Why is that language necessary?
"Domain squatting is without worth and indefensible."
"Squatters" buy something with the hopes of reselling. Exactly what is wrong with that other than you are frustrated that you don't want to pay for what they have to sell? Are you also frustrated that real estate in Silicon Valley or NYC sells for so much money? That some people bought at the right time and can now sell for more? That some people own homes and don't use them full time? That someone should get to use the home and they should give them up?
"Squatters create nothing and they provide nothing of value"
They can provide a domain name that you want. Read below on what happens when a domain is owned by someone that doesn't care about money (google).
I understand that HN is certainly against squatters in the worst way. And that it is frustrating to deal with some domain sellers (this is part of what I do for people).
I'm not defending the practices of some who are unreasonable. (I also want to point out that I am both on the buying and selling end just like an attorney can represent both parties in a lawsuit. I also own domain names as further disclosure and I've sold them for plenty of money.)
There is a domain I was trying to get for someone that google owned and it was very clear they weren't going to sell the domain. Not for any price. Any price. They don't need the money. It took hours of effort to just track down the person who controlled the domain for google. No dice. Had the domain been owned by a speculator a deal would have been done easily. This happens frequently actually. You have a better chance of getting a domain if it's not being used at all and owned by someone who wants to make money then you do if it's owned by a company that either doesn't need the money or is using it for their bakery and doesn't want to rebrand.
"beat a squatter with a shovel"
I think you have to think about this. You have a serious anger problem.