New York Governor Andrew Cuomo has recently cut a deal with an obscure Malaysian Company to build a mega-casino at the Aquaduct Race Track in Queens Borough of New York City. At the same time he has put an indefinite hold on Hydro-Fracking natural gas drilling in virtually unpopulated sections of the New York State. So in other words, he wants you to become a low paid croupier, not a high paid gas driller. There has been virtually no discussion of the negative effects of gambling, increased crime, broken families and suicides. And as we've found out recently, for most people, gambling is a discretionary expense. 

Natural gas drilling workers earn over $100,000 per year on average. It has become a multi-billion dollar industry in neighboring Pennsylvania (which has also legalized casino gambling) and is accounting for thousands of jobs. So why not legalize Fracking and Casino Gambling? And more importantly, the deal that was cut to allow this mega-casino is a text book study in crony-capitalism. The shadowy Malaysian Company hired scores of top flight lobbyist and they got the deal done. Is this what New York and the United States have become?

Please send your questions/comments to kl@kerrylutz.com or call us at 347-460-LUTZ.

Direct download: TLR_150.mp3
Category:general -- posted at: 10:41am EDT
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