Another possibility is to use existing funding to invest in something that pays more in local dividends, like a Public Bank. This would not only provide a steadier return - at the positive return of the Bank of North Dakota for over 10 years, including the crisis 2008-2009 years, proves, but it would provide jobs and growth opportunities for the state too. I describe this more in a presentation I made for the Pennsylvania Chapter of the Public Banking Institute I did a few months ago (video, slideshow):
http://www.opednews.com/Diary/Using-Existing-Government-by-Scott-Baker-…

- Scott Baker, NY Coordinator for the Public Banking Institute