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And I have actually been pleased to satisfy them and pleased to invite them. Chairman Leahy. As my last inquiry, in some of the testimony this early morning there has been a tip that, of course, just with all the hundreds of billions, trillions of dollars prepared to spend, you need to just go somewhere else.

Stenger. I would certainly inform you that in this environment the capability to raise resources for the important things we are doing would certainly have-- it is impossible to do so in a fashion that would enable us as successfully and as rapidly create the important things we have actually done. You can borrow money if you have actually got 50 percent down.

I can have borrowed half of that if I had the $12 million in money to set up. Everyone recognizes that, yes, banks have cash to finance as long as you have obtained half of it in your pocket before you ask for the various other half. That is not just how company works nowadays.

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Senator Grassley. Legislator Grassley. I want to confess that we only have anecdotal info, however I would such as to ask you to what extent you have to go or do go to make certain that the centers make sure that the investments do not develop jobs for individuals below unlawfully.

Mr. Stenger. Senator, I am a hands-on owner of a business, and I am on-property every day. We have hired-- as I stated, at the Top we had 550 building and construction employees on our task. The marching orders that I provided to my group is that we are to hire neighborhood firms in practically every instance to do all of the construction.

They are made up of 10, 15, 20, 30 workers. They are benefiting straight from the financial investment. I know the employees, I know their families, and we have been able to utilize-- via these last 3 years of dreadful economic turmoil, we have been able to employ virtually every building and construction employee in our area and the bordering counties.

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They are spent in the communities, and they are all United state workers. Senator Grassley. Mr. Stenger.

Thanks. Mr. North, along the exact same lines of the concern I asked him, has your study shown instances other-- and I just offered one example, so I wish to confess that and be liable about it-- of facilities employing undocumented why not try this out people? Mr. North. That kind of data is really tough to obtain from USCIS, and I have to say that what we do learn about numerous of the inner features of that company as for this program is concerned connects to cases in which the staff has stated no to an application of some kind and after that the local facility or the individual business owner has actually mosted likely to the Administrative Appeals Workplace-- which is component of the firm-- and there we obtain documents, we get a hearing policeman informing us what is taking place because certain instance.



This is a bad application." There is a quantity of bad applications out there, yet just when that process obtains prior to an administrative law court do we see a lot in the method of detail. Currently, there was one anchor situation that you pointed out, and let me simply specify on that a little bit.

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Do not take also long since I want to ask article one more pair inquiries. Go ahead and swiftly surface. Mr. North. The dairy products ranch had actually asserted 17 employees, and they entered it, and the judge discovered that 16 of them were illegals. Now, that is the one example I have, and it is a fine example.

Okay. I am mosting likely to ask separate concerns of each of the three of you, but it deals with this set concern. As I claimed in my opening declaration, I am worried regarding the potential loophole that allows investors to withdraw their financial investment in local centers after receiving their permit.

Mr. Divine. I would certainly state that many of the financiers, if you asked them what are their goals, they would claim, "I want to obtain an eco-friendly card, and I want to maintain it.

Mr. Divine. Let me ask Mr. Stenger, is it common for a capitalist in your experience to withdraw his or her financial investment instantly after getting a copyright? Mr.

Senator, legislator.

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