posted on Oct, 15 2009 @ 03:00 PM
I'm sure this has been posted at lease one other time, but I thought I would bring this up again because I own a website development company in
Indiana, and I am currently working on a website for a company that does rent farming.
This company just recently sold signed an agreement with a man from china who doesn't even speak a word of English nor has ever set foot on american
soil, for them to farm the land he just purchased in Indiana.
It seems that what is happening is that banks are taking land from farmers who can no longer pay for the land due to layoffs and the prices of there
crops being so low (mainly soybeans because of china releasing there stock pile).
Once these banks have taken the land they are putting them up for sale, but not in the united states, they are advertising the land over seas
First: I have no problem with foreigners buying our land as long as we can buy there land as well. but in china you can not own land, only lease it
from the government.
Second: We give these banks U.S (our) tax money so that we can bail them out from going "bankrupt" and in turn they take land from the poor farmers
of america who helped pay for there "bailout", taking there only source of income, and in turn sell the land to people in countries like china.
Third: I believe this is only the beginning. do you think in any way that once the Chinese own a large portion of our land (whether in the U.S. or
Europe) they will ever sell it back to an American or European? NO WAY! I doubt there government would allow that.
I could go on forever but I just thought I'd put my two cents in here and let everyone know that I have now seen it first hand.
(visit the link for the full news article)