Posted by
Republiservative on Tuesday, November 25, 2008 2:17:00 PM
It's not just drug makers, search engines, cell phones, and homebuilding/mortgaging companies who lead stocks and rejoice at every bailout; there are also three having NYSE symbols CRX, GEO, and CRN.
Of course, these companies...performing most well and consistently since 2001...are companies which provide non-State or non-Federal facilities off radar from public prisoner counts, and offenses can be any misdemeanor or felony. These companies are Corrections Corporation Of America (
http://en.wikipedia.org/wiki/Corrections_Corporation_of_America ), The Geo Group Inc ( http://www.thegeogroupinc.com/ ), and Cornell Companies (
http://finance.google.com/finance?client=ob&q=NYSE:CRN ); not much about their rendition agreements to send/accept arrays of convicts/accuseds transnationally, if any, or denial(s) that such exist(ed), to within author seems publicly available. By coincidence, it seems the number of jobs they create is eclipsed by the number of incarcerated they handle; beyond concern of too many inmates stressing too few guards or creating "need" for Alcatraz-type harsh "warnings to others", not much independent stuff online about how the released transition into what community(ies), where, or how successfully, if at all.
In that bailouts are a form of government ownership if temporary, such firms are part of the Wall Street bailout, and ordinarily these firms contract with governments and always have public money thus expended upon them which somehow winds up in hands of private investors, in the Conservative pursuit of individual responsible freedom, Constitutional protections for all, and Conservative use of money, I humbly submit that it might be a good idea to ask any President, Congress, and one's local officials just how much a part of their plans such companies will be...and what the point of operating or letting stand government holding tanks is should such companies wind up with all business anyway.