Lincoln was a Republican...there's a log cabin on one of the pennies.  Log Cabin Republicans...get it?  More proof of the gay agenda at work.

It's the end of the world as we know it, and I feel fine

"worth less than any other currency."

I was thinking of the South African Rand, of which a nickle (.05) would be worth less (2/3 of a cent).  But come to think of it, they do have pennys (the only place I saw this was at the grocery store, Pick and Pay, everybody else rounds (down) to the dime).

And then there's the neighbor to the north of ZA, Zimbabwe, which last time I saw was a few hundred thousand to the dollar.  Definitely more today.

Finally, there's a solid body of opinion out there that doing away with the penny might tangentially be a slam at Lincoln, whom we should all revere as "one of the greatest US presidents."

So do away with the penny and put Lincoln on a new 50 cent coin. Also, while we're at it, let's get rid of those pesky dollar bills. With all the financial problems this country is having, it's crazy that we're not taking advantage of these kinds of easy ways to save money.

There was a time when a penny had real value.  Inflation eats away at that value every year, which it has been doing relentlessly for centuries.  Now we have the problem that it costs more to manufacture a penny than the penny is worth.  One solution is to abolish the penny.  Another would be to devalue the currency.  The US could issue a new dollar, along with new coinage to go along with it, all of which could be valued at ten times the value of the existing currency.  There would be a certain transition period during which people can exchange their old currency for new (although collectors can of course keep as much old currency as they want, for their collection).  After that, only the new currency is honored.  Bank accounts and other purely electronic currency could be adjusted automatically.

We might expect that this is only a temporary solution since inflation continues to happen, but that doesn't really matter.  If the US has to issue a new currency once a century so that the buying power remains in the kind of range that we want, that is not too much of a burden.  It also gives the US the chance to periodically introduce new security features that will make currency harder to counterfeit.  It might make coin collecting or bill collecting more interesting.  And it's good for vending machine operators.