{"id":2979,"date":"2010-04-22T14:52:41","date_gmt":"2010-04-22T22:52:41","guid":{"rendered":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/?p=2979"},"modified":"2024-01-01T12:37:18","modified_gmt":"2024-01-01T20:37:18","slug":"archonomics-poultry-in-motion","status":"publish","type":"post","link":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/archonomics-poultry-in-motion\/","title":{"rendered":"Archonomics: Poultry in motion"},"content":{"rendered":"

\"\"All of cyberspace has been agog with Archon Corp<\/strong>. Treasurer Sue Lowden<\/strong>‘s chickens for health care proposal<\/a>. Normally we’d chalk up this kind of Green Acres<\/em>-inspired policy to spring fever and leave it at that — were it not for the fact that Lowden is ostensibly a key executive of a local (albeit obscure) casino company. Does her vision of a chicken-based economy reflect the quality of thought that prevails within the Archon boardroom? Yesterday, whilst stymied by messed-up blog software, S&G<\/em> mused via Twitter<\/strong> on the implications of “chickenomics” if applied to how Archon does business …<\/p>\n

\u2022 So if Joe’s HVAC Service is owed $90K by Archon Corp., would Treasurer Lowden pay with chicken dinners, free-play coupons, buffet comps?<\/em><\/p>\n

\u2022 Anybody know where I can get ahold of some chickens to barter for hotel room @ Pioneer Gambling Hall<\/strong> in scenic Laughlin<\/strong>?<\/em><\/p>\n

\u2022 Just remember: If the Pioneer charges you $35\/night to stay there, try & haggle it down to $25 or even $15. That oughta work like a charm<\/em>.<\/p>\n

\u2022 How many chickens would [developer] Jim Rhodes<\/strong> have accepted in lieu of … Red Rock<\/strong> [Canyon<\/strong>] acreage? Could be new metric of LV land valuation<\/em>.<\/p>\n

\u2022 The origins of chicken-based economic theory<\/em><\/p>\n

\u2022 S&G estimates chickens worth +20% dead than alive. All future Archon Corp. transactions to be calculated in poultry value as well as $$<\/em>.<\/p>\n

According to one of the more conservative estimates<\/a>, chicken by the pound was trending toward $0.84 cents last month. Since the average chicken weighs as much as seven pounds, that’d make one bird worth $5.88. Which means that if Texas<\/strong>-based developer Christopher Milam<\/strong> was willing to pay an above-market price for the Wet ‘n Wild<\/strong> site, he needn’t have offered the Lowdens $618 million but just backed up a fleet of trucks holding 102 million chickens, plus several dozen eggs. Milam’s $22.9\/acre offer translates to a poultry-adjusted 3.89 million $PSL (Paul & Sue Lowden).<\/p>\n

Ms. Lowden’s political resum\u00e9 may have credibility but as an executive of an SEC-traded company she paints herself a clueless dilettante. Unless, that is, you can now buy casino chips with produce and livestock at the Pioneer’s casino cage. As for the origins of “chickenomics” in the world’s oldest profession, what could be more apt to a new economic theory hatched right here in Sin City?<\/p>\n","protected":false},"excerpt":{"rendered":"

All of cyberspace has been agog with Archon Corp. Treasurer Sue Lowden‘s chickens for health care proposal. Normally we’d chalk up this kind of Green Acres-inspired policy to spring fever and leave it at that — were it not for … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[98,46,14,26,9],"tags":[],"_links":{"self":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/2979"}],"collection":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/comments?post=2979"}],"version-history":[{"count":4,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/2979\/revisions"}],"predecessor-version":[{"id":32980,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/posts\/2979\/revisions\/32980"}],"wp:attachment":[{"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/media?parent=2979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/categories?post=2979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lasvegasadvisor.com\/stiffs-and-georges\/wp-json\/wp\/v2\/tags?post=2979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}