. >>> and ahead on the edge, how often do you pay for things with pennies? and in this a cst.  . >> the neighbors to the north are getting rid of the penny and as fox's christian wright reports, the u.s. may do the same. >> reporter: the penny. even in the hardest of economic times, it's still just a penny. they pile up in that dirty penny stash not even any good in a vending machine. >> it's a pain in the neck. i didn't say the other word. >> reporter: the penny literally is not worth a dime. >> and in my opinion, they like metal coat hangars hanging in the closet. get rid of them. >> reporter: the penny is deeply rooted in american history. a visit in largo reveals their iconic pa past. >> and they're one of the first coins the united states government made in 1973 and still here today. >> reporter: if it was to ever go like it is in canada,. >> and it would be sad to see the penny go. it would be. i understand that it costs 2.4 centss to make each penny and it's a part of the american way. >> reporter: american pennies, spike, have come and gone

and taxpayers lost $60 million producing pennies and $56.5 million producing nickels.l change would cause rounding issues and smat is some point, computers may take the place of physical coins and bills. >> there will come a time when the coins will be something just for a museum, probably not in my lifetime, perhaps in into my 16-year-old son's lifetime where the electronics will get so easy and so cheap that even when you want to go to the local candy store and just buy 17 cents of candy you use a credit card. >> heather: critics argue doing everything electronically would not be fair because consumers would have a record of all their purchases. >> heather: thank you very much for that two cents. >> that was good. >> gregg: nobody uses penny anymore. >> somebody gave me a penny the other day, i didn't know what to do with it. >> here is powerful question. can a business refuse to hire obese workers is in a hospital in texas doing precisely that. it may actually be legal. >> heather: and women will go to the voting booth in the november election and both president oba

them. 2.41 cents for pennies and 11 cents for nickels.ir penny. end production this month because of similar budget issues. some say united states do the same. the united states treasury wrote a petition for the white house to dump the american penny. in response the obama administration said the u.s. mint is actively researching to find more economical ways to produce our coinage. >> two major ways for a coin to chance. losing weight and having a different or cheaper metallurgical. in 1773 when the u.s. federal coinage really took shape, most other kinds -- including the dime. >> for every dollar of pennies issued by the u.s. mint, we lose 1.40 cents. for nickels we lose 1.24 cents. as you see here in 2011. taxpayers lost $60 million producing pennies. and $56.5 million producing nickels. we could do a lot with that money, couldn't we? >> harris: how does the u.s. mint handled issues like this. >> a half penny was used in the united states until 18 a 7. -- 1857. >> it's possible to think about alternatives one of which is just getting re

it's 2.41 cents for pennies and for a museum. probably not in my lifetime.year-old son's lifetime, where the electronics will get so easy, so cheap, that even when you want to go to the local candy store and just buy 17 cents of candy you use a credit card. >> that would be something, huh? critics argue doing everything electronically would not be fair, because consumers would have no choice but to have a record of all their purchases. some wonder if the days are numbered for using small change in america, just as happened historically. >> used to be, in 1857, at some point, used to be a large cent, and maller and lighter cent. the costs would outweigh the nominal value of a coin. >> for every dollar of pennies issued by the u.s. mint we lose $1.40. for nickels, we lose $1.24. in 2011, taxpayers lost $60 million producing pennies and $56.5 million producing nickels. the united states mint is actively searching to find more economical ways to produce our coinage. for example, lowering their weight or mixing the metals with different alloys. back to you. >> ve

she worth a penny. and to see clips of recent shows go to fox news.com/red eye.will see you back here at 5:00 eastern on" the five." coming up, john stocil, diane macedo and jesse joyce. >> time to go back to andy levy with the post game wrap up. >> do you have some bubba fever? >> yes, i watch hours and hours at the masters. it was loads of fun. bubba is good for the game, have i to tell you. having an american win and do really well. she a new face and a fresh face and it makes you forget tiger. >> racist. >> wow. >> somebody is -- wow. >> i like golf too, but not for those reasons. >> i feel so bad now. >> pab, are you back on "fox and friends" soon? >> yes, next week 5:00 a.m. >> they need to change that show to the the 5 a.m. >> how about fam like, five-am. >> joe, up -- upcoming gigs ? >> april 21st i will be in newport, rhode island. >> final thoughts on marriage? >> my opinion does not change during the commercial break. >> you know who agrees with him is baron vaughn slotenburg. >> i am not sure he does. >> he does. he has never been married. >> that's s

a penny. >>> and a new tax could be in the works. >> and advocates in favor of a bottle tax. why they want more money for better schools. >> and the committee tackles the problem of profiling. >>> and it has been 20 years the jackson five went on tour. details about where you can see four of the brothers as they get together for the summer. >>> and we're in need for soaking rain t may be at an inopportune time. >>> we're seeing slow traffic on the jfx. details on the commute coming up next. >>> good morning to you. coming up a shocking kidnapping a mother is gunned down in a parking lot. her three day old son ripped from her. we have details. >>> and on tape, car crashing into a market. we'll show you this video next. achoo! nasal allergy symptoms like congestion, runny nose, itchy nose indoors or out. prescription nasonex is clinically proven to help relieve nasal allergy symptoms any time of year. [ female announcer ] infections of the nose and throat and slow wound healing may occur. do not use nasonex until your nose has healed from any sore, surgery or injury. eye proble

it costs taxpayers a penny-and- a-half every time we make one. we will, therefore, stop making them. canadians might wonder why this was not done earlier. canadians might also wonder why public servants are sometimes asked to travel, when a videoconference would be easier for them and cheaper for taxpayers. canadians might be surprised to learn that some of the most massive documents the government produces are still printed on paper, when everyone now uses these documents online. if so, canadians will be glad to learn that we are putting a stop to these and other wasteful practices in every corner of government. because of our government's responsible choices, we can eliminate the deficit through common-sense, moderate restraint. we have no need to resort to the drastic cuts being forced upon some other developed countries today. we have no need to undertake the radical austerity measures imposed by the federal government in the 1990s. in fact, our government will return to balanced budgets, while continuing sustainable increases in transfers fo

a group called citizens to retire the penny and on the colbert report and the washington journal. for those of us who have a rationale, it is crazy but not necessarily going to get anywhere. then i started looking into the cost of cash in society. suppose an editor why did this idea that we could put together a short essay saying let's get rid of cash altogether. so much of our lives are moving to the digital realm. movies, music, books for some of us. why not catch? this is technology also ended is quite analog. we published a little essay and people go bananas. this is peculiar inconsistency number one about our world. cash to great extent we have pushed it to the margins of our everyday lives already. you are probably not paying your rent or your mortgage with a fist full of cash flow alone car payments or a sofa or a sweater or dinner tonight. it is not part of the modern economy in an enormous wave. those transactions around the globe are on computers anyway. if you officially or publicly suggest maybe it is time you will go crazy. where are the haters coming from? from every

next month it'll go to auction in new york and will fetch a really pretty penny. >>> and a blind 5-year-oldansas has her friend home where she belongs. the pit bull therapy dog was stolen from the front yard a few weeks ago and monday morning showed back up on their front porch. >> she woke up and came out to the living room and said there her is, it's my milly. >> she has scrapes on her face and body so the taylors think she may have been used for dog fighting but she seems to be okay. police are investigating. >>> let's get a last look at the forecast. >> you know it on those clouded if they clear out. we get a frost in northern maryland. if they don't you probably won't get a frost. >>> still plenty of cloud cover. we expect that to clear. all of northern maryland. tomorrow 62, by lunchtime. not bad. a chilly start in the morning but warming up in to the afternoon. so enjoy that and remember this weekend we are back in the 70s. >> all right. we will be back after this it. . >> that's all for us. you can get the latest online. when we aren't here you go there including the latest weather.

we're counting pennies and dollars is literally where we're at. if we're going to go for free muni for all youth, it will be imperative that we do find those sources of revenue in creative ways like i was talking about with some of the organizers a year ago. i'm hoping we can still look towards those opportunities to find a free muni for all youth in the future. and go with what we have got right now. we're pretty comfortable, we have funding for given the wonderful work of supervisor campos in sounding -- signing the funding at ntc. i commend that and the support from power and the community organizations that are here making that happen. there is a few amendments i want to make sure to get included in the resolution we passed to address some of the things that we can talk about that more. i wanted to explain that. thank you for that time. commissioner bridges: i would like to commend the parents and students. i voted to support this initiative last time because growing up in san francisco, i understand that difficulty in having funds to transpor

they will pay every penny. and he told me that they spend something like $1.5 billion there on representing poor people in criminal cases. and they spend less than a third of that on prosecution. and i said to him, well, you know, what do people say about that? he goes, oh, the prosecutor's always complaining, saying that we're out resourced and it's not fair. but it's just the way it is. because that's the price of insuring that a poor person gets the same amount of justice as a rich person. here, for every dollar that goes 23450 law enforcement -- goes into law enforcement, incarceration, there's probably about five or six cents that goes to representation of poor people in terms of legal rights. so, you know, fundamentally it raises, i think, the discussion here, a very good question. that it comes down to really a question of resources. sheldon, let me ask you. in the stories that you try to tell, there is a moral there. you do talk about the death penalty. you do talk about -- and obviously there's a sensation

thank you very much pennies and welcome to the world of sports here's what we've got coming up the final four the champions league semifinals begin on tuesday as munich and rail madrid go head to head in germany. on his way italian media training the highest paid player in the world and the striker samuel eto is asked to leave russia for the returns into milan on the cards. monte carlo master a time champion rough on the doll returns to monte carlo despite concerns over a knee injury. starting with football then in the champions league is it the final four stage with one unit and real madrid getting the semifinals underway on tuesday they go head to head at the onion serina in germany in their first leg real madrid manager joe using rainier was looking to become the first coach to win the competition with three different clubs starting victories with porto in two thousand and three and into milan in two thousand and ten with the spanish side how to reach the final in ten years they currently have a four point lead at the top of the league and facing else classico with barcelona in betwee

america faces the same issue with pennies and nickels. the u.s. mint spends nearly 2 1/2 cents for every penny produced and distributed and just over 11 cents for each nickel. the u.s. mint is actively researching more economical ways to produce coinage, a challenge that world coin historians say dates back to when coins began thousands of years ago. >> there are two major ways for a coin to change... losing weight and... having a different or cheaper metallic alloy. >> this isn't the first time american coins faced possible extinction. for example, the halfpenny was dropped in 1857 because inflation had rendered its buying power obsolete. for "teen kids news," i'm eric shawn, "fox news channel in the classroom." >> you'll need sunscreen, but swimming is not allowed. as nicole reports, this trip to the beach is not for fun in the sun but to learn about our reliance on science. >> no pen and paper necessary. today's test is underwater. what chris and his teacher joel rodriguez catch in their net will determine if these students got today's assignme

this required nothing from congress, not a penny. and it affirmed the president -- that the president alone had real authority over the white house, which of course he does. truman insisted that he had improved the architecture of the building. that was in 1947. in 1948, a campaign button read, "harry, why did you build that balcony for dewey?" when immediately after his election that year, truman undertook on the direction of the army corps of engineers again, to rebuild the white house. he insisted it was a restoration. and he personally protected the original walls from abuse, insisting that they be saved. a new white house was built inside of them. those floors lincoln had tried went to ft. myers to landfill. truman was no antiquarian, but he deeply believed that the president should remain in the white house. and when the work was finished, he ordered that the room where lincoln's office had been be restyled the lincoln bedroom and furnished with objects lincoln had used. truman was very loyal to those walls. he was walking around w

jc penny and another home builder, lennar. them and they are in the lower end, lower quality part of the market. >> they are and the home builders got ahead of themselves. you are really talking about rental properties coming on and you are getting towards the bottom and not talking about massive amounts of houses being built. i would not be long home builders versus the short squeeze. they probably do go over lower. >> the trip advisers with the biggest increase in short interests in the past month. let's see. 15.8%. >> and stocks since december 15th have done well. 35 right now. i don't think this is the right trade on the back. this is a name you don't want to show up. you don't want to short it and buy it, but it keeps going up. >> jcpenney has an interesting one in the context of what the stock has done. there is more and more and maybe it's not enough. >> talking the other day about that the other day. the thing that's interesting is it turns into a colossal battle of the shorts and spiked up tremendously versus vor nade

we put reagan on the penny and then we get rid of the penny. solve two problems at one time. >> announcer: this is the "bill press show." >> bill: good morning, happy monday. it is monday, april 9. good to see you today. welcome to the "full court press." the "bill press show." your new morning show on current tv. good to be with you today as we tackle the issues here in our nation's capital, around the country and around the globe. bring you the latest and take your calls of course. here's what i want to know this morning. is a name-calling against president obama ever, ever going to stop? i mean rush limbaugh recently called him a jack ass. last week. karl rove called president obama a thug and now over the weekend senator, u.s. senator chuck grassley from iowa says president obama is just plain stupid. i mean you know, there used to be a day if you didn't like the man, at least you respected the office of the presidency. no more. not with this gang. first, let's get the latest, current tv news update. we'll go out to los angeles and say good

. >> jc penny and the salt with

people who are employed right now -- i was talking restaurant owners last night they are counting pennies and trying to careful. people are not coming out. they are paying so much for gasoline which he has two or three times as high when he took office. he needs to take credit. he has done a great thing. one of the few things he has done in keeping promises was promising energy prices would skyrocket. he has done a good job on that one. it has people seriously concerned about whether they should go out and spend money. that is why you are seeing the problems with retail. if he would get out of the way and let congress, especially the house of representatives bring about the will of people he would see a lot more confidence around the country and taking credit for the unemployment rate going down. hopefully they will send us a thank you note. >> neil: i'll put you as a maybe on his reelection. >> thank you so much, neil. >> neil: president signaling the job is not finished. >> we've got a long way to go. truth is we have a long way to go. >> we still have a long way to go. >> obviously we have

our bear today, howard penny, and bull, our bull on burger king is jim sanderson. you both for joining us. jim, let me ask you about this ipo in terms of being bullish here. what do you like about it? >> specifically, i think burger king has made great strides to adjust their menu. they have worked hard to figure out what is wrong with the brand and tried to repurpose the brand. and now we're going to start seeing them advertise. so they can support that new product introduction and close the product, something they haven't been able to do for a number of years. so it's not necessarily that they are trying to mimic mcdonalds. they are trying to get their customer base to expand a little bit to get an ice cream or a smoothie or a salad that you might get at wendy's. i really think they thought through their menu, they are trying to restructure it and that's the way you get consumers to try it and come back. >> howard, you don't like it. what's the other side of the story? >> i think this is story telling at its best. the recovery is yet to be seen for burger king. t

. >> she's gonna pay me a penny and a half. >> they knew that if they could get this trading engine establishedithout the controls that had been placed on speculators, they would have the ability to drive the price of energy products in any way they wanted to take it. when enron failed, we learned that enron and its conspirators who used their trading engine were able to drive the price of electricity up, some say, by as much as 300% on the west coast. >> is the same thing going on right now in the oil business? >> every enron trader who knew how to do these manipulations became the most valuable employee on wall street. >> but some of them may now be looking for work. the oil bubble began to deflate in the fall of 2008 when congress threatened new regulations, and federal agencies announced that they were beginning major investigations. it finally popped with the bankruptcy of lehman brothers and the near collapse of a.i.g., who were both heavily invested in the oil markets. with hedge funds and investment houses facing margin calls, the speculators headed for the exits. >> from july 15th unti

in addition to cutting out the penny and introducing digital cash, they have got elaborate coins of wayneretzky. they love their skaters. a bejewelled william & kate. the birds and the bees. a 3-dimensional glass ladybug, santa claus and bigfoot. bigfoot got his own coin. i do not know why he did. he's bigfoot. when we called the canadian mint about the dinosaur quarter, they were quick to point out on the other side of the coin was queen elizabeth. that side does not glow in the dark. they thought that was important to note. we're not sure if that helps or hurts carnie's chances with the bank of england, but a little creativity might help him. >>> we have breaking news tonight in the secret service prostitution scandal because just moments ago the secret service announced that three members have left or are being pushed out of the agency following a prostitution scandal which erupted in colombia ahead of the president's visit last weekend. now, the agency reported that one supervisory employee was allowed to retire. another supervisor employee was proposed to be removed for cause and a t

so we're still very close, penny and my sister lonnie and i, those eight years for laverne and shirleyoblem that comes up in the future, i can work with any. >> mike: and now that i've got you here, one of the questions, growing up in arkansas, i had no idea what the theme song meant. >> well, you don't. >> mike: shameal, shamile. >> you didn't have a lot of cement in arkansas. we had cement in the bronx. it was expression. at midnight late at night shooting the pilot and i didn't know what to do. penny, teach cindy do that that walk, i don't know what it means, but, it put them on. >> mike: the song was popular as the happy days theme. >> making our dreams come true is a great message. >> mike: and it's still one of the most recognizable theme songs that we probably have in america. there was one scene in the happy days series that probably gets more attention than any other, and it has, it's coined a phrase, i'm not sure you know which one i'm talking about, jumping the shark has now been sort of, i guess, phrased as, when you stretch something to its limits. did you have any idea th

extracting 25,000 tons of copper every year and is barely a constituent ingredient to any more in the penny and zinc mining and the rest of it. .. this is a little over an hour. >> welcome to cambridge for them, discussing deng ziaoping wit ezra vogel. i will serve as moderator. it's a great pleasure to introduce ezra vogel pities the henry ford americanist undoes japan and china and is visited asia every year since 1958. over his career, professor vogel is out there to collect the 15 books come in many articles for both academic and journalist for the japanese edition of his 1979 that japan is number one lesson for america is still the all-time best seller in america by western author. he began studying the transformation of china spending eight months at the invitation of the kwanzaa and explained the economic and social progress since he took the lead in pioneering economic reform in 1978. the result was a book which appeared in 1849. he retired from teaching in 2000 i arrived at harvard in 2007 and the encouragement and friendship that ezra has offered. a former junior college since his ret

what got my attention is at the end of last month, i saw that canada did away with the penny and theper said after all, they clutter your dresser, and they cost too much to make. they are a nuisance and have out-lived their purpose. so canada doesn't make pennies any more. they said they were not going to make pennies any more because the pennie cost in canada one and a half cents to make each pen penny. so i started looking into this. okay t canada is not the first. new zealand -- canada has joined the list of countries that have gotten rid of the penny and stopped making the penny t new zealand, australia, the netherlands, norway, finland and sweden. something about these scandinavian countries, they are a little smarter than we are. right? so then, i started looking into: what about the american penny? they are not going to take our penny away from us? are they? well, i think they might and i think they should. how about you? 866-55-press. did you realize, it costs -- okay. in this country because the penny 97 1/2% zinc, pennies today cost 2.41 cents to make every penny. so it cos

we can come up with systems to make up for our biases and seo company we thought we love the penny and we should really keep it around and oh weave of cash. we should keep it around. to me that is kind of defeatist and another category people by the way who are serious -- furious with me. we can't get rid of the penny. what is this idea of getting rid of cash? maybe i'm not quite such a pessimist yet. >> sometimes i think this is a -- and i'm one of those people that just really, i think it's a horrible, i mean there are so many people, elderly people, poor people, more poor people that will grab their smartphones and make a transaction? there's a whole huge number of people out there that this idea of everything being done by technology and if you walk by the lemonade stand and you are screwed, you are a scrooge if he cannot give people money. that is one of my joys in life. let me make the transaction and here is my phone. i mean it just feels incredibly classist. i don't is a -- although i would put that in there but not respectful of a whole huge segment of society. >> right, the p

to me for five years ago is, i, like many people getting interested in the cost of manufacturing pennies and nickels, but some which some people might know right now cost 2.5 cents to make a penny, so it costs a lot more than the value stamped into the object itself. nichols right now are around 10 cents per nickel, which is, i mean it's almost like you have to say it again. 10 cents for a nickel. i was seeing this in the news and a lot of people in a group called citizens to retire the pennies were getting mocked on the colbert report in the wall street general so those of us have sort of irrational streak say it's crazy but on the other hand we understood while it's not necessarily going to get anywhere. then i started looking into the cost of cash or more broadly in society and i proposed to edit this idea that maybe we could put together a short essay saying let's get rid of cash altogether. so much of our lives are moving to the digital round. movies, music, books sometimes for some of us. why not cash? this is a technology also and yet it is quite analog. so we published this little es

. >> jamal there are lots stories of people who come to washington without a penny and went home a few >> filed a lot of money here in washington. >> they wish. >> far beyond what they got through their payroll. still not bad in terms of -- >> yeah. i am working on protecting social security medicare because i figure i am one of the americans who also is going to rely on social security in part of my retirement. i think that's true for most americans and i am glad that we are able to do this but we have some other big items to take care of and to protect. i hope the republicans are diligent about making sure that we have transparency and protect the booirment income and security income for americans. >> amen now the president in the rose garden is going to sign a bill i don't feel so confident about. it's called "the jobs act." you voted against it. how could you vote against a jobs brill? >> it's not really a jobs bill. i actually think we are pretending to create jobs where we are not. the president is going to sign this and, you know, it was -- it's a bi-partisan pass in the house a

according to aaa, the national average for regular unleaded is now $3.94, that's up a penny and a halfe paying a month ago. >>> the economy will be the president's focus just minutes from now. he'll speak at the white house where he's hosting a forum on women and the economy. his speech is supposed to begin at 10:125 eastern. when it does, we'll bring it to you live. >>> a marine corps board is coming down hard on a sergeant who posted online remarks critical of president obama. last night the panel recommended that gary stein be booted from the military and given a less-than-honorable discharge. stein, an iraq war veteran, had posted anti-obama comments on four websites including his tea party facebook page. his attorneys say he was protected by freedom of speech, though. marine lawyers say stein's comments are prejudicial to good order and discipline. >>> what a difference a year makes for the university of connecticut men's basketball team. last year the team celebrated its third national title. on thursday, the school learned it likely will be banned from the postseason next year.

he's earned every penny and the chance that obama and michelle had, they got from their parents and theirts and their parents and they got a good education and a subsidized education because people like mitt romney's father paid their full freight so their educations could be subsidized and it's a great country and that's why they got a chance and mitt romney will continue to make it a better country. >> it is certainly a great, great country. thanks, guys, very much. >>> coming up, more of my exclusive interview with hillary clinton and leon panetta. y asked the secretary of state if we'll be calling her madam vice president one of these days or madam president any time soon. stand by. >> a car plows into a crowded supermarket. the video is incredible and what happens afterwards is even more amazing. [ male announcer ] this was how my day began. a little bird told me about a band... ♪ an old man shared some fish stories... ♪ oooh, my turn. ♪♪ she wain paris, but we talked for hours... everyone else buzzed about the band. there's a wireless mind inside all of us. so, where to next? ♪ the

. >> you have to look at the treasury market and try to pick up pennies and nickels. >> did anyone really think we were coming back -- democridn't think 2.4, we were on our way. it's like what's wrong with the world. >> i can't tell you how many people pushed back on our forecasts when we held at 2%, when we were at 2.4. just saying you're crazy, we're going to 3%. and now we're right back to where we're forecasting for the end of the year. >> and you position the fiscal drag in terms of what will happen with taxes, no matter what happens that will keep us -- >> if congress does nothing and we get about a 650 billion drag, we don't expect congress to allow all the bush tax cuts to expire. but we probably get some fiscal drag and growth may not be as positive next year as we're forecasting for this to be this year. >> so the fed 2014 thing is probably right? >> investors are sort of saying well, if they don't go this april or june, then they're not going to go. and we think they have that wrong in that the fed can go plenty of meetings after june. obviously the closer will he get to the el

to me for five years ago is, i, like many people getting interested in the cost of manufacturing pennies and nickels, but some which some people might know right now cost 2.5 cents to make a penny, so it costs a lot more than the value stamped into the object itself. nichols right now are around 10 cents per nickel, which is, i mean it's almost like you have to say it again. 10 cents for a nickel. i was seeing this in the news and a lot of people in a group called citizens to retire the pennies were getting mocked on the colbert report in the wall street general so those of us have sort of irrational streak say it's crazy but on the other hand we understood while it's not necessarily going to get anywhere. then i started looking into the cost of cash or more broadly in society and i proposed to edit this idea that maybe we could put together a short essay saying let's get rid of cash altogether. so much of our lives are moving to the digital round. movies, music, books sometimes for some of us. why not cash? this is a technology also and yet it is quite analog. so we published this little es