Coast Guard Seizes 20 TONS Of Cocaine

[IceBergSLiM]

Originally posted by: ebaycj

Originally posted by: IcebergSlim

Originally posted by: CKent

Originally posted by: IcebergSlim
They are a little off by there count. I'm only calculating 363 million at 20k per kilo.

edit:

funny part is 1000 tons made it through without a problem.

They go by the final street value and generally mark it up to as much as they possibly can. The better they seem to be doing, the more federal funding they get. The war on drugs is really no more than a job gravy train for the DEA & Coast Guard.

@ $50 a gram it comes out to 900 million. I want to know their formula.

$600,000,000 / 18,143,694.8 grams = Obviously $33.06 per gram.

Thats not retail or wholesale. Are they pulling $33 out of their asses?

 

[jhayx7]

Originally posted by: silverpig

The armed Coast Guard cutter Sherman stopped the Panamanian cargo ship Gatun about 20 miles off a Panamanian island on March 17.

Uh, what's a US Coast Guard cutter doing patroling the waters of Panama?

International Waters. We are the international police.... haven't you watched the news??

 

[AgaBoogaBoo]

Originally posted by: jhayx7
I wish they would list the value of the coke in terms of how much it costs to produce instead of street value.

Why? Opportunity cost is what matters. Value is determined by the economy, supply and demand, not production.

 

[IceBergSLiM]

Originally posted by: jhayx7
I wish they would list the value of the coke in terms of how much it costs to produce instead of street value.

I'd compare it to the cost of growing and harvesting corn in nebraska. probably less because its a 3rd world country.

 

[silverpig]

Originally posted by: jhayx7

Originally posted by: silverpig

The armed Coast Guard cutter Sherman stopped the Panamanian cargo ship Gatun about 20 miles off a Panamanian island on March 17.

Uh, what's a US Coast Guard cutter doing patroling the waters of Panama?

International Waters. We are the international police.... haven't you watched the news??

But I thought that was the point of being in international waters...

 

[jhayx7]

Originally posted by: AgaBoogaBoo

Originally posted by: jhayx7
I wish they would list the value of the coke in terms of how much it costs to produce instead of street value.

Why? Opportunity cost is what matters. Value is determined by the economy, supply and demand, not production.

Because, that way it would show people how cheap it is to produce coke. Busts like these are nothing to the producers, the middle-men get screwed but the big guys could care less.

 

[IceBergSLiM]

Originally posted by: jhayx7

Originally posted by: AgaBoogaBoo

Originally posted by: jhayx7
I wish they would list the value of the coke in terms of how much it costs to produce instead of street value.

Why? Opportunity cost is what matters. Value is determined by the economy, supply and demand, not production.

Because, that way it would show people how cheap it is to produce coke. Busts like these are nothing to the producers, the middle-men get screwed but the big guys could care less.

Yep its like the equivalent of mcdonalds having to shut down a restaurant. The McD's corp couldn't care less but it sucks for the franchise owner.

 

[toolboxolio]

Originally posted by: AgaBoogaBoo

Originally posted by: jhayx7
I wish they would list the value of the coke in terms of how much it costs to produce instead of street value.

Why? Opportunity cost is what matters. Value is determined by the economy, supply and demand, not production.

Exactly. Nobody wants to hear that an Enzo only costs 75k to produce. If they did, Ferrari would never make a profit.

 

[rudder]

damn... now what am I going to tell my crack whores when I dont have crack to give them?!