Democrat CEO Steve Wynn gets candid:
Well, here’s our problem. There are a host of opportunities for expansion in Las Vegas, a host of opportunities to create tens of thousands of jobs in Las Vegas. I know that I could do 10,000 more myself and according to the Chamber of Commerce and the Visitors Convention Bureau, if we hired 10,000 employees, it would create another 20,000 additional jobs for a grand total of 30,000. I believe in Las Vegas. I think its best days are ahead of it.
But I’m afraid to do anything in the current political environment in the United States. You watch television and see what’s going on, on this debt ceiling issue. And what I consider to be a total lack of leadership from the President and nothing’s going to get fixed until the President himself steps up and wrangles both parties in Congress. But everybody is so political, so focused on holding their job for the next year that the discussion in Washington is nauseating. And I’m saying it bluntly, that this administration is the greatest wet blanket to business, and progress and job creation in my lifetime. And I can prove it and 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. A President that seems — that keeps using that word redistribution. Well, my customers and the companies that provide the vitality for the hospitality and restaurant industry, in the United States of America, they are frightened of this administration. And it makes you slow down and not invest your money.
Everybody complains about how much money is on the side in America. You bet. And 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. And a lot of people don’t want to say that. They’ll say, “Oh God, don’t be attacking Obama.” Well, 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 or 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 to soft peddling it, it’s the truth. It is the truth. And that’s true of Democratic businessman and Republican businessman, and I am a Democratic businessman and I support Harry Reid. I support Democrats and Republicans. And I’m telling you that the business community in this company is frightened to death of the weird political philosophy of the President of the United States. And until he’s gone, everybody’s going to be sitting on their thumbs.
Well, then. The government will just have to step in and compel these businesses to spend their money and create jobs.
For the greater good.
But let’s be careful and not point out the odd resemblances between what Obama and the “progressive” Democrats are peddling, as an economic and social ideology, and, say, socialism or liberal fascism — socialism’s corporatist, crony capitalist precursor (and most likely end stage; somehow, the worker’s paradise just never seems to come about, no matter what well meaning charismatic messiah tries to bring it about).
Such comparisons are, after all, unhelpful, driving away as they do the sensible, moderate and independent voters who evidently can’t bear to hear something called what it is, lest they react to the rupture of their delusion by turning on those who name the thing as it is and, in protest, will vote once again for socialists.
That’ll teach us to be all extremist and stuff.
(h/t Mark Levin, Morning Jolt, and geoffb)
Sometimes it takes a blind man to see the truth.
wow that is very brave and stalwart speaking he makes General Electric’s Jeffy Immelt look like even more of a whore than he already does
Wynn goes on to say he’s a Democrat and that he supports Harry Reid.
The media will try, but they can’t make this a story about some GOP fat-cat CEO attacking Obama.
Add to this the fact that Obama pissed off his economic mentor, Warren Buffet, with his cracks about “corporate jets”.
Buffet just happens to be the largest shareholder in the private jet time-share service NetJets!
Oops!
JugEars McF*ckstick is stepping in it left and right these days.
Wynn has nailed it. We are in the second dip of this recession precisely because of progressive governance, not in spite of the “stimulus”.
Here’s an analogy. Let’s say you’re not feeling well. Your physician prescribes a good blood letting and maybe some leeches.
You are not going to get better until you get a new physician.
What a racist!
WAKE THE FUCK UP, AMERICA!
Wynn obviously hates America.
The whole transcript over at Seeking Alpha is worth a read, especially the second half. When Harry Reid’s good buddy says stuff like:
It’s also very enlightening where Wynn talks about working with foreign governments (specifically the Chinese in Macau), saying “They will pick somebody and then they will make it possible, Mario, for you to have the right location. So I don’t think it’s a question of getting a piece of land. I think it’s about relationships and your reputation.”
I don’t think Wynn would mind if Obama went full-on fascist, so long as Wynn could count on getting some good business deals from the State. His main problem is that the U.S. government is using its inordinate power to harm him instead of helping him.
I got that when he felt the need to throw in his support for Reid, Squid. Said to my wife as Levin was reading from the transcript that that’s the takeaway here.
We haven’t heard that kind of talk except from pure socialists.
Exactly. ONLY a socialist would say things that smack of redistributionism—or that openly call for it—so calling him a socialist is the only accurate way to describe his economic approach.
Why people get the vapors over calling him something he and his proudly embrace is utterly incomprehensible to me.
WYNNING!
Seems to me more like surreptitiously embrace than proudly, if only on account of they know they’d be rejected were they upfront.
Remember this?
Lalalalalalala, I can’t hear you, you dick. You helped reelect Harry Reid so live with it. Lalalalalalala. I mean, welcome to the dark side. Lalalalalalala.
bour3, I’m with you as far as a lack of sympathy toward Wynn, but that doesn’t mean I’m above co-opting him and his arguments to help shrink the scope of federal government. Everything he said about the way that Obama is forcing the productive to sit on their resources and protect themselves is true, and the fact that this is being said by a politically connected, chronic rent-seeker makes it all the more powerful and remarkable.
Wynn is no Tea Partier, but it means something that even he (and presumably others like him) supports our arguments.