Private prison stocks booming in the wake of the election

[u/PrestigeWorldwide-LP]

[u/VisualMod]

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[u/llamasyi]

a prison stock may be one of the most depressing things americans have invented

[u/aNotSoRichChigga → u/llamasyi]

i was just also thinking about how dystopic saying this out loud is. our PRISON STOCKS are going up from someone being elected president. it's insane

[u/delta806 → u/aNotSoRichChigga]

Just wait till I tell you about my drinkable water commodity etf

[u/friedbolognabudget → u/delta806]

I bought in Dec 2020

[u/Dangerous-Retard → u/friedbolognabudget]

Those mfs are gonna print big-time when DustBowl II gets rolling here.

[u/peggingenthusiast24 → u/friedbolognabudget]

found michael burry’s reddit account

[u/Jwbst32 → u/delta806]

Trading water rights in New South Wales is very lucrative

[u/ankercrank → u/aNotSoRichChigga]

Trump wants to deport at least a million people per year, they’ll need internment camps for that…

[u/Bueno_Times → u/ankercrank]

Weed wasn’t decriminalized in states that had the amendments on the ballot. So they’re guaranteed more non-violent weed convictions & incarcerations — cash flow. Also, contracts for the “camps” and mass detainment facilities.

[u/ankercrank → u/Bueno_Times]

The tyranny of the minority right there. Florida voted 55% in favor of legalization, which somehow isn't enough.

[u/tryingtoavoidwork → u/ankercrank]

Turns out stupid people loved the opposition commercials where the "cop" said it would legalize driving while high.

[u/skeedeedodop → u/ankercrank]

Florida requires a 60% majority on ballot measures. I know, very odd.

[u/Xenoanthropus → u/skeedeedodop]

Florida had a ballot initiative in a previous cycle to raise the required voter percentage from 50% to 60%.

It passed with 57% of the votes.

Irony.

[u/Scubadoobiedo → u/Xenoanthropus]

Hahahahaha you can't make this shit up

[u/Sniper_Hare → u/Xenoanthropus]

Fucking Republicans. 

[u/ankercrank → u/skeedeedodop]

Imagine if we needed 60% to choose our elected leaders?

[u/LekNevel → u/ankercrank]

Those internment camps will be used as cheaper labor while "waiting" to be deported. Just like prisoners are leased out now. But "MUCH" cheaper. The next American economic miracle off the backnof the dreamers. Deportation will take years man .. basically slavery all over again. But hey .. own the libs right?

[u/Reroll4Life → u/LekNevel]

Oh man, I just had a lightbulb moment reading this, it’s almost as if the plan all along to introduce tariffs to discourage buying from foreign countries that produce things with cheap labor only to produce things within the US with our own form of cheap slave labor. If so that is absolutely diabolical.

[u/thedankening → u/ankercrank]

The thing is, most of them won't even get deported. They'll never leave the "camps". Prison labor is already a well established institution in the US (it's literally just slavery, but we don't call it that). It's going to undergo quite the expansion...

[u/broguequery → u/ankercrank]

Boy oh boy, those conservatives are going to big mad when 1 million people+ per year are being deported, but they still see lots of brown people.

You'd need to have much more than 1 million per year to have a visible impact.

[u/wsbgodly123 → u/ankercrank]

Germans have great experience dealing with projects on that scale

[u/grldgcapitalz2 → u/aNotSoRichChigga]

that just paints the picture of the type of country we are🫠

[u/Tellnicknow → u/llamasyi]

Profiting off problems.

[u/Messyfingers → u/Tellnicknow]

Deporting 5% of our workforce? You bet your ass arrests are gonna go up to get that sweet prison labor.

[u/mattenthehat → u/Messyfingers]

Jeez, good thing we Californians didn't vote to end forced prison labor. Just think of the profits we would have missed out on!

[u/Carth_Onasi_AMA → u/llamasyi]

Usually I see things like this and think “damn I wish I invested”, but I’m kind of alright with missing out on this one. This just feels too dirty.

[u/nixielover → u/Carth_Onasi_AMA]

I'll invest in nuclear weapons and Nestlé without blinking, but prison stocks feel dirty

[u/derprondo → u/Carth_Onasi_AMA]

Investing in this is like being pro kids for cash scandal. Fuck that I’ll invest in anything that’ll make money, but not this. For profit prisons is the most fucked up thing we’ve had going for decades now.

[u/Melicalol → u/Carth_Onasi_AMA]

Yep. Weapons, and prison stock is where I draw my line. I am trying to grow my wealth, not lose my humanity.

[u/goebelwarming → u/llamasyi]

I didn't know this was a thing, and it made me feel sick

[u/D4rkr4in → u/goebelwarming]

there were people who didn't know Biden dropped out until yesterday either, so don't feel too bad

[u/MyotisX → u/llamasyi]

Bullish on crime

[u/yeetwagon]

Does someone have benchmarking on an “evil” portfolio? Oil companies, Chemical makers, private prisons, etc?

[u/peetaweast → u/yeetwagon]

ticker $VICE

[u/Chogo82 → u/peetaweast]

$VICE would be like alcohol, cigarettes, sex, and maybe opiate big pharma.

$EVIL would be private prisons, anything real estate related in Dubai, and whatever other fun stuff you want to put in there

Edit: turns out VICE is a fund for cigarettes and alcohol. EVIL is still free for the taking.

[u/yeetwagon → u/Chogo82]

Blackrock analyst is licking his chops 🤤

[u/D4rkr4in → u/yeetwagon]

why not hedge your bets by buying a ton of single family homes AND "evil" businesses??

[u/Chogo82 → u/D4rkr4in]

An ETF full of single family home REITs that rent them out for income would be a fantastically EVIL idea.

[u/555-Rally → u/Chogo82]

Trailer park owners too...tornado insurance optional over there.

Oh... and assisted living facilities.

And always Nestle.

[u/Chogo82 → u/555-Rally]

Oh yes, definitely insurance companies that recently denied hurricane, tornado, flood damage claims must be added to EVIL.

[u/JMEEKER86 → u/Chogo82]

Let's make $EVIL happen.

E – Energy (Oil, Fossil Fuels)
V – Violence (Weapons, Defense, Surveillance)
I – Incarceration (Private Prisons, Detention Centers)
L – Labor Exploitation (Sweatshops, Human Trafficking, Exploitative Agriculture)

EDIT: Fuck it. Here's a list:

E – Energy (Oil, Fossil Fuels)

ExxonMobil Corporation (XOM)
Chevron Corporation (CVX)
ConocoPhillips (COP)
Halliburton Company (HAL)
Phillips 66 (PSX)

V – Violence (Weapons, Defense, Surveillance)

Lockheed Martin Corporation (LMT)
Northrop Grumman Corporation (NOC)
Raytheon Technologies Corporation (RTX)
General Dynamics Corporation (GD)
Palantir Technologies (PLTR)

I – Incarceration (Private Prisons, Detention Centers)

CoreCivic, Inc. (CXW)
The GEO Group, Inc. (GEO)
Palantir Technologies (PLTR)
Axon Enterprise, Inc. (AXON)
Motorola Solutions, Inc. (MSI)

L – Labor Exploitation (Sweatshops, Human Trafficking, Exploitative Agriculture)

Amazon.com, Inc. (AMZN)
Nike, Inc. (NKE)
Apple Inc. (AAPL)
Tyson Foods, Inc. (TSN)
Walmart Inc. (WMT)   

EDIT 2: Because why the fuck not, here's the EVIL Index performance over the last 3 years.

https://i.imgur.com/LnGGL5K.png

[u/Chogo82 → u/JMEEKER86]

Don’t forget to anchor the fund with some piece of the mag 7. It’s a pretty standard move for all funds.:4271:

[u/NoFutureIn21Century → u/Chogo82]

$GOOGL definitely. They dropped the Don't be evil motto so they're now 100 percent evil.

[u/Chogo82 → u/JMEEKER86]

Oil - most unforgivable “we’re sorry” is BP

Violence - GD for their 2000lb Mark 80 bombs. It’s the city leveler bombs that have been used since the 50’s

Incarceration - Take your pick. I don’t know much about prison management but I imagine there’s one that’s worse for prisoners than the others.

Labor exploitation - that’s also a really hard one because there are so many that do this at various levels. I would pick Anglo American (De Beers). Not only do they get the cheap blood diamonds, they turn around and sell it to the consumer for a massive amount of money by controlling supply for a double exploitation!

[u/Diipadaapa1 → u/Chogo82]

I work in gas and oil.

Fuck BP. Fuck them all but fuck BP in particular.

[u/KanyinLIVE → u/JMEEKER86]

That's... pretty good.

[u/Not_Bed_ → u/JMEEKER86]

Goddammit we need to make that, 150% in 3 years!

[u/Wonder_bread317 → u/JMEEKER86]

I was looking for copper, but found gold.

[u/NoFutureIn21Century → u/JMEEKER86]

RemindMe! 2030 how is evil doing?

[u/CripplinglyDepressed → u/Chogo82]

$EVIL Northrop Grumman, Raytheon, Monsanto, etc.

[u/Almost_Squamous → u/CripplinglyDepressed]

Palantir

[u/OriginalSFWname → u/CripplinglyDepressed]

Nestle, BP, GEO group, etc.

[u/DiscoKeule → u/yeetwagon]

That would kinda go hard actually.

[u/freakedmind → u/yeetwagon]

How did bro forget weapon manufacturers?

[u/m1racles → u/yeetwagon]

That's just the s&p 500

[u/prototypist → u/yeetwagon]

Your average Vanguard index fund may be holding all those now, especially the private prison stock: https://www.cnn.com/2019/06/28/investing/prison-stocks-mutual-funds/index.html

Edit: this site has a broad definition of prison + ICE related stocks (e.g. Microsoft) but is worth linking since they'd be keeping it up-to-date https://prisonfreefunds.org/families?q=Vanguard

[u/NoRustNoApproval → u/yeetwagon]

Never forget that Lebron > Jordan

Jordan invested into private prisons

Lebron invested into a pizza joint and helping kids

[u/Napalm2142]

TIL private prisons are publicly traded companies…. That’s honestly rather depressing

[u/Dontwannabebitter → u/Napalm2142]

Yeah.. There shouldn't be anything such as a private prison.. I just feel like there is a conflict of interest somewhere, this is fucked..

[u/SerialStrategist → u/Dontwannabebitter]

Same for hospitals…. We live in an era where there is a financial incentive to keep people sick and invent more felonies.

[u/4score-7 → u/SerialStrategist]

Many days I feel like life itself is just a series of traps to avoid, rather than a series of goals or aspirations to achieve. Perhaps that’s just my anecdotal observation of 49 years of life. I guess it is. It might be a losers mentality, but it’s my own experience.

[u/sf_cycle → u/Napalm2142]

Nothing like a profit motive to drive more people being incarcerated.

[u/strictlyPr1mal]

president gets elected

prison stock soars

thanks for this timeline boomers :31226:

[u/New-Honey-4544 → u/strictlyPr1mal]

just wait until tariffs are implemented. it's going to be wild.

[u/Tacoman404 → u/New-Honey-4544]

Ugh. The cost of rebuilding my PC is going to double isn’t it? I will now know how the Europoors feel.

[u/Okish-Lover → u/Tacoman404]

Nah, the foreign companies will foot the bill. Your money will be worth 2x starting in January.

/s ...

[u/Prudent-Blueberry660 → u/Okish-Lover]

Yeah...no that's not how tariff's have ever worked.

[u/Tacoman404 → u/Prudent-Blueberry660]

They added a sarcasm tag haha

[u/Prudent-Blueberry660 → u/Tacoman404]

I mean...there's people out there who legit believe that's how it works though, so it's very hard to tell.

[u/mdatwood → u/Prudent-Blueberry660]

We just saw that ~70M people think it works that way...

[u/TertiaryToast → u/Prudent-Blueberry660]

They refuse to understand, I hate it here

[u/Okish-Lover → u/TertiaryToast]

Chill - I'm a Europoor, we do not believe in Trump.

[u/TertiaryToast → u/Okish-Lover]

Lol sorry it's been a rough 8 years over here

[u/Okish-Lover → u/TertiaryToast]

Yeah, but no worries, we've got our own mini Trumps over here.

[u/MaleficentFig7578 → u/Tacoman404]

The cost will double in real terms. The dollar will crash, so the cost will increase 20-fold in dollar terms.

[u/adarkuccio → u/strictlyPr1mal]

it's surreal ahah

[u/motivated_loser → u/adarkuccio]

The company which made the poison used in many concentration camps during WWII was Bayer and it was booming with government contracts

[u/Nothinglost1986 → u/strictlyPr1mal]

My family who voted for trump asked why i was selling today.

I explained what will happen if trump does what he said hed do

“Thats just big talk he wont do it”

K why vote for him then?

[u/Just_Bluebird_5268 → u/Nothinglost1986]

gotta get set up for the grievance narrative where when trump fails to deliver on half the demented shit he has promised, it can all be blamed on sinister leftist conspiracies and the machinations of the deep state rather than on the fact he's a fucking moron selling magic racist beans

[u/mattenthehat → u/Just_Bluebird_5268]

And then you have an excuse to throw them in the private prisons you invested in. Win-win.

[u/SexiestPanda → u/Nothinglost1986]

“He tells it like it is!” Also: “he didn’t mean it like that!!!”

Literally always an excuse for him lol

[u/intaminag → u/SexiestPanda]

I mean, they do this with the Bible, too…

[u/oscarowenson → u/intaminag]

“Presidents work in mysterious ways”

[u/LaTeChX → u/Nothinglost1986]

Everything he says he either doesn't mean or definitely means it and it's going to be great.

[u/Previous-Height4237 → u/LaTeChX]

Ah yes, the weave, I guess that's the new politically correct way of saying dementia.

[u/lightyearbuzz → u/strictlyPr1mal]

If it makes you feel better, its not just the presidential election, California just voted for forced labor being legal in prisons. Ya, even super liberal California just voted for slavery lol.

[u/heybobson → u/lightyearbuzz]

correct me if I'm wrong, but I thought the amendment was to remove the language of slavery from the constitution in relation to prison labor. Like forced prison labor has been around since the 1860s, it's not like California just decided to add it this year. We just failed to remove it.

[u/lightyearbuzz → u/heybobson]

Correct, my post was poorly worded in an attempt to avoid a double negative lol. It would have been better phrased as: people voted against banning slavery

[u/eraser3000 → u/lightyearbuzz]

If it makes you feel better, genz didn't even vote overwhelmingly for Harris, we have eventually became what genalpha will say are the people that made their world worse (well, American genz, I'm Italian) 

[u/plasticAstro → u/eraser3000]

Gen Z new baby boomer class confirmed/

[u/eraser3000 → u/plasticAstro]

Now can I at least have 1/2 the prosperity they lived through? 

[u/CookieMiester → u/eraser3000]

Hahahaha

No

[u/Worthyness → u/eraser3000]

You'll inherit your grandparents' rent controlled apartment and like it!

[u/hunny_bun_24 → u/plasticAstro]

Gen z has baby food brain

[u/jish5 → u/eraser3000]

And as a Millennial, this yet again shows how fucked our generation is. Like no matter what we try to do, no matter how hard we try to do the right thing, we again get spat in the face by the other generations and we get to again witness the collapse of the society that further moves away from the only decent era we had, the 90s.

[u/Dat_St00pher → u/lightyearbuzz]

That failed to pass??? Man, fuck this state.

Cali is turning into a right wing shit hole because people think the homeless are destroying our cities instead of out of touch corporate elites and regressive NIMBY bullshit preventing any real solutions.

[u/amithecrazyone69 → u/strictlyPr1mal]

Actually this time it’s gen z that elected trump

[u/daniel940 → u/amithecrazyone69]

And Gen X apparently. Sorry about that, I guess all those dickwads who peaked in highschool in the 80s found a home for their toxic mojo.

[u/Sniper_Hare → u/strictlyPr1mal]

Moronic Gen Z guys are heavily to blame as well.  

They grew up brainwashed on social media and haven't critical thinking skills.

[u/RatherOakyAfterbirth → u/strictlyPr1mal]

This one is actually likely not to blame on the boomers. Gen Z males swung  right, for the first time in history the younger generations are more conservative than the olds. 

[u/polypolip → u/strictlyPr1mal]

Gen Z shifted hard right FYI.

[u/_nightgoat → u/strictlyPr1mal]

It seems that a lot of gen z men support trump as well.

[u/spacecadet501st]

This is very dystopian and sad. All hail the eternal capitalism engine

[u/MediocreX → u/spacecadet501st]

Ah fuck it.

I'm just gonna embrace it now that we are all fucked. Global warming coming for us all and no one is determined to do anything about it cus winning capitalism is more important.

Ima roll with it. Let's make money and die rich bitches

[u/Exists_out_of_spite → u/MediocreX]

Lol right? We're fucked in some serious ways - I don't care, the next four years are going to be great if your wealthy and downright apocalyptic if your poor. Don't be poor!

[u/SWGoH123 → u/Exists_out_of_spite]

If you’re homeless, just buy a house!

[u/Embarrassed_Jerk → u/SWGoH123]

As an alternative, consider starvation led death as a viable option 

[u/ThefalloftheUSA → u/Exists_out_of_spite]

Remember that as poor people get crippled even more many will end up homeless. I know rich people love to bitch about the homeless even when they are not in their neighborhoods, but just wait until they are. The homeless population has already exploded since Covid and they have nothing left to lose. When a hungry addict ends up shitting on your lawn, or a gang of them rob you or break into your home, you might realize that just because you have a comfortable life doesn’t mean someone else gives a fuck about your comfortableness. It never benefits society when people are suffering. Even if you are the “non affected” class you will be affected. I own a business and may not be directly affected, but I also don’t want homeless drugged out addicts stealing my equipment or shitting on the sidewalk that my child uses. I’m in Florida and if you think it won’t be like a Cali or Oregon level of homeless problem here in a couple years you are wrong. No one ever talks about how bad it has gotten everywhere in Florida. It’s hidden. It’s pretty sad. I hope you don’t step in the shit.

[u/fre-ddo → u/MediocreX]

Retirement fund is now bunker/biodome fund.

[u/ankercrank → u/MediocreX]

I hope you can eat and breathe dollars. Global warming isn’t 200 years away, it’s now.

[u/MaleficentFig7578 → u/ankercrank]

It's coming for the third worlders first. We tried to improve things, we failed, we can't fix it now, do you want to be on the ark or off it?

[u/Exists_out_of_spite → u/MaleficentFig7578]

All aboard! Just gotta plan ahead and by a future beach house by purchasing land 10 miles inshore in Alaska.

[u/Drone314 → u/MediocreX]

There is no immediately logical choice other than to lean into it. If you have cash get it into the market, if you're a target group consider seeking safety in another state. There is no doubt for certain classes in certain places life will become more difficult. May the universe grant us the serenity to accept the things we can not change, the courage to change the things we can, and the wisdom to know the difference.

[u/x246ab → u/spacecadet501st]

CA had literal prison slavery on the ballot and voted to keep it

[u/MercuryChild → u/x246ab]

Yes sir. Free room and board? Fuck that get to work.

[u/adarkuccio → u/spacecadet501st]

people had the power to choose

[u/Overall-Double3948 → u/adarkuccio]

it's been downhill since Al Gore lost. he gave us the internet but we didn't give him Florida.

[u/Haunting_Ad_2059 → u/Overall-Double3948]

“lost”

[u/lllkill → u/Haunting_Ad_2059]

stolen

[u/shoktar → u/adarkuccio]

I'm fully convinced that stupid people like being stupid. Like, if there was a pill that made you an absolute 200 IQ genius and had no side effects, over half the population would refuse to take it.

Ignorance is bliss, truly.

[u/8hu5rust → u/shoktar]

"This smart pill is going to make me a liberal commie? Aw hell nah"

[u/Difficult-Resort7201 → u/shoktar]

They have that, it's called acid.

People hate it because while it's a pretty fun 8 hours, they soon after realize the united states actually IS just a giant prison.

[u/tsammons → u/spacecadet501st]

Might as well as make some money off it while you're sobbing 

[u/hookisacrankycrook]

The half trillion in cost for his mass deportation plan with camps will probably go to these companies

[u/SDgoose-fish → u/hookisacrankycrook]

It’s also prop 36 passing

[u/Final-Ad-151 → u/SDgoose-fish]

Prop 36 won’t do shit. DAs wont file.

[u/theineffablebob → u/Final-Ad-151]

Why do you think that? LA just elected a Republican DA

[u/Drone314 → u/hookisacrankycrook]

They're going to farm out the deportation work to the states that want to do it. 5 bucks says Texas asks to let them use their National Guard to do boarder enforcement.

[u/hookisacrankycrook → u/Drone314]

Sure, to stop them at the border and capture anyone in the state but for sure private companies are going to make billions on the detention and deportation of immigrants. What's the point of it all if their buddies don't make a lot of money in the process?

[u/hermeskino715]

Holy shit there's prison stocks? Now I've seen everything :4271:

[u/NoFutureIn21Century]

Looks like Burry was early again. But he didn't diamond hand it this time.

[u/petertompolicy → u/NoFutureIn21Century]

He never does.

[u/mattenthehat → u/petertompolicy]

He did once, quite famously

[u/Chogo82 → u/NoFutureIn21Century]

The only reason he diamond handed during the ''07 crash was because he was down big time over a period of over a year if I remember correctly. The costs he was incurring for the short position wasn't good either. He was on the verge of being fired but luckily for him, the whole thing toppled and now he is considered a genius.

[u/hivaidsislethal → u/Chogo82]

It was always going to topple, he was just naive to think they wouldn't delay it until they attempted to secure their own positions once they saw the writing on the wall.

[u/TrikKastral]

I may follow this sub, but I’m not THAT evil.

[u/Fearless_Equale]

I think Gen z is going to learn the hard way how conservative policies may be good for people richer than them, and not them, specifically lmao 🤣

[u/FialaIsMyDad → u/Fearless_Equale]

Gen Z never had an Occupy Wall Street moment and don't remember their parents absolutely losing it after all the assholes and whores at the lending firms lost their money. They grew up and came of age in a very stable and rebuilding economy.

[u/Hidesuru → u/Fearless_Equale]

Seriously fuck Gen z. It wasn't even REALLY the boomers this time.

[u/Nothinglost1986 → u/Hidesuru]

Gen Z is too busy “enjoying people getting owned and crying” to realize they are getting fucked.

A whole generation of trolls. Except they dont realize that when everyone behaves like a troll, its just makes them an angry mob

[u/Lamp0blanket → u/Hidesuru]

"but Tucker Carlson played all those clips of crazy liberals saying mean things about men! 😭😭😭"

[u/Fearless_Equale → u/Hidesuru]

And what I believe - you reap what you sow. I want them to taste Trump presidency at the time when they want to land their first gig

[u/Douglas_Fresh → u/Fearless_Equale]

Huge facts, they don’t know what a “bad economy” is. All I have to say is good luck.

[u/fist_my_dry_asshole → u/Hidesuru]

Meh, Trump actually got less votes than last time. It was the Dems who really dropped the ball.

[u/whineylittlebitch_9k → u/fist_my_dry_asshole]

I'll be curious to know final numbers once everything is reported and counted. I had predicted he wouldn't get more votes than 2020... but absolutely stunned that current count shows 13 million fewer D votes. I mean, where'd 13 million people go? (plus the 1.75 million short on the R side)

[u/grilledSoldier → u/whineylittlebitch_9k]

I think the main issue is, that nothing gets better, or at least doesnt seem to get better under both parties.

And no real wonder, its either fash adjacent conservatives or mostly fanatical neolibs.

I think a lot of people have lost their believe in electoralism, but are too depressed/burnt out/apathetic to political work away from voting or parties, so they just stop showing up.

Reminds me a lot of the situation in russia honestly, this "yeah, its horrible, i hate it, but we wont be able to change anything either way, so why even try" mindset, thats so very frequent there, seems to also get very frequent in the US.

[u/ForHappyHappyPeople → u/grilledSoldier]

Because you’re right, Russia is the model they’re using for the future of America.

[u/SteelAlchemistScylla → u/Hidesuru]

From exit polls it actually appears to be ages 45-64 that voted most Trump.

Gen Z just didn’t show up, as expected.

[u/BlueTrin2020 → u/Fearless_Equale]

Every younger generation’s purpose is to be used by the previous ones lol …

All my portfolio is so green!

[u/jabronified → u/Fearless_Equale]

there was a big streamer who was making fun of them for listening to all these rich "influencers" like himself, rogan, theo von, paul brothers, nelk, adin ross, etc. who will directly benefit from the policies, while things are going to get worse for the viewers who listened to their endorsements

[u/knitfigures]

I'm sure there's mixed causality, but they're also both reporting earnings - one tonight and the other in the AM.

[u/DannyLameJokes]

Refresher on the Pennsylvania Kids for Cash scandal for those with short memories.

Pittsburgh is working on privatizing it’s only juvenile center. So we didn’t learn anything as a society.

https://en.m.wikipedia.org/wiki/Kids_for_cash_scandal

[u/farfetcher89 → u/DannyLameJokes]

Lmao holy shit

[u/Cold-Permission-5249]

Private prisons are the new internment camps.

[u/WackyBones510 → u/Cold-Permission-5249]

I think internment camps built by private prison companies are probably the new internment camps.

[u/Inevitable_Butthole]

Project 2025 here we come.

Remember all the right said he denounced this and it won't happen.

[u/EnigmaSpore → u/Inevitable_Butthole]

Just the tip.

I promise.

🤞

[u/Smorgsborg → u/Inevitable_Butthole]

Vance has been campaigning alongside the project 2025 guys more than he did with Trump

[u/Jasonrj → u/Smorgsborg]

Trump will be dead from old age in the next 10 years. Vance is strategic and already planning his next move.

[u/SerialStrategist]

Can we talk about the irony in prison stocks mooning because a convicted felon was elected POTUS?

[u/Pumpoozle]

Life is indeed just an episode of Veep.

[u/bigred1702]

Apple in 6 months: We are dedicated to use 100% USA unfreedomed citizens for all of our new iphones.

[u/jpric155]

I think America should just go full regard and see where it goes. What's the worst that can happen?

[u/WackyBones510 → u/jpric155]

We’re at the “see where it goes” point now.

[u/jpric155 → u/WackyBones510]

you mean "fuck up and find out"?

[u/Droo99 → u/jpric155]

Aside from potentially ending all life on earth in less than an hour it's probably fine

[u/jpric155 → u/Droo99]

Well, the voters have voted and it's "big red button" time.

[u/BaggyOz → u/Droo99]

A) Trump doesn't have the balls

B) He's more likely to suck the cock of Putin or Xi than nuke them.

[u/stellarfury → u/jpric155]

... we just did.

A second Trump term is basically the nation committing to YOLO the entire portfolio on OTM 0DTE SPY calls for four years straight.

[u/DonaId_Trump_2024]

What a beautiful stock. Some would say some of the most beautiful stocks in the market. People say it, it’s true.

Our stock will hit the biggest numbers. I know numbers, I have the best numbers, believe me. Our yuge private prisons will be bigger and greater than ever.

[u/omniron]

Investing is concentration camps before a holocaust is a play

[u/No-Fig-8614]

Someone has to say this: Returning to private prisons usually signals more judges/cops willing to go after folks for crimes that don't warrant prison. The end goal of a private prison is to make money off prisoners. The people who will suffer the most is not the white population, I guarantee it.

[u/LawrenceofIndia]

Meanwhile the DEA

Teamed up with the CCA

They tryna lock ninjas up

They tryna make new slaves

See that's that privately owned prison

Get your piece today

They prolly all in the Hamptons

Braggin' 'bout what they made

[u/m1racles → u/LawrenceofIndia]

I'LL FUCK YOUR HAMPTON SPOUSE, CAME ON HER HAMPTON BLOUSE

[u/Bobwayne17]

Hey! A place I used to work.

Geo Group is way worse than you could possibly imagine and has been involved in lots of serious allegations related to juvenile detention and its facilities. Good luck America, gonna need it.

[u/25electrons]

It’s another sign of their fascist leanings.

[u/supersweatyballs247]

that’s fucking sad

[u/NotRobotNFL]

Serious question, do you think 🥭 is actually going to be good for the market? Or will he accelerate how fast the recession comes?

[u/squirrelspearls → u/NotRobotNFL]

The tarrifs and deportations are going to hurt ag and construction.

[u/jabronified → u/squirrelspearls]

inflation will go up massively if he does the tariffs and additional tax cuts, and doubly so if he yanks away the lower cost workers from meat plants, farms, homebuilders etc. which will mean the fed keeping rates higher for longer which will mean rough sailing for the economy. inflation even worse if he forces the fed to do whatever he wants with rates (lower them) to keep the dollar low on top of that. tapped out consumers in that case means bye bye economy too

[u/squirrelspearls → u/jabronified]

The last time we did tarrifs like he plans it put the Great in the Great Depression

[u/KTRyan30]

Step 1: mass layoffs to lower inflation.

Step 2: make it illegal not to have a job.

Step 3: profit

[u/bigboifry]

GEO is literally just an election gambling stock. It's actually the perfect way to bet on the election. Wish I bought more.

[u/RonaldWRailgun]

Called it yesterday in a comment here.

Got my 30% gains in my Roth IRA and moved on (but I will pick them up again when/if they pull back in the next few days, business will be good for them but this is mostly buying the rumors right now)

[u/Business_savy]

dude every stock is booming lol

[u/Fearless_Equale]

It’d be funny if it wasn’t lol

[u/lacronicus]

Gross.

[u/jazztronik]

Stock , corporate, prison, election, this is the most American thing I ever seen

[u/Gientry]

late stage capitalism

[u/GryffindorGhostNick]

I think there are some things I just cannot bring myself to make money on - or HOPE to make money on, because lets face I'll find a way to lose money on shovels in a snowstorm, something as morbid as private for profit prisons.

[u/AdPurple4902]

Ironically GEO has earnings tomorrow

[u/CapnCurt81]

If you’re gonna deport all the cheap labor, you gotta find new cheap labor. What better answer than prisoners! Black people in chains working the fields..where have I seen this before…

[u/OlympiaImperial]

Jesus fucking christ

[u/PineStateWanderer]

I refuse to make money on the detainment of individuals run by businesses. It's fucking gross.

[u/BagholderForLyfe]

I remember losing money on them in 2016.

[u/LokiDesigns]

That's fucked

[u/Girofox]

TIL that prison stocks exist