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Cigar Rights in America Discussion of smokers' rights in all 50 states.

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Old 09-14-2017, 01:42 PM   #1
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House approves exemption for premium cigars

As part of the $1.2T omnibus spending plan. Still has to pass the Senate. Good news!
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Old 09-14-2017, 07:31 PM   #2
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Wow, Ryan actually got something done.
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Old 09-18-2017, 01:33 PM   #3
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Old 09-20-2017, 08:12 AM   #4
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This is obviously good news. But I'm not counting my chickens before they hatch. Once the senate passes it and Trump signs it, then I will start celebrating.
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Old 09-21-2017, 10:59 AM   #5
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The bad news is that it is attached to a record breaking budget and a lot more debt just as the Fed is trying to reduce their holdings of government bonds, which is the primary way the government borrows money. That means there have to be tax increases or more money printed, further reducing it's value through inflation.

It's not a wise position to be in, but it will be politically popular until a bubble bursts and a deflationary period is called for, but unaffordable given all of the borrowing in the last recession. The only way to counter inflation is to. Raise interest rates and the government is in so much debt, that would make interest payments the single largest line item in the budget.

Yeah, it's a victory for the cigar community, but it isn't much good for the nation at large.
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Old 09-21-2017, 11:34 AM   #6
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Quote:
Originally Posted by BigO View Post
Yeah, it's a victory for the cigar community, but it isn't much good for the nation at large.
I hardly see how exempting Cigars from the control of the FDA is detrimental to the nation at large.
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Old 09-21-2017, 12:44 PM   #7
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You missed the entire point of my post, Rob. It isn't the cigar exemption that is bad for the country, it's the omnibus spending bill it is an amendment to.
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Old 09-21-2017, 03:15 PM   #8
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Quote:
Originally Posted by BigO View Post
You missed the entire point of my post, Rob. It isn't the cigar exemption that is bad for the country, it's the omnibus spending bill it is an amendment to.
That part I agree with.
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