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you may have heard that business and politics just don't mix but tell that to david segal the founder and c.e.o. of westgate resorts gawker discover that the billionaire owner of the international timeshare company and resort developer sent an e-mail to his employees that essentially threatened them with mass layoffs if president obama won reelection in november the e-mail from siegel to his employees begins as a pep talk but very quickly gets political he says quote the economy doesn't currently pose a threat to your job what does threaten your job however is another four 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 in fact i encourage you to vote for whomever you think will serve your interests best it's a story argy correspondent nicholas o'donovan has been looking into he joins us live from our studios in miami florida hey there necklace the inference of course is that the employee's best interests are served by a romney administration bu
you may have heard that business and politics just don't mix but tell that to david segal the founder and c.e.o. of westgate resorts gawker discover that the billionaire owner of the international timeshare company and resort developer sent an e-mail to his employees that essentially threatened them with mass layoffs if president obama won reelection in november the e-mail from siegel to his employees begins as a pep talk but very quickly gets political he says quote the economy doesn't...
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be reelected and should the president actually succeed this time and making the super rich like david segal pay their fair share in taxes again which would only be a modest three percent tax increase then he will maintain his riches by firing them and by taking away their paychecks after all he's a job creator so he would know how to spend money better than his lowly workers right so how exactly is david segal currently trying to spend his money well he's trying to build the biggest house in america. he never thought out to the think it's healthy it just didn't have and it's bigger than the white house to disclose. all sides of this bill bill which states furniture is going to be all right i know this is my room this is my closet. that's his wife and that's the massive house they're building so here there we have an eccentric billionaire attempting to build a modern day verse side to live in and threatening his employees that should the president raise his taxes that is their heads that will roll and for some reason that i can understand in today's political debate this guy is considered a
be reelected and should the president actually succeed this time and making the super rich like david segal pay their fair share in taxes again which would only be a modest three percent tax increase then he will maintain his riches by firing them and by taking away their paychecks after all he's a job creator so he would know how to spend money better than his lowly workers right so how exactly is david segal currently trying to spend his money well he's trying to build the biggest house in...
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Oct 10, 2012
10/12
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FBC
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here is david segal talking about taxes on effect of hiring at hits company. here is david siegel. >> with the new obamacare coming in and now the threat of higher taxes, it just means less money to expand our business. i wanted my employees to be informed as to what the results could be of them both, voting for the wrong candidate. >> more part-time jobs coming into the economy. here is dart den restaurants. considering more part-time jobs to address health reform costs. telling fox business the law is so rigid there is no flexibility in it at all. hear is the deal, hear is the bottom line. basically the high cost of affordable care. if you work 30 hours a week you are supposed to be getting health insurance. if you go below 30 hours you don't get health insurance. if the company doesn't provide you 30 hours a week, the company pay as fine of 3 tow per worker. the incentive to drop below the 30 hour per week water mark. the problem these companies, restaurants like darden which owns olive garden and longhorn steakhouse, they were providing cheap health care co
here is david segal talking about taxes on effect of hiring at hits company. here is david siegel. >> with the new obamacare coming in and now the threat of higher taxes, it just means less money to expand our business. i wanted my employees to be informed as to what the results could be of them both, voting for the wrong candidate. >> more part-time jobs coming into the economy. here is dart den restaurants. considering more part-time jobs to address health reform costs. telling...
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david segal warned his employees that should barack obama raises taxes then he be forced to downsize this company also a.s.g. software solutions c.e.o. arthur allen sent an e-mail to his employees warning that there would be fought if barack obama wins the presidency and then there's murray energy the largest private coal company in the nation which according to the new republic has coerced its employees to donate money to republican politicians so exactly what is going on here is the new strategy for the corporate elite to seize power to force their low wage workers to become their political slaves to here to tell us more about this story is michaele labor journalist and staff writer for in these times magazine mike welcome back to the show great to have you with us how does this story advance what we already know about the koch's political activities well i think you knew in a certain way. it shines a new light in the sense that here the koch's they've always said they've been for freedom in libertarian ideals right so while they've been taking advantage of the new free speech righ
david segal warned his employees that should barack obama raises taxes then he be forced to downsize this company also a.s.g. software solutions c.e.o. arthur allen sent an e-mail to his employees warning that there would be fought if barack obama wins the presidency and then there's murray energy the largest private coal company in the nation which according to the new republic has coerced its employees to donate money to republican politicians so exactly what is going on here is the new...
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of westgate resorts david segal westgate resorts is a national timeshare company of one of the largest resorts and one of the largest of its resort developers in the world in a letter to his employees he wrote quote it's quite simple if any new taxes are levied on me or on 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'll be forced to cut back this means fewer jobs less benefits and certainly less opportunity for everyone he went on to say that if this does happen and he has to close shop that he won't be worried instead he'll be on the caribbean sitting under a v. sitting on a beach under a palm tree and retired with no employees to worry about and let's not forget about bob murray the c.e.o. of murray energy if you recall he's the one that forced employees from west virginia coal to take an unpaid day off work and attend a mitt romney speech in the front of the mine he's also routinely asked his employees to donate their time and money to political causes that he supports and one letter he wrote q
of westgate resorts david segal westgate resorts is a national timeshare company of one of the largest resorts and one of the largest of its resort developers in the world in a letter to his employees he wrote quote it's quite simple if any new taxes are levied on me or on 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'll be forced to cut back this means fewer jobs less benefits and certainly less...
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Oct 14, 2012
10/12
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MSNBC
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west gate resort ceo david segal e-mailed employees saying he'll have no choice but fire people if presidentbama is reelected and his tax rates go up. it doesn't pose a threat to your job. what does is another four years of the same presidential administration. if taxes are levied on me or my company, i will have no choice to reduce the size of my company. which candidate understands the economics of business ownership and who doesn't? whose policies will endanger your job. it comes months after a romney backer in ohio. robert murray sent a letter to employees asking them to donate if they did not, the coal industry will be eliminated and so will your job. he forced them to pay a rally for mitt romney in ohio. in response, the obama campaign produced this biting ad. >> see the coal miners in these ads, turns out attendance was mandatory. the mine was closed, lost the pay they needed all to be props in romney's commercial. >> they feel forced. they had to take the day off without pay but took a roll call. they had a list of who was there and who wasn't. they felt they would not have a job if
west gate resort ceo david segal e-mailed employees saying he'll have no choice but fire people if presidentbama is reelected and his tax rates go up. it doesn't pose a threat to your job. what does is another four years of the same presidential administration. if taxes are levied on me or my company, i will have no choice to reduce the size of my company. which candidate understands the economics of business ownership and who doesn't? whose policies will endanger your job. it comes months...