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05/16/2013 17:50 #57670
Outer Harbour ?????Category: buffalo
Last summer they had these concerts at the outer Harbor ... Now I'm sure before that happened there where things in planning stages and things thought of...
But there is if you walk or don't drive no good way to get there or maybe I've never tried since the shamrock run is around that area ... sure wouldn't feel safe on a bike though but maybe that is just me.....
My point is that as soon as Bass pro was even an idea or any canal side expansion "The Train" should have been sent out to outer harbor .. No media none of all this political stuff just do the right thing shut up and get it done... The same thing with the Gorgeous Bridge they where going to build to connect the Harbours oh that went up in smoke quick...
I could be wrong but I don't think that shit happened in toronto where the water cuts between land they have a bridge as anyone who has ever been in a car going into the city can tell you. There above ground goes out to CNE grounds :)
But I can't really say cause I haven't been to other cities my point is all the think they call it infostructure should have been done before hand... WEll maybe now since it would bring construction jobs they can get the Billions for Buffalo $$$$$
05/12/2013 22:02 #57661
article about legal sales ....Category: drugs
So Haven't posted an article in some time but this is part of the legal web of when something is legal on the state but not National Level
This ties in kinda with a post I wrote about since Pot isn't legal at the federal level even if it is Medical how does the taxes work.......
Pot Shops Can’t Take American Express or Deposit in Banks
By Alison Vekshin - May 12, 2013 8:00 PM ET
Every month, Elliott Klug or one of his business partners walks into the Colorado Revenue Department with a messenger bag holding thousands of dollars in cash and watches as state employees start counting.
Klug, co-founder of PinkHouse Blooms LLC, a chain of five medical-marijuana dispensaries in Denver, has to pay his sales taxes in cash because federal law bars banks from offering accounts to pot shops, even as Colorado allows and taxes them.
Enlarge image
Colorado is among 18 states that allow the medical use of marijuana, and 11 that permit sales through dispensaries. Photographer: Matthew Staver/Bloomberg
“It highlights the awkward situation we’ve been placed in,” Klug, 36, said by telephone. “We are paying taxes, but despite our best efforts to be good citizens, we’re still paying in cash.”
Colorado is among 18 states that allow the medical use of marijuana, and 11 that permit sales through dispensaries like Klug’s. But federal law labels the drug a controlled substance and requires banks to report related transactions as suspicious activity. The inconsistency creates a gray area for dispensary operators, who have to choose between operating as a cash-only business, susceptible to robbery, or finding creative ways to open checking accounts and accept credit and debit cards.
“They’re encouraging cash operations, which are a threat to public safety, and much more difficult to track and audit,” Aaron Smith, executive director of the Washington-based National Cannabis Industry Association, said by telephone, referring to the conflicting rules.
Dispensaries pay federal, state and local taxes, in addition to state and local licensing fees “that often run up to tens of thousands of dollars annually” and many government agencies don’t accept cash, Smith said.
Seeking ‘Solution’
“We’re just looking for a solution where we can bank legitimately like any other industry,” Smith said. “Wherever you stand on the marijuana issue, it serves everybody’s interest to have banking access.”
Klug said that until 2011 he had checking accounts with Wells Fargo & Co. (WFC), which “welcomed us with open arms and then changed their minds.”
San Francisco-based Wells Fargo, the fourth-largest U.S. bank by assets, “opted not to bank these businesses in view of the complex and inconsistent legal environment,” Jim Seitz, a spokesman, said by e-mail. The bank conducts regular internal reviews and “if we identify a situation in which a policy is not being followed correctly, we act accordingly,” he said.
Klug now uses cash to pay about $45,000 a year in licensing fees to the state and remits about $35,000 a month in sales taxes to Denver and the state.
Innocent-Sounding
Some dispensaries get around the rules by setting up a shell business with an innocent-sounding name and not divulging that it’s tied to medical marijuana, said Dale Gieringer, director of the California office of the National Organization for the Reform of Marijuana Laws, a pro-pot group. California was the first state to legalize medical-marijuana use in 1996.
“As long as the bank doesn’t find out, you should be safe,” Gieringer said by telephone. “Or you can use a family account or a personal account. Some people have another business on the side and they use that account.”
If the subterfuge is discovered, “the bank terminates services with no explanation,” Gieringer said.
Bank officials say they are complying with federal law.
At Wells Fargo, “our policy of not banking marijuana dispensaries is based on applicable federal laws and our own assessment of our responsibility,” said Seitz, the bank’s spokesman.
Credit Cards
Similarly, American Express Co. (AXP), the biggest U.S. credit-card issuer by customer purchases, “has made a decision to not allow card acceptance for medical marijuana,” Sanette Chao, a spokeswoman for the New York-based company, said by e-mail. “It is our policy to adhere to federal law in such matters.”
Some financial institutions look the other way.
“There are some locally owned banks that medical marijuana companies are utilizing,” Daria Serna, a spokeswoman for the Colorado Revenue Department, said by e-mail.
Banks risk losing their deposit insurance or their federal charter if they violate the law, said Robert Rowe, senior counsel at the American Bankers Association, a Washington-based industry trade group.
Under federal law aimed at preventing money laundering, “banks are supposed to know their customers,” Rowe said by telephone. “One of the expectations is banks will do some checking into their customer and what kind of business they are doing.”
‘Suspicious Activity’
The Federal Deposit Insurance Corp., which insures customer deposits at U.S. banks and regulates some state-chartered banks, “has advised regional and field staff that banks should file Suspicious Activity Reports on transactions and deposits related to proceeds from the sale of controlled substances,” Greg Hernandez, a spokesman for the Washington-based agency, said by e-mail.
“It is the FDIC’s expectation that banks conduct prudent due diligence regarding their customers and should know and understand the types of businesses the customers operate,” Hernandez said. “Knowing that cashflow comes from an illegal activity should raise concerns of bank management, who is expected to evaluate the account relationship to determine whether the account should be maintained or terminated.”
At The Joint, a Seattle-based medical-marijuana dispensary, founder Shy Sadis said he has an account with “one of the top banks in the United States” and has an automated-teller machine on site for his customers to get cash.
“We do payroll for all of our employees,” Sadis, 40, said by telephone. “It’s crucial to have a bank account. If we didn’t, we would be underground, dealing with cash and not paying our taxes.”
Regulatory Framework
In Washington, where voters last year legalized recreational use of marijuana, the Liquor Control Board is designing a regulatory framework for the new industry that includes a 25 percent tax on producers, processors and retailers.
Businesses paying in cash would present a security issue, said Brian Smith, a spokesman for the board.
“We’ll need to be prepared to accept potentially large amounts of cash,” he said. “Do we suddenly have to have armored-truck service? That’s a potential.”
Scott Jarvis, director of Washington’s Financial Institutions Department, took the issue to regulators at the FDIC and the Federal Reserve in March.
‘Make Decisions’
“The purpose was to let my federal counterparts know that we had passed the initiative, that the state was moving forward in fulfilling the will of the people and that when push comes to shove, money has to go somewhere into the banking system,” Jarvis said. “And to alert them that at some point somebody will have to make some decisions.”
Still, Jarvis said his agency will probably issue guidelines reminding financial institutions of the federal law.
“We have a lot of banking and credit-union folks that are interested in providing banking services to this industry,” Jarvis said.
“I think we’ll have some resolution either through policy at the federal level or through the court system,” Jarvis said. “Also, Congress could act.”
U.S. Representative Jared Polis, a Colorado Democrat, in February introduced a bill to remove marijuana from a drug classification known as Schedule I, or most dangerous, where it is listed alongside heroin.
“We want to make sure they have access to the same type of banking facilities as other businesses,” Polis, who said he doesn’t smoke pot, said by telephone.
Federal Response
States are also looking to U.S. Attorney General Eric Holder, who said in March that the Justice Department is considering a response to voter approval of recreational marijuana use in Washington and Colorado.
In both states, anyone 21 and older can legally possess as much as 1 ounce (28 grams) of marijuana for recreational use. Nonmedical retail sales remain illegal until the new rules are in place.
In Colorado, lawmakers this week approved bills to regulate and tax recreational pot purchases. A task force on implementing the law recommended that the legislature consider all alternatives to help businesses access banking services.
“Efforts are needed either to secure a federal exemption for legal marijuana businesses in Colorado to be able to legally bank with federally insured banks, credit unions and other financial institutions, or to create a local financial institution that is not subject to federal regulation,” the task force said in a report.
Once recreational-marijuana retailers open shop, there will be some small banks that will accept their business either publicly or through “willful blindness,” said Robert McVay, a lawyer with Seattle-based Harris & Moure PLLC, which has helped medical-marijuana dispensaries open in the state.
“The business is there and whoever steps into it is going to do well,” McVay said.
To contact the reporter on this story: Alison Vekshin in San Francisco at avekshin@bloomberg.net.
To contact the editor responsible for this story: Stephen Merelman in New York at smerelman@bloomberg.net.
05/05/2013 16:03 #57626
Bats beat bisonsCategory: photos
I have no Anthem Pictures cause I was still in line for tickets when they or whom ever sangthem sang.. There was a part of the game I didn't get.. Guy got hit the pitch and didn't get to take a base but a new batter came in for him.......
I love this race part so much fun for some reason......
04/28/2013 12:34 #57588
Empty Buffalo and food trucks damit damit ......Category: buffalo
Recently the food truck battle has been raging in Amherst and I don't agree with Amherst but an ugly truth has come up again and it is what was used as part of the anti casino movement and those people had kinda a point .....
YES The FOODTRUCKS are a boom to the ELMWOOD AREA when they are there and yes they do bring people to where they are however and this isn't a bash on them it is a bash on the burbs and our current world.....
On Saturday I went to the bank and it dawned on me how long as Mode been empty ? The bar part was open it re opened clossed.... The names have changed .... Glad there is a Joe's Deli across from the bank coming some time but how long was that house front open for years....
I admit that I don't shop that much on Elmwood.....
When I was a kid Grant St. got all the place with these Gorgeous Black and Gold maybe bronze or Platnum is more correct signs and it was a boom... Well for a few years... Now there is a movement to bring Grant St. back and there are some great places... Buff State is right there it should be... And Amherst is taking off..... But yet a place closes on Elmwood and sits empty for years ...... Not good.......
I've heard Hertel is the new hip place to be ? Heard a rumor that we might get a sisster site or maybe someone was just going to by the name for one or change the name....HA
See that "Hip Factor" that "Buzz" the "It Factor" the "Cool" the "Social Media show up there" is what some of those sit down places fear... They can't keep up with that and never can.........
The new build up is the Waterfront.... Yeah the waterfront is great and should have been great years ago.... But Buffalo isn't Toronto :( Grant St. Elmwood , Hertel, Amherst (The street that connects them to each other lets call it the gateway :) OH ) and The Waterfront all can't be connected by business .... Buffalo just doesn't have the people.... Maybe if you count the burbs but they have there own little towns :)
When I was a kid we ate at The Hatch if at that part of the waterfront and not the other way in Tonawanda .... Then it was onto the Ice Cream that dripped faster then you could eat it..... Near front park it was teds or they had a stand... Watch out for the birds they would steel your food....
But there is a part of me that wonders if say a Mr. Frosty truck or some other company pulled up what would that have done to the ice cream place would it still be open ?
Unless Buffalo brings in more people everything can't stay open ..... That is the ugly truth..... Not enough people and enough money... I still think we are going in the right direction but think we will all ways be a pocket city... We are a small city we aren't NYC, Toronto or any where else....
My point isn't that I really have one... But that we don't have enough resources to support everyone that runs a good place in Buffalo we just don't..............
04/27/2013 10:21 #57581
random thoughtsCategory: thoughts
-so woke up today and went off to the bank still not really 100% awake got a can of Kickstart that did seem to help some
-Not use to the sun it feels good out there makes it feel warmer then it is... most times i'm up before it and it isn't that bright when heading home or maybe I'm awake by then so.......
-There is still something hot as wrong as this is about girls with hair up pajamas and hoodie of some kind ... Maybe if she just rolled out of bed she would roll back in with me ?
---that being said still not as hot as Yoga Pants oh my thank you for whom ever came up with those.. not as good as the tight jeans that show off the front as well but any one who wears the yoga pants it shows off and makes what ever they have back there look good... Didn't see any on the strip though....
-Lost my train of thought what was I talking about next
-Once I wake up ??? going to work on my place or try to so tough to know where to start some times.........
-Now at work Prioties I can see so well gotta do this then that... Hey why is that person doing that no that is wrong gotta do this first why are they slowing me down ... ARGH ARGH FUCK..... But at home it is so tough I think part of that might be cause work ends at a said time so you can if you have to work backwards... Or less tasks ??????
-sometimes I forget to come here .... Cause I don't have anything blog worthy and I forget that to come here is also about reading... That can inspire a post
-Sometimes I feel like grabing the art off the walls the photo albums and cameras and maybe my CMPunk gear tossing it in a you haul truck and starting over someplace
-Oh wait that is right I can't drive..... yes that makes me feel like a loser sometimes....
--->But If I had a car then I would spend all my money going to shows at DarienLake and I'd need a 2nd job just to pay for the car not to mention the shows and traveling for WWE and other wrestling
-I saw some amazing art on a QCRG poster up on Elmwood think they called it light Twilight Zone and creatures where fighting on a big bomber jet...
--->There is a lot of amazing art out there that you might not even notice sometimes try and look around and notice it... Saw a Tag on a train that was amazing had like a girls purple face and letters looked like monsters then later on at wal-mart this lady had some great ink.... looked quick don't want to stare...
-? at the Sunoco on Elmwood they had this bottle of stuff that look really cool and might be tasty called Mojo shot any one have any idea how they can sell it ? it is 17% alcohol ? Is maybe what it is made out of ... That Doesn't seem legal ?
I'm sure I missed something I all ways do since thoughts come when not at a computer.... Yeah really need to get like some type of smart phone that is tough rugged has a great camera and won't tie me up for 2 years if the cell service sucks... with real or truely unlimeted up loads so I can do the mobile thing ...... but how long have I been saying this ?
Ah thanks... I guess when you say visit some place one wouldn't notice it since one isn't living there :) ?
Living in another area is a very enlightening experience. But the political crap goes on everywhere, albeit in varying degrees