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Old 03-24-2009, 12:19 PM   #61
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Originally Posted by riskadverse View Post
Depending on who's buying, even as a Californian, I might go for this solution.
Just for fun I did a little analysis. California is one of those odd states that sends more money to the Federal government than it gets back. As an independent country, with the state getting all the current Federal tax cashflow, it's financial problems go away.

Note that California also has, in the California National Guard and reserves, the largest national guard force in the nation, at a strength of 18,000 Army and 4,900 Air Force. There is also a California State Military Reserve, which includes a very small naval branch (military lawyers and strategists, primarily in an advisory role). Not a huge force, granted, but roughly similar in size to Denmark or Norway.

As an economy, California has a GDP of 1.73 trillion dollars(2006), making it the 10th largest in the world. The state is a net exporter of computes and electronics, transportation, non-electrical machinery, agriculture, and chemicals.

California going independent or being sold off looks like a good deal for California or the buyer, and maybe not so good a deal for the USA.
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Old 03-30-2009, 09:52 PM   #62
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As no one bothered to answer the question the first time, I will re-ask: couldn't the US maybe give Hawaii to China as PIF for all our debt?
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Old 03-30-2009, 10:33 PM   #63
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A lot of Hawaii is owned by Japan. So probably the better bet is to sell Hawaii to Japan.

Actually my idea is to rent out the military much as Switzerland did during the middle ages and Renaissance with Swiss mercenaries. I am pretty sure that Pakistan, India, and much of Africa would pay big bucks for Aircraft carrier group, or a few squadrons of stealth planes.
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Old 03-30-2009, 10:46 PM   #64
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Originally Posted by Joe2aT View Post
As no one bothered to answer the question the first time, I will re-ask: couldn't the US maybe give Hawaii to China as PIF for all our debt?
I thought the original question was "Where to invest should the US go bankrupt??"

There are two kinds of people in the world: those who can extrapolate conclusions from insufficient data and ..
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Old 03-31-2009, 02:27 AM   #65
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According to several groups here in the Islands, Hawaii isn't the US's to give away!

Personally, if we're going to sell something, how about NJ - no make that DC!
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Old 03-31-2009, 10:12 AM   #66
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Originally Posted by unclemick View Post
[...] And lest I be remiss - a little pssst Wellesley so we can feel better. [...]
Do you mean Arthur Wellesley, the Duke of Wellington Fund?
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