Thursday, August 6, 2009
CCA reported its quarterly earnings today. They earned $32.6 million in net income over the past quarter (3 months, or about 90 days). That comes down to more than 322 THOUSAND dollars EVERY DAY that they made in profit, from taxpayer dollars. What is even worse is that "conservative" economic policies and politicians are the biggest proponents of private prisons, while they complain about taxing people who earn more than $250,000 per year to improve health coverage. I guess it makes sense, though, since so many of them invest in private prisons, like Mr. Cheney and Gonzalez.