artificial island countries for libertarians?

I know this post may be controversial, but I could not believe this little news article when I read it, and my knickers are now in a knot.

Here is what the wealthy, who are being exempted from paying appropriate rates of taxes due to partisan intransigence, are thinking of doing with some of the saved money - instead of investing it in America.    Time for those who are unwittingly doing the bidding of these crafty, wealthy capitalists to wake up, me thinks.

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Silicon Valley billionaire funding creation of artificial libertarian islands

 

 

By Liz Goodwin | The Lookout – Tue, 16 Aug, 2011

Seasteading Institute city design (Anthony Ling)

"Pay Pal founder and early Facebook investor Peter Thiel has given $1.25 million to an initiative to create floating libertarian countries in international waters, according to a profile of the billionaire in Details magazine.

"Thiel has been a big backer of the Seasteading Institute, which seeks to build sovereign nations on oil rig-like platforms to occupy waters beyond the reach of law-of-the-sea treaties. The idea is for these countries to start from scratch--free from the laws, regulations, and moral codes of any existing place. Details says the experiment would be "a kind of floating petri dish for implementing policies that libertarians, stymied by indifference at the voting booths, have been unable to advance: no welfare, looser building codes, no minimum wage, and few restrictions on weapons."

"There are quite a lot of people who think it's not possible," Thiel said at a Seasteading Institute Conference in 2009, according to Details. (His first donation was in 2008, for $500,000.) "That's a good thing. We don't need to really worry about those people very much, because since they don't think it's possible they won't take us very seriously. And they will not actually try to stop us until it's too late."

"The Seasteading Institute's Patri Friedman says the group plans to launch an office park off the San Francisco coast next year, with the first full-time settlements following seven years later...."

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Political zealots are allowing the wealthy to not pay their fair share of taxes thinking that with the money the wealthy save, they will surely create jobs for middle and lower classes of Americans.  Looks like a few of them have other plans for the millions and billions they are saving.  Of course these people want less government interference in their plans.  Heads up, peeps. 

 (Bolding in news article added by me.)