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
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)
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
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)
No American schoolbook mentioned the Opium Wars until Brian Inglis published The Opium War in 1976, the election year the Libertarian Party ran its second slate of candidates demanding repeal of drug prohibition laws. The audiobook version is now available.(link) Brian's other drug book, the Forbidden Game, gives further insights into how prohibitionism developed as a cudgel with which pharma cartels wielded government laws as marketing tools and double-edged weapons once the colonial harnessing of addiction was out of the bag.(link) The link between the dragooning of political States into marketing tools and weapons of economic warfare is not the sort of thing those political states extoll with pride. Enormous effort goes into disguising the fact made plain by Adam Smith in 1775 that wars prohibiting production and trade necessarily wreck national economies, just as purging the violence of law from trade relations gives rise to the Wealth of Nations.(link) As Smith cannily observed "We rarely hear, it has been said, of the combinations of masters, though frequently of those of workmen."
So ingrained by conditioning is blindness to the prima facie obviousness that banning trade brings Panics, Crashes, Depressions and War that the very suggestion that Prohibitions on commerce--be it of liquor, drugs or books--elicits an almost instinctive skeptical reaction worthy of the attention of the son of a deputy opium inspector second-class. Eric Arthur Blair, better known by his pen name George Orwell, was in fact just such a son and in 1930 wrote a book the publication and sale of which was soon banned throughout the British Empire.(link) This blog mostly unfolds a tale of the whys and wherefores of this censorship. You and I are examining the facts it conditions people to ignore by methods proven to sell liquor and cigarettes.(link)
The chart above claims that German production of morphine fell in 1930 to a level lower than the previous five years of rapid population growth. Nobody mentions that American prohibition laws urged ahead by Chinese trade boycotts as of 1905, had expanded internationally via the Hague until war exploded in morphine-exporting Europe. The Versailles surrender treaty operated by the League of Nations took over drug cartel prohibitionism--in its Article 23--and also demanded Germany pay war reparations to the European victors. German morphine found its way to the USA as a replacement for alcohol, but those clandestine exports were hampered by the establishment of the Advisory Committee on the Traffic in Opium and Other Dangerous Drugs on 15DEC1920, the day before liquor was banned by U.S. law. The subsequent Jones-Miller Act of 26MAY1922 creating Federal Narcotics Control Board soon played a role in wrecking the German economy.(link) Government schools elide these laws and focus instead on French incursions into Germany's Ruhr region and the horrors of hyperinflation.(link)
America's War On Beer and Gin led to enforcement of the Prohibition Amendment via the Income Tax Amendment. This method leaked over into so-called "narcotics" as of 16MAY1927, and all German industrial output fell sharply, as the 1927 morphine bar shows on the League of Nations chart above. That same politician, Wesley Livsey Jones, wrote a law making even beer offenses a felony in March 1929, one month after the League of Nations Opium Advisory Committee meeting in Geneva spent two weeks in lively discussions of ways to enforce prohibitions on the "illicit" traffic in what it called "dangerous drugs."
The word CRASH described the U.S. financial situation in Time Magazine in its 21APR1929 edition.(link) But the word CRASH soon returned to journalistic vernacular, for the Opium Advisory Committee turned its report and recommendations over to the League of Nations which met on 02SEP1929. These came complete with Chinese recommendations that drug manufactures be limited by government fiat and that China be given a world monopoly on producing opiates. Three days earlier, talks on war reparations payments at the Hague were concluded. Check any interactive chart and you can see that stock prices changed from rising to falling on 03SEP1929. There are lots more of these examples.
Good reading: The Forbidden Game: A Social History of Drugs, Kindle Edition, by Brian Inglis. This brilliant Irishman assembled a fluent and readable history of the way prohibitionism extended its reach throughout all global trade and production. (link)
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
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)
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 country that confessed to being a cocaine producer--for which non-addictive stimulant there was a "huge black market" all over Asia. That same Advisory Committee met again January 20th to February 14th 1930, this time entertaining suggestions that China ought to be given a global monopoly on production of opiate narcotics. Is it any surprise that Japan and Germany were the first countries to abandon the League of Nations and join together as allies against all who supported the global exportation of Sino-American prohibitionism?
The mechanism was similar to that of the Panic of 1837. China in 1936 sent away the British dealers and Britain liquidated American bonds to finance the Opium Wars. Similarly, the Crash of 1929 turned into an avalanche in 1930, the year , and the export of violent prohibitionism blew up the German economy with the Convention on the Limitation of "narcotics", i.e. EVERYTHING, which hit in June-July 1931. Wars are born from that. See what a Republican congressman published that month:
Government Control of Narcotics Urged as Crime Deterrent--by HAMILTON FISH JR., 43, former NY assemblyman elected to Congress for NY District 26 in 1919, and has been returned each term since.
"The illegitimate drug trade should be out in the same category as piracy, calling for the full exercise of naval, military and police powers of all nations to combat its spread as was done against the slave traffic.
In spite of pious pronouncements by civilized nations, the main difficulty in combatting the illicit traffic in narcotic drugs is the apparent willingness on the part of certain nations to produce or manufacture narcotics many times the amount required for the legitimate use of science or medicine. The flow of dangerous, habit-forming illicit narcotics of Europe and Asia into the United States continue in spite of international agreements and pious pronouncements.
There are a number of large international drug rings operating in the United States, backed by ample capital and guided by shrewd and unscrupulous minds. The profits are so enormous that the underworld crooks do not hesitate to take any kind of risk to smuggle narcotics, easily secured from factories in Switzerland, Germany, Holland, Turkey and Japan, into the United States and then through well-developed operations to deliver those evil drugs into every state and city in this country.
The crime wave which has assumed such terrible proportions in the United States is largely attributable to smuggled heroin and cocaine and other vicious drugs. One-third of all the inmates of our federal prisons are addicts or violators of our narcotics laws. It is estimated by reliable authorities that 50% of the crimes of violence can be traced back to some form of drugs.
Every available weapon must be brought into use against these smugglers in habit-forming drugs, particularly against the higher-ups in the big international dope rings, who are worse than murderers. /meaning worse than prohibition agents/ We have remained silent and have tolerated their insults and their criminal activities far too long.
The narcotics traffic is world-wide and it is essential that there should be unity and cooperation among the great nations, in order to secure enforcements and control the manufacturer of habit-forming drugs in all nations of the world by their own governments. [this while the Narcotics Limitation Convention is riveted onto Germany, the world's largest exporter of heroin, now in demand thanks to the prohibition of beer and wine as narcotic liquor. Fish made a similar speech over the radio May 28. Hitler met Baron August von Finck and raised 13 million Reichsmarks February 3.]
This hit the news while the Convention on the Limitation of Narcotic Drugs was targeting Germany, the world's largest exporter of heroin, a product for which there was an exaggerated demand thanks to the prohibition of beer and wine as narcotic drinks in the USA. Fish had delivered a similar speech on May 28, and throughout the Hoover administration he had been agitating in Congress and in meetings with the America's first Quaker President.
Almost a year earlier, the US signed an extradition treaty with Germany, clause 7 of which provided for extradition for piracy and 28 for crimes or incidents of drug trafficking. Bigwigs, even millionaires from Germany's chemical and pharmaceutical companies could have been dragged off in handcuffs to the fanatical United States if Deputy Fish had been taken at his word.
Hitler had a meeting four months earlier, in February, with Baron August von Finck (of Merck) and raised 13 million Reichsmarks for his election campaign.(link) The Baron's son was one of the biggest backers financing the current German party of positive Christianity during the rise of Donald Trump. (link) Germans refer to the Alternative for Germany (AfD) party as a Nazi-fascist party, and rarely miss a chance to embarrass the U.S. Libertarian Party--infiltrated since May 2022 by the prophets of von Mises---whose institute is also funded by billionaires descended from Nazis.(link) U.S. meddling had some really unexpected consequences then, and now.
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Good reading: The Forbidden Game: A Social History of Drugs, Kindle Edition, by Brian Inglis. This brilliant Irishman assembled a fluent and readable history of the way prohibitionism extended its reach throughout all global trade and production. (link)
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
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)
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)
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)
