Doctor tells patients he will quit if President Obama is re-elected - page 5

by chicarn

10,109 Views | 63 Comments

Doctors are throwing tantrums now.... Read More


  1. 5
    Quote from SC_RNDude
    His garage used to serve as his office, and now he employs over 7000 people. So yes, I would say he does know how to and has a track record growing the company, hiring more employees, and generating economic growth.

    In light of the above, you think he should have to take a pay cut so that the government can take more of what he earned and give it to others?

    CEO's are drains on their companies? This guy can't be, can he? Again, he started working in his garage and now employes 7000 people. How is he a drain? How are other CEO's a "drain"? My guess is that like most of the "CEO's are evil" types you really don't have any idea of how much the average CEO makes and the relationship of his/her compensation to numbers of employees and $$$ in profit. The truth is, in most cases a CEO's salary is minute compared to the profits the company makes, and if your CEO's salary was cut to $1 and what he used to make was split up among all the employees, you probably wouldn't notice.


    Just for fun, here is another CEO saying how bad Obama is for business and the economy. And, please remember healthcare is a business. This one happens to be a well-known Democrat supporter in the past. Wynn says he’s afraid to build in Las Vegas because of Obama - VEGAS INC
    Oh yeah, Steve Wynn is afraid to build in Vegas. Vegas will fall to the ground if Obama is re-elected. Steve Wynn will lose his shirt if he builds one more hotel. I guess Steve Wynn thinks we are all stupid.

    My guess is that like most of the "CEO's are evil" types you really don't have any idea of how much the average CEO makes and the relationship of his/her compensation to numbers of employees and $$$ in profit. The truth is, in most cases a CEO's salary is minute compared to the profits the company makes, and if your CEO's salary was cut to $1 and what he used to make was split up among all the employees, you probably wouldn't notice.

    Really, you wrote that straight faced?


    You know what, I have no problem with people working hard and making a great living. I have done the same (on a much smaller scale of course.) The problem I have with executive salaries is where I'm supposed to feel sorry for them because they might be taxed more than they recently have been. Especially in light of stats that say that their compensation averages 206 times more than their workers, or that the average pay of a a CEO in the S&P 500 was $12.94 million in 2011. Sorry if it doesn't bother you, but it bothers me when you have a CEO emailing his employees with some sob story and threatening their jobs if a certain candidate is elected. (As if a president is some sort of dictator, and everything that happens under that president is their fault. Please. Again, "they think we're stupid.")

    Really, some schmoe with 'the largest house in America" will lay off his workers rather than cut other expenses or *gasp* his own salary. And I'm supposed to blame Obama for it. Really? Sorry, I'm not an idiot.
    Last edit by redhead_NURSE98! on Oct 11, '12
    HazelLPN, KelRN215, TheCommuter, and 2 others like this.
  2. 2
    Quote from SC_RNDude
    I'm curious as to what some of you think about the email this CEO sent to his employees.

    CEO to Workers: I May Fire You if Obama Wins - Yahoo! Finance
    He can say whatever he wants to say, no matter how absurd it may be. If Obama was actually a threat to his business then I could see his reasoning, but as even he points out, his company has been more successful in the past few years than it ever has in it's history (with Obama as President). His true reasoning behind this statement comes out a bit more when challenged with this fact, he states "They (employees) are like my children, and I’m the Jewish mother telling them to eat their spinach and vote for Romney.”
    HazelLPN and redhead_NURSE98! like this.
  3. 3
    Quote from redhead_NURSE98!
    Oh yeah, Steve Wynn is afraid to build in Vegas. Vegas will fall to the ground if Obama is re-elected. Steve Wynn will lose his shirt if he builds one more hotel. I guess Steve Wynn thinks we are all stupid.
    "they think we're stupid.")

    Really, some schmoe with 'the largest house in America" will lay off his workers rather than cut other expenses or *gasp* his own salary. And I'm supposed to blame Obama for it. Really? Sorry, I'm not an idiot.
    *** They do think we are stupid. For the most part they are right. The very fact that the silly political adds even change anyone's mind is evidece.
    Some of us realize that most of the huge and highly profitable hotels in LV were built when taxes were much higher than they currently are. Who cares if Steve Wynn is too timid to build in LV. If he doesen't someone else will.
  4. 1
    Quote from redhead_NURSE98!
    Oh yeah, Steve Wynn is afraid to build in Vegas. Vegas will fall to the ground if Obama is re-elected. Steve Wynn will lose his shirt if he builds one more hotel. I guess Steve Wynn thinks we are all stupid.

    My guess is that like most of the "CEO's are evil" types you really don't have any idea of how much the average CEO makes and the relationship of his/her compensation to numbers of employees and $$$ in profit. The truth is, in most cases a CEO's salary is minute compared to the profits the company makes, and if your CEO's salary was cut to $1 and what he used to make was split up among all the employees, you probably wouldn't notice.

    Really, you wrote that straight faced?


    You know what, I have no problem with people working hard and making a great living. I have done the same (on a much smaller scale of course.) The problem I have with executive salaries is where I'm supposed to feel sorry for them because they might be taxed more than they recently have been. Especially in light of stats that say that their compensation averages 206 times more than their workers, or that the average pay of a a CEO in the S&P 500 was $12.94 million in 2011. Sorry if it doesn't bother you, but it bothers me when you have a CEO emailing his employees with some sob story and threatening their jobs if a certain candidate is elected. (As if a president is some sort of dictator, and everything that happens under that president is their fault. Please. Again, "they think we're stupid.")

    Really, some schmoe with 'the largest house in America" will lay off his workers rather than cut other expenses or *gasp* his own salary. And I'm supposed to blame Obama for it. Really? Sorry, I'm not an idiot.
    You are missing the point. It's not that you should feel sorry for them. And no, they aren't going to lose their shirts. What is important is that they are saying they are far less inclined to take on the risk of investing more in growing their company when the government is going to take more of their possible benefit. The risk vs reward is going to be less in their favor.

    There are many more examples of business people getting the word out about how if Obama is able to do what he says he is going to do will be bad for business. And it's not just the Steve Wynns of the world. Please show me all the business people who say Obama is good for business!

    This is another example that shows that to buy into liberalism, you have to believe that the actions of conservatives or implementation of conservative ideas are always ill-intentioned.

    And, I just want to clarify.... you think the CEO (the schmoe with the big house) who started his own company from his garage and now employs 7000 people should have to cut his own salary and own expenses because the goevernment is entitled to more of what he earned? You think people like Obama understand the economy and business better then he does?
    Last edit by SC_RNDude on Oct 13, '12 : Reason: typos
    Szasz_is_Right likes this.
  5. 1
    Quote from MunoRN
    He can say whatever he wants to say, no matter how absurd it may be. If Obama was actually a threat to his business then I could see his reasoning, but as even he points out, his company has been more successful in the past few years than it ever has in it's history (with Obama as President). His true reasoning behind this statement comes out a bit more when challenged with this fact, he states "They (employees) are like my children, and I’m the Jewish mother telling them to eat their spinach and vote for Romney.”
    I don't recall him saying his business was it's most successful the past few years. Anyway, that doesn't matter. What is coming up ahead is what matters. His taxes are going to go up, and Obamacare is going to cost him more. So yes, Obama is a threat to his business.
    Szasz_is_Right likes this.
  6. 2
    Quote from SC_RNDude
    You are missing the point. It's not that you should feel sorry for them. And no, they aren't going to lose their shirts. What is important is that they are saying they are far less inclined to take on the risk of investing more in growing their company when the government is going to take more of their possible benefit. The risk vs reward is going to be less in their favor.
    ?
    *** It's worth remebering that he had his office in his garage then built his company to 7000 employees when taxes where higher than they are now. His business didn't just spring forth when the Bush tax cuts took effect.
    HazelLPN and redhead_NURSE98! like this.
  7. 1
    Quote from SC_RNDude
    What is important is that they are saying they are far less inclined to take on the risk of investing more in growing their company when the government is going to take more of their possible benefit.
    Yep. "They are saying." And I'm not an idiot, so I don't buy it.

    Quote from SC_RNDude
    And, I just want to clarify.... you think the CEO (the schmoe with the big house) who started his own company from his garage and now employs 7000 people should have to cut his own salary and own expenses because the goevernment is entitled to more of what he earned?
    As a choice between that and threatening his employees? Yes.

    Quote from SC_RNDude
    You think people like Obama understand the economy and business better then he does?
    Not relevant to this discussion.
    HazelLPN likes this.
  8. 4
    Quote from SC_RNDude
    I don't recall him saying his business was it's most successful the past few years. Anyway, that doesn't matter. What is coming up ahead is what matters. His taxes are going to go up, and Obamacare is going to cost him more. So yes, Obama is a threat to his business.
    "But while Siegel has claimed that an Obama reelection would mean debilitating tax hikes, he’s also admitted amid his defense of the email that his business is currently thriving under Obama.“The company is doing the best we’ve done in our history,” Siegel said in an interview with Businessweek. The comment echoes a similar one he made on CNBC’s “Closing Bell with Maria Bartiromo," when told hosts “we’re very profitable.”

    http://www.huffingtonpost.com/2012/10/12/david-siegel-obama_n_1961778.html?utm_hp_ref=elections-2012

    It doesn't matter that his company has not suffered under Obama? The hypothesis he put's forward in these e-mail is that if Obama were President, his company would suffer. This is an easy hypothesis to test as Obama has already been president for 4 years, so how has his company done? Very well; hypothesis=false.

    Health insurance premiums have been rising exponentially for some time, there were predictions of increases of 6% to more than 20% this year prior to Obamacare, now the predictions are for a 3%-9% increase (which is less than 6-20), largely due to limiting private insurer overhead to 20% and increasing the overall amount put into the pool. Either way, it doesn't really matter who's president. Obamacare is a law and laws are repealed by the Senate and House, not the President.

    In terms of his corporate taxes, there is no Obama proposal to raise his taxes, he has however proposed cutting corporate taxes back to 28%.




    HazelLPN, KelRN215, redhead_NURSE98!, and 1 other like this.
  9. 0
    Quote from MunoRN
    "But while Siegel has claimed that an Obama reelection would mean debilitating tax hikes, he’s also admitted amid his defense of the email that his business is currently thriving under Obama.“The company is doing the best we’ve done in our history,” Siegel said in an interview with Businessweek. The comment echoes a similar one he made on CNBC’s “Closing Bell with Maria Bartiromo," when told hosts “we’re very profitable.”

    http://www.huffingtonpost.com/2012/10/12/david-siegel-obama_n_1961778.html?utm_hp_ref=elections-2012

    It doesn't matter that his company has not suffered under Obama? The hypothesis he put's forward in these e-mail is that if Obama were President, his company would suffer. This is an easy hypothesis to test as Obama has already been president for 4 years, so how has his company done? Very well; hypothesis=false.

    Health insurance premiums have been rising exponentially for some time, there were predictions of increases of 6% to more than 20% this year prior to Obamacare, now the predictions are for a 3%-9% increase (which is less than 6-20), largely due to limiting private insurer overhead to 20% and increasing the overall amount put into the pool. Either way, it doesn't really matter who's president. Obamacare is a law and laws are repealed by the Senate and House, not the President.

    In terms of his corporate taxes, there is no Obama proposal to raise his taxes, he has however proposed cutting corporate taxes back to 28%.




    The company has done well. And now he believes if Obama is re-elected his tax and healthcare costs will go up. I know of the proposal to cut corporate taxes to 28%. But, at the same time many tax breaks will be eliminated. He obviously believes he will be paying more instead of less.

    One of the promises of Obamacare was that healthcare costs and insurance premiums would go down. So, the predictions of premiums going up only 3-9% instead of 3-20% isn't very meaningful. And, there is a lot of debate about whether Obamacare can be repealed or not. It definately will not be if Obama is re-elected.
  10. 0
    Quote from PMFB-RN
    *** It's worth remebering that he had his office in his garage then built his company to 7000 employees when taxes where higher than they are now. His business didn't just spring forth when the Bush tax cuts took effect.
    I won't pretend to know of all the complexities of the economic conditions during the 42 years this man grew his business. But, at this stage he has more options available to him then he once did and he is saying it isn't worth it any longer if the government wants to take more of what he has built and earned.


Top