David Siegel is the founder and CEO of Westgate Resorts, a real estate and timeshare company. In a recent letter to his 7,000 employees, he wrote:
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 7,000 people and hosts over 3 million people per year with a great vacation?
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.
That’s really quite good – I like that. Perhaps he’s read Atlas Shrugged.