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RE: A Historical Take on the Tea Party - 5/31/2010 10:02:17 AM   
Sanity


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Wynn's flush with cash, try reading the interview before commenting on it.


quote:

ORIGINAL: domiguy

A guy who has built up Vegas beyond capacity is now criticizing that people can't waste their money in his over priced and abundant rooms?

He is a douchefuck. Wynn wants a bailout...He seems unable to understand what role he has played in his own demise.


< Message edited by Sanity -- 5/31/2010 10:06:06 AM >

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RE: A Historical Take on the Tea Party - 5/31/2010 10:10:02 AM   
Musicmystery


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quote:

I thought that Wynn sounded a lot like Merc in that interview.

I did too. And I agree with Merc about taking financial advantage of whatever the situation plays out to be.

But Wynn is being simplistic in this instance. His lament is the unstable business climate. He doesn't mind working with China because that economy is largely state controlled (the socialism we hear warnings about so frequently). It can also bite him in the ass should there be some incident that makes China change course abruptly. Nor is his criticism of Washington much beyond the instability--theoretically, for example, everyone could just agree to leave all things as they are, unchallenged, and we'd have a stable business climate. It's the debate that's the problem, the uncertainty of direction, that complicates business decisions.

Splitting his business between Macao and Las Vegas makes sense in a global economy, no matter what the economic times. His allusions to Greece are silly--we're similar only in that we have debt. Greece's problems stem from fundamental structural problems that its affiliation with the Euro obscured. Hence, the tough correction. Not only do we not share that problem, but the dollar is up against the Euro, as are interest rates on Treasury notes.

What he ignores is that he's in the resort business, and especially, the Las Vegas gaming industry, an endeavor extremely sensitive to downturns. To pretend that reflects the broader business climate is disingenuous--GDP has been quite healthy now for nearly a year.

One concern I have, though, is the Gulf oil spill, which apparently is going to continue to gush oil until relief wells are in place in August. That's bad enough, but then add a few hurricanes. The result has got to be a significant drain on the economy, and there will be ambivalence about throwing money at the problem vs. leaving the south to suffer. Whatever happens, it will be a mess, environmentally, politically, socially, perhaps health-wise, definitely energy-wise, and certainly economically.

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RE: A Historical Take on the Tea Party - 5/31/2010 10:11:37 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
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Status: offline 		yup.  I agree.  The oil spill is obamas Katrina.   On the end the fed crowd can save us.

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RE: A Historical Take on the Tea Party - 5/31/2010 10:14:13 AM   
Sanity


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quote:



Wynn spoke to CNBC in Las Vegas from the new Encore Beach Club opening for the Memorial Day weekend. He created the $69 million pool club and bar area after tearing down a brand new $13 million entrance to the Encore which looked out on Las Vegas Boulevard.


Turns out the view wasn’t good. Across the street are a slew of half finished developments which stalled in the downturn. Wynn didn’t want his guests to see that. “There were going to be 10,000 rooms across the street and they all went bust.” So he changed the whole front of the resort to close it off and create a sensual adults-only escape.


I'd say he must be doing okay for himself.


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RE: A Historical Take on the Tea Party - 5/31/2010 10:14:14 AM   
Musicmystery


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quote:

ORIGINAL: willbeurdaddy
quote:

ORIGINAL: dcnovice
This raises an interesting dilemma for leaders in a republic: What do you do when "the people" seem to want one course of action, and you believe another course to be in the national interest?

Not a dilemma at all. You were voted in to represent the interests of your constituents. Your beliefs are secondary to theirs.

Of course it's a dilemma. Popular opinion does not necessarily represent the best interest of those constituents.

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RE: A Historical Take on the Tea Party - 5/31/2010 10:27:09 AM   
Sanity


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The Dems aren't ignoring the majority's concerns because they know best, they're doing so for purely selfish reasons. Thats why they write their bills in sleazy back rooms and keep the visitor logs to the White House a secret despite having falsely promised us "transparency" and "openness".

These politicians act as though their only constituents who matter are the ones who contribute the most PAC money to their campaigns and to their party, the mega corps who offer them the sweetest under the table bribes. Obamas got close ties to Goldman Sachs for example, he even took money from BP and his underlings gave them a safety award recently... while the inspector bureaucrats did everything except inspect, all on our dime.


quote:

ORIGINAL: Musicmystery
Of course it's a dilemma. Popular opinion does not necessarily represent the best interest of those constituents.


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RE: A Historical Take on the Tea Party - 5/31/2010 10:29:17 AM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		Tea Party was never supposed to be NEOCONS!

The neocons wrecked it.   So we go to civil war.  No problem.

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RE: A Historical Take on the Tea Party - 5/31/2010 10:56:44 AM   
Musicmystery


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quote:

ORIGINAL: Sanity
The Dems aren't ignoring the majority's concerns because they know best, they're doing so for purely selfish reasons.
quote:

ORIGINAL: Musicmystery
Of course it's a dilemma. Popular opinion does not necessarily represent the best interest of those constituents.


As are the Republicans. Or so the Teas tell us.

That's not the point--dc is asking a philosophical question. And, with well intentioned people all the way around, it would be a dilemma.



< Message edited by Musicmystery -- 5/31/2010 11:12:22 AM >

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RE: A Historical Take on the Tea Party - 5/31/2010 11:36:03 AM   
Owner59


Posts: 17033
Joined: 3/14/2006
From: Dirty Jersey
Status: offline 		Grass roots means small individual donations by the middle/working class(the majority of voters).

Not corporate funding by lobbiests and corporate CEOs.

Trying to seem folksy and grass roots is a trick,done by their highly compensated PR firms.

It`s by nature,populace,not the moneyed elite or thier minions.

The tea-party ,as it is today,is not genuine.


Here is real tea-party member,complaining about being coopted by far right republicans like sanity.

The "tea-party" that rupert murdock/dick armey/sarah palin have brought us is media production,payed for my millionaire/billionaire money.

The real tea-party movement`s leader in Dr Ron Paul.

He`s the real thing and for that,I`ve always respected him.He`s not a republican in the sense that republicans are unable to speak the truth,ever.

He`s anti tax,anti big gov,anti war and as Rachael pointed out,often anti-republican.He pulled off a very impressive counter-convention during the last loser GOP convention.But the cons wanted a make pretend maverick.A real maverick like Ron Paul scares the shit out of neo-cons.

He was the one the republican/corporate party establishment rejected and mocked.They tried to destroy this man politically.

A good analogy would be the GOP establishment, fighting Ron Paul(the original tea-party guy) tooth and nail while in the water.Eventually the GOP becomes exhausted and spent and looses(last November,remember?)After fighting dirty and trying to hurt Paul,the repugnentens grab around the neck of Ron Paul for dear life and breath.But in the end,they`ll both go down.

This rah rah rah coming from the neo-cons laughable.That`s why we call them neo-cons.lol

That`s why sanity calls himself a proud neo-con.Because he wants to be a "new conservative",not an old school conservative,which is what the tea-party is.

It`s no surprise the deluded republican leadership,the far right radicals,the neo-cons,want it both ways.To call themselves conservatives and then act like neo-conservatives.

The real surprise so far is the primary voters,tea-party, tea-bagger or not,who haven`t been very kind to the neo-conservatives,ei.the GOP establishment types.

.



< Message edited by Owner59 -- 5/31/2010 11:44:03 AM >

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RE: A Historical Take on the Tea Party - 5/31/2010 11:40:35 AM   
pahunkboy


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Joined: 2/26/2006
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Status: offline 		Do you realize how much money they are spending to unseat Ron Paul?

Incredible amounts.

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RE: A Historical Take on the Tea Party - 5/31/2010 11:41:33 AM   
thishereboi


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quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: thishereboi

I'm in this country and I disagree.

Was there substance to his opinion? I must have missed that part.



There was a lot of substance to his opinion, if the posts from republicans on this board are anything to go by.

You dont have to live in the US to see what they have written on this board over the last few years, do you ?


And they speak for every other republican on here? Hell if you listen to some posters, it seems they speak for anyone on the right? If I was to pick a few posters from the UK and start judging you all based on that, you would all be unemployed and spend your days whining about pros or looking down your noses at the rest of the world.


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RE: A Historical Take on the Tea Party - 5/31/2010 12:13:34 PM   
Politesub53


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quote:

ORIGINAL: thishereboi

quote:

ORIGINAL: Politesub53

quote:

ORIGINAL: thishereboi

I'm in this country and I disagree.

Was there substance to his opinion? I must have missed that part.



There was a lot of substance to his opinion, if the posts from republicans on this board are anything to go by.

You dont have to live in the US to see what they have written on this board over the last few years, do you ?


And they speak for every other republican on here? Hell if you listen to some posters, it seems they speak for anyone on the right? If I was to pick a few posters from the UK and start judging you all based on that, you would all be unemployed and spend your days whining about pros or looking down your noses at the rest of the world.



Why dont you prove us wrong then, because I dont recall any posts from you being critical of Bush, or in praise of Obama. Much the opposite from recollection.

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RE: A Historical Take on the Tea Party - 5/31/2010 12:42:36 PM   
rulemylife


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quote:

ORIGINAL: TreasureKY

quote:

ORIGINAL: rulemylife

You are using rationalizations to justify your argument.


And you are using a burden of proof fallacy to support yours.



Well, thank you for that link, otherwise I would not have a clue what burden of proof meant.

That's why I always like these little discussions with you and Firm.

I always learn sooooo much!

The problem here is, as usual, instead of addressing the issue on its merits you are parsing words and turning it into a semantic argument.

But you know that, and you are just playing your usual games to divert from the issue.






< Message edited by rulemylife -- 5/31/2010 12:43:54 PM >

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RE: A Historical Take on the Tea Party - 5/31/2010 12:52:49 PM   
brainiacsub


Posts: 1209
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From: San Antonio, TX
Status: offline 		Yep, she did it with me, too. It makes these discussions boring, and ultimately unproductive.

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RE: A Historical Take on the Tea Party - 5/31/2010 1:03:52 PM   
rulemylife


Posts: 14614
Joined: 8/23/2004
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quote:

ORIGINAL: Sanity


Steve Wynn, CEO if Wynn Resorts, may not be a Tea Party member but he has a good handle on whats behind their grass roots movement:


quote:

Steve Wynn Takes on Washington, Vegas & EBITDA

Steve Wynn says Americans are afraid. He’s just angry. “Washington is unpredictable these days,” declares the CEO of Wynn Resorts “No one has any idea what’s next…the uncertainty of the business climate in America is frightening, frightening to everybody, and it’s delaying the recovery.”

<snip>

Wynn speaks of “wild, uncontrolled spending,” and “unbelievable, unsustainable debt”. As he plans to split his company headquarters between Las Vegas and Macau, with a bigger emphasis on Macau because of its tremendous profitability, he has no qualms about dealing with the Chinese government.

Macau has been steady. The shocking, unexpected government is the one in Washington.”

He’s concerned about the prospect of inflation, of FHA repeating the mistakes of Fannie and Freddie, and the cost to business from the new healthcare law. “We’re on our way to Greece, in the hands of a confused, foolish government,” Wynn says. “It’s got to stop. It’s got to stop".





You just sort of flip-flop around all over the place don't you?

You'll pretty much agree with anything as long as it is anti-Obama.

We go from one thread where you are posting pictures of Tiananmen Square and calling the Chinese iron-fisted Communist tyrants to this thread where Wynn becomes your hero for moving his operations to that iron-fisted, tyrannical country.




< Message edited by rulemylife -- 5/31/2010 1:12:15 PM >

(in reply to Sanity)
Profile   Post #: 75
RE: A Historical Take on the Tea Party - 5/31/2010 1:10:03 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		The Tea Party people want 1207.

(in reply to rulemylife)
Profile   Post #: 76
RE: A Historical Take on the Tea Party - 5/31/2010 1:28:31 PM   
popeye1250


Posts: 18104
Joined: 1/27/2006
From: New Hampshire
Status: offline
quote:

ORIGINAL: Musicmystery

quote:

I thought that Wynn sounded a lot like Merc in that interview.

I did too. And I agree with Merc about taking financial advantage of whatever the situation plays out to be.

But Wynn is being simplistic in this instance. His lament is the unstable business climate. He doesn't mind working with China because that economy is largely state controlled (the socialism we hear warnings about so frequently). It can also bite him in the ass should there be some incident that makes China change course abruptly. Nor is his criticism of Washington much beyond the instability--theoretically, for example, everyone could just agree to leave all things as they are, unchallenged, and we'd have a stable business climate. It's the debate that's the problem, the uncertainty of direction, that complicates business decisions.

Splitting his business between Macao and Las Vegas makes sense in a global economy, no matter what the economic times. His allusions to Greece are silly--we're similar only in that we have debt. Greece's problems stem from fundamental structural problems that its affiliation with the Euro obscured. Hence, the tough correction. Not only do we not share that problem, but the dollar is up against the Euro, as are interest rates on Treasury notes.

What he ignores is that he's in the resort business, and especially, the Las Vegas gaming industry, an endeavor extremely sensitive to downturns. To pretend that reflects the broader business climate is disingenuous--GDP has been quite healthy now for nearly a year.

One concern I have, though, is the Gulf oil spill, which apparently is going to continue to gush oil until relief wells are in place in August. That's bad enough, but then add a few hurricanes. The result has got to be a significant drain on the economy, and there will be ambivalence about throwing money at the problem vs. leaving the south to suffer. Whatever happens, it will be a mess, environmentally, politically, socially, perhaps health-wise, definitely energy-wise, and certainly economically.


Funny about Wynn, he supports the "global economy" that takes money out of his customer's pockets so that they can't afford to go to his casinos in Vegas! lol Where'd he go to school, Harvard, Yale?
If twenty million people who used to make $75k are now making $30k "Vegas" is going to be way down on their list of things to do.

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RE: A Historical Take on the Tea Party - 5/31/2010 1:29:02 PM   
rulemylife


Posts: 14614
Joined: 8/23/2004
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quote:

ORIGINAL: pahunkboy

yup.  I agree.  The oil spill is obamas Katrina.   On the end the fed crowd can save us.




How do you agree when you obviously don't even understand what he said.

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RE: A Historical Take on the Tea Party - 5/31/2010 1:32:29 PM   
pahunkboy


Posts: 33061
Joined: 2/26/2006
From: Central Pennsylvania
Status: offline 		Because I drink some really aromatic tea???

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RE: A Historical Take on the Tea Party - 5/31/2010 1:44:42 PM   
rulemylife


Posts: 14614
Joined: 8/23/2004
Status: offline
quote:

ORIGINAL: TreasureKY

quote:

ORIGINAL: Politesub53

I have asked the following many times and not had a reply from anyone, well not that was serious.
"Would any of you against the bailouts, been happy to see the failure of a large bank, if it meant you lost everything ?"
Somehow I doubt it, we would have had cries of  "Why didnt the Governement DO something wah wah."


I'll offer a serious answer to your question.

Theoretically, no one would have lost everything.  For many years now the Government has guaranteed deposits in member banks through the FDIC.  Currently, the amount guaranteed is $250,000.

Technically, the Government has been doing something since 1933.



You do realize that FDIC insurance is not unlimited?

It is already being stretched by the number of failures that have occurred since TARP was enacted.

Those failures would be far greater in number without it.



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