Wall Street Profits from Trump’s Border Wall, Prisons

Photo: @fotografi.ando

Five Wall Street firms stand to line their pockets if Trump manages to “build a wall,” according to a recent report by Partnership for Working Families. These firms are: Wells Fargo, JP Morgan Chase, Renaissance, BlackRock, and Dimensional, all of which have investments in Sterling Construction Company, Inc. (the company hoping to build Trump’s wall). All 5 of these firms also profit from private prison companies CoreCivic and Geo Group. These private prison companies rake in billions off of prison slave labor. Dimensional and Renaissance are major Republican donors, but BlackRock, Wells Fargo, and JP Morgan Chase have all backed the Democrats as well. This just goes to show that the Republicans and Democrats are both the big banks’ parties, and they’ll do whatever it takes to make a profit, no matter who suffers.