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Border wall fight: California considers divesting from companies involved in the project
San Jose Mercury News ^ | 03/22/17 | Katy Murphy

Posted on 03/22/2017 9:01:45 AM PDT by AngelesCrestHighway

Three California Democrats have a warning for contractors who sign up for President Donald Trump’s border-wall construction project between the U.S. and Mexico: Build it, and we will divest from your company. In the latest act of resistance against the Trump administration, the state lawmakers have introduced a bill that would force the state to drop its pension investments in any companies involved in the project. “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.

(Excerpt) Read more at mercurynews.com ...


TOPICS: Business/Economy; Foreign Affairs; Government; Mexico; Miscellaneous; US: California; Unclassified
KEYWORDS: aliens; borderwall; lofan; sanctuarycities
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The Asshats of Sacramento will be the first ones we come after in the next Civil War...
1 posted on 03/22/2017 9:01:45 AM PDT by AngelesCrestHighway
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To: AngelesCrestHighway

C’mon San Andreas! Do it! Do it! Do it!


2 posted on 03/22/2017 9:08:08 AM PDT by Extremely Extreme Extremist (Man-made global liberalism is killing the planet)
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To: AngelesCrestHighway

California can’t secede soon enough.


3 posted on 03/22/2017 9:09:19 AM PDT by MeganC (Democrat by birth, Republican by default, conservative by principle.)
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To: MeganC

California is broke.


4 posted on 03/22/2017 9:10:04 AM PDT by ptsal
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To: AngelesCrestHighway

How about we let Mr. Ting house some of the terrorists ..???

I think that would be appropriate .. since he doesn’t want to stop them from coming to his area.

These people have no brains.


5 posted on 03/22/2017 9:10:19 AM PDT by CyberAnt ("Peace Through Strength")
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To: Extremely Extreme Extremist
Sacramento radical democraps be damned!!! BUILD THAT WALL!!!
6 posted on 03/22/2017 9:10:21 AM PDT by AngelesCrestHighway
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To: Extremely Extreme Extremist

That’s the first thing that crossed my mind. Watch these same Leftists scream demands to the construction companies they banned to rebuild after the Big One.


7 posted on 03/22/2017 9:13:35 AM PDT by Flick Lives (Depth charge the Deep State)
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To: ptsal

...and with this attitude, will stay that way.


8 posted on 03/22/2017 9:13:41 AM PDT by Delta 21 (The minority demands NOTHING !)
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To: AngelesCrestHighway

California is a fascist totalitarian state. Think like we tell you to think or we will ruin you.


9 posted on 03/22/2017 9:16:32 AM PDT by jiggyboy (Ten percent of poll respondents are either lying or insane)
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To: CyberAnt
Mr. Ting needs a big red nose to go with his Pee Wee Herman bow tie...
10 posted on 03/22/2017 9:16:36 AM PDT by AngelesCrestHighway
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To: AngelesCrestHighway

Perfect!


11 posted on 03/22/2017 9:17:19 AM PDT by SMARTY ("Nearly all men can stand adversity...to test a man's character, give him power." A. Lincoln)
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To: AngelesCrestHighway

“””Immigrant stories are the history of America”””


And there are many stories of immigrants being refused admittance into the USA at Ellis Island and other immigration centers when the person failed to pass certain requirements.

Our current history is replete with stories of people who have invaded our country in total violation of our laws.


12 posted on 03/22/2017 9:21:16 AM PDT by Presbyterian Reporter
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To: Flick Lives

All those targeted construction companies should refuse to rebuild California after the big quake...then let the douche bags in Sacramento declare the state a sanctuary dump.


13 posted on 03/22/2017 9:22:52 AM PDT by AngelesCrestHighway
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To: AngelesCrestHighway
“Border wall fight: California considers divesting from companies involved in the project”

This sounds like mean-spirited discrimination by a state in violation of the Commerce Clause. The Commerce Clause is actually an enumerated right of the federal government.

14 posted on 03/22/2017 9:22:53 AM PDT by jeffersondem
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To: AngelesCrestHighway

Another of thousands of ridiculous, ineffectual, highly-political gestures by the world-weary Left in California.

Have they considered starting a # campaign?


15 posted on 03/22/2017 9:23:11 AM PDT by PGR88 (The)
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To: Presbyterian Reporter

Our current history is replete with stories of people who have invaded our country in total violation of our laws...
Aided and abetted by radical left democrats who are damned traitors! The radical left is the real enemy!


16 posted on 03/22/2017 9:27:22 AM PDT by AngelesCrestHighway
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To: AngelesCrestHighway
Deplorables should stop going to California.
17 posted on 03/22/2017 9:27:27 AM PDT by ActresponsiblyinVA
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To: AngelesCrestHighway
Deplorables should stop going to California.
18 posted on 03/22/2017 9:27:38 AM PDT by ActresponsiblyinVA
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To: AngelesCrestHighway
Hilarious. If the managers of the CA pension funds are doing their jobs, they're looking for the best, most stable assets that will give the best overall returns for pension funds that are already seriously underfunded. This bill will just make their jobs harder and jeopardize the retirements of that many more CA pensioners. Nevertheless, I cry with a very small crying towel, since it's those very pensioners who mostly voted for the DemonCraps who're supporting this nonsense.
19 posted on 03/22/2017 9:29:40 AM PDT by libstripper (nd)
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To: ActresponsiblyinVA

I’m sure states such as Arizona and Texas will be more than happy to take up the slack...The construction industry in California can give Sacramento a collective FU!


20 posted on 03/22/2017 9:31:11 AM PDT by AngelesCrestHighway
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