Retiring Sen. Christopher Dodd, D-Conn., helped a casino that earned $1.3 billion last year hit a $54 million jackpot in federal money.
The Mohegan tribe, owners of the Mohegan Sun – one of the largest casinos in the country – has secured a $54 million loan funded with stimulus through Dodd’s help.
Yes another Pro-death cATHOLIC Democrat at his finest—Stan!!! :mad:
Friends don’t let friends vote Democrat.
Please don’t go into shock, but I am going to agree with you here.
Talking heads, news readers, and news writers have NO IDEA what they are talking about … nobody seems to know anything about “common terms” such as revenues, sales, earnings, profits, “what they make”, etc. [Politicians are even worse, IMHO]
Much less pre-tax, after-tax and the rest. Some people think that depreciation is a source of income. No joke.
They don’t know the difference between assets and revenues. Much less between parts of cash flow and income.
I have had some folks think that revenues are profits. Hey, man, you sell $5 worth, you got a profit of $5. And profits are a ripoff, man.
Apologies for being less than rigorous with my terms, etc. But I am shocked, shocked to enjoy your comment.
Nevertheless, the ignorance of basic finance/economics is a serious issue.
On the other hand, as one labor union negotiator told me, it’s just a bunch of numbers.
[Gee, maybe you really are a professor of economics]*