Tag Archives: Peter Thiel

Buying a house in NZ is ‘code’ for ‘apocalypse insurance’ – & a billionaire gets instant residency

Thanks to thecontrail.com for this link, & no not new news but a reminder of how money speaks  (Thiel being  Paypal’s founder) in our neo-lib ‘paradise down under’.

 

“New Zealand citizenship rules normally require an applicants to be a permanent resident for 1,350 days in the five years preceding an application.”

“Buying a house in New Zealand has become a sort of code for getting “apocalypse insurance,” as Reid Hoffman, co-founder of LinkedIn puts it to the New Yorker last year…”

“Saying you’re ‘buying a house in New Zealand’ is kind of a wink, wink, say no more…”

 

From the businessinsider.co.au

Peter Thiel is building a panic room in his New Zealand property, and it could be a sign that he’s part of a growing number of American millionaires choosing New Zealand as their Doomsday destination.

Last year it emerged the billionaire venture capitalist and co-founder of Paypal was granted New Zealand citizenship in 2011.

Thiel visited the country just three times for a grand total of 12 days before his citizenship was granted.

New Zealand citizenship rules normally require an applicants to be a permanent resident for 1,350 days in the five years preceding an application.

During his few visits he met four senior members of the Cabinet, including the Prime Minister.

Following public backlash, authorities who oversaw the citizenship defended their decision to give Thiel citizenship by saying he had been “a great ambassador and salesperson” for the country.

According to the New York Times, Thiel wrote in his application: “I am happy to say categorically that I have found no other country that aligns more with my view of the future than New Zealand.”

He told Business Insider in 2011 he found “utopia” in New Zealandand already had two noteworthy venture investments in Xero and Pacific Fibre.

iStockQueenstown [NZ Herald]

Despite saying that he had no plans to reside in New Zealand after gaining citizenship, and that he’d rather be “an enthusiastic supporter of the country,” the billionaire went on to make a number of real estate purchases.

In 2011 he bought a four-bedroom home in Queenstown for $NZ4.8 million.

And in 2015 he bought a 193-hectare block in Wanaka (the area used for the mountains in Lord of the Rings) for $NZ13.5 million.

He did not need to follow foreign buyers rules for the sales because he was a citizen.

While the land from the second purchase still remains undeveloped, it’s Thiel’s Queenstown property that is most intriguing.

After suffering a serious fire last year, causing more than $NZ500,000 in damage, Thiel used the opportunity to repurpose a walk-in closet — into a panic room.

The new design is laid out in building consents for the repairs filed with the Queenstown Lakes District Council in May, according to the Herald.

There have been numerous reports over the years about some of America’s wealthiest people buying property in New Zealand so that they have somewhere to flee in the event of a global catastrophe.

Buying a house in New Zealand has become a sort of code for getting “apocalypse insurance,” as Reid Hoffman, co-founder of LinkedIn puts it to the New Yorker last year.

“Saying you’re ‘buying a house in New Zealand’ is kind of a wink, wink, say no more,” he said.

“Once you’ve done the Masonic handshake, they will be, like, ‘Oh, you know, I have a broker who sells old ICBM silos, and they’re nuclear-hardened, and they kind of look like they would be interesting to live in.’”

While some have previously pointed to New Zealand as Thiel’s “back up country”, he has not ever confirmed it.

This latest development however sure looks like he is preparing his Doomsday bunker for Armageddon.

Read the full article from NZ Herald here >>

 

SOURCE

https://www.businessinsider.com.au/peter-thiel-building-panic-room-in-new-zealand-house-2018-2

Photo: Pixabay, eihbheinne

Advertisements

Why Silicon Valley billionaires are prepping for the apocalypse in New Zealand

From theGuardian.com

How an extreme libertarian tract predicting the collapse of liberal democracies – written by Jacob Rees-Mogg’s father – inspired the likes of Peter Thiel to buy up property across the Pacific. 

by 

If you’re interested in the end of the world, you’re interested in New Zealand. If you’re interested in how our current cultural anxieties – climate catastrophe, decline of transatlantic political orders, resurgent nuclear terror – manifest themselves in apocalyptic visions, you’re interested in the place occupied by this distant archipelago of apparent peace and stability against the roiling unease of the day.

If you’re interested in the end of the world, you would have been interested, soon after Donald Trump’s election as US president, to read a New York Times headline stating that Peter Thiel, the billionaire venture capitalist who co-founded PayPal and was an early investor in Facebook, considered New Zealand to be “the Future”. Because if you are in any serious way concerned about the future, you’re also concerned about Thiel, a canary in capitalism’s coal mine who also happens to have profited lavishly from his stake in the mining concern itself.

READ MORE

https://www.theguardian.com/news

Photo: Lake Wanaka, NZ – Pixabay

The NZ Govt has all but gifted half a million hectares of stunning Sth Island property, one tenth of NZ, to off shore buyers in a ‘vast wave of privatisation’

“Its [Alpha Burn Stn’s] sole shareholder was American billionaire Peter Thiel, the Libertarian futurist who had become a New Zealand citizen, unbeknownst to almost everyone, after spending 12 days in the country, which allowed him to buy the land without approval from the Overseas Investment Office.”

This is indicative of Agenda 2030. See our articles on privatisation (use the search box),  public private partnerships and Agenda 21/30. Also, see our Local Govt Watch pages at the main menu particularly Mangawhai and Horowhenua. See where the privatising (aka selling off) of the family silver began. NZ is fast disappearing down the gurgler I’m afraid. Following is a mainstream article.

 

From stuff.co.nz

“We’re talking about 10 per cent of the country. And even if it weren’t [that much land], it’s been done behind closed doors, and people should be concerned about that.”

We’ve paid $65m to get rid of some of our most treasured landscapes, through an obscure process critics have described as a vast wave of privatisation. Wealthy foreigners are snapping up valuable land once owned by the public, who in some cases paid to dispose of it. As gated estates and manicured golf courses spread through our wild places, Charlie Mitchell investigates:

Who owns the high country?

ALPHA BURN STATION

“Thousands of people each year make the pilgrimage along this narrow and dusty path, which twists through a bushy terrace overlooking a lake in the heart of New Zealand’s high country.

It is a landscape millions of years in the making, composed by the rise and fall of ancient glaciers, a place where colours converge; the lake’s deep shade of cerulean, the muted and sun-tinged tussocks of gentle hills, the colossal white peak of Mt Aspiring…

The land was ultimately privatised, without protection. About 18 months later, it was sold to a group of wealthy developers, among them Sky TV founder Craig Heatley, one of the country’s wealthiest men. They sought to subdivide the land for six houses, which did not come to fruition, in part due to vigorous opposition from local advocacy groups…

…the new buyer was particularly objectionable.

It was a company called Second Star Ltd, seemingly an homage to Peter Pan: the mythical paradise of Neverland is the “second star to the right” in the Disney adaptation.

Its sole shareholder was American billionaire Peter Thiel, the Libertarian futurist who had become a New Zealand citizen, unbeknownst to almost everyone, after spending 12 days in the country, which allowed him to buy the land without approval from the Overseas Investment Office.”

READ MORE AT THE LINK:

https://interactives.stuff.co.nz/2018/01/half-a-million-hectares-sold/?cid=facebook.post.2018%2F01#politics-VV1wrk8c5k


 

Photo: Glendhu Bay, Wikipedia

Glendhu Bay now the site of a golf course



RELATED:

VIDEO: Privatisation in NZ explained


 

FURTHER UPDATE FROM THE STANDARD:

High Country selloff scandal laid bare

Written By: Date published: 2:11 pm, January 21st, 2018 – 32 comments
Categories: Conservation, farming, labour, national, Privatisation – Tags:

A feature in yesterday’s Domion Post Weekend lays bare the extent of the scandalous selloff of huge tracts of our high country.

Charlie Mitchell’s report details how the tenure review of the high country has been conducted since it began in 1992 when many leasehold farms became uneconomic and a process was established to review the leaseholds by privatising some of the land and bringing parts into the conservation estate. The process has been followed by both National and Labour governments.

Mitchell’s article reveals:

  • The review covers over 2 million hectares of land, some 10 percent of the whole country, an area larger than the state of Israel
  • Tenure reviews since 1998 show that the taxpayer has paid nearly $65 million to privatise land it owned which in some cases has been sold for huge capital gains
  • The public has surrendered all rights to 430,000ha of the high country’s most productive land, parts of which have become luxury retreats, gated developments, tourism ventures, intensively farmed land or billionaire’s playgrounds
  • Around 14 percent of the privatised land has some form of covenant.
  • Much of the process has been secretive and not open to public scrutiny
  • Much of land was originally bought from Maori through a series of “meagre” payments for which
  • Maori were promised reserves and access to resources – promises that were broken by the Crown
    Around 14 percent of the privatised land has some form of covenant
  • Key sales to foreign buyers required no Overseas Investment Office review
  • Alpha Burn Station a few minutes from Wanaka and with 5.5km of Lake Wanaka shoreline, saw 190ha of prime property privatised without public protection for a net $50,000. It was resold almost immediately to rich lister Craig Heatley for $10.6 million, who after failing to win a subdivision battle, resold it to US billionaire, libertarian, and Trump adviser, Peter Theil, for $13.5 million. The capital gain computes at 37,000 percent, none of which is taxable
  • The taxpayer paid $5000 to privatise Glendhu Station. Now in three parts, one part has been sold with a partly finished golf course on it, for $16.7 million; another part is valued at $8.5 million and a third at $3.4 million.
  • One family owned Alpha Burn and Glendhu Stations, collectively paying $45,000 for 6000ha of Wanaka lakefront that today is valued at $45million.
  • An analysis by an author on the subject, Ann Bower, published in 2015 found the median capital gain of sales after tenure reviews was 69,200 percent
  • Across all tenure reviews since 1998, land valued at $320 million was bought by farmers for $143m, while land valued at $78m was purchased by the Crown for $208m
  • A furore over the sale of Richmond Station on the shore of Lake Tekapo caused the Clark Labour government to suspend the reviews, but the Key National government restarted the process in 2009, with then Conservation Minister Kate Wilkinson saying the Crown didn’t need more conservation land
  • As recently as May, the leaseholders of Airies Station in Burkes Pass purchased the whole station freehold for $2.8 million, and the Crown paid out the same amount to cancel the payment. A quarter of the land was covenanted but no public access was granted.

SOURCE: https://thestandard.org.nz/high-country-selloff-scandal-laid-bare/

 

vaccine trials use poor black babies as test subjects

Photo: ghostshipmedia

From ghostshipmedia.com

By Celeste McGovern

It is very rare for the mainstream media to critically report on questionable activity by the pharmaceutical industry and especially by vaccine manufacturers, so the recent rash of news stories about a “shady” and “patently unethical” offshore vaccine trial funded by billionaire entrepreneur Peter Thiel is intriguing.

Twenty patients on the quiet Caribbean island of St. Kitts were reportedly given an experimental genital herpes virus vaccine by a small private vaccine manufacturing company called Rational Vaccines in 2016.

A maverick scientist had developed his own risky genital herpes vaccine to inject into unwitting subjects on the secluded paradise island which has pockets of poverty, the story goes. The “weakened but not dead” virus vaccine was particularly concerning to doctors. Unwilling to be fettered by the bother of Food and Drug Administration bureaucratic tangles and impatient to get his drug to market, the scientist had enlisted a ring of “libertarian” tycoons to help him buy his way past the FDA and other regulatory bodies. The headlines zeroed in on the funding role of PayPal founder and venture capitalist Peter Thiel.

“What they’re doing is patently unethical,” Jonathan Zenilman, chief of Johns Hopkins Bayview Medical Center’s Infectious Diseases Division told Kaiser Health which broke the story. “There’s a reason why researchers rely on these protections. People can die.”

The comment ricocheted from CNBC and the New York Post to Newsweek and Salon. It’s an admission you rarely hear from the Pharma-controlled press: vaccines can kill. People can die. Live virus vaccines are dangerous, even though we are told they are safe and effective for our babies. The story carried the inference that FDA oversight makes studies so much more trustworthy and ethical. And the implication that anyone, like Thiel, who would step outside that government lifejacket of protection must be reckless and greedy.

That is the mainstream version of the story – a mix and match yarn that capitalizes on certain truths while ignoring others. The media has polished the art of paltering – or lying while telling the truth.

READ MORE

http://www.ghostshipmedia.com/2017/11/18/wait-msm-just-say-shady-vaccine-trial/