At the same time our is congress trying to find a way to please everybody, win votes and pretend we aren't hopelessly up to our ceiling in debt; our Federal Reserve continues to make and stash U.S. dollars nobody wants. And even though the neglected mountain of money recently grew past the $1 billion mark, the U.S. Mint will keep making more and more of the coins under a congressional mandate.
One strange twist to the story was that some people have been using the Mint's dollar coin mail order program to get free frequent flyer miles. Tim Brooks just got back from a trip to Hawaii, all on miles, thanks in part, to the U.S. Mint.
Mr. TIM BROOKS: The round-trip flights for me, my wife, and my son, four nights in Maui in a condo, and then the inner-island flights between Maui and Kauai, five nights in Kauai at a condo, and then two nights at one of the nicest hotels on the island there.
KESTENBAUM: You just order the coins with one of those credit cards that gives frequent flyer miles. The mint pays for shipping and when the coins arrived, you could just deposit the coins and use the money to pay off your credit card. Free frequent flyer miles. Brooks said he tries to spend the coins he gets.
Anyway, I was just wondering why all those dollars couldn't be used to pay some of the money they owe to U.S. citizens in things like the congressmen's own paychecks, welfare, medicare, social security. Agreed, a billion dollars wouldn't last more than a day in this capacity, but at least it would be a way to get all those pretty little dollars out of the Federal Vault where they could be spent. And, just another thought, the U.S. Post Office could be used ship those dollars which would be giving a boost to another government program circling the drain. It sounds like a win, win, win to me!