Australian billionaire Clive Palmer to build Titanic II

Just a bit of a warning from an Australian, Clive Palmer is known locally as a bit of a looney. His latest amusing embarrassment was claiming that green groups in Australia were being funded by the CIA through the Rockefeller Foundation with the aim of undermining Australia's mining industry (no pun intended)[1].

These sorts of headline grabbing announcements are par for the course for this guy so factor that into any excitement you may have over the project. Especially as they only appear to be in the planning stage right now.

[1] http://www.abc.net.au/news/2012-03-20/palmer-says-green-grou...

The US has billionaires like Warren Buffet, Bill Gates and such who are trying to cure disease. While aussie fat cats are too busy playing politics trying to be the big fish in a little pond, and those that don't stay in the "little pond" wreck more havoc (Murdoch).

Seriously... when can we have a likeable rich guy like a Branson. Instead of those like Skase, Bond and Rivken.

He's not building anything. He's about to run against a high profile politician in Australia and this is a desperate attempt to get some media coverage.

In the past few months he's used all sorts of tactics to get media attention including:

- Threatening to create a new Australian football federation.

- Accusing green groups of being part of a wide spread CIA backed conspiracy.

Clive Palmer has NO CREDIBILITY. He has tried to 'float' his private company at least three time and even the Hong Kong investors baulked.

He was declared a "National Living Treasure" through a popularity contest in women magazine. In Australia, he is ubiquitous as Donald Trump in America.

He is as serious as Trump 2012.

this isn't reddit