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The CNMI House voted to give Rota $500,000 dollars for start-up costs of their casino. Merry Christmas!
But I'm feeling decidedly like Scrooge. $500,000 is a lot of money that could do more good used elsewhere, like at PSS or DPS or CHC.
The large majority of people in Saipan voted against casinos. And the CNMI's overwhelming majority of population is in Saipan.
So if the people of Rota want a casino, which THEY voted for, let them pay for it themselves. Bah Humbug!
Whilst listening to the audiobook of Life As We Knew It, Jen Robinson recently speculated aloud as to why it is that post-apocalyptic children's books are so doggone compelling. I see eye-to-eye with Jen on this one. I went through an interesting let's-read-all-the-post-apocalypse kidlit-we-can-get-our-hands-on phase three years ago. I was wolfing down Z for Zachariah, Eva (oh, it totally counts), Tomorrow When the War Began, Hole In the Sky, Noah's Castle (oh yeah, I got obscure), and more. Couldn't get enough.
Now it looks as if there is an answer to Jen's question in the L.A. Times piece, Boom times for the end of the world. Apparently 9/11 and fear mongering play a hand in the current upsurge. I recently met with the delightful Sue Stauffacher, and Sue happened to mention that her beautiful book Donuthead (one of those omigodyouhaven'treadthisyet? titles) was inspired in some small part by the fear surrounding the attack on the World Trade towers. How better to address such a concern than with a character afraid of absolutely everything? And if it comes down to deciding between a child named Franklin Delano Donuthead and a book where everyone's either died of a dread disease or been turned into bald deaf zombies, I know which one I'll pick.
Thanks to Bookninja for the link.
I hear ya on this one. That's messed up. Why is the government giving half a million away to private industry?
Good point, Angelo.
It's corporate welfare. How about issuing stock, or bonds or hitting up tony soprano/wells fargo for a 29 percent loan like most of the real people here. This is disgusting.
I agree to a certain extent. The CNMI government is in no position economically to be doling out $500,000 to a gaming body. Let potential investor fees pay for it. That being said, if the industry on Rota turns out to be a windfall in the future.. Saipan should then see none of the direct profits. I've not read the initiative, so I'm not sure if Saipan will anyway.
The 500k is not an investment in anything other than "plenty salary" for the gaming board. Rota has no casino investors and Saipan is as close to building a landing strip for the space shuttle as Rota is to building and managing a casino. The 500k is a bet that a paid board with no gaming experience can lure investors. There bet on this initiative is a certain recipe for failure.