Follow The Money

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MSimon
Posts: 14335
Joined: Mon Jul 16, 2007 7:37 pm
Location: Rockford, Illinois
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Follow The Money

Post by MSimon »

In what will likely be seen as something of a Freudian slip by the US Secretary of State, Hillary Clinton said recently in a Mexican news interview that the United States cannot legalize drugs as a means of fighting the black market because “there is just too much money in it.”

http://www.rawstory.com/rs/2011/02/07/c ... uch-money/
If you like spy novels, you will find that the European Union’s presentation of fact to be far more fascinating than fiction. One of the complaints filed in the case describes a rich RJR history of business with Latin American drug cartels, Italian and Russian mafia, and Saddam Hussein’s family to name a few. The Introduction reads as follows:

<snip>

31. Many narcotics traffickers who sell drugs in THE EUROPEAN COMMUNITY now also purchase and import cigarettes. In particular, as the trade in cigarettes becomes more profitable and carries lesser criminal penalties compared to narcotics trafficking, the “business end” of selling the cigarettes has become at least as attractive and important to the criminal as the narcotics trafficking. Finally, it makes no difference whatsoever to the money laundering system whether the goods are imported and distributed legally or illegally.

http://dunwalke.com/3_RJR_Nabisco.htm
Obviously if criminals can profit from tobacco - tobacco taxes are too high.
Engineering is the art of making what you want from what you can get at a profit.

choff
Posts: 2447
Joined: Thu Nov 08, 2007 5:02 am
Location: Vancouver, Canada

Post by choff »

There was a similar situation being reported last year on the US/Canada border. Canadian tobacco companies were shipping tobacco into the US where smugglers would sneak it back into Canada.
It will be interesting to see if the gangs get back into the milk business the way Big Al did.
CHoff

williatw
Posts: 1912
Joined: Mon Oct 12, 2009 7:15 pm
Location: Ohio

Re: Follow The Money

Post by williatw »

MSimon wrote:Obviously if criminals can profit from tobacco - tobacco taxes are too high.
You will like this, and I agree with what he says: Milton Friedman - Why Drugs Should Be Legalized: http://www.youtube.com/watch?v=nLsCC0LZxkY
Do give the devil his due, this From Ann Coulter/Stossel debate: http://www.youtube.com/watch?v=6qaiz8gN ... h_response

She makes one point I agree with. If you give people welfare/foodstamps for doing nothing and they subsequently use the money we give them to buy drugs we are subsidizing their drug use. Of course my solution to that as some of you might recall would be: viewtopic.php?t=3327&highlight=
If he has to work for his supper what he does with it is not my concern so much.

MSimon
Posts: 14335
Joined: Mon Jul 16, 2007 7:37 pm
Location: Rockford, Illinois
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Post by MSimon »

Will,

You will like this:

http://classicalvalues.com/2012/03/left-and-right/

Two parties - one mental illness.
Engineering is the art of making what you want from what you can get at a profit.

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