uhhimani : (02:39 AM)

I was drunk idk why my first thot was to come on here and post that..lol

@  Uhhimani : (01:46 PM)

I hv the hiccups rn. its terrible

@  A Fuckin Rad... : (10:55 PM)

First time logging on in over 6 years, just to find out UGK passed... this some 'ol bullshit

@  Android XVII : (10:30 PM)

its all good i forgive u

@  chrisb : (04:02 AM)

oops my bad

@  Android XVII : (08:54 PM)

i kno for a fact u did

@  chrisb : (01:04 AM)

i never had u on snapchat i don't think

@  Android XVII : (12:19 AM)

wtf hell naw u older than me u were always mean to me u blocked me on snapchat

@  chrisb : (04:26 AM)

:dance:

@  chrisb : (04:26 AM)

i'd get ur back android but u were mean to me when i was 16 so

@  chrisb : (04:25 AM)

it was ugk's bday the other day

@  Android XVII : (03:18 AM)

and its no OFT without khaled.... shut the whole website down its no point anymore RIP ugk17

@  Android XVII : (03:17 AM)

i was hating on white woman on twitter and khaled got mad at me and abandoned all of us

@  chrisb : (10:11 PM)

what happen

@  Uhhimani : (08:29 AM)

: /

@  Android XVII : (04:19 PM)

if u follow me on twitter that aint shit compared to other things i said
its cancer season my guy was in his feelings das all it is
wya pooch
im in colton california pull up ill giv u the hands !!!! im fighting in the name of dj khaled and ima win cause americans can't lose to british ass fuckniggas

@  Android XVII : (04:18 PM)

i said its a lot of demonic elf looking white girls and my dude snapped

@  Android XVII : (04:16 PM)

u wasn't even there pooch stfu.... khaled sensitive ass got offended by a tweet how is that my fault

@  Pooch : (02:28 PM)

Hey Android, if I ever see you I will smash you into a pulp you useless cunt, fuck you.

@  tylersgay : (11:18 AM)

you know what im out too

@  tylersgay : (11:18 AM)

fuck MTY

@  tylersgay : (11:17 AM)

damn we lost a brother

@  tylersgay : (11:17 AM)

im the new manager of oft ladies and gents

@  Android XVII : (05:19 AM)

say it to face pussy

@  Android XVII : (05:19 AM)

fight me matty

@  Android XVII : (01:47 AM)

u wasn't even there matty

@  Android XVII : (01:34 AM)

:earl: :earl: :earl: :earl:

@  MTY : (01:08 AM)

bro shut up

@  Android XVII : (12:50 AM)

fucka twitter beef

@  Android XVII : (12:49 AM)

prayers up for my nigga khaled until i die

@  Android XVII : (12:48 AM)

bruh i love khaled im forreals sad i hurt his feelings i aint mean to do all that i jus b wildin on the internet.... i genuinely did not think i could affect somebody else mental state with internet words

@  Android XVII : (12:37 AM)

we witnessing the end of an era

@  Android XVII : (12:35 AM)

i dont kno how i got banned from twitter off such an inoffensive tweet but i believe u

@  Android XVII : (12:34 AM)

<3

@  KHALED : (12:30 AM)

@ Steve Berman : (16 July 2013 - 01:38 PM)chick fil a doesn't hate gays, they serve me all the time

@  KHALED : (12:29 AM)

fuck this, enjoy the site. im changing my password to something i dont know and im not coming back

@  KHALED : (12:28 AM)

and no you dont have to take the job seriously, i dont ban people on here unless its that one weird dude Kendrick or whatever

@  KHALED : (12:27 AM)

oh shut the fuck up, i never got you banned, i never reported your dumb tweets i just blocked you

@  Android XVII : (12:21 AM)

really got me banned from twitter for 12 hours

@  Android XVII : (12:18 AM)

jus because i made fun of white womann on twitter

@  Android XVII : (12:17 AM)

khaled i kno u mad at me but please don't ban me from the shout box

@  tylersgay : (04:40 PM)

or can we fuck around

@  tylersgay : (04:39 PM)

@KHALED do we have to take the role seriously

@  KHALED : (01:43 AM)

to be*

@  KHALED : (01:43 AM)

anyone want to me management? im never coming back to this site

@  KHALED : (11:24 PM)

lil bitch

@  Android XVII : (09:24 PM)

detroit

@  KHALED : (01:09 AM)

im a big sean fanboy

@  KHALED : (01:09 AM)

boii

@  KHALED : (01:09 AM)

boii

@  Uhhimani : (05:48 AM)

:hansen:

@  ASTOREA2K : (11:24 PM)

@Uhhimani post ur nudes

@  Uhhimani : (08:58 PM)

*I needa stop drinking too I'm not an alcoholic but I suk too much dick when I'm drunk*

@  Uhhimani : (08:57 PM)

stop drinking and just use thc

@  Uhhimani : (08:56 PM)

pooch get ur life together

@  Uhhimani : (08:56 PM)

omg pooch is online ayeeee

@  Uhhimani : (08:55 PM)

u kno its forever papi

@  Uhhimani : (08:55 PM)

@KHALED ily 2

@  Uhhimani : (08:55 PM)

y'all ready for new bby $ muzic

@  ASTOREA2K : (12:40 PM)

make me admin

@  ASTOREA2K : (12:40 PM)

kevin

@  Pooch : (10:03 PM)

and potential virgin

@  Pooch : (10:03 PM)

Hey smitty I see you online, are you still a sad fat bstard

@  Pooch : (12:01 AM)

Because I was too wasted to make food and they were lying there from the morning

@  Android XVII : (11:20 PM)

grossss why are u eating cold beans

@  Pooch : (02:35 AM)

but at least i'm not smitty

@  Pooch : (02:35 AM)

life is bad

@  Pooch : (02:32 AM)

i am eating cold beans

@  Pooch : (02:29 AM)

i nedd more acllohol

@  Pooch : (02:28 AM)

i have spnet the past two hours cruying

@  Pooch : (02:28 AM)

fuck smitty though

@  Pooch : (02:27 AM)

troy is ignoring me

@  KHALED : (02:23 AM)

but i really do have a place here where you can stay

@  KHALED : (02:23 AM)

that or we sleep on troys floor in la

@  KHALED : (02:21 AM)

poor smitty

@  KHALED : (02:21 AM)

come to australia, i have somewhere for you to live @ Pooch : (08:52 AM) Edit icon Me and my girlfriend broke up so I am fucking depressed so I came here to cheer myself up by reminding myself that smitty is probably still a fat fucking virgin bordering on 40

@  KHALED : (02:21 AM)

@Pooch join discord


Photo

An essay


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#1 Jack

Jack

    Ryan's arm

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Posted 04 March 2013 - 11:11 PM

i have to write an essay for my economics class about current events every month. the topic i chose was the phasing out of the penny from the american currency system. i was kind of happy with it so i'm dumping it here to.




"The Future of the Penny"
I know many of us are trying the best we can to get by in life and are concerned about our
economy's current state. I mean, it's almost hard not to think about. But I feel that why there is certainly
plenty thought put into it there is not enough done. No matter how optimistic people seem to be about
the future, things haven't seemed to get any better. I believe simple changes can be done in our
everyday lives to slowly improve our economy little by little. One of these simple changes that can be
easily done is the removal of the penny from our modern currency system.

As you may already know, the cost of producing a penny is more than a cent. It currently costs
about two and a half cents to make a penny. The price of the metals used to make pennies, Copper
(2.5%), and Zinc (97.5%), have fluctuated the few past years. A few alternative notions have been put in
place, such as waiting for the prices of these metals to decline once again or making them with a
cheaper substance such as steel. The latter was done during the 2nd world war to conserve resources.
And while I think both of these notions are feasible I believe it would be better for our country on the
whole if the one cent piece was eliminated still. I doubt the former since the price of producing pennies
has only risen the past several years. Because while making them out of steel would save money, it
would be the matter pennies contain these slightly more-valuable-than-worth metals that they still have
value.

So what would happen to the pennies after all their value was phased out? Well this could
potentially spark up a new industry to melt down pennies and harvest the copper and zinc they contain.
A practice done largely in secrecy all ready as it is highly illegal to destroy government reserve. In
addition, the government has heavily restricted the exportation of coins. However, I believe after the
penny is discontinued the government will no longer put forth laws protecting it. From 1793 to 1857
there was a half cent piece, which once eliminated was no longer protected. Today, its value does not
come from what it was made from (a surprising 100% copper), but from its rarity. Re-sale prices for
these old half cent pieces ranges from around roughly 30 dollars for later minted coins to prices in the
thousands for the earliest and uncirculated coins.

A handful of counter arguments have been made in support of the penny. I have provided a
portion of these arguments here and have written responses.

• Prices will be rounded up, not down - This would mean that instead of saving four cents for each of the
millions of products and services currently listed with a price ending in .99 that each consumer would
have to pay a cent more. This, I believe, is not the case. In other countries where their own one cent
piece has been eliminated, prices have not rounded up. The current reason prices are always kept at a
.99 tail cost is for the psychological reason that it is an aesthetically pleasing price. With the removal of
the penny companies the nation over will alter their prices to a .95 tail cost instead.

• Nickels will need to be produced more, which currently cost more than five cents to make - This
argument is fairly valid. It currently costs about 11 cents to produce a nickel, which is a slightly less ratio
than the fraction of money spent on and for producing a penny. This is also why I wouldn't mind having
nickels made with steel for a short time. Paper money doesn't inherently have any worth to it substance
- wise right now, so why can't we do something similar with nickels before possibly eventually phasing
them out as well?

• Charities need pennies - Many times throughout the country you might have found yourself buying
something and dropping your spare change in a small plastic bucket by the side of the checkout counter.
Odds are that the majority of the change you dropped in these containers were pennies. In fact, I
believe that this may solely be what many people use pennies for anymore. While I certainly understand
that people may not want to part with their nickels, dimes, quarters, or (in the unlikely event) cash, as
easily as it is, I think after the penny has been invalidated, nickels shall take up their place as the lowest
common denominator of value and will be equally as spared.

• Abraham Lincoln should continue to be honored - I found this to be a more silly argument for the
penny. With the Lincoln memorials, appearances on stamps, namings of towns, cities and buildings after
him; and finally his presence on the Five dollar bill which certainly isn't going anywhere, I think this one
change will not be disrespectful in itself to one of our most celebrated presidents.


At first, discarding the penny may not sound like a very desirable concept, but after just a bit of
thought is put into it, I think it's understandable that this is one move worth making. Recently, during a
conference president Obama was asked about his stance on the penny disposal notion. To which he
replied, "I don't know". This kind of discussion doesn't quite assure me that our country is ready to start
taking even the small steps toward a better economy, even if the plans are all ready made to.




Sources:
http://www.vice.com/...d-so-should-you
http://www.snopes.co...y/pennycost.asp
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