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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (39765)10/18/2003 5:30:46 AM
From: Maurice Winn  Read Replies (2) | Respond to of 74559
 
SS, the obvious answer is for the USA to make citizenship a tradable property right. Then, if people want to move there [after showing they are criminal conviction free, disease free etc] they could click onto the markets in citizenships around the world and bid for one. Americans sick of the rat race and drive-by shootings could sell their USA citizenship and buy a Kiwi one and use the price difference to live on [of course they might not be able to afford a Kiwi citizenship - maybe the markets would determine that the USA isn't the best place on Earth to live, as judged by price].

Brazilians wanting to earn big money for a while could buy a citizenship, move to the USA, run businesses and make a load of money, then sell everything and move back to Brazil to live in style for the rest of their lives.

There could be options, margin loans, and all sorts.

Politicians would see their decisions instantly reflected in the market price of citizenships and voters would see themselves voting themselves richer or poorer in real time.

Voting patterns might change for the good.

The old communist idea that we are all just happy citizens with joint ownership of the state, like any tribal, feudal society, would be shown to be hopeless. Countries around the world would start adopting policies which made their countries more valuable.

Politicians making the citizens worth less would be booted out at the first election. Elections would be run more frequently and increasingly decisions would be made by referenda. It would be too important to leave things to ignorant, greedy and self-serving politicians and their cronies.

Communists won't like the idea. But freedom-loving people who believe in property rights will be keen on it.

Mqurice