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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Don Lloyd who wrote (45303)2/1/1999 4:30:00 PM
From: RealMuLan  Read Replies (1) | Respond to of 132070
 
<<but just as lotteries serve positive purposes in _part_ by financing education, etc., and substituting for taxes, speculation serves at least two positive purposes.>>

About this gambling is good for economy stuff, I think it is just a smoke screen. I heard some disturbing statistics about casino and social service spending. For every tax dollar collected from casino, the state/Feb gov. have to spend $1.5 on social services, because there are too many gambling addicted people need help. Of course, you don't hear this kind of statistics from the mainstream media.



To: Don Lloyd who wrote (45303)2/2/1999 4:45:00 PM
From: Yogizuna  Read Replies (2) | Respond to of 132070
 
Don,
While I do agree with many of the fine points you made in your argument, I am of the opinion that the lemming-like mad rush into any and all stocks with a "dot.com" in their IPO or established stock is now a Ponzi scheme-like negative force that will create a bad taste for most everyone involved for years to come.
Anything overdone becomes a negative, as in breathing, drinking or eating, even though these three things are necessary to sustain life, at least for you mere mortals! <VBG> Yogi