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Westgate Resorts CEO to Employees:Obama elected means you may lose your job

Discussion in 'Political Issues' started by Goaltender66, Oct 10, 2012.

  1. Goaltender66

    Goaltender66 NRA GoldenEagle

    http://www.cnbc.com/id/49356069

     
  2. JFrame

    JFrame

    38,193
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    May 29, 2001
    Mid-Atlantic, US of A
    Awesome -- a letter that tells people to stop thinking in terms of marshmallow trees, and simply face the reality of how things actually work...

    Thanks for posting!


    .
     


  3. aircarver

    aircarver Ride Continues Silver Member

    That's life folks.

    People don't have to work hard, take risks and losses, all to have their profit confiscated and redistributed to the lazy.

    They can go sit under a palm tree and contemplate their navel ...

    .
     
  4. callihan_44

    callihan_44 INFIDEL

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    Flyover,USA
    hits the nail on the head! morons that complain what someone else makes need to look in the mirror :steamed: they dont realize the sacrifice that comes with running a business. I dont know any business owners that started out rich, most scraped and saved, took out second mortgages to buy equipment and work around the clock to build what they have.
     
  5. nursetim

    nursetim

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    liberalville N. M.
    This smells like one of those chain emails. I like and appreciate the message though. It sounded like John Gault was writing it.
     
  6. JFrame

    JFrame

    38,193
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    May 29, 2001
    Mid-Atlantic, US of A
    Not that reporting services are infallible (we know THAT'S not true), but I doubt that CNBC would be reporting this story, posting a pic and bio of David Siegel, and printing the letter in its entirety, if it wasn't for real.


    .
     
  7. DonGlock26

    DonGlock26

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    Jan 18, 2001
    If Obama wins, many people will be cut to part time hours to avoid Obamacare. This is Obama's plan. Then, congress will have to do something like nationalize health care.
     
  8. Goaltender66

    Goaltender66 NRA GoldenEagle

    It's verified by CNBC (the link) which interviewed Siegel about the letter as part of its story. I agree it does read a little like Snopes-bait, but in this case it's genuine.
     
  9. FFR Spyder GT

    FFR Spyder GT Ex-Gunslinger

    1,132
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    Apr 27, 2012
    Hog Jaw, Arkansas
    The letter is kinda funny because due to David Siegel's hard work and efforts they run into financial problems and had to sell controlling interest to Resort Finance America.
     
  10. Kablam

    Kablam

    3,325
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    Interesting that the author of the zerohedge article chose to use the words " threatened to fire some employees if Barack Obama is reelected" when his letter actually is just stating a premise...you know...cause and effect.

    And why is his picture important to the discussion?
     
    Last edited: Oct 10, 2012
  11. Goaltender66

    Goaltender66 NRA GoldenEagle

    It's kinda funny that you either are trying to be misleading or you genuinely don't know what you're talking about.

    I mean..."they?" That is pretty vague.

    Here's the real story:

    Westgate Resorts opened a property in Las Vegas called PH Towers Westgate at Planet Hollywood back in 2009. Alas, the Obamaconomy didn't do all that well for RE developers, as banks became reluctant to finance the purchase of timeshares, at PH Towers and at other resorts. So Siegel, doing the responsible thing instead of crying to the US Government for a bailout, found a buyer for the property and sold it to RFA for rebranding under the Hilton aegis.

    You're taking something about a single property and trying to cast it as something entirely different. While people call that "dishonest" I'm a little more charitable and will call it evidence of ignorance on your part. RFA does not have controlling interest in Westgate Resorts or Central Florida Investments.

    :upeyes:
     
  12. countrygun

    countrygun

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    Mar 9, 2012
  13. nursetim

    nursetim

    14,213
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    liberalville N. M.
    Ida's about to say, " what? Did he start the company enutero?" Until I saw the connection. I like the term snopes bait. :animlol:
     
    Last edited: Oct 10, 2012
  14. Glock30Eric

    Glock30Eric .45 ACP

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    Southern Maryland
    Bummmer! ;) At least I got the name right.

    Sometime a picture could tell a lot about a person. I find this interesting, they have make a movie about their life with the business.
     
  15. snerd

    snerd

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    So what's this one telling you?


    [​IMG]
     
  16. Glock30Eric

    Glock30Eric .45 ACP

    3,353
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    Feb 3, 2011
    Southern Maryland
    He's smart at least he could use his brian 100%. ;)

    The link to the picture is bad, when I click to reply and I could see the picture in the full size. That's strange.