I thought we should inflate the imbalance costs at one percent, a little less. 150 billion? How much is seigniore now? 150 billion?. I can buy a half million votes with that, and get backing from California to buy in. That i a long term, permanent, and sudden, Pareto efficient, virtuous, godly ting to do.
Reduce the number of states by two, perfectly constitutional, even when done with voter approved state and federal coupon bonds. There is a trade. It, step two, becomes very lucrative for a stare state to formally spit but retain a federation. They get senators. Suddenly, the trades are done. The skew is good enough.
We blow trillions, run round like dizzy godots. Right here, now, establish a tradition, when it pays off, yea, go ahead, rearrange the senate using cash. The first deal is fairly cheap, the gain is large If Treasury want to issue longer term, forty, one hundred, bond then this is a good tip. Use to the first batch to give some small state citizens a long term lucrative deal to combine borders toward democracy.
Give me a million aggregate citizens, Treasury California and New York sign up for another million. Drop the number of states by three. Then propose federal freedom to association, and combine a federation of California, round to their own common legislature with otherwise legal states. California and the other states can agree to such a contract for a finite period as art of statehood, ex ante.
California rewrites its legislature to devolve into a assembly of governors, duly elected on new state boundaries. And get six senators, immediately,for fifty years even. For a price? AA long term guatanteed transfer of th kings honest coin?
Why not? Le us ask some folks in Vermont, Wyoming, how much a million bucks buys.
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