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Sensenbrenner Portfolio - Does Congressman Profit From Undocumented Labor?

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undeterred Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-04-06 10:06 PM
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Sensenbrenner Portfolio - Does Congressman Profit From Undocumented Labor?
Editor's Note: A look at Congressman James Sensenbrenner's stock holdings shows investments in companies that benefit from the work of undocumented immigrants, as well as firms contracted to build new border security measures. Roberto Lovato is a New America Media writer based in New York.

MILWAUKEE, Wis.--When President Bush signed into law on Oct. 4 a bill authorizing the construction of a 700-mile wall along the U.S.-Mexico border, the man who stood to reap the greatest political profits did not join the president in Arizona. Instead, Congressman James Sensenbrenner is back in his Milwaukee district fending off a growing chorus of local critics who claim he is also reaping financial profits from the very immigration policies he has championed.

Immigration rights advocates, the congressman's Democratic opponent and some constituents are pointing to Sensenbrenner's investments in companies they say are generating profits from the labor of undocumented immigrants. They also say the congressman stands to benefit from investments in companies contracted by the federal government to provide services he has proposed as part of his immigration reform legislation -- such as building massive immigrant detention centers or providing surveillance systems to monitor immigrants near the border.

An analysis of companies identified in Sensenbrenner's most recent financial disclosure forms (2005) reveals that the congressman has invested in companies that have directly hired or subcontracted with employers who hire undocumented workers.

Drawing especially strong criticism are the $86,500 in stocks Sensenbrenner holds in the construction and infrastructure colossus Halliburton. The Texas-based giant has been the subject of Senate hearings into its labor practices in the Gulf Coast following Hurricane Katrina. News reports and several panelists at Senate hearings have stated that Halliburton used subcontractors hiring hundreds, perhaps thousands of undocumented workers as part of no-bid federal contracts to cleanup Belle Chasse Naval base and other military facilities in the devastated region. Halliburton has also secured a $385 million Department of Homeland Security contract to build gigantic immigrant detention centers near the U.S.-Mexico border and stands to secure further contracts from proposals to reopen closed military bases to house deportees and detainees. Halliburton has also been mentioned as one of the main contractors to build increased security infrastructure, security roads and improved employment verification systems at ports of entry.

http://news.ncmonline.com/news/view_article.html?article_id=46b1b6a95426fa87d6b255640a124c4f
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undeterred Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Oct-05-06 07:10 AM
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