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An old Cherokee is teaching his grandson about life. "A fight is going on inside me," he said to the boy.

"It is a terrible fight and it is between two wolves. One is evil—he is anger, envy, sorrow, regret, greed, arrogance, self-pity, guilt, resentment, inferiority, lies, false pride, superiority, and ego." He continued, "The other is good—he is joy, peace, love, hope, serenity, humility, kindness, benevolence, empathy, generosity, truth, compassion, and faith. The same fight is going on inside you—and inside every other person, too."

The grandson thought about it for a minute and then asked his grandfather, "Which wolf will win?"

The old Cherokee simply replied, "The one you feed."

First People - The Legends. Cherokee Legend of Two Wolves. November 16, 2004. [accessed April 7, 2012].

Monday, February 06, 2012

How about we gamble on a "Savings Lottery" while we are on a roll in Prince George's County

               We are so busy here in Prince George's County, Maryland racing to see of the rest of the state by means of a referendum feels that we should be the lucky winners of a casino that we probably do not have time to consider another form of gambling that might benefit many of us directly and personally.  According to a blog post by Clark Howard in April of last year, pp in the Mid West, lands of the Great Lakes "credit unions have joined together under an initiative called Save To Win.  This programs allows you to open a savings account for $25, and that essentially buys you one "lottery ticket" for a monthly drawing of anywhere from $125 to $1,000. Every $25 you deposit is another entry to win."[1]

               How come our privileged elite has not come up with this idea? Could it be that gaming's two biggest winners are government and the developer/operator coalition? If gaming, gamble and casinos are such a great idea, couldn't we expand the concept to one that directly impacts the individual? Do you want to make a bet that the very same people who are for gambling would be against this savings lottery version of the same activity? Gambling interests are the interests of a few, and gambling will produce4 a few jobs while generating large tax revenues. Saving lotteries on the other hands would benefit everyone who saves and you can bet on a big opposition from the privileged few to any idea that helps the many directly cutting out the middle man.

"Your initial $25 deposit also enters you to win an annual jackpot of $100,000. (Your entries into the game of chance are capped at 10 per month, based on the amount you deposit.) But no matter whether you win or lose, you get to keep all the money you've deposited, plus any interest. In a single year, over 16,000 Michigan residents who had not been savers opened new accounts because of the jackpot lure. They saved $28 million collectively that otherwise might not have been saved, according to the latest numbers I've seen."[2]

               Prince George's County needs creative novel ideas that benefit all of us.. Casinos in National Harbor will help bring outside money to the county; casinos will be an additional attraction helping to make National Harbor the choice for meetings and conventions. But let's be clear. As I have previously written  "...the slots industry, when established  in Prince George's County, would create an impressive 3,866 jobs in the county. ..[at a] wage of $12,491 per year."[3] Maybe the self interested few while they are on a roll could take some time to create a winning gamble and look into "Savings Lotteries" while they are on a roll    

[1] Credit unions offer combination savings account and lottery ticket option. April 20, 2011 [accessed February 6,2012]
[2] ibid.
[3] Thompson. Gambling & Politics: Anonymous Prince George's Comments. January 23, 2012 [accessed February 6, 2012]

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