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.”
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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.
The Homa Files 