Should we even bother saving AC?

From the APP:

Icahn: Union got Taj Mahal workers to kill own jobs

Billionaire investor Carl Icahn wrote a letter Thursday to the soon-to-be unemployed workers of the Trump Taj Mahal casino, accusing their union of inciting them to destroy their own jobs by participating in the longest strike by Atlantic City’s main casino workers union.

Icahn told the workers that officials of Local 54 of the UNITE HERE union knew that the company had made its final offer, but rejected it anyway, knowing a strike would result.

The union has been on strike since July 1. The central issue has been restoration of health insurance and pension benefits that the previous owners got a bankruptcy court judge to terminate in October 2014.

Icahn said the company’s final offer to restore health care, albeit at a lower level than what workers at Atlantic City’s other seven casinos, was negotiated with union President Bob McDevitt.

“Why have they incited you, the union workers at the Taj, to destroy your jobs and your livelihood rather than accept the prior offer that we made at McDevitt’s suggestion?” Icahn wrote in the letter that was posted on his website.

Icahn told The Associated Press on Wednesday that he has lost nearly $100 million on the Taj Mahal over the past 18 months.

“It is one thing to fund losses when a path to profitability exists,” he wrote in Thursday’s letter. “But to burn tens of millions of dollars when there is no hope is just foolish. The strike has been the latest and final nail.”

McDevitt said Icahn helped bleed the casino dry as its main lender before and during its most recent stay in bankruptcy.

Icahn announced the casino will shut down after Labor Day, but an exact date has not been set.

Nearly 3,000 workers will lose their jobs in what will become the fifth Atlantic City casino closure in two years.

On the Boardwalk outside the oceanfront casino Thursday, a small group of picketers chanted, “One day longer, one day stronger!” Inside the casino, the gambling floor was virtually deserted and nearly silent, except for piped-in music overhead.

Chuck Baker, a cook at the casino since the day it opened in 1990, said he and his co-workers will continue to protest outside the casino until it closes.

“It didn’t come as that great a surprise; they’re not making any money,” he said. “But nobody is ready to give in. We will be out here till the last day.”

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43 Responses to Should we even bother saving AC?

  1. grim says:

    From NJ101.5:

    Striking Taj Mahal workers now get to look in the mirror for the blame game

    Now that the owner of the Taj Mahal has announced that the Atlantic City casino will be closing its doors after Labor Day due to the longest strike in Atlantic City’s 38-year casino era.

    Now you’ve gone and done it. By “you,” I mean the casino workers who decided to strike because you could not reach an agreement with owner Carl Icahn over health benefits.

    The commitment was strong at the beginning, while you banged the drum 24-7 to the tune of solidarity on the strike line. After a while, maybe some of you started getting nervous because you weren’t getting paid. So you decide to take your rally to Trenton in an effort to get a bill passed that would allow striking workers to collect unemployment if the strike lasts more than 30 days.

    From the outset, it seemed to the Taj Mahal management that the union was hellbent on shutting down the doors of the casino by striking. Well, congratulations! If that was your goal, you apparently have succeeded!

    Now you don’t have to worry about the NJ legislature passing a bill to allow you to have unemployment benefits while you’re striking, now you can apply for them normally because you’re going to be out of a job!

  2. GOP's broken (the good one) says:

    @BetteMidler

    Protesters thrown out of Trump rally in Maine for holding up
    pocket-sized Constitutions.

    He’s going to read it one day & wants no spoilers!

  3. grim says:

    Is she the one who sung Wind Beneath My Bingo Wings?

  4. [2] Ironically, its Khan who needs to read the constitution. There are no constitutional rights bestowed on foreign nationals in foreign countries. If the US wants to exclude brown-eyed aliens from entering the country, for example, there are no constitutional rights empowering those excluded.

    Protesters thrown out of Trump rally in Maine for holding up
    pocket-sized Constitutions.

  5. GOP's broken (the good one) says:

    @Chrislhyes

    “You have sacrificed NOTHING.”

    — Khizr Khan, who’s son was killed in action,
    addressing Donald Trump.

  6. Sanitized(and clumsy) headline of the day (boo-hoo. We should probably give him a pass, right?):
    PICTURE EXCLUSIVE: Russell Square ‘knifeman’, 19, was ‘quiet, shy pupil who was bullied at his London school’ as victim is named as Florida professor’s wife who was due to fly home TODAY

    Shocker!
    Online postings show a man named Zak Bulhan is interested in Islamic study, and in another he pledges support to former Guantanamo Bay inmate Moazzam Begg

    http://www.dailymail.co.uk/news/article-3723832/I-don-t-know-s-luck-fate-s-miracle-woman-standing-perished-eyes-Israeli-holidaymaker-18-reveal-horror-Somali-Russell-Square-carnage.html

  7. Sanitized headline #2

    Man accused of Russell Square attack ‘tried to take his own life three times in the last six months’

    “We used to get really competitive over grades in maths and debate religion all the time.

    “He was a devout Muslim (Wh-wh-what??) and he would passionately defend it, but he respected my opinion too. Unless he was somehow brainwashed I don’t know how it could be the same guy.

    “He was a bit socially awkward but as far as I knew he didn’t have mental health problems.

    “He wasn’t the jock but he wasn’t the kid who ate glue at the back of the class. He just flew under the radar.”

    http://www.standard.co.uk/news/crime/man-accused-of-russell-square-attack-tried-to-take-his-own-life-three-times-in-the-last-six-months-a3312456.html

  8. 1987 Condo says:

    I’ll say 187,000 jobs

  9. Essex says:

    1. sounds about right.

  10. 1987 Condo says:

    Actual Jobs: 255,000 !!!!

    UE Rate: 4.9%

    Earnings up .3%

    Revisions, May and June up

  11. That jobs report should be good enough to have the S&P 500 close in the 2155-2175 range…just like every previous trading day going back to July 14th.

  12. The Great Pumpkin says:

    Boom! Great sign.

    1987 Condo says:
    August 5, 2016 at 8:30 am
    Actual Jobs: 255,000 !!!!

    UE Rate: 4.9%

    Earnings up .3%

    Revisions, May and June up

  13. Ben says:

    I think you’ve mentioned it before, but how does a district go around its negotiated pay scales to entice an experienced hire (such as your story)?

    Districts can place you anywhere on the salary scale that they want. They aim to place 1st year teachers at the bottom of the scale. New hires with experience usually need to be hired at a higher salary. Once you have been placed on the scale, that’s where you are and you get 1 step a year (unless your union negotiates step freezes). So, a new hire at Step 1 usually has 20 years to go until they get to max (the time varies from district to district). The max salary also varies from district to district. The lowest max I’ve seen was 85 and the highest is around 110. I believe West Windsor prevents new hires from coming in at a high salary by having a very low max but a longevity stipend for people 10, 15, and 20 years in. That’s mostly work of the union.

  14. ((((essex)))) says:

    Jobs Crush: We all get sick and we all go on vacation. Welcome to the New Economy.

  15. Juice Box (busy digging his own grave) says:

    Straight from one of the US hostages in Iran that they could not leave Iran until the plane with the money arrived.

    http://nypost.com/2016/08/05/hostage-we-waited-for-2nd-plane-to-land-in-iran-before-leaving/

  16. GOP's broken (the good one) says:

    @StephensWSJ
    Fox News’ dumbest anchor had a message for y’all: yahoo.com/hannity-t… via @Yahoo

    @SeanHannity
    If Hillary wins I will hold assholes like you accountable. You will be responsible for her Supreme ct selections..,,

  17. anon – I didn’t know you knew Sean Hannity.

  18. ((((essex)))) says:

    15. or not…..

    Trump had said at a rally on Wednesday that “Iran provided all of that footage, the tape, of taking” $400 million in cash from the US off a cargo plane.

    “They have a perfect tape, obviously done by a government camera, and the tape is of the people taking the money off the plane,” Trump said. “It’s a military tape. It’s a tape that was a perfect angle, nice and steady.”

    He also claimed the tape was “top secret.”

  19. The Great Pumpkin says:

    Almost time for “The Great Pumpkin.” Should be here within two years.

    “Then came the news that U.S. employers added a stronger-than-expected 255,000 jobs in July, showing broad-based hiring, wages climbing more than forecast and workers picking up more hours.”

  20. grim says:

    It would be hilarious if Trump leaked information from a security briefing.

  21. chicagofinance says:

    Washington DC news (combo JJ/clot Edition):

    FAIRFAX, Va. — A northern Virginia mayor is facing drug charges after police say he was arrested in a meth-for-sex sting.

    Fairfax County Police said in a statement Friday that investigators looking into a possible methamphetamine distributor made contact with a suspect who turned out to be Fairfax Mayor R. Scott Silverthorne through a website used to arrange sexual encounters between men.

    Police say Silverthorne indicated he could provide methamphetamine for sexual encounters and undercover detectives agreed to meet.

    Police say 50-year-old Silverthorne met the detectives at a hotel Thursday and was arrested after he gave them methamphetamine. Silverthorne, who is also a substitute teacher, is charged with felony distribution of methamphetamine and misdemeanor possession of drug paraphernalia.

    Police say detectives located Silverthorne’s two suppliers and they were also arrested and charged.

    Fairfax is located west of Washington.

  22. grim – I’m glad you said it first, because that was the first thing that came to my mind.

    It would be hilarious if Trump leaked information from a security briefing.

  23. What if they pepper Trump’s security briefings with phrases like “We anticipate only 20% of Muslim refugees will be radicalized after entering the US, but less than 5% will be infiltrating with standing terrorism plans.”

  24. Anon E. Moose, Second Coming of JJ says:

    Grim [21];

    It would be hilarious if Trump leaked information from a security briefing.

    Why wouldn’t he? Exactly how is Junta Jillary going to make an issue of it?

    If he did it would be about time someone who opposes the American left played the game as they do: no holes barred, destroy — not merely defeat — your enemy (not just adversary); and stopped the Republican tradition of trying to win by Marquees de Queensbury rules. Do as the left does, not as they say.

  25. 3b says:

    19 but the other day you said you agreed with 30 years short term assessment. So now your boom will be here in 2018. You continue to babble on and contradict yourself.

  26. Is that a club in SoHo?

    no holes barred

  27. If he was more flexible and could babble on and do other things to himself he would not be tempted by a keyboard.

    You continue to babble on and contradict yourself.

  28. The Great Pumpkin says:

    You clearly don’t understand. The other day I was talking about housing market. If you understood the gist of my predictions, you would understand the next 3 years are not boom years for the real estate market, that comes later. What you are seeing now is the job market and economy returning to health, which will soon result in wage inflation and inflationary pressures on pricing. This wage inflation along with job creation will provide the ammo for the largest segment of our population(millennials) to go on a huge spending spree in the 2020’s as they approach peaking spending years as they build and nurture their family. If you don’t understand what I’m talking about, don’t bash, just ask nicely and I’ll try to explain it to you.

    3b says:
    August 5, 2016 at 4:15 pm
    19 but the other day you said you agreed with 30 years short term assessment. So now your boom will be here in 2018. You continue to babble on and contradict you

  29. 3b says:

    29 you grasshopper are a moron! I knew this was going to be your response. So some good job numbers today means your predictions will come true in the 2020s . And if the report was bad today those predictions would still come true. You truly are amazing! And not in a good way!!

  30. Plumpsky – A prophet is never honored in his own country. Maybe its time to find a new audience on the internet who would revere and dote upon your predictions? If we had 10% inflation tomorrow you’d still be an idiot here.

    You clearly don’t understand. The other day I was talking about housing market. If you understood the gist of my predictions,

  31. Amerigeddon says:

    Chi (22)-

    So a guy does a little meth and smokes a bat once in a while…

  32. Amerigeddon says:

    stupid is forever stop feeding the troll

  33. Amerigeddon says:

    fairfax mayor just blowing off a little steam

  34. 3b says:

    31 pumps said he was leaving and came back in less then a week. I don’t post much any more but I will no longer respond to that simpletons posts.

  35. 3b says:

    33 see 35!

  36. The Great Pumpkin says:

    I called for wage inflation 2017/2018. Yes, today’s job report backs up my position. I stand by my position that you don’t understand what I’m talking about.

    3b says:
    August 5, 2016 at 5:22 pm
    29 you grasshopper are a moron! I knew this was going to be your response. So some good job numbers today means your predictions will come true in the 2020s . And if the report was bad today those predictions would still come true. You truly are amazing! And not in a good way!!

  37. The Great Pumpkin says:

    Stupid is continuously waking up everyday thinking today is the day Armageddon will arrive. I guess sooner or later you will be right.

    Amerigeddon says:
    August 5, 2016 at 6:52 pm
    stupid is forever stop feeding the troll

  38. Amerigeddon says:

    Recent Shrillary body count:

    1) Shawn Lucas, Sanders supporter who served papers to DNC on the Fraud Case (DOD August 2, 2016)

    2) Victor Thorn, Clinton author (and Holocaust denier, probably the least credible on this list) shot himself in an apparent suicide. Conspiracy theorists at Mystery Writers of America said some guys will do anything to sell books. (DOD August, 2016)

    3) Seth Conrad Rich, Democratic staffer, aged 27, apparently on his way to speak to the FBI about a case possibly involving the Clintons. The D.C. murder was not a robbery. (DOD July 8, 2016)

    4) John Ashe, UN official who allegedly crushed his own throat while lifting weights, because he watched too many James Bond films and wanted to try the move where the bad guy tries to…oh, never mind. “He was scheduled to testify against the Clintons and the Democrat Party.” (DOD June 22, 2016)

    5) Mike Flynn, the Big Government Editor for Breitbart News. Mike Flynn’s final article was published the day he died, “Clinton Cash: Bill, Hillary Created Their Own Chinese Foundation in 2014.” (DOD June 23, 2016)

    http://Www.zerohedge.com

  39. [39] If she makes it to the oval I’m sure about a half dozen more will need to be put down.

  40. Comrade Nom Deplume, the Deplumiest. says:

    [1] grim

    Right about now, how stupid is that guy who turned down a Yuuuuge pot of cash for his AC POS and won his eminent domain case to keep it?

  41. Comrade Nom Deplume, the Deplumiest. says:

    In a coffee shop in York, ME and we are seated next to Libturds doppelgänger. Dead ringer for Stu

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