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Sell Federal Land & Real Estate to pay off National Debt ?
12 March 2017 | vanity

Posted on 03/12/2017 5:06:16 AM PDT by vooch

Federal Gov't owns about 750 million acres of land ( excluding Alaska ). Much of this land is low value, but a surprising amount is in high value areas.

If the Feds sold off 1/2 their property at average price of $50,000 per acre that would generate about $20 trillion. This would be enough to retire the entire national debt.

What are Freepers thoughts' ?


TOPICS: Chit/Chat; Miscellaneous
KEYWORDS: deficit
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To: vooch

I’ve been for federal land divestiture since Bush 43 was president. I truly believe that federal land ownership is tyranny and a threat to states’ rights. Even military bases need to be owned by the states and leased back to the federal government. I firmly believe that the Louisiana Purchase started it. Once a state becomes a state then it is sovereign answering to its citizens alone. Things as they stand now are backwards from the intent of the Founders and are the source and genesis of federal evil. If states or private parties owned the land there would have been no need for a constitutional amendment allowing the income tax and all the ridiculous manipulation that evolved from it. ...and on and on.


81 posted on 03/12/2017 9:14:19 AM PDT by TrueFact (Can't wait until the swamp is done derained!)
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To: vooch

Those who do not own or control their own resources are the slaves to those that do...

What you propose is basically how we have been stolen from already...

Note: Whos going to buy it? with what Money? The same Fiat Money that has been stolen from you to begin with and in the hands of those who care not for you but are friends to Big Government?

God Bless


82 posted on 03/12/2017 9:16:55 AM PDT by jafojeffsurf (Return to the Christendom, A Moral People, and Return to a Nation/s UNDER God!)
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To: Ezekiel

It’s one of the reasons that the Feds have so much land....no one wanted it.


83 posted on 03/12/2017 9:25:01 AM PDT by Sacajaweau
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To: vooch

Do it. It also expands the tax base.


84 posted on 03/12/2017 10:02:32 AM PDT by Hootowl
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To: Hootowl

good point - it adds quite a bit to the tax base plus should generate real
economic activity


85 posted on 03/12/2017 10:21:53 AM PDT by vooch
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To: vooch

Chinese eye brows twitch.


86 posted on 03/12/2017 10:45:10 AM PDT by Vaduz (women and children to be impacted the most.)
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To: vooch

Yes, but it must be tied to a constitutional amendment regarding a balanced budget. Otherwise, we will be overcome by debt again in the future.


87 posted on 03/12/2017 10:48:51 AM PDT by matt1234 (Jan. 20, 2017: the national nightmare ended.)
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To: vooch

Has anyone suggested to sell CA? Auction off from the Sierra Nevada’s west to the coast cutting the valley in half.

I’ll bet the Chicoms would spend a trillion in gold.

Plus, that would cut the electoral votes in half too.

I don’t see a downside here...

5.56mm


88 posted on 03/12/2017 11:14:15 AM PDT by M Kehoe
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To: vooch

..........default is much ado about nothing. I’ve come back from many millions (embarrassed to say how many) in debt and a subzero credit rating to a very high credit rating and reasonable net worth. So, anybody that tells you there’s no life after default simply has not been there because there is.

Many cities have defaulted and life goes on. Some states will default and Trump can put to good use the bluff of federal default with some of these creditors like China and Japan. Trump is uniquely qualified to solve the 20 trillion dollar debt more so than anybody else alive on this earth today.


89 posted on 03/12/2017 5:13:47 PM PDT by Cen-Tejas (it's the debt bomb stupid)
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To: Cen-Tejas

agreed

BTW the Feds have “defaulted” at least 5 times in the past, most recently when they quietly devalued the dollar by 50% in 92-94.


90 posted on 03/12/2017 5:33:31 PM PDT by vooch
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To: Clutch Martin

No, you’re not just shootin’ your mouth off, IMHO...I’ve advocated exactly that for years...And include honorable military service as an additional qualifier...

No “skin in the game”? Then you get no say in who/how it’s run...


91 posted on 03/13/2017 11:39:21 AM PDT by elteemike (Light travels faster than sound...That's why so many people appear bright until you hear them speak)
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To: vooch

Exactly!

you’ve got about 515 crooks up there who will figure out a way to cover the banks in the name of “too big to fail” and the couple or dozen honest pols up there will be like the proverbial Dutch boy with his finger in the dyke!

And, EXCELLENT point on the devaluation!


92 posted on 03/13/2017 4:01:17 PM PDT by Cen-Tejas (it's the debt bomb stupid)
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To: Cen-Tejas

always find it amusing when I hear nonsense from rather wise investors describing US debt as risk free.

3 “defaults”
in my Father’s lifetime

FDR
Nixon
Bush-Clinton

all defaulted on US federal debt in various ways


93 posted on 03/13/2017 4:22:26 PM PDT by vooch
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