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STEVE WYNN Goes On Big Rant About Occupy Wall Street, Obama, Deficits, And Anger At The Government
Business Insider ^ | October 19,2011 | Joe Weisenthal

Posted on 10/19/2011 7:22:40 PM PDT by Hojczyk

Classic.

On the conference call for Wynn Resorts, CEO Steve Wynn went on a big rant on Occupy Wall Street, Obama, and deficits.

Here are our notes in raw form. It's all mostly paraphrased.

In a nutshell, he says:

Deficits are killing us, our dollars are worthless, and the Democrats are bankrupting the country and vilifying anyone who's successful. So naturally, people are protesting.

It's very interesting about the folks who are occupying Wall Street.

That group is quite diverse.

There are people in there who think the government should give them more just because they are alive.

There are people who are opposing government spending.

That group is not homogeneous.

What you do have is anxiety and fear that is endemic in the United States of America... due to the government.

I am watching my employees standard of living due to deficits.

The public is making the connection between deficits and their standard of living.

They're seeing their wages go to 80 cent dollars to 70 cent dollars.

I have not been able to keep up with the effect of deficits.

You're seeing that on Occupy Wall Street.

You're seeing it taken to the next level in Greece.

People are trying to break into a parliament primarily controlled by the Unions. There comes a moment when the population realizes that it has to stop.

Rich people are now being defined by the administration as people who make $1 million dollars

Well, most of the businesses in America other than giant corporations are paying taxes under partnerships or S corporations.

One side is right, and one side is wrong. You can not sustain these levels of deficits. The Democrats are bankrupting this country.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Government
KEYWORDS: rant; socialism; stevewynn

1 posted on 10/19/2011 7:22:45 PM PDT by Hojczyk
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To: Hojczyk

Go, Wynn, Go! Time for the American people to speak up about these liberal, socialist, marxist, communist, politicians.


2 posted on 10/19/2011 7:27:16 PM PDT by GunPkrBkr (I'd rather be judged by twelve, than carried by six.)
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To: Hojczyk

Sounds like common sense to me, but, as they say, “Common sense isn’t all that common.” Last time around in the presidential vote, 53 % chose O and it isn’t all that clear he can’t win again particularly if Romney gets the nod.


3 posted on 10/19/2011 7:29:28 PM PDT by JimSEA (The future ain't what it used to be.)
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To: Hojczyk

Neocon: a liberal that got mugged......welcome home, Mr. Wynn.........


4 posted on 10/19/2011 7:33:03 PM PDT by Red Badger (Obama's number one economics advisor must be a Magic Eight Ball.................)
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To: Hojczyk

wow. It’s about time someone in a position to be heard is saying something like this.


5 posted on 10/19/2011 7:34:18 PM PDT by Shadowstrike (Be polite, Be professional, but have a plan to kill everyone you meet.)
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To: Shadowstrike

Open your checkbook.


6 posted on 10/19/2011 7:36:22 PM PDT by scooby321
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To: Shadowstrike

He ripped Obama in Detroit last year as well. The powerful suffer a fool president more than I can fathom.


7 posted on 10/19/2011 7:37:26 PM PDT by eyedigress ((Old storm chaser from the west)?)
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Some Things In Life Are A Surprise


Click The Pic To Donate

Freepathons? Not So Much

Become A Monthly Donor

8 posted on 10/19/2011 7:40:55 PM PDT by DJ MacWoW (America! The wolves are here! What will you do?)
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To: Hojczyk
The Democrats are bankrupting this country.

And yet there are idiots who think that this half white guy and his smokin Joe partner are doing a good job and should be re-elected? The American citizens had damn well better wake up and smell the democrat take down of this country.....

Today Harry Reid said that public sector jobs need to be stimulated??? Wake up America.....

9 posted on 10/19/2011 7:42:55 PM PDT by eeriegeno (<p>)
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To: Hojczyk
Better late than never, Mr. Wynn! Didn't you support Obama as the coming Messiah and didn't you support Reid--most of the casino money did.

You now see the results.

vaudine

10 posted on 10/19/2011 7:45:30 PM PDT by vaudine
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To: Hojczyk

I dunno .. not too keen on Wynn’s empire being based on gambling, for moral reasons .. but he makes quite a few valid points in his ‘rant’


11 posted on 10/19/2011 7:50:08 PM PDT by Mr_Moonlight
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To: Hojczyk

Steve Wynn supported Harry Reid in 2010.

Have a nice day.


12 posted on 10/19/2011 8:18:11 PM PDT by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: Hojczyk

The hippie buffoons are protesting because their dollars just don’t buy as much weed as they used to.


13 posted on 10/19/2011 8:31:42 PM PDT by Newtoidaho (Fight organized crime. Vote out all incumbent Democrats!)
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To: Mr_Moonlight

From what I’ve read Mr Wynnn has received many millions in US taxpayer handouts called economic development in NJ and likely elsewhere. They all talk up and about tightening strings on spending except when they are on the receiving side. Wynnn and his gambling meccas plays both ends against the taxpayer and he gets cronies in government to use eminent domain.

http://www.njpp.org/blog/what-did-nj-get-for-1-billion-about-5000-fewer-jobs

He talks but all I hear is hypocrisy. Free market capitalism means no government handouts to special connected businesses, period.


14 posted on 10/19/2011 8:39:15 PM PDT by apoliticalone (Honest govt. that operates in the interest of US sovereignty and the people, not global $$$)
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To: Red Badger

yes.


15 posted on 10/19/2011 8:54:24 PM PDT by ken21
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To: Tzimisce

Thanks. I was just gonna say “Steve who???”

Figures. Business insider blog. Can’t figure out the fascination folks around here have for it.


16 posted on 10/19/2011 9:08:48 PM PDT by Larry Lucido ("#Occupy America" is a great success! I got mail today addressed to "Occupant"!)
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To: GunPkrBkr

I’m not seeing anything in this column except a stream of consciousness. What exactly, if I may ask, is so incisive about what this guy, whoever he is, is saying?

In fact, I’m not seeing anything even coherent, let alone incisive.

I’ll admit, it could just be me.


17 posted on 10/19/2011 9:11:27 PM PDT by Larry Lucido ("#Occupy America" is a great success! I got mail today addressed to "Occupant"!)
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To: Hojczyk

I know I’m beating this to death, but you posted this without even commenting. So I’ll ask you: What nuggets of gold are you finding in this column?


18 posted on 10/19/2011 9:13:08 PM PDT by Larry Lucido ("#Occupy America" is a great success! I got mail today addressed to "Occupant"!)
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To: Larry Lucido

The Democrats are bankrupting this country!


19 posted on 10/19/2011 9:17:14 PM PDT by GunPkrBkr (I'd rather be judged by twelve, than carried by six.)
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To: GunPkrBkr

Oh for sure!

I just didn’t see anything particularly enlightening in this guy’s stream of consciousness. In fact, I saw a lot of equivocating. The same Tea Party equals Occupy crap I’ve seen from a lot of commentators.


20 posted on 10/19/2011 9:22:04 PM PDT by Larry Lucido ("#Occupy America" is a great success! I got mail today addressed to "Occupant"!)
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To: vaudine

Mr. Wynn is one of the “smart” people who put an African Marxist in the White House? The racist community organizer from Chicago? And he’s suprised to see him rack up deficits and go after the rich after Obama said he was going to “fix the economy” through wealth transfer? Wynn has never heard of Detroit?

What a bunch of bumbling idiots our “elite” are!


21 posted on 10/19/2011 9:34:38 PM PDT by SaraJohnson
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