Greg Hunter is a big fan of the ponies, and thinks that parimutuel gambling is a much better bet than any casino. He’s also convinced that the economic benefit of horse racing exceeds that of casinos- it’s a big boost to agriculture in his opinion.
He cites an article in the New York Times about the use of stem cells to heal an aging race horse as an indication of the spin-off benefits.
I’m not anti-gambling, but I do consider it a tax on stupid people. Anyone who wants to play cards with me, I’ll be happy to let you win 65% of your wager anytime.
Here is our broadcast for the day: