The whole unlawful internet gaming law is joke, even forgetting about the sneaky way it was made into a law.

People who want to play online poker will do so regardless of the law. It just makes it less convenient.

If our legislators had any brains, they would legalize it, regulate it, and tax it. Oh that's right, they're politicians.

I love people who blame the banks, brokers, etc for their problems. Sure there was mis-guidance, if not out outright fraud.

At the end of the day though....

YOU borrowed the mony

YOU should have understood the terms, and if not, hired someone who did to explain them to you

YOU should take accountability for your debts and not expect the government (read taxpayers lime me) to bail you out.

I think everyone in Vegas has been brainwashed to believe uncontrolled growth is the norm and will continue forever.

Does anyone really believe it is viable to keep adding thousands of hotel rooms each year? Or to keep building massive sub-divisions far into the desert?

We have seen it time and time again that things cant grow at high rates forever. Look at the dot coms, look at housing prices, ....

Vegas recent growth was built on cheap energy and an artificially booming economy (due to housing speculation) - those days are over.

Is anyone surprised by this high rate of foreclosures?

If you allow people to buy homes with no money down, no documented income, neg am loans, and inflated appraisals - what do expect to happen?

Vegas has 2 big issues, water and energy. I actually believe energy is the more urgent concern. Oil prices will only go up. Yes, there will be periodic reductions, but the overall trend is up. Global demand is increasing rapidly, and even additional drilling is a short term response.

Vegas is so dependent on cheap energy for its economy in terms of both tourists and in terms of costs of transporting virtually everything to the city.

I really dont see how Vegas can even maintain its current economic situation, let alone have economic growth unless somehow the cost/availability of energy is addressed.