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Cash-hungry U.S. states turn to Web to auction goods

U.S. municipalities, strapped for cash as the recession decimates revenues, are stepping up sales of everything from old police cars, helicopters and bicycles to confiscated jewelry and slot machines in an effort to reduce swollen deficits. And municipalities that previously relied on old-fashioned auctions conducted in local parking lots are getting more sophisticated, turning to the online world as they seek to maximize their sales.


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