Posted by
Rich from Paso on Thursday, March 08, 2007 4:25:46 PM
I want to have a national lottery that only American citizens above the age of 18 can win whereby for every $1 given to register for the lottery, your Social Security number is submitted to the drawing. You would be able to register for the lottery at any post office location. Every month, there would be a lottery drawing. 50 Social Security numbers would be drawn at random. The people tied to those Social Security numbers would win $1 million tax free. Once you win, you can never win again. If you are using a fraudulent SSN, not only does the real owner of the SSN win the million dollars, but you go to jail for 10 years. The proceeds from this lottery would first go to retiring our Treasury bonds (the US national debt) down to a fixed in law $2 trillion ( the bond market needs bonds to have a bond market) and then to fund a $500 billion "contingency fund" that could only be accessed during a national crisis, like a major war or a Hurricane Katrina like disaster. Of course, most of these provisions would require a constitutional amendment, but what else is new?