I am all for the liberalization of marijuana laws, as I have written many times before. The prohibition of cannabis is simply wrong in my estimation for a number of reasons, not the least of which is that it is a crony capitalist construct. For years millions (really billions) have been made off of keeping weed illegal. From prison unions to Big Pharma lots of interests wanted to keep the inexpensive, relatively innocuous drug in the illegal category. I think legalization of pot is a good thing.
Well, it seems that the good g-men at the SEC, the folks who pursue insider trading, might be moving on insider information themselves. I am shocked! Shocked!
The big banks, which in 2008 nearly went belly-up because they were overleveraged and needed a taxpayer funded bailout in order to survive a reversal in the economic tide, are even bigger today. They pose more risk than they did 5 years ago. Because they have been designated as “too big to fail” the megabanks now enjoy an implicit subsidy courtesy of you and me. Their borrowing costs are lower because we backstop them. Because of the backstop and lower costs bankers are incentivized to take on more risk. Sooner or later this will create major instability as the market mechanism has been distorted and will seek to correct for this distortion.
Is Apple being given a hint to fork over more campaign contributions?
I’d love to live completely off the grid. There are quite a few people around me who live that way and do it comfortably. To be completely self sufficient (from an electrical and water standpoint anyway) is incredibly cool. The city of Cape Coral Florida does not agree with me however.
I personally like Ralph Nader. I think he’s wrong on all sorts of things but the sense when one meets him is that he is a man who really thinks about the issues and who does not drift with the political wind. He seems to be intellectually honest, which even though he’s completely off base on all sorts of issues, counts for a heck of a lot. Especially in Washington DC. He could have sold out. He never did.
George Soros is on board. So are a bunch of other billionaires, many of whom are also denizens of Wall Street.
Those of you chattel who must “fly commercial” have to go through the TSA gauntlet anytime you want to fly anywhere. I pity you. You let yourself be groped, x-rayed, and generally violated by the government just because you want to get on a plane.
May I suggest a private plane? It is so much more convenient, and there is no TSA. You see a private plane can’t be used as a missile in a terrorist attack just like a commercial airliner. Nope. Simply could not happen.
Have fun taking off your shoes and belts and being radiated. Ta ta!
Who in their right mind keeps a little girl from growing a little cottage business while expanding and refining her God given skills? This kid has initiative, a solid work ethic, and obviously a lot of talent. We should be encouraging young people like Chloe. She is productive. She makes the world a better place. She makes cupcakes for crying out loud. Little pieces of baked heaven!
And the revolving door revolves once again. Someone is going to have to put some WD-40 on those hinges. They’re getting a little squeaky from all the use.