Peter Reynolds

The life and times of Peter Reynolds

Archive for the ‘Business’ Category

“War On Drugs Has Failed, Say Former Heads Of MI5, CPS And BBC”, The Daily Telegraph, 21st March 2011

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The “war on drugs” has failed and should be abandoned in favour of evidence-based policies that treat addiction as a health problem, according to prominent public figures including former heads of MI5 and the Crown Prosecution Service.

Drug availability and use has increased with up to 250 million people worldwide using narcotics such as cannabis, cocaine and heroin

Leading peers – including prominent Tories – say that despite governments worldwide drawing up tough laws against dealers and users over the past 50 years, illegal drugs have become more accessible.

Vast amounts of money have been wasted on unsuccessful crackdowns, while criminals have made fortunes importing drugs into this country.

The increasing use of the most harmful drugs such as heroin has also led to “enormous health problems”, according to the group.

The MPs and members of the House of Lords, who have formed a new All-Party Parliamentary Group on Drug Policy Reform, are calling for new policies to be drawn up on the basis of scientific evidence.

It could lead to calls for the British government to decriminalise drugs, or at least for the police and Crown Prosecution Service not to jail people for possession of small amounts of banned substances.

Their intervention could receive a sympathetic audience in Whitehall, where ministers and civil servants are trying to cut the numbers and cost of the prison population. The Justice Secretary, Ken Clarke, has already announced plans to help offenders kick drug habits rather than keeping them behind bars.

The former Labour government changed its mind repeatedly on the risks posed by cannabis use and was criticised for sacking its chief drug adviser, Prof David Nutt, when he claimed that ecstasy and LSD were less dangerous than alcohol.

The chairman of the new group, Baroness Meacher – who is also chairman of an NHS trust – told The Daily Telegraph: “Criminalising drug users has been an expensive catastrophe for individuals and communities.

“In the UK the time has come for a review of our 1971 Misuse of Drugs Act. I call on our Government to heed the advice of the UN Office on Drugs and Crime that drug addiction should be recognised as a health problem and not punished.

“We have the example of other countries to follow. The best is Portugal which has decriminalised drug use for 10 years. Portugal still has one of the lowest drug addiction rates in Europe, the trend of young people’s drug addiction is falling in Portugal against an upward trend in the surrounding countries, and the Portuguese prison population has fallen over time.”

Lord Lawson, who was Chancellor of the Exchequer between 1983 and 1989, said: “I have no doubt that the present policy is a disaster.

“This is an important issue, which I have thought about for many years. But I still don’t know what the right answer is – I have joined the APPG in the hope that it may help us to find the right answer.”

Other high-profile figures in the group include Baroness Manningham-Buller, who served as Director General of MI5, the security service, between 2002 and 2007; Lord Birt, the former Director-General of the BBC who went on to become a “blue-sky thinker” for Tony Blair; Lord Macdonald of River Glaven, until recently the Director of Public Prosecutions; and Lord Walton of Detchant, a former president of the British Medical Association and the General Medical Council.

Current MPs on the group include Peter Bottomley, who served as a junior minister under Margaret Thatcher; Mike Weatherley, the newly elected Tory MP for Hove and Portslade; and Julian Huppert, the Liberal Democrat MP for Cambridge.

The group’s formation coincides with the 50th anniversary of the United Nations Single Convention on Narcotic Drugs, which paved the way for a war on drugs by describing addiction as a “serious evil”, attempting to limit production for medicinal and scientific uses only, and coordinating international action against traffickers.

The peers and MPs say that despite governments “pouring vast resources” into the attempt to control drug markets, availability and use has increased, with up to 250 million people worldwide using narcotics such as cannabis, cocaine and heroin in 2008.

By Martin Beckford, Health Correspondent

They believe the trade in illegal drugs makes more than £200 billion a year for criminals and terrorists, as well as destabilising entire nations such as Afghanistan and Mexico.

As a result, the all-party group is working with the Beckley Foundation, a charitable trust, to review current policies and scientific evidence in order to draw up proposed new ways to deal with the problem.

STOP THIEF! £6.5 Million Banker Robber

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Scumbag

Barclays Bank is to pay its chief executive a £6.5 million bonus.  See here.

The putrid, toady scumbag Bob Diamond is the worst banker robber of them all. This man (and I use the term loosely) is a dishonest, lying, conniving, scheming, fraudster, thief and conman.  He takes the food out of children’s mouths and robs old people of their savings. He destroys people’s lives, throws innocent victims of his crimes out of their houses onto the streets.  He is the embodiment of everything that is bad and evil and worthless in our society.  His greed, selfishness, deceit, mendacity and arrogance knows no bounds.

Barclays Bank is an immoral instituition that causes great harm.  It should be dismantled and permanently proscribed.  All its directors and senior executives should be banned for life from being involved in the management of any business.  Their assets, including pension funds should be sequestered.  They should all face criminal bankruptcy and stand trial on charges of conspiracy, fraud and theft.   Once Diamond has served his sentence he should be deported and banned from ever entering this country again.

Written by Peter Reynolds

March 7, 2011 at 11:11 am

STOP THIEVES! £9 Million Banker Robbers

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£9 Million Getaway By Gulliver And Geoghegan

HSBC’s new chief executive Stuart Gulliver has been awarded a £5.2 million bonus for 2010 on top of his £1 million salary.  His predecessor, Michael Geoghegan, gets a £3.8 million bonus on top of a £2 million salary.

It will be little comfort to the taxpayers of Britain that Douglas Flint, HSBC’s chairman,  said the group would “not forget” the financial crisis and support from governments around the world, and that they entered 2011 “with humility”.   These are crocodile tears of the most insincere and deceitful kind.

The only reason that HSBC has been able to make these enormous profits and that these two banker robbers have stolen such obscene bonuses, is that taxpayers have guaranteed their sordid, dishonest and destructive businesses.  More fool us.

Written by Peter Reynolds

March 1, 2011 at 3:13 pm

STOP THIEF! £1.45 Million Banker Robber.

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An Easy Life For Eric

Lloyds Bank, 41% owned by you and me, is doling out a £1.45 million bonus to fat cat Eric Daniels.

True, he’s not quite as corpulent as his fellow banker robber, Stephen Hester of RBS, but then I don’t think either of them will be going hungry anytime soon – unlike the millions who they rip off and exploit every day.

He’s retiring next month.  I expect his senior years promise much more comfort and joy than other pensioners have to look forward to.

Daniels said he was “highly satisfied”.

 

Written by Peter Reynolds

February 25, 2011 at 1:32 pm

STOP THIEF! £2 Million Banker Robber.

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Highwayman Hester

RBS, 83% owned by you and me, lost £1.13 billion last year.  Stephen Hester is getting a £2 million bonus – all in shares – with his salary frozen at a paltry £1.2 million.

It’s an inside job.  Cameron, Dr Cable and the poodle all have their hand in this.  A stitch up.

I wonder what BBC DG Mark Thompson’s bonus will be this year and how easily Uncle Rupert will subvert his way into total British media domination?

This is the oligarchy, cooking its books, flexing its muscles at your and my expense.

Written by Peter Reynolds

February 24, 2011 at 10:15 pm

New LCA

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I take on the leadership of the LCA as a serious responsibility.  I shall do my best to represent the interests of the six million regular users of cannabis in Britain.  The government should now move urgently to permit the medicinal use of cannabis. It is not only unjust to deny such relief to those in suffering, it is deeply cruel.  Ministers should be ashamed at their treatment of the sick and disabled. I shall also be campaigning to bring the multi-billion pound cannabis market into a system of proper regulation where children and the vulnerable can be protected and quality and safety are assured.  Prohibition is a failed policy which causes far more harm than cannabis ever has.  It also deprives the nation of billions in tax revenue and in wasted law enforcement costs.

The Hemp Revolution

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Written by Peter Reynolds

February 21, 2011 at 8:48 am

The Union: The Business Behind Getting High

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Written by Peter Reynolds

February 20, 2011 at 6:34 pm

Emperor Of Hemp

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Written by Peter Reynolds

February 20, 2011 at 1:18 pm

In Pot We Trust

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Written by Peter Reynolds

February 20, 2011 at 7:48 am