It’s the Pot Economy, Stupid

Jim Finnel

Fallen Cannabis Warrior & Ex News Moderator
It looks like the pot debate just got real. As the nation faces its worst economic crisis in generations, California Assemblyman Tom Ammiano has introduced a trailblazing bill to tax and regulate marijuana like alcohol. Hard on the heels of Michael Phelps’ nationally-resonant bong demo, Ammiano’s gesture is a whole lot more intentional. One hopes it will stir the long-overdue national examination of the financial and human price that we pay for criminalizing pot.

The most widely used illicit drug in the western world, marijuana is a fact of life that’s been sampled by upwards of 100,000,000 Americans. Officially prohibited since 1937, we finally seem on the threshold of a promising moment in our nation’s tortured relationship to the drug. On November 4 alone, Massachusetts decriminalized personal pot use, Michigan became the thirteenth state to allow its medical use, and we elected a president who’s openly admitted to smoking it. National polls and the yawn that greeted the Phelps media frenzy indicate that Americans are reconciled to pot’s largely benign role in our culture.

Nevertheless, the mindless prohibition enforcement machine rolls on. In 2007, over 800,000 Americans were arrested for marijuana-related crimes (nearly 90 percent of them for possession), with upwards of 85,000 of them serving sentences in jail or prison. In the U.S., incredibly there are more arrests for marijuana possession each year than for all violent crimes combined. This astounding human toll from enforcing the ban on marijuana costs taxpayers roughly $8 billion each year. And those wasted resources are further compounded by the total capitulation of the massive pot market to an underground economy to gangsters who laugh all the way to the bank.

Amidst a national economic meltdown, California’s budget turmoil is the worst in the nation. After an excruciating three-month deadlock, the dysfunctional Sacramento legislature closed a $42 billion deficit by slashing aid to the most vulnerable in the state, raising a host of taxes and fees, and kicking the can down the road with billions more in borrowing. Meanwhile, California’s largest cash crop was studiously avoided in the frenzied search for politically-viable revenue sources. California’s marijuana yield is conservatively valued at $13.8 billion annually – nearly double the value of the state’s vegetable and grape crops combined.

Reformers have long complained that massive marijuana revenues are routinely ceded to criminal syndicates. But that’s how prohibition works, until we come to our senses. The U.S. ended alcohol prohibition just over 75 years ago, when its failure could no longer be ignored. That unfortunate social experiment triggered a host of familiar outcomes – mass imprisonment, unchecked violence, official corruption, and routine violation of the law by millions of Americans. But what finally hastened its demise in 1933 was the Depression itself, as public opinion and a progressive new president insisted the waste of resources and potential revenue had to stop.

The sheer scale of our current fiscal misery demands a similar reality check: Marijuana already plays a huge role in the California and national economies. It’s a revenue opportunity we literally can’t afford to ignore any longer. It’s time to end the unjust charade of marijuana prohibition, tax this flourishing multi-billion dollar market, and redirect criminal justice resources to matters of real public safety. Assemblyman Ammiano has done an enormous service by breaking the silence on this common-sense solution.



News Hawk: User: 420 MAGAZINE ® - Medical Marijuana Publication & Social Networking
Source: AlterNet
Copyright: 2008 Independent Media Institute
Contact: Alternet: Support | AlterNet
Website: It?s the Pot Economy, Stupid | DrugReporter | AlterNet
 
Re: It's the Pot Economy, Stupid

I agree with you. We need to get on our feet and protest. We need everyone in California to get actively involved. This means that you need to contact your assemblyman and senator and tell them you support AB390. You can go to a website and find out who your representatives are. Please I am begging people to help this bill get passed. If we don't do this we could see another depression in our lifetime.
 
Not to Mention,
Our Energy Dependence/Future needs no "down payments"

Repeal the Prohibition !!! so we can grow our energy needs, here!!!

Albany, NY - Rally, Concert and Lobby Day to End Cannabis Prohibition 4/17

I can't believe we have been lead to believe
we need petro-oil to fuel the world.

It's pure BS,
Georgia Tech and Mobile oil were making ethanol and methanol with cannabis, the same time Ford was designing hemp cars.
Time to re-tool Ford, they are the only one surviving :cheesygrinsmiley:
 
Re: It's the Pot Economy, Stupid

Sounds good, what company will be growing for us and will they use migrant labor or union labor, will they be listed on the NYSE as (POT)? I love to grow out in the sun and take it out side and reduce my carbon foot print.::rocker:
 
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