Wynn the future: Harry Reid booster Steve Wynn trashes Obama

I’m saying it bluntly, that this administration is the greatest wet blanket to business, and progress and job creation in my lifetime …

Casino mogul Steve Wynn describes himself as a Democratic businessman and Harry Reid supporter. While supporting McCain in 2008, his wife drank the Kool Aid. But like many astute businessmen, Wynn cares more about business than politics and is not above supporting Republicans when necessary, or excoriating a Democrat president either.

Wynn’s press conference rant drew Business Insider’s attention:

…I’m saying it bluntly, that this administration is the greatest wet blanket to business, and progress and job creation in my lifetime … I could spend the next 3 hours giving you examples of all of us in this market place that are frightened to death about all the new regulations, our healthcare costs escalate, regulations coming from left and right. [Obama] keeps using that word “redistribution.”

…until we change the tempo and the conversation from Washington, it’s not going to change. And those of us who have business opportunities and the capital to do it are going to sit in fear of the President … this is Obama’s deal and it’s Obama that’s responsible for this fear in America.

The guy keeps making speeches about redistribution and maybe we ought to do something to businesses that don’t invest, their holding too much money. We haven’t heard that kind of talk except from pure socialists. Everybody’s afraid of the government and there’s no need soft peddling it, it’s the truth.

Well, even Krugman thinks it’s 1937 again.

By the way, Steve, your buddy Harry Reid helped Obama significantly to realize his “accomplishments”. Maybe it’s past time you considered downgrading his freebies. Just sayin’.

http://youtu.be/LTbjcKZzrmM

– Written by Bonfire of the Absurdities

Source: Business Insider

Steve Wynn came down off the top of his casino – the view of Washington made him sick

Steve Wynn: “Macau has been steady. The shocking, unexpected government is the one in Washington.” He’s concerned about the prospect of inflation, of FHA repeating the mistakes of Fannie and Freddie, and the cost to business from the new healthcare law.

Mandatory viewing is required of the following video. Then send the link to this page to your favorite elected officials.

Just a few common sense quotes from the video that takes more than the single remaining neuron in Washington to process:

“Is there a businessman or a media person in America that […] isn’t frightened about the next crazy idea coming from Washington?”

“The financial institutions, the cars, the businessmen, the taxes, the healthcare, everything is cookoo and God knows what’s next”

Wynn speaks of “wild, uncontrolled spending,” and “unbelievable, unsustainable debt”. As he plans to split his company headquarters between Las Vegas and Macau, with a bigger emphasis on Macau because of its tremendous profitability, he has no qualms about dealing with the Chinese government.

“Macau has been steady. The shocking, unexpected government is the one in Washington.”

He’s concerned about the prospect of inflation, of FHA repeating the mistakes of Fannie and Freddie, and the cost to business from the new healthcare law. “We’re on our way to Greece, in the hands of a confused, foolish government,” Wynn says. “It’s got to stop. It’s got to stop.”

If the crack IHTM.com team hadn’t blown all our petty cash in Wynn’s casino, we’d buy him a drink!

Source: CNBC.com

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