Management revenue from our state partners increased to
$215.8 million during the first quarter of 2012 compared with $213.8 million
during the prior year period. State revenue increased primarily due to higher
inmate populations from the state of Ohio
Total management revenue for the first quarter of 2012
increased to $434.2 million from $423.8 million during the first quarter of
2011. For the first quarter of 2012, CCA generated net income of $31.7 million,
or $0.32 per diluted share, compared with net income of $40.3 million, or $0.37
per diluted share, for the first quarter of 2011
For the first quarter of 2010, CCA generated net income
of $34.9 million, or $0.30 per diluted share, compared with net income of $34.6
million, or $0.29 per diluted share, for the first quarter of 2009. Total
revenue for the first quarter of 2010 increased 2.7% to $414.9 million from
$404.2 million generated during the prior year period, primarily driven by a
2.7% increase in average daily inmate populations.
Funds From Operations, which excludes maintenance and
technology capital expenditures, increased to $84.6 million during the first
quarter of 2010 from $83.3 million in the prior year quarter.
"I would say ALEC is a good investment.
Nowhere else can you get a return that high."
ALEC has been berry, berry good to me!!!!!!!!!!!!!!
Found this on Think Progress this morning:
An Ohio prison owned by
Corrections Corporation of America, one of the largest private prison companies
in the US, has failed to meet state standards in food quality, sanitation,
hygiene, and many other areas, according to a recently concluded audit. In
total, the CCA prison had 47 violations.
CityBeat details the abysmal
conditions at the Ohio facility, the first privately owned state prison in the
country:
Read the whole thing
>>>>>HERE<<<<
Knowledge is YOUR FRIEND!!!!
ALEC
ALEC Privatization Philosophy
Private Prisons
Ohio
John Kasich
Correction Corporation of America (CCA)
KASICH AS ALEC
More than 30 years ago, a small group of state
legislators and conservative policy advocates met in Chicago to implement a
vision:
At that meeting, in September 1973,
state legislators, including then Illinois State Rep. Henry Hyde, conservative
activist Paul Weyrich, and Lou Barnett, a veteran of then Gov. Ronald Reagan’s
1968 presidential campaign, together with a handful of others, launched the
American Legislative Exchange Council. Among those who were involved with ALEC
in its formative years were: Robert Kasten and Tommy Thompson of Wisconsin;
John Engler of Michigan; Terry Branstad of Iowa, and John Kasich of Ohio, all
of whom moved on to become governors or members of Congress. Congressional
members who were active during this same period included Senators John Buckley
of New York and Jesse Helms of North Carolina, and Congressmen Phil Crane of
Illinois and Jack Kemp of New York.
CCA AS ALEC
CCA has been a member of the
American Legislative Exchange Council (ALEC) for over two decades and
reportedly left the organization in 2011. [5]
Laurie Shanblum, the Senior Director
of Partnership Development for CCA, was the corporate chair of the Public
Safety and Elections Task Force during portions of the mid-to-late 1990s, and
was a member of its Executive Committee circa July 2011. [5][6] Shanblum was
also on that task force's Homeland Security Subcommittee.[7]
And I have posted many times on CCA – one entry was in
response to ALEC’s BLATANT LIE about not being associated with CCA. You can read that entry >>>HERE<<<.
ALEC KASICH and CCA and ALEC PRIVATIZATION PHILOSOPHY
Private prison companies have benefited from their relationships with government officials as evidenced by
appointments of former employees to key state and federal positions. The
pervasiveness of these connections is evidenced with the recent example from
the Kasich Administration in Ohio.
After serving 18 years in the U.S.
House of Representatives John Kasich retired in 2000 and took a managing
director position in Ohio with Lehman Brothers. Lehman Brothers has a long standing history
with private prison companies, spending most of the late 1990s and 2000s before
their collapse underwriting bonds and managing credit for both CCA and Cornell.
After winning the governorship of Ohio
in 2010, Kasich laid out his plans for privatizing state prison operations along
with appointing a former CCA employee to head the Ohio Department of
Rehabilitation and Correction. Rounding
out Kasich’s connections to CCA is his close friend and former Congressional
chief of staff whose lobbying firm was hired to represent CCA in January 2011.
The ALEC mantra - move everything to the states.
The ALEC mantra - privatize all government services.
Lousy state service - provided by ALEC "profitization" members.
Screwing over the taxpayers and citizens (all of us) of the USA
The ALEC mantra - privatize all government services.
Lousy state service - provided by ALEC "profitization" members.
Screwing over the taxpayers and citizens (all of us) of the USA
- becausetheycan
- becausetheyareALEC.
"An Ohio prison owned by
Corrections Corporation of America, one of the largest private prison companies
in the US, has failed to meet state standards in food quality, sanitation,
hygiene, and many other areas, according to a recently concluded audit. In
total, the CCA prison had 47 violations."
This is what the ALEC privatization experiment being forced on the USA by the American Legislative Exchange Council really looks like.
It's a sham!
It's a LIE!
It is ALEC.
It is all about providing increased revenue benefits for ALEC corporate profit sector members.
We MUST make sure
that ALL members of ALEC
are not elected or re-elected.
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