Wall Street Journal Says Marijuana Legalization Could Save Mexico

You know things have changed when mainstream media coverage of the war on drugs increasingly looks like this:

In the 40 years since U.S. President Richard Nixon declared a "war on drugs," the supply and use of drugs has not changed in any fundamental way. The only difference: a taxpayer bill of more than $1 trillion.

A senior Mexican official who has spent more than two decades helping fight the government's war on drugs summed up recently what he's learned from his long career: "This war is not winnable." [WSJ]

The whole piece is excellent and it's exactly this sort of thorough reporting that's been missing from the drug policy debate for far too long.
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Amen Brother

"I never thought I'd see the day." Something is in the air ! Now if the the powers that be, would just face the facts...

Yes!!

I, especially, like the fact that they are pointing out the absolute failure that the "drug war" has been. If we keep doing the same things, it is pure insanity. I hope this article gives a few more drug warriors a boot in the rear to find out the facts, as they stand, today! The biggest problem, I see, is that the government loves to waste money, on them. That continues to occur, even after the DEA has a grade of "zero" given to them, by the GAO, a few years ago! But, as we all know, it is a lot easier to spend (I mean waste) "someone else's" money!

Wall Street Priorities

Niche industries are fond of sucking up drug war cash, but most drug war funding goes to sustain Big Government, something that many readers of the WSJ allegedly want to downsize and drown in a bath tub.  Excluding any ties to the black market, industrial drug war profits favoring a few legitimate commercial enterprises may not be that big a deal to Wall Street.

A big deal to Wall Street is anything that interferes with commerce.  Civil unrest south of the border disrupts the free flow of commerce between the United States and Mexico.  As public disorder continues, the economic loss for both countries is capable of vastly exceeding licit drug-war-industry profits, if it hasn’t already.

Even without a border conflict, top ranking periodicals such as The Economist, as well as the late Economics Nobel Prize winner Milton Friedman, offer virtually no economic arguments favoring prohibition.  Prohibition economics is wasteful, essentially non-productive for anyone but drug producers and smugglers, and ultimately cuts into the potential profits of thousands of businesses that want nothing to do with the U.S. government’s enduring, pathetic experiment in social control.

Giordano

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