This article is about Insanity. It in no way indicates or accuses anyone of being insane or mentally deficient in any capacity.
Webster's Dictionary on insane says:1 n. mentally ill: crazy 2 of or for insane people
This article is about a tribal member's definition. the tribal member's thoughts were "when you do the same things over and over again expecting to get a different result." He said that is insanity.
What does that have to with the Mohegan Tribal Government? He said they just keep doing the same things and they expect a different outcome. He said it just doesn't make any sense.
We purchased the Mohegan Sun at Pocono Downs in Pennsylvania, under I believe the Tribal Council headed by Councilor Mark Brown (who at the time was the Chairman of the Tribal Council). The casino has an estimated million (1,000,000) people within 50 miles around it. The cost of the license was about fifty five million dollars ($55,000,000.00). The state was going to get 55% off the top, it ended up being with the local towns getting their cut to be 62%. As near as i can figure it has never been profitable..
Today the tribe is looking at building a casino in Palmer, Massachusetts. A town of about 12,000 to 13,000 people who in my opinion do not have the money to gamble. From my research it seems that there is less than 500,000 people in a radius of within 25 miles of the proposed casino. The estimated cost of the license is between an estimated $100,000,000.00 at least $250,000,000.00. That's millions folks. Someone told me the other day it might cost around $500 million to build the proposed casino. . The proposed site is about 55 miles and about one hour and ten minutes driving time from the Mohegan Sun, in Uncasville, Connecticut. Could it be another loser?
Here's where the insanity of the situation comes in, almost the same deal, actually Palmer, Massachusetts seems like a worse deal, and the MTGA (Mohegan Tribal Gaming Authority, the Mohegan Tribal Council) have leased the property for an estimated 99 years and would like to do gambling in Massachusetts if the state legalizes gambling in that state. Same method and thought process, expecting a different result. Hello?
Take the Kansas gambling casino deal, how were we (the Mohegan Tribe) going to make money on that deal? What about the aquaculture deal? What about the gambling deal at the Queens, New York racetrack? What about the gambling deal in Wisconsin? What about the gambling deal in Washington state? Has any of these things panned out? Were any of them good deals?
Where is the MTGA (the Mohegan Tribal Gaming Authority, the Mohegan Tribal Council) going to get the funds to any or all of these deals? I don't know how. Do you know?
Was the Mohegan Tribal Council doing the same things over and over again expecting a different result? Could the process be a form of insanity? In my opinion, it's not going to happen. Is it insanity? What do you think?
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3 comments:
Not that I agree with the MTGA increasing our debt, but I think that the idea of the Mass. project is to target the Worcester/Boston markets. Palmer is about 30 miles closer to both cities than Uncasville.
I do agree that it seems insane to expand our gaming in this economy. Trump has filed for bankruptcy and other casino operation have had their credit ratings severely downgraded. You would think that the wise thing to do would be to streamline operations, firm up existing infrastructure, pay down debt, and start saving. What if, despite the recent uptick in the stock market, the value of the dollar collapses and the economy spirals into a depression. If that seems unlikely, just think that the same economists who predicted the housing collapse are saying it is a strong possibility.
Its like we are sitting at the table, a grand down (AKA our mortgage payment), and we just know that luck is going to swing our way in the next couple of hands. So we're going to pull out the credit card and head over to the ATM and gamble more of our financial security away. Crazy.
SILENT NO LONGER! "NOW, WE SHALL NOT REST UNTIL WE HAVE REGAINED OUR RIGHTFUL PLACE. WE SHALL TELL OUR YOUNG PEOPLE WHAT WE KNOW. WE SHALL SEND THEM TO THE CORNERS OF THE EARTH TO LEARN MORE. THEY SHALL LEAD US... IN THESE DAY'S, INTRUDERS, NAMED WITHOUT OUR CONSENT, SPEAK FOR THE PEOPLE. WHEN THE LEADERS BECOME ONE WITH THE PEOPLE, WE SHALL REST. IN THESE DAY'S, WE ARE INFORMED OF THE DECISIONS OTHER PEOPLE HAVE MADE ABOUT OUR DESTINY. WHEN WE CONTROL OUR DESTINY, WE SHALL REST. IN THESE DAY'S, THE HIGH COURTS OF THE UNITED STATES LISTEN TO PEOPLE WHO HAVE BEEN WRONGED. WHEN OUR WRONGS HAVE BEEN JUDGED IN THESE COURTS, THE ILL-QUALITIES OF THE PAST HAVE BEEN CORRECTED WE SHALL REST. IN THESE DAY'S, WE ARE LOSING OUR HOMES, OUR CHILDREN'S HOMES. WHEN OUR HOMELAND IS PROTECTED, FOR OURSELVES, FOR THE GENERATIONS TO FOLLOW, WE SHALL REST. IN THESE VISIONS OF OUR CREATOR, WE DECLARE OURSELVES READY TO STAND PROUDLY AMONG THE NATIONALITIES OF THESE UNITED STATES OF AMERICA." (CHEROKEE)
peyote bud for the last comment? could be.. I would like to smoke some of that tomorrow.
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