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Friday, September 30, 2011

Transfer of money, followed by transfer of property

NYT: $22 billion federal garage sale to cut deficit - politics - The New York Times - msnbc.com: "ike Americans trying to raise quick cash by unloading their unwanted goods, the federal government is considering a novel way to reduce the deficit: holding the equivalent of a garage sale.
Deep within President Obama’s proposals to raise revenue and reduce the deficit lies a method that has garnered bipartisan support, something rare in Washington these days. It involves selling an island, courthouses, maybe an airstrip, generally idle or underused vehicles, roads, buildings, land — even the airwaves used to broadcast television."

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