• Until last week I considered myself neutral on the entire penny issue. A recently published report sponsored by Americans for Common Cents (a pro-penny group backed by zinc companies) documents the effects if the Federal government were to take pennies out of circulation. Some of these negative consequences includes an effective 600 million dollar “rounding tax”, erosion of consumer confidence, and increase in the national deficit.

    I believe this report should be viewed with extreme skepticism. Aside from the copper coating, pennies consist of 98% zinc. I will admit upfront that I have no previous experience with the zinc industry or how it operates, but I think it is reasonable to believe they make a fair number of dollars producing all those pretty pennies for the US Treasury Department. Every time a penny is lost down between the couch cushions, dropped down a wishing well, or carefully placed in the path of an oncoming locomotive, the zinc industry is there to help produce a brand new one. That doesn’t even include pennies that just get worn out by getting jiggled around in pockets and purses on a daily basis. If pennies were to be taken out of circulation, I don’t think the zinc industry would be very happy.

    After reading about how important the zinc industry thinks pennies are to the survival of this country, I started thinking about how pennies fit into my life. Every night I take the change out of my pockets and put it into a jar that sits on my nightstand. Once the jar gets filled up I take it to my bank and put the money into my checking account. The jar goes home and the whole process starts again. If I lived in a world without pennies, I think it would take a little longer to fill up the jar, but the process itself would remain unchanged.

    I thought about this long and hard, and I have been unable to envision how pennies make my life any easier. Parking meters and vending machines don’t like pennies. Parking meters swallow my pennies, but don’t allow me to leave my car parked any longer. I guess it’s not worth their time to give them back. Vending machines generally spit the pennies out into the coin return slot. I suppose I would not be too happy if I was waiting behind someone who needed to insert 125 coins before the king-sized Snickers bar dropped out of the machine.

    Can our great nation survive without pennies? How can we fairly conduct commerce without the proper tools to pay the exact goods and services? The answer is that we do it all the time without even realizing it. Do you ever stop at a gas station and worry about how you are going to pay for gasoline that costs $1.59 and 9/10ths of a penny per gallon? Do you ever wonder how the gas station can charge 9/10ths of a penny for a gallon of gasoline? Of course not– the gas station just rounds it to the nearest penny when they calculate the total price. Sure, they could set the price at $1.60, but then it doesn’t seem like quite as much of a bargain.

    Pennies used to be produced entirely of copper, but in the 1980’s the composition was changed when the cost of producing a penny out of copper exceeded the value of the coin itself. According to Americans for Common Cents, it costs taxpayers 0.72 cents to produce a penny. What are we going to do when, as it did once before, pennies are too expensive to produce? How about pennies with holes in the middle? Or better yet, we could get rid of the metal all together and declare that any scrap of paper with the hand written phrase “This piece of paper is worth one cent” is legal tender up to four cents. At least that way we could all sleep easier knowing that we don’t have to pay 600 million dollars in these so-called rounding taxes.

    A sign that pennies aren’t valued in our society anymore can be seen in those little trays near the cash registers of most gas stations. A lot of people believe it’s easier to give pennies to a total stranger than slide them back into a purse or pocket. Do people leave their pennies in the tray because they believe in karma, or is it easier than having the coins stick around in their pockets until laundry day? Personally, I think it’s a little from column A and a little from column B. Either way, it doesn’t speak well for the value of a penny.

    In all honesty, I don’t know which course of action is the best for our nation. I’m sure that either way the sun will still rise each morning, another wildly successful boy band will rocket out from total obscurity, and people will find something else to annoy them in their every day lives. Perhaps somewhere down the road I’ll write another article that starts “What’s the deal with nickels? Why are they larger than dimes? Do they REALLY make our lives any easier….”

  • Assuming that I am not going to get hit by a meteorite or trampled to death in some freak Y2K riot, I have made it through another year to write my fifth Christmas letter. I’m quite impressed with my ability to stick with the program for five years now. I can’t really think of anything else off the top of my head that has involved such a level of commitment. I left my “Tamaguchi” in a restaurant a day after it hatched, college only took four years, and my longest romantic relationship was wrapped up in a little more than three years. What does all this mean? Not a thing. Now that I think about it, I took care of my dog for more than a decade, and I have stood by the Denver Broncos for even longer than that. Heck, I’m still waiting for that Haley’s comet thing to come back again. Perhaps my level of commitment is not as underdeveloped as I first imagined.

    In any case, it’s been a rather eventful year for me. As you may or may not know, I spent the first six months of the year working and playing in various parts of Europe. I wrote a letter about that way back in June, so feel free to read “Six Months in Amsterdam” if you haven’t done so already.

    Getting back to Boulder was an interesting affair. For some reason that I don’t quite understand, it takes roughly 5 times longer to fly from Europe to the US than the other way around. I think it has something to do with the fact that the pilots have to convert all of their calculations from the metric system back to our way of doing things. I walked by the cockpit during the flight where one of the crew members was asking “Now how many gallons are there in a kilogram? I always get that mixed up.” Regardless of the reason, I have to say that I have never had the chance to watch four complete movies in an uninterrupted 16 hour period. It really wouldn’t have been so bad, except that United Airlines picks out all the movies they show during the flight from the “Goober Bin” at the local video store. You would think that with all the money they spend on in flight video equipment they could find something more interesting to show than sappy B movies and old episodes of “Home Improvement.”

    Coming back to Boulder was a mixed blessing. I can’t really say that I like one city over the other, so I made two top ten lists about what I miss and don’t miss now that I am back in Boulder.

    Top 10 reasons for coming back:

    1. I’m afraid of the Euro.
    2. Electrical outlets are all weird.
    3. Company apartment has temperamental hot water heater.
    4. No 24-hour supermarkets in Holland
    5. I hated the “revolving door of death” at the Amsterdam office.
    6. You think parking is bad in Boulder!
    7. Cricket is just too hard to figure out.
    8. I like seeing the sun every now and then.
    9. No Taco Bell in Holland.
    10. Poor news coverage of the ongoing Ramsey investigation.

    Top 10 reasons for staying in Amsterdam:

    1. I was just starting to get the hang of snooker.
    2. Everyone sounds so smart on those BBC channels.
    3. Chocolate eggs with the toys inside.
    4. Eurodisney!
    5. Nobody cares when you urinate in the canals.
    6. Color coated money and coins that are actually worth something.
    7. The novelty condom shops.
    8. Numerous bars within walking distance of the apartment.
    9. The Chunnel.
    10. Public Transportation that doesn’t suck!!!

    After watching various Initial Public Offerings increase the value of a select few individuals by a couple of billion dollars (give or take a few hundred million), I’ve decided to form my own company with the intention of taking it public in the future. In order to capitalize on both the current Internet craze and the recent success of Martha Stewart’s IPO, my new company is going to center around a web site devoted to food recipes that focus primarily on the wants and needs of men. Feel free to check it out at www.boxostuff.com. My personal favorite recipe: Box o’ Cheeze Its.

    Well, every year I comment on my increasingly pathetic attempts at working toward my Master’s degree. I am proud to announce that this year I spent an all-time low three weeks attending classes. While still living and working in Amsterdam, I went through all of the trouble of applying to the Graduate Business program at CU. I started my Financial Accounting and Numerical Analysis night classes in late August. By early September I realized that neither subjects are very interesting in my own little world. I also discovered that as a reward for throwing in the towel quickly, the University gives back most of your money when you drop your classes in the first couple of weeks. At this rate, the only hope that I have of actually finishing a Masters degree is if scientists develop a computer chip that I can plug into my brain with all the relevant knowledge that I would have otherwise gained from sitting in class for two years.

    December has been a pretty busy for me as I have been feverishly preparing for any and all Y2K issues that might arise at the end of the year. While most people are checking flashlight batteries and chopping firewood, I am busy watching a lot of TV. I don’t know what the future will hold in the brave new world of the upcoming millennium, but I want to start it off with the reassuring feeling that I have committed every episode of “Charles In Charge” to memory. OK, in all honesty, I have bought into the hype just a little bit by going to the grocery store and buying an extra box of “Cheeze Its.”

    I’ve decided to start a new tradition of bestowing “Web Site of the Year” to the corner of the Internet that has arbitrarily provided me with the most laughs over the past year. This award goes to www.witcity.com. One section, called “The Lying Game” asks a new question every day and the top 10 most entertaining, insightful, or otherwise unique answers are posted the next day. It took me a while to get the hang of it, but in the past couple of weeks I have gotten five or six of my entries published the next day. I am not exactly sure why, but I’ve developed a knack for making fun of Sony’s latest high tech toy, the “Robotic Dog.” Here are some of the questions along with my winning entries:

    Q: What features are part of Sony’s new Robotic Dog?
    A: Docking procedure no longer requires human leg.

    Q: What are some of the merchandise spin-offs from “Toy Story 2?”
    A: “Toy Story 3” trailer: It’s Buzz Lightyear vs. Sony’s Robotic Dog.

    Q: What’s the most appropriate holiday gift to get for your boss?
    A: That Sony Robotic Dog, set to “Evil.”

    Q: In the Year 3000, what will be remembered about New Year’s 2000?
    A: Who would have imagined those Sony Robotic Dogs were going to evolve and enslave the human race?

    Of course there is a lot more to me than an endless string of Robotic Dog jokes. For example, here is the very first Lying Game Entry of mine that was published:

    Q: What is the plot of the new film, “Charlie’s Angels: The Movie?”
    A: Instead of working for the mysterious man on speaker phone, the Angels start a new job investigating questions submitted to the “Ask Jeeves” web site.

    That pretty much wraps things up for this year. All that is left to do is to wait and see how life is going to be different now that the year odometer is making the big flip. I’ve done extensive testing and I am cautiously optimistic that my lava lamp and drinking bird are both going to operate correctly come January 1st. I don’t think anything bad is going to happen, but if it does I’ll be able to relax a little bit knowing that even though I didn’t send out my Christmas letter until after December 25th, all of my friends will have gotten at least one good laugh before the world comes to an end.

  • Now that I think about it, the title sounds like a good title for a song. It would be kind of like “One Night in Bankock” but with less of a techno beat and more references to sex and drugs. In case you didn’t already know, I spent the first half of 1999 living and working in Holland. Here is my trip report.

    Technically, it’s illegal to buy and smoke marijuana in Holland. Of course it’s also possible that you will sleep walk into the nearby woods in the middle of the night only to be awakened by the sound of your leg setting off a bear trap, but most reasonable people don’t stay up at night worrying about getting caught. You can also go into special “herb” stores and get whatever other goodies that you feel the need to put into your body. Is this the best way to run a society? I really don’t know, but my experience has been that the number of people on the street that you don’t want to have anything to do with is comparable to any other large city I have ever visited. It’s way better than New York City.

    The other “selling point” of Holland is the legalized prostitution. If you go into the Red Light District you can shop around for women conveniently displayed behind the glass windows of their “shops.” Provided you have the money and you don’t have any visible open sores or other odd physical defects, you can have the woman of your dreams in convenient fifteen minute increments. Is this the best way to run a society? Once again, I really don’t know, but it doesn’t appear to be destroying the city. As one of my friends who came over to visit from Colorado said, “They still have pimps in Holland, but it’s more of a desk job.”

    Holland is chalk full of first rate public transportation. Based on my experiences and some information that I pretty much just made up, here is my advice on how to build a city without having to depend on automobiles: First of all, start building the city in the middle ages when people are too busy with things like neighboring armies, crusades, and the plague to ponder ideas like the internal combustion engine, traffic flow patterns, and the needs of the middle class. Combine this with a series of interlocking canals and you have a city that just isn’t very friendly to automobiles.

    There is actually a law in Holland that forbids the construction of parking spaces in the city limits. OK, OK, they don’t REALLY have laws in Holland, but it is almost impossible to find a parking spot in Amsterdam. The only vehicles that you see on the roads are taxi drivers and tour busses. Since their job is to just drive around all day it really isn’t a problem. Occasionally a lost tourist from a neighboring country will accidentally drive into town. The desperate search for a parking space ends when their fuel supply runs out and they are forced to stop in the middle of the road. When this happens, the angry taxi drivers and tour bus operators stuck behind the vehicle work together to push the car out of the street and into the closest canal.

    As difficult as it is to get around Amsterdam with a car, it’s quite simple to get around with the public transportation. Intercity trains, subways, trams, and busses all work together to get you where you need to go. After a long day at work it is a lot less stressful to get on the train than to have to drive an automobile. I think it has something to do with the fact that you don’t have to actually drive the train. They have people for that.

    While the trains in Holland are, on the whole, pretty safe, every now and then you will see things that make you wish you had waited for the next train. The most disgusting thing I saw on the trains was a guy who picked up a crumpled Heineken beer can from the floor in an attempt to extract the last precious drops of alcohol that the previous owner missed. There were also the two women on the train late one night who were shooting up heroin. The really strange thing was that nobody else on the train seemed to care.

    Whenever I hear the phrase “stick it where the sun don’t shine,” I always picture Holland in the winter months. Between the extreme northern latitude and constant cloud cover, the sun doesn’t make much of an appearance until the spring. Combine this with cold temperatures and a fairly constant drizzle of rain and you have a nation that doesn’t receive many tourists for half the year. The popular joke for the Dutch to say to foreigners goes something like, “Of course we have summer in Holland. Last year it was on a Thursday.”

    One of the most difficult aspects of my trip involved the language barrier. While the majority of the natives speak English, you never know when you will come across someone who can’t speak your language. Of course there are times when body language is more than enough to communicate information. A lovely example of this phenomenon occurred after a rather odd series of events put me in a unique situation with a young woman at a local restaurant. Our nonverbal conversation, insofar as it can be expressed in words, went something like this:

    Me: “I know that I am in the women’s bathroom in a busy McDonald’s restaurant. I’ll leave now”

    Her: “I don’t know why you are in the women’s bathroom in this busy McDonald’s restaurant, but I’ll let you save whatever small amount of dignity you have left at this moment in time by not screaming or otherwise drawing attention to the situation. I hope the rest of your day goes better than this.”

    Here is an interesting concept that is worth mentioning: in Europe, they play music videos on MTV. Sure, they play commercials and they have occasional news updates, but it’s mostly just videos. It seems like the producers of MTV in Europe realized that constantly broadcasting footage of a bunch of twenty-year-old college dropouts driving around the world in a Winnebago just isn’t very entertaining.

    I generally don’t keep track of any kind of vital statistics about myself beyond the usual, “my heart is beating,” “I’m hungry,” and “I’m currently standing in the women’s bathroom in a busy McDonalds restaurant,” but the past six months have seen some rather significant changes in my lifestyle. Here are some of the more interesting numbers that I came up with.

    Taco Bell franchises I found in Holland: 0
    House plants I killed: 1
    Different countries in Europe I visited: 6
    Number of fruit stickers I put on the phone in the apartment for no particular reason: 10
    Most consecutive days I was forced to wear long pants: 89
    Most consecutive days I didn’t eat at an American franchise fast food establishment: 121
    Days I didn’t see a “Saturn” brand automobile: 183
    Days I preserved the natural ecological balance of the back yard of the company apartment: 183
    (or, the number of times I mowed the lawn) 0

    I can honestly say that I enjoyed these six months in Amsterdam. For someone who hasn’t spent much time outside of Colorado, I have come to realize that there is a whole different world out there where people aren’t very tan, don’t wear sandals, and don’t have much interest in who killed JonBenet Ramsey. Sure, they get the words “soccer” and “football” mixed up most of the time and have adopted darts as their new national pastime just because a Dutch guy won the world darts competition last year, but these are small problems that can be easily overlooked. To quote the most commonly spoken phrase on any American talk show, “Can’t we all just get along?”