Late Stage Capitalism

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Is It OK to Earn Rental Income From an ICE Holding Facility? (www.nytimes.com)

submitted 3 weeks ago by sabreW4K3@lazysoci.al to c/latestagecapitalism@lemmygrad.ml

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[–] davel@lemmygrad.ml 8 points 3 weeks ago (1 children)

My husband’s family has a trust that owns rental properties. One of them is a commercial property with several tenants. One of the tenants is Immigration and Customs Enforcement (ICE), and they use it as a “short-term holding facility” (their description).

I’m sure my index funds hold shares in even worse horrors, as does almost every employer pension.

[–] footfaults@lemmygrad.ml 5 points 3 weeks ago* (last edited 3 weeks ago)

Yes, but there are a number of intermediaries between you and the bad things being done when you just own an index fund.

This is much much more direct linkage to the bad shit. They are getting much more money directly from the renting. That's way worse