Tag Archives: CNBC

Ohio jumps in state improvement standings but governor gets no credit

According to CNBC, in just a year, Ohio has jumped from 29th place to 5th in their “most improved” state category:

Ohio is this year’s most improved state, jumping 11 places to 23rd overall, thanks to a huge improvement in cost of doing business. Ohio improved to fifth place in our most important category, from 29th place last year. A multiyear effort to reform the tax code in the Buckeye State is paying off with a tax structure that welcomes new investment. At the same time, wages have fallen in Ohio relative to other states. That helps businesses on the cost side, but workers suffer.

Ohio has a governor who is opening the state up to business opportunities and new investments and yet, worker’s wages have fallen? That makes no sense to me and I’d like to know where those stats come from. Business investment goes hand in hand with increased job opportunity and increased wages.

But Lord knows that a left wing organization like CNBC will never give credit to Governor Kasich for doing the hard and often unpopular things in Ohio.


Lest we forget how it all started – Rick Santelli calls for a Tea Party

Just like July 4th – well, almost like July 4th – February 19, 2009 should go down in history as a new independence day for America. And Rick Santellis name should never be forgotten. He invokes the Founders beliefs as a basis for his call for a new American tea party.

It took off, thanks to one man who was ranting for us all and just see where we are today.

Listen to these traders on the floor cheer him on!


Almost earth shaking comments from Las Vegas’ own Steve Wynn

Wynn Las Vegas. Las Vegas and Steve Wynn's most spectacular casino/resort.

“It is not improbable or unrealistic considering so much of our revenue is from China that it makes sense that I spend most of my time here,” Wynn said in an interview with CNBC. “I’m seriously considering that and I am weighing the implications of how I engineer that.”

Now, if you’re a Las Vegan or a Nevadan, those are some scary words. Wynn is floating some kind of balloon with this comment, serious or not. And no one argues that corporate taxes are more friendly outside the United States, than in.

In a subsequent interview with Bloomberg News, Wynn said much of his desire to leave Las Vegas was because of the country’s economic direction set by Obama.

“The governmental policies in the United States of America are a damper, a wet blanket,” Wynn said. “They retard investment; they retard job formation; they retard the creation of a better life for the citizens in spite of the rhetoric of the president.”

I”m just guessing but I don’t think Wynn is a real big fan of Harry’s, either:

Senate Majority Leader Harry Reid, speaking at a press conference on banking reform, was asked about Wynn’ comments on Obama’s policies.

“I’m not going to get into a dispute with Mr. Wynn, somebody who has done so much for Las Vegas, but I will say that taxes are at an all-time low. The tax picture he complained about is just not there.”

What planet do you live on, Harry? You big dummy.

Imagine the impact on the unions if Wynn actually did move his headquarters to China. No one would be more deserving of calamity just on the merits of their voting record alone.


Read the whole article – it’s worth it –  by Howard Stutz/LasVegasReview-Journal

Slide show of the beautiful new  Wynn Encore Macau