General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsFor those so inclined, your entire existence can be boiled down to one objective...
... profitability!
Border Czar Tom Homan as the Top Architect of Donald Trumps Immigration Agenda previously received Thousands of Dollars from GEO Group, who are currently Raking in Millions from Deportations. ~ Now, there's some damn swamp draining in action, huh?
◘ GEO/Core Civic Groups
Chairman George Zoley of the GEO said the company stands to gain up to $1 billion in additional revenue from surveilling and detaining undocumented immigrants. Zoley calls the mass deportation plans from the TSFs administration an unpresidented opportunity.
Feb. 27, 2025: On todays quarterly earnings call, for-profit prison operator GEO Groups new CEO (David Donahue) announced that this is an unprecedented time in our companys history. We believe the scale of the opportunity before our company is unlike any weve previously experienced.
For-profit prison companies CoreCivic and GEO Group are primed to benefit from Trumps white supremacist agenda to round up, detain, and deport millions of immigrants. In January, Trump signed the Laken Riley Act, which requires mandatory detention of undocumented immigrants who are charged with low-level offenses, including shoplifting, as well as more serious crimes. Trumps Attorney General, Pam Bondi, is a former GEO Group lobbyist.
GEO Group estimated that based on public statements from ICE, implementation of the Laken Riley Act would require at least an additional 60,000 detention beds. Some estimates have put that number at over 110,000 beds. Zoley said the new law will also require a significant ramp up in electronic monitoring services. In addition, they expect the upside potential from all these opportunities could represent as much as $800 million to $1 billion in incremental annualized revenues. The company is currently $1.7 billion in debt. This is a unique moment in our companys history. We believe we are well positioned to scale up our diversified segments in secure housing, transportation, electronic monitoring to meet the changing needs of this new administration, and to continue to enhance value for our shareholders. Zoley said GEO Group is the single largest contractor to ICE and the largest provider of secure transportation services for ICE.
But the White House says that there's nothing wrong with this situation. ~ Scary Stuff!
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Sources:
https://www.washingtonpost.com/business/2025/05/27/border-czar-ethics-consulting-fees/
https://www.wishtv.com/news/politics/hegseth-camp-atterbury-to-be-used-for-immigrant-detention/
https://americasvoice.org/blog/private-prisons-are-set-to-massively-profit-from-stephen-millers-mass-detention-agenda/
https://theappeal.org/geo-group-earnings-mass-deportations/

pat_k
(11,473 posts)None of which fully captures where we are.
Hey Joe
(117 posts)Down to the very essence of what America has come to represent. Sadly
allegorical oracle
(5,376 posts)a compliant Nazi. Never understand people who will sacrifice their souls for money, especially when the job demands cruelty.