Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> any dollar they don't spend, they get to KEEP

I'd love a source on that.



I’ll give you a too-big-to-be-illegal example. Geogroup, now named CoreCivic. It’s the largest owner of private prisons and jails in the US. They, along with other private prison corporations, engage in far more corruption than just pocketing the extra change though. They actively lobby legislators for mandatory minimum sentences and other law changes so that America can continue to be a world leader in the highest percentage of prisoners per capita.

Their 2024 revenue was $2B.




Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: