In an op-ed for the San Francisco chronicle last Friday, Rosenstein noted that the Sessions memo ‘reinstitutes a policy that existed for more than three decades,’ of mandatory minimum sentences enacted by Congress – but relaxed under former AG Eric Holder of the Obama administration.
After that [Holder’s] policy was adopted, the total number of drug dealers charged annually by federal prosecutors fell from nearly 30,000 — where it had stood for many years — to just 22,000.
Meanwhile, drug-related violence has surged. There has been a significant spike in murders, including an 11 percent increase in 2015 alone.
Used wisely, federal charges with stiff penalties enable U.S. attorneys to secure the cooperation of gang members, remove repeat offenders from the community and deter other criminals from taking their places. –Rod Rosenstein
Rosenstein closed by writing ‘Minor drug offenders rarely face federal prosecution, and offenders without serious criminal records usually can avoid mandatory penalties by truthfully identifying their co-conspirators.’
For your consideration, Corecivic ($CXW, ~6% dividend) and the Geo Group ($GEO ~ 6.27% dividend) are two ways for you to get in on all the locked up drug dealer action from the ‘Law and Order’ administration. Both stocks are up over 1% as of this writing while the S&P is up .09%.