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Christopher Ingraham
@_cingraham
, 3 tweets, 1 min read Read on Twitter
Cannabis industry lobbied NY Governor Cuomo to ban home grow in his recreational marijuana proposal, and that's exactly what he did. marijuanamoment.net/marijuana-comp…
Note that from a purely public health standpoint you'd want to legalize home cultivation but ban commercial sales. NY is headed in the opposite direction.
Of course, pretty much anything you do legalization-wise will be an improvement over the status quo in terms of public health, criminal justice, personal freedom, etc etc
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Christopher Ingraham
@_cingraham
Google, a company with annual revenues of $136 billion, wants concessions totaling $15 million from a central Minnesota county with fewer than 100,000 people.
On an annual basis the concessions would amount to 0.0006% of Google's revenue.
As in a lot of these situations the net benefit to the county, even with the tax breaks, is clear and positive. But the question becomes how far do you let these giant wealthy companies go to claw back the benefits they bring to a community?
Read 3 tweets
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Christopher Ingraham
@_cingraham
Some compelling new research from @rooseveltinst traces the connection between rising shareholder payouts and shrinking employee wages washingtonpost.com/us-policy/2019…
Adjusted for inflation, the hourly wages of typical middle class workers are *still* below the level they were at in 1973. washingtonpost.com/us-policy/2019…
Picture doesn't look much better when you add in benefits: starting in 1973, workers kept getting more productive (e.g., they were generating more profit for their bosses), but their compensation didn't reflect that. washingtonpost.com/us-policy/2019…
Read 5 tweets
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Christopher Ingraham
@_cingraham
Holly gets pumped when the roach bin comes out
Food $200
Data $150
Rent $800
Roaches $3,600
Utility $150
someone who is good at the economy please help me budget this. my family is dying
Wow so the adult roaches arrived today and they are... bigger than I expected.
Read 10 tweets

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Wendy Siegelman
@WendySiegelman
NY Governor Cuomo orders probe into Facebook access to personal data - the directive to NY’s Department of State and Department of Financial Services came after explosive WSJ report on how FB collects a wide range of private sensitive data from developers
reuters.com/article/facebo…
You Give Apps Sensitive Personal Information. Then They Tell Facebook.
Wall Street Journal testing reveals how the social-media giant collects a wide range of private data from developers; ‘This is a big mess’
by @samschech
wsj.com/articles/you-g…
Facebook working hard to win award for worst tech giant villain
Read 4 tweets
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Brian Cates
@drawandstrike
NY Governor Cuomo has figured out why NY had a $2.3 BILLION drop in it's tax revenues after that last big tax hike.

IT WAS THOSE DAMN CONSERVATIVES!

Another great video from The @EpochTimes @Declassified_ET Media Team!

I hope you are all happy, you Conservatives out there! Here's a hard-workin' liberal governor just tryin' ta help out the poor and the needy with those endless tax hikes and you just won't do your part, you greedy pricks!
I suggest Cuomo punish the evil Conservatives for their greed by ramming through ANOTHER big tax hike. THAT'LL SHOW'EM!
Read 3 tweets
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Tim Hogan
@TimInHonolulu
1. Why is @realdonaldtrump having lunch with @andrewcuomo? Successful strategy to address Russian attack & neutralize Trump pardons goes through @NewYorkStateAG. Remember Trump likely has Kompromat on #Cuomo family back to Roy Cohn. @JonLemire @JohnJHarwood @Acosta @kwelkernbc
2. Trump and Italian mob go way back.
From the Chicago Trib in 2015: Trump swam in mob-infested waters in early years as an NYC developer chicagotribune.com/news/nationwor…
3. This would not be a smart move for the NY Governor. Remember, the one reason the Italian families survived is they never engaged in treason. Tie the families to the Russians opens them up to FISA and the families won't last a month. @FBIWFO @NewYorkFBI @FBIBoston
Read 3 tweets
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Paula Chertok🗽
@PaulaChertok
First a bomb at Soros home. Now Explosive Devices sent to Hillary Clinton’s home in New York and Barack Obama’s home in Washington, Secret Service says.

What do we expect when Trump runs around the country 24/7 demonizing Democrats at mob rallies? washingtonpost.com/nation/2018/10…
“Excuse me, that sounds like a fire alarm”—@jimsciutto says while reporting on suspected mail bombs sent to Hillary Clinton, Barack Obama, Soros. Moments later @CNN had to evacuate Time Warner bldg in NYC. Devices made w/ pipe & wire, per NYPD. #Terrorism
Entire Time Warner Center w/dozens of businesses besides @CNN has been evacuated, reports @AthenaCNN. Important to note this terrorist act was at CNN’s NY offices during its morning broadcast from NYC. #CNN has offices elsewhere. Seems bomber wanted the drama of on-air discovery.
Read 20 tweets
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Alex Krüger 🇦🇷
@Crypto_Macro
I am fascinated by the #cannabis industry. It offers massive growth potential and represents a standard against prehistoric regulations. However, prices of public companies make no sense. Latecomers will get butchered. Valuations are not justifiable.
Revenue numbers of these multi billion dollar cannabis companies make me think of the number of ethereum daily users.
I attempted to short $TLRY today. Close to the top, after $300. My first attempt to short cannabis. Trades would not go through due to unavailability of shares to borrow for short-selling. Tried various brokerage accounts and all. Price was at $170 a few minutes later.
Read 5 tweets
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Alex Krüger 🇦🇷
@Crypto_Macro
#Cannabis stocks up 50%-80% in the last 10 days.

Key event: Constellation Brands, maker of Corona (the beer!), increased its stake in Canadian cannabis company Canopy Growth $CGC by $4 billion.

Weed in a bottle anyone?

money.cnn.com/2018/08/21/new…
A ballpark estimate for the market cap of all 350 public cannabis companies is USD 60 billion. Crypto's current market cap is USD 210 billion. Apples and Oranges I know.
Calculated aggregated market cap using month old numbers. Should be about 30% higher given the ongoing pump.
Read 4 tweets

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