From Investors Business Daily:
Las Vegas CEO Steve Wynn drew attention for a boardroom rant denouncing the intolerable business climate fostered by the White House. He’s hardly the first. What’s happening is emblematic of a bigger problem.
In a Monday conference call, the casino magnate credited with revitalizing Las Vegas blasted President Obama, declaring him “the greatest wet blanket to business, progress and job creation in my lifetime.”
The blast was remarkable for two reasons: Wynn has been a staunch supporter of the Obama administration from the beginning and still considers himself a Democrat. But even more remarkable, it’s been out of character for CEOs such as Wynn to express their views in such blunt terms on political matters.
“A lot of people don’t want to say that,” he said. “They’ll say, ‘Oh God, don’t be attacking Obama.’ Well, this is Obama’s deal, and it’s Obama that’s responsible for this fear in America,” said Wynn. “The guy keeps making speeches about redistribution, and maybe ‘we ought to do something to businesses that don’t invest or (are) holding too much money.’ We haven’t heard that kind of talk except from pure socialists.”
Business is being hammered, he said. “And I’m telling you that the business community in this country is frightened to death of the weird political philosophy of the president of the United States.”