Tuesday, November 04, 2008

Proposition A will pass

Pouring millions into Proposition A will help Missouri casinos make more money.

With most of the state's votes counted, Proposition A, the pro-casino measure has passed with 55 percent of the vote.

The Yes on A Coalition poured more than $15 million into the passage of Proposition A, mostly in advertising efforts that apparently convinced Missouri voters that the measure was designed to put more money into education.

Actually, Proposition A eliminates Missouri's innovative loss limit rule, prevents people from having to show identification to gamble, and prevents any casinos from setting up in Missouri in the future, thus eliminating competition.

The Turner Report's previous posts on Proposition A can be found at this link.

1 comment:

Anonymous said...

I could reply a lot of ways, but I'm going with this.

"Innovative" ? You think the loss limit is innovative? The government telling me how I can spend money that I earned any way I want is innovative?

Well, I guess it is innovative if your a socialist...or a communist. You wouldn't like it if they made a law saying how much money you could spend on the entertainment of your choice. Let's make a law that says you can only spend $10 a month at the movies or that you could only spend $10,000 on a new car. We'd be a state full of people driving base model Chevy Cobalts and going to the movies only once a month.

How innovative do you think it is now.