This is new. The president's face is on it. That alone should scream, "Something's very much not right!"

The permanent residency card they issue won't look like that. It's an ID, and will have your photo and other identifying information on it.

I believe that's truly beside the point. The marketing is based on the name and tastes (gold, nationalistic imagery) of the current president.

"So what if Adolf is putting banners of his face up everywhere, the next admin can just take them down!"

That’s part of the law.

If we want a $5m visa then propose a law. Trump by himself doesn’t make laws. Bonus for a law: it keeps the policy going after this administration.

When this goes to court (and I'm sure it will), the administration's argument will probably go something like this: Congress has authorized the administration to issue visas to people of "exceptional ability in business" -- see 8 U.S.C. § 1153(b)(2), for example. However, Congress did not specify how, exactly, the executive will ascertain that ability. The Trump administration believes that making a one million dollar investment in the U.S. demonstrates evidence of business ability, and is using this as a factor for issuing and prioritizing visas.

Come, come, my good sir! We all know that none of this matters at all, because if appealed up to the Supreme Court, they always rule in favor of President Trump. With all due respect, that's what matters in the case of President Trump, the Supreme Court will let him do anything. It doesn't matter what thin veneer of law is applied.