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You are here: Home / Take a good hard look

Take a good hard look

by DougJ|  January 23, 20118:22 pm| 98 Comments

This post is in: Going Galt

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Ah, the primal scent of wealth.

The staggering 155m Streets of Monaco yacht is expected to cost over $1.1 billion to build and is modelled on a section of Monte Carlo.

Currently in the design stage, the super-ship will feature smaller versions of the state’s famous landmarks such as the Monte Carlo Casino and racetrack, as well as swimming pools, tennis courts, a cinema, a go kart track and a Hotel de Paris.

There’s no news about a potential buyer yet. Whoever it is, I hope he gets a tax break soon.

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Reader Interactions

98Comments

  1. 1.

    Comrade Kevin

    January 23, 2011 at 8:27 pm

    Guess they couldn’t get a building permit in Vegas.

  2. 2.

    Omnes Omnibus

    January 23, 2011 at 8:28 pm

    This is possibly the tackiest thing I have ever seen.*

    (*) Note: I have never been to Branson.

  3. 3.

    Meanderthal

    January 23, 2011 at 8:29 pm

    I know it’s wrong of me, but that really makes me want to start rooting for the Somali pirates.

  4. 4.

    Hunter Gathers

    January 23, 2011 at 8:31 pm

    At long last, our permanently aggrieved Galtian overlords now have their own floating palace. Hopefully, they’ll be able to soothe their damaged egos and fuck their high priced hookers in peace and luxury.

  5. 5.

    ploeg

    January 23, 2011 at 8:35 pm

    And the punchline is, the owner goes belly-up and it gets bought by Carnival Cruise Lines.

  6. 6.

    Comrade Luke

    January 23, 2011 at 8:36 pm

    @ploeg: I predict it gets built and it goes down in a mysterious fire, reimbursing either the company that couldn’t sell it or the buying that couldn’t afford it.

  7. 7.

    jeff

    January 23, 2011 at 8:36 pm

    It probably also has roughly the carbon footprint of Delaware. That’s the ugliest fucking thing I’ve ever seen.

    Titans of industry used to compete at Newport with 40 foot sailing vessels.

  8. 8.

    Ija

    January 23, 2011 at 8:38 pm

    But you’re not thinking about all those people who got jobs building this yacht, most of them probably making minimum wage. When the rich consumes, we all benefit. It’s a massive job-creation scheme. Better than anything the government has ever come up with. Tax break? Heck, the government should pay the owner for creating jobs for the economy. That’s the least the job-killing Obama administration could do.

  9. 9.

    adolphus

    January 23, 2011 at 8:39 pm

    But just think of the jobs it’ll create!

  10. 10.

    J

    January 23, 2011 at 8:39 pm

    Off topic, but connoisseurs of cretinism, smugness and baroque combinations thereof will not want to miss Douthat’s latest, which scales new peaks or plumbs new depths, depending on how one looks at it.

    http://douthat.blogs.nytimes.com/2011/01/20/michael-kinsleys-utopianism/

  11. 11.

    Thoughtful Black Co-Citizen

    January 23, 2011 at 8:43 pm

    Sounds like a plot for a cheesy SciFi channel movie.

    You could have nasty critters (mutants, natch) eating everyone aboard. Or you could have the restless ghosts of people who died making the boat eating everyone on board. And there are always aliens.

  12. 12.

    gnomedad

    January 23, 2011 at 8:46 pm

    They can put it in a private late exactly big enough to hold the damn thing, and then the absurdity will be complete.

  13. 13.

    Omnes Omnibus

    January 23, 2011 at 8:47 pm

    @jeff: Taste seems to have died around the same time noblesse oblige was strangled in its sleep.

  14. 14.

    Ija

    January 23, 2011 at 8:49 pm

    @J:

    You are a masochist for reading his blog. I applaud you, sir/madam. I usually confine myself to the column where he blames poor white women for getting abortions instead of serving as baby factories for rich white couples, or how blue America might have lower divorce rates and fewer teenage marriages, but that’s only because they are sinful baby killers who will go to hell.

  15. 15.

    Zifnab

    January 23, 2011 at 8:49 pm

    There’s no news about a potential buyer yet. Whoever it is, I hope he gets a tax break soon.

    They could name it the Gulch.
    Maybe it could be filled with banks, serving as an alternative to the increasingly less secure Cayman and Switzerland accounts.

  16. 16.

    MonkeyBoy

    January 23, 2011 at 8:51 pm

    Looks like Disneyland.

  17. 17.

    Tom Levenson

    January 23, 2011 at 8:54 pm

    how in hell do you spend 1.1. billion on a yacht, no matter how tacky?

    According to Rand (PDF, google — no direct linky) you could buy a gudied missile destroyer for that in 2005 — and while that’s still astonishing, at least you get some pretty amazine electronics and ordinance for that coin. A billionaire’s toy does not require the tools required to drop a really bad day at dozens of miles distance within in ten foot radius.

    Seriously — is the sucker powered by unicorn sweat?

  18. 18.

    Mark S.

    January 23, 2011 at 8:55 pm

    I don’t know much about ships, but does that thing look very stable? It looks like it would capsize in a storm cause it’s so freaking top-heavy.

    And it ain’t a cruise ship (it’s only got seven rooms). This is for a billionaire and his friends.

  19. 19.

    handy

    January 23, 2011 at 8:56 pm

    @MonkeyBoy:

    I would rather own Disneyland than that.

  20. 20.

    Omnes Omnibus

    January 23, 2011 at 8:57 pm

    @Tom Levenson:

    how in hell do you spend 1.1. billion on a yacht, no matter how tacky?

    To show that you can.

  21. 21.

    S. cerevisiae

    January 23, 2011 at 8:57 pm

    As someone who appreciates a fine looking boat, that thing is a horror. I am rooting for a hurricane if such an unseaworthy monstrosity is ever built.

  22. 22.

    Thoughtful Black Co-Citizen

    January 23, 2011 at 8:58 pm

    Crowding won’t be a problem.

    The one-of a kind ship could be home to 16 guests and 70 crew with the main apartment spread over three floors and 445 sq m.

    To be fair this is still in the design stage. Sometimes known as the “Now that we have your attention…” stage.

    The company – Yacht Island Design – doesn’t appear to have a web site beyond a page, the company name, the address and Coming Soon.

  23. 23.

    Omnes Omnibus

    January 23, 2011 at 9:01 pm

    @Mark S.: Looks like it might be a catamaran, but I would foresee problems on anything but a glass smooth sea.

  24. 24.

    4tehlulz

    January 23, 2011 at 9:02 pm

    I look forward to the moment this gets jacked by Somali pirates.

  25. 25.

    freelancer

    January 23, 2011 at 9:02 pm

    So this is what Gob’s Fuck City would look like…

  26. 26.

    MikeJ

    January 23, 2011 at 9:03 pm

    @Tom Levenson: A Gerald Ford class carrier (yes, that’s the name for the next gen US carriers) cost $8 billion without planes.

    To be fair, that includes $5B for R&D, so call it $3B a pop. There are ten planned.

  27. 27.

    somethingblue

    January 23, 2011 at 9:03 pm

    Doug, when you say you “hope” the potential buyer gets a tax break, you’re already contributing to the crushing sense of uncertainty that holds Potential Buyer in a constant state of anxious paralysis (“Should I create jobs? But … what if I don’t get a tax break? But …? Or …? But if …? And … But …?”)

    I for one, am ABSOLUTELY CERTAIN that Potential Buyer will get a tax break. (And that our pragmatic, centrist President is the man to give it to him!)

  28. 28.

    scav

    January 23, 2011 at 9:05 pm

    and some days, you just have to root for the pirates. then again, nobody with that shit probably has friends that would pay the ransom.

  29. 29.

    Litlebritdifrnt

    January 23, 2011 at 9:06 pm

    @Tom Levenson: Easy you feel you are entitled to that shit. I had a boss once, and I tell no lie, who was wearing a 10K Rolex watch on her wrist (she was an attorney), on one particular Thursday morning we had a UPS shipment arrive which was a bunch of shoes she had bought while in Charlston, it was about 5K worth of shoes. That Friday she said she couldn’t pay us. She spent 5K on shoes and she couldn’t come up with the money for my $500.00 paycheck. I walked. As one of my co-workers said “if you can’t pay me on Friday then tell me on Monday, so I can take my pocket book home and spend the week in bed”

  30. 30.

    SP

    January 23, 2011 at 9:06 pm

    The lifeboats themselves are fucking Yachts. Because, you know, you wouldn’t want to be uncomfortable if you’re about to die and pay some sweet sweet estate tax.

  31. 31.

    Gozer

    January 23, 2011 at 9:07 pm

    I hope it hits a mine and sinks or something…isn’t this the kind of thing that some SEALs can sabotage?

  32. 32.

    Mike S

    January 23, 2011 at 9:09 pm

    I think this one is much more practical

  33. 33.

    jeff

    January 23, 2011 at 9:11 pm

    @somethingblue:

    Here, here! Indeed, this is my ex-boss’s boat, and it’s getting pretty old, too. I’m sure he’s doing God’s work, if God is a dipshit pedophile asswipe with delusions of grandeur.

    No wonder I was laid off! My $38,000 salary costs about 30 minutes of diesel fuel.

  34. 34.

    Mike S

    January 23, 2011 at 9:11 pm

    I think this one is much more tasteful and practical

  35. 35.

    The Raven

    January 23, 2011 at 9:12 pm

    Heee. I’ve seen this one.

  36. 36.

    Chad N Freude

    January 23, 2011 at 9:14 pm

    From What appears to be the original report

    The ship will exceed the $1 billion price tag reportedly paid by Roman Abramovich for his Eclipse yacht.

    The Eclipse yacht can be seen here.

    The guys at Goldman Sachs better get on the stick. They’re falling behind.

  37. 37.

    Certified Mutant Enemy

    January 23, 2011 at 9:14 pm

    That “yacht” would be a bitch to handle when there’s any sort of wind…

  38. 38.

    jeff

    January 23, 2011 at 9:18 pm

    @jeff:

    I cannot do links, apparently, but I was trying to link to Barry Diller’s boat. Those with more prurient interests will easily find Barry’s Boy-Toys on Google.

    http://www.hauteliving.com/2009/12/barry-diller%E2%80%99s-100-million-sailing-yacht/

  39. 39.

    Certified Mutant Enemy

    January 23, 2011 at 9:20 pm

    @Mark S.: And it ain’t a cruise ship (it’s only got seven rooms). This is for a billionaire and his friends.

    Here’s Larry Ellison’s yacht (David Geffen is a co-owner). “Only” $200 million.

  40. 40.

    Alex S.

    January 23, 2011 at 9:22 pm

    Why tax breaks? This will be its own tax haven, just like Monaco itself.

  41. 41.

    Chad N Freude

    January 23, 2011 at 9:22 pm

    @Omnes Omnibus: It has been replaced by modeste oblige.

  42. 42.

    Allan

    January 23, 2011 at 9:26 pm

    Are we sure this isn’t a Bruce McCall?

  43. 43.

    gbear

    January 23, 2011 at 9:27 pm

    @Tom Levenson:

    you could buy a gudied missile destroyer for that in 2005

    I’d buy the guided missle destroyer just for the joy of firing one of the missles into that yacht.

  44. 44.

    Omnes Omnibus

    January 23, 2011 at 9:32 pm

    @gbear: FTW

  45. 45.

    Viva BrisVegas

    January 23, 2011 at 9:35 pm

    This floating palace thing is so First Century. The Emperor Caligula has already been there and done it on Lake Nemi.

    Caligula, now there was a guy who knew how to party. The old fashioned kind of Galtian overlord who you could really look up to and admire. If you knew what was good for you.

  46. 46.

    jeff

    January 23, 2011 at 9:39 pm

    So nobody on the Libertarian/Conservative side has a problem with individuals accumulating GDP levels of personal wealth?

    Does anyone wonder whether it is problematic for a single person to control more capital than most nations? Can we even ask?

    I was talking to my grandmother, and she said something pretty cool: “if you’re making $100K, you’ve done well; it you’re making $1Million, you’ve done something wrong.

    This is from a 90 year old Alabama well-off woman!

  47. 47.

    jinxtigr

    January 23, 2011 at 9:41 pm

    I’m sorry, this is just so inefficient.

    No matter HOW fat the owner is, eating him cannot possibly feed as many people as a billion dollars worth of, say, grain :D

    It’s the inefficiency of agriculture writ large!

  48. 48.

    PeakVT

    January 23, 2011 at 9:43 pm

    It won’t be built. It’s just a PR stunt to get people to notice the design firm.

  49. 49.

    morzer

    January 23, 2011 at 9:53 pm

    Just imagine Sarah Palin waking up and screaming:

    “I can see Monte Carlo from my house!”

  50. 50.

    Omnes Omnibus

    January 23, 2011 at 9:55 pm

    @PeakVT: I would not buy from the kind of firm that would design something like this.

  51. 51.

    Alison

    January 23, 2011 at 9:59 pm

    Good lordy. That’s just…gross. And call me a freaking soshulist but all I can think about is all the food and clothing and shelter and all that pansy stuff that much money could provide.

    I don’t begrudge people some fun but FFS, if you can afford something like that you better be giving money away to others like it was your fucking job, too. Grrr.

  52. 52.

    RossInDetroit

    January 23, 2011 at 10:07 pm

    I can see how this came about. Some megawealthy dude goes to Monaco and likes it. Wants to buy it but they say Monaco’s not for sale. “FINE!” he says. “I’ll make my OWN Monaco and it’ll be ten times better than yours and it’ll be a boat and I’ll sail it here and dock my Monaco in your stinking Monaco harbor and never set foot in your pathetic country again.”

    Or that’s how it is in my head.

  53. 53.

    Martin

    January 23, 2011 at 10:08 pm

    Pff. A real Monte Carlo yacht would have a F1 and a WRC race on it.

  54. 54.

    Tom Levenson

    January 23, 2011 at 10:11 pm

    @gbear: Exactly my thought. Unchristian, I’ll admit, but then I’m not of that confession.

  55. 55.

    Tom Levenson

    January 23, 2011 at 10:16 pm

    @MikeJ: Does that mean the damn thing will yaw or pitch every time the conn officer chews gum?

  56. 56.

    PIGL

    January 23, 2011 at 10:18 pm

    If we start our fund today, we’d be able to buy a exocet missile and accessories by the time this puppy is launched. Here’s my plan.

    We wait for its first encounter with moderately heavy seas, then fire. As the life-yachts are lowered into the burning seas, we deploy the mines. Five minutes later, when the Galtian overlords are franticly endeavouring to save themselves by clambering on the shoulders of their drowning mistresses and leather-slaves, we release the sharks.

  57. 57.

    srv

    January 23, 2011 at 10:19 pm

    There are some absolute steals in the Super Yacht industry right now:

    http://www.superyachttimes.com/sale

  58. 58.

    Thoughtful Black Co-Citizen

    January 23, 2011 at 10:19 pm

    @Litlebritdifrnt: I salute your restraint. There are just so many layers of wrong in that story I don’t know where to begin. And really, I don’t care if she was wearing a watch she got out of a bubblegum machine and had been on a $10 spree at the local $ store, you don’t just tell your employees “Whoops, no money!”

  59. 59.

    PIGL

    January 23, 2011 at 10:22 pm

    @Certified Mutant Enemy: This is pretty disgusting, and proves he has way more money than ever he had brains. But at least it looks like a sea-worthy ocean-going vessel. Not a disgrace and an embarrassment, the hiss of the maritime world, the very ne-plus-ultra of arriviste oppulence and insecurity.

  60. 60.

    Ivan Ivanovich Renko

    January 23, 2011 at 10:24 pm

    “Take a good hard look at the motherfuckin’ boat!”

  61. 61.

    Tom Levenson

    January 23, 2011 at 10:26 pm

    @srv: You know, this one wouldn’t be that bad…Just sayin.

  62. 62.

    morzer

    January 23, 2011 at 10:27 pm

    @PIGL:

    Sea bass with frickin’ laser beams, thank you very frickin’ much.

  63. 63.

    trixie larue

    January 23, 2011 at 10:31 pm

    Well, they’ll have to have a health facility for the illnesses so prone to living, breeding cruise ships. And, then, of course there is the crime, jail, court facilities to deal with the riffraff that ride these boats with no regard for others’ discomfort. Eew!

  64. 64.

    PIGL

    January 23, 2011 at 10:31 pm

    @morzer: I’ll accept this revision if I can also stipulate subtropical seas swarming with large rutting box-jellies.

  65. 65.

    morzer

    January 23, 2011 at 10:33 pm

    @PIGL:

    Suits me. They can have laser beams too, if you like.

  66. 66.

    PIGL

    January 23, 2011 at 10:35 pm

    @Ivan Ivanovich Renko: thanks for the crowning glory of my weekend…which rilly needed one.

  67. 67.

    srv

    January 23, 2011 at 10:36 pm

    @Certified Mutant Enemy: Larry sold his share of Rising Sun and is building something smaller. He couldn’t keep up with the Russians.

  68. 68.

    RossInDetroit

    January 23, 2011 at 10:36 pm

    @Ivan Ivanovich Renko:

    That was superb, sir.

  69. 69.

    gbear

    January 23, 2011 at 10:38 pm

    @Tom Levenson: Did you notice that one had a 4,300 gallon fuel tank? What’s deisel fuel now – $3.50/gallon? That’s $15,000 just to fill-er-up.

  70. 70.

    PIGL

    January 23, 2011 at 10:38 pm

    @Ivan Ivanovich Renko:

    A more modest, green coloured craft.

  71. 71.

    RossInDetroit

    January 23, 2011 at 10:42 pm

    @gbear:

    It’s worse than that. Dock gas for ordinary boats has been over $4 for some time. My dad’s boat gets a little over 1 (one) MPG, so I hear about this a lot…

  72. 72.

    PIGL

    January 23, 2011 at 10:44 pm

    @morzer: Box jellies are plenty horrible out of the box, and have the (dis)advantage of being real. Also, easily trapped in large quantities, an important part of my plan.

  73. 73.

    srv

    January 23, 2011 at 10:47 pm

    @Tom Levenson: I’ll get this one and we can race.

  74. 74.

    Viva BrisVegas

    January 23, 2011 at 10:51 pm

    @gbear:

    That’s $15,000 just to fill-er-up.

    What’s that? The cost of two or three Congressmen? Small change.

  75. 75.

    gbear

    January 23, 2011 at 10:54 pm

    @Viva BrisVegas: Yea, but the Congressmen will last you for two years.

  76. 76.

    Xenos

    January 23, 2011 at 10:54 pm

    @Litlebritdifrnt: That scenario, where someone retains employees under false pretenses but can’t afford to pay them, can be a serious issue of criminal law. Maybe not in your southern state (Georgia?), but in Mass. or NY a phone call to the AG would get that lawyer into a world of trouble.

  77. 77.

    catdevotee

    January 23, 2011 at 11:00 pm

    @PeakVT: I would guess you are exactly right.

  78. 78.

    Thoughtful Black Co-Citizen

    January 23, 2011 at 11:01 pm

    @PIGL: Nice swimming pool you have here. Be a shame if something nasty got in it.

  79. 79.

    Tom Levenson

    January 23, 2011 at 11:03 pm

    @srv: You’re on. You’ve the more modern rig, but the dowager has the lines.

  80. 80.

    RossInDetroit

    January 23, 2011 at 11:09 pm

    Another reason we need a modern W. F. Buckley. At least he had good taste in watercraft.

  81. 81.

    PIGL

    January 23, 2011 at 11:09 pm

    @Thoughtful Black Co-Citizen: you are eviller than me.

  82. 82.

    Scamp Dog

    January 23, 2011 at 11:16 pm

    @J: Actually, that column wasn’t too horrible. While there’s little actual information in it, it’s not cluttered by wrongness, either. I’m sure he’ll be back to his usual nonsense next time around, though.

  83. 83.

    celticdragonchick

    January 23, 2011 at 11:33 pm

    I hate to say it, but that thing looks like a great target for a couple of Harpoon anti ship missiles.

  84. 84.

    RossInDetroit

    January 23, 2011 at 11:43 pm

    @celticdragonchick:
    How terribly uncivil. Prepare to be called before the Blogger Ethics Panel.

  85. 85.

    wes

    January 23, 2011 at 11:53 pm

    bioshock 4?

  86. 86.

    barkleyg

    January 24, 2011 at 1:13 am

    Sounds like the rich of 2011 are picking this “emperor has no clothes” ship as replacing cocaine in the 90’s as the way for rich people to GO BROKE !

  87. 87.

    Dollared

    January 24, 2011 at 1:19 am

    Now…where to find that Keynes quote about taking bushels of money and dumping it into the sea….

  88. 88.

    Andrew

    January 24, 2011 at 1:20 am

    @Martin:

    It actually does have a race track.

  89. 89.

    Carol

    January 24, 2011 at 1:39 am

    Why do I think that that place is the Saddam Hussein/Baby Doc special, designed to forever float in international waters far away from Human Rights activists and potential revolutionaries? If Louis the Sixteenth had something like this, he would have died of old age floating along the sea.

  90. 90.

    Ozymandias, King of Ants

    January 24, 2011 at 2:34 am

    @MikeJ: I know I’m late to the thread, but:

    A Gerald Ford class carrier

    You’ve got to be kidding.

    Was all the R&D to keep it from falling?

  91. 91.

    bjacques

    January 24, 2011 at 3:50 am

    It reminds me of the various Galtian <A HREF="http://oceania.org/">floating republics that were popular concepts on the 1990s. They’d be sovereign tax havens, of course. Not a one of them got built, which is probably a blessing. Where would you put the support staff? It was about as realistic a concept as the L-5 space colonies that were popular among Libertarians of the 1970s and 1980s.

    That said, I’d be all over a reality-TV show of Galt’s Gulch or Objectivist Island. Round up a dozen or so Ayn Rand fans, put ’em up in a house, on an island, in an abandoned suburb, whatever. Give ’em whatever they want, but when stuff breaks, they have to fix it themselves. Now, *that* I would pay to see. Until then, well, J.G. Ballard’s “High-Rise” is still in print, I think.

    As for Roman Abramovitch and his ilk, I hear Chinese and Iranian super-cavitating torpedoes/surface-skimming missiles are dirt-cheap. Total Eclipse of the Yacht!

  92. 92.

    Anne Laurie

    January 24, 2011 at 6:14 am

    It may not be a hovercraft and yet it would hold many, many eels!

    Since a boat is a hole in the water into which one pours money, proper conspicuous consumption therefore involves creating the largest possible hole…

  93. 93.

    JGabriel

    January 24, 2011 at 8:00 am

    I spot a design flaw in the picture: Where does the helicopter go when you want to play tennis?

    I couldn’t possibly consider purchasing this yacht until that’s rectified. So amateurish. It’s like the designers don’t have any real understanding of a billionaire’s needs.

    .

  94. 94.

    Certified Mutant Enemy

    January 24, 2011 at 9:07 am

    @srv: This yacht would be quite adequate for a family of 4. The rich may not like that it can’t accommodate a crew or helicopter and doesn’t have pool. Plus one would never be bothered by a film crew wanting to use one’s yacht as the headquarters of a villain in James Bond movie.

  95. 95.

    Paul in KY

    January 24, 2011 at 10:01 am

    @Omnes Omnibus: That’s what I was thinking, and, no I have never been to Branson either.

  96. 96.

    Paul in KY

    January 24, 2011 at 10:03 am

    @MikeJ: I would be afraid that a ‘Gerald Ford’ class carrier would run into an iceberg….in the Caribbean.

    Edit: Some jokes just write themselves :-)

  97. 97.

    retr2327

    January 24, 2011 at 11:05 am

    Where’s an iceberg when you really need one?

Comments are closed.

Trackbacks

  1. The Mouth Is Just A Body | Whimsy Speaks says:
    January 24, 2011 at 10:01 pm

    […] Wow.  “The staggering 155m Streets of Monaco yacht is expected to cost over $1.1 billion to build and is modeled on a section of Monte Carlo.” […]

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