Wealthy Elites Control American Ideals: Oligarchs Gain Possession of the American Dream
In the heartland of America, a debate is brewing about the increasing foreign ownership of U.S. agricultural land and businesses. The author of a recent commentary from the Rutherford Institute argues that this trend could have significant implications for the American people.
Canada, with its extensive investments across several states, particularly in the Midwest, is the largest foreign owner of U.S. agricultural land. Other European countries such as the Netherlands, the United Kingdom, and Germany follow closely, often investing through agricultural investment funds and agrifood companies. Japan and some Middle Eastern countries also own agricultural assets, albeit on a smaller scale.
Foreign ownership spans a mix of farmland for crop production, livestock operations, and agribusiness firms involved in processing and distribution. However, specific breakdowns of ownership by country and sector can vary year to year, and comprehensive government data often lags by a year or more.
According to the author, the growing foreign ownership of U.S. agricultural land has increased by 66% since 2010, with foreign investors owning approximately 43.4 million acres of U.S. agricultural land in 2022. This trend has raised concerns about national security, food security, and the economic well-being of American farmers.
The author also emphasizes the need for "we the people" to stand united against politicians and corporate interests who have turned the government and economy into a pay-to-play exercise. The author's book, "Battlefield America: The War on the American People," delves deeper into this topic.
In addition to agricultural investments, the author points out that a handful of corporations now control most of the media industry, and money is being spent on endless wars, surveillance systems, militarizing police, government raids, and schools teaching compliance. The national debt, currently over $34 trillion, is projected to grow another $19 trillion by 2033, with the bulk of the debt having been amassed over the past two decades.
The author suggests that there are things the people can do, such as demanding transparency, rejecting cronyism, and insisting on fair pricing. For the most current and precise data on foreign ownership of U.S. agricultural land or businesses, specialized government databases or reports from the U.S. Department of Agriculture’s Farm Service Agency or the Foreign Agricultural Service would be the authoritative sources to consult.
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Original Article URL: https://thenewamerican.com/featured/who-owns-america-oligarchs-have-bought-up-the-american-dream/
