Tuesday, May 01, 2007

RECORD COCAINE SEIZURE - GOOD NEWS OR BAD?

An AP report May 1 states that 27 tons of cocaine were found "buried along the Pacific coast." Question: does finding such a phenomenal buried treasure represent good news or bad news, and for whom? To those who view this report positively, one might ask: Is there any reason to believe it will have an impact on US cocaine demand and consumption - or even price? And/or could it be that this "record seizure" merely is testimony to the utter failure of America's decades-long war on production and export of Colombian cocaine - a war that has cost hundreds of billions of US taxpayer dollars?

2 Comments:

At 10:16 AM, Anonymous Anonymous said...

Years ago I read:

Zen in English Literature and Oriental Classics
by R. H. Blyth

One of the best and most fascinating books that I have ever read

The entire book is based on Hamlet's observation 'there is nothing
either good or bad, but thinking makes it so'

Blyth argues that this is the central truth of Zen and that this
central truth also pervades much of English Literature and Oriental
Classics

HAMLET
Denmark's a prison.

ROSENCRANTZ
Then is the world one.

HAMLET
A goodly one; in which there are many confines,
wards and dungeons, Denmark being one o' the worst.

ROSENCRANTZ
We think not so, my lord.

HAMLET
Why, then, 'tis none to you; for there is nothing
either good or bad, but thinking makes it so: to me
it is a prison.

Of course Blyth could only have been an English eccentric (as he indeed
was) and he was at home in numerous eastern and western languages

So 27 tons of cocaine found somewhere is neither good or bad

It will remain the world record until an even larger quantity is found
somewhere

17 tons of cocaine found in LA some years ago had little effect on the
market

Why?

Because the market is so huge?

After 100 kg heroin was found in Vancouver, prices - wait for it -
actually fell!

Why?

Because the speculators expected prices to rise and flooded the market
because they over estimated

The intellectual debate about the ineffectiveness of drug law
enforcement is over

It's now a matter of threading this through the political maze

 
At 10:17 AM, Anonymous Anonymous said...

You're right - there aint no good and no bad news. it is what it is, For the Colombian cops and govt out to impress bigbucks USA, it's good. For the folks who owned that buried treasure it's bad - but only a short-term business loss; they'll recoup all their losses before long. For the american cocaine user and the american public, it don't mean nothin'.

 

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