quote Archives - Page 8 of 13

2010/10/012010/10/01

California’s Pot Vote

The only time bootleggers and preachers voted the same was to keep Prohibition. Apparently this is the case again in California where the legalizing marijuana for recreational use is on the ballot. Two big opponents funding the opposition to the bill are the liquor industry and the medical marijuana industry. Both feel they will lose some portion of the profit pie they are currently enjoying. Medical marijuana is going for $300 an ounce. One study predicted with legalization for recreation use, a price drop of 90 percent. That would bring it down to 1970s prices, and even cheaper if you consider our inflated dollars.

It is crazy to keep this substance illegal for any number of well documented reasons. Continue reading “California’s Pot Vote”

2009/04/152009/04/15

The Quiet Coup

Author of the article, The Quiet Coup, is is Simon Johnson, former chief economist of the International Monetary Fund.

Here is a quote from the opening of the artilce:

“The crash has laid bare many unpleasant truths about the United States. One of the most alarming, says a former chief economist of the International Monetary Fund, is that the finance industry has effectively captured our government-a state of affairs that more typically describes emerging markets, and is at the center of many emerging-market crises. If the IMF’s staff could speak freely about the U.S., it would tell us what it tells all countries in this situation: recovery will fail unless we break the financial oligarchy that is blocking essential reform. And if we are to prevent a true depression, we’re running out of time.”

Scary stuff.

1999/12/302020/01/03