Saturday, August 14, 2010
8 Shot Outside Buffalo Restaurant; 4 Dead
Obama: the Job is Not Done in the Gulf
The Marijuana Policy Tipping Point: A conversation with author Christopher Fichtner, M.D.
Christopher Fichtner is a psychiatrist and the former mental health director for the state of Illinois. In his new book, Cannabinomics: The Marijuana Policy Tipping Point http://www.cannabinomics.com , Fichtner predicts that marijuana policy is about to change radically. As Fichtner points out, three public policy trajectories converging. The medical marijuana movement is gaining momentum. People are increasingly waking up to the fact that drug prohibition creates more public health problems than it solves. And, in the same way that the Great Depression caused people to reprioritize how we spend our public dollars, the current economic crisis has got people thinking that bringing the biggest cash crop in the US out into the open might not be such a bad idea.
Reason.tv's Paul Feine sat down with Dr. Fichtner to learn more about the imminent marijuana policy tipping point.
Mexican Gangs Terrorizing American Cities
Mexico debates legalizing Marijuana
The discussion comes as violence from competing drug cartels in the country continues to spiral out of control, claiming thousands of lives every year.
Felipe Calderon, Mexico's president, has said he is firmly against the legalization, arguing that it would only create "millions" of more drug addicts.
But Vicente Fox, the country's former president and member of Calderon's conservative National Action Party, has urged the government to legalize drugs in order to "break the economic structure that allows gangs to generate huge profits in their trade, which feeds corruption and increases their areas of power".
"We should consider legalizing the production, distribution and sale of drugs" because "radical prohibition strategies have never worked," he explained.
Al Jazeera's Franc Contreras reports from Mexico City, the capital.
[August 13., 2010]
MARC FABER NEWS
Moneycontrol.com | Dr. Doom? Marc Faber Sees Stock Buying Opportunity CNBC.com The dean of doom, Marc Faber, told CNBC on Tuesday that a variety of asset classes—including equities—may be worth buying for short-term gains. In the midst of market volatility on concerns over Federal Reserve tapering, he said, "Treasury bonds ... Marc Faber Marc Faber aka Dr. Doom: S&P 500 Index Could Fall 20% To 30% Easily Dr Doom warns stocks are oversold but S&P readies for another drop |
Marc Faber Forecasts 30% Stock Market Crash, Says Buy Gold The Market Oracle The Fed's 'tapering' comments have ramped up market volatilaty and Faber gives some advice for short and long-term strategies. For example: ""The best course of action is to actually not buy anything, but rather to reduce positions on a rebound," Faber ... |
Marc Faber: Bull in the short term, bear in the long term MarketWatch (blog) ... so perhaps it's best left to someone who has historically said “sell.” Marc Faber, author of the ”The Gloom, Boom & Doom Report,” and often called “Dr. Doom” because of his bearish sentiment, says there are buying opportunities — at least in the ... |
Business Insider | Marc Faber: Gold a possible canary in the deflation coalmine MarketWatch (blog) Here's what Marc Faber, editor of Gloom Boom Doom report told MarketWatch in an email. “Maybe gold is signaling a deflationary collapse of all asset prices. If this were indeed the case I suppose I would rather own gold than government bonds, high ... MARC FABER: The Way Things Are Going, Bernanke Will Have To Give Us 96 ... "Incredibly Bad Sentiment" Makes Gold & Bonds a Buy Says Marc Faber, as All ... “Sentiment on Gold and Bonds Incredibly Negative” – Marc Faber Predicts ... |
Marc Faber Sees Further Downside CNBC.com China's factory output weakened to a 9-month low today, and financials saw a huge sell-off today, with the FM traders; and The Gloom, Boom and Doom Report's Marc Faber, shares his economic outlook. There's plenty of room for the stock market to decline ... Marc Faber: More S&P downside, commodities 'horrible'…except gold |
Marc Faber says 'thanks' to Bernanke MarketWatch (blog) [An earlier version of this blog mistakenly attributed the comments to Marc Faber's blog. The original comments were made in an interview with Barron's on June 1. The comments were picked up Tuesday in a tracking blog that aggregates Faber's public ... |
Dr. Doom Marc Faber: Don't Bet on New Market Highs CNBC.com Faber said large cap stocks like McDonald's, Coca-Cola, Procter & Gamble and Wal-Mart "have most likely peaked." However, he thinks there are still stocks that show strength that could continue to appreciate "because all the money flows into fewer and ... |
Marc Faber Is Glad He Owned Stocks, Even As He Warned Everyone Of Stock ... Business Insider "People with assets are all doomed, because prices are grossly inflated globally for stocks, bonds, and collectibles," says the investment advisor in a new interview published in this week's Barron's. But Faber is the first to admit that at least the ... |
Marc Faber notes liquidity squeeze depressing stocks but still buying gold Gold Seek Famously contrarian in his approach, Dr. Faber is usually out of step with Wall Street but has an excellent reputation for calling the major market turns. He does not say he is shorting equities, though he notes emerging market equities and currencies ... |
Cheerful Thoughts from Marc Faber BullionVault SWISS-BORN Marc Faber, who at age 24 earned his PhD. in economics magna cum laude from the University of Zurich, has lived in Hong Kong nearly 40 years. He worked in New York, Zurich and Hong Kong for White Weld & Co., an investment bank ... |