BamaD -> RE: Milwaukee Burning (8/14/2016 4:37:45 PM)
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ORIGINAL: Real0ne quote:
ORIGINAL: BamaD So we have to assume the cops are lying right? always. only a fool wouldnt since they are a big business, on the stock market which rivals the national. Prisons for Profit America's Top Prison Corporation: A Study in Predatory Capitalism and Cronyism Thursday, 03 May 2012 09:27 By Dina Rasor, Truthout | News Analysis Prisoners in paper(Image: Jared Rodriguez / Truthout)Last week I wrote about the private prison company The GEO Group and how allowing private businesses to operate prisons can affect our justice system, our laws and the fate of our prison population. This week, I will tackle the largest private prison company, the Corrections Corporation of America (CCA) and its unprecedented proposal to buy prisons from money-strapped states, as well as how CCA has gamed the system with trips through the revolving door, self-dealing and influence peddling. Just to set the stage as to how large the prison population is in the United States: our prison population is the highest in the world; one out of 100 US residents are in prison. This number has grown dramatically since 1990, due to tighter crime laws and longer sentences. According to the American Civil Liberties Union (ACLU), "Between 1970 and 2005, the number of people incarcerated in the United States grew by 700 percent. Today, the United States incarcerates approximately 2.3 million people." The private prison population has also been exploding. From the ACLU: Even compared to this breathtaking rate of overall growth in incarceration, the rate of expansion of for-profit imprisonment far outpaced the field, accounting for a disproportionate increase in the number of people locked up. In 1980, private adult prisons did not exist on American soil, but by 1990 private prison companies had established a firm foothold, boasting 67 for-profit facilities and an average daily population of roughly 7,000 prisoners. During the next twenty years (from 1990 to 2009) the number of people incarcerated in private prisons increased by more than 1600%, growing from approximately 7,000 to approximately 129,000 inmates. https://www.youtube.com/watch?v=cpbbuaIA3Ds Time to pick up a few shares their stock are doing great! Corrections Corporation of America Common Stock Quote & Summary Data CXW $27.2 0.19 0.69% Find a broker to begin trading CXW now Exchange: NYSE Industry: Consumer Services Community Rating: Bullish CXW CAW CCA Today's High /Low $ 27.58 / $ 27.145 Share Volume 1,391,170 90 Day Avg. Daily Volume 677,268 Previous Close $ 27.39 52 Week High/Low $ 35.05 / $ 24.21 Market cap $ 3,196,613,034 P/E Ratio 15.81 Forward P/E(1y) 10.26 Earnings Per Share (EPS) $ 1.72 Annualized dividend $ 2.16 Ex Dividend Date Jun. 29, 2016 Dividend Payment Date Jul. 15, 2016 Current Yield 7.89 % Beta 0.39 Intraday Chart Intraday Chart 5d 1m 6m 12m More Charting ETFs with CXW as a Top 10 Holding* Weighting ETF Name (Symbol) 100-Day Price Change (%) 2.07% PowerShares KBW Premium Yield Equity REIT Portfolio ETF (KBWY) +6.79 (21.78%) *Data is provided by Barchart.com. Data reflects weightings calculated at the beginning of each month. Data is subject to change. **Green highlights the top performing ETF by % change in the past 100 days. Company Description (as filed with the SEC) We are the nation's largest owner of privatized correctional and detention facilities and one of the largest prison operators in the United States. As of December 31, 2015, we owned or controlled 66 correctional and detention facilities and managed an additional 11 facilities owned by our government partners, with a total design capacity of approximately 88,500 beds in 20 states and the District of Columbia. We are a Real Estate Investment Trust, or REIT, specializing in owning, operating, and managing prisons and other correctional facilities and providing residential, community re-entry, and prisoner transportation services for governmental agencies. In addition to providing fundamental residential services, our facilities offer a variety of rehabilitation and educational programs, including basic education, faith-based services, life skills and employment training, and substance abuse treatment. Read more: http://www.nasdaq.com/symbol/cxw#ixzz4HLlcapWQ You do understand that you are advocating anarchy.
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