Editor's Note: Carol Costello’s piece on “gambling the U.S. out of a recession” was met with staunch opposition by Wednesday’s American Morning audience. Most proclaimed such activity was unlikely to provide the needed revenues to cover growing budget gaps, and doing so would simply put people further into debt.
- Mark: Hello Carol at CNN: In response to your question "can we gamble our way out of recession?" Governor Rendell of Pennsylvania alleges that gaming has helped relieve property tax burdens levied on owners. Without analysis of the numbers his allegation is arbitrary. Home values have dropped in proportionately to its current property taxes. The potential of loss in gambling favors the house. It is of my opinion home owners as a whole have much better odds in not gambling their money away and spend it on paying their property taxes. My final answer is no way.
- Dave: Though there are many reasons that our government is 'broken,' One of the major players is the lobby system. It amounts to legalized bribery, and in fact, these practices are outlawed in most all of the democratic governments. It gives an unfair advantage for the corporations over the people who are supposed to be represented: the constituency that voted them in!
- Jim: Broken Government: […] Opening up more casinos will just put the people more into debt. You see you can lose 200.00 in 15 minutes If you win 5.00 you think your a winner and it does not stop after that. It's all Luck no skill. Sure it's a nice day out. Take Atlantic City for instance. Many people will take 200.00 and try there luck. But when you get there and casino starts getting a lot of people they raise all the table stakes so you cannot sit down and have a good time. They are there to rip the clothes of everyone. This dream will never come true. Good idea to send someone down and just see how the casinos operate. You will be surprised on what you find on certain times of the day. […] Great show in the morning. You have me hooked.
- Jeff: AMFix asks us whether casinos are proof of "broken government" in Pennsylvania, but there is no mention of the fact that the legislation legalizing some forms of gambling in Pennsylvania is nearly 6 years old. Isn't this relevant to a segment that is evaluating the current state of our government? I do not support the casinos in and coming to Philadelphia in any form. Suggesting that the PA government is "broken" is not necessarily something I disagree with either. But CNN is doing damage when an AMFix segment implies that it is the current PA legislature and government that is creating these problems, when we've been dealing with casinos and their attendant drama for the better part of a decade.
Champ: Could the new york stock exchange have a nick name CASINO? It is gambling so what is so wrong with other casinos used for gambling? they use cards instead of money.
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