the city of las vegas is experiencing a 'hiring freeze' right now. interesting. people won't come out and say they're afraid for their jobs, but you can sense the trepidation when you talk to the human resources people or the executive chefs. it's bizarre when things people don't completely understand begin to affect their pocketbooks. everybody who never had a theory or idea about the stock market is suddenly an expert, average guys like me have taken a crash course in market basics from the television. can someone please get jim kramer some medication? i hear he's always like that. sheesh. i'm so fortunate to own property with my mother, who also just went on social security. otherwise, i'd be out on the street or bankrupting her. or selling everything i own to make another poker bankroll.
i haven't had a proper job for two years. i'm working at the school right now, but it's more of an internship. with the student loans and the loan i borrowed from my family i'm in debt for nearly $100k. and the sky is falling on the market, so corporations just aren't hiring. the stock for mgm/mirage is down more than 75%. the stock for boyd gaming, vegas' oldest remaining gaming and casino corporation, is down nearly 50%. gaming revenue has fallen for two straight months in las vegas for only the second time in 35 years.
i have three step-sisters on my father's side, and four step-siblings on my mother's side, both from their second marriages. four of the seven total in my generation have lost their jobs over the past 4 months. none of them own property or have poker skills, either. my parents and their spouses are all financially set, but they are astounded at the financial hardships all their kids are experiencing. egads. anyway, the smart money is investing in companies like mgm/mirage right now, banking on the long-term future, and paying 20 cents on the dollar for stock.
strangely enough, people still teem to the poker table to lose their money at record pace. the games have become a little more loose and crazy, which is good. it just means i win bigger pots. occasionally i lose a big one because more people stayed in than should have, and one dipstick hit his card on the river, when he should have folded. but that's always part of the game.
i haven't had a proper job for two years. i'm working at the school right now, but it's more of an internship. with the student loans and the loan i borrowed from my family i'm in debt for nearly $100k. and the sky is falling on the market, so corporations just aren't hiring. the stock for mgm/mirage is down more than 75%. the stock for boyd gaming, vegas' oldest remaining gaming and casino corporation, is down nearly 50%. gaming revenue has fallen for two straight months in las vegas for only the second time in 35 years.
i have three step-sisters on my father's side, and four step-siblings on my mother's side, both from their second marriages. four of the seven total in my generation have lost their jobs over the past 4 months. none of them own property or have poker skills, either. my parents and their spouses are all financially set, but they are astounded at the financial hardships all their kids are experiencing. egads. anyway, the smart money is investing in companies like mgm/mirage right now, banking on the long-term future, and paying 20 cents on the dollar for stock.
strangely enough, people still teem to the poker table to lose their money at record pace. the games have become a little more loose and crazy, which is good. it just means i win bigger pots. occasionally i lose a big one because more people stayed in than should have, and one dipstick hit his card on the river, when he should have folded. but that's always part of the game.
VIEW 3 of 3 COMMENTS
eisenheim:
its the perfect time to buy a lot of things....if i had money!!!! grrrface
violetred:
wish i could play poker. damn. 