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[–]kingsmegLiberté, égalité, fraternité 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (0 children)

So after dumping roughly $1T essentially worthless US 'dollars' on China through trade imbalances, these geniuses now want to prevent China from spending any of that money in USA.

No way this could backfire.

[–]penelopepnortneyBecome ungovernable[S] 6 insightful - 1 fun6 insightful - 0 fun7 insightful - 1 fun -  (1 child)

Well, I think they do but the author of this piece doesn't do a great job IMO of 1) clearly stating why any foreign ownership of American agricultural land is problematic; or 2) recognizing that all this anti-China legislation is likely a deliberate distraction from the bigger problem American farmers and consumers face, corporate ownership of farm land.

Using competition with — and fear of — China as a justification for legislation that touches on virtually all aspects of American life has become the norm in Washington. The total number of bills in which the word “China” is cited during the current session of Congress is rapidly approaching 400.

If "[t]he explicit goal of this kind of legislation is... food security" then that applies to any foreign ownership.

But advocates for U.S. farmers say that blaming Chinese and other foreign nationals for food insecurity misdiagnoses the true root of the problem, which they say is the rapid increase over the last 15 years in agricultural land ownership by wealthy individuals, pension funds, and multinational corporations.

“The real issue, if [legislators] actually really cared about the food supply and food security and food sovereignty,” adds Fran Miller, a senior staff attorney and adjunct faculty member at the Center for Agriculture and Food Systems at the University of Vermont Law School, “is corporate ownership of agricultural lands and ways that pension funds and real estate investment trusts and all these investors are gobbling up agricultural lands and trying to make as much profit as possible, which means that new farmers, marginalized farmers, people seeking land access to actually grow food, are stymied.”

BINGO!

Some of these corporations are foreign-owned, but Treakle points out that the most important source of foreign ownership of U.S. agriculture land is Canada — not China.

[–]penelopepnortneyBecome ungovernable[S] 4 insightful - 1 fun4 insightful - 0 fun5 insightful - 1 fun -  (0 children)

“Our concern is really focused on the corporatization of agricultural land, and the impacts and implications of that for local food systems for farmer livelihoods,” Jordan Treakle, the National Programs and Policy Coordinator at the National Family Farm Coalition, told Responsible Statecraft.

He noted that Bill Gates is the nation’s largest private farmland owner, and the U.S.-based financial services company TIAA is the largest corporate farmland holder. “So it’s been quite disappointing to see this issue of foreign government or foreign person, agricultural land investment be raised in what we see as a pretty xenophobic way.”

[–]captainramen🇺🇸🛠️ MAGA Communist 🛠️🇺🇸 8 insightful - 1 fun8 insightful - 0 fun9 insightful - 1 fun -  (2 children)

Meanwhile they aren't going to do anything about Bill Gates buying up farmland. Is he loyal to America or Our Constitution? Hardly. He might as well be a foreign national at this point.

[–]penelopepnortneyBecome ungovernable[S] 7 insightful - 1 fun7 insightful - 0 fun8 insightful - 1 fun -  (1 child)

He's loyal to the globalists, but then so is most of our government. For them America is a commodity to be mined and exploited, nothing else.

[–]Maniak🥃😾 3 insightful - 1 fun3 insightful - 0 fun4 insightful - 1 fun -  (0 children)

He's loyal to the globalists

He is one, so he just has to be loyal to himself, like all psychopaths.