Skip to content
Andrew Tobias
Andrew Tobias

Money and Other Subjects

  • Home
  • Books
  • Videos
  • Bio
  • Archives
  • Links
  • Me-Mail
Andrew Tobias
Andrew Tobias

Money and Other Subjects

Before You Inhale

October 8, 2003January 22, 2017

The Harken Oil insider trading I wrote about Monday is hardly new. But back in 2000, few cared. Just as they didn’t care whether or not the candidate had been a coke head in his early years. (He refused to say, which led some to assume there was probably a reason he refused to say.) I don’t care what Bush did in his twenties and thirties, either – except to the extent that others who may have done no more are in prison today. Indeed, nearly three-quarters of a million Americans were arrested for marijuana last year – 89% for simple possession. (To see the penalties in your state, click here. In Florida, possession of 20 grams of marijuana – less than an ounce – is a felony that, according to NORML, carries a mandatory 5-year prison sentence.)

Meanwhile, did you see the 60 Minutes story on Tulia, Texas, a couple of weeks ago (September 28)? Thirteen percent of the town’s adult African-American population was imprisoned for alleged cocaine trafficking . . . in amounts like $160 . . . on the basis of totally uncorroborated testimony of a single undercover agent now under investigation himself.

The good news is that those who could prove they were not where the agent swore they were when they allegedly sold him cocaine were not imprisoned. And the rest of these $160 imagined drug lords, sentenced to an average of 20 years apiece, were all recently released after just three-and-a-half years. (“Never mind.”)

For one account, which leaves off just shy of their release, click here. And for more, here.

Post navigation

← Agreeing on The Legacy
What Have These Real Estate Prices Been Smoking? →

Quote of the Day

"To some, the glass is half full. To others, half empty. To an engineer, it's twice the size it needs to be."

unattributed

Subscribe

 Advice

The Only Investment Guide You'll Ever Need

"So full of tips and angles that only a booby or a billionaire could not benefit." -- The New York Times

Help

MYM Emergency?

Too Much Junk?

Tax Questions?

Ask Less

Recent Posts

  • Handing the Mic to David Corn

    February 8, 2026
  • Take Heart - 3

    February 6, 2026
  • Another Reason He's Skipping The Super Bowl

    February 5, 2026
  • Take Heart! (Part 2)

    February 5, 2026
  • Take Heart!

    February 2, 2026
  • Sunday Tidbits

    February 1, 2026
  • Minnesota: Fort Sumter In Reverse

    January 31, 2026
  • Republican Senators, Take Note

    January 30, 2026
  • Leaving MAGA -- Part II

    January 29, 2026
  • Moses And Jesus

    January 28, 2026
Andrew Tobias Books
  • Facebook
  • Twitter
©2026 Andrew Tobias - All Rights Reserved | Website: Whirled Pixels | Author Photo: Tony Adams