Governmental Monopolies R US

Have we all noticed that when the government seizes control of something, hyper-regulates, or pays for it that the cost of it generally increases? I don’t know what economic law that is but it bears out.

Whether you agree with this popular idea or not, it looks like states are chomping at the bit for legalization of recreational marijuana. It doesn’t matter if you agree or not, they appear set to do it. Many states are in the game, the race is on.

A big part of the sales pitch is the tax revenue states are going to get. Umm-hmm, good to lawmakers. People get high and they raise their revenues. Coffers go up and people are happy. And that is the idea anyway. What’s not to like about that?

Well, what happens in the interim is the price goes up. This is no problem for government. They don’t care. In fact, they just make more money. That’s a win for all those proponents of big government. Extra costs are passed down to consumers.

Now I know a a cancer patient who has one of those handy mari-j-uana cards. That card only allows him to purchase it at official distributors. But the price is so prohibitive in those places that this card-carrying customer seeks out the street market supply anyway, which, oddly enough, is below the government vendors price. Get it?

But if government is going to drive up the cost?

So all street dealers have to do is come in under that official price and the black market is rolling. (not much of a market war against gubmint) Of course, then no one is getting any tax revenues. But like we saw with toilet paper, there is always a market if there is demand, and always those looking to cash in on it.

The first deduction to make is that black market is not going away, if that was even the idea of it. The second is that government does not compete well, if at all. This is not only on marijuana but it is a good example. Plug in that formula elsewhere, you probably get the same results. Government = rising cost.

Onward to college. In that case there is no competition so government’s monopoly is safe. Yes, there are private colleges but student loans are the same. Unless one is a cash-paying customer, which few can afford. But then you are still paying the cost in a government-influenced market. Government only adds cost; it never seems to decrease it.

Then government comes up with the popular idea to forgive (pay off) student debts, to some degree. What do you think is going to happen to college costs? Of course. The push is for 50,000 in student debt relief. So the unacceptable bottom end becomes 10,000.

Want to bet college cost will go up by almost that amount, at least? But when you get millions of people rallying and demanding it, what is going to happen? Class dismissed.

Right Ring | Bullright | © 2021

Summer Green Sale

What would summer be without a good sale? So for a limited time only, if you buy a Ford Fusion you could drive it off the lot with a bonus load of marijuana in the trunk. Just for your patronage.

This is causing quite a stir around the country, as you can imagine. In Colorado, for instance, people have been lined up or even camping out in front of Ford dealers waiting for test drives.

Supplies are limited, so first come…..

See: https://www.clickondetroit.com/automotive/277-pounds-of-marijuana-found-in-downriver-shipment-of-ford-vehicles-from-mexico

Pot-Pandering for votes in Florida

Democrats Hope Pot Gives Them Boost in Florida

by Mike Flynn 14 Apr 2014 | Breitbart

Democrat operatives are openly touting a medical marijuana ballot initiative in Florida as a means of helping Democrats win elections in 2014, saying the move, which will likely help bring young voters to the poll, is necessary for the greater good.

“I wish that it didn’t take medical marijuana on the ballot to motivate our young voters to go and vote,” said Ana Cruz, former executive director of the Florida Democratic Party told the Associated Press. “But listen, we’ll take it any way we can get it.”
Midterm elections experience a steep drop-off in voter turnout compared with presidential elections. Those less likely to vote include young, minority and low-income voters, who are all important parts of the Democrat vote in elections.

In 2006, Democrat and union activists backed initiatives to increase the minimum wage in several battleground states to draw voters inclined to support Democrats to the polls. Democrats took control of Congress that year, although their win likely had more to do with Bush-fatigue and set-backs in Iraq than the narrow wage issue.

Democrats are banking on the chance to legalize some pot use to draw young voters in Florida, which is host to several competitive House races and a close Governor race.

It is a kind of “bank-shot” campaigning. The party fears that its direct message and platform isn’t enough to draw voters to the polls. So, it hopes that a side issue like medical marijuana will increase interest in the election and the voters most likely to support that initiative will then reflexively back the Democrat candidates.

http://www.breitbart.com/Big-Government/2014/04/14/Democrats-Hope-Pot-Gives-Them-Boost-in-Florida

If you didn’t like pot as an issue before, how do you feel about pot-the political issue now?

Pot is now THC to the DNC. “But listen, we’ll take it any way we can get it”: doesn’t that sum it up? I suppose that qualifies as medicinal use to them.