Herb Kay's S.O.S. System
  March 22, 2010
  "I'm Herb Kay and the most important thing to know about me is that I'm not going to lie to you or pull your chain. Ever. In my S.O.S. Guides, I give you, well, guidance, in a straight-talking and step-by-step way. The website offers the "advice side" of my system. Here, in my blog, I'm going to dig a little deeper and get a little grittier. That's the opinion side of my system. Will I say something that might shock you? Maybe. Will I ruffle some feathers? Perhaps. Will you close the page with some food for thought? Absolutely."

The Herb Kay Way is the straight forward, never-mince-words way. Check out Herb's latest blog on your money, your career, your debt, the economy and the world we live in.
 
When Downsizing is a Powerful Tool
Can We Address the Important Issues?
Just a Sentence or Two.....
A Dose of Reality
Getting Involved and Taking a Stand
Study Up on Your Loans
Drop Back Ten and Punt!
Who Can you Depend On?
Some Sobering News About the Economy
Grab a Beer and Take the Slide Home......
Another Loophole, Another Lesson
What is Your Core Conversation?
Loyalty and Leadership
The Argument for Being a Grownup
The 'Business' of Complaints
Electricity in the Air......
Taking a Hard Look at the Figures
A Public Life
My "Advice" to You
Perspective vs. History
Worried Sick!
It's About the Kids!
Gooooooooaaaallll?
Where Will the Money Come From?
Immigration Arguments: Debunked!
Blame Policy, Not Banks
Happy Birthday America!
Crony Capitalism
G8/20 and What That Means For You!
Our Economy and the Free Market
Building a Bubble?
"Fixing" Our Problems
The $20 Billion SNAFU
A Screaming Deal!
Action Breeds Success!
It's Going to Take Some Effort!
Getting Our Lives Back
For Better or Worse......... I Prefer Better
The Pressure to be President.......
This Great Nation......
Financial Reform - Ha...what a joke!
Municipal Bonds are a thing of the Past!
Feeling Good!
Moving Forward
The Signs Are All Around Us
It's a Grim Diagnosis
Oh, the Pressure.....
The Big Fat Greek Fallout
It's Getting Ugly......
Perfection is a Myth
Be Different
Moving on While Moving Ahead
An Immigration Abomination
I've Got a Question.......
Logic vs. The Logistics of Inflation
The Free Market - Greed at its Very Best
Informed on Inflation
Don't Fix What Isn't Broken
Harnessing Energy - The Herb Kay Way
Staying Ahead of the Curve
What Trade Deficit?
Greek to Me
There's a Bridge in Brooklyn......
Problems That Don't Exist
Don't Invest in Mediocrity
The Fed's Mutually Exclusive Roles
Deadly Serious
Election Year Scapegoats
"Willfully Insane"
Balancing your Beliefs - How Our Political Convictions Influence the Debate Over the Economy
Let's Reward the Renters
Don't Plug the Hole.......Replace the Bucket!
Europe's Safety Net
The Collapse of the System
Apple Makes a Lemon
Pot, Capitalism & The Free Market
Who is Your Banker?
Real Estate? Now is NOT the Time!
Grading on a Curve
When the Inflation Stars Align
When Foolishness Goes International....
The Recovery?
The Competitive Advantage of Reaganomics
What Wednesday Brings.....
Stopping The Addiction
Signing On The Dotted Line
Be Optimistic - Not Foolish
The Real Story
Selling Your House (and your credit) Short!
The Entitlement State
It's Anyone's Guess
Ask, And You Just Might Receive
Crazy Like A Fox!
It's Only Tuesday!
Spending Some Time - Cutting Spending
There's No Such Thing As Easy Money!
What Exactly is Responsible Borrowing?
Just Bite The Bullet
With Change Comes Turmoil
Q & A......The Herb Kay Way!
Wanna Bet? Gamble on Inflation!
A Lesson on Education
Two Different Beasts: Why Price Does Not Equal Wealth
For this Party - Three's a Crowd
Good Luck With All of That!
Dear Mr. Bank President:
It's Not That Simple
Raising the Stakes
State of The Union: The Herb Kay Way!
Capital Gains - Your Pains!
Cooking the Books
What's in a Name?
Questionable Choices: Healthcare Reform
And the Person of the Year Is......
A History Lesson
Goverment's Stimulus Fairytale
Let's Hope I'm Wrong
Fake Money = Real Problems
Collectors Lie
35 Million Americans Can't Be Wrong
Simple Truths, Simple Lies
Lending and The Federal Reserve: Why Making Banks Rich Again Will be Bad for the Economy
Are You Health Care Aware?
Have Good Credit? With New Legislation in the Works, the Question is, Who Cares?
Healthcare and the President
Tips for Choosing a Bank and the Right Bank Account
 
Pot, Capitalism & The Free Market
 

If you want to see the free market at work without the hindrance of regulators, so far, you need only look as far as medical marijuana.  It is now legal in 15 states and for the record, before I go on and in the interest of full disclosure, I am 52 years old which means I came of age during a great couple of decades, the 60s and 70s – So I’m sure you can see what I’m alluding to here. Unless you never drink wine, beer, or liquor, I don't want to hear any moralizing about pot.  Where it has been legal for a long time, namely the Netherlands, usage has gone down - not up - contrary to what the opponents have said.  To quote the Dutch Minister of the Interior on the subject, when asked why the drop, he answered, "By making it legal we have made it boring".

So, now that more and more states are jumping on the bandwagon - seeing not only issues of allowing adults to be adults - but also the chance for revenue (remember the "Numbers Racket"?  Now it's called the Lottery.  If there is money in it, the government sooner or later will do it!) it is becoming all the rage.  And although there are still federal authorities trying to interfere (like the DEA) at the state level, these dispensaries are pretty much left to their own devices.  And what is happening is pure free market economics as the old time stoners are being subjected to good old mainstream businesspeople opening their own operations.

Seeing a market for a more conservative approach (selling to guys like, well, “products” of the 60’s) nicer and nicer dispensaries are popping up and pushing up against dingy dumps with posters of Bob Marley and clerks that speak a language that is incomprehensible to the grownups who like pot.  The conservative buyers feel much more comfortable in a more, well, pharmaceutical setting with trained clerks in bright and clean places.  Naturally, the old time stoners are hopping mad and protesting like small time store owners did when Wal Mart came to town, but they will in the end lose and be a product of the creative destruction of capitalism.

And the result will be a better quality of store, offering a better quality of pot - cheaper.  The customers will benefit and the business will become more and more mainstream.  Mark my words, it won't be long before even these new purveyors are pushed out as well, as society sees that pot is no big deal and the big chains decide to sell Kirkland Pot.  Ah, I love free markets!