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  1. #1
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    Can Marijuana Help Rescue California's Economy?

    Can Marijuana Help Rescue California's Economy?

    Could marijuana be the answer to the economic misery facing California? Democratic State Assembly member Tom Ammiano thinks so. Ammiano introduced legislation last month that would legalize pot and allow the state to regulate and tax its sale - a move that could mean billions for the cash-strapped state. Pot is, after all, California's biggest cash crop, responsible for $14 billion in annual sales, dwarfing the state's second largest agricultural commodity - milk and cream - which brings in $7.3 billion annually, according to the most recent USDA statistics. The state's tax collectors estimate the bill would bring in about $1.3 billion in much-needed revenue a year, offsetting some of the billions in service cuts and spending reductions outlined in the recently approved state budget.

    "The state of California is in a very, very precipitous economic plight. It's in the toilet," says Ammiano. "It looks very, very bleak, with layoffs and foreclosures and schools closing or trying to operate four days a week. We have one of the highest rates of unemployment we've ever had. With any revenue ideas people say you have to think outside of the box, you have to be creative, and I feel that the issue of the decriminalization, regulation and taxation of marijuana fits that bill. It's not new, the idea has been around, and the political will may in fact be there to make something happen." (See pictures from stoner cinema.)

    Ammiano may be right. A few days after he introduced the bill, U.S. Attorney General Eric Holder announced that states should be able to make their own rules on medical marijuana and that federal raids on pot dispensaries in California would cease. The move signaled a softening of the hard-line approach previous administrations have had to medicinal pot use. The nomination of Gil Kerlikowske as the head of the Office of National Drug Control Policy may also signal a softer federal line on marijuana. If he is confirmed as the so-called Drug Czar, Kerlikowske will bring with him experience as police chief of Seattle, where he made it clear that going after people for posessing marijuana was not a priority of his force.

    http://news.yahoo.com/s/time/2009031...08599188495600

  2. #2
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    Reminiscent of the 30's when alcohol was legalized in order to gain badly needed tax revenue.

  3. #3
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    YES! It can stimulate our federal economy, too!
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
    "Without continual growth and progress, such words as improvement, achievement, and success have no meaning." ~ Benjamin Franklin

  4. #4
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    Quote Originally Posted by dee10134 View Post
    YES! It can stimulate our federal economy, too!
    dee, do I detect an abundance of enthusiasm???

  5. #5
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    Legalizing mary jane and taxing and monitoring it like alcohol would be one of the smartest things we could do economically. That's just a fact. Now because it has been illegal for so long, many people have a moral issue with it and so this is unlikely to happen very soon.

    If I were Queen of the USA, I would make alcohol illegal and legalize pot! But no one voted me in, so y'all are safe from my craziness! (For now.....)
    I do not intend to tiptoe through life only to arrive safely at death!

  6. #6
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    Well Buzz you know that I agree with this. Our economy here in CA is bad and getting worse by the minute. this recent budget debacle and outrageous tax hike is an embarrassment.
    It's like having a store that is going under and the solution is to raise prices to bring things in the black.

    The better answer is to cut spending and find other revenue streams..like selling pot LOL.

  7. #7
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    Quote Originally Posted by JBean View Post
    Well Buzz you know that I agree with this. Our economy here in CA is bad and getting worse by the minute. this recent budget debacle and outrageous tax hike is an embarrassment.
    It's like having a store that is going under and the solution is to raise prices to bring things in the black.

    The better answer is to cut spending and find other revenue streams..like selling pot LOL.
    JBeanya, if we could get Arnold to mandate that E-verify be used by all employers, for all employees. A couple of million citizens could get off of unemployment, even welfare, and go to work. It's as simple as that. and we could give away free bus tickets (we'll make a special deal with the bus companies) to Mexico.

  8. #8
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    Quote Originally Posted by southcitymom View Post
    Legalizing mary jane and taxing and monitoring it like alcohol would be one of the smartest things we could do economically. That's just a fact. Now because it has been illegal for so long, many people have a moral issue with it and so this is unlikely to happen very soon.

    If I were Queen of the USA, I would make alcohol illegal and legalize pot! But no one voted me in, so y'all are safe from my craziness! (For now.....)
    scm, I would vote for you....we want CHANGE!

  9. #9
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    Quote Originally Posted by Buzzm1 View Post
    JBeanya, if we could get Arnold to mandate that E-verify be used by all employers, for all employees. A couple of million citizens could get off of unemployment, even welfare, and go to work. It's as simple as that. and we could give away free bus tickets (we'll make a special deal with the bus companies) to Mexico.
    I working on the tax revolt right now and a piece of legislature to stabilize the economy. But after that I'll start working on Arnold for that.

  10. #10
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    If we could just get all of the illegals to go home, we could save a lot of money, just by supporting them there, rather than paying the cost of having them here, taking American jobs.


  11. #11
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    Quote Originally Posted by Buzzm1 View Post
    If we could just get all of the illegals to go home, we could save a lot of money, just by supporting them there, rather than paying the cost of having them here, taking American jobs.
    Oh Buzz don't I know it.
    Especially now those jobs are uber valuable because no one can get any work at all. Don't even get me going on the benefits and tax dollars.

    what mess!

  12. #12
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    Quote Originally Posted by JBean View Post
    I working on the tax revolt right now and a piece of legislature to stabilize the economy. But after that I'll start working on Arnold for that.
    let me know if I can do anything to help you; I probably have an email list of all CA Democratic legislators

  13. #13
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    Quote Originally Posted by Buzzm1 View Post
    let me know if I can do anything to help you; I probably have an email list of all CA Democratic legislators
    sorry Buzz..I want ALL the legislators recalled. That's also what I am working on.

  14. #14
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    If it doesn't stimulate the economy, at least users will be mellow about the situation.

  15. #15
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    Quote Originally Posted by Elphaba View Post
    If it doesn't stimulate the economy, at least users will be mellow about the situation.
    I do not intend to tiptoe through life only to arrive safely at death!

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