The Solution to US Debt? Sell Alaska

Complete folly for one simple reason.

Any money from any revenue source, be it taxes or selling Alaska, will not go towards paying down debt!

The dear leader and the rest of them will spend any revenue as fast as they can on more votes.

2.4 trillion would fund some mighty good pork, um um

Putin's prize

First in line might be the Russian Federation, with its deep historical ties to the state. For 126 years, Russia governed Alaska, which has been part of the United States for just 145 years. Vladimir Putin, who is seeking to restore Russia's power and glory, could re-establish the seat of government at the former Russian capital, Sitka, a southern seaside town that still has a Russian Orthodox church, St. Michael's. First built in the 1840s, it houses icons from that era.

Russia already has plenty of space and oil. But if it hoisted its own red, white and blue flag over Alaska, Sarah Palin would actually be able to see Russia from her front porch.

Next would be the Chinese, flush with cash and starving for energy resources and open spaces. Why should China fiddle with acquisitions of companies such as Canada's Nexen or US battery-maker A123 Systems, hoping for approval from the government's guardian of national security, the Committee for Foreign Investment in the United States?

It would be much simpler for Beijing to use its $US3 trillion in foreign exchange reserves - a large chunk of it invested in US Treasury debt - to vacuum up Alaska's resources and to resettle some people from China's overcrowded and heavily polluted cities. As the Arctic ice melts with climate change, Alaska could also serve as a valuable shipping route, saving time, fuel and money for cargo ships traveling from China to Europe.

The transaction could be done by simply canceling the Treasury debt, thus avoiding the financial upheaval that would result if China sold those securities on the open market.

You think we would rather have all of the oil that sits under the ground in Alaska or the soon-to-be worthless money from the sale of it?

or..

we could just hang the few thousand banking crooks that say we owe them the money.

china and japan own us anyway.

we oughta sell while able.

Can't we just simply print up that 16T next weekend and be paid off?

i'm sure that's the weimar style plan.

hyper-inflation pay off resulting in the NWO amero.

No there is oil up there. Instead sell Puerto Rico, since it is only a commonwealth and full of nothing but freeloaders who drain our economy. Sure no one will give us 2 cents for that hell hole but at least we will save money feeding those bums.

.

and how about Hawaii?? same reasons.

hell. give'em Hawaii too.

in fact, let's make it Alaska, Hawaii and California, too.
and we'll even throw in Baja California just to sweeten the deal.

right. and for an extra million dollars, we'll give'em
Puerto Rico too!

selling polished shitholes

They have already sold 5 Alaskan islands to Russia. To sell all of that oil up there would be beyond stupid.

I love it... but why Alaska? Why not the Hawaiian Islands? LOL

I say fine, but only if sarah palin is part of the deal, then she really will be able to see russia from her house.

that would be idiotic...so I suppose they just may consider it

Hell if they sell Alaska then I can't watch my favorite TV show anymore...Ice Road Truckers.

"Rooski Truckers"?

kinda like giving your child to the crack dealer to pay your debt

Yep.... just refuse to pay the debt and start over.. who can stop this?

I'm thinking Alaskans might have something to say about this.

Like succession.

Well, we would need 222 Trillion to pay off all national debt, all unfunded liabilities and all shortfalls.

There is a rumor that Hilary went to China and collateralized all our national forests and certain cities to back the China debt.

Alaska will be really mad should congress (AKA "The White Shoe Boys" ) try to sell her . It had to be done in stealth mode and We the People will not know about it till it's too late. Same with the gold at Fort Knox.

it's a shame the USA isn't in that good a financial standing.

we may even just go PUFF!, just like the Soviet Union did.