we put that on the screen. ainsley: don t google and try to by an abacus. buy the alpaca. ed: there is loophole for gamblers is this true. even if you re a casual gambler, you can count wins against the losses actually claim big tax benefits for gambling losses. if you claim you re a professional gambler, which is kind of a loose term, you can even expense your meals and entertainment and other expenses, travel-related to gambling. we ve had gamblers actually write off about $18.5 billion in 2014 for gambling losses. brian: sadly, you see these poker games on espn, you could actually say it s a profession. meanwhile treasure island tax haven? yes. puerto rico, for example, people are moving to port reek he cojust for the tax benefits because you can, as a resident of puerto rico, if you live there more than 183 days a year
big and excess infrastructure and look for cost on savings. mccain says the president says he will boost our military, he s not delivering. 3%, $18.5 billion. he says it s not enough, that it s a hollow promise. do you agree with mccain? with all due respect to the senator who has been here longer than i have of course, and i ve listened to on him as well, it s a start and something is better than 2340nothing. we have to get the national security apparatus back functioning. that being said, where i would differ with the senator is sxhktly what i said. looking at excess infrastructure that the army says they don t need and looking at programs that are you have to give kudo to the president. he saved a lot of money helping with the f-35 program. we have to look at those programs to say are we using our money in the best way possible and then in-you can tled tcan t needle and get the budget hawks on your side. another big part of fiscal planning will be health care. we just had re
1%. where they gather to celebrate their wealth and their excess. there s no site in the given year that has more private plane traffict to it than the super bowl. it causes traffic jams at local airports. nfl owners, let s be clear how they make their money. the welfare kings of the united states. we re talking $18.5 billion, $900 million a year over the last 20 years for nfl ownership. what you end up having is what i call it a neoliberal horse because you have projected on cities through stadium construction under the guise of sports, which people are more likely to support than if you said, hey, let s give $900 million, let s give a billion dollar gift to a billionaire. when you cloak it in the guise of sports, when you cloak it in the guise of sports we ll take this team and leave then they say it s good economics. that is every single study from the brookings institute to the cato institute says that stadium funding is not good economics.
maybe i just see things other people don t. honestly i wanna see you be brave now for my takeaway. a judge has griffiven the green light for the city of detroit to declare bankruptcy making it the largest municipality in american history to do so. this is the basis for my wednesday takeaway. the city is unable to pay $18.5 billion in debt, including $3.5 billion in unfunded pension obligations to two pension funds. what does this mean in real world? 23,000 retirees and 9,000 current public servants in detroit could lose some or perhaps all of their pension benefits. the benefit of public service is the retirement security in
detroit is the largest u.s. city to file for bankruptcy. it owes some $18.5 billion, almost half of that for health care and union pensions. no matter how the judge rules, it is expected the decision will be appealed. chicago may soon become the first major u.s. city to regulate the sale of e-cigarettes. chicago sun times says mayor emanuel and two alderman are pushing for e cigarettes to be pushed for tobacco products under city laws and mean you cannot smoke them in any place where cigarettes are prohibited. e cigarettes will be sold to minors on january 31st. we will see what happens when it heads to the city council today. walking into a minimart on saturday night they apparently tried to rob the place but the clerk didn t think they were serious because the gun didn t