'Mystery company' buys land worth $800M near Travis AFB, raising concerns

Post by lazide » Fri, Jul 21, 2023, 6:22 PM UTC

barbazoo wrote: post #65

vegetablepotpie wrote: post #41

Earlier quoted context omitted.

You got to wonder if this is the PR component of a campaign to stop new energy development in the US. Another component is the political theater. Some municipalities are passing ordinances preventing Solar, for example, Eloy AZ would remove water rights to farmers who install solar on their property [1]. [1] https://www.pinalcentral.com/eloy_enterprise/commentary-tell...

Is this all part of the current "culture war" or why would you shoot yourself in the foot like this?

Post by thebooktocome » Fri, Jul 21, 2023, 6:23 PM UTC

gamblor956 wrote: post #51

costco wrote: post #29

https://opencorporates.com/companies/us_ca/201905210181 says a guy named Thomas Mather was a director. https://www.waterboards.ca.gov/centralvalley/board_decisions... is some government application by Flannery that also has his name on it. Looks like this was covered in 2019: https://www.thereporter.com/2019/07/05/large-rural-land-purc... If Mather is not the true owner, it would take the government five seconds to f…

Lawyers aren't allowed to identify their clients if the identities of their clients are unknown. It's part of attorney-client privilege. Skadden has made use of in the past to hide their work for Putin affiliates. It's the reason that Skadden is the largest firm by revenue despite the lackluster quality of their work. (For an example of how bad Skadden is at the practice of law, see the clusterfuck that is the Twitte…

Post by pugworthy » Fri, Jul 21, 2023, 6:23 PM UTC

vegetablepotpie wrote: post #41

jeffbee wrote: post #11

This is an incredibly silly story. Everything about this ownership is in public records. Flannery Assoc. has been openly buying land in this are for over 5 years and have spent over a billion dollars and sued dozens of parties. Everyone knows what they are doing. They want to lease the land for energy infrastructure.

You got to wonder if this is the PR component of a campaign to stop new energy development in the US. Another component is the political theater. Some municipalities are passing ordinances preventing Solar, for example, Eloy AZ would remove water rights to farmers who install solar on their property [1]. [1] https://www.pinalcentral.com/eloy_enterprise/commentary-tell...

Post by gowld » Fri, Jul 21, 2023, 6:23 PM UTC

ryandrake wrote: post #69

koolba wrote: post #58

Earlier quoted context omitted.

> And shouldn't you support having as much information be available as possible, Nope. And arbitrary or subjective standards like that are impossible to enforce anyway. > or do you want people to play games and try to hide info to raise prices on people? The example cited is the reverse with the price being lower than would be demanded if the seller knew the buyer had fat pockets. In either case, caveat emptor[1] (or…

Caveat emptor is a pretty terrible way to run a society. I'd argue if you deliberately misrepresent something as basic as who you are in a transaction in order to deceive your counterparty, that should be fraud.

Post by bravoetch » Fri, Jul 21, 2023, 6:26 PM UTC

diogocp wrote: post #67

numbsafari wrote: post #50

Earlier quoted context omitted.

Why should the sellers be shortchanged?

If the increase in value of the sellers' land is wholly due to Disney's development of its land nearby, the sellers would simply be benefiting from a positive externality created by Disney. Thus it would be Disney being shortchanged if it was unable to capture the value of that externality. From an efficiency standpoint it is also preferable for the developer to capture the value, as naturally that increases incentiv…