Economic Solution – “Lock You Up”

If you want to make money, continue reading, it shows you how to trade humans like cattle for profit all in the click of a button!  Shame! 

CCA’s Diabolical Scheme

Now some of you might think that title is a bit of exaggeration; hyperbole, even.  But I assure you, it’s not.  See, CCA recently sent a letter to the governors of 48 states, offering to purchase prisons currently operated by state or local governments and operate the facilities.  That in theory may not sound so terrible, if you ignore all the issues that plague the private prison industry and its consistent failure to deliver on its promises of cost-savings.  But the letter, written by Harley Lappin, former director of the Federal Bureau of Prisons (who coincidentally wrote a pretty scathing report of private prisons in that role), doesn’t just offer an influx of cash in the short-term for budget-crunched state officials.  Its true intention is much more sinister.

In order to get CCA to purchase a prison, a state or government entity that contracts with them will have to agree to maintain 90% occupancy at the prison, for a contract term of no less than 20 years.  What that means is that states who agree to sell a prison to CCA would commit a significant amount of fiscal resources to the company for the next two decades.  Governments would also be required to either redistribute prisoners from government prisons if the population declines (which is really important, considering state prison populations have declined for 2 straight years), or pay CCA for empty beds.  So what this letter really amounts to is offering a binding, generation-spanning commitment for governments to continue to financially support an industry that an increasing body of research shows doesn’t save money and performs less efficiently than the public sector.  Further, it would continue our nation’s over-reliance on incarceration as it would dissuade state legislators and officials from seeking meaningful criminal justice reform, by removing a primary incentive to reduce our absurdly overblown prison population.

Unfortunately, some governments have already started to be lured in by this asinine proposal; Tennessee state officials are considering selling the Clifton state prison to the company.  But as the plan’s true intentions became clear, a host of advocacy groups have started to speak out publicly in opposition to the proposal.  Letters from a coalition of faith-based groups and from civil rights and other advocacy organizations have come pouring into governors’ offices across the country.  CCA is of course already lashing out at these groups with their typical criticism, but opponents should remain undeterred. Any state representative who even considers this proposal is, either willingly or not, considering the continuation of the foolishness that has caused the US to lead the entire world in locking its own people up.

To read more:

You cannot tell me that incarcerating Americans is not a big business.  Look at this image on how to buy stock in humans.  To have a contract for 20 years of 90% occupancy increases the stock value and continually generates profit for them.  It does not matter to them if the person is innocent, or guilty but received a very unfair long term sentence.  To them you are nothing but cattle, you are not a human life.  Money is worth more to them than you or your loved ones are.  America only represents 5% of the worlds population.  But Americas incarcerated represent 25% in the world.  There is something wrong with that!  Slavery is not abolished, it just went underground and is hiding out among the prison system.   Imagine 48 States of this! America it is happening! Wake up!! 

Select Broker
Options House TD Ameritrade E*Trade
MFS California Municipal Fund (CCA)  RTx
Mar 26 12:30 PM EDT
Last Price 11.02
Change  0.0099
Day High 11.09
Bid 10.99
Ask 11.02
Dividend 0.744
Last Trade 12:07
% Change 0.09%
Day Low 11.01
Bid Size 300
AskSize 300
Ex-Div Date 03/13/12
Open 11.09
52 Wk Hi 11.88
Shares 2,784,841
Yield 6.7574
Volume 3.86 k
Prev Close 11.0101
52 Wk Low 9.77
PE Ratio N/A
Market Cap

30.69 m

SEC Filings for MFS California Municipal Fund (CCA)
$ 11.02   0.0099 (+0.09%) Volume: 3.86 k 12:07 PM EDT Mar 26, 2012
Filing Type:       Show All SEC Filings      Annual Reports      Quarterly Reports      Proxies and Info Statements      Insider Transactions      8K-Related      Registration Statements      Comment Letters
Form Type Form Description Pages Date View
40-17G Fidelity bond filed under Rule 17g-1(g)(1) 92 03/15/2012
4 Statement of changes in beneficial ownership of securities 1 03/01/2012
SC 13G Statement of beneficial ownership of common stock by certain persons 2 02/01/2012
N-CSR Annual Certified Shareholder Report of Registered investment management companies 95 01/30/2012
NSAR-B Annual report for management companies 10 01/27/2012
3 Initial statement of beneficial ownership of securities 1 01/04/2012
3 Initial statement of beneficial ownership of securities 1 01/03/2012
N-Q Quarterly Schedule of Portfolio Holdings of Registered Management Investment Company 16 10/25/2011
3 Initial statement of beneficial ownership of securities 1 09/02/2011
3 Initial statement of beneficial ownership of securities 1 09/01/2011
N-PX Annual Report of Proxy Voting Record of Registered Management Investment Company 3 08/25/2011
DEF 14A Official notification to shareholders of matters to be brought to a vote (Proxy) 74 08/24/2011
N-CSRS Semi-Annual Report of a Certified Shareholder Report of registered investment management companies 46 07/29/2011
NSAR-A Semi-Annual report for management companies 8 07/28/2011
4 Statement of changes in beneficial ownership of securities 1 06/30/2011

Read more:

2 thoughts on “Economic Solution – “Lock You Up”

    • Oh without a doubt. These prison corporations donate towards campaigns. Yet they say they are not taking any funds from large corporations. Well, what do you call these groups?? Plus they get kickbacks.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s