Abstract:
It might not be a presidential election year, but some fiercely debated Ohio-wide issues as well as Cleveland's next mayor will be decided on November 3.
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There's an important point about Issue 3 that people need to understand. I just read that based on the projected operating income of the 4 proposed casinos, they will have a value of $3 -$3.5 billion! If you read issue 3, they are required to spend $250 Million to build each casino and $50 Million for a license fee at each casino. That's a total of $1.2 Billion they would spend for a business worth $3-$3.5 Billion. Are we really supposed to change our constitution and give away that much money to two out of state companies? This is a farce. I'm not against the casinos in Ohio, but the politicians in this state need to wake up and realize what's going on here. Grab the bull by the horns and get something in place that makes sense. If this isn't a giveaway, then I don't know what is.
JT
posted 10/09/09 @ 12:12 PM EST