Media ignores obvious cause of "sudden" Atlantic City collapse

Billionaire Buffet's newspaper still refuses to report obvious on Atlantic City collapse. Four casinos are closing because new mayor, so adored by Christie and liberal media, is absolute disaster. When city tax base dropped 45% from $20 billion to $11billion, there was urgent need to cut city, county, and public school spending by same 45%. Instead, Guardian, with Christie's blessing refused to cut ANY spending, raised taxes 45%, and borrowed $100 million to guarantee big tax hikes forever. Yet all the privileged insiders are "shocked" that 4 casinos decided to cut their losses and bail out now. www.libertyandprosperity.org. http://www.pressofatlanticcity.com/news/breaking/trump-plaza-owners-confirm-plan-to-close-in-septemb...