Damn, is that why its so lucrative for policy makers to own shares in private prisons when they write the laws that put people in prison.
And here I was thinking that shit was immoral or something.
As the dust settled on Donald Trump’s election victory, what businesses did investors think would benefit most from his return to the presidency? Tesla? Big oil? Rustbelt manufacturers? No: two firms that lock people up. Shares in GEO Group and Core Civic, which own and run prisons, soared by two-thirds in the three days after the election, beating the rest of America’s 1,500 most valuable firms.
Woot woot, are you ready for it boyz.
Damn, is that why its so lucrative for policy makers to own shares in private prisons when they write the laws that put people in prison.
And here I was thinking that shit was immoral or something.
As the dust settled on Donald Trump’s election victory, what businesses did investors think would benefit most from his return to the presidency? Tesla? Big oil? Rustbelt manufacturers? No: two firms that lock people up. Shares in GEO Group and Core Civic, which own and run prisons, soared by two-thirds in the three days after the election, beating the rest of America’s 1,500 most valuable firms.
Woot woot, are you ready for it boyz.
https://www.nytimes.com/2018/07/30/opinion/private-prisons-immigration-divest.html
Private prisons fail that basic risk assessment. That’s because the industry’s bottom line depends on locking people up. And when you imprison people for money, it means you have to choose between padding the bottom line and spending the money needed to create safe and healthy conditions. Too often, the bottom line wins out. These companies have a financial interest in perpetuating the inhumane “zero tolerance” policies whose consequences we now see on the front page of the news each day.
Damn, is that why its so lucrative for policy makers to own shares in private prisons when they write the laws that put people in prison.
And here I was thinking that shit was immoral or something.
As the dust settled on Donald Trump’s election victory, what businesses did investors think would benefit most from his return to the presidency? Tesla? Big oil? Rustbelt manufacturers? No: two firms that lock people up. Shares in GEO Group and Core Civic, which own and run prisons, soared by two-thirds in the three days after the election, beating the rest of America’s 1,500 most valuable firms.
Woot woot, are you ready for it boyz.