The headlines the other day called attention to the plight of many Americans who are selling off their valued possessions just to make ends meet. The ridiculously high costs of fuel, food, electricity, etc, have caused many to resort to measures that are considered panic driven.
With credit cards maxed out, with banks clamping down on loan processing to increase their liquidity rates, with house foreclosures rates doubling, with the value of the dollar sinking past sub-basement levels, there is little else that regular citizens can do. Yes, they are seeing the value of their possessions as assets that can be utilized to pay off bills or to purchase some more groceries. Good ol’ American ingenuity is working after all.
Yet, that is not all.
These hard times are not just applicable to citizens. No! State governments are looking to do the same thing. They too are beginning to sell off valuables to make ends meet:
FOR SALE – 1 slightly used turnpike, stolen from the citizens of Pennsylvania by inept, corrupt elected officials and bureaucrats.
FOR SALE – 310 mile stretch of Interstate 80, formerly the property of the citizens, now going to the highest bidder.
It is becoming quite apparent that there is nothing sacred in this country anymore. There is nowhere that a government official will not go to get more money for the state’s coffers.
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