tag:blogger.com,1999:blog-1676618104020922899.post5471407456545396734..comments2023-10-12T01:28:42.483-07:00Comments on Joe's Test: Kaching!!!Joseph Normandinhttp://www.blogger.com/profile/09976263407533776517noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1676618104020922899.post-73208936139151613352010-03-28T19:28:44.396-07:002010-03-28T19:28:44.396-07:00Gambling produces no real goods or services, and i...Gambling produces no real goods or services, and is only marginally better than pushing drugs.<br><br>Boarded-up businesses that eventually surround casinos are a visible reminder of this phenomenon. Money that could be invested in productive companies is instead risked in a legalized gambling scheme. <br><br>To make mattes worse, the Organized Crime Section of the Department of Justice found that "the rate of illegal gambling in those states which have some legalized form of gambling was three times as high as those states where there was not a legalized form of gambling." <br><br>This is because state-sponsored gambling does not allow people to bet on credit, and it forces winners to report their winnings to the government. Illegal gambling does not have these "limitations".<br><br>Finally, gambling encourages greed instead of productivity. Is this good for us?Tihamerhttp://www.blogger.com/profile/10455538338951299249noreply@blogger.com