Thursday, May 31, 2012
Posted by The Meck at 11:41 PM
Stop Blindly Following a Failed Policy - Room for Debate - NYTimes.com - Otto Pérez Molina is the president of Guatemala. - In 1961 the international community signed a United Nations treaty that reflected an inter-governmental consensus on how to fight drugs all over the world. Basically, the consensus was the following: drug consumption is very damaging for human beings, and the best way for preventing this type of consumption is to prohibit the production, trafficking and use of drugs. Today, 51 years after reaching this consensus, something is pretty clear: drugs are prohibited but drugs continue to be consumed in quantities so large that the global market is calculated in hundreds of billions of dollars. In other words, the global consensus is far from being successful. Actually, I prefer to call it what it really is: a failure.
Posted by The Meck at 11:18 PM
Vandy coach: My assistants must have good-looking wives | ajc.com - Franklin later went on Twitter to say he was sorry. "My foot doesn't taste good," he wrote. "I hope I did not offend anyone ... attempt at humor obviously fell a few yds. short. ... I clearly used language that doesn't reflect my view on women and I am SORRY!" Franklin is in his second year as Vanderbilt's head coach.
Posted by The Meck at 8:42 PM
SEC: Taking on Big Firms is 'Tempting,' But We Prefer Picking on Little Guys | Matt Taibbi | Rolling Stone - If you want to see a perfect example of how completely broken our regulatory system is, look no further than a speech that Daniel Gallagher, one of the S.E.C.’s commissioners, recently gave in Denver, Colorado. It’s a speech whose full lunacy is hard to grasp without some background. It’s by now been well-established that the S.E.C.’s performance in policing Wall Street before, after, and during the crash has been comically inept. It would be putting it generously to say that the top cop on the financial services beat has demonstrated particular incompetence with regard to investigations of high-profile targets at powerhouse banks and financial companies. A less generous interpretation would be that the agency is simply too afraid, too unwilling, or too corrupt to take on the really dangerous animals in this particular jungle.
Posted by The Meck at 3:40 PM