Larry Ellison mea culpa as traffic cop stops Big Red boss on own island What's the point of owning an island if you don't get to make the rules? That's the question Larry Ellison must be asking himself after he was apparently pulled over for running a stop sign and speeding on Lanai, the Hawaiian island he bought 98 percent of for $300 million in 2012. lanai Oracle billionaire Larry Ellison's …
In a fair system, his fine should be proportional to his income, like in Finland for instance.
He also complained that Ellison had a track record of annoying the local community.
He certainly has a tracked record from The Police!
----------> What he failed to do!
Does no one else find it weird, that you can buy an Island that already has inhabitants?
I mean I dont really mind when some billionaire spaffs the cash to buy some tiny uninhabited dot to build there luxury lair (volcano and evil minions optional). And then staffs it with people who are there servants. Those people get paid and can leave. But buying an island that's already got inhabitants? Well that feels just... ergghhh.
I presume it just means they buy the land that someone will sell to them and become the landlord for anyone who lives on that land. Note that although he owns the island it is still part of the US - it doesn't mean he gets to create his own country. Different legal systems handle property rights very differently so they may or may not get rights to have any impact on the renters, throw them out, change rents, etc.
For example, the arrangement may be like an English (no idea whether Wales, Scotland and NI are different) "leasehold", where the owner just receives a ground rent. Or something entirely different.
If it was the UK, I would assume the whole island had previously been owned by one person/company, except for 2% owned by public authorities (any public roads, maybe buildings like council offices & police stations, etc). And that nothing changes for the inhabitants except the name on the cheque they write for their rent.
"nothing changes for the inhabitants except the name on the cheque they write for their rent..."
That is NOT true for the residents of Lanai unfortunately: Larry Ellison is interfering in their private lives and using hia power as landlord and owner of almost every business on the island to do so.
https://www.bloomberg.com/graphics/2022-oracle-larry-ellison-lanai-hawaii-plans-tourism/#xj4y7vzkg
Nope, there are rules and even at pleb level you can get them enforced. You might end up with your rental contract being terminated, though.
In the UK, for instance, you have the concept of "quiet enjoyment" which means that a landlord has no right of entry without your explicit permission as long as you pay your rent (and even if you don't it'll take a while to get a court order which has been a major issue for the folks who bought to rent). If he or she does it anyway it's treated the same as a burglary. That said, I have yet to rent a place and not immediately update the locks. Most landlords know squat about locking technology so you tend to find locks that could get bumped by a 12 year old, or cylinders that can get easily pulled and I'm kinda picky that way..
He bought the 98% of it people were willing to sell (probably all pineapple plantations)
He can't make people sell their property, or purchase public land like government buildings for police stations, etc. Though he's got enough money he could probably make an offer for the remaining 2% at 10x market value with the sale is contingent on everyone agreeing to it. If there was even one holdout then the offer is void.
>He can't make people sell their property, or purchase public land like government buildings for police stations, etc.
Government is actually pretty cheap. Once you have that then 'eminent domain' fixes any other problems.
What doesn't make a whole lot of sense is that outside Oahu (the island with Honolulu on it) there's nowhere in Hawaii you can drive a Corvette (if you want to get it out of second gear, that is). Even on that island there's only one short bit of freeway.
What doesn't make a whole lot of sense is that outside Oahu (the island with Honolulu on it) there's nowhere in Hawaii you can drive a Corvette (if you want to get it out of second gear, that is). Even on that island there's only one short bit of freeway.
Oh, I don't know. Maybe with a lot more air in the tyres you can extend that run for quite a few miles? They seem to be able to do that quite well in Iceland..
:)
Can only be used for a purpose that's in the public interest.
So a government can use it to condemn houses to build a new road, and in some cases a private business can use it (via the government, who alone holds that power) to e.g. build a pipeline that will benefit consumers / the economy / national security / whatever.
I've never heard of nor can I imagine eminent domain being used by a private citizen. There's not much public good associated with "one rich guy won't have to worry about speeding tickets anymore".
(Not good about speeding and running a stop sign, or the other stuff mentioned in the article.) I wish more people had this attitude - "yep, I messed up, no excuse". Make sure to follow it up with actually doing better in the future.
Also, very good of the officer to not let him go based on who he was. These laws are there to protect people, and being rich and famous doesn't (ok, shouldn't) excuse or protect them.
What, so you're saying US traffic stops of black people escalate to police shooting people more often than traffic stops of white people?
Well then I guess you've been watching the data.
Expect to be downvoted by people who hate evidence.
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Obviously now that there is this evidence that he has breached the licensing agreement by not complying with the terms and conditions, or, as they are more commonly known, traffic laws, he will need to be subject to frequent licensing audits in the future, just as a precautionary measure, of course… What goes around, comes around. Perhaps being restricted to a safe speed and required to have a man with a red flag walk ahead of his car?
Of course it is. After all, the rich represent under 1% of world population, a drop in the ocean when you think about resource usage.
The rest of 99%? Fuck them, bread, water and walking should be enough. Back to the mines, slaves.
BTW, I hope Greta and all her ilk walk/ride animals/sail to their important eco-crap meetings.
"BTW, I hope Greta and all her ilk walk/ride animals/sail to their important eco-crap meetings."
Nope, it's private planes all the way, one green weenie per plane, at vacation destinations around the world. From there it's V8 powered stretch limos to get around, again one per occupant.
And this is why their claims are not taken seriously - if they truly believed the shite they're shoveling they'd be doing their confereces online from their homes, which would all be at least 1000ft above sea level. A Zoom conference produces almost no greenhouse gases compared to a fleet of Lear jets converging on remote locations.
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