Monday, May 8, 2017

EB-5 Visas and President Trump

So, it seems the Democrats, specifically the Clinton Familily ones, weren't the only ones taking advantage of donations from the Chinese looking for U.S citizenship on a fast track.  It turns out that Jared Kushner of Kushner Companies was doing the same thing.  The Wall Street Journal, Reuters and a host of others are both reporting on it today.  We note the Washington Post and CNN were quick to point out the same thing, but said nothing when the investigation of Terry McAuliffe was going on in Virginia over his links to the same thing in the Hillary Clinton campaign.  McAuliffe was even mentioned in the Homeland Security report on abuses of the program for trying to influence DHS to give more visas to people in Virginia.   According to that report he was harassing the Deputy Director of DHS to get what he wanted.  Over 90% of the EB-5 visas go to Chinese nationals who then get a green card and a fast track to citizenship that is clearly unjust.

Perhaps now we can get some bipartisan momentum to do away with this stupid program that allows rich foreign nationals to buy U.S citizenship.  Once they have a green card they can donate to election campaigns in the U.S.  That is all it takes to be legal.  That money is going into political parties which are reluctant to give it up.

This is while people who have applied 10 years ago can still not get theirs granted.  They didn't have half a million dollars to buy that piece of paper.  I don't blame investors or those running these large construction projects for seeking this kind of money.  It benefits both sides, but it sure doens't benefit the long line of people who have applied for citizenship and have been waiting forever.

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