i know steve wynn.hires a lot of lobbyists in washington, d.c., including frank farenkoff to gum up the works to keep casinos with tax breaks and everything advantage they can get. what steve wynn says i could care less. >> dana: rooms in vegas. >> greg: what does it mean? >> kimberly: i like that he is being transparent. he describes himself as democratic businessman, straightforward. but if you are worth $2.3 billion, you can say whatever is on your mind. >> bob: you talk about an oxymoron, steve wynn straightforward. >> dana: he said a magazine rated him as the 512th most rich person in the world. that's like being the tallest pygmy. >> eric: what you have to understand he's talking about businesses. we have 14.1 million people out of work because businesses are not hiring. they are not hiring for exactly the reason that steve wynn points out. they don't know what taxes look like going forward or healthcare looks like going forward. >> dana: i disagree. they have been passive aggressive. they're smar

steve wynn used the word socialist and checked it right out there. and steve moore, is president obama a socialist? >> no, he's not a socialist, but everything he's done on the economy has had one underriding theme, and that is that he wants to radically redistribute income and that means taking money from the rich and from companies and giving it to lower income people and i think that's a philosophy that always fails and by the way, one other point. one reason, kim, that more companies don't speak out against these, the federal government is the biggest customer, to a lot of the companies. they worry if they complain they're going to lose a lot of business. >> the problem that they're experiencing now, though, stuart. they've now realized that without consumer demand picking up in this country. without people actually coming and buying their products, they're not going anywhere. and that is not going to be restored until people start having jobs, and those people are able to spend money and that's why they consider what president obama is doing as a

steve wynn makes profits and creates jobs.iness that is create jobs are concerned as we've seen with layoffs continuing about the future regulation, taxation and general attitudes toward economic growth. that's what's going on with the private business sector. >> that's what they say. but i actually have a hard time believing that concern about future regulation is causing problems for someone like steve wynn. i don't see a lot of new regulations on, i don't know, restaurants or casinos or hotels coming out. we're hearing from the ceos about real distress about the slow growth of the u.s. economy and that actually is something that personally i wish that we had more focus on job creation and less focus on the deficit right now. >> let's jump forward to a different topic here. after practically creating the first consumer financial protection bureau, elizabeth warren's big reward was being shown the door. she was passed over to run the agency. instead, president obama nominated richard cordray to head the bureau. we want to sho

casino mogul steve wynn thinks so. he went off on the anointed one in a conference call yesterday. ♪ engine revving ] [ male announcer ] 125 years ago... we invented the automobile. ♪ and 80,000 patents later, we're still reinventing it. ♪ it's no coincidence that the oldest car company h the youngest and freshest line in the luxury class. mercedes-benz. see your authorized mercedes-benz dealer for exceptional offers on the e-class. ♪ host: could switching to geico on the e-class. reon car insurance? or more host: do people use smartphones to do dumb things? man 1: send, that is the weekend. app grapgic: yeah dawg! man 2: allow me to crack...the bubbly! man 1: don't mind if i doozy. man 3: is a gentleman with a brostache invited over to this party? man 1: only if he's ready to rock! ♪ sfx: guitar and trumpet jam vo: geico. 15 minutes could save you 15% or more on car insurance. >> sean: it has been more than 2 1/2 years since president crybaby took the oath of office. today the crybaby and his teleprompter has yet to s

you know what i like about steve wynn? he's a risk taker. he builds massive casinos. he's done it again and again. he's a job creator. the embodiment of the entrepreneurial spirit in this country. >> i think what he did was give voice to what you are hearing behind closed doors from business people who are too afraid to say that. had i been the pr person for steve wynn i would have swallowed hard because i would have known this is what is going to happen, we are going to talk about it. so they don't hear it from conservatives or think tanks, they hear it from somebody who has created jobs. who talks to a lot of other people that job creators. my favorite line of his rant was the wet blanket. it is descriptive. the policies are holding things back. the problem is people are making that connection. president obama's policies have not allowed the country to grow as it might have, had he not done stimulus and regulation. >> he said, another part of that statement there he, he said i could add 10,000 jobs in las vegas. but, we're afraid to do anything in the political envi

las vegas heavyweight steve wynn is hammering the president. hear from him, next. >> casey anthony news. spottings being reported nation by. is she reaching out to her parents? did she stop at home to pick up clothes? >> it didn't matter if you are the president, president obama is getting slapped with a fine. what did he do? what did he do? we are going to tell you in a [ malannouncer ] imagine facing the day with less chronic low back pain. imagine living your life with less chronic osteoarthritis pain. imagine you, with less pain. cymbalta can help. cymbalta is a non-narcotic treatment that's fda-approved to manage chronic musculoskeletal pain. one pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not approved for children under 18. people taking maois or thioridazine or with uncontrolled glaucoma should not take cymbalta. taking it with nsa

but say another ceo -- yesterday we had steve wynn, coming up and criticizing the president.'s take a listen. what home depot founder had to say over president obama. another ceo not happy. he said bernie marcus that the speeches are wonderful. his output is incredibly bad, even brain dead economists understand when you raise the taxes you cost jobs. he doesn't understand the problem businesses face. you don't hear it from you and i. this is from the job creators. >> steve wynn one of the cofounders of home depot, and the ceo of coca-cola and the chairwoman of pepsi also made very similar comments. plus, today, we saw the new first-time jobless claims last week going up to 418,000. and anemic economic growth between 1.4 and 1.6%. why? >> all the ceos are expressing here. is what every small medium and big-size business owner thinks and believes now. big government, big spending, big tax. big entitlement government produced enormous cost and uncertainty. >> go ahead, bob. >> bob: can i have something to say between the anarchists going along with this. >> it's government, bob.

monica, you don't hear it from you and i. >> steve wynn. one of the founders of home depot and the chair woman of pepsi made similar comments. today what do we see new first time jobless claims last week going up to 418,000. anemic economic growth between 1.4 and 1.6%. >> monica -- >> why. in. >> wait a second. >> all the c.e.o.s are expressing whateverry small, medium and small sized business leader thing thinks and believes now, big government, big entitlement government has produced enormous cost and uncertainty for all of these businesses. >> go ahead, bob. >> can i please have something to say between you anarmists here. the person from pepsi and coca-cola signed the letter from the chamber they wanted to see the debt ceiling thing go through. and when you sit back here and say this is the biggest scam on the american people -- >> ever. >> ever. >> the biggest scam is to allow the tea party to take the country over the hill, over the edge is what you are doing. it is not patriotic. it is anarchist. >> we are almost over. a vote on cut,

i thought steve wynn's rant was powerful.co-founders of home depot is slamming the administration. today the impediments that the government imposes are impossible to deal with. home depot would never have succeeded if we tried to start it today. that's -- and so many other business people are saying it. >> absolutely. america's economy has ridden on the backs of small businesses. most of the businesses out there are small business people who are not going to be able to get off the ground with all the regulations, all the red tape and high taxes. when they are raising taxes you are going to start letting people go because you can't afford it. i think that obama and his administration really need to maybe have a conference with all these business leaders and go i don't think you know what it is like to run a business. >> sean: romney is beating obama. he's got a 39% reelect rate in the gallup poll, devastating numbers. not a single metric on the economy where he's not in the 30s. >> he should be sitting down with the marcus' a

steve wynn, the guy you just heard from. he is a democrat. he supported harry reid in nevada. right? now, wynn knows reid is a power in the state and all that i don't think is he an ideological guy. he wants to make money. okay. he does not like and i don't believe he he is alone. the antibusiness climate some perceive president obama is fostering. why would the fat cats want to give the president four more years when he has done such a poor job on the economy. >> well, look at the fat cats who make this up. a lot of them are hollywood and hollywood actors and hollywood entertainment figures. >> bill: why are they supporting him rank ideology? >> because they are liberal. large number of trial lawyers. and, look, the traditional liberal donor base. look, i repeat. i'm impressed but i'm not all that impressed, remember. he raises less than half the money he needs to. >> trial lawyers like president obama because they don't believe is he going to institute tort reform like they did in texas. >> killed medical liability reform as part of the affordable care act. remember, in july

despite wynn's tirade, his company did quite well in the second quarter, but steve wyss says he would be doing even more if it wasn't for this president's policies and overall philosophy as president. wynn claims his company alone could add 10,000 jobs in las vegas if it wasn't for this political climate. wynn is a self-described democratic businessman but says he supports both democrats and republicans and he's not happy with anybody in washington these days. he thinks congress and the administration are so focused on olding their jobs for the next year that the entire discussion in washington right now is, quote, nauseating, unquote. i would be inclined to agree. the question is this. steve wynn calls the obama administration the greatest wet blanket in business and industry in his lifetime. is he right? up to $2 trillion sitting on the sidelines. they're not committing and putting that money to work because they don't know what the future holds. >> there would be billions of jobs created over the next few years. let's see what happens. thank you. rupert murdoch's media empire under

i think part of it is what has been said by steve wynn and larry sink this week. that i do think companies are somewhat afraid. they have seen this hyperactivity in terms of the regulatory environment in washington. and they're afraid. they can make money by cost-cutting and finding other markets. but until they have greater clarity on what the actual rules of the game will be, i think it's unlikely that you're going to see big movements to actually increase business or increase hiring. >> it's a great point. this is an area where we really need government and business to come together, where we would see the right policies in place that would encourage business, actually create heads and jobs. >> the capital is there. the money is there. i would say corporate balance sheets in aggregate probably haven't been much better in the history of american business. banks are still somewhat under pressure. but you don't even necessarily need the banking system as much as you did in the past because most corporations have a ton of cash on the balance sheet and the balance s

i have to ask for your reaction to the comments of steve wynn. do you grow with the views of the president and his economic policy? >>guest: i agree this president over the last couple of years has not focused on the central issue facing america which is creating a system where the free enterprise system can grow and expand and we can be more competitive in the global economy. they micromanaged the free enterprise system and overtax asked everregulated and wonder why we are not growing we have done the opposite in virginia focusing on job creation and we are now the third lowest state in unemployment east of the mississippi and that is why jobs are coming back. >>stuart: are his views wide-spread not executive suites of america? >>guest: absolutely from the entrepreneur to the large businesses they do not see a coherent economic strategy from the administration that understands the basic principles. if you keep taxes and regulation and litigation low you have strong right-to-work laws and great long term research and development in universities y

steve wynn who says he's a democrat but has contributed to republicans and democrats, he says that presidentis a wet blanket on the economy. and he's very disappointed in president obama's work on the economy. on the other hand his vegas operations were up 23% since last year. so things are going well for him. can you put this together for me? >> steve is a very good friend of mine, great guy. i just left his wedding. he just got mary. he knows what he's talking about. -- he just got married. he knows what he's talking about. he operates good properties all over. the fact is, he's very, very against this administration. and for good reason. >> greta: why? when you went to the wedding, did the two of you talk about the president obama and the way he is steering the economy? >> we speak all the time. he's not a fan. he doesn't like what he's going on. he sees what is happening all over the world. and how well the world is doing in so many places if you look at different countries, some are doing phenomenally. some are doing so well because of us. because of whether it is manufacturing our prod

. >>> casino mogul steve wynn blasted president obama's economic policies this week, during a conference company quarterly earnings, wynn said, "this administration is the greatest wet blanket to business and progress and job creation in my lifetime." despite wynn complaints his company did very well in the second quarter. net revenues from his las vegas operations were up almost 23% compared to last year. that revenue that included worldwide properties were up 32%. last year his properties netted over $4 billion. wynn said he could be doing even more if it wasn't for president obama's policies. >>> speaking of money, arab sheikh, member of the ruling family is getting attention because the workers have writing his name in the personal items in letters so large they can be seen from space. it measures over 3,000 feet high. and is two miles long. the letters form waterways. no word of the cost of that project. >>> with 13 days until the debt ceiling deadline, many people are asking why the federal government cannot just balance books like the average family. chief washington correspondent

those are from steve wynn. we know there are a lot of businesses on a hiring streak, randi, but this is what the billionaire and real estate mogul in las vegas thinks about the obama administration. >> strong words. shannon travis, thank you very much. nice to see you. "cnn newsroom" continues with brooke baldwin. >> i like your choice of wardrobe, randi kaye. thanks. look, busy, busy tuesday here. you've been watching all day long, stories breaking everywhere. just a short time ago president obama appeared before reporters saying this, that a bipartisan group of senators has come up with a plan that could pave the way for a deal on america's credit limit. folks, this could be the first bit of good news in weeks as the deadline quickly, quickly approaches. two weeks to the day. we'll get to all that have in a moment here. let's start with this. rupert murdoch and his son were supposed to be the focus of a british parliament hearing today in london but they were upstaged momentarily by an intruder who somehow ma

that's supply side economics getting into the system, but you heard it yesterday from steve wynn, a billionairean who said point-blank that this is the biggest anti-business administration he's ever seen. so people woont to get -- want to get back to work, and that's the problem. martha: how many of you think that the president has shown a lack of leadership? raise your hand if you think that. >> i totally disagree. i think he's shown incredible leadership. >> he's the only one who's been willing to compromise. i think compromise and common sense are two really important values to the american people, and on one side you've had the president saying let's have a balanced approach. we're still trying to dig our way out of a recession. we can't stop the progress that we've made, so let's do some cuts, let's -- martha: what do we cut? who wants to give me ab idea? jack, go ahead. >> it's not compromise. it's compromise and do what i tell you to do. as far as raising taxes, 53% of the people in this country pay nothing. >> correct. >> i have sent, i wrote my senator, sherrod brown, and be suggested

one of america's more colorful entrepreneurs, steve wynn, the a c.e.o. of resorts in nevada, one of the majority leader's constituents and a supporter of the majority leader and a self-described democrat, says that "this administration is the greatest wet blanket to business and progress and job creation in my lifetime." he goes on to say in his report to his company shareholders in the company's quarterly conference call that "my customers, the can that happens provide the vitality for the hospitality and restaurant industry in the united states of america, they're frightened of this administration and it makes you slow down and not invest your money." and he goes on. i've talked to mr. wynn. he is very concerned about the regulatory and tax burdens being imposed upon not just his industry, but across the board. that's what's inhibiting economic growth. one of the taxes proposed by the administration was evaluated by this administration's small business administration, the office of advocacy, the s.b.a. they said -- and i'm quoting now -- it could ultim

then he's got millions of dollars but casino mogul steve wynn living in fear.washington. almost tastes like one of jack's als. fiber one. h, forgot jack cereal. [ jack ] what's for breakfast? um... try the number one! [ jack ] yeah, ts is pretty good. [ male announcer ]alf a day's worth of fiber. fiber one. >> good morning. everyone. it's tuesday, july 19. i'm alisyn camerota. he was too drunk to drive, but not too waste to do work. this is an air traffic controller we're talking about directing flights drunk. >> steve: great. today republicans in the house introduced their plan to cut the debt. but is it too little too late? why the white house may already have won this battle with a little help from its main stream media pals. >> brian: single marine asks bete white to the ball. >> i would like to take betty white. call me. >> brian: betty called with bad news. "fox & friends" starts right now >> i can't believe that she called with bad news. she's the perfect date. nobody is more fun than bete white. more sassy, more funny. i can't believe that she called wi