President-elect Donald Trump hasn’t even had a chance to insult anyone as P.O.T.U.S. yet and the ramifications of his (s)election are already being felt.

 

 

The CCA and Geo Group stocks – both publicly traded stocks for private prisons – rebounded after Donald Trump defeated Killary Clinton in the 2016 presidential (s)election. The stocks were drastically down since August when the justice department announced it would begin phasing out privately run jails as a means of correcting decades of over incarceration. As of 10:18 a.m. the morning following the election, stocks were holding steady at a 34% increase (after rising as high as 60%.) Pundits predict the jump in stocks was predicated upon the notion that President-elect Trump would likely reverse the justice department’s decision to phase out private prisons in order to have room for the aggressive deportation plan he promised during his presidential campaign. That’s their speculation. Those who are aware know that, in this country, prison booms were built upon the backs of Black faces. With a president elect that ran – and won – on a platform of blatant racism and white supremacy, don’t expect anything different in this new administration. #staywoke.