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Omaha Steve

(99,584 posts)
Mon Jan 5, 2015, 03:15 PM Jan 2015

CEO Who Said He’d Probably Have To Fire Employees If Obama Won Is Now Giving Them Raises

Source: Think Progress

BY SCOTT KEYES

In the lead-up to the 2012 presidential election, David Siegel, billionaire chief of Florida timeshare company Westgate Resorts, sent an email to all employees. “Of course, as your employer, I can’t tell you whom to vote for,” Siegel wrote, but offered “a few facts that might help you decide what is in your best interest.” These included that re-electing Obama would “threaten your job” and result in “less benefits and certainly less opportunity for everyone.”

Just over two years after penning that company-wide email, Siegel informed Westgate employees that instead of layoffs, he would boost their minimum wage to $10 per hour beginning in 2015.

In fact, according to Siegel, 2014 was a banner year. “We’re experiencing the best year in our history and I wanted to do something to show my gratitude for the employees who make that possible,” Siegel said in announcing the wage hike. He also recently told the Orlando Business Journal that “things have never been better.”

Westgate currently employees about 12,000 people. Though the minimum wage increase won’t impact all workers, including those who receive tips, commissions, or work under a collective bargaining agreement, a company spokesman told Vegas Inc. that thousands of employees will receive a raise because of the move.

FULL story at link.



Westgate Resorts CEO David Siegel
CREDIT: AP/JOHN LOCHER


Read more: http://thinkprogress.org/economy/2015/01/05/3607810/ceo-fire-obama-raise-wage/?utm_source=email&utm_medium=tptop3&utm_campaign=tptop3

22 replies = new reply since forum marked as read
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CEO Who Said He’d Probably Have To Fire Employees If Obama Won Is Now Giving Them Raises (Original Post) Omaha Steve Jan 2015 OP
Time for a Facebook share. Richardo Jan 2015 #1
Just saw the documentary brucefan Jan 2015 #2
Saw that show also packman Jan 2015 #6
I've also got an update for him on all that filthy money... SoapBox Jan 2015 #14
LOL! freshwest Jan 2015 #15
When that came out, he was crying poor! BobbyBoring Jan 2015 #9
He's now a Communist like Obama!! Kingofalldems Jan 2015 #3
I blame Obama. Scuba Jan 2015 #4
Thanks, Obama! n/t n2doc Jan 2015 #5
Again, where's the "media?" MyOwnPeace Jan 2015 #7
Never.. kacekwl Jan 2015 #12
Let's see how long it takes Burf-_- Jan 2015 #8
Coke's profits are down like 15% and they're laying people off like crazy. WhoWoodaKnew Jan 2015 #13
He'll claim it's because Republicans won the mid-term. Spitfire of ATJ Jan 2015 #10
Did he blame Obama? Good find ThinkProgress! Thank you, Steve! Cha Jan 2015 #11
Bwahaha! He should praise Obama! But he can't give credit where it's due, you know? freshwest Jan 2015 #16
David Siegel and his wife.. woe is them.. President Obama got elected and re-elected.. Cha Jan 2015 #18
did he admit he was wrong ? JI7 Jan 2015 #17
Wonder how he would have faired under McCain or the mittster? Cha Jan 2015 #19
He'd be paying about 5 percent less taxes on millions less of income. nightscanner59 Jan 2015 #21
New letter by Siegel to employees reads simply, "Thanks, Obama. Sorry." Or so it should. Fred Sanders Jan 2015 #20
good news for workers! This year a lot of people vacation in Florida to escape the cold! Sunlei Jan 2015 #22
 

packman

(16,296 posts)
6. Saw that show also
Mon Jan 5, 2015, 04:05 PM
Jan 2015

and thought how sad it was that this guy has all the money one could hope for and was so damn bitter towards everything. No joy in that palace of dreams.

SoapBox

(18,791 posts)
14. I've also got an update for him on all that filthy money...
Mon Jan 5, 2015, 07:49 PM
Jan 2015

You CANNOT take it with you!

So give it up!

MyOwnPeace

(16,925 posts)
7. Again, where's the "media?"
Mon Jan 5, 2015, 04:47 PM
Jan 2015

A serious media person would present the past "headlines" and ask what and why things have changed.

But, that never happens - WHEN will the whackos EVER be held accountable for their BS?

kacekwl

(7,016 posts)
12. Never..
Mon Jan 5, 2015, 06:18 PM
Jan 2015

the everyday person who is not very political will never see this story while watching the "news" at the bar. Although thats where they heard him making the original threat.

 

Burf-_-

(205 posts)
8. Let's see how long it takes
Mon Jan 5, 2015, 05:02 PM
Jan 2015

for him to revert to his former self once profits start evening out. I imagine it'll be instantly anyone's fault but his own when it happens.

Cha

(297,154 posts)
18. David Siegel and his wife.. woe is them.. President Obama got elected and re-elected..
Tue Jan 6, 2015, 04:50 AM
Jan 2015
Obama-Hating CEO Had Best Year Ever Under Obama

Shortly before the 2012 presidential election, Westgate Resorts CEO David Siegel told his thousands of employees that he might have to lay them off if Barack Obama was elected. How has that turned...
Gawker @Gawker
141 Retweets 79 favorites

"And that is the story of how Barack Obama's socialist policies destroyed American business."

PIc of him and his wife at link..
http://gawker.com/obama-hating-ceo-had-best-year-ever-under-obama-1677557905?utm_campaign=socialflow_gawker_twitter&utm_source=gawker_twitter&utm_medium=socialflow
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