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They should tear down the Fed Mint building behind that Safeway and turn it into housing. I don't even believe that branch does anything other than print proofs
by kradroy 7y ago
They should tear down the Fed Mint building behind that Safeway and turn it into housing. I don't even believe that branch does anything other than print proofs. A waste of space, but it's not happening during this presidency for sure.
- ip26 7y agoOrganizations that live on indefinitely- governments, universities, churches- don't give up land almost as a rule. One or two hundred years from now, they might really need this or that plot, and it could be nearly impossible to acquire then. One easy to appreciate example are universities & other schools holding (& sometimes leasing) land adjacent to them. If they didn't, in the distant future if they need to expand, some scalper or holdout could cause large problems.
- temp99990 7y agoDefinitely a few post office closures I’m aware of...
- kradroy 7y agoThe US Federal government sells land/property all the time. And as a consequence of the old adage "time is money", an indefinitely existing organization has an indefinite amount of money. Those institutions you mentioned have no issue buying whatever they want; holdouts be damned. A government pretty much has infinite money, churches are quite wealthy as a whole, and universities have a substantial pool of donors to tap despite having insanely large endowments that are quite well managed. I don't think your argument holds up.