Today, on another action packed episode of The BradCast…Another mass shooting at another movie theater — and another GOP Governor/Presidential candidate who says all we can do is ‘pray’ about it. How misallocation of resources from crime and domestic terrorism to international terrorism is killing us. Literally.
Then, encouraging movement this week in the U.S. Senate concerning the absolutely absurd way that legal pot shops around the country are forced to handle their huge amounts of cash, since federal law still prohibits banks from doing business with them. Dan Riffle, Director of Federal Policies at the Marijuana Policy Project joins us to explain the Congressional news and the “crazy, crazy, crazy situation” that legal dispensaries face.
“Employees and customers in those businesses are just crossing their fingers that nobody comes in and robs the place,” he tells me. “We’ve seen dispensaries that pay their taxes by putting the cash on to a pallet and then loading it into a Brinks truck and then driving it over to the state or county auditor’s office,” he says.
Riffle also discusses the wildly varying positions on marijuana legalization from the 2016 Presidential candidates (and between the two major parties), and whether ‘Big Pharma’ is behind the recent denial of legal medicinal use by PTSD victims in Colorado (of all places.)
Also today: breaking news on GOP Governor turned Presidential candidate Rick Perry’s felony charges and Donald Trump has, officially, cracked the code on how to run for President as a Republican — and it is driving his Republican opponents crazy…
Download MP3 or listen online below…
[audio:http://bradblog.com/audio/BradCast_BradFriedman_DanRifflePotBanking_LafayetteShooting_072415.mp3]
(Snail mail support to “Brad Friedman, 7095 Hollywood Blvd., #594 Los Angeles, CA 90028” always welcome too!)
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Here’s what I don’t get about banks supposedly refusing to do business with state-legal marijuana businesses. Didn’t HSBC get nailed for knowingly laundering hundreds of millions or billions of dollars for drug cartels? Are banks more willing to work with illegal drug dealers than with legal (at least state-legal) ones? What’s wrong with this picture?