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Seminoles offer $1 billion to seal gambling deal

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posted on Apr, 23 2009 @ 10:46 AM
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Seminoles offer $1 billion to seal gambling deal


www.miamiherald.com

BY MARY ELLEN KLAS
Herald/Times Tallahassee Bureau
TALLAHASSEE -- As legislative budget negotiations reached a stalemate Wednesday, Gov. Charlie Crist and the Seminole Tribe offered the state a financial lifeline: $1.1 billion in cash over two years in return for giving the tribe a gambling monopoly.

(visit the link for the full news article)




posted on Apr, 23 2009 @ 10:46 AM
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Wow! They say every dog will have its day and they sure aren’t kidding.

The Seminole Tribe of Florida once upon a time during the Revolution of 1776 described as a First Nation Peoples are stepping up to the plate to save their adopted home state of Florida from their budget crisis by offering a whopping 1 billion dollars in cash to the troubled State Government in lieu of additional gambling concessions and monopolies.

I find it ironic after 200 some years of watching the immigrants to their Native America destroy it in almost every conceivable way that it is the original inhabitants now tossing out a life line to a beleaguered Florida Government hit hard by declining tax revenues from the meltdown in housing prices.


www.miamiherald.com
(visit the link for the full news article)



posted on Apr, 23 2009 @ 12:14 PM
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Wow, you took this story a different way then I did.

To me it looks like a business trying to buy a monopoly from the government.

What if Microsoft offered 100 billion to the US Government to shut down Apple?

Is this not the same thing?



posted on Apr, 23 2009 @ 12:26 PM
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Originally posted by breakingdradles
Wow, you took this story a different way then I did.

To me it looks like a business trying to buy a monopoly from the government.

What if Microsoft offered 100 billion to the US Government to shut down Apple?

Is this not the same thing?


I think we are taking it the same way my friend. There is no doubt about it that the Seminoles are looking to cash in on the State's budget woes and gain a monopoly on gambling in Florida over not only other Indian Tribes but paramutual corporate interests that are also allowed to have slots and pan poker at the race tracks.

It's been an interesting few months in regards to this in that Govenor Christ originally allowed the Seminoles to add Black Jack tables to their casinos for a 100 million dollar advance payment on taxes the Indians agreed to share with the state if they could add more lucrative Las Vegas style table games.

The State Legislature struck it down though, but the Seminoles not only did not pay the 100 million to the state because the Legislature struck it down but insisted that they have the right to keep the Black Jack Tables operating which they have been because technically only the Federal Government and not the State Government have the right to come on to their lands and police them or enforce a court action of any kind.

As the Seminoles anticipated the Agency for Indian Affairs in Washington has chosen not to get involved so they are continuing to run the Table Games without having to supply any portion of the revenues to the state.

Yet my additional take on it is that they know the State is hurting and even though Gambling does little to actually help the over all Floridian economy and in fact probably actually hurts it, the Seminoles have been pressing their cash rich advantage to see if they can get the state to make far more concessions to Table gambling and the tribe than the original deal called for.

I find it ironic at a time when many state's governments teeter on the verge of bankruptcy and the Federal Government does as well that an Indian Tribe is sitting in such a cash rich position of economic power.

Talk about the tables turning!

Thanks for your post!



posted on Apr, 23 2009 @ 12:44 PM
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reply to post by breakingdradles
 


What if, instead, Microsoft just persecuted Apple's employees, moved them all to Kansas, and stole all of their assets?

Kind of reminds me of what happened to Native Americans when the New World was 'discovered' . . .

What is the big problem here? If it is done right, with some kind of tax or kickbacks going to the state, maybe this way us Floridians can save some of our teachers' and other state employees' jobs. Don't the Seminoles at least somewhat deserve this too? I mean, their entire culture and livelihood (along with countless other tribes) were essentially destroyed by the conquistadors and European settlers over the last few hundred years.

Plus, maybe, just maybe, I won't have to drive 2+ hours to Melbourne, Daytona, or Tampa to play in a real poker game!



posted on Apr, 23 2009 @ 12:52 PM
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reply to post by PH43DRUS
 


I don't begrudge the Seminole's any opportunity they can seize or make. But it does concern me that the term 'monopoly' could be considered as a 'secondary' concern over the money itself.

There is a reason monopolies are not compatible with our socio-economic practices (in theory). Why would it be a prerequisite condition that it be a monopoly? Are we suddenly trading federal reserve credits for permanent economic power? I dunno, it just seems to go against the grain of fair business practices.



posted on Apr, 23 2009 @ 12:56 PM
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Originally posted by PH43DRUS
reply to post by breakingdradles
 


What if, instead, Microsoft just persecuted Apple's employees, moved them all to Kansas, and stole all of their assets?

Kind of reminds me of what happened to Native Americans when the New World was 'discovered' . . .

What is the big problem here? If it is done right, with some kind of tax or kickbacks going to the state, maybe this way us Floridians can save some of our teachers' and other state employees' jobs. Don't the Seminoles at least somewhat deserve this too? I mean, their entire culture and livelihood (along with countless other tribes) were essentially destroyed by the conquistadors and European settlers over the last few hundred years.

Plus, maybe, just maybe, I won't have to drive 2+ hours to Melbourne, Daytona, or Tampa to play in a real poker game!


The problem here as always is the religious left and right in the Legislature wanting to legislate morality!

It of course never dawns on them that they have a penchant for gambling as well when they stick their names on the ballot to run for office and when they decide their Christian based faith teachings must be the correct ones even though there are a number of other philosophies out there to live life by.

Florida would be stupid not to jump on this deal. For years off shore gambling boats have been raking in unregulated untaxed profits that the state could have benefited from. Instead of overly moralistic legislatures having the vision to understand how it benefits the citizenry these businesses just sail out past the three mile limit and do it legally that way with a nod and a wink from the port authorities.

I would dare to go so far as to say it wasn't simply the fact that they were imigrants to America that displaced, murdered, raped, stole and imprisoned the Indians, it was because of their hypocritical Christian Doctrine that justified it.

The point here is the Indians as usual seem to be adapting better than we are!



posted on Apr, 23 2009 @ 02:09 PM
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reply to post by Maxmars
 


Fair business practices? Have you been watching and reading the same news that I have for the past year or so? It has become apparent to me that the rules have changed/are changing. I don't think the big wigs at Goldman Sachs, AIG, Chase, etc are losing sleep over the curricula of their college, business ethics classes.

I have friends that have a better than not chance of losing their teaching jobs after the school year ends in less than two months. The university I work for is cutting the budget by more than fifty million dollars for the next fiscal year, along with hundreds of jobs. That is just one middle school and one university in two counties. The state needs money, period. Why pass up the offer? What other options are there? Bailout money? High interest rate loans? Deeper debt?

The important question is why wouldn't they jump on this? Perhaps it is because they don't want to release the slightest bit of the stranglehold they already have on the socio-economic system--they want all the power for themselves. They're probably stalling so that they can figure out a way to kick the middleman--the Seminoles--out of the deal, and hoard all the money for themselves.



posted on Apr, 23 2009 @ 02:32 PM
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Originally posted by Maxmars
reply to post by PH43DRUS
 


I don't begrudge the Seminole's any opportunity they can seize or make. But it does concern me that the term 'monopoly' could be considered as a 'secondary' concern over the money itself.

There is a reason monopolies are not compatible with our socio-economic practices (in theory). Why would it be a prerequisite condition that it be a monopoly? Are we suddenly trading federal reserve credits for permanent economic power? I dunno, it just seems to go against the grain of fair business practices.


Sadly monopolies aren't compatible with our socio-economic practices and one look at our moribund economies clearly demonstrates that.

Whether it's Wal-Mart or
Micro Soft in obvious cases
or
Exxon's endless corporate umbrella that makes it seem on the surface that Tony the Tiger is just pushing Gas and Corn Flakes not Drugs, T-Shirts, Lawn Mowers and Furniture too is almost mute.

Our entire economy has a strangle hold on it by too few hands given way to much lattitude to conduct business in ways that reap obscene profits that are never put back into the economy.

Yes the Seminoles are looking for a monopoly that likewise will effectively shut down some small gaming operators throughout the state.

Govenor Christ says he wants to use the money for education and I would contend that is a lie!

The Florida Lottery was supposed to have it's proceeds go towards Education. Everytime I go to the grocery or convenience store I see people lined up to buy tickets but not much money for schools comes out of it, why?

Administrative costs.

Look for a new Gambling regulatory body to have plenty of administrative costs if this Seminole deal goes through. They will have to have not just offices and agents but a costly anti-gambling campaign to go along with it in the form of posters and self help groups and hotlines for gamblers...Administrative costs. The government will get a few hundred nice paying jobs out of it, some ad agencies and mental health workers and the citizens will get...0



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