Steve Wynn will save Big Bird!

Las Vegas casino mogul Steve Wynn today put out a statement saying he’d be glad to step up and save Sesame Street characters such as Big Bird from Republican Mitt Romney‘s threatened budget axe. But he’s got a condition.

If President [Barack] Obama and the Democrats will stop overspending and stop reducing the value of the paychecks of my employees, Wynn Resorts will guarantee to protect Sesame Street for the country. I am sure other private businessmen will protect the value of the great programs on PBS because we support what Governor Romney stands for.

Technically, Big Bird is not in any trouble, since the Children’s Television Workshop that produces the program makes serious bank from licensing, merchandise sales and international agreements. What Romney threatened to cut was funding that subsidizes the Corporation for Public Broadcasting, which airs Sesame Street among many other quality programs.

Then again, since the Public Broadcasting System comprises a tiny fraction of the federal budget 1/100th of 1 percent!), what Wynn is proposing is really not cost effective. Obama “overspent,” to the tune of $901 billion in the 2013 budget (that’s the deficit, the difference between revenue and expenditures). The entire CPB budget for Fiscal Year 2013 is just $445 million.

So Wynn is offering to cover $445 million if Obama will erase $901 billion from the budget? That doesn’t sound like a smart business decision for the president! That’s especially true when you consider the non-mandatory portion of the federal budget that would have to be scaled back in order to bring the budget into balance.

But there’s no doubt Wynn is good for it: According to the company’s website, net revenues for the first quarter of 2012 were more than $1.3 billion.

 

 

7 Responses to “Steve Wynn will save Big Bird!”

  1. Chandler Lasvegas says:

    Thank you Mr. Wynn for offering to throw the huddled masses crumbs of compassion if politicians throw themselves under your well tooled heels. Thank you master, may we have another?

  2. Steve says:

    The infamous Kochs already support Nova, no prob there.
    I bet if tax money went away more people would donate. People don’t now because they know they are paying anayway, don’t be thinking that I grew up in the land of WGBH.
    Trouble is, if we can’t even make any headway on the little things that don’t even need the money, how are we to tackle the really big stuff?

  3. Steve says:

    And as for Big Bird, this is a matter of perceptions.

  4. ColinFromLasVegas says:

    Enjoyed the article, Mr. Sebelius, but I feel it must be pointed out (and it’s apparently evident) that Mr. Steve Wynn has been in this endless attack, attack, attack, tora, tora, tora, banzai, banzai, BANZAI! mode on anti-President Obama this, anti-President Obama that even since that man has been in office.

    He points fingers at jobs, employment, spending, economy, global warming, anti-Israel, he don’t promote business, he don’t do this, he don’t do that. Now he’s deflecting attention by trying to stick to the headlines with PBS and Big Bird. And that’s all it is. Deflection away from his one and only sole goal.

    What Mr. Steve Wynn does not say EVER is the simple fact that with another four years of President Obama, his taxes will be raised to the level of what he was paying about twelve years ago.

    Because come hell or high water, January 1, 2013 is coming. And soon.

    And this is driving him crazy.

    The one and only reason he is anti-President Obama is because he wants the Former President George W. Bush Jr. Tax Cuts For The Rich, The Very Rich And The Filthy Rich to not only continue for a little while longer, but FOREVER.

    And he knows Romney will deliver.

    That’s why it’s important to not only vote Obama/Biden on November 6, 2012, but also to get rid of as many useless brain dead Tea/Republican Party members as we can. Because you vote for Romney, Ryan, Heller, Heck and Tarkanian, it’s the same as voting for Emperor Of The Almighty Tax Dollar Cuts World Grover Norquist.

    We have a country to fix here. But Steve Wynn don’t want it fixed. Nor any of these other Tea/Republicans. They all want it rigged in their favor. The common people out here simply don’t matter.

    I’m voting straight up and down Democratic Party on November 6, 2012. I don’t care if one of the candidates is a career criminal. I want to DESTROY the Tea/Republican Party with my vote. They more than deserve to all be flung out of office.

    And I’m sick and tired of so called fine upstanding citizens who try to cloak themselves in respectability trying to play the high moral ground by making up idiotic excuses to satiate their neverending corporate greed and self-serving business desires. The ones who are en masse guilty of that type of rhetoric and behavior are only the filthy rich.

    In other words, go fuck yourself, Mr. Steve Wynn.

    It may sound like we’re picking on you, class warfare, jealousy, I don’t fucking care what you call it. I call it go fuck yourself, Mr. Steve Wynn. This is America. You ride on the train. You don’t get to tell it where to go or hijack it with your money. This is a country of the people, for the people, by the people. Not BUY the people.

    I’ll even say it to his face. And to Mr. Adelson’s too.

    Both of them stand in the way of any type of economic recovery for not only Southern Nevada, but the entire nation. All because they are greedy and don’t want to pay their fair share of taxes.

  5. Jerry Sturdivant says:

    What over spending? President Obama has spent less that any president since Eisenhower. The Republicans block virtually ever spending bill that comes their way. Including the $300 million requested for additional security in the Middle East. (Say! You don’t suppose that additional security might have saved the ambassador’s life, do you?)

  6. Ed says:

    Who elected Wynn? Let’s raise gambling taxes and use the money to provide more reading programs for Nevada’s children.

  7. johnqpublic says:

    You’ll be sorry then, Mr wynn, when the Romney/Ryan plan adds another $2 trillion per year to the deficit, so they can give rich people like you and Mr Adelson mega-tax cuts.