STEVE WYNN Goes On-Rant About Occupy Wall Street,Obama, Deficits..Anger At Government

Business Insider ^ | 10-19-11 | Joe Weisenthal

[STARWISE]

COMPLETE TITLE:

STEVE WYNN Goes On Big Rant About Occupy Wall Street, Obama, Deficits, And Anger At The Government

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Classic.

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.

*snip*

You're seeing it taken to the next level in Greece.

People are trying to break into a parliament primarily controlled by the Unions.

There comes a moment when the population realizes that it has to stop.

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.

It's one thing if it's kids.

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.

[STARWISE]

Wynn's July Rant- Steve Wynn Annihilates Barack Obama: "This Administration Is The Greatest Wet Blanket To Business And Job Creation In My Lifetime"

Today's rant - Steve Wynn Epic Anti-Obama Rant Part II - Full Audio And Transcript With Complete #OccupyWallStreet Thoughts

Excerpt:

"I am watching my employees standard of living drop off because of deficits. I think that the American public is beginning to make the connection between deficits and their own loss of the standard... I say right now that the Democratic agenda of spend and bribe the public has bankrupt this country, and until it stops, the citizens of this country are in for more hard times. And fancy speeches aren't going to change that. Only a fundamental realization that citizens are going to have to take real, sophisticated responsibility for how we allocate the resources of this country."

[Howie66]

I hear you loud and clear, Mr. Wynn!

Just remember, it was people like YOU that gave US Ubama and the rest of the RATs that are killing our country.

[molson209]

They need an OWS reality show , that should be fun LOL

[PapaNew]

That’s because he’s a Wynner unlike these whiners who are losers.

[Terry Mross]

I agree with what they say but people like Wynn and Wayne Newton aren’t very good “faces” of the conservative movement.

[Chode]

Letter from the Boss -
Date: Tue, 18 Oct 2011 16:10:53 -0700

Subject: Letter from the Boss - A real letter from a real company

To All My Valued Employees,

There have been some rumblings around the office about the future of this company, and more specifically, your job. As you know, the economy has changed for the worse and presents many challenges. However, the good news is this: The economy doesn't pose a threat to your job.

What does threaten your job however, is the changing political landscape in this country. Of course, as your employer, I am forbidden to tell you whom to vote for - it is against the law to discriminate based on political affiliation, race, creed, religion, etc.

Please vote who you think will serve your interests the best. However, let me tell you some little tidbits of fact which might help you decide what is in your best interest. First, while it is easy to spew rhetoric that casts employers against employees, you have to understand that for every business owner there is a back story.

This back story is often neglected and overshadowed by what you see and hear Sure, you see me park my Mercedes outside. You've seen my big home at last years Christmas party. I'm sure all these flashy icons of luxury conjure up some idealized thoughts about my life. However, what you don't see is the back story.

I started this company 12 years ago. At that time, I lived in a 300 square foot studio apartment for 3 years. My entire living space was converted into an office so I could put forth 100% effort into building a company which, by the way, would eventually employ you.

My diet consisted of Ramen Pride noodles because every dollar I spent went back into this company. I drove a rusty Toyota Corolla with a defective transmission. I didn't have time to date. Often times, I stayed home on weekends, while my friends went out drinking and partying. In fact, I was married to my business -- hard work, discipline, and sacrifice.

Meanwhile, my friends got jobs. They worked 40 hours a week and made a modest $50K a year and spent every dime they earned. They drove flashy cars and lived in expensive homes and wore fancy designer clothes. Instead of hitting Nordstrom's for the latest hot fashion item, I was trolling through the Goodwill store extracting any clothing item that didn't look like it was birthed in the 70's.

My friends refinanced their mortgages and lived a life of luxury. I, however, did not. I put my time, my money, and my life into a business with a vision that eventually, some day, I too, will be able to afford these luxuries my friends supposedly had.

So, while you physically arrive at the office at 9 a.m., mentally check in at about noon, and then leave at 5 p.m., I don't. There is no "off" button for me. When you leave the office, you are done and you have the weekend all to yourself. I unfortunately do not have the freedom. I eat, ****, and breathe this company every minute of the day. There is no rest. There is no weekend. There is no happy hour. Every day this business is attached to me like a one day old baby.

You, of course, only see the fruits of that garden -- the nice house, the Mercedes, the vacations. You never realized the back story and the sacrifices I've made. Now, the economy is falling apart and I, the guy that made all the right decisions, sacrificed and saved his money, have 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 a decade of my life for. Yes, business ownership has is benefits but the price I've paid is steep and not without wounds. Unfortunately, the cost of running this business, and employing you, is starting to eclipse the threshold of marginal benefit and let me tell you why:

I am being taxed to death and the government thinks I don't pay enough. I have state taxes. Federal taxes. Property taxes. Sales and use taxes. Payroll taxes. Workers compensation taxes. Unemployment taxes. Taxes on taxes. I have to hire a tax man just to manage all these taxes and then guess what? I have to pay taxes for employing him. Government mandates and regulations and all the accounting that goes with it, now occupy most of my time. On Oct 15th, I wrote a check to the US Treasury for $288,000 for quarterly taxes. You know what my "stimulus" check was? Zero. Nada. Zilch.

The question I have is this: Who is stimulating the economy? Is it me, the guy who has provided 14 people good paying jobs and serves over 2,200,000 people per year with a flourishing business? Or, is it the single mother sitting at home pregnant with her fourth child waiting for her next welfare check?

Obviously, government feels the latter is the economic stimulus of this country. The fact is, if I deducted (Read: Stole) 50% of your paycheck you'd quit and you wouldn't work here. I mean, why should you? That's nuts. Who wants to get rewarded only 50% of their hard work? Well, I agree which is why your job is in jeopardy. Here is what many of you don't understand ... to stimulate the economy you need to stimulate what runs the economy. Had suddenly government mandated to me that I didn't need to pay taxes, guess what? Instead of depositing that $288,000 into the Washington black-hole, I would have spent it, hired more employees, and generated substantial economic growth. My employees would have enjoyed the wealth of that tax cut in the form of promotions and better salaries. But you can forget it now.

When you have a comatose man on the verge of death, you don't defibrillate and shock his thumb thinking that will bring him back to life, do you? Or, do you defibrillate his heart? Business is at the heart of America and always has been. To restart it, you must stimulate it, not kill it. Suddenly, the power brokers in Washington believe the mud of America are the essential drivers of the American economic engine.

Nothing could be further from the truth and this is the type of change you can keep. So where am I going with all this? It's quite simple. If any new taxes are levied on me, or my company, my reaction will be swift and simple. I fire you. I fire your co-workers. You can then plead with the government to pay for your mortgage, your SUV payment and for your child's future. Frankly, it isn't my problem any more. Then, I will close this company down, move to another country, and retire.

You see, I'm done. I'm done with a country that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, will be my citizenship.

While tax cuts to 95% of America sounds great on paper, don't forget the back story: If there is no job, there is no income to tax. A tax cut on zero dollars is zero. So, when you make decision to vote, ask yourself, who understands the economics of business ownership and who doesn't? Whose policies will endanger your job? Answer those questions and you should know who might be the one capable of saving your job. While the media wants to tell you "It's the economy Stupid" I'm telling you it isn't.

If you lose your job, it won't be at the hands of the economy; it will be at the hands of a political hurricane that swept through this country, steamrolled the Constitution, and will have changed its landscape forever. If that happens, you can find me in South Caribbean sitting on a beach, retired, and with no employees to worry about.

Signed, Your boss,

Michael A. Crowley, PE Crowley, Crisp & Associates, Inc.
Professional Engineers
1906 South Main Street, Suite 122 Wake Forest, NC 27587 Phone: 919.562.8860 x22 Fax: 919.562.8872
http://www.crowley crisp.com/Home/tabid/36/Default.aspx

[penelopesire]

That’s AWESOME!!! Sending it to everyone is my addy tonight.

PING!

[Cen-Tejas]

yes sir!......correct me if I am wrong (anybody) but didn’t this guy contribute huge sums to Obama and the Dimocratic party and/or cause huge sums to be donated?

Assuming i am correct, here is my short rant: “Where was your brain just 3 short years ago Wynn!?...........good grief!!!...........the writing was on the damn wall in 10’ tall letters for god’s sake?!..........”

The writing on the wall was that the man was a Marxist, Socialist, Inelligible, criminal (multiple SS #’s), america hater, muslim, muslim sympathizer, totally inexperienced, bound to tilt the SC.............’; and, I could go on and on.

So, now the SOB is screwing up and your acting surprised? HOW on god’s green earth could someone as stupid as you obviously are get to be in control of this large corporation?. Oh!..........Obama is President...........well, uh, yeah that explains it!

[Chode]

Who's John Galt???

[Soothesayer9]

Wynn talks a big rant until one realizes that he is firmly in Reid’s back pocket.

[SunkenCiv]

Thanks STARWISE.

• Wynn Resorts CEO Rips Obama In Earnings Conference Call With Analysts
• Steve Wynn: Obama a bad bet for biz (another one seeing the light)
• Wynn Slams Obama On Business: "Responsible For Fear In America" (Audio, included)
• Wynn CEO Goes On Epic Anti-Obama Rant On Company Conference Call
• Steve Wynn Rips President Obama
• Penn Jillette: Obama's 'stupid' jab at Vegas

[STARWISE]

HOLYMOLY! Is that for really real, chode ?

If so .. me, too Pen. Jaw dropping truth .. this man needs to get on Glenn Beck, O'Reilly, Rush, Levin and Cavuto!

Uh oh ... looks to be a hoax (I've been burned and learned to search further). Ping yer listees, Pen:

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Ed. note: This letter was originally circulated on the internet in an anonymous form, and only later began to be attributed to a Mr. M. Crowley. To protect Mr. Crowley's interests, we must note that Crowley & Associates of Wake Forest, North Carolina did not in fact write this letter. This website has received the following message from Michael Crowley:

From: Michael A. Crowley, PE
Sent: Friday, January 09, 2009 9:10 AM
Subject:

In reference to the “To all my valued employees” letter currently circulating the internet:

This letter was forwarded to me by a colleague. While the letter may indeed be authentic, I was not the author and I do not know the identity of the original author. I forwarded it to the “John McCain Joe the Plumbers” email group prior to the election.

Someone moved my contact information into the body of the message making it appear that I was the author of the letter. I would appreciate your removing my contact information prior to forwarding this message.

Michael A. Crowley, PE ]

~~~~~~~~

Here's Michael Crowley

Website

[South40]

Wynn might have a better argument if he hadn't helped fund the current band of socialist misfits who are destroying this country.

[STARWISE]

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[penelopesire]

Well..whoever wrote it is a genius!! Thanks for the update..I’ll just send it as some anonymous letter to my email lists!

[STARWISE]

I agree ..! It’s THE perfect missive for these times.

I guess we can call it anonymous. It packs such a punch.

[eyedigress]

I stole that BTW. It goes up tomorrow. I didn’t want to ask permission as I was taking it anyway.

[eyedigress]

Upon further reading I will remove any reference to the author.

[Chode]

i posted it from an email, don't know it's provenance, so i hope i haven't caused him any trouble...

guess ya gotta take everything with a grain of salt now days

[STARWISE]

Yep ...

Don’t worry one bit .. this one’s viral .. all over the net.

I always put quotes around a certain pithy phrase of the piece and search it. If it’s out there, you’ll see it.

It’s a masterful piece of work.