Warning: Christmas presents, like these ones, should be avoided in excess: they could turn your young ones into horrific adults. (Image: telegraph.co.uk)
Excessive xmas presents can turn children into dysfunctional grownups whom are prone to gambling and relationship problems, claims a tough-love that is new study through the University of Missouri as well as the University of Illinois.
The research, which thankfully came at the optimal time because we had been just about to go and do our Christmas shopping, warns moms and dads that buying kids everything they want can cause them problems in subsequent life.
It’s also saved us a fortune that is absolute!
Even though the news that spoilt kids make lousy adults may possibly not be completely earth-shattering to our readers, this the first time that a scientific research has suggested a hyperlink between overindulged young ones 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 part 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.
Grownups who define themselves or others by their possessions are at a higher risk of gambling problems, marital breakup, debt and generally speaking decreased well-being.
Materialistic Adults
The study surveyed more than 700 grownups and asked respondents to report on a wide variety of childhood experiences involving their and the rewards and punishments they received.
‘Our research implies that kiddies who receive numerous material benefits from their parents will probably continue rewarding on their own with material goods when they’re grown, well into adulthood, and this could possibly be problematic,’ explained Richens. ‘Our research shows the worthiness of examining childhood circumstances and parenting practices to know consumer actions of adults.
‘Loving parents tend to deliver material rewards to their children,’ Richins said. ‘One explanation for the link between material rewards and later on materialism is that kiddies who receive these benefits are more likely than others to use possessions to define and enhance by themselves, an element that is essential of.’
Christmas is Canceled
Doting mothers and dads should take notice that, according to the research, the following three parental techniques are most likely to turn their children into potentially obnoxious adults: rewarding children with gift suggestions when they have accomplished something, such as for example making the soccer team or getting directly A’s; giving gifts as a way to show affection; punishing children by firmly taking away their possessions, such as for instance a toy that is favorite video game.
As Lan Chaplin, associate professor of marketing at the University of Illinois, who additionally contributed to the study, explained: ‘It’s OK to are interested things for your young ones, but make every effort to encourage them to be grateful for all your people and things they have inside their lives,’ Chaplin said. ‘Each time children express their gratitude, they be a little more aware of exactly how lucky these are typically, which paves the real way in order for them to be more good and less materialistic.’
OK, well, we’re going to skip your whole xmas present thing completely this present year, in order to be in the safe part. Whenever we get one flaw it’s that we have been too caring.
Trump Taj Mahal Will Remain 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 embattled Atlantic City casino.
And now, thanks up to a new infusion of cash, it appears as though the resort will stay open for at the very least a bit that is little.
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 give all edges involved an opportunity to work down a settlement that would keep consitently the casino open at the end of those talks, rather than begin to see the Taj Mahal turn off or liquidated.
Loan Are Going To Be Considered at Hearing january
Trump Entertainment lawyer Erez Gilad told US Bankruptcy Judge Kevin Gross that the loan, which was arranged last week, had enabled the organization to request that the closing date for the casino be pushed right back indefinitely.
While that demand won’t be considered until a court hearing in January, the Taj Mahal is guaranteed to keep open until at minimum that court date.
The loan won’t be enough to keep carefully the casino open forever: Judge Gross even remarked that it probably wouldn’t be enough to keep carefully the casino running for a full year.
Nonetheless, it should provide a window for continuing negotiations between Trump Entertainment, the workers for the Unite Here Local 54 casino union, state and city officials, and Icahn.
The interplay that is complex each of these events has made the bankruptcy proceedings difficult to navigate, even since it seems at times as if progress has been made.
In current months, state lawmakers was in fact working towards passage of the package of bills that would offer tax cost and relief certainty to Atlantic City’s casinos.
At the same time, the union representing the Taj Mahal’s workers had been in negotiations with Trump Entertainment throughout the future of these benefit plans.
The workers had appealed a bankruptcy court decision that could have allowed the company to break the union to their contract, while Trump Entertainment said they were ready to agree to displace some benefits if the union would drop their appeal.
Near Agreement Evidently Blocked by Icahn
In the week that is last it appeared as if the union and Trump Entertainment had come to a contract that both sides could accept. 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, however it is unfortunate that anyone could put the brakes on all that,’ said Local 54 president Bob McDevitt.
Lawmakers then reacted by postponing votes on the income tax aid bills, citing the possible lack of agreement between the parties in the Taj Mahal dispute.
‘Icahn has to come to the table and make a deal,’ said Assemblyman Vince Mazzeo County that is(D-Atlantic).
Meanwhile, Icahn characterized his $20 million loan as being a good faith gesture towards a later contract, even if one wasn’t reached appropriate now.
‘Even that it would be a better financial decision for me to let the Taj close and wait to see whether a global settlement can be reached,’ Icahn wrote in a letter to Trump Entertainment CEO Robert Griffin though I believe that Atlantic City will be great again someday, many people would still argue. ‘But I may not be so callous as to let 3,000 hardworking people lose their jobs while a worldwide settlement with the state and union, which may enable us to turn the Taj around, as we’ve finished with so many other ailing companies, remains a possibility.’
Southern Tier Officials Call on Ny To Award casino License that is 4th
Southern Tier officials are upset that local proposals such as for instance the one at Tioga Downs were passed over in New York’s casino recommendations. (Image: WENY News)
The ny casino certification battles remains hot even after last week’s statement by the Gaming Facility Location Board that only three upstate casinos will be recommended.
Officials in nyc’s Southern Tier are asking for that the state reconsider allowing a casino in the region, while A native American tribe’s announcement of a brand new facility threatens to help expand complicate the local market.
The Southern Tier, part of New York State that borders northern Pennsylvania, was combined with the Finger Lakes right into a licensing that is single for the purposes of the latest York’s casino expansion.
Local officials had hoped that certain of two proposals in the tier that is southern be chosen, however the recommendation for a guaranteed license for the location instead went to Lago Resort & Casino in Tyre, a Finger Lakes location.
State Just Recommended Three of Four casinos that are possible
The state board also suggested one casino into the Catskills, and another in Schenectady, near Albany. They did maybe not, however, advise that a fourth license be awarded, regardless of the undeniable fact that the state’s laws permitted for one area to be given a casino that is second.
While most observers expected a 4th casino would have gone towards the Hudson Valley-Catskills region, that was seen while the most lucrative, Southern Tier officials are now lobbying for it to be utilized to offer them a casino instead.
‘ We need a chance,’ said State Senator Thomas Libous (R-Binghamton). ‘the jobs are needed by us. This area of the state happens to be harming for quite a while, and there’s a license that is fourth all of us understand is available. Once more, I’m asking for that 4th permit to be granted in the true Southern Tier region.’
Lawmakers Interest Governor
Other officials have also expected Governor Andrew Cuomo to locate a 4th casino in Tioga County, including United States Representative Tom Reed (R-New York) and Assemblywoman Donna Lupardo (D-Endwell). However the continuing state board said that they were quite clear in their recommendations.
‘ We reached a unanimous consensus that these three selections we made have the greatest shot for success,’ said Gaming Facility venue Board Chairman Kevin Law. ‘There shouldn’t be a fourth.’
For Jeff Gural, who owns Tioga Downs who had hoped to expand the racetrack into a fully-fledged casino, that description simply isn’t sufficient.
‘we think it is clear that no one understands why the Southern Tier, that has been promised a license, did not get yourself a license,’ Gural said.
Governor Cuomo has pledged to give the Southern Tier the sort of special financial attention in their second term that he gave Buffalo in his casino-online-australia.net first term as governor.
Locals feel as if the region has been largely shunned in the week that is past both due to the casino decision and a fracking ban announced last Wednesday.
Oneida Nation Announces New Casino Project
Meanwhile, the Oneida Indian Nation has announced which they intend to start a $20 million casino that is oz-themed Chittenango in 2015, just 14 miles east of Syracuse. The statement of the small facility came just four days after the state board made their commercial casino recommendations, therefore the brand new casino will be only about 60 miles away from the Tyre resort. However, Oneida officials say that their plans had been into the ongoing works a long time before that announcement.
‘It’s the way the timing worked out,’ Oneida spokesman Joel Barkin told Capital New York.