Casino Dreams 0

The Atlantic City casino dream is crashing and, as it crashes, it beggars honest workers.

Casino gambling is a mug’s game. It has always been a mugs’ game, just as the lottery in a mug’s game. The house always wins; the marks always lose. Those who would base their fortune on casino gambling are mugs and losers.

Financing public services by playing a mugs’ game because politicians fear to assess taxes–the price of living in a civilized society, by the way–is a con and a fraud, a mug’s gambit. Like all cons and frauds, it ultimately fails (think Bernie Madoff and Enron). In AC, the con and the fraud is failing big time.

Only the con artists and the fraudsters, who cash in early and get out quickly, benefit, as they play their (you will pardon the expression) Trump cards while leaving the citizenry holding the bag.

Depending on “gambling revenue” to pay for public services is an attempt to take the easy way out of governance.

There is no easy way out of responsibility. The citizenry forgets that at its peril