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Thursday, August 26, 2010

Mexican Drug Money Flows Freely

“Despite unprecedented efforts to thwart the [drug] traffickers, U.S. and Mexican authorities are seizing no more than 1 percent of the cash, according to an analysis by The Washington Post based on figures provided by the two governments. The major Mexican drug organizations write that off as the cost of doing business — losing a percentage far smaller than the fees for an ordinary wire transfer or ATM withdrawal, Mexican and U.S. law enforcement officials said.” (Washington Post)

If the war on drugs didn’t pay so well, it would have been called off years ago.

FEE Timely Classic
“What the Drug Warriors Have Given Us” by Sheldon Richman