Anti-Obama Millionaire CEO David Siegel Raises Minimum Wage For His Employees

Image of David Seigel and his wife courtesy of Ok! Magazine.

Image of David Seigel and his wife, courtesy of Ok! Magazine.

I am a firm believer in giving credit when credit is due, regardless of political affiliation. If you’ve read this website for any period of time, you’re sure to note that we certainly don’t pull any punches in criticizing conservatives when they do stupid or hateful things – and we also don’t have any problem calling out the left when necessary.

Today, I present to you the story of David Siegel, the time share magnate and CEO of Westgate Resorts. He and his wife appeared in a documentary called “The Queen Of Versailles” which followed the construction of their massive mansion which, according to OK! Magazine, contained the following:

nine kitchens, thirty bedrooms, twenty-three bathrooms, three pools, two bowling alleys, a disco, roller rink, two tennis courts, three hot tubs, 30-car underground carport, expansive wine cellar, bomb shelter, two game rooms, two movie theaters, a grand hall with a 30-foot stained glass dome and $5 million of marble…(Source)

David Seigel, who also claims he was personally responsible for getting George W. Bush elected in 2000, told his employees that if President Obama was re-elected in 2012, he would have no choice but to fire many of them in a letter sent out prior to the election. Here’s a portion of it, courtesy of

To All My Valued Employees,

As most of you know our company, Westgate Resorts, has continued to succeed in spite of a very dismal economy. There is no question that the economy has changed for the worse and we have not seen any improvement over the past four years. 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. In fact, I encourage you to vote for whomever you think will serve your interests the best…

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.So, when you make your decision to vote, ask yourself, which candidate understands the economics of business ownership and who doesn’t? Whose policies will endanger your job? Answer those questions and you should know who might be the one capable of protecting and saving your job. While the media wants to tell you to believe the “1 percenters” are bad, I’m telling you they are not. They create most of the jobs. If you lose your job, it won’t be at the hands of the “1%”; it will be at the hands of a political hurricane that swept through this country.

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.

Signed, your boss,

David Siegel 

So that was then, and this is now:

In a news release, Siegel, CEO of Westgate Resorts, said new employees and those currently earning less than $10 per hour will receive the pay increase “with the exception of commissioned and tipped employees or employees covered by a collective bargaining agreement.”

Company officials could not be reached for comment to say how many current employees would be affected. (Source)

President Obama got re-elected, the company didn’t fall apart, David Siegel didn’t lose his motivation to work or provide jobs, and employees got a raise. In fact, they’re having their best year ever according to his own words. Sure, it’s a not huge raise when you look at the cost of living in the Orlando, FL area, but it’s still a start. The hospitality and service industry is not an easy one to work in, so for David Siegel to announce that he’s raising the company minimum wage and giving everyone raises is not only a good publicity move, but a smart move from a business standpoint. I think a lot of other businesses could take a page out of his business book and do the same. After all, it’s pretty hypocritical to complain about people receiving government assistance when your company doesn’t provide a decent wage and benefits.

Kudos to you, David Siegel. This may not make up for your claim that you are personally responsible for getting Bush elected in 2000, but it’s a start.


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