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Apr 4, 2012

Straight From Oz: Real Reason Elites Intend to Legalize Some Drugs?


From The Daily BellWednesday, April 04, 2012 – by Staff Report


Australia foreign minister calls for decriminalisation of low-level drug use ... Bob Carr, Australia's foreign minister, whose brother died after a heroin overdose, has urged the decriminalisation of low-level drug use, after a report concluded the war on the scourge was lost ... "A bit of modest decriminalisation, de facto decriminalisation at the edges, simply freeing up police to be doing the things they ought to be doing, would be a sensible way of going about it," Mr Carr told the Seven Network. He added to fellow broadcaster ABC that by doing so "we wouldn't have armies of police patrolling outside nightclubs and pubs hoping to snatch someone who's got an ecstasy tablet in his or her pocket or purse". – UK Telegraph


Dominant Social Theme: This drug war hasn't worked. Time to be more reasonable about it.


Free-Market Analysis: Last week we thought we detected a trend: The top elites via politicians and the mainstream media in the US were embarked on creating some sort of dominant social theme aimed at legalizing some drugs.


At the time we didn't understand why this promotion would be launched, given that the elites have shown no compunction about putting people in jail for years for doing something as innocent as smoking a marijuana cigarette.


We received interesting and insightful feedbacks to our questions about this seeming emergent elite meme, but as is so often the case, a little more time seems to be revealing what may be the truth of the matter. You can see the initial article here: Have Elites Decided to Legalize Some US Drugs?
The US has jailed tens of millions in the past decade over drug infractions. But now we seem to be seeing some re-thinking ... First Pat Robertson writes about legalizing marijuana and then CNN's Fareed Zakaria writes about it as well. And that's not all.


A random search of Google shows that a bill to legalize medical marijuana is moving forward in the Tennessee House and that the Rhode Island Senate is discussing legalization as well. In Yakima, Washington, a former Seattle police chief and a former state senator will hold a public forum on the legalization of marijuana.
Now, in this article excerpted above, we think that the purpose of this theme, if that's what it is, is beginning to emerge. Australian foreign minister Bob Carr may have given the game away by referring to, "A bit of modest decriminalisation, de facto decriminalisation at the edges, simply freeing up police to be doing the things they ought to be doing... "


What Carr is saying is that the "authorities" are stretched. The system, he is indicating, has other priorities that are not being addressed because of the "war on drugs."
What might those priorities be? We can only speculate, but as the Western world tends to move in lockstep when it comes to such things (given that nation-states are pretty much an illusion at this point), we would tend to think that a decision has been made to point the resources of Leviathan at the emergent freedom movement that is roiling the Western world.


We've long predicted this moment, of course, writing over and over that the Internet is a kind of Gutenberg Press and that the same sort of society-transforming trends are taking place now as did back then.


Then, from what we can tell, the elites started a number of wars, including a so-called Peasant War that lasted about 30 years. War is a great way to control the masses because all the rules of civil society can be thrown out based on "security considerations." That's what is happening today, as then.


There are many other parallels between the circumstances surrounding the Gutenberg Press and today's Internet. We've often mentioned them in these pages. Copyright was invented in Britain after the advent of the press in order to slow the transmission of information – and now today, again, copyright is being used, this time as a weapon against the Internet.


The elites are neither imaginative nor facile. They tend to select repetitious stratagems from a sparse and brutal tool kit. They are not disappointing now. Brutality is increasingly the order of the day. Wars, depression, torture and general intimidation via Draconian laws and regulation are the order of the day.


People are perpetually and increasingly astonished at what's going on. Just the other day, CNN leftist Rachel Maddow appeared on-air with a rant against the Supreme Court for determining one could be strip-searched at the discretion of US law enforcement no matter the reason. 


Maddow laid the blame on a "conservative" Supreme Court but, in fact, the stale right-left paradigm has no relevance to what's going on. The emergent fascist state throughout the West has all the hallmarks of a deliberate policy.


Of course, Maddow would have to admit that there are dynastic families based out of the City of London that want to run the world and are willing to create a kind of generalized Western Third Reich to do so.


The power elite that wants to rule the world has been destabilizing the US for several centuries – really ever since it came together as a libertarian republic. It took the Civil War to really set in motion the trends that have blossomed today, including a massive military-industrial complex, an intel-industrial complex and a penal-industrial complex.


Australia has all the signal hallmarks of an emergent fascist state including a feverish green lobby, incandescently dishonest politics, an emergent carbon tax, etc. But we have to think that the "stick" of this decriminalization is aimed at the US.


The emergent authoritarian TSA has just ordered 400 million hollow-point bullets and the US is building a trans-national spy facility out in Utah at a cost of billions. The elites have always hated and feared US exceptionalism and its general republican orientation.


Under former President George W. Bush, the US also built numerous detention facilities across the US, giving the contract to Dick Cheney's Halliburton. While there is a large intimidation/propaganda factor to all of this, the elites are probably dead serious about a transfer of resources away from petty drug matters in order to focus on social unrest, "domestic security" and "the war on terror."


Does the real reason for the War on Drugs stand revealed? Was it really intended simply to build a kind of trans-national gulag that can now be employed for the security purposes of the elite? Did people really waste away their lives in prison simply to provide a pretext for the construction of a blossoming Security State?


Conclusion: Having created and staffed this monstrosity, are the top elites now prepared to put it to "better" use. Think about the "great debates" of prohibition that have raged for the past century, the billions of words and books and white papers that have been written. Was it really nothing but an excuse? And if so, how they must have laughed ...

Marc Faber, "The Ego of Mr. Bernanke has been Badly Inflated"

From  Apr 3, 2012:


US President Barack Obama gave a speech accusing Republicans of "social darwinism" with budget cuts they are proposing, calling them antithetical to the country's history as a land of opportunity. But how much opportunity is there left exactly? We speak with Dr. Marc Faber, publisher of the Gloom Boom & Doom report. He says that wealth destruction and social unrest may be on the way for Western economies, whose citizens are being outcompeted by those in emerging economies who are willing to work harder and are far hungrier than Westerners are. 


And yesterday, Wall Street had a strong start to the second quarter, with the S&P 500 marking its highest close since mid-May 2008. And the FOMC minutes today reveal the Federal Reserve is holding off on more monetary easing unless US economic growth falters or inflation goes below two percent. So is this inflation or deflation? Is this risk on or risk off? And what does it mean for the economy that this is the way we are always looking at things? Marc Faber has his own thoughts on the matter. He believes that this debate is not quite so simple. He says inflation in money and credit can cause bubbles, but it is hard to know where they are, and it is not easy to know where inflation is taking place. Governments hide inflation through various official numbers and estimates, and also, much of that inflation goes into asset prices. We do not know exactly how much the Federal Reserve, the ECB, the BOJ, etc. are propping up the prices of stocks, commodities, etc. We can only estimate. The money printing and loose language of the central bankers and policy makers around the world certainly does distort the price mechanism, however, and Marc Faber is not optimistic about the ramifications of these actions.


And finally, we've heard talk about the possibility of a student loan bubble -- a more than $1 trillion debt problem. Well, it appears some senior citizens are on the hook along with kindergarteners. But what is the value of education really? After all, central bankers and economists have PhD's from the best ranking universities in the country. We'll break it down for you during our segment of "Loose Change," though Marc Faber weighs in on student debt as well.
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