« I thought I smelled gas | Main | Legally, the poor get screwed »
August 30, 2004
Republican economics
Talking Points Memo: by Joshua Micah Marshall: August 29, 2004 - September 04, 2004 Archives
Leaving aside the slur on George Soros, Dennis Hastert doesn't seem to grasp the economics of the worldwide illegal drug trade. The drug cartel is against legalization, which would cut into profits. I quote Soros himself (from a Salon profile):
"I would establish a strictly controlled distribution network through which I would make most drugs, excluding the most dangerous ones like crack, legally available. Initially I would keep the prices low enough to destroy the drug trade. Once that objective was attained I would keep raising the prices, very much like the excise duty on cigarettes, but I would make an exception for registered addicts in order to discourage crime. I would use a portion of the income for prevention and treatment. And I would foster social opprobrium of drug use."
You know what I don't understand? How did the leaders of the supposedly pro-capitalist party become so ignorant of basic economic principles?
Oh, and calling Soros a front for the drug cartel is disgusting, but you knew that.
Posted by Mac Thomason at August 30, 2004 10:30 AM
Trackback Pings
TrackBack URL for this entry:
http://www.bravesbeat.com/mt-tb.cgi/6832
Listed below are links to weblogs that reference Republican economics:
» Dennis Hastert, Slime-Master and Enemy of Truth from Drug WarRant
These are the qualifications for Speaker of the House? There's some discussion of this at Talking Points Memo and Political Animal . [Read More]
Tracked on August 31, 2004 08:19 AM