Unfortunately, many cities are turning to the idea that a casino will restore
their downtown areas to their former glory of the 60's and 70's when
everyone went downtown to shop, view movies, eat out, etc..But casinos are
truly designed to draw you in and keep you there until you spend it all.
Just getting a taste of what they do to the people that come to their casinos.
If the casino business goes bust it will be bad news for many of the people who
make their living off supporting the industry, probably many readers of this
publication and members of the LDS community.
Ah, legalized gambling...a tax on the uneducated and elderly.
We were tickled when we moved to Idaho and found that their property taxes and
income taxes were less because they have a "Regressive Intelligence Tax"
(a state lottery). That's one tax I've never paid a single cent to.
Some places are definitely overbuilt on casinos but I don't imagine a lot
of casinos are going to disappear soon. A few in atlantic city, for sure.
Anyway, it's fun, and I enjoy it.
I spoke with a waiter recently in Galveston, TX. He worked in the casinos in
Lake Charles, Louisiana. He quit, sold his house, bought an RV and moved to
Galveston.He said he did it because he could not stand to see the
people losing their money and crying. He said the casinos have no heart.Yes, I know that it is a regressive tax on the uneducated, but I
don't think that it is right to have an economy built on predatory
capitalism. Capitalism will eventually collapse based on its excesses, but in
the meantime, I don't think that we should be encouraging those excesses.