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paul_soccer10 posted:i would also like to kill that judge that was taking bribes from private prisons to give harsh sentences to defendants This guy got 28 years in prison for it: http://www.npr.org/sections/thetwo-way/2011/08/11/139536686/pa-judge-sentenced-to-28-years-in-massive-juvenile-justice-bribery-scandal
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# ? Aug 18, 2016 19:50 |
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# ? May 10, 2024 01:45 |
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Fallows posted:Ok i just learned about shorting stocks yesterday thanks to GBS, this seems like an appropiate time to do that... anyone got any money now that i can use? yes, let's all short on margin
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# ? Aug 18, 2016 19:52 |
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Parallax Scroll posted:will they let you out before they demolish it I'm typing from under the rubble of my cell rn. It's pretty cramped. I'm surviving on a diet of pruno and oligarch tears atm.
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# ? Aug 18, 2016 19:53 |
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Ayn Rand lied to me... unforgivable
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# ? Aug 18, 2016 19:55 |
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I wish I could make a profit by keeping people incarcerated but the guy I have trapped in my crawlspace only has 8 bucks in his wallet
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# ? Aug 18, 2016 19:56 |
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dookifex_maximus posted:pretty sure america's national character will go down in history as "a republic that was captured by powerful interests almost immediately after it was founded and was used to enact great evil" nah our prisons in the beginning were models for the rest of the civilized world.
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# ? Aug 18, 2016 19:59 |
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gigawhite posted:I wish I could make a profit by keeping people incarcerated but the guy I have trapped in my crawlspace only has 8 bucks in his wallet try taking his blood once a week
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# ? Aug 18, 2016 20:03 |
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Groovelord Neato posted:nah our prisons in the beginning were models for the rest of the civilized world. im pretty sure the american prison system was created to provide a cheap slave rental service after the civil war
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# ? Aug 18, 2016 20:04 |
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Teflon Don posted:Ayn Rand lied to me... unforgivable Rand Lied, Browns Died
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# ? Aug 18, 2016 20:07 |
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Rutibex posted:im pretty sure the american prison system was created to provide a cheap slave rental service after the civil war yeah
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# ? Aug 18, 2016 20:09 |
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we had "prisons" before that.
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# ? Aug 18, 2016 20:12 |
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you know I want to know what crimes the corporations committed. they have not been justly sentenced to slavery under their shareholder slavemasters! i move we emancipate these corporate persons from their vicious slaving human owners
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# ? Aug 18, 2016 20:14 |
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question: is the government prison system equipped to handle all the surplus humanity of color in the US?
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# ? Aug 18, 2016 20:18 |
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dookifex_maximus posted:you know I want to know what crimes the corporations committed. they have not been justly sentenced to slavery under their shareholder slavemasters! Being a private business who gets schooled by a government run competitor is pretty much the most egregious crime possible for titans of industry
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# ? Aug 18, 2016 20:21 |
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paul_soccer10 posted:question: is the government prison system equipped to handle all the surplus humanity of color in the US? i think they will choose to knock off the drug war poo poo instead of building new prisons
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# ? Aug 18, 2016 20:27 |
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I cant describe how i felt when i read this news this morning. it felt like revenge. gently caress you GEO, CCA, MTC
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# ? Aug 18, 2016 20:31 |
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Dogmeat posted:Being a private business who gets schooled by a government run competitor is pretty much the most egregious crime possible for titans of industry I don't think they give a poo poo, it's just about filling as much into your pockets while the taps are turned on and the getting is good as you can
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# ? Aug 18, 2016 20:43 |
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industries that should not be for profit: healthcare education criminal justice
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# ? Aug 18, 2016 20:44 |
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Tuxedo Gin posted:industries that should not be for profit: all of them
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# ? Aug 18, 2016 20:45 |
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Professor Shark posted:I don't think they give a poo poo, it's just about filling as much into your pockets while the taps are turned on and the getting is good as you can You're probably right but i'm sure the other rich guys are going to give them private prison CEOs quite the ribbing at the next quarterly meeting.
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# ? Aug 18, 2016 20:46 |
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Lol yes let's make it profitable to put people in prison what could possibly go wrong
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# ? Aug 18, 2016 20:46 |
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I'm willing to bet that telecoms could be done better by the government, they're really lovely in Canada because we have like 3 companies and they've all decided to work together and be equally lovely rather than try to give customers what they want.
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# ? Aug 18, 2016 20:48 |
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You won't be laughing when no guards show up to work tomorrow because they aren't getting paid and the doors to the prisons are left open.
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# ? Aug 18, 2016 20:49 |
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DrBouvenstein posted:Why do they both have that little bump back up after the initial plunge? Google "dead cat bounce." You usually (always?) have that after a big sellout. Part of it is that in general is a better strategy to sell parts of your portfolio that have done well to buy parts that have not if you have a balanced portfolio otherwise it will not stay balanced, and when a stock plunges its decreased price attracts a lot of these almost automated buys. Part of it is speculation on that one stock -- people/funds think it will weather X and buy because the price is good.
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# ? Aug 18, 2016 20:54 |
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DrBouvenstein posted:Why do they both have that little bump back up after the initial plunge? cuz lol they're all gonna get hosed
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# ? Aug 18, 2016 20:57 |
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Sheep-Goats posted:Google "dead cat bounce." You usually (always?) have that after a big sellout. Part of it is that in general is a better strategy to sell parts of your portfolio that have done well to buy parts that have not if you have a balanced portfolio otherwise it will not stay balanced, and when a stock plunges its decreased price attracts a lot of these almost automated buys. Part of it is speculation on that one stock -- people/funds think it will weather X and buy because the price is good. There's also a really good argument that a 33% drop in stock price is an overreaction to the news that something like 15% of their business is going away in the next five years, but gently caress private prisons, who would ever buy stock in that?
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# ? Aug 18, 2016 20:58 |
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although tbh I do think 35% is a bit of an overreaction so I bought some shares on a lark to see what'll happen tomorrowEngineerSean posted:gently caress private prisons, who would ever buy stock in that? lol yeah but screw it im only holding it for a day to profit off other assholes buying this up
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# ? Aug 18, 2016 20:59 |
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This was good news to wake up to
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# ? Aug 18, 2016 21:01 |
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Moridin920 posted:lol yeah but screw it im only holding it for a day to profit off other assholes buying this up I admire your "make money off of rubes" spirit.
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# ? Aug 18, 2016 21:02 |
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plain blue jacket posted:Lol yes let's make it profitable to put people in prison what could possibly go wrong I mean, it's not like we'll end up with the largest prison population on the planet or anything lol
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# ? Aug 18, 2016 21:03 |
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i was in 3 different private prisons and while i hated all of them i want to see GEO Group suffer the most. gently caress GEO so loving hard GEO runs almost all the federal halfway houses so im curious to see if those will be shuttered too. im guessing not
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# ? Aug 18, 2016 21:04 |
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Until such time as the DOJ says "Private prisons will be outlawed" these companies will survive. IMO the 30% drop is an knee jerk reaction sell off. And unless states, that also pay for these prisons, follow the example of the feds, they will recover some of their value.
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# ? Aug 18, 2016 21:07 |
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https://www.youtube.com/watch?v=_yYS0ZZdsnA
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# ? Aug 18, 2016 21:08 |
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Volume posted:I never thought I'd see the day. My god this is fantastic news
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# ? Aug 18, 2016 21:09 |
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VendaGoat posted:Until such time as the DOJ says "Private prisons will be outlawed" these companies will survive. yeah the federal system doesn't even use that many ACTUAL private prisons. the one i was in was the only one on the entire west coast. now what they do use a lot of are private "transfer centers" which are like quasi-prisons that you stay at after you've been sentenced but are awaiting transport to wherever you are going and private halfway houses. plus the states are the main contractors with private prisons anyway
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# ? Aug 18, 2016 21:10 |
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Maybe this is the DoJ's apology slash consolation prize for the whole Hillary thing
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# ? Aug 18, 2016 21:10 |
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the only thing that sucks for the inmates is that private prisons have far, far, far superior commissaries than regular prisons tho
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# ? Aug 18, 2016 21:11 |
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This seems very anti capitalistic
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# ? Aug 18, 2016 21:13 |
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the great deceiver posted:i was in 3 different private prisons and while i hated all of them i want to see GEO Group suffer the most. gently caress GEO so loving hard DARE to stay off drugs!
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# ? Aug 18, 2016 21:15 |
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# ? May 10, 2024 01:45 |
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Darth123123 posted:This seems very anti capitalistic a good capitalist recognizes that public goods exist and are necessary for the correct functioning of the market despite the fact that they are not profitable (thus state invervention is required) typically these are (who knew) defense, healthcare, flood control systems, street lighting, poo poo like that
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# ? Aug 18, 2016 21:17 |