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July 18, 2011
The Thumb-Sitting Will Continue Until Morale Improves: "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." -- Steve Wynn from Wynn Resorts' CEO Discusses Q2 2011 Results - Earnings Call Transcript - Seeking Alpha
Posted by Vanderleun at July 18, 2011 6:46 PM. This is an entry on the sideblog of American Digest: Check it out.
Your Say
It would be good if Wynn could get his thumb out of his ass. Harry loves him some Obama, so if you support Harry, you support Obama.
Wynn, like Krugamn, also adores the Chicoms.
Posted by: Anonymous at July 18, 2011 7:17 PM
We tried to warn him.
Posted by: Fat Man at July 18, 2011 10:03 PM
@Anonymous - I've never understood that line of thinking: "I support the guy, who supports the guy, who is killing my business and I can't find any fault to my logic."
Steve Wynn is running a fairly successful business so he's probably not a "maroon", to quote Bugs, but I can't imagine why he would support Reid while blasting Obama.
Posted by: Tom at July 19, 2011 1:38 AM
Posted by: Peccable at July 19, 2011 5:21 AM
Money has politics. By its nature private money limits government. That is what this civil war is about. We have changed from a country evolved through business which was independent of government to a country dominated by government.
Wynn is a capitalist. That is a talent. The political theory came second, and most capitalist are ignorant of it. This is true of most capitalists. Buffet and his buddy Gates could no more defend it than George Soros.
Posted by: james wilson at July 19, 2011 7:22 AM
but I can't imagine why he would support Reid while blasting Obama
Because he's a fool with no principles?
Posted by: Don Rodrigo at July 19, 2011 9:43 AM
And until he's gone, everybody's going to be sitting on their thumbs
OK. that's a strategy. We'll sit it out until Obama's gone. Hope that's January, 2013.
Posted by: Don Rodrigo at July 19, 2011 9:45 AM