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Re: FUNMAN post# 2345

Saturday, 03/20/2021 8:05:41 PM

Saturday, March 20, 2021 8:05:41 PM

Post# of 3048
I guess I have a disconnect as to banking so what can't they expence which is accounting practice. I know Al Capone was convicted of not properly expencing though. So what can't they expence? And how does banking change that? My argue men is to what effect it effects production, icost of good sold and thus profits. I think we can agree it's all boils down to what's in the law -- I just see it as opening up capital markets and reduced risk. Those item's can lead to growth but we're talking "profits" which is not the same thing.

The point I'm trying to make is that it is "federal illegal" that confines activities to a state which is big restriction of MSO -- that does in pact profits! And if it was no longer a federally illegal activity, banking is none issue -- there would be no need for safe banking law at all.
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