Palantir, Geo Group and CoreCivic, cogs in president’s enormous detention and deportation machinery, report ‘unprecedented growth’

Palantir, Geo Group and CoreCivic, cogs in president’s enormous detention and deportation machinery, report ‘unprecedented growth’

The tech, surveillance and private prison providers arming Donald Trump’s massive expansion and weaponization of immigration enforcement are running a victory lap after reporting their latest financial results.

Palantir, the tech firm, and Geo Group and CoreCivic, the private prison and surveillance companies, said this week that they brought in more money than Wall Street expected them to, thanks to the administration’s crackdown on immigrants.

Private prison company executives, during their respective calls, could barely contain their excitement, flagging to investors opportunities for “unprecedented growth” in the realm of immigration detention.

  • @frunch@lemmy.world
    51•10 days ago

    Who would have thought providing the pieces to assemble a police state would have been lucrative?!? I bet they wish they did this years ago

    • @Plebcouncilman@sh.itjust.worksEnglish
      37•10 days ago

      I mean they did years ago already. Palantir has been in business for a good while now, working with both democrats and republican administrations. The only difference is that the current administration is more transparent about its lack of respect for its own citizens.