Steve Wynn Blasts "Pure Socialist" Obama
Casino mogul Steve Wynn from Nevada blasted President Obama's economic policies this week, accusing him of scaring businesses with meteoric usually reserved for "pure socialists." However, Wynn's company profits have soared in 2011 despite the sluggish economy. Even though I'm strongly opposed to casinos, the point Steve Wynn made concerning President Obama scaring businesses is correct. He stated that businesses by and large are being stifled by the Obama administration, calling it the "greatest wet blanket to business, and progress and job creation in my lifetime." He claimed his firms and other customers in the hospitality sector are "frightened" of the administration. No wonder. President Obama and his cronies have done more to stifle job growth in the private sector than any other previous presidential administration. Last year Congress passed the Affordable Care Act or Obamacare, which is loaded with all kinds of regulations that I doubt most of our lawmakers are even aware of nor do they care. The sad part of the whole ordeal is most businesses don't have any idea what they're going to have to pay for employee health insurance. There have been numerous corporations that have received waivers from the Obama administration which means they won't have to comply with the new health care law. The fact that certain key businesses are being allowed to opt out of Obamacare tells me that the legislation is terrible. However, that's what the president and his cronies desire. Congress passed that bill because it gives government control over 1/6th of our nation's economy. Congress wants control over the American people. That's what Obamacare is all about. That's the goal of the forces of Nimrod.
Also, Congress passed a financial regulatory reform bill last year which will further stifle businesses and prevent them from investing in new jobs for America. President Obama also desires for corporations to invest in green technologies that are supposedly more environmentally friendly. However, some of those ideas aren't even realistic. The administration has halted further offshore drilling due to the Gulf Coast oil spill crisis last year supposedly. It was a good crisis that gave the Obama administration an excuse to halt further offshore drilling. That means that America can't be energy independent. America needs to stop depending upon the Middle East to supply its oil.
When President Obama campaigned for president in 2008, he revealed to Joe the Plumber (Joe Wurzelbacher) that he believed in the redistribution of wealth. He's plainly proven that. When he became president he continued the TARP bailouts that former president George W. Bush started at the end of his administration when Fannie Mae and Freddie Mac and AIG were on the verge of collapse. His administration has passed more laws that have added more regulations to businesses. Some lawmakers have criticized the corporate tax placed on business. The problem isn't so much the corporate tax but all the foolish, silly regulations which hamstring business. If those regulations were removed from small businesses, then our economy would grown once again. Consequently, the destruction of capitalism is their goal.
Many liberals such as Alan Colmes and Bob Beckel will tell you that President Obama isn't a socialist. Even though our country hasn't turned into a complete socialist state overnight doesn't mean he isn't a socialist. President Obama knows that you can't transform America into a socialist country overnight. It has to be done in phases. President Obama and former president Bush have done a masterful job in such a short period of time in transforming this country into a socialist nation. President Obama placed the foot to the metal when he became president and he's about succeeded. He's led this nation to socialism quicker than any other president in history. The American economy won't recover unless the stifling regulations the federal government has placed upon them is removed.
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