Source: Unpopular Front
by John Ganz
“It’s like Lenin said, ‘When it is not immediately apparent which political or social groups, forces or alignments advocate certain proposals, measures, etc., one should always ask: ‘Who stands to gain?” So who stands to gain from ICE’s immigration crackdown? As Adam Tooze points out in his newsletter Chartbook this morning, ‘The MAGA immigration crackdown in the US is a bonanza for politically connected, small and mid-caps.’ … While there are several publicly traded and venture capital-funded firms, the biggest recipients show a striking pattern: they are all regional, dynastic family businesses and major GOP donors. In addition, they have engaged in legally questionable practices.” (02/03/26)