Wednesday, January 24, 2007

So that's where our deficit dollars go...

Ever wonder where all those US dollars go when they leave our shores via Wal Mart's cash register?

From the New York Times this week regarding Macao's growth and China's addiction to the crap tables:

"Some of Macao’s highest rollers have been caught gambling with [Chinese] government money or with cash siphoned off from state-owned companies rather than their own funds. In 2005, for instance, Beijing said that more than 8,700 “party members and cadres” were punished for gambling. "

We all know Harry Reid used $120,000 in campaign funds for Vegas stays, but 8,700 Chinese statesmen punished, wow.

Could a gambling boom stave off WWIII?
Digg!

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