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The Future for Investors , which I reviewed last week , spends a lot of chapter space analyzing the most successful U.S. stock of the last 50 years: Philip Morris/Altria, with a near 20% total annual return for that entire period. br> -- Lawrence Henry /p> p> If the anti-smoking zealots put as much time and effort into fighting the war on drugs as they do on smokers, the drug czars would have been out of business years ago. It is amazing that most of these SAME folks actually support measures that decriminalize or legalize the current illegal drugs. br> -- Richard Woitowitz /p>Mr. Bandow paints Kennedy and DeWine as the opportunistic, micromanaging, top-down, central planning, never saw a reg we didn't love swine they are.
But he misses one likely result of passage of such tripe. FDA won't need that army of agents roaming the hinterlands. Just as the Clinton gang eliminated about half the licensed gun dealers in the nation via changes in costs of licensing, many retailers will cease selling tobacco as the costs of compliance grow.
Fewer sellers, no new agents needed. The nanny state prospers, personal choice is whittled away a bit more, and the slavering old pig from MA toasts his success with his new sty mate, DeWine.
p>All the best,