Senator Schumer explains the finer points of online illicit drug purchases in this NBC video report.
In a surprising public display of what NBC network execs thought would be a report designed to stop the sale of illegal drugs, Senator Charles Schumer today went on television in New York to publicize bitcoin.org as a way people make anonymous drug purchases. Unlike previous anonymous drug purchases which were made using cash, or Federal Reserve Notes as they are referred to by the Federal Reserve, the Senator gave a hands-on tutorial of the website known as SilkRoad, the preferred site for individuals who desire to keep their drug purchases anonymous and as convenient as CraigsList.com.
When asked about why the Senator would do such as thing, here’s what Dave of TradeWithDave.com had to say. “I’ve never used illegal drugs. I did smoke cigarettes in college, but I’ve never used a drug regularly except caffeine. I’m pretty sure caffeine is a drug. I think I know why the good Senator chose to give BitCoin.org literally a shot in arm with the major publicity that it needs to get higher in the public consciousness. He’s no dummy.
“Chuck, like many law enforcement officers, may realize that we’ve lost the war on drugs. He has most likely read books by authors such as Paul Butler’s Hip-Hop Theory of Justice. The Senator realizes that the entire judicial system is at risk of jury nullification taking over if the war on drugs continues in its current model of prison industrial complex for young black men accused of non-violent drug crimes especially in his home state of New York.
“What better way to attack the failure of the War On Drugs than to facilitate the more efficient distribution of products that exhibit similar characteristics as alcohol and tobacco than to promote an anonymous payment vehicle. I know first hand that we just built a $7 million detention center in my town that is mostly used to make money off of young uneducated black men who have been convicted of non-violent crimes in a neighboring community. There was a feature article in the local paper where one of the bureaucrats described the new prison as “an economic growth engine.” Can you believe that? Getting a job there for the local government workers is considered a gravy train.
“Obviously Senator Schumer wants to stop this out of control prison industrial complex and the so-called “drug courts” and court ordered methadone programs and the destruction they bring to the otherwise productive members of society. Putting these young men in prison has turned into a huge business for corrupt officials such as judges, attorneys, civil servants and even elected officials. With friends like Chuck Schumer, the drug lords won’t need any enemies.
“The senator understands what it means to be an adult and to be inside your own home engaging in non-violent behavior that doesn’t harm anyone else. He’s attacking the drug problem at its very root which is to attack the Columbian drug cartels by making it easier for anyone who chooses to engage in substance abuse to do it efficiently and at less personal cost, cost to society and less support to the cartels through the decline of prices through increased availability. It’s the Adam Smith version of laissez-faire narcotic economics,” Dave said.
Dave doesn’t promote drug use. Dave personally thinks it’s a bad idea. Dave also thinks it’s a bad idea for his local Library to put out the Sports Illustrated Swimsuit Issue on display at eye level (paid for with tax dollars) so that his eight year old son has to walk by it when we’re walking through the library. Anytime the government gets involved in any business it’s a bad idea. You want to waste time and money, put the government in charge of something. You want to destroy the lives of young people whose opportunities have been stolen from them with the exportation of their jobs and their wealth, then put the government in charge of business and your business ends up being the prison business in the U.S. and virtually imprisoned workers making Ipads in China. In our version they kill each other and in the Chinese version they kill themselves.
Thankfully a leading politician desires the limelight enough while lacking the sufficient enlightenment of how things work to stand up and accidentally bring attention to this issue. Mark my words. June 6, 2011 will go down in history as the day that bitcoin.org paddled up the Potomac River and landed on the shores of our nations capitol. The Federal Reserve has been accused of creating unnaturally low interest rates and pushing financial heroin onto our country. Well today, thanks to Chuck Schumer, that fiat currency will no longer be necessary to purchase real heroin and believe me the drug lords won’t be happy about this. Chuck… you’re my hero!
An equally adept community leader with a focus on law enforcement explains the hip-hop response to such complex challenges as the War on Drugs as he aims to do one thing… nip it in the bud.
Here’s another version of the same story from techdirt.com: http://www.techdirt.com/articles/20110605/22322814558/senator-schumer-says-bitcoin-is-money-laundering.shtml
Here’s more on nullification from Tom Woods: http://tradewithdave.com/?p=1259
For more on how Minnesota Senator Al Franken made a laughing stock out of our judiciary read this: http://tradewithdave.com/?p=980