Friday, September 30, 2011

'Beautiful views and habor... in need of bit of biohazard work': Government to sell $80m animal disease island to clear debts - 30th Sept 2011

The U.S. government is auctioning off land in a bid to raise much-needed capital, with the nation's economy in a critical state with an entire island that once housed an Animal research centre for sale.

With the United State's deficit is in the region of $1.4 trillion, proposals have been drawn up by White House officials, exploring the idea of selling various government properties in a bid to raise funds.

Government officials have intimated that up to $22 billion can be generated from the sale of various unused properties, buildings and land with Plum Island in Suffolk County is one of the most notable candidates.

The island off the coast of Long Island is 3 miles long and has a current value between $50-80 million.

It was once home to Plum Island Animal Disease Centre where various studies where carried out, into the prevention of contamination in the nation's food supply. Read More