Frederick Douglass

"Power concedes nothing without a demand. It never did, and it never will. Find out just what people will submit to, and you have found out the exact amount of injustice and wrong which will be imposed upon them..." Frederick Douglass

Sunday, April 15, 2012

Wells Fargo Now A Major Shareholder In For-Profit Prisons

Let me see now they are going to make money from the prison itself, and the inmate's forced labor--a solid business model. Slavery, the new growth industry.

Soon we are going to have incarceration-backed securities(IBS)--buy a share in the slave''s productivity. And of course we'll need CDO's against the risk of premature parole or a downturn in street crime. But the market will provide solutions...

Capitalism is obscene.