Overcompensating Millionaire With Cartoonishly Large House Threatens Employees With Chain Letter

  insane billionaires who aren't donald trump

it's hard out here for an anthropomorphic evil duckIf you work – and in this Obama economy, at least a few of you do, probably – then it’s about a 92% certainty that your boss is a dick.

Your boss, however, is not nearly as much of a dick as David Siegel, founder and CEO of Westgate Resorts, and builder of a 90,000 square foot house, who straight stole a fake chain letter about how high taxes would force him to kill and/or fire all of his employees, changed “taxes” to “Obama”, and then seriously sent that shit like a stone cold G.

The letter is insanely long, because SURPRISE someone insanely egotistical enough to threaten their employees’ jobs if they vote the wrong way is not good at brevity, but some juicy excerpts are below.

In spite of all of the challenges we have faced, the good news is this: The economy doesn’t currently pose a threat to your job. What does threaten your job however, is another 4 years of the same Presidential administration. Of course, as your employer, I can’t tell you whom to vote for, and I certainly wouldn’t interfere with your right to vote for whomever you choose.

Goodness me, no! He would just like to share a well-reasoned missive on why you will destroy America with your contrary opinion. First, we must understand where he’s coming from. Siegel has sacrificed and sacrificed, even to the point where he is incapable of building a house as large as 30 big suburban homes.

I put my time, my money, and my life into this business — with a vision that eventually, some day, I too, will be able to afford to buy whatever I wanted. Even to this day, every dime I earn goes back into this company. 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.

[...]

Now, the economy is falling apart and 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.

YOU GOT YER OBAMAHOUSE YET??? If so, kick back in your Obamahammock and drink your Obamalatte, because Siegel would like you to Obamastand why he is nearly destitute (read: not at all destitute): Obama invented taxes to give Siegel’s money to you.

Unfortunately, the costs of running a business have gotten out of control, and let me tell you why: We are being taxed to death and the government thinks we don’t pay enough. We pay state taxes, federal taxes, property taxes, sales and use taxes, payroll taxes, workers compensation taxes and unemployment taxes. I even have to hire an entire department to manage all these taxes. The question I have is this: Who is really stimulating the economy? Is it the Government that wants to take money from those who have earned it and give it to those who have not, or is it people like me who built a company out of his garage and directly employs over 7000 people and hosts over 3 million people per year with a great vacation?

Not that great, bro. It is so strange how Obama put all of these taxes in place and then raised them mercilessly. We remember the Karl Marx State Federal Property Sale Use Payroll Workers’ Comp Unemployment Omnibus Fucking You With Taxes Bill of 2009 fondly.

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.

Apparently, the eighteen new taxes Barack Obama introduced over the past four years were bad, but the nineteenth will be the death knell of capitalism.

You see, I can no longer support a system that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, so will your opportunities. If that happens, you can find me in the Caribbean sitting on the beach, under a palm tree, retired, and with no employees to worry about.

You have to think that immediately after Siegel hit send on this e-mail, he turned to a tiny, bulbous henchman who frequently commits pratfalls when nervously carrying out his master’s bidding and cackled until he lost his voice.

I miss early-90s Disney afternoon cartoons.

[Gawker]

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303 comments

  1. actor212

    I won't hit you but I can't promise that if I swing my arms wildly you won't accidentally get in the way. I can't tell you not to walk in front of me, but you know…

    1. tessiee

      Homer Simpson: "OK, pie. I'm just going to start walking forward and biting air, like this… munch, munch… and if you get eaten, that's just too bad. Munch munch… [walks forward, bangs head on stove hood] OW!! Oh, the hell with it!" [eats pie]

  2. actor212

    I put my time, my money, and my life into this business — with a vision that eventually, some day, I too, will be able to afford to buy whatever I wanted.

    Y'know, Dick…I mean, Dave…most people, even rich people, want to have enough money to leave to their kids and maybe take a really nice vacation or two every year, or retire at 40, or what have you.

    Not many people would be as nakedly….Ferengi….as you are, my friend.

      1. actor212

        "Davie, always remember Rule 97"

        "What's that, mummy?"

        "97. Enough…is never enough. Now wash your lobes and off to bed with you!"

        "But mom! I have three hotels on Park Place!"

        "Had, Davie. Had. Now they're mine"

      2. UnholyMoses

        Not sure if I should be proud or depressed that I know what you and actor are referring to …

        1. Mittaplasia

          When they first started making the news, I thought the Kardashians (Cardassians) were a spinoff of Star Trek and I decided to just keep it that way in my mind.

  3. Schmannnity

    With 90000 square feet of house, his poor children out of private school will be homeschooled in style.

    1. CommieLibunatic

      I just used my handy-dandy drafting program to see how big that is.. and holy FUCK. That's over twice the size of the office/shop I work at; it measures roughly 200' square and that still only comes out to about 40,000ft^2!

      What in the great howling fuck does one family even NEED that space for? A tank collection? A velociraptor paddock?

      1. bobbert

        Um, it's two fucking acres. Depending on how many floors are involved, it could be bigger than Buckingham Palace. I assume they need several jai alai courts.

    2. anniegetyerfun

      No, no, he said that EVERY DIME goes back into the company. Which means that he must house employees in the big house.

    1. Lascauxcaveman

      And you know, with 7000 employees getting this email, mathematically speaking, it's likely at least one of them was gutsy enough to respond back to it with your exact words.

      And at least one responded back with something along the lines of "Don't be an asshole, Dave."

  4. actor212

    You see, I can no longer support a system that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, so will your opportunities.

    So basically, loserboy, YOU FAILED MISERABLY! Quitter

  5. Goonemeritus

    There is a nice documentary about this guy and his charming wife. It shows him on the edge of bankruptcy with his insane house half completed. 2008 almost ruined him not Obama’s policies.

    1. fuflans

      'queen of versailles"? for realz?

      now i really have to see that movie.

      and today i was just listening to a discussion of 'as goes janesville'. nice symmetry.

      1. CommieLibunatic

        From what my history professor told me, the Palace of Versailles cost something like 3% of the French GDP at the time of its construction. That probably isn't the best thing to compare your compound to during our current class war.

    2. Schmannnity

      He sued the filmmaker for defamation and for putting him and the trophy wife in a bad light. As an example, she is shown renting a stretch limo to go to McDonalds.

    3. Self-Uploader

      Oh, it's that guy. Didn't he also say that he did something illegal that got Bush W into the White House in the first place? Why exactly isn't he writing his letters from a jail cell?

  6. ManchuCandidate

    His employees were further terrified at the Mandatory General Information Session when a man lost his (fake) arm to a truck named "Obama" and who then turned to them and said "And that's why you don't vote for the black guy!"

  7. gullywompr

    The heads. You're looking at the heads. Sometimes he goes too far. He's the first one to admit it.

  8. no_gravity

    What is it, crazy businessman coming out of the closet week? And, he couldn't even come up with an original letter.

  9. BoatOfVelociraptors

    Dude must suck at business if he can't make money when the Dow doubled in value over the past 4 years.

      1. OneDollarJuana

        And they are investments in resorts, properties that only benefit from lots of surplus cash in the economy. If he wanted economic stability he should have been a plumber.

  10. Lascauxcaveman

    This is probably the kind of stuff that you get when click on a Newsmax link like "BILLIONAIRES ARE DUMPING STOCKS" or "ECONOMISTS PREDICT REAL MELTDOWN YET TO COME" like I never do. Wingnut chain letters.

    1. Barrelhse

      I read those headliners and mutter "Go fuck yourself, Peckerhead."
      But I never click the links.

  11. PsycWench

    Where do we get to the part where he assumes personally the costs of the roads he uses, the structural integrity of the Dream House material he uses, the education of his work force and so on?

    1. WhatTheHeck

      He can never get to that part because he lives in a different world from the rest of us. In his deluded mind. He needs help.

  12. Callyson

    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.

    Oh, fuck you–how many necessities (not the luxuries about which you are whining) have your employees had to give up over the past four years to keep you in business?

    Asshole.

    1. CommieLibunatic

      Oh, but what a lot of us would give to see this doucheba- er, job creator become macaroni-and-cheese broke.

    2. ChapterUndVerse

      My neighbor works for a CEO who cried poor and made employees borrow against their 401(k) accounts in the recession to keep their jobs. Want to know how hard it is to leave a job when you'll have to pay back what you borrowed from yourself and find another job that isn't there?

      1. Callyson

        JFC, I hope the neighbor and his or her co – workers file a lawsuit. Suze Orman would bust the chops of this asshole for this move (come to think of it, she or her staff might be able to refer them to a decent attorney…worth a try. Good luck to them.)

  13. Doktor Zoom

    Whoohoo! I speculated that he'd plagiarized from the chain email, and I was right!

    And yet, I win NOTHING. Good day.

  14. Callyson

    Now, the economy is falling apart and 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.

    And your solution is to elect someone who has no interest in holding those thieves on Wall Street accountable. Brilliant fucking idea.

    1. Biel_ze_Bubba

      If he'd made "all the right decisions", he would not have gotten fucked over in the real estate fiasco, like a million other moronic speculators, and their victims.

    1. Callyson

      Just as tasteless and vulgar as I expected.

      Rules for Radicals prevent me from saying what I'd like to see happen to this guy. Suffice it to say, *not* with votes…

          1. MNWICyborg

            Seems like a good business to get into, as long as you don't mind losing money due to all the involuntarily spewed coffee/tea/beer/liquor/semen ruining dozens of keyboards per person, per year.

          2. glasspusher

            Well, yeah, sure, we'll have to do actuarial studies to find out how often it happens, which commenters and so on. I didn't say it was going to be cheap, but better than buying 50 keyboards a year, maybe.

    2. Theywontlisten

      He doesn't look like he's missed any meals and she looks like she's been rode hard and put away wet quite a few times

    3. Barrelhse

      Absolutely tasteless. He doesn't deserve enough money to buy whatever he wants because he is an ignorant low-class jerk. Nouveau Money does not bestow knowledge and appreciation on dolts like Dave, instead he's blessed with sycophants and thieves.
      What a complete shithead; glad I don't know him or work for him.
      And he's FAT.

  15. Joshua Norton

    with no employees to worry about.

    And I'm sure they'll appreciate the hell out of it.

    This is the biggest bunch of crap gathered in a mansion since Grey Gardens.

  16. snowpointsecret

    The economy under this president is helping business. Therefore, vote against him so I don't have to fire you.

    Sure, let's give tax cuts to the job creators actively, you know, not creating jobs and such.

  17. Lionel[redacted]Esq

    Yes, the best way to deal with a slight decrease in your profit margin due to an increase in taxes is to produce less, so you make less. Any good capitalist would rather give up some extra profit than see the Government get another $.05, which they would probably spend on Muslims or the Poor.

    1. Gleem McShineys

      What kind of math is it when you subtract an additional 5% from a huge mountain of money, that it ends up zero?

      Must have something with carrying the one, or the president is a n***r, or something.

    2. OneDollarJuana

      There's a minor flap on our local Patch site about legalizing marijuana. Believe it or not, when I suggested that legalizing pot and taxing it might be better than sending that money to headchopping drug lords, some brilliant mind replied with "so you want to give MORE money to the government? I'd rather send it to the drug lords!"

      Not kidding.

      1. Jukesgrrl

        Tell him you'd be happy to pass along his address so the drug lords can drop by and show off the automatic rifles they bought with his would-be taxes.

    3. tessiee

      Something tells me this fuckweasel would rather burn his business AND his much too ornate house to the ground before he gave those lazy poors a nickel.

  18. calliecallie

    He runs a resort. Half his employees are probably undocumented immigrants anyway (maids, landscaping, wait staff), and therefore can't vote – especially in Florida!

    That said, the guy is a total asshat. Why would anyone work for him?

  19. Callyson

    You see, I can no longer support a system that penalizes the productive and gives to the unproductive.

    Neither can I, which is why I'll be voting for the candidate who does *not* want to raise taxes on the middle class to pay for even more tax breaks for the wealthy. OBAMA 2012!

  20. actor212

    The people that overspent their paychecks suddenly feel entitled to the same luxuries that I earned and sacrificed 42 years of my life for.

    Yes, like shoes. Or food. Or a roof overhead. Those luxuries.

    1. Dudleydidwrong

      I've seen those chairs before. Doesn't the seat lift up? There's a chamber pot underneath. I'll bet wifey has to empty the thing.

  21. SoBeach

    Sometimes I think it would be fun for the President to spend just one day doing what these assholes are always accusing him of doing. They would shit themselves.

    1. CommieLibunatic

      Word. When I hear these guys or the trailer trash who want to be these guys go on like this, I wish O'Dawg were even half the dictator they made him out to be.

  22. Roy Hobbson

    You see, I can no longer support a system that penalizes the productive and gives to the unproductive.

    YOU JUST PLAGIARIZED A 26,000-WORD MISSIVE, DICK.

  23. Lascauxcaveman

    "If I can't be pitcher I'm gonna take my ball and go home."

    This guy is lucky he wasn't beaten to death with an aluminum bat at age 11.

  24. Schmannnity

    Went to the Westgate Resorts site. He's a freaking timeshare salesman! A paragon of business virtue.

  25. Trannysurprise

    If he didn't put out a Spanish version at least half of his employees didn't read his dumb shit anyways.

  26. SayItWithWookies

    Dear You People —

    I've had it with y'all — despite my best efforts to harvest your surplus labor value and pay you less and less proportionally every year, you fuckers have managed to cling to the vine while enduring year after year of belittlement, humiliation, hardship, deprivation and squalor. So if you vote for that damn socialist again, just as things are starting to get better for you, I promise to step on each of your fingers until you fall off the cliff — because the only reason I got into business was to bask in the slavish devotion of people I despise. Oh well — guess it's back to schtupping the help.

    Yours never,

    David

  27. elviouslyqueer

    Now, the economy is falling apart and 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.

    Dude, you sell fucking TIME SHARES. You make bank on these same people overspending their paychecks on YOUR SHITTY "RESORT" PROPERTIES.

    Fuck you, you greedy pretentious overbearing classless trailer trash motherfucker.

      1. ChapterUndVerse

        If the third paragraph is copyrighted, I'd like to license it. The trochaic lead-in to accelerating anapestic bombasticity would look nice on top of a Romney/Ryan bumper sticker.

  28. MiniMencken

    Let's see, this a a Florida resident who made his money in time-share condos, the most intelligent real estate investment ever devised by the mind of man. Putting him out of business would be, how you say, a good beginning.

      1. Doktor Zoom

        I hope he personally handed a copy of this letter to his kitchen staff and then stood there, glowering, while they read it.

      1. Gleem McShineys

        Oh send this back straight away Mister Seigel.
        (Because only two people pissed in it, the sous chef was out on smoke break)

        1. Dudleydidwrong

          Evidently he is a violent anti-smoker and makes his thousands of employees sign a pledge that they will not ever smoke even while away from their shit-ass jobs. I wonder if he makes them sign pledges that they won't jerk off unless they are in his presence?

    1. tessiee

      Wifey-Poo looks like she can barely stand to be in the same picture with him, so it's a safe bet she's not gonna start his car for him in the mornings.

  29. Doktor Zoom

    I suppose it would be wrong to wish for this asshole to learn, through direct experience, the difference between a 4-point increase on marginal tax rates and REAL class warfare, wouldn't it?

    1. actor212

      With votes, you mean?

      Oh yes, I thoroughly endorse a tar-and-feathering of votes followed by a bonfire of votes inside his living room. Maybe a few pitchforks of votes up his bum, too.

    2. MosesInvests

      "REAL class warfare"?

      In her book A Distant Mirror: The Calamitous Fourteenth Century, Barbara Tuchman writes about a peasant revolt in 1358 that began in the village of St. Leu and spread throughout the Oise Valley. At one estate, the serfs sacked the manor house, killed the knight, and roasted him on a spit in front of his wife and kids. Then, after ten or twelve peasants violated the lady, with the children still watching, they forced her to eat the roasted flesh of her dead husband and then killed her.

      That is class warfare.

      Arguing over the optimum marginal tax rate for the top one percent is not. (HT to the Hon. Senator Al Franken).

  30. Jus_Wonderin

    I probably shouldn't have done this, but I commented through Facebook to that link. I am sure I will get hate "posts".

    1. ChickTract_Fil_A

      I believe I blown my alias by going to the Westgate Resorts Facebook page posing as a timeshare customer complaining about receiving this strange global email yesterday.

    1. CommieLibunatic

      Then go, already! I'm tired of living in a land where greed is virtue. I recall Ron Paul or someone from his camp daydreaming about an ocean platform nation off the coast of San Fran without gun laws.

  31. Trannysurprise

    "On January 20, 2009 Westgate Resorts Ltd. was found guilty and had to settle with the US Government for its violations of the Telemarketing Sales Rule (“Rule”), 16 C.F.R. Part 310, including the National Do Not Call Registry provisions. As part of its settlement with the US Government, it had to pay a $900,000 fine."

    BTW – this is the asshole that "worked hard" etc. by calling me 20 times a day after I told him I didn't want his shit.

    1. Generation[redacted]

      Actually, he "worked hard" by threatening to fire some guy if he didn't call you 20 times a day.

    2. Biel_ze_Bubba

      "Westgate Founder and CEO David Siegel was found guilty of sexual harassment in a lawsuit brought by former Westgate employee Georgette Meyers. Meyers worked for Westgate for 14 years. She claimed that Siegel offered $1 Million to have sex with her. Meyers claimed that she had to repeatedly fight off unwanted advances from Siegel, and a Florida court awarded Meyers $5.4 Million in damages in February 2008."

      The man has some interesting ideas about the sort of luxuries he's 'entitled' to buy.

  32. docterry6973

    I wonder if his employees are looking forward to their holiday party.

    Oh, and that house? It is the famous 'Versailles' house planned to be the largest private residence in America. Old Dave hit it big in the time share business, but got hit when the bubble burst and the bankers called his attention to all the loans he had co-signed. He's been trying to sell off his tasteless white elephant since.

    Yes, he is a titan of industry and a pillar of his community, no doubt.

    1. Biel_ze_Bubba

      It takes a very special mentality to whine about how you got screwed by the collapse of the housing market, when you were part of the problem.

    2. CommieLibunatic

      Oh god, I just looked that thing up on Google Earth. Even from the air, it's like some abominable zigguraut in its scale.

  33. Gleem McShineys

    We pay state taxes, federal taxes, property taxes, sales and use taxes, payroll taxes, workers compensation taxes and unemployment taxes. I even have to hire an entire department to manage all these taxes.

    Just like every other goddamn fucking business throughout the history of all history, but still.

    CARRY ME TO MY GOLDEN THRONE, OR I SHALL PEN THE HARSHEST DECREE YET, PEASANTS!

    1. anniegetyerfun

      Seriously, someone call the fucking WAAAAMBULANCE. You'd think he'd be delighted to create more jobs, but NO, he has to sob like a titty baby over employing an Accounting department.

  34. UnholyMoses

    Thank you, World, for once again showing me that karma takes entirely too fucking long to make its way 'round to some people.

    1. Mumbletypeg

      Too funny. When I read the part about "90,000 foot square house" just *above* the "fake chain mail", I read "fake 90,000 ft square" estate or else that's what took shape in my mind's eye and I recollected the exact same story of that Koch guy's weird sad little epic play station.

      "Population: Me." (I'm too lazy & ill-timed with commute home to look up and hyperlink it)

  35. fuflans

    yeah. as goonermeritus noted, this asshole has a whole goddamned documentary dedicated to his obscene ways. his downfall had NOTHING to do with barack obama. here is imdb summary:

    In 2008, the Siegel family was top of the heap with the wealthy and politically influential David Siegel running the successful Westgate Resorts time-share business. To enjoy their good life, he and his engineer turned beauty queen trophy wife, Jackie, were building the largest single family private home in America. Suddenly, both the US economy and Westgate were rocked by the devastating sub-prime mortgage collapse. In the new economic reality with the business teetering on ruin, we follow the Siegels as they struggle to scale down their grotesquely ostentatious lifestyle. For this overprivileged family, accepting that situation proved a dispiriting struggle even as their unfinished dream home became a monument of their superficial values.

    i would see the movie to gloat except i hear they're so pathetic, one of the dogs dies.

      1. PsycWench

        Apparently their income has greatly limited Ms. Siegal's ability to keep her roots colored. Seems odd to pose in these multi-million dollar settings with a skunk stripe.

    1. Esteev

      struggle to scale down their grotesquely ostentatious lifestyle

      There is a lot wrong with this sentence.

    1. Generation[redacted]

      And then where will the ignorant masses spend two weeks a year for a low low initial purchase plus annual fee plus plus processing fee plus maintenance fee plus reservation fee plus resort fees?

  36. natl_[redacted]_cmdr

    Reposted from Jack Welch story, but just as valid:

    This Just In: Rich, Privileged White Man Has Thin Skin, Is Whiny Baby.

  37. mustangsavvy

    "You see, I can no longer support a system that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, so will your opportunities. If that happens, you can find me in the Caribbean sitting on the beach, under a palm tree, retired, and with no employees to worry about."

    In other words, fuck you motherfuckers! If this shit blows up, I've got my Cayman Islands trust fund all ready to roll, bitches and I'll be watching this country burn to the ground from the comfort of my 400,000 sq foot compound built on the tears of immigrant children. Also, I pay no taxes because hahaha that whole tax department I hired? All they do all day long is make my tax bill as small as humanly possible. Like my dick.

    Love & Kisses,
    Your Imperial Leader

    P.S. Get the fuck back to work!

  38. widestanceromance

    NOTHING says 'class' like a bloated mound of polyester-sleeved white trash seated upon his golden throne with his ladywhore (counting the days until his massive heart attack, if she could count).

    1. tessiee

      "Man, don't you think I know she hates me?
      Man, don't you think I know that she's no good?
      If she knew how, she'd be unfaithful to me"
      – Randy Newman, "Wedding in Cherokee County"

  39. pinkocommi

    "You see, I can no longer support a system that penalizes the productive and gives to the unproductive. My motivation to work and to provide jobs will be destroyed, and with it, so will your opportunities. If that happens, you can find me in the Caribbean sitting on the beach, under a palm tree, retired, and with no employees to worry about."

    Now is a good time to educate this dickwad about all the people who are still working because they can't afford to retire.

  40. Doktor Zoom

    At least the Ladies love him:

    Westgate Founder and CEO David Siegel was found guilty of sexual harassment in a lawsuit brought by former Westgate employee Georgette Meyers. Meyers worked for Westgate for 14 years. She claimed that Siegel offered $1 Million to have sex with her. Meyers claimed that she had to repeatedly fight off unwanted advances from Siegel, and a Florida court awarded Meyers $5.4 Million in damages in February 2008.

  41. mavenmaven

    "But if you listen to my missive, you can get free tickets to Disneyland. All you have to do is read or listen to our missive, and perhaps look at one or two of our lovely time share apt models, and you can go to Disneyland free. Now what was your cell number and email address?"

  42. Nibbler of Niblonia

    this is the company that goes around to wine festivals in my area and holds a "raffle" for a free stay at one of their time shares, and then they use everyone's entry slip to just call and market to them to come and attend a time share presentation. they take a credit card to "hold" the reservation for you, and promise not to charge you anything. We didn't take the bait…

    not a surprise that this shady company would have an equally shady CEO

  43. UnholyMoses

    Reason #5,098,201 to vote for Obama: Assholes like this one will leave us the fuck alone.

    So, ya know … VOTE!!!!!!!!!!!!!!!!!!!!!

    1. Negropolis

      Oh, they sure as hell won't leave us alone, but they won't have a direct line to the leader of the free world, so there is definitely that benefit.

      1. UnholyMoses

        Sadly, yes … yes I do.

        But a guy can dream, can't he?

        I mean, all I want for Xmas is for all these whiny rich fucks to go and find their Galt Gulch on some other continent if/when Obamz is re-elected. Then the rest of us can start having nice things again without their interference.

        But, yeah … never gonna happen. Thus, it's more of a "we can haz more better rich peeple now plz?" situation. (Again, dreaming here … )

  44. friendlyskies

    Yeah, you can't really crib a letter like that after the fall of your company was the subject of a fabulous and detailed documentary. I loved "Queen of Versailles," everyone should see it. But if you don't, here's the summary: 2008 happened, everyone in the USA cut back on luxury goods, timeshares are a luxury good, his company faltered, dude made several bad business decisions – to keep his 90,000-square-foot home and a huge tower in Las Vegas rather than sell them off, among others- and finally his company failed. It was like a Greek tragedy. And had nothing to do with Obama; I believe the word is "hubris."

  45. ahnc

    So, if Obama wins, this CEO retires to the Caribbean after firing his employees.

    Another fine example of the Greed is Good philosophy.

  46. stopthemovie

    This guy has been robbin Peter to pay Paul for so long now I hope he goes to jail or straight to fuckin hell

  47. barto

    I would love to see his ACTUAL tax rate. Of course he gets nothing that supports his business in return for his taxes. What a Dick.

  48. GeorgiaBurning

    He'll shut down a timeshare selling business? Another reason to vote for Obama, as far as I'm concerned.

  49. HouseOfTheBlueLights

    All I can say is, where exactly *is* this line for direct payment of rich people's taxes into my lazy ass pocket, because I want to get on it.

  50. Mapmonger

    Goddammit, wonket. You keep making me revise my "First One Against The Wall When The Revolution Comes" list.

    1. rickmaci

      You start to understand a little better how it was the French Revolution got all caught up with the guillotine.

  51. scorpy1

    If that happens, you can find me in the Caribbean sitting on the beach

    Guy has a point: the system penalizes his workers and gives his unproductive arse a cozy retirement.

  52. HouseOfTheBlueLights

    And just to be clear. building a 90,000 square foot house falls under "making all the right decisions"?

  53. a_pink_poodle

    I can't tell you how to vote and I won't interfere but if you vote for that communist I'LL FUCKING FIRE PEOPLE AT RANDOM EVER HOUR ON THE HOUR! You have one hour to comply with my demands. And to prove I'm serious, I just fired a father of four so I could save 4$ a year!

  54. ChickTract_Fil_A

    Hands in the air. Anybody buy a Westgate timeshare on credit? This man REALLY hates you.

  55. ingloriousbytch

    Back in the good old days, guys like this would just spend their money on hookers who would let them scream "I'M KING OF THE WORLD!!" while fucking them. Now everybody's political.

  56. Esteev

    NY Mag called the movie The Queen of Versailles "a brilliant metaphor for everything screwed up with the American economy and the culture that shaped it."

  57. Biel_ze_Bubba

    Good thing this dickhead's business didn't exist during the Clinton administration, because those taxe rates would have just wiped him right out.

  58. Serfville

    I knew Westgate Resorts, I worked for Westgate Resorts, I was a friend of Westgate Resorts & you Sir, are no Westgate Resorts! Ok, I know a 'lil about that "Hey, you won a trip to Florida!" Crap company cold calling you at dinnertime to REALLY to sell you a timeshare if you come down & listen to their 20 hour timeshare presentation. Does the word drywall with holes in it mean anything to you? Yes, cutting corners by the shitload. Does working for $4.00 per hr mean anything to you? Worse wages than Disney. This fraud yacht shit makes that BP guy look like Mary Poppins. I didn't work for that Dickensonian company but I know the lowdown by osmosis. Remember the Dr. that wouldn't see patients that voted for Prez, & posted a note on his strip mall Dr's office to tell you to go home & croak if you did, he ain't treating you? Same idea. Fuck faces. Rise up America! Forget about the F'n debates. This is Nazi shit going down. Save the constitution for craps sake!

  59. BartStarrland

    'Adversity doesn't build character, it reveals it'. A hackneyed cliche, yes, but more than a little relevant these days. God what pussies these guys [hedge fund mgrs, Welch, Siegel] are.

  60. Biel_ze_Bubba

    His "back story" is overshadowed by what people actually see and hear? Funny how that works, ain't it?

  61. rickmaci

    "Last year, Siegel lost a sexual harassment lawsuit in Orlando federal court. The trial was Page 1 of the Orlando Sentinel and led TV news broadcasts. A salacious sex scandal that played out in court for four years, it was the Orlando version of Indecent Proposal. Dawn Myers, who was fired after working 14 years for Westgate, claimed Siegel offered her $1 million for sex and that Jacqueline propositioned her for a ménage a trois. Myers also alleged that Siegel sexually harassed and groped her repeatedly in the 1990s and 2000 while she dated one of his sons.

    Siegel denied the allegations in court, but the jurors sided with Myers, awarding her $5.4 million. Afterward, Siegel complained they ruled against him because he was a “wealthy guy.” The judge later reduced the award—to $610,000."

    He wasn't satisfied with just trying to fuck his employees, now he wants to fuck them over too.

        1. Doktor Zoom

          Heh…. he's not entirely unknown; he got rich as a startup investor in Amazon.com, and has been a consistent "tax the rich, for godssake" voice; he's mostly known online due to that kerfuffle about the TED site initially not posting his talk because it was "too political." He was also one of the people Jon Ronson interviewed in this terrific GQ piece about income inequality that I blogged about back in July. He doesn't have the profile of a Warren Buffett, but he's a far better voice for "our" side than Siegel is for "theirs."

  62. carlgt1

    amazing – it just shows the problem with this country is a guy like this who should be settling into a guillotine right now; will probably end up in Mitt Romney's cabinet!

  63. anniegetyerfun

    "If that happens, you can find me in the Caribbean sitting on the beach, under a palm tree, retired, and with no employees to worry about."

    Someone needs a solid dick-punching. You're not in business as a favor to your employees, you fuckwad. If you don't enjoy it, then sell the business to someone who does.

  64. Veritas78

    Actually, he does (or did). In the Gawker comments, it is detailed how he harassed one of his employees for four years, even offering her $1 million to have sex with him. She won a $5.4 million lawsuit (and apparently did not have to have sex with him.)

  65. Gleem McShineys

    "If that happens, you can find me in the Caribbean sitting on the beach, under a palm tree, retired, whining endlessly about how terrible Obama is to every cabana boy unlucky enough to want to try to get a tip out of me."

    There you go, my ambulatory stool sample friend, to match your butthurterrific reality!

  66. ChickTract_Fil_A

    Employee retaliation on the super-rich in the resort industry is historically gruesome. NEVER FORGET THE GREAT WESTWORLD TRAGEDY OF '73!!! But from the smoking carnage arose Futureworld!…ps- never forget the great futureworld tragedy of '76…

  67. Chet Kincaid_

    In other Asshole Oligarch News, I believe Ed has been covering this story about the Coal Mine King who made his miners take the day off without pay to stand behind Romney at a campaign stop, and he is also heavily threatening his workers to donate to Mitt, sending out shaming emails and spreadsheets with who's given what.

    EDIT: In fact, Ed is just about to talk about our Time Share King right now!

    1. anniegetyerfun

      Heard an interview with a spokesperson for the mine who said that "No one was FORCED to attend the rally, but they were given the day off with no pay and told that attendance was mandatory."

      Of course you couldn't count on the reporter to ask what the fuck the difference was.

  68. JimmyPete

    Oh David saw you at the Entelmanns day old bread store picking up some stale donuts for the house quests squirrel away in your obscenely large house. Thank you sir, I'll have another.

  69. randcoolcatdaddy

    "My motivation to work and to provide jobs will be destroyed, and with it, so will your opportunities."

    My motivation to wipe your ass or give you your pain meds if you wind up in elder care has been destroyed by your whining like a spoiled child.

  70. DahBoner

    Why is it when a businessman takes money from the government in the form of tax cuts, he's a "bold, job-creating genius"?

    But when a poor person takes money from the government in the form of food they're "moochers"?

  71. ttommyunger

    "…you can find me in the Caribbean sitting on the beach, under a palm tree….." I don't really think you want that.

  72. Negropolis

    These modern conservative lies about taxes are the "lies from the pit of hell" they are always prattling on about.

  73. tessiee

    "Even to this day, every dime I earn goes back into this company. 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."

    But that's OK. Don't worry about me. I'll be fine. Really. I'll just sit here… alone… in the dark…

    "I can no longer support a system that penalizes the productive and gives to the unproductive. [...] If that happens, you can find me in the Caribbean sitting on the beach, under a palm tree, retired, and with no employees to worry about."

    On what? You're broke. You've put every dime you earned back into the company. You just said so. We all heard you.

    1. Jus_Wonderin

      It is difficult for them lately. This stuff is writing itself and they are feeling blocked and uncreative.

  74. tessiee

    "Unfortunately, the costs of running a business have gotten out of control, and let me tell you why: We are being taxed to death and the government thinks we don’t pay enough. We pay state taxes, federal taxes, property taxes, sales and use taxes, payroll taxes, workers compensation taxes and unemployment taxes. I even have to hire an entire department to manage all these taxes."

    And then this happened:
    http://www.youtube.com/watch?v=ip7YU_kuB0s

  75. tessiee

    "Now, the economy is falling apart and 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."

    See, this is what *I* thought when we all had to bail out the banks.
    Oh, FINE then! Except I didn't make all the right decisions; now please stop snickering.

  76. upthruster

    "Now, the economy is falling apart and 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."

    Because obviously he built this company all by himself…he built that…with no help from anyone else, just by making all the right decisions and the company appeared.

    "or is it people like me who built a company out of his garage"

    Yeah, he built that resort company out of a garage. Like renting sleeping cots under the shelves of paint cans and old spider webs…that's how you build a resort business…in a garage!!

    "I even have to hire an entire department to manage all these taxes."

    Yes, he has to actually hire people to do financial work now… when all he had to do 42 years ago was open a garage door and make all the right decisions and the business appeared. Now he has to hire people-WTF?!

    "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"

    He has a hotel to live in on every prime resort location you could imagine and yet he needs a dream home. Why not just open up a garage and make a decision and it will appear dude? Oh and the private schools! What would you do if your children had to associate with those other kinds of people.

  77. Pete in Williamsburg

    Bill Rorich: This is a brutal layoff.
    Paul Moore: You can make it less brutal by knocking a million or so off your salary… Bad joke, I'm sorry.

  78. Yellerdawg

    The guy who started the largest single family home in America, then went broke, complains about people who overspend then go broke. hah. fucking. hah.

  79. harobedyelsnit

    "I miss early-90s Disney afternoon cartoons."

    Me too. Bring back Earthworm Jim and Pinky and the Brain. Wait a minute — were those Warner Brothers cartoons.
    Never mind.

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