Gambling is an evil. It lures one into the belief that luck will
come, Some becomes obsessed with such beliefs and will do anything
and everything to win, with no hard work necessary, at times, even
the cost of his own life as well as others.
Since the dawn of civilisation with Sumerians as the firsts
recorded ones, gambling had already been ingrained in all cultures.
Gambling is not and never a necessary evil, but a habit and a flaw
of humanity that has become natural in every known civilisation
throughout the course of human history.
No matter how enlightenment is attempted by mankind, gambling
persisted thru the ages. Kings, tyrants, depots, rulers and elected
govts had tried to eradicate it, but to no avail. It goes instead
underground, from the purview of authorities.
Singapore had achieve successes in social engineering attempts.
Please do not despise our country's foray into casinoes.
Although on the surface, it seems a necessary move to earn
revenue to our state for better social spending and fund
healthcare, there is an altruistic motive in finally, after years
of battling this social evil of gambling, to allow it to our
shores.
The altruistic motive is an attempt to wean off our society from
gambling, ironical as it may sound.
Despites years of bans, gambling has continued covertly, in dens
and jungle hideouts. Worse still, such operators have no qualms to
use brutality, torture and even murders to settle gambling
debts.
No one regulates them or have the power for total absolute
control over them. Our govt is not a totalitarian state, nor an
Orwellian 'big brother watching'. Enforcement is practically
unenforsable within dark unknown covans.
As such, many lives were ruined despite the huge sums of education
our society had spent on our young. Gambling is too ingrained in
the pysche of humanity.
Rather than to waste further lives, the govt had taken on a
practical and more proactive role to curb gambling - by building casinoes for die-hard
gamblers as well as to regulate the industry, to make it more safer
than hooligan type operators abounded with conmen and loan
sharks.
Part of much needed funds earned from casinoes will go towards
media outlets and controls to wean our citizens off gambling, such
advertisements, films, books, etc.
It is still too early to tell if we will achieve success, for
casinoes operations had not even started yet, but one thing for
sure is that at least our govt is giving attention to eradicate
gambling within our society, regulating it and over-time,
if we do not succeed with this generation, success may be found
in the next, performing what enlightened leaders of our past
history had failed to do.
Rather than to KBKP, do give it a chance. It is never too late to
stop casino operations should the social costs proves too high to
change mindsets. It's never too late to vote every 4 years.
----------------------
As for the current crises impact to our IR, our banks are
heavily capitalised to see it in full operations in 1 years time.
Even if banks do drop in their stock capitalisation, our govt is
ready to inject funds, for this will be a social project of utmost
importance.
With one stone, we may eradicate poverty with the potential
wealth casinoes may bring, as well as have enough leftover funds to
wipe the trait of gambling, or at least obsessive gambling, out of
our young and next generations mind.
Hard work, brains and perseverance is what it takes to have success
in life. Not gambling. A game or two is fine, but obsession will
only lead to suffering.
As gambling is a cultural habit, even the poor will gamble. So what
a recession? Would anyone believe a recession or even depression
will stop people from gambling? They may take a holiday or two, but
in time, die hard gamblers will be flocking back to casinoes,
provided of course, the casinoes measures up to their expectations
- a chance at luck.
But, the true 'lucky' ones will be the casino operators and the
banks who will reap huge returns on investments.
If anyone has a doubt of it being financed or failing, then
think again. Many investors had pulled out of investments. Their
money is sitting idle while they source for better returns. What
better returns than human needs?
All it needs is for our govt and banks not to panic. Thousands
of investors are salivating at the opportunity to own a piece of
our IR, even if Sands goes belly up, but then there's still his
personal fortune and his group's fortune set aside.
wah, so much gibberish, but thanks for bumping up
my thread.