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Showing posts with the label recovery

Behind the Scenes in 1929

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  Off with their heads! Qing prohibitionism On the 17th of January, 1929 , the League Of Nations' coryphaeus of opium prohibitionism met in Geneva to deliberate on the initiation of deadly force in furtherance of prohibitions outlawing production and trade. On September 2, this Opium Advisory Committee recommended that the League organize gangs to kill, imprison and confiscate throughout the entire planet, as the Republicans had done in the USA. As of March 2, 1929, beer and wine made one liable to five years in jail and a fine of about 14 pounds of gold.( link ) Stock markets shriveled and interest rates climbed steeply.  All that remained was for Europe to withdraw investments from the USA, as England had done when China, in December of 1836, invited the East India Company opium dealers to leave.  Germany--the world's premier heroin producer even before the First World War--stood threatened by the Christian fascism of compulsory abstinence. Japan was the only Asian cou...

Prohibition laws, the 1987 Crash and Recession

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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...