Oh, so NOW the feds have a problem with secret corporate ownership.
Maybe let's do something to limit the onshore tax havens in Delaware, Wyoming, Nevada....
this post was submitted on 23 Jul 2023
239 points (96.5% liked)
World News
39019 readers
2184 users here now
A community for discussing events around the World
Rules:
-
Rule 1: posts have the following requirements:
- Post news articles only
- Video links are NOT articles and will be removed.
- Title must match the article headline
- Not United States Internal News
- Recent (Past 30 Days)
- Screenshots/links to other social media sites (Twitter/X/Facebook/Youtube/reddit, etc.) are explicitly forbidden, as are link shorteners.
-
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think "Is this fair use?", it probably isn't. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
-
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.
-
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.
-
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19
-
Rule 5: Keep it civil. It's OK to say the subject of an article is behaving like a (pejorative, pejorative). It's NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
-
Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
-
Rule 7: We didn't USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you're posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
Lemmy World Partners
News !news@lemmy.world
Politics !politics@lemmy.world
World Politics !globalpolitics@lemmy.world
Recommendations
For Firefox users, there is media bias / propaganda / fact check plugin.
https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/
- Consider including the article’s mediabiasfactcheck.com/ link
founded 1 year ago
MODERATORS
When you own a piece of land, the feds own you, when you own all the land, you own the feds.
Quick somebody find a way to link this to China so we can get the GOP to start yelling about limiting foreign investment in US real estate. With a little luck we might can wrangle this into something that will lower the cost of housing.
Have we tried building more housing? I know radical idea.
Yeah, it keeps getting bought up and turned into airbnbs.
If you allow land to be turned into an investment opportunity why would anyone whos got that kind of money put a regular house there and sell it when they could just make it a permanent investment at the cost of other people not being able to buy houses to live in.
This is the real issue right here. It's more than just Airbnb's, though, it's all 'investment real estate'.
The solution would be to exponentially increase taxes for those who own multiple properties, but property tax is typically handled on the county level, so this would be tricky. Also, the people who could implement such a tax all own multiple properties, so there's a conflict of interest there.
Canada is struggling with this at the moment. It's a great idea on paper, but our development style is unsustainable and we simply can't keep up with demand. Not to mention that build costs are up 50% since 2020.
Affordable, efficient housing that is close to amenities is what is needed, but supplying that is quite unlikely given build costs and North America's infatuation with the suburb.
load more comments
(1 replies)
There's a good chance that China was a one harassing US Navy warships a few years ago.
Not definitive however.
Lowering retail investment will not lower the cost of housing - quite the opposite.
If Travis AFB is truly that concerned about it, why haven’t they simply bought the land instead? It’s the military; We all know they have literal billions of dollars to waste. Instead of complaining about some mystery investor purchasing the land, why not purchase it yourselves and incorporate it into the AFB?
The military isn't just allowed to buy up land willy nilly without oversight and direction from civilian officials. Do you remember when Clinton closed hundreds and thousands of military sites back in the '90s?
So they don't really get to decide on basic expansions solely within the military. And generally speaking, the military doesn't spend unnecessary money to expand military bases and provide a buffer zone around land that isn't used for bombing ranges and whatnot. Travis appears to be just a typical Air Force air base with a couple of runways.
However, these articles point toward other very shady acts going on including the proposed 400 ft tall observation Tower to oversee the airbase. Why would a farming operation or a land investor want an observation tower to overlook an Air Force Base?
The 400ft tall silo was near Minot Air Force Base in North Dakota and was known to be owned by a company from China
None of that has any tie to the company that bought land near Travis AFB
Land purchased by a Chinese company near one US AFB doesn't logically imply that any purchased land near a US AFB is a Chinese spy operation
I see, thank you for correcting me. It does look like these two entities purchasing land are separate, although it is not impossible for them to both be funded by China.
Yeah I'd be a bit concerned of something around minot afb myself... used to be stationed there back in the early 2000's
Yeah a 400ft tall silo overlooking Minot AFB is concerning. It also has nothing to do with OPs article about Travis AFB
China does enough shady shit that we don't need baseless accusations being thrown around
I suppose the best option would be to decide to expand the fan, condemn the land, and take it over using eminent domain for assessed value on the tax records.
Others have pointed out that the purchased land is predicted to remain farmable when other regions in California become too dry to farm.
However, them suing landowners for not selling points to either extreme greed or a project that may necessitate having a contiguous portion of land.
Really? Most of this land looks like it is marginal land that is not very productive for anything. It's very low lying, around 0 to 1 ft above sea level and much of that area is actually tidal flats protected by dikes from the bay.
I've driven around the bay before, and there's a lot of shitty land around it that's basically not used for anything. I wouldn't even want to own a house along that area because it will be underwater within 20 or 30 years anyways.
I always hear the old lady from Beavis and butthead do America when I hear the name Travis
load more comments
(3 replies)
This has been posted multiple times and it has been pointed out each time that the company isn’t really a mystery.
For example:
The company isn't a mystery, however the ownership, leadership, and investors of the company are unknown.
Only the lawyers are known so far.
OK, so if the company isn't a mystery, then who are their owners or directors? Where did they get $800 million?
What if it's a wealthy Native American just buying their land back? Probably not, but it would be peak irony
Travis isn't even the best base in California to spy on. Beale AFB is just up the road and has more interesting shit.
Even with 7.2 ft of sea level rise, is that really going to make something as far inland as Travis AFB beachfront property? I assume it’s elevation is greater than 8 ft.
It's not actually. It's practically at sea level right now, the whole area is protected by dikes. The whole Sacramento Delta is basically at sea level.
Oooh, time to bring up a weird CA history thing I know - Sacramento and most of central CA is in what's essentially a giant flood basin, and it's flooded before! In 1862, there was a massive deluge in the state that more or less turned the center of CA into another Great Lake of the US. It also happened even worse in 1605 apparently, so everyone's mostly wondering at what point will it happen again. Or maybe the sea will just swoop in and claim the great bowl of CA for itself.
view more: next ›