Auction Off the State - Robert P. Murphy - Mises Daily

Auction Off the State - Robert P. Murphy - Mises Daily: "if people say that $750 billion in spending cuts (between now and September 30) is simply 'impossible,' then we still don't have to either borrow more or raise taxes. We have another option: namely, the federal government could auction off some of its holdings and fill the gap that way."

"the Strategic Petroleum Reserve (as of late November) had almost 727 million barrels of crude oil. At current market prices, this inventory is worth more than $80 billion."

"the federal government owned 14,000 buildings and structures that were 'excess' and 55,000 that were 'under- or not-utilized."'