Agreed. Also the part about the employees punching in physically at 9 and mentally at noon. No intelligent employer would insult his employees and destroy morale like that and continue to have a successful business. But the overall message itself is pretty good.
The company I work for (18 years now) DID send out a letter very similar to this one. Was I shocked? Nope..... they take every opportunity to swipe at morale; to make employees feel obligated to them. Wealthy peeps seem to think they must control the minions (i.e. our esteemed and crappy govt).
The latest, after the letter at work, was that we should all be thankful we have jobs period and no pay raises.(which is true, but being talked to like a child is annoying). While I understand the frustration of biz owners that scratched up from the bottom, what is most overlooked is another group of biz owners....those that grew up wealthy & still have this same mindset. It is bizarre.