For-Profit Prison Corporations Promise Investors “A Growing Offender Population”

[The Straight Story]

For-Profit Prison Corporations Promise Investors “A Growing Offender Population”


ThinkProgress on the rosy outlook from Corrections Corporation of America (CCA) and GEO Group, the nation’s first- and second-largest operators of for-profit prisons:

During a conference call touting its success, representatives at GEO Group boasted that the company continues to have “solid occupancy rates in mid to high 90s” and that they are optimistic “regarding the outlook for the industry,” in part due to a “growing offender population.” GEO Senior Vice President John Hurley assured investors during the call:

We have a longstanding partnership with the Federal Bureau of Prisons, the United States Marshal Service and US Immigration and Customs Enforcement or ICE. … We continue to see meaningful opportunities for us to partner with all three of these federal agencies. The federal bureau of prisons continues to face capacity constraints coupled with a growing offender population.

During its investor call in February, CCA CEO Damon Hininger assured investors a strong “continued demand for beds.”

http://disinfo.com/2013/05/for-profit-prison-corporations-promise-investors-a-growing-offender-population/?utm_source=feedburner&utm_medium=twitter&utm_campaign=Feed%3A+disinfo%2FoMPh+%28Disinformation%29

[silverweb]

1. Depraved beyond words.

[ananda]

4. Yes, just so sick.

Our society is so sick.

[Tx4obama]

2. There should be NO privatelty owned prisions and none should be allowed to make money

... even the ones run by the Feds/States.

[marmar]

3. It's hard for me to read this without throwing things.

[RainDog]

5. 21st century slavery n/t

[DiverDave]

6. This is not the america I loved

for people to make money, and HOPE for more people in jail is UN-american.

[HughBeaumont]

7. Do these people not get there's such a thing as THE INTERNET?

Or is it that they just really do not give a shit, since the notion of people rising up against them went away sometime around Bush's first Reign of Fear?

[WinkyDink]

8. Private prisons = one of the (too many) great shames of this nation.

[IDemo]

9. But it's all perfectly legal and HP started it!!

We should be grateful there are strong Amerkin industries like this..

[Deny and Shred]

10. I can't think of a worse

commentary on society when for-profit prisons partner with government law enforcement agencies to keep the occupancy rates high.

What if there aren't enough felons? Find some. Get government to lower the bar, alter the criteria, extend sentences - anything to keep the cells filled. No wonder DoJ is pushing marijuana prosecutions. All involved ought to do some major soul searching.

[meow2u3]

11. Private, for-profit prisons = 21st century concentration camps

From what I've read about them, they're no better than the concentration camps of the 20th Century.