Private prison stocks soared after President-elect Donald Trump promised that there would be mass deportations. NBC News’ Brian Cheung details the effect this could have on ICE and migrant families.
  • Maeve@kbin.earth
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    23 days ago

    Nazis abound. I wonder how many 401k and mutual fund investors would be horrified if they knew they were invested in these?

      • undefined@lemmy.hogru.ch
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        23 days ago

        Say I find out my 401k is investing in this. What do I do to get out of the situation? Would I have to completely stop contributing to it (and lose employer matching) or something else?

        I do have a 401k but before that I really loved investing on my own and avoiding this stuff. I wish I could have them dump the funds into my own account but obviously that’s not possible.

        • SulaymanF@lemmy.world
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          23 days ago

          Good question. Pressure your employer or HR about it, they have the power to pressure the managers of the fund to divest.

          Divestment has worked for large institutions; for example my university divested from some industries with bad human rights abuses.

    • adarza@lemmy.caEnglish
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      23 days ago

      i wonder how many of donvict’s comrades and accomplices hold stock in them.

  • Vanderdeckenscopilot@lemmy.world
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    23 days ago

    Hey everybody. This means that the plan is to deport anyone that is deportable and then use the prison system as labor/workers instead. Slaves. The prison system owners will get their cut of “wages” and the stock holders will get their cut as well. The prisoners(slaves) will get to “work” off their sentances.

  • pivot_root@lemmy.world
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    23 days ago

    I would like to say I’m surprised, but I’m really not… you could see this one coming from a green mile away.

  • Snapz@lemmy.world
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    23 days ago

    The stock market is such a predatory thing… we’re just so systemically fucked in this reality.