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by Ashraf Laidi
Posted: Feb 20, 2010 5:00
Comments: 30765
Posted: Feb 20, 2010 5:00
Comments: 30765
Forum Topic:
EUR
Discuss EUR in this thread
following just for California..
* An excise tax of $50 per ounce of marijuana would raise about $770 - 900 million per year.
* Retail sales on the legal market would range from $3 - $4.5 billion, generating
another $240 - 360 million in sales taxes.
* Legalization would save over $200 million in law enforcement costs for arrest, prosecution, trial and imprisonment of marijuana offenders. Need for CAMP helicopter surveillance would also be eliminated.
* Based on experience with the cigarette tax, total revenues of $1.5 - $2.5 billion might ultiimately be realized.
* Based on experience with the wine industry, the total economic activity generated by legal marijuana could be nearly four times as great as retail sales, around $12 - $18 billion. Amsterdam-style coffeehouses would generate jobs and tourism. If the marijuana industry were just one-third the size of the wine industry, it would generate 50,000 jobs and $1.4 billion in wages, along with additional income and business tax revenues for the state.
* Industrial hemp could also become a major business, comparable to the $3.4 billion cotton industry in California.
vote for Ignore..
I Like that line.... 'find a model and stick with her'.. so true.
Entry is 112.88.
Your right. 1hr is ok for a long (Really short term), and I can see the channels on the 4hr. I will close my trade and reasess. Waiting on the sidelines
Cheers
Apparently Bundesbank gave credits to liquidity strapped EZone banks. These rose from Eur 18 bln in 2008 to 326 bln in 2010. This is the secret of basically bankrupt but ever climbing spanish banks and savings. If there is a haircut, then Bundesbank claims will be cut as well.
Thus the air for Eur gets thinner day by day.
if gets to 113xx would close most of it..1 hr. long short term
you can look at 4 hr and see the channels...
my estimation lookin for sub 112.00
but u look at 4hr and decide
hesche kat jaber catnip