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.

  • @orclev@lemmy.world
    10•10 days ago

    Funneling public money directly into the hands of his cronies was the point all along, everything else is just a bonus to Trump. I guarantee somewhere in there there are also kickbacks going to Trump and his buddies as well. If we ever manage to dislodge this bloated parasite we’ll need a whole army of forensic accountants to go over every action he’s ever taken to document all the embezzlement and fraud and maybe claw some of that money back.