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a sign out front with their stock price to let them know how the company was doing corrections corporation of america and geo group are the two largest private prison companies with combined revenues of two point nine billion dollars last year but critics say they've been using that financial clout to line their own pockets even further encouraging politicians to keep going with the heavy handed sentencing program by launching an influential lobby campaign in the corridors of power are being in the order to influence public officials only a small part of the private prison industry is. to cheap oleson check and others include campaign donations so the companies make hundreds of thousands of dollars in donations to politicians nationwide both on the federal and state levels with most states and the federal government currently operating under record deficits and budget cuts private prison companies are pitching their facilities as lower cost alternatives and while most americans continue struggling during this economic downturn mass incarceration may grow even more profitable during upper nile artsy n
a sign out front with their stock price to let them know how the company was doing corrections corporation of america and geo group are the two largest private prison companies with combined revenues of two point nine billion dollars last year but critics say they've been using that financial clout to line their own pockets even further encouraging politicians to keep going with the heavy handed sentencing program by launching an influential lobby campaign in the corridors of power are being in...
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lucrative for example pairing of a young turk about a leak presentation to investors but a correction corporation of america the largest for profit prisons. you don't see a story. you think you understand it and then. you saw the part of it and realized everything you. are welcome to the think. i'm mr. up in the lower so you'll get a real headlights look not. the problem with the mainstream media today is that they're completely disconnected from the viewers and for what actually matters to those viewers and so that's why young people just don't watch t.v. if they want news they go online and read it but we're trying to take those stories that people actually care about and transfer them back in t.v. . is the state. speaking russian channel it's kind of like. russia today has an extremely confrontational stance when it comes to us. our guys it's time for you said it i read it i take time to respond to my brilliance and engaging viewer comments from facebook twitter and you tube for me to say i listen now on monday i dedicate my opening mainstream this segment to the sixteen victims of the massacre in afghan
lucrative for example pairing of a young turk about a leak presentation to investors but a correction corporation of america the largest for profit prisons. you don't see a story. you think you understand it and then. you saw the part of it and realized everything you. are welcome to the think. i'm mr. up in the lower so you'll get a real headlights look not. the problem with the mainstream media today is that they're completely disconnected from the viewers and for what actually matters to...
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for an experience of the young turks about a leak presentation to investors for the corrections corporation of america a largest for profit for. the same. people calling like you said for free and fair elections. and they're still reporting from the. if you can hear behind me loud explosions. i get it gave me. a. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else and here's some other part of it and realize that everything is ok you don't. charge the big. guys it's time for you said it i read it right they kind of respond to my brilliance and engaging they were comments from facebook twitter and you tube and you mean to say i listen now on monday i dedicated my opening mainstream this segment of the thinking victims of the massacre in afghanistan taking time to read the name of each victim. spoke about the need for the media to talk not only about the man accused but to care about those whose lives he ended or saved a lot of positive feedback from our viewers on this the forty four prods that on you tube thank you for respecting those tra
for an experience of the young turks about a leak presentation to investors for the corrections corporation of america a largest for profit for. the same. people calling like you said for free and fair elections. and they're still reporting from the. if you can hear behind me loud explosions. i get it gave me. a. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else and here's some other part of it and realize that everything is ok...
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well the corrections corporation of america is the largest private prison firm in the country with over sixty facilities across the united states and thousands of prisoners within its walls this wall street giant is raking in the profits but why settle for rich when you can get richer like any smart business the c.c.a. is actively courting and investors said than this industry more profit is tied to well more people behind bars and the business insider recently unearthed the following creepy sales pitch from the c.c.a. it's billed as a quote unique investment opportunity for all and it highlights a number of selling points like the fact that private prisons are quote recession resistant private prisons make up just ten percent of the industry so the growth potential in this quote large and under penetrated market is huge and with a virtual monopoly on the industry the c.c.a. does not have to worry about competitors getting in its way now the other thing here is should the economy turn around not to worry good times actually mean higher incarceration rates than for private prison compani
well the corrections corporation of america is the largest private prison firm in the country with over sixty facilities across the united states and thousands of prisoners within its walls this wall street giant is raking in the profits but why settle for rich when you can get richer like any smart business the c.c.a. is actively courting and investors said than this industry more profit is tied to well more people behind bars and the business insider recently unearthed the following creepy...
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attempt to privatized prisons on a mass scale here in the us having opposed to real corrections corporation of america the largest private prison company had offered a deal to the states selling is a great way to fix their budget woes the company proposed in exchange for cold hard cash and the states would just have to sign a twenty year contract and c.c.a. also require that the prisons be capped at ninety percent capacity now right over not only the evidence out there that shows the prison private is privatization does not in fact save money but also the sickening idea that states actually have to promise to provide enough criminals now thankfully. groups out there speaking out against this and a letter spearheaded by the a.c.l.u. and signed by twenty six other organizations they call the governors of all fifty states to reject this offer from corrections corporation of america and warn that their offer is a backdoor invitation to take on additional debts increasing c.c.s. profits and impeding the serious criminal justice reforms needed to combat the nation's mass incarceration crisis and the thing i
attempt to privatized prisons on a mass scale here in the us having opposed to real corrections corporation of america the largest private prison company had offered a deal to the states selling is a great way to fix their budget woes the company proposed in exchange for cold hard cash and the states would just have to sign a twenty year contract and c.c.a. also require that the prisons be capped at ninety percent capacity now right over not only the evidence out there that shows the prison...
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extreme right wing membership organization comprised of state legislators and powerful multinational corporations including the corrections corporation of america. sounds ominous but what exactly is it and what is the do and more importantly why is it the focus of all these protests over the answer that we turned to journalist leave thong take a look. the american legislative exchange council has existed for thirty years it's a nonprofit and for a long time it's existed under the radar it's essentially an organization that brings together state legislatures state legislators excuse me of any state senators state assemblyman state of representatives together with corporate lobbyist and those corporate lobbyist are paired with these legislators and help them write legislation that's helpful to corporations that the lobbyists represent the lobby on example well one of the most. famous ones in recent years. the corrections corporation of america this large for profit prison corporation and work with alec twenty years to privatized prisons in states across the country and also to basically put more people in jail they they were behind a three strike
extreme right wing membership organization comprised of state legislators and powerful multinational corporations including the corrections corporation of america. sounds ominous but what exactly is it and what is the do and more importantly why is it the focus of all these protests over the answer that we turned to journalist leave thong take a look. the american legislative exchange council has existed for thirty years it's a nonprofit and for a long time it's existed under the radar it's...
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well the corrections corporation of america is the largest private prison firm in the country but there were sixty facilities across the u.s. and thousands of prisoners within its walls the wall street giant is raking in the profits but i settle for rich when one can get richer and like any smart smart business the c.c.a. is actively courting investors billing itself as the smartest recession time investments during these tough economic times now keeping people locked up isn't a cheap sort of activity so at a time when states are struggling with budget shortfalls the c.c.a. is offering to help in january but firm sent a letter to forty eight states with a sales pitch that went something like this we're going to buy your prison will go hire prison now if you keep it mostly full and pay us now for the next two decades so all that's safe have to do is make sure their prison population never dips below ninety percent what could possibly go wrong and now there is this bizarre financial presentation explaining why the c.c.a. is a quote unique investment opportunity for all among the highlight
well the corrections corporation of america is the largest private prison firm in the country but there were sixty facilities across the u.s. and thousands of prisoners within its walls the wall street giant is raking in the profits but i settle for rich when one can get richer and like any smart smart business the c.c.a. is actively courting investors billing itself as the smartest recession time investments during these tough economic times now keeping people locked up isn't a cheap sort of...
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lucrative in the period of the young turks about a leak presentation to investors for the corrections corporation of america a largest for profit. or to live here last two years in central moscow top stories now this crackdown in bahrain security forces attacked anti-government demonstrations with rubber bullets and tear gas group of doctors who treated protesters a standing trial as the western backed regime continues to target opponents. a government under siege interludes has been confirmed dead over thirty hours after french police surrounded his apartment he's believed killed seven people in a fortnight and claims of al qaeda links several officers were wounded in the siege . and china slams washington's latest sanctions against iran aimed at other countries as the u.s. compiles a list of nations to be punished for continuing to import iranian oil beijing tops the list along with india north korea which have been given six months by america to cut sharply their trade with the islamic state. one hour back to washington for part two of the early show now be back with more news for in half an hour from no
lucrative in the period of the young turks about a leak presentation to investors for the corrections corporation of america a largest for profit. or to live here last two years in central moscow top stories now this crackdown in bahrain security forces attacked anti-government demonstrations with rubber bullets and tear gas group of doctors who treated protesters a standing trial as the western backed regime continues to target opponents. a government under siege interludes has been confirmed...
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extreme right wing membership organization comprised of state legislators and powerful multinational corporations including the corrections corporation of america so who are these guys and talk more broadly about the symbolism of groups like this and their role in u.s. politics well alec is a trade organization comprised of some of the largest companies in america and what they basically says is in a more or less words a shadow government they set up legislation to be distributed to corrupt lawmakers across the country so that you see the same anti worker anti consumer bills coming up in state after state the basic fact is some of these corrupt politicians believe in the outsourcing so much they outsource their own stupid ideas and it's not a democracy if it doesn't matter who i vote for are going to get the seam special interest written legislation a matter who ends up in office how can we possibly call this freedom how can we call democracy so i think that really strikes at the heart of what i was she was talking about as well as millions of other people in america russia syria around the world the idea that bridge working class people are vo
extreme right wing membership organization comprised of state legislators and powerful multinational corporations including the corrections corporation of america so who are these guys and talk more broadly about the symbolism of groups like this and their role in u.s. politics well alec is a trade organization comprised of some of the largest companies in america and what they basically says is in a more or less words a shadow government they set up legislation to be distributed to corrupt...
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of it, we have to maintain to make sure they are doing the right thing. there are some things the state can do this we can't contract out to private corporations. >> corrections corporation of americacently said look, during times of an economic downturn we experience no loss in revenue at all in fact, we make money when the economy tanks. during the presentation, they showed a graphic shows that in 2008 and 2009, they were making great revenue. let me tell you how much money they made. they made about $22.7 billion in estimated annual growth and that was in 2010 alone. >> and then $2.9 billion is their profit, i believe. >> yes. >> so, you know, that's a healthy profit. by the way in that presentation, they say we have so much more potential. if we can lock up more immigrants, that will be more prison population for us. as i'm reading that, i'm saying look at incentive system, private corporations give money to politicians, then politicians give you private prisons and say hey, you know what, i need more prisoners, go lock up more people and that's us they're locking up. >> keep in mind that they do whatever they can to cut costs to raise as much revenue as possible. we have an ex
of it, we have to maintain to make sure they are doing the right thing. there are some things the state can do this we can't contract out to private corporations. >> corrections corporation of americacently said look, during times of an economic downturn we experience no loss in revenue at all in fact, we make money when the economy tanks. during the presentation, they showed a graphic shows that in 2008 and 2009, they were making great revenue. let me tell you how much money they made....