Posted on 03/27/2013 7:04:21 PM PDT by DogByte6RER
Indian tribes seek federal bailout money for casinos
A native-American tribe struggling to keep its Foxwoods Resort Casino in the red is now turning to the U.S. government for a helping hand.
The Associated Press reports that the Mashantucket Pequot Tribal Nation has already received more than $4.5 million in grants from the Department of Health and Human Services and from the Interior Department in the last five years. But now members are facing tough times with its casino — which used to be a billion-dollar empire — and are looking at the government for more grants, AP says.
Critics are outraged, because the grants were supposed to be used for economic development that would wean Indians off federal aid. So tribes used much of the money to build casino businesses — and now that those businesses are suffering from tough financial times, these same tribes are turning back to the government for a bailout, AP reports.
“The whole purpose of the 1988 law which authorized Indian casinos was to help federally-recognized tribes raise money to run their governments by building casinos on their reservations,” said Robert Steele, an ex-congressman from Connecticut, in the AP report.
(Excerpt) Read more at washingtontimes.com ...
Foxwoods Resort Casino ... Indian warrior sculpture. Instead of federal bailout money, why not start by auctioning this thing off?!?
OMG! My head is splitting OPEN right now! WHEN does this stuff END?
If anyone needs/deserves a bailout it’s ME...the lowly taxpaying SERF!
Grrrr!
“Critics are outraged, because the grants were supposed to be used for economic development that would wean Indians off federal aid.”
Aarrgghhh!
Betcha the Mormons would shill out a billion or two for it.
Critics can return to Europe any time they want.
Take over the Casino and give it to the state
"Me scalp 'em taxpayers."
The reason why your head is splitting ...
If I remember correctly, wasn’t there an attempt to build a bronze sculpture similar to this near the Gilcrease Museum, Tulsa OK years ago?
I know Paul Rossi wanted to try and keep the view from the museum more Natural with native animals there before he retired.
Um, I think I may have detected the problem here.
Fire Water and Federal Money not good for Red Man.
Not good for White Man.
Or Brown Man.
Or Yellow Man.
Probably not good for little Green Men.
Indians and Donny Trump, the only people who can figure out a way to lose money with a casino.
“A native-American tribe struggling to keep its Foxwoods Resort Casino in the RED...”
A business wants to be in the BLACK, not the red. Red means losing money.
Now I suppose the only question is whether the reporter is an idiot or RACIST. :)
Red man wanna be in red so red man can get green from red, white, and blue Uncle Sugar.
...keep its Foxwoods Resort Casino in the red...
WTF,is this satire or a really stupid pun?
Dependency is a powerful drug.
This reminds me of Lotto winners who keep taking welfare checks. Welfare is the constant in their lives, the central force.
When Murkowski looked for votes she went to the dependent Eskimos: Dependents are very reliable voters.
if you cannot make money running a casino, find a new line of work
Indians and Donny Trump, the only people who can figure out a way to lose money with a casino.
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