Wynn blasts Obama

thanks for posting
Que the bleeding heart, I never invested a dollar of my own money but love to tell capitalist what devils they are, Liberals rage.

He's saying what we have been saying, He invest billions. HC was the biggest redistribution in our lifetimes.
 
Topspin said:
thanks for posting
Que the bleeding heart, I never invested a dollar of my own money but love to tell capitalist what devils they are, Liberals rage.

He's saying what we have been saying, He invest billions. HC was the biggest redistribution in our lifetimes.
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Yet the left continue to fail to grasp what the uncertainty being created in DC does to hiring/investing in new ventures etc....
 
Superfreak said:
Yet the left continue to fail to grasp what the uncertainty being created in DC does to hiring/investing in new ventures etc....
Click to expand...

Uncertainty about what?

Here:

The main reason U.S. companies are reluctant to step up hiring is scant demand, rather than uncertainty over government policies, according to a majority of economists in a new Wall Street Journal survey.
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http://online.wsj.com/article/SB10001424052702303661904576452181063763332.html

And the biggest problem facing small businesses is a lack of sales:

http://www.nfib.com/Portals/0/PDF/sbet/sbet201107.pdf


The problem is lack of demand. And that shouldn't be too surprising given high unemployment and government cut backs. There's no reason to invest in new people and equipment when there aren't enough people buying goods and services as it is. Uncertainty about government policy may be a factor but it isn't a big one, notwithstanding Steve Wynn's thoughtful analysis.
 
Superfreak said:
Yet the left continue to fail to grasp what the uncertainty being created in DC does to hiring/investing in new ventures etc....
Click to expand...

What you appear to have missed in all this is that Steve Wynn and his partner in slime, Sheldon Adelson are building their interests in Macau, not because Las Vegas is being stifled by any political decisions, but because they recognise the truly enormous spending power of the Chinese.
Oh by the way, neither Abelson nor Wynn could have built anything in Macau without 'payments' made to Stanley Ho, drug runner, gang owner, prostitution racketeer, etc etc. That brings us back to the Foreign Corrupt Practices Act that is circling the dying corpse of the dirty digger at this very moment.
Steve, if I were you I'd keep my head well below the parapet.

Oh, and dont ask for links or proof. I have several friends who work on 'resort' complexes in Macau. Building them, not working in them. And from safety law avoidance, to employment ordinance avoidance to illegal and quasi legal payments the owners are eager players - although after a two year halt due to the economy - they now subcontract all works to Chinese companies.
 
Bfgrn said:
The opulent are squealing like the pigs they are. ANY half a bubble businessman will not cut his own throat because the mean old pwesident doesn't wike us.

WYNN is a MORON
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Yeah, Wynn is a moron for sitting on his cash. You are right, he is not going to cut his own throat by hiring or starting any new ventures right now given the uncertainty Obama is creating. Which was exactly his point and is exactly why corporations are sitting on so much cash right now.
 
If a pro business republican wins in 12 you'll see job numbers put this years to shame when the fear is removed from business investment. I know you know that, it's for the poor non investor liberals.
 
Superfreak said:
Yeah, Wynn is a moron for sitting on his cash. You are right, he is not going to cut his own throat by hiring or starting any new ventures right now given the uncertainty Obama is creating. Which was exactly his point and is exactly why corporations are sitting on so much cash right now.
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Nice swallow Monica...
 
David St. Hubbins said:
Uncertainty about what? Here: http://online.wsj.com/article/SB10001424052702303661904576452181063763332.html And the biggest problem facing small businesses is a lack of sales: http://www.nfib.com/Portals/0/PDF/sbet/sbet201107.pdf The problem is lack of demand. And that shouldn't be too surprising given high unemployment and government cut backs. There's no reason to invest in new people and equipment when there aren't enough people buying goods and services as it is. Uncertainty about government policy may be a factor but it isn't a big one, notwithstanding Steve Wynn's thoughtful analysis.
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Isn't the Wall Street Journal owned by Rupert Murdoch, the boss of Fox News? Well, then, all conservatives must believe what they say, mustn't they?
 
Topspin said:
If a pro business republican wins in 12 you'll see job numbers put this years to shame when the fear is removed from business investment. I know you know that, it's for the poor non investor liberals.
Click to expand...



Why don't you hire the Dude? You're rich, aren't you?
 
Lowaicue said:
What you appear to have missed in all this is that Steve Wynn and his partner in slime, Sheldon Adelson are building their interests in Macau, not because Las Vegas is being stifled by any political decisions, but because they recognise the truly enormous spending power of the Chinese.
Oh by the way, neither Abelson nor Wynn could have built anything in Macau without 'payments' made to Stanley Ho, drug runner, gang owner, prostitution racketeer, etc etc. That brings us back to the Foreign Corrupt Practices Act that is circling the dying corpse of the dirty digger at this very moment.
Steve, if I were you I'd keep my head well below the parapet.

Oh, and dont ask for links or proof. I have several friends who work on 'resort' complexes in Macau. Building them, not working in them. And from safety law avoidance, to employment ordinance avoidance to illegal and quasi legal payments the owners are eager players - although after a two year halt due to the economy - they now subcontract all works to Chinese companies.
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LMAO.... no moron... I did not miss it. But thanks for highlighting the fact that they will indeed invest when they know the potential for investment returns.

As for Macau, yes, it is a pay to play system over there. Just as it is in the U.S. Our wonderful politicians simply call it 'lobbying' rather than 'bribes'.... sounds much nicer doesn't it?
 
I wonder why the toothless brit has a problem in wynn investing in China?
especially since it has nothing to do with why businesses are afraid to invest here.

Yes Obama has attacked nearly every industry, it's not schocking they aren't hiring.
Whine on demtards, please read or take a community college economics class so you can cut down on your funny rants.
 
Superfreak said:
LMAO.... no moron... I did not miss it. But thanks for highlighting the fact that they will indeed invest when they know the potential for investment returns.

As for Macau, yes, it is a pay to play system over there. Just as it is in the U.S. Our wonderful politicians simply call it 'lobbying' rather than 'bribes'.... sounds much nicer doesn't it?
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So, let's take stock a second, can we? Wynn is not investing in the United States because he is afraid Obama is a Socialist but he is investing heavily in Communist China. Is that about the state of things?
 
David St. Hubbins said:
So, let's take stock a second, can we? Wynn is not investing in the United States because he is afraid Obama is a Socialist but he is investing heavily in Communist China. Is that about the state of things?
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Dung heap, China has a more positive approach to investment than we do. They welcome capital investment Obama attacks it.
You say it as if it's a fairy tale that US companies have trillions of cash on the bs.
 
David St. Hubbins said:
Uncertainty about what?

Here:



http://online.wsj.com/article/SB10001424052702303661904576452181063763332.html

And the biggest problem facing small businesses is a lack of sales:

http://www.nfib.com/Portals/0/PDF/sbet/sbet201107.pdf


The problem is lack of demand. And that shouldn't be too surprising given high unemployment and government cut backs. There's no reason to invest in new people and equipment when there aren't enough people buying goods and services as it is. Uncertainty about government policy may be a factor but it isn't a big one, notwithstanding Steve Wynn's thoughtful analysis.
Click to expand...

LMAO.... tell you what... you ask the economists, I'll ask the businesses that actually do the hiring. I wonder which is more accurate.
 
Superfreak said:
Yeah, Wynn is a moron for sitting on his cash. You are right, he is not going to cut his own throat by hiring or starting any new ventures right now given the uncertainty Obama is creating. Which was exactly his point and is exactly why corporations are sitting on so much cash right now.
Click to expand...

Wynn or any other businessman that hires, fire, builds or demolishes based on 'the pwesident dwoesn't wike me' is a MORON, just like YOU.

You 'claim' economic acumen and preach the religion of free markets...and you don't even understand how the fuck business works. Wynn will not build any new hotels in Vegas if people don't DEMAND rooms and have money to spend on entertainment.

AND, he will pick up a shovel and dig his little ass off finishing the foundation of a new hotel when there IS A DEMAND for rooms people have money to spend on entertainment.
 
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