Keyword: stevewynn
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.... When asked what happened to the proposal, Wynn said he was unsure what President Obama would do next. “I’m afraid of the president,” said Wynn. “I have no idea what goofy idea, what crazy, anti-business program this administration will come up. I have no idea. And I have to tell you, Jon, that every business guy I know in the country is frightened of Barack Obama and the way he thinks.” The hotel tycoon claimed that President Obama had attempted to put himself between him and his employees by resorting to class warfare, and said he cannot stand being...
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Casino magnate Steve Wynn was recently interviewed by Jon Ralston, host of "Face to Face with Jon Ralston," on Nevada's NBC affiliates. For much of the interview, he was highly critical of President Obama and his policies. This is not a new position. Wynn has gone after Obama in his company's earnings conference calls. What was new was his aggressive criticism of the Federal Reserve's current easy monetary policy, comparing quantitative easing to a Ponzi scheme: "The demand for American bonds wasn't as great as what it used to be. So what we did is what Bernie Madoff went to...
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On the Tuesday broadcast of the nightly Nevada political program "Ralston Reports," Steve Wynn, CEO of Wynn Resorts sat down with host Jon Ralston to discuss the presidential election. Wynn, an outspoken critic of President Obama, didn't hold back in his latest criticism of the incumbent president seeking a second term. "I'll be damned if I want to have him lecture me about small business and jobs. I'm a job creator. Guys like me are job creators and we don't like having a bull's-eye painted on our back," Wynn said about Obama to Ralston. An excerpt of the interview is...
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Joe Francis has just been ordered to pay casino mogul Steve Wynn ANOTHER $20 million -- on top of the $20 million he was ordered to cough up yesterday. The additional $20 million is for punitive damages in Steve Wynn's defamation lawsuit against the "Girls Gone Wild" honcho, in which Wynn claimed Francis made bogus claims that Wynn threatened to have him murdered over a gambling debt. Francis was hit with $20 million in compensatory damages yesterday -- for statements made to TMZ, "Good Morning America," and more. All told, Francis has to pay Wynn $40 million. Wynn has promised...
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“You’re headed for a one-term presidency,” Jobs told Obama in a meeting last year where he asserted that the White House needed to be more friendly toward business, according to the Huffington Post, which obtained a copy of the Walter Isaacson’s forthcoming book, “Steve Jobs.” Jobs also told Obama that “regulations and unnecessary costs” put the United States at a competitive disadvantage with China, where companies can build factories more cheaply. The recently deceased Jobs also told Obama that the education system was “crippled by union work rules,” according to Isaacson. Jobs proposed principals be able to hire and hire...
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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...
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COMPLETE TITLE: STEVE WYNN Goes On Big Rant About Occupy Wall Street, Obama, Deficits, And Anger At The Government ### 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. *snip* You're seeing it taken to the next level in Greece. People are trying to break...
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Last Monday, during his company’s quarterly earnings conference call, Steve Wynn, CEO of Wynn Resorts, said what a lot of people in the business community have been thinking for the last two-plus years. “I’m afraid to do anything in the current political environment in the United States,” he said. “Those of us who have business opportunities and the capital to do it are going to sit in fear of the president.”He didn’t stop there. “I’m saying it bluntly,” he continued. “This administration is the greatest wet blanket to business and progress and job creation in my lifetime.”And with that, Steve...
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During the just completed Wynn earnings calls we witnessed what is without doubt the most blistering and scathing critique of Obama's administration to date by anybody in the public domain. From the call transcript: 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 this debt ceiling issue. And what I consider to be a total lack of leadership from the President, and nothing will get fixed until the President himself...
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Wynn Resorts CEO Rips Obama In Earnings Conference Call With Analysts By Noel Sheppard Created 07/19/2011 - 9:50am Whenever a prominent business leader like Warren Buffett says anything good about the current White House resident, the media are quick to report it. I highly doubt anti-Obama comments made Monday by Las Vegas casino magnate Steve Wynn during an earnings conference call with analysts will get anywhere near that kind of attention (video follows with transcript and commentary): William Lerner - Deutsche Bank Securities Steve, just 2 development questions for you. One in Macau, one in Vegas. Does it -- maybe...
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The man who played a major role in revitalizing Las Vegas is bashing President Barack Obama as “the greatest wet blanket to business, progress and job creation in my lifetime.” Speaking to investors on a Monday conference call, casino developer Steve Wynn - calling himself a “Democratic businessman” - went on an extended rant against Obama and his policies. His customers and the companies he works with “are frightened of this administration,” he said, “and it makes you slow down and not invest your money. Everybody complains about how much money is on the side in America.” “Until we change...
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Who doesn't love a good rant? We certainly do, 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 I'm saying it bluntly, that this administration is the greatest wet blanket to business, and progress and job creation in my lifetime. 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...
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(AUDIO AT LINK) Steve Wynn, CEO of Wynn Resorts, trashed President Obama on a company conference call today. Below are the most damning portions of the call: 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.
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My buddy was just in a focus group with Steve Wynn, where Steve told the group he is running as a independent, announcing Monday.
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Although Las Vegas has rebounded a bit from its economic slump of the past couple of years, it is nowhere near the good times it enjoyed in the past. The fact that President Obama criticized the idea of vacationing in Las Vegas didn’t exactly help matters. Here is what Obama said last year:"When times are tough, you tighten your belts. You don't go buying a boat when you can barely pay your mortgage. You don't blow a bunch of cash on Vegas when you're trying to save for college."This remark, as well as others from Obama, drew sharp criticism from...
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Details are slowly trickling out about Senate Majority Leader Harry Reid’s secret, week-long trip to China with nine other senators. The lawmakers have given out minimal information about their itinerary because of supposed “security concerns.”...The Senate group included six other Democrats and three Republicans: Richard Shelby R-Ala.), Barbara Boxer (D-Calif.), Dick Durbin (D-Ill.), Mike Enzi (R-Wyo.), Chuck Schumer (D-N.Y.), Frank Lautenberg (D-N.J.) , Johnny Isakson (R-Ga.), Jeff Merkley (D-Ore.) and Michael Bennet (D-Colo.).
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Video of Part II of Steve Wynn of Wynn Resorts hard-hitting recent interview with FOX's Neil Cavuto...
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'Anybody who is a middle-class working person in this country is in serious trouble' Steve Wynn, the billionaire casino mogul, says that even though his business is doing better this year compared with last year, the White House is not telling the whole truth when it says the economy is improving. "Baloney is being slung at the American people," Wynn complained. "It's a very misleading thing that is happening," Wynn told Fox Business' Neil Cavuto Wednesday morning, explaining that the people who frequent his fancy resorts are able to adjust to the current economic climates easier than the middle...
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Video of Steve Wynn of Wynn Resorts, telling Neil Cavuto of FOX Business that Obama's rhetoric is "lying" and that the administration is destroying the U.S. Dollar and our standard of living...
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The United States' economic decline precariously resembles Argentina's economic collapse, which started in 1998 and landed Argentina in a depression by the end of 2000. What began in Argentina as a recession mushroomed into a full-fledged depression due to bad economic and monetary policy. The Obama administration and its congressional Democrat lackeys are on the precipice of following Argentina's disastrous economic and monetary policy decisions. Arguably, the United States economy has been in a two-year-long recession, and while some may posit that the country has started an economic recovery, others suspect the country will plummet into a deeper recession, or...
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