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1987 Crash: Naming Names

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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

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

Prohibition, Financial Crisis, WAR

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  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 result

The Versailles Prohibition Treaty

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  The Versailles pact was the successful outcome of China using the USA to ban plant products Go ahead and ask Google : "What did the Versailles treaty do?" The corporate answers are dissembling lies. Americans, who mostly have never read the treaty or its Siamese-Twin corollary, the Charter of the League of Nations, are surprised, shocked, to learn the conflict is rooted in events of 1836.  Americans are vaguely aware there was a "Panic" in 1837, with financial crashes, a severe economic depression and considerable violence in the streets.  Stories cobbled to explain away the whole thing abound. Democrats urge readers to accept Andrew Jackson's suspicion of a central bank as the sole and ultimate cause. Republicans smugly add that charging payment in gold for government (meaning Indian) land caused a liquidity crunch. None of the stories mention that Mexico was China's trading partner , or that Texas was at war with Mexico in 1836 . Nor will the reader se

Herbert Hoover and Adolf Hitler

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  Herbert Hoover tosses Moratorium Bait to Europeans The Great War of 1914-1918 resulted in the Versailles surrender treaty and several Armistice agreements, all of them bristling with references to chemical drugs and narcotics nobody ever mentions. The Versailles treaty also demanded that Germany pay for damage done by WW1. The US refused to charge Germany reparations but did expect repayment of loans taken by many European nations during that war. Those worthies in turn demanded the German reparations out of which they imagined they'd pay those loans outstanding. Thirteen years later Germans ans everyone else were trying everything to get out of those payments. Herbert Hoover "seen his chance" to fasten on another narcotics convention building onto seldom-mentioned  narotics limitation plans advanced in 1929 and 1930 within the League of Nations.   On 22APR1931 the Hoover Administration roped Germany  into an Extradition Treaty not very different from one entered into

Volstead Act Collapse III, 15-21

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  Every bank in the USA was shut BEFORE March 1933 thanks to Bert Hoover opening corporate tax returns to scrutiny by State officials  Sec. 16. Any tax payable upon alcohol under existing law may be collected either by assessment or by stamp as regulations shall provide; and if by stamp, regulations shall issue prescribing the kind of stamp to be used and the manner of affixing and canceling the same. Sec. 17. When any property is seized for violation of this title it may be released to the claimant or to any intervening party, in the discretion of the commissioner, on a bond given and approved. Sec. 18. All administrative provisions of internal-revenue law, including those relating to assessment, collection, abatement, and refund of taxes and penalties, and the seizure and forfeiture of property, are made applicable to this title in so far as they are not inconsistent with the provisions thereof. Sec. 19. All prior statutes relating to alcohol as defined in this title ar