Private prisons also saw a huge bump in stock prices. GEO Group is up a shocking 26% this morning and CoreCivic—once known as Corrections Corporation of America—is up 20%.
Wow. A lot of people know what's coming and don't give a damn.
this post was submitted on 06 Nov 2024
450 points (98.1% liked)
News
23297 readers
3848 users here now
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
founded 1 year ago
MODERATORS
All they know is profit.
Looks like Israel’s investment paid off.
And we can thank a lot of the "Holocaust Harris" and "Blue MAGA" "don't vote for genocide" assholes for that too.
Does that math check out? How about the math that shows how Harris didn't even peel off an extra 1 percent of registered republicans, despite pandering so hard to the right.
No.
We can thank the Dems and DNC who thought accepting millions in Israeli lobbying was worth handing the country to Trump.
It’s the Democrats fault, not the voters.
I don't think blaming voters is a good idea. There were signals that people would be more likely to vote for Harris if she, for example, agreed to stop sending arms to Israel (more than the voters she'd lose by doing that). The campaign ignored that.. if they tell you what they want and you ignore it that's kinda on you. Trying to rehab the Republican party ("Country over Party") instead of going out there and hammering home her policy, how she would make things better for voters... there were lots of mistakes made.
It is almost always the non-voters that are the problem. In this case it was a combination of demographics that just chose not to vote at all which led to Trump winning.
She made a huge mistake by not hammering on Trump's "Take the guns and figure out due process later," bit. 2A is a huge issue for the Rs.
Blame the voters? No. I blame the people telling them not to vote for "Holocaust Harris."
Blue MAGA doesn't exist
I am aware of this. I think you need to re-read my post.
Devastating: getting caught not reading on the internet
In my defense, I see Blue MAGA thrown around from both sides of the Palestine situation.
I hate Trump and voted for Harris and I'm spiraling today. That being said, my stocks have gone up $1,700 today, so that's nice I guess. I don't have faith that the market will hold for long though.
Stock prices going up doesn't matter unless you're selling
Pricing in all the jjuicy tax breaks and stock buy backs from all that extra cash.
BuT hE's NoT tHe StAtUs QuO
Covid wasnt the status quo and it made rich people richer than any other disaster in history. If you think the status quo is the only way the rich make money you'd be mistaken.
The rich actually get richer by capitalizing off of disasters.
"The time to buy is when there's blood in the streets." - Baron Rothschild.
Yep Naomi Klein has a book titled The Shock Doctrine that has explored this. Its a good read if you haven't already.
He's not, he's worse
Functioning as designed.
No surprise to anyone.
I'm really not trying to be conspiracy brained, seriously, but won't the DNC also be making money from a Trump presidency? Stocks/private contracts of the DNC executives aside, don't they also get huge amounts of donations when they're the "opposition"?
I'm not saying they purposely ran a shitty campaign, but they clearly have a "silver lining" for if Trump won compared to us normies. Man, it's so fucked, please someone give me evidence to the contrary, I beg.
It doesn't increase donations to lose an election. Donors like to think they are making a difference. Maybe when the midterms get rolling, but for a while they'll be in a slump.
Assuming we have midterms