Photo from GetRichCasino.com
About a month ago, Barack Obama gave a speech, wherein he said, "You can't go take a trip to Las Vegas or go down to the Super Bowl on the taxpayers' dime." This upset many in Las Vegas, who took it as an indictment of the city itself, instead of the fact that bailout recipients were taking pleasure trips.
Now, the owner of The Venetian and The Palazzo is complaining about it. Sheldon Adelson is one of the biggest Republican names in Vegas, having hosted many a fundraiser. And--being a staunch Republican--you'd think he'd be against using taxpayer money for such frivolity. But when it comes to money, he's not the first of his party to ignore principle in favor of the bottom line.
[Excerpt]
Vegas mogul slams corporate spending backlash
Las Vegas casino legend Sheldon Adelson launched a quest for America's most boring city on Tuesday in a comeback to President Barack Obama's criticism of bankers who hold meetings in the famous gaming capital.
Obama last month warned companies that get bailout cash against spending it on activities potentially seen as perks -- sparking a row with hotel and resort operators who say they are already struggling to fill rooms and may have to cut jobs. . .
Obama last month warned companies that get bailout cash against spending it on activities potentially seen as perks -- sparking a row with hotel and resort operators who say they are already struggling to fill rooms and may have to cut jobs. . .
Read more at: Reuters
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