So let me get this straight:
Indiana's racinos and casinos have cannibalized each other to the point that racinos (casinos at horse tracks) are asking for a state government bailout. Horse industry people who lobbied for the racinos to "save" horse racing now say they need a bailout, too.
Kentucky horse industry people say they need racinos to "save" horse racing.
Hmmmmm...
Monday, February 23, 2009
Bailout ad absurdum
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What amazes me is that Kentucky seems to think that the state only revolves around the horse racing industry. We need more industry here than that and 4 million plus Kentucky residents are way more than what has been produced by the racing industry.
The racing industry is a nice side business and I wish it well, but its not going to provide employment and opportunities for the mass of people of this commonwealth.
Until these boneheads in Frankfort get it, we will still have a lot of the economic issues that are going on.
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