Billionaire Defends Anti-Obama Memo to Workers

David Siegel Told Them How To Vote Because 'I Care'


By Reuters

Published October 11, 2012.
  • Print
  • Share Share
  • Single Page

A Florida billionaire has told his employees he could be forced to lay off some of them if U.S. President Barack Obama wins a second term, calling his administration a threat to their jobs.

David Siegel, the owner of Orlando-based Westgate Resorts, the largest privately held time-share company in the world, said in an email to the firm’s 7,000 employees this week that he did not want to influence how they voted.

But he warned that “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.”

“You see, I can longer support a system that penalizes the productive and gives to the unproductive,” he continued. “My motivation to work and to provide jobs will be destroyed, and with it, so will your opportunities.”

Siegel, an outspoken businessman known for his flamboyant lifestyle, and his wife were the subjects of a recent documentary called “The Queen of Versailles” which documented their efforts to build what would be the largest privately owned home in the United States - a $100 million, 90,000-square-foot mansion just outside of Orlando.

Siegel confirmed to Reuters on Wednesday that he sent the memo and said it appeared to have been leaked by an employee who did not agree with his politics.

“This was a private memo just addressed to my employees,” he said. “I care about their well-being. I just wanted them to know before they go to vote that if Obama gets re-elected, with the new taxes that he’s going to impose … the company most likely is going to have to downsize.”


The Jewish Daily Forward welcomes reader comments in order to promote thoughtful discussion on issues of importance to the Jewish community. In the interest of maintaining a civil forum, The Jewish Daily Forwardrequires that all commenters be appropriately respectful toward our writers, other commenters and the subjects of the articles. Vigorous debate and reasoned critique are welcome; name-calling and personal invective are not. While we generally do not seek to edit or actively moderate comments, our spam filter prevents most links and certain key words from being posted and The Jewish Daily Forward reserves the right to remove comments for any reason.





Find us on Facebook!
  • Is pot kosher for Passover. The rabbis say no, especially for Ashkenazi Jews. And it doesn't matter if its the unofficial Pot Day of April 20.
  • A Ukrainian rabbi says he thinks the leaflets ordering Jews in restive Donetsk to 'register' were a hoax. But the disturbing story still won't die.
  • Some snacks to help you get through the second half of Passover.
  • You wouldn't think that a Soviet-Jewish immigrant would find much in common with Gabriel Garcia Marquez. But the famed novelist once helped one man find his first love. http://jd.fo/f3JiS
  • Can you relate?
  • The Forverts' "Bintel Brief" advice column ran for more than 65 years. Now it's getting a second life — as a cartoon.
  • Half of this Hillel's members believe Jesus was the Messiah.
  • Vinyl isn't just for hipsters and hippies. Israeli photographer Eilan Paz documents the most astonishing record collections from around the world:http://jd.fo/g3IyM
  • Could Spider-Man be Jewish? Andrew Garfield thinks so.
  • Most tasteless video ever? A new video shows Jesus Christ dying at Auschwitz.
  • "It’s the smell that hits me first — musty, almost sweet, emanating from the green felt that cradles each piece of silver cutlery in its own place." Only one week left to submit! Tell us the story of your family's Jewish heirloom.
  • Mazel tov to Chelsea Clinton and Marc Mezvinsky!
  • If it's true, it's pretty terrifying news.
  • “My mom went to cook at the White House and all I got was this tiny piece of leftover raspberry ganache."
  • from-cache

Would you like to receive updates about new stories?




















We will not share your e-mail address or other personal information.

Already subscribed? Manage your subscription.