marble falls's Journal
Name: herb morehead
Gender: Do not display
Hometown: marble falls, tx
Member since: Thu Feb 23, 2012, 03:49 AM
Number of posts: 6,942
Gender: Do not display
Hometown: marble falls, tx
Member since: Thu Feb 23, 2012, 03:49 AM
Number of posts: 6,942
- 2015 (22)
- 2014 (63)
- 2013 (111)
- 2012 (4)
When stocks in marijuana-related businesses soared as much as 1,700 percent one week after Colorado’s legalized shops opened, the exuberance reminded some observers of the heady days of the dot-com boom. And, indeed, industry insiders seem swept up in a sky's-the-limit optimism that's reminscient of the late 1990s, with ArcView Market Research—"the definitive source for cannabis industry analysis, trends, and statistics"—forecasting that legal marijuana could expand into a $10.2 billion market by 2018, with 64 percent growth expected just this calendar year, a rate higher than the global smartphone market.
At the same time, entirely new businesses have emerged, hawking insurance, advertising support, software, even pot vending machines. And with Colorado’s legal cannabis shops hitting $1 million in revenue on the first day of legal use, the stampede of capitalists into this new market should only accelerate. “There’s no desk of analysts at Goldman Sachs vetting this industry,” Kenndy says, “but there will be.”
Yet if this is a gold rush, it’s one where the gold has, for 80 years, been either dismissed as fodder for hippies or demonized as actively harmful—a legacy that creates growing pains no other business sector has to tolerate, as marijuana entrepreneurs struggle to be taken seriously and get around a host of roadblocks arising from the fact that the federal Controlled Substances Act still lists marijuana as a prohibited Schedule I drug.
Lawmakers from the states where pot just became legal have stepped in to push for regulatory relief. Reps. Denny Heck (D-Wash.) and Ed Perlmutter (D-Colo.) have introduced legislation that would give legal clearance for financial transactions with marijuana-related businesses—you could call it a form of constituent service to the small business community. And when Attorney General Eric Holder said last week that the Obama administration would soon roll out guidance to allow banks to work with pot sellers, Heck and Perlmutter's efforts got a notable boost. But “Congress doesn’t lead on this stuff,” Heck says. “It’s going to take Colorado and Washington having a successful regulatory environment to make everyone comfortable.”
But this need to convince skeptics, along with the residue of selling what the federal government still considers an illegal drug, has led to barriers that can appear almost insurmountable. “Some check-the-box items that should take a couple of hours take a month,” Kennedy says. Lining up payroll services or security or lawyers or even a bank can be arduous, as many of those companies fear legal ramifications. The Colorado Bar Association recently prohibited attorneys from working with marijuana-related businesses for just this reason—which means that, for now at least, pot businesses can’t hire a lawyer to draw up a contract or close a deal. And even Privateer, with its multimillion-dollar investment deals, was turned down by 16 different banks for a simple checking account.
So far, Privateer has used the money it’s raised to invest in or set up ancillary businesses on the edges of the marijuana supply chain that do not handle the leaf, reducing the firm’s legal risk and regulatory requirements. The company established a Canadian subsidiary called Lafitte Ventures to build a 1.8-acre cultivation site in British Columbia, for example, and a similar American firm called Arbormain, planning 24 warehouses across Washington State for growing, testing and processing a range of products. Privateer also recently acquired Leafly, which is a kind of Yelp for pot, with user reviews of businesses and the products they sell.
Meanwhile, an astonishing amount of this fast-growing industry is still conducted in cash—a situation that can leave businesspeople a little jittery. “I’ve been in rooms with a million dollars,” Kennedy says. “It’s not a good feeling.” Companies have to pay for security to prevent robberies, and getting loans is a headache. “We wanted to build a farm on a piece of property where anyone with a credit score over 700 could get it,” Cooley says. “Mine is over 800, but I couldn’t get a loan. Last year, when we were jumping through hoops becoming permitted, instead of a line of credit, we stopped taking salary.”
David Dayen is a Los Angeles-based freelance writer and a contributor to Salon.
Posted by marble falls | Mon Jan 27, 2014, 09:20 AM (2 replies)
Posted by marble falls | Sun Jan 26, 2014, 10:14 AM (8 replies)
(Reuters) - Dozens of inmates in Arizona jails run by a sheriff who has been a controversial figure in the national immigration debate have been put on a diet of bread and water for desecrating U.S. flags that hang in each cell, authorities said on Friday.
Maricopa County lawman Joe Arpaio, who has been called "America's toughest sheriff," said 38 inmates were currently getting these meals twice a day as punishment for destroying government property while in custody at six jails.
"These inmates have destroyed the American flag that was placed in their cells. Tearing them, writing on them, stepping on them, throwing them in the toilet, trash or wherever they feel," Arpaio said in a statement. "It's a disgrace to those who have fought for our country."
The punishment will last for seven days, he said, and a second offense would bring 10 more days of the sparse diet.
A sheriff's spokesman said the bread provides the daily requirement of calories and nutrients that is necessary. There are about 8,300 inmates in the jail system.
Dan Pochoda, legal director for the American Civil Liberties Union in Arizona, called the move a "publicity stunt."
"It's certainly not illegal, but what he is doing is bad policy," Pochoda said. "It's just another vindictive policy that has nothing to do with running a good jail system."
Posted by marble falls | Sun Jan 26, 2014, 10:12 AM (7 replies)
Source: Time Magazine
West Virginia Officials Say Water Ban to be Lifted Soon
But authorities unable to provide clear timetable
By David Stout Jan. 13, 2014Add a Comment
Residents line up for water at a water filling station at West Virginia State University, in Institute, West Virginia, January 10, 2014.
After an estimated 300,000 West Virginians spent the weekend without tap water, following a massive chemical spill in the Elk River, officials say tests show life may return to normal soon — without specifying exactly when. “I believe that we’re at a point where we can say that we see light at the end of the tunnel,” West Virginia Governor Earl Ray Tomblin told a group of reporters on Sunday.
Jeff McIntyre, president of West Virginia American Water, said he was optimistic that the ban would be lifted soon. “I don’t believe we’re several days from starting to lift, but I’m not saying today,” told McIntyre.
On Thursday, state officials announced that approximately 7,500 gallons of 4-methylcyclohexane methanol, a chemical used to process coal, had leaked from a storage tank into the Elk River, just one mile from the West Virginia American Water plant.
Environmentalists have long chided West Virginia’s lax industrial regulations, which activists claim are a result of the enormous sway companies working in coal-related industries have in the state.
Read more: http://nation.time.com/2014/01/13/west-virginia-officials-say-water-ban-to-be-lifted-soon/
Posted by marble falls | Mon Jan 13, 2014, 07:19 AM (9 replies)
Source: Newsmax (yeah, I know - Newsmax)
Trump to New York GOP: I'll Run for Governor if We Skip Primary
Image: Trump to New York GOP: I'll Run for Governor if We Skip Primary
Saturday, 11 Jan 2014 01:08 PM
By Sandy Fitzgerald
Donald Trump is ready to run for governor of New York if the state's Republicans will unify behind him, but state GOP Chairman Ed Cox says Trump should officially declare his candidacy if he's serious about seeking the state's top spot.
Trump told the New York Daily News, after a two-hour meeting with 50 Republicans in his office on Friday, that he is seeking full support of the party and wants no primary elections.
"You can’t have primaries," said Trump. "You can’t have all the wasted time and effort in doing that. You have to pick somebody and go to win. If that couldn’t happen, I wouldn’t do it."
Trump is already gathering some support among Republicans who think he is the only person who and defeat Cuomo. The billionaire is also expected to report that his campaign coffers already have more than $30 million available.
Read more: http://www.newsmax.com/newswidget/new-york-governor-donald-trump-rob-astorino/2014/01/11/id/546561?promo_code=142BF-1&utm_source=142BFSun_sentinel_and_Orlando_Sentinel_generi&utm_medium=nmwidget&utm_campaign=widgetphase1
They'll never do it, but we can hope.
Posted by marble falls | Sun Jan 12, 2014, 07:14 PM (25 replies)
Former Alaska Gov. Sarah Palin seems to have an endless supply of inappropriate and ignorant comments when it comes to politics, and her latest comments do not disappoint.
While speaking at the annual meeting of the Faith and Freedom Coalition Saturday, Palin criticized President Obama and his decision to intervene with the fighting in Syria.
“We’re talking now more, new interventions, I say until we know what we’re doing, until we have a commander in chief who knows what he’s doing … well, in these radical Islamic countries aren’t even respecting basic human rights, when both sides are slaughtering each other as they scream over an arbitrary red line, Allahu Akbar, I say until we have someone who knows what they’re doing, I say: Let Allah sort it out.”
This past Thursday President Obama agreed to supply military support to Syrian rebels after intelligence agencies confirmed the Syrian military had used chemical weapons on its people. The use of weapons like the nerve agent sarin crossed the ‘red line’ necessary to trigger American involvement, said the president.
From July, but this is the first I've heard of it.
Posted by marble falls | Fri Dec 20, 2013, 09:19 PM (10 replies)
John Boehner is mad as hell, and he’s not going to take it anymore
By Chris Cillizza
December 12 at 1:36 pm
A remarkable thing happened Thursday morning in Washington. House Speaker John Boehner told tea party conservative groups exactly what he thought of them.
John Boehner channeled Howard Beale in "Network" today.
John Boehner channeled Howard Beale in “Network” today.
“Frankly I just think they’ve lost all credibility,” Boehner said of groups like the Heritage Foundation and the Club for Growth, who have come out in opposition to the budget compromise deal expected to be voted on later Thursday in the House. “I don’t care what they do.”
Boehner’s rebuke of these outside groups is the culmination of several years of legislative setbacks orchestrated by a tea party wing that views any form of compromise as capitulation. From the thwarted “Plan B” during the fiscal cliff debate to the farm bill to relief funds for Hurricane Sandy victims to the government shutdown, Boehner has watched with increasing frustration this year as groups like Heritage, the Club and Senate Conservatives Fund have driven an immoveable wedge within the House Republican conference.
Boehner’s outburst was his second in as many days — on Wednesday he accused these groups of ”using our members and…..the American people for their own goals” — and is simply the latest sign that the GOP establishment has had just about enough of tea party conservatives. In late November, Senate Minority Leader Mitch McConnell (Ky.), who faces a primary challenge from his ideological right in 2014, said that “the Senate Conservatives Fund is giving conservatism a bad name,” adding: “They’re participating in ruining the brand.” And, Wisconsin Rep. Paul Ryan, the author of the latest budget compromise and the party’s 2012 vice presidential candidate, lashed out at Florida Sen. Marco Rubio Thursday morning for opposing the deal; “Read the deal and get back to me,” Ryan told Rubio during an appearance on MSNBC’s “Morning Joe”.
What explains the Republican establishment’s newfound bravery when it comes to tangling with the tea party? Two big things:
1) The tea party is at historic lows in terms of public opinion. In new Gallup polling, just 30 percent of people view the movement favorably; even one in three self-identified conservatives say the dislike the tea party. Condemning unpopular things is, you guessed it, popular.
2) There’s safety in numbers. McConnell threw the first stone. But now that other prominent figures within the party are coming forward to say, essentially, enough is enough, it’s now become less politically risky to add your voice to that chorus.
Chris Cillizza is founder and editor of The Fix, a leading blog on state and national politics. He is the author of The Gospel According to the Fix: An Insider’s Guide to a Less than Holy World of Politics and an MSNBC contributor and political analyst. He also regularly appears on NBC and NPR’s The Diane Rehm Show. He joined The Post in 2005 and was named one of the top 50 journalists by Washingtonian in 2009.
Posted by marble falls | Thu Dec 12, 2013, 09:56 PM (4 replies)
Graham: Senate Will Challenge White House on Iran Deal
Monday, 25 Nov 2013 01:31 PM
By Audrey Hudson
Sen. Lindsey Graham said Monday that despite the Obama administration's interim deal with Iran the Senate would pass a bipartisan measure forcing sanctions against the rogue nation until its nuclear capability has been completely dismantled.
According to The Washington Free Beacon, the South Carolina Republican said on CNN's "New Day" that sanctions will come out of Congress in the next couple of weeks to ensure Iran dismantles its reactor rather than suspends construction as the deal requires.
"You stop enrichment, not just pause it," Graham said.
"Right now, the interim deal leaves their capability totally intact. The new round of sanctions will be focusing on the end game, and it is coming soon," Graham said.
Graham is the latest in a growing line of Republicans and Democrats on Capitol Hill who oppose the deal with Iran, which requires the country to curtail its nuclear program in exchange for billions of dollars in aid that would flow without sanctions.
The Obama administration has warned Congress not to move ahead with sanctions, but Graham's statement is the strongest yet that lawmakers are not willing to let the White House deal stand.
"This deal doesn't represent the fact that we are dealing with some of the most thuggish people in the world," Graham said.
Posted by marble falls | Mon Nov 25, 2013, 07:32 PM (14 replies)
My inquiring mind just needs to know why he's been keeping such a low profile. Did he campaign for the Cuccinelli?
Posted by marble falls | Sun Nov 24, 2013, 03:01 AM (6 replies)
If you thought Walmart asking its low-wage workers to donate food so their fellow workers in need can eat at Thanksgiving was outrageous, wait until you see this video of helpful tips to relieve stress, feel fuller on less food and stay healthy for the low-wage workers at McDonald’s from the company’s McResource hotline.
(Yes, it’s the same help line that encourages McDonald’s employees to seek out government help to meet the ends that their paychecks won’t.)
Here’s the best one. “Breaking food into pieces often results in eating less and still feeling full.” Of course, earning paychecks that would allow workers enough money to buy groceries to feed their families would help, too.
Want to avoid a heart attack? The McResource line suggests taking “two vacations a year to cut attack risk by 50%.” That might be tough if a worker has followed the line’s suggestion elsewhere to help boost income by taking a second job.
Chewing gum and going to church can help lower stress and blood pressure, McDonald’s workers are advised. Of course, once in church, they can offer up a prayer for a living wage that likely will be heard more favorably than asking McDonald’s for a raise.
If McDonald’s workers just shut up about their low wages and lack of respect—something the company would surely love—it would lower their stress levels because, says McResource, “stress hormone levels rise by 15% after ten minutes of complaining."
Take a look at the video from Fast Food Forward, the New York group made up of workers helping to organize the fast-food strike/living wage movement that has picked up steam across the country during the past year. While watching it you‘ll either laugh, cry, cuss or maybe all three.
Posted by marble falls | Thu Nov 21, 2013, 08:43 PM (1 replies)