It has always struck me as strange that people would bet on a dead horse and that this behavior required regulation. Perhaps if you speed and no one catches you shouldn’t the same logic apply to the nefarious goings on after the deeds have been ruled illegal? Ada County now stuck with an unused racetrack–and the boys in Boise laughed at Nampa and their Idaho Center.

Gambling is illegal and immoral, so it only makes sense to give the State the monopoly on gambling via the Idaho State Lottery.

Drinking is also apparently immoral and the State Constitution says the State of Idaho is to promote temperance, so again the logical thing to do is give the State a monopoly where they profit from the promotion and sale of alcohol.

Ironic how lucrative revenue sources for the State mute the official positions of the evils of drinking and gambling.

If I read this right what should concern every taxpayer and voter in the county (and the State) is that we have a contract between Ada County commissioners and the race track operators under which no legal license is in place.

BOTH the ISP and the County Commissioners have allowed an illegal operation. Both are aiding an illegal operation.

Did they figure it out or was it the Guardian? How many more of these do we have?

I also went to see the historical racing machines. No doubt they were slot machines. But did the lawmakers have the horse blanket pulled over their eyes… or did they fail to do their homework?

I went to some of the hearings and I remember the example of the machines were like the ones in Arkansas at Oakland Race track.
http://www.star-telegram.com/news/politics-government/article4314075.html

Well if you go the the Oakland web site you can see what has happened to historical racing. Who fault is it that they opened the door for gambling in Garden City? Did any of our lawmakers make a trip to Hot Springs to see these machines? Did any one see what could happen if the door was opened?

My feeling is our lawmakers were to lazy to do their homework and should pay the “rich folks” for improvements that they made and the machines they bought.

JMHO

Yossarian_22, Thanks for affirming my point.
“they got taken” Yeah, right.

So that poor victim with income of $50,000 willingly got a loan for $1800/mo INTEREST ONLY 3 year ARM, SIGNS the loan papers, knowing full well that loan payment is HALF of their monthly take home and then some mortgage bully in the backroom changed their loan papers with some whiteout to qualify them for the loan by showing income of $150,000/year income and somehow that is the mortgage brokers/lenders fault when the home buyer can’t make their mortgage that THEY AGREED too?

“Everybody’s doing it- so I’m gonna do it too.”

Fraud? On who’s part? The realtors collecting all those commissions who knew the people’s actual income and told them they could do a ‘stated income’ loan?

Oh right, just like the payday loan businesses- fraud! On those poor innocent people who can’t read or do math. (sarcasm here for those not able to detect it).
What about for all those housebuyers who made a ton of money BEFORE the housing crash with false loans? Was that fraud too?

Kind of like the Les Bois racetrack owner BUYING those machines knowing full well they are slot machines… There is a popular phrase called, “buyer beware”.
And now Porcupine wants to blame the legislators on that slight of law and thinks reimbursement is appropriate. Classic!

There is no fraud when EVERYONE is making money.
It’s only when someone gets screwed does the f-word (fraud) pop up. True for the .com bust; true for the mortgage bust; true for voter fraud; true every time. 🙂

Easterner,

Ok fine, when these apps are forwarded to the independent 3rd party appraisers, they were told to shorten their investigatory time per app down to where they could not properly perform a discovery of the fraud. They didn’t want to give up that business, so they accepted the parameters that led to the sub-primes poisoning the tranches of mixed loan bundles, to be resold over and over.

You want to place all the blame on the borrowers who in many cases went into a lender looking for a normal loan, only to be scolded for not taking the “sweet” sub-prime. They called them “drive by loans.” This all does not forgive the lenders and resellers of these toxic loans that were ticking time bombs from the start. How do I know this? I have a niece and nephew that used to work for Countrywide. They knew that CW et al were committing fraud. And many CW employees were emailing Eileen Foster with all kinds of tips about the fraud. What did her bosses do? They attacked her instead. That is indefensible. Stop apologizing for the lenders of these defective products.

Tom –
Answer: Nobody.
Reason: Incurius corporate media is in bed with the rich folks and the politicians, so they don’t do investigative reporting anymore. They just read “official” press releases like Pravda did in Soviet Russia under Stalin.

So not only do we have the state and a county allowing illegal activity we don’t have a single reporter at the daily rag or on tv that can even investigate this stuff? Oh yea I forgot that today’s reporters just read the press release or take the offenders to coffee to get the “warm fuzzies” about how there is really no problem at all.

The reason they do not dig is that all the reporters want to work as PIO’s and VP’s of Marketing at the places that needs investigated.

I doubt they even saw the political ad in the rag today. I doubt they even care given all the big money that comes into the advertising department of the companies shown on the comic.

EDITOR NOTE–In fairness we gotta defend Cynthia Sewell at the DAILY PAPER. She is the main reason they even bothered to observe the law on the simulcast. http://www.idahostatesman.com/news/business/government-and-business/article66547302.html

I don’t get the attraction of slot machines. You have to be naive to think any slot machine is going to allow you to win. They are rigged in favor of the house. I won’t miss the slots at Le Bois.

So did anything happen on this issue?