Atlantic City's Poor Endure Storm Quietly, Humbly
ATLANTIC CITY, N.J. (AP) â¿¿ Atlantic City's poorest residents had next to nothing going into the storm, and they came out of it with even less.
In the shadow of multibillion-dollar casinos that now boast of having come through Superstorm Sandy just fine, urging gamblers to return with their wallets, many of the seaside gambling resort's least fortunate endure hardship with quiet resignation â¿¿ even gratitude for the help they're getting.
Some lost heat, hot water or electricity for days, weeks. They lost many of their meager possessions, their food, and most of their clothes. But instead of complaining about what they don't have, many say they feel blessed for what remains.Lonzie Tolbert's basement took on 6 feet of water, ruining his furnace. He has no heat, so he burns small pieces of wood and scraps of paper in a fireplace to try to keep warm. He has no hot water, so he tries to heat some in a kettle near the fireplace. "You do the best you can with what you have," said the 84-year-old Tolbert, sunning himself on a 66-degree afternoon outside his home three blocks from Revel, a $2.4 billion casino resort. "I can't complain and I'm not hollerin'." Life was tough for many Atlantic City residents even before the storm hit Oct. 29. One in four Atlantic City residents lives in poverty, according to Census figures, a rate that has remained unchanged since 1970. That's well above the national rate. When an emergency shelter at the Atlantic City Convention Center closed over the weekend, 100 people were still there and had to be moved to hotels, the Atlantic City Rescue Mission, or to the homes of friends. And about 20 percent of the apartments at Stanley Holmes Village, a 443-unit low-income public housing project, remain uninhabitable since the storm.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV