http://www.bloomberg.com/news/2010-08-09/mexico-ex-president-fox-calls-for-drug-legalization-as-way-to-end-violence.html
I think "the banks" have a tad more pull in this situation than Mr. Fox does.
Drug profits have to be washed and the banks make big bucks doing it.
I don't see them allowing their own throats to be slit by the legalization of the production and sale of drugs.
Former Mexican President Vicente Fox said his country should legalize the production and sale of drugs in order to curb rising cartel-related violence.
Legalizing narcotics would curtail funding to organized crime groups, who are using profits from the drug trade to consolidate power, Fox wrote yesterday on his personal website.
“Radical prohibition strategies have never worked,” Fox said. “The cost of the fight against organized crime, and in particular narcotics trafficking, has been enormous in our country.”
Fox said in a July 28 interview with Bloomberg Television that the U.S. as well as Mexico were responsible for the violence.
“What is happening is that this huge market of the United States in drug consumption, the largest in the world, is generating the weapons that are sold to Mexican cartels, and is generating the money that is laundered in the United States and brought to Mexico,” Fox said.
Arms Trafficking
More than 90 percent of weapons used in violent crimes in Mexico are brought in illegally from the U.S., according to the U.S. Bureau of Alcohol, Tobacco, Firearms & Explosives.
