Whenever a prominent business leader like Warren Buffett says anything good about the current White House resident, the media are quick to report it.
I highly doubt anti-Obama comments made Monday by Las Vegas casino magnate Steve Wynn during an earnings conference call with analysts will get anywhere near that kind of attention (video follows with transcript and commentary):
William Lerner - Deutsche Bank Securities
Steve, just 2 development questions for you. One in Macau, one in Vegas. Does it -- maybe you're already contemplating this formally, but does it make sense to build residential or villas in Macau, #1? And then #2, in Vegas, especially as I hear Marilyn talk about, a month like October for example, that there's not an inch of meeting square footage left in Las Vegas and as we think about limited or no supply over the next several years, being added back to Las Vegas, does it not make sense to expand your meeting square footage? I know you can do it east of country club or in that area?
Stephen Wynn
There's so much in this that's newsworthy if you're an impartial journalist actually interested in disseminating the news rather than impacting it.
First, Wynn claims to be a Democrat. When Republicans openly criticize Republicans, that's big news to Republican-hating media. That should also be the case when Democrats openly criticize Democrats.
Unfortunately, it's not.
Beyond this, we are a nation struggling with high unemployment. The Left and their media minions say it's because government isn't doing enough. They claim corporations are sitting on piles of cash because the public sector hasn't spent a large enough sum of money to stimulate consumer demand.
Such nonsense spews from New York Times columnist Paul Krugman on a weekly basis.
But here's a Democrat business owner saying on a conference call with analysts:
[T]his administration is the greatest wet blanket to business, and progress and job creation in my lifetime. And I can prove it and I could spend the next 3 hours giving you examples of all of us in this market place that are frightened to death about all the new regulations, our healthcare costs escalate, regulations coming from left and right...[I]t makes you slow down and not invest your money. Everybody complains about how much money is on the side in America. You bet. And until we change the tempo and the conversation from Washington, it's not going to change. And those of us who have business opportunities and the capital to do it are going to sit in fear of the President...I'm telling you that the business community in this company is frightened to death of the weird political philosophy of the President of the United States. And until he's gone, everybody's going to be sitting on their thumbs.
If Obama was a Republican, and the nation was suffering from 9.2 unemployment, Wynn's comments would be headline news from coast to coast, especially as we are now less than sixteen months away from a presidential election.
As of 9:30 AM, according to Google news, this has yet to get much attention from Obama's fans in the press.
I wonder why.
(H/T Business Insider via my buddy Shekhar Jain)
*****Update: Another reason this should garner significant media attention is Wynn voted for Obama. Here's a video where he admits it (relevant section at 1:00, grateful h/t Wife Mother Daughter):
If Obama was a Republican, one can imagine a loop of Wynn saying he voted for him followed by his negative comments two and a half years later.
Why is that not likely going to be the case now?
