Sarah Huckabee Sanders forces Chinese seed company to divest Arkansas land holdings

[borosp1]

I am not a fan of Sarah Huckabee Sanders, but in this case I agree that any foreign nation who is Americas enemy should not be able to own commercial or agriculture land in the US. Forcing a Chinese owned company to sell American farm land is the right position to take. American companies cannot own farmland in China so why should they be allowed to in the US.

https://twitter.com/x/status/1714340494916952272

LITTLE ROCK, Ark. – Arkansas is the country’s first state to act to force a Chinese company to divest its land holdings in the state, according to its governor.

In a Tuesday morning news conference, Gov. Sarah Huckabee Sanders said the state would require the China National Chemical Company to divest its land holdings for the Northrop King Seed Company in Craighead County.

“Seeds are technology,” the governor explained. “Chinese state-owned corporations filter that technology back to their homeland, stealing American research and telling our enemies how to target American farms.”

The governor explained that the legislature’s passage of Act 636 during its regular session earlier this year created the law allowing the state to act. The act prohibits land holdings in Arkansas by prohibited foreign parties, such as the Chinese government-owned China National Chemical Company.

Northrop King owns 160 acres for its seed research and development business, valued at approximately $1.12 million. Northrop King is a subsidiary of Syngenta Seeds LLC, which is owned by China National Chemical Company, formerly ChemChina.

https://www.kark.com/news/state-news/gov-sarah-huckabee-sanders-making-announcement-tuesday-morning/

 

[dank69]

Sounds good on paper but the fact that a Republican is pushing it makes me immediately question it. I'm hoping it's just a case of her coming to the right conclusion despite a flawed premise or two.

 

[Thump553]

I wish the article stated HOW she is forcing the Chinese company to sell. Out of context her action sounds like a sin against free enterprise. Maybe that doesn't matter anymore to the GQP. I do wish it was disclosed where a governor supposedly gets this power from.

 

[IronWing]

The article specifies the law that the Governor relied upon.

https://www.arkleg.state.ar.us/Home/FTPDocument?path=%2FACTS%2F2023R%2FPublic%2FACT636.pdf

Now to see which of the Governor's cronies makes a buck on this.

 

[nakedfrog]

The article specifies the law that the Governor relied upon.

https://www.arkleg.state.ar.us/Home/FTPDocument?path=%2FACTS%2F2023R%2FPublic%2FACT636.pdf

Now to see which of the Governor's cronies makes a buck on this.

That's where my mind went too, like it may be good in principle, but history has shown this isn't likely a neutral move done solely with the best interests of Arkansas citizens in mind.

 

[borosp1]

More than likely will benefit some of her Republican friends where they will buy the land for pennies on the dollar! But at least the premise of not allowing China who is Americas enemy to own commercial or farm land is good thing.

 

[brycejones]

Thank god China won't be able to use that farm as an endpoint for a tunnel from China they will use to flood us with illegals and fentanyl.

 

[Thump553]

Sorry, I missed that article at first. It looks to me like all sorts of interesting legal issues are raised by that statute. As the company legally owned the property before that state statute was passed, the state is AFTER THE FACT forcing the sale of the property (through foreclosure methods if the company doesn't sell within two years without the state having to offer a dime for the property or make any restitution for the taking their statute causes. And I'm not even addressing the potential effects of federal law and/or treaties.

Nice political stunt that will, at a minimum, lead to some very profitable years for elite OK law firms. I can also see China retaliating against OK firms that have assets in Red China-which is governed by Chinese law, which is purely a creature of the Chinese Communist Party-no US Constitution rights there.

Well it's a smarter political stunt than taking on Mickey Mouse. Now take would take a real idiot.

 

[evident]

Thank god China won't be able to use that farm as an endpoint for a tunnel from China they will use to flood us with illegals and fentanyl.

immediately thought of nydus canals from starcraft. lol

 

[brycejones]

immediately thought of nydus canals from starcraft. lol

What's amazing is the plane loads of illegals from south of the border they have been flying to China to prepare for this great invasion. In the most bigly planes, just yuuuge numbers of planes full of communists, drug dealers, gang members, and some are maybe good people.

 

[brycejones]

For a direct comment on the subject of this thread. This is frankly performative bullshit. In the 80's we used to shit bricks about Japan buying things in the US. Now we're shitting bricks about China. I also have an issue with basic property rights being attacked for cheap political points.

 

[BoomerD]

I'm firmly of the opinion that no foreign national or non-citizen should be allowed to own any kind of real estate ANYWHERE in the US.

 

[brycejones]

I'm firmly of the opinion that no foreign national or non-citizen should be allowed to own any kind of real estate ANYWHERE in the US.

bless your heart

 

[vi edit]

I'm firmly of the opinion that no foreign national or non-citizen should be allowed to own any kind of real estate ANYWHERE in the US.

What about things like Honda, Toyota, VW, ect factories all over Ohio, Kentucky and the Southeast?

 

[Pens1566]

What about things like Honda, Toyota, VW, ect factories all over Ohio, Kentucky and the Southeast?

"They took our jerbs!!!!!!!!!!!!!!!"

 

[Lanyap]

But whatabout the podium?

 

[dainthomas]

Huckabee makes Menendez look like someone with an unimpeachable sense of fairness and moral character, but even she can be accidentally right about something every so often.

 

[Meghan54]

Huckabee makes Menendez look like someone with an unimpeachable sense of fairness and moral character, but even she can be accidentally right about something every so often.

Broken clocks, blind squirrels and acorns come to mind

 

[Paratus]

immediately thought of nydus canals from starcraft. lol

Those were such BS. I’m on a floating f’king rock. How the F can you connect a nydus network from the main map through thin air?

Zerg OP

 

[IronWing]

Today I learned about nydus canals and worms. I suppose their main function is to speed up game play so everybody doesn't have to walk everywhere?

 

[BoomerD]

Today I learned about nydus canals and worms. I suppose their main function is to speed up game play so everybody doesn't have to walk everywhere?

So...you're saying you have worms in your nydus canals?

You'd better get that looked at quickly.

 

[dainthomas]

For a direct comment on the subject of this thread. This is frankly performative bullshit. In the 80's we used to shit bricks about Japan buying things in the US. Now we're shitting bricks about China. I also have an issue with basic property rights being attacked for cheap political points.

Many countries are experiencing acute housing shortages precipitated by large chunks of housing snapped up by foreign investors (to just sit empty). New Zealand, for one, has explicitly restricted foreign ownership to try to address this. It's also a major issue in the US along with large corporations (foreign and domestic) buying up single family homes to turn around and put on the rental market.

 

[nakedfrog]

For a direct comment on the subject of this thread. This is frankly performative bullshit. In the 80's we used to shit bricks about Japan buying things in the US. Now we're shitting bricks about China. I also have an issue with basic property rights being attacked for cheap political points.

Japan and China are different.

 

[hal2kilo]

Many countries are experiencing acute housing shortages precipitated by large chunks of housing snapped up by foreign investors (to just sit empty). New Zealand, for one, has explicitly restricted foreign ownership to try to address this. It's also a major issue in the US along with large corporations (foreign and domestic) buying up single family homes to turn around and put on the rental market.

I blame Airbnbn and the likes.

 

[borosp1]

Many countries are experiencing acute housing shortages precipitated by large chunks of housing snapped up by foreign investors (to just sit empty). New Zealand, for one, has explicitly restricted foreign ownership to try to address this. It's also a major issue in the US along with large corporations (foreign and domestic) buying up single family homes to turn around and put on the rental market.

Canada created a law this year to block foreign countries from owning most real estate:

Canada Bans Foreigners From Purchasing Most Real Estate

The move is meant to curb high prices, but experts doubt it will have much effect

www.voanews.com

the Canadian foreign buyers ban went into effect, banning non-Canadians from purchasing property, with several exceptions.

These include landed immigrants, workers on temporary visas, refugees and some international students, on properties valued at less than 500,000 Canadian dollars or in areas with a population of less than 10,000. This would include many resorts and vacation areas.

The government of Prime Minister Justin Trudeau enacted the ban in an effort to curb sky-high home prices, which were averaging almost 633,000 Canadian dollars, or 466,000 U.S. dollars, as of November and running much higher in the major cities.