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Keyword: legalization

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  • Strictly Business: Legal pot industry sure to be robust

    07/14/2014 1:57:15 AM PDT · by 2ndDivisionVet · 34 replies
    The Columbian ^ | July 13, 2014 | Gordon Oliver, business editor
    It's rare when any business in Clark County attracts national or even regional interest, so the media throng that greeted last Wednesday's opening of Main Street Marijuana was quite a curiosity. The clever "weed and weenies" event that accompanied the store's opening, along with the presence of Mayor Tim Leavitt at the ribbon-cutting, captured the attention of media outlets that devour eye-catching visuals. But business likely would still have been brisk at Main Street Marijuana even if it hadn't snagged the free publicity. With a state-imposed limit of just 15 retail outlets for all of Clark County, and with some...
  • UNODC drug report: Rise in US cannabis use treatments

    06/26/2014 3:09:19 PM PDT · by PoloSec · 11 replies
    BBC ^ | June 26 2014 | BBC
    Cannabis use in the United States has increased, with more people visiting hospital emergency departments over its use, a UN report says. The potency of the drug in the US appeared to have increased, making it more harmful, the UN Office on Drugs and Crime's World Drugs Report added. It said it was too early to tell if the legalisation of cannabis in two US states had had an impact on drug use. Global illegal opium poppy farming rose 26% between 2012 and 2013, it added. "In the United States, the lower perceived risk of cannabis use has led to...
  • Meth pours into Central California as liquid

    06/14/2014 9:52:12 AM PDT · by artichokegrower · 34 replies
    San Francisco Chronicle ^ | June 14, 2014 | SCOTT SMITH
    FRESNO, Calif. (AP) In methamphetamine's seedy underworld, traffickers are disguising the drug as a liquid to smuggle it into the United States from Mexico.
  • Going to Pot? Colorados bold marijuana experiment is having some unexpected consequences

    05/23/2014 12:15:28 AM PDT · by 2ndDivisionVet · 49 replies
    Slate ^ | May 21, 2014 | Josh Voorhees
    Nearly five months into Colorados great pot experiment, the early returns are good. In Denver, home to the bulk of the first-in-the-nation retail stores, violent crime fell by 5.6 percent over the first four months of the year, with major property crimes down nearly twice that, according to the citys police. State coffers, meanwhile, are flush with tax revenues from the nearly $50 million worth of recreational weed that was sold through March, the last month for which official estimates are available. Those sales translate into $7.3 million for the state, a number that jumps to $12.6 million when you...
  • Retired Supreme Court justice says marijuana should be legalized

    04/25/2014 11:11:18 AM PDT · by Tolerance Sucks Rocks · 40 replies
    FOX News ^ | April 25, 2014 | Associated Press
    WASHINGTON Former Supreme Court Justice John Paul Stevens says he thinks the federal government should legalize marijuana. The 94-year-old retired justice tells NPR that public opinion has changed on the issue. Stevens also says that there isn't much distinction between marijuana and alcoholic beverages.
  • Mom, 44, shot dead ... by husband who was hallucinating after eating a marijuana cookie'...

    04/16/2014 8:55:19 AM PDT · by afraidfortherepublic · 119 replies
    The Daily Mail ^ | 4-15-14 | Helen Poq
    A Denver, Colorado mother has been shot dead in front of her children by her 'hallucinating' while she was on a 13 minute call to 911, police said. Kristine Kirk, 44, called for help around 9:30p.m. Monday, telling dispatchers that her husband Richard Kirk, 47, was 'talking about the end of the world' and 'scarring' their three children. A source told FOX31 investigators are looking at whether he had eaten a marijuana cookie. Mrs Kirk said in the 911 call that there was a gun in the house but it was in a safe, according to a probable cause statement....
  • Stoned mom avoids jail after driving 12 miles with baby on roof

    04/16/2014 8:43:01 AM PDT · by afraidfortherepublic · 53 replies
    The Washington Times ^ | 4-1-14 | Jessica Chasner
    An Arizona mother will avoid jail time after she got high and drove nearly 12 miles with her 2-month-old baby on the roof of her car. Maricopa County Superior Judge Cynthia Bailey sentenced 21-year-old Catalina Mariah Clouser on Wednesday to 16 years of supervised probation. She will have to serve 3 months in jail only if she violates the order, a local CBS affiliate reported. Miss Clouser pleaded guilty in February to child abuse and driving under the influence of marijuana after her infant son was found miraculously unhurt in the middle of a Phoenix highway in June 2012, still...
  • Marijuana Emerges as Issue That Blurs Conservative, Liberal Lines

    04/07/2014 6:07:55 PM PDT · by Tolerance Sucks Rocks · 56 replies
    Newsmax.com ^ | April 7, 2014 | Joe Battaglia
    The debate over legalizing marijuana for medical and even recreational purposes is blurring conservative and liberal lines. With polls showing a slight majority of Americans now supporting the legalization of the drug, especially younger voters, and billionaire campaign financiers such as George Soros funding the pro-pot movement, a number of candidates are finding themselves at odds with their own party's positions. Ari Fleischer, a White House press secretary for President George W. Bush, called marijuana "a sleeper issue," in the upcoming campaign and noted its trickiness, telling The Wall Street Journal, "All of a sudden the ground is shifting, and...
  • "The Five" are for legalizing Marijuana

    03/12/2014 3:19:06 PM PDT · by NKP_Vet · 165 replies
    March 13, 2014
    Was just watching the show and they played a clip of Rick Perry saying that Texas has lowered fines for first time offense for marijuana use. So far he has not said he would legalize it. So the members went around the table and all but Beckel (recovering addict) said they were for legalizing marijuana. Dana Pirino said Texas might as well legalize it because Texans are coming into Colorado to legally smoke the stuff. She also said that if a republican wants to get a hand in an audience full of hipsters all they have to say is they...
  • Georgia State Senator Admits To Holding Bill Hostage

    03/10/2014 7:35:19 AM PDT · by Billlknowles · 17 replies
    WeArePolitics.com ^ | 3/8/2014 | BillK
    Gwinnett County State Senator and chairman of the Health and Human Service Committee Renee Unterman openly admitted to holding 'Haleigh's Hope', HB 885 sponsored by Representative Allen Peake, hostage until the State House will consider bills that she has authored. WSB reporter Lori Geary asked Unterman point blank if this were the case, and to Unterman's credit, she did not deny it and was very candid in saying that she was. But then she went on to state that the parents of the kids who can benefit from the legalization of medicinal cannabis didn't understand how it works in the...
  • Reason Magazine: Hey, Lets Reduce Heroin Overdoses by Legalizing Heroin

    02/04/2014 2:32:35 PM PST · by SeekAndFind · 52 replies
    FrontPage Mag ^ | 02/04/2014 | Daniel Greenfield
    For a magazine that styles itself Reason, it’s surprisingly unreasonable. Nick Gillespie of Reason attacks Truth Revolt’s Ben Shapiro for writing that “Philip Seymour Hoffman['s] self-inflicted death is yet another hallmark of the broken leftist culture that dominates Hollywood, enabling rather than preventing the loss of some of its greatest talents. Libertarianism becomes libertinism without a cultural force pushing back against the penchant for sin; Hollywood has no such cultural force.”It’s a point that’s rather hard to argue with. Freedom opens up the arena for individual character to define how people will use it. Freedom alone is a blank slate...
  • Chuck Norris smokes marijuana debate

    01/26/2014 9:10:57 AM PST · by Tolerance Sucks Rocks · 110 replies
    WND.com ^ | January 24, 2014 | Chuck Norris
    Mr. Norris, with Washington and Colorado recently legalizing pot smoking and their football teams (Seattle Seahawks and Denver Broncos) being in the Super Bowl, some have asked whether there is going to be added marijuana use during this years Super Bowl. And President Barack Obama recently said that he doesnt think marijuana is as dangerous as alcohol. What do you think, Chuck? Is it? Trying to Make Sense of Sensimilla in Seattle I understand the arguments for the legalization of marijuana: It can generate tax revenue. It can reduce illegal supply and demand. It can strip power from cartels...
  • Gov. Rick Perry for decriminalization of pot

    01/23/2014 12:38:11 PM PST · by thetallguy24 · 57 replies
    San Antonio Express News ^ | 01/23/2014 | Kolten Parker
    SAN ANTONIO Texas Gov. Rick Perry signaled Thursday that he's for the decriminalization of marijuana use not legalization, but the softening of punishment for marijuana users in the border state. As governor, I have begun to implement policies that start us toward a decriminalization by introducing alternative drug courts that provide treatment and softer penalties for minor offenses, Perry said during an international panel on drug legalization at the World Economic Forum in Davos, Switzerland. His spokesman confirmed that Perry is staunchly opposed to legalization of marijuana because of the dangers that have been associated with the drug,...
  • Obama pot comments not meant to endorse legalization: White House

    01/23/2014 12:30:05 PM PST · by Tolerance Sucks Rocks · 23 replies
    The Washington Times ^ | January 22, 2014 | Dave Boyer
    President Obama wasnt trying to set new federal drug policy when he stated that Colorado and Washington state should go forward with new laws legalizing marijuana use, the White House said Wednesday. The presidents position on these matters hasnt changed, said White House press secretary Jay Carney. He made clear that he sees it as a bad habit and a vice, and not something that he would encourage. Hes not endorsing any specific move by a state, hes simply making an observation. Under federal law, marijuana use is illegal. The president has acknowledged smoking marijuana former friends in his...
  • Thus Spake the Potheads: The main arguments used to legitimize pot are pap.

    01/13/2014 5:41:21 PM PST · by SeekAndFind · 93 replies
    American Thinker ^ | 01/13/2013 | Selwyn Duke
    It's starting to appear as if marijuana users have become the homosexual lobby of the chemically dependent. What do I mean? Duck Dynasty's Phil Robertson could mention one sexual behavior (adultery) as disqualifying someone from the "kingdom of God," but mentioning that "other" sexual behavior? That's a boycottin', pardner! Likewise, there's no shortage of articles about the perils of smoking tobacco -- about how it causes lung cancer, emphysema and premature aging; about how it's a dirty, nasty habit -- all without indignant smokers crawling out of the woodwork to protest, between hacking coughs, that their passion is being unfairly...
  • New York State To Legalize Cannabis

    01/05/2014 12:19:36 AM PST · by Ueriah · 7 replies
    Reuters ^ | Ueriah
    ALBANY, N.Y. New York would become the 21st state to allow medical use of marijuana under an initiative Gov. Andrew Cuomo will unveil this week. Cuomo plans to use administrative powers rather than legislative action to allow a limited number of hospitals to dispense marijuana for certain ailments. He will formally announce his plans in his state of the state speech Wednesday.
  • Can legalizing pot ease our national debt?

    10/30/2013 3:38:46 PM PDT · by sdnet · 88 replies
    Small Government Times ^ | 2013-10-20 | Steve Adcock
    Libertarians have long supported the legalization of marijuana and putting an end to the expensive War on Drugs program on constitutional grounds, arguing the federal government has no business regulating drug use. But, the legalization of marijuana has an attractive side benefit as well it would flood government coffers with billions in additional revenue. According to a Cato Institute study, legalizing marijuana will result in an additional $8.7 billion in yearly federal and state tax revenue. In a time of excessive national debt and threats of a credit default, the prudent and expeditious dismantling of drug prohibitions is a...
  • For First Time, Americans Favor Legalizing Marijuana

    10/22/2013 2:35:59 PM PDT · by Olog-hai · 18 replies
    Gallup ^ | October 22, 2013 | Art Swift
    For marijuana advocates, the last 12 months have been a period of unprecedented success as Washington and Colorado became the first states to legalize recreational use of marijuana. And now for the first time, a clear majority of Americans (58%) say the drug should be legalized. This is in sharp contrast to the time Gallup first asked the question in 1969, when only 12% favored legalization. Public support for legalization more than doubled in the 1970s, growing to 28%. It then plateaued during the 1980s and 1990s before inching steadily higher since 2000, reaching 50% in 2011. A sizable percentage...
  • Oregon legalizes marijuana dispensaries

    08/15/2013 3:19:15 AM PDT · by Olog-hai · 3 replies
    Associated Press ^ | Aug 14, 2013 6:57 PM EDT | Jonathan J. Cooper
    Oregon is legalizing medical marijuana dispensaries. Gov. John Kitzhaber signed a bill on Wednesday giving the state authority to license, inspect and audit stores selling marijuana. Dozens of marijuana dispensaries exist already, but they are not explicitly allowed and operate in a legal gray area. Authorities have moved to shut them down in some areas.
  • Report: Colorado now a major exporter of illegal marijuana

    08/03/2013 12:12:48 PM PDT · by Red Steel · 36 replies
    kdvr ^ | updated on: 07:13am, August 2, 2013 | Thomas Hendrick
    DENVER The amount of illegal marijuana from Colorado and seized elsewhere quadrupled in the past few years, according to a report by a network of law enforcement organizations. The report found that in 2012, there were 274 seizures where the marijuana was destined for other states. In 2005, the number was 54. The most common destinations for the marijuana were Kansas, Missouri, Illinois and Texas. The size of the seizures also increased. From 2005 to 2008, the total average number of pounds seized was 2,220. From 2009 to 2012, it increased to 3,937. Most of the marijuana came from...
  • Rand Paul's immigration speech

    03/19/2013 7:04:07 AM PDT · by Perdogg · 116 replies
    03.19.13 | Hon Sen Rand Paul (KY)
    Por favor disculpen mi Espanol. Como creCI en Houston -es un poco ‘espanglish y un poco Tex Mex. I lived, worked, played and grew up alongside Latinos. As a teenager I worked alongside immigrants mowing lawns and putting in landscaping around businesses. I remember once asking one of the immigrant workers how much he was being paid. “Cuanto le Pagan por el trabajo? He responded “tres dolars.” I responded, “Yo tambien. Tres Dolars, por hora . . . ?” He shook shook his head, “No tres Dolars, por dia!” At a young age, I came to understand that it makes...
  • Pot Found In Burger King Kids Meal

    07/18/2013 10:20:58 PM PDT · by nickcarraway · 16 replies
    Monroe News ^ | Jul 18 2013 | Mia Balbin-Cuesta
    A family was surprised to find a pipe stuffed with marijuana inside a Kids Meal box that was purchased from the Burger King in Dundee Tuesday night, police said. The investigation led to charges being sought against an employee and two other young men all from the Dundee area. The marijuana was not intended to be sold in the childrens meal box, police said. Dundee Police Chief Dave Uhl said a 23-year-old employee admitted to placing the pipe inside a Kids Meal box in an apparent effort to hide the pot while he was working.
  • Legal pot prompts a question: What about hash?

    07/14/2013 8:25:52 AM PDT · by Olog-hai · 20 replies
    Associated Press ^ | Jul 14, 2013 9:55 AM EDT | Gene Johnson
    Jim Andersen has a 40-year history with hashish, the concentrated cannabis sometimes referred to as the cognac of the marijuana world. When he served in the Air Force in Southeast Asia, he said he smuggled it home in his boots. When he was in grad school in California, he made it with a centrifuge in a lab after hours. So when Washington was on the verge of legalizing the sale of taxed pot last fall, Andersen decided to move back to his home state and turn his hobby into a full-time, legitimate paychecka business that would supply state-licensed, recreational marijuana...
  • Obama Calls Rubio to Congratulate Him on Immigration Reform

    06/28/2013 3:11:01 PM PDT · by Sub-Driver · 44 replies
    Obama Calls Rubio to Congratulate Him on Immigration Reform by Breitbart News 28 Jun 2013, 1:59 PM PDT post a comment On Friday, President Obama took time out from his trip to Africa to call members of Senates so-called Gang of Eight, including Sen. Marco Rubio (R-FL), to congratulate them on the immigration reform bill that passed the Senate on Thursday in a 68-32 vote. Obama was unable to actually reach Rubio. Obama also called Speaker of the House John Boehner (R-OH) to push him to take up the Senates immigration reform package. Jay Carney, White House spokesman, did not...
  • Colorado Sees Spike In Children Accidentally Eating Marijuana-Laced Foods

    05/28/2013 1:48:48 AM PDT · by Ghost of Jesus Gil · 60 replies
    Albany Tribune ^ | May 27, 2013 | Albany Tribune
    A new study shows the relaxation of marijuana laws in Colorado has caused a significant spike in the number of young children treated for accidentally eating marijuana-laced cookies, candies, brownies and beverages.
  • High tolerance: NYC on the road to decriminalizing pot

    05/13/2013 4:46:22 PM PDT · by Tolerance Sucks Rocks · 9 replies
    The New York Post ^ | May 12, 2013 | Brad Hamilton
    New York City is going green with ganja. Pot arrests and seizures are plummeting as low-level offenders duck jail and cops ease off dealers, who are racking up record profits, police sources say. Gov. Cuomo vowed in January to wipe out the lowest marijuana charge fifth-degree criminal possession for those caught lighting up in public or flashing their stash. The crime, which currently calls for an arrest if the pot is in public view or weighs more than 25 grams, accounted for 149,951 of 155,048 marijuana busts in New York City since 2010 99.2 percent of...
  • Shocking 4,620% Increase in Belgium Euthanasia Cases Since Legalization

    04/09/2013 10:21:12 AM PDT · by Nachum · 9 replies
    Life News ^ | 4/9/13 | Dr. Peter Saunders |
    I have previously highlighted the rapid escalation of euthanasia and assisted suicide cases in the Netherlands, Oregon and Switzerland in recent years but Belgium is eclipsing all of these countries in the race to become the world leader. In 2012, the number of euthanasia cases in Belgium increased by 25%, from 2011 reaching a record level of 1,432 since the practice was legalized in the country in 2002. The Federal Control and Evaluation euthanasia (FCEE), in publishing the data, is now considering to extend the right to citizens who suffer from degenerative mental illnesses like Alzheimers and also children. A...
  • Legalization vs. Enforcement What the American People Think on Immigration

    04/05/2013 7:25:00 AM PDT · by AuntB · 14 replies
    CIS ^ | April 5, 2013 | Steven A. Camarota
    WASHINGTON (April 5, 2013) This Backgrounder reports the results of a new Pulse Opinion Research poll, which finds that most Americans want immigration laws enforced. When given a choice between reducing the illegal immigrant population by enforcing the law or a conditional legalization, the public strongly prefers enforcement. This is especially true of Republican voters. GOP leaders who support legalization risk alienating not only the general public, but the overwhelming majority of their own party. We also find that a majority of voters and Republican voters in particular say they are less likely to vote for their member of...
  • 'Zombie' attack Indianapolis video: David Martin fights off cops, stun gun shocks in 'ninja' attack

    07/04/2012 5:27:02 PM PDT · by dynachrome · 26 replies
    wptv.com ^ | 7-4-12 | WPTV Web Team
    A naked man went on a rampage against police officers, doing ninja-like flips and ignoring stun gun shocks -- and it was all caught on video. David Martin, 27, was recorded running down the middle of a street, punching people during a violent frenzy in Indianapolis on May 20, Fox 59 reports . According to nydailynews.com , police attempted to subdue Martin with a stun gun, tackling him to the ground. Despite Martin's shrieks and screaming, the shocks had no effect on his mobility, and he continued to fight the officers with kicks. He is seen doing somersaults while fighting...
  • MI: Ravenna man charged with 15-year felony in alleged marijuana-linked traffic death

    06/19/2012 3:14:12 PM PDT · by sbMKE · 13 replies
    Muskegon Chronicle. ^ | 6/19/12 | John Hausman
    MUSKEGON, MI -- Steven Paul Spencer of Ravenna has been charged with driving while intoxicated causing death for allegedly smoking marijuana and causing a head-on crash Saturday on Heights Ravenna Road. The crash killed John Shumaker, 37, of Grand Haven. Spencer, 24, faces up to 15 years in prison if convicted of the felony. According to court records, he posted a $25,000 surety bond Sunday after a Muskegon County 60th District Court magistrate signed a warrant for his arrest. Spencer was scheduled for a walk-in arraignment June 29. The crash happened around 4:20 p.m. on Heights Ravenna near Ensley Road...
  • Cannabis health dangers 'underestimated' (factually wrong)

    06/06/2012 6:14:32 PM PDT · by PreciousLiberty · 68 replies
    The Telegraph ^ | 06 Jun 2012 | Stephen Adams
    A third of people think cannabis is harmless, despite it being 20 times more carcinogenic to smoke than tobacco, according to a report published today (Wednesday). Young people are particularly ignorant of the health dangers posed by smoking cannabis, found the British Lung Foundation. The British Lung Foundation, which produced the report, said there was an alarming disconnect between public perception of the drug as safe, and the serious, even fatal impact it can have. Almost nine in 10 people think tobacco cigarettes are more damaging to health than cannabis ones, found the BLF. The charity reviewed existing scientific evidence...
  • Obama says drug legalization not answer to cartels

    04/14/2012 10:00:27 AM PDT · by Free ThinkerNY · 11 replies
    Associated Press ^ | April 14, 2012
    CARTAGENA, Colombia President Barack Obama says legalizing drug use is not the answer to trafficking in illegal narcotics in the Americas, countering a growing chorus in Latin America to discuss decriminalization as a way to ease deadly cartel violence. Obama says he is open to having a debate about legalization but he doesn't believe it will lead to an agreement to legalize drugs.
  • Pat Robertson Backs Legalizing Marijuana

    03/08/2012 8:30:25 AM PST · by AnTiw1 · 277 replies
    Clem Britt/AP ^ | Jesse McKinley
    Of the many roles Pat Robertson has assumed over his five-decade-long career as an evangelical leader - including presidential candidate and provocative voice of the right wing - his newest guise may perhaps surprise his followers the most: marijuana legalization advocate. "I really believe we should treat marijuana the way we treat beverage alcohol," Mr. Robertson said in an interview on Wednesday. "I've never used marijuana and I don't intend to, but it's just one of those things that I think: this war on drugs just hasn't succeeded."
  • Legalizing Marijuana: Why Joe Biden Should Listen to Latin Americas Case

    03/07/2012 12:16:09 PM PST · by AnTiw1 · 51 replies
    TIME.com ^ | 03/06/12 | Tim Padgett
    It started last summer, when it seemed that Mexican President Felipe Caldern had understandably reached the end of his rope. After 52 innocent people were massacred in August by drug gangsters who set fire to a Monterrey casino 52 added to the almost 50,000 drug-related murders in Mexico since 2006 an angry Caldern said that if Americans were so determined and resigned to consume drugs, then they should seek market alternatives in order to cancel the stratospheric profits fueling the ghastly narco-bloodshed. Everyone agreed that by market alternatives, Caldern meant some sort of drug legalization.
  • Ron Paul on Morton Downey Show in 1988

    12/24/2011 6:23:25 AM PST · by Tolerance Sucks Rocks · 9 replies
    Youtube ^ | October 10, 2011 | VoteRonPaul12
    Part 1Part 2Part 3
  • "Newt Gingrich Facing GOP backlash Over 'Humane' Immigration Policy" (U.K. Guardian)

    11/23/2011 9:05:05 PM PST · by AmericanInTokyo · 103 replies
    The Guardian (United Kingdom) ^ | 24 November 2011 | Ewen MacAskell (in USA)
    Conservative activists believe Gingrich's views on illegal immigrants has opened up the field for another GOP candidate...
  • The 100% Tax

    08/07/2011 7:22:35 AM PDT · by christofortruth · 14 replies · 1+ views
    WWFT ^ | 8/7/2011 | ChristoForTruth
    When we usually speak of taxes we tend to personalize it. For all the hyper-morality we tend to wax fancy about on the macro level, taxes are the one thing we always seem to have to do a little philosophic double-take on. Messing with your money is messing with your own self, your own identity. Really, it is.Income tax, of course, effects most of us--but seemingly, unfortunately, never enough of us. Property tax is in the news every time the liberal sadists here throw a school levy up for vote. Usually we're all connected in some way to the guilt-fest,...
  • Richard Branson wants to legalize drugs

    06/03/2011 9:07:22 PM PDT · by Al Gore Vidal · 16 replies
    Guardian UK ^ | 4/6/2011 | Dominic Rushe
    One of Britain's best known entrepreneurs and a man who knows a thing or two about counterculture Richard Branson is joining calls for an end to the War on Drugs
  • 'Legal weed ruined my life'

    04/11/2011 5:35:44 AM PDT · by AustralianConservative · 75 replies
    Bay of Plenty Times ^ | April 4, 2011 | Jamie Morton
    A young Tauranga man wants "legal weed" banned, claiming an addiction to it drove him to steal and left him riddled with anxiety. Student Robert Moore, 23, (pictured) says he smoked up to $80 of Kronic each day and claims the marijuana alternative has had damaging psychological and physical effects on him. But Kronic has rejected the claims, saying its products are not addictive and are harmless unless used irresponsibly. The R18 synthetic cannabinoid is made from a mixture of dried herbs and is available at about 20 outlets across the Western Bay. The product usually contains the 1,1-dimethyloctyl homologue...
  • Insider Trading: Legalize It? It is more common than most regulators admit

    04/06/2011 6:27:44 AM PDT · by SeekAndFind · 22 replies
    Smart Money ^ | 04/05/2011 | Jack Hough
    Insider trading is more common than most investors know and regulators admit. Back in 1974, a paper published in the Journal of Financial Economics showed shares of the average takeover target beat the market by 14% over seven months prior to the announcement. Last month, a study published in the Journal of Multinational Financial Management found abnormal returns of nearly 7% during the 50 trading days before deal announcements. At least shares also jumped an average of 13% on announcement day, according to the recent study. That shows some investors were surprised. In the United States, it's a crime to...
  • Tunisia's interim govt legalises Ennahda Islamist movement

    03/01/2011 7:54:13 PM PST · by Tolerance Sucks Rocks · 6 replies
    France24 ^ | March 1, 2011 | News Wires/AFP
    AFP - Tunisia's Islamist movement Ennahda, banned under the regime of Zine El Abidine Ben Ali who was toppled in January, has been legalised 30 years after it was formed, it announced Tuesday. "The Ennahda movement has just been legalised," spokesman Ali El-Aryadh told AFP. The interim government installed after Ben Ali's fall on January 14 after weeks of street protests granted unprecedented freedoms and allowed exiles to return despite the bans from the old regime. Ennahda (Awakening) leader Rached Ghannouchi returned on January 30 after nearly 20 years in exile, mostly in London, to be welcomed by thousands of...
  • Drug Legalization Is a 'Legitimate Topic for Debate,' Obama Says

    01/28/2011 10:38:29 AM PST · by Free ThinkerNY · 75 replies
    Time Magazine ^ | Jan. 28, 2011 | Maia Szalavitz
    It's been 40 years since President Nixon's "War on Drugs." Is it possible that peace talks are now at hand? On Thursday, President Obama said the question of drug legalization and regulation is an "entirely legitimate topic for debate" the first sitting president to do so since cocaine, heroin and marijuana were made illegal in the U.S. In a question-and-answer session on YouTube, in which the top 10 questions submitted to the President focused on drug policy, Obama responded thoughtfully to that query from a representative of Law Enforcement Against Prohibition, a group of former law enforcement professionals whose...
  • George Soros Agenda for Drug Legalization, Death, and Welfare

    01/10/2011 9:25:10 AM PST · by combat_boots · 13 replies
    We the People of the United States (Blog)2010 ^ | September 26, 2010 | Rachel Ehrenfeld, Author, via newssleuth
    Posted By Newssleuth I think that this old article from 1997 is important enough to post today. . I am sort of deus ex machina- I am something unnatural, George Soros says of himself. . Described by the New York Times as The worlds single largest donor (Dec. 17,1996), Soros uses his philanthropy to change or more accurately deconstruct the moral values and attitudes of the Western world, and particularly of the American people. While others give to the arts and higher education or to better the quality of the lives of their fellow men, Soros funds campaigns...
  • Newest supporter of marijuana legalization: Pat Robertson? (Who woulda thunk?)

    12/23/2010 7:48:48 AM PST · by SeekAndFind · 31 replies · 3+ views
    Hotair ^ | 12/23/2010 | Allahpundit
    A remarkable catch by lefty site Raw Story. “It got to be a big deal in campaigns: ‘He’s tough on crime,’ and ‘lock ‘em up!’” the Christian Coalition founder said. “That’s the way these guys ran and, uh, they got elected. But, that wasn’t the answer.”His co-host added that the success of religious-run dormitories for drug and alcohol cessation therapy present an “opportunity” for faith-based communities to lead the way on drug law reforms.“We’re locking up people that have taken a couple puffs of marijuana and next thing you know they’ve got 10 years with mandatory sentences,” Robertson continued. “These...
  • Pot penalties reduced in California

    10/02/2010 1:31:18 AM PDT · by South40 · 80 replies
    San Diego Union-Tribune ^ | OCTOBER 1, 2010 | MATTHEW T. HALL AND HAILEY PERSINGER
    Starting in January, getting caught with an ounce or less of marijuana in California will be an infraction on par with jaywalking and littering and not a misdemeanor that can tie up juries and show up on criminal background checks for job applicants. Gov. Arnold Schwarzenegger signed the law Thursday, but said it doesnt change his opposition to Proposition 19, the Nov. 2 ballot measure that would legalize possession and personal use of up to an ounce of marijuana. Reaction was predictably divided Friday. Both sides of Proposition 19, which voters will settle on Nov. 2, tried to use...
  • Midterms imperil immigration bill

    09/14/2010 8:29:40 AM PDT · by BradtotheBone · 15 replies
    Politico ^ | 9/14/10 4:48 AM EDT | CARRIE BUDOFF BROWN
    A Republican rout in November would usher in a class of Senate freshmen who ran on pledges of no amnesty for illegal immigrants a changing of the guard that could doom President Barack Obamas already faint chances of passing a comprehensive immigration reform bill in his first term. Immigration reform advocates could see turnover in 17 seats held by Democrats and Republicans who, at one point, voted for a pathway to citizenship for illegal immigrants, according to a POLITICO analysis of the Senate campaign field. In all cases, the Republicans running for those seats have vowed to never support...
  • California's Prop 19, on legalizing marijuana, could end Mexico's drug war

    09/06/2010 6:27:17 AM PDT · by La Lydia · 61 replies · 1+ views
    Washington Post ^ | September 6, 2010 | Hctor Aguilar Camn and Jorge G. Castaeda
    On Nov. 2, Californians will vote on Proposition 19, deciding whether to legalize the production, sale and consumption of marijuana. If the initiative passes, it won't just be momentous for California; it may, at long last, offer Mexico the promise of an exit from our costly war on drugs...We have believed for some time that Mexico should legalize marijuana and perhaps other drugs. But until now, most discussion of this possibility has foundered because our country's drug problem and the U.S. drug problem are so inextricably linked... Proposition 19 changes this calculation...Our overall trade with the largest state of the...
  • McCain drops by Kingman to speak with area Realtors (where he touts amnesty, mortgage bailouts)

    09/04/2010 7:25:03 AM PDT · by rabscuttle385 · 19 replies
    The Daily Miner, Kingman, Ariz. ^ | 2010-09-03 | Suzanne Adams
    (snip) Aid to the housing market should have been included with the plan to bail out the banks, McCain said. But several in Congress felt that once the banks were bailed out, the banks would turn around and offer loans and other help to the real estate market. That didn't happen, McCain said. The real problem is Fannie Mae and Freddie Mac, he said. The federal government has dumped $45 billion into the two programs, the same outfits that caused the housing crisis by giving out loans to people who couldn't afford to pay them back, he said."I want everyone...
  • McCain: Mexico violence could spill into Arizona (MCRINO ALERT)

    08/26/2010 5:11:47 PM PDT · by rabscuttle385 · 63 replies
    AP ^ | 2010-08-26
    PHOENIX (AP) - Citing the killing of 72 migrants in northern Mexico, Senator John McCain says he's worried that border-region violence will spill into Arizona. The Arizona Republican said the level of violence in Mexico is, in his words, "incredible. It is out of control and it will sooner or later spill to our side of the border unless we get the border secure."
  • McCain prevails but road ahead unclear (oh boy)

    08/25/2010 11:48:32 AM PDT · by OldDeckHand · 127 replies · 1+ views
    MSNBC.com ^ | 08/25/2010 | Tom Curry
    A maverick no more, Ariz. senator fends off challenge from the right What's to become of John McCain? Until Nov. 4, 2008, the Arizona senator could cherish the hope that his future depended more on New Hampshire and Florida voters than on those back home. But with his loss to Barack Obama in the presidential race, McCain's Arizona electorate reclaimed its career-ending power over him.