He's Back: Steve Wynn Goes on Another Epic Rant

Posted: Oct 20, 2011 8:18 AM

Who can forget Democrat Steve Wynn's (Wynn owns Wynn hotels in Las Vegas) epic rant against the Obama Administration a few short months ago when he called the administration a "wet blanket to business" and said that until Obama is gone, nobody is going to hire:

I'm telling you that the business community in this company 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.

It seem's his attitude and outlook hasn't changed much:

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.

What you do have is anxiety and fear that is endemic in the United States of America... due to the government.

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.

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.

The Democrats are bankrupting this country.

Steve Wynn attended Tuesday's GOP debate hosted by CNN and the Western Republican Leadership Conference at the Venetian Hotel in Las Vegas, Nevada. The Venetian is owned by a republican.