Flowingly

"A mind stretched to a new idea can never go back to its original dimension"

Poor people gamble three times more money than better-off people

with one comment

That’s in America, poor meaning under $10,000 annual revenue per household, well-off meaning over $50.000 annually. Saw it on a Viasat program about instincts, found a bit more here:

  • The report found gambling enterprises in the US were as common as fast food outlets as Americans splurged $600 billion a year on gambling, more than on cars or groceries.
  • The report found that 5.4 million Americans were pathological or problem gamblers, half of whom were youths, [..] more than 15 million Americans were considered at-risk gamblers, meaning they have high potential of becoming problem gamblers.
  • “In addition to the working poor, many elderly Americans fall into the low-income categories,” Senator Wolf said. “The casinos and riverboats and video parlours and even the State-sponsored lotteries have become the predators of our society, preying on those most vulnerable.”

Uneducated people may need leaders, but not leaders that exploit and keep them stupid.

Scaming uneducated people is like drug raping a woman or the luring of a kid by a pedophile. But it’s economiks. It doesn’t apply. I found out this, and it explains A LOT about it.

Written by flowingly

May 18, 2007 at 11:24

One Response

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  1. yeah..agree with you..
    last time i used to lost 40k in gambling last year actually..
    i think back that im using my future money for gambling purposes..
    today im a free man, i stop by early this year..

    http://xbrain.wordpress.com

    xbrain

    May 18, 2007 at 11:44


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