HolyCoast: Casino Mogul Steve Wynn Blasts Washington
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Friday, May 28, 2010

Casino Mogul Steve Wynn Blasts Washington

Somebody who knows a thing or two about building a business and hiring people blasts the folks in Washington who can't seem to do anything right:
Steve Wynn says Americans are afraid. He’s just angry.

“Washington is unpredictable these days,” declares the CEO of Wynn Resorts. “No one has any idea what’s next…the uncertainty of the business climate in America is frightening, frightening to everybody, and it’s delaying the recovery.” ...

He’s even more passionate about where this country is headed.

Wynn speaks of “wild, uncontrolled spending,” and “unbelievable, unsustainable debt”. As he plans to split his company headquarters between Las Vegas and Macau, with a bigger emphasis on Macau because of its tremendous profitability, he has no qualms about dealing with the Chinese government.

“Macau has been steady. The shocking, unexpected government is the one in Washington.”

He’s concerned about the prospect of inflation, of FHA repeating the mistakes of Fannie and Freddie, and the cost to business from the new healthcare law. “We’re on our way to Greece, in the hands of a confused, foolish government,” Wynn says. “It’s got to stop. It’s got to stop.”
Who would have thought that putting money down on roulette would turn out to be a better bet than paying your income taxes.  At least with roulette there's a chance you can win.

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