Coast Guard Seizes 20 TONS Of Cocaine

[jpeyton]

Holy CRAP!

 

[AgaBoogaBoo]

Didn't someone just spill a ton (the amount, not figure of speech) from a truck last week? How are they messing up so badly?

 

[jpeyton]

Originally posted by: AgaBoogaBoo
Didn't someone just spill a ton (the amount, not figure of speech) from a truck last week? How are they messing up so badly?

Maybe they're just moving more product?

 

[IGBT]

..and if it wasen't for all you dopers they wouldn't be sending that crap over here. your the ones that want it.

 

[ch33zw1z]

Originally posted by: IGBT
..and if it wasen't for all you dopers they wouldn't be sending that crap over here. your the ones that want it.

lol

 

[Spineshank]

Im in the wrong business.

 

[Whoozyerdaddy]

That's nearly 18 million grams.

So... one weekend's worth at UCSD?

 

[wkabel23]

So this is basically another minor dent in the cocaine trade?

 

[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.

 

[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.

 

[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.

 

[ranmaniac]

I guess this is the bait the drug cartels worked out with the feds. The Feds let in x amount of drugs in exchange for the occassional big time bust for publicity.

 

[50cent1228]

mayn those coast guards are gonna have fun 2nite.....jus joking

 

[IceBergSLiM]

Originally posted by: ranmaniac
I guess this is the bait the drug cartels worked out with the feds. The Feds let in x amount of drugs in exchange for the occassional big time bust for publicity.

bingo.

 

[AMCRambler]

Thats alotta white!

 

[Farang]

"Street value" isn't really a good indicator because if this stuff is pure, that doubles its value. Most cocaine is cut with all kinds of crap by the time it is selling for $50/gram on the street.

 

[Atheus]

Originally posted by: IGBT
..and if it wasen't for all you dopers they wouldn't be sending that crap over here. your the ones that want it.

So why not just let us have it?

 

[Atheus]

Originally posted by: Farang
"Street value" isn't really a good indicator because if this stuff is pure, that doubles its value. Most cocaine is cut with all kinds of crap by the time it is selling for $50/gram on the street.

I'm sure they would have taken that into account.

 

[CKent]

Originally posted by: Farang
"Street value" isn't really a good indicator because if this stuff is pure, that doubles its value. Most cocaine is cut with all kinds of crap by the time it is selling for $50/gram on the street.

I'm sure they take that into account when giving their estimates. Most times they're way, way over the actual value.

 

[Farang]

Originally posted by: Atheus

Originally posted by: Farang
"Street value" isn't really a good indicator because if this stuff is pure, that doubles its value. Most cocaine is cut with all kinds of crap by the time it is selling for $50/gram on the street.

I'm sure they would have taken that into account.

That was more directed at people here trying to estimate its value. I doubt the government is very truthful in their estimate either.. let's just say it was a lot of cocaine.

 

[IceBergSLiM]

Originally posted by: Atheus

Originally posted by: Farang
"Street value" isn't really a good indicator because if this stuff is pure, that doubles its value. Most cocaine is cut with all kinds of crap by the time it is selling for $50/gram on the street.

I'm sure they would have taken that into account.

THey didn't. I don't know what calc they are using but uncut at @$50 a gram is 900 million.

 

[jhayx7]

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

 

[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.

 

[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?

 

[Alone]

The street value of drugs is often different depending on the area. It depends on what it would cost there.