Comment: Not – Abolish US Cent Penny

Not – Abolish US Cent Penny

(c) Leo G Campbell       8/26/2017

Not – Abolish US Cent Penny

My Comment:

My university degree, is a B.A. (Batchelor of Arts) in Economics. I have studied the US economy, also Russia, Canada, former Yugoslavia, and others. I have much graduate work, toward an MBA (Master of Business Administration).

The US Treasury/US Mint should not find an excuse to abolish the US penny, or cent. There are several serious economic reasons to maintain the cent, as US legal tender.

With every change in presidential administration, somebody – bureaucratic or politician – sees that the cost of stamping out copper cents is just a bit more – than 1 cent in value.

Not as simple as that – who determines the actual, real value – of one cent? Me? You? Them? Good questions.

Under US currency law, each 1 cent – comprises 10 parts, or 10 mills. Mills play a part in quoting US retail gasoline prices – which are quoted everywhere in “dollars, cents, and mills.” Example: gas priced as $2.47/9 is $2.47 plus 9 mills.

Mills are still used in real estate and elsewhere, to compute real estate taxes.

The point is, if the US cent is deleted, a complete revision of retail and real estate, is required for such a deletion to work, and to avoid economic chaos.

Another serious problem, is the retail public’s – the retail business sector’s – greed reaction.

Note: “The Greed Factor” applies to all human enterprises. Rather than a “TGF’ it is “TFG”… the factor greed…

If there is no 1 cent, the millions of items, from candy bars to perfumes, that are priced at $0.57 or $24.98, have to change, because price must round to the nickel, the 5 cent piece.

Does the business round prices down? No – the greed factor rules that prices will ALWAYS be rounded UP. The $0.57 candy bar price will increase to $0.60, the three cents’ increase – is a 5.2% increase to the consumer. The $24.98 perfume reprices to $25.00 – a 8.0% increase to the consumer. Carried across the entire USA retail economy, there could be an immediate national retail inflation, of at least 5%. The disruption to the USA business economy could trigger recession, or worse.

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An Angel Cried He

An Angel Cried He

(c) Leo G Campbell      10/19/2017

http://www.leocamwrites.com     www.leocam2@msn.com

An Angel Cried He

– Out Of His Head

– An Angel Said

He Writes Things –

Words Down, Arranged

Kind Of Like & Spaced

– Doing The Times By Rhymes –

Time Studies

Doing The, To & You –

Ask

The

Last Any Angel Then –  Or Here

The Human The Where, And, As,

If

It Means When

Such Of –

Any Angel Shit

And Also In Dreams –

Human Things Lives

Their Bad Good Better Best

Things Wrote Down

Blessed As Needed:

Times, Rhymes –

Stacked Mortared Bricks

Thick As, Arranged

Where, And Is – What If Any… Dreaming…

Going On, In Any – Angel Mind?

– A Turned Angelic Head

– Cleans Up

Well, Pure An Angel Said

– “Whence Comes The Last Angel?” –

O – Out…  Out’a Hell?

To And You

Ask the Angel…

Can,

Any-Angel – Unnerstan’, Or …Ken, Where Due…

Write Things Humans?

Another Angel Said.

 

Happy Memory, Memories

Happy Memory, Memories

(c) Leo G Campbell       10/18/2017

http://www.leocamwrites.com       www.leocam2@msn.com

Happy Memory, Memories

Where Do You Find To

Agree, Did You Care –

Do You See Now

Perhaps, Reveal –

Memories To Steal

Back

From Away

Present To The Light

Every Day?

So Precious, So Much

Surprise, Jumps Into Your Eyes?

A Fatal Fawning, Perhaps

To Be Real, Too Really Feel,

In Your Mind?

Every Precious Human Being

Every Precious Human Being

(c) Leo G Campbell      10/10/2017      7/19/2017

http://www.leocamwrites.com      www.leocam2@msn.com

Every Precious Human Being

Takes The Sting Of

Being Alive

Wonderful…

Being Here…

Human Beings –

Them Wonderful Things

‘Round Them Angels

Human – ity Runs Rings

Wonderful…

Being There…

Human Beings

Wonderful

In Wilderness ‘O The World

In Wilderness ‘O The World

(c) Leo G Campbell      10/6/2017       10/2/2017       8/24/2017       8/2/2017

http://www.leocamwrites.com      www.leocam2@msn.com

In Wilderness ‘O The World

So Shall

Wild… We Dance Our

Wildness To Wilderness

On This Sphere

Set To: Weird – Medium

For: In The World

Allus Alone Together

– Dosey Doe… Still Goes Does

Th’ Dance…

– Parading’n Prance

Until You Die –

As I

Love

Mine Wildness In

My Dancing

The Wilderness…

Around The Sphere ‘O The World

Diane

Diane

(c) Leo G Campbell       10/1/2017

http://www.leocamwrites.com       www.leocam2@msn.com

Diane

When I Re-Call….

To Duly Re-Member

Thoughts & Memories

– Things Thang

– Ringing Ring An

Inanna

Diane Diana

Member

Was She Now –

Was/She

Wuzz… She Tried

Diane

Somewhat Pure & Young

Cried Out

To Bee….

Un-Requited Platonic

Still

Likes The Like Of Me –

Like Me

The

Super Snide Ride