The Jo Jorgensen campaign has put together a really good ad. It tragically omits the fact that in a fractional-reserve banking system, prohibitionist asset forfeiture wrecks the economy with bank failures, market crashes, monetary contraction, liquidity crises, bankruptcy and loss of your retirement savings. Prohibition enforcement kills people, yes, but it also WRECKS THE ECONOMY!
Opium prohibition in China caused the Crash of 1837 when the Quing Dynasty emperor suddenly ordered British and American opium traders deported. Britain liquidated all investment in American improvement bonds and a Depression ensued–and a series of wars that killed 25 MILLION people.
The Panic of 1893 included a prohibition element in that lame duck Harrison cracked down on smuggling of high-tariff opium right before Cleveland was inaugurated. The panic of 1907, like the Silent Panic of 1903, was also largely a result of prohibition of patent medicines, blended whiskey, and ignorant uprisings against ice houses in a flurry of State prohibition laws.
The 1920 and 1929 crashes were absolutely caused by prohibition and use of the communist income tax amendment forfeitures and fines as an enforcement crutch. The banking panics began when Al Capone’s cronies were railroaded on tax evasion charges, and glucose, yeast and malt factories were indicted for liquor conspiracies. Banks closed because it was withdraw it or lose it. Even Friedman and Schwartz missed this causal connection, but it’s all in Prohibition and The Crash–Cause and Effect in 1929!
Nixon’s Operation Intercept and Quaker prohibitionism emulating Herbert Hoover also directly triggered a recession officially recorded two months after his orders to point the loaded guns at peaceful people.
Biden, Bush and Reagan’s congresses signed off on the Anti Drug Abuse Act of 1987, and my October of 1987 mandatory drug testing, mandatory minimums and asset forfeiture had the economy in a Crash, collapse and recession.
Bush Junior’s faith-based asset-forfeiture Executive Order directly caused the Crash and Recession of 2008, ushering in 2 terms of Democratic Party kleptocracy. Believing in the Nixon media’s either/or wasted vote mendacities is a lose-lose proposition.
Make your vote MATTER for a change!
She’s with Us!
Brazilian Sci-fi from 1926 featuring the usual 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)
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, each at the cost of a pint of craft beer.
Brazilian blog…
libertariantranslator 