NightFox
Wildling
Source: CNBC
The 'waterboarding stopped' — big company CEO describes the difference between Obama and Trump
"Sun Microsystems co-founder Scott McNealy told CNBC on Wednesday that CEOs appear to be relieved that the eight years of economic "waterboarding" by the Obama administration has stopped.
"I've been talking to lots of CEOs. I had one who said it very succinctly, a very large Fortune 20-type CEO, and he said, 'All of a sudden after the election, the waterboarding, the eight years of waterboarding stopped,'" said McNealy, who voted for Donald Trump.
"I think that is a strong feeling of a lot of CEOs out there," McNealy told "Squawk Box." "The regulations are coming down. The attacks from the government are coming down."
Interesting perspective, although it seems to me to be a bit early to draw such as sweeping conclusion it's good to hear that some CEO's are feeling like they can get back to the business of doing business instead of being hamstrung by the Federal Government.
"Every job in the public sector "is basically taking a job out of the private sector," McNealy said. To be sure, he added, "I'm not an anarchist and say no government."
"There are roles like state, the court systems, law enforcement, defense, and other things that are natural monopolies," he said.
He argued, however, that in most cases "let the market decide."
"Without the private sector being strong, you lose your personal liberties and freedoms. If you don't have financial liberties and freedoms, you going to lose your personal liberties and freedoms," McNealy said."
Amen Scott, well put.
The 'waterboarding stopped' — big company CEO describes the difference between Obama and Trump
"Sun Microsystems co-founder Scott McNealy told CNBC on Wednesday that CEOs appear to be relieved that the eight years of economic "waterboarding" by the Obama administration has stopped.
"I've been talking to lots of CEOs. I had one who said it very succinctly, a very large Fortune 20-type CEO, and he said, 'All of a sudden after the election, the waterboarding, the eight years of waterboarding stopped,'" said McNealy, who voted for Donald Trump.
"I think that is a strong feeling of a lot of CEOs out there," McNealy told "Squawk Box." "The regulations are coming down. The attacks from the government are coming down."
Interesting perspective, although it seems to me to be a bit early to draw such as sweeping conclusion it's good to hear that some CEO's are feeling like they can get back to the business of doing business instead of being hamstrung by the Federal Government.
"Every job in the public sector "is basically taking a job out of the private sector," McNealy said. To be sure, he added, "I'm not an anarchist and say no government."
"There are roles like state, the court systems, law enforcement, defense, and other things that are natural monopolies," he said.
He argued, however, that in most cases "let the market decide."
"Without the private sector being strong, you lose your personal liberties and freedoms. If you don't have financial liberties and freedoms, you going to lose your personal liberties and freedoms," McNealy said."
Amen Scott, well put.