Stop minting dollar coins that nobody wants

Dec 14 2011 - 6:04pm

Every time I think our government can't possibly surprise me again, they do something to prove me wrong. In the Dec. 14 Standard-Examiner, a story about our government minting dollar coins really took me by surprise ("Too many? Production of dollar coins to all but stop; more than a billion unused").

In the past 30 or 40 years, it has been tried twice, that I remember, dollar coins with presidents on them are being made. The article said that we have more than a billion dollar coins that no one wants.To handle them, the Federal Reserve wants to spend $650,000 on a building to store them. They also want to spend another three million to transport all of these coins to the new facility in Dallas. Members of Congress also want to reduce production of these coins.

I'm sure I am missing something here, but I think we should pull the plug on the whole operation and use the coins that are already made to reduce one of our many debts. I'm sure that is using far too much common sense for the government to handle. Forget I said anything.

Bob Crosser

North Ogden

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