Holy Smokes!
Steve Wynn, is CEO of Wynn Resorts.
He unloaded on President Obama again.
Punch line: “I’m afraid of the president. I have no idea what goofy idea, what crazy, anti-business program this administration will come up. I have no idea. And I have to tell you Jon that every business guy I know in the country is frightened of Barack Obama and the way he thinks.”
Wrap: “I can’t stand the idea of being demagogued, that is put down by a president who has never created any jobs and who doesn’t even understand how the economy works.”
* * * * *
Ken’s Prediction: I heard directly from a Fortune 500 CEO that he – and other CEO’s – were afraid to speak out against Obama because they feared retaliation from the administration. I heard directly from a guy who owned a highly profitable chain of auto dealerships that were closed when he spoke out against the auto bailouts.
Now, since Obama’s on the ropes, I expect a cascade of business execs to start speaking out.
Tags: Steve Wynn
October 12, 2012 at 2:07 am |
[…] the street has it that hundreds if not thousands of CEOs want to make similar statements, but are afraid of political retribution by the Obama machine.Folks, Obama promised “fundamental transformation” in 2008 and he’s making good […]
October 13, 2012 at 8:53 am |
Details? Other than than Obama is not ‘one of us’ and that he ‘thinks differently’? Pretty weak.