“Some of America’s richest people are spending billions quietly preparing for a global Apocalypse,” reported the U.K. Daily Mail days ago. “What do they know that the rest of us don’t?”
These people include rightists and leftists. Peter Thiel, the libertarian billionaire who created PayPal and was an early investor in Facebook, and supports President Donald Trump, paid $10 Million for an isolated 477-acre lakeside estate in New Zealand’s Southern Alps.
Others who see New Zealand as a safe place to ride out widespread economic and social breakdown are venture capitalist Sam Altman, billionaire hedge-fund pioneer Julian Robertson, and Hollywood film director James Cameron – who told the true story of disaster for rich and poor when a supposedly-unsinkable ship sank in Titanic.
In a single recent week “More than 13,000 Americans registered to buy a home in New Zealand – 17 times the usual rate,” reports the Daily Mail.
Billionaire Ted Turner seemed eccentric years ago when he built a giant survival estate in Patagonia near the southern tip of Argentina. But now the billionaire founder of Oracle, Larry Ellison, has bought 98 percent of a Pacific island, and megawealthy Facebook founder Mark Zuckerberg has purchased a 750-acre estate nearby.
“[A]t least 50 percent of Silicon Valley billionaires have taken out so-called ‘apocalypse insurance’ by finding a refuge at home or abroad,” reports the Daily Mail, although many describe their fortified overseas property investments only as vacation homes.
Companies such as the Survival Condo Project have been building defensible, site-hardened luxury homes for $3 Million to eager buyers. The rich see danger in our fragile economy and troubled society.
A sudden passion for acquiring survivalist guns, grub and gold has, surprisingly, swept over liberals. Gun purchases fell by 500,000 in January, largely because conservatives no longer fear that former President Barack Obama and his party might confiscate their firearms. But many liberals have become frightened and started buying firearms for self-defense.
At the same time, riots on college campuses and in inner cities threaten to grow as leftists there react to President Trump’s policies. Ideological leftists appointed to our courts have blocked some of his policies, especially changes restricting immigration. Some worry that Mr. Trump’s proposal of a wall on America’s southern border to halt a flood of illegals is opposed by Republican as well as Democrat globalists and might never be built.
President Trump, meanwhile, is using carrots and sticks – tax and regulation cuts as well as tariffs – to persuade companies to bring investment and jobs to America, even as some of our richest citizens are preparing to flee abroad.
“Is the wall only to keep illegals out, or is it also to keep the rich in?” asks veteran think tank futurist Lowell Ponte. “The Internal Revenue Service (IRS), which many hope Mr. Trump will rein in, on January 25 asserted its power to revoke the passports of those the IRS says owe taxes.”
In their 2016 book Money, Morality & The Machine: Smith’s Law in an Unethical, Over-Governed Age, Ponte and monetary expert Craig R. Smith warned of this. “This new Progressive rule,” they wrote, “declares that citizens who owe…tax…would not be permitted to leave the United States. These citizens would be required to pay the demanded tax and penalties to exit, or live out their lives without leaving the United States under a kind of nationwide house arrest.”
“A rich American might own a protected estate in New Zealand, but the IRS can instantly turn off his passport and keep him here until he pays a potentially huge amount of money to buy his freedom,” says Ponte. “We document 19 such risks that are a trap for the unwary, and we show people how to protect themselves and their life savings.”
For a fascinating interview with Lowell Ponte, contact: Sandy Frazier firstname.lastname@example.org 516-735-5468
For a media copy of Craig R. Smith and Lowell Ponte’s latest book, Money, Morality & The Machine: Smith’s Law in an Unethical, Over-Governed Age, contact: David Bradshaw, email@example.com 602-918-3296
Tom Leonard, “Apocalypse Island: Tech Billionaires Are Building Boltholes in New Zealand Because They Now Fear Social Collapse or Nuclear War. So What Do They Know that We Don’t?” U.K. Daily Mail, February 3, 2017. URL: http://www.dailymail.co.uk/news/article-4190322/Tech-billionaires-building-boltholes-New-Zealand.html
Shane Dixon Kavanaugh, “Liberal Preppers Stock Up On Guns, Food As Trumpocalypse Looms,” Vocative.com, January 17, 2017. URL: http://www.vocativ.com/390175/liberal-preppers-stock-up-on-guns-food/
Brian Wheeler, “Why US Liberals Are Now Buying Guns Too,” BBC News, December 20, 2016. URL: http://www.bbc.com/news/magazine-38297345
Robert W. Wood, “Another Travel Ban: IRS Moves To Revoke Passports For Unpaid Taxes,” Forbes Magazine, February 2, 2017. URL: http://www.forbes.com/sites/robertwood/2017/02/02/another-travel-ban-irs-moves-to-revoke-passports-for-unpaid-taxes/print/
Craig R. Smith and Lowell Ponte, Money, Morality & The Machine: Smith’s Law in an Unethical, Over-Governed Age. Phoenix: P2 Books, 2016. Pages 122-123.