Would you like to buy a low-mileage Porsche for less than $14,000? A Lincoln Continental for under $1,000? How about a VCR or a fax machine for $20? Such fantastic deals are available to savvy shoppers who know where the best sales really take place at government auctions. Government, you probably know, dwarfs every other industry in the United States. The federal government alone has an operating budget of well over $1 trillion per year. (One trillion, hard as it is to comprehend, is a 1,000 times 1 billion; 1 billion is a thousand times 1 million.) Each state and local government handles even more millions. One city -- New York -- has an annual budget of approximately $30 billion, more than the total output of most nations. With all that money floating around, opportunities are bound to arise. Governments buy things by mistake, for example, so they have to dispose of them. Not-so-old supplies and equipment have to be sold to make room for newer, more expensive models. (Heaven help the bureaucrat who doesn't spend his or her annual budget allotment.) As crime increases, so does the inventory of seized property; the same for assets seized in lieu of back taxes or unpaid debts. As governments at all levels amass unwanted goods, there's a constant need to get rid of them. Moreover, bureaucrats aren't merchants with a constant eye on the bottom line. Often there's no incentive to get top dollar when unloading excess property. Instead, government employees merely want to get the stuff out of the way as soon as possible, as easily as possible. The merchandise is sold through government auctions. If you're patient and diligent, you can find extraordinary values in these auctions. There are two ways to cash in on such opportunities: * You can buy an incredible assortment of goods at bargain prices. If you want, you can use those goods yourself. * You can resell the goods you buy at auction, reaping huge profits and creating a successful business for your spare time.