Time Share CEO Threatens To Fire People If Obama Gets Reelected

David Siegal, CEO of time share company Westgate Resorts, sent out a company wide notice informing his employees of his intentions if Obama is reelected. Here are excerpts from the letter:

“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.”

“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. “

“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.”

“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. “

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

By the way, about the dream house he had to stop building….a documentary was made about it because he’s building the second largest single family house in America. It’s good of this man to let his employees know he’s looking out for them.

Read more at cnbc.com.  Read about his 90,000 square foot  “dream house” patterned after the French palace Versailles at reuters.com.