STEVE WYNN Goes On Big Rant About Occupy Wall Street, Obama, Deficits And Anger At The Government Classic. On the conference call for Wynn Resorts, CEO Steve Wynn went on a big rant on Occupy Wall Street, Obama, and deficits. Here are our notes in raw form. It's all mostly paraphrased. In a nutshell, he says: Deficits are killing us, our dollars are worthless, and the Democrats are bankrupting the country and vilifying anyone who's successful. So naturally, people are protesting. ----------- It's very interesting about the folks who are occupying Wall Street. That group is quite diverse. There are people in there who think the government should give them more just because they are alive. There are people who are opposing government spending. That group is not homogeneous. What you do have is anxiety and fear that is endemic in the United States of America... due to the government. I am watching my employees standard of living due to deficits. The public is making the connection between deficits and their standard of living. They're seeing their wages go to 80 cent dollars to 70 cent dollars. I have not been able to keep up with the effect of deficits. You're seeing that on Occupy Wall Street. You're seeing it taken to the next level in Greece. People are trying to break into a parliament primarily controlled by the Unions. There comes a moment when the population realizes that it has to stop. Rich people are now being defined by the administration as people who make $1 million dollars Well, most of the businesses in America other than giant corporations are paying taxes under partnerships or S corporations. We have an administration that is fanning the fires that this is somehow undeserved profligate millionaires. It is worse than hypocrisy. It's one thing if it's kids. Americans are waking up; It's taking the form of anger and dissatisfaction with the government. And I think that's probably right. IT IS GOING TO GET WORSE. One side is right, and one side is wrong. You can not sustain these levels of deficits. The Democrats are bankrupting this country. Read more: http://www.businessinsider.com/stev...anger-at-the-government-2011-10#ixzz1bKHO4SJ0 http://www.businessinsider.com/stev...-deficits-and-anger-at-the-government-2011-10 He's 100% correct. Dems want to fundamentally change America into a progressive nanny state disaster like the UK. We have to stop them in 2012. _
I think that you are right, except that Republicans would not do anything about the situation even if they could, because: 1. Like the Democrats, they are professional politicians, and their immediate concern is their next primary. 2. The Republicans are in bed with the Military-Industrial-Congressional complex as much as Democrats. So, instead of hitching your wagon to any political party, or to any political movement, like the Tea Party, you are probably better off looking for some small way to cover your own butt. For example, investing in a few rolls of nickels a week, which cost the mint 11 cents each, and will probably be changed from 75% copper, 25% nickel to zinc pretty soon. Forget being an idealist and trying to change what you can't change. Just join the fun and try to work the system the best way you can, like welfare mothers and congressmen. Don't worry, be happy.
Uh huh..... I think the progressives and Rinos are very worried about an anti-establishment backlash.
There have been lots of backlashes, ever since the day the Constitution was ratified, but they are short-lived and the trend has always been the same, toward bigger more intrusive government, and currency debasement. The Five-Year plans of the defunct Soviet Union look like long-term goals compared to the US Congress which seems more concerned with the quarterly-profits of the Military Complex that Eisenhower warned us about..
