No Buyer Yet For Saddam Hussein’s Bond Villain Yacht

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A few weeks ago, I posted the story of a life-size replica of the White House in Atlanta that had gone into foreclosure—evidence, perhaps, of the recession reaching the upper rungs of the economic ladder (or of a sudden and unexpected outbreak of good taste among the monied elite.) In that vein, today I offer this story about how Saddam Hussein’s custom-built, Bond-villain yacht has gone without a buyer for months and is now being returned to Iraq for storage.

The 270-foot “Basrah Breeze” (also known as the “Ocean Breeze” and “Qadissiyet Saddam”) is decorated in the garish style of the deceased Iraqi dictator, complete with mahogany trim, gold bathroom fixtures, and plush carpets. And in case you happen to be a fugitive from Interpol or involved in a blood feud with an American president, the vessel also features a missile launcher and a secret escape hatch leading to a mini-submarine. Everything an aspiring Dr. Evil might require and all for the bargain price of $30 million. For all these amenities, Saddam himself never overnighted in his yacht, fearing a political uprising if he were to take to the seas even for a few hours.

The Iraqi government won the yacht from a Jordanian company in a court case last year and is apparently surprised (and not a little disappointed) that a buyer has not yet been found. The decision to bring the Basrah Breeze back to its home port in the Persian Gulf from its current home in the Greek port of Piraeus will save “docking and crew costs,” said an Iraqi government spokesman, who went on to say that it has proven difficult to sell the yacht “in the current circumstances with the world dealing with the financial crisis.”

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We need to start raising significantly more in donations from our online community of readers, especially from those who read Mother Jones regularly but have never decided to pitch in because you figured others always will. We also need long-time and new donors, everyone, to keep showing up for us.

In "It's Not a Crisis. This Is the New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, how brutal it is to sustain quality journalism right now, what makes Mother Jones different than most of the news out there, and why support from readers is the only thing that keeps us going. Despite the challenges, we're optimistic we can increase the share of online readers who decide to donate—starting with hitting an ambitious $300,000 goal in just three weeks to make sure we can finish our fiscal year break-even in the coming months.

Please learn more about how Mother Jones works and our 47-year history of doing nonprofit journalism that you don't elsewhere—and help us do it with a donation if you can. We've already cut expenses and hitting our online goal is critical right now.

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