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Gold/Mining/Energy : Gold Price Monitor

GDXJ 119.96

+2.0%

Dec 22 4:00 PM EST

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To: Horgad who wrote (74417)	8/3/2001 7:06:59 PM
From: IngotWeTrust	Read Replies (1) of 116820

Horgad, you must have been asleep the last few years, Bud. The privatization of the prison system has been a growing trend for probably the last 12 years. The is GOOD money in privatization of prisons. So much so, that communities are getting in line to bid on those contracts because of the jobs and prison labor output stimuli to local economies. So, who profits from them? The owners, of course. Ever see what a pair of Oregon prison labor made blue denim pants goes for on the public retail scene? And the state pays the per diem, and the prisoner gets a pitance, and the owner makes the spread between cost of goods and the wholesale, or cuts out the wholesaler entirely and does the marketing and distribution directly! Don't have to be in bed with a politician to get one of these lucrative prisons built in the state of Oregon...it's typical bid submission process and to the winner goes the spoils. Maybe you're not from around these parts??? And Oklahoma went the privatization of prisons route before we did out here as I recall. Selah.

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