Paul Farhi’s Penny Hatred
Posted on 08.17.10 by Danny Glover @ 6:26 pm

Journalists feign objectivity for the public, but get them in a free-wheeling chat and they’ll spout opinions about anything — even the merits of coins.

Hence this Q&A today with Paul Farhi of The Washington Post:

READER: I was fairly shocked to see that they have redesigned the back of the penny. Does this seem like a waste of time to you?

PAUL FARHI: Yes. We should ban the penny and round everything up or down. Maybe take the nickel with you while we’re at it. Waste of resources, seems to me.

I happen to agree with Farhi about the penny, an annoying coin of no value in a country where inflation long ago made the penny worthless. I also happen to be an objective journalist in one format who still spouts opinions every day.

But Farhi’s condemnation of the penny — and of the dollar coin — came in the context of an online chat where he cautioned other journalists to choose their words wisely so they wouldn’t be suspended for revealing personal bias. How ironic.

I guess it’s safe to assume that Farhi won’t be covering any future debates about the merits of the penny.


Filed under: Coin Collecting and Media
Comments:

1 Comment »

  1. [...] Kill The Penny! Posted on 12.01.11 by K. Daniel Glover @ 8:26 pm I don’t know much about monetary policy, but as a coin collector, I do know this much about “money” policy: America could save a bundle of money by killing off the penny: [...]

    Pingback by The Enlightened Redneck » Kill The Penny! — December 1, 2011 @ 8:28 pm

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