a national anthem in the very heart of moscow. and welcome back to the big picture i'm sam sacks in for tom hartman coming up in this half hour maryland is poised to become the latest state to introduce a medical marijuana program and last week rhode island decriminalized the possession of small amounts of marijuana as more and more states start to embrace marijuana is nationwide legalization on the horizon and no country has ever cut its way to prosperity republicans in congress just can't seem to understand that or democrats and science daily take tom will give them all a refresher course on how our economy really works.

and in the best of the rest of the news on monday the maryland general assembly approved a measure allowing medical marijuana in the state the state senate approved the measure forty two to four and the bill now goes to governor martin o'malley who is likely to sign it over some lawmakers an advocate advocates in maryland say the bill doesn't go far enough and believe that a comprehensive bill on the legalization of marijuana for a variety of purposes should be put up for a referendum so what does the current bill include and could mayor want to be the next state to legalize marijuana altogether joining me now to talk more about marijuana policy in the united states is lynn lyman california state director of the drug policy alliance and here in the studio neill franklin executive director of law enforcement against prohibition when neil welcome thanks so thanks for having us. hey lynn how you have you old friends here yes we are going to start with you just what does this bill do house it is different is it similar to other medical marijuana bills that we've seen passed around the country and could it be a first step to. maybe doing something that like colorado and washington are doing

in legalizing it all together sam it is different. it's better than what we had of course but this is we're asking for institutions like maybe johns hopkins and maybe some other institutions to step forward and to do the study and interact with patients it's rather restricting it's not going to give the benefit to our patients that they need and it's not going to make access easy as i believe it should be but as i said it's better than what we have which is which is nothing. when we've seen this kind of movement just building picking up steam all across the country whether it's medicinal marijuana whether it's decriminalizing small amounts of marijuana and now recently actually legalizing it regulating marijuana in washington and colorado and yet here we have the federal government which considers marijuana to be one of the most dangerous classes of drugs of all the drugs out

there how do you account for this disconnect that still exists. you know unfortunately say in the federal government is really behind on this issue and they're behind popular opinion as as you probably know the pew poll came out earlier this week showing that for the first time in four decades that they've been doing the same poll a broad majority of americans support the legalization of marijuana fifty five percent and an even greater number seventy two percent i believe think that the federal government's approach is doing more harm than good and is a waste of resources so i think that this is one of those issues that is really being led locally and that the states level and it's the at some point the federal government and hopefully the obama administration will have the courage to to take to follow the lead of the states right and they're going to be making a decision here pretty soon i mean now they have to confront to stay. it's where it

is going to be legal and regulated absolutely and if the administration says they're going to have a decision coming out in the next weeks or months or so the attorney general will hear any any clue which way they might leave and are they do they risk being completely irrelevant here when it comes to what's going on around the rest of the country no one i mean when you think of it this is what happened with the end alcohol prohibition back in one thousand nine hundred six states took the lead and i think that is that ministration is allowing the same thing to happen here in the states the citizens the citizens are deciding this as it's been said the poll fifty two percent of americans believe that we should be moving forward with marijuana in this country when i was in annapolis the hearing when they were hearing the bill that you just mentioned the medical marijuana bill another bill that was heard presented crafted by one of our legislators there was for the legalization of marijuana it's not just occurring in maryland it occurred in pennsylvania it's occurring in other states when they are policy makers are state policymakers putting forth the legislation not through referendum and that's an interesting

point here hopefully i mean it will eventually reach a tipping point of states i think where the federal government won't have to have a choice but you mentioned that state lawmakers are getting enough courage now to be introducing this legislation on their own they used to be that you have to get ballot measures out there and in california there was a ballot measure in two thousand and ten i think it was to legalize that which which was defeated but that was kind of bad in the election for progressives in general but what is the strategy moving forward is it going to be through ballot measures is going to be trying to get state lawmakers as we're seeing doing this you know passing laws of their own is it getting the federal government just to get out of the way as some lawmakers have introduced in congress or is it all of the above approach i don't know there's different strategies in each state and organizations like ours the drug policy alliance and others like the marijuana policy project the a.c.l.u. we're really looking at the whole country and determining what is needed in each state in some states we will still have to go to the ballot in my state of california we know. no that on this is not something we can do through the state

legislature so we do intend to run an initiative in two thousand and sixteen the next presidential and there are smaller fixes that we can do through the legislature before that but there are many other states like in maine and others that we expect to be able to make these changes through the state legislatures and with progressive governors yeah and i think the karl rove in the bush the bush republicans really had this strategy of using ballot measures to they would do gay marriage ballot measures all the time to turn out their base and get them to vote elections to help republicans out there what it's all about you have one of the bocher see is all that it seems that is going to want to say sure now that it's so popular and it could be it could be used by and i don't even see democrats now democrats seem to have lost this issue this seems to be an issue that libertarians have gotten on and that helps republicans that's two great thing about this is this isn't a partisan issue no matter where you stand on this issue whether you're for

a right when you're for a left somewhere in the middle this is of interest to you great importance to you and that's one thing i like about this we're not splitting parties but it's an opportunity for a party to grab grab a hold of it and run with it and i think that whatever party decides to do that they're going to reap some benefits from it i think you're right and women just last minute we have so i mean here we are all in this movement trying trying to succeed who are we up against who's who's really the opposition to us beyond politics the groups that are really trying to defeat legalization. you know thus far it's been different in each state but in washington state for example you found that the traditional groups we would have anticipated being against us were actually with us like the law enforcement sort of the the mothers. and some of the children's advocate organizations so so really who's against us is yet to be seen and might be different in the state but the hope is that moving while steps like

what marilyn did are you know it's better than nothing and decriminalizing is as you mentioned in the other clip again better than nothing but we really need to get to full tax and regulate marijuana prohibition there are collateral consequences that come up so even in our state with medical marijuana which we've had since one thousand nine hundred six the collateral consequences the civil sanctions can can stick with you for a long time you can be penalized at work you can have your children taken away even if you are a valid patient so i'm really hoping that this is the beginning of a tipping point that will sweep the country and i think we have there's been just countless lives ruined by this long to finally get in law enforcement but i think ultimately this is a war that's going to be won when thanks so much for coming on thank you thank you .

so everybody needs something special now and then to give their love life a little kick. start on the steve harvey show that special something is popeye's chicken take a look. buddha excites me and i mean it excites me so i look up cheesecakes and cupcakes and those little more rings with the sean towards the strawberry short cake at the juicy cherries on top and that gets me going get the tone set up here then when i get into the bedroom then i start think. my favorite food of all time which is popeye's chicken thank you thank you thank you take that and i put that in a special place in my mind so if he's not doing what he's supposed to in there then i start thinking popeye spicy popeye spicy popeye spicy and it just gets me to where i need to be it's weird tantalizing somebody should get should set her up with this guy. what's going on. oh.

so much like in the flesh. and it's time for tonight's the good the bad in the very very new side to the really ugly the good car wrecks paris paris a republican has made turning lancaster california into the quote solar energy capital of the universe the major policy goal of his tenure as that city's mayor under his leadership the city council has passed legislated legislation mandating that all new homes must be fitted with solar panels in almost every major municipal building is now he quipped with sun harnessing technology in germany already does most of the stuff for paris however clean energy isn't just the right thing for the

environment it's common sense plain castors solar friendly policies have been a boon for businesses and workers alike creating new development opportunities without straining the city's treasury or wrecks paris good work. and now the bad ted nugent what a surprise during an interview with n.r.a. news on monday real credible news agency the rock star i'm going through as he is ted nugent railed against president obama calling him a day and asking his hosts to join him in quote shooting the enemy's camp. are with the. easter corn ripoff scam artists. because we. who know better would sign it i suppose if we were being followed and moderate and the neutered radical but when i kicked the door down to the enemy's camp would you help me somebody just just

help me clear the room and he's lost his mind knew he went on to say that his comments were meant as a metaphor of course but still with membership in rightwing terrorist groups at an all time high this sort of rhetoric is downright dangerous at worst and irresponsible at the least but honestly should we really expect anything else from the man who said if obama were reelected he'd be dead or in jail. you know right now the very very ugly senator jim inhofe while speaking to a group of journalists in washington on tuesday the oklahoma senator criticize president obama for using the families of newtown victims to pressure congress to pass gun control legislation he said quote see i think it's so unfair of the administration to hurt these families to make them think this has something to do with them when in fact it doesn't yes that's right jim inhofe things gun control laws have nothing to do with families of shooting victims that's ridiculous and

it's just very very ugly. coming up economics isn't as confusing as all those beltway wants to make it seem actually it's pretty simple explain in just a moment. an issue three could you take three. or four charges three. major and

three. three stooges free. download free books clothing videos for your media projects free media oh don carty dot com. the international and world in the very heart of moscow.

as we talked about at the beginning of the show president obama released an austerity budget today that will over the long haul take money out of the pockets of those same americans senior citizens disabled people working americans veterans people we depend on to spend money and drive the economy and we're supposed to believe that this budget president obama's f y fiscal year two thousand and fourteen budget will bring jobs back to our economy that it will reinvigorate the middle class and that will finally put an end to this great recession that we've been suffering in since two thousand and eight the truth is they will do none of those things and austerity budget in the united states will have the same effects as a steady budgets in europe which are higher unemployment higher deficits and more misery so then why do our policy makers keep in bracing these bad ideas keep in bracing

spending cuts well it's because they forget how economics works they forget that job creators are not billionaires sitting on trillions in offshore bank accounts but job creators are average people who spend money in the economy and that is the subject of tonight's daily to. an economy in a way is a giant interlocking circle with all kinds of pieces that go to it but let's start at the most important point and there's demand there's supply and let's begin with the demand there are two things that make up demand and one of those two things is made up of two things these two things that make up demand our paychecks money in people's pockets and needs or desires. needs when you think of you know like housing people at the spend money on housing food people that spend money on food but there's certain kinds of housing or food that them i like better or more than others and so you know that they will choose that but they have to have the

paycheck they have to have the money to be able to buy things to create that vacuum in the marketplace that we call demand or that pressure in the market postponed you know you want the metaphor to work so you got some money you got a paycheck you have desires an end needs so you take that money and you go to the store and you buy something and with your money that store takes that money and pays the salary of the clerks the people working at the store they have to reach out to the wholesalers to the people who you know they're buying in to the buy the stuff from the stocks the shelves they have to buy things from their manufacturers who manufactured whatever the product was that you bought at the store. they have to bend and those manufacturers have to go back to the raw materials that they use to make the stuff like the mayans if you know if you alternately are buying a car at some point they start out as iron ore. so they had to go back to the

minors each step along the way from the spending money at the store to the clerks to the wholesalers to the manufacturers to the miners and lawyers each step along the way other people are getting jobs as a consequence of your having bought so something and other people having bought so so the economy grows out of that first purchase now multiply that times millions and that's that's demand demand as most of the most important things because without all three of these things without the things that make up demand without the need or the desire and without the paycheck you have no economic activity and a supplier can stimulate demand in some ways it can kind of create a certain amount of demand for example steve jobs you know so so i got an idea for a new thing we're going to call it by phone in this call but you know if people didn't have the ability to actually become demand and using demand in the context

the economists use it not just the normal language which means literally they have the money to buy so you know steve jobs at the price of the i phone at twenty thousand dollars we wouldn't have i phones all this so no pay or if we were in a horrible recession depression and nobody had paychecks there were no want to plan insurance nobody would have i phones so without a paycheck without the ability to pay for something combined with either the need or desire you don't have to manage without demand it doesn't matter what you supply . this is why so the whole this whole concept of supply side economics when when the reagan administration rolled this thing out the one nine hundred eighty s. as a rationale for saying we've got to cut taxes for the really rich people we've got to redo our economic policies so that the really rich people benefit and you know this stuff will trickle down eventually to and they literally use that phrase

trickle down economics a little trickle down everybody else and it was just crazy i mean it was a rationalization for going back to eighteenth century european economic models of basically peonage of you know serfdom so who are the real job creators they're not the rich people they're the people who buy things because everything starts when somebody buys something. so you are the job creators if you're a consumer and when the job creators the consumers can't buy things because they lose their wages their entire jobs then you've got a really serious problem this is called a demand collapse when the demand for things in an economy falls apart when people no longer want things or need things which is rare or can't afford things which is what happens when you have a depression. you can't walk into

a store and buy something if you don't walk into the store and buy something the store can't pay their clerk if that and then the clerk can't you know use that money and buy things they can't pay their wholesalers they can't pay their manufacturers or the wholesalers can't pay the manufacturers the manufacturers can't pay the miners are the lawyers or whoever produce the raw material for the stuff and what echoes all the way up that chain from the fact that you no longer have the money to buy something all along that chain at each stage the clerk the stores the mint the wholesalers that in the manufacturers every stage somebody has to be laid off and the entire economy begins to spiral into a crash. now in the one nine hundred thirty s. everybody in america understood this this was conventional wisdom and the reason that they knew this was because we had never as a country prior to one nine hundred thirty five we had never gone more than fifteen years without

a stark market crash literally from seven hundred eighty seven to one nine hundred thirty five as a good income we've never gone more than fifteen years without a major banking crash and a major stock market crash national so everybody understood it was called the business cycle everybody understood it nobody had a good solution for it there had been all these debates this was what hamilton was trying to do back in the days when hamilton was fighting with jefferson and george washington's cabinet about creating a national bank it was stopping the business cycle and stopping the damage of the business cycle there's zachary taylor ran on when he said he was going to blow up the second national bank and he did it was an attempt to put the country on the gold standard off the gold standard the greenback the lincoln i mean we had all these different schemes all along the way to try and even out the business cycle so that when people stopped buying things it wouldn't echo down until we just spiraled into this crash nothing worked nine hundred thirty five john maynard

keynes and economists says to f.d.r. there's a really simple solution because you put a stabilizer into the economy the way the stabilizer works is you get somebody who's got a job they they have needs and desires and the ability to buy things ok the economy is working they can go to the store and sort of buy from the wholesale adults can buy the manufactured manufactured good but everything but what happens when they lose their job when the business cycle fails what happens when when capitalism fails or can't it doesn't really fail it hits a pothole in the road and what happens of course is that it falls off the edge so what keynes said is instead of saying to that person sorry you can't buy anything. and we're just going to let you collapse and the rest of the economy collapse with it which is what has been happening every fifteen years every generation since george washington he said instead we're going to take government money which we're going to borrow during the bad times we're in take this government money and we're

going to put people back to work they can be digging holes they can be planting trees they can be doing productive things building roads building bridges but now they have a paycheck so they can resume their job their role as the job creators so they the end these people whether they're on government benefits see a dollar is a dollar doesn't matter work comes from dollars or go whether they're taking their money from a government paycheck or whether they're taking the money from a corporate paycheck or the economy doesn't care so when they take that dollar into a store to buy something now the store owner can pay his clerk and he has to buy something from the wholesaler the wholesaler can buy pay the people are stocking the boxes the wholesaler has to buy them in a half a head manufacture the manufacturer can pay the people who are putting things together and guess what even though this person has somewhat diminished ability to create demand because they're not making his money as much money as they were before they still have the ability to get their needs or their desires met because they still have some money in their pocket so the demand cycle is not broken the

demand cycle not being broken means that that spiral has a floor to it now of course what this means is that the government is going to run up debt doing this during bad times but if the government succeeds in breaking the spiral. demand is still happening through the marketplace people go back to work because the wholesaler now needs employees the manufacturer now needs employees in the store and his employees people go back to work and now instead of taking money from the government the form of unemployment compensation they're paying money to the government a form of taxes and then you have a boom time you have high high unemployment low unemployment this is the story of the clinton administration it wasn't some magical government policy it was high levels of employment that generated a surplus so then the government can pay back the debt that it incurred when it was saving us from the business cycle this is how we solve this problem and this is the

reason the government debt has been continuously rising since reagan and it is reaganomics with this with the one exception of a couple of years there with clinton and that is because we've been pursuing for thirty two years this insanity called supply side economics and it's left the true job creators the the workers the consumers and the dust even george bush knew this is why not eleven he said go out and buy something. and instead all that money from increased productivity has gone into the hands of the romney level rich who put it in swiss bank accounts taking it out of that virtuous cycle. we need to discard reaganomics and return to keynesian economics the economic system that for the first time in the two hundred nearly forty year history this country for a forty fifty year period kept us from having a major crash or a major banking crisis that solved the problem of the business cycle when you return to that and how do you do that really simple raise the minimum wage to a living wage it would be ten dollars and twenty five cents an hour right now if we

used the one nine hundred sixty eight standard increase trade unions asian penalize so-called free trade put somebody membrane around the country bring our jobs back home as germany has done as china has done in taiwan south korea japan and increase government spending when were in the downward spiral and then you know raise taxes where they were in the upward spiral it's really simple and what that does is it evens out those business cycles so that when when that pothole gets hit by capitalism or the pothole gets hit that their government spending is filling it in we can get through it and on the other side capitalism can work again it really having in franklin roosevelt said his job is to save capitalism from a self he did it.

the british. market. find out what's really happening to the global economy with. raw no holds barred look at the global financial headlines kaiser reports.

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