Steve Wynn Ridicules and Mocks Obama Administration and Congress

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News & Politics

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• Steve
• Wynn
• Ridicules
• Obama
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• Congress

[0ntop0fth3world]

Obama has done everything on the threshold of stupidity and destruction of our country to systematically dismantle our underlying vales.

He has persisted to rob us of our principles and alter the Constitution.

@Obama

Get your ass out of the White House before I march up there and kill you myself.

[rickhall832]

@whoo689 Steve Winn hasn't laid off an employee in years.

[Z3nfU31]

if u take china , then take ur arse over there playa

[whoo689]

Getting paid more to 'increase profit' simply by laying people off and shipping operations overseas seems like a pretty f'ed up incentive structure if you ask me. You're RUINING the lives of so many families with that crap! Don't you businessmen care??

...But I guess chasing that extra billion in potential profit for next year is so much more important.

[whoo689]

Or how about incentives to help clean up their environmental messes instead of passing it on to someone else b/c "It'll cost us more to clean up"?

It's such a sad day to see that the ONLY financial incentives have to do with fiduciary aspects of the business and very little with regard to morality or being a decent leader who employs 1000s.

[whoo689]

The incentive structure is ALL SCREWED UP, too. They get paid mainly for doing typical shit like "increasing shareholder value" or whatever, but do they get paid more for, say, doing a good deed like getting 10,000 new employees, who may have been desperate for income, with great pay, great hours and/or or securing great benefits for them? Just imagine if there were incentives for THAT.

Or how about financial incentives to OBEY THE LAW and not hide pollution and other lawbreaking shit?

[whoo689]

I also happen to think of capitalism and business in a HUMANISTIC fashion, not the cold, blind way economists and a lot of businessmen think of it. I think it IS possible, and we should give it a go. You can still make lots of profit but don't act like assholes with it.

What about jobs? Shouldn't businesses ALSO be around partly as a way to give people good jobs? If you don't want gov't to be the one with all the jobs... American execs. are too short-sighted, let's face it.

[whoo689]

But instead, too many execs just wanna take the easy and fast way out to lower costs, generating, yes, "increased profits", but it's really so phony. Increasing accounting profit simply by lowering costs dramatically DOES NOT indicate that your co. was in any way more able to generate increased market share or revenues, to name a few. It's just a way to save your ass. A stopgap measure. To "stay competitive", or so they claim.

[whoo689]

We have a 'democracy' in politics but an oligarchy when it comes to business. Why do only a handful of people get to make all these important decisions about how the largest corporations are run? Why not FORCE them to do a vote based on all the viable options and see what workers want?

Perhaps THEN they wouldn't need to offshore all those jobs. Plus, what about productivity? As one atuhor said in the book, "Easy Out", increasing productivity COULD help render offshoring less a solution.

[whoo689]

I mean, WHY? WHY do they always have to dump the costs on us (workers and/or consumers) in the form of higher prices, new fees, cuts in wages, layoffs, etc.?? Why do WE, the middle and lower-classes, have to foot the bill? IT'S INSANE! Meanwhile, 9 times out of 10, these execs. STILL don't get their pay cut, if at all. Very few of THEM lose their jobs. Simply b/c these assholes running the companies don't wanna pay up. It's time for worker-owned business. Fuck this Board of Directors shit.