Kent Davenport has another wonderful radio advertisement out today. If Sharron Angle wins, she can thank Mr. Davenport who is a hearing aide sales man and is spending his own money to combat Harry Reid. Mr. Davenport has been doing this for at least 1 year.
In Davenport's new add, he calls Reid on the carpet for the supposed 22,000 jobs he helped create at City Center. Well, M. Davenport asks a very good question: Why didn't Harry help out Fountainbleau or Echelon. Both are large developments with a casino and hotel/condo's in very tall towers. If opened, they would have employed many thousands of people. Now, they are gathering rust.
Kent asks, if City Center jobs were so important, why were not the Echelon and Fountainbleau jobs? Why are those projects being mothballed while City Center was finished. It wasn't because City Center and MGM greased Harry's dirty palms, would it?
Further, Mr. Davenport says that for every job that City center created, an equal number of people on the Strip were laid off. I believe this to be true.
So, Mr. Davenport, thank you for another advertisement and speaking the truth. Thank you for putting up the money for the advertisements and sticking your neck out. You are a true American hero.
The Ballad of Sir Flufferton the Intrepid
2 hours ago
The reason why Echelon and Fontainbleau were mothballed while City Center was finished has much more to do with the fact that City Center was much farther along in its construction when the recession hit. It would have been more expensive to mothball it than finish it and start getting some (admittedly reduced) cash flow from opening it. When Dubai World pulled back, MGM was too overextended to finish it without help (they can't even finance another Bond film right now). An MGM bankruptcy would have cost thousands of jobs in Las Vegas, not merely shuffled them from downtown hotels to City Center.
ReplyDeleteI don't think if MGM went into bankrauptcy, thousands of people would have lost jobs. Most casino companies have filed bankrauptcy and they have come back stronger and with minimal job loss.
ReplyDeleteAnd no, City Center was not farther along in construction. Most of the construction has been done 2 years before the opening. I watched the building go up. Fountainbleau and Echelon were close to being finished, at least on the outside and that was not true with City Center.
MGM got their baaby because they greased Reid's palms and then endorse him, when in fact reid picked who won and who lost.