The Acceptable Form Of Speculative Bets

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Faced with declining tax revenues coming from the economic wreckage created by all those speculative bank bets, three states are turning to one-arm bandits to simultaneously bridge budget gaps and promote responsible personal spending. Illinois, Ohio, and Pennsylvania are crafting plans that would legalize and increase access to video poker and slot machines in order to fund things like higher education. If state lawmakers are openly advocating plans that seek to put their own constituents in more adverse financial situations by increasing access to the ultimate addictive substance, easy money, Wall Street's ethical record over the past couple of years doesn't look quite so bad.

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