Drug Dealers

This is a simulcast on duncanwil and oxbow

 

Taxi drivers are interesting people: they know a lot about their community and must be a fantastic resource for a wide variety of people and not just taxi passengers either.

 

I heard from my latest taxi driver that in Halifax drug dealers, the ordinary every day young drug dealers are making £6,000  DAY from their evil activities. Now, let’s imagine that this figure is an exaggeration ... how much of an exaggeration, I wonder.

 

These people buy houses too to get their filthy money into legitimate cash streams. They don’t buy for cash since that would look suspicious and they don’t buy more than one house in their own name either. They buy a house for themselves and then another one for their ... father, mother, brother, sister, wife ... who knows. More than that, they put down as much as a 70% deposit and take a mortgage for the rest. These people are potentially buying a couple of houses a month.

 

This news, taking it at face value, rather points the mocking finger at Freakonomics doesn’t it? In the book, reviewed last year by yours truly, they ask the question why so many drug dealers in the US live with their mothers ... the answer is clear: either they don’t or if they do it’s because they are hiding their huge stashes of cash. Easy to pull the wool over some people’s eyes isn’t it?

 

What are the police reported to have responded when told about the activities of these leeches on society? Erm, that they are looking for Mr Big rather than these also rans. Really? £6,000 a day is £42,000 a week and that’s £2.19 million a year. No tax, no records, no bother if the police are after them. Moreover, that’s £2.19 million for EVERY drug dealer operating at the level the taxi driver was talking about.

 

This is obviously a BIG problem when multiplied out onto a national scale.

 

DW