Latest
Toronto Harm Reduction Task Force Speakers Series Presents Ethan Nadelmann
Press Advisory: Citizens Affected by World Drug Policies Question the UN
Kellogg's Stock Takes Big Hit After Phelps Bong Controversy
I'm no expert on the stock market, but this doesnât look good for Kellogg's:
Kellogg Co. Stock -- February 2009:

As the chart shows, the company's stock took an immediate dive following its decision to drop Michael Phelps over the infamous bong hit photo. What began as a coordinated boycott by drug reform organizations quickly escalated into a full-blown media frenzy as major news outlets picked up the story. Pot-friendly websites like Digg.com began directing massive traffic to news coverage that was critical of Kellogg's anti-marijuana posturing, thereby increasing the campaign's visibility among likely supporters.
The cumulative impact of all this negative publicity is helpfully illustrated by The Vanno Reputation Index, which monitors the public image of leading corporations:
Out of the 5,600 company reputations Vanno monitors, Kellogg ranked ninth before it booted Phelps. Now it's ranked 83. Not even an industry-wide peanut scare inflicted as much damage on the food company's reputation. [Business Insider]
In the current economic climate, it would be silly to think we're solely responsible for Kellogg's falling stock. Still, the Vanno data clearly shows that we've dealt a substantial blow to the company's reputation at the worst possible time. Whether or not we actually had a considerable impact on Kellogg's bottom line is beside the point. What matters is that we sent an unprecedented message to corporate America that reefer madness is bad for business.
For far too long now, the drug war has been sustained by a corporate culture that embraces anti-drug propaganda at every turn. Just as our press and politicians have struggled to come to terms with evolving public attitudes about drugs and drug policy, corporate America has remained enslaved by the tired mindset that a healthy public image is best secured through hardline anti-drug posturing.
The Phelps saga may soon be regarded as the moment when all of that changed, the unforeseeable, yet inevitable moment when the invisible hand of America's marijuana culture finally became a fist.
Update: Many have pointed out, and I agree, that Kellogg's falling stock is much better explained by the economy than the boycott. I thought I did a sufficient job of drawing this distinction in the post, but I can understand how the title and tone of the overall post might lead some to conclude otherwise. So for the record: the point of the post is not that the marijuana reform community crashed Kellogg's stock. I don't believe that to be true. The point is that our message gains much better traction at a moment like this. The last thing Kellogg's wants is a highly publicized boycott in the middle of an economic crisis.
I've been skeptical of previous boycott proposals that have circulated among reformers in the past, but this effort has been a massive success. In terms of media coverage and the subsequent slaughter of Kellogg's corporate reputation ranking, we couldn't have asked for a more visible impact than we've managed to achieve.
Just because Kellogg's hasn't formally surrendered to us somehow doesn't mean we didn't kick their ass. I'm sure they are utterly stunned by the backlash they received, and that's what matters.
Cops Going to Prison for Botched Drug Raid That Killed Elderly Woman
These officers crossed the often all-too-thin line that separates drug cops from common criminals, and they will pay for what they did, as well they should. We can only hope that today's outcome serves as a reminder to others in uniform who've forgotten what it means to protect and serve. Alas, this comment from the judge suggests that Atlanta's problems with rogue cops are far from solved:
A federal judge who sent three fallen cops to prison for a notorious drug raid that left an elderly woman dead said Tuesday that Atlanta Police Department performance quotas unduly influenced the officersâ behavior.
"It is my fervent hope the Atlanta Police Department will take to heart what has happened here," U.S. District Judge Julie Carnes said. At the close of an emotional two-day hearing, Carnes sentenced former officers Gregg Junnier, Jason R. Smith and Arthur Bruce Tesler to between 5 and 10 years in prison.
At the hearing, Teslerâs lawyer provided examples of other Atlanta police officers breaking the rules or violating the law and said a disturbing culture of misconduct pervades the force. [Atlanta Journal Constitution]
Thus, even in its finest hour, our justice system remains crippled by the enemy within. There is nothing unique about Atlanta's police culture that brought this tragedy to life. Everywhere the drug war is fought, you will find police who have become indifferent to the very laws they've sworn to uphold.
Presupuesto federal: Proyecto de estÃmulo económico también estimula lucha contra la droga
Policial: Las historias de policÃas corruptos de esta semana
Marihuana: Encuesta Zogby muestra apoyo mayoritario a tributación y regulación de la marihuana en la Costa Oeste de EE.UU. y aumenta apoyo en todo el paÃs
Reseña de la Crónica: "Dope Menace: The Sensational World of Drug Paperbacks, 1900-1975", de Stephen J. Gertz (2008, Feral House Press, 219 págs., US$ 24,95, en rústica)
Tell Congress to stop thwarting D.C.'s medical marijuana law
Dear friends:
Although Washington, D.C., passed a ballot initiative to allow medical marijuana use in 1998, with an overwhelming 69% of the vote, Congress has thwarted the will of D.C. voters and prevented the law from taking effect.
In fact, originally â until a court intervened â Congress even tried to stop the vote from being counted!Â
Would you please take a minute to ask Congress to stop overriding the will of D.C. voters, and let D.C.'s medical marijuana law go into effect? MPP's online action center makes it easy.
Even the sponsor of the original federal law, former Congressman Bob Barr (R-Ga.), has called for the repeal of the very law he authored a decade ago, saying, âContinuing to have the federal government run roughshod over the states, even if the citizens of a state decide they wish to legalize medicinal marijuana, for example, is wrong.â
In 2007, MPP worked with Congressman Barr to try to remove this provision so D.C.'s medical marijuana law could go into effect. But at the time, Democrats in Congress didn't want to force the issue with then-President Bush, who they knew would use such an opportunity to stoke the flames of the culture war. However, now that we have a president in the White House who has already signaled support for medical marijuana access, this is the best opportunity we've ever had to repeal this terrible provision.
Please take a minute right now to tell Congress to stop thwarting the will of D.C. voters.
Thank you,
Rob Kampia
Executive Director
Marijuana Policy Project
Washington, D.C.
P.S. As I've mentioned in previous alerts, a major philanthropist has committed to match the first $2.35 million that MPP can raise from the rest of the planet in 2009. This means that your donation today will be doubled.
Pagination
- First page
- Previous page
- …
- 669
- 670
- 671
- 672
- 673
- …
- Next page
- Last page