Thursday, July 12, 2012

The Stupidity of the American Electorate

Citizens of Ohio have recently voted to allow casino gambling into the state. Several casinos have already been opened.

The Horseshoe Casino in Cleveland, after seven weeks of operation reported $350 million has been wagered there. After paying the winnings, the casino has had a gross income of $42.6 million. The Hollywood Casino in Toledo has reported $240 million wagered with a $22.8 million gross income.

To me it seems amazing how stupid the Ohio electorate has been to allow such a travesty of common sense to enter our state. It seems that people must be dying to get rid of their hard-earned money.

Of course, there are those who will say that a casino pays a lot of taxes; and that helps the state. But…AT WHAT A COST! I am sure that money collected by the casinos has eaten into the household savings of many families that could ill afford to give the money away. Loss of family money in compulsive gambling has caused divorce and family disruption in many homes. Is increasing the tax base worth all that?  

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