View Full Version : The U.S. Prison System: A Multimillion-Dollar Industry

02-21-2010, 04:32 PM
The U.S. Prison System: A Multimillion-Dollar Industry


The U.S. prison system is not simply a method of punishing and detaining criminals, but is also a profitable, multimillion-dollar industry. This leads to some problems.

What's wrong with the privatization of prisons? It creates a financial incentive to keep people behind bars, regardless of whether they deserve to or not.

So many prisoners create a large workforce. According to the Left Business Observer, the federal prison industry is responsible for the production of war supplies such as military helmets, ammunition belts and bullet-proof vests. In addition they also produce equipment services, body armor, medical supplies and more. From an employer's perspective, prisoners create the ideal workforce -- no need to give them benefits, compensation or reasonable wages.

02-21-2010, 06:24 PM
this is why we need mandatory minimums outed

02-21-2010, 08:37 PM
this is why we need mandatory minimums outed


A lot of people don't realize the real reason why there are so many people locked up for long periods of time. . When I tell my friends about this, they are clueless /amazed. Politicains get to count them as citizens of their districts. The main stream media doesn't talk about how much money is made from prison labor.

I don't recall them ever mentioning that people can buy stock in private prisons. Why would stock holders want their bottom line hurt. I wish there was a list of the stock holder's names. The names will probably make our blood boil. :angry:

Its all about the money they can make. They think non-violent prisoners make good, trusted workers.:rolleyes: or is slave a better discription

02-25-2010, 02:25 AM

A lot of people don't realize the real reason why there are so many people locked up for long periods of time. . When I tell my friends about this, they are clueless /amazed. Politicains get to count them as citizens of their districts. The main stream media doesn't talk about how much money is made from prison labor.

I don't recall them ever mentioning that people can buy stock in private prisons. Why would stock holders want their bottom line hurt. I wish there was a list of the stock holder's names. The names will probably make our blood boil. :angry:

Its all about the money they can make. They think non-violent prisoners make good, trusted workers.:rolleyes: or is slave a better discription
you all have hit the nail on the head.... I have been reading of how this system works for almost two yrs now... It was started way back with the chain gang. It's a BIG money making system !

NANA7 your right N /V inmates make good trusted workers & it is slave laber for many to get rich....

02-25-2010, 09:40 AM
Here is if more info on prisoner bonds, and surprisingly also what happens when
you write a check. Anyone reading this will now understand why checks have
to clear 'instantly' and why you don't get copies of your checks
back. Stay tuned this is tape one of four or five, Lynn

Gene Keating workshop

Statutes are bonds. Courtroom charges are civil, not criminal. Clerk's
Praxis was the court of arches under the king's bench written at the time
of Edward I. It's a court of probates. John Hall wrote this book. This
was used in vice-admiralty courts in the colonies in the American
Revolution and this is what caused the revolution.

Everything involves bonds. When you are arrested there are two different
sets of bond. A bid bond is filled out when you are arrested. US District
court forms used SF 273, 274, and 275. There are another set of
bonds. Both are put out by the GSA. SF form 24 is the bid bond. The
performance bond is SF form 25. The payment bond is SF form 25 A. These
are all put out by the GSA, under the Comptroller of the Currency under the
GAO (general accounting office).

SF 273, 274 and 275 are the bonds for federal level courts to use. What
are they doing with these bonds? In the court room you are being sued for
debt collection. It is an action in assumpsit. The word presume comes
from assumpsit. "I agree, or I undertook to do..." Assumpsit means
collection of debt.

All these bonds have a penal sum attached to it. If you go into default
judgement, you end up in prison wondering what is going on. If you argue
jurisdiction, or refuse to answer questions that the court addresses to
you, you'll be in contempt of court and in jail. This goes back to Edward
I and Clerk's Praxis. This is all civil and not criminal. It's a smoke
screen to cover up what they are doing.

They brought someone to court under an arrest bond. There was a civil
suit. Clerk's Praxis is Latin for practice. Praxis means practice. This
book is an actual practice book that goes into everything Jack Smith
teaches, letter rogatories. You are held until the suit is complete, they
get a default judgment for failure to pay a debt and then you are put in
prison. Attorneys are there as a smoke screen to cover up what is really
done. They lead you into default judgment by argument (dishonor), you go
to prison and then the default judgment is sold.

US District Court buys all the state court judgments. Type US Court in any
search engine. After you get to US Courts there are 11 circuit courts of
the US listed. Click on circuit 7 and that takes you into all the list of
courts. To find Ohio/Illinois find circuit 7 is northern Illinois district
courts, bankruptcy courts, etc and then you'll find a box that says clerks
office. Scroll down and you'll see administrative offices and under that
you'll see financial departments. It talks about the criminal justice
acts, optional bids, it's all spelled out.

Go to List of sureties. Why would they have a list of sureties in a
federal district court? When you click on this it takes you to
www.FMS.Treas.Gov. This is department of treasury. Then you will see on
the left hand side of the screen, admitted and reinsured. Under that is
list of sureties. Under that is 'forms.' If you click on admitted,
reinsureds, there are over 300 insurance companies. There's a complete
list. There's also a list of Surety Companies. These are more insurance
companies. Under Circular 750 the dept of treasury these insurance company
have to be certified before they can purchase the bonds. They can't put up
bonds unless they are certified by the secretary of the treasury.

Next you go to "forms." Click here it goes to the Miller Backed
Reinsurance; it'll list three different type of bonds. You don't use a bid
bond in district court. These bonds come out of the GSA. The 273, 274 and
275 bond forms are as follows: 273 is the reinsurance agreement with the
US; 274 is the Miller Act Reinsurance Performance Bond; 275 is your payment
bond, the Miller Act Reinsurance Payment Bond.

What are they doing with these bonds? They have regulations governing
these bonds.......2,000 pages governing these bonds. Gene will sell these
for $50. If you go into these regulations they tell you they're buying up
commercial items (actual words) 2.01 of these regulations. These
regulations are divided into 50 parts. There 1126 pages Volume1; 823 pages
in volume 2.
Commercial items are nonpersonal property. Property that is not real
estate; moveable property. Real estate is not moveable. These terms are
defined in UCC.

Commercial items are commercial paper. This is the 8th edition of Black's
Law which just came out. "Commercial items: it's commercial paper;
negotiable instruments; anything you put your signature on is a negotiable
instrument lex mercantoria.(?) This is used in the courtroom because
everyone of us is a merchant of law. Because I use commercial paper on a
day-to-day schedule I am considered an expert. This is why they don't tell
us what's going on in the court room. Every time we put our signature on a
paper, we're creating negotiable and non negotiable instruments and that
makes us experts. When I endorse it under 3-419, I'm an accommodation party
or an accommodation maker. Anyone who loans his signature to another party
is an accommodation party. This is in 3-419 of the UCC.

When you loan your signature to them, they can rewrite your signature on
any document they want to. The federal courts buy up the state courts
default judgments. These are civil and just being called criminal to cover
up what they are doing. If you don't pay the debt you go to prison.

CUSIP is an identification. DTC Depository Trust Corporation, and has
several other monikers. Depository Trust Clearing Corporation. 1 trillion
dollars a day goes through the DTC. Govt Clearing Securities Clearing
Corporation is another day. CUSIP (committee on uniform identification
processes) is a trademark of Standard and Poors and is on bottom floor of
the building at Water Street in Washington DC. CUSIP cins (cusip
international numbering system) is an international numbering
system. Domestic securities have 6 digit numbers; international number
(isid -- international securities identification division--plus) are a
global networking system. Paine Webber, with 10,000 corporations in it, is
the major stockholder of CCA, Corrections Corporation of America in
Nashville, TN.

They have privatized the system. Ginnie Mae, Fannie Mae, HUD, are all
international. Everyone is feeding off the prison system
internationally. All major corporations are feeding off the prison system
including REIT (Real Estate Investment Trust), PZNPrison Trust. All real
estate companies are holding bonds and the bonds are not redeemed and they
haven't closed my account. Lehman Bros just gave $6 billion. New York
City had a $3 billion deficit. Lehman Brothers gave NYC the money to build
credit facility (not prison system). Lehman Brothers is underwriting the
prison system. They buy up the bid bonds, the court judgments.

There are international treaties that are reinsurance treaties. Insurance
Companies come in and act as sureties for the bid bonds. The performance,
bid, and payment bonds are all surety bonds. All bid bonds must have a
surety. The surety is guaranteeing the reinsuring of the bid bond by
issuing the performance bond. They get an underwriter (investment broker
or banker) to underwrite the performance bond which reinsures the bid
bond. The underwriter takes the payment, performance and bid bonds and
pools them into 'mortgage backed securities' which are called bonds and
sold to TBA, The Bond Market Association, an actual corporation. After the
payment bond is issued to reinsure or underwrite the performance bond,
which reinsures the bid bond, the banks convert the bonds to investment
securities. The banks and brokerage houses are selling these as investment
securities. The prisoners are funding the whole enchilada. Because you got
into default judgment when you went into the court room.

There are regulations governing these that are all in 48CFR, title 48 code
of federal regulations.
This is where Gene gets all the information. It's on his $50 disc. Part
12 deals with commercial items, which are negotiable instruments, which are
court judgments--the performance, payment and bid bonds. . Any time you
deal in bonds you are dealing with risk management. A reinsurer and
reinsurer means you are dealing in risk management. The reinsurer is
assuming part of the risk of the bid bond; they give him a portion of the
original premium. The original insurer gets part of the premium of the
policy of the bid bond for acting as surety for the bid bond. The
underwriter guarantees the resale of the bonds back to the public as
investment securities.

To win in court you have to redeem the bond. Gene went to court and asked
for his bid bond. He asked for post settlement closure of the
account. This process is hypothecation. You have to know how to
hypothecate the bond. Banks make derivatives out of your promissory notes
and sell them (mortgages, credit cards etc). These prison bonds are being
monetized. They make an investment security out of it. They make a
fortune off the prisoners. These bonds go international into sinds and
then into ANNA (annual numerical numbering association) in Brussels,
Belgium with unlimited capital. This is where euro, yin, sterling,
everything is under the prison system. All countries are feeding off it.

This is what was behind 911. State legislatures pass bond statutes so they
can arrest people for paper terrorism. American Legislative Exchange
Committee is behind all this. Paul Warrick owns this think tank. ALEC
promotes privatization of the prison system. They go to the National
Congress of Commissioners which are 72 judges and lawyers who 'grew up'
under the UCC under lex mercatoria. "The principles of the law merchant
are the rules of the decisions of all the courts." Everything is
commercial. All crimes are commercial. All crimes....kidnapping, robbery,
extortion, murder. You don't close the account, you go to prison. The
bond gets sold domestically and internationally.

The bonds are sold on the NYSE. CCA (Corrections Corp of America) sells
their stock and shares on the NYSE. John D. Russell owns 64 million
shares of CCA. John Ferguson, VP, owns 5 million shares. They are on the
CCA board of directors. The Dillon Corrections Corp is owned by David
Dillon and merged with Trinity Ventures Investment who then became SB
Warburg. That's part of the Warburg family, located in Chicago,
Illinois. They are hooked up with the BIF bank, the bank of international
settlements in Switzerland, one of the largest banks in the world. This
is why people do not win in court. Trial and pre sentencing are just a dog
and pony show.

Don't use a bond, Gene says. Use a bid bond. It has the word
principle....I am the principal, the strawman is the surety. Put the
strawman as the surety and myself as the principal. Then I fill out a
performance bond which is a reinsurance bond for the bid bond. On the
reinsurance bond I will put myself down as the guarantor or the
reinsurer. The performance bond is 274. The payment bond underwrites the
performance. I can underwrite the bid bond with the performance
bond. That's the reinsurer. The courts do this for me, because I don't
know this stuff. And then they make the money off me.

If you have a case pending, go into whatever district you are in. Find the
court, type in the case number and it'll tell me who has my bond. Banks
are all tied into this. Every time I sign a check, it's a promissory note,
the bank makes a derivative out of it. The bank endorses it on the back,
without recourse, and monetize it by selling it as a derivative. They sell
it internationally. My $100 check is used by 20 or 30 corporations
internationally. This is why we are not getting back our canceled
checks. The reason is they are sold as promissory notes. The banks make
derivatives out of them and sell them internationally. Therefore, I am
loaning money to the bank. The bank reloans it to other people. The CUSIP
# is a 9 digit number. Internationally it's up into 12 digits,
representing trillions of dollars.

02-25-2010, 10:08 AM
Great information and I completely agree!

Cue: O'Jay's Money, Money, Money song :)

02-25-2010, 08:02 PM
ooohh - conspiracy theories running rampant!! People with a lot of time on their hands love this stuff!