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WATCH: Private prisons CEO salivates over ‘more detention capacity on the border’ under Trump

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Corrections Corporation of America (CCA) CEO Damon Hininger said this week that he expects profits to soar under the new president’s immigration policy.

Although CCA’s stock dipped over the summer after the Justice Department announced plans to phase out the use of private prisons, Donald Trump’s win caused the company’s share price to skyrocket 43 percent on election day alone.

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In a Tuesday interview with CNBC, Hininger said that CCA, which recently began rebranding itself as CoreCivic, saw a several opportunities in the first year of Trump’s presidency, including a need for increased detention capacity for the housing of undocumented immigrants.

“You guys profit if there’s more people in jail,” CNBC host Brian Sullivan noted. “And that’s not a way any company should be run. You have contracts and limits that say, well, you need to have 90 percent occupancy in a prison.”

Hininger argued that Sullivan’s charge was “baloney” because the company encourages inmates not to re-offend by offering education and vocational programs.

“We’re providing a great service!” the CEO insisted. “We’re making sure these individuals once they’re released, they can support themselves and their family and not come back into the criminal justice system. That’s great value to the government.”

Hininger said that the company could “look forward to” a number of favorable circumstances in the next year under the new president.

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“First of all, there’s immigration,” he explained. “If there is a need for more detention capacity on the border, we can provide that solution or if there’s a unique population that we need to help serve with ICE.”

Additionally, Hininger sees an upside in Trump’s promise to rebuild infrastructure, which he believes can be provided by the private prison industry.

“A lot of discussion with the Trump administration about criminal justice reform,” he promised.

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Watch the video below from CNBC, broadcast Dec. 20, 2016.

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2020 Election

Democrats and Never-Trumpers gaming out ‘doomsday scenarios’ if president refuses to leave office: report

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According to a report in the New York Times, Democratic strategists and Never-Trumper conservatives fear Donald Trump will refuse to leave office should he lose in November and are making plans and figuring out their legal options should such an unprecedented state of affairs come to pass.

The report, by the Times' Reid Epstein, begins with one such possible scenario.

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COVID-19

‘Retaliation plain and simple’: Vaccine agency top Doc fired by Trump administration files whistleblower complaint

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Dr. Rick Bright has retained an attorney and will be filing a whistleblower complaint after the Trump administration fired him from his position as head of the federal agency charged with developing a COVID-19 vaccine. Dr. Bright was moved to a different agency with a narrower focus after he raised concerns over President Donald Trump's obsession with promoting hydroxychloroquine, a malaria drug recent studies found doubles the death rate in coronavirus patients.

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COVID-19

Checking blood for coronavirus antibodies – 3 questions answered about serological tests and immunity

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Coronavirus testing in the United States is moving into a new phase as scientists begin looking into people’s blood for signs they’ve been infected by SARS-CoV-2, the virus that causes COVID-19. This technique is called serological testing.

Virologist Daniel Stadlbauer helped develop a serological test to detect SARS-CoV-2 antibodies and helped transfer it from the research lab to the clinical setting. Epidemiologist Aubree Gordon regularly uses serological assays in her research studies on influenza and dengue fever. She’s now established serological testing for SARS-CoV-2 in her research lab.

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