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[Wayne Allyn Root's Blog] Wayne Allyn Root's Blog - PROOF That Obama's Economic Plans Are ...: While President Obama moves our country and economy further away from capitalism, entrepreneurism and personal responsibility, my adopted hometown of Las Vegas, Nevada proves that the opposite direction is the one that works. Despite the worst economic downturn since 1929 (that I correctly labeled as a “depression” in the Spring of 2008), and a national economy showing few signs of life, Las Vegas is springing back to life.

[Mid-Michigan Dining] Press Release - MLBA Uses Nevada Law to Make Point « Mid-Michigan ...: “Michigan lawmakers should take a good look at what Nevada lawmakers are going through right now to try to save their hospitality industry,” said Lance Binoniemi, executive director of the Michigan Licensed Beverage Association (MLBA). “We have clearly stated any smoking ban will directly threaten at least 7,500 Michigan jobs and we will continue to fight to keep these jobs safe.”  

[Red Tape Blog] Dome magazine : May-June 2009 Highlights: Under Other Domes : Nevada won't gamble on starting a state lottery; $1-billion tax increase faces veto in Minnesota;

[Reports from The Birmingham News - al.com] Alabama votes on Super Tuesday - Reports from The Birmingham News ...: Republicans can no longer focus on a single issue such as the economy (Romney in Michigan), take advantage of a particular state's streak of independence (McCain in New Hampshire), or use a base of religious voters (Huckabee in Iowa, Romney in Nevada) to pull off a win. The Democrats face a similar challenge.

[Campaign For A Commercial-Free Childhood] CCFC Headlines - For 'Gossip Girl,' Modesty Is So Last Season: Verizon won a four-way battle among the nation's biggest telecommunications marketers -- Sprint, T-Mobile and AT&T -- to nab its multimillion-dollar role in the show.

[Wizbang Blue] Romney Lies his Way to Michigan Victory (Wizbang Blue): As the Iraq War takes a back seat to the economic woes of a nation slipping into a recession (and Michigan is one of the states leading that slide) we're seeing that hopeful, and hope-inspiring answers seem to work better than hard and truthful answers -- suggesting Obama may have an edge over Clinton in an "economy-focused" primary season.

[The Foundry] California Town's Bailout Gamble Just Got Riskier » The Foundry: Car dealerships in these towns have been the economic engine of local government as well as pillars of the community, sponsoring everything from Little Leagues to rodeos. Victorville Mayor Rudy Cabriales said car dealers are the city’s largest source of sales-tax revenue.

[Buckeye RINO] No on Issue 6: opportunity cost, multiplier effect « Buckeye RINO: Gambling is an industry that cannot sustain itself.  It is parasitic.  It sucks the economic life blood out of its victims, and must continually find new hosts to feed upon, or it eventually peters out.  Even  (perhaps, especially) proponents of casinos understand this, for, on the one hand, they try to limit competition (just one casino for all of Ohio, according to Issue 6), because they know that casinos on every street corner would be unsustainable, yet on the other hand, casinos can’t stand pat and stay where they are without expanding their scope, because they would fold for lack of new hosts to bleed dry.  In the state of Nevada, revenues from resort casinos that cater to tourists had leveled off.  To further boost gambling revenues, casinos with less frills that catered to Nevada residents spread across the Nevada landscape.  Despite all the gambling revenues across Nevada, quality of life hasn’t been on the rise.  In terms of public education of school children, Nevada is among the bottom 3 states, with Louisiana and Mississippi.  Nevada’s gambling revenue totals for the last 7 straight months have been down, and the trend shows every sign of continuing.  The housing market in Nevada is in crisis.  The foreclosure rate is skyrocketing.  The construction industry in Nevada is in the process of shutting down because of overbuild, just like Florida.  In an attempt to make ends meet in a sour economy, there are Nevada businesses that try to lower labor costs by hiring illegal immigrants.

[PTG News page] Patriot Trading Group: A persistent recession and mounting unemployment will leave the U.S. financial system "insolvent," implying the stress tests performed by regulators weren't rigorous enough, said Nouriel Roubini, the New York University economics professor who predicted the financial crisis. Losses at U.S. banks and broker dealers will swell to $1.8 trillion, almost 100 percent more than the current amount, as the economic slump lasts at least through this year and the jobless rate climbs to 12 percent by 2010, Roubini said today at the CFA Institute's annual conference in Orlando, Florida.

[CNN Newsroom] CNN Newsroom: Blog Archive - Gambling On Your Computer? « - Blogs ...: Bottom Line: Offshore companies will still offer online gambling and Americans will still gamble online, regardless of what happens with this bill. It is just attempting to let hard working Americans do what they want with their own money, and let that money circulate within the U.S. economy, and not continue to send billions of dollars overseas.

[The Housing Bubble Blog] The Housing Bubble Blog » Bits Bucket For May 8, 2009: The interesting thing in that to me - in that it’s unexpected - is graph 5b and Table 1 - showing that there actually *wasn’t* a big increase in ARMs - as a percentage of all loans - during the housing bubble. There was a significant increase around 2004 (when rates rose from historic lows), but the peak level was quite a bit less than previous ARM peaks in the 1980’s and 1990’s.

[TheSUBWAY - Stock Trader Blog] Global Stock Market Today 5/11/09 (US Stock Market, Canada Stock ...: Additionally, traders may focus on the University of Michigan's consumer sentiment index for May, the Labor Department's consumer and producer price inflation reports for April, the weekly jobless claims report and the Commerce Department's ... IHS Global Insight believes that the trade deficit is likely to continue to widen over the rest of the year, as the U.S. economy revives sooner than most of its trading partners as a result of which imports revive before exports. ...

[Laugh Lines] 'Takes Its Game to the Next Level' - Laugh Lines Blog - NYTimes.com: Ed Shadle will attempt to top 800 MPH in a modified F104 fighter in the Nevada desert next year. The state of Nevada will use the proceeds of the speeding ticket to balance their 2010 budget.

[Austin Real Estate Blog] Austin real estate sales last 12 months | Crossland Blog: And, some would say, I’m not allowed to say this because I’m “just another Realtor cheerleading the market”, but gosh darn it, interest rates are below 5%, first time buyers (or if you haven’t owned in the past three years) get an $8,000 tax credit until Dec 2009, there is a lot of good housing inventory to pick from, and if you’re willing to look hard for the right seller and not be too picky about your house, you can find a great deal on a home in Austin, right now, today.

[The Housing Bubble Blog] The Housing Bubble Blog » Learning Their Lesson About The Housing ...: Additionally, the report says the number of default notices rose to 711, nearly double the 363 reported during the same period last year. The recent ranking is just another dubious distinction for Nevadans, who are getting used to leading negative trends nationwide, while consistently ranking lowest on the positive lists.

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