Results 1 to 2 of 2
Like Tree1Likes

Thread: California looking to punish contractors who help build wall

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

  1. #1
    Administrator Jean's Avatar
    Join Date
    May 2006
    Location
    California
    Posts
    65,443

    California looking to punish contractors who help build wall

    By Rick Moran
    March 22, 2017

    The state of California is apparently willing to damage its own economy by divesting from companies that help build the wall along the U.S. southern border.

    Three Democratic representatives have introduced a bill that would punish contractors who work on the wall by withdrawing investments in their companies by state-controlled pension funds.

    Mercury News:

    "This is a wall of shame and we don't want any part of it," Assemblyman Phil Ting, D-San Francisco, said in a statement. "Immigrant stories are the history of America and this is a nightmare."

    The announcement of the proposal came on Monday, three days after the U.S. Customs and Border Protection requested proposals for "border wall prototypes."

    Assembly Bill 946 would require the California Public Employee Retirement System and the California State Teachers Retirement System – the two largest public pension funds in the nation, with investments of $312 billion and $202 billion, respectively – to liquidate investments in any company involved with the wall's construction within a year. It would also require the pension-fund management to report a list of those companies to the Legislature.

    Messages to state GOP lawmakers seeking comment were not returned Monday afternoon.

    The proposal will be carried by Ting and Lorena Gonzalez Fletcher, D-San Diego, and Eduardo Garcia, D-Coachella
    .

    If the bill passes, it will discourage California contractors from bidding on wall construction. That means a loss of hundreds of jobs – many of which would go to both immigrants and illegal aliens. Instead, those companies involved in successful bidding on the wall could bring in workers from other states.

    It takes a special kind of idiot to become so slavishly devoted to a political agenda that a politician would harm his own constituents.

    The legislation has a good chance of passing, considering the massive advantage in the state legislature by Democrats. What would be California's loss could easily become another state's gain as Golden State politicians look to punish their state because someone in Washington is finally trying to address the problem of massive illegal immigration.

    http://www.americanthinker.com/blog/...uild_wall.html
    Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts at https://eepurl.com/cktGTn

  2. #2
    Senior Member Judy's Avatar
    Join Date
    Aug 2005
    Posts
    55,883
    They can do whatever they want, it won't stop the wall, it won't stop the American People, and California will become a place no one wants to see any more.
    A Nation Without Borders Is Not A Nation - Ronald Reagan
    Save America, Deport Congress! - Judy

    Support our FIGHT AGAINST illegal immigration & Amnesty by joining our E-mail Alerts at https://eepurl.com/cktGTn

Similar Threads

  1. Donald Trump's Great Wall; How Will the US President-Elect Build the Wall?
    By lorrie in forum illegal immigration News Stories & Reports
    Replies: 1
    Last Post: 11-21-2016, 03:07 PM
  2. Replies: 1
    Last Post: 05-10-2016, 08:18 AM
  3. Replies: 7
    Last Post: 05-09-2016, 09:40 AM
  4. Replies: 30
    Last Post: 03-23-2016, 02:48 AM

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •