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Old 03-03-2009, 04:32 PM
jpk jpk started this thread
 
Location: Redmond, WA / Henderson, NV
531 posts, read 1,863,653 times
Reputation: 175

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Vegas mogul slams corporate spending backlash | Reuters
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Old 03-03-2009, 04:38 PM
 
Location: downtown Las Vegas
252 posts, read 906,174 times
Reputation: 102
Wow! What a timely response! And sooooo effective. Good work, mogul guy.
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Old 03-03-2009, 04:59 PM
 
Location: NorCal and Vegas!
269 posts, read 976,916 times
Reputation: 123
Poor, poor, Shel. His almost certain bankruptcy couldn't happen to a nicer guy.
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Old 03-04-2009, 02:04 PM
 
Location: Kingman AZ
15,370 posts, read 39,110,824 times
Reputation: 9215
ROFLMAO.....I have a supervisor working for me that holds the distinction of having been fired three times in one day by ol Shellie and worked another three yrs before the Sands got blown up.
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Old 03-04-2009, 05:33 PM
 
2,502 posts, read 8,920,195 times
Reputation: 905
Obama needs to watch the way he says things.

He tells corporations that they can't go spending a ton of money in Vegas. So they hold their conventions in San Francisco...and spend just as much money there.

So it's okay for taxpayers to pump money into SF, but not Vegas?

GREAT CALL. It effectively screwed Vegas out of a lot of money that we needed, but didn't save the taxpayers anything. Maybe he should have just set a price limit rather than a city restriction, would that not have made more sense?
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Old 03-04-2009, 06:01 PM
 
Location: Las Vegas, NV
2,990 posts, read 8,712,096 times
Reputation: 1516
Quote:
Originally Posted by radraja View Post
Obama needs to watch the way he says things.

He tells corporations that they can't go spending a ton of money in Vegas. So they hold their conventions in San Francisco...and spend just as much money there.

So it's okay for taxpayers to pump money into SF, but not Vegas?

GREAT CALL. It effectively screwed Vegas out of a lot of money that we needed, but didn't save the taxpayers anything. Maybe he should have just set a price limit rather than a city restriction, would that not have made more sense?
They actually spent more because they had to cancel the Mandalay Bay reservation and had to book the SF rooms for more. BTW, there is gambling in the SF bay area, so what the freek is the difference.
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Old 03-04-2009, 07:10 PM
 
844 posts, read 2,101,641 times
Reputation: 488
Quote:
Originally Posted by radraja View Post
Obama needs to watch the way he says things.

He tells corporations that they can't go spending a ton of money in Vegas. So they hold their conventions in San Francisco...and spend just as much money there.

So it's okay for taxpayers to pump money into SF, but not Vegas?

GREAT CALL. It effectively screwed Vegas out of a lot of money that we needed, but didn't save the taxpayers anything. Maybe he should have just set a price limit rather than a city restriction, would that not have made more sense?
100% TRUTH

He did promise "change" hahaha. ha. h.
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Old 03-04-2009, 07:18 PM
 
4,176 posts, read 6,334,661 times
Reputation: 1874
Quote:
Originally Posted by radraja View Post
Obama needs to watch the way he says things.

He tells corporations that they can't go spending a ton of money in Vegas. So they hold their conventions in San Francisco...and spend just as much money there.

So it's okay for taxpayers to pump money into SF, but not Vegas?

GREAT CALL. It effectively screwed Vegas out of a lot of money that we needed, but didn't save the taxpayers anything. Maybe he should have just set a price limit rather than a city restriction, would that not have made more sense?
I opposed all the Bailouts and Stimuli but, if you're going to give or loan people money, then let them use the money as they see fit. The Government has a role in providing funds for welfare, student loans and many other areas. The Government does not mandate how people are to use those funds.

I don't think they should set price limits. Companies, though hurting are still in the business of making money and maxing out shareholder value. Let them spend the money and, if they ask for another Bailout, say NO!!!!!!!!
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Old 03-05-2009, 04:44 AM
 
9,124 posts, read 36,380,037 times
Reputation: 3631
Quote:
Originally Posted by LIS123 View Post
I opposed all the Bailouts and Stimuli but, if you're going to give or loan people money, then let them use the money as they see fit. The Government has a role in providing funds for welfare, student loans and many other areas. The Government does not mandate how people are to use those funds.

I don't think they should set price limits. Companies, though hurting are still in the business of making money and maxing out shareholder value. Let them spend the money and, if they ask for another Bailout, say NO!!!!!!!!
Huh??? Sorry, but if the government is going to dole out my tax dollars, I think they've got every right to restrict how that money is used. So you've got no problem if AIG, after being given $85 billion to stay alive, pays multi-million dollar bonuses to the very people who bankrupted the company, goes out and buy a fleet of corporate jets, or spends $3 million on a "corporate retreat" for its execs? Thanks, but I'd like a little more supervision if we're going to give these idiots tax dollars......
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