Prison stocks jump on expectations of more detentions. GEO Group and CoreCivic shares jump www.marketwatch.com/story/prison-stocks-jump-on-expectations-of-more-detentions-e9cda78b Parasites! Reminds me of 9/11 which also rescued private prison stocks because of the anticipated need for more detention space.

November 06, 2024 - 21:04 UTC

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This is as bad as betting on the outcome of wars.....
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So many of our prisons are essentially places of torture that supply slave labor. Must watch: The Alabama Solution (recently nominated for best documentary about Kay Ivey (MeMaw) and her participation in the torture and deaths of thousands of men. www.sundance.org/blogs/the-alabama-solution-is-required-viewing/
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That is so disgusting.
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The USA already imprisons more people than any other country in the world, and is near the top in prisoners as % of population.
Wonder whether Trump, his administration, and Congresspeople have recently bought stock in prison corporations?
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Shane’s podcast interviews about his undercover reporting will haunt me forever.
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Is there anything less moral than private prisons?
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“Companies like Boeing and the Israeli firm Elbit Systems have helped install detection technology on the US border with Mexico, including radar systems, panoramic cameras and fibre-optic systems that can detect vibrations on the ground.”
It’s an orgy of spending to equip Trump’s new Guestapo.
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Republican RICO treason
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Private prisons are deeply immoral
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@unroll.skywriter.blue
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The thread as a shareable webpage: skywriter.blue/pages/did:plc:ekts44pfepbmryv2h633onqu/post/3lacnir7tjt2g.

Powered by @skywriter.blue
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For some reason the name Operation Jericho just popped into my head totally unbidden.
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Many people be surprised to learn that their retirement funds are invested in prison stocks; almost ALL diversified portfolios are! I'd really like to a larger movement of people divesting of these stocks, much like we saw with the apartheid divestitures of the 1980s.
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It wouldn’t be the first time!
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I had forgotten that this happened.
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I had this discussion with my husband today. I knew that prison industries had likely donated a lot of money to ensure that they had more business. As someone said today- they're parasites.
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