SoylentNews is people
SoylentNews
During their investigation of the purchase of a large estate in New Zealand by Peter Thiel, Matt Nippert and Anne Gibson, reporters for The New Zealand Herald, noticed that certain processes required by the Overseas Investment Act had not been followed. The explanation: Peter Thiel is a NZ citizen and hence wasn't required to follow the procedures for an overseas investment.
If Thiel is so sure that Trump will deliver, why does he need a bolt hole and more importantly, citizenship in another country?
One question being asked was why Mr. Thiel became a New Zealander in 2011. Close behind that was how it happened.
If you like New Zealand enough to want to become a citizen, the country's Internal Affairs Department noted on Wednesday, one requirement is "to have been physically in New Zealand for a minimum of 1,350 days in the five years preceding the citizenship application." Another requirement is that you "continue to reside" there after becoming a citizen.
Mr. Thiel, 49, does not appear to have done either.
[...] If Mr. Thiel was not a resident in New Zealand for the necessary amount of time, an exception must have been made. The government has not responded to questions about whether that happened and, if so, what the reason was.
(Score: 0) by Anonymous Coward on Friday January 27 2017, @06:30AM
You are looking at it as someone who has to scrap for assets.
Look at it through a different lens. The lens of showing off power. There are watches out there that cost 30k+ USD. Are they any better at telling time than elcheapo dollar tree special made in china? Not really. But they carry a different thing along with them. The show of money.
Also since the article decided to bring Trump into this (eye roll). We can use him as an example of what I mean. The dude is silly rich. He can buy pretty much whatever he likes and not care. Yet you see him buying basically junk food all the time. He could eat 500 dollar a plate dinners 3 times a day for the rest of his life and not even put a dent in his fortune. He buys what he likes. That seems to be junk food (aka KFC, mcdonalds, etc). Look at his suite that he lives in trump tower. A alter to gaudy golden thrones. He is showing it off. That is how rich people telegraph to each other who is the alpha. We as plebes look at it shake our heads and go 'what a waste'. You think rich people use money for 'good or bad'. They use it as weapon for popularity and whatever they feel like.
Carnegie built 3,000 public libraries
He could have built 30k of them and still have a sizable fortune. He was trying to buy a legacy of doing good on a sea of blood, iron, and coal.
freedom of the press for a personal vendetta
Yes you are free to say whatever the hell you like. It does not mean saying things about others does not come without consequences. The case they lost at they were ordered several times by a judge to knock it off until the trial was over. They ignored him. Pissing off a judge does not make them magically say 'oh yep your right free speech'. Buzzfeed is only a notch above the national enquirer and star magazines. When you dump shit out on someones front yard sometimes they scoop it up and put it back on their yard. Remember this is the same org that just dumped the 'trump dossier' on the net. No vetting, nothing. They wanted to hurt trump. Not for the good of truth but to make themselves look good. When it was proven false they looked the fools and took CNN and NBC for the ride.
What has Thiel ever done?
I would say even with your example he gave many people the chance to see justice done for them. He gave them the ability to have their voice heard instead of crushed under a wave of another millionaires lawyers. They had a long trail of bodies laid behind them and they looking to be reverting back to their old ways with no remorse. They *will* be sued again for the same reasons.