Index Investing News
Thursday, March 30, 2023
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

Goldberg: Why is Peter Thiel buying a Maltese passport?

by Index Investing News
October 18, 2022
in Opinion
Reading Time: 4 mins read
A A
0
Home Opinion
Share on FacebookShare on Twitter



“The elites plunder this country and then blame us for it in the process,” J.D. Vance, Republican candidate for the U.S. Senate, declared when he announced his bid for the seat from Ohio.

Elsewhere, he’s insisted that America faces a stark choice. “We can have an American republic or a global oligarchy, and it’s time for choosing.”

Blake Masters, Arizona’s Republican Senate candidate, shares a similar worldview. In his victory speech after winning the GOP nomination in August he said that a liberal cabal runs the “newspapers and television and schools and universities — and you better believe they control Big Tech, too.” In an earlier interview, he explained that progressives not only hate America and Americans who disagree with them, but also the “very idea of a sovereign nation.” If their view “takes root and becomes universal,” this “globalist ideology,” he said, will lead to a “One World State, call it ‘Global Communism.’” He added, “So in my view that ideology is a pretty good candidate for the Antichrist.”

These men have much in common ideologically and politically. They also share a patron: Peter Thiel, the billionaire tech entrepreneur and investor who co-founded PayPal and provided the first outside investment in Facebook. Indeed, both worked for Thiel before getting into politics, with Thiel’s financial support.

On Friday, the New York Times reported that Thiel is in the process of buying a Maltese passport. If successful, Malta will be the fourth country Thiel can claim citizenship in. Born in Germany, he has dual U.S. and German citizenship. In 2011, he acquired a New Zealand passport. In his application, he wrote that there is “no other country that aligns more with my view of the future than New Zealand.” Take that Americans, Germans and Maltese.

Thiel is also a big champion of “seasteading,” the intriguing project of building artificial island-cities in international waters that would be sovereign nations outside the existing global order. If successful, such floating principalities would finally take the phrase “rootless cosmopolitans” from the figurative to the literal.

Defenders and critics alike believe that Thiel, a master of portfolio management, is simply hedging his bets. If the globalist progressive antichrists win here, he’s got someplace to go. As the New York Times notes, the uber-rich buy Maltese passports as a “hedge against social or political turmoil at home.”

While I don’t think much of this can be fairly described as particularly “patriotic,” I’d normally say that’s fine.

Yet there’s just something weird about a billionaire libertarian with multiple passports — and a work-in-progress billet on a floating city — who made his money in Big Tech funding “nationalist” candidates who rail against globalist elites.

But what really bothers me about Thiel’s approach to American politics isn’t hypocrisy, it’s the technocratic arrogance of it all. Like a lot of Silicon Valley billionaire capitalists, he thinks there’s a transitive property to his brilliance that makes him smarter about politics than everyone else, despite the fact that he’s repeatedly misread the data. He sees politics — and even nationality — as an engineering puzzle that can be solved with clever hacks. Specifically, all you have to do is fuel populist hysteria on the right.

If you clear away the bull of Vance‘s and Masters’ rhetoric (bring a shovel), the basic argument is that “elites” are a monolithic bloc of overlords. Never mind that both Masters (who has a bachelor’s and a law degree from Stanford) and Vance (a law degree from Yale) are elites by any objective definition and Thiel is a member of the Olympian elite. Of course, nearly all the Republican politicians — and some Democrats — who attack elites are elites, too. What these politicians really mean is that they want to be the elites running things.

Of course, politics is always and everywhere a contest between elites for power and influence. What’s annoying about Thiel’s approach is that he finds it necessary to back ideas he doesn’t actually support — or live by — in a cynical bid for power.

Thiel wants an escape plan if America falls apart, threatening his wealth — most of which is in an ingeniously structured Roth IRA. Well, Vance has taken the position that the U.S. government should “seize the assets” of ideological enemies that lawfully exploit tax laws to amass wealth. Bizarrely, Vance seems to think such an unconstitutional idea would never be weaponized against ideological friends when the antichrists are in charge. Masters opposes gay marriage, but not so much that he declined an invitation to attend Thiel’s wedding.

Maybe if Thiel patriotically resigned himself to living in this country even if the heavens should fall, he’d do better due diligence to protect his actual interests.

@JonahDispatch





Source link

Tags: BuyingGoldbergMaltesepassportPeterThiel
ShareTweetShareShare
Previous Post

Clean Water Act 50 years later

Next Post

Dominic Calvert-Lewin told to deliver for Everton before thinking about England

Related Posts

The UFT should stop trying to close excellent public schools

by Index Investing News
March 29, 2023
0

Relentless in its war on public charter schools, the United Federation of Teachers is suing to evict two Success Academy...

Help cities adopt a robust action plan to tackle waste

by Index Investing News
March 29, 2023
0

The world is facing a waste crisis. Unsustainable consumption and production patterns are worsening the triple planetary disasters of the...

Trump supporters latch on to his narcissism

by Index Investing News
March 29, 2023
0

I’m not much of a psychologist. Although like so many others, I did take courses in college that gave me...

Why India’s ranking on the World Happiness Index rankles

by Index Investing News
March 29, 2023
0

Most governments use variations on GDP, or per-capita GDP, to estimate people’s collective satisfaction. But this is an imperfect tool...

Governance By Artificial Intelligence: The Ultimate Unaccountable Tyranny

by Index Investing News
March 29, 2023
0

Authored by Brandon Smith via Alt-Market.us,It’s no secret that globalist institutions are obsessed with Artificial Intelligence as some kind of...

Next Post

Dominic Calvert-Lewin told to deliver for Everton before thinking about England

Hutong Cat | A scripted Communist congress, and two red banners of protest

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

Stocks Always Bottom Before the Economy Does

October 25, 2022

Five-Star Business Finance raises Rs 588 crore from anchor investors ahead of IPO launch on Nov 9

November 7, 2022

Ben Affleck Tries Badly To Explain How He Wasn’t ‘Blaming’ Ex Jennifer Garner For His Alcoholism

March 17, 2023

Candace Cameron Bure Unfollows Jodie Sweetin After Full House Co-Star Shaded Her Over Her ‘Traditional Marriage’ Comments!

November 27, 2022

What India can learn from British politics

October 29, 2022

Plunk To Provide Mobile Valuation Smarts To California-Based The MLS

October 30, 2022

This Week on TRB – The Reformed Dealer

July 4, 2022

How you can Make a Dwelling Stock for Insurance coverage Claims

June 4, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In