El Coyote Gordo (supergee) wrote,
El Coyote Gordo
supergee

OK, so we don't have the tech yet

Free Enterprise Prisons
(NYSE/FEP/$52.09 PER SHARE)
Over a million individuals are already behind bars, and recidivism rates are rapidly rising, so it's an unquestionably bullish market for FEP with their emphasis on computerized systems that track prisoners' whereabouts by imprinting bar codes on their bodies. The most powerful lobby behind the "three strikes and you're out" legislation was the prison guards' union, an ironic twist inasmuch as the aggressively expanding private prison business employs nonunion guards to man the scanners of those bar codes–Paul Krassner, 1995 (The Winner of the Slow Bicycle Race)
Tags: yesterday's satire--today's news
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