Smalls.....

[KAYNE]

I BELIEVE IT WAS YOU WHO SAID "WHY DOESNT AMERICA STAY OUT OF EVERYONE'S BUSINESS?" I AGREE FOR THE MOST PART BUT SOMETIMES, ITS JUST NOT POSSIBLE. AND HERE IS YOUR ANSWER:

A LITTLE SOMETHING CALLED THE BRETTON WOODS CONFERENCE. UNDER THE MISTAKEN BELIEF THAT NONINVOLVEMENT IN EUROPEAN AFFAIRS WOULD PROTECT THE U.S. FROM GETTING INVOLVED IN THE FUCKED UP EURO CONFLICTS (I.E...WWI), THE U.S. RETREATED INTO ISOLATIONISM. HOWEVER, IN THE 1930'S DURING THE RISE OF HITLER, THE U.S. BEGAN TO REALIZE ITS MISTAKES. WINSTON CHURCHILL AND PRESIDENT ROOSEVELT THEN MEET ON A BATTLESHIP (1941) WHICH BROUGHT ABOUT THE ATLANTIC CHARTER. ALL PARTIED INVOLVED AGREE THAT THE U.S. WOULD BE THE POLITICAL, MILITARY, AND ECONOMIC LEADER SINCE THE U.S.'S WEALTH, SIZE, AND POWER HAD SURPASSED BRITAIN DECADES EARLIER. ALONG WITH THAT, ITS LEADERSHIP DURING THE WAR GAVE IT PRESTIGE AND CREDIBILITY AROUND THE WORLD. ALSO, THE U.S WAS THE ONLY INDUSTRIAL NATION WHOSE INFRASTRUCTURE WASNT DAMAGED BY THE WAR. WE ALSO WERE THE ONLY NATION SET TO PROVIDE FINANCIAL CAPITAL AND PHYSICAL MATERIAL TO REPAIR ALL THE EFFECTS OF WWI

THE U.S. IS PROTECTING AGAINST 4 THINGS:
1. THE COLLAPSE OF INTERNATIONAL TRADE
2. A WORLDWIDE DEPRESSION
3. THE COLLAPSE OF THE INTERNATIONAL MONETARY SYSTEM
4. THE COLLAPSE OF INTERNATIONAL LENDING

(THATS THE GIST OF IT)


PS...I WAS MISTAKEN WHEN I MENTION THE LOUVRE AND PLAZA. I HAVE BEEN STUDYING LIKE CRAZY AND THAT WAS STUCK IN MY HEAD. I WAS TRYING TO SAY "CUSTA" IS A MAJOR REASON WHY CANADA IS STILL COMPETIVE IN TRADE WITH THE REST OF THE WORLD, ESP. THE U.S.


PSS....LETS KEEP THIS THREAD FROM GETTING OUT OF HAND.



KAYNE

 

[smallmovesal]

thanks for the history lesson (seriously).

i think we can differentiate between that and supplying warfare etc... to other nations. how many times has that come back to bite the US in the ass?

did you read the longass article i posted btw?

babe, i totally forget your aim handle.. pm or post it here pretty please.

 

[Crazier]

Kayne, Smalls...

What's up my bitches?
--

 

[KAYNE]

DIDNT GET A CHANCE TO CHECK THE BOARD SINCE EARLY YESTERDAY. I HAVE BEEN BUSY SINCE THEN AND JUST GOT HOME.

I AM SPEAKING OF PROVIDING WARFARE AND WHAT NOT.

YES, IT PROBABLY HAS CAME BACK TO BITE THE U.S. IN THE ASS (VIETNAM IMO) BUT I'M PRETTY SURE, AND THIS SEEMS TO BE THE GENERAL CONSENSUS FROM ECONOMINSTS FROM AROUND THE WORLD, THAT THE U.S. DOES MORE GOOD (I.E...PREVENTS SOME MAJOR SHIT) THAN BAD BY ITS POLICIES WITH SITUATIONS SUCH AS THE ONES AT HAND.


KAYNE

 

[KAYNE]

CRAZIER YOU HOMO....WUTS UP? HOWS YOUR DAUGHTER?



KAYNE

 

[Crazier]

CRAZIER YOU HOMO....WUTS UP? HOWS YOUR DAUGHTER?



KAYNE

Hey pillowbiter...

She's kickin' ass! Funny you asked on this thread, on Thursday night she had a school play where the theme was 'Proud to be American.' She was up on stage singing 'This Land is Your Land' and 'Yankee Doodle'... with a little dance routine... it was great.

I just talked to her tonight and she got a new pair of shoes and a purse... so she's happy as can be.

How has school been working out for you this semester? Still studying well???
--

 

[smallmovesal]

well, if you are...


then let's see...

afghanistan

israel

there was a lil thing called iran-contra a while back *sings star wars theme*

you have such a cute lil temper on ya kayne

 

[KAYNE]

JUST DONT LET HER PUT MAKE UP IN THAT PURSE FOR ANOTHER 12-15 YEARS. LOL

I'M GLAD TO HEAR THINGS ARE GOING WELL FOR HER. TOO BAD HER FATHER IS A HOMO..HEHE JUST FUCKING WITH YOU.

STUDYING IS FUCKING KILLING ME MAN. I'M A PROCRASTINATOR SO I WAIT TO DO SHIT UNTIL THE WEEK OR DAY BEFORE ITS DONE. THAT IS TAKING ITS TOLL ON ME PHYSICALLY AND MENTALLY. I'M NOT EATING OR SLEEPING LIKE I SHOULD. BUT THEN AGAIN, I NVR EAT AND SLEEP LIKE I SHOULD. 39 HOURS LEFT AFTER THIS SEMESTER SO I'M LOOKING FORWARD TO GRADUATING AND STARTING MY CAREER.


SMALLS
YESTERDAY WAS A BAD DAY....SORRY.


KAYNE

 

[ABall]

I BELIEVE IT WAS YOU WHO SAID "WHY DOESNT AMERICA STAY OUT OF EVERYONE'S BUSINESS?" I AGREE FOR THE MOST PART BUT SOMETIMES, ITS JUST NOT POSSIBLE. AND HERE IS YOUR ANSWER:

A LITTLE SOMETHING CALLED THE BRETTON WOODS CONFERENCE. UNDER THE MISTAKEN BELIEF THAT NONINVOLVEMENT IN EUROPEAN AFFAIRS WOULD PROTECT THE U.S. FROM GETTING INVOLVED IN THE FUCKED UP EURO CONFLICTS (I.E...WWI), THE U.S. RETREATED INTO ISOLATIONISM. HOWEVER, IN THE 1930'S DURING THE RISE OF HITLER, THE U.S. BEGAN TO REALIZE ITS MISTAKES. WINSTON CHURCHILL AND PRESIDENT ROOSEVELT THEN MEET ON A BATTLESHIP (1941) WHICH BROUGHT ABOUT THE ATLANTIC CHARTER. ALL PARTIED INVOLVED AGREE THAT THE U.S. WOULD BE THE POLITICAL, MILITARY, AND ECONOMIC LEADER SINCE THE U.S.'S WEALTH, SIZE, AND POWER HAD SURPASSED BRITAIN DECADES EARLIER. ALONG WITH THAT, ITS LEADERSHIP DURING THE WAR GAVE IT PRESTIGE AND CREDIBILITY AROUND THE WORLD. ALSO, THE U.S WAS THE ONLY INDUSTRIAL NATION WHOSE INFRASTRUCTURE WASNT DAMAGED BY THE WAR. WE ALSO WERE THE ONLY NATION SET TO PROVIDE FINANCIAL CAPITAL AND PHYSICAL MATERIAL TO REPAIR ALL THE EFFECTS OF WWI

THE U.S. IS PROTECTING AGAINST 4 THINGS:
1. THE COLLAPSE OF INTERNATIONAL TRADE
2. A WORLDWIDE DEPRESSION
3. THE COLLAPSE OF THE INTERNATIONAL MONETARY SYSTEM
4. THE COLLAPSE OF INTERNATIONAL LENDING

(THATS THE GIST OF IT)


PS...I WAS MISTAKEN WHEN I MENTION THE LOUVRE AND PLAZA. I HAVE BEEN STUDYING LIKE CRAZY AND THAT WAS STUCK IN MY HEAD. I WAS TRYING TO SAY "CUSTA" IS A MAJOR REASON WHY CANADA IS STILL COMPETIVE IN TRADE WITH THE REST OF THE WORLD, ESP. THE U.S.


PSS....LETS KEEP THIS THREAD FROM GETTING OUT OF HAND.



KAYNE

Kayne,

You are correct for the most part but are a little wrong about some things. Economically speaking, The Bretton Woods agreement was a proposal where all other countries essentially fixed their exchange rates to that of the U.S. The reason for this was to avoid another economic depression. Now, in examining this, the most important thing to keep in mind is that all countries had their exchange rates pegged to that of the U.S. So any policies the U.S. implemented had direct effects on international markets.
U.S policies in the late 1960's helped cause the breakdown of this system by 1973 (give or take a year). Overexpansionary U.S. fiscal policy (government spending etc) contributed to the need for a devaluation of the dollar (depreciation --makes U.S. goods cheaper for foreigners) in the early 1970's, and fears that this would occur touched off speculative capital flows out of dollars that caused the foreign supplies to balloon. Higher US money growth fueled inflation at home and abroad , making foreign governments increasingly reluctant to continue importing U.S. inflation through the fixed exange rate system. So, a series of international crises begining in the spring of 1971 led to the downfall of the fixed exchange rate system. Thus, since then, the U.S has not been able to fuel or cause the onset of a worldwide depression due to the fact that industrialized nations no longer have their exchange rates pegged to that of the U.S. Most countries have adopted a managed floating echange rate system.

Next, the U.S. could not cause a collapse of international lending. This is because of the collapse of the Breton Woods system as well as the resource endowments the U.S. has. Because of its mere size and diversity and resources, the U.S. actually relies less on international trade than almost any other country! I am not saying that the U.S. doesn't relly on trade heavily, rather, it doesn't rely on trade as heavily as other nations of the world. Exports and Imports account for roughly 10% of U.S. national income. Compared to Germany (roughly 25%), Korea (30%), and the Netherlands (roughly 50%), this isn't much.

Interesting stuff though aint it?

Peace



A

 

[ABall]

THE U.S. DOES MORE GOOD (I.E...PREVENTS SOME MAJOR SHIT) THAN BAD BY ITS POLICIES WITH SITUATIONS SUCH AS THE ONES AT HAND.


KAYNE

I totally agree with that though.


Peace



A

 

[Crazier]

39 HOURS LEFT AFTER THIS SEMESTER SO I'M LOOKING FORWARD TO GRADUATING AND STARTING MY CAREER.

What would that be Mr. Kayne?
--

 

[KAYNE]

What would that be Mr. Kayne?
--

MY MAJOR IS FINANCE BUT I'M NOT QUITE SURE WHAT I'M GONNA DO YET.


KAYNE

 

[KAYNE]

ABALL
WELL, I WASNT WRONG (PER SA), I JUST OMMITTED THE PART ABOUT THE X-RATES. I WAS MENTIONING WHAT WAS PERTINANT TO THE QUESTION "WHY DOESNT AMERICAN STAY OUT OF EVERYONE'S BUSINESS?". AND TO BE HONEST WITH YOU, THE X-RATES PART OF THE CONFERENCE WASNT THAT PERTINANT TO THE QUESTION. HOWEVER, YOU ARE VERY CORRECT. IT HAS OTHER FACETS TO IT AND THE X-RATES WERE ONE.

THE BRETTON WOODS X-RATE WAS A PEGGED X-RATE SYSTEM THAT TIED GOLD DIRECTLY TO THE DOLLAR. OTHER CURRENCIES WERE DIRECTLY TIED TO THE DOLLAR WHICH INDIRECTLY TIED THEM TO GOLD. BUT THESE COUNTRIES COULD USE THE DOLLAR AS THEIR INTERNATIONAL RESERVE WITHOUT ACCUMULATING GOLD OR TIEING THEIR MONEY SUPPLY DIRECTLY TO GOLD RESERVES. PROBLEMS STARTING ARISING WHEN THE U.S. ECONOMY EXPANDED AT A HIGHER RATE THAN ITS TRADING PARTNERS. THE WAR IN VIETNAM AND THE "WAR ON POVERTY" AT HOME GENERATED HUGE FISCAL EXPENDITURES THAT STIMULATED THE ECONOMY. HOWEVER, THE. U.S. COULDNT KEEP UP THE THE FOREIGN COUNTRIES AND THEIR RESERVES. THE U.S. DIDNT HAVE ENOUGH GOLD TO BACK ALL THE DOLLARS THAT WERE IN CIRCULATION AND BEING HELD AS RESERVES. SO THE ONE FATAL FLAW IN THIS SYSTEM WAS THE DOLLAR!!! ITS CURRENCY WAS TREATED THE SAME AS GOLD SINCE IT WAS DIRECTLY TIED TO IT. THIS MEANT ALL THE U.S. HAD TO DO WAS INCREASE ITS MONEY SUPPLY AND GAIN PURCHASING POWER OVER OTHER COUNTRIES GOODS (WHICH GOES AGAINST PURCHASING POWER PARITY, OR LAW OF ONE PRICE).

ALL THIS MUMBO JUMBO MEANT THAT THE U.S. HAD TO DEVALUE ITS DOLLAR (I BELIEVE YOU PUT SOMETHING ABOUT THIS). UNDER A DIFFERENT X-RATE SYSTEM THIS WOULD HAVE BEEN APPROPRIATE. BUT NOT FOR THIS ONE. IN DEC. OF 1971, THE SMITHSONIAN AGREEMENT (THIS IS WHAT YOU WERE LOOKING FOR) CALLED FOR MAJOR INDUSTRIALIZED NATIONS TO DEVALUE THE GOLD CONTENT OF THE DOLLAR WHICH REVALUED THEIR CURRENCIES. REVALUED, IS OF COURSE THE SAME AS APPRECIATED, ONLY IN A FIXED X-RATE SYSTEM AS THE B.W.

AND ALL THE MUMBO JUMBO LET TO THE FLOATING X-RATE SYSTEM WHICH WAS ADOPTED AS A MEANS TO COPE WITH SPECULATION. THE SIMPLEST SOLUTION TO ALL THAT CRAP WAS TO LET THE CURRENCIES FLOAT.

SO YOU SEE, ACTUALLY, I WASNT WRONG, I JUST OMITTED THE PARTS ABOUT THE X-RATES. HOWEVER, THX FOR BRINGING IT UP CUZ I NEED TO KNOW ALL THIS ANYWAY. YOU JUST REFRESHED MY MEMORY. AND I DONT GET INTO INTELLECTUAL DEBATES ALL THAT OFTEN ON HERE (I DONT LIKE TO SEEM LIKE A KNOW IT ALL) BUT THIS WAS GOOD. THX BRO.



KAYNE

 

[ABall]

ABALL
WELL, I WASNT WRONG (PER SA), I JUST OMMITTED THE PART ABOUT THE X-RATES. I WAS MENTIONING WHAT WAS PERTINANT TO THE QUESTION "WHY DOESNT AMERICAN STAY OUT OF EVERYONE'S BUSINESS?". AND TO BE HONEST WITH YOU, THE X-RATES PART OF THE CONFERENCE WASNT THAT PERTINANT TO THE QUESTION. HOWEVER, YOU ARE VERY CORRECT. IT HAS OTHER FACETS TO IT AND THE X-RATES WERE ONE.

THE BRETTON WOODS X-RATE WAS A PEGGED X-RATE SYSTEM THAT TIED GOLD DIRECTLY TO THE DOLLAR. OTHER CURRENCIES WERE DIRECTLY TIED TO THE DOLLAR WHICH INDIRECTLY TIED THEM TO GOLD. BUT THESE COUNTRIES COULD USE THE DOLLAR AS THEIR INTERNATIONAL RESERVE WITHOUT ACCUMULATING GOLD OR TIEING THEIR MONEY SUPPLY DIRECTLY TO GOLD RESERVES. PROBLEMS STARTING ARISING WHEN THE U.S. ECONOMY EXPANDED AT A HIGHER RATE THAN ITS TRADING PARTNERS. THE WAR IN VIETNAM AND THE "WAR ON POVERTY" AT HOME GENERATED HUGE FISCAL EXPENDITURES THAT STIMULATED THE ECONOMY. HOWEVER, THE. U.S. COULDNT KEEP UP THE THE FOREIGN COUNTRIES AND THEIR RESERVES. THE U.S. DIDNT HAVE ENOUGH GOLD TO BACK ALL THE DOLLARS THAT WERE IN CIRCULATION AND BEING HELD AS RESERVES. SO THE ONE FATAL FLAW IN THIS SYSTEM WAS THE DOLLAR!!! ITS CURRENCY WAS TREATED THE SAME AS GOLD SINCE IT WAS DIRECTLY TIED TO IT. THIS MEANT ALL THE U.S. HAD TO DO WAS INCREASE ITS MONEY SUPPLY AND GAIN PURCHASING POWER OVER OTHER COUNTRIES GOODS (WHICH GOES AGAINST PURCHASING POWER PARITY, OR LAW OF ONE PRICE).

ALL THIS MUMBO JUMBO MEANT THAT THE U.S. HAD TO DEVALUE ITS DOLLAR (I BELIEVE YOU PUT SOMETHING ABOUT THIS). UNDER A DIFFERENT X-RATE SYSTEM THIS WOULD HAVE BEEN APPROPRIATE. BUT NOT FOR THIS ONE. IN DEC. OF 1971, THE SMITHSONIAN AGREEMENT (THIS IS WHAT YOU WERE LOOKING FOR) CALLED FOR MAJOR INDUSTRIALIZED NATIONS TO DEVALUE THE GOLD CONTENT OF THE DOLLAR WHICH REVALUED THEIR CURRENCIES. REVALUED, IS OF COURSE THE SAME AS APPRECIATED, ONLY IN A FIXED X-RATE SYSTEM AS THE B.W.

AND ALL THE MUMBO JUMBO LET TO THE FLOATING X-RATE SYSTEM WHICH WAS ADOPTED AS A MEANS TO COPE WITH SPECULATION. THE SIMPLEST SOLUTION TO ALL THAT CRAP WAS TO LET THE CURRENCIES FLOAT.

SO YOU SEE, ACTUALLY, I WASNT WRONG, I JUST OMITTED THE PARTS ABOUT THE X-RATES. HOWEVER, THX FOR BRINGING IT UP CUZ I NEED TO KNOW ALL THIS ANYWAY. YOU JUST REFRESHED MY MEMORY. AND I DONT GET INTO INTELLECTUAL DEBATES ALL THAT OFTEN ON HERE (I DONT LIKE TO SEEM LIKE A KNOW IT ALL) BUT THIS WAS GOOD. THX BRO.



KAYNE

Hehe you are right on bro . Sweet. What are you studying anyways? Political economy or something?? I just graduated from an Econ Honours program and I just finished studying all this stuff. It s pretty interesting!


Peace



A

 

[KAYNE]

ABALL
I'M A FINANCE MAJOR. ONE OF THE COURSES I HAVE TO TAKE IS INTERNATIONAL FINANCE 447. HOWEVER, THAT CLASS IS VERY HARD TO GET INTO AND I NEEDED IT THIS SEMESTER SO I HAD TO TAKE ECON 421, WHICH IS INTERNATIONAL ECON, TO SUBSTITUTE FOR MY FINANCE 447 CLASS I COULDNT GET INTO. I HAVE ALWAYS DONE WELL IN MY 2 AND 3 LEVEL ECONS SO I FIGURED WHY THE HELL NOT!!! I HONESTLY DIDNT THINK I WAS GOING TO BE INTERESTED IN THIS CLASS BUT TO MY SUPRISE, I AM. THOUGH I COULD BE LEARNING A LOT MORE IF MY TEACHER WERE MORE DEMANDING. HE IS VERY SMART AND HAS BEEN PUBLISHED QUITE A FEW TIMES BUT HE ISNT A VERY DEMANDING TEACHER. THAT COULD BE GOOD OR BAD, DEPENDS ON WHAT POINT OF VIEW YOU LOOK AT IT FROM....LOL. NOW WHEN I WATCH CNN, I AM MUCH MORE AWARE OF WHAT THE HELL IS GOING ON. IT IS QUITE INTERESTING ACTUALLY.


I DONT LIKE TO SEEM LIKE A "KNOW IT ALL" (AS SEBASS CALLED ME) SO I USUALLY DONT PARTAKE IN CONVERSATIONS LIKE THIS BUT WHAT THE HELL. I HAVE BEEN STUDYING LIKE A MOFO LATELY SO I MIGHT AS WELL USE THE INFO!!! LOL


WHAT DO YOU PLAN ON DOING WITH YOUR DEGREE?


KAYNE

 

[spentagn]

Good discussion. I hadn't seen Bretton Woods discussed in quite some time.

 

[Sebass67]

I have to admit your scope of information on this thread is impressive. Heck, i get a little emotional at times. I am sure you do to. Gets the best of me.

I'll try to calm my ass down a bit.

Even though you don't know how much this will pain me.

 

[ABall]

ABALL
I'M A FINANCE MAJOR. ONE OF THE COURSES I HAVE TO TAKE IS INTERNATIONAL FINANCE 447. HOWEVER, THAT CLASS IS VERY HARD TO GET INTO AND I NEEDED IT THIS SEMESTER SO I HAD TO TAKE ECON 421, WHICH IS INTERNATIONAL ECON, TO SUBSTITUTE FOR MY FINANCE 447 CLASS I COULDNT GET INTO. I HAVE ALWAYS DONE WELL IN MY 2 AND 3 LEVEL ECONS SO I FIGURED WHY THE HELL NOT!!! I HONESTLY DIDNT THINK I WAS GOING TO BE INTERESTED IN THIS CLASS BUT TO MY SUPRISE, I AM. THOUGH I COULD BE LEARNING A LOT MORE IF MY TEACHER WERE MORE DEMANDING. HE IS VERY SMART AND HAS BEEN PUBLISHED QUITE A FEW TIMES BUT HE ISNT A VERY DEMANDING TEACHER. THAT COULD BE GOOD OR BAD, DEPENDS ON WHAT POINT OF VIEW YOU LOOK AT IT FROM....LOL. NOW WHEN I WATCH CNN, I AM MUCH MORE AWARE OF WHAT THE HELL IS GOING ON. IT IS QUITE INTERESTING ACTUALLY.


I DONT LIKE TO SEEM LIKE A "KNOW IT ALL" (AS SEBASS CALLED ME) SO I USUALLY DONT PARTAKE IN CONVERSATIONS LIKE THIS BUT WHAT THE HELL. I HAVE BEEN STUDYING LIKE A MOFO LATELY SO I MIGHT AS WELL USE THE INFO!!! LOL


WHAT DO YOU PLAN ON DOING WITH YOUR DEGREE?


KAYNE

Yeah Econ is a pretty good base to have I think -- it is pretty dry sometimes but for the most part I think its all good. I just landed a job with Industry Canada and will work there for 6 months and then Im off to Australia for grad school in econ wooho! what about you?

A

 

[KAYNE]

I HAVE TWO SEMESTERS LEFT SO SOMETIME IN THE FALL SEMESTER I AM GOING TO HAVE TO FIGURE OUT WHAT I AM GOING TO DO. I AM LOOKING INTO GETTING AN ECON MINOR TO GO ALONG WITH ME FINANCE MAJOR. NOT SURE YET THOUGH CUZ I REALLY WANT TO GET THE HELL OUT OF SCHOOL. I KLOWNED AROUND FOR QUITE SOMETIME. NOW THAT I FINALLY HAVE MY HEAD ON STRAIGHT, ITS TIME TO GET OUT. KNOW WHAT I MEAN!!!



KAYNE

 

[KAYNE]

I have to admit your scope of information on this thread is impressive. Heck, i get a little emotional at times. I am sure you do to. Gets the best of me.

I'll try to calm my ass down a bit.

Even though you don't know how much this will pain me.

LOL....OK SINCE YOU ARE WILLING TO COMPRIMISE, I'LL DELETE THE POST ABOUT YOUR TWO CENTS BEING INFLATED.


KAYNE

 

[Jimsbbc]

Nice to see you two bros working your differences out.

 

[Sebass67]

Too late..already read that one. The damage is already done.

My two cents are inflated anyhow. I already figure the best way to fix the problem of the Canadian dollar is to legalize marijuana.

 

[KAYNE]

JIM

WASNT IT YOU WHO TOLD ME TO ACKNOWLEDGE THAT I WAS YOUR BITCH!!! IF I COULD, I WOULD, HOWEVER, I AM NOONE'S BITCH. ESPECIALLY YOURS FRANKY!!!

AND I THINK SEBASS IS A BROETTE, NOT A BRO.


KAYNE

 

[guards]

Too late..already read that one. The damage is already done.

My two cents are inflated anyhow. I already figure the best way to fix the problem of the Canadian dollar is to legalize marijuana.

Sit back and think about that one......IMO it will actually be very detrimental to our economy if marijuana is legalized.

 

[Sebass67]

You think...i am just thinking of all the money the gov't would get from taxes...

See, it would only work if it was legal here, and no where else...

Tourism would go through the roof.

 

[Sebass67]

I am a bro...

You try to confuse!

 

[KAYNE]

I am a bro...

You try to confuse!

SORRY, I SEEM TO REMEMBER IN A POST SAYING YOU HAD A BOYFRIEND OR SOMETHING!!! MUST HAVE BEEN SOMEONE ELSE.



KAYNE

 

[ABall]

I HAVE TWO SEMESTERS LEFT SO SOMETIME IN THE FALL SEMESTER I AM GOING TO HAVE TO FIGURE OUT WHAT I AM GOING TO DO. I AM LOOKING INTO GETTING AN ECON MINOR TO GO ALONG WITH ME FINANCE MAJOR. NOT SURE YET THOUGH CUZ I REALLY WANT TO GET THE HELL OUT OF SCHOOL. I KLOWNED AROUND FOR QUITE SOMETIME. NOW THAT I FINALLY HAVE MY HEAD ON STRAIGHT, ITS TIME TO GET OUT. KNOW WHAT I MEAN!!!



KAYNE

I wouldn't think you would have any problems getting a nice job with an Econ Minor as well as a Finance major! Good luck bro!


A

 

[guards]

You think...i am just thinking of all the money the gov't would get from taxes...

See, it would only work if it was legal here, and no where else...

Tourism would go through the roof.

Once marijuana is legalized, think of all the money it is going to cost to enforce the restrictions on it. You will need to retrain police officers, draft new laws, patrol in new ways, give liscences to people who have permission to "sell".....not to mention the implementation of standards across the border.

As for tourism, the tourist dollars that would come from the legalization of marijuna would be shit. Look at amsterdam...the place is a shithole because every hippy and his monkey go there to get high....bringing with them nothing but problems.


I don't know too many rich people who would choose to go somewhere just to smoke weed, adn we want to attract people with money (BTW i don't know too many rich people...lol)

If anything should be legalized, it should be prostitution.

 

[guards]

Correction on my above post, prostitution is LEGAL in Canada but is not governmently sanctioned.

 

[KAYNE]

THX A. NICE TALKING TO YOU.



KAYNE

 

[ABall]

THX A. NICE TALKING TO YOU.



KAYNE

Same here bro,

peace


A

 

[Crazier]

SORRY, I SEEM TO REMEMBER IN A POST SAYING YOU HAD A BOYFRIEND OR SOMETHING!!! MUST HAVE BEEN SOMEONE ELSE.



KAYNE

Then again... maybe not!!!
--

 

[KAYNE]

Then again... maybe not!!!
--

LMAO!!!



KAYNE

 

[Sebass67]

Well, it is late and i a have had a few drinks and i have an exam tomorrow but it is the end of the year and i don't care and neither do i in this case scenario.