Numbers don’t lie
Mr. John DelRosario asked in his recent opinion column the question: What would be the gross revenue if the BGRT is at 5 percent and the government received $37,000,000.00. Well, math is such a perfect human development and invention. Also, numbers do not lie. The procedure is, we know what was the product of 5 percent of an unknown gross amount, by dividing $37,000,000.00 into part of whole of .05, the total gross revenue is $740,000,000.00.The proof: $740,000,000.00 X .05 = $37,000,000.00. $740,000,000.00 is a lot of money. Let us say that we change our mind and explore what 25 percent looks like. The same procedure applies: $740,000,000.00 X .25 = $185,000,000.00. What we have was a bad deal. And, we should start the conversion about all the BS (bad stuff), and GS (good stuff) concerning this industry. The CNMI people and its government were taken to the cleaners by unwise and poorly formed decisions by a few who were involved with the impregnation of the integrated casino industry on Saipan.
Francisco R. Agulto
Kanat Tabla
It was a disgrace and a great injustice that a certain group of local elites had allowed our government to be taken up as fools and to the cleaners. These are the monkeys in action who sold us for million of silver YUANS from the Great Wall republic. How to unravel such messy entanglement calls for the involvement of several honest non-greedy peoples’ participation. As it stands today, it is like conquering the abyss of the Marianas Trench because many of our current politicians have fallen into the crack deepest pocket. We should demand help from the FBI, while the shows are on-going and continues to grow as amendment will be deemed necessary to correct deficiencies to the badly crafted gambling discipline. There will be also another big headache coming up regarding the $7 billion mega resort development project; that will be 7 years from today when we can talking….
The issue needed polished maturity which is missing when replaced by greed and easy sway into the nether world of corruption. This must be stopped dead on its track. We will prevail recapturing what’s ours!