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Wells Fargo profiting from for-profit prisons

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Published on Apr 20, 2012

The US prison system is notorious and lately there has been a major shift in privatizing facilities within the industry. Currently, one out of every 100 Americans is behind bars, making the US the country with the highest incarnation rates in the world. The prison industrial complex has a vested interest in keeping people locked up. Wells Fargo is one of the companies that is profiting for the practice and Axel Caballero, founder of Cuentame, joins us with more on the prison industrial complex.

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Top Comments

  • biorgymd

    Americans don’t care about this issue because the vast majority of Americans believe the Fascist Police State will NOT have any effect on them at all, as if they are immune, invisible if you will…. The really sad part is that they are already a suspect and they don’t even know it.

    · 19

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  • bigtruckguy69

    We MUST stop these Fascist rapists profitting from our health, our death, our labor, our lives.

    SAVE AMERICA KILL A FASCIST. WE ARE BEYOND DEBATING OPINIONS. THIS IS WAR!!!

    · 13

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All Comments (138)

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  • Blotrenne Eugene

    Bruno Reglnade

    ·

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  • Blotrenne Eugene

    Adgidgi7@yahoo.com

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  • clownnookie

    Wells Fargo is nothing but a bunch of crooks, criminals & thieves. HSBC and their ilk knowingly launder money for terrorists and places like Iran, and when they get caught, no individuals are fired, no individuals are fined, no individuals go to jail. As a majority, it's time to strike back. Harass them by calling 1-800-869-3557 & 1-605-575-4444. Eat up their phone time, play music over the phone, point out the laws they are breaking. Every day.  Every hour.

    ·

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  • gregaj7

    Walmart invests in prison bonds as well. That's what the piece of paper an individual signs when entering jail,prison is for. It's a warehouse receipt. It is bonded and traded. The more folk they get in, the more "money" they make. For the investor as well as the muni-corp masquerading as the governing authority. Judges increase their coffers with this as well.

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  • Blackouti386

    Because if it worked you could get away with avoiding difficult conversations altogether right? Face it, what I said was 100% truth. If you could offer up a sane and logical rebuttal you would have. Instead you've thrown a fit about how unfair it is that you cannot censor me because my speech hurt your feelings. You liberals are insane, hypocritical, dumb fucks.

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    in reply to kespeth2 (Show the comment)
  • kespeth2

    Get the fuck off the Internet, racist pig. Seriously, racists should not be allowed on the Internet. I wish Youtube had a feature to report racist comments that actually worked. The Youtube Safety Center form has been broken forever.

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    in reply to Blackouti386 (Show the comment)
  • ItsTimetoPlay1

    Really...should people be allowed to invest in Prisons,lol...That was not a question,lol..It is only logical if I owned or invested in a prison, I would want it to be at capacity, and would want to expand to keep profits rolling in,lol...I would probably also chase and pursue ever avenue, to get people into my money maker,lol...

    ·

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  • remsensor

    Nope dont have a debit card since I dont have a bank account and definitely not a credit card. I also try to save metals like silver because if the economy collapses paper money wont be worth a dime since it isn't backed by silver like it used to be. I own a cell phone but its a pre paid phone that you can throw away that cant be traced to your name. Im only 23 and since I never used a bank and got sucked into the trap known as bank accounts its easier for me to live without one.

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    in reply to ItsTimetoPlay1 (Show the comment)
  • ItsTimetoPlay1

    I agree with you some what...BUT the real enemy is me, and the people who could not imagine their life without a bank account, or a god forbid a debit card, credit card, oh my you do not have one,lol...What about a cell phone, got to have one of those,LMAO...People deserve the beds they lie on...

    ·

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    in reply to remsensor (Show the comment)
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