Archive for the ‘news’ Category



October 10, 2008



We here in Las Vegas are in the top five areas of foreclosure, sub-prime, and abandonment of what was high-priced housing.  It looked like we might dodge a bullet with the employment opportunities of the new construction of MGM-Mirage’s City Center, Boyd Gaming’s Echelon, and Steve Wynn’s Encore among other large projects.  MGM’s project got snagged-up in a financing problem but is now on track and Encore is getting ready to open as well.  Boyd Gaming cancelled Echelon until further notice and the unemployment rate is now over 8% here-a record never seen in Vegas before. 

These problems resonate beyond Vegas-throughout the country and the world.  The deleveraging of trillons of dollars locked up in real estate losses sends stock sales scorching the indexes as the cash needed to unwind and divest indiscriminately throws out both the baby and the bath water.  So you ask, “Why bring this up, Nick, don’t you think we are already depressed enough for the next 20 years?”  Well, here comes the back end of the problem that no one has addressed yet.

If the government sets up a mortgage relief fund to bail out homeowners, the government is the holder of the note or mortgage.  If the people who are obligated to pay that mortgage lose their jobs or simply walk away from the home, unlike a normal foreclosure where the city and state still assess taxes (and the new buyer or mortgage holder must pay them)-Uncle Sam does not pay taxes.  Let me repeat that: Uncle Sam does not pay taxes, no way no how, zilch, zero, verkact, nada, nothing.  Ergo, if this phenomena continues in a downward spiral, tax bases will erode even further than they have now and less money will flow into state and city government, and even at the federal level as people lose jobs. 

I hope we don’t get to that point, but if we do, Newton’s Third Law of action and reaction (’s_laws_of_motion) will show itself in full force.  Printing money will go into hyperdrive (Not that is hasn’t now) and it could take many years to heal these wounds.  Hopefully, it will not get that far, and my red flag isn’t relevant, but right now…………

I am a part of it, as you are, as we are all together………………..see how they fly like pigs in the sky see how they run. 

We will get through this as well!


A Real Tropicana Folly

August 22, 2008


The Nevada Gaming Commission on Thursday gave unanimous approval for the Columbia Sussex Corporation to hand over operational control of bankrupt Tropicana Entertainment to a four-person board eliminating the owner William Yung III from all operations and ownership status and while the new board members undergo investigation for licensing in Nevada. Chairman of the Nevada Gaming Commission, Pete Bernhard said, “This particular structure at this particular time under these particular circumstances justify us approving (this deal),” “It’s not something we would do with any company at any time that’s in financial distress.”

So, I ask why would you do it at all?  The owner chased after the stock bidding up beyond $50 a share when no fool would have bought it for more than $35 a share, and then leveraged everything, laid off thousands of workers, pissed off the Culinary Union, and then defied the New Jersey Casino Control Commission by not setting up internal audit structuring that is required by New Jersey law. 

All of this stupidity, directed by Mr. Yung himself, fell back into his lap when the Commission declined to give him a permanent license and placed the casino in the hands of a conservator while waiting for bidders.  At this point with the credit crunch they may have a very long wait for someone to want to pony-up 3 billion dollars for someone to buy an aging casino in New Jersey while Pennsylvania is opening up huge gaming halls and cannibalizing New Jersey’s gambling business.

While all this is happening, less than enlightened journalists in Las Vegas are writing articles about how the big bad New Jersey Control Commission is practically communistic in their decision, regardless of the fact that Casinos were created under a referendum in 1978 that included in its charter – one of the purposes for allowance of those casinos – the purpose of the creation of employment for New Jersey residents.  Nevada could care less about that, the employment-at-will laws and the disregard for the working class has long been ingrained in the once small circle of millionaires, and now billion-dollar multi-national corporations with mostly the same management personnel, that rule the roost here.  One particular journalist even stated that if a casino wants to allow it’s toilets to overflow and its rooms to be dirty then that is their choice.  That had to be the stupidest thing I’ve ever seen or heard.  The business of this state reflects the image of this state, whether it is in New Jersey or Nevada, California-if you allow shitty operators to run shitty businesses, then you get a shitty perception of what your state stands for and allows.  Then this guy who actually gets paid to write this crap, states he thinks the Culinary Union is sabotaging the Tropicana and bedbugs were “planted” by those horrible union employees (statements the owner and management originally made).  And you wonder why this guy lost his license there?

So, here in Nevada where the good old boys are still the good old boys, Scott Butera a very good executive that I know from my days at Donald Trump’s Empire in Atlantic City, is placed in charge with this new board that has ex-communicated the owner.  Why is this happening I must ask?  Why is this hotel getting special treatment here in Nevada when it is so upside down, the sale of all the assets could not come near what Yung paid for the Tropicana Corporation.  In this supposed laissez-faire atmosphere here in Nevada (for employees at least) , why are we allowing an inept operator/owner to give up his ownership and control and stand in the corner on “time out” while someone else bails him out for all his stupidity?  Since when have we become a socialistic business state?  Hypocrisy abounds between those that have, and those that have not in the city of Las Vegas and the State of Nevada.  I’m happy those that are still at the Trop here and in AC still have jobs-and each person doing the work of three people – but the reality is they would be better off allowing someone to buy the places for thirty cents on the dollar, knock this one here in Vegas down eventually and make room for a world class resort, something this state should demand of every casino project. 

Scott should know that, Donald paid the bondholders thirty-three cents on the dollar when he went bankrupt back in the nineties in the days of Ivana and Marla and out-of-control Trump Taj Mahal executives that spent his money like sailors on shore leave.  And by the way, he paid that thirty-three cents on the dollar in notes that would convert to stock in 5 years, and I believe over 120 businesses went bankrupt on the deal, some that had been in business for over 30 years.  He forgot to read his own first book “The Art of the Deal” and then Steve Wynn did almost the exact same thing years later allowing a shrewd Kirk Kirkorian to create the comglomerate MGM-Mirage.  Buy low, sell high………you have to sell high to make it work though, not buy high.

There’s no tellin’ what varmints get away with here in the ole’ West……let‘s not even talk about that fancy 10 billion dollar water pipeline that’s gonna suck out the North’s underground water for Vegas yet……………..Whoa Nelly!  Talk to the Knappster! (George Knapp Vegas’ investigative reporter par excellence) He’ll give you an earful on that subject better than I could.


-Should have taken a left, what was I thinking?-James Reed (leader of the Donner Party)










Welcome to Las Vegas, You’re On Your Own

July 16, 2008

We have the seventh busiest airport in the world here in Las Vegas and what began as a small terminal with portable steel stairs has evolved into a giant morass of four major terminals with more to be built.  In this expansion the McCarran Airport Director, Randall Walker has been surrounded with controversy concerning inappropriate criminal land dealings (“I wasn’t informed to them and had no knowledge of them”); questionable vendor awards with connections to Las Vegas officials for businesses inside the airport;  and other business dealings that have failed to sully his reputation.  His most memorable legacy will be the complete idiocy, stupidity, and incompetence of the construction of roads and signage leading to and from this airport that will guarantee that you will do the “airport loop” at least once until you finally get the reckless courage to take on the cabs and buses that will cut you off before you can make an intelligent decision to have to move four, yes that’s four lanes to get into a correct lane for either Departures or Arrivals.  Then that’s no guarantee that you will be in the correct lane for very long. 

If you are picking someone up, be mindful that if you follow the signs you will end up in long term parking, have to go all the way through the long term parking garage with your ticket, proceed to the exit where you explain to the attendant, who has heard this story a hundred thousand times and just opens the gate for you to drive back to the chaos of switch-crossings and death-defying maneuvering without even acknowledging your existence.

If you are heading to Departures be mindful that you will hit a concrete embankment if you proceed by the signage so stay right (but not too far right) drive close to, but without actually plowing into the bridge, and if you miss the Departures turnout, it will then take you out of the airport’s frustrating confusing circuitous route and drop you out on Tropicana Avenue if you don’t get in the correct lane in less than 3.5 seconds after you finally get four lanes over fighting those cabs and buses that are doing 50 miles an hour on a 25 mile an hour roadway blocking your every move to do so. Got all that?  Did you remember to carry the one?

The pure arrogance of Mr. Walker, who by the way is the brother-in-law of Henderson’s Mayor James Gibson (he doesn’t want anyone to know that, I’m sure) is his statement years ago in the press that read “The roads weren’t built for residents, they were built for tourists who use the cabs and buses, and the cabs and buses know which way to go.”  My last statement is simply, Mr. Randall Walker as you begin to prepare to go to work for a private company that did millions of dollars of work for McCarran Airport and now will be a part of the new airport being planned in Ivanpah near Primm, where you will undoubtedly screw that system completely up; we residents here in Las Vegas know as “the cabs and buses know where to go,” where you should go as well.  And it’s much hotter there than Vegas in August with no hope of a monsoon or fall weather.   Ahh, arrogance always induces pride before the fall.  Don’t let a bus run you over.


Las Vegas Lists

July 12, 2008

I was doing some research the other day and stumbled across lists of things about Las Vegas that I thought might interest readers.   For the whole history of Las Vegas in Wikipedia go to:,_Nevada

Here are a few interesting anomalies for you:


“Addams Family” Themed Resort, Asia Resort and Casino, Beau Rivage, Caribbean Casino Cascada, City by the Bay Resort and CasinoCountryland USACrown Las VegasDeVille CasinoHarley-Davidson Hotel and Casino, Jockey Club Casino, London Resort and Casino, Montreux ResortMoon Resort and CasinoPalace of the Sea Resort and Casino, Titanic (that one would have hit a few snags), Unnamed “Haunted House” Casino,  “South Beach” Casino, World Trade Center (that would have been a real bad idea),  World Wrestling Federation (that one came close), Xanadu, and my own fantasy favorite “The Unknown Comic Casino” where everyone wears bags on their heads with holes for the eyes, nose, and mouth.

Movies Shot in Las Vegas

1960 Ocean’s Eleven

1964 Viva Las Vegas


1971 Diamonds Are Forever


1982 Things Are Tough All Over


1984 Starman


1986 Desert Bloom


1988 Rain Man


1992 Cool World


1992 Honey, I Blew Up the Kid


1994 The Stand


1995 Casino


1995 Leaving Las Vegas


1995 Showgirls


1996 Mars Attacks!


1997 Vegas Vacation


1997 Con Air


1997 Fools Rush In


1997 Austin Powers: International Man of Mystery


1998 Fear and Loathing in Las Vegas


1998 Lethal Weapon 4


1999 Siegfried & Roy: The Magic Box


2000 Pay it Forward


2001 Rush Hour 2


2001 Ocean’s Eleven


2001 Rat Race


2001 The Mexican


2001 Memento


2001 America’s Sweetheart


2002 Getting There


2003 The Cooler


2004 Dodgeball: A True Underdog Story


2005 Miss Congeniality 2: Armed and Fabulous


2005 Lucky You


2006 Rocky Balboa


2007 Ocean’s Thirteen


2006 ‘21’


10 Famous Weddings in Las Vegas

1.  Perhaps the most famous wedding ever to commence under the Vegas sky was between the King himself, Elvis Presley, and Priscilla Anne Beaulieu.

2.  A mere four years before her untimely death, actress Judy Garland married Mark Herron in 1965.

3.  In the spring of 1989, rock star Jon Bon Jovi married Dorothea Hurley in the heart of Las Vegas.

4.  Ringing in the 1990’s was heavy metal legend and king of procrastination Axl Rose marrying Erin Evelyn at Cupid’s Wedding Chapel.

5.  Former NBA superstar and rebounder extraordinaire Dennis Rodman married actress and supermodel Carmen Electra in November of 1998.

6.  In one of the most unlikely weddings imaginable, Billy Bob Thornton tied the knot with Tomb Raider goddess Angelina Jolie in Vegas on May 5, 2000.

7.  Famous Actor Mickey Rooney married Eva Gardner in January of 1942.

8. Film star and Vietnam War protestor Jane Fonda made headlines in 1991 when she married billionaire TV mogul Ted Turner.

9.  In 1966, Rat Pack member Frank Sinatra entered into a year and half long marriage to Mia Farrow in Las Vegas.

10. In 1989, 26 tear old NBA icon Michael Jordan married 30 year old Juanita Vanoy at the Little White Wedding Chapel.

Las Vegas Personalities

  • Andre Agassi Native tennis player philanthropist
  • Ashlyn Gere Pornography Star of the late 1980’s
  • Bobby Baldwin Non-Native poker player and casino executive 
  • Benny Binion Non-Native owner of the Horseshoe casino
  • Joey Bishop Non-Native entertainer The Rat Pack
  • Sam Boyd Non-Native casino owner
  • Toni Braxton Non-Native recording artist
  • David Brenner Non-Native comedian
  • Kurt Busch Native race car driver, NASCAR 
  • Kyle Busch Native race car driver, NASCAR 
  • Charlie Callis Native comic 
  • Charisma Carpenter Native actress 
  • Daveigh Chase Native actress 
  • Spencer Clark Native race car driver, NASCAR 
  • Rico Constantino Native wrestler
  • Randall Cunningham Non-Native football player
  • Tony Curtis Non-Native actor 
  • Jay Cutler Non-Native IFBB Professional Bodybuilder Mr. Olympia
  • Laura Dahl Native fashion designer
  • Moe Dalitz Non-Native developer casino owner/executive (Desert Inn)
  • Ricky Davis Native basketball player 
  • Sammy Davis, Jr. Non-Native singer and entertainer The Rat Pack
  • Becky Delos Santos Non-Native model, Playboy Playmate
  • Leah Dizon Native model, singer 
  • Brandon Flowers Native musician The Killers
  • Siegfried Fischbacher Non-Native entertainer Siegfried & Roy
  • Tony Fredianelli Non-Native Musician Third Eye Blind guitarist
  • John C. Fremont Non-Native explorer
  • Danny Gans Non-Native Impersonator
  • Brendan Gaughan Non-Native race car driver, NASCAR 
  • Jason Giambi Non-Native baseball player 
  • Oscar Goodman Non-Native attorney defense attorney for mafia figures, Mayor of Las Vegas
  • Mikalah Gordon Native  American Idol contestant
  • Hank Greenspun Non-Native Newspaper publisher newspaper publisher and land developer
  • Matthew Gray Gubler Native Actor
  • Lonnie Hammargren Non-Native doctor, politician 
  • Carey Hart Native Pro Bmx Dirt Rider, motorcycle stunt rider 
  • Clint Holmes Non-Native singer, songwriter 
  • Roy Uwe Ludwig Horn Non-Native entertainer Siegfried & Roy
  • Howard Hughes Non-Native  billionaire casino owner and land developer
  • Jenna Jameson Native porn star
  • Corinna Harney Jones Non-Native actress Playboy playmate
  • Morris R. Jeppson Non-Native Second Lieutenant Enola Gay bombing of Hiroshima
  • Gladys Knight Non-Native singer, actress 
  • Jimmy Kimmel Non-Native comedian Jimmy Kimmel Live
  • Meyer Lansky Non-Native  mobster financier
  • Peter Lawford Non-Native actor The Rat Pack
  • Robin Leach Non-Native writer TV show host
  • Jerry Lewis Non-Native entertainer 
  • Liberace Non-Native entertainer 
  • Larry Johnson Non-Native basketball player, NBA
  • Stephanie Louden Native golfer, LPGA
  • Greg Maddux Native pitcher, Major League Baseball
  • Shawn Marion Non-Native forward, National Basketball Association played for UNLV
  • Dean Martin Non-Native singer and entertainer The Rat Pack
  • Angela Melini Non-Native actress, model, Playboy Playmate, entrepreneur
  • Pat Morita Non-Native actor
  • Vince Neil Non-Native singer Mötley Crüe
  • Wayne Newton Non-Native singer
  • Paige O’Hara Non-Native actress 
  • Elvis Presley Non-Native singer 
  • Debbie Reynolds Non-Native entertainer 
  • Sig Rogich Non-Native political consultant founder of R&R Advertising
  • Stephanie Romanov Native actress
  • Kevin Rose Native actor founder of & Rev 3
  • Frank Rosenthal Non-Native sports handicapper, casino manager 
  • Jay Sarno Non-Native developer Caesars Palace and Circus Circus
  • Adam Seward Native football player
  • Bugsy Siegel Non-Native mobster developer of the Flamingo
  • Frank Sinatra Non-Native singer The Rat Pack
  • Anthony Spilotro Non-Native Mafia enforcer
  • Shannon Stewart Non-Native model, Playboy Playmate
  • Mark Stoermer Native musician The Killers
  • Bob Stupak Non-Native Casino developer Stratosphere, Vegas World
  • Jerry Tarkanian Non-Native Basketball coach former UNLV Men’s Basketball Head Coach
  • Brian Thornton Non-Native developer of DoubleClick technology company, technology advocate
  • Robert Urich Non-Native actor television actor (Vega$)
  • Ronnie Vannucci Native musician The Killers
  • Del Webb Non-Native developer 
  • James Ronald Whitney Native film and television director
  • Don White Non-Native real estate developer 
  • Steve Wynn Non-Native developer The Mirage, Treasure Island, Bellagio and Wynn Las Vegas
  • Barry Zito Native baseball player 

The lists could go on and on but that’s all for now.


Too Close For Comfort

June 29, 2008


Pictures from my balcony deck

I was standing on my deck overlooking the mountains when a small plane, a Piper-Cherokee, came in over the tree tops not 100 feet away from my house.  It was apparent that they were attempting to make an emergency landing. If they had been able to travel another 300 feet they might have made it to the Mary Jane Falls trail parking area, but the left wing hit an electrical pole and that pulled the plane left and down into the ground and it exploded instantly.  Fuel went into the air and started fires over a hundred feet from the crash site.  By the time a fire truck was on the scene many more were needed and it got out of control quickly.  Metro police didn’t arrive until much later, and there was chaos everywhere with tourists running through the woods right next to the fire.  The plane was completely charred and almost unrecognizable. The heat from the fire was oppressive and I could feel the intensity over 300 feet away.  I watched as 90ft. pine trees went up as if they were doused in gasoline.  

It is apparent we are not prepared as well as we should be up here in Mt. Charleston on the weekends with the large increase in visitors and no local authorities patrolling. I gave up complaining at town meetings years ago.  Nothing was ever done because there were too many entities that thought the other ones should be responsible, so essentially no one did anything. The Forest Service, the Metropolitan police, the State Parks person, the Mt. Charleston committee, the Clark County Commissioners..etc. (Get the idea?) In the snows of winter, utter chaos ensues. Why?-No patrols.  In the summer, an overload from the Vegas valley below.  Families will pull into vacant houses and use them as if they were their own, setting up a barbeque and using the outdoor patio, tables and chairs.  If we neighbors didn’t police ourselves no one would. 

Eventually, we were told to evacuate the scene at approximately 6pm and I left rather than chance the possibility of smoke inhalation if the wind had shifted in the night.  There were no survivors of the four people in the plane. 

Only in Nevada do we allow unpatrolled large recreational acreage that is also extremely fragile and extreme fire hazards as well.  Only in Nevada do we allow the sale of fireworks in a dry desert on the week preceding July 4th, and allow airspace above impossible terrain to maintain, to be used by anyone that can fly a plane.  This one came within a hundred feet to have destroyed my home and many others around me.  So where’s our protection?  You can’t smoke in a bar without the health police fining the establishment, but you can destroy an entire fragile environment with the government’s blessing.  It’s a wayward cowboy mentality.  Use it, abuse it, and the hell with anyone else.  If there was a single desert tortoise involved, holy hell would break loose and there would be a bevy of BLM busybodies bitching and bellowing.

Ah yes, the twisted contemporary attitude of the New West.

 Permission to reproduce is granted for any media as long as source and author is provided.



“Why Didn’t They Build It On The F…. Sun?”

June 18, 2008

  We now have an energy crisis beyond any proportion in our American history.  It’s really our fault.  We sat on our collective asses and let our government allow the contributors to their campaigns make hundreds of billions of dollars while eliminating subsidies for alternative energy over a decade ago.  We have the ability to eliminate oil as a primary fuel within five years if we force our government to invest in our country instead of telling us about “free market” forces until we all choke from coal plants and have to do our banking at the Saudi Branch Bank on the corner of Main Street and Far East Avenue.  The Hoover Dam was build by the government during one of the worst economic times we’ve ever seen.  It provides an enormous amount of power, imagine that concept with solar mirrors and windmills.

 Public projects such as roads, bridges, and power plants gave this country the ability to prosper and grow.  We here in the Southwest have more solar emittance than anywhere else in this country.  If you don’t believe that, come out to Vegas in August and see for yourself.  The title line of this blog comes from the movie “Fools Rush In,” and there are days in the summer that question is heard from anyone venturing out for a walk on the Strip.

There is no viable reason for our government to not put together an energy policy and participate in solar, goethermal, and wind resources here in Nevada.  The Bureau of Land Management owns over 75% of the land in the State of Nevada and the military uses millions of acres as well.  The time for rhetoric about privatizing is over.  The regime in Washington is more concerned with Yucca Mountain than it is building breeder reactors to use the resources of the tons of fuel they would bury for 250,000 years.  France has been using breeder reactors for many years and it is only our paranoia that the byproduct of the process-plutonium-is a crucial element in nuclear bombs and (God only knows how) might be stolen and used to make one.  Never mind if one wants plutonium from a nuclear energy facility in a civilized country they would have a better chance of stopping the earth’s rotation.  People now drive to Mexico from San Diego to buy gas at half the price because the government subsidizes and runs the oil business.  That is not even what I am asking you to ponder-just get the government to begin to put plans and efforts in place to use what has been given to us as an unlimited free resource.  It is in our scope of national security.

There are answers, there is hope, but only we can make that a reality by demanding it.  The sun shines on Las Vegas and the rest of Nevada-start using the gifts we been given and get this parasitic government to do what it is supposed to-our will!  If we do, the resulting power will eventually cut off all money flowing to foreign countries for energy resources-and that without the shell game of opening up drilling that the politicians are already counting on to increase the flow of money in their pockets.  Of course now we have no choice, they have to drill offshore, but do you think that’s going to lower the price of oil substantially?  It will not happen.

There’s just no excuse not to act as you-Mr. and Ms. John Q. Public are paying through your noses because you have not spoken up and allowed this all to happen as your comfortable existence wasn’t disturbed.  All that’s changed now-are you ready to deal with it?

Feel free to copy and post wherever you like, just include sourcing and author.



June 15, 2008

I decided to show some views from my balcony that I shot at 6 am in the morning.  I am so lucky to have these gifts, and I’m only 40 minutes from Las Vegas.