The Real Gun Violence Issue
The Market Ticker - Commentary on The Capital Markets
Login or register to improve your experience
Main Navigation
Sarah's Resources You Should See
Full-Text Search & Archives
Leverage, the book
Legal Disclaimer

The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions. For investment, legal or other professional advice specific to your situation contact a licensed professional in your jurisdiction.

NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.

Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility; author(s) may have positions in securities or firms mentioned and have no duty to disclose same.

Market charts, when present, used with permission of TD Ameritrade/ThinkOrSwim Inc. Neither TD Ameritrade or ThinkOrSwim have reviewed, approved or disapproved any content herein.

The Market Ticker content may be sent unmodified to lawmakers via print or electronic means or excerpted online for non-commercial purposes provided full attribution is given and the original article source is linked to. Please contact Karl Denninger for reprint permission in other media, to republish full articles, or for any commercial use (which includes any site where advertising is displayed.)

Submissions or tips on matters of economic or political interest may be sent "over the transom" to The Editor at any time. To be considered for publication your submission must be complete (NOT a "pitch"; those get you blocked as a spammer), include full and correct contact information and be related to an economic or political matter of the day. All submissions become the property of The Market Ticker.

Considering sending spam? Read this first.

2014-05-05 08:45 by Karl Denninger
in Social Issues , 1944 references Ignore this thread
The Real Gun Violence Issue *

Take away the astroturf games like the so-called grassroots organization(s) that sprung up (by magic!) out of Newtown and you wind up with a truly ugly truth when it comes to gun violence in this country: Most of it is gang-related, most of the gangs are in our inner cities, and our President, along with the rest of the so-called "mainstream media", simply refuses to address any of it.

Take a recent shooting in Chicago.  The media pictures of both shooter and victim are radically inaccurate measured against their own social media postings.

The truth about that particular shooting?  The gun, originally claimed to be stolen, wasn't.  It instead passed through a number of hands, at least one of them on probation and a second person who allegedly took the weapon to the shooter knowing it was going to be used to commit violence, a 30ish old aunt who allegedly went for the show (seriously!) someone who unjammed the gun after it malfunctioned and gave it back to the girl who had just tried to murder the victim but the weapon failed to fire.

Nor is that all.  We have another case where a "cute little charter-school graduate" (as presented by the family and the media) appears to have a bunch of social-media postings of her bearing weapons of all sorts, including a rather-large revolver that looks right out of a Clint Eastwood movie and a pump-action shotgun.  Oh, and this angel apparently capped at least two people before being killed herself.  She was 17.

Are we ever going to address this instead of playing Astroturf games with kids who are drugged up on various psychotropic meds and then go insane -- a rare but obviously far-too-common event? 

Probably not.

Why not?

Because our Black President won't talk about it.  Our liberal media won't talk about it.  And we won't talk about it either, nor will we bring to the forefront the fact that we have essentially invented this problem out of whole cloth by generating a welfare and police state that empowers gangs by giving them the fuel (money) on which they rely.

And how did we do that?  We declared various self-destructive behaviors among and between consenting adults unlawful, generating an entire second economic system under the carpet that was then used to justify a "war" that we ourselves created and then declared. 

The result has not only been a monstrously-high prison population it has also been an explosion of violence, without which we would be far down the list when it comes to the abuse of guns and property crimes.

Instead of admitting our stupidity in this regard just as is the case with the medical industry and its monopolist scams in the general case we have instead grown an entire industry around arresting, prosecuting and imprisoning huge numbers of people, most of them minorities. 

What's worse is that we are also watching them murder each other with wild abandon, while we sit in our chairs and refuse to talk about the statistical facts.

Indeed, if you take out black-on-black homicide in the major cities from our so-called "blood-red streets" that Bloomberg and others claim as our emblem of "endemic gun violence" you find that a number shockingly approaching three quarters (that is, well more than half) of all gun murders disappear.  

There is a basic principle when it comes to solving problems in the general sense, and it applies here as with most issues: 80% of any particular problem is easy to solve, and reasonably cheap.  The last 20% is both expensive and hard.

But we won't talk about the 80% or how it gets generated.  We don't want to talk about the fact that we create these gangs by giving them an underground economy fueled by what appears to be an innate desire of man to addle his own mind, and which we can actually track back to the animal kingdom generally!  

In the early part of the 20th Century we allowed power-brokers who were trying to protect their own industries to play on now-documented racism and false claims when it came to various drugs, with the now-iconic Reefer Madness being one of the poster children for that era.  We banned alcohol sales and created, almost overnight, an entire criminal class that shot up our cities and reaped huge amounts of profit from the desire of people to simply have a drink. The Depression effectively forced the end of Prohibition, but only for booze.

Today we have the worst of both worlds.  On the corner about two miles from my home is a store that has more forms of a popular drug in it than would be necessary to kill platoons of men, yet I can buy and consume as much of it as I desire.  In the gas station and grocery store I can buy still other forms of the same drug, again, limited only by my wallet.

At the same time in the nearest big city (and probably in my "nice" small town) there is a thriving underground economy.  Police officers with whom I'm acquainted tell me of the crack houses they bust with crude labs that threaten to blow up entire buildings -- not through terrorist action but rather because the "chemists" inside don't know what they're doing or don't care because they're too stoned to be concerned with reasonable safety precautions.  The mind-altering substances they produce are addled with God-knows-what, the ingredient list likely driven by whatever is cheapest to get as a diluting agent so as to "stretch" what they're producing for sale.  Some percentage of those drugs, along with mass-produced quantities in Mexico and elsewhere, stream into our major cities where the trade in them generates huge profits and massive amounts of violence, all aimed at "protecting" the highly-profitable trade in same.

Have we ever asked if the people who get hooked on meth and similar monstrously-destructive drugs would use them absent this pipeline of illegal supply and coercive sales capacity?  If those people could walk into any pharmacy and simply buy whatever you wanted, having only to prove they're of adult age, being supplied not only their drug of choice but also a pamphlet describing exactly what was in the package were buying and its expected long and short-term effects, would they? Would they rob and mug people if the price of maintaining their addiction was one tenth of what it costs today via illegal routes of supply?

Or would they choose to try something else -- perhaps a bottle of liquor or a pack of 20 Class A joints?

I don't know and neither does anyone else, but what we do know is that plenty of people were addicted to opiates and other drugs before the "War on Drugs" was launched, and a very significant percentage of them were able to hold down jobs and lead reasonably-productive lives.  Oh sure, they eventually got sick and some died, but what we didn't have was 17 year old kids shooting each other over insults, real or imagined, trumped up by what amounts to a trade war within our own borders.

I understand why Obama, Rahm and Bloomberg don't want to entertain this debate.  If they were to do so with someone like me they'd be in a very tough spot, because I'd put facts and figures in front of them and the audience might conclude that we've created not only a prison industry and siphons off tens of billions of dollars, not only have we destroyed the earnings power of millions, most of them minorities with these same policies, but in addition we have a more than 50-year history that says we cannot win this war nor do we give a good damn about those who die as a consequence of our puerile and outrageous policy pronouncements in this area, most-especially the young people of color who are overwhelmingly both victim and perpetrator.

Indeed, some people might conclude that our President and the rest of the drug-warriors are in fact racists of the highest order in that they're complicit in the murder of far more black people in a single year than the KKK ever hung from trees through its entire sordid history.

This much I'm absolutely certain of -- our black community organizer-cum-President surely doesn't want to face his rank hypocrisy on this issue.

Nor, for that matter, do the rest of the so-called Progressives.

Go to responses (registration required to post)
 



 
No Comments Yet.....
Login Register Top Blog Top Blog Topics FAQ
Page 1 of 23  First123456789Last
Login Register Top Blog Top Blog Topics FAQ
Page 1 of 23  First123456789Last