tv Inside Story ABC July 27, 2014 11:30am-12:01pm EDT
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>> a new plan said it will bring more revenue and invest into atlantic city, is it the ticket? let's get the inside story. good morning, i'm tamala edwards. welcome to inside story, we're legally covered this morning when it comes to the panel. let's intriewz -- introduce you, first up, law professor, jan ting. , nelson diaz, former judge, ajay raju and ed turzanski. the prospect that four casinos could be closed taking 9,000 jobs that's a third of jobs in atlantic city and moody saying because of everything going on they are downgrade the bond
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status to junk bond status. the president of new jersey senate came up with an idea, for so long they wanted atlantic city to have gambling. he said, fine, let's put a casino in the meadowlands. we'll get a board of leaders to decide what to do with the money who to sell it to, don't give i meant to government, give it to business leaders, is this a good plan? the irony is it will make the competition worse in exchange for cash payments. the other irony is north jersey fought hammer and tongue to make sure it was locked in atlantic city and never seeped out into the rest of the state. it's a dramatic change, but this
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is a desperation move, i think something has to be done for atlantic city and you've got to do something. >> one of the things he said we've got to get away from a casino town with a beach, to being a resort town that has casino. >> they could bring in noncasino hotels is that a good idea? >> we've never made atlantic city a destination city. saturday you have hotels and everything else is poor and seedy. a lot of people don't want to spend anytime when they get out of that situation. if you're going to gamble, you can go nirl to gamble. -- any place to gamble. put in something that's family friendly. put a roller coaster in it, make something that attractions the
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institution. >> so many families have tradition where they go, if you go to long beach island or cape may, could you do something to reroute something to atlantic city. le. >> i think nelson is spot on, if you make it more than a gambling destination, restaurant and food and other activities as vegas has done, 30 to 35% of vegas' revenues come from gambling. in atlantic city, it used to be 71 now it's 71% coming from gambling. you have injection additional diversity of reasons why you want to go to atlantic city, it doesn't have to be a family destination, but it can be a live entertainment destination, fantastic place for food and retail. if you took the vegas model you wouldn't have to worry about competing with other states that have gambling. >> what would the percentage have to be coming out of the
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meadowlands, what percent of the money would make this viable. >> tam you put your firng on something that is -- finger that's very important and it almost gets lost in the discussion. there are considerable moral hazard arrested problems that rest in building your company based on gambling. first of all the revenue goes down overtime because more people get involved. second it makings you lazy, you don't look at the other aspects that ajay and nelson referenced in terms of developing something wholesome and attract the broader cross section of the public. >> what atlantic city did, they didn't reinvest in these properties. people in entertainment, you want refurbished. >> but the rebel is proof you can have the brand new thing on the block and it may not work.
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>> they had a 20 year head start in that 20 years, what do they bring, they bring this massive another gambling institution without any remedy for opportunities. >> let's look at two big problems. >> they are saying that richard stockton college is looking at a revel. could is he turn it into a university town and change the face of what atlantic city is? >> but, again, you've got to be very careful not -- i'll use a gambling reference put all your chips on one idea. if that's part of a broad-based program -- >> i don't think i meant has enough constituency to support enrollment to have an university model in an area that's already depressed. >> in summery here's two problems with gambling based economies, first of all, governments get in trouble because they start presuming a
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revenue base that's definitely going to decline overtime. and second they stop thinking about broad based economic development that creates a destination for a cross section of the public that's not just in new jersey and pennsylvania, but it is going to come nationally, they keep on asking the question, why the people go in the desert in vegas, they won't come to the beach and the beauties of atlantic city. they are cachet of interest in different. >> speaking of whether or not to keep adding to casino gambling the sugarhouse is saying it's going forward with a 164 million-dollar companion, the ceo saying it's a hard time for gambling in the northeast, but we made a promise we are going to add more table games and parlor games you'll get into the parking lot to the games faster, is this a promise he should have kept or left things as they were.
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>> they took $3 billion away from will also, already. this is -- from atlantic city already. this is opportunity to be an attraction. le there's only one casino in philadelphia. until the second casino gets built he has a monopoly generally. this is the only time he can invest and get his money back. >> he is trying to preempt that second casino, trying to take a big enough market share to demonstrate there's no room in philadelphia for another casino. it's really a life and death issue for sugarhouse. >> we just criticized atlantic city for not investing and having a long term range plan and nelson mentioned 2.6 billion was the revenue now it's down in 2013. that money has gone somewhere. it has gone to surrounding and neighboring casinos. you double down on investment add the retail, add the other
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amenities, continue to keep it safe you're investment pays off. >> you can be the biggest as long as your the only. >> and that's looking like it may not be the case not just here, but elsewhere in the state. philadelphia schools came up with the school redesign initiative of we have no money to do what we need to do, but let's talk about this. there's a possibility that ten different proposals that could be put on the table that could get money where they also you could redesign -- they say you could edesign a school. if they like your proposal, they will get the donation and the cigarette tax will it happen? >> it's great for people to talk about the issues, there are a lot of good models that exist that could borrowed.
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kahn economies, -- academic. public schools are not all equal. that's the problem, we have 6300 per student there. they got 23,000 per student in lower merion that's not equal. >> what we're asking, teachers are doing all they can to make it through the school year, you're asking them to come forward, teachers, university imroops come up -- groups come up with the ideas, you don't know you have the funding, is it fair for them to do it? >> it's a desperate move for desperate times. they are asking teachers to take on additional challenges uncompensated, but you know maybe something will come out of it. we need to do something, we need to keep stirring the pot to make
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something happen in the schools. >> speaking of stirring the pot, jay paterno is back in the news suing penn state saying with everything that went on when he was let go, when they brought in the new coach and he left and was fired, they claim that he was agreed to go, but he said he was fired and that created a stigma he cannot get another job, he is suing for emotional damages, lost wages, any chance, i'm asking one nonlawyer, do you think he'll go anywhere or wasting his time here. >> you're asking me if i was on the jury? >> yes. >> i suggest he have some modicum of respect for his father in the past to go away. he got to where he got because of the familial connection that's gone away, that's not unusual. it's seemly. it looks bad. it's ashame. >> even a nonlawyer knows this
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case is going anywhere. >> i know a little bit more built law than i let on. >> is there any idea for person state to come up with a deal because it keeps bringing your attention back to what happened or not really. >> it could open up other copycat issues. they have good competent counsel, they are good lawyers they would not before it it up, i would not dismiss it off handle, it could end up in a settlement, but they have a right to claim their grievance they feel that their family name was tarnished and there's a valid argument there. i don't know that there was credible evidence that joe pa had anything to do with it, but his name was tarnished before he died. his son who is angry -- there's the court of law and the court of public opinion. in this particular case he is
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part of a business that's built on entertainment. >> it's a hard journey for a son who else father's name has been -- whose father name has been tarnished. >> let's talk about chris christie he is the head of the republican governors association. it's his job to talk about republican candidates. but he is not willing to go into the new york state and help the west chester county executive who is almost 40 points behind cuomo. he said i'm not paying for landslides we're not going in there for something that we know is not going to happen. is this the right call when the guy is in your backyard. >> here's the problem, his inner dialogue escaped again. of course he should not go there, because it's a waste of time of money. you can't speak those words. >> he called it a lost cause.
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>> it's not fair to the candidates to your party in new york. how do you ever get people to take on tough races. it's a bad bad practice. >> he is a price tag ma 'tis. and -- price pra "g.m.a." tist >> reporter: christie is in crowbl -- in trouble with people he thought he gave cover to obama. why aren't you defending our republican guys. >> you have to make sure that the target is big and the people taking the shot are snipers, if if his job to be head of the republican party and support our candidates. you look at the target, he is doing the smart thing, he has an
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alliance with cuomo, we know that. else doing that what is right, the inner dialogue escaped. he should not have explained why he wasn't doing it. >> when he went to connecticut he was met with protesters from newtown, there was a bill he vo today that would have limited magazine capacity, he said the issue was mental health. he didn't want to engage, it was a moment tear thing or is this issue going to follow him around in 2016? >> the question is whether or not he is going to get into this race eventually. >> he's getting in. >> is this the issue that comes back. >> i don't think, let me finish my thought, i don't think that based on on what had been happening to him, one, the cuomo, the republican issue, now the gun issue, as he continues
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to hit gains the republican ideology, i don't see how with the polling going down, the polling going down, he is going to be in a race that's going to lose. >> farley dicken son looked at him. he has been sitting at 44%, it's not good, but it's not terrible. does that give him the imp tuls to keep going? >> he was higher in january that's now. if you're running for president of the united states you ought to have some popular majority support in your home state, christie doesn't have that. else desperate to get out there and do some things and use that position -- >> i disagree, the best thing that happened to christy is the passage of time. people have had fatigue and the
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other shot even if they had valid arguments over chris christie have overplayed their hand. with his personality he'll rise when the polls begin. do i think some of the criticism against christy are valid, absolutely, but else good oh owe but he is very good at spinning his personality. >> bridgegate will come back. >> people will say i already heard this. >> it won't be a referendum on chris christie, it will be an election, he'll is opponents and that will give him an opportunity to win back some support. >> i would love to hear, but we have to take a break and
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>> welcome back to inside story, i'm tamala edwards. we're going to start with you ed on this next topic, because this is your wheelhouse. pat toomey went on tv talking about everything that went on with flight 17 saying it's clear putin is pushing us as far s.e.c. go when you see -- as he can go, when you see what's done with the bodies, it's time to make him a pariah, but we've done sanctions with the european
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nations, what more can be done with half of europe on the hook for russian natural gas and financial infusion. >> reporter: the european economy is so intertwined with the russians, the oil and natural gas dependcy -- depend dependency. get the keystone oil and gas pipeline. he realizes he only has as much time to push his advantage because the united states is not pushing back in a meaningful way. the germantown are a key, angela merkel is having a hard time listening to her businesses
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saying wait a minute that's two out of three german jobs. >> she also doing it by herself with nobody in europe being as hard line as she is. >> more would like to be but they would like to see practical leadership from the united states. we've decided from the white house that there are issues that we won't be involved in, and guess what, a majority of american public likes it that way, except when things like this happen. we don't like the scene in the mirror. >> pat toomey is right, nobody wants to go to war in a county that most americans have never heard of, but i think the dangers of war can be reduced by taking a harder line against putin, you reduce the risk of war by making clear you're not going the put up with this behavior and the alternative of encouraging putin to achieve success with his actions is increase the risks of war, so toomey is right. >> one of two issues is war
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fatigue, all of including the president who made promise and hadn't totally delivered yet. secondly there's larveg lack of trust by european countries in terms of of spying, there's a little of hesitancy of you spying or i don't know friends, i don't think the relationships are as strong as they have been in the past. >> what about, ed, 20% is down, you have russia and the wealth is evaporating, because you have sanctions and others are closing in on putin at least as an economic pariah. don't you think if we continue with that pressure, internally he'll have enough problems he'll have to stop. >> the others who benefit depend on him, he put them in he can take them out.
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sort of like the godfather. with that said, yes, jan made the point very well, if we ramp up that pressure, he will start to buckle, but it has to be immediately and it has to be multifaceted. >> isn't that an and credibly long range plan if you do it, we're talking about time. >> if the president said we're buildings keystone xl we're pumping natural gas to europe, putin would take notice right away. >> rick merry -- perry is sending 1,000 national guard troops to the border, will this put perry back in play for 2016. with other people not knowing what to do, he said i'm going to do something, was it a good moment for him or a flash in the pan. >> i don't think they can can't
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do anything but sand there, i think it's another show -- but does he get point. >> but it's the politics of appearance. >> one of perry's problems he is preserved as soft on immigration, he needs to do something about that, this is a political gesture that will solve that particular problem with him. >>
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>> welcome back to inside story, i'm tamala edwards. time now for our insiders inside stories of the week, jan we'll start with you. >> the obama administration is floating a trial balloon on how to deal with the immigration crisis they are proposing to send american adjudicator to the honduras and flying them to the united states that way they won't have to make the dangerous trip. it's crazy, if we are concerned about young people we ought to
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be taking them from gaza and syria, we're not. >> the incoming classes is 32% people of color at temple, 11% african-american, 6.3% latinos. it's an accomplishment despite the fact that supreme court has stopped affirmative action. >> competing protests one for israel and palestinian. here's the truth, hamas is the aggressor and oppressor. they launched a war and broken two cease fires and fired two thousand missels at civilians and that are using human shields. >> we're about to enter the golden era in philadelphia. $8 billion of real estate development around philadelphia, drexel, comcast, innovation building et cetera.
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largest population growth among millennials in philadelphia. when you look at all the great things are happening in philadelphia, only people who don't believe we're doing great things are philadelphians. nice to live in our city. >> nice to end on a high note. thank are for joining us, we'll see you back here next sunday. >> i'm nydia han along with eva pilgrim. coming up next on "action news," police release new details on a violent spree in delaware county that left a child dead and a woman fighting for her life, we'll be live with the latest. >> thousands hit the road on two wheels to give kids a better life. those stories and the life. those stoall the chicken in your grocery store
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