1112 chop up and feed the dog(1/2)
To be honest, before investigating this Percy, Xiao Feng didn't know much about the US judicial system.
He only knows that the crime rate in the United States is high, and the prisoner detention rate is the highest in the world.
But he really doesn't know that even prisons in the United States are private.
The private prison industry alone has a net profit of more than 10 billion US dollars per year.
This is a big business with a price of more than $60,000 a year.
There are various juvenile custody offices for teenagers in the United States, but they are called behavior correction centers, which mainly detain teen prisoners.
There are also various prisons that specifically detain heavy prisoners, and on the contrary, there are light prisons that specifically detain children of wealthy families or white-collar workers.
And those light prisons are more like resorts than prisons.
In prison, you can live in a suite of different levels as long as you pay.
It's really no different from going on vacation.
Moreover, those who can do prison business in the United States are not ordinary people, because this requires federal permission.
But most people can't get this permission.
So in the private prison field, it is just the territory of a few big zombies.
Why is it so difficult to get into this business if you want to obtain a federal license?
That's entirely because doing this business is a sure profit without losing money, so the big tycoons who come in first naturally have to stop the backwards from sharing their share of their pie.
Before the investigation, Xiao Feng could not imagine that opening a private prison was so easy to make money.
And they actually dared to sign a contract with the Federation with overbearing terms. Yes, you read that right.
All they issued to the Federation were overlord terms.
The first is that the government must ensure the occupancy rate of private prisons, and according to the contract signed by the federal government and these private prisons in 2011.
The occupancy rate of these private prisons is set at 90%!
Can you imagine that running a prison is even more profitable than running a hotel.
There is still a peak and low season for opening a hotel, and there will be insufficient occupancy rate due to various natural disasters or man-made disasters or fierce competition.
Even the most gimmick hotels in Las Vegas cannot guarantee their occupancy rate, which remains at 90% all year round.
But prison is OK!
Open a private prison, you don’t have to worry about the off-peak season or do all kinds of marketing.
Anyway, the federal government will ensure your occupancy rate in prison.
This is the main reason why the United States has become the country with the most criminals in the world.
They imprison 25% of the world's prisoners, entirely because of these overbearing terms!
Because if the occupancy rate cannot be guaranteed to exceed 90%, then the federal government will lose money!
The second overlord clause is that even if the judge sentences the criminals to private prisons.
But this prison is not something that anyone can come in just because they want to. For example, those criminals with various diseases are not accepted by private prisons.
There are also those heavy prisoners, such as serial murderers or gangsters. Such heavy prisoners are not accepted by private prisons.
When Xiao Feng saw this, he felt ten thousand grass and mud horses running by.
Is this still a prison? How can you still be so picky?
The third overlord clause is even more amazing.
That is, if private prisons go bankrupt if they are not well managed, then the government must support the prison and repurchase it unconditionally...
Will many people feel speechless when they see this clause?
So is Xiao Feng!
When he saw the terms of these investigations, he was really moved.
Is there any more stable profitable business in the whole world than this?
It is really unimaginable that the US government, which is extremely tough to the outside world and always swings big sticks, would sign such a contract with domestic private owners?
These terms all sound extremely fantastic.
But what makes people feel even more fantastic is that the US government’s special girl really signed it.
This is a damn...
And don’t think that these private prisons are just detaining prisoners and living with state funding subsidies.
As long as private prisons are opened and prisoners are sent in continuously, they can open factories.
That's right, this is a slave factory.
From screws, to circuit boards, there is nothing they can't produce.
Their main customers, from IBM, to Microsoft, Boeing, and even McDonald's, are all inclusive.
Prisoners must work under the watch every day and work for six hours before they can eat.
The weekly salary is only twenty dollars.
Most of the profits they created were naturally taken away by prisons.
The prison also gives such behavior in a vain name, which is to help prisoners correct their behavior and learn new production skills so that they can return to society correctly in the future...
As profitable enterprises, they do not pay taxes.
That’s right, as business owners who run prisons, although they are detaining prisoners, their work is not easy and many people will suffer psychological trauma.
Because many methods of punishment for prisoners are inhumane, and as executors, they will also have psychological obstacles over time.
So they used these to negotiate terms with the government and eventually let the government exempt them from taxes, or they would have to reduce taxes.
And Pace's younger brother's CCA company is even more awesome.
A real estate trust fund was directly established, and in the end, all the income from the chain prison he ran was transferred to the trust.
Then he only did a little charity and reduced a large part of the tax.
In the end, he earned tens of billions of dollars a year, but only paid 3.5% of the tax, and the other 96.5% were all in the pockets of the major shareholders.
When Xiao Feng was shocked when he saw the investigation report of Owen and others.
There are such profitable transactions in this world?
Damn it, it's simply a slap in profit!
I don’t have to do anything every year, just sit at home and count the money.
And there was almost no risk, even more money than the Two-Yangtze Railway he built.
It is no wonder that this Percy family was just an ordinary civilian family in Nashville, Tennessee.
But since she entered the judicial system, this ordinary family has suddenly jumped into the dragon gate.
In just twenty years, he became a wealthy nouveau riche in Tennessee.
Especially during the period when Percy became the Attorney General, it only took a few short years.
The CCA prison opened by her younger brother quickly expanded its business across the country.
More than 30 prisons have been opened nationwide.
And in every state, Pessi has installed a few confused judges.
These judges were very quick to sentence cases to teenagers, Latinos, and blacks.
One case can be closed in almost two or three minutes, and those prisoners are the final destination.
Most of them went to the CCA's correction center and prison!
In these four years alone, their prison occupancy rate has reached 99%, and the subsidies received from the state alone have exceeded 2 billion.
This has not counted the money they made to let the prisoners produce various supplies and make money.
For example, the CCA has taken on many orders from the Department of Defense in Indiana prisons.
Military helmets, bullet vests, bullet links, and identity cards are almost all produced by this prison.
The total amount of these orders is as high as US$1.8 billion.
And they also produced 30% of headphones, speakers, and microphones for IBM in Seattle.
When these data are written one by one and are publicly announced in front of Pace.
This lady Pessi, who was extremely arrogant before, was completely stunned by this time.
She really didn't expect that the secret that her family had hidden so deep was revealed by this guy so quickly.
And it's so thoroughly...
To be honest, prison management in the United States has always been a taboo topic.
American journalists and media also know that this involves many bigwigs and judicial departments, so they never dare to investigate or write easily.
To be continued...