Private Prisons & Human Trafficking = Big Business Under Donald Trump
April 24, 2025
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9:59Now PlayingPrivate Prisons & Human Trafficking = Big Business Under Donald Trump
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as posted by the channelPrivate Prisons & Human Trafficking = Big Business Under Donald Trump
Hawk discusses a disturbing article about private prison companies benefiting from immigration enforcement under the Trump administration. He details how companies like GEO Group and CoreCivic saw significant stock price increases (41% and 29% respectively) after Trump's re-election, with executives celebrating the "unprecedented opportunity" this represents for their businesses. These companies derive substantial portions of their revenue from Immigration and Customs Enforcement (ICE) contracts, with GEO Group planning to invest $70 million to expand its capabilities.
Hawk highlights the financial aspects of this situation, noting that ICE recently posted contract proposals worth up to $45 billion for detention facilities, a massive increase from the previous year's $3.4 billion allocation. Both companies have secured lucrative new contracts: GEO Group signed deals for facilities in New Jersey and Michigan worth $60-70 million each, while CoreCivic reopened a family detention center in Texas expected to generate $180 million annually. These corporations have spent approximately $1.5 million each on lobbying and made significant political donations, primarily to conservative groups and Trump's campaign.
Hawk expresses moral outrage throughout the video, pointing out concerning connections between these companies and government officials, including board members with ICE backgrounds and former lobbyists in government positions. The podcast mentions that CoreCivic paid $4.4 million for mistreatment complaints including 22 prisoner deaths in Tennessee alone.
He concludes by noting that while Trump aims to deport one million people this year (with a goal of removing all 11 million undocumented immigrants), this would cost approximately $88 billion and lose the nearly $100 billion undocumented immigrants pay in federal taxes annually.
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