Drudge Retort: The Other Side of the News
Wednesday, August 04, 2021

While billionaires like Bill Gates buy up all the nation's farmland, Wall Street investors snatch up every home they can get their hands on.



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Welcome to Capitalism. At least its not as bad as it was 100 years.

#1 | Posted by Sycophant at 2021-08-04 12:02 PM | Reply

Wrong. It's far worse. People 100 years ago could live off the grid and many did.

Now everyone is tracked by their phone or other widgets. There is no barter economy. Cash is king. Subsistence agriculture is almost non-existent. 320,000,000 people are living on the space occupied by 75,000,000 100 years ago.

Global warming and disease threaten our world and thousands of species large and small are going extinct.

Dystopia, Anyone?

#2 | Posted by Effeteposer at 2021-08-04 09:55 PM | Reply | Newsworthy 1

It's almost like the deck was stacked intentionally.
1. Lower the bar to getting a loan
2. Sell the loans in bundles to REITs
3. Foreclose on those in default
4. Wholesale properties to corporate investors
5. Rent homes back to the foreclosed on
6. Sell stocks to buy more/ build more high density urban dwellings
7. Squeeze farmers out for environmental do-goodism
8. Outsource farming to countries without environmental standards
9. Claim you are saving the world

We're ------.

#3 | Posted by lee_the_agent at 2021-08-05 01:55 PM | Reply | Newsworthy 1

#2> So True.

I remember hearing stories from my WW2 veteran Father about growing up on a farm in South Carolina, during the Depression. They had cows and hogs, grew their own food and canned. That's how many Americans survived back then.

Those days are over. We're totally dependent on companies to provide. And despite the huge advance in high tech, we've lost all our privacy. The surveillance capabities of all the various law enforcement agencies are chilling.

Welcome to Corporate Totalitarianism!!

#4 | Posted by shane at 2021-08-07 10:29 AM | Reply

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