The Federal Government has assets, mostly in land. As alluded to earlier we as a nation could peg the dollar to land. This is good for several reasons.
First of all the Federal Government has too much land, so they could be made to give it up in this fashion, or a good portion of it. There is an arguable interest in mutual public ownership of land, but if we want that, we'd have to have an accompanying reduction in Federal Spending. There will be many arguments against this sort of solution. Perhaps the Feds are only required to sell land to fund deficits. Maybe they should have the right to sell off which portions they want to sell first. Perhaps mineral rights should be retained at a more local level, like the county.
There are a lot of Islands out there, in the South Pacific. Maybe if we freed up a few to be private property, maybe if a hotel could be built near "Hidden Lake" in Glacier Park, we'd be all a bit better off. There might be some need for covenants and zoning requirements. Maybe people could buy into US Citizenship with a certain size land purchase.
It's not a perfect solution, but having the Feds tie the buck to something real, would make our currency unique in the world. Unique and valuable. Next installment? How to deal with the problem of Washington DC itself, and yes, there is a solution.
First of all the Federal Government has too much land, so they could be made to give it up in this fashion, or a good portion of it. There is an arguable interest in mutual public ownership of land, but if we want that, we'd have to have an accompanying reduction in Federal Spending. There will be many arguments against this sort of solution. Perhaps the Feds are only required to sell land to fund deficits. Maybe they should have the right to sell off which portions they want to sell first. Perhaps mineral rights should be retained at a more local level, like the county.
There are a lot of Islands out there, in the South Pacific. Maybe if we freed up a few to be private property, maybe if a hotel could be built near "Hidden Lake" in Glacier Park, we'd be all a bit better off. There might be some need for covenants and zoning requirements. Maybe people could buy into US Citizenship with a certain size land purchase.
It's not a perfect solution, but having the Feds tie the buck to something real, would make our currency unique in the world. Unique and valuable. Next installment? How to deal with the problem of Washington DC itself, and yes, there is a solution.
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