One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors. ~ Plato

 

 

 

 

I have come to the conclusion that politics are too serious a matter to be left to the politicians. ~ Charles DeGaulle

Date and Time in Las Vegas (PST)  

Pages: 1 2 3 4 >>

03/02/10

Permalink 05:49:05 pm, by Bud Email , 1768 words   English (US)
Categories: Las Vegas

MGM-Mirage’s CityCenter: A Civic Failure

by Mike Zahara at www.WatchDogWag.com (I found this posted from 6 months ago but found it interesting enough to re-post.)

I spent a recent day and evening exploring MGM-Mirage’s CityCenter project in Las Vegas. I walked around everywhere with work boots and hardhat and tried to relate to this behemoth of a project.

In short, CityCenter is an all-glass architectural calamity; I’ve never felt so cold in 100+ degree heat.

Cold, not refreshingly cool.

Born during the height of Vegas’ mega-expansion of Strip resorts that gave no consideration to tourists as individual people, but are designed as massive holding tanks that they don’t want you to ever leave; CityCenter is the epitome of vulgar excess, packed onto a tiny parcel of land; a glorified collection of cattle-cars posing as elegance.

Only two companies may control the Strip now, but their competitiveness, even internally amongst their own properties, is evidenced in the CityCenter design one-upmanship that should have been a celebration of design aesthetic, but instead tramples on individuality and elegance.

The CityCenter complex is a visual catastrophe that has some relationship to the buildings within it, but absolutely no relationship to the other Strip resorts it neighbors.

It’s essentially a post-Modernist throwback to the high-rise public housing nightmares of the urban cores back east that are now being torn down. Here in Las Vegas, we’ve reincarnated them with shiner, but surprising banal, all glass facades, with the same meat-packing mentality, and are calling it CityCenter.

To its north, it completely swallows the Jockey Club and its sister property, the once graceful and visually appealing Bellagio, whose property is aging very poorly for being only 11 years old. I’ve noticed the deterioration and grime on its northern wall abutting Flamingo Road, where the cornices and facade are noticeably filthy due to poor exterior facility maintenance, though some of the most exclusive brand names in the world display their signage there.

Mr Wynn’s absence from the property is painfully noticeable, replaced by a New York-centric corporate boardroom disinterest; if not outright hostility, to how critically important the visual and aesthetic presentation is to the entirety of the Las Vegas Strip experience.

CityCenter exemplifies that hostility.

To the south, with its breezy and more tasteful presentation, the easy to traverse and stay at Monte Carlo; also a sister property, is completely overwhelmed, standing in stark visual contrast to its ugly new step-sisters.

Inexplicably, the best face the CityCenter project shows is to the Interstate and the gritty industrial areas to its west, not the tourist saturated Strip face. The graceful curves and geometry fronts the back end of the property that mostly truckers and local commuters can appreciate; few tourists will ever see it.

The Strip face of CityCenter is a disaster, a travesty of placing Time Square in-your-face use of every square inch, completely consuming the street it fronts. One saving grace should have been the exclusive Mandarin Oriental, but her edifice is appallingly pedestrian and uninspired and she dares to front her face with common, even more pedestrian, plain fluorescent lighting behind her elegant ‘fan’ logo. The graceful curves of the Harmon which has been a construction nightmare, is visually chaotic, though they did not intend that to be so. The Crystals retail center is a salute to Gehry’s always juvenile designs, posing as whimsy that despise instead of celebrate materials, and those materials used at Crystals are already failing and will age exceptionally poorly requiring great expense to upkeep and maintain.

The Veer design could have been a significant work had it been placed 22-25 degrees differently on the property or placed on its parameters, used non-frat house, non-corner tavern glass exteriors, and didn’t turn out to be a child’s erector set concoction that should have been a triumph, but instead elicits only sighs of revulsion. We’re all too familiar with Helmut Jahn’s work which is always either speculator triumph like his United Airlines Terminal One in Chicago, or spectacular failure like his Thompson Center, also in Chicago.

Jahn suffers from an acute case of Architect Bi-Polar Disorder, and Las Vegas is just his latest spectacular failure victim.

The signature property on the site is the Aria, whose very lazy architect, Pelli Clarke Pelli, capped her curvy bodice with unbelievably ugly, plain, florescent lights in a city of explosive color and dynamic lighting.

Aria’s crown is a stunning failure and so is the Cosmopolitan tower on the northeast corner; the structure is much too tall, should have been cylindrical or winding staircase shaped, with an attractive facade and glass choice. Though a stand alone property and not part of MGM-Mirage, it will forever define its neighbor to the south whether or not MGM-Mirage purchases the troubled project, or not.

Cosmopolitan chose way overdone 1967 Miami Beach without the Miami and without the beach and without any semblance of class, grace, or elegance. It’s an eyesore of global insignificance.

Across the street at the former Aladdin, now Planet Hollywood, her designers chose to salute the Bellagio by convexing her towers to oppose the Bellagio’s concaved portrait; mimicking, if not directly mirroring her windows and color palate. PH’s streetscape is bawdy, gaudy, and self-indulgent, yet inviting in that its shapes and colors are pleasant and its promenade is easy on pedestrians, even during construction.

At CityCenter, we’re left with these many major structures designed by too many different people - little boys with sand buckets and Tonka trucks - all trying to outdo each other. It was suppose to have been shepherded by world renowned Gensler for MGM-Mirage, who only managed to achieve architectural calamity and chaos.

On the Las Vegas Strip, nothing is more important than the street-facing façade, and MGM Mirage’s CityCenter fails that challenge, spectacularly. It’s as though the streetscape is designed to inhale, if not swallow, everyone who comes near to it; a Black Hole vortex where the pedestrian reaction may be avoidance, rather than warm embrace.

It’s hard to imagine any entrance in the whole of modern architecture as being less inviting than that of CityCenter. You’re left thinking, ‘how do I get out of this place?’, and I don’t expect that will change when it opens.

You’re also left with the impression that the project’s architects never bothered to take a walk around the area themselves to get a feel of the property and its neighbors before putting pencil to paper. The first thing you think when contemplating this affront to modern design is that the designers themselves could not have possibly been from Las Vegas, much less have ever visited here; it’s as though they plopped down a standard Manhattan-style office complex in the middle of Disney World for Adults, without any consideration at all to the environment or the other properties around it.

It’s difficult to contemplate what a mess MGM Mirage’s CityCenter is. If they were going for an updated Warsaw Pact motif of towers, they hit a home-run - a grand slam really - if they were going for a Rockefeller Center collection of elegance, beauty, and functionality, they failed very badly.

It appears that everyone was just collecting a paycheck making MGM-Mirage’s 10 billion dollar investment look, well, cheap, instead of designing the masterpiece this could have become.

Las Vegas residents, most who spend little time on the Strip, are sure to hate this monstrosity, as will tourists, but both should consider that this project and its design would have looked far better, and perhaps been a rousing success in the old rail yards neighboring the World Market Center in what’s now known as the always struggling Symphony Park near downtown Las Vegas.

The architectural symbiosis at that site would have at least been more compatible and its structures would have had more meaning and more ability to breathe and to stand apart from each other. On the Strip, CityCenter’s structures step all over each other and completely wash each other out, vacuum-packed onto 78 tiny acres.

Writer Steve Friess, of Las Vegas City Life, recently commented about his displeasure with the glass-encased structures now becoming more common on the Las Vegas Strip. His point is well taken given the incomplete and bankrupt Fontainebleau; another hideous design that like CityCenter, has no relationship, at all, to anything else in the entire city, state, or region; it’s one of the ugliest structures I have ever seen.

Glass however, is not the issue as Steve Wynn’s impeccable Wynn Resort and Encore pay tribute to the mountains that surround the Las Vegas valley with a very thoughtful choice of brown-toned glass and graceful, gentle upslope at the top of the buildings paying respectful homage to the nearby peaks.

Their respective elegance is the anti-CityCenter in every respect. Mr Wynn knows how to spectacularly design resort hotels; MGM-Mirage and its team, clearly, do not.

Wynn and Encore’s architects appear to have actually visited Las Vegas; all of CityCenter’s many, many architects appear to not even know where Las Vegas is, much less what it is.

CityCenter is classic case of too many cooks spoiling this very thin broth. It’s far too much, packed on too little land, devouring itself and its neighbors and the world famous street it should have embraced.

MGM-Mirage and its CityCenter fiasco may come to be remembered as what exactly went wrong with Las Vegas during the last decade and more importantly, why the average tourist is no longer so enamored with today’s Las Vegas.

CityCenter is a colossal financial failure, and now nearing completion, it’s also a colossal design and civic failure too.

http://www.watchdogwag.com/?p=1264

Other MGM Mirage Posts

MGM MIRAGE (NYSE: MGM) - Living on a Prayer in 2010 (Despite "Upgrade")
http://tobuds.com/blogs/blog2.php/2010/01/13/mgm-mirage-nyse-mgm-living-on-a-prayer-i

Casinos Won't Recover - What it Means for MGM Mirage
http://tobuds.com/blogs/blog2.php/2010/01/11/casinos-won-t-recover-what-it-means-for

MGM Mirage on Life Support - 2010 Not a Happy New Year
http://tobuds.com/blogs/blog2.php/2010/01/07/mgm-mirage-on-life-support-2010-not-a-ha

MGM Mirage - City Center is Doomed in 2010 to Cannibalism
http://tobuds.com/blogs/blog2.php/2009/12/31/mgm-mirage-city-center-is-doomed-to-cann

James "Jimmy" Murren - CEO MGM Mirage, Has A Magic Dream
http://tobuds.com/blogs/blog2.php/2009/12/29/james-jimmy-murren-ceo-mgm-mirage-has-a

MGM's Kirk Kerkorian's CEO (Jim Murren) - A Con Artist?
http://tobuds.com/blogs/blog2.php/2009/12/21/james-j-murren-chairman-of-the-board-and

MGM's Mister Kerkorian is a Very Wise Man
http://tobuds.com/blogs/blog2.php/2009/12/21/mgm-s-mister-kerkorian-is-a-very-wise-ma

Also see > CityCenter, Infinity World Development, MGM Mirage, Tracinda, Kerkorian

02/23/10

Permalink 01:26:23 pm, by Bud Email , 319 words   English (US)
Categories: Las Vegas

Leaving Las Vegas in 2010 - Do not expect MGM Mirage's luck to change soon.

The stock was down almost 5% again today...when will it ever end?

Will MGM Mirage File for Bankruptcy in 2010?

Is a Chapter 11 filing pending? The casino operator announced last Thursday that it had narrowed its loss in the fourth quarter, but the loss for MGM was still greater than Wall Street's expectations.

http://www.thestreet.com/story/10685200/1/will-mgm-mirage-file-for-bankruptcy-in-2010.html

MGM Mirage - The Las Vegas Strip's largest casino owner posted a wider than expected fourth-quarter loss of $0.25 per share, which underwhelmed analysts anticipating an average loss of just $0.14 a share.

http://www.forbes.com/2010/02/18/priceline-las-vegas-markets-casinos-gambling.html?boxes=Homepagechannels

Goldman Sachs squimish on MGM Mirage, lowers EPS estimates and target price for the casino operator following the news of another disappointing quarter. Room rates remain under "intense pressure."

http://www.streetinsider.com/Analyst+Comments/Goldman+Cuts+Price+Target+on+MGM+to+$14.50+Following+Q4+Results%3B+Maintains+Buy/5366231.html

http://www.casinogamingstock.net/news/goldman-sachs-lowers-eps-estimates-on-mgm-for-fy10-902120

Where is Jim Murren and their Human Resources department when you need them?

Other Recent MGM Mirage Posts

MGM Mirage - CityCenter - The Great Boondoggle
http://tobuds.com/blogs/blog2.php/2010/02/10/mgm-mirage-citycenter-the-great-boondogg

MGM MIRAGE (NYSE: MGM) - Living on a Prayer in 2010 (Despite "Upgrade")
http://tobuds.com/blogs/blog2.php/2010/01/13/mgm-mirage-nyse-mgm-living-on-a-prayer-i

Casinos Won't Recover - What it Means for MGM Mirage
http://tobuds.com/blogs/blog2.php/2010/01/11/casinos-won-t-recover-what-it-means-for

MGM Mirage on Life Support - 2010 Not a Happy New Year
http://tobuds.com/blogs/blog2.php/2010/01/07/mgm-mirage-on-life-support-2010-not-a-ha

MGM Mirage - City Center is Doomed in 2010 to Cannibalism
http://tobuds.com/blogs/blog2.php/2009/12/31/mgm-mirage-city-center-is-doomed-to-cann

James "Jimmy" Murren - CEO MGM Mirage, Has A Magic Dream
http://tobuds.com/blogs/blog2.php/2009/12/29/james-jimmy-murren-ceo-mgm-mirage-has-a

MGM's Kirk Kerkorian's CEO (Jim Murren) - A Con Artist?
http://tobuds.com/blogs/blog2.php/2009/12/21/james-j-murren-chairman-of-the-board-and

MGM's Mister Kerkorian is a Very Wise Man
http://tobuds.com/blogs/blog2.php/2009/12/21/mgm-s-mister-kerkorian-is-a-very-wise-ma

Also see > CityCenter, Infinity World Development, MGM Mirage, Tracinda, Kerkorian

02/10/10

Permalink 02:41:02 pm, by Bud Email , 425 words   English (US)
Categories: Las Vegas

MGM Mirage - CityCenter - The Great Boondoggle

It cost the lives of 6 people to build this albatross...what a waste.

(Posted on Steve Friess' web site at www.vegashappenshere.com)

The opening of CityCenter this past December did little, if anything, to boost visitation to Las Vegas. That may explain the free-falling room rates at ARIA too. The January figures will tell the tale because if all that publicity and fanfare can't pique even short-term interest, MGM Mirage is in a massive vat of stinky trouble.

(The average Las Vegas hotel occupancy rate in 2009 was at 81.5 percent, compared to 85 percent in 2003.)

The Las Vegas Convention and Visitors Authority tried to put a happy spin on all this by noting that the 81.5 percent occupancy was "the highest of any major destination in the U.S." and 26.4 percentage points above the overall U.S. average (which is like Florida getting excited that they grew more oranges than North Dakota this year.)

Recently posted on Steve's blog:

"I just returned from a stay at Aria. It's nice, modern and empty with a capitol E. Empty rooms, cafe's and a sparse crowd in the casino. I thought the place looked sterile from the photos I had seen, but I wanted to wait until I experienced it myself before drawing an opinion. The atmosphere is dark, gloomy and cold. I will take Wynncore or Caesars any day. Heck, even the Venetian...and that's saying something."

Today MGM closed a $10.40...Down -2.99% today. It hasn't moved at all since November 2008...ever since CityCenter opened, the stock has been stagnet.

MGM a Boondoggle

http://finance.yahoo.com/q?s=MGM
http://www.google.com/finance?q=mgm

Maybe Kirk Kerkorian should first fire his CEO (Jim Murren), and then sell his entire stake in MGM now.

Other MGM Mirage Posts

MGM MIRAGE (NYSE: MGM) - Living on a Prayer in 2010 (Despite "Upgrade")
http://tobuds.com/blogs/blog2.php/2010/01/13/mgm-mirage-nyse-mgm-living-on-a-prayer-i

Casinos Won't Recover - What it Means for MGM Mirage
http://tobuds.com/blogs/blog2.php/2010/01/11/casinos-won-t-recover-what-it-means-for

MGM Mirage on Life Support - 2010 Not a Happy New Year
http://tobuds.com/blogs/blog2.php/2010/01/07/mgm-mirage-on-life-support-2010-not-a-ha

MGM Mirage - City Center is Doomed in 2010 to Cannibalism
http://tobuds.com/blogs/blog2.php/2009/12/31/mgm-mirage-city-center-is-doomed-to-cann

James "Jimmy" Murren - CEO MGM Mirage, Has A Magic Dream
http://tobuds.com/blogs/blog2.php/2009/12/29/james-jimmy-murren-ceo-mgm-mirage-has-a

MGM's Kirk Kerkorian's CEO (Jim Murren) - A Con Artist?
http://tobuds.com/blogs/blog2.php/2009/12/21/james-j-murren-chairman-of-the-board-and

MGM's Mister Kerkorian is a Very Wise Man
http://tobuds.com/blogs/blog2.php/2009/12/21/mgm-s-mister-kerkorian-is-a-very-wise-ma

Also see > CityCenter, Infinity World Development, MGM Mirage, Tracinda, Kerkorian

01/14/10

Permalink 10:55:43 am, by Bud Email , 772 words   English (US)
Categories: Las Vegas

L.A. Times - MGM Mirage City Center: Final bender for Wall Street's Decade of Unreason


Excerpted from Rick Cole's article "Las Vegas: The Boom - Bust Bender" for New Geography on 01/14/2010

The debut of the colossal $8.5 billion CityCenter, Vegas makes pretension to "sustainable urbanism." Even by Vegas standards of hype, this is mendacity at a colossal scale. CityCenter’s developers claim that it is "one of the largest sustainable developments in the world."

A mecca for gambling, shopping and recreation built in a desert climate is, by definition, unsustainable.

L.A. Times architecture writer Christopher Hawthorne calls City Center "a final bender for Wall Street's decade of unreason." Is it too much to hope that this glitzy fiasco will permanently discredit the blend of leveraged debt, "starchitecture," and headlong consumerism that has spread around the world with ever taller and more fanciful towers and ever more grandiose claims to represent a glorious future?

Megaprojects are the product of meglomania, whether in Las Vegas, Shanghai, Dubai, Universal Studios or downtown Los Angeles. No amount of solar-paneled green cladding can disguise their fundamental flaw: Bigness dwarfs and often destroys the human scale that great places have in common.

It is hard not to admire the audacity, the “make no little plans” grandeur of big visions. The Greeks, however, had a name for such delusions: hubris. When Icarus climbed too close to the sun his wings melted and he plunged into the sea.

Public officials continue to be particularly prone to the siren song of megadevelopments. Grand Avenue in Los Angeles; Ground Zero in Manhattan; Atlantic Yards in Brooklyn; Hunters Point in San Francisco...

The invariable promises of investment returns commensurate with the project’s size invariably disappoint. No one is that smart, it turns out. Sustainable urbanism comes in small doses, crafted to the climate and history of real places. It comes from new building that respects human scale and the fabric of organic towns and cities. It emerges from the efforts of property owners, investors, designers and craftspeople understanding and applying timeless principles to the needs of our time.

Sustainable urbanism doesn’t have to carry the weight of the overhead and egos of mega developers, starchitects, and all the myriad fixers - such as the lobbyists, lawyers, flacks, event planners, consultants etc - that live off their wake . It doesn’t put the public purse at risk on speculative real estate ventures. The public isn’t jolted with yet another over-the-top effort to shock and awe them with ever-larger and more lavish excess. Instead, sustainable urbanism thrives off both the synergy and the competition that comes from appropriately sized and scaled additions to the cityscape.

These comparably large projects stretch the limit of scale on place-making, financial risk and social and economic diversity.

The counter argument is, of course, that no one knows if they will stand the test of time and “if you build it they will come.” When we have four billion more people on the planet....CityCenter will be vindicated as a form of visionary city building that was simply ahead of its time.

Common sense ought to prevail. Megaprojects are bad bets, even in Las Vegas. In almost every regard, giant projects crush the essential elements of diversity, flexibility and intimacy necessary to making (and sustaining) great places.

Instead of CityCenter, imagine something on its scale broken up into 1500 more modest projects across America; each significant enough to make a mark, yet restrained enough to strengthen the city instead of overwhelm it. Not only would the investment have made a far better contribution to the goal of "sustainable urbanism", it would have been far less recklessly risky.

Other MGM Mirage Posts

MGM MIRAGE (NYSE: MGM) - Living on a Prayer in 2010 (Despite "Upgrade")
http://tobuds.com/blogs/blog2.php/2010/01/13/mgm-mirage-nyse-mgm-living-on-a-prayer-i

Casinos Won't Recover - What it Means for MGM Mirage
http://tobuds.com/blogs/blog2.php/2010/01/11/casinos-won-t-recover-what-it-means-for

MGM Mirage on Life Support - 2010 Not a Happy New Year
http://tobuds.com/blogs/blog2.php/2010/01/07/mgm-mirage-on-life-support-2010-not-a-ha

MGM Mirage - City Center is Doomed in 2010 to Cannibalism
http://tobuds.com/blogs/blog2.php/2009/12/31/mgm-mirage-city-center-is-doomed-to-cann

James "Jimmy" Murren - CEO MGM Mirage, Has A Magic Dream
http://tobuds.com/blogs/blog2.php/2009/12/29/james-jimmy-murren-ceo-mgm-mirage-has-a

MGM's Kirk Kerkorian's CEO (Jim Murren) - A Con Artist?
http://tobuds.com/blogs/blog2.php/2009/12/21/james-j-murren-chairman-of-the-board-and

MGM's Mister Kerkorian is a Very Wise Man
http://tobuds.com/blogs/blog2.php/2009/12/21/mgm-s-mister-kerkorian-is-a-very-wise-ma

Also see > CityCenter, Infinity World Development, MGM Mirage, Tracinda, Kerkorian

Rick Cole is city manager of Ventura, California, and recipient of the Municipal Management Association of Southern California's Excellence in Government Award.

He can be reached at RCole@ci.ventura.ca.us

Original Source:
http://www.newgeography.com/content/001333-las-vegas-the-big-the-boom-and-the-bust

01/13/10

Permalink 01:02:11 pm, by Bud Email , 997 words   English (US)
Categories: Las Vegas

MGM MIRAGE (NYSE: MGM) - Living on a Prayer in 2010 (Despite "Upgrade")

Report/Commentary/Opinion
by Bud Meyers
January 13, 2010

Goldman Sachs recently upgraded the casino corporation MGM MIRAGE to a "buy" from "neutral." Goldman Sachs is a bank holding company and investment banking firm. Their holdings are massive. How many shares of MGM Mirage do they own? Can they rate the value of their own investments? A full list of their holdings, shares, and value as reported to SEC are here.

Goldman Sachs says they expect Las Vegas trends to start getting "less bad" over the next several quarters. That was the basis for their upgrade..."less bad". Is that how we've been rating corporations lately? How about an increase in business, much less debt, and a positive future outlook for profits?

Goldman Sachs said the upgrade offers both high risk and high reward, based on a Vegas recovery that is in its very early stages. (I say "living on a prayer")

Goldman could just as easily have downgraded MGM, then saying "the downgrade offers both low risk and low reward, based on a Vegas downturn that is in its very late stages."

This is pure nonsense, and here's why:

I've lived in Las Vegas and worked in the hotel/casino industry for the past 20 years...I see the visitor traffic on the casino floors, and it's not good. Air traffic and booked conventions are down, thanks in part to Obama, Reid, AIG, and Goldman Sachs.

This city depends too much on tourism and MGM needs "whales" (high-rollers who bet BIG) to pull them out of the slump. And they usually come from Asia, but they have Macau and Singapore - so why go all the way to Vegas? Been there, done that...

Room capacity in Las Vegas is at least 20% over visitor volume; a price war for rooms is being waged. MGM must cannibalize their own properties to get people into Center City.

MGM's condo sales are flat (and were heavily discounted).

There have been complaints about customer service at CenterCity too.

Las Vegas (the largest city in Nevada) has the 3rd highest unemployment rate in the country. People still fear losing their jobs. Expendable capital is not forthcoming any time soon...at least not in 2010. Ten million people are collecting unemployment benefits, but almost 18 million don't have jobs. 85,000 jobs were lost just last month.

MGM carries too much debt, and the new financing they received (thanks indirectly to bank bail-outs to Goldman Sachs) only delays the real pain. Eventually MGM (like the government) may be able to pay down some of their debt with cheaper dollars, but it's too bad they didn't get the same terms for borrowing cash from the Feds like Goldman Sachs.

Are the days of excess over? 55 years ago we thought so...

...but the days of $400-per-bottle are over (at least, this year). Stretch limos are no longer the "norm" in Las Vegas anymore.

All gaming and food & beverage businesses (bars and restaurants) in Las Vegas are suffering badly...people here (the locals, whom MGM has always neglected) will not spend their money on the over-priced offerings at the glitzy casinos...or gamble away their money - they are hunkering down and saving money, because many more job losses are expected in 2010.

Management at MGM bit off more than they could chew, burned their bridges with the locals, and made a HUGE bet that even the most irresponsible gambling addict wouldn't have made; and now they only have spin to minimize their losses.

Goldman Sachs made huge profits in 2009 and should buy lots of MGM shares as a write-off for 2010 (maybe they have already, hoping for a rebound, instead of a write-off - hence, the "upgrade".

Kerkorian can pump the share price as he likes, but it only delays the inevitable...City Center will go down in history as one of the biggest real estate/gaming blunders of all time.

And I don't have much faith in the MGM's CEO's character either (Jim Murren), who lied for 20 years about playing in the Philadelphia Phillies farm league. And he too, may be living on a prayer...I haven't spoken with Kirk lately.

I predict CenterCity will one day be a great tourist attraction, like the Great Pyramids.

Other MGM Mirage Posts

Casinos Won't Recover - What it Means for MGM Mirage
http://tobuds.com/blogs/blog2.php/2010/01/11/casinos-won-t-recover-what-it-means-for

MGM Mirage on Life Support - 2010 Not a Happy New Year
http://tobuds.com/blogs/blog2.php/2010/01/07/mgm-mirage-on-life-support-2010-not-a-ha

MGM Mirage - City Center is Doomed in 2010 to Cannibalism
http://tobuds.com/blogs/blog2.php/2009/12/31/mgm-mirage-city-center-is-doomed-to-cann

James "Jimmy" Murren - CEO MGM Mirage, Has A Magic Dream
http://tobuds.com/blogs/blog2.php/2009/12/29/james-jimmy-murren-ceo-mgm-mirage-has-a

MGM's Kirk Kerkorian's CEO (Jim Murren) - A Con Artist?
http://tobuds.com/blogs/blog2.php/2009/12/21/james-j-murren-chairman-of-the-board-and

MGM's Mister Kerkorian is a Very Wise Man
http://tobuds.com/blogs/blog2.php/2009/12/21/mgm-s-mister-kerkorian-is-a-very-wise-ma


Also see > CityCenter, Infinity World Development, MGM Mirage, Tracinda, Kerkorian

See all my well-researched posts on the current unemployment situation:

The New Poor - Millions of Unemployed Face Years Without Jobs
http://tobuds.com/blogs/blog1.php/2010/02/21/the-new-poor-millions-of-unemployed-face

Government Jobs (Bigger Government) Drive Employment Numbers
http://tobuds.com/blogs/blog1.php/2010/03/01/government-jobs-bigger-government-drive

Actual Unemployment in 2010 - Recession Worse than Reported
http://tobuds.com/blogs/blog1.php/2010/02/04/actual-unemployment-in-january-2010-rece

Deep Recession Shows No Sign of Letting Up - Maybe Getting Worse
http://tobuds.com/blogs/blog1.php/2010/02/24/deep-recession-shows-no-sign-of-letting

Largest U.S. Labor Union: AFL-CIO says Jobs Won't Return
http://tobuds.com/blogs/blog1.php/2010/01/07/largest-u-s-labor-union-afl-cio-says-job

More Bad News for the Unemployed in 2010 - and Beyond
http://tobuds.com/blogs/blog1.php/2010/02/23/more-bad-news-for-the-unemployed-in-2010

Almost 1 out of 5 People are Out of Work in the U.S.A.
http://tobuds.com/blogs/blog1.php/2009/12/31/unemployment-december-2009-new-release

FOX News Wages War on Unemployed - Thinks They're Lazy
http://tobuds.com/blogs/blog1.php/2010/03/02/real-reason-why-extended-unemployment-be

Tea Party, Fox News, and Conservatives Attack the Unemployed
http://tobuds.com/blogs/blog3.php/2010/03/04/tea-party-gets-in-wrong-on-unemployment

Extended Unemployment Benefits in 2010 - Fully Explained
http://tobuds.com/blogs/blog3.php/2010/02/16/extended-unemployment-benefits-in-2010

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Generational Job Competitors


Generation Y, also known as The Millennial Generation, the demographic cohort following Generation X. Its members are often referred to as "Millennials" or "Echo Boomers" . Generation Y are primarily the offspring of the Baby Boom Generation, most often born from 1980 to 1990 (ages 19 to 29).
Generation X, commonly abbreviated to Gen X, is a term used to refer to a generational cohort of children born after the baby boom from 1965 to 1979 (ages 30 to 44).
Baby Boom Generation is a term which portrays a generation born during the middle part of the 20th Century, mostly referred to as being born 9 months after the end of World War II in 1946 to1964 (ages 45 to 63).

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© 2009 Bud Meyers • Contact • Constitutional Scholar • 1st Amendment Advocate • Master of the Universe Inc • Disclaimer