DOJ Reverses Obama-Era Decision To Phase Out Private Prisons

Zero Hedge – by Tyler Durden

Another day, another reversal of a legacy Obama policy.

Moments ago, US Attorney General Jeff Sessions reversed an Obama-era memo to phase out the use of private prisons, signalling his support for federal use of such facilities and advising that the Bureau of Prisons will “return to its previous approach to the use of private prisons.”

Sessions issued a new memo Thursday replacing one issued last August by Sally Yates, the deputy attorney general at the time, in which he said the Obama decision “impaired” the ability to meet the needs of the correctional system.

That Yates memo told the Bureau of Prisons to begin reducing and ultimately end its use of privately run prisons. She said the facilities were less well run than those managed by the Bureau of Prisons, and were less necessary given declines in the overall prison population.

But Sessions says in his memo Thursday that Yates’ directive contradicted longstanding Justice Department policy and “impaired the Bureau’s ability to meet the future needs of the federal correctional system.”

In light of Trump’s aggressive push to round up as many as 11 million illegal aliens currently residing in the US, we can venture the reason behind this expansion of US incarceration facilities.

Meanwhile, the market reaction was quick, with the private prison REITs jumping following the DOJ announcement. Among individual stocks, CoreCivic rose 2.9% post-market while GEO Group was up 0.7%.

http://www.zerohedge.com/news/2017-02-23/doj-reverses-obama-era-decision-phase-out-private-prisons

2 thoughts on “DOJ Reverses Obama-Era Decision To Phase Out Private Prisons

  1. “Moments ago..”
    Huh. Tyler Durden must be the fastest typist on the planet.
    Zoooooommm! Phoooooommmm! Done. Already spellchecked it.
    SEND.
    If he can type all that in a matter of moments…that’s fast.
    Heck, it’s taken me two days just to write this one comment.
    I like how they are calling Obama’s presidency the “Obama-era.”
    Like it happened a couple thousand years ago or something.
    Sorta like there’s a bunch of archaeologists digging a big hole in the ground.
    “Yes, we are standing here on what once was the city of Washington D.C. and if our calculations are correct we should be getting close to the roof of what the local natives of the past referred to as the Bullsh!ttorium. It has a great big round dome and the people who frequented it were often drunk and stoned on cocaine and would tell the most outrageous lies.
    They even had contests to see who could lie the most and the person who told the biggest lies would become their leader.”
    “Wow, that’s just amazing. When you referred to cocaine doesn’t that have something to do with the name of the city? Wasn’t it called the Domain of Cokeheads?”
    “Yes yes, that’s quite correct. A great big bunch of blathering drug addicts and alcoholics. All of them.
    Now over there, at the other dig site, we have found what once was known as the Obama House or sometimes called the Pimp Shack. We don’t know why it was call these things but we are discovering more knowledge of these people every day. There is something strange….”
    “Yes. What is it?”
    “Well, we’ve come across several references to something called Micheal. To this day, neither I nor my fellow archaeologists can figure out what it means. Or, even what it is. It’s a definite mystery.”
    “I see.”
    “Oh. We’re almost to the roof of the Bullsh!ttorium. I have to get back to work. Hey! get those human bones out of the way! I don’t care. Break em if you have to!”
    “Well, that’s all the time we have for now. Be sure to tune in next week for another exciting episode of DolphinHistory Channel. I’m Fin Flipperson. Don’t take any wooden fish.”
    (cut to commercial)

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