The Geo Group

Privatized Prisons

Today the US prison system has over 2.3 million people incarcerated, about 7% of them are held at privatized prisons owned by such companies as the Geo Group. With 47 correctional facilities the Geo Group is the largest privatized prison company in the U.S. Did I mention that this was a corporation that trades stock on the NYSE?  How does a country allow for a private corporation to turn people into numbers which translates into profits? Well I guess it can't be all that bad if Dick supports it right? Dick Cheney invests in VanGaurd, a company which has investments in the privatized prison system. Dick Cheney authorized government funds for these companies. So Cheney has a chunk of these companies in his pockets, feeds these companies money which he took from the government (you the taxpayer), and put some of that money along with profits being made by stock for keeping these prisons full in his pocket. While all this is going on people are being incarcerated in record highs to keep these profits rising.  The same people who are turned into numbers and fall into the system also do manual labor for these prisons which the prisons in turn profit from as well while inmates generally make maybe $15 dollars a month. Doesn't their seem to be something wrong with this picture...I don't know maybe it's just me.

Cheney

Dick Cheney in his prime
Dick Cheney in his prime

Comments 4 comments

TheMoneyGuy profile image

TheMoneyGuy 7 years ago from Pyote, TX

End the Prison system now!!!

TMG


Nickny79 profile image

Nickny79 7 years ago from New York, New York

I think privatized prisons are ingenious!


Reynolds_Writing profile image

Reynolds_Writing 7 years ago from Atlanta, Georgia

I recently watched the HBO series Capadocia (sp?) which was all about a privatized women's prison. The show highlighted both the good and bad...


Tom Cornett profile image

Tom Cornett 7 years ago from Ohio

Crime control is the largest U.S. money making business. Think of how many people would be unemployed without crime? Lawyers, judges,police,prison guards, counselors,jail builders, maintenance,court employees,security companies,drug and food mfgs., coroners,the list goes on and on.

People are educated badly and impoverished to keep up the supply for the demand of empty cells and so called rehabilitation efforts. It is nasty, corrupt and an abomination to the human race. Simply put...the system creates breeding grounds of crime to make money from it.

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    Cheney and Geo Group

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