💸Moneda Moves (34): The cost of the biggest workplace immigration raid in a decade
Llegamos a viernes, mi gente!
It's been a few heavy weeks in news as it relates to the Latinx community x money following the biggest workplace immigration raid in a decade that took place on August 7 in Mississippi. In total, ICE made 680 arrests in plants and work establishments in Morton and five other towns nearby. With broken families left behind and a significant decrease in employees, the local economy is suffering. We breakdown how in today's newsletter.
Also in today's notita:
The country's largest Hispanic journalist group returns Fox News' sponsorship of its upcoming national conference
A Latinx councilwoman in Denver helps end contracts with for-profit prison companies
Y mucho más
Con poder✊🏽,
Lyanne
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Keep tabs/cuentas on what's happening at the intersection of Latinx and money.
In Mississippi, the local economy suffers post ICE raids💰: Two weeks ago, 600 ICE agents raided plants across several towns in Mississippi where mostly Latinx immigrants worked. These were also possibly the largest raids in a single state, per AP reports. In turn, 680 arrests were made and broken families are left to make rent and purchase essentials (food, car payments, utility bills) without an income. Morton, one of the areas affected, is suffering from a sudden mass unemployment.
There are repercussions for the wider community, too. 90 arrests made in Marshalltown, Iowa in 2006, “contributed to a localized economic recession for perhaps six months to a year after the raid," according to An American Immigration Council Report. The full story comes from Samantha Fields and Daisy Palacios at Marketplace. This one is not an easy read -- it's an important one.
Know the powerful/potentes Latinx and up-and-comers in the money world.
Denver ends contract with for-profit prison companies⚖️: And a Latinx politician led the charge on this change. Councilwoman Candi CdeBaca took lead on the push to not renew contracts with for-profit prison companies on Denver. Overall eight of 12 council members voted against two resolutions that would have again started contracts with the U.S.'s two biggest private prison companies. Read more about CdeBaca here, who has also been called the AOC of Denver.
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The American Civil Liberties Union of Colorado's public policy director, Denise Maes, also spoke out against the contracts, saying council members should “quit feeding the beast of for-profit in our criminal justice system.” The full story is in The Huffington Post by Gavrielle Jacobovitz.
Put your money/monedita where your mouth is! Some money updates for thought.
The largest hispanic journalist group in the US turns down Fox News $17,000 sponsorship📰: The National Association of Hispanic Journalists is putting money where its mouth of is, or in this case, taking $17,000 out of its pot and returning it to Fox News. It comes as a result of a radio host's recent remarks on Latino immigrants.
“It is important that news organizations do not use or give a platform to slanted jargon disguised as opinion that misconstrues the facts,” said Hugo Balta, President of NAHJ, who also works as senior producer at MSNBC.
Full disclosure, the writer of the newsletter is also part and has sat on the local chapter board for NAHJ.
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