CEO threatens to fire his employees if Obama wins

[Vin Lombardi]

He also doesn't understand what market costs are. Costs that apply to all of your competitors are simply transferred to the purchaser. This used to be something that Vin would point out when he would talk about corporate taxes.

Except they don't. Even if you live in suburbia, there are many local / small business restaurants competing with them who will not have the price increase from Obamacare.

[tyke1doe]

The man is a billionaire and has more money than he can spend in a life time, and he's complaining about being overtaxed.

I noticed he's built his wealth on high-pressure sales tactics to get vacationers who can't afford it to buy those scam time share programs.

Makes me glad I eat up all their food, get nice tickets to Disney World, Sea World, The Grand Ole Opry, etc. and then leave them sad because I always say, "No, no, no, I don't want to buy a time share. Now give me my free tickets."

[flyerhawk]

Except they don't. Even if you live in suburbia, there are many local / small business restaurants competing with them who will not have the price increase from Obamacare.

Well that isn't really true as Obamacare requires all businesses to provide health care options to their employees.

And, FTR, health care costs go up every year so the assumption because we will see a 4.3% increase in health care costs means it's because of Obamacare is a pretty massive assumption.

Oh and your assumption that a 4.3% increase in health would take anything close to that sort of chunk out of their profit margin is absurd. It's a 4.3% increase on their health care spending, not their overall outlays.

[ducky]

Darden, the restaurant chain, that Vin is talking about is a notorious in the industry for screwing its employees so I am not shocked that it would oppose extending health care benefits to its employees.

...its why when you go to one of those restaurants that you will rarely ever see a competent server over the age of 18.

...also boo fricken hoo on their profits. Their company makes about $500 million a year. They are going to be just fine Obamacare or not. They pay most of the people who work in their restaurants south of minimum wage...they can afford to offer their employees a bare bones catastrophic health insurance policy.

[kenneth2k1]

Does this count as voter intimidation? Threatening to fire people if they don't vote a certain way?

I'm no lawyer, but it sure looks like it to me:

http://www.justice.gov/opa/pr/2010/O...-opa-1211.html

The Criminal Division’s Public Integrity Section and the Department’s 94 U.S. Attorneys’ Offices are responsible for enforcing the federal criminal laws that prohibit various forms of election fraud, such as vote buying, multiple voting, submission of fraudulent ballots or registrations, destruction of ballots or registrations, voter intimidation, alteration of votes and malfeasance by election officials, as well as federal civil law prohibiting voter intimidation that does not involve discrimination or intimidation on grounds of race or color.

[ForWhoForWhat?]

It's a bull**** claim anyway, because profits and not revenues are taxed. Whatever his personal tax rate or the corporate tax rate affecting the company, it won't affect operating costs.

GOP talking points claim otherwise. Afterall we haven't had a single small business start up since W left because of the uncertainty that Obama will raise personal income tax.

[Grimjack]

These are the guys that Vin is defending..

I just can't help but think about Cloris Leachman. In her roll in History of the World Part 1

Death to King Louieeeeeeeeeeeeee

[Vin Lombardi]

Well that isn't really true as Obamacare requires all businesses to provide health care options to their employees.

Businesses over 50 full-time employees.

[flyerhawk]

Businesses over 50 full-time employees.

My mistake on that. However it is a bit more complicated than that.

[TheCardiak]

I've already let my staff know if Obamacare forces my hand on paying for health insurance costs that their pay will be lowered to match my unwanted and forced contribution. I'm just barely over 50 employees and I could easily get under that number if I took a fraction of our employees off of full time employment and cut their hours but I don't see that as a real viable choice as it limits my ability to grow and train properly. The only other option would be to split the corporation on paper making... well more paperwork and headaches so I don't really want to go that route so pay-cuts it is. If I wanted to add health insurance as a benefit I would of, and I'll be damned if some welfare president is going to dictate how I compensate my employees.

[Wounded Bear]

And yet if you are forced to provide healthcare insurance for your employees, it looks like the "Welfare President" will indeed dictate how you compensate your employees.


But thanks for your talking points, Fox News.

[KickSave]

Went looking to see if this douche had laid off his people yet, and only found this:


http://www.huffingtonpost.com/2012/1...elections-2012

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.”

[PopeyeJones]

"Laying everyone off if Obama wins" is kinda the Republican equivalent of "Moving to Canada if Kerry loses", it seems.