Steve Wynn had another conference call in which he went on another rant about the Obama administration and a few other related topics. To say it was insightful is an understatement. Here is a synopses.
"I am watching my employees standard of living drop off because of deficits. I think that the American public is beginning to make the connection between deficits and their own loss of the standard...
I say right now that the Democratic agenda of spend and bribe the public has bankrupt this country, and until it stops, the citizens of this country are in for more hard times. And fancy speeches aren't going to change that. Only a fundamental realization that citizens are going to have to take real, sophisticated responsibility for how we allocate the resources of this country."
Wynn continued to make really good points in this rant. He also said the following:
And I think that's probably just right because until there is a change, until this all stops, it's only going to get worse, no matter what anybody says in some fancy speech, even if it is the president, it is going to get worse. People say we're angry at the government for not compromising both sides. Well, we don't really have a situation that lends itself to what reasonable people would call compromise. We've got a situation that requires a change. That is to say one side is right here and the other side is wrong.
Steve Wynn is a registered Democrat and has mostly given to Democrats in the past. It seems though this Democrat has been mugged by reality and it left a really bad taste in his mouth.
You can listen to the whole conference call and the write up over at ZeroHedge.com