Some people, when in dire fiscal straits, resort to pawning heirlooms to raise money.
Should the United States do the same?
That’s what a new petition on the White House’s “We The People” petition site calls for as a way to avoid defaulting on the country’s debt.
Specifically, and of particular pertinence to South Dakota, it calls on the U.S. to pawn Mount Rushmore.
Things aren’t quite as dramatic as it sounds — the call is to pawn Mount Rushmore to the Federal Reserve, not the private market, and then “buy it back later once our cash flow problem is solved.”
But of course, as many people in desperate straits discover, planning to buy back one’s pawned goods and doing it can be two different things entirely.
If the U.S. really did sell off Mount Rushmore, how much money could it get for it?