We all kind of knew that ever since the 1998 stock collapse that the libertarian dream of Atlantis was a little more than a pipe-dream. When they decided to impose a monarchy in 2003, you could tell that the Rand family was "losing it". Even the 1968 British crackdown on Sealand, should have told us that sooner or later that the idea of a self-proclaimed kingdom was an invitation for military force to be used....
OOC: I'm going with the idea that Atlantis refers to one of the many libertarian projects to create a micronation in the middle of the Atlantic Ocean. I threw in the Rand family to insure some fun with the Bioshock allegory...