Oregon grew too much weed. What can they do?


Farmer Giles in charge of weed burns

❝ Five years after Oregon legalized recreational marijuana, its lawmakers now are trying to rein in production, fearing the state’s big weed surplus will tempt some licensed businesses to sell their products out of state or on the illegal market.

❝ Oregon’s surplus, though legal, is something of a cautionary tale for other states as they try to manage marijuana supply and demand. Enough recreational cannabis sat on dispensary shelves, in warehouses and in processing plants this January to satisfy buyers for more than six years, according to a report from the Oregon Liquor Control Commission, the state agency that regulates recreational marijuana.

❝ Like California, Oregon has a long history of illegal grows. And while some states, such as Colorado and Washington, limit the production licenses people can hold and the number of plants businesses can grow, Oregon has made it easy for people to harvest a lot of weed…“They underestimated the number of people that would be willing to convert to the legal market or would want to participate in the legal market…”

Poisonally, they should do what patriotic price-conscious American farmers have done for decades when confronting overproduction. BURN THEIR CROP. I’d suggest trucking it to the Caja del Rio mesa here in New Mexico just upwind of Lot 4…And burning it all. Slowly.

African Free Trade Pact Starts Up With 54 Countries


Apapa Seaport in LagosPius Utomi Ekpei/AFP

❝ A landmark free-trade agreement removing most tariffs and other commercial barriers in the African continent became operational on Sunday, as 54 member states agreed on the process to implement the accord.

❝ The African Free Trade Agreement commits the governments to greater economic integration, as the signatory states begin a multiyear process to remove trade barriers including tariffs on 90% of commodities. The duty-free movement of goods is expected to boost regional trade, while also helping countries move away from mainly exporting raw materials and build manufacturing capacity to attract foreign investment…

Trading with the slashed tariffs will start in July 2020 to give member states time to adopt the framework and prepare their business communities for the “emerging market,” said Albert Muchanga, the African Union’s commissioner for trade and industry…

No one asked for advice from our fake president. No invited suggestions from his sycophant advisors – all of whom were past their economics sell-by date some time in the last century.

By late April, 2019, more Americans shot dead than total Allied soldiers killed in D-Day invasion


Sean Gallup/Getty

❝ On Thursday, Americans remembered those killed on D-Day, 75 years back. It was a day of enormous heroism that was critical in turning back Nazi Germany’s attempt to conquer Europe. Thousands of Americans, Canadians, Australians and soldiers from other countries were part of the largest amphibious invasion force in history.

❝ Some 2,501 Americans gave their lives that day, according to historic estimates. Another 1,913 soldiers from other Allied countries also died, bringing the total death toll from the immediate invasion to 4,414.

It took until late April before the number of people killed by guns in the United States in 2019 topped that number, according to data collected by the Gun Violence Archive…

Thanks, Barry Ritholtz

Extinct baby horse unearthed in Siberia

❝ Dug out from the permafrost in Siberia’s Batagaika crater – AKA the “Doorway to the Underworld” – the tiny colt is so beautifully preserved, it looks like it could be sleeping. But the equine died a long time ago – between 30,000 and 40,000 years, during the Upper Palaeolithic.

Discovered by local residents, the foal was excavated by scientists from Japan and Russia, and taken to the Mammoth Museum at the North-Eastern Federal University in Yakutsk.

Way cool! [no pun intended]

Thanks, UrsaRodinia

Driverless trucks start test runs on Southwestern Interstate highways

❝ The U.S. Postal Service on Tuesday started a two-week test transporting mail across three Southwestern states using self-driving trucks, a step forward in the effort to commercialize autonomous vehicle technology for hauling freight.

San Diego-based startup TuSimple said its self-driving trucks will begin hauling mail between USPS facilities in Phoenix and Dallas to see how the nascent technology might improve delivery times and costs. A safety driver will sit behind the wheel to intervene if necessary and an engineer will ride in the passenger seat.

❝ If successful, it would mark an achievement for the autonomous driving industry and a possible solution to the driver shortage and regulatory constraints faced by freight haulers across the country.

The plan is to have these trucks on the road 22 hours at a time. Not exactly something human drivers are up for. Since long-haul runs are literally short thousands of drivers, timing couldn’t be better. If everything works OK? 🙂