Again, this is that same chart showing unemployment and recessions
1973-74: The DOW was high early 1973 as the pro-choice, anti-draft Libertarian Party got an electoral vote. Women became rightful individuals a couple of weeks later and the U.S. was driven out of Vietnam as unemployment dropped to 1960 levels. Nixon's Watergate burglars soon dominated the news until mid-October, when a Brussels bank was investigated for odd exchange transactions with German banks.(link) The New York Dow Jones average dropped from 1000 to about 600. Germany down from 800 to 550. France dropped from 100
to below 50. London dropped from 500 to 175. Italy showed wild zigzags, net loss.
Holland dropped from 170 to below 100. Australia dropped from 650 to 75. Canada
fell from 220 to below 150. Japan down from 410 to 275. Hong Kong 1000, spiked
to 1800, then dropped to about 220... Why?
On 22JAN1973, the same day the Supreme Court voted by a margin of 7-2 that a woman had a constitutional right to an abortion, the twenty-fifth session of
the Commission on Narcotic Drugs was held at Geneva from 22 January to 9
February 1973.(link) Recall that the 1969-1970 recession above--with steep unemployment--matched Nixon's Operation Intercept which segued into the Convention on Psychotropic Substances signed at Vienna, Austria, on February 21, 1971. On the chart above, surprise, surprise, in mid-October 1973 we have the start of another recession. During the gap campaign funding irregularities and burglars hired to break into Democratic headquarters occupied the Nixon Administration, which issued heated denials of wrongdoing in August. Nixon was cornered, quit, was pardoned by Ford for all high crimes, felonies and treason on 08SEP1974... but the deadly prohibitionism he left, like a stray dog, on America's doorstep, persisted with the huge increases in unemployment, inflation and stagnation shown above.
Unemployment increased under the weight of deadly new prohibitions enforced worldwide by men with guns. Ford and running mate Dole were tossed out by voters and unemployment fell during the Jimmy Carter Administration.
Next up: Ronald Reagan revives Herbert Hoover and Adolf Hitler's Christian National Socialism with help from fellow mystical jihadists.
Good Reading: INTERNATIONAL NARCOTICS CONTROL by L.E.S. EISENLOHR, Arno Press, NY, 1981. This highly slanted government propaganda book opens with the Establishment of the Opium Advisory Committee and covers it's work, bizarre plans and trial balloons, monopoly control, the establishment of the Permanent Central Opium Board and its functioning, and several chapters on how deadly coercion can control production. All of this papers over entirely the fact that the Hague Opium Convention, organized to placate Qing China, was re-tasked as a weapon in cartel warfare. Americans wanted to include beer, wine and brandy but dared not lest they become a laughingstock. So the U.S. devoted all efforts to banning South American cocaine--a drug much like coffee. Eurasians meanwhile exploited the bureaucracy--funded in large measure by the fanatical Herbert-Hoover-Harry Anslinger Axis--to back its efforts to ban cannabis, which is neither toxic nor habit-forming, precisely to make opium more expensive and profitable. The truth is not always a pretty thing. Find this book on bookfinder.com
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)
American blog… Libertariantranslator, with contact form
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)
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 ...
Who was Germany's ally in WW1? (Amounts in kilos) If you guessed Turkey , you identified the German ally These United States exempted from a declaration of war in 1917 and shielded from accountability for genocidal extermination of Armenians. The graph does NOT tell you that the 14.1 tonnes of opium China shipped to Germany in 1912 came in large part from confiscated shipments after the 1911 revolt that ousted the Qing Empire and ended foreign dumping of opiates. Prohibition zealots are good at eliding inconvenient facts, but to understand how prohibition wrecks national economies it helps to understand that the freer the trade, the wealthier the nation. Does that mean that adding coercive meddling via deadly force impoverishes an economy? Let's find out. My government-mandated History classes at UTexas thrilled at the showdown between banker Nicholas Biddle and President Andrew Jackson over the primitive national bank and were given to understand the Panic of 1837 resul...
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 materi...
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