Stop Predatory Gambling

Soaking the Lottery Class and the Investor Class

by spgadmin

Below is yet another example of the daily voice of government to most Americans, this time from the North Carolina “Education” Lottery.

Today, one out of five Americans believe the best way to achieve long-term financial security is to play the Lottery. The Lottery Class. Instead of encouraging citizens to save money to help lift them out of debt during these difficult times like government did during the Great Depression by promoting savings bonds, government instead incentivizes people to lose their money on virtually worthless gambling products.

And as a result of the government program of predatory gambling, all the people who don’t use the lottery or casinos (those who practice saving money for retirement and college funds for their kids – the Investor Class) are paying more in taxes and receiving less services.

The water theme in this ad is right on the mark because predatory gambling is soaking both the Lottery Class and the Investor Class. The only winners are the gambling operators themselves.