andruomail

Private Prisons: A Reliable American Growth Industry

That's a tough one. On one hand a private corporation should never have the power to run prisons, it should just be in the hands of sworn law officers. On the other hand you have long-term govt contracts and captive customers who stay or come back year after year, and really don't have the option to complain much about quality. The main investment risk sounds like if the govt comes to its senses and stops contracting out prisons.