The Saudis buy California and Arizona
- The U.S. is allowing dictatorships like the Saudis, Communist Chinese and others to buy up American natural resources. With the purchase of businesses these foreign governments also gain massive amounts of political leverage and power.
(CNBC) - Saudi Arabia and other Persian Gulf countries are scooping up farmland in drought-afflicted regions of the U.S. Southwest, and that has some people in California and Arizona seeing red.
Saudi Arabia grows alfalfa hay in both states for shipment back to its domestic dairy herds. In another real-life example of the world's interconnected economy, the Saudis increasingly look to produce animal feed overseas in order to save water in their own territory, most of which is desert.
Privately held Fondomonte California on Sunday announced that it bought 1,790 acres of farmland in Blythe, California — an agricultural town along the Colorado River — for nearly $32 million. Two years ago, Fondomont's parent company, Saudi food giant Almarai, purchased another 10,000 acres of farmland about 50 miles away in Vicksburg, Arizona, for around $48 million.
|Americans are selling off their land|
and natural resources to foreign
nations for a few quick dollars.
But not everyone likes the trend. The alfalfa exports are tantamount to "exporting water," because in Saudi Arabia, "they have decided that it's better to bring feed in rather than to empty their water reserves," said Keith Murfield, CEO of United Dairymen of Arizona, a Tempe-based dairy cooperative whose members also buy alfalfa. "This will continue unless there's regulations put on it."
In a statement announcing the California farmland purchase, the Saudi company said the deal "forms part of Almarai's continuous efforts to improve and secure its supply of the highest quality alfalfa hay from outside the (Kingdom of Saudi Arabia) to support its dairy business. It is also in line with the Saudi government direction toward conserving local resources."
Alamarai did not respond to CNBC requests for an interview.
"We're not getting oil for free, so why are we giving our water away for free?" asked La Paz County Board of Supervisors Chairman Holly Irwin, who represents a rural area in western Arizona where food companies affiliated with the Saudis and the United Arab Emirates have come to farm alfalfa for export.
Added Irwin, "We're letting them come over here and use up our resources. It's very frustrating for me, especially when I have residents telling me that their wells are going dry and they have to dig a lot deeper for water. It's costly for them to drill new wells."Read More . . . .
The Modern Serf
Workers will become "Serfs" in their own nations as foreign companies
and governments own land and businesses.
The Road to Serfdom Series
The world is moving toward a modern form of Neo-Serfdom where everyone works for the all-powerful State, businesses controlled by the State or businesses that have bought "protection" from the State. A world where individual property rights and freedom do not exist.
Freedom is slowly vanishing. What happens when the major employers are owned by government backed investment groups, or your food comes from government owned farms, or your news is delivered by so-called "private" corporations that are in reality connected and interconnected to governments?
George Orwell had a name for it: Big Brother. Benito Mussolini had a name too: Corporatism or Fascism.
Please check out other stories in our Serfdom series.
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THE FEDERALIST - "Chinese 'Food Colonies' set up in Canada, the U.S and the Ukraine"
THE FEDERALIST - "Chinese Communists buy U.S. pork giant"
THE FEDERALIST - "A Massive Theft of Cambodian land by Europe"
THE FEDERALIST - "Private property confiscated in Ethiopia & sold to multi-national corporations."
THE FEDERALIST - "Tax Slavery American Style - Feds Profit off Student Debt."
THE FEDERALIST - "Slavery returns to Europe"