ryoder 1,590 #1 December 27, 2015 WP article: https://www.washingtonpost.com/news/wonk/wp/2015/12/23/the-feds-just-shut-down-a-huge-program-that-lets-cops-take-your-stuff-and-keep-it/ Opinion piece on it: http://boingboing.net/2015/12/27/doj-shuts-down-asset-forfeitur.html This seems to be saying Congress cut the budget deliberately to shut it down. If so, kudos to Congress! John Oliver's story on asset forfeiture from a year ago: https://www.youtube.com/watch?v=3kEpZWGgJks"There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones. Quote Share this post Link to post Share on other sites
cvfd1399 0 #2 December 28, 2015 Hell yeah. They banned federal agents from policing medical marijuana users or raiding dispensaries in any state or district where it is legal, now this! http://www.latimes.com/nation/la-na-medical-pot-20141216-story.html Quote Share this post Link to post Share on other sites
ramalamading 0 #3 December 28, 2015 If they have the votes to cut the funding for it, then I don't understand why they don't just use the same votes to shut down the law behind it. Quote Share this post Link to post Share on other sites
Rick 67 #4 December 28, 2015 they really need to address thisYou can't be drunk all day if you don't start early! Quote Share this post Link to post Share on other sites
cvfd1399 0 #5 December 28, 2015 Yeah there was rumors early in the Colorado experience of dispensary owners having to hold hundreds of thousands of dollars on hand. Quote Share this post Link to post Share on other sites
Rick 67 #6 December 28, 2015 could be a real danger to the shop owners having to deal strictly in cashYou can't be drunk all day if you don't start early! Quote Share this post Link to post Share on other sites
JerryBaumchen 1,364 #7 December 28, 2015 Hi Rick, Quotecould be a real danger to the shop owners having to deal strictly in cash No 'could' about it; it is happening now here in Oregon. A retail pot shop was broken into just a week or so ago; they were after the cash, and they got a lot of it. A lot of cash is very tempting to a lot of people. Jerry Baumchen Quote Share this post Link to post Share on other sites
cvfd1399 0 #8 December 28, 2015 The DEA holding on to this dying notion that weed is the devil reminds me of some of the republican temper tantrums. Is obvious we as a nation have matured and evolved enough to accept that weed has its benifits, would be a great tax source, and is not half as bad as all the other junk they let us consume legally. Quote Share this post Link to post Share on other sites
JerryBaumchen 1,364 #9 December 29, 2015 Hi cvfd, Quotea great tax source I cannot give you a specific cite, but a number of months or so ago, I read in the WSJ, that the taxes from pot sales in Colorado are nowhere near what was expected. Hmmmmmm, Jerry Baumchen Quote Share this post Link to post Share on other sites
wolfriverjoe 1,523 #10 December 29, 2015 JerryBaumchenHi cvfd, Quotea great tax source I cannot give you a specific cite, but a number of months or so ago, I read in the WSJ, that the taxes from pot sales in Colorado are nowhere near what was expected. Hmmmmmm, Jerry Baumchen Hi Jerry, While 2014 fell short of projections ($44 mil collected, $70 mil projected), this year saw collections near $125 mil. They're collecting more in "Pot Tax" than booze. Link: http://www.huffingtonpost.com/entry/colorado-marijuana-tax-revenue-2015_560053c4e4b00310edf806d3 Search "tax revenue from marijuana" for a lot more info."There are NO situations which do not call for a French Maid outfit." Lucky McSwervy "~ya don't GET old by being weak & stupid!" - Airtwardo Quote Share this post Link to post Share on other sites
JerryBaumchen 1,364 #11 December 29, 2015 Hi joe, Quote They're collecting more in "Pot Tax" than booze. Thanks for the update; I do appreciate the info. Now, just maybe, with more 'Pot Tax' the price of my booze may come down. NOT!!!!!! Jerry Baumchen PS) I don't have a dog in the pot fight as I've never used it; now booze, well that is a whole different story. Rather nice to know that the proposed tax numbers are turning out to be as hoped or better. Quote Share this post Link to post Share on other sites
winsor 236 #12 December 29, 2015 JerryBaumchen Hi joe, Quote They're collecting more in "Pot Tax" than booze. Thanks for the update; I do appreciate the info. Now, just maybe, with more 'Pot Tax' the price of my booze may come down. NOT!!!!!! Jerry Baumchen PS) I don't have a dog in the pot fight as I've never used it; now booze, well that is a whole different story. Rather nice to know that the proposed tax numbers are turning out to be as hoped or better. I don't drink, smoke or take recreational drugs of any type, nor do I recommend doing so. Having said that, marijuana is like a Gift from God (tm) compared to ethanol. While narcotics get all the press, one is more likely to become addicted to alcohol after tasting their first beer than to become addicted to narcotics after their first puff of opium or whatever. One is also more likely to die of alcohol than of narcotics. The lethal dose of marijuana is basically being under a bale that breaks loose from the loading sling and lands on your head. People drink themselves to death all the time. Smoking much of anything is not good for your lungs, but the damage to the liver and other internal organs effected by alcohol can be amazing. Long term consumption of marijuana has documented psychological effects, but there is no marijuana analog to 'wet brain,' or any of the other devastating neurological effects that are all too common with alcohol consumption. All things considered, I'd rather be on the highway with someone in the oncoming lane who had smoked pot than one who had polished off a six pack or more. I find it much more frightening to realize that there are people in traffic around me who have consumed alcohol than have consumed marijuana. The 'War on Drugs' has been describe as the 'Defense Attorneys' Full Employment Act.' BSBD, Winsor P.S.: what ever happened to the resident attorneys who used to post here? Quote Share this post Link to post Share on other sites
Coreeece 2 #13 December 29, 2015 winsor.The 'War on Drugs' has been describe as the 'Defense Attorneys' Full Employment Act.' P.S.: what ever happened to the resident attorneys who used to post here? I'm guessing Andy was eaten by another shark, and I think Lawrocket was last seen gleaming through a flux field into a plume of smoke - either that or they're busy lobbying to retain the Full Employment Act...Never was there an answer....not without listening, without seeing - Gilmour Quote Share this post Link to post Share on other sites
wmw999 2,452 #14 December 29, 2015 Dunno about Andy, but Lawrocket decided that real life beckoned. Wendy P.There is nothing more dangerous than breaking a basic safety rule and getting away with it. It removes fear of the consequences and builds false confidence. (tbrown) Quote Share this post Link to post Share on other sites
ryoder 1,590 #15 December 29, 2015 +1 to everything Winsor just said! winsor All things considered, I'd rather be on the highway with someone in the oncoming lane who had smoked pot than one who had polished off a six pack or more. I find it much more frightening to realize that there are people in traffic around me who have consumed alcohol than have consumed marijuana. And from my personal observations, a drunk is likely to be overconfident and driving well *over* the speed limit, while a pot-smoker is probably contentedly driving well *under* the speed limit. From P.J. O'Rourke: "Cruz opposes legalization of marijuana. I have two teenage daughters. I worry about them. And marijuana is a drug that makes teenage boys drive slow." Source: http://www.thedailybeast.com/articles/2015/12/21/hey-hipsters-please-save-us-from-ted-cruz.html"There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones. Quote Share this post Link to post Share on other sites
turtlespeed 221 #16 December 29, 2015 Iago***Yeah there was rumors early in the Colorado experience of dispensary owners having to hold hundreds of thousands of dollars on hand. Where I live there's a local who has a friend with a grow/dispensary in Colorado. He can't get a bank account so it is strictly a cash business. He has a hell of a time paying his quarterly taxes to the IRS. Turns out the IRS will not accept cash so he's pretty screwed. Bull shit. They do accept certified checks, bank checks, and money orders.I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun Quote Share this post Link to post Share on other sites
turtlespeed 221 #17 December 30, 2015 Iago*********Yeah there was rumors early in the Colorado experience of dispensary owners having to hold hundreds of thousands of dollars on hand. Where I live there's a local who has a friend with a grow/dispensary in Colorado. He can't get a bank account so it is strictly a cash business. He has a hell of a time paying his quarterly taxes to the IRS. Turns out the IRS will not accept cash so he's pretty screwed. Bull shit. They do accept certified checks, bank checks, and money orders. Correct, and he has to get rather creative to accomplish that when dealing with five and six figure amounts. He can't just show up with an armed escort, hand over a suitcase of money and get a receipt for taxes paid. The IRS will not take cash. A bank will not exchange his cash for a check as his business has no bank account. You won't get the post office to write you money orders for $10k's either and asking for 100 money orders for $500 each will probably get your cash seized for investigation. The actual methods used were undisclosed due to security reasons. My point was that not being able to use traditional banking methods causes a lot of problems and opens up many avenues for both fraud and theft. Maybe you should help him by copying this link and sending it to him. It would seem that I can call bullshit again.I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun Quote Share this post Link to post Share on other sites
mistercwood 287 #18 December 30, 2015 May have been some changes - while there's no date on the article, the comments are several years old and those are all saying that banks aren't doing it without an account.You are playing chicken with a planet - you can't dodge and planets don't blink. Act accordingly. Quote Share this post Link to post Share on other sites
turtlespeed 221 #19 December 30, 2015 mistercwoodMay have been some changes - while there's no date on the article, the comments are several years old and those are all saying that banks aren't doing it without an account. Face palm. I went to chase and Wells Fargo in the last three months and I have accounts at neither banks. Being an account holder is not a requirement. There is some paperwork needed when transactions are over a certain amount.I'm not usually into the whole 3-way thing, but you got me a little excited with that. - Skymama BTR #1 / OTB^5 Official #2 / Hellfish #408 / VSCR #108/Tortuga/Orfun Quote Share this post Link to post Share on other sites
