Drug decriminalization policy pays off.

Next month, Californians will vote on Proposition 19, a measure to legalize marijuana. Because no state has ever taken such a step, voters are being subjected to a stream of fear-mongering assertions, unaccompanied by evidence, about what is likely to happen if drug prohibition is repealed.Link

Ron Paul, Barney Frank and 55 others.

Later today, Rep. Barney Frank, Rep. Ron Paul and 55 congressional co-signers are sending a letter to the National Commission on Fiscal Responsibility and Reform advocating defense cuts. The letter is good not just on cuts, but on theory: It's as much about where we can save money as why we don't need to spend the money. Here's the core of it, with my emphases.Link

'12 Run Depends On Fall Of U.S. Dollar.

Texas Rep. Ron Paul (R) told reporters Saturday that the bulk of the economic crisis is yet to come, and that a White House '12 bid largely hinges on his anticipated fall of the U.S. dollar. Prior to appearing before the Virginia Tea Party Patriots Convention in Richmond, Paul called a complete implosion of the U.S. currency system "95% likely... [because] right now the whole world is racing to beat their currencies because they think it's going to help trade...But let me tell you, if the bombs started to fall on Iran, hold your hat, because that would be, I believe, the end of our dollar system. And we would have a real skirmish to find out what we're going to replace this government with."Link