Showing posts with label billionaires. Show all posts
Showing posts with label billionaires. Show all posts

Friday, May 6, 2016

Crybaby billionaire casino magnate, Steve Wynn, who hates gov't interference, now wants gov't to help his stock

steve wynn

These crybaby billionaires.

When they're on top of the world it's because they're smarter than everyone and self-sufficient and makers, not takers, right?

Steve Wynn has railed about government interfere in the past, decrying Obama as a "socialist."

But now, when his stock is under pressure from short sellers, he's whining that the government is not in there, helping him out.

He lamented that the SEC hasn’t done anything about high frequency traders.
“I have very little respect for the integrity of the trading on the exchange in most stocks. And I have particular disdain for the fact that the SEC has failed to deal with high-frequency traders who are doing nothing more than taking advantage of inside information, a buy or a sell order, because of technology advantages,” he said. "If you read Flash Boys, it's all spelled out for you. And if I execute an order, I'll use the IEX. I'll use Brad Katsuyama if I was buying something, so that I couldn't be fronted by the high-frequency traders. But there's an awful lot of that going on."

Maybe these short sellers know something, like his Macau casino's are not doing so well. And he wants to tell the government to make them stop.

Waaaaaa....waaaaaaa

Tuesday, August 11, 2015

Scared Enough To DO Something Meaningfull? We'll See.

   (Commentary posted by Roger Erickson)


Why conservative billionaires have started talking like Bernie Sanders: “We are creating a caste system from which it’s almost impossible to escape” 
This is Kenneth Langone, the founder of Home Depot and a longtime GOP donor. His biggest fear? Income inequality. (hat tip John Lewis)
What do you supposed finally tipped Langone off? Sixty years of ignored feedback, finally opened by chance one afternoon?

What might the billionaires do? Auction off a few Congresspeople - and let a crowdfunding org buy them back?

Friday, April 5, 2013

Lee Fang — Powerful Right-Wing Groups Are on a Stealth Mission to Make America Look Like Texas


Conservative think tanks are on the march, working to tear down organized labor and promote extreme right-wing policies in state capitols from Alaska to Florida.
AlterNet
Powerful Right-Wing Groups Are on a Stealth Mission to Make America Look Like Texas
Lee Fang | The Nation

Neoliberalism on steroids planning a Libertarian crony capitalistic future based on political corruption.