Illyia's Heart on SI Message Board

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Politics : Illyia's Heart on SI

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From: illyia	2/20/2012 10:48:46 PM
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Contract Requires Prisons 90% Filled The Big Picture - ritholtz.com Posted By Barry Ritholtz On February 20, 2012 @ 7:30 pm In Legal,Really, really bad calls,Taxes and Policy \| 11 Comments Property laws? Civil Liberties? Not when they stand in the way of profits: “Corrections Corporation of America (CCA) has reached out to 48 states as part of a $250 million plan to own existing prisons and manage their operations. But in return CCA wants a 20-year contract and assurances that the state will keep the prisons at least 90% full.” - AllGov [1] 90% occupancy? I guess the marijuana laws cannot be overturned then or it would violate this 20 year contract. Here is my compromise: Let’s fill the prisons with CCA Executives! Article printed from The Big Picture: http://www.ritholtz.com/blog URL to article: http://www.ritholtz.com/blog/2012/02/contract-requires-prisons-90-filled/ URLs in this post: [1] AllGov: http://www.allgov.com/Top_Stories/ViewNews/Private_Prison_Company_to_Demand_90_Percent_Occupancy_120216 Copyright © 2008 The Big Picture. All rights reserved.

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