(U-WIRE) BOSTON -- The War on Drugs is benefiting the U.S. government and business and hurting democracy at home and abroad, said Al Giordano, a former political reporter for the Boston Phoenix and editor of the Narco News Bulletin.

Giordano, speaking at Morse Auditorium, also presented guest speaker Catherine Austin Fitts, who spoke about how the government is being controlled by drug money, which contributes to 50 percent of their political campaigns.

Fitts used the example of two boats, one containing a shipment of sugar from South America and the other containing a shipment of drugs. The sugar on the first boat would be sold for $100,000, while the drugs on the second one would be sold for $25 million. The money from the sale of the drugs would be invested in the stock market, allowing drug dealers to buy up American companies.

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