It also owns the economic zone off shore for 200 miles, and in the Pacific that is an enormous zone since we own thousands of islands.
What that means as a practical matter is that we can back our debt and others less favored can't.
Californians sometimes imagine they own the whole state but they don't. They demanded vast areas be set aside for use as National Forests, National Monuments and National Parks.
Too bad ~ that's now federal gub'mnt land. The mineral resources, which include all sorts of things, are now lost to the state's taxpayers.
Oh Good God...OK, OK...The federal government is performing very well, there is no debt for the next 6 generations, we are not in hock to the tune of 15 trillion, our borders are secured, there is no other big-gov corruption, the rest of the states have big surpluses and run like fine tuned watches...
Okay...That being said, once again Ms. muawiyah, just for you, I could care less if they shut down ever CA university for the next two years...Send the GD message...Get people really pissed off. This is what is needed for them to finally figure out, GOVERNMENT AT ALL LEVELS have betrayed America, whether you have noticed or not.