Drugs & Prohibition

Anthony Gregory: States Thumb Their Noses at the Drug War

"Since California legalized medical pot in 1996, drug policy developments have put the lie to the federal government’s reputation as a bulwark of civil liberties, humanitarian rights, and rational policy. Whether Colorado and Washington outright defy the federal government—as the medical marijuana states have done—or Obama is forced to concede this ground, it is an embarrassment for national supremacy, the administration, and the DEA, and a triumph for the doctrine of nullification." Continue reading →

Continue ReadingAnthony Gregory: States Thumb Their Noses at the Drug War

Outrageous HSBC Settlement Proves the Drug War is a Joke

"If you're not an important cog in the global financial system, you can't get away with anything, not even simple possession. You will be jailed and whatever cash they find on you they'll seize on the spot, and convert into new cruisers or toys for your local SWAT team, which will be deployed to kick in the doors of houses where more such inessential economic cogs as you live. If you don't have a systemically important job, your assets may be used to finance your own political disenfranchisement. On the other hand, if you are an important person, and you work for a big international bank, you won't be prosecuted even if you launder nine billion dollars." Continue reading →

Continue ReadingOutrageous HSBC Settlement Proves the Drug War is a Joke

Ex-police officer pleads guilty in murder-for-hire scheme

"He was the ringleader of an 'elite' Special Operations Section that ransacked homes without warrants and shook down drug dealers for hundreds of thousands of dollars in cash. On Tuesday, former Chicago Police Officer Jerome Finnigan, wearing an orange jump suit and shackles, admitted to those crimes as well as to the most outrageous charge — that as an officer, he ordered a hit on another cop. But as part of his plea deal made public in federal court on Tuesday, Finnigan pleaded guilty only to the murder-for-hire charge and to a tax charge; an agreement where he would see no more than 13 years in prison for his crimes." Continue reading →

Continue ReadingEx-police officer pleads guilty in murder-for-hire scheme

HSBC to spend $700m vetting clients

"HSBC will spend $700m on a global 'know your customer' programme, as part of a 26-point plan agreed with US regulatorsto settle money laundering and sanctions breaches. The UK bank, which signed up to the A-Z programme of management changes covering both its US and global operations, reiterated apologies for its failure to prevent Mexican money launderers and countries subject to sanctions, including Iran, from using its network." Continue reading →

Continue ReadingHSBC to spend $700m vetting clients

FBI is investigating former Utah trooper Lisa Steed

"The FBI is investigating former Utah Highway Patrol Cpl. Lisa Steed for civil rights violations, an attorney said Sunday. Michael Studebaker said 10 of his clients recently spoke to FBI agents. He said his clients have not been asked to speak to a grand jury. Steed has been accused of arresting people for DUI who were sober. Two judges have found Steed lied on the witness stand." Continue reading →

Continue ReadingFBI is investigating former Utah trooper Lisa Steed

Four Texas police officers charged with escorting loads of narcotics for pay

"Two deputies and two police officers in the Hidalgo County, Texas area have been charged with protecting drug smugglers’ shipments of narcotics through the area. According to a Dec. 13 statement from the U.S. Attorney’s Office in the Southern District of Texas, two of the officers are with the Hidalgo County Sheriff’s Office (HCSO) and two are with Mission Police Department (MPD) officers. Reportedly the men allegedly used their positions to get thousands of dollars for facilitating and protecting drug shipments. Two of the men are also reportedly the sons of high-ranking local police officials in the area in south Texas, west of Brownesville." Continue reading →

Continue ReadingFour Texas police officers charged with escorting loads of narcotics for pay

Chicago cop whose home was raided is awarded $565,000 in damages

"When Chicago police broke into his Austin home with guns drawn and a search warrant, Markee Cooper Sr., a cop himself, and his family could only look on as drawers and closets were searched for crack cocaine based on an alleged informant's tip. On Friday, a federal jury awarded Cooper and his family $565,000 in damages after finding one officer at fault for a falsified warrant and two others responsible for the illegal 2007 search. Their two young sons, Markee Jr., 13, and Zion, 8, were traumatized at seeing their father confront a roomful of cops with guns before kneeling to the living room floor and handing over his badge and weapon." Continue reading →

Continue ReadingChicago cop whose home was raided is awarded $565,000 in damages

Two women sue Texas Troopers for illegal roadside cavity search

"A federal lawsuit filed by two Irving women claims that Texas State Troopers humiliated them by performing illegal cavity searches on the side of the road after a cigarette butt was thrown out of their car window. Dashcam video shows Helleson searching the anuses and vaginas of both women with the same latex gloves in full view of other passing cars. And then the trooper performed the same procedure on Ashley Dobbs without changing gloves." Continue reading →

Continue ReadingTwo women sue Texas Troopers for illegal roadside cavity search

The HSBC Debacle – A Double Whammy Of Political Risk And Hypocrisy

"Where does all of this money in fines go? The booty goes to the Federal Reserve (which probably gives it back to these big foreign banks anyways through stealth bailouts), the Justice Department, and other federal agencies. I struggle to think of another country besides the US that could successfully impose such obscene fines for similar reasons – that is because there are no meaningful comparisons. It may be easier to see the political risk in this if it is put in another perspective. Imagine if China imposed a 13 billion yuan (~$2 billion) fine on JPMorgan for doing business that somehow involved Taiwan, a country Beijing considers a 'rogue state.'" Continue reading →

Continue ReadingThe HSBC Debacle – A Double Whammy Of Political Risk And Hypocrisy

Canada to privatize its medical marijuana industry, ban personal growing

"Canada’s Conservative government will soon stop producing and distributing medical marijuana, leaving it up to the private sector in a policy change that angered critics on Monday. Health Minister Leona Aglukkaq said Ottawa would no longer produce and distribute marijuana for medical purposes. Instead, companies will be licenced to grow and sell the product at market rates. Patients with a prescription from a doctor starting in March 2013 will be allowed to purchase a variety of strains of marijuana from licensed producers, who will set prices. Also individuals will no longer be permitted to grow marijuana in their homes for their own personal use." Continue reading →

Continue ReadingCanada to privatize its medical marijuana industry, ban personal growing