Lately, people in Ohio have thought they had "done deals" with the state only to find it's "new sheriff" has decided to change the rules midstream. Will John Kasich's rewriting the contract with casino operators give pause to any private entity interested in taking over Ohio prisons? I would think so.
There are pitfalls in privatization to be avoided and a recent study indicates savings through privatizing 2 other Ohio prisons might not have actually occurred. If, after a couple years, Kasich decides he wants more, how likely is it he will toss out his contract & just concoct another?
Private prison operators (and I know you guys read this blog), take my advice - have an army of lawyers on hand if you do business with this guy.
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