California hosts garage sale to raise funds
California Governor Arnold Schwarzenegger is pulling out all the stops with the state’s “garage sale” of unclaimed or unneeded merchandise. The idea came to him via a “tweet,” he’s using his Hollywood cache to juice bidding and it’s all in the name of belt tightening.
The LA Times has the story:
In his latest effort to balance the budget, the governor is cleaning out the state’s storage sheds and holding a garage sale on Craigslist and EBay.
Need a 2001 Ford Focus wagon with 110,059 miles and Schwarzenegger’s autograph on the visor? Someone did, offering the high bid of $1,625.01 for the old state car as of Tuesday afternoon. The governor got the idea to sign the visors from one of nearly 1 million people who follow him on Twitter, and he jumped on it.
“I look forward to selling these signed cars and making some $ for California,” the governor tweeted last week as he autographed the visors….
The state began selling unneeded or unclaimed items online last week and is holding a two-day auction of 6,000 more on Friday and Saturday at a Sacramento warehouse.
If you want to take a look at the stuff on offer, check it out here.
(HT: WSJ’s Real Time Economics)