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Wall Street Stands to Make a Killing From Building Trump's Border Wall
The border wall with Mexico, Donald Trump's proposed monument to nativism and bigotry is, according to an October story from NBC News, at least 10 months away from "meaningful construction." It currently has no funding from Congress nor from Mexico, contrary 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, according to a new report from Make the Road New York, the Center for Popular Democracy, New York Communities for Change, and 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," 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 US-based company building a prototype of the wall.
"It's always been clear that Trump's border wall had no real benefit or justification -- and now it's clear that it could serve to further enrich his wealthy friends," said Ana Maria Archila, co-executive director of the Center for Popular Democracy, in a statement announcing the report. A protest in New 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," the report notes.
The report, "Wall Street's Border Wall," 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 US-based company building a prototype of the wall.
"It's always been clear that Trump's border wall had no real benefit or justification -- and now it's clear that it could serve to further enrich his wealthy friends," said Ana Maria Archila, co-executive director of the Center for Popular Democracy, in a statement announcing the report. A protest in New 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," the report notes.
http://www.truth-out.org/news/item/42665-wall-street-stands-to-make-a-killing-from-building-trump-s-border-wall