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Monday, December 05, 2011

Monday Musings

We've been down at my mom's house down in Longboat Key; in Florida, but a long ways from Gulfstream (though not from Tampa Bay Downs, where we haven't been either). Gulfstream is open a month earlier this year. Don't know why exactly, but I don't think it was to get a one month head start on the coming purse increases at the Big A. Just a smattering of NY trainers appearing in the entries for the first two days, and just one jockey (Castellano) that I noticed. (Is Alex Solis considered a NY jockey these days?) The Toddster is there, but not with NY-bssed horses and, besides, he's everywhere. (Had a winner on Saturday with an overbet first-timer; look for that trend to continue, as betting against them eventually proved to be a potentially profitable angle at Saratoga this past summer.) John Kimmel has some horses, but he hasn't one a race in two months so maybe he just wants a change in scenery. McLaughlin nnd Shug had winners on Sunday; Frank Alexander, Mott, and Jimmy Jerkens had horses tool

I imagine we'll see more as the winter moves along, but it sure will be interesting to see to what extent with the bigger prizes that will be offered in Queens; especially with the rank and file horses as opposed to the ones with larger ambitions. Purses these days aren't bad at Gulfstream, which of course has slots - though no backyard, nor none of its former charm (he says without having been there since the destruction of the old building). For example, a maiden special route there on Sunday went for $51,500. One of those at the Big A however will be offering $65,000 come January 1. Happy New Year.

Pletcher's winner on Saturday did so by ten lengths and set a new track record for the 5 1/2 furlong distance. Discreet Dancer (Discreet Cat) is a half-brother to the graded-stakes winner Travelin Man. He earned a Beyer figure of.....100??

- Back to NY and off-topic if you don't mind, talk in Albany of a deal to address the worsening budget deficit by changing the state income tax rates in a way which would raise taxes on the wealthiest taxpayers. This plan would allow the so-called millionaires surcharge tax to expire at the end of the year, and thus keep the governor's promise to do so. Yet it would raise the basic tax rate on the wealthiest earners, while providing some relief for those at the lower spectrum. Some Republican senators have expressed support for the plan - and, in fact, had previously seemed open to the possibility of extending the surcharge, though specifically on true million-dollar earners (it currently starts at $250,000).

Even in Washington, at least one Republican Senator - albeit the moderate Susan Collins (Maine) - has actually now said she would support higher taxes on the wealthiest taxpayers (she was the lone GOP vote in favor of a Democratic proposal to do so last week). And here's another one reconsidering, saying he senses a "change of mood" in his party.

You might have thought that the Occupy Wall Street movement was unfocused, unable to articulate any specific proposals or agendas beyond its beating drums and vague cries of unfairness. But if you think that it hasn't had a very real and profound effect on the political debate in this country, guess again. The debate has shifted, suddenly and momentously, to the Tea Party's 'too much government' mantra,' to one of 'income inequality.' And tha is, at least in my view, an argument with far more resonance and relevancy, both as to the current economic situation, and to the principles of freedom and fairness on which this country was built.

It has also handed the bumbling national Democratic party, which, despite controlling two-thirds of the federal government, had completely lost control of the debate, the strong upper hand. And it has left the House Republicans who rode to office on the Tea Party coattails, gyrating uncomfortably and rather pathetically to explain why they would now oppose an effective increase in the payroll tax for working Americans and make it seem as if it's not simply to simply oppose the president who they loathe. Of course, whether the Democrats will be able to ride this wave through next year's presidential election remains to be seen.

21 Comments:

o_crunk said...

This purse increase situation reminds me of Monmouth when Saratoga opened in 2010. If you have a top horse, even an unraced one, where would you like to win? Saratoga or Monmouth? Gulfstream or Aqueduct inner. And anyway, at the top level, a couple extra thousand dollars in purses here or there aren't going to mean much to some of Toddster's clients. Place seems to matter more to them. I know Monmouth in 2010 produced some key races but for the most part the oversize fields were filled with no-hope horses shipping in from places like Penn National and Charles Town. They were there just for the free money of getting to the gate (not sure if AQU is going to offer the same deal but they might as well to guarantee full fields)

I think what we'll be seeing at AQU this winter is more of what we've seen every winter with just fuller fields. Cheap claimers, ny-breds, etc. When you hear that the likes of Jamie Ness and Juan Serey getting stalls, I think this speaks to the type of quality we'll be seeing for the next couple of months.

To hear some folks talk, you'd think just increasing the purses will increase the quality of the horses. Quality horses are in short supply, slots infused purses aren't. They're everywhere now. It's the same horses running just now for more money.

jk said...

Cuomo's economic plan is tax the rich (millionaires tax) and tax the poor (casino gambling). No talk of creating real jobs with natural gas drilling. Well done Andrew!

Of course the millionaires tax will never extend to public employes who retire in their 40's and 50's with million dollar pensions. The "bad" millionaires have to be taxed to pay the pensions of the "good" millionaires.

El Angelo said...

Calling it a "millionaires tax" isn't really right, because as JK notes, it doesn't tax wealth, it taxes income. The government taxes your wealth when you die.

Anonymous said...

I think we should only tax White millionaires.

Anonymous said...

I think we should only tax Black millionaires.

Anonymous said...

My boy IRAD ORTIZ, JR. bagging a $100k over the weekend in Trinidad (right?), with a fucking amazing ride. I was down for a C-Note on the nose. Keep letting this guy pay your bills.

DIRTY

Anonymous said...

Jerry Jones, owner of the Dallas Cowboys - and may I state here I am a fan of neither the person nor the team - once said (paraphrased) "If you took all the money in the world and divided it up equally among everyone, in ten years the same people would have the same money they have now."

Anonymous said...

Who gives a rats ass what Jerry Jones stated.

SaratogaSpa said...

The current federal tax code has over 3 million words. That's the problem and crony capitalism on both sides got it there.

Anonymous said...

I think we should only tax Muslims.

Anonymous said...

LOL @anon 9:00 AM.

Look, jk, have you done any research on natural gas drilling? Do you want to basically destroy the entire f'ing environment while they frack everywhere? Soon we'll be drinking chemicals instead of water. F natural gas. -jp

jk said...

Can we blame the 1% for this mess????



Judge Rejects Suffolk OTB Bankruptcy Petition
By Tom Precious
Updated: Tuesday, December 6, 2011 12:54 PM

Read more: http://www.bloodhorse.com/horse-racing/articles/66472/judge-rejects-suffolk-otb-bankruptcy-petition#ixzz1fmcWU5hO

Johnnie said...

Hey Alan, must be nice to only have to work about 5 days a month. You 1%er you.

Anonymous said...

Alan definitely is a 1%er.He takes more vacations than any black man,except Obama.

Bill D said...

Anonymous - Since, as a visitor to this site I am, by definition, a gambling man I am willing to wager JK has done much more research than you about the use of fracking chemicals for natural gas drilling, their impact on the environment and the trade-offs inherent in production of any type of energy.

Anonymous said...

Alan, Enjoy yor blog, espicially equine focused. $250M/yr for two workers with kids is hardly millionaire material, come on. As said before, we have plenty of texes and too too too too much spending. There is so much FAT, but our leaders won't cut the FAT to those that elect them. I say no property, no vote, let's go back to that and end the free ride for the bums.

Anonymous said...

Bill, that's the stupidest fucking wager I have ever heard of. And btw, Obama takes less vacation time than Bush did. -jp

Anonymous said...

Multiple sources indicate that 31 months into the presidency (Aug 2011) Bush had taken 225 vacation days and Obama 70. Another dumbassed republican who gets DESTROYED when the facts are revealed. And the same would be true for fracking. But seriously, why do we even need the EPA? The environment is fiiiine. -jp

Anonymous said...

Stop acting like an imbecile jp. Oh but then again that is the norm for ya.

Anonymous said...

Nice burn, tardass. -jp

Anonymous said...

If you were a horse and you were sired by Bandini, your owners would name you Tardini. -jp