A billion dollars in dollar coins are stacked up in Federal Reserve vaults around the country because Americans don't want them. The dollar coin program has become a waste of money and space. Congress initiated the effort to promote presidential history and to build up interest in dollar coins as substitutes for bills. But the government wildly misjudged demand.Dear Secretary of the Treasury Geithner:
I appreciate the importance of every American pulling together for the common good, and I am pleased to volunteer my efforts with this problem. There are limits to what I can do about this by myself, but I would be pleased to free up vault space for you; just ship me a million or so of those actually quite attractive dollar coins, and I guarantee you won't have to look at them again.
Let me go one better: I'll generously offer to drive to whatever Federal Reserve Bank is most suffering this problem, rent a truck, and haul all these useless dollar coins away for you, free of charge.
I look forward to hearing from you at your earliest convenience.
Very Truly Yours,
Clayton E. Cramer