here's a hair brained idea. the treasury should issue a new bond. small denominations.

[mopinko]

sustainability bonds. fund the green new deal if the fucking congress wont.
maybe they'd get to be like savings bonds used to be- a thing you bought for a new baby or a new couple. a bday or xmas present for the grands.

who's in?

eta- do they still do those wh petition things? wonder if this could get sigs.

also- could this be done by an eo?

[blm]

1. 👍🏽

[yonder]

2. I like it.

[Generic Brad]

3. I'd buy them

Just let me dig the change out of my sofa cushions first.

[mopinko]

4. i'm thinkin $50 & $100.

[Nevilledog]

5. 🙌🙌🙌

[Rebl2]

6. I remember

as a child in the sixties we were allowed to buy (at grade school) these stickers that we put in a little booklet and I am almost positive they were bonds. We had to hold on to them until after high school-or that’s what my mom had me do. (She was in the banking business) I wish I could remember more about it. One day a week my mom would give me, (I believe a quarter) and after lunch we could buy that stamp. Anybody else have that program when they were in grade school in the sixties?

[mopinko]

7. it's sorta ringing a bell.

i think the bank in town ran something like that, but i dont remember stamps.
there were maybe cardboard tube banks involved, but i may be thinking about one of the church grifts. pagan babies, maybe.

a kid's program like that would be great, too.

[Delmette2.0]

16. I remember buying stamps for the book at 10 cents each.

A full book would buy a $25 bond.

My brother bought $50 bonds for each of my sons when they were born.

[Rebl2]

19. Like I

said my memory is a bit fuzzy on this. It could have been 10 cents and not a quarter. The $25 bond sounds very familiar.

[HighFired49]

17. Postal Savings Stamps

I remember those! They were started in the early 1900s and stopped in 1970.

[BOSSHOG]

25. I recall as well Rebl2

Greats savings idea. A quarter a stamp. I still have a partially filled stamp book my Grandma Gave in 1960. I bought bonds for 30 plus years and still have about 20K worth locked up in the basement drawing interest for another 6 years. The original posters idea is an outstanding one. I’d like it to be like the”good ole days.” Buy stamps with limited computer interference. Great savings idea for children in more ways than one.

[Rebl2]

29. Can't

remember when I cashed mine. Likely when I started college in the 70’s. Don’t think it amounted to a lot.

[Wounded Bear]

8. Hell, they financed half of WWII by selling government bonds...

Now, it seems that only local gov's do it.

[mopinko]

10. thing is- there would be payback from the projects.

solar farms, wind farms, bioelectric. better ag practices.

so much win-win-win low hanging fruit.

[Wounded Bear]

13. Indeed! nt

[A HERETIC I AM]

18. Wait....what?

Now, it seems that only local gov's do it.

What do you think the annual federal budget deficit is financed with?

The US Treasury sells bonds of various denominations, but the largest dollar amount of bonds sold to finance the government are $1000 par bonds, sold in maturities varying from 30 days to 30 years, all of which can be bought by individuals.

https://www.treasurydirect.gov/

[homegirl]

20. I remember

Stamps in a book, the total value of the amount paid in was $18.00 but the mature bond was valued at $25.00.

[wendyb-NC]

9. That's a good idea

I'd buy one or more depending on the price. The $50.00 and $100.00 denominations are fine, but may I suggest adding a $20.00 or $25.00 level of bonds even a $10.00 bond.

My SS retirement doesn't go far, and $100.00 would be a stretch. That said I try to donate money to a number of environmental, Democratic human rights, animal support causes, etc,

The lower cost purchase levels, might be more grass roots, and appeal to a wider range of interest among the populace, perhaps. Just a thought.

[mopinko]

11. there could be purchase plans-

take $10 out of your check each month, and buy a bond when you have enough.
old enough to remember when you could do that w your paycheck, and buy savings bonds.

an automatic paycheck deduction plan would be great, cuz it's predictable.

[mopinko]

14. the green new deal had a good plan.

since i'm a urban farmer and an evangelist for sustainable ag, that's the part i paid the most attention to. what was laid out was good tho i have ideas i think should be in it.

but the focus should be restoration. sir david attenborough says rewilding is the answer. that is 1/3 of the surface of the planet just left the fuck alone, and we may survive this.
that is not labor intensive, and can make the other 2/3 more productive. it's going quickly in the uk, esp scotland. which, lets face it, was never that tame. but still.
so those are like simple conservation easements. we already do that. tho we dont do it well. a set % could go to that existing program.

[TygrBright]

15. I'll see your bonds and raise you stamps!

Back during WWII they sold "Defense STAMPS" that were sort of like green stamps - school children could buy them and if they bought enough stamps, they could turn them in for a bond. It was a way of letting youngsters participate and have a sense of ownership in the defense mobilization effort.

We could totally do it with sustainability, yep...

I would start buying bonds today. For clean mass transit, for renewable power generation, for pollution cleanup projects, all kindsa stuff.

Nice idea!

interestedly,
Bright

[colorado_ufo]

22. I did that!

And one day, after high school, I cashed in my US Savings Bond. With interest.

[IronLionZion]

27. I found this when I searched for savings bond stamps

https://stamps.org/news/c/collecting-insights/cat/article-of-distinction/post/article-of-distinction-united-states-savings-stamps-1

It has an interesting history

[GoodRaisin]

23. I like that idea a lot. I would be up for buying those.

[NNadir]

24. The, um, "Green New Deal," is neither "Green" or a "Deal."

[mopinko]

26. it's a framework. and a lot of it is good.

i know you hate it.

[NNadir]

30. It's very, very, very bad thinking, poor engineering, lots of wishful thinking, mass and land...

...intensive, unsustainable, ineffective at addressing climate change, and contemptuous of the poor, the people who will suffer most for this bourgeois fantasy.

Other than that, I guess it's a "framework," and yes I despise it.

The very same program led to the disaster in Germany, which has spent trillion dollar sums to Putin and is funding his war. They're burning coal this summer and are hoping Putin will sell them more gas to finance his war on Ukraine.

If one really is interested in the environment and climate change one should think anew.

I consider our fondness for things like the "Green New Deal" - it's not "new," its reactionary, since humanity abandoned so called "renewable energy" in the 19th century for a reason - to be our answer to their creationism, or their anti-vax rhetoric, and similar faith based nonsense.

I'm not a Democrat because I want an electric car someday and a McMansion with solar cells on the roof and an unsustainable battery in the basement made from materials mined under horrific conditions, including the nickel from Putin's Siberian Norlisk mines and the Congolese cobalt.

I'm a Democrat because I believe in human rights; specifically fair access to a sustainable world with access to clean common space, clean air, a protected wilderness, and closed material systems. The so called "Green New Deal" is entirely inconsistent with the beliefs that define those values.

So yeah, you have me pegged to a T.

[Wounded Bear]

28. The only "problem" with this plan is that it diverts money around the big banks and investors...

sends it directly to Uncle Sam and gets paid out to the contractors.

Banks don't like when the government does shit like that.

[Voltaire2]

31. Hare brained.

And it is, as the treasury dept can’t just go fund its own programs. Could Biden do this by EO? Nobody really knows what the limits are to EOs. However they generally have to ‘interpret’ existing legislation.

That said, we have a whole set of long standing emergency acts, and that seditious asshole used that to declare an emergency on the border and build a huge idiotic wall diverting billions of dollars to do so.

[mopinko]

32. who said anything about the treasury having programs?

wha? we fund lots of things w bonds instead of tax receipts.

[Voltaire2]

33. Um you did.

“the treasury should issue a new bond. small denominations.”

They can’t just do that. That’s why we have a Congress.

[mopinko]

34. did i say w/o proper authorization?

whatever the process is. they do it all the time.
that's why i asked if it could be an eo, so it didnt HAVE to go through congress. but programs w a dedicated revenue stream SHOULD be easier than reaching into the general fund. i dont see road repairs getting caught up in the gridlock.