https://pjmedia.com/richardfernandez/2009/03/03/the-2-million-ton-penny-drops/feed/PJ Media is a leading news site covering culture, politics, faith, homeland security, and more. Our reporters and columnists provide original, in-depth analysis from a variety of perspectives.en-usWed, 10 Jun 2026 14:02:12 -0400<![CDATA[A Posteriori. Revising what you know about something based on the observed evidence. Recalculating your probabilities on the strength of how the coin turned out. The arithmetic should be simple: eight hundred billion dollars and the fact that a penny weighs 2.5 grams means that a two hundred million ton penny has dropped. It&#8217;s the size of two thousand aircraft carriers. Even solid Obama supporters are slowly approaching the gigantic coin to see if has turned up heads or tails.]]>Tue, 03 Mar 2009 12:12:53 -0500<![CDATA[Richard Fernandez]]>https://pjmedia.com/richard-fernandez/2009/03/03/the-2-million-ton-penny-drops-n187357