I caught
this excerpt of a new series that's going to be airing on PBS this week. The concept described in this segment sounds kinda crazy because it's so contrary to what's
normal, but I think it's the most rational thing I've heard in quite a while. I saw this on the
PBS News Hour, and they also had a segment on dealing with the national debt, which was pretty damn depressing and scary, so it was nice to see this little glimmer of hope.
However, if this idea takes off like it should, congress and the IRS will probably stomp it to death. For now, the IRS has ruled that it's not taxable, but I can't see something so simple, that makes so much sense, being allowed to survive. It just doesn't fit into the existing power structure - Wall Street can't make money off of it, WalMart can't get a piece of it, etc.
I guess the way for traditional business to get a part of it would be to serve as the middleman. Google could step in, for example, and turn it into a national, or even international operation. I could also imagine it becoming something like Craigslist, with hookers and killers-for-hire.
If they mentioned how the base operation is run in that segment, I didn't catch it. I would assume it's a non-profit org.