Wisdom from Wall Street

"Any gaming operator that postpones spending and preserves capital in this environment should be rewarded, in our view." — Stifel Nicolaus & Co. analyst Steven Wieczynski, reacting to news that MGM Mirage had put its Atlantic City and north-Strip projects onto the back burner. Boyd Gaming has extended the hiatus of Echelon and Las Vegas Sands is curtailing its Sands Bethlehem project.

I.O.U.S.A. Making a movie on the subject of the national debt seems like exercise in masochism. Making an absorbing and readily comprehensible film on that abstruse subject is a signal achievement. For those of you who object to my pro-Obama leanings, I should point out that — based on the facts and figures put forward by filmmaker Patrick Creadon (he did Wordplay, for you Will Shortz fans), the Democratic economic plan wouldn't do much more than nibble around the edges of the national debt burden.

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