How much you guys think the Chinese or Russians would pay us for this?
What else could we sell at the Great USA Credit Default Fire Sale?
November 11, 2006
Since the United States is essentially bankrupt now, here's an idea...
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25 comments:
Yellowstone, Yosemite, Hawai'i, the rockies.
What's already been bought by the chinese: Wall St. and DC
The Constitution would fetch a pretty penny
Well, if we turn away investors like we did with Dubai on the port issues then who can we sell to?
Remember the Japanese? We let them buy Rockefeller Tower, Pebble beach golf course, as a few reminders, and people screamed that the Japanese were taking over. As we said back then, let them. They can't put Pebble Beach on a boat back to Japan, neither can they take the skyscrappers. Let them buy all the real estate they'd like. Same with the Russians, Arabs, and Chinese. Let them buy buildings. Factories? Might not have a choice but the problem there is they can buy and then dismantle the factory and ship that back, like China did with the state of the art engine factory in Brazil.
Keith,
If the US were to go bankrupt, and the greenbacks were to become worthless wouldn't you be concerned if you didn't own a home? I assume you would want to own a property? What if inflation got out of hand even more, we all know what would then happen to property values again. You can say put all your money in gold, but that's unrealistic, and foolish. I believe you must always own some property, maybe just a cheap rental. Protect against the unknown. Their are places that do not have a bubble, parts of ohio for instance. Anyway, just my two cents.
I find it best to sell off things that once had value to the US that we aren't using anymore, and might still be valuable to others... such as...
The Constitution
The Ten Commandments
The Golden Rule
Decent Manners
Our Work Ethic
Our Ingenuity and Ambition
Virtues of all sorts
(and anything else on Ben Franklin's list of 13 that he worked on for a week at a time)
These things once had great value in America, and if we can find them... polish them up a bit... and display them correctly again... may fetch a fair offer from others.
What say ye?
We could sell the White House on a sale-lease-back scheme
I don't know where you get the idea
the U.S. is bankrupt.....another
chance to hear yourself talk....
what can we sell?
plutonium
NFL players
google
> Anonymous said...
> The Constitution would
> fetch a pretty penny
Sure, let's sell that first.
For crying out loud, we aren't using it!
Well,
Since Japan already owns all of our Natural Springs water sources (13 of them), we can not sell them.
I will be happy to keep selling Cheap Vacations to the British Tourists by the boat loads. (:
Let’s seize all of the assets of the Federal Reserve banking cartel and sell them along with its members as slaves. All we need are their names and addresses. We could start with Goldman Sachs and water boarding Mr. Paulson for some names.
Good idea Tom. In addition to that, we the people could arrest high office holding, treasonous federal officials, Lynch them and auction off their heads to rich arab oil families in the middle east.
we might as well learn to speak mandarin now.lol. gee, transitioning from english to spanish to mandarin. that's difficult.
Having a huge foreign debt and trade deficit is ok. It won't disrupt your economy. It worked for Argentina, and their economy is fine and has been for years.
(For the sarcasm impaired, that was sarcasm.)
Best regards,
Bill
Keith,
If the US were to go bankrupt, and the greenbacks were to become worthless wouldn't you be concerned if you didn't own a home? I assume you would want to own a property? What if inflation got out of hand even more, we all know what would then happen to property values again. You can say put all your money in gold, but that's unrealistic, and foolish. I believe you must always own some property, maybe just a cheap rental. Protect against the unknown. Their are places that do not have a bubble, parts of ohio for instance. Anyway, just my two cents.
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Yes I agree with this completely. The secret to investing and surviving in these days is being 'hedged'. You do that by not putting all your eggs in one basket. So yes it is smart to diversify--put an egg in real estate, an egg in stocks, an egg in bonds, metals, commodities, money markets, cash, etc. Hedging your a$$ets will protect you no matter if we have deflation, inflation, or nothing happens at all. Remember, if you lose sleep at night worrying about having too much $$$ in one type of asset, then sell off enough of it so you can rest peacefully.
http://en.wikipedia.org/wiki/Argentine_economic_crisis_%281999-2002%29
The Argentine Economic Crisis in a nutshell. See if anything sounds familiar, and keep telling yourself "it could never happen here."
Brass and lead are excellent things to own large quanities of as well.
We could sell congress.
Oh, wait a sec, they are already bought and sold.
The land sales have already started. The U.S. Forest Service and the Bureau of Land Management together control about 1/3 of the land in this country. Both have started to lease large tracts for energy development and BLM is going to start auctioning "surplus" holdings next year.
People who moved to Colorado, Wyoming and Utah are learning the hard way, that Uncle Sam owns the mineral rights under that 160-acre property they paid top-dollar for a couple of years ago. One day a drilling company shows up with a caravan of trucks and waves a piece of paper that says they can poke ten wells on their once peaceful mountain retreat, and legally they can't do a damn thing about it.
It hasn't come to shooting yet, but it will. The federal government is over-reaching and they're going to get spanked. Denver and SLC may be run by the Birkenstock crowd, but there are plenty of well-armed ranchers and farmers who don't share their politics.
good one shakster.
Anon,
"It hasn't come to shooting yet, but it will. The federal government is over-reaching and they're going to get spanked."
LOL, ranchers with a few guns spanking the feds?
"LOL, ranchers with a few guns spanking the feds?"
Some guys in red coats said the same thing 230 years ago. The "feds" lost that one.
The land sales have already started. The U.S. Forest Service and the Bureau of Land Management together control about 1/3 of the land in this country
I've heard stories that the Conservation areas and wildlife refuges were being grabbed and set aside by various US federal authorities as collateral for their debt. Of course the cover story is that this is to "preserve the land for wildlife and future generations"
So... they come in, kick out all the farmers and owners because it's that last refuge for the spotted norway rat, and then give it to the Chinese a decade from now to pay back their debt... for starting wars all over the planet.
Of course the Chinese will then be using American soldiers to guard the land and American workers getting pennies a day to rape the land and send the proceeds to back to China.
The land sales have already started. The U.S. Forest Service and the Bureau of Land Management together control about 1/3 of the land in this country
I've heard stories that the Conservation areas and wildlife refuges were being grabbed and set aside by various US federal authorities as collateral for their debt. Of course the cover story is that this is to "preserve the land for wildlife and future generations"
So... they come in, kick out all the farmers and owners because it's that last refuge for the spotted norway rat, and then give it to the Chinese a decade from now to pay back their debt... for starting wars all over the planet.
Of course the Chinese will then be using American soldiers to guard the land and American workers getting pennies a day to rape the land and send the proceeds to back to China.
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