On the recordFebruary 7, 2011
I mean, it is like if you receive a check and it sits there for 10 years, I can guarantee my colleagues, if you are in private business, as I have been, you have written that off already. It is gone. In this situation, what we are saying is that there is $500 million--I think you are right; when it is all tallied up, it is probably closer to $1 billion-- sitting out there. We did this once before. We had great support on a much more narrow focus. If we did this on a regular basis, the opportunity is unlimited. There are others, as the Senator knows and I know, regarding surplus property the Federal Government has that is under incredible disrepair, not being realized. From my real estate experience, I have seen this, and there is an enormous amount of resources there that could be turned back to the private sector for future development. That could actually grow this economy.
