COMMENT: Some very scary people, including extreme right-wingers associated with Facebook, as well as Carlyle Group alumni, have been backing the concept of establishing enormous, floating “Utopia” liners as seagoing living and recreational enclaves for the ultra-rich.
Profiled in FTR #718, Facebook financial backer Peter Thiel is a major backer of this undertaking. Along with associates, Thiel has been overt about his opposition to democracy, seeing it as precluding freedom.
Possessing a quasi medieval perspective, Thiel believes that allowing women to vote was decisive in the disintegration of society.
Financed by Thiel, the Seasteading Institute is headed by Milton Friedman’s son Patri Friedman.
In numerous broadcasts, we have visited with Lucy Komisar, who has extensively researched corporate use of offshore transactions to skirt domestic laws.
The Seasteading Institute is REALLY offshore!
EXCERPT: What happens when Americans plunder America and leave it broken, destitute and seething mad? Where do these fabulously wealthy Americans go with their loot, if America isn’t a safe, secure, or even desirable place to spend their riches? What if they lose faith in their gated communities, because those plush gated communities are surrounded by millions of pissed-off Americans stripped of their entitlements, and who now want in?
We finally have the answer, and you’re not going to like it: a new fleet of castles that float in the oceans. The super-wealthy are already building their first floating castle, a billion-dollar-plus luxury liner that offers permanent multimillion-dollar housing with the best protection of all: moats made of oceans, keeping the land-based Americans they’ve plundered at a safe distance.
The first such floating castle has been christened the “Utopia”–the South Korean firm Samsung has been contracted to build the $1.1 billion ship, due to be launched in 2013. Already orders are coming in to buy one of the Utopia’s 200 or so mansions for sale–which range in price from about $4 million for the smallest condos to over $26 million for 6,600 square-foot “estates.” The largest mansion is a whopping 40,000 square feet, and sells for $160 million.
It’s the first of its kind to offer permanent housing units to buyers, and there’ll be plenty on board the Utopia for the global elite inhabitants to keep themselves entertained: an outdoor movie theater, casino, miniature golf course, nightclubs, restaurants, shops, and a water park for the elites’ heirs (featuring a “Lazy River,” rock-climbing wall and water slides). At nearly 1,000 feet, the Utopia is almost as long as a nuclear-powered Nimitz-class aircraft carrier.
The floating castle is a longtime dream of libertarian oligarchs — a place where they can live their lives in peace free from the teeming masses of starving losers and indebted parasites and their tax demands. Since they’ve grown so rich off of America, they have enough spare change to fund projects like the Seasteading Institute, run by Milton Friedman’s grandson, Patri Friedman, and financed by the bizarre right-wing PayPal founder, Peter Thiel. . . .
. . . While Thiel and Friedman are busy cooking up their libertarian dystopia, the Frontier Group investment firm — an offshoot of the Carlyle Group — has already entered the realization phase with the Utopia floating castle. Frontier Group, was founded by some of the same big names from the notorious Carlyle Group–the private equity firm that brought together right-wing oligarchs like George H. W. Bush and other top American officials with their billionaire pals in Saudi Arabia like the Bin Laden family, who together raked in enormous profits thanks to the War on Terror that their kids Dubya and Osama launched.
While neither Bush nor the Bin Ladens are principals in the Frontier Group, its founding director, Frank Carlucci, is a name they know well, and you should too. Carlucci ran the Carlyle Group as its chairman from 1989 through 2005, right around the time that the wars started going undeniably bad, and floating castles started to look like a viable plan. But Carlucci’s past is much weirder and scarier than most of us care to know: whether it’s his strangely timed appearances in some of the ugliest assassinations and coups in modern history, or serving as Carter’s number two man in the CIA, and Ronald Reagan’s Secretary of Defense, if Frank Carlucci (nicknamed “Creepy Carlucci” and “Spooky Frank”) is the founding director of a firm that’s building floating castles, it’s a bad sign for those of us left behind. . . .