Here’s a map of federal ownership by state
http://strangemaps.files.wordpress.com/2008/06/map-owns_the_west.jpg
The map has some errors ~ National Forest lands seem to be missing from the computation.
Sounds like another version of feudalism, except that the socialist intelligentsia will rule.
Socialism with its dictators (hereditary or not) has always sounded like the age old policy of might makes right. The exact thing our founding fathers wished to avoid.