So simple it's got to be stupid and I just don't see it.

[lukecuddy]

A thought

Comments

[taennyn]

Where's the interest money coming from?

How is abuse of the system prevented? Who's accountable for how the money is spent, and why?

What about national-level things like parks and freeways? Would individual volunteers be paid, somehow?

[lukecuddy]

That really is a trick, on the first part. I would tentatively say a state bank, which would use loans and investments like any other bank to make profit, providing a return for the account as well as additional funds for the state. When it comes to banking powers at the state level, my knowledge as admittedly woefully under par, but it seems there should be a way to do this. I'd prefer the state level, as its then subject to federal review. I don't want the funds accessible by federal agencies, but I feel a healthy watch dog system is always appropriate