Politics! Politics! Politics!

Note to readers: Having discovered that my name server had changed a little to late when I moved things over to the new server I suddenly lost a few posts and pictures which threw me off for a bit. Now I will hopefully regain my stride and get back to more regular posts.

The only thing that got more people’s attention than the Giant’s winning the world series was the election and pretty much as I figured California mooned the rest of the country.

Jerry’s back as President Governor followed by the rest of the Democrats just showing that we’re more a blue state than we were yesterday. Queen Meg will now have to be questioned on her business acumen after investing over $100 million dollars in a campaign that failed. Think of what she could have done with that money if she hadn’t run and started the Whitman Foundation to help needy kids or homeless people or some other ennobling cause. She’d be seen as a hero, but now she’ll go down as a business woman who spent the most money in a campaign that failed.

Oh yeah, pot is still illegal.

The coastal areas were all in favor of it and the inland empire was against it.  What surprised me the most was that Glenn Beck and Sarah Palin showed support for prop 19 yet Gavin Newsom, Jerry Brown, Kamala Haris, Barbara Boxer and the California Cannabis Association were against it. Wait, Governor Moonbeam didn’t want pot legalized? What’s he been smoking? It turns out on the against prop 19 list where a large number of pot producers who would, so they thought, lose money if it was legalized because it would drive the price down. Any quick trip online to look at prices for medical marijuana show that that’s not true.

Personally, I think it’s a shame that it didn’t pass. It would have increased the revenue that we already get from medical marijuana sales (which is currently north of $100 million) and it would have given California another reason to be a “go-to” spot. Estimates put the potential gains for the state at north of $4 billion per year.  Think of what that money would have done for our schools, our roads. It’s even possible that we could have eliminated state income tax if it passed. Nevada fortifies itself from gambling revenues so its residents don’t have to pay state income tax. Think about it. Even though our own Governator was against prop 19 he decriminalized have up to an ounce as a $100 fine.

I think the best that can be said about this was said by Richard Lee of Oaksterdam University, “Over the course of the last year, it has become clear that the legalization of marijuana is no longer a question of if, but a question of when.” I guess we just need the state to need the money more and have less people who don’t want to put their political careers on the line to support it.

Marijuana as a commodity

big_bud_marijuana
Marijuana, the crop of the new millenium

I’ve been seeing a lot lately about California making marijuana legal and taxing it in the same sort of way it works in Amsterdam.

Personally, I think this is a good idea. Everyone knows that California is the biggest pot growing place in the US if not the world and cash it’s bringing in is in the billions of dollars. Yes, it is a drug, but so is alcohol and vicodin and valium and all the other prescription medicines out there that. Yet if your company drug tests, none of these will keep you from getting a job, marijuana on the other hand, will.

Historically from what I could find there has never been anyone who has died of an overdose of marijuana [leaving out the possibility of them being stoned and crashing their car]. Alcoholism has killed thousands of people an when you mix in the people who mix alcohol with prescription drugs the numbers jump up even more.

We have medical marijuana clinics now and that makes it easy for people to get a card and get marijuana for it’s medicinal value. These are more of a minor blip in the marijuana cash crop business. Now think about this. If it becomes legal and taxed large companies would jump in and set up farms that would end up producing more marijuana as less cost which would overall end up dropping the price to offset the taxes placed on it. This could overall make it cheaper to purchase than it would to try and grow it similar to common vegetables like lettuce.

California needs cash badly and when you have a billion dollar industry that if legalized and taxed could turn into a trillion dollar industry I firmly believe that California would get a good boost to it’s economy. Not just from sales, but think of all the people who would come as tourists just because they could purchase marijuana legally. This would obviously boost border towns that usually need some help, but it would also boost the economies of metropolitan areas. Which would also help increase the hotel and restaurant business as well. All this would help to bring back the economy in California which while being the 8th largest economy in the world, has some of the worst marks in our school systems.