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tj444 -> RE: Kushner family pushes $500,000 ‘investor visa’ to wealthy Chinese (5/9/2017 1:47:11 PM)
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quote:
ORIGINAL: MrRodgers
Not the same. Your example would only be a parallel if Anthony Rodham was in China (or another country) himself, telling them that if they invested in [his] property or business (from which they would personally profit) they could get a visa.
This OP is about the president's family directly soliciting and receiving money for a property they owned and not 'run by.'
You say that its somehow different, I dont see that it is.. both Anthony Rodham & Kushner's sister were dropping names to get investors.. name dropping is name dropping, no matter where or how its done..
"The brief bio of Tony Rodham on the website of a Philadelphia investment fund is vague about his business expertise but explicit about his political ties: “Mr. Rodham has worked with former President Bill Clinton on all his campaigns, from the House of Representatives to the Presidential Campaigns. … Mr. Rodham also worked for his sister, Hillary Rodham Clinton, during her Senate and Presidential Campaigns.”
The firm, Global City Regional Center, touts Rodham’s role recruiting overseas investors who will put up $500,000 in exchange for visas to live in the United States.
Rodham’s involvement in the Philadelphia firm, which has not been previously reported, represents another example of his work for investment firms offering so-called EB-5 visas to foreign investors.
The report issued last week by Inspector General John Roth declined to pass judgment on Rodham and McAuliffe, but it detailed a series of contacts with senior DHS officials that led agency whistleblowers to conclude that the car project and others with well-connected advocates received preferential treatment.
Rodham’s investment firm and the car company came under review by the agency’s anti-fraud section, and one employee noted in a report that Rodham’s sister headed the State Department, according to a document released in 2013 by Sen. Chuck Grassley (R-Iowa).
Rodham’s role as a traveling salesman for the controversial EB-5 visa program could pose questions for Hillary Clinton, the Democratic Party front-runner in the presidential race. Her brothers, Tony and Hugh, have been involved in various overseas business ventures, and Clinton’s political opponents have accused them over the years of trading on the Clinton connection. "
http://www.politico.com/story/2015/04/touting-connections-hillary-clintons-brother-takes-on-philly-project-116596
But Kushner's sister is doing what imo is bad & what imo Americans should be equally concerned about (apart from name dropping), she is apparently lying about the project itself.. not to mention, the tax abatement has been cut and they lost their major prospective tenant..
"Oddly, the version Meyer promoted in China is bigger, grander and more than twice as expensive as plans pitched to the New Jersey Economic Development Authority in November 2015. It will cost nearly $1 billion, including $150 million from Chinese investors, $301 million in owner equity and $525 million in debt, according to a pitchbook for an upcoming meeting in Guangzhou. It will have more than double the 744 apartments originally proposed to New Jersey."
https://www.bloomberg.com/news/articles/2017-05-08/kushner-project-touted-by-sister-in-china-is-in-trouble-at-home
For those that ask about jobs created with development projects..
"“Real estate is probably the most common EB-5 project,” said Yale-Loehr. “You can’t count the construction workers themselves since they don’t work for two years, but you are allowed to count the indirect effects. … As long as economists use a standard econometric model, the immigration service says ‘Fine.’” "
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