Sorry for the title, but I just can’t even hold it back anymore.

Anyone else see this post on the Dispatch’s Daily Briefing blog this afternoon is going to have the same reaction.  This was a one-year consultancy agreement:

Gaming expert to make $15 million from state

Moelis, which along with Spectrum Gaming was hired to advise Kasich on casinos and other gambling-related issues in Ohio, will be paid a monthly retainer fee of $200,000 over the year-long contract. Additionally, the Los Angeles-based company can earn up to $13 million in incentives fees.

According to the contract, which was provided to The Dispatch by the Ohio Department of Administrative Services, Moelis is owed 3.25 percent of the state’s added estimated revenue from gaming – capped at $13 million.

The Dispatch indicates that the other gambling consultant Kasich hired doesn’t have a similar deal.

Still.

$200,000 a month.  Plus, up to $13,000,0000 in incentives that are based on nothing more than if Ohio can engineer a gambling environment that maximizes its revenues above all else.

I bet it was really hard to get them to agree to cap it at $13 million, what with their stunned laughter at the negotiating table and all.

Remember this, we can’t afford a modest step increase for teachers based on their length of service, but we can give an out-of-state business MILLIONS of our revenue in a singe contract.

This is a joke, right?  This is like some weird, belated April Fools Day joke.  We cannot possibly be paying one of two consultants $200k a month a potential payout up to $13 million for only a year’s worth of consulting, right?

We got to curtail collective bargaining in this State so John Kasich can afford to give Bob Evans a tax break to move from Columbus to New Albany and so he can hire consultants to tell him and his Casino Commission what to do.

Wow.

Hey, here’s some free advice for the Governor on how he could get the casinos to raise more revenues for the State:

Get them actually built.

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  • dlw

    Hmmm… was that $200k in the budget somewhere? Or is the budget gonna have to be tweaked in order to send out that paycheck? What the heck, let’s cut some more from the schools!!!

  • Anonymous

    OMG! How did Kasich enter into this contract? Did the controlling board approve it? This is very disgusting. While he is cutting school programs, foodbank programs, and nursing home funding, he is giving Spectrum Gaming our money!!! Are there any past ties that Kasich has with this company from his Lehman days? Could this be another one of those FOK (friends of Kasich) deals??

  • Xx

    John you just fucked up BIG TIME.

  • Guest

     What do you mean “just”. This is his goal. To wreck everything to make it easier for his real constituents take over of us.

  • Guest

    FOK the low down dirty dog evil get paid and we get the “payback”.  Wake me when the nightmare is over.

  • Anon

     Way to create jobs somewhere else. We can’t afford evil Prince John and his band of evil minions.

    He doe’sn’t care about revenue except to make evil rich people richer so that he can become overpaid and evil rich himself. He should have stayed in Wall $treet. He would do less damage.

  •  Holy shitballs. I guess the Jobs Budget is creating at least one good job.  O_0

  •  Well, you wouldn’t want Kasich to veer far from his Koch Brothers and ALEC-proposed plan of taking over states (MI, WI, FL, NH, etc) authority so that the Republican party can eventually RUIN (oops, I meant Run 😉 ) this country did you?

  • Anonymous

    I knew I was wasting my time in college studying economics – I should have taken a class in roulette.   

  • Anonymous

     How is this even legal? The state’s share of gambling revenues is allocated among a variety of programs (addiction, public safety, casino commission, etc) by the CONSTITUTION. How can they just carve out a piece of it and give it to someone else? And I echo stubbornliberal – did Controlling Board approve this? Guess I need to go look…

  • Anonymous

     UNBELIEVABLE! I just read the article. The consultant fees are coming out of the Lottery Commission’s budget. The Lottery, whose profits are constitutionally required to be spent on education. It’s funny, because I had been wondering why the amount of profits the Lottery promises to deliver to the state in FY 2013 goes down, despite year after year of record profits. They claimed in their budget testimony it was because of competition from casinos. Now it looks more like it’s from payment to casino consultants. 

    Proceeds from the sale of lottery games are supposed to go to education, unless it is part of the operations of the lottery itself, in which case it eats into those profits.

    This needs to be investigated further. At best, it’s Kasich taking $15 million MORE out of public education. At worst, it’s a violation of the Ohio constitution. 

    And for WHAT, exactly? What are these consultants going to tell him – that the CAT tax applies to casinos? His own Tax Commissioner has already told him that. Poor Joe Testa must be sad won’t get a multi-million $$ bonus for that advice. What a ripoff!

  • Anastasjoy

    The constitution is for the “little people,” not for the governor. I think Kasich subscribes to that statement of Nixon’s “When the President does it, that means it’s not illegal.” In his case, it’s “When the governor does it, he’s not bound by the state constitution.”

  • Anastasjoy

    Well, Kasich already said he wants to privatize the Lottery which is considered extremely well-run as a public entity. So maybe he’s trying to prove it can’t pay its expenses efficiently so he can have cover for wanting to sell it off.

  • OK, so there are two firms being hired – one will work with the lottery and gaming commission, and the other one will work specifically for the Ka$ick administration.

    http://www2.nbc4i.com/news/2011/may/16/casino-contractor-19361-vi-28479/

    Now, does everyone remember the blowhard apologists for Emperor Kasuck saying how his administration will work more cheaply than Strickland’s did? Yeah… and it was turning out that his whopping savings were only ONE HALF OF ONE PERCENT, or about $35,000, versus Strickland? Yeah.

    Well whaddya got to say for yourselves now, bitches? Not only has Kim John Il overspent on salaries by $15 MILLION bucks, but that money isn’t even going to be staying in Ohio. Simply brilliant. Makes ya wonder what dazzling batch of dipshittery will ooze out of the teabagger’s 49% governor’s office next.

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