Reid Supporter Wynn Says He’s Scared By Obama’s Redistibution Rhetoric
First off, let’s clear up where Wynn Resorts CEO Steve Wynn stands on Senators:
…I am a Democratic businessman and I support Harry Reid.
With that established, take a look at what he had to say about our current President (emphasis in original):
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, 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, their 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 soft peddling it, it’s the truth. It is the truth.
Remember, this guy self-identifies as both a Democratic businessman and Harry Reid supporter–though the latter is a bit puzzling, since Reid’s been pushing Obama’s agenda through the Senate without major complaints since 2009.
I’d say he explains pretty well why unemployment numbers aren’t budging… businesses are afraid, and when they’re afraid they hunker down and don’t spend more than they absolutely have to, which includes not hiring new employees.