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.
“ We’re just printing money. The Federal Reserve is now I’m estimating a Trillion and a half dollars [$1,500,000,000,000] in credit to the EU [European Union].
This propping up of Greece is a farce. Greece is going to default, it’s going to further default, Italy and a whole series of other countries in the EU.
The United States housing market is headed for worse than depression levels. Real unemployment, if you measured it accurately would be more like 22 or 25%.
The number of people on dependency of the Federal Government: food stamps, unemployment insurance, you name it is growing everyday.
We’re not going to create any jobs in an economy where government regulations are so tight.
We’re on a straight slide down in to a continuing global depression that will make the 30’s look like a picnic.” – Dr. Jerome Corsi, PhD Harvard
newsbyphotos
News by Photos vBlog 