http://www.RexBlog.com/2008/07/25/17769?utm_source=rss&utm_medium=rss&utm_campaign=a-trillion-here-and-a-trillion-there Rex Hammock's Blog Sun, 15 Jan 2012 04:37:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.RexBlog.com/2008/07/25/17769/comment-page-1#comment-280236 Rex Hammock Sat, 26 Jul 2008 04:56:16 +0000 http://www.RexBlog.com/?p=17769#comment-280236 Laura, do you really want to get me started? Yes, I'm concerned with the national debt. However, I also acknowledge there are some national assets on the balance sheet that are never discussed when the topic of the national debt is brought up. You see those "national debt clocks" on the Internet that continuously record how debt is increasing, but you never see a "national asset clock" that records the ever-increasing value of the oil holdings of the U.S. federal government or such intangible assets as a rule-of-law that governs interstate commerce. Or how much is the federal Interstate highway system worth? Or, what about the Grand Canyon? I imagine all of the stuff the federal government owns is worth at least how much we owe. Who knows, it may be worth a googol dollars. Laura, do you really want to get me started? Yes, I’m concerned with the national debt. However, I also acknowledge there are some national assets on the balance sheet that are never discussed when the topic of the national debt is brought up. You see those “national debt clocks” on the Internet that continuously record how debt is increasing, but you never see a “national asset clock” that records the ever-increasing value of the oil holdings of the U.S. federal government or such intangible assets as a rule-of-law that governs interstate commerce. Or how much is the federal Interstate highway system worth? Or, what about the Grand Canyon? I imagine all of the stuff the federal government owns is worth at least how much we owe. Who knows, it may be worth a googol dollars.

]]> http://www.RexBlog.com/2008/07/25/17769/comment-page-1#comment-280176 Laura Creekmore Sat, 26 Jul 2008 03:15:25 +0000 http://www.RexBlog.com/?p=17769#comment-280176 I'm just impressed you seem slightly concerned about the national debt. I’m just impressed you seem slightly concerned about the national debt.

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