To: John Lawrence who wrote (1356 ) 12/14/1997 1:35:00 PM From: L. D. Respond to of 5164
John, I have to admit that on occasion I came very close to speaking in foreign tongues, or as funny man Terry Peacock would say, speak diabolic languages (Terry I hope you don't mind me mentioning your name.Always enjoyed your funny posts). My frustration had been directed at VSE and the media for the unfair treatment that this company continued to receive. As an investor I've always felt very strongly about the fundamentals and goals of Sungold. Never doubted that with time and lots of effort they can be achieved. Consider this : It's been a few years now since management of this company recognized that native people in North America are striving to act as an independent entity, outside of our mainstream social structure. Self government could be the answer. To provide it's people with basic needs such as education, housing, and medical, government (native and non-native) needs revenue. Many contrairians would argue that gambling on native land is not the answer. The truth of the matter is though, that it is a proven way of providing a source of revenue and economic benefits to communities. No doubt in my mind that benefit outweights the negative impact that gambling creates. This applies not only to gambling on native land but gambling in general. It is safe to say that the majority of people, especially in Canada, are fed up with high taxes, taxes that are pushed upon us by all three levels of governments (federal, provincial and municipal). With the way these governments spend our money we'll need a good continuous source of revenue. We need a tax base by creating more jobs embracing projects such as for example, Richmond Downs, and by doing so create jobs, attract tourists, foreign and from other parts of Canada. Economical spin off from projects on such a large scale is absolutely awesome. No one will argue that profits from projects such as above should be taxed accordingly. We can talk all we want about negative impact of gambling , the fact remains we do need more jobs. My question to any politician is: Are you truly able to face twentysomething individual that is desperately looking for a job and tell him that you did everything in your power to create a job for him ? Will you be able to approach a panhandler in downtown Vancouver (one out of few hundred conservative estimate) and tell him the same ? Let me state this : All these politically correct anti- gambling individuals should realize once and for all, that you don't feed a family with nice politically correct ideas that do not work in real life. Ask any panhandler, he'll tell you. So there.... it's easy to be critical but the question remains: Do you stop selling alcohol? Close down all liquor stores, just because in some circles it is believed that alcohol have a negative impact on society ? Where do we draw the line ? I know that you didn't ask me for my personal opinion on this subject. Sorry about that.