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Never Underestimate the value of the cent
#1
Posted 31 July 2009 - 11:55 PM
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1) Do You agree with the methods of the video?
2) Is the lady within her rights of denying the pennys?
3) Why do we have the penny's if we cant do this?
Note: Mods i know there is a thread for youtube videos but i wanted a discussion on this certain
video. if it gets out of hand i will ask for it to be locked but let it run a bit before you lock it
#2
Posted 31 July 2009 - 11:57 PM
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You just post the last part of the url in between yt tags.
#3
Posted 31 July 2009 - 11:59 PM
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It's money. She has to take it but it was just an inconvenience for her. That's it really.
#4
Posted 01 August 2009 - 12:01 AM
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As for the questions
1) Do You agree with the methods of the video?
Sure, they have every right to pay in whatever method they choose.
2) Is the lady within her rights of denying the pennys?
No, she is commiting a federal crime by refusing legal tender.
3) Why do we have the penny's if we cant do this?
Penny's are generally for the small transactions, but there is no law saying they can't be used for larger purchases.
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#5
Posted 01 August 2009 - 12:02 AM
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In fact, these guys didn't count out exactly 3,300 pennies. They got it in rolls from a bank and dumped them into a box.

#6
Posted 01 August 2009 - 12:09 AM
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[yt]Mzc8vS-ac-g[/yt]
1) Do You agree with the methods of the video?
Yes of course. They have a right to pay however they want. But being an [wagon] about it - just to score a point and to make a funny video, while the car was towed because the man didn't obey the the laws [when and where he chose to park his car] is unavoidable. I have no qualms about saying that it is "his" fault.
2) Is the lady within her rights of denying the pennys?
No. But it is an inconvenience for her.
3) Why do we have the penny's if we cant do this?
Pennys are useless. It costs so much money for the mint to produce them. And copper is relatively expensive. Same thing is happening here. Our smallest denomination - the 5c piece is going to be phased out within years.
Also, the guy looks like the Sandman from Spiderman 3.
#7
Posted 01 August 2009 - 12:12 AM
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It's legal tender. She can't refuse it. Just like the video said, it's a federal crime to refuse legal tender.
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I don't know about the US but in the UK, they can legally can choose not to accept anything over a certain ammount in pennies. It's a discretionary thing here although I presume they can still change it over at a bank.
That being said, paying in pennies is just petty when taken to this extreme.

He who learns must suffer, and, even in our sleep, pain that cannot forget falls drop by drop upon the heart,
and in our own despair, against our will, comes wisdom to us by the awful grace of God.
- Aeschylus (525 BC - 456 BC)
#8
Posted 01 August 2009 - 12:14 AM
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That being said, paying in pennies is just petty when taken to this extreme.
Yes, exactly. The man shouldn't be so angry that he had to wak 10 - 15 miles to his house after his car was towed.
He was the one who parked it where it was clearly not allowed. And hence it was towed. No one's fault but his own.
However if it was towed away for no reason, [highly unlikely], I'm sure this would be much more humourous. But right now, that guy, is acting like a child.
#9
Posted 01 August 2009 - 12:17 AM
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That being said, paying in pennies is just petty when taken to this extreme.
Yes, exactly. The man shouldn't be so angry that he had to wak 10 - 15 miles to his house after his car was towed.
He was the one who parked it where it was clearly not allowed. And hence it was towed. No one's fault but his own.
However if it was towed away for no reason, [highly unlikely], I'm sure this would be much more humourous. But right now, that guy, is acting like a child.
I do agree with that. He shouldn't be angry that he got caught parking where he wasn't supposed to, but he is still allowed to pay in whatever method he chooses.
What I don't like though, is that he is punishing the clerk, even though she did nothing wrong. It was the driver of the tow truck who took his car away, not this poor lady.
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#10
Posted 01 August 2009 - 12:30 AM
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It's legal tender. She can't refuse it. Just like the video said, it's a federal crime to refuse legal tender.
No it's not. It's the same thing when places won't accept $50 or $100 dollar bills. Places can accept whatever money they want.
#11
Posted 01 August 2009 - 12:32 AM
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#12
Posted 01 August 2009 - 12:37 AM
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It's legal tender. She can't refuse it. Just like the video said, it's a federal crime to refuse legal tender.
No it's not. It's the same thing when places won't accept $50 or $100 dollar bills. Places can accept whatever money they want.
This is straight from the U.S. treasuries website.
Question- I thought that United States currency was legal tender for all debts. Some businesses or governmental agencies say that they will only accept checks, money orders or credit cards as payment, and others will only accept currency notes in denominations of $20 or smaller. Isn't this illegal?
Answer- The pertinent portion of law that applies to your question is the Coinage Act of 1965, specifically Section 31 U.S.C. 5103, entitled "Legal tender," which states: "United States coins and currency (including Federal reserve notes and circulating notes of Federal reserve banks and national banks) are legal tender for all debts, public charges, taxes, and dues."
This statute means that all United States money as identified above are a valid and legal offer of payment for debts when tendered to a creditor. There is, however, no Federal statute mandating that a private business, a person or an organization must accept currency or coins as for payment for goods and/or services. Private businesses are free to develop their own policies on whether or not to accept cash unless there is a State law which says otherwise. For example, a bus line may prohibit payment of fares in pennies or dollar bills. In addition, movie theaters, convenience stores and gas stations may refuse to accept large denomination currency (usually notes above $20) as a matter of policy.
Source: http://www.treas.gov...al-tender.shtml
I guess they can refuse it if they have a policy that states so, but they just can't refuse payment because they don't want to count it.
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#13
Posted 01 August 2009 - 12:42 AM
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It might be a hassle, but it's legally okay. Just like towing someone's car is a hassle on them but you're legally allowed to do it, no matter how trivial the parking violation.
#14
Posted 01 August 2009 - 12:43 AM
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#15
Posted 01 August 2009 - 12:43 AM
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Why make someone else's life difficult just because you were stupid enough to get a parking fine?
#16
Posted 01 August 2009 - 12:46 AM
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Why make someone else's life difficult just because you were stupid enough to get a parking fine?
Yes. This is it.

#17
Posted 01 August 2009 - 01:07 AM
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Second, don't places of business have the right to refuse service to people who are being [bleep]s or something?

sleep like dead men
wake up like dead men
#18
Posted 01 August 2009 - 01:17 AM
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#19
Posted 01 August 2009 - 01:41 AM
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First off, that video's hilarious.
Second, don't places of business have the right to refuse service to people who are being [bleep]s or something?
Under normal circumstances, yes. You can refuse anyone service if you want (not on a basis of race, gender, religion ect...). However this is entirely different, since they had his car.
#20
Posted 01 August 2009 - 01:53 AM
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First off, that video's hilarious.
Second, don't places of business have the right to refuse service to people who are being [bleep]s or something?
Under normal circumstances, yes. You can refuse anyone service if you want (not on a basis of race, gender, religion ect...). However this is entirely different, since they had his car.
It's not the woman's job to count pennies. If he wants his car back then he can walk home and roll them up or come up with some bills then come back.

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