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Purchasing Atlantis from a debt-ridden country, but with autonomy built into the purchasing agreement?

Posted by $ jbrenner 9 years, 8 months ago to Government
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Many of us, led by db and Kh, have been debating the subject of immigration. I would love to see America get back to her pre-1913 roots, but for numerous reasons, I think that such effort is a waste of time and resources.

Freedomforall, in response to my suggestion that America sell its "government land" to pay down at least part of its debt, asked if such a sale could include the right to secede.

That prompted me to consider the possibility of buying land from debt-ridden countries (some of which are experiencing hyperinflation) at rockbottom prices, with autonomy being required as a condition of purchase. As debt piles up all around the world, there will be some opportunities along these lines for vultures like myself to come scavenge the debris. Perhaps an island off the Venezuelan coast with some nearby oil? In our previous discussions about a physical Gulch, our premise had been to buy land that the nearby government would largely ignore based on its track record of freedom (or lack thereof). That may be the wrong premise to work from. Why should we not provide a value for value trade in their time of desperation? The question then is how long do we wait. The price for the land in such desperate countries should continue to go down, but the conditions in our own countries might get bad enough that we could get trapped by 10-289.

The United Arab Emirates, Bahrain, and Thailand are working toward the development of micronations off their coasts. Interestingly, Google is developing the first such island. The linked article describes some of the first work along these lines.


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  • Posted by autumnleaves 9 years, 8 months ago
    Respect property rights....I agree. However, on the issue of immigration, we have argued and argued on what are property rights. If we cannot agree here, how are we going to agree on our "island nation"?
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  • Posted by freedomforall 9 years, 8 months ago in reply to this comment.
    No doubt. I have this need for Atlantis to be self reliant in food and water supply in particular. Siege wouldn't be pretty.
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  • Posted by conscious1978 9 years, 8 months ago
    As discussed before, it's not a workable idea in this day and age. The biggest hurdle is the inability to provide adequate defense. A militia isn't going to cut it. Capitalism needs a stable political environment to thrive.

    Unless a defense agreement could be made with a very well armed nation, we would be labeled as a cartel sponsoring financial terrorism and taken down by the biggest looter quickest to the punch. You can imagine the headlines.

    A lot of people in our country know something is wrong. They're looking for answers and leaders. Now is not the time to abandon the battleground of ideas to the statists on the Left or the Right.
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  • Posted by $ 9 years, 8 months ago in reply to this comment.
    If the island is close enough to Greece, perhaps we can import more than just talented professionals.
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  • Posted by freedomforall 9 years, 8 months ago in reply to this comment.
    If we can produce adequate water and food from the rocky islands, the location is ideal for trade and to attract an educated workforce. Likely that means a premium selling price except for the well connected banksters.
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  • Posted by freedomforall 9 years, 8 months ago in reply to this comment.
    The same thing can be said of the EU and the US, if there is something of value at stake, or the perceived need to make an example to keep the serfs under control.
    One of the priorities would have to be making Atlantis a porcupine that's too much trouble to bother with. Make the cost to the attacker too high. Defense is always cheaper than offense.
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  • Posted by $ 9 years, 8 months ago in reply to this comment.
    Respect for property rights is the major point of getting autonomy into the purchase agreement. WilliamShipley's point regarding the selling country or some other country using force to seize the fruits of our labor is a valid one. For that reason, I wouldn't want to buy property within Russia's or China's spheres of influence. Putin has no respect for Ukrainian autonomy, for example.
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  • Posted by Mamaemma 9 years, 8 months ago
    If we could find a place that truly respects property rights, we'd probably all go in a heartbeat!
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  • Posted by $ 9 years, 8 months ago in reply to this comment.
    I am sure that Atlantis will have a more than capable militia, but your point is well taken.
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  • Posted by $ WilliamShipley 9 years, 8 months ago
    The biggest problem I see with this concept is that I believe that a nation built by producers without the regulatory drag of an army of looters would be incredibly productive and generate a lot of wealth.

    Either the nation that sold the land or some other nearby nation would be unable to resist such a plum and would want to seize it. How would that be stopped?

    You can have all the legal contracts giving you autonomy but governments are perfectly capable of ignoring them when there are assets to grab. Ask the Indians about this. They had autonomy on the lands they contracted for by treaty.

    There would be lots of noble sounding reasons but the bottom line would be "pay up or we take you over".
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