[Jim from C-Town]

Selling allot of Federal Land and assets would go a long way to paying down the debt. The Federal Government owns 45% of California and over 80% of Alaska. The sale of half the land in California could do a great deal to eliminate the Federal debt.

[muawiyah]

Expect any moment to get some guy in here who wants the federales to REVERT THE LAND to the states.

Actually, just to head that argument off, that's not the way it was done with the ORIGINAL states added before the purchase of Louisiana. In those states the federal government SOLD the land and kept the money!

Later on the federal government purchased every last single acre added to the United States ~ so that land must be sold and the money reverted to the federal treasury ~ not to the states.

Now if a state wants to buy that land, I"d expect market value, not book value!