Mexico’s drug cartels will feel the pinch when California legalize Marijuana. Californians largely grow their own pot, which will affect the cartels in product. However, the cartels won’t be hurt financially; California counts only three percent of total profits.
Legalized marijuana will not stop the violence says Rand Drug Research Policy Center.
From the Houston Chronicle:
Mexico’s drug traffickers are likely to lose customers in America’s largest pot consuming state if California legalizes marijuana, but they won’t lose much money overall because California’s residents already prefer to grow their own, according to a study released Tuesday.
That means the proposal on the state’s November ballot to legalize marijuana also will do little to quell the drug gangs’ violent and sophisticated organizations that generate billions of dollars a year, according to the study by the nonpartisan RAND Drug Policy Research Center.
In an up coming New York Times Magazine article President Obama admits that there “there’s no such thing as shovel-ready projects”. In the interview the president looks back at his first two years as President:
It may be that regardless of what happens after this election, they feel more responsible, either because they didn’t do as well as they anticipated, and so the strategy of just saying no to everything and sitting on the sidelines and throwing bombs didn’t work for them,” Mr. Obama said. “Or they did reasonably well, in which case the American people are going to be looking to them to offer serious proposals and work with me in a serious way.”
In the magazine article, Mr. Obama reflects on his presidency, admitting that he let himself look too much like “the same old tax-and-spend Democrat,” realized too late that “there’s no such thing as shovel-ready projects” and perhaps should have “let the Republicans insist on the tax cuts” in the stimulus.
He pushed back against what he called the “mythology” that his 2008 presidential campaign had been flawless and that his presidency suffers by comparison.
New York Times
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