Broke States Should Save Themselves By Selling Off Roads, Colleges, And Other Assets, Says Altucher

Sell our property? And who's going to buy it since obama opened the market to ie: communist china. We lose our country without one shot. STOP the gov't from bail-ous and spending more money. they did this to us. Putting Americans into debt to pay off the fed, (a group of foregin bankers), letting our work out of this country, giving loans to people who couldnt afford it. It was all delibrate. And now obama is going to tax small business - our country was started on small business.

"I believe that banking institutions are more dangerous to
our liberties than standing armies. If the American people
ever allow private banks to control the issue of their
currency, first by inflation, then by deflation, the banks
and corporations that will grow up around the banks will
deprive the people of all property until their children
wake-up homeless on the continent their fathers
conquered." - Thomas Jefferson 1802

I have a better solution. Stop spending! Cap all pension calculations to the first $100K of income (like in the private sector).

Then we won't be back in this position next year.

Unfortunately this is done more than we realize. Look at the amount of public land sold or leased to private companies, or the water rights bought by some of the largest corporations in the US. Where they have then turned around and reaped huge profits while polluting, neglecting, the destroying the assets sold to them. Good old private profits at public expense. We better wake up.

Sell to a private operator who doubles the cost to the public..of roads, education and just about anything else...any kind of financial hocus pokus so that shares return 10% a year.

Private enterprize always knows whats best...for private enterprize.

This guy is a screaming lunitic. Toll roads have gone bankrupt in California and dumped there problems on the state. No more public universities. I hope this is the last time I hear this nut on Tech Ticker.

Idiotic fool!!! Selling roads,bridges. Publicly owned,tax funded infrastructure items sold to private entities. This guy has the reasoning of a progressive liberal.I wish he worked for me so I could have the pleasure of firing his incompetent @#$%! This is the type of mentality that is dissolving this republic.

I have a radical idea. Why not do what everygood american does and sue the government. We all want to work for nothing anyway right.

If Techticker is the equivalent to a financial WWF, This altrucher dude would be the evil wrestler everyone hates.

SELLING ROADS, I think that worked during the king Arthur days, you had to pay freaking tolls to everyone, great idea.

Ask the people in Montana how that Touch America thing is going?