[NickatNite]

Originally Posted by las vegas drunk

I like all of you guys, but you all need a reality check and see what is going on. The man making the video is far from an idiot. He is George from Inflation.us which is not a conspiracy theorist website. I have learned a lot of good information from there. I wish to God I was wrong. I want my country back but it is too far gone. It is like having a car that is smoking with a rod knock hoping it will get better. It can't. I just got this short video sent to me today from him. We truly are screwed and I will admit I am scared to death what is coming soon.


YouTube - Gold and Silver Are Sounding The Alarm

Can anyone (hopefully) debunk this?

What I can debunk here, as a former journalist at CNN, is that the presentation is more on the level of an infomercial than a news report. They're playing scary music and when you play it there's even a link attached to a gold sales site. The video is playing on fear to sell a product. This is purely an attempt to make money, not a responsible effort at informing the public.

[tony soprano]

Not to add fuel to the fire but gold notched yet another record high today.

[lyra33]

I like people who say what they think and mean what they say. So, stick around JKF.

[jfkIII]

Thanks, lyra...I plan to. I enjoy your posts, too.

[las vegas drunk]

Originally Posted by tony soprano

Not to add fuel to the fire but gold notched yet another record high today.

Exactly. To anyone who is the dark the crooks at the Federal Reserve are now doing quantitative easing. In other words they are printing money out of thin air backed by nothing in massive amounts. This is going to create MASSIVE inflation.

[Tiger Beer]

Originally Posted by jfkIII

Again...you've missed the point. In NYC one expects to pay high prices...just the way it is. On the other hand, in LV, no one want to spend lots of money at the tables or slots...and then pay high prices for everything else. The trade-off for losing money in the casinos was that you got other quality things for dirt cheap.

Under then old formula...the casinos generated enough money to pay all the bills, including the ones that went into the pockets of the casino owners and their bosses. People lost at the tables and the slots...but still walked away from their vacations happy, in the sense that they got everything else at a huge discount.

Today, casinos are everywhere....so are high-cost vacation areas. Las Vegas has just become like the rest. The old formula is what separated LV from the rest.

I'm with jfkIII on this.

I'm also a person who visited Vegas often in the early 1990s...and it just made sense. I mean, sure you spend your money in the casinos...but getting $2.99 steak and egg breakfasts make it all worthwhile.

In the current era of STILL losing all your money...there is something real bad about seeing water for $2.99 in the tourist areas, and buffets being in the $20 range.

This wouldn't seem bad if a person is from NYC and making $30/hour or whatever. But most of Vegas tourism (that isn't from LA) is of the making $10/hour and still have $3.99 breakfasts in their hometowns.

In short, I think more and more regular Americans are saying not only did I lose all my money, but my meals cost me an arm and a leg as well. Whereas in the past they would say, I lost my money, but they got these amazing $2.99 steak and egg breakfasts everywhere, etc. Then talk about the bargains.

Basically, I think Vegas and Vegans as well are tuning more and more into LA interests....and Northeast Money...and shunning the bread-and-butter of mainstream America who incidentally pretty much uniformally LOVE Vegas much more than the Coasts who might spend money there, but usually run the place down every chance they get if they get a chance.

[themepark]

Originally Posted by jfkIII

Orlando does not offer more value. It is expensive...and expected to be. At DisneyWorld one expects to pay a lot for a little fastfood type meal. In Las Vegas....no one expects to pay $9.00 for a hot dog.

There is no place on earth like Disney World...and if one indulges, one expects to pay a hefty price for it. Those grounds around Cinderella's castle don't look as prestine, if we don't.

In Las Vegas...one used to pay by losing in their casinos in the attempt to win big...while the rest...meals, entertainment, rooms were low cost and reasonable. No one wants to lose a couple of hundred in a race book and then pay $9 for a hot dog. The attraction to Las Vegas used to be the bargain of everything else. Comps used to be a free headliner show when you lost a grand or two at a table. Now, you're lucky to even get a look when leaving...as you head to a huge production show to plunk down $80 - $100+ per ticket like everyone else.

I'll never understand people that argue that WDW is too expensive. You spend the same amount on a full day's worth of world class entertainment as you do for tickets to a 10 year old Cirque production. Plus, WDW is a much cleaner and efficient operation. Disney's (and Universal/SeaWorld) relative success during the downturn certainly makes it seem that people see more value in those activities than gaming in this economic environment.

The one thing that disappointed me during my visit to Vegas was just how inefficient things seemed. I had assumed, that like Disney, the big resorts had operations down to a science and aside from the "unique" situations things would run like clockwork. Disney knows how to shake every last penny from it's guests, and I'd think that the casinos would as well. It sure didn't seem like that was the case at all. I don't think I've ever waited in more meaningless lines with less regard for my time, especially considering how much I was spending. I thought they wanted to maximize every guests available gaming time? I can't give you guys my money if it takes an hour to pick up tickets from your box office or you decide to cancel a show at the last minute and it takes several days to process the refund.

Don't take any of this to mean that I don't enjoy Las Vegas. I think it's an absolutely fascinating place and still a great destination if for nothing else than the spectacle of it all. I'm hoping that some of difficulties during my trip were just a result of what the resorts are facing in this economy.