Bill Gates on the conquest of agricultural land in the USA: someone wants to stop him
An entity linked to billionaire Bill Gates bought 2,100 acres, about 850 hectares, of potato land in North Dakota, prompting the Chief State Attorney to step in after complaints from local residents . Eventually someone began investigating huge agricultural land purchases and banning further purchases . In total, Gates and his subsidiaries own a total of 270,000 acres of land, about 110,000 hectares, practically a state within a state.
Public records cited by AgWeek show that the Gates-linked Red River Trust purchased farmland from the owners of Campbell Farms, a group of potato growers based in Grafton, North Dakota, about 50 miles from the border with Canada.
North Dakota Agriculture Commissioner Doug Goehring told KFYR that public reaction to the purchase was largely negative, with strong protests from neighbors, and this ultimately led to the state in the form of the Attorney, to intervene. Red River Trust, which bought this land, is connected to an agricultural investment platform called Cottonwood which is owned by Bill and Melinda Gates. So North Dakota Attorney General Drew Wrigley wrote a letter to the Red River Trust, notifying them that corporations and limited liability companies are "prohibited from owning or leasing farmland or ranches in the state of North Dakota."
Wrigley wrote that these entities were also prohibited from "engaging in agricultural or livestock activities". So the company headed by Gates is, for the first time, hindered in a land purchase.
Gates is showing a historical trend that, in Europe, we have already seen at the end of the Italian Renaissance, when families enriched with industry, commerce and finance bought land, giving up their entrepreneurial activities and reducing themselves to being income earners. Maybe very powerful income-earners, but ceasing to be active elements of the society and economy of their cities, driving them towards decadence. We have seen the same thing with Benettons recently, and now we see it in the USA. The decline always begins with that of the ruling classes.
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The article Bill Gates on the conquest of agricultural land in the USA: someone wants to stop him comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/bill-gates-a-la-conquista-della-terra-agricola-negli-usa-qualcuno-vuole-fermarlo/ on Sun, 26 Jun 2022 14:13:17 +0000.