Skip to comments.Federal Lands: How much could they be sold for -- and would it pay the national debt?
Posted on 04/16/2014 6:40:35 PM PDT by BenLurkin
If the budget would be balanced by selling off the huge swaths of Federal land -- why not do it?
Because the already have???
Yeah... they have.
Question: How much are these huge swaths land worth (that haven’t been sold yet)
I/m asking because I don’t know.
Don’t do it because they’d just run it back up again.
Well Ben. Because it aint theirs to sell.
Give it back to the rightful owners. The states or the local counties.
But if you insist. Average the price per acre and times it by the amount of federal land.
But, if it were given back to the local counties, the control and taxes would go directly into the local county coffers.
There you go.
BINGO! ('cept they should sell off at least a half of what they hoard in Nevada.)
The feds didn’t pay the states for it to begin with. The feds shouldd pay back rent to the states and give it back
Camp Pendleton alone might pay off the national debt. Just imagine 200 square miles with 17 miles of pristine Pacific beachfront in crowded Southern California. That is some valuable real estate!
Here, if you want to know how well a county can manage its assets. BTW, there is a story behind all of this.
Camp Pendleton is a military base. At least the last time I knew.
The price per acre is going to vary enormously depending on where the land is and what it can be used for.
As for it belonging to the each state, that may very too depending on if the land was acquired before the state became a state. Obviously, land which was Federalized while the locale was still a territory, isn’t going to be sovereign land of the state.
Nope, when the territory became a state, the land goes to them.
You do know that all each state has to do, is claim these lands do you not?
Nevada for instance would become very rich, very fast. That is, if they would play their cards right.
A lot of that land is rich in minerals and oil.
Barry would sell them to Putin and the ChiComs.
How about a simple amendment to the Constitution, requiring that the percentage of land owned by the Federal government in any state falls within 2% of a national average?
I would be interested in seeing more information about that.
Nice beach there — but watch our for UXE!
And kick big kickbacks under the table.
The above map details the percentage of state territory owned by the federal government.
the US has 2.27 billion acres in territory
if the fedgov owns 33% of it, that’d be about 750m acres
to pay the debt, each acre would have to sell for an average price of $23,333
so no...selling every acre of fedgov land would not cover the debt.
that should give you an idea how bad the problem is
That’s kind of what I thought.
I believe that the so called Federal Land is being used as collateral on the national debt.
The Treasury can create money, so Federal debt can be paid any time we want to give the Federal Reserve banksters the boot.
It's 1/3 of the USA and much of it prime.
I’ll take a shot at the answer:
Under our current monetary system it is Impossible to Pay Off the Debt, let alone stop the debt from growing annually. All Federal reserve Notes and Credits have been LOANED into existence with Interest attached. If the National Debt were paid off tomorrow there would not be a single Dollar or Credit in Dollars in existence, all that is left is Coinage which is Issued. I doubt very seriously the masses are ready for 10 cent loaves of Bread again. And NO there is not enough Coinage to pay the INTEREST DUE, for that can only be Paid through the Blood and Sweat of Labor, by design. Welcome to serfdom.
Don’t think they could retire all debt, but put a dent in it.
Feds have done this since northwest territory was surveyed. Retired rev war debt.
Needs to be tied to balanced budget amendment
What I would like to know is this: How much of a state can the Federal Government own before the state is no longer a state? Seems to me 84% just about covers it. Nevada isn’t a state. It’s gone back to being a territory!
Yes, sell it all. Then access will be non-existent. PERIOD. /s
Keep it the way it is and fix the dam scumbags in government and DC. Do not let private citizens, corporations, foreign entities buy and restrict access to our national parks, etc. Good grief! I can see the logging companies scraping the redwoods from the ground forever! This applies to any other natural resources as well.
Good idea, but the sell-off should be linked to a balanced budget amendment...that constitutionally requires a balanced budget. (In fact, the USA historically made a lot of money selling off land, but this practice ended long ago, except on a comparatively tiny scale.)
Hitlery gave it to the Chi Coms for collateral on our loans.
HUH? The Feds control FAR too much real estate. There is a very good reason to sell a big chunk of it, and make it productive.
I believe that Sen Coburn made a statement to the steps to be taken in that regards.
But, all they would need to do is go through their legislatures and claim that land per the US Constitution, Art 1 Sec 8 Clause 17, and declare that land theirs since the Federal agencies have failed in the management of the land and no longer hold the trust, of the state citizens, to manage that land.
I have to get out my law book on trusts again. But I do know this, that if a trust is mismanaged, those that manage that trust can be dismissed and the trust no longer is held.
Give it back to the rightful owners.
Native Americans actually.
Dont do it because theyd just run it bac up again.
Well at least it would take awhile and instead of our kids and grandkids suffering with the debt, it would be our great great grandchildren at the least. I would like them to at least sell them as sponsorships where they can rename the area or item. It would be a great capitalistic choice.
Ya I know. Them GD Yoopers again. LOL.
You have a very valid point there. IMHO.
I doubt very seriously the masses are ready for 10 cent loaves of Bread again.
Are you kidding? I am. 3.50 for a loaf of bread is outrageous. I am all for 35 cents for a gallon of gas too.
I am ready also, but the only way you can have a welfare state with lavish pensions for the ruling class is to have a Debt Based Monetary System and through the “Magic” of Fractional reserve Banking allow “Commercial Banks” to create Money out of thin air, and continually DEBASE the Nations Currency (inflation) until the Ponzi Scheme runs it’s course, we are very near the end of the game now, see it is always the MATH that wins, no matter what they say, Math just is.
It’s not going to happen. Commies/fascists at all levels of government and in government-linked businesses might as well prepare for unemployment and pension haircuts. That will happen. Money doesn’t grow on trees. See Greece and other nations that have defaulted. The formerly high-riding bureaucrats and their associates are the rioting zombies.
“Under our current monetary system it is Impossible to Pay Off the Debt,”
Under our current monetary system, money IS debt. Nearly all of it is fractional-reserve overlending, and the Federal Reserve playing the game of $0 = -$1 + $1. Pay off the debt, and there is very little cash remaining (about $2-3T, that’s $10,000 per person).
too bad no one told them to get it in writing, and to retain counsel to look after their interests before the
various governments who took over their lands..
Whomever owns our nations secured debt owns the federal land. Egg rolls anyone?
My older kid is there with her husband and they love it. It’s like night and day better than 29 Palms.
“The feds control FAR too much real estate. ....sell...and make it productive.”
Like I said before, fix the dam govey entities before we hand it over to others. The feds are a prime example of how certain people really screw things up. That would be no different if selling 1 million acres to some big company or country from which to make a profit. It would likely still be screwed up!
Having specific vast portions of land just sitting for the beauty, enjoyment, and posterity is fine with me. For example, beautiful mountains do not need be chopped up for ski slopes (and I like to ski), chalets, and all that crap, so people can make a buck. The beauty is natural and should stay that way. Our national parks are no different. Leave em alone.
As you must know by now, Dingy Harry purportedly wants to make Bundy’s land productive, with a solar project. This would be a prime example of why we do not just hand over land for “production”.
Will it be sold to the highest bidder?
In that case, foreigners will always outbid Americans.
Think of the strategic value to a foreign country if it owned a piece of America.
>>> Question: How much are these huge swaths land worth (that havent been sold yet)
No telling. You could use traditional real estate procedures for current trends, and come up with a per-acre cost... but seems to me it should cost a LOT more when selling in bulk like that... which I don’t think is a good idea anyway.
My guess is that if we sold ALL federal lands for premium prices to pay off the debt, we would be doing really really good if we paid off 1/4 of it. Thats how bad a shape we are in.
I wish more people understood this.