October 24, 2009


From John Stossel:

In my state, the government tried to put bookies who take bets on horse races out of business by creating a state agency to run off-track betting.  The New York City Off-Track Betting Corporation, which has a Governor-appointed board of directors, has been so incompetently run that it now LOSES $38 billion per year despite its government-granted monopoly. Taxpayers are now on the hook for over $228 million.

An activity that was so lucrative to bookies that they risked arrest to pursue it becomes a money-loser when the state tries to do it.

Posted by: Sarah at 08:34 AM | Comments (2) | Add Comment
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October 13, 2009


Via CVG, an article on why Pres Obama was the perfect Nobel pick.

Posted by: Sarah at 07:22 AM | No Comments | Add Comment
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