I’m working on a way to salvage our country from this crippling load of debt we’re carrying, but I need some factual information for my proposal.
Anybody know how much Hawaii is worth? I need the value of both the real estate, and the expected annual value of commerce from agriculture, industry, and tourism.
I’d heard (translated: no cite) that Japanese interests buy up Hawaiian real estate as quickly as it becomes available, so I doubt we could swap them any of what they growingly already own.
But he is correct to assume that US holdings in the Hawaiian islands are not a paltry sum.
For instance the Hale Koa hotel is owned by the US army. Not a cheap peice of land.
If I had to come up with a blanket figure I’d go with about a Mil an acre. Of course seaside land goes for much higher and watershed land cant be sold but I would guess it’s a pretty fair average for shits and grins.
So Op calculate the total acreage of the Hawaiian Islands and tell us how you will save the world.
BTW Try selling ANY land in Hawaii, Pfffft. It’s all sacred.
Hawaii is worth just a titchy bit over 1.033 trillion, exluding Ni’ihau. This is a very nice number; as it turns out it is almost exactly enough to pay off the PRC and Japan–the two most obvious buyers. An added bonus is that the PRC can shift to a pretend ownership of Ni’ihau instead of pretending to own Taiwan.
Alas…selling assests to get rid of a debt problem is a bad plan unless the underlying predilection to get into debt in the first place is cured.
May I suggest pulling a Kamehameha-Keoua with congress and the White House (assuming the sacred slaughtering altar of Pu’ ukohola Heiau hasn’t been turned into a Wendy’s)?
In my opinion the current congress will do but it would be a shame to leave all the fellas from the last 8 years off the invite. Perhaps we could also invite anyone else enamored with collecting more in bennies than they pay in taxes.
Well, besides the fact that we could never borrow money at reasonable rates again, it’s unconstitutional.
”The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.”