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Home arrow The Wicked 7 arrow The Wicked 7 arrow 7 Ways the U.S. Government Can Fix Its Finances
7 Ways the U.S. Government Can Fix Its Finances Print
Written by Rob Roete   
Jul 28, 2011 at 05:55 PM

Seven

1) Gamble It - Not a full year's worth of income, mind you, but at least a month's worth. If the government took a month's worth of revenue and took it to Vegas to bet on roulette they would have a 50% chance of doubling their revenue. Of course, they shouldn't do this approach every time (just once or twice), and there is a chance they could lose it all, but even if they lost it it's not like they probably would have done a lot of good with it anyway. The only downside is that the Republicans would probably say that we should bet on black while the Democrats would say we should bet on Red. As a compromise the President would probably get both parties to agree to bet on green, which would make it very likely we'd lose the money (although, the potential gains from hitting Green could be huge).

2) Open Up Shop - Open a We Buy Gold store. With gold currently over $1,600/ounce, the government could make bank by buying old gold chains, melting and refining them, and selling the refined gold back to the market. They'd at least make a 200% return (until they find out a way to get 15 government agencies involved in the process and make it so we actually become the only We Buy Gold store that loses money).

3) Sell North Dakota - Sure, selling off part of the U.S. doesn't sound like a great idea at first, but when you're heavily in debt you need to liquidate. Who would buy it, especially with North Dakota being so cold? Canada would probably be the frontrunner, especially with the strength of their currency now and the fact that Canadians like to go south to vacation. This would be one step closer to California for them and would give them some major bragging rights. England could be another option, since they've always wanted a piece of America (although, some may not want to sell to our tea-drinking friends since this could give England a land-base to launch the sequel to the War of 1812). Unfortunately, North Dakota is one of the few states that doesn't have a budget crisis currently, but that should make it even more attractive to potential buyers.

4) Sell Naming Rights - This may be the most controversial one yet, but could potentially make a ton of money if handled the right way. Pick a month (say September) and each day sell the naming rights for the country. September 3rd could have us with the name United States of Microsoft followed by United States of Disneyland on September 4th. All official memos, websites, etc. would be changed for that one day to list the sponsor of the day. If negotiated right, the country should be able to get $10 - $100 million a day for the sponsorship (and, if they only use U.S. companies, potentially drive the U.S. economy with consumers deciding to buy from these companies). Maybe if Columbus, Ohio was a sponsor we could give them a special discount just so we could have the United States of Columbus for a day (extra bonus if the sponsorship is on Columbus Day)

5) Sell Moon Land - Sure we have this little agreement that no one actually owns the moon, but I'm sure we could strong-arm our way past that issue (we did plant our flag first, so I'm sure we'd win the case in court). While the moon may not seem glamorous to own, there are probably a lot of people that would love to own a piece of the moon for future generations. You could probably sell it for $10,000,000 an acre (a rough estimate, depending on demand) so by selling 1,000 acres you would have made a nice little $10 billion profit.

6) Charge For Services - Start collecting money from countries we protect or have a presence in. The war on terror costing too much in Iraq and Afghanistan? Have their government pick up the cost (or at least a big portion of it). Young democracies need help crafting a constitution? We can provide consulting services (as long as they don't plagiarize ours, which would probably be best since no one knows what is or isn't constitutional anymore). TSA agent checking 90-year-old ladies' diapers? Charge a fee to put the diaper back on. Okay, mostly kidding about the last one, we could probably save more money just doing away with the TSA altogether and/or drastically changing their methods.

7) Less is More - Do away with paper money and go electronic. You could also pretty much do away with the IRS while we're at it by doing a fair tax on the sale of goods instead of taxing paychecks. Sure there would be some technicalities to work through, but you could be pretty certain that GE would wind up paying more than $0 in taxes this way.

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