DYSPEPSIA GENERATION

We have seen the future, and it sucks.

The Democrats Plan to Nationalize Land, Democratic Socialism in Action

18th July 2019

Read it.

A Wall Street Journal editorial of July 10th lays out what the House Democrats’ most recent socialist scheme (H.R.3195 – Land and Water Conservation Fund Permanent Funding Act) is all about. In June, the Democrats who sit on the House Natural Resources Committee passed H.R.3195, which is currently winding its way through the House. This bill mandates permanent funding of $900 million to the Land and Water Conservation Fund (LWCF) each year. This would be a whopping two and a half times greater than the Fund’s average annual expenditures over the past 15 years. Just what does the LWCF do? The Fund was created in 1964. It is primarily funded by federal oil and gas drilling royalties. Its main activity has been to gobble up private land (read: nationalize) and put it under government ownership, management, and political control. Among other things, this means that the newly nationalized lands will be poorly managed.

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