Saturday, May 29, 2010

Steve Wynn On Healthcare & Washington

Don't miss what billionaire Steve Wynn has to say about Health Care Reform as well as the current state of uncertainty in America and its inherent effect on business. I must reprint it and give you the link as it was on CNBC so otherwise no one would know.

“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.”

Friday, May 28, 2010

Happy Memorial Day

To all who have served please accept my sincere thanks.