Tuesday, September 14, 2010

Thomas Ferguson on the Real News

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At September 15, 2010 5:17 PM, Blogger micah holmquist said...

Does anybody know how big the assets of the U.S. government are? I've been looking for this information and haven't come across it. It seems like it would be significant given how much talk about the deficit there is.

At September 15, 2010 5:31 PM, Blogger Jonathan Versen said...

Micah, while I don't doubt the feds are holding on to things we don't need, once a federal asset is sold, it's gone, and I suspect they'd sell off things we should hold on to, like profitable Amtrak routes, or the post office.

I'm reminded of what the Russians did in the 90s, and how a handful of people got very rich. I hate to sound melodramatic, but your question makes me shudder, especially with that Reagan-lover currently in the White House.

(I don't know the answer, although I suppose you could wiki "US government")

At September 15, 2010 6:04 PM, Blogger micah holmquist said...


I wasn't saying the U.S. government should have a big sale. I was just wondering, for theoretical reasons, what the balance would be if everything were sold.

At September 15, 2010 7:11 PM, Blogger Jonathan Versen said...

Hi Micah,
I know that; I was just registering my reaction. Perhaps I'm a FDR/LBJ paleoliberal at heart, sans military adventures.

Anyway, I did this search:


and got a bunch of results which included PDF links that looked unwieldy but possibly promising, if you are curious.


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