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IPFS News Link • Property Rights

State AGs Blast Biden, Wall Street Plan To Sell Rights To America's Public Lands

• Zero Hedge

Authored by Kevin Stocklin via The Epoch Times (emphasis ours),

The current plan by the New York Stock Exchange (NYSE) to create Natural Asset Companies (NACs), which would buy up land rights throughout America, faced heavy criticism from 25 state attorneys general, who in a Jan. 9 letter urged the Securities and Exchange Commission (SEC) to reject the concept.

"What is happening here is clear," the AGs wrote. "The Commission and the NYSE are seeking to implement a radical environmental agenda through the rulemaking process (and outside the legislative process)."

"This type of decision, particularly given its vast economic consequences, must be left to Congress and not the Commission or the NYSE," they stated.