ICE Paid $500 Million for Building Selling for $75 Million

Saturday, October 31, 2026

ICE paid almost $500 million to acquire a private prison in Minnesota that was previously offered to the state for just $75 million, according to a report.

Posted by Reinheitsgebot at 03:30 PM | 10 COMMENTS | permalink | Comment on This Entry |

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A Minnesota prison was for sale at $75M. ICE paid nearly $500M for it www.independent.co.uk/news/world/a ...

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-- Mike Walker (@newnarrative.bsky.social) 5:51 PM Â· Oct 30, 2026

The national debt reached 100% of gross domestic product for the fiscal year that ended Sept. 30, hitting the triple-digit mark for the first time since 1946. www.wsj.com/economy/fede ...

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-- Mia Farrow (@miafarrow.bsky.social) 2:23 PM Â· Oct 29, 2026

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ICE paid almost $500 million to acquire a private prison in Minnesota that was previously offered to the state for just $75 million, according to a report.

Stinky's art of the deal is on display again.

#1 | Posted by reinheitsgebot at 2026-10-30 11:24 PM | Reply

America has always had government agencies that pay 5x the going price to their cronies.
--Eberly

#2 | Posted by snoofy at 2026-10-30 11:31 PM | Reply | Newsworthy 1

... ICE paid almost $500 million to acquire a private prison in Minnesota that was previously offered to the state for just $75 million, according to a report. ...

OK, this leads me to ask a question ...

WTF is up with Pres Trump's wild spending spree?

#3 | Posted by LampLighter at 2026-10-31 12:08 AM | Reply

@#3

... and speaking of Pres Trump, his recent, I'll say, supportive comments about a male candidate's derriere leads me to this tune ...

Big Daddy Graham- Walk On The Mild Side (1984)
www.youtube.com

#4 | Posted by LampLighter at 2026-10-31 12:12 AM | Reply

It's a loss-leader. Like Costco's rotisserie chicken.

#5 | Posted by LegallyYourDead at 2026-10-31 12:16 PM | Reply

Our tax dollars at work...

OCU

#6 | Posted by OCUser at 2026-10-31 04:14 PM | Reply

It's called money laundering, and it's what Trump excels at.

#7 | Posted by ClownShack at 2026-10-31 04:19 PM | Reply

"Kare 11 further uncovered federal records revealing that CoreCivic had donated $500,000 to the Trump-Vance inaugural committee."

Well... mystery solved!

#8 | Posted by Corky at 2026-10-31 05:14 PM | Reply

Sold by a friend, no doubt.

#9 | Posted by fresno500 at 2026-10-31 05:50 PM | Reply

@3 ICE paid almost $500 million to acquire a private prison in Minnesota that was previously offered to the state for just $75 million, according to a report. ...

"Then, CoreCivic states its asking price: "Sale price is $75M inclusive of the upgrades CoreCivic has identified would be needed to re-activate the facility."

Who thinks the upgrades are included in the new deal?

#10 | Posted by Chantresse at 2026-10-31 05:54 PM | Reply