How Jared Kushner gets Rich off of the Backs of the Poor

by Madeleine Kando

You probably never heard of the ‘EB-5 Visa Investor Program’, but it is a favorite of real estate developers who are looking to fund their projects with low cost capital. The Program was created in 1990 and provides a method for Immigrant Investors (the majority are Chinese) to obtain to obtain United States visas as a path to permanent residence. By investing upwards of 1million dollars into a commercial enterprise, wealthy foreigners and their families are granted green cards, so long as the investor can prove that 10 U.S. jobs have been created as a result of his or her investment.

Originally intended to benefit poor and rural communities, called a Targeted Employment Area (TEA), where the jobless rate is 150% of the national average, it is now being used and abused by wealthy urban developers like Jared Kushner, the President’s son in law, as a way to finance real estate projects at a below market price. This is exactly how ‘Trump Bay Street’, on the Jersey City waterfront was financed at below market rates, through EB-5 investments. Kushner secured $50 million in funding from about 100 investors from China, South Korea and Vietnam.

That would already be cause for ethical concern, considering how Trump and hence his chief advisor, Jared Kushner, are railing against the Chinese takeover of our economy, but Kushner wanted to sweeten the deal. His investors, he announced, would only have to pay half of that million dollar to get a path to citizenship. Read more...

How Big is the Universe and How many Stars and Planets are there?

by Tom Kando
With assistance from Dr. Gene Barnes


1. So far, the most distant body we know of in the universe is GN-z11, a galaxy about 13.4 billion light years away. In other words, what we see of GN-z11 today left that body 13.4 billion years ago, which is not long after the birth of the universe, which occurred 13.8 billion years ago (see: The Most Distant Objects; The Farthest Reaches; The Age of the Universe).

 2. Time: If the universe were 1 year old today, the sun and earth would have formed about three months ago; life on earth would have begun about two months ago; dinosaurs would have roamed around the world for about one hour yesterday, then disappeared; the first hominoids would have appeared an hour ago, Cro Magnon man one minute ago; Columbus would have crossed the Atlantic a second ago.

3. Distances: One light year is about 9.5 trillion kilometers. So GN-z11 is located at 13.4 billion x 9.5 trillion kilometers from us. This is 127,300,000,000,000,000,000,000 kilometers = One hundred and twenty-seven sextillion kilometers (1,273 x 10 to the twentieth power).
Read more...