Employer Tells it the Way it Is

Employer Tells it the Way it Is

Posted in the Columbus Forum

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Enzyte Bob

Blacklick, OH

#1 Oct 9, 2012
Enzyte Bob

Blacklick, OH

#2 Oct 9, 2012
1/3

The CEO Who Built Himself America’s Largest House Just Threatened to Fire His Employees if Obama’s Elected

Hamilton Nolan

David Siegel is the founder and CEO of Westgate Resorts, a huge national timeshare company and one of the largest resort developers in the world. In 2007 he was a billionaire, although he may be only a hundred-millionaire now. He and his wife Jackie were the subjects of the recent documentary "The Queen of Versailles," about their ongoing quest to build the largest house in America, a 90,000 square foot monument to excess. And yesterday, David Siegel sent an email to all of his thousands of employees, in which he—in a veiled way—insinuated that they would be fired of Barack Obama is reelected.

UPDATE: Shortly after we posted this letter, we found out, thanks to multiple readers, that it bore suspicious resemblances to a popular chain letter that was circulated just before the 2008 elections. Well, we just got off the phone with David Siegel, who told us the letter below is real, and that it was sent out to all of his employees yesterday. "I did use the letter that had circulated before as a guideline, but I changed it [to fit my circumstances]," he told us. "It speaks the truth and it gives [employees] something to think about when they go to the polls." He also said that its threats of possible layoffs are real, based on his assessment of the political and economic climate. He added that he "hasn't had any negative feedback" on the letter.

The Florida-based Westgate Resorts is not a public company. It is the domain of David Siegel, a staunch Republican. In fact, Siegel has publicly claimed credit for George W. Bush defeating Al Gore, saying "I had my managers do a survey on every employee [8,000 total]. If they liked Bush, we made them register to vote. But not if they liked Gore."

"The Queen of Versailles" depicts the dashing of Siegel's mansion dreams after the recession hit. But just months ago, he restarted construction on his personal Palace of Versailles (with the intention of selling it for $100 million) and told Reuters, "We're the most profitable we've ever been."

Huge mansion. Huge fortune. Profitable company. What could David Siegal have to complain about? Well, the demonization of the 1% by Barack Obama, for one thing. This truly amazing email went out to all Westgate employees yesterday. Bolding is ours.
Enzyte Bob

Blacklick, OH

#3 Oct 9, 2012
2/3

Letter:

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.The current administration and members of the press have perpetuated an environment that casts employers against employees. They want you to believe that we live in a class system where the rich get richer, the poor get poorer. They label us the "1%" and imply that we are somehow immune to the challenges that face our country. This could not be further from the truth. Sure, you may have heard about the big home that I'm building. I'm sure many people think that I live a privileged life. However, what you don't see or hear is the true story behind any success that I have achieved.

I started this company over 42 years ago. At that time, I lived in a very modest home. I converted my garage into an office so I could put forth 100% effort into building a company, which by the way, would eventually employ you. We didn't eat in fancy restaurants or take expensive vacations because every dollar I made went back into this company. I drove an old used car, and often times, I stayed home on weekends, while my friends went out drinking and partying. In fact, I was married to my business — hard work, discipline, and sacrifice. Meanwhile, many of my friends got regular jobs. They worked 40 hours a week and made a nice income, and they spent every dime they earned. They drove flashy cars and lived in expensive homes and wore fancy designer clothes. My friends refinanced their mortgages and lived a life of luxury. I, however, did not. I put my time, my money, and my life into this business —-with a vision that eventually, some day, I too, will be able to afford to buy whatever I wanted. Even to this day, every dime I earn goes back into this company. Over the past four years I have had to stop building my dream house, cut back on all of my expenses, and take my kids out of private schools simply to keep this company strong and to keep you employed.

Just think about this – most of you arrive at work in the morning and leave that afternoon and the rest of your time is yours to do as you please. But not me- there is no "off" button for me. When you leave the office, you are done and you have a weekend all to yourself. I unfortunately do not have that freedom. I eat, live, and breathe this company every minute of the day, every day of the week. There is no rest. There is no weekend. There is no happy hour. I know many of you work hard and do a great job, but I'm the one who has to sign every check, pay every expense, and make sure that this company continues to succeed. Unfortunately, what most people see is the nice house and the lavish lifestyle. What the press certainly does not want you to see, is the true story of the hard work and sacrifices I've made.
Enzyte Bob

Blacklick, OH

#4 Oct 9, 2012
3/3

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. 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.

Here is what most people don't understand and the press and our Government has chosen to ignore – to stimulate the economy you need to stimulate what runs the economy. Instead of raising my taxes and depositing that money into the Washington black-hole, let me spend it on growing the company, hire more employees, and generate substantial economic growth. My employees will enjoy the wealth of that tax cut in the form of promotions and better salaries. But that is not what our current Government wants you to believe. They want you to believe that it somehow makes sense to take more from those who create wealth and give it to those who do not, and somehow our economy will improve. They don't want you to know that the "1%", as they like to label us, pay more than 31% of all the taxes in this country. Thomas Jefferson, the author of our great Constitution, once said, "democracy" will cease to exist when you take away from those who are willing to work and give to those who would not."

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
Conservative

Greenville, OH

#5 Oct 9, 2012
I HAVE WESTGATE TIMESHARES !!!!!!!!!!

“Meh.”

Since: Aug 10

Location hidden

#6 Oct 10, 2012
Isn't this the same email hoax letter that went around in 2008?

“Ludibrium est onus genio”

Since: Dec 11

Planet Earth

#7 Oct 10, 2012
Just as many other companies are planning on reducing the number of hours employees work to under 30 hours a week to avoid the obamacare penalty. Leftists think they can impose on others willy-nilly without consequence.

They'll find out just how wrong they are.
Reality Speaks

Columbus, OH

#8 Oct 10, 2012
People forgot reality all the time.

When a strike occurs; and the company says no to the demands....closed the facility...all employees lose their job.

this has occurred in Ohio where employees refused to pay a co-pay on health insurance, the company refused to continue insurance without employe paying co-pay.

strike occurred....plants closed

thousands lost job; and the opportunity for employment shrank.

We this election have school bond issues where the claim for new levy is healthcare costs are up; and there has been no raises in 3 years. The levy is for 16 years; and will cost the average home $660 a year in new property taxes.

We are threatened that is levy fails, that busing, the arts, football, basketball, cheerleading, band, etc. will be eliminated.

As a taxpayer I am telling the school board and all employees of school system, that the taxpayer has had their income shrink also; and if they think they are going to set the agenda as to what is cut, they are crazy.

The taxpayer will set the agenda; and if the employees of the school system don't like it.....quit.

simple.

We as citizens have let our employees tell us what to do with our money for far to long.

This election take back your control......if you don't...a giant sucking sound of money out of your wallet will occur; and the end result of what you are paying for will be cheapened.

welcome to reality.
VADoc

Warrenville, SC

#9 Oct 10, 2012
I agree 100% with what the letter is stating. Too bad many will not.

“Don't trust the internet!”

Since: Jan 12

Location hidden

#10 Oct 10, 2012
The term political intimidation comes to mind.

I went to a timeshare presentation once--got an incredibly chintzy little radio for my trouble (actually, it was billed as a TV/radio--which turned out to mean that you could dial to the lower numbers and pick-up TV sound). Intimidation was a major factor in their sales pitch.

It was an incredible rip-off. They showed some houses, which were nice, in a lake area. However, the essential deal was that through time shares they could sell each one 52 times over. Some quick mental math showed me that they were raking in far more than the actual value of the real estate--and mentioned this to the sales person--who responded, "don't think about that, just think about what you will be getting for your $x per month."

I know someone who married into a timeshare deal. They were having a really difficult time unloading it.

Moral of the story--don't believe any word that falls from the lips of a timeshares trader.

“Don't trust the internet!”

Since: Jan 12

Location hidden

#11 Oct 10, 2012
Conservative wrote:
I HAVE WESTGATE TIMESHARES !!!!!!!!!!
You have my sympathy.
Tim

Akron, OH

#12 Oct 10, 2012
FKA Reader wrote:
The term political intimidation comes to mind.
It has worked since 1896...

“Don't trust the internet!”

Since: Jan 12

Location hidden

#13 Oct 10, 2012
Oh--and by the way, the kicker at the timeshares presentation was, "sign now." If you walk away, the deal is no longer available.

Because they know that if you go home and do the math, or talk to a financial advisor, you are lost to them as a potential customer.

Apparently, however, according to a 60 Minutes piece a few years back, there are some folks who are serial marks, getting suckered in again and again.

“Don't trust the internet!”

Since: Jan 12

Location hidden

#14 Oct 10, 2012
TonyD2 wrote:
Just as many other companies are planning on reducing the number of hours employees work to under 30 hours a week to avoid the obamacare penalty. Leftists think they can impose on others willy-nilly without consequence.
They'll find out just how wrong they are.
Yeah, sorta like how this guy and Wal-Mart and a bunch of other big entities think that they can impose on their workers willy-nilly without consequence, eh?
Tim

Akron, OH

#15 Oct 10, 2012
FKA Reader wrote:
<quoted text>
Yeah, sorta like how this guy and Wal-Mart and a bunch of other big entities think that they can impose on their workers willy-nilly without consequence, eh?
There is no official way that the employer can verify for which candidate they voted for.

And it is a corporation's right to advise its employees how to vote, though it usually isn't good business sense.
tip

Mcdonough, GA

#16 Oct 10, 2012
tranpsosition wrote:
Isn't this the same email hoax letter that went around in 2008?
You might try reading an entire post before commenting.

“Don't trust the internet!”

Since: Jan 12

Location hidden

#17 Oct 10, 2012
Tim wrote:
<quoted text>
There is no official way that the employer can verify for which candidate they voted for.
And it is a corporation's right to advise its employees how to vote, though it usually isn't good business sense.
I believe that the threat pertained to the re-election, rather than actually knowing how anyone voted.

“Don't trust the internet!”

Since: Jan 12

Location hidden

#18 Oct 10, 2012
Tim wrote:
<quoted text>
There is no official way that the employer can verify for which candidate they voted for.
Not since Tammany, anyway.
Tim

Akron, OH

#19 Oct 10, 2012
FKA Reader wrote:
<quoted text>
I believe that the threat pertained to the re-election, rather than actually knowing how anyone voted.
If so, its legal.

Cleavon Little

Since: Sep 12

Hilliard, OH

#20 Oct 10, 2012
I'm guessing...no, I'm guaranteeing...that Reader NEVER had any concerns about the employees of companies that divested from South Africa, Israel or any other politically incorrect nation.

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