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HomeOff Topics News & Politics › David Siegel, the founder and CEO of real estate company Westgate Resorts
10-10-2012 02:15 AM  5 years agoPost 1
Dennis (RIP)

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David Siegel, the founder and CEO of real estate company Westgate Resorts

WELL WRITTEN AND NICELY PUT...ANOTHER MUST READ...THIS MAN HAS TOLD THE TRUTH...

David Siegel, the founder and CEO of real estate company Westgate Resorts on Monday threatened to fire some employees if Barack Obama is reelected and carries out his plan to raise taxes on the so-called rich.

The following are highlights from an email message sent by Siegel to his staff that was obtained and verified as authentic by Gawker:

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. [...]

Now, the economy is falling apart and people like me who made all the right decisions and invested in themselves are being forced to bail out all the people who didn't. The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed 42 years of my life for. Yes, business ownership has its benefits, but the price I've paid is steep and not without wounds. Unfortunately, the costs of running a business have gotten out of control, and let me tell you why: We are being taxed to death and the government thinks we don't pay enough. We pay state taxes, federal taxes, property taxes, sales and use taxes, payroll taxes, workers compensation taxes and unemployment taxes. I even have to hire an entire department to manage all these taxes. The question I have is this: Who is really stimulating the economy? Is it the Government that wants to take money from those who have earned it and give it to those who have not, or is it people like me who built a company out of his garage and directly employs over 7000 people and hosts over 3 million people per year with a great vacation?

Obviously, our present government believes that taking my money is the right economic stimulus for this country. The fact is, if I deducted 50% of your paycheck you'd quit and you wouldn't work here. I mean, why should you? Who wants to get rewarded only 50% of their hard work? Well, that's what happens to me. [...]

Business is at the heart of America and always has been. To restart it, you must stimulate business, not kill it. However, the power brokers in Washington believe redistributing wealth is the essential driver of the American economic engine. Nothing could be further from the truth and this is the type of change they want.

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 see, I can no longer support a system that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, so will your opportunities. If that happens, you can find me in the Caribbean sitting on the beach, under a palm tree, retired, and with no employees to worry about.

Signed, your boss,

David Siegel

For those unfamiliar with Siegel, he is the founder and CEO of Westgate Resorts, a real estate and timeshare company.

He and his wife were also the subject of the recent documentary "The Queen of Versailles" about their desire to build the largest home in America.

According to Gawker, they were worth over a billion dollars in 2007, but that could be less now as a result of the real estate bust...

http://newsbusters.org/blogs/noel-s...s#ixzz28qF4kybK

Liberty once lost, is lost forever.

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10-10-2012 02:38 AM  5 years agoPost 2
Volcano

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If that aint illegal it should be. An employer cant send a message out that says hell fire people if one person get reelected.
Im pretty sure this guy is on his way to jail.

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10-10-2012 02:43 AM  5 years agoPost 3
dilberteinstein

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Well written and straight to the point.

David Siegel is very successful and has a complete understanding of what's at stake here.

90% of life is "showing up"

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10-10-2012 03:21 AM  5 years agoPost 4
Dennis (RIP)

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If that aint illegal it should be. An employer cant send a message out that says hell fire people if one person get reelected.
Im pretty sure this guy is on his way to jail.
Oh really, you think so?

Show us the law he violated.

Liberty once lost, is lost forever.

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10-10-2012 03:36 AM  5 years agoPost 5
Noobyflyer

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Clearwater, FL

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..

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10-10-2012 03:50 AM  5 years agoPost 6
Dennis (RIP)

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Why do they even call them Liberal if they are so hell bent on oppression?
If they called themselves what they actually are, they would be soundly defeated all throughout the USA.

Liberty once lost, is lost forever.

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10-10-2012 03:52 AM  5 years agoPost 7
Noobyflyer

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..

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10-10-2012 03:57 AM  5 years agoPost 8
dilberteinstein

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Noobyflyer
And here again, a prime example of another Obama supporter (Socialist Liberal) who claims words he does not agree with should be grounds for imprisonment.
This is one of the "Obama Supporter in Ron Paul Clothing" that I posted about.

You don't even hear anything about Ron Paul from these types...just Obama is wonderful...Bush is awful...Romney is a Mormon...just liberal gibberish.

90% of life is "showing up"

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10-10-2012 01:23 PM  5 years agoPost 9
ssmith512

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Indianapolis, IN USA

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If that aint illegal it should be. An employer cant send a message out that says hell fire people if one person get reelected.
Im pretty sure this guy is on his way to jail
I dont blame you for being ignorant. But I do blame you for spouting off like you know what you are talking about, even though you have no idea what you are talking about. Arrogance is a terrible virtue.

Steve

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10-10-2012 01:38 PM  5 years agoPost 10
fla heli boy

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cape coral, florida

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I have several friends that are small business owners (as am I, but I'm a force of one) that would like to expand right now, but are holding off until they see if Obama is re-elected. It's a fact of life and people need to know this feeling is real and rampant among small business people. I've yet to talk to ONE person that's a small business owner that supports this clown.

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