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Archive for November, 2005
Thursday, November 17, 2005 Let countries decide their own fate By Len Butcher The war in Iraq continues. American and soldiers from other countries, including Iraq, continue to be killed, as do countless number of civilians. Most of the Middle East countries hate us even more. Our country is divided and our president’s popularity has hit an all-time low. To be fair, not everything is negative. Some [...]
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Thursday, November 17, 2005 Can a real business lose $5 million … a day? By Ian Mylchreest When you see a headline like the one on this Associated Press story about Delta Airlines, it almost makes you wonder why they don’t just put these behemoths out of their misery?
Las Vegas seems to have made the transition to the new low-cost carriers like Southwest, which means we will barely be touched even if [...]
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Thursday, November 17, 2005 Poster and Breitling have the Midas touch By Ian Mylchreest The dot com boys seem to have done it again, according to a report in this morning’s Las Vegas Sun.
Landry’s Restaurants, the new owner of the Golden Nugget, has had to ‘fess up to the SEC that they actually paid $345 million for the downtown Las Vegas property, not $295 million — the number the [...]
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Thursday, November 17, 2005 Chanos to the rescue By Steve Sebelius Is there anybody out there who doubts — if brand-new Attorney General George Chanos hadn’t announced an investigation, the Las Vegas City Council would have rammed and jammed the Bill Walters matter through on Wednesday?
We didn’t think so.
Instead, the council decided to re-impose the deed restriction that limits the land’s use to a golf [...]
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Thursday, November 17, 2005 Accountability, anyone? By Steve Sebelius Another day, another part falling off the Las Vegas Monorail.
According to the Review-Journal, which keeps track of these things fairly well, a four-foot, 10-pound Fiberglas wheel skirt fell off a monorail train on Sunday morning. Another train then ran that part over. As a result, the system was shut down until early afternoon.
Sure, [...]
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Wednesday, November 16, 2005 Cheap at twice the price By Ian Mylchreest Now might be a good time to think about moving to Southern California.
The median house price has dropped slightly this month. That median house will only cost you around $473,000, says
a report in the Los Angeles Times.
This makes the second month in a row that the median price in the country’s most expensive housing [...]
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Wednesday, November 16, 2005 It isn’t illegal, is it? By Ian Mylchreest Everyone knows that Internet gambling is illegal, don’t they? Well not quite everyone.
There is a whole bunch of not quite A-list celebrities including former Minnesota Gov. Jesse Ventura and Fox Sports personality Tom Arnold who think they can still advertise online sports books and online casinos … and get away with it.
Online gaming expert, [...]
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Wednesday, November 16, 2005 It’s beginning to look a lot like … a sale By Ian Mylchreest It’s not even Thanksgiving yet and all over town the malls are full of Christmas decorations and, of course, the big push to ensure that shoppers max out their credit cards to show their affection for their family and friends.
The Internet is, however, allowing the masses to fight back. The New York Times reports [...]
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Wednesday, November 16, 2005 The Up-To-$80-Million-Man By Steve Sebelius How much have Las Vegas city fathers and mothers given away to golf course developer Bill Walters over the past decade on just the 160-acre Royal Links golf course parcel? Perhaps as much as $80 million when it’s all said and done. More on how we arrived at that figure in a moment.
First, let [...]
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Tuesday, November 15, 2005 Our local media is failing us By Len Butcher I worry about the media, in general and particularly right here in Las Vegas. I worry because we live in a world-class city with a third-class media and I’m being generous when saying that. But we are not the only ones suffering from a media that is obsessed with making the news rather than reporting [...]
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