IMHO; Local 54 is using Revel as a short-sighted bargaining position ... not as a "practical manner". If Revel would enter into a union agreement with Local 54 today ... there would be no protest from Local 54's President Bob McDevitt, and he would call off his dogs.

Red China is already loaning huge amounts of money to the U.S. with the blessings of the U.S. government. $300 million to them is chump change. What's the difference if Revel gets its financing from Red China or Wall Street? Wall Street obviously doesn't want to take the risk, so let the Chinese accept the risk. We have no problem buying oil from "unfriendly nations".

The $300 million tax break to Revel is only after Revel opens ... in the way of kickbacks of sales tax and room tax revenues and is not money coming out of taxpayers pockets. We have that now in Jersey with UEZ tax zones throughout the state where only a 3% sales tax is collected instead of 6%, a 50% reduction in sales tax collections, and it's been going on for more than 20 years now.

If the building never gets completed and no taxes are collected by Revel ... there will be no room tax/sales tax revenues for the State to kick back to Revel for 10/20 years. Meanwhile, all the taxes the state would have collected from gaming revenue, employee witholding taxes, and taxes collected from future construction wages and spin-off ancilliary services from local businesses and services will not happen, including road widening and residential neighborhood improvements in town all the way out to Route 30.

This is a very complex issue.