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To: muawiyah
Here's your situation ~ you live in a country where the federal government owns 30% of the surface area and 100% of the offshore claims. The offshore areas are, of course, literally stupendous ~ most of the claimable bed of the Pacific Ocean to start with.

[Between 1829 and 1835, President Andrew Jackson pledged to pay off the debt. In order to do so, he took advantage of a huge real-estate bubble that was raging in the Western U.S. The federal government owned a lot of Western land — so Jackson started selling it off. He was also ruthless on the budget. He blocked every spending bill he could. "He vetoed, for example, programs to build national highways,” Brands says. "He considered these to be unconstitutional in the first place, but bad policy in the second place.”] ~ From AAA to AA- in Four Years

12 posted on 01/06/2013 10:25:20 AM PST by NaturalBornConservative ("Something that everyone knows isn't worth knowing" ~ Bernard Baruch)
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To: NaturalBornConservative
Good point on Jackson. Later Presidents found it manfully difficult to sell all the public lands which is why they are still there. The passage o time has revealed they have immense mineral wealth ~ some of them anyway ~ and they can be rented to cows.

Cows don't care if the toilet is in the kitchen

15 posted on 01/06/2013 12:42:43 PM PST by muawiyah
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