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View Full Version : U.S. Issues Steve Wynn lets go on Obama


HonestChieffan
07-19-2011, 09:56 AM
http://www.businessinsider.com/wynn-ceo-steve-wynn-conference-call-transcript-obama-2011-7

(Business Insider) ó Who doesnít love a good rant?

We certainly do, and as usual, Steve Wynn, the CEO of casino company Wynn Resorts, delivered on his companyís quarterly conference call today.

Via Seeking Alpha, hereís the crux of it:

. . .And Iím saying it bluntly, that this administration is the greatest wet blanket to business, and progress and job creation in my lifetime. And I can prove it and I could spend the next 3 hours giving you examples of all of us in this market place that are frightened to death about all the new regulations, our healthcare costs escalate, regulations coming from left and right. A President that seems, that keeps using that word redistribution. Well, my customers and the companies that provide the vitality for the hospitality and restaurant industry, in the United States of America, they are frightened of this administration. And it makes you slow down and not invest your money. Everybody complains about how much money is on the side in America.

The guy keeps making speeches about redistribution and maybe we ought to do something to businesses that donít invest, their holding too much money. We havenít heard that kind of talk except from pure socialists. Everybodyís afraid of the government and thereís no need soft peddling it, itís the truth. It is the truth. And thatís true of Democratic businessman and Republican businessman, and I am a Democratic businessman and I support Harry Reid. I support Democrats and Republicans. And Iím 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 heís gone, everybodyís going to be sitting on their thumbs.

blaise
07-19-2011, 10:23 AM
I bet he flies a private jet. We need to eliminate those. Private jets are ruining this country.

BigCatDaddy
07-19-2011, 10:36 AM
I bet he flies a private jet. We need to eliminate those. Private jets are ruining this country.

Probably keeps his thermostat at 72 as well.

vailpass
07-19-2011, 10:37 AM
Any response from the obama supporters would be read with much interest.

Rooster
07-19-2011, 10:42 AM
I bet he flies a private jet. We need to eliminate those. Private jets are ruining this country.

Don't mention private jets. The people of Wichita are about to explode if he throws them under the bus again.

HonestChieffan
07-19-2011, 10:52 AM
Wynning?

Amnorix
07-19-2011, 10:55 AM
Any response from the obama supporters would be read with much interest.

A Republican businessman doens't like Obama. The horror.

What does Warren Buffett think? Bet it's not the same.

Besides, what "weird" political philosophy?

vailpass
07-19-2011, 11:02 AM
A Republican businessman doens't like Obama. The horror.

What does Warren Buffett think? Bet it's not the same.

Besides, what "weird" political philosophy?

Read it again, carefully.

Amnorix
07-19-2011, 11:07 AM
Read it again, carefully.

I see it now. I just skimmed it.

I'll ask again -- what is "weird" about Obama's politics? Seriously, for all the braying of the right, I haven't noticed much that's weird or radical or anything.

Businesses are sitting on their thumbs, however, but there are a whole raft of reasons. Unemployment is stubbornly high, the housing sector is still far too soft, there's too much housing overhead, still too many mortgages in foreclosure, sovereign default concerns in Europe, a slowing economy in China, soft demand in the US (partly due to the high unemployment and housing issues mentioned above), etc. etc. Nothing that hasn't been discussed on here over and over and over again.

Baby Lee
07-19-2011, 11:08 AM
A Republican businessman doens't like Obama. The horror.

What does Warren Buffett think? Bet it's not the same.

Besides, what "weird" political philosophy?

Double fail.

I am a Democratic businessman and I support Harry Reid.



<iframe title="MRC TV video player" width="640" height="360" src="http://www.mrctv.org/embed/103757" frameborder="0" allowfullscreen></iframe>

Cave Johnson
07-19-2011, 11:10 AM
Steve Wynn's not investing in LV because the gaming industry overbuilt, not because of Obama.

You people will literally believe any bullshit someone spouts if it supports your point of view.

Baby Lee
07-19-2011, 11:13 AM
I see it now. I just skimmed it.

I'll ask again -- what is "weird" about Obama's politics? Seriously, for all the braying of the right, I haven't noticed much that's weird or radical or anything.

Businesses are sitting on their thumbs, however, but there are a whole raft of reasons. Unemployment is stubbornly high, the housing sector is still far too soft, there's too much housing overhead, still too many mortgages in foreclosure, sovereign default concerns in Europe, a slowing economy in China, soft demand in the US (partly due to the high unemployment and housing issues mentioned above), etc. etc. Nothing that hasn't been discussed on here over and over and over again.

There is a fundamental divide [beyond the regular one]. Obama supporters look to what's actually been enacted, and see a moderate. Obama critics look to expressed aspirations and see a socialist.

Both are right. An aspiring socialist who has been restrained to merely moderate developments.

blaise
07-19-2011, 11:15 AM
Steve Wynn's not investing in LV because the gaming industry overbuilt, not because of Obama.

You people will literally believe any bullshit someone spouts if it supports your point of view.

We should believe in things like hope, and change.

mnchiefsguy
07-19-2011, 11:18 AM
Wynn might critical of Obama now...but if Obama were to make online poker legal, he would be singing a different tune real quick.

vailpass
07-19-2011, 11:28 AM
There is a fundamental divide [beyond the regular one]. Obama supporters look to what's actually been enacted, and see a moderate. Obama critics look to expressed aspirations and see a socialist.

Both are right. An aspiring socialist who has been restrained to merely moderate developments.

Well put.

"new regulations, our healthcare costs escalate, regulations coming from left and right. A President that seems, that keeps using that word redistribution..."

orange
07-19-2011, 11:28 AM
Buffett clip

What exactly do you think he says in that clip? I hear him say he doesn't get any current deductions for himself or his kids (because he doesn't own the plane, he timeshares), and that Berkshire's planes were fully depreciated in the first year like every other business capital expense (this is good for business, I presume; anyone here want to claim otherwise?) due to the STIMULUS (or is that the "job-killing stimulus," I forget these rightwing sound-bites, there are so many). So he really doesn't know what to think of the question - despite being spoonfed - twice - the opportunity to say eliminating the extra tax write-off is bad.

In fact, his last line seems rather telling to me "Why shouldn't a business plane be like a business locomotive?" Indeed, why shouldn't it? Coupled* with the footnotes scrawling across the bottom of the screen indicating that he supports equalizing all business taxes, I have to say that he supports the Presidents efforts ... despite the cut job.

*incredibly clever railroad reference intentional

Amnorix
07-19-2011, 11:28 AM
There is a fundamental divide [beyond the regular one]. Obama supporters look to what's actually been enacted, and see a moderate. Obama critics look to expressed aspirations and see a socialist.

Both are right. An aspiring socialist who has been restrained to merely moderate developments.


Probaby the same divide that made people on the far(ther) left think that Bush was a fascist who might somehow refuse to leave office once he was voted out or his term ended.

I worry that the fundamental divide you speak of has become the regular one. It's not healthy in our political system to completely demonize the other party, IMHO.

vailpass
07-19-2011, 11:34 AM
Probaby the same divide that made people on the far(ther) left think that Bush was a fascist who might somehow refuse to leave office once he was voted out or his term ended.

I worry that the fundamental divide you speak of has become the regular one. It's not healthy in our political system to completely demonize the other party, IMHO.

I wish there was a force of nature that made it impossible to reference President Bush in all replies to questions concerning obama.

God the cop outs people are forced to use because obama himself offers his defenders absolutely nothing with which to work.

Baby Lee
07-19-2011, 11:36 AM
Probaby the same divide that made people on the far(ther) left think that Bush was a fascist who might somehow refuse to leave office once he was voted out or his term ended.

I worry that the fundamental divide you speak of has become the regular one. It's not healthy in our political system to completely demonize the other party, IMHO.

It's the same divide demographics, but I was talking about a divide in how to judge a politician's nature. Now, imagine if Bush had STATED that he shouldn't have to leave office after his term.

I'll be honest, Obama has said things that have scared me to DEATH, most prominent in my mind at the moment his wish to make coal produced power so expensive people will either reduce consumption or something will magically [that particular word there was editorial subtext, NOT his own] replace it. I just have to have faith that that aspiration will not be realized, and support those who fight every day to ensure it doesn't.

mnchiefsguy
07-19-2011, 11:37 AM
I wish there was a force of nature that made it impossible to reference President Bush in all replies to questions concerning obama.

God the cop outs people are forced to use because obama himself offers his defenders absolutely nothing with which to work.

It would be interesting to see if there are any Obama threads on this forum that have no references to Bush at all. I doubt there are.

Amnorix
07-19-2011, 11:37 AM
I wish there was a force of nature that made it impossible to reference President Bush in all replies to questions concerning obama.

God the cop outs people are forced to use because obama himself offers his defenders absolutely nothing with which to work.

Right, because people on the right stopped talking about Clinton the very minute Bush took office.

Yeah....no.

And besides, my statement isn't even a criticism of Bush, it's just a statement that the extremes of each party vilify the President of the other in very stark, unrealistic and ultimately harmful ways.

Oh, but wait -- you're the racist that thinks Obama is a socialist, so of course you don't see things that way. Keep on trucking then.

Amnorix
07-19-2011, 11:38 AM
It would be interesting to see if there are any Obama threads on this forum that have no references to Bush at all. I doubt there are.

Why would there be, if the topic is the economy which started sliding into a truly horrific recession before Obama took office?

The reason referencing Bush pisses you off is because, well, it's often accurate. I know it's frustrating, but what can you do?

Calcountry
07-19-2011, 11:39 AM
We should believe in things like hope, and change.Hope and change, was really cover for BOHICA.

Bend over, here it comes anyway.

patteeu
07-19-2011, 11:39 AM
. . .And Iím saying it bluntly, that this administration is the greatest wet blanket to business, and progress and job creation in my lifetime. And I can prove it and I could spend the next 3 hours giving you examples of all of us in this market place that are frightened to death about all the new regulations, our healthcare costs escalate, regulations coming from left and further left. A President that seems, that keeps using that word redistribution. Well, my customers and the companies that provide the vitality for the hospitality and restaurant industry, in the United States of America, they are frightened of this administration. And it makes you slow down and not invest your money. Everybody complains about how much money is on the side in America.

The guy keeps making speeches about redistribution and maybe we ought to do something to businesses that donít invest, their holding too much money. We havenít heard that kind of talk except from pure socialists. Everybodyís afraid of the government and thereís no need soft peddling it, itís the truth. It is the truth. And thatís true of Democratic businessman and Republican businessman, and I am a Democratic businessman and I support Harry Reid. I support Democrats and Republicans. And Iím 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 heís gone, everybodyís going to be sitting on their thumbs.

Fixed Wynn's rant.

Baby Lee
07-19-2011, 11:40 AM
Right, because people on the right stopped talking about Clinton the very minute Bush took office.
Of course there will be comparisons, but the Bush/Clinton comparisons were overwhelmingly more of the 'why are you railing on Bush when Clinton was largely the same' variety than the 'don't look at Bush, Clinton fucked everything up beyond repair already' variety.

Amnorix
07-19-2011, 11:45 AM
It's the same divide demographics, but I was talking about a divide in how to judge a politician's nature. Now, imagine if Bush had STATED that he shouldn't have to leave office after his term.

I'll be honest, Obama has said things that have scared me to DEATH, most prominent in my mind at the moment his wish to make coal produced power so expensive people will either reduce consumption or something will magically [that particular word there was editorial subtext, NOT his own] replace it. I just have to have faith that that aspiration will not be realized, and support those who fight every day to ensure it doesn't.

It's not the same thing -- and I never thought it was serious because he was clearly kidding, but the dictator joke that Bush made had the far left wild. Within the context of Bush's military adventurism, it's a bit easier to understand.

http://www.youtube.com/watch?v=aD3xfT0c99g


My understanding of Obama's quote was to cap greenhouse gases so that new coal fired plants would be uneconomic, and to encourage methods by which to implement existing and new technologies to curb pollution.

I agree that that position is pretty damn aggressive. But if Climate Change / Global Warming really is being caused by human activity, then it's not remotely insane. The only problem is to get the emerging countries to join us in limiting carbon emissions at a time when they don't have nearly enough power production capacity.

Chief Faithful
07-19-2011, 11:48 AM
Why would there be, if the topic is the economy which started sliding into a truly horrific recession before Obama took office?



Just like the economy was sliding into a horrific recession when Bush took office. The difference is Bush made things better in his first year.

Calcountry
07-19-2011, 11:49 AM
Of course there will be comparisons, but the Bush/Clinton comparisons were overwhelmingly more of the 'why are you railing on Bush when Clinton was largely the same' variety than the 'don't look at Bush, Clinton ****ed everything up beyond repair already' variety.Here is the problem, Bush wasn't much different than Clinton. Good ole boy who like to party and frat it up, didn't meet a program that he could veto. Expanded government, patriot act, prescription drugs, no child left behind, billions for aids in Africa, billions for homeland security and yet we have worse security now than ever(border).

Bush was a complete fug up. He rode the wave like Clinton did, the wave crashed at the end of his term, then the Closer was sent in.

Bush was NO conservative. He was a COMPASSIONATE conservative. Remember that horseshit? Any of you Liberals that were sold on the notion that Bush was right wing, really, need to have your damned heads examined.

mnchiefsguy
07-19-2011, 11:49 AM
Why would there be, if the topic is the economy which started sliding into a truly horrific recession before Obama took office?

The reason referencing Bush pisses you off is because, well, it's often accurate. I know it's frustrating, but what can you do?

It does not piss off, but it is fascinating. It was fascinating on the other side as well, the obsession over Clinton did reach epic proportions as well. I have always maintained that if everyone would focus on the now and getting things right for the future, the better off we would all be. Being sore about the previous President and shoving all the blame onto him, whether it be Democrats with Bush or Republicans with Clinton, really accomplishes nothing. It is what it is, so lets figure out how to get things fixed and move on.

patteeu
07-19-2011, 11:50 AM
What exactly do you think he says in that clip? I hear him say he doesn't get any current deductions for himself or his kids (because he doesn't own the plane, he timeshares), and that Berkshire's planes were fully depreciated in the first year like every other business capital expense (this is good for business, I presume; anyone here want to claim otherwise?) due to the STIMULUS (or is that the "job-killing stimulus," I forget these rightwing sound-bites, there are so many). So he really doesn't know what to think of the question - despite being spoonfed - twice - the opportunity to say eliminating the extra tax write-off is bad.

In fact, his last line seems rather telling to me "Why shouldn't a business plane be like a business locomotive?" Indeed, why shouldn't it? Coupled* with the footnotes scrawling across the bottom of the screen indicating that he supports equalizing all business taxes, I have to say that he supports the Presidents efforts ... despite the cut job.

*incredibly clever railroad reference intentional

1. I don't think the fact that he timeshares matters. His ownership interest is either depreciable in the first year (business application) or not depreciable at all (personal application).

2. It seems to me that he's supporting the point of view that Obama's demonization of corporate jet owners is ridiculous. He's saying that corporate jet owners aren't and shouldn't be treated any differently than corporate owners of other capital equipment.

3. Furthermore, he points out that these accelerated depreciation measures were passed by a democrat controlled Congress and signed by the very President who uses one narrow type of this depreciation to fuel a class warfare fire.

4. I don't get the incredibly clever railroad reference. What do you mean?

vailpass
07-19-2011, 11:51 AM
Right, because people on the right stopped talking about Clinton the very minute Bush took office.

Yeah....no.

And besides, my statement isn't even a criticism of Bush, it's just a statement that the extremes of each party vilify the President of the other in very stark, unrealistic and ultimately harmful ways.

Oh, but wait -- you're the racist that thinks Obama is a socialist, so of course you don't see things that way. Keep on trucking then.

LMAO WTF are you talking about? I realize defending obama can be maddening but you are frothing at the mouth here.

Amnorix
07-19-2011, 11:51 AM
Of course there will be comparisons, but the Bush/Clinton comparisons were overwhelmingly more of the 'why are you railing on Bush when Clinton was largely the same' variety than the 'don't look at Bush, Clinton fucked everything up beyond repair already' variety.


Since Clinton had obviously NOT fucked up everything beyond repair, that kind of statement would not be possible.

So -- let me suggest -- if the year were 1935 and FDR were President and people were arguing about the economy and boards like this existed, do you think people would NOT be talking about Hoover?

One cannot shout "Bush" as the answer to any criticism of Obama, but it's inevitable that people on the right are going to demonize Obama and that Obama's supporters will note that he inherited a very bad situation.

In fact, it's on here somewhere, but I stated point blank BEFORE the 2008 election that whoever won was going to face a very bleak situation, may well be doomed to be a one term President no matter how good/bad he was, and that it may well have been good for Democrats to LOSE the 2008 election so that they couldn't get the blame for what was clearly going to be a terrible economy for a long time to come being wrapped around their necks.

No idea how to find that particular needle in the haystack, but I swear it's out there.

orange
07-19-2011, 11:53 AM
4. I don't get the incredibly clever railroad reference. What do you mean?

Railroad cars are joined together by couplings.

http://www.classicalcreations.com/img/mgnt/Six_Coupled_Locomotive.jpg

http://www.building-your-model-railroad.com/images/coupler.jpg

vailpass
07-19-2011, 11:57 AM
Thaks Pat. You responded to it and now the thread is ruined with it's inane posting of pictures and charts and moonbat blather.

patteeu
07-19-2011, 11:58 AM
Thaks Pat. You responded to it and now the thread is ruined with it's inane posting of pictures and charts and moonbat blather.

LMAO, I am threadkiller!

Baby Lee
07-19-2011, 11:59 AM
Since Clinton had obviously NOT fucked up everything beyond repair, that kind of statement would not be possible.

Economically, not FUBAR, but it was riding a once in more than a generation bubble, on par with the 50s when Europe lay in rubble, Japan was glowing in the dark, and the US was providing the world manufactured goods.

But into terms of ME/Iraq, imperial presidency, and respect for the office, he did a appreciable amount of damage.

vailpass
07-19-2011, 11:59 AM
LMAO, I am threadkiller!

Absolutely not. But you fed the threadkiller. :)

Amnorix
07-19-2011, 12:04 PM
Economically, not FUBAR, but it was riding a once in more than a generation bubble, on par with the 50s when Europe lay in rubble, Japan was glowing in the dark, and the US was providing the world manufactured goods.

But into terms of ME/Iraq, imperial presidency, and respect for the office, he did a appreciable amount of damage.


It's not worth the debate, but the point is that NOBODY could blame Clinton for everything that was going wrong with Bush. Republicans couldn't argue that Clinton got us into the Iraq mess, so Bush had just inherited that. The 2000/'01 economy was mediocre, but not THAT bad, etc.

Calcountry
07-19-2011, 12:26 PM
It's not worth the debate, but the point is that NOBODY could blame Clinton for everything that was going wrong with Bush. Republicans couldn't argue that Clinton got us into the Iraq mess, so Bush had just inherited that. The 2000/'01 economy was mediocre, but not THAT bad, etc.Clinton was all for fannie and freddie.

The dot com bubble burst under Clinton. The whole Enron and MCI worldcom corporate corruption cultured festered unchecked under Clinton.

The economy was in decline under Clinton, then 9/11 happened and the fed started printing vast sums of money. Remember GM, 0% financing, keep America rolling? Add that to the whole fannie and freddie mess, and you had everyone investing in real estate like it would never go down, ever. POP.

Is this Obama's fault on the onset? No, but he was asking for the job going into this pile of horse shit that anybody with have a modicum of economic background could see, all the while promising vapid bullshit like "change", and "hope", without ever pouring into these words any substance other than when Joe the Plumber caught him in a rare moment of candor about spreading the wealth around.

He still can't tell you what he will do. He let Harry and Nancy write the Obamacare bill that is an utter, and complete job killing clusterfuqhe. He has no budget, he spends as if he isn't constrained by the economy or any other real world factors, he is above it all, you see. A narcicssist King, is how he is acting, and governing. It is his divine right to bomb Libya if he so gives a damn.

Go ahead, keep defending this pile of shit. I mean, this is America and we are all entitled to a defense, even that slut from Florida deserved one.

orange
07-19-2011, 01:36 PM
I wish there was a force of nature that made it impossible to reference President Bush in all replies to questions concerning obama.

God the cop outs people are forced to use because obama himself offers his defenders absolutely nothing with which to work.

It would be interesting to see if there are any Obama threads on this forum that have no references to Bush at all. I doubt there are.

(CBS) While Americans have become slightly more optimistic about the economy, they continue to have overwhelmingly negative perceptions of the current economic situation overall, a new CBS News/New York Times poll finds.

But while 82 percent of those surveyed say the economy is in fairly or very bad shape, just four percent blame President Obama, who has now been in office for slightly more than six months.

Instead, they blame the administration of his predecessor, George W. Bush (30 percent), Wall Street and financial institutions (29 percent), and Congress (12 percent).

http://www.cbsnews.com/stories/2009/07/29/opinion/polls/main5196563.shtml

If only CP rightwingers could get America to listen...

That's FOUR percent. IIII. Do you understand just how marginal you folks are?!?

Chief Faithful
07-19-2011, 01:45 PM
(CBS) While Americans have become slightly more optimistic about the economy, they continue to have overwhelmingly negative perceptions of the current economic situation overall, a new CBS News/New York Times poll finds.

But while 82 percent of those surveyed say the economy is in fairly or very bad shape, just four percent blame President Obama, who has now been in office for slightly more than six months.

Instead, they blame the administration of his predecessor, George W. Bush (30 percent), Wall Street and financial institutions (29 percent), and Congress (12 percent).

http://www.cbsnews.com/stories/2009/07/29/opinion/polls/main5196563.shtml

If only CP rightwingers could get America to listen...

That's FOUR percent. IIII. Do you understand just how marginal you folks are?!?

Here you go

ChiTown
07-19-2011, 01:53 PM
Here you go

Yeah, I was struggling to get how this was even relevant.

orange
07-19-2011, 01:57 PM
July 14, 2011 http://www.quinnipiac.edu/x1295.xml?ReleaseID=1624

The country is in a recession, 71 percent of American voters say, but by 54 - 27 percent they blame former President George W. Bush more than President Obama.

Better?

ChiTown
07-19-2011, 01:58 PM
July 14, 2011 http://www.quinnipiac.edu/x1295.xml?ReleaseID=1624

The country is in a recession, 71 percent of American voters say, but by 54 - 27 percent they blame former President George W. Bush more than President Obama.

Better?

Well, I don't know if better is the term, but I'd say it's at least more relevant.

mlyonsd
07-19-2011, 01:58 PM
July 14, 2011 http://www.quinnipiac.edu/x1295.xml?ReleaseID=1624
The country is in a recession, 71 percent of American voters say, but by 54 - 27 percent they blame former President George W. Bush more than President Obama.
Better?I thought we were out of the recession?

HonestChieffan
07-19-2011, 02:01 PM
http://latimesblogs.latimes.com/.a/6a00d8341c630a53ef0133f579f4a3970b-pi

orange
07-19-2011, 02:02 PM
Well, I don't know if better is the term, but I'd say it's at least more relevant.

I don't know why the story I was on linked to both those polls as if they were current - one of these days, people - including me - will get this Internet thing figured out, I suppose.

orange
07-19-2011, 02:05 PM
I thought we were out of the recession?

71% of American voters apparently disagree. I'm sure they're not basing that on the technical definition.

RNR
07-19-2011, 02:06 PM
71% of American voters apparently disagree.

And they are right~

HonestChieffan
07-19-2011, 02:11 PM
"Two years after the worst recession most of us have ever known, the stock market has come roaring back. Corporate profits are up. The economy is growing again."

"These steps we’ve taken over the last two years may have broken the back of this recession, but to win the future, we’ll need to take on challenges that have been decades in the making."

Obama, Jan 25, 2011
Sung to the tune of Happy days are here again....

RNR
07-19-2011, 02:19 PM
"Two years after the worst recession most of us have ever known, the stock market has come roaring back. Corporate profits are up. The economy is growing again."

"These steps weíve taken over the last two years may have broken the back of this recession, but to win the future, weíll need to take on challenges that have been decades in the making."

Obama, Jan 25, 2011
Sung to the tune of Happy days are here again....

This guy should wear a red nose and oversized shoes everytime he talks with this playing in the back ground~
<iframe width="425" height="349" src="http://www.youtube.com/embed/V8vINCq_IAI" frameborder="0" allowfullscreen></iframe>

orange
07-19-2011, 02:21 PM
"Two years after the worst recession most of us have ever known, the stock market has come roaring back. Corporate profits are up. The economy is growing again."


Dow Jones today: 12,587
Dow Jones one year ago: ~10,100
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=DJIA&insttype=Index

Business seems to be doing well - except for Steve Wynn's, apparently.

HonestChieffan
07-19-2011, 02:25 PM
Dow Jones today: 12,587
Dow Jones one year ago: ~10,100
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=DJIA&insttype=Index

Business seems to be doing well - except for Steve Wynn's, apparently.

That does it for me, games over.

Let them eat cake?

RNR
07-19-2011, 02:35 PM
Here is a chart...



L

orange
07-19-2011, 02:52 PM
Here is a chart...
L

I don't see any chart, just a dumb letter. I assume this was just a typo and that you really intended to post the REAL chart ... you know, the one RIGHT THERE ON BUSINESSINSIDER which responds directly to this Steve Wynn rant. But since you screwed up the html, here, allow me:

http://static5.businessinsider.com/image/4e258ba04bd7c8451a4c0000/chart-of-the-day-gdp-without-deficit-spending-july-2011.jpg

CHART OF THE DAY: The Truth About Private Sector Growth Under Obama
Joe Weisenthal | Jul. 19, 2011, 9:10 AM | 2,839 | 41



Yesterday on his company's conference call, Wynn Resorts CEO Steve Wynn went on a fantastic, blistering tirade against the Obama administration.

He accused the administration of being a "wet blanket," killing job growth by introducing so much uncertainty.

So has the private sector really shriveled under Obama? No.

This chart looks at GDP without net government spending (AKA the deficit, AKA the difference between how much the government is pumping in via spending compared to how much its taking out via taxes). What you're left with, basically, is private sector growth.

It turns out growth is robust: The private sector is growing at just under 5% right now.

Not bad at all under an administration that supposedly hates business.

And of course, this fits in with what other data has showed: It's the public sector that's shedding jobs right now (as stimulus wears off), and the private sector adding them.



Read more: http://www.businessinsider.com/chart-of-the-day-gdp-minus-government-savings-2011-7#ixzz1SaQkQaKb

orange
07-19-2011, 02:55 PM
http://farm4.static.flickr.com/3057/3109754470_103087ed73.jpg

HonestChieffan
07-19-2011, 02:57 PM
Someone call Borders and tell em they aint broke.....

orange
07-19-2011, 02:59 PM
Someone call Borders and tell em they aint broke.....

Any of you Paulistas/freemarketers/Libertarians/Austrians/etc. want to take that one? Hell, any of you Econ I students could probably do it.

BucEyedPea
07-19-2011, 03:08 PM
Read it again, carefully.

Does Amnorix everreads such things right? Nope, he reacts. He's the king of strawmen. Wynn is a Democrat—or so he claims.

BucEyedPea
07-19-2011, 03:10 PM
Thaks Pat. You responded to it and now the thread is ruined with it's inane posting of pictures and charts and moonbat blather.

Pictures and smiley time.

BucEyedPea
07-19-2011, 03:11 PM
Any of you Paulistas/freemarketers/Libertarians/Austrians/etc. want to take that one? Hell, any of you Econ I students could probably do it.

Well geez, your using those labels before I arrived is quite inaccurate.

HonestChieffan
07-19-2011, 03:13 PM
Can't wait for the new jobs report. Man, things are back on track now!

Gonna run to the store and buy me some of the new lower cost food and get me some cheap gas!

orange
07-19-2011, 03:14 PM
Well geez, your using those labels before I arrived is quite inaccurate.

"freemarketers" is pretty generic; I suspect some of the prior posters would embrace that; and I think there may even be a Libertarian or two back in the early pages.

vailpass
07-19-2011, 03:21 PM
Pictures and smiley time.

Yep. Everyone has the right to be obnoxious but some abuse the privelege.

RNR
07-19-2011, 03:23 PM
http://farm4.static.flickr.com/3057/3109754470_103087ed73.jpg

Really? what is the job growth? what is the unemployed percentage? Boom? I have no idea why I even bother to reply to a myopic leftwinger~

vailpass
07-19-2011, 03:24 PM
Really? what is the job growth? what is the unemployed percentage? Boom? I have no idea why I even bother to reply to a myopic leftwinger~

If nobody talks to it then it might go away......

vailpass
07-19-2011, 03:25 PM
Does Amnorix everreads such things right? Nope, he reacts. He's the king of strawmen. Wynn is a Democratóor so he claims.

Amno is one of the sharper, non-moonbat lefties on here.

orange
07-19-2011, 03:27 PM
If nobody talks to it then it might go away......

Here, let me help you...

... you see where it says orange there to the left? Click it and then select the "ignore" option. You won't see any of my smilies or pictures anymore.

orange
07-19-2011, 03:39 PM
Really? what is the job growth? what is the unemployed percentage? Boom? I have no idea why I even bother to reply to a myopic leftwinger~

...


So has the private sector really shriveled under Obama? No.

...

It turns out growth is robust: The private sector is growing at just under 5% right now.

Not bad at all under an administration that supposedly hates business.

And of course, this fits in with what other data has showed: It's the public sector that's shedding jobs right now (as stimulus wears off), and the private sector adding them.


So, you're saying Joe Weisenthal of BusinessInsider.com is a myopic left-winger? :hmmm:

BucEyedPea
07-19-2011, 04:09 PM
Amno is one of the sharper, non-moonbat lefties on here.

Meh! You can still be intelligent and consistently strawman. Surprising for an attorney although I find this tendency to be stronger on the left.

Quickie
07-19-2011, 04:40 PM
Amno is one of the sharper, non-moonbat lefties on here.

Bormann wasn't a Nazi... he was just an architect and a personal friend of Hitler.

Amnorix
07-20-2011, 07:19 PM
Meh! You can still be intelligent and consistently strawman. Surprising for an attorney although I find this tendency to be stronger on the left.



You're so busy slapping labels on everyone else you can never pause to look in the mirror. As a result, the unintentional humor value of your posts is about as high as it gets around here.

Amnorix
07-20-2011, 07:19 PM
Bormann wasn't a Nazi... he was just an architect and a personal friend of Hitler.


I didn't even have a chance to tell him to piss off before he was banned. :LOL:

Thatguy
07-20-2011, 07:33 PM
Is this guy ( honest chiefs fan ) even a Chiefs fan ? Jesus christ man, all you do is copy and past......my dog can do that.

orange
07-20-2011, 07:41 PM
Is this guy ( honest chiefs fan ) even a Chiefs fan ? Jesus christ man, all you do is copy and past......my dog can do that.

Forget about him... have I got an avatar for you.

http://t3.gstatic.com/images?q=tbn:ANd9GcRz05yNiSuyF0GPGJJNjr1RutIOD7W-e35Dn9CKZQA173p1sd2n&t=1

Thatguy
07-20-2011, 07:43 PM
[QUOTE=orange;7760257]Forget about him... have I got an avatar for you.



We should petition the mods to rename honestchiefsfan "RIGHT click copy/paste" lol

BucEyedPea
07-20-2011, 09:24 PM
[QUOTE=orange;7760257]Forget about him... have I got an avatar for you.



We should petition the mods to rename honestchiefsfan "RIGHT click copy/paste" lol

You're actually saying that to orange? LMAO