Stagflation Nation

[nathanm]

Funeral costs are decidedly a lot cheaper than long term care costs. 

You'd think that smokers would save us health care money, then.

[Teatownclown]

VERY ON TOPIC. . .

From Hardcore Democrat Businessman Steve Wynn (in his quarterly company conference call):

I believe in Las Vegas. I think its best days are ahead of it. But I'm afraid to do anything in the current political environment in the United States. You watch television and see what's going on on this debt ceiling issue. And what I consider to be a total lack of leadership from the President and nothing's going to get fixed until the President himself steps up and wrangles both parties in Congress. But everybody is so political, so focused on holding their job for the next year that the discussion in Washington is nauseating.

And I'm saying it bluntly, that this 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. A President that seems, that keeps using that word redistribution. Well, my customers and the companies that provide the vitality for the hospitality and restaurant industry, in the United States of America, they are frightened of this administration. And it 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. And a lot of people don't want to say that. They'll say, God, don't be attacking Obama. Well, this is Obama's deal and it's Obama that's responsible for this fear in America.

The guy keeps making speeches about redistribution and maybe we ought to do something to businesses that don't invest, their holding too much money. We haven't heard that kind of talk except from pure socialists. Everybody's afraid of the government and there's no need soft peddling it, it's the truth. It is the truth. And that's true of Democratic businessman and Republican businessman, and I am a Democratic businessman and I support Harry Reid. I support Democrats and Republicans. And 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.

http://www.businessinsider.com/wynn-ceo-steve-wynn-conference-call-transcript-obama-2011-7

Steve Wynn helped create this horrible economy. He's got nothing worthy of listening to. Las Vegas is a SMILE hole. He's placed some bad bets and now is pointing his finger.

The blind leading the blind.

[Gaspar]

Steve Wynn helped create this horrible economy. He's got nothing worthy of listening to. Las Vegas is a SMILE hole. He's placed some bad bets and now is pointing his finger.

The blind leading the blind.

I wouldn't say that.  His company is one of the few to make almost 100% recovery from the recession.  He's even made a ton of money.

You can't just automatically hate everyone who is rich. . .oh, wait, who am I talking to?  Never mind!

[guido911]

Maybe this had something to do with Wynn's position.

[Breadburner]

Ol' dad at the end nailed it.....

[Red Arrow]

Well, we are unhealthy in one respect: We always feel the need to place blame on ourselves, whether it is actually deserved or not.

I'm glad to know that even if I deserve the blame for some of my actions that it would be unhealth to blame myself.  So I won't.  Thank you for permission to blame someone else.

[Red Arrow]

You'd think that smokers would save us health care money, then.

They probably save us some Social Security money.

[nathanm]

I'm glad to know that even if I deserve the blame for some of my actions that it would be unhealth to blame myself.  So I won't.  Thank you for permission to blame someone else.

Missed that subordinate clause there at the end, I guess?

But that's exactly what I was talking about. That we may be partially to blame for something does not mean that there is nothing we can do to improve our situation or that there are not other contributing factors. We say "oh, health care is expensive because we're fat," and drop it as if that's the only reason at all we spend so much more on medical care than any other country on Earth. No, it can't possibly be due to a doctor shortage. Or the cost of billing so many different insurance companies on so many different forms. Or that we are too procedure happy and figure we have to have an MRI for every ache and pain.

Nope, we're fat, and that's that.