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Mohegan Sun Casino Owners Received $54 Million In Stimulus Money
ABC News ^ | June 17, 2010 | By COULTER KING and MARIANNE DE PADUA

Posted on 06/17/2010 12:15:31 PM PDT by curth

With the support of Sen. Chris Dodd, D.-Conn., the federal government has awarded $54 million to Connecticut's politically well-connected Mohegan Indian tribe, which operates one of the highest grossing casinos in the U.S.

The tribe runs the sprawling Mohegan Sun casino, halfway between New York City and Boston, which earned more than $1.3 billion in gross revenues in 2009. Each tribe member receives a cut of the profits, a number a tribal official said was "less than $30,000" per capita per year. The stimulus money is a loan from a U.S. Department of Agriculture rural development program that is meant to help communities of less than 20,000 people that have been "unable to obtain other credit at reasonable rates and terms and are unable to finance the proposed project from their own resources.

Lynn Malerba, chairwoman of the Mohegan Tribal Council, defended the award of the stimulus loan to the tribe, and said that every member of Connecticut's seven-member Congressional delegation except one had provided assistance in securing the funds. "The whole Connecticut delegation, I think aside from [Rep.] Jim Himes, who was traveling, sent a letter in support."

Bryan DeAngelis, communications director for Sen. Dodd, confirmed Dodd's support for the loan. "Senator Dodd supported this project in the same manner and for the same reasons he supports federal assistance for other Connecticut projects – creating and preserving local jobs," said DeAngelis. "The only factor that mattered in Dodd's support of these loans was job creation and economic recovery in Connecticut." A former aide to Dodd, Charles Bunnell, is Chief of Staff for External and Governmental Affairs for the tribe.

An aide to Sen. Joseph Lieberman said "

(Excerpt) Read more at abcnews.go.com ...


TOPICS: Business/Economy; Government; Politics/Elections; US: Connecticut
KEYWORDS: casino; dodd; indians; payoff
Indian Tribe That Runs Connecticut Casino Earning $1 Billion-Plus Per Year Got Government Check
1 posted on 06/17/2010 12:15:31 PM PDT by curth
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To: curth

Wait until the audit of the BP $20 billion is done. We are talking slush funds.


2 posted on 06/17/2010 12:17:29 PM PDT by Parley Baer
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And they can’t even spring for a decent buffet.


3 posted on 06/17/2010 12:17:32 PM PDT by Crimson Elephant
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To: curth

All tribal casinos are scams based on the lie of being located on Sovereign Nations. Indian reservations don’t behave as though they are sovereign nations and this bs loan is a fine example


4 posted on 06/17/2010 12:18:41 PM PDT by dennisw (History does not long entrust the care of freedom to the weak or the timid - Gen Eisenhower)
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To: curth

...we need more and more of these stories...each one helps us in Nov.


5 posted on 06/17/2010 12:18:43 PM PDT by STONEWALLS
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To: curth

They shouldn’t get stimulus money, but gross revenues are not net profits.


6 posted on 06/17/2010 12:18:58 PM PDT by MediaMole
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To: curth

And their bonds are trading at 74 cents oon the dollar and are rated CCC+ by Standard & Poor’s.

Sounds like they needed the wampum.


7 posted on 06/17/2010 12:19:06 PM PDT by RexBeach
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To: curth

I hope this is the last of the Mohegans..............


8 posted on 06/17/2010 12:20:14 PM PDT by Red Badger (No, Obama's not the Antichrist. He's just some guy in the neighborhood.............)
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To: curth

In the words of Ray Davies

Money and Corruption
Are ruining the land
Crooked politicians
Betray the working man,
Pocketing the profits
And treating us like sheep,
And we’re tired of hearing promises
That we know they’ll never keep.


9 posted on 06/17/2010 12:20:58 PM PDT by 2 Kool 2 Be 4-Gotten
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To: curth

Why should only Indians be allowed to run casinos?
If they are allowed in Connecticut for Indians, everyone should be allowed to open a casino.


10 posted on 06/17/2010 12:21:27 PM PDT by Bon mots
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To: Red Badger
I hope this is the last of the Mohegans..............

You beat me to it.

11 posted on 06/17/2010 12:23:56 PM PDT by Uncle Chip (TRUTH : Ignore it. Deride it. Allegorize it. Interpret it. But you can't ESCAPE it.)
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To: Uncle Chip

;^)......


12 posted on 06/17/2010 12:26:39 PM PDT by Red Badger (No, Obama's not the Antichrist. He's just some guy in the neighborhood.............)
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To: curth

And they wonder why there’s a taxpayer revolt? Who’s paying that $54 million, so that Dodd can buy some votes? There’s no reason why the public should put up with this corrupt nonsense!


13 posted on 06/17/2010 12:43:36 PM PDT by popdonnelly (Democrats = authoritarian socialists)
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To: curth

shovel ready...


14 posted on 06/17/2010 1:25:08 PM PDT by Crim (The Obama Doctrine : A doctrine based on complete ignorance,applied with extreme incompitence..)
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To: Crim

Did they receive it as a grant or did some one let it ride on the wrong number at the roulette table?


15 posted on 06/17/2010 1:44:11 PM PDT by Sic Parvis Magna
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To: Crim

...and deficit neutral


16 posted on 06/17/2010 1:54:50 PM PDT by WOBBLY BOB (drain the swamp! ( then napalm it and pave it over ))
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To: All

Obama pal Van THE RED Jones on video demanding redistribution of wealth to N/A ........ b/c of all those broken treaties.

http://www.youtube.com/watch?v=f6xELjQPsuw&feature=player_embedded


17 posted on 06/17/2010 6:40:31 PM PDT by Liz (If teens can procreate in a Volkswagen, why does a spotted owl need 2000 acres? JD Hayworth)
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To: Liz; onyx; penelopesire; seekthetruth; television is just wrong; jcsjcm; BP2; Pablo Mac; ...

Pretty slick.. talk about chutzpah! The tribe owns and profits hugely from casinos in CT and PA! And I bet Fast Eddie Rendell is deep in this, as well.

~ ~ ~

“The loan is just part of $74 million in loans directed to the Mohegans by the USDA for the construction of a community center and tribal government building.

USDA officials said that part of their consideration in moving forward with the project was the tribe’s continued challenge in obtaining credit because of the ongoing economic crisis.”

~~~~

They also own another casino in Wilkes-Barre, PA.
Stimi-cash, too ?

http://www.mohegansunpocono.com/

____________

“The Mohegan Sun sponsors race cars and our arena. Why are they allowed such expenses when Obama’s czars are limiting compensation at corporations?”

http://sightsonpennsylvania.blogspot.com/2010_06_01_archive.html

~ ~ ~

They’ve also been considering building another casino in Massachusetts.

http://brokenwingeditorials.blogspot.com/2009/10/promoting-gambling-in-palmer.html

_________________________________________________________

I once knew someone who was an elder in that tribe,
and I know that he and his child got thousands of
dollars every year, in the 5 figures, just for
being documented tribal members.

Gee, can we .. the little people .. get stimulus funds
in this harsh credit climate, too ?

Wasn’t there supposed to be federal oversight that -0
mandated to make sure the banks were loosening up funds
with the billions they got on their credit policies ?

Sickening. Dodd’s mortgaging the futures of the next 6
generations on his way out, guaranteeing himself high
paying positions as a consultant and corporate board
membership for he and probably his wife. And I expect
the other outgoing Rats are doing the same.

TERM LIMITS !!


18 posted on 06/18/2010 11:02:31 AM PDT by STARWISE (The overlords are in place .. we are a nation under siege .. pray, hunker down & go Galt)
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To: curth

Reparations!


19 posted on 06/18/2010 11:24:40 AM PDT by Beckwith (A "natural born citizen" -- two American citizen parents and born in the USA.)
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To: STARWISE; TommyDale; Grampa Dave; raybbr; stephenjohnbanker; onyx; penelopesire; seekthetruth; ...
American Indian tribes have received about $2 billion in stimulus loans and grants since the passage of the Recovery Act. The money, by law, cannot be used for casinos or gambling projects, and is intended to revitalize Native American communities. There are currently 564 federally recognized tribes, and about 300 Indian casinos. “The Doddered $54 million is just part of $74 million in loans directed to the Mohegans by the USDA for the construction of a community center and tribal government building.

Can the tribes produce documents WRT where they spent and/or allocated billions in tax dollars? Is any of it offshore? Oh, never mind....the FBI, IRS, SEC, GAO can find out (/snix).

20 posted on 06/18/2010 11:45:29 AM PDT by Liz (If teens can procreate in a Volkswagen, why does a spotted owl need 2000 acres? JD Hayworth)
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To: curth

We gave $74 million to another nation? WTF?


21 posted on 06/18/2010 12:22:31 PM PDT by Vendome (Don't take life so seriously... You'll never live through it.)
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To: STARWISE

November can’t come soon enough! Can’t wait for the hearings by Mr. Issa too. Should be very enlightening.


22 posted on 06/19/2010 6:43:35 AM PDT by penelopesire ("Did you plug the hole yet daddy?")
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