The Treasury Department issued a new proposal Monday to expand the Committee on Foreign Investment in the U.S.’ (CFIUS) ability to prevent certain foreign-linked companies from buying up land near U.S. military installations inside the country. The proposed rule would stonewall both Cnano USA and Gotion Inc., two separate subsidiaries of Chinese-based companies that planned to buy land and build plants close to military installations in Michigan, Illinois and Kansas. Gotion Inc. was also approved for $536 million in state subsidies to build its plant and additional tax breaks to rake in hundreds of millions in additional dollars, the office of Democratic Gov. JB Pritzker said.
No foreign nationals or companies should be able to purchase farm land in the US. Period. Foreign countries should not control our food source.
Lana
1 year ago
And the one who is drooling to be president, unfortunately Illinois governor, welcomes the Communist Party with open arms. He is a Traitor, we know that.
Last edited 1 year ago by Lana
Frank Miller
1 year ago
Picture hundreds of Chinese nationals flying drones at targets within the U.S., from their new command and control center, the “EV manufacturing plant”. Wild speculation and unsubstantiated conspiracy theory or distinct possibility? I can’t see what difference it makes if the proposed plant is 50 miles away or hundreds of miles away. Why not build the plant in China?
Dan
1 year ago
I’m wondering when Gotion will be refunding the advance payments made by JB and the state of Illinois?
Yeah, and when will we, the taxpayers, see all of those millions in taxpayer subsidies redirected to us? I know, we live in Illinois, so the answer is “never.” They’ll use that money on more projects to benefit us, LOL.
JackBolly
1 year ago
Oh snap!!! Going, going… soon gone. Another fat failure for Pritzker. Taxpayers can take a breath though – the pork pie won’t get cooked.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
No foreign nationals or companies should be able to purchase farm land in the US. Period. Foreign countries should not control our food source.
And the one who is drooling to be president, unfortunately Illinois governor, welcomes the Communist Party with open arms. He is a Traitor, we know that.
Picture hundreds of Chinese nationals flying drones at targets within the U.S., from their new command and control center, the “EV manufacturing plant”. Wild speculation and unsubstantiated conspiracy theory or distinct possibility? I can’t see what difference it makes if the proposed plant is 50 miles away or hundreds of miles away. Why not build the plant in China?
I’m wondering when Gotion will be refunding the advance payments made by JB and the state of Illinois?
Yeah, and when will we, the taxpayers, see all of those millions in taxpayer subsidies redirected to us? I know, we live in Illinois, so the answer is “never.” They’ll use that money on more projects to benefit us, LOL.
Oh snap!!! Going, going… soon gone. Another fat failure for Pritzker. Taxpayers can take a breath though – the pork pie won’t get cooked.