
Armstrong: Coram deserves praise for his efforts on hemp
Although Coram failed at the farming end of it, he helped to clear up legal barriers to producing hemp. I suspect Betsy Ross and George Washington would be proud.

Although Coram failed at the farming end of it, he helped to clear up legal barriers to producing hemp. I suspect Betsy Ross and George Washington would be proud.

Colorado Congressmen strenuously object to AG Sessions rescinding Obama-era federal prosecution guidance on state-legal marijuana.

Again, don’t make the rookie mistake of assuming that “marijuana-related” incidents are related to marijuana.

As Childears observed, “an act of Congress is the only way to solve this problem.”

As Childears observed, “an act of Congress is the only way to solve this problem.”

It’s ironic that one of the few “states’ rights” battles won in recent times was Colorado’s decision to legalize marijuana in the teeth of federal laws to the contrary. Pot really isn’t legal in Colorado, of course. The federal government still bans the stuff. And in Gonzales v. Raich (2005), the Supreme Court held that the federal ban is valid and the supreme law of the land. Last I looked, Colorado was still part of “the land.”

If the Denver City Council holds the power to ban people from smoking marijuana on their private property because some people disapprove of that lifestyle, what will prevent the them from banning people from smoking cigarettes or cigars, drinking alcohol, engaging in kissing, or even holding hands if enough people disapprove of their lifestyle?

If the Denver City Council holds the power to ban people from smoking marijuana on their private property because some people disapprove of that lifestyle, what will prevent the them from banning people from smoking cigarettes or cigars, drinking alcohol, engaging in kissing, or even holding hands if enough people disapprove of their lifestyle?

The latest version of Denver’s rules for marijuana consumption eliminates the widely derided “smell test,” which would have made pot smoking illegal when other people can smell it, even if you do it on your own property.

Not only are pot taxes likely to be sky high, various sorts of restrictions on pot shops may well make it easier to buy, sell, and use black-market marijuana rather than the legal variety.

From a consumer’s perspective, something has gone terribly wrong if legal marijuana prices do not end up being substantially lower than black-market prices.

Since Denver is Colorado’s largest city and home to most of its MMCs, the cannabis cartel it is establishing will have a big impact on the industry, especially since other municipalities are apt to copy Denver’s approach.
Who’d have believed that Bernie Sanders, a ranting disheveled old man could rise to become the modern-day reincarnation of Vladimir Lenin, with a Brooklyn accent, evangelizing for socialism in the USA and building a legion of useful idiots? (Clue: Bernie and his wife honeymooned in the Soviet Union.) He’s certainly not charismatic. So, he shrewdly recruited AOC as his partner, a weird May-December relationship, for a road show last winter called the “Fighting Oligarchy Tour.”
Bernie’s schtick is throwing around a barrage of angry, demagogic, simplistic, exaggerated, inflammatory slogans to rile up gullible malcontents. The slogan for this tour was that America has become an “oligarchy.” Let’s start with the definition of that term. Oligarchy: noun, a form of government in which the ruling power belongs to a small wealthy group that controls the economy and makes laws and political decisions to preserve its own power.
Really? Who are the members of this oligarchy of wizards that possess the superpower to run our government, our military, our foreign policy, and our intricate economy with literally millions of businesses large and small? No such thing exists. This is a contrived fantasy to fuel Bernie’s socialist crusade. Ironically, such an oligarchy is more likely to be found in totalitarian socialist states where opposition political parties are banned and the only names on ballots in their mock elections are members of the official Communist party. Such states control every facet of your life with an iron grip like the former Union of Soviet “Socialist” Republics, Cuba, North Korea, China — or Iran’s theocracy of ayatollahs. The American republic’s system of government with its separation of powers, checks and balances, and its highly competitive free market economy is too complex and independent to be ruled by a small cabal of evil billionaires.
If this imaginary oligarchy controls the federal government, why did it bounce back and forth through a procession of presidents with wildly different political agendas from 2000 – 2024: Bush, Obama, Trump, Biden, and Trump (again)? Or did the “oligarchy” only emerge in 2024 with Trump’s reelection? And what secret power does it have over him, the Republican majority in Congress, and conservative justices on the Supreme Court? How do the oligarchs manipulate state governments with big cities nominally run by Democrats? And what power does it have over rural America that favors Republicans?
Bernie used to attack millionaires. Now that he’s one himself, he’s shifted his wrath to billionaires (adjusting for inflation, they were called millionaires in the 19th century). But today’s billionaires can’t be an all-powerful oligarchy because they’re not monolithic and have differing beliefs and political agendas. Elon Musk is a conservative who sides with Donald Trump (they’ve hugged and made up). George Soros funds countless causes on the radical left (so he’s immune to criticism form Bernie and AOC). The Koch brothers are libertarian. A host of billionaires that favor Democrats and lean left includes Tom Steyer, Michael Bloomberg, Warren Buffet, and Laurene Powell Jobs (yeah, the widow of Steve, the guy who created Apple).
All these folks can’t be on the same team. By definition, oligarchs are unified.
Billionaires have a lot of influence but they don’t have a monopoly on that. So do people with low or no income that are the Democrats’ core voting constituency. Other powerful influencers include labor unions (especially the teacher unions), academia, public education, the press and TV broadcast media (mostly leftist), social media and podcasters.
Bernie claims “capitalism in the U.S. benefits only a few.” A “few?” Like what, 3 or four people out of 340 million? Be serious. Americans enjoy the highest standard of living in the world directly derived from our capitalist economy. Those who excel, like successful entrepreneurs and CEOs, professional athletes, inventors, actors and Taylor Swift make a fortune, generously donate to causes and foundations, and pay a lot in taxes. Most Americans are somewhere in the middle, and those on the bottom are supported by countless social welfare programs at the federal, state and local level.
Capitalism has certainly benefited Bernie, a man with little marketable talent who somehow became a millionaire. But wait; he’s never had a real job in the capitalist private sector. It’s all been in politics and government office at taxpayer expense derived from our capitalist economy.
Bernie claims, “A handful of billionaires have more wealth than they could spend in a thousand years.” If he had any understanding of economics, which he doesn’t, he’d know that most of it is invested. Capital formation is the lifeblood of any economic system.
What they spend is none of his business, they earned it.

Colorado’s water seems to be missing. Where did it go? PowerGab Host Amy Cooke discusses this topic with the president of the Natural Resources Group, Greg Welcher.
Show Notes:

Colorado is considering a $4.7 billion passenger rail plan—but will it actually ease congestion, and who ultimately pays for it? Transportation policy expert Randall O’Toole joins us to explain why even a lifelong train lover has serious concerns.