Laboratories Of Democracy

Drug czar: No state can nullify federal marijuana ban

"President Barack Obama’s drug czar toed a strict line on marijuana Wednesday, saying federal laws will prevail regardless of state-level efforts to legalize pot. Gil Kerlikowske said enforcement of the Controlled Substances Act of 1970 — which ranks marijuana as a Schedule One drug alongside heroin, LSD and ecstasy — remains in the hands of the US Department of Justice. 'No state, no executive can nullify a statute that has been passed by Congress,' the director of the White House Office of National Drug Control Policy told a National Press Club luncheon." Continue reading →

Continue ReadingDrug czar: No state can nullify federal marijuana ban

Drug czar: No state can nullify federal marijuana ban

"President Barack Obama’s drug czar toed a strict line on marijuana Wednesday, saying federal laws will prevail regardless of state-level efforts to legalize pot. Gil Kerlikowske said enforcement of the Controlled Substances Act of 1970 — which ranks marijuana as a Schedule One drug alongside heroin, LSD and ecstasy — remains in the hands of the US Department of Justice. 'No state, no executive can nullify a statute that has been passed by Congress,' the director of the White House Office of National Drug Control Policy told a National Press Club luncheon." Continue reading →

Continue ReadingDrug czar: No state can nullify federal marijuana ban

Drug czar: No state can nullify federal marijuana ban

"President Barack Obama’s drug czar toed a strict line on marijuana Wednesday, saying federal laws will prevail regardless of state-level efforts to legalize pot. Gil Kerlikowske said enforcement of the Controlled Substances Act of 1970 — which ranks marijuana as a Schedule One drug alongside heroin, LSD and ecstasy — remains in the hands of the US Department of Justice. 'No state, no executive can nullify a statute that has been passed by Congress,' the director of the White House Office of National Drug Control Policy told a National Press Club luncheon." Continue reading →

Continue ReadingDrug czar: No state can nullify federal marijuana ban

Federal Government Rating Hits New Low Among Americans

"For the first time since Barack Obama became president, more Democrats say they have an unfavorable view of the federal government in Washington than a favorable view (51% unfavorable vs. 41% favorable). Favorable opinions of the federal government among Republicans, already quite low in 2012 (20% favorable), have fallen even further, to 13% currently. Notably, politically divided state governments get positive ratings from members of both parties. In the 13 states with divided governments – those in which the governor and a majority of state legislators are from different parties – majorities of both Republicans and Democrats express favorable opinions." Continue reading →

Continue ReadingFederal Government Rating Hits New Low Among Americans

Feds firm on gun denials for pot users

"The federal form all firearms purchasers are required to fill out includes this question: 'Are you an unlawful user of, or addicted to, marijuana ... ?' An untruthful response to this question is a crime, said a spokesman for the Bureau of Alcohol, Tobacco, Firearms and Explosives. When it comes to marijuana law, the states and federal government have been in an awkward stalemate, with states such as Colorado taking an increasingly casual attitude toward marijuana and the federal government refusing to declassify it from a Schedule 1 narcotic – the same class as heroin and methamphetamine." Continue reading →

Continue ReadingFeds firm on gun denials for pot users

‘Respect State Marijuana Laws Act’ Introduced In Congress

"United States Congressman Dana Rohrabacher (R-CA), along with a bipartisan coalition of three Republicans (Reps. Rohrabacher, Rep. Justin Amash [R-MI], and Don Young [R-AK]) and three Democrats (Reps. Earl Blumenauer [D-OR], Steve Cohen [D-TN] and Jared Polis [D-CO]) today introduced House Bill 1523: the Respect State Marijuana Laws Act. The measure would amend the federal Controlled Substances Act to exempt from federal prosecution individuals and businesses, including marijuana dispensaries and/or retail outlets, who comply with state marijuana laws." Continue reading →

Continue Reading‘Respect State Marijuana Laws Act’ Introduced In Congress

Trust in Gold Not Bernanke as U.S. States Promote Bullion

"Lawmakers in Arizona are poised to follow Utah, which authorized bullion for currency in 2011. Similar bills are advancing in Kansas, South Carolina and other states. The Utah Precious Metals Association, established after passage of the 2011 law to advocate for the use of gold and silver coins, has about two dozen members enrolled in a two month-old bill-pay service in which their accounts are held in gold, said Lawrence Hilton, the group’s chairman. Hilton envisions a future with an alternative monetary system based on precious metals in which merchants accept silver coin while gold mostly backs electronic transfers." Continue reading →

Continue ReadingTrust in Gold Not Bernanke as U.S. States Promote Bullion

As marijuana goes legit, investors rush in

What's striking is how conventional many of the business people's backgrounds — and their plans — increasingly are. Instead of backing marijuana dispensaries, investors such as Privateer and San Francisco-based ArcView Group are rushing to find consulting firms, software companies and insurance agencies to serve the new market. Even Privateer's strategy of merging small companies to form a big one is familiar: In traditional buyout shops, it's called a 'roll-up.' Just don't say that word to Kennedy, unless you want him to blush. Scratch the term 'growing the business' — he catches that one in midsentence, correcting his wording to 'expand.'" Continue reading →

Continue ReadingAs marijuana goes legit, investors rush in

Texas vs. California

"I’ve been pointing out the differences between California stagnation and Texas prosperity for quite some time. And since California voters approved a new 13.3 percent top tax rate last November, I expect the gap to become even wider. Simply stated, California is the France of America and Texas is the Cayman Islands of America. So it’s understandable that the Governor of Texas is telling employers in California that his state has a better climate for job creation. Texas is clearly doing better on jobs, and it’s easy to avoid higher taxes when you obey Mitchell’s Golden Rule and restrain the burden of government spending." Continue reading →

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