Posts Tagged ‘Las Vegas’

1205956_cards_dollar_signs.jpgIllegal immigrants should be proud. Citizens of Vegas are pulling a Houdini and getting the heck out of town. The reason is obvious. To play, you have to pay. People have less disposable income as more jobs are lost and the economy continues to implode. Folks are not spending their money in Vegas. According to the news reports, the financial evacuation of Vegas would be higher were it not for people unable to sell their properties. Vegas has suffered greatly from an upside down real estate market, too.

While people make up their own minds about vacations, the President’s bad talk about Vegas in the past does not inspire confidence. Confident Americans spend money when they know they can recover or re-earn the money they have spent. If Americans think their earning potential is lowered, they will save and not spend.

Don’t count on Generation X Americans being comfortable in spending greatly. They saw the implosion of 2008 shrink their 401K security blanket. Gen X will have to save considerably more as the dollar contracts in value. Baby boomers will hold on to their pennies, too. They have healthcare on the brain and know that if ObamaCare survives, medical tourism will be the only way to keep them alive. Generation Y didn’t have a pot-to-pee in anyway, so they don’t matter. Generation Y will become Generation whY? as they see what little they earn gobbled by ObamaCare taxes and suppressed wages from a stagnant economy. No one wants to spend anymore.

Only our government acts as if it has any money. After all, only the government can print money. The government is increasing our national debt to the point that within five years, we will be paying more on interest payments for debt without paying principle. No family could survive on a budget formula like that and would more than likely end up filing bankruptcy. If this is true, then why is our country not bankrupt? It is. Debt is not wealth, it is bondage. America is in bondage.

The only thing keeping things afloat is the illusion that the American dollar is like gold and has intrinsic value. The game played is as more money is printed, more money is in play. That sounds alto like a game of Monopoly where the actual value of money is subject to the rules of the game. Sounds like a game that people in Vegas would play, doesn’t it? Washington and Vegas are both gambling towns. Obviously there is only room enough for one gambling addict at the table.

It seems the only way that Vegas can survive is if Washington can convince enough Americans that their Monopoly money (US Dollar) is worth the game.

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Back in 1994, our esteemed Senator Jesse Helms warned President Bill Clinton that he “…better have a bodyguard…” upon visiting the Tar Heel State. Helms was echoing the sentiment of many military families who faced downsizing, base closures and reduced spending for America’s defense. Back then, the Liberal media dogged Helms and painted him as a hateful, racist homophobic. The assault on Helms was relentless.

Fast forward to today. Obama belched out criticism of Las Vegas again, advising Americans to not spend money there.
Las Vegas Mayor Oscar Goodman ripped President Obama saying, “I’ll do everything I can to give him the boot back to Washington.” Mayor Goodman is refusing to give an apology. wheresthebeef.jpg

The press is covering the story, but not with the same visceral effort. Mayor Goodman is a Democrat and will not be held to the same standard as Jesse Helms. Helms was tar and feathered by the media. Goodman is being portrayed as a hack that is giving the President some very good fun air time.

America is tired of the media bias. That is why the old media entities of Helm’s time are rapidly decaying into history. We have figured out that the old media owns the monopoly on hateful, racist and homophobic actions.

Jesse is looking down on us, smiling in satisfaction.

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