According to reports, congressional lawmakers are suddenly concerned about all this Chinese real estate activity, prompting members of both major political parties to pursue a legislative crackdown.
After decades of basically handing over America to China, politicians are all of a sudden concerned, we are told, about foreigners grabbing ownership of prime agriculture parcels throughout the Midwest.
Billionaire eugenicist Bill Gates is similarly buying up American farmland for purposes that remain shrouded in secrecy.
House lawmakers are pushing new legislation to supposedly oust China’s presence from agricultural real estate, which puts the American food system at risk. Senate lawmakers say they, too, are supportive of the effort.
Both Congress and the Biden regime are pretending to care, some 30 or 40 years too late, about America’s near-total economic reliance on China, which makes the vast majority of consumer goods sold in the country.
China provides everything from food to semiconductors to minerals deemed crucial to the supply chain, even though many of these things used to be grown, manufactured, and mined right here in the United States.
Former Vice President Mike Pence and Sen. Elizabeth Warren are jointly pushing for more regulation on who gets to own American farmland.
“America cannot allow China to control our food supply,” Pence stated during a recent gathering of the Heritage Foundation, a right-wing think tank, adding that Biden and Congress need to “end all farm subsidies for land owned by foreign nationals.”
By 2020, China had already gobbled up nearly 200,000 agricultural acres in the U.S.
For years, Chinese corporations have been gobbling up American farmland to the tune of about 192,000 agricultural acres by the start of 2020. All that land is collectively worth about $1.9 billion, and it is being used for farming, ranching and forestry, according to the government.
Canadians and Europeans also own millions of acers in America’s heartland, which is being shamelessly sold out to the highest bidder for a quick profit.
The Chinese Communist Party (CCP) is behind much of this foreign investment activity, having provisioned it via its “One Belt One Road” economic development scheme. The goal is to use American farmland to grow more food for export to communist China.
“The current trend in the U.S. is leading us toward the creation of a Chinese-owned agricultural land monopoly,” warned Rep. Dan Newhouse (R-Wash.) during a recent House Appropriations hearing.
That committee adopted an amendment that Newhouse proposed to the Agriculture-FDA spending bill (H.R. 4356 (117)) that blocks any new agricultural purchases by companies that are wholly or partially controlled by the Chinese government. It also prohibits Chinese-owned farms from receiving federal subsidies for the crops they grow.
Rep. Grace Meng (D-N.Y.), meanwhile, expressed opposition to the legislation. An Asian woman, Meng believes that anything targeting China is an act of “anti-Asian hate,” proving that she would prefer to put China, rather than America, first.
As of the end of 2019, foreign investors held a whopping 35 million American acres in their portfolios. This is a land mass greater in size than the entire state of New York. According to United States Department of Agriculture (USDA) data, that total has grown by an average of 2.3 million acres per year since 2015.
“It’s all unfolding just as the oligarchs dreamed it would,” bemoaned one commenter about the news.
The Chinese takeover of America would not have been possible were it not for a corrupt Congress and decades of corrupt presidents who greased the wheels to make it happen. To learn more, visit Corruption.news.
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