OF JARED KUSHNER, OF COURSE HE IS A SENIOR ADVISOR TO DONALD
TRUMP AND ALSO HIS SON-IN-LAW.
THIS HAS TO DO WITH KUSHNER
PROPERTIES GOING TO FOREIGN COUNTRIES AND ESSENTIALLY
ADVOCATING FOR INVESTMENT IN U.S. PROPERTIES THEY ARE TRYING
TO DEVELOP IN RETURN FOR WHAT'S KNOWN AS EB5 VISAS, VISAS FOR
WEALTHY INVESTORS WHO PUT MONEY INTO U.S.-BASED PROJECTS AND GET
THIS SO-CALLED GOLDEN VISA, THE ABILITY TO GET A VISA, BECAUSE
THEY ARE RICH AND INVESTING IN U.S. PROPERTIES OR U.S. PROJECTS
--
REMEMBER, IT WAS A BIG STORY WHEN KUSHNER PROPERTIES WENT TO
CHINA, HAD THIS BIG MEETING WITH WEALTHY CHINESE INVESTORS, AND
ESSENTIALLY LET THESE INVESTORS KNOW, HEY, GUESS WHAT, THE
PRESIDENT'S SON-IN-LAW IS CONGESTED TO US, AND IF YOU
INVEST YOU CAN GET THIS VISA -- THEY ARE NOT SUPPOSED TO DO
THAT, THAT'S AGAINST THE LAW.
AND --
THE ONLY REASON WHY I BRING THAT UP IS BECAUSE THIS NEWS
COMES RIGHT AFTER DONALD TRUMP CLAIMS THAT HE WANTS TO LESSEN
LEGAL IMMIGRATION INTO THE COUNTRY, BECAUSE HE ONLY WANTS
TO ALLOW SKILLED WORKERS AND SKILLED IMMIGRANTS.
WHO SPEAK ENGLISH.
WHO SPEAK ENGLISH, BY THE WAY.
I LOVE THAT THE FEDERAL
PROSECUTORS ARE GOING AFTER KUSHER PROPERTIES, BECAUSE THERE
ARE SO MANY NEGATIVE RAMIFICATIONS OF WHAT THEY DID.
NOT ONLY ARE THEY BREAKING THE LAW BY MENTIONING JARED KUSHNER
AND ESSENTIALLY SELLING THEM THESE GOLDEN VISAS, BUT IT'S
ARTIFICIALLY INFLATING THE HOUSING MARKET HERE IN THE
UNITED STATES.
BY THE WAY, THAT TYPE OF FOREIGN INVESTMENT IS
ARTIFICIALLY INFLATING THE HOUSING MARKET IN LOTS OF OTHER
COUNTRIES AS WELL, AND SO IT INFURIATES ME THAT THEY KEEP
GETTING AWAY WITH IT, AND TO KNOW THAT PROSECUTORS ARE
FINALLY DOING SOMETHING ABOUT IT IS GOOD NEWS.
AND FOR THOSE OF YOU OUT THERE WHO SUPPORT DONALD TRUMP BECAUSE
YOU THINK HE'S STRONG ON IMMIGRATION ISSUES, THAT HE
CRACKS DOWN ON ILLEGAL IMMIGRATION -- IT'S ALL A HOAX.
YOU'VE BEEN TOTALLY SUCKERED BY HIM.
BECAUSE HE HAS NO PROBLEM
HIRING FOREIGN WORKERS TO WORK IN HIS COMPANIES, AND THE REASON
WHY HE IS TRYING TO MAKE IT HARDER FOR LEGAL IMMIGRANTS TO
COME IN IS BECAUSE THEN THIS IS THE ONLY WAY OF GETTING IN,
THROUGH THE EB5 VISA, AND THAT MONEY GETS FUNNELED RIGHT TO HIS
FAMILY MEMBERS.
AND HIS WHOLE SCHEME IS SO SIMPLE, ALL HE
WANTS TO DO IS SELF DEAL, MAKE DEALS WITH OTHER COUNTRIES, SO
OUT THE COUNTRY, SELL OUT OUR COUNTRY, AND ENRICH HIMSELF AND
HIS FAMILY.
THAT'S WHAT THIS IS ALL ABOUT.
WHETHER IT'S THE
RUSSIANS, THE CHINESE, THE ARGENTINIANS -- IT DOESN'T
MATTER, HE WILL CUT A DEAL WITH ANYONE TO MAKE HIMSELF RICHER.
WHAT NICOLE KUSHNER DID WAS SHE WENT TO THESE RICH CHINESE
INVESTORS AND SAID, INVEST IN A PROJECT THAT WE HAVE GOING IN
THE UNITED STATES, AND THEN WE WILL GIVE YOU VISAS?
YES.
THAT UNBELIEVABLE.
THAT'S EXACTLY RIGHT.
AND THE TIMING IS INCREDIBLE.
TRUMP
RE-AUTHORIZES THIS PROGRAM, AND THEN A DAY LATER NICOLE KUSHNER
HAS THIS BIG MEETING WITH THESE INVESTORS IN CHINA.
YEAH, IT'S
ALL ABOUT SELLING VISAS TO THE HIGHEST BIDDER.
THING ABOUT THAT -- IT'S NOT A COINCIDENCE THAT THOSE DATES
LINEUP LIKE THAT.
NICOLE KUSHNER PROBABLY HAD THAT MEETING SET UP
WITH THE CHINESE, AND THROUGH BACK CHANNELS OR EITHER DIRECTLY
THROUGH TRUMP AND HIS PEOPLE, SAID YOU HAVE TO REAUTHORIZE
THIS RIGHT AWAY BECAUSE OTHERWISE WHEN I PITCH THEM
TOMORROW THEY AREN'T GOING TO INVEST, SO PLEASE DO IT RIGHT
AWAY.
COME ON, GUYS.
THIS IS RAMPANT AND OBVIOUS OVER-THE-TOP
SELF-DEALING.
I JUST WANT TO TALK ABOUT THIS AND IMMIGRATION AND ALL THAT FOR
A LITTLE WHILE LONGER, BECAUSE I THINK A LOT OF PEOPLE ARE MISLED
ABOUT WHAT GOES ON WITH IMMIGRATION, OR HOW FOREIGNERS
HAVE A NEGATIVE IMPACT ON OUR LIVES.
I KNOW THAT WE GET
PAINTED AS BLEEDING HEART LIBERALS OR WHATEVER, BUT I'M A
REASONABLE PERSON.
IF IMMIGRATION IS HURTING AMERICANS
AND THEIR JOB PROSPECTS, THEN YES, I WANT TO BALANCE IT.
I'M
NOT SAYING LET'S OPEN OUR BORDERS AND LET EVERYONE IN, I
THINK IT IS A DELICATE BALANCING ACT AND UNFORTUNATELY WE DON'T
HAVE PEOPLE WHO ARE HAVING SINCERE DISCUSSIONS ABOUT THIS.
WE HAVE A LOT OF DEMAGOGUES, A LOT OF NEGATIVE FRINGE
INDIVIDUALS WHO GET ALL THE ATTENTION AND THEY BASICALLY
MONOPOLIZE THE CONVERSATION, BUT I THINK IT MAKES SENSE TO HAVE A
REAL ANALYSIS OF THE IMPACT OF IMMIGRATION, AND MAKE SMART
POLICY DECISIONS BASED ON THAT.
BUT IF YOU REALLY WANT TO FOCUS
ON HOW FOREIGNERS ARE HARMING AMERICANS ECONOMICALLY, THIS
TYPE OF INVESTMENT IS HARMING US ECONOMICALLY, RIGHT?
WE ARE
LITERALLY SELLING VISAS TO WEALTHY PEOPLE ABROAD WHO EITHER
WANT THE VISAS, OR TO BE QUITE HONEST WITH YOU, ARE LOOKING TO
LAUNDER THEIR MONEY.
WE HAVE PEOPLE LAUNDERING THEIR MONEY
FROM RUSSIA, AND THEY DO SO BY BUYING PROPERTIES HERE IN THE
UNITED STATES.
SAME WITH CHINA.
THAT'S A BIG PROBLEM AND I WANT
TO DO SOMETHING TO STOP IT RIGHT AWAY.
AND ALSO HERE'S ANOTHER
THING -- TRUMP TALKS A BIG TALK ABOUT EMPLOYING AMERICANS.
OKAY,
SO IF YOU WANT TO EMPLOY AMERICANS, WHY ARE YOU RAISING
THE CAP FOR FOREIGN WORKERS TO COME HERE TO THE UNITED STATES
AND TAKE AMERICAN JOBS, PARTICULARLY JOBS THAT YOU NEED
FOR YOUR PROPERTIES?
PROPERTIES IS LOOKING TO HIRE MORE FOREIGN
WORKERS, THAT IS WEIRD.
DOESN'T THAT SEEM INCONSISTENT WITH WHAT
TRUMP WAS CAMPAIGNING ON?
HE DOESN'T CARE ABOUT YOU GUYS.
AND
I'M NOT JUST SAYING THAT BECAUSE I DON'T LIKE THEM, I'M SAYING
THAT BECAUSE I KNOW FOR A FACT HE DOESN'T PRACTICE WHAT HE
PREACHES.
WHY IS HE BRINGING IN FOREIGN WORKERS IF HE CLAIMS HE
WANTS AMERICANS TO WORK THOSE JOBS?
HE'S JUST FULL OF IT, MAN.
AND TO PAINT A CLEAR PICTURE AS TO WHY THESE FOREIGN
INVESTMENTS HURT THE U.S. ECONOMY IN MANY WAYS IS THAT,
FOR EXAMPLE, HERE IN LOS ANGELES THERE IS A NEIGHBORHOOD CALLED
MANHATTAN BEACH.
IT'S BEAUTIFUL, IT'S A BEAUTIFUL BEACH
COMMUNITY, AND THERE IS A FINITE NUMBER OF HOUSES RIGHT AROUND
THE OCEAN.
SO WHEN I FIRST MOVED TO L.A. BACK IN 1992, THOSE
HOMES WERE A COUPLE HUNDRED THOUSAND DOLLARS.
AND I KNOW
PRICES GO UP.
BUT NOW JUST THE LOTS ARE SELLING FOR $10 MILLION
EACH.
AND IT'S ANOTHER 5 MILLION OR SO TO PUT UP A HOUSE THERE.
BECAUSE THERE ARE ONLY MAYBE 100 OF THOSE HOMES, AND THAT'S BEING
IMPACTED BY SUPER RICH CHINESE AND SUPER RICH RUSSIANS.
MANY OF
THOSE HOMES REMAIN EMPTY.
AND THEY DRIVE UP THE PRICES FOR
EVERYONE IN THE NEIGHBORHOOD SO AMERICANS ARE NOW PRICED OUT OF
THOSE HOMES.
IF YOU ARE EARNING UPPER-MIDDLE-CLASS INCOME, IT'S
ALMOST IMPOSSIBLE FOR YOU TO OWN HOMES IN CERTAIN AREAS OF THIS
COUNTRY, AND IT'S BECAUSE OF THOSE FOREIGN INVESTORS.
AND
ANOTHER THING I WANTED TO NOTE, THERE ARE LAWS AND REGULATIONS
THAT STATE IF YOU BUY A HOME YOU NEED TO LIVE THERE FOR X AMOUNT
OF YEARS, YOU CAN'T JUST BUY IT AND USE IT AS AN INVESTMENT WHEN
IT STAYS EMPTY.
SO NOW THERE ARE COMPANIES POPPING UP THAT
LITERALLY TRY TO MAKE IT SEEM LIKE THERE IS SOMEONE LIVING
THERE WHEN THERE IS NO ONE LIVING THERE AT ALL.
THEY WILL
PUT SHOES AT THE FRONT DOOR -- IT'S ABSURD.
THAT'S WHAT'S
REALLY GOING ON, AND I THANK THESE FEDERAL PROSECUTORS IN NEW
YORK FOR GOING AFTER KUSHNER PROPERTIES FOR DOING THIS, BUT I
WANT THEM TO BROADEN THEIR SCOPE AND NOT HYPERFOCUS ON JUST WHAT
KUSHNER PROPERTIES ARE DOING BECAUSE THE REALITY IS THERE ARE
A LOT OF OTHER DEVELOPERS OUT THERE DOING SOMETHING SIMILAR.