If ECONOMY is so Fucken Bad..What the hell is this all about???
 

Station Casinos owners Lorenzo Fertitta, left, and brother Frank explain their vision Tuesday for Viva, which, at $10 billion, would become the most expensive casino complex ever built.

http://www.lasvegassun.com/news/2008...st-being-best/

Recession is never bad for everyone. Alot of people get rich during troubled economic times. Looks crazy though.

because no matter what the fuck the economy does, the rich dont feel it.

sales of new cars are WAY down, but not for Lexus.

Wow,that will be one hell of a complex.I guess people will always have enough to gamble with

Fertitta = Legends

Those dudes bought the UFC at a discount for 2 Million USD - I think they have enough $$$ and profit to do that kinda crazy stuff these days

:1orglaugh

Lexus passenger cars reported March sales of 14,881 units, a decrease of 11.6 percent from March 2007.

Source: http://www.autospies.com/news/Toyota...own-6-9-28226/

Damn, that looks fucking awesome.

also they dont just figure today they are figuring years down the road.

Don't come with dollars in Europe you will feel poor :mad:

Leave it to the Fertitta's! Owners of UFC and a huge part of Vegas.

My local Dodge dealer told me they are planning on marking the new Challenger $20k over MSRP.

I still have a 30 minute wait when I take people out to dinner during the week.

If there is a recession around here, it sure doesn't show . . . except I might get the detailer to knock $20 off when he does my car.

see, this is what i get for taking a lexus salesman at his word.

usually i dont believe those dudes.

my bad.

These guys are investing in the future. By the time thier Casino is built, we will have a new president/congress and uncle ben will have reduced inerest rate by another quarter percentage.

There is a dream.

As already pointed out - Lexus is in the dumper. It's the high end stuff that isn't going down (and Lexus is anything but high end). Here's the point you were trying to make - There is a 3 year wait for a Convertible Rolls Royce Phantom. Tiffanys has seen +7% sales on jewelery over $100k, but has seen huge drops in sales in the $1k-$25k jewelery. The rich are feeling it. It's the Super rich that aren't.

Good point. :thumbsup

Recessions are often worse in some areas compared to others. If you live in an smaller, less populated, area that is primarily blue collar workers and the local economy is dependent on these workers it could get hit bad. People lose their jobs and it has a direct effect on the local economy. If you live in a large city with a diversity of industry it may not have that much of an effect. It can also be almost local. For example the city I live in has a lot of houses for sale and the property values have actually gone down over the last 12 months (the first time in a long time that has happened) But you drive 30 minutes north of where I live and property values are still going up and the real estate market is great. That may change, but for now the suburb areas are getting hit and not the actual city they surround.

that´s a fact.....

Im going to Mexico in 2 weeks, is that bad?

They're super rich so they can gamble on building something like that and see it work (or fail) over the long term. Since the economy is weak, they can probably get reduced rates for construction too.

Just insane!

Drinking and gambling go up during a recession. People need to escape.

You know.. Get stoopid...

The richer you are, the richer you'll get...

I heard the Fed increased the money supply -- but when I looked at my bank balance it was the same! What the hell is that all about???

where's that refund we were promised? (That we will then have to pay back the next year...)

:1orglaugh:1orglaugh:1orglaugh

good point