Swap Meet: Drugs, Money & the Underwear Bandit

Jul24

Today Calbuzzard and Chief Editorial Pen Stabber Tom Meyer buzz kills the state Democratic party which, for reasons that remain hazy, made a hash of their chance last weekend to endorse the Prop. 19 initiative to legalize pot.

Following the half-baked example of Bill Clinton, members of the party’s executive committee wasted the political advice of chairman John Burton, who suggested their support would turn on the key cohort of younger voters.

Instead they honored the joint wishes of the Dem’s geezer headliners, would-be governor Jerry Brown and Senator Barbara Boxer, who found the idea a total bummer.

Call now while supplies last: Calbuzzers interested in owning a full color print of a Meyer cartoon can email Tom at tom@meyertoons.com .

Hits and misses: If there’s one thing that makes our blood boil, it’s the legions of adolescent journalists who find it amusing to make puerile jokes about the burning issues raised by Prop. 19.

That’s why we were delighted to learn that Slate has launched “Cash Crop,” a new blog focused on the serious business and political economy issues of marijuana, written by Bay Area journalist Dan Mitchell:

Over the past few months, whenever I’ve told people about my idea for a blog covering the business and political economy of marijuana, I’ve gotten one of two responses: They either said it was a great idea or they put on their best stoner accent and said something along the lines of “Ohhh, duuuuude. That sounds bitchin’.”

… the different responses highlight what I think could be a major challenge—making people realize that neither this blog nor the subject it covers is a lark or a joke. Though I will always try to make it fun, Cash Crop is a serious blog about a serious business.

How serious? Marijuana is one of the top cash crops in the United States (by some measures it is the top cash crop). So why is there so little coverage of this business, as a business? Consider that California is veritably peppered with medical-marijuana facilities, as other states increasingly are. Or consider that marijuana sales generate about $15 billion of revenue a year in California alone—twice as much as the state’s dairy industry.

eMeg’s not a candidate, she’s a trend: When last we saw NY Timesman Michael Luo, he was exposing the $1 million sweetheart deal Mike Murphy scored with the eMeg Empire; now comes Luo, with colleague Damien Cave, to offer the first quantitative analysis of the growing trend of zillionaires running for office:

Call it the Great Recession paradox. Even as voters express outrage at the insider culture of big bailouts and bonuses, their search for political saviors has led them to this: a growing crowd of über-rich candidates, comfortable in boardrooms and country clubs, spending a fortune to remake themselves into populist insurgents…

Through just the second quarter of the year, at least 42 House and Senate candidates — 7 Democrats and 35 Republicans — in 23 states had already donated $500,000 or more of their own money to their campaigns, according to the most recent data available from the Center for Responsive Politics. That list does not even include governors’ races, and the roster promises to grow as the campaign season progresses and spending escalates.

Impressive numbers at first glance, but consider: if each of the 49 congressional candidates cited as spending at least $500K of their own cash actually spent $1 million each, it would be only half of what Our Meg has already forked out on her own, for what communications director Tucker Bounds likes to call the “movement” backing her play for governor.

All power to the people!

Press Clips: Josh Richman deserves combat pay just for staying awake – but came back with all you need to know about the Prop. 23 debate.

Eric Alterman’s door stop piece on why we can’t have a progressive president is worth the two weeks it takes to read.

Who ducked the media first – the chickens or the Meg?

Wonder how David Brooks knows so much about narcissism?

Krauthammer does too!

Jon Meacham gets his swirl on: Why Newsweek is failing, Chapter 37.

Don’t try walking home drunk alert: surrealistic sidewalks.

Today’s sign the end of civilization is near: Oklahoma, OK!


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There are 3 comments for this post

  1. avatar chrisfinnie says:

    Poor Charlie. This is a typical Krauthammer hit piece. He is so obviously jealous of Obama that it’s painful to hear. It’s equally obvious that even he doesn’t like himself. And he just can’t stand it that people like Barack better. Charlie is a very sad person and I feel sorry for him. Not sorry enough though to listen to the bile he spews out of his own anger and self pity.

    On a lighter note, the sidewalks are rad!

  2. avatar GeoHagop says:

    As I recall, Clinton got into national politics by looking the other way when the CIA wanted to use Arkansas as a drug trafficking hub.
    http://www.realchange.org/clinton.htm#mena

  3. avatar chrisfinnie says:

    If only I’d known! I’d have thought Arkansas a much cooler place.

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