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01-08-2009, 11:40 AM
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Saepe errans, num quans hesitans
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Join Date: Sep 2006
Location: NW Las Vegas - Lone Mountain
9,929 posts, read 8,815,099 times
Reputation: 1301
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Quote:
Originally Posted by Ralkin
The Casino Industry is in fear of potential bankruptcy -- that means many banks will not be paid on billions of dollars of loans and tens of thousands of employees will be out of work. This is very serious, entire communities (and one State) are totally dependent on this Industry for economic survival. After the Federal Govt gave AIG billions of dollars (three times) to help fund a party, another "off-site" gathering, and executive bonuses -- it does seem appropriate that the same govt NOT ignove this Industry and all that depend upon it's continued sucess.
Ralph Witkin
Connecticut
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Did you read this thread?
Casinos go bankrupt periodically. It causes no great problems.
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01-08-2009, 12:37 PM
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Señor Member
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Join Date: Mar 2007
Location: Beautiful Upstate NY!
5,218 posts, read 3,512,309 times
Reputation: 1177
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Quote:
Originally Posted by Ralkin
The Casino Industry is in fear of potential bankruptcy -- that means many banks will not be paid on billions of dollars of loans and tens of thousands of employees will be out of work. This is very serious, entire communities (and one State) are totally dependent on this Industry for economic survival. After the Federal Govt gave AIG billions of dollars (three times) to help fund a party, another "off-site" gathering, and executive bonuses -- it does seem appropriate that the same govt NOT ignove this Industry and all that depend upon it's continued sucess.
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Larry Flynt and the guy behind 'Girls Gone Wild' are also arguing the same thing and are now looking to Congress for a bailout to the porn industry...seriously.
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01-08-2009, 12:46 PM
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Senior Member
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Join Date: Dec 2008
262 posts, read 116,627 times
Reputation: 70
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They had better bail me out then!
you cannot be real?
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01-08-2009, 12:57 PM
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Certified Smart Axe:)
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Join Date: Jul 2007
Location: West Central LV
6,035 posts, read 4,619,337 times
Reputation: 1859
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I've heard that business is down for the hookers so they're lookin for a peace of the action
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01-08-2009, 01:04 PM
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Saepe errans, num quans hesitans
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Join Date: Sep 2006
Location: NW Las Vegas - Lone Mountain
9,929 posts, read 8,815,099 times
Reputation: 1301
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I gotta...
Should that not be "a piece"...
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01-08-2009, 01:04 PM
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Señor Member
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Join Date: Mar 2007
Location: Beautiful Upstate NY!
5,218 posts, read 3,512,309 times
Reputation: 1177
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Quote:
Originally Posted by skisickie
you cannot be real?
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Just in time for the AVN awards in Las Vegas this weekend...
Porn Magnates Larry Flynt And Joe Francis Seek $5 Billion Bailout From Government | AHN | January 8, 2009
A lot of people are having a very HARD time in this economy! But have no fear, as Americans, we will RISE above it and stand ERECT in the face of adversity!
Last edited by jfkIII; 01-08-2009 at 02:10 PM..
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01-08-2009, 01:06 PM
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Señor Member
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Join Date: Mar 2007
Location: Beautiful Upstate NY!
5,218 posts, read 3,512,309 times
Reputation: 1177
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Quote:
Originally Posted by olecapt
I gotta...
Should that note be "a piece"...
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tried to rep you, but it wouldn't let me. Now that's my kind of response! Kudos, capt!
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01-08-2009, 01:50 PM
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Certified Smart Axe:)
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Join Date: Jul 2007
Location: West Central LV
6,035 posts, read 4,619,337 times
Reputation: 1859
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Quote:
Originally Posted by olecapt
I gotta...
Should that not be "a piece"...
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It should be....that's what happens when the brain is faster then the fingers
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01-08-2009, 02:07 PM
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Señor Member
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Join Date: Mar 2007
Location: Beautiful Upstate NY!
5,218 posts, read 3,512,309 times
Reputation: 1177
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literally...and figuratively! 
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01-08-2009, 02:43 PM
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Not a member
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Join Date: Nov 2008
Location: Hawaii>SouthLakeTahoe>LA>Vegas>?
163 posts, read 122,467 times
Reputation: 61
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Quote:
Originally Posted by rainlynx
I cannot believe people are so blind. I keep read the bloggers and other website and these people think the federal governement are going to help the casinos. You guys need to get a real life if you even think of the government even helping remotely the casinos. Casinos are consider not important at all to the USA economy and seen as a liability and federal government could care less if they all go bankrupt. For people who think the Casinos are going to be helped out, you guys are really pretty uneducated. I just cannot believe people even bringing up a ridolous thought.
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WOW, I hope a MOD snips this forum, considering how ignorant and uneducated your post is. 4 people here with me just read your post and we're all laughing.To put it simply, YOU ARE WRONG, and its embarrasing to the forum
Here are some true facts for you:
A-The total amount of people employed by casinos is comparable to the total amount employed in every aspect of the automotive industries in the united states(millions)
B-Gambling revenues are one of the single largest tax generators for our state AND federal government
C-Very few casinos in Las Vegas are posting losses, their profits are down, but they don't need a bailout; MGM's third quarter profits was $61 million, down from more than $100-million in the same quarter last year, but they are not in danger of bankruptcy.
Anyone with a basic understanding of finance understands just how important casinos are to the US economy, but you also raise a moot point(NO BAILOUT NEEDED) So please, do some research, maybe take a macro and a micro economics course, pick up the Wall Street Journal, and spell check(ridolous?)
Thanks guy 
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