Warning: Christmas gifts, like these ones, should be prevented in excess: they are able to turn your kiddies into horrific adults. (Image: telegraph.co.uk)
Excessive Christmas gifts can turn children into dysfunctional grownups whom are more prone to gambling and relationship problems, claims a new tough-love joint study through the University of Missouri plus the University of Illinois.
The research, which thankfully came at the optimal time they want can cause them problems in later life because we were just about to go and do our Christmas shopping, warns parents that buying their children everything.
It’s also saved us a fortune that is absolute!
As the news that spoilt kids make lousy adults might not be completely earth-shattering to our readers, this the time that is first a scientific research has recommended a link between overindulged kiddies and gambling problems.
But according to Professor Marsha Richins during the University of Missouri, whom led the study, showering kids with high-end presents as an element of a parenting strategy will spawn materialistic adults, and this is bad.
Such adults are likely to believe that success in life is defined by the quality and quantity of their material possessions and that only the acquisition of more will make them feel happy, attractive, or fulfilled.
Adults whom define by themselves or others by their possessions are at a much higher risk of gambling problems, marital breakup, debt and generally speaking reduced well-being.
The study surveyed more than 700 adults and asked participants to report on a wide variety of childhood experiences involving their and the benefits and punishments they received.
‘Our research implies that kiddies who receive many material benefits from their parents will probably continue rewarding on their own with material goods when they’re grown, well into adulthood, and also this could possibly be problematic,’ explained Richens. ‘Our research features the value of examining childhood circumstances and parenting practices to understand customer habits of adults.
‘Loving parents tend to offer kids with product rewards,’ Richins said. ‘One explanation for the hyper link between material rewards and later materialism is that kiddies who receive these rewards are more likely than others to use possessions to define and enhance themselves, a crucial section of materialism.’
Xmas is Canceled
Doting mothers and dads should take note that, according to the research, the following three parental techniques are most likely to turn their children into potentially obnoxious adults: rewarding children with presents when they have accomplished one thing, such as making the soccer team or getting directly A’s; giving gift suggestions in order to show love; punishing children by taking away their possessions, such as for instance a toy that is favorite video game.
As Lan Chaplin, associate teacher of marketing during the University of Illinois, whom additionally contributed to the study, explained: ‘It’s OK to are interested things for your children, but remember to encourage them to be grateful for all the people and things they have inside their life,’ Chaplin said. ‘Each time kids express their appreciation, they be aware of just how fortunate they’ve been, which paves the way for them to be more substantial and less materialistic.’
OK, well, we’re going to skip the entire Christmas present thing completely this season, in order to be on the safe side. Whenever we have one flaw it’s that we’re too caring.
Trump Taj Mahal Will Stay Open Into 2015
A $20 million loan from Carl Icahn will keep the Trump Taj Mahal in operation while an agreement that is long-term negotiated. (Image: Huffington Post)
The Trump Taj Mahal has seen two scheduled closing times come and go, nevertheless the lights are nevertheless on at the Atlantic City that is embattled casino.
And now, thanks up to a new infusion of money, it appears as though the resort will stay open for at the very least a small bit longer.
Trump Entertainment Resorts lawyers said this that investor Carl Icahn has loaned the company $20 million, an amount that should allow the casino to stay open for some time while bankruptcy procedures continue to play out in court week.
That will offer all edges included the opportunity to work a settlement out that would keep carefully the casino open at the end of those talks, rather than begin to see the Taj Mahal shut down or liquidated.
Loan Is Considered at Hearing january
Trump Entertainment attorney Erez Gilad told US Bankruptcy Judge Kevin Gross that the mortgage, which was decided the other day, had enabled the organization to request that the closing date for the casino be pushed straight back indefinitely.
The Taj Mahal is guaranteed to stay open until at least that court date while that request won’t be considered until a court hearing in January.
The loan won’t be enough to keep carefully the casino open forever: Judge Gross even pointed out that it probably would not be enough to keep consitently the casino running for the year that is full.
But, it should provide a screen for continuing negotiations between Trump Entertainment, the employees for the Unite Here Local 54 casino union, city and state officials, and Icahn.
The complex interplay between most of these events has made the bankruptcy proceedings difficult to navigate, even as it seems at times as though progress has been made.
In present months, state lawmakers have been working towards passage of the package of bills that would offer tax relief and expense certainty to Atlantic City’s gambling enterprises.
The union representing the Taj Mahal’s workers had been in negotiations with Trump Entertainment over the future of their benefit plans at the same time.
The workers had appealed a bankruptcy court decision that will have allowed the company to break the union to their contract, while Trump Entertainment stated they were ready to agree to restore some benefits if the union would drop their appeal.
Near Agreement Apparently Blocked by Icahn
In the week that is last it appeared as if the union and Trump Entertainment had arrived at a contract that both sides could consent to. But union officials said late last week that Icahn scuttled the deal.
‘We and everybody thought that is else could start moving Atlantic City forward, but it is unfortunate that one person could place the brakes on all that,’ said Local 54 president Bob McDevitt.
Lawmakers then reacted by postponing votes on the tax aid bills, citing the lack of agreement between the parties in the Taj Mahal dispute.
‘Icahn has to come to the dining table and make a deal,’ said Assemblyman Vince Mazzeo (D-Atlantic County).
Meanwhile, Icahn characterized his $20 million loan being a good faith gesture towards a later agreement, even if one wasn’t reached appropriate now.
‘Even though we believe that Atlantic City will be great again someday, many people would nevertheless argue that it could be a better financial decision for me personally to let the Taj close and wait to see whether a worldwide settlement are reached,’ Icahn had written in a letter to Trump Entertainment CEO Robert Griffin. ‘But I cannot be so callous as to let 3,000 hardworking people lose their jobs while a settlement that is global the state and union, which would allow us to turn the Taj around, as we’ve done with therefore numerous other ailing businesses, remains a possibility.’
Southern Tier Officials Call on New York To Award 4th Casino License
Southern Tier officials are upset that local proposals such as the one at Tioga Downs were passed over in New York’s casino recommendations. (Image: WENY News)
The New York casino licensing battles remains hot even after last week’s statement by the Gaming Facility Location Board that only three upstate casinos will be suggested.
Officials in ny’s Southern Tier are requesting that the state reconsider allowing a casino in your community, while A native American tribe’s announcement of the new facility threatens to help complicate the local market.
The Southern Tier, part of New York suggest that borders northern Pennsylvania, was combined with the Finger Lakes into a licensing that is single for the purposes of New York’s casino expansion.
Local officials had hoped that certain of two proposals in the tier that is southern be chosen, but the recommendation for a guaranteed license for the region instead went to Lago Resort & Casino in Tyre, a Finger Lakes location.
State Just Suggested Three of Four casinos that are possible
The state board also suggested one casino within the Catskills, and another in Schenectady, near Albany. They did perhaps not, however, suggest that a 4th license be awarded, inspite of the undeniable fact that the state’s laws allowed for one area to receive a second casino.
While most observers expected a 4th casino would have gone to your Hudson Valley-Catskills area, that was seen while the most lucrative, Southern Tier officials are now lobbying them a casino instead for it to be used to give.
‘ We need an opportunity,’ said State Senator Thomas Libous (R-Binghamton). ‘We need the jobs. This an element of the state was harming for a while, and there’s a license that is fourth most of us understand is available. Again, casino-online-australia.net I’m seeking that fourth permit to be granted in the real Southern Tier region.’
Lawmakers Attract Governor
Other officials have also expected Governor Andrew Cuomo to choose a casino that is fourth Tioga County, including United States Representative Tom Reed (R-New York) and Assemblywoman Donna Lupardo (D-Endwell). Nevertheless the continuing state board said they had been quite clear within their recommendations.
‘ We reached a unanimous consensus that these three selections that we made have the shot that is best for success,’ said Gaming Facility Location Board Chairman Kevin Law. ‘There shouldn’t be a fourth.’
The owner of Tioga Downs who had hoped to expand the racetrack into a fully-fledged casino, that explanation simply isn’t enough for Jeff Gural.
‘I think it is clear that no one understands why the Southern Tier, that was promised a permit, did not get yourself a license,’ Gural said.
Governor Cuomo has pledged to offer the Southern Tier the sort of special financial attention in his second term he gave Buffalo in their first term as governor.
Locals feel as if the location was largely shunned into the previous week, both because of the casino decision and a fracking ban established last Wednesday.
Oneida Nation Announces New Casino Venture
Meanwhile, the Oneida Indian Nation has announced which they want to open a $20 million casino that is oz-themed Chittenango in 2015, just 14 miles east of Syracuse. The statement for the small facility came just four days after the state board made their commercial casino recommendations, therefore the new casino will be only about 60 miles away from the resort that is tyre. However, Oneida officials say that their plans were into the ongoing works a long time before that statement.
‘It’s the way the timing resolved,’ Oneida spokesman Joel Barkin told Capital New York.