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PayPal Founder To Create Island

Peter Thiel, the founder of PayPal and an early investor in Facebook, is putting $1.25 million of his own money toward the creation of artificial libertarian island-nations. Here are some of the features the islands will include:

Large monument paying tribute to Bob Barr and his heroic 0.4 percent of the popular vote in the 2008 presidential election

Annual contest to see which island-dweller can best hijack a normal conversation with a tirade about the corrupt U.S. tax code

Huge pile of free guns right in the middle of each island

Canning operation free from restrictive boiling and acidity-regulation rules

Penn and Teller, every Thursday night

Large ceremonial nonfunctioning national debt clock that just reads “0”

A swimmin’ hole

Emergency blue-light phones that connect directly to the Cato Institute

A bunch of Republicans anyway

Occasional arbitrary tax on the population just to give them something to get riled up about, which, for many libertarians, is their sole reason for existing