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Quote by John Warren Kindt

“If you want your 401k to come back, recriminalize gambling”

Quote by John Warren Kindt

Author

John Warren Kindt

John Warren Kindt is a renowned author whose works span across various fields, including history, politics, and economics. His exact birth and death dates are unknown. more

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“It's time to wipe the slate clean, recriminalize gambling, just like we did in this country 100 years ago”

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“And as far as jobs go, for every one job that the casino creates, one is lost in the 35-mile feeder market”

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“Gambling drains the economy by taking money away from grocery stores and retail businesses and putting it in the hands of an industry that produces no product”

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“While advocates of legalized gambling say it brings in revenues needed for education and other uses, it actually has led to higher taxes, loss of jobs, economic disruption of non-gambling businesses, increased crime and higher social-welfare costs”

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“One advantage in keeping a diary is that you become aware with reassuring clarity of the changes which you constantly suffer.”

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“If gambling were banned, those social costs would drop, tax revenues from consumer goods would increase, and money would be pumped into the productive economic sector”

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“The lightning spread of 'Western-style' gambling overseas has increased the problems of addicted and problem gamblers, organized crime and alleged corruption in Asia and the Middle East”

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“In permitting gambling enterprises to flourish in the United States and abroad, the United States undermines global socio-economic stability in contravention of its international obligations”

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“Another threat to stability is the rise of Internet gambling”

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“The faster the gambling activity, the more highly addictive it is; and the more addictive the gambling activity is, the more revenue it will generate for the industry”

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