Activists: Casinos carry hidden costs

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Should U.S. Government issue "Economic Stimulus Debit Cards" that Can’t Be Spent Gambling? U.S. Media has not broadly addressed, and it is not known—if legalized gambling contributed to the large number of credit card, mortgage defaults, and home foreclosures that plague the nation: or how many Americans have written checks against their home-equity-line to cover gambling losses. Legalized gambling has gone national and now exists in several states. Senator Harry Reid and other Democrats want Congress to approve a Second Rebate/Stimulus Plan that could provide billions of Taxpayer Dollars to Americans to stimulate economic recovery and help overcome the credit crisis. Our elected representatives repeatedly state—millions of small American businesses are the backbone, the engine of the U.S. Economy. If that is true, shouldn’t Government make every effort to ensure that Americans spend their next multi-billion-dollar “taxpayer Stimulus”— at businesses that don’t put Citizens at risk of losing their economic cash stimulus? It might better serve Taxpayers if U.S. Government issued Americans “Economic Stimulus Debit Cards” that can only be used to pay for retail goods, utilities, medical bills and other primary items Americans need to survive during these hard economic times? End of Item See: INSIDE GAMING: Stimulus may go out of pockets, onto felt Yes, says one Wall Street analyst. 4 February 2008 by Howard Stutz, Benjamin Spillman and Arnold M. Knightly Click on: Las Vegas Gaming Wire http://66.218.69.11/search/cache?ei=UTF-8&p=Economic+Stimulus+be+a+Windfall+for+Gambling+Casinos%3F&y=Search&xa=h.bPGHdzho0XtvXKJnmOWQ--%2C1225211757&fr=att-portal&u=www.rgtonline.com/Article.cfm%3FArticleId%3D77574%26CategoryName%3DNews%26SubCategoryName%3D&w=economic+stimulus+windfall+gambling+gamble+casinos+casino&d=VL0dtULURj_B&icp=1&.intl=us

Submitted by Ross Roberts (not verified) on October 30, 2008 - 12:02pm

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