Category Archives: casinos

A bankster prerequisite: Scamming 101


Matt Taibbi explains what triggered Wall Street protests Actually, this long quotation from a February interview of Taibbi explains why it’s accurate to think of crooked investment bankers — banksters — as scam artists as well as degenerate gamblers of … Continue reading

Posted in casinos, economic collapse, Goldman Sachs, Great Recession, mainstream media, The New Depression, unemployment, Wall Street, world-wide economy | Tagged , , , , , , , | 1 Comment

Banking on degenerate gamblers


Confirmation that a “rogue” trader somehow lost $2 billion making “unauthorized” trades at UBS “will test the faith of investors, clients and regulators,” says Wall Street Journal. It should also test the credulity of anyone who would still argue that … Continue reading

Posted in casinos, Congress, economic collapse, finance reform bill, Goldman Sachs, Great Depression, Great Recession, Politics, The New Depression, Uncategorized, unemployment, Wall Street, world-wide economy | Tagged , , , , , , | 2 Comments

Philly’s tax mess — no wonder we’re going broke


I write from Philadelphia, one of the most stupidly governed major cities in the nation. If you doubt that, take a look at the Inquirer story about our delinquent-property-tax-collection system. For years our various mayors and City Council members have … Continue reading

Posted in casinos, City Hall, economic collapse, enviromentalism, Great Recession, mainstream media, Philadelphia, Politics, taxes | Tagged , , , , , | 2 Comments

SugarHouse workers to bet on unionizing


Sure, the SugarHouse Casino next to the Delaware River is an eyesore and a sick solution to the scarcity of good jobs in Philadelphia. However, casino workers deserve job security and a fairer share of the loot that’s not being … Continue reading

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Thump Trump once, it’s all he deserves


(This one’s a little late but hey, so’s my mortgage payment…) Here’s to the Earnest Weasel, David Brooks, and all the other insiders who get paid big bucks to bloviate. Thanks, guys, for wasting thousands of words speculating that Donald … Continue reading

Posted in casinos, David Brooks, economic collapse, Great Recession, mainstream media, Obama, Philadelphia, Politics | Tagged , , , , , , , , , | 1 Comment

DiCicco drops out, but has DROP to console him


And so it comes to pass that one of Philly’s most consistently [GASPS, GRABS FACE]-inducing City Council members would rather just take the DROP money and run, rather than deal with your broke asses for another cringe-inducing term. And it’s … Continue reading

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Fast Eddie’s casino freakout on 60 Minutes


I’m Fast Eddie Rendell, and I’m smarter than the rest of you guys, always have been. It took me years to make you understand that casino gambling is the solution to shuttered factories and tens of thousands of lost jobs. … Continue reading

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A new casino in this economy? Are you crazy?


The utilitarian gambling hall erected on North Delaware Avenue at the border of Fishtown and Northern Liberties puts 1,600 slot machines and 40 card tables within easy reach of neighborhoods across the city, many of them low-income. With the illusive … Continue reading

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