Friday, January 10, 2025

President Trump should block private firms from buying up scorched LA land

 As the California wildfires continue without control, Jack Posobiec compared the situation to the 1947 film Chinatown, which deals with water resource manipulation for profit. He suggested that corporations, including Blackrock and the Chinese Communist Party, are eyeing Southern California for real estate opportunities as property values drop. Posobiec urged President Trump to impose a ban preventing large private equity firms or foreign groups from buying distressed properties in disaster-stricken areas like Palisades, East Tennessee, and Maui. He emphasized that the issue revolves around control of water and power resources. 

https://humanevents.com/2025/01/09/jack-posobiec-president-trump-should-block-private-firms-from-buying-up-scorched-la-land

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