Mark Zuckerberg, the founder and CEO of Facebook, has purchased more property in Hawaii, including the majority of a reservoir that unleashed a deadly flood 15 years ago.
Records show Zuckerberg’s Kaloko LLC bought a 110-acre (44.5-hectare) site on Kauai last month from a company owned by the Pflueger family. The purchase was for $17 million.
Included in the purchase is most of a reservoir that flooded in 2006 after a section of a dam burst following 40 days of near-constant rain — an incident that left seven people dead.
James Pflueger was held responsible for the deaths on the grounds of poor management of the dam. He was sentenced by a state judge to seven months in jail in 2014 and was released in 2015. He died in 2017 at the age of 91.
A spokesman for Zuckerbeg and his wife, Priscilla Chan, says the couple is committed to fulfilling all legal requirements and promoting the safety of the reservoir.
The reservoir remains unrepaired and is currently on the state’s list of high-risk dams.
According to LaBolt, Zuckerberg and Chan plan to extend farming, ranching, conservation and wildlife protection work on the land.
Prior to the purchase, they already owned 1,300 acres (526 hectares) on the island.
Zuckerbeg’s purchases of thousands of acres of American land is in line with other globalist actors and entities.
Fellow globalist tech billionaire Bill Gates is buying up U.S. farmland. In fact, the Microsoft founder is now the biggest private owner of farmland in America after purchasing 242,000 acres in 18 states.
According to the U.S. Department of Agriculture, in 2018 U.S. farmland totaled up to 899,500,000 acres, a number that had dropped by 870,000 acres from the year prior. If Gates is on a mission to own all America’s farmland, he’s already a large part of the way there. He now owns over 69,000 acres of Louisiana, almost 48,000 acres of Arkansas, and nearly 26,000 acres of Arizona, among other large holdings.
Eric O’Keefe of The Land Report noted the reasoning behind Gates’ land buyup. According to O’Keefe, the goal is investment diversity. As O’Keefe reports, in 1994, Gates hired an investment “manager to diversify the couple’s portfolio away from the Microsoft co-founder’s 45 percent stake in the technology giant.”
That effort led to the acquisition of vast holdings of land. In 2014, Gates’ land investments then totaled up to some 100,000 acres, a number that has now more than doubled.
China is also gaining ground in purchasing American real estate, land, farms, and food-production plants. Twelve Chinese investors have put $16 million into an aquaculture project on 100 acres in Fellsmere, Florida.
In Virginia, the Chinese bought Smithfield Foods and its 460 large farms and facilities in 26 states, employing tens of thousands of Americans.
Then there’s the threat of globalist corporations cornering the U.S. water supply. The Chicago Mercantile Exchange (CME) commodified water last year. In the year since the contracts began trading, participants in the market have traded about $1.1 billion worth of spot water, with each contract being equivalent to 10 acre-feet of water.
Critics of commoditization of water on the CME point to the futures market’s susceptibility to manipulation by banks. In November 2018, former JPMorgan precious-metals trader John Edmonds plead guilty to engaging in a six-year spoofing scheme that defrauded investors in gold, silver, platinum, and palladium futures contracts.
The water future trading led 139 organizations, including Food & Water Watch, to pen a letter to the Commodity Futures Trading Commission (CFTC) calling for the practice to be shut down.
While globalists such as Bill Gates and Mark Zuckerberg race to buy everything up, the global elites don’t want the common people owning anything. A video posted to social media by the World Economic Forum to promote their “Great Reset” program predicts that by 2030, “You’ll own nothing. And you’ll be happy.”
The “Great Reset” is not new. In his 1966 book Tragedy and Hope, Georgetown University historian Caroll Quigley, a mentor to former president Bill Clinton who was an ally of the global finance elites, detailed his friends’ ultimate aim:
“The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole,” Quigley explained. “This system was to be controlled in feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent and private meetings and conferences.”
The goal is to bring back feudalism, with the global oligarchs as lords and regular folk as the peasants. And we’re already terrifyingly close to it all becoming reality.