Contract Requires Prisons 90% Filled

[girl gone mad]

@#$%! From Barry Ritholtz:

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

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!

[msongs]

1. of course obama and the dems have come out against this sort of thing...right? right? nt

[Suich]

2. It's late so maybe I'm missing something, but

how will CCA own and manage existing prisons in 48 states for $250 million? Sounds really low to me...

[Mopar151]

4. That's the marketing budget.

Or the "Per Prision" average.

[Atman]

3. I think you'd need Wall Street banksters to help reach 90%

And most of the Fox "News" team.

[Po_d Mainiac]

5. Good thing judges can't be bought

Oops, I stand corrected

Despite Red Flags About Judges, a Kickback Scheme Flourished
Last month, the law caught up with Judge Mark A. Ciavarella Jr., 58, who ran that juvenile court for 12 years, and Judge Michael T. Conahan, 56, a colleague on the county’s Court of Common Pleas.

In what authorities are calling the biggest legal scandal in state history, the two judges pleaded guilty to tax evasion and wire fraud in a scheme that involved sending thousands of juveniles to two private detention centers in exchange for $2.6 million in kickbacks.
more at link
http://www.nytimes.com/2009/03/28/us/28judges.html?_r=1

[hay rick]

6. Private prisons, private justice.

Thanks for the link. These two make pedophiles look like good guys.