Thomas Jefferson said in 1802: "I believe that banking institutions are more dangerous to our liberties than standing armies."

"The democracy will cease to exist when you take away from those who are willing to work and give to those who would not."-- Thomas Jefferson

"When in danger or in doubt, run in circles, scream and shout." .... jbd

"When once a job you have begun, do no stop till it is done. Whether the task be great or small, do it well, or not at all." .... Anon

Insanity: doing the same thing over and over again and expecting different results. - Albert Einstein

Television is one daylong commercial interrupted periodically by inept attempts to fill the airspace in between them.

If you can't start a fire, perhaps your wood is wet ....

When you elect clowns, expect a circus ..............




Monday, October 26, 2009

CASINOS IN OHIO

Some company, or companies, are going to build four casinos in Ohio. I have not seen any figures on construction costs, I am going to guess 300 million for each of them, it may be more.
WHO PAYS FOR ALL OF THIS?

They say 34,000 new jobs in Ohio. WOW
WHO PAYS ALL THESE EMPLOYEES?

The overhead, all the additional amenities needed, entertainment, food, etc.
WHO PAYS FOR ALL OF THIS?

WHERE does all the money come from to pay for all this construction, all the employees, all the overhead ........... AND, they are going to have MILLIONS left over to give back to the state. Think about this, gambling in other parts of the country is down about 30%, no prospects right now of it getting any better.

WHAT would appeal to some investors to take such a risk, to invest all these millions in CASINOS IN OHIO................. They must know something ........

WHO gets FIRST COUNT of the money in the casinos? Is the Ohio Lottery Commission capable of controlling these casinos, and 34,000 employees. What is their experience in controlling this? OH, you say, "None."

Is Federal Grant Money going to be available to help defray all these costs?
Will Government Money pay back these investors?
Will Federal Subsidy help pay the overhead costs?
Is there a Federal Casino Assistance Program available to help them out?

Millions to build them, Millions to operate them, and they are going to give Millions back to the State of Ohio ......... GOSH ........... that's a lot of money, where is it all going to come from ...............

YOU, YOU, YOU, the poor pathetic OHIO taxpayer who thinks he is going to get rich, and win an UNLIMITED amount of money, or become addicted to gambling. Well, don't these citizens have a chance of winning ............. NO, because they have to pay back those investors, and all the employees, and all the overhead.

Flipping a coin, 50/50 chance of winning. They don't flip coins in a casino, they don't like the odds ............... THEY don't have an "edge."

Casino odds are calculated to take your money ..........

So, who is paying for all this .......... THE OHIO TAXPAYER and WAGE EARNER.... just think of all the money that has to be LOST in the casinos of Ohio .... BILLIONS.

And the FOP thinks this is a good idea, wonder who got to them and how much it cost. Some politicians think this is a good idea. No brainer there, we know how easy they can be bought off.

My guess is there are a lot of new boats anchored on Lake Erie, or some new condominiums being occupied somewhere, all owned by supporters of Casino Gambling in Ohio.

"What's earned in Ohio, gets LOST in Ohio."