The Economist a more reputable source of information

and definitely better written has come out in support of legalizing drugs.

The stats, background, and historical perspective the magazine provides is truly a worthwhile read and the amount of sentences I underlined is truly astonishing.

The US spends $40 billion a year on drug reinforcement and yet as far as I can see it doesn't work except for catching Coolio's crack habit. (I remember that I read, I believe, in Rolling Stone magazine about 10 years ago how Coolio mentioned that he "cracked" his drug habit by being alone in the forest or some sort like that) Additionally, the incarceration of drug addicts creates a negative loop that prevents them from advancing in society and what would have happened if President Obama was caught in his early days? Like the concept of banruptcy where a man can start over, this should occur with drug users; many of whom are kids who really don't know better. An amusing side note is that having family support to some is like being locked up.

Fear shouldn't be the rule of the day, but understanding what is occurring in the world now! The black market is almost like an invisible government with money, guns, and organization and to some degrees is treated like gold is to monetary stability-not relevant. Lets face the fact that we can burden ourselves with a war that has gone on longer and killed more people than Iraq and Afghanistan and cost more money.

And getting back to fundamentals, the US was founded on tobacco growers. The constitution was written on hemp. If one is truly a value investor and understands what people want then buy fearlessly companies that sell an item that for at least a moment in a persons day, he is at peace with himself. Tobacco may be unhealthy but so is 1000:1 leveraged balance sheets which causes downfalls of governments, but where is the outrage?

I believe Altria is a play on the possible legalization though drug companies may be the winner as they will be able to tweak the drugs. Though Universal Corp would benefit as it is the provider of tobacco leaf and could easily set aside land for the cultivation of hemp.

So when the world wakes up: GOLD, NUCLEAR, TOBACCO will be the winners. Human nature doesn't change, but governments do.