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Steve Wynn: China is more predictable than Washington

By: LaborUnionReport (Diary)  |  June 2nd, 2010 at 09:02 PM  | 

RESIZE: AAA

Whatever happens in Vegas stays in Vegas?…

Well, the Washington politburo probably wishes Steve Wynn would keep his opinion in Sin City, but the man who built an empire and knows something about creating wealth also seems to know what is destroying it…Washington.

If you haven’t seen this, you need to, ’cause Steve Wynn’s not pulling any punches.

[Spoiler Alert: It's a pretty sad commentary when an American entrepreneur says the business climate in China is more stable than in America.]



__________________
“I bring reason to your ears, and, in language as plain as ABC, hold up truth to your eyes.” Thomas Paine, December 23, 1776

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COMMENTS

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  • http://www.theprecinctproject.wordpress.com ColdWarrior

    to testify before Congress should act and speak.

    For Liberty,
    ColdWarrior, PC (that

  • izoneguy

    in China…..

    I am sure Mr. Wynn would love to expand in America but he is 110% correct. I hear the same thing from my clients everyday.

  • texasgalt

    may not agree.

    • izoneguy

      That Obama sucks?

      • texasgalt

        and so there is probably a lot that Wynn’s employees might not like in the clip.

        That’s why I said Wynn is gutsy.

        http://www.lvrj.com/business/7491402.html

        • izoneguy

          This clip from Wynn is a subtle hint to unions…..

          People like Wynn don’t mind paying fair wages but he won’t be owned by the unions or the politicians.

  • acat

    Caveat being whether or not China has bootstrapped itself yet.

    If the Chinese Industrial Revolution is to the point where China can grow their own customers for advanced goods, their own middle class consumers in other words, then yes, China will be stable until the mandatory government change that a growing middle class will demand.

    If China has not bootstrapped far enough to value-add their way out of the collapse of the dollar (either due to a default or a devaluation) then they’re in even worse trouble.

    Just sayin’

    Mew

  • JadedByPolitics

    have been LECTURING this President about his OBSCENE spending! The world is truly upside/down!