🚀 go-pugleaf

Michael Lodman (jlodman@alumni.caltech.edu) wrote:
: Phil, right now there is no market for FEDERAL grazing land. There is a very

The only reason the U.S. Senate is discussing how much land to devote to 
grazing leases, who should decide the price of those leases, and a host 
of other issues regarding grazing leases on federal land is because it is 
well known that there is a market for federal grazing land leases.  If 
there was no market for those leases, no one would care what the Senate 
decided because there would be no one who would pay for the leases no 
matter what arrangements were offered.  Instead, we can be pretty darn 
sure that every lease offered will be sold to a very willing buyer, which 
is a strong hint that the feds aren't driving a very hard bargain in the 
firmly entrenched market for federal grazing land leases.