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To: tdscpa

Hey, as far as I am concerned we could have a fire sale as long as the results paid down debt. Do all that and let see how much debt is left.

Assets have costs associated with them in business so that isn’t anything to worry about.

I am merely pointing out something that is never considered: what is actually purchased with the debt and that the government owns trillions perhaps even thousands of trillions of valuable assets.

Don’t you agree that is true?


45 posted on 07/31/2011 8:59:51 PM PDT by arrogantsob (Why do They hate her so much?)
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To: arrogantsob

Yes, the government owns a huge amount of valuable assets. But it will not sell them, and they earn nothing. A business would earn something with them or sell them.

The government’s “assets” just cost huge amounts to maintain, and keep the states and localities from reaping property taxes from them, and individuals and businesses from earning a return from them and paying taxes to the governments on those profits.

This is fine for reasonable amounts of land for “National Parks and Monuments” but when Clinton locks up huge amounts of mineral rich property to enrich his foreign buddies, it is just corruption.


48 posted on 08/03/2011 2:14:50 AM PDT by tdscpa
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