Page 1
Page 1
Started By
Message
locked post

Arkansas Forces Syngenta to Sell Farmland

Posted on 10/18/23 at 8:36 am
Posted by TD422
Destrehan, LA
Member since Jun 2019
787 posts
Posted on 10/18/23 at 8:36 am
Reuters.com

Thoughts? Both sides of the aisle can get beat over the head with their own logic on this one
Posted by nes2010
Member since Jun 2014
7544 posts
Posted on 10/18/23 at 8:37 am to
quote:

Arkansas ordered Syngenta to sell 160 acres


Lol
Posted by tango029
Member since Dec 2022
531 posts
Posted on 10/18/23 at 8:41 am to
US citizens can't buy land in China, nor can US companies (they must partner with a Chinese company that has a 51% stake). Given that we should impose the same restrictions on any land purchases.
Posted by BigMob
Georgia
Member since Oct 2021
7625 posts
Posted on 10/18/23 at 8:48 am to
quote:

160 acres




Posted by Wee Ice Mon
Member since May 2014
1800 posts
Posted on 10/18/23 at 9:13 am to
“Did someone say rural farmland for sale?”
- Bill Gates
Posted by Redbone
my castle
Member since Sep 2012
20529 posts
Posted on 10/18/23 at 9:24 am to
I suppose it makes a point but this is really kind of convoluted. Syngenta when originally built was Geigy. Geigy was totally owned by families in Switzerland when the Property was bought in the St. Gabriel/Carville area. Everybody celebrated that purchase. That same scenario can be applied to a large number of companies.

I am 100% for stopping countries from buying up ours BUT it's going to be difficult to have our cake and eat it too.

FYI: Syngenta owns much more than 160 acres in St.Gabriel/Carville with a lot of it not being used by the company.
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 10/18/23 at 9:38 am to
quote:

US citizens can't buy land in China, nor can US companies (they must partner with a Chinese company that has a 51% stake)


That is not 100% accurate after Trump's Phase 1.

Individual provinces may limit investment but they can also allow full ownership without partners.

Limiting investment is foolish. If the Chinese want to buy land in the US let them. The country was terrified of the Japanese buying up stuff in the eighties and look how that turned out.

It is foolish to deny American asset owners buyers of their assets. If the Chinese take a portion of their dollar reserves and buy a US company that is fine with me. We are then taxing the income of that company and they are paying us.

The fear of foreign ownership is irrational.
Posted by teke184
Zachary, LA
Member since Jan 2007
103094 posts
Posted on 10/18/23 at 9:41 am to
quote:

The country was terrified of the Japanese buying up stuff in the eighties and look how that turned out.


Buying up Columbia Pictures coming off a disasterous run including Ishtar and Leonard Part 6 was NEVER a good idea.

I don’t think it really recovered until Sony bought up Tristar and some other companies to fold into Sony Pictures.
Posted by Redbone
my castle
Member since Sep 2012
20529 posts
Posted on 10/18/23 at 9:42 am to
quote:

The fear of foreign ownership is irrational.
Another point is that is more difficult for these war mongerers to start shite when the businesses own property in the opposing country.
Posted by Homesick Tiger
Greenbrier, AR
Member since Nov 2006
56108 posts
Posted on 10/18/23 at 9:51 am to
quote:

“Did someone say rural farmland for sale?”
- Bill Gates



I guess 48,000 acres just in Ark. isn't enough for him.
Posted by I20goon
about 7mi down a dirt road
Member since Aug 2013
18868 posts
Posted on 10/18/23 at 9:59 am to
Just wait until the Chinese target the newly discovered Lithium deposits near Magnolia.
Posted by TD422
Destrehan, LA
Member since Jun 2019
787 posts
Posted on 10/18/23 at 10:17 am to
quote:

The fear of foreign ownership is irrational.



And to be fair, so is whistling past the graveyard. Hence, my comment about being open to criticism no matter which side you're on.
This post was edited on 10/18/23 at 10:18 am
Posted by Snipe
Member since Nov 2015
15555 posts
Posted on 10/18/23 at 10:36 am to
quote:

Limiting investment is foolish. If the Chinese want to buy land in the US let them. The country was terrified of the Japanese buying up stuff in the eighties and look how that turned out.

It is foolish to deny American asset owners buyers of their assets. If the Chinese take a portion of their dollar reserves and buy a US company that is fine with me. We are then taxing the income of that company and they are paying us.

The fear of foreign ownership is irrational.


This is typical liberal short sightedness.

Liberals are always wrong on these assumptions because they believe the world thinks like they do. All for one and one for all.

They rest of the world and in particular adversaries of the United States say frick all of you all we want what's best for us.

This country has already surrendered nearly 100% of its manufacturing capabilities to foreign countries over the last 50 years, Yes let's give them control of our land as well. Maybe they'll give us a sweet deal on the food they grow there, Oh and those taxed we get off the land, when they decide they don't want to pay it any more what are we going to do to make them pay it. Maybe they decide to stop framing al together and develop it into a giant Chinese sub city for their political buddies to come live the good life.

No other country in the world is a willfully ignorant as the United States of America.

Thanks
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 10/18/23 at 11:05 am to
quote:

This is typical liberal short sightedness.



There is nothing conservative about letting politicians decide who can and cannot invest in American businesses.

quote:

This country has already surrendered nearly 100% of its manufacturing capabilities to foreign countries over the last 50 years,
:rotflmao: :rotflmao: :rotflmao:

You do not have a clue.

Just what do you think a Chinese or any foreign investor is going to do with a US company???? You think they are going to shut it down and flush their investment?

Do you hate the Swiss owned Nestle or the German owned Inbev or any of the other hundreds of foreign owed companies owning plants in the USA??
Posted by TD422
Destrehan, LA
Member since Jun 2019
787 posts
Posted on 10/18/23 at 12:11 pm to
I see I have a downvoter for my "whistling" comment. Downvoter, have the cojones to explain your position, not just keyboard warrior the thing from mom's couch.
Posted by troyt37
Member since Mar 2008
14658 posts
Posted on 10/18/23 at 12:33 pm to
quote:

It is foolish to deny American asset owners buyers of their assets. If the Chinese take a portion of their dollar reserves and buy a US company that is fine with me. We are then taxing the income of that company and they are paying us.

The fear of foreign ownership is irrational.


Who would have guessed IB Chinaman would have this position?
Posted by Tiger971
Member since Dec 2019
303 posts
Posted on 10/18/23 at 12:40 pm to
Posted by LSU2ALA
Member since Jul 2018
2062 posts
Posted on 10/18/23 at 12:47 pm to
quote:

Oh and those taxed we get off the land, when they decide they don't want to pay it any more what are we going to do to make them pay it.


I don’t know. Foreclose on the land like we do any other entity that doesn’t pay taxes. It’s not like they can pack land up and take it home.
Posted by tango029
Member since Dec 2022
531 posts
Posted on 10/19/23 at 10:49 am to
quote:

That is not 100% accurate after Trump's Phase 1. Individual provinces may limit investment but they can also allow full ownership without partners. Limiting investment is foolish. If the Chinese want to buy land in the US let them. The country was terrified of the Japanese buying up stuff in the eighties and look how that turned out. It is foolish to deny American asset owners buyers of their assets. If the Chinese take a portion of their dollar reserves and buy a US company that is fine with me. We are then taxing the income of that company and they are paying us. The fear of foreign ownership is irrational.


What part of phase 1 changed that? You can't purchase land in china period, you can only lease it from the government who owns all land.

You can buy property but only 1 house and you have to have lived there for 12 months prior and intend to use it as your primary home.

There's no "investment" properties that you as an American can purchase in china.
Posted by dchog
Pea Ridge
Member since Nov 2012
26681 posts
Posted on 10/19/23 at 11:35 am to
They got two years to sell.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram