Gyroscopic Investing

Cortopassi wrote: ↑Wed Dec 01, 2021 3:03 pm Reform elections overall.
--30 day election cycle
--Equal time and money given to candidates (how? I don't know. Maybe like jury duty. You are randomly selected, and as long as you can pass basic tests, you can run. Get people from all walks of life in there)
--No self funding, donations, PACs, or any money from any other sources at all
--Term limits. 4 years at all levels. Then you retire (with a reasonable pension for your service) or go back to your old job. No revolving door.

jalanlong wrote: ↑Wed Dec 01, 2021 2:14 pm Here is a topic for discussion. If you were President/Dictator for a day and could pass one piece of legislation to significantly change the country for what you believe is the better, what would that legislation be?

I will go first. Mine would be legislation to alert people on how much they are paying in taxes. I got this idea from PJ O.Rourke. Stop paycheck withholding of taxes. People get their gross pay and then write a check to the govt at the end of every month for their taxes. Add to that, at the end of the year, whatever the government overspent for the year, every American would get a bill to pay their pro rata share. I think that would install some quick fiscal discipline into Washington.

Dieter wrote: ↑Wed Dec 01, 2021 3:57 pm

jalanlong wrote: ↑Wed Dec 01, 2021 2:14 pm Here is a topic for discussion. If you were President/Dictator for a day and could pass one piece of legislation to significantly change the country for what you believe is the better, what would that legislation be?

I will go first. Mine would be legislation to alert people on how much they are paying in taxes. I got this idea from PJ O.Rourke. Stop paycheck withholding of taxes. People get their gross pay and then write a check to the govt at the end of every month for their taxes. Add to that, at the end of the year, whatever the government overspent for the year, every American would get a bill to pay their pro rata share. I think that would install some quick fiscal discipline into Washington.

If do it, include details on where the money is going

And for debt, % from which administration it came]

jalanlong wrote: ↑Wed Dec 01, 2021 4:36 pm

Dieter wrote: ↑Wed Dec 01, 2021 3:57 pm

jalanlong wrote: ↑Wed Dec 01, 2021 2:14 pm Here is a topic for discussion. If you were President/Dictator for a day and could pass one piece of legislation to significantly change the country for what you believe is the better, what would that legislation be?

I will go first. Mine would be legislation to alert people on how much they are paying in taxes. I got this idea from PJ O.Rourke. Stop paycheck withholding of taxes. People get their gross pay and then write a check to the govt at the end of every month for their taxes. Add to that, at the end of the year, whatever the government overspent for the year, every American would get a bill to pay their pro rata share. I think that would install some quick fiscal discipline into Washington.

If do it, include details on where the money is going

And for debt, % from which administration it came]

I have also seen the suggestion that when you send your taxes in, you can choose to where you want it to go. That is a tough one to implement given that the government does so many things now. But it would be interesting, for example, given how many people complain when something like Public Television is threatened with any budget cuts at all to see how many people in reality would choose to fund it with a check they write directly. But then you can see exactly where the American people want their money to go and what they dont want to fund with their own money.

I have also heard it thrown out that any congressperson in office when there is a budget shortage would not be able to run for reelection. That would give you either a balanced budget or term limits so its a win/win. Of course congresspeople would just play with the numbers to take stuff off the books and make it appear as if the budget was balanced.

Mark Leavy wrote: ↑Wed Dec 01, 2021 3:17 pm officespace.jpeg