1987 Crash: Naming Names

What happened after a Republican fanatic was reelected, 1986.

Reagan Speech: There've been some real champions in the battle to get this legislation through Congress: Senators Bob Dole, Robert Byrd, and Strom Thurmond; Congressmen Bob Michel, Jim Wright, Benjamin Gilman, Charles Rangel, and Jerry Lewis. I'd like to single out Senator Paula Hawkins in particular. She took this battle to the public and has been a driving force behind the effort to rid our society of drug abuse. Like Nancy, she made her commitment to fighting drugs long before it was the popular thing to do. This kind of honest, hard-working leadership is what makes all the difference. And now, Paula, if you and your colleagues will join Nancy and me, we will get on with the signing of that bill, making it the law of the land. 

Here are the names given "it," "the" law of the land. 

Signed by President.
10/27/1986:
Became Public Law No: 99-570.

TITLE(S): (italics indicate a title for a portion of a bill)
SHORT TITLE(S) AS INTRODUCED:
Omnibus Drug Enforcement, Education, and Control Act of 1986
Career Criminal Amendments Act of 1986
Coast Guard Drug Interdiction and Law Enforcement Act of 1986
Comprehensive Money Laundering Prevention Act
Defense Narcotics Act of 1986
Designer Drug Enforcement Act of 1986
Drug Abuse Education and Prevention Act of 1986
Drug Abuse Prevention and Treatment Act of 1986
Drug and Alcohol Dependent Offenders Treatment Act of 1986
Drug Enforcement Enhancement Act of 1986
Drug Eradication Act of 1986
Drug Smuggling Enforcement Act of 1986
Federal Employee Substance Abuse Education and Treatment Act of 1986
Indian Alcohol and Substance Abuse Prevention and Treatment Act of 1986
International Narcotics Control Act of 1986
Money Laundering Control Act of 1986
Narcotics Control Trade Act
Narcotics Penalties and Enforcement Act of 1986
National Antidrug Reorganization and Coordination Act
National Park Police Drug Enforcement Supplemental Authority Act
Transportation Drug Act of 1986
U.S. Insular Areas Drug Abuse Act of 1986
White House Conference on Drug Abuse and Control Act of 1986
SHORT TITLE(S) AS PASSED HOUSE:
Omnibus Drug Enforcement, Education, and Control Act of 1986
Career Criminal Amendments Act of 1986
Coast Guard Drug Interdiction and Law Enforcement Act of 1986
Comprehensive Money Laundering Prevention Act
Defense Narcotics Act of 1986
Designer Drug Enforcement Act of 1986
Drug Abuse Education and Prevention Act of 1986
Drug Abuse Prevention and Treatment Act of 1986
Drug and Alcohol Dependent Offenders Treatment Act of 1986
Drug Enforcement Enhancement Act of 1986
Drug Eradication Act of 1986
Drug Smuggling Enforcement Act of 1986
Federal Employee Substance Abuse Education and Treatment Act of 1986
Indian Alcohol and Substance Abuse Prevention and Treatment Act of 1986
International Narcotics Control Act of 1986
Money Laundering Control Act of 1986
Narcotics Control Trade Act
Narcotics Penalties and Enforcement Act of 1986
National Antidrug Reorganization and Coordination Act
National Park Police Drug Enforcement Supplemental Authority Act
Transportation Drug Act of 1986
U.S. Insular Areas Drug Abuse Act of 1986
White House Conference on Drug Abuse and Control Act of 1986
SHORT TITLE(S) AS ENACTED:
Anti-Drug Abuse Act of 1986
Alcohol and Drug Abuse Amendments of 1986
Ballistic Knife Prohibition Act of 1986
Career Criminals Amendment Act of 1986
Commercial Motor Vehicle Safety Act of 1986
Continuing Drug Enterprise Act of 1986
Controlled Substances Import and Export Act Penalties Enhancement Act of 1986
Customs Enforcement Act of 1986
Defense Drug Interdiction Assistance Act
Department of Justice Assets Forfeiture Fund Amendments Act of 1986
Drug and Alcohol Dependent Offenders Treatment Act of 1986
Drug-Free Schools and Communities Act of 1986
Drug Possession Penalty Act of 1986
Federal Drug Law Enforcement Agent Protection Act of 1986
Federal Employee Substance Abuse Education and Treatment Act of 1986
Freedom of Information Reform Act of 1986
Homeless Eligibility Clarification Act
Indian Alcohol and Substance Abuse Prevention and Treatment Act of 1986
International Narcotics Control Act of 1986
Juvenile Drug Trafficking Act of 1986
Mail Order Drug Paraphernalia Control Act
Maritime Drug Law Enforcement Prosecution Improvements Act of 1986
Money Laundering Control Act of 1986
Narcotics Control Trade Act
Narcotics Penalties and Enforcement Act of 1986
National Antidrug Reorganization and Coordination Act
National Drug Interdiction Improvement Act of 1986
National Forest System Drug Control Act of 1986
National Park Police Drug Enforcement Supplemental Authority Act
President's Media Commission on Alcohol and Drug Abuse Prevention Act
State and Local Law Enforcement Assistance Act of 1986
United States Insular Areas Drug Abuse Act of 1986
White House Conference for a Drug Free America

Two other things occurred: 
October 27, 1986 - Big Bang in the London Stock Exchange abolishes fixed commission charges, paving the way for electronic trading. 
27OCT1986: Government Securities Act of 1986, amending FDR-era Securities Exchange Act of 1934. (link)

Now, are you surprised that stock markets all over the world crashed in 1987? When was the last time you saw inflation charts for various countries from 1986 through the next Crash-- like the one that hit in 2008? The 1929 Crash occurred after possession of beer was elevated to felony status on 02MAR1929, This was immediately after the Opium Advisory Committee of the League of Nations met in Geneva to plan an international conspiracy to cartelize addictive narcotics. When THAT plan was handed to the General League 

On 02SEP1929 the following occurred: 

China pays League $100,000... The new Nationalist government of China had the largest delegation that country has ever sent to Geneva, its three official spokesmen being the Chinese ministers at Washington, Berlin and Paris. A more substantial evidence of Chinese interest was the payment of $100,000 into the League treasury just before the Assembly convened. This sum, representing six months dues in the case of China, was the first payment that country had made in several years.  

The Tenth Assembly of the League of Nations, which sat at Geneva from September 2 to September 25, 1929, was in many respects the most notable gathering of that body since the League was organized in January, 1920, The representation was more complete than at any previous Assembly, fifty-three of the fifty-four member nations having delegations present... Adopts Limitation of Manufacture of dangerous drugs resolution. The following day, September 3, 1929 is the date U.S. stock market values changed from increasing to decreasing, as can be seen on the charts. (link)

This resolution on some drugs would assume pressing importance to Germany in June and July of 1931.  Stay tuned, we'll be back to 1987 presently. 

Good Reading: The War Below: The Story of Three Submarines That Battled Japan, by James Scott. One of the facts disclosed is how easily submarines smuggled cargo--everything from weapons, fuel, ammunition, explosives, men and materiél--past armed and eager enemy blockades. Nor was this news in 1916, when the Deutschland carried a hefty load of goods to the neutral United States in 1916. It makes you wonder about how Rum Row turned a profit 12 miles off the coast during Prohibition. After all, 97% of U.S: alcohol demand was met by brewing and distilling corn sugar. Only 3% in all could have come from Canada, Mexico and Rum Row ships--but what if those floating contraband stores were also selling drugs the government made disappear in 1914.  If so, how did those supplies arrive? 

Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, as cheap as a pint of craft beer.

Brazilian Sci-fi from 1926 featuring the Hollywood-style beautiful daughter of a scientist touting prohibition and racial collectivism in America’s Black President 2228 by Monteiro Lobato, translated by J Henry Phillips (link)

Brazilian blog… Expatriotas

American blog… Libertariantranslator, with contact form

ASYLUM APPLICATION FORM i589 INSTRUCTIONS IN PORTUGUESE: INSTRUÇÕES PARA O FORMULÁRIO DE ASILO i589. What we did was make the instructions accessible to and understandable by people accustomed to thinking in Portuguese. This costs one dollar ($1) and you can read it on a cellphone with the Kindle app.(link)

Prohibition laws, the 1987 Crash and Recession

Bush notices the difference between his prohibitionism and freedom of production and trade

Ronald Reagan published an autobiography in 2007 bragging about how he and Nancy had seen to it that only people willing to pee into a Drug Czar sample cup could hold jobs in the federal bureaucracy. All others would be fired. 

Onto this bandwagon hopped a Texas congressman with ambitious plans to spread enforcement tentacles around the entire planet, invade other countries, choose foreign politicians and assassinate or jail any who balked.  A year after Reagan's biography revealed--bragged about--what had gone on in the hustings, Texas President George W Bush blinked at teevee cameras as the economy crashed around him.  Bush was absolutely baffled that "the market" Reagan, Bush Daddy and he himself had coerced at gunpoint with prohibitionist zeal and faith-based asset-forfeiture highway robbery, had "stopped working." Let's look at the record. 

The following material was proudly posted on government websites, then disappeared as voters invested their ballots in Libertarian and Democratic repeal platform candidates. The plotting began in earnest on September 11, 1986. 

9/11: H.R. 5484 Title: A bill to strengthen Federal efforts to encourage foreign cooperation in eradicating illicit drug crops and in halting international drug traffic, to improve enforcement of Federal drug laws and enhance interdiction of illicit drug shipments, to provide strong Federal leadership in establishing effective drug abuse prevention and education programs, to expand Federal support for drug abuse treatment and rehabilitation efforts, and for other purposes. 

Sponsor: Rep Wright, James C., Jr. [TX-12] (introduced 9/8/1986) Texas Congressman Jim Wright

9/8/1986 Introduced in House 

9/11/1986 Passed/agreed to in House: Passed House (Amended) by Yea-Nay Vote: 392 - 16 (Record Vote No: 378). 

9/30/1986 Passed/agreed to in Senate: Passed Senate in lieu of S. 2878 with an amendment by Yea-Nay Vote. 97-2. Record Vote No: 302. 

10/8/1986 Resolving differences -- House actions: House Concurred, in Senate Amendments, with Amendments by Unanimous Consent. 

10/15/1986 Resolving differences -- Senate actions: Senate concurred in the House amendment to the Senate amendment with an amendment by Voice Vote. 

10/17/1986 Resolving differences -- House actions: House Concurred in Senate Amendments to House Amendments, with Amendments, by Unanimous Consent. 

10/17/1986 Resolving differences -- Senate actions: Senate agreed to the House amendment to the Senate amendment to the House amendment to the Senate amendment by Voice Vote. 

10/17/1986 Cleared for White House. 

10/27/1986 Presented to President. 

10/27/1986 Signed by President. 

10/27/1986 Became Public Law No: 99-570. (Anti-Drug Abuse Act of 1986)

27OCT1986: Anti-Drug Abuse Act of 1986. The penalty for any country that urges the production or distribution of illegal drugs, or whose officials do likewise, or that threatens US drug enforcement officials, or that fails to cooperate, is clearly stated: "The law requires the president to suspend all United States assistance, and to oppose any loans or other use of multilateral development banks funds for the benefit of any such country."

When was the last time you saw any reporting on this tiny tidbit of what went on during and after that 9/11 attack on the freedom of production and trade? When did you learn that U.S. law threatened and coerced other countries to intimidate them into silencing any talk of repealing prohibition? The above is only the sketchiest outline. The details are nothing if not surprising to those who never bothered to look until after the Crashes, recessions and military invasions, after the autobiography, and after the Crash of 2008 with its attendant recession. There is plenty more to come, straight from original sources. 

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Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, as cheap as a pint of craft beer.

Brazilian Sci-fi from 1926 featuring the Hollywood-style beautiful daughter of a scientist touting prohibition and racial collectivism in America’s Black President 2228 by Monteiro Lobato, translated by J Henry Phillips (link)

Brazilian blog… Expatriotas

American blog… Libertariantranslator, with contact form

ASYLUM APPLICATION FORM i589 INSTRUCTIONS IN PORTUGUESE: INSTRUÇÕES PARA O FORMULÁRIO DE ASILO i589. What we did was make the instructions accessible to and understandable by people accustomed to thinking in Portuguese. This costs one dollar ($1) and you can read it on a cellphone with the Kindle app.(link)