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Saturday, November 08, 2008

Trading Prisoners Like Cattle

All crimes are commercial and have a commercial value to them. It makes you look at improvements to the freeways, cities and towns in a different light … especially when those improvements are funded by ‘municipal bonds.’ You’ll also understand why there’s no hurry to end the war in Iraq.

All criminal prosecution is for the purpose for raising revenue for the United States. Now you’ll have a better understanding of why people are in jail, why they are in prison, why they are on probation and why they are charged with everything from jaywalking on up through murder one.

An American soldier who dies in Afghanistan and Iraq probably carries a $10 million life insurance on him carried by the government. After all, every soldier, marine, or air force person is an asset to the United States. They have a huge investment in that particular soldier and his activity and it can explain why it is that the US is not so anxious to withdraw its troops from that area. It’s a money making activity and they don’t want to talk about the fact that they are making money on death and that they are making money from the incarceration and imprisonment of many otherwise good hearted people who have not necessarily committed otherwise serious crimes.

They have a rule called the 144 holder. The rule is that they can’t sell private investment securities that are not registered. The rule prohibits them from selling the prison bonds. They have to wait 6 months before they can sell a certain quantity of private securities without being registered, selling them as private securities.

Basically there are 8 people on the board of directors of CCA (Corrections Corporation of America) The top holders are Joseph E. Russell and John M. Ferguson. Russell owns 64,000 shares of CCA stock, which is worth about $70 million. Ferguson owns 34,000 shares valued at about $37 million.

Fidelity Management and Research is the top stock holder, the top investment firm that is selling the bonds as investment securities. They pool them and sell them as mortgage backed securities. Also when they pool them, they sell them as mutual funds on the stock market. By “pooling” we mean the securities on the inmates.

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And don't think it is any different here in the UK!!!!

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