A MUST WATCH

China is more desirable for business than the U.S. Sure they have potentially huge markets. But that is not the point of this piece. They are more desirable because they are more stable and less uncertain. The political and legal stability of China now is judged to be superior to that of the United States.

Imagine, a semi-totalitarian state with human rights abuses, is now seen as a better place to do business than the United States of America.   What does that tell you about this country and its future? What does this tell you about any potential recovery?

When the Rule of Law is abandoned, economic entities will flee our shores. Steve Wynn is an example of the brain and capital drain that is occurring and will accelerate.  He is unusual only in the sense that he has the courage to speak out about the tragedy that is occurring. Most of us just quietly start reallocating our plans, capital and residences.

Mr. Wynn is a true patriot, unafraid of the powers that be. We need more like Mr. Wynn, willing to speak out against the crimes of our government. Unfortunately too many business leaders are either afraid of what the government can do to them or are so deeply in bed with government that it is unlikely many more will step forward. Instead, we will wake up some day in the future and wonder how we became a second-world nation.

Thank you Mr. Simpson for publishing this piece. And, even greater thanks to Mr Wynn for expressing so passionately what most of us are thinking.

From the American Thinker:

Las Vegas Hotel Owner tells it like it is

James Simpson

This is better than Rick Santelli’s rant. Here is a successful businessman giving us the reality of the situation.Hotel owner Steve Wynn describes this administration and Congress’s policies. As he says repeatedly, it is a combination of the insane spending and regulatory policies of the Democrats and the complete uncertainty this creates for business.

As I have said, this is a deliberate strategy. Nothing discourages business more than uncertainty, and the Obama administration has introduced a climate of uncertainty in this country that is unprecedented in our history. Even during war, no American ever seriously believed anyone would come along and attempt to change the fundamental structure of our society. But it is happening now before our eyes!

The corruption of this administration, the fraud occupying the White House and the revolting, despicable scumbags running Congress, defy description. They are corrupt, subhuman slugs.

Watch this four minute clip. Right on the money! (HT Allan Erickson).

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