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Stop the Production of Costly/Useless Pennies!
  • Petitioning Gary Miller

This petition will be delivered to:

House Committee on Financial Services
Gary Miller
House Committee on Financial Services
Walter Jones
Chairman of House Committee on Financial Services
Spencer Bachus
House Committee on Financial Services
Judy Biggert
House Committee on Financial Services
John Campbell
House Committee on Financial Services
Andre Carson
House Committee on Financial Services
Francisco Canseco
House Committee on Financial Services
William Clay
House Committee on Financial Services
Emanuel Cleaver
House Committee on Financial Services
Joe Baca
House Committee on Financial Services
Robert Hurt
House Committee on Financial Services
Edward Royce
House Committee on Financial Services
Michael Fitzpatrick
House Committee on Financial Services
Steve Stivers
House Committee on Financial Services
Scott Garrett
House Committee on Financial Services
Steven Pearce
House Committee on Financial Services
Jeb Hensarling
House Committee on Financial Services
Maxine Waters
House Committee on Financial Services
Ruben Hinojosa
House Committee on Financial Services
Ronald Paul
House Committee on Financial Services
Bill Posey
House Committee on Financial Services
Sean Duffy
House Committee on Financial Services
Ed Perlmutter
House Committee on Financial Services
Brad Sherman
House Committee on Financial Services
Gregory Meeks
House Committee on Financial Services
Thaddeus McCotter
House Committee on Financial Services
Randy Neugebauer
House Committee on Financial Services
Blaine Luetkemeyer
House Committee on Financial Services
David Scott
House Committee on Financial Services
Kenny Marchant
House Committee on Financial Services
Nan Hayworth
House Committee on Financial Services
Donald Manzulla
House Committee on Financial Services
Kevin McCarthy
House Committee on Financial Services
Gary Peters
House Committee on Financial Services
Bob Dold
House Committee on Financial Services
Carolyn McCarthy
President of the United States
U.S. House of Representatives
New York-11
Rep. Michael Grimm
New York-02
Rep. Pete King
Massachusetts-07
Rep. Michael Capuano

Stop the Production of Costly/Useless Pennies!

    1. Nadine Clement
    2. Petition by

      Nadine Clement

      Newbury, NH

If you would rather watch then read the information there are a couple of Youtube Videos that are very imfortmative on the topic: 

http://www.youtube.com/watch?v=y5UT04p5f7U 

http://www.youtube.com/watch?v=nU4E6SSy5Yg

http://youtu.be/77C47XYm_3c or http://www.youtube.com/watch?v=k4g7z1XaUNA 

 

You have probably heard through the grapevine by now that pennies are expensive to make and that we actually spend more producing them then they are actually worth and it is terrible that there is not more outrage about such a needless spending of tax dollar money. Not only that, they are polluting the world, zinc has a lot of byproducts that are harmful (but I will get more into that later on in this).

In 2010 'Penny and Nickel Coints were produced at a loss of $42.6 million' according to US Mint Annual report which can be found here http://www.usmint.gov/downloads/about/annual_report/2010AnnualReport.pdf

According to the report 1 Penny cost 1.7 Pennies to make last year with the changes they made to make it lighter, while the Nickel cost a overwhelmingly 9 cents to make.

However there is not much of a movement to try to get pennies out of our system even though other countries have seen the advantages of not having pennies (Australia, and New Zealand being two of them). So what is taking so long for American's to change? Well we hate change. 

The Legal Tender Modernization Act (which would force the rounding off of all cash transactions to the nearest 10 cents, making the penny and nickel coin useless for everyday transactions) can be found here for more information on the terms of that bill please visit http://thomas.loc.gov/cgi-bin/query/z?c107:H.R.2528:

The following is a video that I found enlightening on the subject as well if you are not yet convinced that we need to do away with pennies. A Vblogbrother youtube sensation... http://youtu.be/77C47XYm_3c or http://www.youtube.com/watch?v=k4g7z1XaUNA 

This petition is for pennies being out of production, when needed in cash transaction the transactions are rounded, and nothing changes for ditigal transfers. The bill is included in the petition letter if you have any more questions do not hesitate to ask. 

The penny according to the National Association of Convenience Stores has calculated that pennies cost people 2 to 3 seconds more per sale on average.

 

It is also hurtful to the enviroment "making pennies wastes natural resources and is toxic to people and the environmentPennies are 3 percent copper, and 97 percent zinc and are primarily made from virgin ore. Making pennies from zinc and copper means mining for those materials." One of the main contributors is Red Dog Mine, which is the largest zinc mine in the U.S and puts off a lot of pollution and is the top TRI producer in the United States (see first link for reference) because not only do they not follow regulations but they also put out "large quantities of heavy-metal and lead rich mining tailings. The process of refining both metals can release sulfur dioxide (SO2), lead and zinc into the environment" according to a conversation with Mike's Bikes (a company refusing to use pennies in the California area) to read more about that conversation it can be found at http://www.triplepundit.com/2011/06/pennies-make-sense-all/ and the facts about the current description of the mine by the EPA can be found here at http://www.epa.gov/region10/pdf/permits/npdes/ak/ak0038652-fs-1208.pdf or http://www.groundtruthtrekking.org/Issues/MetalsMining/RedDogMine.html or http://www.epa.gov/TRI/tridata/tri08/national_analysis/pdr/2008%20TRI%20Workbook%20Section%20C.pdf or http://www.resourceinvestor.com/News/2010/2/Pages/Black-cloud-over-worlds-largest-zinc-mine.aspx or http://northern.org/news/epa-rescinds-key-red-dog-mine-permit-limits

If you want to read more about countries that have alread done this the following website lists them, http://www.calgaryjournalonline.ca/news/34-news/1260-the-end-is-near-for-the-penny 

The major opposition to retiring the Penny is Americans for Common Cents, the pro-penny lobbying group funded by the zinc industry and penny distributors


Read more: http://www.time.com/time/magazine/article/0,9171,1211567,00.html#ixzz1UjGJ3

http://www.retirethepenny.org/ is a site with more information as well on taking the penny out of the system.

Thank you for your time!

Recent signatures

    News

    1. Canada gets rid of the Penny

      Nadine Clement
      Petition Organizer

      http://www.youtube.com/watch?v=nU4E6SSy5Yg

      I just wanted to remind you that Canada has finally done away with the penny but the United States has not. Please take the time to tell others about this petition. And we can save the United States millions of dollars.

      Thank you,
      Nadine

    2. Canada Got Rid of the Penny!

      Nadine Clement
      Petition Organizer

      I wanted to inform you that Canada recently got rid of their penny. Please keep spreading the word that America doesn't need to spend 2.1 cents to make one penny.

    3. ALMOST THREE HUNDRED

      Nadine Clement
      Petition Organizer

      We have almost three hundred signatures! I want to thank you all that have already signed and ask you to pass me along, we can't make the work without lots of support.

    4. Reached 250 signatures
    5. A new article about the penny.

      Nadine Clement
      Petition Organizer

      Hopefully more coverage in the future?

    6. Reached 50 signatures
    7. Thank you for your Support

      Nadine Clement
      Petition Organizer

      Looking on other sites looking for support I found out that Zinc is very unfriendly to it's enviroment in making. One of the top places we have been getting Zinc from for years has hurt Alaska's land. For more information look at my updated page

    8. Reached 10 signatures

    Supporters

    Reasons for signing

    • Jenifer E EAST LONGMEADOW, MA
      • 25 days ago

      Why are we working to pay our government to waste our money? It's basic math! Time to dump the penny people!

      REPORT THIS COMMENT:
    • Virginia Mann SAN RAFAEL, CA
      • 29 days ago

      This is a no-brainer. Would any one in their right mind continue manufacturing an item that costs more to make than it is worth? According to Time magazine (9/22/14), the U.S. Mint lost $55 million last year making pennies, each of which cost 1.83 cents to make. Both pennies and nickels are worthless. Let's stop making them, and furthermore, let's urge everyone to turn in their pennies and nickels to the Treasury. (This might be done through local banks). Imagine how much that would put into our coffers!

      This petition needs to be made more visible.

      REPORT THIS COMMENT:
    • Evan Westurn ALLEN, TX
      • about 1 month ago

      Because pennies are dumb

      REPORT THIS COMMENT:
    • Ameerah Stewart UPPER DARBY, PA
      • 4 months ago

      I can't buy anything with pennies. No machines take pennies. It would take many pound of pennies for me to obtain something of value and SOME IDIOT made it illegal to get the scrap metal from it.

      REPORT THIS COMMENT:
    • Heather Tomchek APPLETON, WI
      • 8 months ago

      The 58 million + spent on pennies every year could be better spent on educational programs like the Center for Civic Education & Project Citizen.

      REPORT THIS COMMENT:

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