America, and especially California, are in dire economic straits. Their day of fiscal reckoning is coming and it’s not going to be pretty. Consequently, it is has been suggested that something dramatic will have to happen for Congress to pass any form of relief because the American public was bitterly against the TARP and the Stimulus bill. I’m not advocating another massive bailout for the states, but it seems that if something meaningful is not done soon to restore economic viability to the United States, it will shatter into a million pieces.
Perhaps a shattering of current systems is what is needed to rebuild local economies with truly free markets. We certainly can’t count on the anti-capitalism mega-monopolies, who have merged with Federal and state governments, to fix this mess and provide for our local well-being. The economy must grow one town, one city, and one state at a time in a free and organic way. Incidentally, our Republic was designed to allow this local freedom to govern and grow the economy as they see fit.
California, because of its rivers of red ink, is the first state making a serious attempt to challenge Federal drug laws by voting on Prop 19 decriminalizing marijuana. Less than a decade ago, ending prohibition of marijuana would have seemed like a radical idea, but today it seems like a harmless pragmatic solution to an economy in crisis. Furthermore, the public is beginning to realize that the prohibition of anything we wish to ingest, especially something as mellow as weed, is anti-freedom.
Read the Full Article: Can Legalizing Marijuana Save California, Our Republic?.
