Activity

Recently, I viewed “A Surprising Little Labyrinth”, a 2016 Member Webinar. It concerned the Louisiana Purchase with a couple of the characters in ‘play’ being Andrew Jackson and Nicholas Biddle (these two are also key players in a book which many here may have read “The Creature from Jeckyll Island” that tells a historical tale of the Federal Reserve). What strikes me in both of these stories as well as the financial shenanigans and ongoing disaster capital ‘purchases’ of land today is that none of these transactions were really undertaken and ‘concluded’ on the up and up. That leaves an outstanding question of “Exactly who does own the land?” Logic would suggest it’s the Native American Indians; however, that would be disputed by many in the courts and by other means. Something tells me that what constitutes ‘ownership’ of land (and other asset classes) will be something re-determined in the not too distant future. If possession is 9/10ths of the law, that would suggest that those who physically occupy or physically possess a tangible asset would have the greater claim than those who only had a piece of paper stating that the asset belonged to them ‘by hook or by crook’. It’s also rather difficult to defend an asset from afar unless of course an ‘army’ is willing to defend it on your behalf and then the members of that ‘army’ would likely be asking themselves “If I’m defending your assets, who’s defending mine?”. More interesting times ahead in so many different directions – asset ownership being just one.