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Facebook’s Zuckerberg sues to force land sales

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Re: Facebook’s Zuckerberg sues to force land sales

#81

Post by xyzzy4 »

twelvechairs wrote: post #35
snogglethorpe wrote: post #5

Earlier quoted context omitted.

Why should it matter how they use the land? If they want to use it purely to irritate Zuckerberg, that's their business.

To take the discussion a little wider - land is a finite and productive resource unlike almost all other property. History is full of land reappropriation when it falls into ineffiecent use - whether as goverened as such or through violence when governments fail to do so. As a simple premise governments shouldnt allow land to remain significantly underutilised

Well that depends if your ideal society is one that optimizes for rights or one that optimizes for good land use.

Re: Facebook’s Zuckerberg sues to force land sales

#82

Post by olalonde »

_m8fo wrote: post #47

Is there a historical precedent for those above the peasants, but still below the king, to constantly rationalize and serve as king apologists? I notice an interesting trend with a large chunk of the discussion being centered towards why [rich person's] [behavior] is not [as bad] as you think. Maybe it's because the king enables those above the peasants to retain that position? It's really interesting, actually. Kind…

I think it's more of a knee jerk reaction to the "wealthy people are evil" narrative that is quite common in the media. Some people just read the headline and immediately assume it's another instance of this, whether they are right or wrong.

Personally, this kind of article doesn't "gratify my intellectual curiosity" and I don't think it belongs on HN.

Re: Facebook’s Zuckerberg sues to force land sales

#83

Post by fweespeech »

explainthisth wrote: post #63
_m8fo wrote: post #47

Is there a historical precedent for those above the peasants, but still below the king, to constantly rationalize and serve as king apologists? I notice an interesting trend with a large chunk of the discussion being centered towards why [rich person's] [behavior] is not [as bad] as you think. Maybe it's because the king enables those above the peasants to retain that position? It's really interesting, actually. Kind…

While we're being condescending, it seems like some people have Zuckerberg derangement syndrome. Guess Aaron Sorkin's quasi-fictional biopic was effective. I don't see how anyone who reads this article will think Zuckerberg is hurting anybody. A bunch of people who previously owned useless fractional shares are going to get some cash.

The "fair price" is what the current owner is willing to sell it for and not the price set an auction where only Zuckerberg and the original owner would be willing to bid.

This is basically employing eminent domain to strength Zuckerberg's little fiefdom.

Re: Facebook’s Zuckerberg sues to force land sales

#84

Post by snowpanda »

_m8fo wrote: post #47

Is there a historical precedent for those above the peasants, but still below the king, to constantly rationalize and serve as king apologists? I notice an interesting trend with a large chunk of the discussion being centered towards why [rich person's] [behavior] is not [as bad] as you think. Maybe it's because the king enables those above the peasants to retain that position? It's really interesting, actually. Kind…

>I notice an interesting trend with a large chunk of the discussion being centered towards why [rich person's] [behavior] is not [as bad] as you think.

As opposed to inherently thinking anything rich people do must be evil? And that all your problems are caused by the "1%" ?

Maybe most people just take responsibility for their own lives and their finances.

Re: Facebook’s Zuckerberg sues to force land sales

#85

Post by ktRolster »

the Facebook CEO is trying to enhance the seclusion of his property by filing several lawsuits aimed at forcing these families to sell their land at a public court auction to the highest bidder.

With a friend, you could really push up the price and make a ton of money.

Re: Facebook’s Zuckerberg sues to force land sales

#86

Post by xyzzy4 »

enraged_camel wrote: post #13

>>Now the Facebook CEO is trying to enhance the seclusion of his property by filing several lawsuits aimed at forcing these families to sell their land at a public court auction to the highest bidder. Wait, I thought only the government could force the sale of a piece of land, via Eminent Domain? How can a judge rule that a private party must sell their property to another private party?

>How can a judge rule that a private party must sell their property to another private party?

If the law says you can do it, and nothing in the state or federal constitution prevents it, then why not?

Re: Facebook’s Zuckerberg sues to force land sales

#87

Post by refurb »

cooper12 wrote: post #77
ryandrake wrote: post #76

Earlier quoted context omitted.

An old article, I'd like to see the results today now that America has gone through the latest recessions. But from 2003, "Nineteen percent of Americans say they are in the richest 1 percent and a further 20 percent expect to be someday." [1] 1: http://www.nytimes.com/2003/01/12/opinion/the-triumph-of-hop...

Wow thanks for sharing. I'm glad to see that an apocryphal quote can have a source backing it up empirically.

Would you rather have 0% ever thinking they'll be rich? That sounds like a terrible place to live.

Re: Facebook’s Zuckerberg sues to force land sales

#88

Post by dbjacobs »

Here is my IANAL understanding. If multiple people own a property all it takes is one person who wants to sell and they can force a partition sale.

So my guess is Zuckerberg is using the quiet title suit to get the names of all the players. He then just needs to get enough of the fractional owners of each property on board and he can then pay the legal fees to help them with their partition actions and then purchase the properties and clear his title.

Re: Facebook’s Zuckerberg sues to force land sales

#89

Post by TaylorAlexander »

explainthisth wrote: post #63
_m8fo wrote: post #47

Is there a historical precedent for those above the peasants, but still below the king, to constantly rationalize and serve as king apologists? I notice an interesting trend with a large chunk of the discussion being centered towards why [rich person's] [behavior] is not [as bad] as you think. Maybe it's because the king enables those above the peasants to retain that position? It's really interesting, actually. Kind…

While we're being condescending, it seems like some people have Zuckerberg derangement syndrome. Guess Aaron Sorkin's quasi-fictional biopic was effective. I don't see how anyone who reads this article will think Zuckerberg is hurting anybody. A bunch of people who previously owned useless fractional shares are going to get some cash.

It's a perfectly rational thing for Zuckerberg to do.

It is also absolutely a case of an ultra elite (basically a "king" of today) white man is availing himself of state (ultimately, military) support to force native Hawaiian people off their lands.

You made an error in your comment. You said their shares were useless. Clearly, they have a use to the individuals in question - both the natives and Zuckerberg.

Re: Facebook’s Zuckerberg sues to force land sales

#90

Post by hueving »

abtinf wrote: post #50

It is clear that almost no one commenting here has actually read past the first few paragraphs of the article (if that). It is very well written and explain that this is an extremely complex issue. Property rights are the foundation of civil society. Due to variety of factors, Hawaii has destroyed property rights on some parcels due to degenerate laws and legal customs. Just consider one point raised by the article:…

Why would anyone read the article when they can take the opportunity to bash the rich?
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