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Old 10-10-2012, 12:56 PM  
patteeu patteeu is offline
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"I'm afraid of the President..."

Steve Wynn, Las Vegas casino mogul, continues, "I have no idea what goofy idea, what crazy anti-business program this administration will come up with.... And I have to tell you, John, that every businessman in the country is frightened of Barack Obama and the way he thinks.... I'll be damned if I'll have him lecture me."

Watch the entertaining 5 minute video.
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Old 10-10-2012, 02:26 PM   #2
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Nobody with any amount of business acumen or commercial success has anything but contempt for obama from a business perspective. Investors and job producers are in a hold-mode until obama goes away.
Worst president in history.
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Old 10-10-2012, 02:37 PM   #3
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Not the guy you want in charge after a major recession.

You can start writing the history books on that one.
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Old 10-10-2012, 03:19 PM   #4
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Stock market up 100% since Obama took office. Business profits at record highs. OMG The Horror. The Horror.

Would this be the same Steve Wynn who tried to blame uncertainty for choosing to invest in Macau over Las Vegas - instead of overbuilt hotels and weak consumer demand? Nah couldn't be that - gotta be Obama's fault. Certainly a guy like Steve Wynn could never be expected to have the balls to launch a potentially profitable venture in the face of all that UNCERTAINTY. Guys like him don't get where they are by taking chances.

In other butthurt rich guy news: CEO to Workers: You'll Likely Be Fired If Obama Is Re-elected

Quote:
David Siegel, the owner of Westgate Resorts, sent a surprising email to his employees Monday.

It said that if President Barack Obama wins re-election and raises Siegel's taxes, he will have to lay off workers and downsize his company — or even shut it down.

"If any new taxes are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of this company," he wrote. "Rather than grow this company I will be forced to cut back. This means fewer jobs, less benefits and certainly less opportunity for everyone."

In a version of Romney's "47 percent" remarks, Siegel added that "people like me who made all the right decisions and invested in themselves are being forced to bail out all the people who didn't. The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed 42 years of my life for."

...

David Siegel is the man who, together with his wife, Jackie, built the largest new house in America, known as "Versailles." His story first appeared in my book, "The High-Beta Rich." It then made it to the big screen with the documentary film "The Queen of Versailles."

They became symbols of outsized spending, debt and real estate in America.

But when the company started buckling under $1 billion in debt during the crisis, the Siegels' home went into foreclosure and was put up for sale. They cut back on the jet, took the kids out of private school and gave up some of their staff.

...

Siegel said he's not acting out of self interest, but for the interest of his workers. While Westgate has never been more profitable, the company has 5,000 fewer workers than in 2007.
So he's just going to take a viable company that's never been more profitable, and scale it back. Because he obviously hates money. Soooo many other things wrong with this. Like if Mitt goes through with his debate promises - won't this guy's taxes go up a ton anyway? Also nice sweetheart deal he got on his ridiculous loans, unlike those that made all the wrong decisions and now want to mooch off him.

In before - "why do you hate success?"

Oh yeah, also he plagiarized most of the letter: http://gawker.com/5950189/the-ceo-wh...obamas-elected

And David Frum runs down the laundry list of reasons why this guy is an idiot: http://www.thedailybeast.com/article...at-so-mad.html
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Old 10-10-2012, 04:26 PM   #5
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Economy's doing great, guys. You heard it from Suzzer first.
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Old 10-10-2012, 04:29 PM   #6
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Originally Posted by suzzer99 View Post
Would this be the same Steve Wynn who tried to blame uncertainty for choosing to invest in Macau over Las Vegas
Yeah, I think it is. In fact, he credits his successful investment in Macau with his ability to keep his Vegas employees working and getting cost of living increases in the video that you probably didn't watch.
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Old 10-10-2012, 05:07 PM   #7
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Originally Posted by vailpass View Post
Nobody with any amount of business acumen or commercial success has anything but contempt for obama from a business perspective. Investors and job producers are in a hold-mode until obama goes away.
Worst president in history.
I had a guy this week, with sincerity, tell me that Obama won't go away, win or lose.
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Old 10-10-2012, 05:11 PM   #8
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I had a guy this week, with sincerity, tell me that Obama won't go away, win or lose.
Oh trust me if by some slim chance he loses the left will turn on him in a heartbeat~
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Old 10-10-2012, 05:13 PM   #9
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My favorite attack from the left.. "but companies are still making money" or "these guys are getting richer every day!"... ok.. fine... and you think that higher taxes will cause them to change their ways and hire more workers?

I'm not one of the guys who wants to see massive tax cuts... but to think RAISING the cost of doing business (as Obama is for with Obamacare and his punitive regulatory policies) is going to HELP things is the height of idiocy. Companies are remaining stagnant not because of high taxes.. it's out of FEAR of higher taxes and more regulation etc etc...

Electing Romney alleviates that immediately. Electing Obama means we undergo another "wait and see" period while Obamacare kicks in and business stays fearful of the next boot dropping regarding regulations. In the end, business WILL pick up again regardless of who is elected. The difference is WHEN. Obama's policies(or fear of them, even if it is completely irrational and imaginary) will continue to slow our growth for at least the next year or two if he is elected.
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Old 10-10-2012, 05:40 PM   #10
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Quote:
Originally Posted by patteeu View Post
Yeah, I think it is. In fact, he credits his successful investment in Macau with his ability to keep his Vegas employees working and getting cost of living increases in the video that you probably didn't watch.
Not going to watch it but I bet he doesn't mention the millions in bribes he has paid for his Macau that was financed by his American workers.
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Old 10-10-2012, 05:41 PM   #11
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My favorite attack from the left.. "but companies are still making money" or "these guys are getting richer every day!"... ok.. fine... and you think that higher taxes will cause them to change their ways and hire more workers?

I'm not one of the guys who wants to see massive tax cuts... but to think RAISING the cost of doing business (as Obama is for with Obamacare and his punitive regulatory policies) is going to HELP things is the height of idiocy. Companies are remaining stagnant not because of high taxes.. it's out of FEAR of higher taxes and more regulation etc etc...

Electing Romney alleviates that immediately. Electing Obama means we undergo another "wait and see" period while Obamacare kicks in and business stays fearful of the next boot dropping regarding regulations. In the end, business WILL pick up again regardless of who is elected. The difference is WHEN. Obama's policies(or fear of them, even if it is completely irrational and imaginary) will continue to slow our growth for at least the next year or two if he is elected.
Hooray more specious uncertainty nonsense.
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Old 10-10-2012, 05:44 PM   #12
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Hooray more specious uncertainty nonsense.
Specious uncertainty nonsense that only YOU seem to think is such. Business leaders across America disagree, economists disagree... yet the almighty mind of KCNative has it all figured out. What a ****ing joke.
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Old 10-10-2012, 05:47 PM   #13
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Quote:
Originally Posted by AustinChief View Post
My favorite attack from the left.. "but companies are still making money" or "these guys are getting richer every day!"... ok.. fine... and you think that higher taxes will cause them to change their ways and hire more workers?

I'm not one of the guys who wants to see massive tax cuts... but to think RAISING the cost of doing business (as Obama is for with Obamacare and his punitive regulatory policies) is going to HELP things is the height of idiocy. Companies are remaining stagnant not because of high taxes.. it's out of FEAR of higher taxes and more regulation etc etc...

Electing Romney alleviates that immediately. Electing Obama means we undergo another "wait and see" period while Obamacare kicks in and business stays fearful of the next boot dropping regarding regulations. In the end, business WILL pick up again regardless of who is elected. The difference is WHEN. Obama's policies(or fear of them, even if it is completely irrational and imaginary) will continue to slow our growth for at least the next year or two if he is elected.
I had a guy, yesterday, who already knows my leanings, who fashions himself an intellectual, purport that those evil gas companies are getting rich, when the subject of the high gas prices came up.

I replied, as nicely as I can because he is a customer you see, If you were the owner of the inventory in the ground of one of those gas stations, and you got told, we don't know when we will be able to get another shipment, what would you do?

I also asked him, you do realize, that the oil companies sell less gas when it is 5 bucks a gallon? He agreed, people conserve, car pool, combine trips, less joy riding etc.

I said, they make less money if they sell less units? Novel concept, supply and demand. We agreed in parting, that the real solution, if for there to be more competition on the supply side. Well, there you go again/ reagan off. To bad the government is stopping any new oil drilling, oil pipelines, and new refineries to come on stream to help alleviate these supply disruptions on the supply side.

I didn't even go into all the intensive capital investment necessary, YEARS before it turns a profit.



Oh, and btw, I heard that Chevron missed their earnings marks with a down quarter. Serves them bitches right, eh?
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Old 10-10-2012, 05:47 PM   #14
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Specious uncertainty nonsense that only YOU seem to think is such. Business leaders across America disagree, economists disagree... yet the almighty mind of KCNative has it all figured out. What a ****ing joke.
Oh is this where you cite papers that you don't understand and claim that a couple people is now a consensus because you agree with the specious idea?
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Old 10-10-2012, 05:53 PM   #15
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Oh is this where you cite papers that you don't understand and claim that a couple people is now a consensus because you agree with the specious idea?
papers that I don't understand? rich! Coming from a guy whose basic grasp of english is tenuous at best. The fact is, you've been exposed for the moron you are. No one takes you seriously (if they ever did), your opinions are nothing more than petulant rantings from a delusional idiot.

You add absolutely nothing of value to any conversation and I think even your fellow left leaners know that by now.
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