User profile: gqbossing

MGM operates the property 100% in a long term operating contract, MGM has the casino license, MGM just have a revenue sharing agreement with Dubai World, and they split physical ownership 50/50 with Dubai World being a complete silent partner. Sheesh...

Here are the worst things that can happen:
-Lien is put on City Center preventing the sale of Dubai Worlds Stake
-MGM has to support the property 100% in the event of loss in revenue thus having them take recourse against Dubai world

As far as operations are concerned, nobody should worry about the place closing, that is NOT going to happen...

No site is really able to get rid of the mindless jabs which mask actual debate, but I guess line item sensoring is a way to go to try. LOL

I just hate to watch stubborn people on both sides of the fence do something because they feel like they have to live up to getting something done or keeping from getting something done. In this case my opinion is this 2000+ page bill which I've been seeing splattered all over the news really looks like the furthering of welfare and not really a comprehensive solution which is viable today.

Does anyone know why coverage under this won't start until 2014, but the increase in funding taxes would start almost as soon as it's signed?

Some of the worst things are born out of the best intentions...

If you can take the emotion out of it, Glenn Beck is right about 75% of the time...

The "public" (government) option is the wrong way to go, putting control over something like this in the hands of the government is only going to make things worse.

Legislation for incentives for companies to provide insurance is the real start. If you tacked on limits in tort lawsuits and had companies start wellness plans and charging people who go to the emergency room every time they have a cough $150-$200 a visit you'd have a pretty good model to go on.

The root cause isn't the lack of insurance for people or people going bankrupt when a tragedy happens, its all the idiotic ER visits, and the folks who eat buffets daily, smoke and do drugs; and stupid lawsuits which kill doctors with malpractice insurance.

Change the culture to wellness and quick care/family doctor and take away the easy payday for a class action lawsuit or the like and you have a winner...

When people are employed and taking weekend trips and vacations again Vegas will return to health. That's about 6 months after the employment rate returns to a normal number. IMO it will be 4th quarter 2010 at the current pace.

Sales is the one thing I tend to look at. The price can be changed from month to month depending on what hits the market. Sales are healthy and that's really the main thing. The residual benefits of sales are:

1. Moving companies
2. Realestate Companies commissions
3. Banks are lending/investors are spending money
4. Supporting businesses like box companies, tape companies, furniture/cleaning/carpeting/paint/flooring/pool/landscaping/etc will benefit from this.

The entire economic engine is really around sales...