A leading life long Democrat, Las Vegas casino mogul Steve Wynn blasts US President Barak Obama for being a socialist and a liar.
Las Vegas Casino Mogul Steve Wynn may very well be a lifelong Democrat but is definitely no fan of US President Barak Hussein Obama.
The CEO of Wynn Resorts unleashes a cauldron of fury at the American President Obama in a recorded conference call placed to investors to go over the recently released Q2 numbers.
The tirade against Obama’s Socialist tendencies, anti-business philosophy, harmful policies and lies were not excuses for poor performance. Wynn Resorts was up an incredible 23% for the quarter, beating all analysts’ expectations.
According to casino gambling news, Steve Wynn stated the following, knowing full well that he is being recorded:
“The President keeps using that word – redistribution. Well, my (casino) customers and the companies that provide the vitality for the (gambling industry), in the United States of America, they are frightened of this administration. And it makes you slow down and not invest your money.
The guy keeps making speeches about redistribution and maybe we ought to do something to businesses that don’t invest their holding. 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 is the truth. And that’s true of Democratic businessman and Republican businessman.
Everything is more expensive. So the living standard of the working people — of the middle class of America — is being materially deteriorating because of the fiscal policies of our government.
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.
Nobody from the government ever talks about what they’re taking away from the working people of this country. The populist rhetoric is very carefully designed to hide the truth. And I find it annoying and disappointing that it’s happened that way.
I am a Democratic businessman and I’m telling you that the business community is frightened to death of the weird political philosophy of the President of the United States. And until he’s gone, everybody’s going to be sitting on their thumbs.”
Steve Wynn later came on FOX (other news channels allegedly wanted no part of an anti-Obama interview) to elaborate on his previous statements. The billionaire casino owner qualified his previous statements as well as accused Obama of being a liar and accused the main stream media of covering up for Obama’s failed policies.
“You guys on television use the term ‘disingenuous’ when the president talks about — says something that isn’t true. That’s a fancy word for lying.”
Yikes. You don’t need to be a card counter to forecast that Steve Wynn won’t be invited to Barbara Streisand’s or Steven Spielberg’s house any time soon. If these are his views of President Barack Obama when Wynn Resorts is up 23%, I’d love to hear what he would have said had he been down 23%.