Drug money

Colorado has legalized the sale and possession of marijuana, with Washington state soon to follow suit.  But it’s still illegal under federal law.  Which means that banks are not allowing companies that sell marijuana to open accounts, lest they violate federal laws and regulations.  This means that the legalized marijuana industry is accumulating mountains of cash and storing it in warehouses.  (A special dispensation allows for bank accounts to be opened for the sole purpose of paying taxes, so the government has that covered, at least.) [Read more...]

Marijuana shops to open in Colorado

Colorado legalized the possession of recreational marijuana last year, but as of today, you can buy it openly in retail shops.  Regulations that go into effect today will, in effect, create a legal marijuana industry in the state.  How do you think that will go? [Read more...]

Colorado throws out anti-gun lawmakers

Citizens of Colorado voted for the right to smoke marijuana, but they have also voted or the right to own firearms.  In a recall election, this blue state ousted two state legislators who pushed anti-gun laws.  Might this be another example of a leftwing/rightwing alliance for civil liberties? [Read more...]


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