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To: Slyfox; E=MC<sup>2</sup>
Trump suggested that he would eliminate the national debt over an 8 year time period by selling off federal assets at the rate of $2.25 trillion per year.

  Nobody really knows what Trump did or did not "suggest" because he was smart enough to prevent recordings and all we got is hearsay.  Here's the original hearsay:

Trump quoted in an interview w/ Woodward (Transcript: Donald Trump interview with Bob Woodward and Robert Costa) Apr. 2:  "We’ve got to get rid of the $19 trillion in debt...   .... could do it fairly quickly...   ... over a period of eight years."

--and it immediately gets walked back:

Trump quoted in an interview w/ Morrongiello (Wash Examnr) Apr. 22  Q: You have said you plan to pay off the country’s debt in 10 years...."  A:  “No, I didn’t say 10 years,”  [pay off an unspecified] “percentage”

Don't those "federal assets" belong to the American taxpayer?

--and there's lots of 'em, we got maybe a total $128T in federal land, structures, bonds, oil rights.  We may not want to tho.  Sure selling the original copy of the U.S. Constitution on eBay would bring in bux but then again...

72 posted on 04/24/2016 4:50:23 AM PDT by expat_panama
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To: expat_panama
The 128 trillion total valuation in 2013 was upon energy resources onshore and offshore, not a royalty, not a taxed percentage, and not the current valuation in 2016. The resources quoted will never be extracted such as to have a marketable value, if there is no financial reward for doing all the work involved in bringing to a market. These energy resources are not all Federally administered assets. Of land acreage, there is about 700 million acres valued at about $400 billion. Includes the national parks as the remainder are a bit less enticing.
92 posted on 04/24/2016 8:24:42 AM PDT by Ozark Tom (Political party: Union whose leadership sold out to a shell corporation and stuck you with the dues.)
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