He entered the bank while a dolly followed in his wake. Everyone looked at him at once when the sound of the coins was heard.
The coin master, Otha Anders, served as a supervisor for the Jackson School Board. He was the one to whom suspended children were sent, and they grew to love him.
Anders’s spouse and children were by his side throughout, but he had a somewhat dubious interest.
Something that began as a fun project developed into a passion, almost like an obsession.
Anders thinks that God is teaching him to be thankful with every penny he finds. He nearly always found a penny on the days he didn’t pray. He felt that was how God was directing him to express his gratitude.
Anders was a man of faith, thus he said prayers on the penny when most people would just wish for anything.
“I came to believe that finding a misplaced or dropped penny served as an extra divine prompt to always express gratitude,” Anders stated to USA Today.”There have been days when I have neglected to pray, and almost without fail, a misplaced or dropped penny has appeared to remind me.”
He kept them in five-gallon plastic water jugs for forty-five years. He surmised that he had hundreds of thousands of dollars stashed away, but he would soon find out.
The staff members had a great day trying something new when they carried the gallons to the bank. They used an ax and hammer to chop the pennies out of the water bottles. They had a number after five hours of chopping and counting on the coin counter.
Anders had saved $5,136.14 in pennies over the course of 45 years! That comes to roughly 114.4$ annually. In forty-five years, who would have imagined that a pastime of collecting pennies might result in a “old car”?
Anders, however, used his money to pay off a recent dental bill.
He was glad to put the money toward a worthwhile purchase. He used the remaining cash to support a family vacation and church donations.
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Automaker Suffers Major Losses of Billions Due to Electric Vehicle Investments in 2023.
As the push for electric vehicles persists despite public reluctance, the once-promising solution for environmental concerns is revealing significant drawbacks. Issues like inadequate charging infrastructure, limited range, battery problems, high repair costs, and supply chain disruptions have plagued the industry.
Despite these challenges, proponents like Joe Biden continue to advocate for electric vehicles. However, the lack of consumer interest has led to substantial financial losses for manufacturers. Ford Motor Company, for instance, reported a staggering $4.7 billion loss in 2023 from its electric vehicle product line, exceeding earlier projections.
The company attributed the losses primarily to intense competition driving down prices. With Ford selling around 72,608 electric vehicles in the year, the losses translate to roughly $65,000 per vehicle sold, an unsustainable business model. Moreover, Ford anticipates further losses, projecting up to $5.5 billion for 2024, particularly concerning in an election year.
Despite Chief Financial Officer John Lawler’s optimistic remarks about future profitability and customer adoption, the reality suggests otherwise. Ford’s flagship electric vehicle, the F-150 Lightning pickup, saw diminished demand, leading to production cuts. This setback is notable, especially as Biden’s administration aimed for 50% of new vehicle sales to be electric by 2030.
Watch Biden test drive the Ford Lightning pickup here:
General Motors has also dialed back production and tempered expectations, posting a $1.7 billion loss on electric vehicles in just the fourth quarter of 2023. Ford went on to state: “We said yesterday that we will launch our second-generation EVs when they can be profitable and deliver the kind of returns we want, and we will build a stand-alone profitable EV business. Meantime, we’re improving the contribution margin of our first-generation EVs.”
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