Herbert Hoover, 1929, Anti-dog-eat-dog

Republican Prohibitionist fanatics

Hitler’s Anti-dog-eat-dog helper (link) shakes with Brezhnev’s ally in violating the Second Amendment (link)

Hoover speech to Chamber of Commerce conference, 12/5/1929: Much construction work had been postponed during the past few months by reason of the shortage of mortgage money due to the diversion of capital for speculative purposes.
 The third line of action has been to undertake through voluntary organization of industry the continuity and expansion of the construction and maintenance work of the country, so as to take up any slack in employment which arises in other directions. (…) This is a far cry from the arbitrary and dog-eat-dog attitude of the business world of some 30 or 40 years ago.  (Hoover 1929 1974 454-5) (link)

Translation: making beer a 5-year prison term felony with a fine of over half a million 2019 dollars just before my inauguration backfired. Asset-forfeiture of everything from ocean liners to homes, automobiles and bank & brokerage accounts caused money to flee the banking system after former prosecutor Willebrandt blew the whistle on how we do it in 21 newspapers in August. We now imitate German and Italian fascism make-work projects to disguise the damage caused by using revenue laws to enforce religious prohibition. Religious fascism is not a bit like the laissez-faire liberalism that kept America wealthy and free back when beer and coca wine were as legal as sea salt.

This speech was made the year Ayn Rand married Frank O’Connor. Here is the relevant page from the Presidential Papers of Herbert Hoover:

Brot un Arbeit! Gott Mitt Uns!

Asset-forfeiture prohibitionism chased money from banks, so no mortgages, no jobs, no individualism, no laissez-faire, no freedom!

Hoover (prohibition): “This is not dictation or interference by the government with business.”

Nixon (war on drugs): “I am not a crook!”

Ayn Rand (Atlas Shrugged): “Congress shall make no law abridging the freedom of production and trade …”

Get the complete story in Prohibition and The Crash on Amazon Kindle in either of two languages. After this you’ll be able to explain to economists exactly how pseudoscience, fanaticism and loss of freedom wrecked the U.S. economy.

ProhicrashAmazon

I also produce books and articles in Portuguese, using Brazilian historical sources at http://www.expatriotas.blogspot.com or amigra.us

1929 State of the Union Message

Dry Killer Herbert Hoover

Branding folks felons for beer since March 1929

On December 3, God’s Own Prohibitionist, Republican President Herbert Clark Hoover delivered his State of the Union Address to Congress December 3, 1929. Here are the highlights:

…Owing to unusual circumstances, it has been extremely difficult to estimate future revenues with accuracy. (…) I recommend that the normal income tax rates applicable to the incomes of individuals for the calendar year 1929 be reduced from 5, 3 and 1½ per cent to 4, 2 and ½ per cent, and that the tax on the income of corporations for the calendar year 1929 be reduced from 12 to 11 per cent. It is estimated that this will result in a reduction of $160,000,000 in income taxes to be collected during the calendar year 1930. (p409) (…) The long upward trend of fundamental progress, however, gave rise to over-optimism as to profits, which translated itself into a wave of uncontrolled speculation in securities, resulting in the diversion of capital from business to the stock market and the inevitable crash. (p411) (…)

AGRICULTURE: The agricultural situation is improving. The gross farm income as estimated by the Department of Agriculture for the crop season 1926-27 was $12,100,000,000; for 1927-28 it was $12,300,000,000; for 1928-29 it was $12,500,000,000; and estimated on the basis of prices since the last harvest the value of the 1929-30 crop would be over $12,650,000,000. The slight decline in general commodity prices during the past few years naturally assists the farmers’ buying power. The number of farmer bankruptcies is very materially decreased below previous years. The decline in land values now seems to be arrested and rate of movement from the farm to the city has been reduced. Not all sections of agriculture, of course, have fared equally, and some areas have suffered from drought. (p413) (…)

TARIFFS: I am firmly of the opinion that their application to the pending [tariff] revision will give the country the kind of a tariff law it both needs and wants. (p415) (…)

THE BANKING SYSTEM: The development of “group” and “chain” banking presents many new problems. (…) The relinquishment of charters of national banks in great commercial centers in favor of State charters indicates that some conditions surround our national banks which render them unable to compete with State banks; and their withdrawal results in weakening our national banking system. (p423) (…)

FEDERAL PRISONS: In order to relieve the pressing evils I have directed the temporary transfer of the Army Disciplinary Barracks at Leavenworth to the Department of Justice for use as a Federal prison. (…) We need some new Federal prisons and a reorganization of our probation and parole systems; and there should be established in the Department of Justice a Bureau of Prisons with a sufficient force to deal adequately with the growing activities of our prison institutions. Authorizations for the improvements should be given speedily, with initial appropriations to allow for the construction of the new institutions to be undertaken at once. (p429) (…)

PROHIBITION: The first duty of the President under his oath of office is to secure the enforcement of the laws. The enforcement of the laws enacted to give effect to the eighteenth amendment is far from satisfactory and this is in part due to the inadequate organization of the administrative agencies of the Federal Government. (…) First, there should be an immediate concentration of responsibility and strengthening of enforcement agencies of the Federal Government by transfer to the Department of Justice of the Federal functions of detection and to a considerable degree of prosecution, which are now lodged in the Prohibition Bureau in the Treasury. (…) The District of Columbia should be the model of city law enforcement in the Nation. …there is need for legislation in the District supplementing the national prohibition act, more sharply defining and enlarging the powers of the District Commissioners and police of the District and opening the way for better cooperation in the enforcement of prohibition between the District officials and the prohibition officers of the Federal Government. It is urgent that these conditions be remedied. (p432)

LAW ENFORCEMENT: (p435) … We need to reestablish faith that the highest interests of our country are served by insistence upon the swift and even-handed administration of justice to all offenders, whether they be rich or poor. (…) I have appointed a National Commission… for an exhaustive study… including the special problems and abuses growing out of our prohibition laws. (…) the Department of Justice has been striving to weed out inefficiency… to stimulate activity on the part of its prosecuting officers… The department is seeking systematically to strengthen the law enforcement agencies… by removal of negligent officials and by encouragement and assistance to the vigilant. (…) Increases in appropriations are needed and will be asked for in order to reinforce these offices. …if the citizen… shall insist on selecting the particular laws which he will obey, he undermines his own safety and that of his country. His attitude may obscure, but it cannot conceal, the ugly truth that the lawbreaker, whoever he may be, is the enemy of society. We can no longer gloss over the unpleasant reality which should be made vital in the consciousness of every citizen, that he who condones or traffics with crime, who is indifferent to it and to the punishment of the criminal or to the lax performance of official duty, is himself the most effective agency for the breakdown of society. Our laws are made by the people themselves; theirs is the right to work for their repeal; but until repeal, it is an equal duty to observe them and demand their enforcement.

I have been gratified at the awakening sense of this responsibility in our citizens during the past few months, and grateful that many instances have occurred which refuted the cynicism which has asserted that our system could not convict those who had defied the law and possessed the means to resist its execution. These things reveal a moral awakening both in people and in officials which lies at the very foundation of the rule of law. (Hoover 1929 1974 404-436) (link)

Money was fleeing Federally chartered banks in order to not be confiscated via asset forfeiture should some officious dry killers storm the bank. Observe also that we now call the Laffer Curve was totally operative during the Coolidge and Hoover Administrations, when every cut in federal tax rates brought increased federal revenue and, in Hoover’s words, “fertilizes the soil of prosperity.” This optimistic sermon came after the Crash, with a Crash still wrecking the German economy, and banking panics already afoot in these States, thanks to use of the income tax as a club to enforce prohibition. Herbert Hoover was already proving that he himself, while enforcing prohibition, was “the most effective agency for the breakdown of society.”

Get the complete story in Prohibition and The Crash on Amazon Kindle in two languages. After this you’ll be able to explain to economists exactly how pseudoscience, fanaticism and loss of freedom wrecked the U.S. economy.

ProhicrashAmazon

I also produce books and articles in Portuguese, using Brazilian historical sources at http://www.expatriotas.blogspot.com or amigra.us

1920s legalization trends

China’s republican revolution overthrowing the Quing Dynasty and restoring antiopium prohibition in 1911-12 caused a massive opiate glut. Withdrawal sickness, often medicated with alcohol as a palliative, blurred the distinction between opiate addiction and fascination with alcohol before and during the World War. The war itself was sparked by the glut in opium-producing Balkan nations and morphine-refining Austria-Hungary, Germany, France and England as pressure mounted to ratify the Hague convention. Mr Dooley, a humorous political philosopher quoted by Milton Friedman, reported surplus morphine being added to distilled spirits during the depression begun in 1907. (link)

After the Great War, the Hague antiopium convention set afoot in 1909 was finally ratified at bayonet-point as part of the Armistice and Treaty of Versailles. With President Wilson’s corporate income tax inspections as public records announcement of July 28, 1914, wheat dropped and many stock markets closed. A sharp panic and depression attended federal enforcement of Volstead prohibition beginning the night of January 16th, as coercion and banking problems spread across These States.

Death, prohibition and income taxes

Income tax and prohibition amendments lead to Crash

Canada had experienced a similar narcotic shock, and many provinces had adopted prohibition laws after the pattern of U.S. States during wartime conditions. A black market busily reallocated supply and demand, and with the return to peacetime normalcy much churchly legislation hastily enacted in the heat of war revealed itself a financial burden.

Within a few years most provinces repealed Prohibition: Quebec, British Columbia and the Yukon in 1921, Manitoba in 1923, Alberta in 1924, Saskatchewan in 1925, New Brunswick and Ontario in 1927 and 1929, and Nova Scotia in 1930. Iceland modified its dry law to admit Spanish wine, and even Russia legalized beer and vodka as violent anarchy alternated with deliberate mass murder.

A similar trend occurred in the USA, beginning with repeal of New York’s Mullen-Gage Act, to which womanizing druggie President Harding retorted that a “small and a greatly mistaken minority” imagined prohibition would be repealed. Yet Turkish authorities were busily repealing curbs on narcotics in April 1923. The 1924 Democratic platform expressed shock and dismay at the way narcotics had replaced beer.

Get the complete story in Prohibition and The Crash on Amazon Kindle in two languages. After this you’ll be able to explain to economists exactly how fanaticism and loss of freedom wrecked the U.S. economy.

ProhicrashAmazon

Prohibition and The Crash, on Amazon Kindle

I also produce books and articles in Portuguese, using Brazilian historical sources at http://www.expatriotas.blogspot.com or amigra.us

Economic Recovery, 1923

Nullification saved the economy!

Dry law ignored 1921-22 the way hemp laws repealed after 2008 Crash

Stock markets began falling in 1916, despite War profits, because investors feared the approach of national Prohibition. Prohibitionist States had never been beacons of economic success–rather the contrary. The Crash arrived with the Volstead act the night of January 16th, 1920, and sure enough, the depression arrived. Yet two years later a fairly swift recovery had set in, (link) mainly on account of popular nullification. (link)

Slammer, no second amendment, no suffrage!

Prison terms replace light Bargain Day fines. (link)

This changed radically after the fanatically dry Ku-Klux Klan abandoned the Democratic party after “Whiskey Al” smith ran for president in 1928. Back then inauguration day was March 4th, and by March 2, the lame-duck Congress had gotten president Coolidge to sign the Jones Five & Ten law making beer a federal felony good for 5 years in the slammer and over half a million dollars in fines at current gold prices. With typical American humor Illinois papers that gloomily predicted a Dry Autocracy were soon advertising (non-Irish) Autocrat coffee. (link)

Bandana banana república da Amérika

Just like a Latin American dictatorship

Federal Prosecutor Willebrandt had meanwhile weakened 4th and 5th Amendment protection to make way for the first coercive amendments to the Constitution–the 16th importing the communist platform graduated income tax and the 18th, jointly yielding to the mystical fanaticism that loosed the Comstock Laws, Panic of 1893 and Panic of 1907 as apocalyptic plagues upon the former Land of the Free. Her tell-all exposé published as a syndicated column titled “The Inside of Prohibition.” (link)

Luckily for America, we still had unsubsidized elections and the Liberal Party’s 1931 repeal plank was published in time for the Democrats to copy it into their 1932 platform. (link) After Republican asset forfeiture enforcement brought on a Great Depression and Hoover’s Moratorium on Brains helped Hitler gain power in Germany, that wet plank walloped God’s Own Prohibitionists right out of the ballpark for the next five elections. (link)

Get the complete story in Prohibition and The Crash on Amazon Kindle in two languages. After this you’ll be able to explain to economists exactly how fanaticism and loss of freedom wrecked the U.S. economy.

ProhicrashAmazon

Prohibition and The Crash, on Amazon Kindle

I also produce books and articles in Portuguese, using Brazilian historical sources at http://www.expatriotas.blogspot.com or amigra.us

Biden-Reagan crash, 1987-88

Senator Bob Dole, a “Just Say No” groupie, placed on the 9/26/1986 agenda S.AMDT.3034, to strengthen the laws against illegal drugs, and for other purposes. This was another Wesley Livsey Jones 5&10 law of 90 years ago, adding Gestapo tactics and looting to existing prohibition laws. These repeat events occurred 33 years ago.

Opinions and Social Pressure, Asch, 1955

The prohibitionist bandwagon effect, 1989 news ad

Senator Biden insisted on S.AMDT.3092 tweaking Dole’s meddling. A year later the Omnibus Drug Enforcement, Education, and Control Act of 1986 hit the political arena, the market crashed and Biden on October 21, 1987 put the Federal Criminal Fines and Sentencing Act on the calendar, which eventually mutated and passed as the entire economy collapsed. Why not look at that law? Mandatory minimums, asset forfeiture, the whole recipe for a Great Depression, papered over with paper money, is in there.

Now that the same geriatric asset-forfeiture prohibitionist is gearing up for another run at the White House, what happens when you search for the text of his economy-wrecking piece of weaponized legislation?

Text: H.R.5210 — 100th Congress (1987-1988)
All Information (Except Text)

Digital text is not available. Print format documents may be available at a federal depository library, or contact us for assistance.

This sort of strategy was outlined in Orwell’s 1984:

How could you make appeal to the future when not a trace of you, not even an anonymous word scribbled on a piece of paper, could physically survive?

Similar slits existed in thousands or tens of thousands throughout the building, not only in every room but at short intervals in every corridor. For some reason they were nicknamed memory holes. When one knew that any document was due for destruction, or even when one saw a scrap of waste paper lying about, it was an automatic action to lift the flap of the nearest memory hole and drop it in, whereupon it would be whirled away on a current of warm air to the enormous furnaces which were hidden somewhere in the recesses of the building. As soon as all the corrections which happened to be necessary in any particular number of The Times had been assembled and collated, that number would be reprinted, the original copy destroyed, and the corrected copy placed on the files in its stead.

Persistence leads to a mutilated scan sprinkled with plausibly deniable typos. (link)

There you will find the Department of Justice Assets Forfeiture Fund, which looting funds the “compromise and payment of valid liens and mortgages against property that has been forfeited.” This practice led to the 2007-8 subprime mortgage-backed securities crash as unreported thousands of homes were seized and then dumped by kleptocracy looters with service pistols. For $38 you can see just how heavily redacted is the asset-forfeiture information on these confiscations from 1988 to 1992. (link)

Looters will be Looters

Looters with guns and uniforms… Death Sentence!

The causes of the Flash Crashes of 2010 and 2015 are in there too, as “financial investigative programs that target the identification of money laundering operations and assets obtained through illegal drug trafficking…” Both the Democratic and Republican parties created this mess, as on the night of January 16th, 1920, and the crashes of 1920, 1929, 1987, 2010 and 2015 were the direct result, along with all the financial losses, impairment of retirement savings and pension funds, unemployment, currency inflation, terrorism brought on by deadly meddling overseas.

The resulting dilapidation of U.S. infrastructure and erosion of our foreign goodwill and image abroad is the result of these cruel and superstitious laws created at the behest of mystical bigotry backed by pseudoscientific perjury and data-tampering. Stock values fell 34% in 2008 because George Waffen Bush funded faith based fanatics and unleashed them with a license to loot. (link) (link)

Why not delve into the failure of Prohibitionism that caused the 1929 Crash? Prohibition and The Crash–Cause and Effect in 1929 does exactly that, matching newspaper accounts against stock market reactions and competing theories. It is live on Amazon Kindle for the price of a pint.

My other-language blog is amigra.us

 

Sullum’s Drug Debate

Hippies, Blacks, Mexicans--murder them all!

Killing is the whole point of sending men with guns to kick down doors, fire on vessels and riddle automobiles with bullet-holes!

Watching Nick Sarwark get bushwhacked by the debating tactics of a libertarian-impersonating anarchist made for a sense of foreboding over Jacob Sullum debating a prohibitionist. The opening argument–that violent narcs murder and maim people–could have been copied from the 46-year-old news clipping above. (link) Sullum recited almost identical stories of brutal mayhem against bystanders and even brought up the deliberate mass-poisoning of populations by adding wood alcohol to ethanol–of which practice God’s Own Prohibitionist (a novelist and pseudoscience hack) feigned ignorance, even surprise. Continue reading

Road to Crashdom

Law Bites Lawmaker!

Prohibitionist hypocrisy original article (link)

The Providence Evening Tribune also reported such amusing fare as Law Bites Lawmaker, above. This is a lot like today’s news, where a California global-warming activist politician resigns for slipping on the no-drug-orgies-with-interns rule that she herself voted in.

With eerie familiarity the same page tells of the unending reparations and war loans soap opera (link), nicknamed the League of Debtors (link), and of Syrian moslems exterminating Jews (link). Zeppelins now strike us as unusual, and 1929 constitutional debates were not over guns, which everyone freely owned, but whether the 18th Amendment could prohibit Stand-Your-Ground home brew for household consumption. Dry agents murdering motorists, homeowners and boaters were an almost daily occurrence. (link)

Our parents and grandparents couldn’t legally get beer, just as we are mostly prohibited from having plant leaves and guns. Government bureaucracies deliberately poisoned safe beverages with methanol–causing permanent blindness. As alcohol was driven underground it was quickly replaced by German heroin. As relatively safe drugs are banned today, fentanyl is replacing bulkier painkillers just as easily-concealable Everclear replaced beer in 1929, and FDR replaced Herbert Hoover in 1933.

Oddly, but not coincidentally, asset-forfeiture rampages by religious zealots with guns caused financial upheavals and banking problems in both eras.  The illegal economy and stock market dividends were untaxed before 1927. Then, as of March 2, 1929, economic instability set in, increasing in oscillations.

Fast-forward to September 15, 1986, when a similar phenomenon set in, worsening abruptly on May 5, 1987, and tilting into an accelerating stock crash on September 16, much as in 1929.

When in June 2007 the mortgage-based derivatives market reacted like a punctured balloon, nobody mentioned the Financial Action Task Force report on Money Laundering through the Real Estate Sector and Laundering the Proceeds of Illegal Narcotics Trafficking. Just as pointedly did they ignore the March 7, 2006 Bush Jr. E.O. on the WHOFBCI and the Federal Equitable Sharing Fund set up in April of 2008. This was the green light for prohibitionism as an excuse for robbing money and property without so much as an accusation, much less a conviction of the victim.

The neighborhood effects from prohibitionist asset plundering were quickly noticed when Barack Obama got 365 electoral votes in November, and when Bush Jr a week later announced:

Well, I have obviously made a decision to make sure the economy doesn’t collapse. I’ve abandoned free market principles to save the free market system. I think when people review what’s taken place in the last six months, uh, and put it all in one, in one, (sigh), you know, in one package, they’re realize how significantly we have moved. (link)

You do see the video, right? It’s not down a memory hole or anything like that, right?

Why not delve into the failure of Prohibitionism that caused the 1929 Crash? Prohibition and The Crash–Cause and Effect in 1929 does exactly that, matching newspaper accounts against stock market reactions and competing theories. It is live on Amazon Kindle for the price of a pint.

Prohibition and The Crash, on Amazon Kindle in 2 languages

My other-language blog is amigra.us