The government car boot sale

Jim Lindgren, writing at the Volokh Conspiracy, suggests that the American banks hold a yardsale (that's something like a car boot sale, I imagine) to liquidate some of their assets. That makes perfect sense, and I'm sure British banks should follow suit.

But why stop there? Surely the government should not start holding a carboot sale to get rid of its assets and fill the budgetary holes left by its mismanagement of the economy. Yup, it's privatisation again. Now. Where could we start. Schools....hospitals...the BBC...Channel 4. That should help.

Any other suggestions?

I've how much these would raise in the marketplace, but it must be quite a lot, mustn't it. Your estimates are also welcome.

Comments

[rightwingprof]

Car boot sale? Wass ist das?

Yardsales are when people gather things they no longer want and put them up for sale for very cheap prices in their yards; a garage sale is a variation. They're a grand American tradition when it's not winter. They're even listed in the paper. There are people who search out yardsales every weekend.

[Bishop Hill]

In the UK, you put all your things in the boot (trunk to you) of your car, and head for a car park (parking lot to you ;-)). Then you stand by the back of your car and wait for the buyers to come by.