Is Selling Alaska Back to Russia a Viable Solution for the U.S. Debt Crisis?

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Discussion Overview

The discussion revolves around the unconventional proposal of selling Alaska back to Russia as a potential solution to the U.S. debt crisis. Participants explore various humorous and speculative ideas related to state ownership and financial strategies, including selling other states or printing a unique high-value bill.

Discussion Character

  • Debate/contested
  • Exploratory

Main Points Raised

  • Some participants suggest selling Alaska back to Russia for 10 trillion dollars as a way to alleviate U.S. debt, with one noting it would also relieve the U.S. of dealing with political figures associated with the state.
  • Another participant humorously proposes selling Louisiana back to France to allow for the rebuilding of New Orleans.
  • There is a suggestion to sell off each state individually as a means to address financial issues.
  • A participant references historical claims regarding Wall Street and suggests returning it to the Edwards family, arguing that it is not worth anything now.
  • One participant argues against selling Alaska, stating it is a strategic acquisition for the U.S. and emphasizes that the root cause of the deficit needs to be addressed rather than resorting to selling states.
  • Another humorous suggestion involves the U.S. Mint printing a ten-trillion-dollar bill, claiming its rarity would make it worth more than its face value.

Areas of Agreement / Disagreement

Participants express a range of humorous and speculative ideas, but there is no consensus on the viability of selling Alaska or any other state. The discussion remains largely unresolved, with competing views on the implications of such proposals.

Contextual Notes

Participants' suggestions are based on humorous and speculative reasoning rather than serious financial analysis, and the discussion does not delve into the practical implications or legality of such actions.

Borek
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was proposed on one of Polish forums I visit now and again.

Sell Alaska back to Russia for 10 trillion dollars.

Not only it will pay US debt, but it will also mean that someone else has to deal with Palin.
 
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It would probably be better to sell Louisiana back to France and let them rebuild New Orleans.
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Sell off each state, one at a time.
 
Give Wall Street back to the Edwards family: http://www.glamro.gov.uk/adobe/edwards.pdf !
The fortune is said to result from a lease in 1778 by a Welshman, Robert Edwards, of approximately 77 acres of land in New York forming what is now a significant part of Manhattan and on which stands not only Wall Street and Broadway but such valuable properties as The Stock Exchange and The World Trade Centre. The land was leased to the brothers John and George Cruger for 99 years with the condition that thereafter it would revert to the heirs of Robert Edwards named in the lease as his brothers William, Jacob, Leonard, Joshua, John and Thomas and his sister Martha. The lease expired in 1877 and ever since families called Edwards have been trying to stake claim to the fortune on the basis that they were descended from one of Robert's heirs.

Its not worth anything now in any case...

Garth
 
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Alaska turned out to be one of our most strategic acquisitions into the Union both militarily and financially . Sell it to Russia? Not smart.

Besides, the fact that we have a defecit isn't the problem, it is HOW we got the defecit We would end up selling the whole damn country if we don't fix how we got the defecit in the first place.
 
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Borek said:
was proposed on one of Polish forums I visit now and again.

Sell Alaska back to Russia for 10 trillion dollars.

Not only it will pay US debt, but it will also mean that someone else has to deal with Palin.

Oh, I'm all for it - even though I have a lot of family there (they're all a bit strange, anyway)! Nice, out-of-the-box thinking...
 
We could also have the U.S. Mint print a ten-trillion-dollar bill and use that. I bet it would be worth more than ten trillion dollars, 'cause there would only be one of them in the world. Rarity, supply and demand and all, don'cha know. It could have Bush's picture on it.

Hey buddy, got change for a ten trillion?
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CaptainQuasar said:
We could also have the U.S. Mint print a ten-trillion-dollar bill and use that. I bet it would be worth more than ten trillion dollars, 'cause there would only be one of them in the world. Rarity, supply and demand and all, don'cha know. It could have Bush's picture on it.

Hey buddy, got change for a ten trillion?
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http://cgi.ebay.ph/ws/eBayISAPI.dll?ViewItem&item=230287873772

Too expensive for my tastes.
 
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OAQfirst said:
Too expensive for my tastes.

Heh heh, yeah, good find. I should send him an email an ask, can you send me a really, really high-resolution scan of that?
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