52% support marijuana legalization in a new Pew poll, compared with 45% who don’t. It’s the first national poll ever to show majority support for legalization.
The economic arguments in favor of legalizing pot are no hallucination. Forecasting firm IHS Global Insight reports that Washington state could pull down nearly $2 billion in additional revenue over five years, through fees on licenses granted to pot providers. Colorado, which would manage pot sales differently, could earn about $342 million from excise taxes over five years. In a tough economy, with voters staunchly opposed to most new taxes, that’s a meaningful amount of revenue.Will Pot Be the Next Obama Stimulus Plan? (via usnews)
Respect for the principles of democracy; respect for the states to make decisions on matters that primarily affect the residents of those states; the chance to conserve scarce federal financial resources — these we believe are many strong reasons for you to defer to the state decisions.Rep. Barney Frank and Rep. Ron Paul • In an open letter to President Obama, asking that his administration not interfere with recently passed ballot measures that legalized the recreational usage of marijuana in Washington and Colorado. The retiring House members have both long been advocates of reforming existing drug laws, and have repeatedly introduced federal decriminalization legislation in the past. The Department of Justice and Drug Enforcement Agency have remained relatively mum on the new laws, outside of signaling disapproval, though many expect to hear some word on the federal government’s stance in the days and weeks ahead. source
We have a natural fit with Colorado. I embrace the notion of being a spoiler. The two-party system is outdated. Politics right now is very status quo. It’s really like a non-choice.Libertarian presidential candidate Gary Johnson • Discussing the role he could play in Colorado, where the race is very tight and the state’s marijuana ballot initiative plays to his base’s strengths. He stands a chance to make an impact in the state than most for a few reasons: Libertarians tend to do better in western states, the party was founded in Colorado, and he’s perhaps the best-known candidate on the ballot who supports legalization — which is a hot topic in the state. Depending on how he does, he could take votes away from either Obama or Romney. Spoiler, indeed.