Here is my beef with the state of the nation for today. This is my letter I wrote to pretty much everyone today (this copy went to the presidential candidates). Agree with me or not, whatev. But if you do happen to agree, write your representative! If you don’t, love me anyway.
A New York Times article today about increasing foreign investment touched a nerve that has been getting more raw for me over the past months which I feel should be part of the election debate:
I am an independent, and I actually am fine with most immigration, as most of us got here that way one way or the other, and the land we’re protecting once belonged to many of those we’re protecting it from anyway.
But we are so distracted by concern about Mexicans coming over the border to pick our fruit and clean our houses that we are failing to notice thousands of non-citizens buying up land and homes in the US, taking advantage of a weak dollar and an ailing economy.
While working Southern Californians like me can never hope to own a home here, wealthy investors from foreign nations are snapping up (even over-priced) property with ease, making the American dream even more distant for regular American families like ours.
At the same time, we allow investment firms operated by Arab nations to “save” our nation’s banks and corporations, assuming the benefit of propping our tumbling stocks will outweigh the long-term impact. Our government continues to borrow money from some of these same nations, even those with vast idealogical differences, to support our spending habits. The years ahead will show how short-sighted this is.
THIS PROBLEM WILL HAVE MUCH MORE LONG-TERM IMPACT on Americans’ lives than illegal immigration of low-skilled and migrant workers doing our unpleasant work. This needs urgent attention. If Americans were aware of the extent and the pace of this investment, they would be alarmed, whether they leaned left or right. Action needs to be taken to protect our ability to have our own home, and not just rent our American homes from foreign and immigrant landlords, however nice they may be.
As a candidate, as a senator, and if you win the White House, please protect American land for American citizens and start now to set strict limits on the purchase of American property by non citizens. Please don’t wait until after the election, but help make this a needed part of the election discussion.