Racing Past the Constitution
Posted in Main Blog (All Posts) on April 13th, 2009 4:40 am by HL
Racing Past the Constitution
WASHINGTON — Rampant redistribution of wealth by government is now the norm. So is this: It inflames government’s natural rapaciousness and subverts the rule of law. This degeneration of governance is illustrated by the Illinois Legislature’s transfer of income from some disfavored riverboat casinos to racetracks. Illinois has nine licensed riverboat casinos and five horse-racing tracks. In 2006, supposedly to “address the negative impact that riverboat gaming has had” on Illinois horse racing, the Legislature — racing interests made huge contributions to Gov. Rod Blagojevich — mandated a transfer of 3 percent of the gross receipts of the four most profitable casinos, those in the Chicago area, to the state’s horse-racing tracks. This levy, subsequently extended to run until 2011, will confiscate substantially more than $100 million.
Sens. Bayh and Coburn on “Fox News Sunday”
WALLACE: Tough issues face America this holiday weekend, from a global financial crisis to challenges on nuclear arms and the open sea. We’ll tackle it all with two key members of the U.S. Senate, Democrat Evan Bayh and Republican Tom Coburn . Then, Wall Street and other economic indicators show an uptick. Is the worst behind us? We’ll go to the FOX Business Network for answers when we talk with Liz Claman and Jenna Lee. Plus, former top Bush adviser Karl Rove calls out Vice President Biden.
