I like this idea a lot more. There is some subtlety about 'public' vs 'government' involved. As a rule, I don't think governments should be out to make money on behalf of the public. They should be out to convert money into public benefits. Freely available intellectual property is definitely such a benefit.
"As a rule, I don't think governments should be out to make money on behalf of the public. They should be out to convert money into public benefits."
Nailing it. This makes the difference between a proper government and a sovereign corporation that, due to a historical accident, you are forced to pay your taxes to.