Westgate CEO David Siegel threatens layoffs if Obama is re-elected

· October 9, 2012

The man who takes credit for getting George W. Bush elected as president is now making efforts to see that Republican candidate Mitt Romney makes it into the Oval Office, too.

David Siegel, the multi-millionaire founder and CEO of Westgate Resorts, sent out an e-mail yesterday to more than 7,000 of his employees threatening layoffs if President Barack Obama is re-elected.

The letter reads in the beginning: “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.”

Right after, Siegel reassures his employees that his intention isn’t to force them to vote one way or the other.

“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.”

But then later in his letter, he sends a thinly-veiled message:

So where am I going with all this? It’s quite simple. If any new taxies are levied on me, or my company, as our current President plans, I will have no choice but to reduce the size of the 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.

Gawker posted an update to the story earlier today addressing suspicions that the letter was fake because it bears similarities to a chain letter that made its way around the Internet during the 2008 election season. The website reached out to Siegel who confirmed that his letter is real and said that he used the chain letter as a guideline.

“I changed it [to fit my circu*stances],” he said. “It speaks the truth and gives [employees] something to think about when they go to the polls.”

He also added that the threats of job layoffs are real.

Siegel is the head of Westgate Resorts, “one of the largest resort developers in the world.” He and his wife were the stars of the recent docu*entary The Queen of Versailles, which follows him as he set out to build the largest house in the United States. The construction of the 90,000 square foot, $75 million palace was suspended in 2009 after the recession hit.

  • PapiChulo

    ignorant he doesnt realize the windstorm and tornado of boycotting that he will receive for this ignorant message, #Rule 1 never let your personal opinions mess up your business.

    What people fail to realize is that a change in presidency does not matter that much maybe 10-15 percent difference, Yes Obama needs to tighten the fcuk up , but at the same time Romney wants to give discounts to the same motha fcuking people who have this country bankrupt now

    • MoorFedayeen

      I agree that Romney is worse but aren’t you getting tired of voting for the lesser evil? Romney reps Wall St but Obama aint been hard on Wall St. the least either and his stance on Iran is ominous to say the least.

      • PapiChulo

        actually OBAMA blocked alot of shiit with wallstreet right around the CHEVY, FORD, AND CHRYSLER era a few years ago, he blocked alot of proposals and other shiiit, its just been a minute

        and honestly like i said before the president has no real power, the blocking of wall street would happen with a hamster running the country, the most the president can do is about a 10-15% change in margin in most cases. As far as Iran, you have to be whitty and clever when going up against a country that proposes same by products that nuculear warheads are made of ,

        I see it like this, maybe this will wake OBAMA azz up and make him grow some nuts, because its his job to lose.

        Obama is SANCHEZ RIGHT NOW A PRESIDENT (quaterback) that has a mess of a team(Country) everybody knows the team(country) is in a mess and dont expect overnight shiiit but at same time, just like Sanchez who has no balls at times , OBAMA needs to stand tall before that other guy creeps in

        • MoorFedayeen

          @Papi Are you aware this country’s defense budget runs (800 billion dollars) annually, larger then all other western nations combined?

          How do you feel about Obama’s relationship with Israel?

          Do you support the FED. I’m guessing you do because Obama does.

          Immigration?

          Libya, North Korea and the rest of the middle east. How should he deal?

          These are a mere handful of the abounding questions I have for the president. Maybe you can help out.

  • PapiChulo

    And boycotting for westgate resorts and affiliates start in 5,4,3,2………… Dumbazzz never mix business and personal agenda

    • 1luv

      Yea it looks like he is trying to persuade his employees in order to keep their high paying jobs.

  • Big El

    What a loser and a racist.

  • Juice

    Romney 2012…. Dont be a sheep my G…. Yall niggaz need to open your minds

    • http://kingmagazine.com President Ward

      @Juice aka wigger FOH

      Vote Obama 2012 ….

    • MoorFedayeen

      Man every time you open your mouth all I hear is fagg sh1t from you and you keep using the word “n1gga” like you one of us, when you’re NOT. Like most whites you’re a f*ckin wanna be. Fucc that peckerwood you voting for and fucc you.

      And use that “N” word in public. That’s what you WON’T do

  • BzB

    and people blame obama for the economy being sh1tty… what folks don’t know is there are a whole bunch of racist azz white dudes just like this who have been using corporate sabotage to hold the economy hostage since obama got elected. they can only do it for so long before their investors and venture capitalist start wanting their money back.

    this azzhole would rather cut off his nose to spite his face than see a black man do good things for people who aren’t well off. and this lame azz puzzy juice mf better not start talking about obama ain’t black. “foh” [borrowed from prez]

  • md

    Obama 2012! F$#k westgate resorts I’m @ the holiday inn bitch……

  • md

    Obama! F#$@k westgate resorts I’m @ the holiday inn bitch……

  • Mister Mister

    Although what he said was extremely ignorant & possibly racists, since I’m in the financial services field – I do agree with what he said at this point:

    “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.”

    He has a point….ya’ll just don’t know how many times I run across people, especially black folk, that have no financial strategy whatsoever. Spend more than they earn, have little to show in savings, etc.

    • MoorFedayeen

      Yea but less not forget these ARE the tax dollars of the very ppl that need bailing out, not the big corporations yet they got trillions in bail outs, which were OUR tax dollars and it didn’t even work. How you feel about that, or did you even know to begin with?

      1 million dollars could of been given to each man woman and child in America and we still would of come out MUCH cheaper then we did when we gave the banks all that money.

      • Mister Mister

        Believe me, I know about the tax dollars, bailouts & such. But that’s not the point I’m trying to make. I’m not defending this dude & I’m not sure if he asked and received any bailout money.

        My point was about the common folk, the average Black American. You ask folk about 401k, are they matching the company if the company provides it. If the company doesn’t do 401k, well how about an IRA? What do you do with your tax refund money? Do you put any in savings? Have you considered some mutual funds or stocks?

        You ask black folk about that, they gon look at you sideways.

        • MoorFedayeen

          Boy you dodged the hell out my question and closing argument.

          First, I’m a conservative that believes in a lil progressiveness here and there. Now with that said, I’m anti welfare but if it came down to who gets a bailout-them or us-monster corporations or blue color workers-then the choice is clear,and King Obama made his choice clear when he got in and gave billions to banks, the very f*ckin ppl that got us in this mess to begin, while regular folks lost their homes and everything else. No Obama supporter can deny that because that’s exactly what he did.

          • Mister Mister

            I didn’t dodge anything. I essentially said that I know our tax dollars went into bailing out banks & businesses. Most of that TARP money has been paid back, with interest.

            The $1 million to every man, woman & child is an interesting theory. But just like the Chappelle show skit where blacks were given reparations, that money would have been spent foolishly anyway. It would have its Pros & Cons.

            It wasn’t just Obama that gave money to banks, it started under the Bush Admin.

          • BzB

            @moor do you understand why the bailouts were an (evil) necessity? from reading your points i’m not sure you do. do you understand how much worse the economy would have been and how many more people would have lost their jobs and homes if the bailouts didn’t happen?

            it wasn’t handled the best way it coulda been, but nothing gov run ever does.

            and are you claiming to be conservative as in “republican tea party leaning” or conservative in some other fashion?

          • MoorFedayeen

            Mister it don’t matter what blacks did with the money. That would of been on them and that’s just a comedy sketch and my thought was just hypothetical but it made more sense to inject money at the bottom and not at the top instead of the top in hopes of a trickle down affect.

            @BzB you know me so you know I aint no part of the tea party. Those guys are neo-cons. I’m the same type of Con that you’re grandparents were. Hell most blacks are conservative and they don’t know it. Just look at how much sh1t blacks gave Ray Charles back in the day for his music. That’s because blacks were strict in their habits and values.

            Far as your “Too big to fail” theory, fucc ‘em; if they gonna burn them let em burn but giving that money away was plain stupid. I haven’t even spoke on the Obama wars he was so against in 08. I’m done tho

  • presto 2.0

    **Prest’s prior comment**

    “They will stop investing and blame the largest US crash on Obama”

    they like little kids that wont eat their peas(cause it taste bad)…but will help in the long run

    and a message to the average whytefolk….”Your not a part of their group…they dont giv a damn about you…cause your AVERAGE jus like the rest of us…your not a millionaire…and they will let you sink with the rest of us…jus cause your whyte…your not one of them”

    and i think most WestGate properties are mostly timeshare…and many of the properties are under other names owned by WestGate…for all the boycott’ers…like i

  • damnshame

    WHO GIVES A FUCK!!!!

  • //atlnightspots.com BrownSugar

    He’s making sure his dumba$$ employees give Mittens their votes, but at the same time he doesn’t give 2 cents about their a$$es! As long as money stays in his pocket & he remaines tax-free, he doesn’t give a d@mn about them. He’ll lay them off to keep from paying their silly a$$es. He probably told them the same thing 4 yrs ago, but they ignored his racist cracker a$$!

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