“Forrest’s draconian sentence isn’t even serving to dissuade Silk Road-type competitors from continuing the same type of operation that Ulbricht was operating. Heck, Ulbricht’s competitors and new potential competitors might well be ecstatic that Forrest has removed Ulbricht as a competitor. What all too many federal officials, including federal judges, have is a notable lack of understanding about economic principles. Maybe that’s because economics is not taught in law school. If they had such an understanding, they would understand that the more they crack down in the drug war, the worse the problem becomes.”
http://fff.org/2015/06/04/wrong-message-ulbricht-case/
Related posts:
Jim Rogers: 'Run for the Hills' Now, I'm Doing It
Ron Paul: US Sanctions on Russia May Sink the Dollar
Just as Happened in Europe, the VAT Is Becoming a Money Machine for Big Government in Japan
A Bad Argument for Bombing Syria
Bill Bonner: $10,000 each in two suitcases
Glenn Greenwald: Why the CIA is smearing Edward Snowden after Paris
Michael Hastings: my friend and his enemies
From the IRS to the EPA?
3D printed guns are going to create big legal precedents
Abolish All Government Economic Data Collection
Jacob Hornberger: Cold War Fearmongering on Cuba and Korea
Bill Bonner: A New American Century?
About the Federal Reserve Police
Pepe Escobar: Dogs of war versus the emerging caravan
4 More Drones! Robot Attacks Are on Deck for Obama’s Next Term
