Billionaire To Fire Employees If Obama Wins

88m3

88m3

Fast Money & Foreign Objects
Joined
May 21, 2012
Messages
88,189
Reputation
3,616
Daps
157,217
Reppin
Brooklyn
The CEO of a massive timeshare company sent an email about the upcoming election to his employees yesterday, threatening to fire some of them if President Obama wins re-election.

David Siegel, who owns Florida-based Westgate Resorts, sent an email to all his employees yesterday to discuss the upcoming election. “The economy doesn’t currently pose a threat to your job,” Siegel wrote, noting that the company is “the most profitable [it's] ever been.” “What does threaten your job however, is another 4 years of the same Presidential administration.” He went on to say that although he “can’t tell you whom to vote for,” if Obama is re-elected, it would mean “fewer jobs, less benefits and certainly less opportunity for everyone.”

Here are a few select paragraphs from the email:

Subject: Message from David Siegel
Date:Mon, 08 Oct 2012 13:58:05 -0400 (EDT)
From: [David Siegel]
To: [All employees]

To All My Valued Employees,

As most of you know our company, Westgate Resorts, has continued to succeed in spite of a very dismal economy. There is no question that the economy has changed for the worse and we have not seen any improvement over the past four years. In spite of all of the challenges we have faced, the good news is this: The economy doesn’t currently pose a threat to your job. What does threaten your job however, is another 4 years of the same Presidential administration. Of course, as your employer, I can’t tell you whom to vote for, and I certainly wouldn’t interfere with your right to vote for whomever you choose. In fact, I encourage you to vote for whomever you think will serve your interests the best.

However, let me share a few facts that might help you decide what is in your best interest.

[...]

So where am I going with all this? It’s quite simple. If any new taxes are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of this company. Rather than grow this company I will be forced to cut back. This means fewer jobs, less benefits and certainly less opportunity for everyone.

So, when you make your decision to vote, ask yourself, which candidate understands the economics of business ownership and who doesn’t? Whose policies will endanger your job? Answer those questions and you should know who might be the one capable of protecting and saving your job. While the media wants to tell you to believe the “1 percenters” are bad, I’m telling you they are not. They create most of the jobs. If you lose your job, it won’t be at the hands of the “1%”; it will be at the hands of a political hurricane that swept through this country.

You can view the email in full here.

Siegel earned national notoriety this year for his quest to build the biggest house in America, “a sprawling, 90,000-square-foot mansion inspired by Versailles.”

In a bizarre twist, Siegel’s email was modeled after a fake letter that made the rounds on the internet during the last last presidential election. He confirmed his own email’s authenticity in a phone call to Gawker, saying that “it speaks the truth” and gives employees “something to think about when they go to the polls.”

ThinkProgress reached out to Siegel for comment, but no response was given.
Click to expand...
Billionaire CEO Threatens To Fire Employees If Obama Wins | ThinkProgress
 
zerozero

zerozero

Superstar
Joined
May 6, 2012
Messages
6,866
Reputation
1,250
Daps
13,494
a pretty illogical billionaire. isn't paying a higher marginal percentage on a growing company better than downsizing the company?
 
Slystallion

Slystallion

Live to Strive
WOAT
Supporter
Joined
May 4, 2012
Messages
13,106
Reputation
-10,422
Daps
17,418
No matter how much you cut and downsize...it will never create growth...temporary profits sure

but market growth nope...

Either way the timeshares market has been horrid anyway don't see that changing no matter who wins
 
zerozero

zerozero

Superstar
Joined
May 6, 2012
Messages
6,866
Reputation
1,250
Daps
13,494
rm2vz9.png


this guy literally wanted to build a home inspired by the palace of Versailles

here's a movie about his quest (lol)
[ame="http://www.youtube.com/watch?v=AdJYzgJ4CwI"]The Queen of Versailles Official Trailer [HD]: Riches to Rags With Jackie & David Siegel - YouTube[/ame]
 
BeeCityRoller

BeeCityRoller

New Bee
Supporter
Joined
May 2, 2012
Messages
4,084
Reputation
1,220
Daps
16,772
Reppin
Queen City
"As most of you know our company has continued to succeed in spite of a very dismal economy."

This line right here is the worst case of denial and false ego-stroking. Every company who has said that proceeded to pull the rug from unsuspecting employees months later. Almost no private sector field has gotten through the past 4-5 years unscathed.
 
The Message

The Message

Lex with tv sets the minimum
Joined
Jun 19, 2012
Messages
2,912
Reputation
1,065
Daps
11,545
Damn they have mastered the art of keeping folk paralyzed in fear...
 
zerozero

zerozero

Superstar
Joined
May 6, 2012
Messages
6,866
Reputation
1,250
Daps
13,494
guys you have to watch the trailer. looks like he's lost most of his money already

[ame="http://www.youtube.com/watch?v=AdJYzgJ4CwI"]The Queen of Versailles Official Trailer [HD]: Riches to Rags With Jackie & David Siegel - YouTube[/ame]
 
Heretic

Heretic

GOLDGANG...
Joined
Aug 7, 2012
Messages
23,691
Reputation
6,621
Daps
67,002
Reppin
Alabama
Ahhhh I knew I recognized this dude. I saw that shyt before, the epitome of excess, they're trying to sell this house now and it's not even half finished.
 
You must log in or register to reply here.
Top