Fight the Treatment Industrial Complex

Fight the Treatment Industrial Complex by supporting the AFSC- Arizona campaign

Fight the Treatment Industrial Complex by supporting the AFSC- Arizona campaign
AFSC-Arizona staff are amazing advocates for prisoners - and as such, are true blessings to our communities. Spend time on their site - lots of resources.

Retiring Arizona Prison Watch...


This site was originally started in July 2009 as an independent endeavor to monitor conditions in Arizona's criminal justice system, as well as offer some critical analysis of the prison industrial complex from a prison abolitionist/anarchist's perspective. It was begun in the aftermath of the death of Marcia Powell, a 48 year old AZ state prisoner who was left in an outdoor cage in the desert sun for over four hours while on a 10-minute suicide watch. That was at ASPC-Perryville, in Goodyear, AZ, in May 2009.

Marcia, a seriously mentally ill woman with a meth habit sentenced to the minimum mandatory 27 months in prison for prostitution was already deemed by society as disposable. She was therefore easily ignored by numerous prison officers as she pleaded for water and relief from the sun for four hours. She was ultimately found collapsed in her own feces, with second degree burns on her body, her organs failing, and her body exceeding the 108 degrees the thermometer would record. 16 officers and staff were disciplined for her death, but no one was ever prosecuted for her homicide. Her story is here.

Marcia's death and this blog compelled me to work for the next 5 1/2 years to document and challenge the prison industrial complex in AZ, most specifically as manifested in the Arizona Department of Corrections. I corresponded with over 1,000 prisoners in that time, as well as many of their loved ones, offering all what resources I could find for fighting the AZ DOC themselves - most regarding their health or matters of personal safety.

I also began to work with the survivors of prison violence, as I often heard from the loved ones of the dead, and learned their stories. During that time I memorialized the Ghosts of Jan Brewer - state prisoners under her regime who were lost to neglect, suicide or violence - across the city's sidewalks in large chalk murals. Some of that art is here.

In November 2014 I left Phoenix abruptly to care for my family. By early 2015 I was no longer keeping up this blog site, save occasional posts about a young prisoner in solitary confinement in Arpaio's jail, Jessie B.

I'm deeply grateful to the prisoners who educated, confided in, and encouraged me throughout the years I did this work. My life has been made all the more rich and meaningful by their engagement.

I've linked to some posts about advocating for state prisoner health and safety to the right, as well as other resources for families and friends. If you are in need of additional assistance fighting the prison industrial complex in Arizona - or if you care to offer some aid to the cause - please contact the Phoenix Anarchist Black Cross at PO Box 7241 / Tempe, AZ 85281. collective@phoenixabc.org

until all are free -

MARGARET J PLEWS (June 1, 2015)
arizonaprisonwatch@gmail.com



AZ Prison Watch BLOG POSTS:


Friday, March 19, 2010

Private Prison Industry: Sell, sell, sell

This is why they're all flocking to Arizona - they hope we keep increasing our incaceration rates....think about it. Don't let these vampires into your homes and communities. hey would just as soon incarcerate your kids as anyone else's - and will...


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3 Prison Stocks Set for Release - CRN, CXW, GEO

March 18, 2010

By Louis Navellier, Editor, Blue Chip Growth

Louis Navellier is one of Wall Street's renowned growth investors. Investing for over 28 years, he has earned a national reputation as a savvy stock picker and portfolio manager. The New York Times called him "an icon among growth stock investors."

According to The New York Times, for the first time since 1972 we have seen a reduction in the U.S. prison population instead of an increase. That spells bad news for publicly traded prison stocks like Cornell Companies Inc. (CRN), Corrections Corp. of America (CXW) and Geo Group Inc. (GEO).

And what’s more, that reduction isn’t just a tiny dip -- state prisons held 1.4 million people as of January 1, about 6% less than the year before. That’s a substantial drop-off that could signal continued trouble for these corrections companies.

Don’t get me wrong, this drop is good news for public safety advocates, our overtaxed criminal justice system and a host of others. But for investors who always thought publicly held prison companies were low-risk ways to make a bundle off the corrections system, it’s been a rude awakening.

Let’s look at each of these three prison stocks, and why they are each “sells” right now in my FREE Portfolio Grader stock ranking tool.

Prison Stock to Sell - Cornell Companies, Inc. (CRN)

Cornell Companies, Inc. (CRN) provides correctional, detention and rehabilitation services that are outsourced by federal, state and local government agencies. Its Abraxas Youth and Family Services division also provides residential, detention, shelter care, and community-based services for juveniles between the ages of 10 and 18. First Analysis Securities recently downgraded the Houston company to "equal weight" from "overweight" in late February after Arizona’s governor indicated it would phase out the use of Cornell’s private out-of-state prison beds for inmates. The loss of the Arizona prisoners which could cut into Cornell's annual earnings by 35 cents to 45 cents per share. Earnings have already declined for the last three consecutive quarters, so that’s not an inspiring sign for this prison stock. Shares have lagged the market in 2010, down about -4% compared to a +3% gain in the broader market YTD.

Prison Stock to Sell - Corrections Corporation of America (CXW)

Corrections Corporation of America (CXW) owns and operates privatized correctional and detention facilities in the United States. As of December 31, CXW operated 65 prison facilities, including 44 sites that it owned, in 19 states and the District of Columbia. It also owned 2 additional corrections facilities that it leased to third-party operators. with Systemwide, Corrections Corporation of America boasts a total capacity of 87,000 beds.

Though CXW’s fourth-quarter profit beat the Street in early February, the company announced a weak Q1 outlook with estimated earnings of 28 cents to 30 cents a share, compared previous estimates of 33 cents. Shares have been brutalized so far in 2010, losing 17% even while the market has been moving up, and it looks like more bad news is yet to come.

Prison Stock to Sell - Geo Group, Inc. (GEO)

The GEO Group, Inc. (GEO) provides government-outsourced correctional services for prisons, specializing detention and mental health. GEO is a truly global prison stock, with facilities in the United States, Canada, Australia, South Africa, and the United Kingdom. The company also provides consultation and management services relating to the design and construction of new correctional and detention facilities. In mid-February, GEO Group announced its Q4 earnings fell 6%, weighing on shares. Then on March 2, word that the Federal Bureau of Prisons would cancel plans for a GEO facility to house illegal aliens convicted of crimes sent shares down about 8% in one trading day alone. Share are down double-digits year to date.

As of this writing, Louis Navellier did not own any shares of these stocks in personal or client portfolios.


http://www.investorplace.com/experts/louis_navellier/articles/prison-stocks-to-sell-geo-cxw-crn.html


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