In one of the forums I participate in, I responded to a recent post about investing in correctional facility stocks. My responses was this, "Not a fan, not trying to can gain the world but lose my soul, there are plenty of other opportunities out there."
Here is the rest of my take on it:
"There
are a lot of things that are legal but some things just ain't right. A
for-profit corrections system is one of them. The whole premise is
wrong. You make money based on how many people you can get into prison.
So the only way to stay profitable
is to incarcerate more people. This is not a reform school where you can
send folks to be rehabilitated, this is prison. There is no way to
justify profiting from caging people like animals especially with the
recent situation where one judge was convicted for jailing "kids for
cash."
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