Wednesday, June 02, 2010

How to rape a country and live in comfort


I became aware a few years back, of the cruise industry, to actually SELL cabins to people and then the owners could use them or lease them back as the needs of the Ship changed.

The big incentive was tax breaks for the millionaires that could afford the cabins and tax free income for the owners. It sounded at the time like another kind of tax loophole that the rich always seem to be afforded. I didn't think much more about the idea until I read this article today.

Thinking about the global financial meltdown, the natural and man made disasters that seem to be occurring on a regular basis now, and the real possibility that there will be upcoming food shortages and higher gas and energy prices in the not too distant future (you don't really believe BP is going to pay for the oil spill disaster do you?) , made this article all the more chilling to me when I read it....tell me what you think

The Really Creepy People Behind the Libertarian-Inspired Billionaire Sea Castles


No comments: