For most Americans, gw2 goldit is unimaginable that the U.S. could put its iconic properties on the market. But as the nation struggles gw2 cd keyto balance its balance sheet, should the federal rift goldgovernment take a look at selling some of its most valuable assets?
It wouldn't be the first time that a large nation buy rift goldhas pondered taking such drastic steps in recent years. Just two years ago, the Greeks and the British probably never would cheap rift goldhave thought that some of their famed assets would hit the auction block.
But since then, Greece has been saddled with such onerous budget rift online goldrestrictions due to E.U. rift cd keybailout guarantees that some have suggested that it sell some of its popular islands. A number rift time cardof the country's politicians are attempting to block the transactions. One of the jokes about Greece -- buy rift cd keywhich sadly now has some basis in reality -- is that it will have to sell the Parthenon. The cheap rift time cardGreeks don't find the joke very funny.
The British have also begun the sale of assets, cheap rift cd keywhich could eventually include the Royal Mail.
Asset sales by governments have a long history. A large percentage of the geographic area of the United States was buy rift time cardacquired through the purchase of land from other governments. In the Louisiana Purchase, Napoleonic tera goldFrance, strapped for cash due to its wars in Europe, sold the United States land that is now part or all of 14 buy tera goldstates for the 2010 equivalent of $219 million.
24/7 Wall St. has identified nine U.S. assets that cheap tera goldcould generate a total of $543 billion -- or about a third of the annual budget deficit for the kr tera goldgovernment's current fiscal year. The list is by no means comprehensive, but shows that the U.S. has salable assets tera accountthat, in some cases, are worth hundreds of billions of dollars.
Each of the nine assets on this list were compared to private buy tera accountcompanies or entities that already have established public valuations. For example, to put a value on the U.S. cheap tera accountPostal Service, 24/7 Wall St. looked at FedEx (FDX) and United Parcel Service (UPS), and to tera online accountestimate a sale price for the New York Federal Reserve building, they examined nearby Wall Street real tera power levelingestate. We looked at cash flow and revenue figures when comparable values were not available. We buy tera power levelingdetermined the size and dimensions of each asset using U.S. government data, which was taken from dozens of departments and cheap tera power levelingagencies.
It's worth noting, though: While these nine sales and licensing tera cd keyagreements might make a big dent in a single year's budget deficit, they wouldn't balance the budget, and the current federal debt -- tera time cardthe overall amount we owe -- is around $14 trillion. That $543 billion is just a drop in the bigger bucket -- we'd need to find many, many more assets to put on the auction block to buy tera cd keysignificantly reduce the debt. But this is a huge country, and this list is just the tip of the iceberg.
1. New York cheap tera time cardFederal Reserve Building
Guesstimated price tag: $750 million
Location: Manhattan, New York
U.S. ownership: 87 years
Who should buy it: Donald Trump, SL Green, tera kr cd keyTishman Speyer
Why it's valuable: Location
The Federal Reserve Bank of New York is located in a massive tera online goldbuilding that takes up an entire block in Manhattan's Financial District. Construction of the building was completed in tera gold eu1924. It's 14 stories tall and features an additional five floors underground. If the bank relocated tera gold for saleto less valuable real estate, the government could make a significant amount of money. A recent notice sell tera goldissued by the New York City Department of Finance estimated the building's value for the 2011 to tera accounts2012 tax year to be $88,594,000. While this may be the value for tax purposes, a tera eu accountreview of comparable buildings in Manhattan buy tera accountsrevealed this wold likely be significantly less than cheap tera accountsits market price. On Madison Avenue, a similar building was sold for just under $1 billion. In all likelihood, considering its location and the historical significance of the building, the sell tera accountgovernment could fetch closer to $750 million from a buyer like Donald Trump or SL Green.
2. Hoover Dam
Guesstimated price tag: tera eu power leveling$415 million
Location: Nevada/Arizona
U.S. ownership: 75 years
Who should buy it: Duke Power, Con Edison, Southern tera power levelCompany
Why it's valuable: Hydroelectric power
The Hoover Dam includes one of the tera levelinglargest hydroelectric installations in the country. If a company were to purchase the structure, it would buy tera power levelmost likely do so to privatize the dam and reap the benefits from the sale of the power it generates. According to cheap tera cd keythe Department of the Interior, the average annual net generation for the Hoover Dam from 1947 through buy tera time card2008 was about 4.2 billion kilowatt-hours. The Energy Information Administration calculates the average retail price of a tera eu cd keysingle kilowatt-hour, as of 2010, at 9.88 cents. That means the energy produced by the tera eu time carddam each year is worth roughly $415 million. Of course, the operators of the power plant must deal with additional, necessary costs, tera game cardsuch as flood control. Without the benefit of a profit and loss statement for the dam, one year's revenue is a korea tera goldreasonable -- though quite conservative -- valuation.
It wouldn't be the first time that a large nation buy rift goldhas pondered taking such drastic steps in recent years. Just two years ago, the Greeks and the British probably never would cheap rift goldhave thought that some of their famed assets would hit the auction block.
But since then, Greece has been saddled with such onerous budget rift online goldrestrictions due to E.U. rift cd keybailout guarantees that some have suggested that it sell some of its popular islands. A number rift time cardof the country's politicians are attempting to block the transactions. One of the jokes about Greece -- buy rift cd keywhich sadly now has some basis in reality -- is that it will have to sell the Parthenon. The cheap rift time cardGreeks don't find the joke very funny.
The British have also begun the sale of assets, cheap rift cd keywhich could eventually include the Royal Mail.
Asset sales by governments have a long history. A large percentage of the geographic area of the United States was buy rift time cardacquired through the purchase of land from other governments. In the Louisiana Purchase, Napoleonic tera goldFrance, strapped for cash due to its wars in Europe, sold the United States land that is now part or all of 14 buy tera goldstates for the 2010 equivalent of $219 million.
24/7 Wall St. has identified nine U.S. assets that cheap tera goldcould generate a total of $543 billion -- or about a third of the annual budget deficit for the kr tera goldgovernment's current fiscal year. The list is by no means comprehensive, but shows that the U.S. has salable assets tera accountthat, in some cases, are worth hundreds of billions of dollars.
Each of the nine assets on this list were compared to private buy tera accountcompanies or entities that already have established public valuations. For example, to put a value on the U.S. cheap tera accountPostal Service, 24/7 Wall St. looked at FedEx (FDX) and United Parcel Service (UPS), and to tera online accountestimate a sale price for the New York Federal Reserve building, they examined nearby Wall Street real tera power levelingestate. We looked at cash flow and revenue figures when comparable values were not available. We buy tera power levelingdetermined the size and dimensions of each asset using U.S. government data, which was taken from dozens of departments and cheap tera power levelingagencies.
It's worth noting, though: While these nine sales and licensing tera cd keyagreements might make a big dent in a single year's budget deficit, they wouldn't balance the budget, and the current federal debt -- tera time cardthe overall amount we owe -- is around $14 trillion. That $543 billion is just a drop in the bigger bucket -- we'd need to find many, many more assets to put on the auction block to buy tera cd keysignificantly reduce the debt. But this is a huge country, and this list is just the tip of the iceberg.
1. New York cheap tera time cardFederal Reserve Building
Guesstimated price tag: $750 million
Location: Manhattan, New York
U.S. ownership: 87 years
Who should buy it: Donald Trump, SL Green, tera kr cd keyTishman Speyer
Why it's valuable: Location
The Federal Reserve Bank of New York is located in a massive tera online goldbuilding that takes up an entire block in Manhattan's Financial District. Construction of the building was completed in tera gold eu1924. It's 14 stories tall and features an additional five floors underground. If the bank relocated tera gold for saleto less valuable real estate, the government could make a significant amount of money. A recent notice sell tera goldissued by the New York City Department of Finance estimated the building's value for the 2011 to tera accounts2012 tax year to be $88,594,000. While this may be the value for tax purposes, a tera eu accountreview of comparable buildings in Manhattan buy tera accountsrevealed this wold likely be significantly less than cheap tera accountsits market price. On Madison Avenue, a similar building was sold for just under $1 billion. In all likelihood, considering its location and the historical significance of the building, the sell tera accountgovernment could fetch closer to $750 million from a buyer like Donald Trump or SL Green.
2. Hoover Dam
Guesstimated price tag: tera eu power leveling$415 million
Location: Nevada/Arizona
U.S. ownership: 75 years
Who should buy it: Duke Power, Con Edison, Southern tera power levelCompany
Why it's valuable: Hydroelectric power
The Hoover Dam includes one of the tera levelinglargest hydroelectric installations in the country. If a company were to purchase the structure, it would buy tera power levelmost likely do so to privatize the dam and reap the benefits from the sale of the power it generates. According to cheap tera cd keythe Department of the Interior, the average annual net generation for the Hoover Dam from 1947 through buy tera time card2008 was about 4.2 billion kilowatt-hours. The Energy Information Administration calculates the average retail price of a tera eu cd keysingle kilowatt-hour, as of 2010, at 9.88 cents. That means the energy produced by the tera eu time carddam each year is worth roughly $415 million. Of course, the operators of the power plant must deal with additional, necessary costs, tera game cardsuch as flood control. Without the benefit of a profit and loss statement for the dam, one year's revenue is a korea tera goldreasonable -- though quite conservative -- valuation.
