China. Visas. Immigration. Trump Bay Street. Trump. Kushner Companies. Corruption. America For Sale. Double standard. (The Red Chinese press in Chinese on the Web has been active with this story over the last few days, including the Chinese Communist Party official "People's Daily". ("Ren Min Ri Bao"/China.cn, etc.) Wonder how many of these were PRC government agents, PLA General's and their families, and other jetsam and flotsam from Beijing heading for New Jersey.) "China's killing us", right?
Wannabe nippon ninja, resize next time.
PRC Ping!
The Federal EB-5 visa program provides foreign investors with a US green card, for them and their families, and (after two years) permanent resident status in exchange for agreeing to invest $500,000 in an approved US business. In recent years the majority of EB-5 foreign investment funds have been from wealthy Chinese. EB-5 provides a safe place for their cash outside of China. Is it possible Donalds EB-5 immigrant investors are issued a Trump visa card?
The Trump investors EB-5 money is for a 50-story luxury apartment building in New Jersey only a short distance from Lower Manhattan. It is licensed under the Trump name and run by the Kushner Company. Jared Kushner is married to Trumps daughter Ivanka.
The EB-5 is a jobs generator...It encourages foreign businessmen to bring in funds to invest in businesses in the US.
What is the problem with bringing bringing money into the US from China or anywhere else? This is really the opposite of sending US dollars abroad.
When will Trump start eating kittens and stomping on puppies with big spiky boots made by Vietnamese children?
Done for the night (or morning)... will end by saying
Nice graphic from your “source” Green Mountain Daily...clearly factual clear and balanced reporting LOL
Chinese trolls trying to trash Trump ?
I understand that some chinese croocks and buddies are a little bit affraid about TRUMP !
And they should be affraid .....
For a minute there I thought this was a real news story from a real newspaper.
This is one of the all-encompassing reasons Im backing Trump. In the name of global warming our government is experimenting with social engineering providing high density housing along bus and light rail routes and deliberately creating traffic congestion they call calming.
The Department of Transportation did a study and found Americans dont want to move into these apartments but recent immigrants will. Recent immigrants are more apt to take public transportation. Here in California, the push is on for subsidized housing for the poor, their goal is 20 percent of the units. The Department of Transportation wants to interconnect these dense neighborhoods with high speed rail.
Then HUD came out and demands that every city turn in a yearly report on demographics to see if cities are taking care of the poor. HUD wants to override local zoning codes.
There are no American companies bidding on Californias high speed rail, they are all based in other countries. Countries that are attracting our companies with their lower corporate tax on foreign investments while we here in the U.S. saddle our companies with the worldwide system of taxes. This is the trillions of dollars Trump wants to bring home. We are using tax payer money for foreign engineering, the trains themselves, foreign busses and light rail trains.
https://en.wikipedia.org/wiki/Tax_inversion
The U.S. is unique among developed nations in imposing both a high statutory corporate income tax rate of 35 percent (effective corporate tax rates are lower) and imposing tax on the profits that domestic corporations collect from their subsidiaries abroad. This policy of taxing foreign profits is called a “worldwide” system of taxation, and it contrasts with the “territorial” system employed by most developed countries including the United Kingdom and Canada, which generally tax only profits from domestic activities.
In the LA Times excerpt below I suspect that EB-5 Visa is employed. I dont have a problem with foreigners investing in America. I do have a problem with our government giving taxpayer money to them. In this article it does not state that these guys are from India, which is my assumption due to the fact they are expected to be hiding in India.
How much of our taxpayer money goes to foreigners and why?
http://www.latimes.com/local/lanow/la-me-ln-housing-indictment-20160205-story.html
David Zahniser and Shashank BengaliContact Reporters
Two executives at a Los Angeles-based real estate development company and two of their employees have been indicted by a federal grand jury on charges they defrauded government agencies of millions of dollars in funds for housing low-income families.
The 67-page indictment says Salim Karimi and three others at Advanced Development and Investment Inc. engaged in a conspiracy to fraudulently obtain more than $50 million in loan proceeds for affordable housing projects in Chinatown, Hollywood, Glendale and elsewhere.
As part of the scheme, Karimi and others submitted fraudulent invoices that significantly overstated the true costs of framing, plumbing, drywall and other construction work at affordable housing projects that were built with taxpayer support, according to the federal grand jury indictment, which was filed in 2014 and unsealed earlier this week.
Oh noze! Working under the existing system to do more with what he has - him and about 98% of all the others with assets like he has built - despite the screwed up system that he berates. Would be stupid to throw money away or do less with it “to make a statement” (we already did similar by allowing Obama to be elected - twice... where did that get us?????).
Business. His duty is to his stockholders. What he did was not desirable, but neither was it illegal.