quote:President Donald Trump has not been able to persuade Congress that US national security requires the building of a wall at our southern border. If, however, a national emergency really exists, as the President insists, then he should take his case directly to the American people and look to other ways to pay for a wall -- ways that do not require the use of pre-existing taxpayer dollars.
Our suggestion is that the President propose issuing "wall bonds," or government-issued debt securities, to fund the wall. After all, the best measure of support for a government program is whether the public is willing to pay for the program.
The idea of selling government bonds to fund a government program is not new. In the first half of the 20th century, presidents were able to rally the public to pay for national emergency programs. During World War I and World War II, President Woodrow Wilson and President Franklin Roosevelt each undertook massive initiatives to raise the money that was needed to mobilize the troops through the issuance of bonds and imposition of higher taxes.
--------------------------------
When the world wearies and society ceases to satisfy, there is always the garden - Minnie Aumônier
--------------------------------
If you think looting is bad wait until I tell you about civil forfeiture.
quote:Originally posted by jon-nyc:
Am I missing something? It doesn’t get around the need for Congress to authorize the appropriation.
--------------------------------
When the world wearies and society ceases to satisfy, there is always the garden - Minnie Aumônier
--------------------------------
If you think looting is bad wait until I tell you about civil forfeiture.
--------------------------------
pj, citizen-poster, unless specifically noted otherwise.
mod-in-training.
pj@ermosworld∙com
All types of erorrs fixed while you wait.
quote:Originally posted by pianojuggler:
GoBondMe dot com
--------------------------------
When the world wearies and society ceases to satisfy, there is always the garden - Minnie Aumônier
quote:Originally posted by Piano*Dad:
I thought a "wall bond" would be some beautifully printed 19th century piece of paper issued by some defunct government that you frame and hang on your wall ...![]()
--------------------------------
When the world wearies and society ceases to satisfy, there is always the garden - Minnie Aumônier
Parents just don't name kids "Elva" anymore.quote:Originally posted by well-tempered gardener:
How about 20th century?
![]()
--------------------------------
pj, citizen-poster, unless specifically noted otherwise.
mod-in-training.
pj@ermosworld∙com
All types of erorrs fixed while you wait.