Friday, October 5, 2012

The Tenth Amendment is Toilet Paper



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From: Energy and Capital <eac-eletter@angelnexus.com>
Date: Thu, Oct 4, 2012 at 9:09 PM
Subject: The Tenth Amendment is Toilet Paper




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The Tenth Amendment is Toilet Paper
By Jeff Siegel | Thursday, October 4th, 2012
Jeff Siegel
$793 per second.
$25 billion per year.
That's a lot of scratch that could do a world of good if it was put to good use... but since it's your tax dollars, rest assured it's being wasted.
Moreover, the spending of this $25 billion a year for 42 years now has resulted in:
  • an explosion in gang violence
  • prison overcrowding
  • a steady rise in civil and constitutional rights violations
And of course, an enormous social and economic burden that has now weighed on three generations of Americans.
But the worst part is there is little chance that this spending will stop any time soon.
In fact, while most of these useless bureaucrats in Washington huff and puff about deficit reduction and fiscal responsibility, they'll continue to turn a blind eye to one of the biggest boondoggles to ever come out this nation's capital...
It's called the war on drugs. And like it or not, you're already a casualty.
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It's Just a Piece of Paper
It was on October 27, 1970, when two things happened simultaneously: The war on drugs was officially declared and the Tenth Amendment of the U.S. Constitution was violated.
The Tenth Amendment declares that powers not delegated to the United States by the Constitution, nor prohibited by it to the states, are reserved to the states respectively, or to the people.
My friends, if the thugs in Washington adhered to the demands of this amendment, the drug war — which has now cost us more than $1 trillion — would never have happened.
But it doesn't matter to them. Because in Washington, the Bill of Rights is just a piece of paper.
The Tenth Amendment Center actually provides some great commentary about this:
By 1937 Franklin Roosevelt signed the Marijuana Tax Act into law, effectively banning marijuana at the federal level. All the major federal drug laws since then had no Constitutional basis, and all of them seemed to come with general expansion of federal power.
Just as Wilson's ban on heroin and regulation of cocaine came during the activist Progressive Era and marijuana prohibition was part of FDR's New Deal, the next major wave of federal drug law came in the 1960s, during the Great Society, and culminated in the 1970 Controlled Substances Act just as Nixon was continuing LBJ's policies of guns and butter.
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Siphoning Your Wealth
Of course, this was a long time ago.
But little has changed...
Both Bill Clinton and George W. Bush were aggressively hostile to medicinal marijuana facilities. And while President Obama told us that medical marijuana was an issue best left to state and local governments, his administration launched a major federal crackdown on medical marijuana facilities that has since left an estimated 730,000 law-abiding Americans without the very thing that has been prescribed by their doctors.
Some are incredibly sick or dying, and all are now providing a boom in business for drug cartels (which, by the way, your tax dollars are being used to fight — unsuccessfully).
So why am I writing about this in a letter designed to help your create and protect wealth?
Because this costly and ineffective war on drugs is siphoning your wealth.
Whether it's footing the bill to send federal troops into other countries to stop the flow of drugs, or funding the construction of new prisons that will house non-violent drug offenders who now make up about 25% of total prison populations...
You're being robbed by a government that has little respect for the Constitution — and even less respect for your right to life, liberty, and the pursuit of happiness.
As I wrote earlier this month, we are now in full preparation mode.
The government's agenda is not one that is honorable, nor is it one that's looking out for your best interests.
So be smart; don't let the bastards arrogantly trample your rights; and invest wisely.
Whether you're stockpiling seeds, soil, bullets and water... or loading up on gold, silver, oil and gas... now is not the time to ignore the urgency of securing your wealth and freedom.
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To a new way of life and a new generation of wealth...
Jeff Siegel Signature
Jeff Siegel

follow basic@JeffSiegel on Twitter
Jeff is the co-founder and managing editor of Green Chip Stocks, an independent investment research service focusing primarily on alternative energy and organic & natural food markets. He has been a featured guest on Fox, CNBC, and Bloomberg Asia, and is the author of the best-selling book, Investing in Renewable Energy: Making Money on Green Chip Stocks. For more on Jeff, go to his editor's page.
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