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Egoism Individualism Sovereignty Splendor (These ideas are explicated in this sloppy manifesto) SplendorQuotes: Splendor is the interior experience of being so enthralled by the act of creating the values that contribute to and ultimately comprise your idealized perfect self that, while you are experiencing it, you are your idealized perfect self. Living is what you're doing when you're too enthralled to notice. Dying is what you're doing when all you can do is notice. Man is the only animal capable of comprehending what his life requires, and he is the only animal capable of failing to do what his life requires. Self-love is the joy and reverence you earn and deserve by the relentless pursuit of your deepest desire. Self-esteem is the high regard in which you presume to hold yourself in appreciation for the accomplishment of absolutely nothing. Greg Swann's writings Wild Cochise Gang: Our family pages and Christmas cards Read my free e-book about love, splendor and philosophy, The Unfallen My Myers-Briggs type is ESTJ: Administrator--Much in touch with the external environment. Very responsible. Pillar of strength. 8.7% of population. Take a free Myers-Briggs personality test. War with Iraq: The Cain Doctrine The 'wrest' of the story Taking a better grip Why the Bush Doctrine will prevail--and fail A Just and Libertarian war... Persephone's second coming... presence of the recent past Nick and Norm drive the point home A Costco family Christmas Hang tough The season's greetings Curing the incuriosity of the East A canticle for Kathleen Sullivan Colloquy with a goat Back-handing the sinister American left To Condi, with sweetness Reds Sacrificing Diana Defusing the Unabomber Let 'em eat steak Shyly's delight Anastasia in the light and shadow Archives Join the email update list
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Saturday, September 20, 2003
BetterVegas: Casino California II A different take on Tribal gaming from the Los Angeles Times: Tribes also retain some of the most effective lobbyists in town. As their power has grown, they have blocked expansion attempts by other gambling enterprises, such as racetrack operators and card rooms. Racetracks, for example, covet slot machines — and the tribes routinely have kept such efforts bottled up. Islam watch: Spies everywhere... From the Seattle Post-Intelligencer way back on Oct. 20, 2001: [Capt. James Yee, a West Point graduate and a convert to Islam,] recently wrote a piece for Fort Lewis' newspaper, the Northwest Guardian, titled "Islam, what is there to fear?"What is there to fear? How about this, from today's Washington Times: An Islamic U.S. Army chaplain, who counseled al Qaida prisoners at Guantanamo Bay naval base, has been charged with espionage, aiding the enemy and spying.We are what we do, not what we say we do. This is a simple lesson some Americans seem entirely unable to learn. BetterVegas: Casino California "The gaming market is going to continue to grow and California will be, one day, the largest gaming market in the world."So says Kevin Kelley, president of the Hard Rock Hotel and Casino in Las Vegas. He was talking about a failed bid by Hard Rock to manage an Indian casino near San Diego. In the short-run, he's probably already wrong about "the largest gaming market in the world". I expect that China already holds that title, and will for a long, long time. And in the long-run, I think California's future in the gaming industry will depend more on companies like Hard Rock--and Caesar's Palace's Park Place Entertainment (which won that particular bid), Harrah's Entertainment and Station Casinos--than it will on the Tribes. In the long-run, which may not be very long at all, I expect California to legislate some form of legal, non-Tribal Las Vegas-style gaming. The immediate reason for this is the state's fiscal crisis resulting from the insane energy policies pursued by soon-to-be-ex-Governor Gray Davis. California needs massive amounts of new tax revenue, and it has already taxed itself to death. But there is another factor, one never found far from an easy buck: Rotarian Socialism. "Why should the Tribes get all that dough?," the Rotarians whisper to their friends and brothers-in-law in the statehouse. This is a matter of concern for casino-operating Indian Tribes nationwide, and it is the reason why the Tribes of California are making massive campaign contributions to every soon-to-be-next-Governor they can get next to. That battle is already lost, I'm afraid. The demand for legal (and illegal) gambling in California is huge. Consider this list of Indian casinos in the San Diego area. That's just Indian casinos. No horse tracks. No dog tracks. No card rooms, those strange semi-casinos unique to California. The site Hard Rock lost, the site that Park Place will develop as a Caesar's Palace-themed property, will have a casino floor of 100,000 square feet. Two acres. The same size as the casino floor at the Mirage in Las Vegas. Except that the hotel at the Mirage has 3,000 rooms and this San Diego Little-Caesar's will have 500 rooms. Clearly, the expectation is that the rest of the traffic on that two acre casino floor will be drive-in business. Here's an easy prediction: Within a year of the Grand Opening, Park Place will announce plans to expand. The casino, not the hotel. The demand for gambling in California--and elsewhere--cannot be abated from Indian reservations--the worst and least accessible land our Rotarian Socialist forebears could stick the Tribes with. A Rotarian Socialist hybrid solution has been to try to build fake mini-reservations on leased land in viable locations, but this will not get anywhere. Companies like Park Place Entertainment don't hate Indian casino operating contracts, since they reap their management fees while socializing the capital risk to the Tribes. ("Socialize the risk!" is the manic mantra of certain segments of American business.) But the profits from direct ownership are so huge--along with the tax yields--that there is no chance that the gaming companies and the Rotarian Socialists and legislators of California will let the Tribes keep this business in the long-run. Whether California will be "the largest gaming market in the world" is open to question. But Tribal gaming in California is already a threat to Nevada--especially to Laughlin and Reno. Ponder what a city like San Diego, already a premier resort-destination, could do to Las Vegas, if California were to make semi-free-market gambling legal... Thursday, September 18, 2003
BetterVegas: Build a better Vegas... The rectangle defined by the freeways in the map above is basically downtown Phoenix. The Northeast and Northwest corners are more or less seedy residential housing and seedier retail stores. The Southwest corner is light to heavy industry, fairly grungy. The Southeast corner is devoted to servicing SkyHarbor Airport, which is just east of 24th Street. The railroad runs across the Southern portion of the map, and the sorrounding area is influenced accordingly. There in the upper middle section of the map, just South of that little red square, is the intersection of Washington and Central, the commercial heart of the city. This is where the skyscrapers and the Convention Center and the stadia are. What's interesting about this rectangle, surrounded by freeways and infested with extreme infrastructure, is that there are virtually no registered voters residing within it. The poor will always be with us, but not so much on Election Day. There are pockets of Yuppie Urban Pioneers, but they're mainly situated north of the I-10 Freeway. But that rectangle is largely filled with commercial real estate of various sorts: Office buildings, parking garages, hotels and stadia, theaters, rail yards, warehouses, trucking depots, tank farms, power substations, etc. And the beautiful thing about commercial real estate is that people tend not to care when it is put to a more productive use. What am I getting at? Arizona is even more schizophrenic about gaming than is Las Vegas, if that were possible. We sprout Indian casinos in rashes, but we try very hard not to notice. In the last election, the dog and pony shows tried to level the regulatory playing field, but instead Arizona voters gave the Tribes an even better sweetheart deal. We have gaming growing out our ears--and hordes of Zonies racing off to Las Vegas and Laughlin, NV, every weekend--but we very studiously refuse to look beyond our noses. This will change, I expect. Due to a spectacularly stupid piece of legislation that inadvertently paid for half the cost of very high-end vehicles for anyone prosperous enough to buy the other half (I am not making this up!), Arizona is about half-a-billion dollars in debt. This is nothing compared to the debt load California is carrying, but it is still a ton of money. Casino gaming is not the only way to buy down this debt, but it is the only way that won't cripple the state's existing tax base. (And, no, I am no endorsing taxes, but this is how things are and will be done here and elsewhere.) And then there is that rectangle, mostly devoid of voters but amazingly well-serviced by power and bandwidth and water and transportation. Roughly eight square miles, just over 5,000 acres. If that little region were to be designated as a Free Gaming Zone, the change would transform the city in due course, and eat Las Vegas alive. Schizophrenia aside, the more serious mental ailment of the Las Vegans is denial. San Diego is a very successful resort destination without gaming. Phoenix is a very successful resort destination without gaming. Before gaming legislation passed in Nevada, Las Vegas was a watering stop on the railroad. Las Vegas promotes its shows, its golf, its restaurants, its spectacles and that damn nuissance of a dam, but the truth is Las Vegas would be nothing without gaming. Unlike Phoenix, unlike San Diego, there is no reason to go there that is not rooted, ultimately, in gambling. But Phoenix is already an immensely successful resort destination. Phoenix is the fifth largest city in the United States, and, even if despite itself, it can manage rapid change and growth. The rectangle defined by the freeways on the map is the heart of a great big city. A Phoenix with Nevada-style gaming, even if only on those 5,000 acres, would be a force to contend with. First by keeping Arizona gaming dollars within the state. Second by giving the resorts the added-value of gaming--without going anywhere near the resort properties themselves. Third by giving gamblers world-wide a destination that can deliver the product, a city that is not constantly thrashing from the seizures of spastic growth. And fourth by creating many thousands of taxable jobs delivering taxable goods and services on ever-more-taxable real estate. We can all join together in the hatred of taxes, but it is the quest for tax revenue that will bring this change about. Bottom line: Arizona needs the money. And Arizonans like to gamble, so long as they can export that vice elsewhere, to Nevada or to the Tribes. Defining Downtown Phoenix as a Free Gaming Zone solves both problems. Would Las Vegas be able to compete against a BetterVegas in the Sonoran? That would be a fun show to watch... BetterVegas: Fool's paradise? The Global Gaming Exposition is concluding today in Las Vegas, and if you skim the Las Vegas Review-Journal starting Sunday, you'll glean all the gritty details. Yesterday there was a confab of casino number-crunchers, and what I think is an interesting argument came out of it: The CFOs weren't worried about the effect of California tribal casinos on their Strip properties, although less developed markets in Laughlin and near the border between the states could suffer, they said.This is not horribly wrong, but I think it is horribly short-sighted. Surely, for now, Indian casinos don't represent a threat to Las Vegas, but newer properties such as Barona Valley in San Diego are aimed right at Sin City. What's worse, California is carrying kazillions in deficits along with long-term energy futures contracts bought at the top of the market. How long before California and Arizona decide to compete with Las Vegas for all those resort, casino and entertainment dollars--and all the jobs that go with them? Not long, according to a different set of gaming executives: The spread of gambling is the best hope Nevada-based operators and slot machine manufacturers have to boost revenues and profitability in the next few years, they said during the expo at the Las Vegas Convention Center.And this is clearly right, from the point of view of the sharholders of gaming issues. Not so right for the Mandalay Resort Group, which is almost exclusively invested in Las Vegas. Amazingly right for Harrah's Entertainment, which is very profitably invested practically everywhere. The future of gaming is very bright, if only because politicians need more money to steal. The future of Las Vegas is another matter. The remark about "intellectual capital" is funny, since Las Vegas is practically British in its inability to deliver the product at retail. But the better argument--installed base--is not very sturdy, either. Gaming in Nevada became legal in 1931, not yet 75 years ago. The oldest bird still alive on the Strip, the Flamingo, is only 57 years old. And the Mirage, the first of the SuperCasinos, is only fourteen years old. If California or Arizona, or both, were to make gaming legal, how much business could they take from Las Vegas in fourteen years? I have a lot of thoughts on this general subject, and I'm going to explore them in detail, in time, as my time permits. In due course I may take it to a separate weblog, just because there is so much ground to cover. For now, consider this: People think the word 'gaming' is just Vegas schizophrenia (about which more later), a euphemism to avoid the word 'gambling'. The truth is this: Gambling is what your're doing when you throw the dice. Gaming is what I'm doing when I hand you those dice, in exchange for your money. Gambling is a sure loss, while gaming is an assured win. If you really, really hate California Baby-Boomer Lexus-Driving Yuppie Scum--buy gaming stock issues. Their money will become your money. And living well on their money is the best revenge of all... Monday, September 15, 2003
Tony Snow: Why we fight... This is Tony Snow's parting comment from yesterday's Fox News Sunday: Two years ago we rediscovered ourselves -- our decency, strength, resilience, our resolve. But we knew even then the feeling wouldn't last. Sunday, September 14, 2003
Johnny Cash, certified phenomenon The Man in Black made the cover of Time and all he had to do was die. The articles are halfway decent, even so. There's this from an interview in July: When my wife died, I booked myself into the studio just to work, to occupy myself. So I started recording all these things that I found, songs that people had sent me. I got a potful of them. That's what I'm gonna be doing for a while.The main article cites fifty tunes recorded since June Carter died in May. Overall, the piece is over-written where it's not completely overwrought, as here: His songs played like confessions on a deathbed or death row, but he delivered them with the plangent stoicism of a world-class poker player dealt a bum hand.The lightning bug owns nothing of lightning, after all, but we don't need the lightning bug to tell us that. Listen instead to Johnny Cash covering Nick Cave on The Mercy Seat, which I'm quoting in full because it is so horrifyingly perfect: The Mercy SeatThe Johnny Cash rendering of this song does everything Dead Man Walking did not do, and there is nothing Time can do to mend, amend, explain, dismiss or decry this. This is everything that art can be and should be. This is perfection, complete and full and finished. And there may be one or two more like this in those fifty new recordings... |
SplendorQuests
Work I am a a Realtor working in sunny Phoenix, Arizona, and the Designated Broker for Bloodhound Reatly. I am an Accredited Buyer's Representative, a Certified Buyer's Representative, a Certified Residential Specialist, an E-Pro Internet Certified Realtor and a Graduate of the Realtor Institute. I speak frequently on real estate issues and write a weekly column for West Valley sections of the Arizona Republic. If you need--or you know someone who needs--to buy or sell a home in the Metropolitan Phoenix area, I would be grateful for the opportunity to compete for the business. I think I represent the best of all worlds: Objectivist intelligence, Libertarian integrity and Catholic conscientiousness. For a liberty-loving take on real estate news, visit the Bloodhound Home Marketing Group weblog. And if what I'm doing suits the readership of your web site or weblog, please do link to it. Or go me one better by putting the customizable button above on your web page. Either way, for every person you refer who buys or sells a home with us, we will donate 10% of our net commission to the charity or advocacy group of your choice (within limits; we won't give money to people who kill people). Find out more from our referral page.
Play
If you don't know how to play poker, but want to learn, a place to begin is my Amazon list of poker books for beginners. Just remember: If you don't have a Positive Expected Value--you're gambling... |