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Old 03-25-2014, 06:42 AM
 
Location: DC
6,848 posts, read 7,989,918 times
Reputation: 3572

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Quote:
Originally Posted by Wallace88 View Post
And it still would be. This development wouldn't change that. If it did, AFRH wouldn't be considering selling/leasing the land.
By giving away land?
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Old 03-25-2014, 06:57 AM
 
Location: Washington D.C.
13,727 posts, read 15,751,203 times
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Quote:
Originally Posted by DCforever View Post
By giving away land?
Giving away land? No, the only reason they are considering it is the raise millions of dollars for themselves. Do you know how expensive it is to run a facility like that? There are tons of underutilized acres of land that GSA wants to leverage for operational money. Right now, it's just wasted potential revenue.
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Old 03-25-2014, 07:17 AM
 
Location: DC
6,848 posts, read 7,989,918 times
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Quote:
Originally Posted by MDAllstar View Post
Giving away land? No, the only reason they are considering it is the raise millions of dollars for themselves. Do you know how expensive it is to run a facility like that? There are tons of underutilized acres of land that GSA wants to leverage for operational money. Right now, it's just wasted potential revenue.
Federal funding doesn't work that way. All receipts revert to Treasury.
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Old 03-25-2014, 07:28 AM
 
Location: Washington D.C.
13,727 posts, read 15,751,203 times
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Quote:
Originally Posted by DCforever View Post
Federal funding doesn't work that way. All receipts revert to Treasury.
Which then supports the revenue stream coming from the nations taxpayers. Why do you think GSA is selling buildings they don't need across the nation? Revenue. Save the taxpayers money. What do you think the FBI swap is about. That money will build the FBI a new HQs.
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Old 03-25-2014, 07:52 AM
 
Location: DC
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Quote:
Originally Posted by MDAllstar View Post
Which then supports the revenue stream coming from the nations taxpayers. Why do you think GSA is selling buildings they don't need across the nation? Revenue. Save the taxpayers money. What do you think the FBI swap is about. That money will build the FBI a new HQs.
Again, you don't understand how federal fiance works. It's like you sending in an extra $100 on your income tax. It affects nothing.

The FBI wants a new HQ and it's cheaper in the suburbs. What the government gets for the property is irrelevant.
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Old 03-25-2014, 08:46 AM
 
494 posts, read 849,700 times
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Quote:
Originally Posted by DCforever View Post
Again, you don't understand how federal fiance works. It's like you sending in an extra $100 on your income tax. It affects nothing.

The FBI wants a new HQ and it's cheaper in the suburbs. What the government gets for the property is irrelevant.
How would sending in $100 extra bucks affect nothing? It would be a $100 dollars that the government wouldn't otherwise have and would offset a $100 from somewhere in the budget. Yes $100 is insignificant when you consider the entire federal budget, but it has real effect.
If you increase this to the value of leasing or selling valuable real estate, it becomes much more significant. The offset would potentially pay for the new building. This is simple accounting. I'm not sure why it's difficult to understand.
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Old 03-25-2014, 09:44 AM
 
Location: Washington D.C.
13,727 posts, read 15,751,203 times
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Quote:
Originally Posted by Niceguy17 View Post
How would sending in $100 extra bucks affect nothing? It would be a $100 dollars that the government wouldn't otherwise have and would offset a $100 from somewhere in the budget. Yes $100 is insignificant when you consider the entire federal budget, but it has real effect.
If you increase this to the value of leasing or selling valuable real estate, it becomes much more significant. The offset would potentially pay for the new building. This is simple accounting. I'm not sure why it's difficult to understand.

These are business concepts. Without experience in business, it's hard for a novice to understand. I don't expect many people to understand unless they work with business deals and have experience. Hopefully, these discussions can inform people about these principals.
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Old 03-25-2014, 11:30 AM
 
Location: DC
6,848 posts, read 7,989,918 times
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Quote:
Originally Posted by MDAllstar View Post
These are business concepts. Without experience in business, it's hard for a novice to understand. I don't expect many people to understand unless they work with business deals and have experience. Hopefully, these discussions can inform people about these principals.
I have a masters degree in the subject from one of the country's leading business schools plus 40 years experience working as a consultant with boards of directors and top management. Do you really want to compare experience?
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Old 03-25-2014, 11:32 AM
 
Location: DC
6,848 posts, read 7,989,918 times
Reputation: 3572
Quote:
Originally Posted by Niceguy17 View Post
How would sending in $100 extra bucks affect nothing? It would be a $100 dollars that the government wouldn't otherwise have and would offset a $100 from somewhere in the budget. Yes $100 is insignificant when you consider the entire federal budget, but it has real effect.
If you increase this to the value of leasing or selling valuable real estate, it becomes much more significant. The offset would potentially pay for the new building. This is simple accounting. I'm not sure why it's difficult to understand.
It has no impact.
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Old 03-25-2014, 01:11 PM
 
494 posts, read 849,700 times
Reputation: 723
Quote:
Originally Posted by DCforever View Post
It has no impact.
Do you have any basis for this assertion or should we just take your word for it because you claim to have some degrees and experience?
How does extra money in the treasury have no impact? There is usually a shortfall between what the government allocates to spend and what it takes in. This shortfall is made up for by selling bonds (t-bills). If there is 100 dollars that wasn't there before, there will be 100 dollars less in bonds to sell. If we are talking about the sale of a large valuable piece of real estate, there will be a lot less bonds to sell and less debt to service.
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