Volaholic320
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Communist Takeover: Without Firing a Shot, China Seizes Control of America's Farmlands - RAIR
China purchasing America.
China purchasing America.
The Federal law requiring foreign entities to advise the Department of Agriculture of investments in land is only haphazardly enforced, and companies from China are listed under various names. In addition, the USDA has not enforced tracking of foreign entities under the law since 2014.
It’s not a big deal…we can simply nationalize any lands purchased by foreign companies or governments by the stroke of a pin. It’s certainly happened to American interests in foreign countries in the past.
Assset forfeiture by any private individual should be a non starter, citizen or not. But for a government entity proxy I’m not so sure I think it’s a bad idea. I don’t think any rational citizen would think having huge chunks of America owned by the Chinese government is a good idea. For Chinese citizens I really don’t care though. But when the line blurs what do we do? I really don’t have a good ideaNo! Absolutely not! Nationalizing anything privately owned is a horrible idea and should be opposed by everyone.
Assset forfeiture by any private individual should be a non starter, citizen or not. But for a government entity proxy I’m not so sure I think it’s a bad idea. I don’t think any rational citizen would think having huge chunks of America owned by the Chinese government is a good idea. For Chinese citizens I really don’t care though. But when the line blurs what do we do? I really don’t have a good idea
I’d agree that’s a decent approach to start the process on. Straight up foreign governments or entities under direct foreign government control I think is a bad idea. Of course the Chicoms really don’t care about the laws governing US land ownership if they’ve decided they want to buy it so…I googled some other countries laws on this and what I can find it's a mishmash of foreigners can own land to no they can't with everything in between. Several allow it but you have to form a naturalized entity within the country to own land. I don't see why that would be a bad thing here.