David Siegel: an Obama win = pink slips for my workers

CEO & founder of Westgate Resorts David Siegel notified his 7,000 employees in an email that their jobs will be on the line if Pres. Obama is re-elected:

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. [If Obama wins] you can find me in the Caribbean sitting on the beach … with no employees to worry about.

Siegel added: 

[P]eople 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.”

Sound familiar? The disdain for the 47 percent? What luxuries came of his sacrifices?

Here’s the kicker: Siegel is most famous for building the largest home in America— a 90,000-square-foot palace just outside Orlando. Calling it Versailles (the palace of Marie Antoinette of “let them eat cake” fame), the mansion is equipped with a boat house, formal gardens, a baseball field, two tennis courts and a rock grotto with a waterfall, a fitness center, a two-lane bowling alley, a roller rink, a video arcade and a theater. Poor guy! How could anyone expect him to pay more taxes?

But Siegel told CNBC that this is not about his own fortune. He has “enough money to last the rest of my life and for my children.” No, it’s about his workers. They would be the big losers if Obama stays in office another four years. He even told CNBC he wasn’t threatening his workers or even telling them how to vote— just to educate them before they pull that lever in 27 days. Really?

1 Comment

Filed under economy, Politics

One response to “David Siegel: an Obama win = pink slips for my workers

  1. Susan Kirby

    Sounds like a bully to me. Boy do they need a union! After all, companies get the unions the deserve, and bullying is why we educators have a union. Can’t imagine how terrified his undocumented employees must feel.

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