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Public Responds To Wood River Dispensary Delay

2 years 5 months ago
WOOD RIVER - A few members of the public responded to the Wood River City Council’s split vote to delay the development and opening of a dispensary in the city’s downtown and place the issue on the ballot next spring, after the council held a special meeting on the subject on May 17. Wood River resident Bill Rogers spoke during the Public Comment portion of the meeting and said he would not support a dispensary opening in Wood River. “As for the referendum that’s listed on the dispensary, my position has not changed - we do not need one, period,” Rogers said. Pastor Dave Landry said the three council members who voted to delay the dispensary - Bill Dettmers, David Ayres, and Jeremy Plank - went against the wishes of the public and are “scaring off investors.” “ are voicing their concerns at the last special meeting on Wednesday . There was a sincere plea from citizens to keep the cannabis dispensary open … but you didn’t

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Another Los Angeles Sheriff’s Department Gang Member Admits The Department Has Plenty Of Gang Members

2 years 5 months ago
The Los Angeles Sheriff’s Department doesn’t have a great track record. In addition to the usual stuff expected from law enforcement agencies (biased policing, zero accountability, civil rights abuses, excessive force deployment), the LASD has been home to deputy gangs pretty much since its inception. Its recent string of elected sheriffs hasn’t done anything to […]
Tim Cushing

The debt ceiling crisis probably cost less than half a billion dollars

2 years 5 months ago
One of the (many) downsides of the debt ceiling debacle is the possibility that it undermined faith in US treasury bonds. If that happened, interest rates on treasuries would increase, potentially costing the government billions in higher funding rates. So did this happen? A very rough back-of-the-envelope look at treasury yields suggests it did—a little ...continue reading "The debt ceiling crisis probably cost less than half a billion dollars"
Kevin Drum

SEC sues world’s biggest crypto firm over commingling and diversion of customer funds

2 years 5 months ago
Over the past year three huge crypto firms have failed: Genesis, FTX, and Three Arrows. At least two of them came to ruin because they were fundamentally corrupt and misused customer funds. But none of these three is the biggest crypto firm. Binance is. A few months ago I noted this and asked, "When Binance ...continue reading "SEC sues world’s biggest crypto firm over commingling and diversion of customer funds"
Kevin Drum