@CNNMoney July 19, 2011: 10:47 AM ET
Steve Wynn had some harsh words for the Obama administration. 
Steve Wynn had some harsh words for the Obama administration.
NEW YORK (CNNMoney) -- Billionaire CEO Steve Wynn used his company's earnings call to trash President Obama and his economic policies Monday -- calling the administration a "wet blanket" on the business community.
"I'm saying it bluntly, that this administration is the greatest wet blanket to business, and progress and job creation in my lifetime," Wynn said in response to a question about Las Vegas real estate.
Wynn then expanded on that idea in a 400-word soliloquy, before fielding a follow-up question on a planned real estate project in Macau.
"The guy [Obama] keeps making speeches about redistribution, and maybe we ought to do something to businesses that don't invest or hold too much money," Wynn said. "We haven't heard that kind of talk except from pure socialists."
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