Amid the financial failures in 2022, two of the most important have been Democrat-dominated Hollywood and the marijuana trade.
In the meantime lots of of 1000’s of People voted with their toes by fleeing Democrat-controlled areas to states with Republican governance.
People moved out of all 4 of the most important liberal states: California, New York, Illinois and Pennsylvania. Their inhabitants declines have been the best within the nation, whereas conservative states such Texas and Florida boomed by attracting People to maneuver there.
So many individuals left California, New York and Illinois since Joe Biden took workplace that every state would have misplaced one more seat within the Home of Representatives (and one other Electoral Faculty vote) along with the seat that every state misplaced within the 2020 Census. Democrat-controlled Minnesota would additionally lose a seat, whereas the states selecting up these 4 seats can be Arizona, Florida, Idaho, and Texas.
The liberal media misplaced $540 billion in market worth in 2022. The Dow Jones Media Titans index, which incorporates 30 of the world’s largest media corporations together with Disney, crashed by 40% in worth, excess of different industries.
Hollywood’s end-of-year extravaganza, the big-budget “Babylon” film about itself, was a sickening show of depravity that bombed on the field workplace. Even liberal critics expressed dismay at how low this film sank.
Streaming providers, which have been presupposed to be the subsequent great factor, likewise posted losses this previous 12 months. As Netflix turned to selling perversity, tens of millions of People turned it off.
The Wall Road Journal estimates that greater than 100 million Netflix viewers are freeloading off of another person’s password, totaling practically half of its worldwide subscriber base. Reed Hastings, the billionaire Netflix CEO who showers liberal causes along with his largesse, noticed the worth of Netflix inventory decline by greater than 50% up to now 12 months.
An excellent larger drop in worth has occurred within the marijuana trade, which is euphemistically referred to as hashish to keep away from adverse connotations with the dangerous weed. After voters have been fooled into legalizing pot in lots of states, the black market has overwhelmed legislation enforcement and unlawful drug gross sales are rampant now.
Legalizing the drug didn’t curtail the unlawful site visitors as pot promoters promised. Simply the alternative: after making hashish authorized in practically half the states, illegal drug exercise has solely elevated.
Oklahoma, the place a 2018 poll initiative legalized solely medical marijuana, has turn out to be the biggest exporter of pot and different medication to different states, which is prohibited by federal legislation. With an estimated 7,000 marijuana growers dotting the agricultural panorama, the putrid smells, chemical compounds, vivid lights, and extreme water use have remodeled the Sooner State right into a dystopia.
A gangland-style homicide at a 10-acre marijuana farm shocked the state in November, with many questions unanswered about how six Chinese language nationals bought into that enterprise. Courtroom paperwork filed earlier this month allege that the Chinese language-born suspect demanded the return of $300,000 he had invested within the pot operation earlier than he began taking pictures.
Regardless of such rampant criminality, the hashish trade is undeterred because it promotes a March poll initiative there to legalize leisure use of the dangerous drug. The once-conservative state, which options one of many highest concentrations of church buildings within the nation, is being remodeled by this harmful experiment.
Unlawful gross sales of marijuana have precipitated the underside to drop out of costs on lawful gross sales, leading to billions of {dollars} in losses to traders. The value of marijuana in Michigan has dropped by 75%, and related declines in its worth have occurred in California as unlawful pot-growing continues to dominate the market.
California and Oregon are unlawfully exporting their extra marijuana to different states, together with Michigan and New York. Greater than two-thirds of hashish gross sales are estimated to be unlawful in California and elsewhere.
Three out of 4 midwestern states rejected legalizing marijuana there in November, and pot-producers’ hopes for federal laws to finish the banking ban on the pot trade went up in smoke when it was not included within the latest omnibus invoice. Federal laws in favor of hashish appears much less probably within the new Congress, the place Republicans maintain a slim majority within the Home.
Legalizing pot has been disastrous to the desert southwest, the place it has accelerated a dire water scarcity that may quickly lead to deep cuts in what could be taken from the Colorado River. California and Colorado opened the door to rampant marijuana grows that steal immense quantities from the one supply of water for 40 million People.
This month a drought emergency was declared for Southern California, because the Biden Administration didn’t dealer a brand new deal for the way the Colorado River’s unprecedented low water stage will probably be shared throughout the area. Now the feds threaten to impose rationing on water use by the southwestern United States.
John and Andy Schlafly are sons of Phyllis Schlafly (1924-2016) and lead the persevering with Phyllis Schlafly Eagles organizations.