
“Unicor is a government-run enterprise that employs over 13,000 inmates — at wages as low as 23 cents an hour — to make goods for the Pentagon and other federal agencies. With some exceptions, Unicor gets first dibs on federal contracts over private companies as long as its bid is comparable in price, quantity and delivery. In other words: If Unicor wants a contract, it gets it. And that makes Wilson and other small business owners angry. Unicor is not required to pay its workers minimum wage and instead pays inmates 23 cents to $1.15 an hour. It doesn’t have health insurance costs. It also doesn’t shell out federal, state or local taxes.”
http://money.cnn.com/2012/08/14/smallbusiness/federal-prison-business/index.html
Related posts:
China bitcoin arbitrage ends as traders work around capital controls
Dell Sells $50,000 Server For 85 Bitcoins
Monetary Authority of Singapore warns on 'unregulated' bitcoin
Questions remain in Chinese earthquake that killed more than 80,000
Global mercury ban would not affect vaccines with thimerosal
The History of Hyperinflation
Plainclothes deputy in unmarked car pulls gun; 5 officers attack and tase brothers
Amish sect found guilty of hate crimes in beard cutting
Official wants E-cigarettes covered in school rules
U.S. Admits For First Time It Used NSA Surveillance in Criminal Case
New German hate speech law tested as Twitter blocks satire account
Bureaucrats Paid $250,000 Feed Outcry Over College Costs
Did secret deal let hundreds of ISIS fighters flee Raqqa?
US lawmakers call for review of Patriot Act after NSA surveillance revelations
FINTRAC collecting too much info on innocent Canadians: privacy watchdog