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New Frontiers in Wealth Redistribution

Monday, April 13, 2009 by Unknown

From the Agitator:

George Will urges the U.S. Supreme Court to strike down an Illinois law that may be the next step in post-bailout, post-Kelo America: direct transfer of the profits of successful industries to the accounts of those that are failing. The Illinois law attempts to prop up the state’s sagging horse racing industry by requiring the state’s four most profitable casinos to simply hand over 3 percent of gross receipts to Illinois’ horse racing tracks. The bill was recently upheld by the state’s supreme court.

More here.

And the slide towards a new socialism continues.

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