I've seen it all now, This may be old news to those who live in Arizona but new to me. Like a drunk looking for its next drink the state an federal law makers keep spending money and therefore keep trying to find new ways to get more.
We are in a recession which means nothing to those in power. They can tax more, but fewer have jobs can't get enough money. Then tax the businesses, but that causes unemployment. Well, government must spend more. I know how we can add big or little programs all we need to do is print money at the federal level, but that leads to staggering inflation. What to do? WHAT TO DO?
You see the politations only want power and they need to spend. How do we let them know it is not their money? It is the collectives money or our money. We all pitch in and pay a little how could it hurt. Well, California is broke and Arizona must be also. Soon, Washington we will be. Here is an idea! How about selling the Washington Monument and the White House. After all we could get money for them to help with the Trillions we are currently spending. Now you may be saying Tim that is crazy, right?
Here is Arizona's answer to the lack of money. They are selling off their office buildings that houses most of the State of Arizona's government. Recently the politicians for Arizona put the state buildings on the market to help this broke state close its budget deficit. Then they intend to lease them back on a long term lease. It is looking like a pretty good deal, if the state can prove it is credit worthy.
The the best piece to sell is the executive office tower, which holds the executive functions of government as well as the secretary of state, the state treasurer and the state mine inspector, and is valued at $39,511,240.
Keep watching I will let you know when California sells the Golden Gate Bridge.
Tim Lorenz
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"We have actually closed many short sales!"
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Tim Lorenz . Over 40 Years Experience Representing South Orange County Home Buyers, Sellers, Investors and Relocations!
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