In what is now being dubbed one of the most incoherent and nonsensical statements to be made by a politician in recent days concerning the "drug war", U.S. Secretary of State Hillary Clinton recently told Mexican reporters that drugs like marijuana can never be legalized because "there is just too much money in it." Displaying a complete lack of understanding concerning basic economics and simple common sense, Clinton foolishly tried to claim that legalization would benefit criminal drug lords, despite the fact that simple supply and demand proves otherwise....
On the contrary, legalization would actually drive down drug prices, which would in turn be a disincentive to drug lords to continue selling as they currently do. Instead of all the violence and corruption that currently takes place in the "black market" of drug dealing, legal dealers would have little reason to resort to such actions in normal market settings.....One only needs to look at Alcohol probation to see the results....Gangs that still exists almost 100 years later were formed from the Alcohol black market...They have gone on into OTHER black market activities....but there is no longer BIG money in Alcohol that attracts thugs....
Economist have known this for 1,000 years and many, many have spoken out but few have been heard....
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