By Rick Oltman, March 22, 2017
The once Golden State of California has more official stupidity oozing from Sacramento, as lawmakers have introduced a bill that would require California to discontinue its pension investments in companies building the border wall.
Assembly Bill 946 would require Cal-PERS – the California Public Employee Retirement System and the California State Teachers Retirement System – the two largest public pension funds in the nation with investments exceeding half a trillion dollars to liquidate their investments in any company involved with the border wall’s construction. And, to further assist Big Brother, pension-fund managers will be required to report a list of those companies to the state government.
The People’s Republic of Berkeley has jumped on the sanctimony bandwagon, and Mexico has similarly warned its companies not to build the wall.
Now, there are already many walls on the border, just in case they didn’t know. They work, too. Just to name a few, they separate:
Tijuana, Mexico – San Diego, California
Mexicali, Mexico – Calexico, california
Nogales, Mexico – Nogales, Arizona
Naco, Mexico – Naco, Arizona
Agua Prieta, Mexico – Douglas, Arizona
Las Palomas, Mexico – Columbus, New Mexico
Juarez, Mexico – El Paso, Texas
Yuma, Arizona, has a wall that works just fine.
Now from the economic point of view, it can be presumed that the companies building the border wall for the U.S. Government will make profits, which makes them safer with a potentially higher return on investment. But, California pensioners will be denied those two essential considerations, which should be at the very top of any investment advisor’s list when choosing investments for retirement accounts.
Mexico’s concerns about the increased border security that the wall will bring are obvious. The Mexican economy thrives off of remesas, remittances from Mexicans working in America who send money back to Mexico. Remittances exceed $25 billion a year, the largest single source of money for the Mexican economy. That’s not to mention the $19 – $29 billion a year made by the various cartels from the drugs that are smuggled into our country across the southern border.
The politicians and others who oppose the border wall support lawlessness. They want illegal immigration. They do not want to stop it in any way. Non-enforcement will certainly Make California Mexico Again.
Here’s a thought experiment, just for fun.
Imagine what San Diego, California, would be like in five years if the wall between Tijuana and San Diego was removed. Remove the port of entry. Don’t check any documents, or inspect the trunks of cars, or inside the back of trucks. Just have an unrestricted flow of people and everything, because that is what these people are advocating.
In five years:
- Would Tijuana look more like San Diego, or would San Diego be more like Tijuana?
- Would San Diego have more, or less, crime?
- Would San Diego have more, or less, poverty?
- Would San Diego have more, or less, disease?
- Would San Diego be an entrance into our country for terrorists who want to murder Americans?
What will be the result if the people who don’t want a border wall have their way? They want no immigration law enforcement. It’s just that simple. And without the law, there is anarchy, chaos, violence, and human misery.
One thing for certain, as California hurtles towards the corruption and violence and economic catastrophe that is Mexico, the flow of illegal aliens into the former Golden State will stop, as they wisely choose to go to other, safer and more prosperous parts of America.
A reporter once asked if the flow of illegal aliens would ever stop on its own.
“Yes,” was the answer. They’ll stop coming when there is no difference between our country and what it is they are escaping.
Even illegal aliens aren’t duped by Fool’s Gold.
You have enemies? Good. That means you’ve stood up for something, sometime in your life. [Winston Churchill.]
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