Friday, June 22, 2012

HOW is This Even Legal?

Or EVER legal to begin with as the piece notes?

It just boggles the goddamned mind. The United States of America is literally for sale to the highest bidder:

Lanai is sometimes called “Pineapple Island” because of its history as a pineapple-growing center. Ellison is closing the deal to transfer ownership of 98 percent of the island’s 140 square miles, with former owner Castle & Cooke, a company spun off from the Dole Food Company, the world’s largest producer of fruits and vegetables. Castle & Cook is owned by billionaire David Murdock, who took the company private in 2000 when he bought out the other shareholders for $700 million.

The deal was made public Wednesday by Hawaii Governor Neil Abercrombie, but the sale agreement, which was signed on May 2, was redacted by the sellers’ lawyers, saying that the paperwork included confidential information which would competitively hurt Ellison.
The real estate involved is 88,000 acres and includes two Four Seasons Resorts, each with its own golf course, a stable, along with residential and commercial properties.

The island has 30 miles of paved roads, 400 miles of unpaved roads and no traffic lights. The population of the island is 3,200, many of whom live on Ellison’s land and will apparently face the prospect of becoming his serfs.

It makes one speechless.

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