federal government surpluses and effects

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You can make money buying and selling government surplus! You'll also find unbelieveable deals on all kinds of merchandise from household items, to office supplies, to vehicles. Everything you want to know about federal government surpluses and effects.

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Start a Business Selling Government Surplus
Author: Dean Novosat
Did you ever wonder what happens to all that government equipment that is purchased each year by federal, state, and local governments? They don’t just throw it away! By law, all unused and out-dated equipment must be sold back to the public at a public auction! That’s right. Everything is available to you and I the American taxpayer. There are primarily two ways that the government does this: on-site auctions or online auctions.

At an on-site auction, the government agency disposing of the property must usually post a public notice about the auction such as the location, date, time, and items to be auctioned off. There is usually an inspection period, especially if there are high-priced items that are to be auctioned off. Bidding is usually open to anyone, but you generally must pre-register on-site at the auction to bid. On site auctions may include items like used vehicles, boats, aircraft, computer equipment and military surplus. Some of the items are new, most are used, and a small percentage of it is junk.

Online Auctions are available to anyone with an internet connection and can be found on various website. The federal government typically uses the GSA auction site at gsa.gov/auctions. The military uses govliquidation.com. State and local governments may have their own websites. You may need to call your local government agency to find out how they handle surplus property.

The fun part is actually bidding and winning items. You can easily purchase things at 80%-90% off of retail! I personally purchased a color laser printer at 10% of it’s value! Granted, I needed to drive 3 hours to pick it up and I needed to clean it once I got it home, but it works flawlessly.

The business part of the equation is in purchasing large lots of equipment. I personally buy and sell large quantities of computer and office equipment. You can purchase computer and monitors by the skid load! I resell to friends and neighbors who get a good deal as well. I can sell them equipment 50% off of retail and still double my money! The local government auctions usually have the best deals as there are typically fewer bidders competing against you. I purchased $12,000 worth of computer equipment for $65! I also picked up a conference table and beautiful retro conference chairs!

Remember though, to bid with your head and not above it. Research carefully what you are interested in and what it would bring in resale. Set a firm price in your mind and don’t go over that price. Don’t ever get caught up in the heat of the moment when the bidding starts going crazy! Take a step back and re-evaluate before you pay more for something than you wanted to.

* * *

Find more of Mr. Novosat's writings on his own blog at http://www.novosat.us/wp

About the Author

Dean Novosat regularly attends local government auctions and participates online. Much of what he wins, he resells. He has several informative websites including http://www.buy-sell-gov-surplus.com and http://www.government-deals.com .

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More sites that feature federal government surpluses and effects

1. The Washington Report - June 2001
... in services from the federal government, than what they pay in ... reappearing on federal ledgers due to the effects of the $1.35 ... excluding the trust funds surpluses for Social Security and ...
http://www.natat.org/nata ...s/washrepjune2001.htm

2. Hoystory » 2003 » April
... North Korea, it should be noted, has suffered from such government-imposed mass-starvation that millions have been forced to live off grass. & As the human rights president, Carter noted that ...
http://www.hoystory.com/?m=200304

3. Caledon Institute - Setup
... supports deduction announced in the 2004 federal Budget. Persons with disabilities who are ... ... making informed choices about government spending. Letting surpluses lapse into debt repayment has ...
http://www.caledoninst.or ...earch/Search_Results/

4. Derivatives Study Center in the Press
... as well as the American public to track the effects of this important legislation. It will be e ... ... U.S. Treasury securities market as federal government surpluses continue to shrink that market. The ...
http://www.financialpolicy.org/dscquotes2000.htm

5. Links to Agency-Related Budget Information and Budget Analysis
... say about what the government is doing). Back to ... on the overall Federal budget. OMB and CBO ... and make estimates of effects of budget actions on ... debt and deficits and surpluses. Back to top Agency ...
http://www.budgetanalyst.com/linksto.htm

6. Social Security Network Related Research
... SecurityÃs current annual surpluses would be shifted to private ... 4/22/2005 Analysis on the effects of progressive price indexing ... that undermine the federal governmentÃs ability to perform ...
http://www.socsec.org/research.asp

7. http://www.realpriceofwar.com/site/ch01.htm
... the costs and economic effects of the War on Terror ... the federal governments finances, I put ... Medicare, and the federal retirement system ... a year in retirement surpluses as though they were ...

8. raaust RASAM
... economyÃ– the list goes on. WeÃre sorry that the effects of most of these policies spill over our ... ... America, with foreign trade and federal government surpluses, a strong economy, and a healthy ...
http://www.perkowitz.com/ ...re.php?id=A243_0_7__M

9. What's the big idea?
... isn't going to change that. Some argue the effects of growth can be minimized with higher density ... ... federal coffers that annual surpluses in the billions have become routine. At all three levels of government ...
http://www.peakoilandhuma ...telligent_article.htm

10. Keyword
... and Connecticut enjoy large surpluses as a reward for a half ... theory has been dismissed by a federal judge for the second time ... was the trendÃs impact on government employees. Ã¬If more ...
http://www.freerepublic.com/focus/keyword?k=taxes

11. Research: Publications, Papers and Presentations from the LINK Centre - Sout...
... allow the economic surpluses of liberalisation to ... What are the effects of the diffusion of ... e-governance. The E-Government Capacity Check ... of the Canadian Federal Government for e ...
http://link.wits.ac.za/research/research.html

12. Think Progress
... The transition from budget surpluses to budget deficits was a ... credit card industry. Now the effects of the severe legislation are ... there nothing that the federal government can do to help ...
http://thinkprogress.org/?tag=Economy

13. The Power of Group Work
... with the federal government, budget surpluses are gone ... agencies are derived from government contracts. One benefit of ... suffering the psychological effects of September 11, 2001 ...
http://www.naswnyc.org/ne ...03/running_empty.html

14. For a Major Re-Investment by the Federal Government in the Development of So...
... All this is only one of the effects caused by the way in which ... and budgetary means- the federal government. In the November 2nd ... the Finance Minister spoke of surpluses of $95 billion over 5 years ...
http://www.frapru.qc.ca/Docs/Mem_fina.html

15. Bush Deficit Spending: CTJ Analysis
... from Bush Tax Plan 5/30/03 Effects of First Three Bush Tax Cuts ... out of every three dollars the federal government spends this year ... term, the government actually ran on-budget surpluses and began ...
http://www.ctj.org/html/debt0603.htm

16. Testimony: Getting a Perspective on the New Economy
... were made of the supply-side effects of tax cuts. In large part ... 2 First, if large on-budget surpluses do materialize, they should ... fiscal position of the federal government is not good, given that ...
http://www.iie.com/public ...er.cfm?ResearchID=415

17.
http://www.top20taxes.com/

18. TCU MLA - Courses
... deficits and surpluses, federal government budget deficits and surpluses, income distribution, and ... ... will initiate policy changes and examine their effects on various aspects of the economy, such as the ...
http://www.mla.tcu.edu/courses60200.htm

19. Policy Reports - The Buckeye Institute
... income growth); and surpluses should be ... for financing state government. The report argues ... money and spurred by federal pressure, many ... Health Meddling: The Effects of Mental Health ...
http://www.buckeyeinstitute.org/query/reports

20. Free Essays - The Debt- An Economic Catastrophe
http://www.freeessays.tv/a12176.htm

21. Winning the Future
... would have devastating effects on innovation and ... quarter of the entire federal budget is being spent ... on the vision. The government should also ... the Social Security surpluses would force them to ...
http://www.winningthefutu ...backpage.asp?art=2651

22. KEY POINTS IN EVALUATING
... the risks from the government to the individual ... on the rest of the federal budget in the future ... non-Social Security surpluses, though promising ... of the program. II. Effects of Proposals to ...
http://thearc.org/ga/socsecmay99.html

23. AT ISSUE !
... government has posed surpluses every year it has ... of Finance looks at federal, provincial and ... China. And the U.S. government has been rightly ... start feeling similar effects. Not since the ...
http://www.uaw251.ca/at_issue!.htm

24. Deficits, Interest Rates, and Taxes: Myths and Realities
... Executive Summary The federal government's swing from budget surpluses to budget deficits has raised concerns about possible negative economic effects. Some economists have argued that deficits will ...
http://www.cato.org/pub_display.php?pub_id=1375

25. FRB: Speech, Gramlich -- National saving and Treasury debt -- June 11, 2001
... managers to commingle federal money with money from ... had relatively small effects on portfolio rates of ... Fund, Singapore's Government Investment ... of large accumulated surpluses, and have all ...
http://www.federalreserve .../20010611/default.htm

26. U. S. Real Estate Market
... the lagged stimulative effects of the federal funds rate ... Fiscal Policy The U.S. federal government ran a budget surplus ... at $153 billion. Moreover, surpluses are projected to total $3.4 ...
http://www.onerealtorplac ...006a8c3c?OpenDocument

27. ThePolitic - Canadian Political Weblog » 2004 » February
... some of the negative effects of not finding WMD in ... This is a preview of Federal equalization offer ... A Comment Âª B.C. government balances the books ... and $275m and $300m surpluses to follow, despite ...
http://www.thepolitic.com/archives/2004/02/

28. Foreign Exchange Forex Directory Terms Glossary Dictionary
... past deficits minus surpluses of the United States ... of 12 regional Federal Reserve Banks and a ... Fiscal Policy Government policy regarding ... Technician studies the effects. FX - an abbreviation ...
http://www.cambridgefx.co .../forex-directory.html

29. Why Population Matters of WOA!! World Population Awareness
... has declined to much less than 30%. The government will focus on disaster-prone regions and ... ... The issue of population growth and its effects on the natural world will become more ...
http://www.population-awa ...rg/whyPopMatters.html

30. Kyoto Protocol - Wikipedia, the free encyclopedia
... apply pressure on the federal government by demonstrating that ... Growth and Projected Budget Surpluses. URL accessed on November 15 ... 15, 2005. DOE "Economic Effects of a Complex Agreement Depend ...
http://en.wikipedia.org/wiki/Kyoto_Protocol

31. Tax article - Tax government politics economics public finance Purposes effe...
... links Purposes and effects of taxation ... tax as a result. The federal government then had ... of revenue the government receives for this ... consumer and producer surpluses shrink by equal ...
http://www.what-means.com/encyclopedia/Tax

32. Publications and Research - Speeches - 1999 2 June - Bank of Canada
... have felt in the 1990s has to do with the after-effects of the strong medicine we have had to take to ... ... federal government and most provincial governments now have balanced budgets or are running surpluses ...
http://www.bank-banque-ca ...ches/1999/sp99-5.html

33. The Urban Institute | Issues in Focus | Budget Crisis 2006
... discussion was on the effects of the fiscal 2004 ... happened to the surpluses? 12th Annual ... organizations, government agencies, and the ... product and the federal budget. Although ...
http://www.urban.org/tool ...sues/budgetcrisis.cfm

34. Economy Archives - Don't Fear Deficits by Russell Roberts
... 1997, the federal government ran a deficit every ... 1982 and 1996, the federal budget deficit ... So now we've got surpluses. When is that house ... to fall apart? Are the effects of deficits so ...
http://www.invisibleheart ...eart/EconomyFear.html

35. The Charles Stewart Mott Foundation
... fell sharply, budget surpluses disappeared. Indeed ... decides how to use its federal block grants for such ... fiscal year, the government must also take into ... who are poor, the real effects of [budget and tax ...
http://www.mott.org/publi ...osaicv2n2/poverty.asp

36. Mercury Policy Project
... to cause an appreciable risk of adverse health effects over a lifetime. 9/1/05 The US tuna industry ... ... assertions in an August 30 letter. "The federal government has no authority to prevent California ...
http://www.mercurypolicy.org/

37. Good Jobs For All Newsletter 1999
... with budget surpluses, which are ... the conservative government has cut child-care ... rights, comprises the Federal Governments ... the beneficial effects of lower unemployment ...
http://www.njfac.org/gjfa-f99.htm

38. College Research Assistance - "GROUNDING FOR THE METAPHYSICS OF MORALS" (IMM...
... appeared to have had Keynesian effects on Neither the flexible ... of budgetdeficits or surpluses would made One implication ... periods should the federal government are not inthe federal ...
http://www.research-assis ...ls_immanuel_kant.html

39. Museletter # 149 / August 2004: The Endangered US Dollar
... gold from the U.S. Federal Reserve, legal under ... In 1980, the Saudi government retroactively ... oil. Japanese trade surpluses from export of cars ... past 15 years, but its effects are cascading into ...
http://www.museletter.com/archive/149.html

40. Center for American Progress Budget Blog » 2006 » January
... The largest budgetary effects of S. 1932 over the ... created shows that federal spendingÃ„Ã®not tax ... growth in popular government programs this year ... has swung from record surpluses to massive deficits ...
http://budgetblog.americanprogress.org/2006/01/

41. Public Budgeting & Finance
... Koerner Testing the Effects of Sale Method ... in Australian Government Budgeting Marc ... Fatal Defect in the Federal Accounting System ... Countries with Budget Surpluses Paul L. Posner and ...
http://www.aabpa.org/PBandF_Journal.html

42. Wisconsin Chamber of Commerce Foundation - Wisconsin Manufacturers & Commerce
... past deficits minus surpluses of the United States ... or sale of government bonds by the Federal Reserve in order ... have political and economic effects. Price The amount of money ...
http://www.wischamberfoun ...on/display.cfm?ID=109

43.
http://www.thinkprogress.org/?tag=Economy

44. Welcome to KissinforCongress.com - The Platform
... include the effects of the higher ... 2004 report: U.S. government finances have ... instead of budget surpluses, deficits are again ... would grow so much the federal budget would be ...
http://www.kissinforcongress.com/platform.htm

45. District of Columbia (ISIL Freedom Network)
... the EPA', 'The Myth of Health Effects from Exposures to Chemicals ... policy, defense, education, government organization, health care ... environmental protection, and federal regulation. Roger Pilon ...
http://www.free-market.net/network/dc/index.html

46. LonePatriot.com: Daily Post Archives
... in this country to having that kind of power in the hands of federal agents. "We have always put a neutral judge between the government agent and the target of that agent. The Patriot Act changes ...
http://www.lonepatriot.co ...daily_post/index.html

47. Tax Cuts-the Economy
... and reflect the effects of making permanent ... 2000 he said federal surpluses would suffice to pay ... a memo ordering all federal agencies to prepare ... suffice to close the government's projected budget ...
http://www.guerillasticke .../Tax Cuts-Economy.htm

48. Carbon Disclosure Media Coverage
... But the nations could trade surpluses and deficits with each other ... weather events and other effects of warming, comes as ... than in routine filings with government regulators, according to ...
http://www.cdproject.net/mediacoverage.asp

49. America First Party
... no event shall budget surpluses be used to expand ... The Federal Government shall not regulate ... laws whether they are federal, state, county, or ... houses, papers and effects will be emphasized ...
http://www.americafirstpa ...g/docs/platform.shtml

50. Balance Sheets and Budget Surpluses: An Analysis, 1997-1998 — 2003-200...
... War II, the federal government ran what could be ... offset by small surpluses during periods of ... 5)Along the way, the federal debt-to-GDP ratio ... due largely to the effects of economic growth.(6 ...
http://www.parl.gc.ca/inf ...PRBpubs/prb0538-e.htm