David Siegel, Whose Letter Promised Mass Layoffs After Obama Win, Gives Raises

[emperus]

Republicans at their best.

http://www.huffingtonpost.com/2012/...rings-obama-win-victory-raises_n_2092582.html

The private timeshare mogul and Mitt Romney supporter who swore mass employee layoffs if President Barack Obama won reelection has had a change of heart.
Earlier this year, David Siegel, the founder of Central Florida Investments and Westgate Resorts, emailed a letter to his employees warning them to vote for Romney or else. However, after Obama won the election on Tuesday, instead of firing some of his 65,000 employees, Siegel decided to give them raises.

 

[sactoking]

LAS VEGAS (CBS Las Vegas) — A Las Vegas business owner with 114 employees fired 22 workers today, apparently as a direct result of President Obama’s re-election.

“David” (he asked to remain anonymous for obvious reasons) told Host Kevin Wall on 100.5 KXNT that “elections have consequences” and that “at the end of the day, I need to survive.”

Here’s an excerpt from the interview. Click the audio tab below to hear even more from this compelling conversation:

“I’ve done my share of educating my employees. I never tell them which way to vote. I believe in the free system we have, I believe in the right to choose who they want to be president, but I did explain as a business owner that I have always put my employees first. I always made sure that when I went without a paycheck that made sure they were paid. And I explained that I always put them first and unfortunately I’m at a point where I’m being forced to have to worry about me and my family now and a business that I built from just me to 114 employees.

“I explained to them a month ago that if Obama gets in office that the regulations for Obamacare are gonna hurt our business, and I’m gonna have to make provisions to make sure I have enough money to cover the payroll taxes, the additional health care I’m gonna have to do, and I explained that to them and I said you do what you feel like in your heart you need to do, but I’m just letting you know as a warning this is things I have to think of as a business owner.

“Well unfortunately, and most of my employees are Hispanic — I’m not gonna go into what kind of company I have, but I have mostly Hispanic employees — well unfortunately we know what happened and I can’t wait around anymore, I have to be proactive. I had to lay off 22 people today to make sure that my business is gonna thrive and I’m gonna be around for years to come. I have to build up that nest egg now for the taxes and regulations that are coming my way. Elections do have consequences, but so do choices. A choice you make every day has consequences and you know what, I’ve always put my employees first, but unfortunately today I have to put me and my family first, and you watch what’s gonna happen. I’m just one guy with 114 employees — well was 114 employees — watch what happens in the next six months. The Dow alone lost 314 points today. There’s a tsunami coming and if you didn’t think this election had consequences, just wait.”

http://lasvegas.cbslocal.com/2012/11/07/vegas-employer-obama-won-so-i-fired-22-employees/

 

[Jaskalas]

On one hand people got raises.
OTOH, the rest were fired.

Libs tout the raises. Go figure.

 

[dank69]

On one hand people got raises.
OTOH, the rest were fired.

Libs tout the raises. Go figure.

Those are two separate stories.

 

[techs]

On one hand people got raises.
OTOH, the rest were fired.

Libs tout the raises. Go figure.

On the one hand a guy who publicly acknowledged who he and what his company is gave raises.
On the other hand some completely anonymous guy SAYS he is firing people.

Guess who equates these things equally?

 

[jpeyton]

Lord Obama giveth, and he taketh away.

 

[randomrogue]

The republican mantra of "If Obama is elected president I'll have to fire people" is false. They can't hold out for another 4 years. They'll start hiring or they'll simply close their doors and that's not an option for most.

 

[SheHateMe]

On one hand people got raises.
OTOH, the rest were fired.

Libs tout the raises. Go figure.

I thought the mention of what States these two business owners were in was enough for a smart person to come to the conclusion that these are two different stories....

 

[Tom]

65,000 employees ?

That's almost as many as Exxon..

accoridng to their website they employ 6500.

most of which are probably maids and waitresses/waiters.

honorable people with difficult jobs, which Republicans consider parasites.

the other guy probably runs a lawn mowing business, I don't see any reason his story is news worthy, other than as confirmation what kind of pricks make up the Republican base.

 

[kage69]

http://lasvegas.cbslocal.com/2012/11/07/vegas-employer-obama-won-so-i-fired-22-employees/

I wonder if that guy remembers all the consequences GOP voters were raving about in 2008 after Obama's first victory? In particular the Stock Market crash? Is that the kind of tsunami we have heading our way?



It's funny to me to think these people really think they have a leg to stand on regarding credibility, we've been listening to the GOP and it's sycophants be wrong about almost everything since 2000!

 

[Phokus]

Republicans are such bullshitters.

 

[openwheel]

Its easy to fire people and blame it on politics. Any business man can use politic as an excuse to pocket some cash.

It's not easy for any business to raise wages.

Go figure.

 

[randomrogue]

Nov 6th, 2008: 8700 ish

Today we're at 13000 ish

 

[Ausm]

On one hand people got raises.
OTOH, the rest were fired.

Libs tout the raises. Go figure.

False comparison

Go figure!

 

[Bateluer]

Nov 6th, 2008: 8700 ish

Today we're at 13000 ish

DJIA dropped 300 pts, S&P500 dropped 30, and NASDAQ dropped 70 right after the results were essentially finalized.

 

[Ausm]

Nov 6th, 2008: 8700 ish

Today we're at 13000 ish

Are you better off today then you were 4 years ago???? LMAO!! If you are invested in the stock market and say NO you are either blatantly lying or you got Financial tips from Paul Ryan.

 

[randomrogue]

Are you better off today then you were 4 years ago???? LMAO!! If you are invested in the stock market and say NO you are either blatantly lying for you got Financial tips from Paul Ryan.

I'm better off today. However that's only because 2008 was so terrible. I should be far better off than I am. I wish I was 10 years older.

 

[EagleKeeper]

Did Siegal's letter originally promise layoffs or state there was a potential for layoffs.

Per engineer's thread titleCEO To Workers: I May Fire You If Obama Wins

Typical liberal twisting of the facts to support their agenda.

Same that they accuse the republicans of.

But in this forum; there are many more liberals and the impact is that much more and tolerated.

 

[dank69]

Did Siegal's letter originally promise layoffs or state there was a potential for layoffs.

Per engineer's thread titleCEO To Workers: I May Fire You If Obama Wins

Typical liberal twisting of the facts to support their agenda.

Same that they accuse the republicans of.

But in this forum; there are many more liberals and the impact is that much more and tolerated.

That is the title of the article he linked. Take it up with huffpo.

 

[Ausm]

I'm better off today. However that's only because 2008 was so terrible. I should be far better off than I am. I wish I was 10 years older.

I wish I had more cash when the stock market bottomed out after the crash because I would made a hell of a lot more money then I already have.

 

[emperus]

Did Siegal's letter originally promise layoffs or state there was a potential for layoffs.

Per engineer's thread titleCEO To Workers: I May Fire You If Obama Wins

Typical liberal twisting of the facts to support their agenda.

Same that they accuse the republicans of.

But in this forum; there are many more liberals and the impact is that much more and tolerated.

This is what he wrote before the election.

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.

Seeing that Obama was running on increasing taxes for at least people making more than 1 million and that most agree that it will happen in any debt deal. That was almost a guarantee.

This is what he now says.

I’m going to work my hardest to keep the company going and expand the best I can," Siegel told Bloomberg Businessweek. "We’ll see what happens. Meanwhile I gave everybody in the company a raise this week—the average was 5 percent. I wanted to help them handle the additional burdens the government will put on them."

 

[Moonbeam]

I invested in butt-hurt bandages and I made 10,000%.

 

[Phokus]

I invested in butt-hurt bandages and I made 10,000%.

lololol

 

[hal2kilo]

Republicans at their best.

http://www.huffingtonpost.com/2012/...rings-obama-win-victory-raises_n_2092582.html

Private timeshare mogul says it all about his character.

 

[soulcougher73]

Those are two separate stories.

I think you are asking to much of conservatives to put 2 and 2 together there Dank.