An eccentric Australian mining magnate who is building a replica of the ill-fated Titanic has unveiled his latest scheme — a park of giant robotic dinosaurs.
Clive Palmer, who last month in New York launched an ambitious plan to build and sail the “Titanic II”, said he had ordered more than 100 life-size dinosaur robots from China to populate his north Australian resort.
“We’ll have the world’s biggest dinosaur exhibit, with 165 animatronic dinosaurs,” Palmer said.
He already has two of the towering creatures — named Jeff and Bones — on display at his Palmer Coolum Resort on the Sunshine coast north of Brisbane and boasted that the public “haven’t seen anything yet.”
The robots, some of which measure up to 7 metres tall and weigh in excess of 1.2 tonnes, will move their tails and chests and blink their eyes. They are expected to arrive by the end of April.
A larger-than-life character who has made a fortune in mining, Palmer said recently that he was funding the Titanic II because “I want to spend the money I’ve got before I die”.
Trump called out by Wall Street Journal for plan to send troops after protesters and risking ‘bloodshed’
The editors of the conservative Wall Street Journal strongly cautioned Donald Trump to refrain from putting members of the military on the streets of the United States because it would only inflame a country already being torn apart by battles between George Floyd protesters and the police.
With the president threatening to invoke the Insurrection Act of 1807, which would allow him to send in the troops to restore order, the Journal's editors implored Trump to step on the brakes and not make matters worse.
‘Very proud of themselves’: Senior White House official says Trump team was ‘celebrating’ tear gassing protestors at church
The Trump White House is "celebrating" Monday evening's gassing of protestors in Lafayette Park to clear the area so the President could walk to St. John's Church to hold up a bible for a photo-op. President Donald Trump made the decision to hold a Rose Garden speech during which he threatened to deploy the Military throughout the country to "quell" protestors demonstrating over the police killing of George Floyd, then march to the historic house of worship.
Can we use this tax break to buy a rental property in Florida?
Q. We own three rental properties here in New Jersey that are being deprecated accordingly. We are thinking about purchasing a place in Florida, keeping our primary home in New Jersey for now. What do we need to do to set up a 1031 exchange with one or more of these properties depending on what we find.— Thinking about itA. We’re glad you asked because Section 1031 exchanges can be complex and nuanced.Named for its IRS code, a 1031 exchange is basically a swap of one investment property for another in which you’re allowed to defer capital gains taxes.You can exchange the multiple investment pr... (more…)