What you don't seem to understand is that David did get bailed out on many loans. This is because the  banks received billions in money from the government,  So.... YOUR TAXES helped bail out David Siegel get out of debt   DO YOU RESPECT DAVID FOR TAKING TAX PAYER DOLLARS TO HELP BUILD HIS 100 MILLION DOLLAR HOUSE??

It is true..... the banks have the money that they got in the bailout (your tax money) so they can forgive loans for people like David .....who is trying to build a 100 million dollar house for HIMSELF !!

As an ex-employee, I am in awe of what an Empire he built. But, I think his success went to his head and he just got too greedy!  He borrowed, leveraged, used all the loopholes he could muster. He delayed payments to contractors, nickled and dimed business contacts, and charged 18 percent on his timeshare loans.  In in...more

Timeshare works very well for a lot of people.  There can be many issues though with the way they are sold.  But, if you feel that strongly, you probably shouldn't stay in most hotel chains around the world or go to a Disney property since they all sell timeshare.

The flat tax may be a good Idea, but it will never work unless the rich Oligarchs who run the government behind the scenes figure out how it will benefit them and all their chrony friends.

I worked for him for many years and he did great during the Clinton years.

It is insane  how you and Romney who think all 47% of the people who paid no taxes are Democrats.

Ooops.... I accidentally hit thumbs down.  He is part of the .00001 percent and doesn't want to pay more personal taxes.  (Like Liar Romney is really going to close loopholes....LMFAO!

David is my ex-boss.  He got into the biggest financial bind when GW was in office.  He also makes about 18 percent interest off the loans he backs for the timeshare he sells.  He over-expanded, over-spent, over-borrowed to buy many new properties between 2000 and 2006 like many other people.  He has always pushed for ...more