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crabpainter
02-14-2008, 20:39
This may not be the place to post this but I'll let the Mod's decide.
For sometime now I've listened to our new Governor explain how broke we as a state are. College tuition will be significantly increased. Many government funded programs will be scaled back or cut. Money that was slated to refurb and upgrade state parks is now diverted to the Lexington Horse Park in anticipation of the FEI World Equestrian Games. That's not all. Today I read about road projects around Lexington including an upgrade of Bluegrass field the completion of which will coincide with the 2010 equestrian games.
Listening to talk radio we learn that Kentuckians are against raising the cigarette tax because it targets relatively few to benefit the many... yet the Equestrian games appear to me to be a tax on the many to benefit the few!! In fact all this money will be spent sprucing up Lexington with international traffic signs, outdoor stadiums (plural) and several new 4 & 5 star hotels all for an event that will last 16 days!!! This to me is outrageous and I contend it is but phase one of the ground breaking for casino's.
Now I've got nothing against casino's but I hate being backdoored. It seems too convenient to have all this new infrastructure sitting around unused. Replace the horses with slots makes sense to me and probably to the good Gov too.
It's just not the time for this. If we're broke we shouldn't be hosting this event to this extent. Look, if I had scheduled a party but then lost my job, I wouldn't worry about getting enough shrimp!!! Hell I'd be stretching a buck to keep the lights on!!!???:steamed:

hayley
02-15-2008, 01:24
Given Ernie's negatives, Breshear didn't have to campaign on issues. That is, most voters voted Democratic with no idea what the candidate intended to do... nor could they point to specific policies followed by Fletcher that they didn't like. So now we have an old-line Democratic functionary in office and are just beginning to find-out what is in store for us. (btw, that happened in congressional races throughout the country in 2006 and is likely to happen again in November)

Bren
02-15-2008, 07:52
Sounds like you haven't really thought through the economics of the event, which is odd since the Governor's approach is more like Republican economic policy than Democrat (on the national level, anyhow - Kentucky Democrats are Republicans for all practical purposes). Just a wild guess that your party affiliation is Republican, as is mine, in spite of the Democrats being the more important pro-gun party in Kentucky.

First, the state doesn't build new hotels - private companies do and, as we Republicans know, that means the private businesses bring money to Kentucky and hire Kentuckians, buy Kentucky products, pay Kentucky taxes, etc. Second, any state money used to promote the event is based on the virtual certainty that the income from the event and, therefore, the taxes paid back to the state, will be several times what we spend and so we will increase not only the money in the hands of the private businesses and their employees, but the money paid in to the state. Businesses make money at the event, they collect sales tax from the out of state visitors which goes to the state. They hire employees and pay them and tax on their income goes to the state. The employees have money to spend in the local economy, which includes sales taxes to the state and then goes to the employees of those businesses and so on and so on.

If we're broke, this event is one of many things that will make us LESS broke. We don't bring any wealth into the state without spending some state money to do so.

crabpainter
02-15-2008, 16:18
It sounds like that huh?
I've deliberated over this longer than I care to think and from several different angles. All for 16 days it's a done deal. Yet I can think of examples where this kind of investment reaped ZERO dividends for the state. Atlanta and the Olympic park project is one that quickly jumps to mind. As for your assertion that private companies build hotels and thus provide jobs.. in a perfectly run world that would be true but we're not sure what kind of tax incentives the gov has agreed to kiss away in order to bribe these private companies into coming. Additionally we have a hard time finding qualified help to run a self-service gas station full time... and we need more low skill jobs? Maybe we do need more illegals?
To presume my party affiliation turns the conversation into less than I intended. The terms Democrate or Republican were never mentioned in my original post. I believe government in all it's incarnations bears responsiblity. It's more an issue of class division. In this case as in many others, the have's get over on the have not's. There's tax money available to horse farm owners who pledge to simply not develope their land. This is ludicrous!
How about some real development!! A few years back there was an outfit that was going to start a world class aircraft overhaul business out at bluegrass field. One of their requirements was to extend the general aviation runway and have facilities built on land which belonged to the neighboring farm. We couldn't close the deal. Fast forward through a major fatality and we reach the present where the same land has suddenly become available for virtually the same configuration but for a different reason.

crabpainter
02-15-2008, 16:26
It sounds like that huh?
I've deliberated over this longer than I care to think and from several different angles. It's a done deal. Yet I can think of examples where this kind of investment reaped ZERO dividends for the state. Atlanta and the Olympic park project is one that quickly jumps to mind. As for your assertion that private companies build hotels and thus provide jobs.. in a perfectly run world that would be true but we're not sure what kind of tax incentives the gov has agreed to kiss away in order to bribe these private companies into coming. Additionally we have a hard time finding qualified help to run a self-service gas station full time... and we need more low skill jobs? Maybe we do need more illegals?
To presume my party affiliation turns the conversation into less than I intended. I believe government in all it's incarnations bears responsiblity. It's more an issue of class division. In this case as in many others, the have's get over on the have not's. There's tax money available to horse farm owners who pledge to simply not develope their land. This is ludicrous!
How about some real development!! A few years back there was an outfit that was going to start a world class aircraft overhaul business out at bluegrass field. One of their requirements was to extend the general aviation runway and have facilities built on land which belonged to the neighboring farm. We couldn't close the deal. Fast forward through a major fatality and we reach the present where the same land has suddenly become available for virtually the same configuration but for a different reason.

Berretta9
02-15-2008, 17:26
I don't have a problem with casino's either but I for damn sure don't think Churchill Downs should get to run it. I go to the track a few times a year and always shake my head at how bad the food and service are. I think they need to give it to somebody who actually knows something about running a casino as well as good customer service. Makes you wonder if Breshear didn't get his pockets lined to push it their way.

crabpainter
02-15-2008, 17:57
About casinos. I'm really curious about how Keeneland and Redmile are going to use their licence. As it is, neither wants it in their backyard. I'm betting (no pun intended) they'll let it go to the horse park which puts it on the corner of I64 and 75. That's marginally better than putting it out at the Red Mile and right on a Lextran route. What's the difference you ask? Well the thought of welfare money going to casinos turns my stomach. Welfare recipients don't usually have cars or enough gas to make it to the border casinos.
Course now that I think about it the casinos up in New Jersey run free buses to all the surrounding communities. To those in the unemployment line a free bus ride might be a great waste of a day!

moreammoplz
02-15-2008, 18:02
I may have to go out and buy some Churchill Downs stock....:supergrin:

Bren
02-15-2008, 21:21
Well the thought of welfare money going to casinos turns my stomach.

I object to the welfare, not to the casinos. As long as we are handing out welfare money, any that goes to the casinos is some that won't go for drugs, so at least we get it back in taxes.

Berretta9
02-15-2008, 21:41
I object to the welfare, not to the casinos. As long as we are handing out welfare money, any that goes to the casinos is some that won't go for drugs, so at least we get it back in taxes.

Excellent point.

crabpainter
02-16-2008, 09:20
Get what back in taxes? At that point your private casino owners will have taken their share of our money (out of state mind you) then a portion goes back to the same dinks who spent it there in the first place.. etc and we'll see 2% of the orginal dollar go to our kids schools. The welfare folks I know get their drugs provided by the gov't. Their doctor has no problem issuing scripts for that painpatch that was just recalled. They swear by it.

It reminds me however of a working friends point about welfare.

We pay it to prevent those who receive it from stealing from us while we're at work earning it for them.

Casinos would be fine if everyone who visited were responsible. However as the smoking ban, seatbelt and helmet laws demonstrate it may be necessary to legislate who can enjoy them. Or more accurately who shouldn't be enjoying them. And before I get jumped on here let me say I know at least one family that scammed their way into the system and now wait every month for a gov't check. These folks get their entertainment center from RAC and play XBox while I bust it working 40+ a week. They charitably offered to teach me the ways of the system so I too could Xbox with them. THEY will be in our casinos after RAC takes the entertainmet stuff back and then they will be in our houses when pocket lint won't trigger the slot machine.

At that point my friends statement about welfare will become prophetic.

Here's a thought. What about state owned casinos? Hell New Hampshire owns it's liquor stores and they keep all the profit. The same business model could be used here!