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Sunday, June 20, 2010
Your tax dollars at work
I could not let today pass without commenting on the money from the stimulus package that went to the tribe that owns the Mohegan Sun. These folks own one of the highest grossing casinos in the world. Even in the slower economy, they each get well in excess of $30,000 per person in dividends from the casino every year on top of whatever else they earn. The casino has been highly profitable and has had no problem obtaining loans when needed for expansion. The news this week that the federal government used stimulus funds to get $70 million to the tribe for use in connection with the casino seems to me to be yet another insult to the intelligence of America. The money for the tribe was supported by nearly all of the Connecticut congressional delegation. So what! Why is the federal government sending money to a rich casino that could easily borrow the money elsewhere? That is not stimulus; it is just a gift to a group of political supporters. The claim from the Obamacrats has been that the stimulus created jobs or"saved" them. There is no way that this $70 million did either. This is an outrageous travesty.
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