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Increased ICE arrests could benefit for-profit detention center companies
CBS Austin ^ | Feb. 17, 2017 | Jordan Bontke|

Posted on 02/18/2017 10:11:40 AM PST by bgill

Weeks following Election Day, stocks for two of the biggest for-profits detention center companies, GEO and CoreCivic, increased between 20 and 40 percent. Libal attributes the rising stock to President Trump’s tough enforcement of immigration laws.

“That’s because investors believe that Donald Trump is going to increase deportation and detention of immigrants,” he said. “The longer someone sits at a detention center, the more money the private prison corporation makes.”

(Excerpt) Read more at keyetv.com ...


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; US: Texas
KEYWORDS: deportation; ice; illegals; prison
Hahahahahahahaha! Winning.
1 posted on 02/18/2017 10:11:40 AM PST by bgill
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To: bgill

Great


2 posted on 02/18/2017 10:13:31 AM PST by stocksthatgoup (There will come a time when those screaming Fascists are in fact the actual Facists. W Churchill)
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To: bgill

MAGA and putting Americans back to work.


3 posted on 02/18/2017 10:14:14 AM PST by FlingWingFlyer (As long as tyranny exists, the Constitution and Bill of Right will never be "outdated" or "obsolete")
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To: bgill
Increased ICE arrests could benefit for-profit detention center companies

Which...is...bad...I take it I'm supposed to assume???

4 posted on 02/18/2017 10:14:20 AM PST by Still Thinking (Freedom is NOT a loophole!)
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To: bgill

GOOD!


5 posted on 02/18/2017 10:16:53 AM PST by Cowboy Bob
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To: bgill
Fill up the jails then deport.

Repeat as many times as necessary

6 posted on 02/18/2017 10:19:00 AM PST by TYVets
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To: Still Thinking

“Increased ICE arrests could benefit for-profit detention center companies.”

No, it’s good, because the detention centers would not be run and staffed with Government employees!


7 posted on 02/18/2017 10:21:15 AM PST by vette6387
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To: bgill

No, it won’t profit them, because those illegals won’t be in the US long enough.

Unless they’re transporting illegals down to mexico city, and dropping them in nieto’s lap.


8 posted on 02/18/2017 10:27:09 AM PST by factoryrat (We reserve the producers, the creators. Grow it, mine it, build it.)
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To: bgill
(from the article): " Increased ICE arrests could benefit for-profit detention center companies.."

And soon the illegal immigrant buses will be heading south, and there will be increased expenses there too !
But there will be a massive savings in "entitlements", education, and health care costs.
Rather than just have the illegal population just sitting around, have them help to build "the wall"; hard workers can be offered incentives
instead of unable to apply for visas after they have been in their 'home country' for 10 years, helpful workers could apply for visa in 3-5 years, instead.

9 posted on 02/18/2017 10:35:48 AM PST by Tilted Irish Kilt (Muslim & Spanish migrants are like Kudzu--> designed to overload the system= Cloward-Piven)
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To: Still Thinking

Wspecially since federal laws are not revocked by for-profit operations.

Replacing government with private companies saves money and if low standards and abuse are found, then the company loses its contract to be replaced by a better company.

Oh, and “for profit” is a GOOD thing to Americans but a bad thing for government workers and academics.


10 posted on 02/18/2017 11:01:35 AM PST by Hulka
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