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Can other countries own another's prison system through stock buying?

Medfinder

Chemon 91
U.S. Has World’s Highest Incarceration Rate

Since 2002, the United States has had the highest incarceration rate in the world. Although prison populations are increasing in some parts of the world, the natural rate of incarceration for countries comparable to the United States tends to stay around 100 prisoners per 100,000 population. The U.S. rate is 500 prisoners per 100,000 residents, or about 1.6 million prisoners in 2010, according to the latest available data from the Bureau of Justice Statistics
https://www.prb.org/us-incarceration/

with this in mind... can another country through INVESTMENT..majority own some or all of these institutions?



some states like Florida law prohibits shareholders from selling or “otherwise distribut[ing]” any information or records obtained from the company for reasons that are not related to the proper purpose specified when requesting the records, with a fine of $5,000 applicable for violations of that provision. As a result, GEO Group’s shareholder list cannot be distributed without violating Florida law and incurring civil penalties.

Thus, the individual shareholders who own stock in both CCA and GEO remain shrouded in secrecy – much like private prison companies themselves, which have a long history of being non-transparent and lacking public accountability even though almost all of their revenue is obtained from government contracts paid with taxpayer funds.
https://www.prisonlegalnews.org/news/2015/jul/31/who-owns-private-prison-stock/

so just how many printing presses does it take to own another country LOCK STOCK AND BARREL?
 

Jellyfish

Invertebrata Inebriata
Veteran
Wow! This means I could go to a Mexican jail without the hassle of actually going to Mexico. Good to know!
 

Gry

Well-known member
[FONT=Arial, Helvetica, sans-serif] Can other countries own another's prison system through stock buying?
Only in the land of the free.

[/FONT]
 

Medfinder

Chemon 91
more interesting news only in america...THE LARGEST INCARCERATOR IN THE WORLD!

$500,000 Green Card -- a path to legal residency that begins with an offer by a wealthy foreign national to invest half-a-million dollars in an approved project that promises to create American jobs.

SO... if you have a reserve currency... china yaun british pound sterling... usa dollar.

printing presses print currency. america has laws about how much currency can be printed as does the UK.

what about china? yaun backed by Gold .
China just began printing an unexpectedly large amount of money
https://www.businessinsider.com/china-m2-printing-money-2016-2?r=UK&IR=T

LIKE A UNLIMITED AMOUNT OF MONEY AT A POKER GAME...


ya.. with many willing to come to america with 500,000 dollars to live in america.

are they escaping from ternary? or beating capitalism at its own game.


of course us officials looked the other way when money would put persons first over other applicants.


will the chinese out print any other countrys off thier land?

why fire a shot when you can print them off?
The CBPMC bases its production of currency on the macroeconomic planning of the People's Bank of China.


THE CHINESE THE FIRST MOVABLE TYPE PRINTERS IN THE WORLD.
 
T

Teddybrae

I 'm pretty sure Australian prisons have o/seas investors, if not Owners.


What a bizzarre situation you highlight! the world is a crazy place ...
 

Medfinder

Chemon 91
U.S. Has World’s Highest Incarceration Rate

Since 2002, the United States has had the highest incarceration rate in the world. Although prison populations are increasing in some parts of the world, the natural rate of incarceration for countries comparable to the United States tends to stay around 100 prisoners per 100,000 population. The U.S. rate is 500 prisoners per 100,000 residents, or about 1.6 million prisoners in 2010, according to the latest available data from the Bureau of Justice Statistics
https://www.prb.org/us-incarceration/

with this in mind... can another country through INVESTMENT..majority own some or all of these institutions?



some states like Florida law prohibits shareholders from selling or “otherwise distribut[ing]” any information or records obtained from the company for reasons that are not related to the proper purpose specified when requesting the records, with a fine of $5,000 applicable for violations of that provision. As a result, GEO Group’s shareholder list cannot be distributed without violating Florida law and incurring civil penalties.

Thus, the individual shareholders who own stock in both CCA and GEO remain shrouded in secrecy – much like private prison companies themselves, which have a long history of being non-transparent and lacking public accountability even though almost all of their revenue is obtained from government contracts paid with taxpayer funds.
https://www.prisonlegalnews.org/news/2015/jul/31/who-owns-private-prison-stock/

so just how many printing presses does it take to own another country LOCK STOCK AND BARREL?

RUNNING RAMPANT.



The dark, disturbing world of the visa-for-sale program

INTERNATIONAL IMMIGRATION
The dark, disturbing world of the visa-for-sale program


On Nov. 15, 2012, about 100 people gathered in a parking lot near O’Hare Airport in Chicago for a ceremonial occasion: the demolition of a fleabag motel to make way for what was intended to be a world-changing construction project. Next door to a Hooters restaurant, just off the Kennedy Expressway, was to rise a commercial and environmental wonder—the “World’s First Zero Carbon Platinum LEED-certified and 100% Allergen Free convention center and hotel complex.” Lest anyone doubt its global eco-import, the project’s developer was branding it as a “Kyoto Protocol Centre.” At a projected cost of $913 million, it was to include three connected towers—14, 17, and 19 stories tall—containing five upscale hotels with 995 suites and rooms, four levels of convention space, a green roof with a spa and yoga studio, a miniature golf course, and a 1,720-car “automatic robotic” parking garage. All this would be financed with the help of a government immigration program known as EB-5, which allows wealthy foreigners to obtain U.S. citizenship by sinking $500,000 apiece into a venture that creates American jobs. Spellbound by the sales pitch—which included “guarantees” that the project would deliver visas and juicy returns—nearly 300 eager Chinese investors had anted up a total of $147 million.

Now construction was finally about to begin—or so Anshoo Sethi had told everyone. Sethi was the project’s mastermind, a slender, soft-spoken young man with a grandiose vision. Nattily dressed as usual, in a cream-colored suit with a lavender tie and pocket square, Sethi presided over the proceedings in a white tent festooned with balloons. There was champagne, hors d’oeuvres, and cupcakes. Superstitious, he had sought the insights of a “corporate astrologer,” who had instructed him to place a “money plant”—associated in Indian culture with prosperity and fortune—next to the podium.

The dozen speakers at the ceremony included two Chicago union bosses, who praised the development’s pledge to generate 8,495 jobs; Sethi’s real estate adviser, who gushed about the prospects for the complex’s name-brand hotels; a state senator; and Kevin Wright, a consultant who had helped Sethi raise all that Chinese cash.

Also speaking was Anshoo’s father, Ravinder, who had emigrated from India to the U.S. in 1977. The project’s offering memorandum, which listed Ravinder and Anshoo as the deal’s principals, described father and son as seasoned, respected veterans of real estate and hotel development.

The truth was rather different: Ravinder was a pharmacist and small-time businessman with a felony drug conviction in his past; more recently he’d been forced to sell his storefront pharmacy on Chicago’s South Side after inspectors had discovered more than 200 unlabeled bottles of pills on the premises.

In the offering memo, Anshoo was said to have “over 15 years of experience in real estate development and management, specifically in the lodging area.” In fact, his business experience mostly consisted of managing the family’s motel—the very structure they were preparing to demolish—to disastrous effect. If you believed the offering document, Anshoo would’ve had to enter the industry at age 14, because he was still only 29.

But no one at the festivities seems to have troubled with such details. After the speeches were over, everyone donned white hardhats to pose for photos with the ceremonial chrome shovels Anshoo had purchased for the occasion. He then climbed into the seat of a backhoe. With an operator directing him, Sethi tore a symbolic first chunk out of the old motel, starting to clear the site for the glorious new complex that was certain to rise soon.

Demolition begins at the Sethis' motel in late 2012.


You may never have heard of EB-5, the program that delivered $147 million to Sethi’s convention-center dream. It is one of the least explored of the many dark corners in America’s deeply troubled immigration process.

Immigration dominates the news today, and it’s just the latest crucial issue locked in a bitter Washington stalemate. The consequences have been dire. Whether it’s tens of thousands of impoverished children detained by border officials and clogging government facilities, or scientists and engineers highly coveted by technology companies who aren’t permitted to remain here, the U.S. is preventing countless foreigners from staying in this country.

Increasingly, the skilled and the poor are out of luck. But the rich are another matter. The program (EB-5 is short-hand for the government’s fifth employment-based visa “preference”) allows well-heeled foreigners to leap to the front of the line by simply plunking down $500,000.

From the law’s inception in 1990, selling potential citizenship to the rich struck many as a corruption of American ideals. “Have we no self-respect as a nation?” asked Texas congressman John Bryant on the House floor that year. “Are we so broke we have to sell our birthright?”

But that powerful objection was overcome with an even more potent counterforce: The program would generate jobs where they’re needed most. Immigrants seeking EB-5 visas must invest their half-a-million dollars in a new business that creates 10 full-time U.S. jobs in a high-unemployment or rural district. (Technically, one can obtain an EB-5 visa for $1 million with no requirement that the jobs benefit a struggling area; in reality, few apply under that provision.)

Today EB-5 commands bipartisan support—and it’s booming. Believers tout the program as a “win-win-win” that helps immigrants and U.S. workers, and provides valuable investment in American communities. A trio of billionaires—Warren Buffett, Bill Gates, and Sheldon Adelson—recently endorsed the program in an op-ed column in the New York Times.

But because the EB-5 industry is virtually unregulated, it has become a magnet for amateurs, pipe-dreamers, and charlatans, who see it as an easy way to score funding for ventures that banks would never touch. They’ve been encouraged and enabled by an array of dodgy middlemen, eager to cash in on the gold rush. Meanwhile, perhaps because wealthy foreigners are the main potential victims, U.S. authorities have seemed inattentive to abuses.
https://fortune.com/2014/07/24/immigration-eb-5-visa-for-sale/



WAS THIS 100 HOME ALL CHINESE COMMUNITY INVOLVED WITH THIS VISA PROGRAM?

https://www.usnews.com/news/best-st...-growing-houses-tied-to-china-based-criminals

HOW MANY MORE?
 

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