Thiel has been a big backer of the Seasteading Institute, which seeks to build sovereign nations on oil rig-like platforms to occupy waters beyond the reach of law-of-the-sea treaties. The idea is for these countries to start from scratch--free from the laws, regulations, and moral codes of any existing place. Details says the experiment would be "a kind of floating petri dish for implementing policies that libertarians, stymied by indifference at the voting booths, have been unable to advance: no welfare, looser building codes, no minimum wage, and few restrictions on weapons."
"There are quite a lot of people who think itís not possible," Thiel said at a Seasteading Institute Conference in 2009, according to Details. (His first donation was in 2008, for $500,000.) "Thatís a good thing. We donít need to really worry about those people very much, because since they donít think itís possible they wonít take us very seriously. And they will not actually try to stop us until itís too late."
The Seasteading Instituteís Patri Friedman says the group plans to launch an office park off the San Francisco coast next year, with the first full-time settlements following seven years later.
Thiel made news earlier this year for putting a portion of his $1.5 billion fortune into an initiative to encourage entrepreneurs to skip college.
Another tech titan, Amazon founder Jeff Bezos, announced in June that he would be funding the "Clock of the Long Now." The clock is designed to keep ticking for 10,000 years, and will be built in a mountain in west Texas.
Gunman Storms Dutch TV Station Demanding Airtime 2015-01-30 23:32
Dutch authorities have released few details about the bizarre case of 19-year-old Tarik Zahzahís attack on the main news studio of television station NOS on Thursday. To get the obvious question out of the way first, the police say there is no evidence that Zahzah, who is half-Egyptian, acted on behalf of organized terrorism.
The authorities always say that on the ...
How Alan Dershowitz bullied rape victims to protect a serial child molester 2015-01-30 23:40 Harvard law professor Alan Dershowitz always felt children were fair game for Israeli missiles. Now the question is whether he thinks they are fair game for the sexual exploits of his powerful associates and himself.
Dershowitz and the UKís Prince Andrew were accused in a recent court filing of raping a teenage girl who was forced into sexual slavery by ...
Alchemical Banksters 2015-01-30 22:39
This past week, the world's preeminent vultures, the economic power elite, met in Davos to discuss the maintenance of their global fiat hegemony. Highlights included furthering austerity, noting that the serf class can't have air conditioning and cars, as well as cheering on the death of privacy through the rise of technocracy. The degenerate elite, completely out of touch with ...
Men must prove a woman said íYesí under tough new rape rules 2015-01-30 4:54
New guidance will be issued to all police forces and prosecutors as part of a ítoolkití to move rape investigations into the 21st century
Men accused of date rape will need to convince police that a woman consented to sex as part of a major change in the way sex offences are investigated.
The Director of Public Prosecutions said it was ...
4 beheaded in Saudi Arabia less than a week into King Salman's rule 2015-01-30 3:13 Comment: So when will the the "Human rights" promoting liberal west elite decide invade Saudi Arabia like they did Libya?
Members of Magic Movement stage a mock execution scene in protest of Saudi Arabia beheading of eight Bangladeshi workers in October 2011.
Four people have been executed in Saudi Arabia less than a week after 79-year-old King Salman assumed power following the ...