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Title: Work and Play in Nicaragua
Source: email
URL Source: [None]
Published: Jul 19, 2014
Author: Bill Bonner
Post Date: 2014-07-19 12:07:33 by BTP Holdings
Keywords: None
Views: 150
Comments: 10

Work and Play in Nicaragua

by Bill Bonner

We sat on the terrace of Antonio's house…listening to the waves on the beach below and eating lobster that had been pulled out of the ocean just in front of us.Antonio's family had owned the property and raised cattle and horses on it.

After we showed him what we were doing, he decided to join us. He bought one of the best lots and built a house. It has three bedrooms and a roof made of palm leaves. The bedrooms are airconditioned, but the main section of the house is completely open -- looking out over a pool and the ocean behind it. The temperature is never too cold and never too hot -- with the help of the sea breeze -- so you can spend your time outside comfortably.

Antonio's mother had come over to supervise the meal. She added a touch of femininity to the all-male group. But after she left, the whiskey and cigars came out…and the talk turned to the most popular subject among ambitious, middle-aged, Type-A males -- money.

Money is a curious subject. We were all there because we had some money and wanted to make more. But what made the place nice had nothing to do with money. The sea breeze takes no account of your personal balance sheet when it rushes by. The ocean was just as blue to a pauper as it was to a George Soros or Ted Turner. The sun was just as bright. Even penniless Nicaraguans ate the lobster they fished out of the sea -- or maybe the red snapper we had the next day.

“Work is play for mortal stakes is the deed ever really done for heaven and the future’s sakes.”

We wanted what the locals already had -- to sit around, enjoy the beautiful place, drink beer, talk. But we could not afford it. Leisure time is too expensive. Their time is cheap, because there is little market for it. Ours is so valuable that we have little available to do what we want.

But you don't make money so you can enjoy life. You make money so you can feel good about yourself, that is…feel superior to other people. And that means you have to give up many of the good things in life. You have to work, instead of play.

But the real trick is to turn work into play…for only when "work is play for mortal stakes is the deed ever really done for heaven and the future's sakes."

…to quote Robert Frost…

This project in Nicaragua has been both work and play. My partners are already designing the homes they will build. I have one in mind, too -- but it is in a section of dramatic cliffs…which is still unavailable for building. And we are already making money.

When we first came to Nicaragua a couple of years ago, the Pacific Coast was almost untouched. We thought it was inevitable that it would soon become developed. It is too close to the United States…and too beautiful to be ignored. So we decided to do our own development -- creating a place we could sell and a place that we would like ourselves. Work and play.

I mentioned a piece of property we bought in Baltimore. The price in real terms on that property went down over the last 100 years by at least 80%. But while property values in Baltimore were falling, they were rising on the California coast. In the early part of the century, the "New York Times" carried an ad for a bungalow on the beach in Malibu, California. It was for sale, if I recall correctly, for $6,000.

How much is it worth today?

I don't know, but I will bet that it is worth many times that amount.


Poster Comment:

Eugene Hasenfus was shot down over Nicaragua during Iran-Contra in 1986 while flying arms to the Contras. ;)

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#1. To: BTP Holdings (#0)

f%ck nicaragua. commie shitehole. but dirtcheap and full of sexy putas. i've been there ~20 times for a long weekend and i pray the whole time the border will be open when it's time to exit.


"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams

Rotara  posted on  2014-07-19   12:16:35 ET  Reply   Trace   Private Reply  


#2. To: Rotara, BTP Holdings (#1)

Mike Rivero said their crime rate has gone down while ours has gone up since Obama opened the Border.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2014-07-19   17:42:08 ET  Reply   Trace   Private Reply  


#3. To: Horse (#2)

remember the mariel boatlift ?


"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams

Rotara  posted on  2014-07-19   17:51:51 ET  Reply   Trace   Private Reply  


#4. To: All (#3)

visiting cuba, nicaragua and vzuela is different than living there.


"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams

Rotara  posted on  2014-07-19   17:54:08 ET  Reply   Trace   Private Reply  


#5. To: Rotara (#4)

remember the putas, bump

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2014-07-19   17:56:32 ET  Reply   Trace   Private Reply  


#6. To: Rotara (#4)

visiting cuba, nicaragua and vzuela is different than living there.

 photo cce644b0.jpg

 photo 001g.gif
“With the exception of Whites, the rule among the peoples of the world, whether residing in their homelands or settled in Western democracies, is ethnocentrism and moral particularism: they stick together and good means what is good for their ethnic group."
-Alex Kurtagic

X-15  posted on  2014-07-19   17:59:05 ET  (1 image) Reply   Trace   Private Reply  


#7. To: BTP Holdings (#0)

Just the other night I was reading all about Nicaragua wondering if it could be an option for cheap living. It sounds like there is quite a safety issue though which doesn't surprise me.

Diana  posted on  2014-07-19   18:05:22 ET  Reply   Trace   Private Reply  


#8. To: Diana (#7)

Just about anywhere in rural AmeriKa is plenty cheap compared to the cities.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2014-07-19   18:24:15 ET  Reply   Trace   Private Reply  


#9. To: X-15 (#6)

http://cornellilj.org/the-abolition-of-presidential-term-limits-in-nicaragua-the-rise-of-nicaraguas-next-dictator/

eff that place, that scuzbag thug and his loon wife. they are now wealthy commie dicktators. his sons will be next.


"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your counsel nor your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen.”—Samuel Adams

Rotara  posted on  2014-07-19   19:39:48 ET  Reply   Trace   Private Reply  


#10. To: Horse (#2)

Mike Rivero said their crime rate has gone down while ours has gone up since Obama opened the Border.

Figures. And Obummer is responsible for the largest increase in U.S. debt EVER in history. He needs to go. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2014-07-21   16:42:15 ET  Reply   Trace   Private Reply  


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