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by Elliot Rubin

The biggest legal gambling city in the world is New York City.

    Wall Street does literally billions of dollars a day in stock trades. What that really means is that people and institutions (with your money) are gambling that a certain stock will either go up or down depending on their objectives. But there is no sure thing. It is a gamble.

    The casinos are the stock trading companies that handle the monies coming in and going out. They take their “house” share on every trade. They make millions, even billions in profits.

    A CEO of one of the Wall Street casinos (a trader/gambler) that made a lot of money there but did not create one industry, factory, or job outside of Wall Street is now the Governor of New Jersey. When he ran for governor last time his public relations people held him out to be a Wall Street financial guru and he would solve the states financial problems. He failed miserably. He increased spending and taxes.

     Gamblers gamble, they don’t open factories, adjust tax structures that favor industry and job growth. They don’t have it in them. They are self-centered and look to make money for their casino/stock trading companies.

     Now Vegas Jon wants to run again for Governor of New Jersey. Hasn’t he done enough already by doing nothing right to reduce the tax burdens on the people of New Jersey. He wants four more years of increasing taxes, spending and having the middle class move out of state by the tens of thousands.

    Enough already.

    And remove the Democrats in Trenton also. They are also to blame for not standing up to him.

 


Comments

Jeff

Fri, 19 Jun 2009 16:56:00

Right on Elliot!

 



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