, 7 tweets, 3 min read Read on Twitter
JPMorgan announced yesterday it “will no longer bank the private prison industry.” reuters.com/article/us-jp-… A thread... (1/7)
Worth repeating: the U.S.'s biggest bank will stop the $$ to its biggest private prison company. CoreCivic “invented” the idea of for-profit incarceration, explaining "you just sell it like you were selling cars or real estate or hamburgers." splinternews.com/the-largest-pr… (2/7)
And sell they did. In one instance, the company proposed taking over state prison systems - in exchange for assurances that states would keep them at least 90% full. huffingtonpost.com/2012/02/14/pri… (3/7)
How? Well, states could use sentencing laws originating from the ALEC task force CoreCivic was on - and sometimes headed - for almost 20 years. sourcewatch.org/index.php/Core… (4/7)
As a result, "companies like CoreCivic and GEO Group [are] making billions of dollars every year," says @J4J_USA's @brothajitu, "on the backs of inmates, their families and the people who work in their facilities." prwatch.org/news/2019/02/1… (5/7)
"Mass incarceration is not only a racial justice issue and a civil rights issue, it is also an investment issue," writes @aftunion, taking aim at the profit motive of private prisons: aft.org/sites/default/… (6/7)
Meanwhile, ALEC continues to draft policies that drive incarceration rates, hurting regular people for the benefit of corporate profits. Take a look - is your state legislator an ALEC member? Let them know, it's time to go.
standuptoalec.org/stoptheswamp/ (fin)
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