Amidst the big hullabaloo over Trump’s proposal for $5-million “gold cards”, I want to remind everybody that this already exists. I wrote about it on this blog over a decade ago. These are called “investor visas” and, if I’m not mistaken, the current price tag is around a million bucks. And I vaguely remember that it can be lower depending on the type of investment.
Trump is simply raising the price on something that has existed for decades. If people have a problem with this (and I’m not saying they shouldn’t), it’s hard for me to understand why the problem appeared today and not when EB-5 was first created back when, I think, the USSR was still in existence?
There’s been inflation, so understandably the price should go up.
I’d love for this scheme to have some strings attached to it. Something like a 10+ year pathway to citizenship, zero public benefits (if you’re rich you don’t need this anyway), and if you commit any crime, you go back and we forfeit the money.
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Right now, I think it’s 7 years to citizenship. I agree completely on the benefits and crime provisions.
We’ve been handing benefits even to illegals, and it’s time to rethink the entire concept.
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Somewhat related, what do you think about the idea of birthright citizenship? Among all the countries in the west, this is something that is unique to only america and canada.
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The anchor babies practice needs to be repealed as soon as possible. It’s beyond crazy that every drug lord can drag a pregnant mistress across the border and win citizenship for the whole clan as a result of this heroic feat. This needs to go.
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I agree. I feel that a lot of laws in america (and the west in general) were created with the assumption of a high trust society continuing in perpetuity. The west is just not equipped to deal with people from low trust societies who will scheme and lie about anything to get ahead. Western communities are the equivalent of quokka habitats in those remote islands where they don’t have any natural predators. It’s too easily destroyed because it takes an enormous amount of energy and discipline to fight against entropy and you need everybody in society to participate in this endeavor.
The natural state of the rest of the world is entropy and decay.
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This is beautifully put. Many people don’t even realize how precious and rare is what we have here. An historical and geographic oasis. It needs to be nurtured like the treasure that it is.
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“created with the assumption of a high trust society continuing”
Exactly. This is also a problem in high-trust areas of Europe.
Unfortunately the retards who thought it would be a good idea to bring millions of people from psychotically low trust societies to places like the Netherlands and Sweden assumed that people’s basic values can be shaped by centralized regulations and clever policy proposals.
Bad money drives out good, as they say. It also works with culture: Low trust behavior drives out high trust behavior.
So the beautiful dream of a rainbow, secular monoculture turns into judges fining people who have a problem with child rape
https://www.nius.de/kriminalitaet/news/mehr-strafe-vergewaltiger/1a6bae19-90cd-4fe0-b068-778cffce59f0#google_vignette
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Jesus, that story. I remember waves of protests in the US when a politician bleated something about “real rape.” And over there it’s perfectly fine to speak of “low-intensity rape” and let a pedophile rapist go free while mocking his victim. No feminists in pink hats, no outrage. These are the Europeans who prattle ceaselessly about human rights. I just can’t get over it.
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Though this isn’t a particularly meaningful change, making the requirements more stringent can only be a good thing.
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https://x.com/mtracey/status/1894532702772097087
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Interesting.
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“These are vetted people. These are going to be great global citizens”
Vetted by who? I would bet a _lot_ that the ‘vetting’ process involves making sure the 5 million clears.
And “global citizens”? Bye nation state your government no longer wants you and is offering you up to the highest bidder.
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Yeah, it’s a bad idea.
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How do you vet a capo, a drug lord or a brothel owner who can easily buy any type of paperwork in his country guaranteeing that he’s perfectly law-abiding? Raising the cap is a good idea because at least it kind of narrows the pool to the most successful drug lords and whore runners.
But maybe it’s good that this topic was brought up because nobody except me objected to it and now more people have become aware.
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I don’t believe a cent of it will go towards the national debt. This whole scheme is a bad idea but it’s been in place for almost 40 years and I don’t trust anybody who suddenly developed a dislike for it just because Trump mentioned it.
I, on the other hand, have hated it since I knew it existed, so my hatred is sincere.
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If they are “global citizens”, why do they need a US passport? Let the Global, whatever that is, issue their papers.
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Sort of on topic: In another feat of diplomatic genius… the Trump administration is bringing the Tate brothers (famous pimps and scum of the earth) home! Apparently a couple of people in his administration are big fans of the pimp hand for dealing with ho’s.
https://x.com/DrewPavlou/status/1895015354403094853
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What is it with society (or even the world) that issues which have been problematic for the longest time without ever having been addressed, when they finally DO get mentioned they’re presented as some “recent phenomenon” or “recent development” or one that’s “recently been getting a lot of complaints” from the “community”?
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What can I say if even professors at my university are blaming the upcoming layoffs on Trump. We know that we get no federal funding and that layoffs have been in the works for 2 years. But it’s not sinking in.
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I was referring to the EB-5, “Investor Visa”, the initial subject of the post itself.
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I know, and what I’m saying is that people reject the evidence in front of their eyes to accommodate a convenient political narrative.
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…or social narrative, depending on subject matter and circumstances
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