Is the Government Addicted to Gambling Revenues?Who's Regulating the Regulators?


GreenFish66
#1
Is the government addicted to gambling revenues?...

So Who's regulating the ( Gamin' Gov. )regulators...?
It's time for an intervention..

I believe governments are addicted to gambling revenues..It is time government get's outta of the gaming industry..Sell it to big business so it can regulate like it's suppose to be..!Before the Poor and Seniors are broke ..

Politicians are becoming addicted to gambling revenues at the expense of the seniors and hard working poor..Bus them in ..take their money..send them home broke!..It's just plain criminal..It is time for governments to get outta the gambling business.Sell them off.Governments into gaming the people , Only adds to the belief that government only cares about 1 thing. $$$$...

Maybe I'm being too harsh ?..

I believe privately/big biz owned casino's can be fun to visit.Betting on the horses ,even a good card game is fun..Once in a while ; but, do we really need 3 or 4 casinos' within 30 minutes of each other?..
What does this say about the priorities of Gaming Governments?
It's bad enough we have to watch/worry about Big biz taking advantage the people..Do we really need the government in the biz!

Who is regulating the regulators.?
What happens when the seniors and hard working poor , run out of gambling money ?

Go into the Casino see how many people are smiling and having fun at the slots...
It's easy to spend $100 in less than 30min...Fun eh?

Time to get outta the gambling biz Governments...Show the people you care about more than easy sleezy money!
But if it is about the money .I'm sure there is far more money to be made in regulating casino's, taxing winnings, and helping addicted gambers, rather than running the business that creates them..

The Smoking, Drinking and Gambling businesses are bad businesses to be in; when your the government..!

I think it is time Canadians arrange an intervention.It is time the Governement face their addiction to gambling revenue..!..Before the money runs out!

Time Government gets out of the gambling industry; So they can fairly regulate it.!

It's just common sense..!

__________________________________________

Governments addicted to gambling revenues?Time 4 an intervention?Who's regulating ?

Casinos aren't a good gamble | Toronto & GTA | News | Toronto Sun - Gov Big House Always Wins !- They seem to play with loaded dice..Play Craps with vulnerable peoples lives....I think it's a safe bet to say the gambling poor and seniors who attend these casinos will always lose in the end..BIG TIME!...

------------------------------

.....and what's with these damned scratch tickets?.....Who wants to go out and buy , say a $2 scratch ticket , just to win $2 back..?
What's the use of buyin' it in the first place?...I mean Come on !..Time to up the paybacks!...
 
Machjo
#2
So where do you expect the government to get the funding to help gambling addicts?


Oh, you mean the government itself might be contributing to the problem? Ah, now I get it.
 
JLM
#3
Quote: Originally Posted by MachjoView Post

So where do you expect the government to get the funding to help gambling addicts?


Oh, you mean the government itself might be contributing to the problem? Ah, now I get it.

The Gov't. can be blamed for many things, but gambling addiction isn't one of them. Whether or not the Gov't is involved there are still going to be gambling addicts. You simply can not legislate against stupidity. I know some of the profits goes to some aspects of healthcare and some goes to sports activities for kids, so at least ALL the money the addict blows isn't wasted. If lottery ticket sales are any indication (rampant) people are not nearly as broke as they make out to be. I enjoy going to the casino, but only take money I can afford to lose, and if I lose it I walk away without regrets, as I know next time my luck might be different. Some people blow it on the golf course, some blow it on fishing and hunting trips, so what is the difference?
 
Cannuck
#4
It isn't the government that is addicted to gaming revenues. That is a cop out. It is the taxpayers that are addicted to services without taxes. In the community I live in, casino revenues go to the Lions club which donates it to local causes. It goes to the fire department, which pays for equipment and training. It goes to the community hall which pays for upkeep. It goes to the Ag Society which pays to run the arena. It goes to the library which pays for the system.

If you want to get rid of casino revenue, you either have to get rid if the services it funds or you have to raise the funds elsewhere. Simply claiming the government has to stop collecting the revenue is easy.
 
Machjo
#5
Quote: Originally Posted by CannuckView Post

It isn't the government that is addicted to gaming revenues. That is a cop out. It is the taxpayers that are addicted to services without taxes. In the community I live in, casino revenues go to the Lions club which donates it to local causes. It goes to the fire department, which pays for equipment and training. It goes to the community hall which pays for upkeep. It goes to the Ag Society which pays to run the arena. It goes to the library which pays for the system.

If you want to get rid of casino revenue, you either have to get rid if the services it funds or you have to raise the funds elsewhere. Simply claiming the government has to stop collecting the revenue is easy.

And I'd take the position of either cutting funding or increasing taxes or service fees. There is a moral dilemma with the government treating a potentially addictive activity as a cash cow when we consider that the government, if not there to help the people, should at the very least not harm the people.

While we can debate whether or not lotteries and gambling ought to be legal, I'd hope we can agree that at the very least the government supposed to be looking out for the welfare of the people should not be in the business.

Quote: Originally Posted by JLMView Post

The Gov't. can be blamed for many things, but gambling addiction isn't one of them. Whether or not the Gov't is involved there are still going to be gambling addicts. You simply can not legislate against stupidity. I know some of the profits goes to some aspects of healthcare and some goes to sports activities for kids, so at least ALL the money the addict blows isn't wasted. If lottery ticket sales are any indication (rampant) people are not nearly as broke as they make out to be. I enjoy going to the casino, but only take money I can afford to lose, and if I lose it I walk away without regrets, as I know next time my luck might be different. Some people blow it on the golf course, some blow it on fishing and hunting trips, so what is the difference?

The government can be blamed in part for gambling addiction when the government itself is pushing the activity.
 
Cannuck
#6
Quote: Originally Posted by MachjoView Post

While we can debate whether or not lotteries and gambling ought to be legal, I'd hope we can agree that at the very least the government supposed to be looking out for the welfare of the people should not be in the business.



The government can be blamed in part for gambling addiction when the government itself is pushing the activity.

How far do you want to take that? Is the government responsible for smoking deaths and alcohol related deaths because they collect taxes on smokes and booze? Are they responsible for traffic deaths because they build roads and collect fees to register vehicles (and insurance in some provinces)? Is the government responsible for every heart attack because they collect a tax on every twinky sold?
 
JLM
#7
Quote: Originally Posted by MachjoView Post



The government can be blamed in part for gambling addiction when the government itself is pushing the activity.

Actually as we speak the Gov't. is putting on a week long clinic in Vernon educating people about the potential risks of gambling.
 
Machjo
#8
Quote: Originally Posted by CannuckView Post

How far do you want to take that? Is the government responsible for smoking deaths and alcohol related deaths because they collect taxes on smokes and booze?

Collecting taxes on it is fine as a matter of discouraging its use as well as to provide funding for addicts and medical care to cover costs of its consequences. The same principle could apply to gambling.

However, the government OWNING a lottery corporation or a casino is a whole other can of worms.

Quote:

Are they responsible for traffic deaths because they build roads and collect fees to register vehicles (and insurance in some provinces)? Is the government responsible for every heart attack because they collect a tax on every twinky sold?

Roads are a necessity, gambling is not.

Quote: Originally Posted by JLMView Post

Actually as we speak the Gov't. is putting on a week long clinic in Vernon educating people about the potential risks of gambling.

Well, if you shut down all government-run casinos and lottery corporations and then tax the hell out of the private sector ones, you'd also make it harder for addicts to even have access to it in the first place.

But to own a casino and then educated people about the risks is like the right hand not knowing what the left hand is doing.
 
Cannuck
#9
Quote: Originally Posted by MachjoView Post

Roads are a necessity, gambling is not.

It is necessary until such time as you decide how to replace the revenue it brings in.

BTW, every casino I know of is privately owned. It is just regulated by the government.
 
JLM
#10
Quote: Originally Posted by MachjoView Post


Roads are a necessity, gambling is not.


Is golf a necessity? Is sports fishing a necessity?
 
Machjo
#11
Quote: Originally Posted by CannuckView Post

It is necessary until such time as you decide how to replace the revenue it brings in.

BTW, every casino I know of is privately owned. It is just regulated by the government.

Good to know. But what about lottery corporations. If I'm not mistaken, they are owned by the government. Why not privatize them and tax the hell out of them like we do other forms of gambling, cigarettes and alcohol? That way it eliminates any conflict of interest.

I wasn't sure if maybe some casinos in Canada might be state-owned like the lottery corporations, but if they are all private, then I stand corrected on my assumption there.

Quote: Originally Posted by JLMView Post

Is golf a necessity? Is sports fishing a necessity?

No they aren't and therefore should not be owned by the government. As for taxing them, it depends on how social harm they cause, though I can't imagine sport fishing causes much damage, and golf might take up much urban space but then that's what property taxes are for.
 
JLM
#12
Quote: Originally Posted by MachjoView Post



No they aren't and therefore should not be owned by the government. As for taxing them, it depends on how social harm they cause, though I can't imagine sport fishing causes much damage, and golf might take up much urban space but then that's what property taxes are for.

Both of them, like gambling can cost $thousands per year and if this is taking away money that should be going for other things, then I'd say they can be just as problematic!
 
Machjo
#13
Quote: Originally Posted by JLMView Post

Both of them, like gambling can cost $thousands per year and if this is taking away money that should be going for other things, then I'd say they can be just as problematic!

Thousands per year. Seriously, what is the social or environmental harm of sport fishing? There may be some, but I'd imagine it would be extremely minor. If the issue is with the gas it takes to get there, then a gas tax.

As for golf courses, what? The pesticides and artificial fertilizer? Fine, tax pesticides and chemical fertilisers.

Oh, sorry, unless you meant thousands to the person participating in the activities? But to the best of my knowledge, they're not as likely to be addictive, so people could better use their judgement on whether to spend that money. With addiction, the ability to make a rational choice is diminished.
 
taxslave
+3
#14  Top Rated Post
Governments are addicted to all forms of revenue.
 
Machjo
#15
Quote: Originally Posted by taxslaveView Post

Governments are addicted to all forms of revenue.

Unelss you're an anarchist, then certainly you support some form of government revenue. The question is, is it fair and ethical. gambling revenue might be acceptable if it has as a purpose to discourage gambling and provide funding for gambling addictions. The Crown OWNING a casino or lottery corporation is another matter.
 
JLM
+1
#16
Quote: Originally Posted by MachjoView Post

Oh, sorry, unless you meant thousands to the person participating in the activities? But to the best of my knowledge, they're not as likely to be addictive, so people could better use their judgement on whether to spend that money. With addiction, the ability to make a rational choice is diminished.

How many golfers are rational?
 
Machjo
#17
Quote: Originally Posted by JLMView Post

How many golfers are rational?

Are you talking about tigers?

Or cheetahs?
 
mentalfloss
+2
#18
Governments are addicted to gambling revenue.

Corporations are addicted to gambling lives.
 
Machjo
#19
Quote: Originally Posted by mentalflossView Post

Governments are addicted to gambling revenue.

Corporations are addicted to gambling lives.

Good wordplay.
 
mentalfloss
#20
Quote: Originally Posted by MachjoView Post

Good wordplay.

I figured since we're going with blanket statements, we might as well put into perspective who the worst bad guys are.
 
Machjo
#21
Quote: Originally Posted by mentalflossView Post

I figured since we're going with blanket statements, we might as well put into perspective who the worst bad guys are.

If you mean that corporations are bad, I beg to differ. They are not bad per se; it depends on the board of directors.

Also, though I liked the wordplay I still recognize that sometimes government spending is not avoidable.
 
Cannuck
#22
Quote: Originally Posted by MachjoView Post

No they aren't and therefore should not be owned by the government. As for taxing them, it depends on how social harm they cause, though I can't imagine sport fishing causes much damage, and golf might take up much urban space but then that's what property taxes are for.

I would like you to explain more about your view regarding governments not "owning" golf courses because they are not a necessity.

Swimming pools, playgrounds, skating rinks, parks....none of these things are necessities and yet most are owned by municipal governments. Are you saying we should get rid of them (which is the only logical option as no private enterprise is going to make money with a playground or pool)?
 
mentalfloss
#23
Quote: Originally Posted by MachjoView Post

If you mean that corporations are bad, I beg to differ.

I'm not saying all corporations are bad, but in North America, people should understand that there is more damage caused by unfettered capitalism than government spending. That is, a completely free market without any bounds whatsoever. It's the worse evil right now, as a lot of corporations can hide beneath the media scrutiny (Monsanto, Cargill), while a government's actions are constantly the focus of media attention.

In any case, in response to the OP.. there are many watchdogs and ombudsmans that monitor and scrutinize government policy. This kind of transparency can bring some accountability when the next election comes.

But he did hit on a very good point - in that government still requires more accountability and needs to deliver more transparency. A lot of people get distracted by the size of government. That's a red herring. The size of government is irrelevant if they can duly respect the will of the people, and be held accountable if they don't.

Corporations don't have the same level of democratic scrutiny. People recognize their actions has perfectly legitimate and ethical as long as they make a profit. That's why a healthy, representative government is so important.
 
taxslave
#24
Quote: Originally Posted by mentalflossView Post

Governments are addicted to gambling revenue.

Corporations are addicted to gambling lives.

To a certain extent that is true. Anyone that goes to a casino is a mere piker. To be a real gambler you must operate a business. Size is not that important. The owner of a small business gambles everything he owns and usually what he can borrow 24/7.
Government OTH are merly addicted to spending money. Much like women that shop for things they don't need because it makes them feel good.
 
mentalfloss
#25
Corporate tax cuts are going to shareholders and not into operations.

Who's gonna regulate that?

What did Corporate Tax Cuts Deliver?

Due to ongoing corporate tax cuts, corporate income taxes make up a falling share of all government revenues. In fact, by the end of January, corporations will have fully paid their share of taxes.

The general federal corporate income tax rate stood at 28% in 2000. It was cut to 21% under the Liberals, and then cut in stages, from 21% to 15%, under the Conservatives. The most recent cut was from 16.5% to 15%, effective January 1, 2012.

Each one percentage point cut to the corporate income tax rate costs the federal government about $2 billion in annual revenues.

The argument for corporate income tax cuts has been that increased after-tax corporate profits would be re-invested in company operations, boosting economic growth, productivity, and jobs. However, studies have shown that rising corporate after-tax profits have not resulted in increased real investment.

This study looks at the profits and investments of Canada’s largest companies, those listed on the S&P/TSX Composite Index, from 2000 to 2010.

In line with cuts to the statutory federal and provincial tax rate, the effective tax rate (that is, taxes actually paid by Canada’s largest companies to the federal and provincial governments as a share of pretax profits) has fallen from one third in the early 2000s (35% in 2000), to between one fifth and one quarter (24% in 2010).

Companies have used increased after-tax profits to boost dividends paid out to their shareholders. Dividends as a percentage of after-tax profits have risen from 30% in 2000 to over 50% in recent years.

Companies have also chosen to retain higher after-tax profits as financial assets, as cash, and as longer term assets, not counting investments in capital stock.

The study looks at the change in the assets of Canada’s largest non-financial companies. (Financial companies and conglomerates are excluded because they typically hold large financial investments as part of their ongoing business.)

The Top-10 Corporate Hoarders have collectively accumulated $30.7 billion in extra short- and long-term assets between 2000 and 2010, since 2000. The leading cash hoarder has been Potash Corporation of Saskatchewan, which accumulated over $5 billion in assets over this period.

The Appendix lists Canada’s top Corporate Hoarders.

Cuts to corporate taxes have resulted in a major loss of government revenues, without the anticipated result of higher corporate investment in machinery and equipment, new plants, and other areas of company operations. Instead, we have seen a big increase in dividend payouts and in financial assets.

What did Corporate Tax Cuts Deliver? | Canadian Labour Congress
 
GreenFish66
#26
Funding Fun(d)givers


Gaming/Gambling; Always a Guaranteed Jackpot For Government FunHouse!...Wins BigTime ..Allways!...

Casinos are a good indicator as to the well-Being of the People/ Environment / Economy around it...Especially if the governments are relying on their jackpot winnings as a prime source of FunDing money...(Is Government Gaming/Gambling predictable ?)

Seniors and Single gamers seem to be what's keepin casinos alive; Sustained by promotional events( Mostly geared to Seniors/Women ( Married couples bail fast after they realize how much it costs them )) .

Question is( ) - Are public Fundgivers addicted to Gambling ?.. Are People Enjoying Themselves ?...
Enjoying Good , fun, healthy entertainment, while addicted to Gambling/Smoking/Drinking?...
Who's regulating the establishment ?.. Are People having fun, while gaming responsibly ..?

Are Government run establishments fun?...Do they share FunMoney fairly ?..

I always seem to have more fun in privately owned casino's ...

I say let governments tax the winnings ,if they must ( tax money going to assist social programs )
...
Casinos should be privatized so they can be both ...More fun ...and Regulated properly by the peoples government ..In the publics best interest...

If the health and environment of Gov. run casino's is Suffering/Failing/ Addicted to high risk.( If Gov's Addicted to Gambling revenues.?)?
How will this affect / reflect on its Economy as a whole ?..
How will it affect Canadians?/what effects will it have on Canada ...Now...And as we Progress into the future..?.

How do we proceed positively forward into a more Sustainable /Prosperous/ Enjoyable/Healthy/State of Well Being;... and have a fun fullfilling entertaining experience, at the same time?..

Bigger..Fairer, and More Frequent Pay outs!.Greater rewards for the people Paying/Playing!..That's how!...

Time to privatize Casino's ...So Gaming Governments can remain accountable and transparent to its people ..

The People Need Government...Want Business..
Government needs Business; to better fill the needs, and wants of its people.
Business needs both.As does Government.
lol
(Generally speaking ?)

To Continuosly/Constantly/Consistently Rely on Risky Gambles to somehow sustain, grow and support a supposedly healthy economy; now; and into the future; just somehow seems recklessy unnecessary to me.

Always have to be thinking about and creating new (alternative) ways, that will move us altogether , positively forward , into a more sustainable/prosperous/ healthier future..for all; together.

Where's the predictability ?..The financial security ..In casinos(Gaming )?.

How do/will , Casino's/Gaming Govs., ensure Sustainable acceptable profit margins; in an area that is suppose to be risky and Unpredictable ?...
_________________

It's great when you risk little and win a Big Jackpot !...Sucks when you have little and loose all your Fun money in 10min ..On a Fri...After working hard all week to earn it ..

Feels a little better knowing at least a portion of the losses go to funding government social programs...

1 thing for sure...Government FunHouse!...Wins Bigtime ..allways!...

...
______________________

Jackpot.!....Paydirt!...( Note to Self - Get Government Job working with Addicted Gamblers OR IN Gaming Corps.Promotions department - Wash Hands..)


_______________
_____________________________

End of Spew ...( for now)

Lol -
Last edited by GreenFish66; Jan 27th, 2012 at 03:13 AM..
 
Omicron
+1
#27
I respect your sentiment, but do your research. You are not bad, but that is ancient history... some time before neanderthal, genes got into the line of the human population. Sort of like bad-wolf genes getting into golden/black labs.

Not just since the time of neanderthal, but also along the way were two genetic neurological mutations...

The first enabling one to calm down when surrounded by yahoos while in a cave in order to make it easier to strike out...

And the other starting about 9000 years ago enabling them to feel okay about staying put to drink beer and eat bread from the grain grown, while the others went nuts eating rats without garlic. It was a narrow and special time... Angels could not be bothered with, yet with uneducated humans back then would have taken to heart enough to stop Lucifer that time around.

In any case, obviously part of the definition of a civilization would be for the government to be in control of gambling.

I just got back from the US, and I can bla-bla all I want in retirement, but seriously I recommend chaps defend/maintain/hang-on-to the border.

It's not because I saw a threat. It's because I didn't.
Last edited by Omicron; Jan 27th, 2012 at 03:27 AM..
 
GreenFish66
#28
So who's sellin these nuts to the animals inorder to buy the Beer and Bread? What if the people don't like Garlic rat nuts?

So what your sayin is -- Got no beer; got no bread; you grow nuts! (?)

_________________________________

All I ask for is a little beer money , a little food and fun money ..., and now and then ...Just a little! ..
( JackPot !- Ol' Golden Honey!)
 
Omicron
#29
Quote: Originally Posted by GreenFish66View Post

So who's sellin these nuts to the animals inorder to buy the Beer and Bread? What if the people don't like nuts?

So what your sayin is -- Got no beer; got no bread; you grow nuts! (?)

Huh?

Lemme guess... you didn't know modern people started growing grain in order to stuff into clay pots to discover coming out of that bread from the yeasts of bread (which the women loved) and beer from the yeasts of beer (which the bored guys loved after having been hammered down from being great warriors into being sedentary farmers).

That means you didn't know how after cooking meat you didn't know that stuffing stuff into clay pots caused changes because of yeast.

Question: What would be better... to send your kind to another planet in order to get that off the earth, or send those who got it to another planet in order for them to start over with a clean planet while the ook-ook eek-eeks feel such joy for being total monkeys as they take planet earth down.

It's a hard decision.

Let mother earth take care of it, or let us shorcut.

The only way I can think to make it fair, even though it is more expensive, is to take all species worth preserving to another planet while the idiots here destroy themselves, and then bring the life back.

Still... I can't help feeling like there's something wrong with that picture...

You guys seriously don't know what happened in the heavenly mind when it saw self-awareness come out of dust.

Notice how the legend of creation does not involve an otter diving down to the bottom of an ocean to come back with some mud to make earth from? Notice how the legend of creation does not involve a turtle swirling over an infinite ocean with a continent on its back?

Notice how the only thing you babies needed other than to be loved (which I have figured out the string theory of) was to break heart over the timeline?

Starting with... it says that birds preceded the mammals, which is weird until you learn that birds are dinosaurs.

Anyway... seriously... compare your Genesis creation story, apply it against the minds of your ancestors, and compare that to the story of an otter building the world from a handful of mud.
Last edited by Omicron; Jan 27th, 2012 at 04:26 AM..
 
GreenFish66
#30
When did Gaming/Gambling make its way on to the evolutionary chart?..
How long can the losing players keep playing before the winner can't win anymore?
Who enforced the rules ?
What happened to the Very lucky winner and the winnings .?..

All depends ultimately I guess , on what the majority of the Players, especially the losers believe..Here's hopin' this " Unusually Very Lucky " historical winner is a good sport , buys the losers each a beer , in the least ..So the poor losers don't get PO'd ,start Cryin cheat , at this " Unusually abnormal, Very Lucky winner " ; upsetting everything everybody else had going for them ..."


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Last edited by GreenFish66; Jan 27th, 2012 at 04:52 AM..
 
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