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Again, Steve Wynn is spot on

May 28, 2010 Leave a comment

About a month ago, Wynn sounded the alarm on the idiocy coming out of Washington.

CNBC had an interview with Wynn this week, and he was even more adamant about his concerns:

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.”

Clearly Wynn hasn’t been drinking the Kool-Aid.  And just like last time, what the hell does he know?  He’s only a successful, self-made millionaire right?

Steve Wynn: Obama’s policies are ruining the economy

April 22, 2010 3 comments

Steve Wynn is one of the country’s wealthiest entrepeneurs, a self-made man and capitalist in the truest sense of the word.  If you’ve been to the Bellagio hotel/casino in Vegas, you can thank Steve Wynn.

You would think he knows a thing or two about business, about creating wealth.  You would be correct:

“The economic outlook in the United States, the policies of this administration, which do not favor job formation, do not encourage investment at all.”

[…]

“The governmental policies in the United States of America are a damper, a wet blanket,” Wynn said in Macau. “They retard investment, they retard job formation, they retard the creation of a better life for the citizens in spite of the rhetoric of the president.”

A wet blanket indeed.  Every time this President and his Democratic flying monkeys in congress open their mouths it’s about punishing the productive class–investors, capitalists, risk-takers, small businesspeople, the engine of economic growth in the United States–with onerous tax increases, regulations, etc. 

Funny how the President, who never worked a day in the private sector somehow knows what makes it tick.  While in actuality, he and his congressional cohorts are intent on destroying it. 

Somehow I don’t think the administration cares about what people like Steve Wynn have to say.  But then again, what does Steve Wynn know anyway?