All Nor'Town is atwitter over the news about Boyd Gaming plan to buyout Stations Casino. (Sun)
Well, okay. Maybe not atwitter. It's hard to imagine Nor'Townies atwitter about anything.
Well, at least we all enjoyed the Sun's unique perspective on the move. It told us that investors favor the move. It should know, being an investor and all.
The intriguing question is: which bankrupt gaming giant, Stations or Boyd, will end up controlling the back-to-back gambling hall properties along the 215?
And what gambling addicts will be patronizing those projects? The Sun told us the other day that suburbs are heading for the dustbin of history, and that Nor'Town's half-empty neighborhoods will become an exurban, dystopic, post-apocalyptic nightmare. Or something like that.
Although ... houses and town homes have become affordable compared with their astronomic highs of a few years ago, the type of people who might buy them fear unemployment and might not be able to get a mortgage.
These structures, which were built cheaply and quickly, will become inexpensive rental housing, a process that seems to have already begun.
Next up, landlords begin accepting low-income Section 8 vouchers, [Brookings Institute Fellow Allen] Mallach said.
He said he sees merit in the prediction of Christopher Leinberger, an urban planning professor at the University of Michigan and a developer who wrote a piece for The Atlantic last year called “The Next Slum.”
Leinberger describes the emergence of America’s newest ghettoes on the outer rings of the suburbs, where crime is suddenly spiking.
“I think the prospects are grim,” Mallach said. (Sun)
Does that sound familiar?
Gee, if there were just some sort of forum where these issues could be discussed, and the electorate could weigh policy options for the future. Something other than the twice-weekly, high-school newsletter put out by the Arkansas wingtards, I mean.
So, do we get to wonder if Nor'Town should be allowing all these casinos in the first place? Do we even talk about it? Or do we simply rubber stamp one of the candidates getting checks from Boyd and bow down to our masters--at least until they get bought out by somebody else?
By the way, the Nor'Town council postponed approvals of the Boyd casino at the last meeting to June 3. I don't know what Boyd's worried about. It has contributed handsomely so far to the coffers of Buck, Smith, and Robinson. Looks like approval's in the bag.
Or it could have something to do with Park Highlands running out of gas, although Mr. Goett assured it ain't so. (Sun)
Hey, why didn't any of the candidates answer that question about what to do in a downturn with sometihng like holding off building a huge new city hall? Guess they don't want to lose that corner office.
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