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Money-Sucking Machines

Riverboat casinos are giant money-sucking machines. A $30 million riverboat casino operated by Harrah’s can suck in $200,000 a day from bettors, assuming a typical daily loss of $50 per customer. This kind of highstakes betting used to be called gambling. But liberals have come up with a new name—”gaming.” It was formerly recognized as...

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The De Rigueur Justification

“Fairness” has be come the de rigueur justification each time President Clinton or some member of Congress propose some grossly unfair action. Mr. Clinton says, for example, that it is only “fair” to increase the income tax paid by “the rich” by 16 percent (by raising the rate from 31 to 36 percent) because they...