[NonValueAdded]

There is no money, but there are assets, you are absolutely correct.

Wrong, an IOU is not an asset of any tangible value.

[JDW11235]

He wasn’t referring to IOU’s, he was referring to the Assets the Federal Government owns, like Federal land/resources, unless I misunderstood him.

[muawiyah]

An acre of federally owned rare earth deposits is an asset! EPA is not an asset.