Comments on Advance Indiana™: Crawford Floats Downtown Casino To Bail Out CIB

Here's the mentality that I just love: 1)City/Coun...

2009-04-11T10:19:00.000-05:00

Here's the mentality that I just love:

1)City/County raises taxes.

2)Resident of City/County is upset because he/she didn't want higher taxes, and because cost of living is increasing without equivalent wage increase.

3)Resident sees nicer, safer City/County nearby with lower taxes and better schools, so resident decides to act frugally and move to community with better government.

4)Some nutjob on internet labels overtaxed, frugal residents as "tax dodgers" when poor city/county government forces residents to make sound decisions.

artfuggins, you are blind.

How about a toll bridge at the Marion County-Hamil...

2009-04-11T05:57:00.000-05:00

How about a toll bridge at the Marion County-Hamilton County lines then the tax dodgers who move there can still pay their fair share?

As long as there are tolls on both the southbound and northbound lanes, I am all for it!!

Haven't we heard enough of this bunk? Tax this, t...

2009-04-10T19:29:00.000-05:00

Haven't we heard enough of this bunk? Tax this, tax that and guess what this scenario will be repeated every time an owner whines we are not competitive. Bankruptcy is the only sane answer.

How about a toll bridge at the Marion County-Hamil...

2009-04-10T16:06:00.000-05:00

How about a toll bridge at the Marion County-Hamilton County lines then the tax dodgers who move there can still pay their fair share?

Melyssa, that's probably the biggest hangup for th...

2009-04-10T13:40:00.000-05:00

Melyssa, that's probably the biggest hangup for them - the fear of all their dirty laundry seeing the light of day.

I've got an idea - how about a walking tax? If the...

2009-04-10T13:16:00.000-05:00

I've got an idea - how about a walking tax? If the commoners want to walk in Indy, they simply pay a small fee with, say, a meter at every crosswalk perhaps? We can add the cost of the meter to their property taxes. Every time one of them crosses a street, charge 'em a penny. It'll give us a good reason to issue more jaywalking tickets too. Maybe we can add all jaywalking revenue to Irsay's pot.

If the Ways and Means committee, the Mayor and the...

2009-04-10T12:38:00.000-05:00

If the Ways and Means committee, the Mayor and the General Assembly make a second State Contract Casino it will open up pandoras box!

The Governor fully supports the Cook's and Ferguson's French Lick operation. He attended the unveiling and was quoted as saying, " I thought this over and I told Donald Trump he was fired".

The Horse Tracks had to give French Lick a percentage of their income to keep everyone from howling. An Indy Casino will pit the CIB, the Simon's and Pacers and Irsay and the Colts against the Cook's. The Governor will have to either support the Mayor of Indianapolis, the Pacers, the CIB and the Colts or the friends from French Lick. What a headache he will have then.

The State Contracted venture in French Lick defaulted on their Bonds in April of 2008 (look it up in Moody's and Standard and Poors). It is poorly rated a second time as the Indy Star has reported and the State supported a FORTY year contract and gave all the revenue, except the taxes, the building, the parking garage, the land and the furnishings to the operators.

May the games begin. Friends will have to choose sides now. What will happen to the investors money in French Lick when the Indy Casino puts it out of business? What will happen when the friends and investors in French Lick want bailed out like the CIB, the Pacers and the Colts?

Someone is going to get their feelings hurt and their checkbook severely impacted. When that happens the friends and family plan of the wealthy having the chance to write their own contract, the AG approve it, make it for 40 Years and have a State Appointed Committee member get the contract three and one half months after resigning from the committee will come tumbling out!

Who will mind the store with a State Contract with either the CIB or the Mayor? Indiana has done a very poor job so far!

This goes to show you how utterly lazy and unthink...

2009-04-10T11:12:00.000-05:00

This goes to show you how utterly lazy and unthinking Bill Crawford really is.

The only solution to this mess is for the CIB to file bankruptcy, get all of its business in the sunshine, renegotiate every contract, and start fresh.

I guess Crawford finally figured out how to get a ...

2009-04-10T09:21:00.000-05:00

I guess Crawford finally figured out how to get a bigger cut out of a casino than he does the pea-shake houses.

Hmm bankruptcy seems to be the only intelligent so...

2009-04-10T08:53:00.000-05:00

Hmm bankruptcy seems to be the only intelligent solution. Look for the legislature to propose and pass some sort of bail out for the CIB the last or next to last day they of the session. I suspect they will wait till the last minute. If there is nothing done then what?