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And I have been happy to meet them and honored to welcome them. Chairman Leahy. Likewise, as my last inquiry, in some of the testament this morning there has been a recommendation that, certainly, just with all the thousands of billions, trillions of bucks ready to invest, you need to just go elsewhere.

Stenger. I would tell you that in this environment the capability to increase capital for the important things we are doing would certainly have-- it is impossible to do so in a manner that would certainly enable us as successfully and as quickly create things we have actually done. You can borrow cash if you have actually obtained 50 percent down.

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

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Legislator Grassley. Senator Grassley. I want to admit that we only have unscientific info, however I would such as to ask you to what degree you have to go or do go to make certain that the facilities make certain that the investments do not produce work for individuals below illegally.

Mr. Stenger. Senator, I am a hands-on owner of a company, and I am on-property every solitary day. We have actually worked with-- as I said, at the Peak we had 550 building employees on our task. The marching orders that I provided to my team is that we are to work with neighborhood firms in almost every instance to do all of the building.

They are made up of 10, 15, 20, 30 staff members. They are profiting straight from the investment. I recognize the employees, I recognize their families, and we have actually been able to utilize-- through these last 3 years of terrible economic chaos, we have actually been able to employ almost every building worker in our area and the bordering counties.

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homeowners. They stay in the area. Their family members are there. They are spent in the communities, and they are all united state workers. Legislator Grassley. You do not have to utilize e-verify, however I would love to know whether you do. Mr. Stenger. We do. Legislator Grassley. You do.

Thanks. Mr. North, along the same lines of the concern I asked him, has your research study shown examples various other-- and I just gave one example, so I intend to confess that and be responsible regarding it-- of facilities working with undocumented individuals? Mr. North. That kind of information is very hard to acquire from USCIS, and I need to claim that what we do understand about many of the inner aspects of that firm as for this program is concerned associates with instances in which the team has stated no to an application of some kind and afterwards the local facility or the individual entrepreneur has actually mosted likely to the Administrative Appeals Workplace-- which is part of the firm-- and there we obtain files, we get a hearing police officer telling us what is going on in that content specific instance.



This is a poor application." There is a quantity of negative applications out there, yet just as soon as that procedure obtains before an administrative regulation judge do we see a lot in the method of detail. Currently, there was one instance that you mentioned, and allow me simply elaborate on that a little bit.

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Do not take too long since I intend to ask one more couple inquiries. Yet go in advance and quickly finish. Mr. North. The dairy products ranch had actually declared 17 workers, and they entered it, and the court discovered that 16 of them were illegals. Now, that is the one example I have, and it is an example.

Okay. I am going to ask separate questions of each of the 3 of you, but it deals with this one concern. As I stated in my opening statement, I am concerned about the prospective loophole that allows financiers to withdraw their financial investment in regional facilities after obtaining their permit.

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

Mr. Divine. Allow me ask Mr. Stenger, is it typical resource for a capitalist in click over here your experience to withdraw his or her financial investment immediately after getting an environment-friendly card? Mr.

Senator, no.

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