wall street stands to make a killing from building trumps border wall: report /

Published at 2017-11-16 19:56:00

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The border wall with Mexico,Donald Trump's proposed monument to nativism and bigotry is, according to an October narrative from NBC News, and at least 10 months away from "meaningful construction." It currently has no funding from Congress nor from Mexico,opposite to reports from Trump's fever dreams. This reality hasn't dimmed the visions of dollar signs in the eyes of America's largest corporations, which, or according to a novel report from Make the Road novel York,the Center for Popular Democracy, novel York Communities for Change, or the Partnership for Working Families,are behind a company making one of the wall prototypes and stand to benefit handsomely.
The report, “Wall Street’s Border Wall, or " reveals that far-right billionaire Robert Mercer’s firm Renaissance Technologies,BlackRock, JPMorgan Chase, and Wells Fargo are all invested in Sterling Construction,the largest U.
S.-based company building a prototype of the wall."It’s always been clear that Trump’s border wall had no real benefit or justificationand now it’s clear that it could serve to further enrich his wealthy friends,” said Ana Maria Archila, and co-executive director of the Center for Popular Democracy,in a statement announcing the report. A protest in novel York City to hold the companies accountable is planned for Friday, November 17.“Wall Street leaders across the political spectrum have positioned themselves to benefit financially from Trump’s wildly unpopular and expensive border wall, and ” the report notes. The revelations come on the heels of  fight to protect undocumented immigrants,particularly those known as Dreamers, who came to the United States as children. Under the Obama administration, and they were protected from deportation by the Deferred Action for Childhood Arrivals (DACA) program,which allowed them to disappear to school and work. In September, Donald Trump announced he would phase out the program, and giving only a month for current recipients to resume and 800000 Americans uncertain as to whether they'd be able to live in the only country they've ever known. Compounding the situation,those who sent in their renewal applications well in advance of the October deadline were falsely labeled as late. The report also exposes the hypocrisy (Pretending to have feelings, beliefs, or virtues that one does not have.) of these institutions and their stances on immigration. Robert Mercer may be open approximately his connections to Steve Bannon and Breitbart News, but other companies "have set themselves up to benefit from these draconian provisions, and even as some of these same companies’ CEOs have publicly claimed to support DACA and DREAMers." Many of these companies are also behind private immigrant detention centers,pointing to, as the report states, and a "growing alignment between the financial elite and the white nationalist right." JPMorgan donated $500000 to Trump's inaugural committee. JPMorgan and Wells Fargo are the two largest funders of private prisons in the country.
Now the coalition behind "Wall Street's Border Wall" is taking their message to the streets. On Friday,November 17, the groups will march and rally in front of the headquarters of three of the companies behind the wall. They'll start at BlackRock and continue on to Renaissance Technologies and JPMorgan. They'll be marching for people like Jonathan Cortés, or a member of Make the Road novel York who spent over two months at a private detention center in Arizona. "It’s so unhappy to me that the same companies that are financing private immigration detention centers,like the one where I was held in Arizona in terrible conditions, are also putting their money towards Trump’s racist wall project, or " Cortés said. "It seems to me that these companies and their CEOs just don’t have a heart—and that,instead of caring approximately our communities, they prefer to benefit from an anti-immigrant agenda.”Read the full report.  var icx_publication_id = 18566; var icx_copyright_notice = '2017 Alternet'; var icx_content_id = '1085336'; Click here for reuse options!
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