A penny for my thoughts? You’re over-paying.
I’ve heard that it costs the United States Treasury more than one cent to produce a penny. Obviously these people went to American schools because where else would you come up with the idea to spend more money creating an item than the item itself would ultimately be worth?
And then, complicating the irony of it all is the fact that this is currency we’re talking about. We are losing money making [literally] money.
But worse yet, why do we still continue to do it.
Once upon a time, copper was cheap and the U.S. penny actually possessed the ability to purchase something. Not much, but something.
Nowadays if all you have is a penny in your pocket — or two or three — you ain’t got squat. I can’t think of anything that a penny will buy. (Except “your thoughts” and for some people’s, that’s over-paying… another issue entirely.)
And yet, the U.S. Treasury is coming out with a new penny. Never mind the fact that there was a campaign I’d heard of a few years ago to get rid of the penny entirely (because of its out-dated-ness, the folly of its cost, and so on) and just kick the lowest form of U.S. currency up to a nickel. (BTW, I’d sign that petition.) So essentially, they are going to continue to use taxpayer money to create new money that is less valuable than the expenditure it took to craft the money in the first place.
From the moment it rolls off the production line it’s an exercise in silliness. And yet, they continue to do it. Why?
Cause that’s the way it’s always been done. (I guess.) I only wish they would take a lesson from our schools.
D’oh!
Anyone notice that we, in education, still seem to do a lot of things for what seems like the “cause that’s the way it’s always been done” reason.
I guess those in glass houses shouldn’t throw stones at the penny makers, huh? I mean, I could bash and bash this new penny idea on and on but at least the U.S. Treasury has money.
Schools, we certainly don’t. Matter of fact, we’re so hard up that to us pennies look like benjamins.


Yesterday I wrote about how first and foremost I must raise my standardized test scores. I also expressed how I was disheartened by such a cold, black and white reality.
America’s definition of wealth is warped. And the definition of wealth we teach our kids is skewed as well. (After all, I should know. I think the way I have been taught to think about ideas such as “worth”, “value”, “assets” and so on are exceptionally demented being that the monetary association is always my first and foremost barometer for these definitions — when I know in my heart that family, health, service to others and so on are much more meaningful to me once I slow down and count up all my chickens.)
Another very big study was just published as to what keeps teachers in their jobs — particularly at urban schools.
As the President has made abundantly clear, he believes the nation needs more post-high school education. He’s lobbying for it. He’s speaking about it. He’s even putting our money where his mouth is.
Hmmm, will digital textbooks simply replace traditional textbooks so that the wheels of these entrenched, corporate behemoth money making machines just keep chugging right along?
So $100,000,000.00 was just spent (that’s right, 100 mill) and, as
I adore Obama and feel that he is spot on in so many ways when it comes to moving education forward in America to better meet the demands of the next generation.