I'm Back
 

Did you all miss me??? xxxxxxxx

You're funny. :D

I DID

I MOVED>>>>>>AM NOW LOCATED IN SUNNY LAS VEGAS......Weather is really nice........for now anyway.....

Welcome to vegas. You call the last 2 days sunny ?

Everday here has been beautiful so far as far as I am concerned.....

Tabs: so what're you doing out in Vegas, living wise I mean?

RAN Away from home
 

I have not worked for the past 13 years, I have done some substitute teaching here and there as part time work though...

I have a portfolio of stocks and fixed income investments that have provided me with a comfortable living....that is until the last 3 years........ in those 3 years I have had the fear of Gawd put into me....

LV does a number of things for me....1st it cuts my monthly expenses.....as I was able to take the equity out of my SO CAL house and buy an equally nice and bigger home than I had in CA for essentially cash......allthough I will carry a fairly large mortgage here at under 6% I have and will be able to invest the remainder of my proceeds into fixed income INVESTMENT grade prefered stocks, and corporate bonds at 7% to 8.125%. As interest rates move up I will be able to get an even better rate of return...while the mortgage remains the same...

2nd....by taking the pressure off my remaining liquid assets, hopefully in the next couple of years they will be able to rebound at a better rate than if I had remained in the same location.

3rd...This was a premptive move on my part........while I could remain in CA for and indefinate period of time....if the market didn't rebound for several more years......there might be a time when I was forced to sell the home I was in....at that time the housing market might have gone South on me...So I got out while the going was good... The state of CA doesn't look good financially wt a 37 Billion $ deficeit....a liberal state gov. and legislature.......meaning more and higher taxes....thus driving out business and slowing the state economy....

4th LV has 6000 people a month relocating here....with about 5 more years of growth...land & water available.....which helps diversify the local economy from just gambling and tourism.... which means that the appreciation on property will probably remain high long after CA's tops out.....I moved into an area with 16% appreciation for the last 2 years running....and the house I am in will probably do 20% in the next year...

5th NO state income tax, and lower cost of living.......

6th....was due for a change....I had lived in my CA home for nearly 13 years... wanted to go to a 1 story house.... get away from the congestion in SO CAL etc...

Over here I will probably find a job of some kind....I might even be able to achieve my career goal as a kid of being a mens room attendent... thats a joke BTW.

i think you just moved to LV because of the legalized prostitution.

It's legal over here? Whoa......do have the phone numbers of any especially talented ones????

I like your plan, tabs.
I guess as long as the gaming industry stays healthy, NV should be able to keep the tax load off it's citizens.

Never bet against the human proclivity towards vice & sin. Vegas will always be around.

That said, I was there in November '01 (post 9/11) and let me tell you, the place was a ghost town.

Everything was a ghost town right after 9/11.

I lived in Boulder City about 20 min out of Vegas and by, of course, Boulder Dam, er..ah..Hoover Dam. Forgot about him. Well, they still have the Boulder Dam Credit Union there. Had to work in Vegas much of the time because of the small town network lockout that they impose on newcomers in BC. I formulated a therory about LV while there. People generally don't relocate if all is well where they are. Las Vegas is the fastest growing city in the U.S. in most periods. Opportunity for employment is excellent upon arrival. So what you have is a bunch of people who weren't making it where they were and the bailed to LV. With the exception of the retired popuation, it shows. Never did I encounter more losers and plain outright dishonest people than I did in LV. I ran back to CA.

I found them....and now am paying the price....

No regrets...I hope.

watch the vultures of society pick the remaining flesh of the broken people

I know I heard this about Vegas a few years ago during one of my stays there.

I get to hang there fairly often and am always ready to leave.
Too much time on the wrong side of the tracks :rolleyes:

The key to Vegas and trouble is:

1) Bring your wife: she'll keep you out of trouble.

2) Don't bring your girlfriend: she'll get you into more trouble than if you didn't bring her at all.

3) Don't take a girl at all. It's sorta' like bringing sand to the beach. Trouble is subjective at that point. ;)

When your here you don't go to the tourist traps... I bin in a casino once for the buffet and havn't even put a nickle in a machine.....

I found the local NV, Utah, AZ developer, builder, lender, title insurance snakes....that have taken me out and shown me what Deliverence really means. I bought a Brand new house that has SEVERE construction defects, which they knew and din't disclose to me....FRAUD.....The biggest and best Construction Defect Attorney in the State is going to take my case on contingency....He says I have an awesome case with possible punitive damages....another attorney who couldn't take the case because she has to protect the interests of her current clients says slam dunk. Well I gave the builder a very short period to do whats right or go for it...my opinion is that there is no reasoning with a snake you just go for it.....

BTW it's a large builder, developer in LV...

Hmmm...

So I guess what 5axis says has merit.

Tabs: Ever read "The Cool Six Thousand" by James Ellroy.

Quite a good insight into Vegas, even if it is circa '63-64.

Other than population and taller/more casinos, I can't see how that much has changed.

Howard Hughs knew it, and so did Jimmy Hoffa. If you want to do straight up business in Las Vegas, then deal with the Mormons. As much as the town has changed it still feels very transient. The old mormon residents are well entrenched in the operations of the city.
The other stuff can be fun and sad too.

What....??
 

The truth of who is entenched in LV, has nothing to do with any religious affiliation. It has much more to do with the operatives of a long time organized crime group, once called the MAFIA. These desparados have since gone "legit" and now their heir to be's have become very sucessful businessmen, that have turned gambling into a huge business. Mormans......please...!!!

Let me tell you what, Curtis. The mormons hold a huge financial stake in LV. They own real estate, construction companies and businesses by the hundreds. They stay away from the gambling, but that isn't the only thing in town. There are well over a million people there that need the same things everyone else needs in the way of food, shelter and services. The gambling enterprises are held by huge Wall Street corporations. You better do your homework.

Welocme to Las Vegas.

Re: What....??
 

Funny isn't it. It goes way back to the very earliest days of Las Vegas.

BLM TIME
 

U mentioned Hoffa.. my cousins wife was his secratary...and as such testified before Congress and knew RFK...she took the 5th.. My Great Uncle knew those "Desperados"...outa Detroit and Chicago....his business partner in a Bowling Alley in Detroit was a member of the Purple Gang.... and when I was a kid I met a couple of those "desperados".... so I know the history of this place....

What makes anybody here think a good ole Mormon won't swindle you, the Lender who holds the mortgage is based in the Great City by the Salt Lake... The Mormons were the facilitators for the boyz back East... and 23% of this town is Mormon.

Heres what I notice so far, is that on every corner is a Walmart, Home Depot, Lowes, Target, Vons, Smith Food King or Albertsons market....meaning everything here is large chain...not many small business's... everything is Homogenous....Plastic...because most of the place is so new... Thats what I don't like..

YO Curtis...Tucson is where the Colombo family retired to... I was also told San Antinio Heights above Upland CA is home to East Coast retirees...

Tabs - if anything, you gotta' try Drais Steakhouse next door to The Flamingo.

Meat heaven!

OK Zeke...I'll do that. Just think if the Mormans holdings are what you describe, I would hate to imagine what the Catholics & Jews own. They started the place !!!

http://www.lasvegassun.com/sunbin/stories/archives/1998/oct/07/507836937.html

enjoy.

Well I was wrong about the 23%......Curtis as a primer U should watch the movie Casino...that will give you a very broad idea of how the "skim" worked, and how the Mormons and Mob guys interfaced. Just forget the actors and listen to the narrative.