Foreign LLC continues to acquire land in California critical to energy and national defense.
FAIRFIELD, Calif. (KGO) – The United States Air Force is investigating a company that’s purchased $800 million of land near Travis Air Force Base, one of the most critical military bases in the U.S. But after eight months of investigation, government officials have been unable to identify who’s behind it nor rule out any threat to national security.
Flannery LLC was founded 4 and 1/2 years ago and was registered to a Washington DC-based law firm.
There is no information about the actual ownership of this LLC. The previous Reddit thread from 4 years ago has some interesting tidbits of information that you may be interested in reading in addition to the new article.
https://www.reddit.com/r/Sacramento/comments/c96bkb/a_mysterious_corporation_has_quietly_bought/
What’s additionally interesting is that the land that they acquired around Travis Air Force Base will be bayfront property with future sea level increases of between 3 to 5 ft. NOAA has predicted the sea level increase will blow by that with a 7.2 ft average global sea level rise by 2100.
So either we have a secretive Chinese back shell company acquiring critical infrastructure and land for spying on American military assets, or a very optimistic wealthy investor with way too much money and is getting creative in what kind of investment schemes they park their money in.
Its basic logic.
The US has political and economic competition in the globe, and, for some reason, allows those competitors to purchase land in the US.
An unidentified entity is purchasing huge amounts of land for well above market price near important military and civilian infrastructure.
Which is more practical, to assume an enemy is doing enemy things and attempting to spy on/sabotage you, or to assume everything is 100% innocent.
I would much rather myself and my government assume the former until proven otherwise, as assuming the latter only has negative outcomes.
You have zero evidence that China is involved. Your claim I responded to was that either it was China or a speculator buying beachfront property for 2100. That was a spectacularly ridiculous false dichotomy.
As you would know If you read the link that explained exactly what Flannery LLC is up to: they are buying agricultural land all over California. There is no mystery here.
I would like you to quote or link me to the comment where I said such a thing.
If you actually read my comments. I haven’t said much at all.
I would like you to quote or link me to the comment where I said such a thing.
All I’ve said so far is we shouldn’t assume it’s not china, as we don’t know who it is and assuming everything is hunky dory is naive and dangerous.
Buying it up at well above market value. Why are they paying too much for land, and where does a company with no known owners/directors have $800 million?