Bill Maher solves the economic crisis: Sell weed!

Speaking on his hit HBO show Real Time, Bill Maher proposed one way to raise some badly-needed cash for the bankrupt federal government: Sell weed.

In April of 1933, President Roosevelt signed an executive order loosening Prohibition laws and ultimately succeeded in having the giant screw-up repealed. The resulting tax revenue provided the federal government with money to help dig itself out of an enormous hole.

Here's a novel idea: The best stimulus package might just be the repeal of marijuana accompanied by a hefty tax and a reduction in spending on the drug war, redirecting that money to investments in infrastructure -- and stop police from wasting taxpayer money launching investigations into photographs of Michael Phelps smoking marijuana.

Watch his full interview with Ron Paul below.

Read Full Story

Can't get enough personal finance tips?

Sign up for Finance Report by AOL and get everything from consumer news to money tricks delivered directly to your inbox daily!

Subscribe to our other newsletters

Emails may offer personalized content or ads. Learn more. You may unsubscribe any time.