Gambling can be a problem
I read this post on Independent Sources and loved it so much I thought I’d run with it here. Namely:
37-year old Arelia Margarita Taveras is an attorney with a serious ethics problem. She also has a gambling problem and lost her law practice, her apartment and her parents’ home, and she owes the IRS $58,000. Worse, she dipped into clients’ escrow accounts when she needed money and still faces criminal charges over that. Fortunately for her, and unfortunately for society as a whole, if her legal training has taught her anything is that fault should always lie on a deep pocket. In this case, it’s the casinos that allowed her to lose her money……
Now, you might think this is an odd post for a political blog. Well, due to circumstances in Kentucky, it’s not. Last year we had a gubernatorial election. The incumbent had been dogged by ethics issues, mostly trumped up political stuff. The challenger ran on the promise of bringing gambling casinos to Kentucky. The challenger, Steve Beshear, won. Immediately upon taking office Beshear announced the state was running about $400 million annually short of money and told higher education to expect massive cuts in funding. They didn’t like that. Now, he’s proposed legislation to legalize gambling that will raise ( drum roll please ), about $400 million annually, which would fix higher education. Beshear is basing his entire argument on the fact that gambling would generate revenues for the state at no cost.
As Independent Sources points out, Beshear couldn’t be more wrong. It comes with a heavy cost to society that does affect the state balance sheet. Along with gambling, we’d need increased police forces, gambling addiction programs, and increased funding for the court system to deal with the people who lost it all and resort to stealing to support their habit. Nothing is farther from the panacea Beshear makes it out to be, just Arelia Taveras.
In the meantime, let’s enjoy something good to come from gambling ( do I really need a reason to play Boz Scaggs? ):