Aug 082011
 

Frederick Sheehan on the Daily Reckoning writing about and quoting Steve Wynn:

He told investors the “Obama administration is the greatest wet blanket to business and progress and job creation in my lifetime. And I could prove it…I could spend the next three hours giving you examples of all of us in this marketplace that are frightened to death about all the new regulations,[as] our healthcare costs escalate, regulations coming from left and right, [with a] President that…keeps using that word ‘redistribution.’”

Wynn’s pitch was not partisan: “I am a Democrat businessman….I support Harry Reid…[but] I am telling you that the business community in this country is frightened to death of the weird political philosophy of the President of the United States. Until he is gone, everybody is going to be sitting on [his] thumbs.

“[I]t is Obama that is responsible for this fear in America,” Wynn insisted. “The guy keeps making speeches about redistribution and [the need] to do something to businesses that don’t invest, that are holding too much money. You know, we haven’t heard that kind of talk except from pure socialists. Everybody is afraid of the government and there is no need soft-pedaling it. It is the truth. It is the truth.”

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