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The Almighty Buck

Obama Pushes For Cheaper Pennies 825

Hugh Pickens writes "Time Magazine reports that hidden deep inside in the White House's $3.8 trillion, 2,000-page budget that was sent to Congress this week is a proposal to make pennies and nickels cheaper to produce. Why? Because it currently costs the federal government 2.4 cents to make a penny and 11.2 cents for every nickel. If passed, the budget would allow the Treasury Department to 'change the composition of coins to more cost-effective materials' resulting in changes that could save more than $100 million a year. Since 1982, our copper-looking pennies have been merely coppery. In the 1970s, the price of copper soared, so President Nixon proposed changing the penny's composition to a cheaper aluminum. Today, only 2.5% of a penny is copper (which makes up the coin's coating) while 97.5% is zinc. The mint did make steel pennies for one year — in 1943 — when copper was needed for the war effort and steel might be a cheaper alternative this time. What about the bill introduced in 2006 that the US abandon pennies altogether.? At the time, fifty-five percent of respondents considered the penny useful compared to 43 percent who agreed it should be eliminated. More telling, 76 percent of respondents said they would pick up a penny if they saw it on the ground."
Education

School Sends Child's Lunch Home After Determining it Unhealthy 554

halfEvilTech writes "A North Carolina mom is irate after her four-year-old daughter returned home late last month with an uneaten lunch the mother had packed for the girl earlier that day. But she wasn't mad because the daughter decided to go on a hunger strike. Instead, the reason the daughter didn't eat her lunch is because someone at the school determined the lunch wasn't healthy enough and sent it back home. What was wrong with the lunch? That's still a head-scratcher because it didn't contain anything egregious: a turkey and cheese sandwich, banana, potato chips, and apple juice. But for the inspector on hand that day, it didn't meet the healthy requirements."
Government

FCC Cracks Down on Robocalls 210

Cara_Latham writes "If you want to receive annoying robocalls from telemarketers you will have to opt in. Federal Communications Commission rules now require that telemarketers get your consent before dialing your number. Telemarketers will also have to obtain consent even if they had previously 'done business with' the consumer on the receiving end of a call."
Security

JotForm.com Gets Shut Down SOPA-Style 188

itwbennett writes "In a post on the company blog, JotForm.com cofounder Aytekin Tank alerts users that 'a US government agency has temporarily suspended' the jotform.com domain. He explains that it is part of an 'ongoing investigation' of content posted to its site by a user. Although which user and what content haven't yet been disclosed, there is speculation about forms used for a phishing attack on a South African bank. JotForm hosts over two million user-generated forms, and uses software to block fraudulent accounts (65,000 so far), so you can see there's plenty of opportunity for mischief."
Security

JotForm.com Gets Shut Down SOPA-Style 188

itwbennett writes "In a post on the company blog, JotForm.com cofounder Aytekin Tank alerts users that 'a US government agency has temporarily suspended' the jotform.com domain. He explains that it is part of an 'ongoing investigation' of content posted to its site by a user. Although which user and what content haven't yet been disclosed, there is speculation about forms used for a phishing attack on a South African bank. JotForm hosts over two million user-generated forms, and uses software to block fraudulent accounts (65,000 so far), so you can see there's plenty of opportunity for mischief."
Security

JotForm.com Gets Shut Down SOPA-Style 188

itwbennett writes "In a post on the company blog, JotForm.com cofounder Aytekin Tank alerts users that 'a US government agency has temporarily suspended' the jotform.com domain. He explains that it is part of an 'ongoing investigation' of content posted to its site by a user. Although which user and what content haven't yet been disclosed, there is speculation about forms used for a phishing attack on a South African bank. JotForm hosts over two million user-generated forms, and uses software to block fraudulent accounts (65,000 so far), so you can see there's plenty of opportunity for mischief."
News

Reuters Reports Death of Gaddafi In Libyan City of Sirte 302

syngularyx writes with a snippet from Reuters' report that "Former Libyan leader Muammar Gaddafi died of wounds suffered on Thursday as fighters battling to complete an eight-month-old uprising against his rule overran his hometown Sirte, Libya's interim rulers said. His killing, which came swiftly after his capture near Sirte, is the most dramatic single development in the Arab Spring revolts that have unseated rulers in Egypt and Tunisia and threatened the grip on power of the leaders of Syria and Yemen." An anonymous reader links to the news as reported by Al Jazeera (citing confirmation from the military spokesman of the National Transition Council). Time reports that many Libyans were celebrating even preliminary reports of Gaddafi's death.

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