Logbook: Rip off
Removing the penny was a bad idea and a scam.
In the year 2026 we bid farewell to the penny, But was the death of this penny warranted? I say no. Others will say yes and scream and stomp their feet saying “It CoSts 3.7 cents to make!” While this is a factual number i am going to call bullshit on this. There are more factors in the penny that make that 3.7 sound expensive but in reality the real cost of a penny is a fraction.
Pennies in of themselves are not a one time use commodity. If you have pennies laying around check the dates on them. More times than not you will find pennies that are 10+ years old. But is removing the penny logical? No…
Removing the penny from the currency system will inherently will not save any money for the average consumer. moreover, It will cost Americans much more than ever. Going forward with the elimination of the penny corporations and their products are suppose to round the prices to the nearest nickel. I really do not think they will use this logic at all. They will go for the greedy approach and round right to the next dime. This is an automatic Gift to companies. They will part out everything and charge you through the ass for the product.
Imagine a device made of 37 small parts, each costing 3 cents.
- Actual Cost: $1.11
- Fair Rounding: $1.10
- Corporate “Creative” Rounding: They’ll price each part individually at $0.10, turning a $1.11 product into a $3.70 expense.
Do i trust companies to do the right thing? Absolutely not! They will use methodology to make a bigger profit and scale their prices to make rounding in their favor. Companies are out there and they are not in the business to make humanity better. they are out to screw the consumers for the benefits of the shareholder. Do I believe every company will do this? No, they will start out honest at first but, once profits take a dive, they will use creative rounding in order to scale profits. Because why Improve when you can use some magic rounding and make a huge profit. I’ve made an example below to show how rounding can run away with pricing!
| Calculation Method | Price for 37 Parts | Percent Increase |
| Original Cost ($0.03/part) | $1.11 | — |
| Total Price Rounded (Fair) | $1.10 | -0.9% (Small loss) |
| Nickel Rounding (Per Part) | $1.85 | 60% Increase |
| Scam Corp Rounding ($0.10/part) | $3.70 | 233.3% Increase |
As you can see, this is not only bad but it can be completely destructive. But i digress I’ve strayed a little bit here. The statement a penny costs 3.7 cents is a shortsighted idea. Lets look at the penny. Does it magically disappear if it is used? No. Does it break easy? No! is the penny reusable? YES! A penny can stay in circulation for up to 25 years and be reused up to 2500 times. if the penny was a one time use device it would be a terrible thing! we’d be using more resources than it costs. but the penny in a year can be used 100 times. So lets break the costs down. since a new penny is not needed after use we can spread these costs. If we are to break this costs per used the penny is actually a very cost effective device.
If we say a penny is used 100 times in a given year in the first year the cost of this penny is actually closer to 0.037 Cents ! If we go for the average lifetime of a penny (25 years) 0.000148 cents. the cost analysis here shows the penny to come out on top, It’s worth it to keep. Why hide the penny? it can account for stealth inflation that hides inflation by elimination lower currencies to make it look like efficiency.
The Bottom Line: The “3.7 cents to manufacture” argument is shortsighted. Killing the penny isn’t about efficiency; it’s about stealth inflation. By eliminating the smallest unit of currency, we make it easier for corporations to hide price hikes and “round” their way into your retirement fund.
We need to talk about AI .
AI chatbots are becoming a daily interaction and the problem is they are all shit. Amazon for example has RUFUS, While sounding cool in nature it is the most annoying AI known to man. it keeps bothering as over and over. it is like
The idea of RUFUS if asked for is one thing but this thing is the collective powers of the bothersome waiter , a nosey neighbor , a know it all and attempted know it all. if you type teva shoes it tries to show you all sorts of garbage even though i typed [Teva] [shoes] , Rufus pops out and overtakes about 20% the screen throwing irrelevant bullshit at you .
The thing is …. AI has no idea of timing. if i typed shoes ands went through 50 brands and it popped up than i might be more apt to recieve help from the Annoying bot. but it comes on the screen like its trying to throw shit off the table and goes “do you this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this or this!” and you immediately get overloaded with bullshit that you are not looking for . No matter what you tell rufus it does not go away. Even if you tell rufus you hate every fiber of its being and you would rather be waterboarded and have a hot poker stuff up your ass, it still does not go away. Amazon …. seriously you cant push an AI that has no tact and has the patience of a waiter that waits for the exact moment you take a bite of your food to ask if everything is ok.
AI should be a choice . Not be forced. not be invasive. not be brash . The AI boon is not , it will fail and eventually companies will force AI to be under a price point. Google is already at this point . they have fucked over their google home devices.
The AI boon is fucking over every consumer and most people do not realize this , when a computer has an “ai” chip they have done nothing to the chip to optimize it . in all likelihood you could get AI on a 486 chip however slow. The price of RAM and storage is going through the roof because companies are stealing every bit of data they get their hands on. If i copied anything like that they would go copyright infringement but they steal 99% of what’s out there.
When companies are sticking AI on everything they can as a sales point you know that for the most part AI is bullshit.
Wells Fartgo and the idoits who run it and shake down old people.
It’s been awhile since i have typed up something on here and I’ve made it a point to catch up and get something on here. I’ve been dealing with a mortgage company from hell or pretty close to it and, it does take a lot of time. I’ve tried to reason with this company , I’ve tried pleading , I’ve even tried to get them to realize this mortgage was flawed from the inception. It’s gone to the point of throwing lawyers at the bank and seeing if they will listen, Ironically they are trying to play deaf, dumb and, blind to said lawyers. Rather than replying to any request the lawyer sends out they in turn reply to us and try to scare the hell out of the people in this house by sending people to “check if the property is occupied” it is alright.
The first instance of these so called inspectors ended up with a man trespassing on to the property and recanting on how he “beat his son and went to jail for breaking his arm”. he’d also went on about responsibilities and such to my mother, I was not home at the time and It only was made known a few days later to me. Now fuckstick stuff like that and being a representative of a large company hiring thugs sounds like something out of a movie plot that Brian De Palma would direct. That said alone it is a threatening posture to take . he Was told to leave the property and while being told he continued to keep taking pictures of the yard inside the yard and inside the garage. Now I don’t take nicely to people trespassing on my property nor masked threats, You don’t treat people like they are shit nor to you recant your life as a criminal when you’re representing a company. Calls to wells fargo went unanswered or passed off to different departments, and treated as if it did not happen.
The Second incident took place Not more than a month later. Again a person trespassed into the yard and was either looking around or otherwise , When confronted he went to his car and sat in the car with the windows up, when confronted the person would not identify who they are and what they were doing. After a momment that person put down there window and said “HI” and than pulled out almost hitting the person trying to get some identification from this person to who and what they were doing, since all they leave on the house is an envelope with a phone number in it. unknown to asshat whom almost hit someone he has been caught on camera and pictures exist of the incident.
I was livid and called the number in the envelope and asked when since wells fargo was trying to corner the market on murder, to which the person said sorry and said there was nothing that could be done since it was a third party , My ass…. They are hired by wells fargo and they control what these little droids do. Its nothing short of bullying and scare tactics in order to scare the people whom have mortgages with the company, I’ve fought my way through this and if i even started on the fraud that wells fargo has done I’d have to rename this site Wellfargofraud.net.
It has got to the point where if i call my own mortgage company they will not talk to me in ANY details about anything other than pay us money , if you want information from us its Subpoena only. I was forced on to the mortgage, I was defrauded on the Initial application and since 2008 I’ve been trying to confront this issue to which wells fargo(wacovia) has categorically ignored any and all communication from me and will only talk to my mother. to this end I’ve sacrificed almost any credit i have in order to keep this house due to this scam of a loan. Wells Fargo/Wachovia/World Financial has got away with defrauding almost every American out there and with the foreclosure fraud settlement they have basically got away with murder without as much as a slap on the wrist. 36 billion is a drop in a bucket the size of china when it comes to how much they have invested into derivatives / oil / securities and everything else.
I could write all the issues i’ve been having in this post but I think I’d overrun the internets bandwidth in doing so with this company and how they treat people. So I will save it for another couple of posts….