Billionaire Larry Ellison, the 3rd richest American according to Forbes, has purchased Lanai which is the 6th largest Hawaiian island.
At $500,000,000 it was quite a steal considering it breaks down to a tiny 0.13 cents a square foot. A great 500 million USD investment by the Oracle CEO.
Lanai is a destination of untouched tranquility, relaxation and tranquility. A golfers paradise, no distraction or hustle and bustle like Oahu.
This romantic island is a true getaway, though they also have a Four Seasons five star hotel.
The rich get richer. Congratulations, Mr. Ellison on obtaining Hawaii’s most enticing island. Well played sir and Aloha.
What if money as such disappeared? We’re on the verge of a general economic breakdown crisis and it’s in process now in the Eurozone and America.
Excerpts from Lyndon LaRouche discussion June 16, 2012 on the impending world economic collapse.
Hold on to your hats, we’re going to have a rough ride. There is no security. You’re in an area of complete uncertainty.
You don’t know what’s going on. Act on whats the right thing to do. That’s all you have. If Holder tells the truth, Obama is likely finished.
The likely event is the system is going to break down. It won’t be a pretty sight. Under present trends, there is no chance of survival.
You cannot save the American economy without a National Credit System. A credit system is the only thing that will win the situation. We have options if we assert them.