Tuesday, October 25, 2011

Welcome to America, terrorists and drug lords!

Apparently it's not enough for some people that the highest levels of our federal law enforcement is already helping criminals get guns; So now some Senators want to encourage foreign investors to make cash puchases of expensive homes in exchange for a US visa. A new immigration bill is being proposed and one facet seeks to entice foreign buyers to make cash purchases of residential real estate of at least $500,000 by giving them a visa for doing so.

This abortion of logic is a bipartisan travesty between Chuck Schumer (D-NY) and Utah Republican Mike Lee. What could possibly be more enticing to criminals than large cash purchases in exchange for preferential treatment under visa and citizenship laws? And how would these cash transactions be assessed to prevent laundered money or profits from criminal enterprise from being used for the purchases? A government that can't secure our borders is hardly competent to police such transactions.

The impetus for this provision appears to be the fact that foreign real estate investments helped prevent the housing crisis from being even worse. But since the main goal of the US government is now to punish those with assets and tax them into the poorhouse, investing in our nation is hardly a tantalizing prospect for foreign investors who are free to invest in nations with more reasonable goals and tax structures. A sensible way to entice foreign investors would be tax breaks, including protection from future tax increases over the immediate future, say, 5 years. But as usual, Washington strives to hammer home the point that there's no room for sensible decisions in government. 


Anonymous said...

The reason is so simple. Drug business is run on US by American Drug lords "White collar Criminals", when Mexican Cartels are hunted by Mexican Army, and Dismantling as much as they can. Drug real Lords what actually is a taboo The American Real Cartels are scaring shit due the traces are soon pointing to them and there are less Mexican Drug lords and cartels to blame.
Is just Common sense Real Drug lords are not in Mexico, neither the operation brains are there, are on US making business as usual.
Is no-brainier that media in us had evaded to try to find them, well if you really analyse it ... who do you think controls the media?, who pays expensive cars and clothes to TV hosts and journalists? who are those Investors?
Hmmm American decent well educated Drug Lords!
Check this Video and http://www.youtube.com/watch?v=eMRBl4sn1VQ and check this
The answer is so simple.
Stop consuming. Put on Jail American Dealers (drug lords) and Cartels will dissapear.

Glenn Raymond said...

Another example of governmental stupidity! I am begining to wonder if our leaders are morons, or unbearably corrupt.