Private Prison Companies Ready to Cash In on Throwing Out Immigrants

[DonViejo]

It doesn’t matter that children caught pneumonia in one detention center, the business that runs it sees boom times with Donald Trump’s plan to lock up millions.

JUSTIN GLAWE

11.18.16 1:15 AM ET

DALLAS—When the children were released from the privately run immigration detention facility in Karnes City, Texas, they were immediately taken to the emergency room with pneumonia.

Over the past few months, several children who fled from violence in South and Central America with their mothers have been hospitalized after leaving the facility run by GEO Group, a private prison company that saw its stocks jump following Election Day. The children’s health problems were the result of poor medical care inside what is essentially a prison for mothers and their children, according to Amy Fischer of the Refugee and Immigrant Center for Education and Legal Services.

With Donald Trump now president-elect, the Karnes City facility and a dozen more like it across the country are preparing to fill even more beds with immigrants and refugees. GEO Group and another private prison company, Corrections Corporation of America, are also preparing for more large, lucrative contracts with the federal government to run the detention centers.

Both companies saw their stock prices soar following Trump’s historic and shocking win.
“If we see how the stocks skyrocketed, I think they see this as a huge opportunity for profit,” Fischer said of the two companies.

Of the 1,000 largest companies in the country, Forbes reported the day after Trump’s victory, “the biggest winner of the election was Corrections Corporation of America.”

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http://www.thedailybeast.com/articles/2016/11/18/private-prison-companies-ready-to-cash-in-on-throwing-out-immigrants.html