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ANTI-IMMIGRATION REPUBLICAN REP. OWNS STOCK IN COMPANIES THAT HIRE ILLEGALS

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ANTI-IMMIGRATION REPUBLICAN REP. OWNS STOCK IN COMPANIES THAT HIRE ILLEGALS


[+] serious ballot by cranky
ACTIVE Tue Oct 10, 06 - Sun Jul 05, 09

Does Top GOP Xenophobe Cash in on Undocumented Labor?

New America Media. Posted October 7, 2006.

Republican Congressman James Sensenbrenner's stock holdings include investments in companies that benefit from the work of undocumented immigrants, as well as firms contracted to build new border security measures.

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 (Sensenbrenner authored the bill). 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.

Sensenbrenner was confronted by constituent Lester Schultz, who asked the congressman about the "moral and ethical" implications of investing in companies like Halliburton, which hire undocumented workers.

Sensenbrenner said the investments in question were "bequeathed to me before I began my public service." When pressed he insisted that his portfolio didn't affect his votes. "We don't believe it," some audience members responded.

Asked about Schultz' and others' criticisms of the congressman's investments in companies hiring undocumented workers and benefiting from immigration policies, Sensenbrenner spokesperson Jeff Lungren said, "I'm unaware of these complaints."

Sensenbrenner has criticized companies that profit from exploitative working conditions that, he recently said, make it "cheaper to hire an illegal alien than a citizen or a legal alien who is present in this country with a green card."

Sensenbrenner ... recently referred to employers of the undocumented as "21st-century slave masters

* * * * * * * *

Sensenbrenner has stock large holdings in Halliburton, which has been accused of hiring thousands of illegals in its Katrina cleanup contracts. Of course, Halliburton has received contracts for hundreds of millions for port and border security, including huge detention centers. Sensenbrenner also owns hundreds of thousands in stock in GE, which has a 2.5 billion (yes, billion) contract for border security.

The need for these contracts was created by the bill Sensenbrenner authored, HR 4437.

Sensenbrenner also has holdings in Darden Restaurants, which owns Red Lobster and Olive Garden, both of which use undocumented workers.

Does authoring major immigration legislation that will benefit, to the tune of billions, companies you have large holdings in, while at the same time owning large amounts of stock in companies that hire illegal aliens seem a bit hypocritical?

Yes, that seems hypocritical
No, that's not a problem
I'm a neocon, and I'm sure Bill Clinton and the Muslims are to blame
Sorry, can't vote now. I'm a neocon and I'm emailing a page.
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COMMENTS:
Voted : Yes, that seems hypocritical
Good point.
by skylab on Tue Oct 10, 06 12:56pm [+]

Voted : Yes, that seems hypocritical
I can't tell you how suprised I am to hear this.

Really.

I can't.
by Cathexis on Tue Oct 10, 06 1:06pm [+]

Voted : Yes, that seems hypocritical
Of course that is hypocritical. Such politicians are frauds. Perhaps this reinforces the great need for politicians that genuinely are concerned with illegal immigration?
by xxxxxxxx on Tue Oct 10, 06 1:13pm [+]

I believe that the primary obstacle to the U.S. dealing with immigration are wealthy Republicans who want cheap labor, on the one hand, and are pandering to the Republican base with bellicose anti-immigration histrionics on the other. The Republican leadership, so far, has been able to have its cake and eat it, too.
by cranky on Tue Oct 10, 06 2:20pm [+]

Voted : Yes, that seems hypocritical
Yea and verily, the Pot doth call the Kettle black...
by Truthseeker013 on Tue Oct 10, 06 3:57pm [+]

Voted : Yes, that seems hypocritical
I just read this week that Romney was caught with illegals doing his yardwork. Lots of hypocrisy there.
by Kiki on Sat Dec 22, 07 2:31pm [+]

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