Obama Paybacks Chicago Machine: Former Mayor Daley hoping to cash in on green cards

The Chicago Sun-Times reports:

Former Mayor Richard M. Daley is aiming to cash in on a federal program that gives foreigners the chance to obtain permanent U.S. residency in exchange for investing in businesses that create jobs in the United States.

Tur Partners — which Daley formed with his son Patrick Daley after leaving office — has permission from the U.S. Department of Homeland Security to solicit money from foreign investors who would bankroll construction projects or other businesses in the Chicago area in exchange for green cards allowing them to live here forever.

The Obama administration granted Daley’s company authority to pool money from foreign investors to help finance a “hypothetical” skyscraper that Magellan Development has talked about building at 195 N. Columbus Dr. in its 28-acre Lakeshore East development that Daley approved while mayor, according to hundreds of pages of heavily redacted documents the Homeland Security Department released to the Chicago Sun-Times under the U.S. Freedom of Information Act.

Obama's payback to the Daley Machine: which he was a creation of . Remember, this is Patrick Daley of Small Business Administration fame who the U.S. Attorney can't seem to find.