Saturday, December 02, 2006

You can't make this stuff up

posted by The Vidiot @ 9:10 AM Permalink

In the UK, they're thinking of letting people invest in the prison system.
Excerpt: Over the summer the home secretary said he had won cabinet backing for 8,000 extra prison places, with 4,000 to be provided in existing jails and a further 4,000 in three "super-prisons" each housing 1,300 inmates, double the normal capacity. The model uses "real estate investment trusts" (Reits) which are to be launched by the Treasury in January and will enjoy tax exemptions.
So basically, investors will actually WANT the police and the court system to incarcerate as many of their fellow citizens as possible so that the newly built prisons they invested in will be filled to capacity and will therefore be profitable.

Does anyone else think that's really twisted?


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