Well, my thoughts?
We should abolish the damn penny, that's what I think. What the heck good is this piece of currency in this day and age? Round everything up, or down to the closest nickel. How hard can that be?
The Canadian Mint would save on producing them and Canadians would be forced to take the buckets, jars and ceramic gnomes full of pennies back to the bank for real cash.
My idea is this:
Tell Canadians that they have until March 31st, 2009 to "turn in" their pennies at face value. Give us the option of donating all, or a portion of the turned in pennies to the Government. All turned in pennies can then be converted to dollars for re-investment by the Canadian government. That way, the money is "real" money and not just more money printed by the Government. (which messes with inflation)
Afterwards, the pennies would be sold by the Canadian Mint for scrap metal on domestic and international metal markets. All the revenue that is generated goes to a fund that is dedicated 50% to retaining real, sustainable CANADIAN jobs and 50% to improving services for Seniors.
I don't know how many pennies are out there, but in our house alone there is enough to weigh down a damn wheelbarrow. I am sure that it's the same in most Canadian households.
This alone would stimulate our economy and generate huge revenue for the Country in these tough economic times.
Tough times call for tough measures.
Who is with me on this?
No comments:
Post a Comment