Author Archive

McDonald’s Sales in Decline So Let’s Raise Minimum Wage!

by Mark Home
As you may know, unions are scheming for ways to force fast food franchises to raise their minimum wage. Usually, McDonald’s is treated as the wealthiest of these franchises. Everyone seems to assume they have plenty of money and are only refusing to pay employees more out of spite.

I’ve mentioned before that McDonald’s is not that well off. And the bad news keeps coming. According to CNN: “McDonald’s July sales fell more than expected.”

McDonald’s on Friday reported July sales results that were much worse than analysts had expected.

Following the report, the company’s shares traded lower.

The dismal results prompted Janney Capital Markets to lower its estimates for the fast-food giant. Its analysts said the results “were the worst worldwide month in the last 10 years, once trading-day adjustments are taken into account.”

Same-store sales in the U.S. sank 3.2 percent, weaker than the 2.6 percent expected.

So what happens if McDonald’s goes bankrupt and closes?

Yes, I know that total liquidation is quite unlikely. But I think it is worth considering. As far as I can tell from the rhetoric for a higher minimum wage law, McDonald’s is an exploiter of poor people. The restaurant chain is guilty of paying wages that leave employees in squalor.

Well, if they are such an evil company, then obviously all their employees will be immensely better off if the restaurants are all closed down. Right?


Wait a minute! Are you saying that the sudden disappearance of McDonald’s would be a really bad thing for hundreds of thousands, if not millions, of employees? Are you saying that, if there were no McDonald’s chain, these people would not be able to earn money?

So which is it? Is McDonald’s a blessing to its many employees or is it a curse? Are you willing to admit that they make the lives of many, many people much better off? Or are you going to claim that they should disappear and that everyone would be better off without them?

Something to think about.


Says it all………

The BS Report Link

We Will Always Remember….

[youtube RU1oB8sGyYM]

How many of these George Soros Commandments for Obama in 2011 are now true

George Soros – 15 Commandments for his puppet Barak Obama

Soros’s answer to America’s transformation involve more regulation and more government intervention in the marketplace. Soros pours billions of dollars into the following and commands Obama to perform.

1.) Promoting the view that America is institutionally an oppressive nation

2.) Promoting the election of leftist political candidates throughout the United States

3.) Opposing virtually all post-9/11 national security measures enacted by U.S. government, particularly the Patriot Act

4.) Depicting American military actions as unjust, unwarranted, and immoral

5.) Promoting open borders, mass immigration, and a watering down of current immigration laws

6.) Promoting a dramatic expansion of social welfare programs funded by ever-escalating taxes

7.) Promoting social welfare benefits and amnesty for illegal aliens

8.) Defending suspected anti-American terrorists and their abettors

9.) Financing the recruitment and training of future activist leaders of the political Left

10.) Advocating America’s unilateral disarmament and/or a steep reduction in its military spending

11.) Opposing the death penalty in all circumstances

12.) Promoting socialized medicine in the United States

13.) Promoting the tenets of radical environmentalism, whose ultimate goal, as writer Michael Berliner has explained, is “not clean air and clean water, [but] rather … the demolition of technological/industrial civilization”

14.) Bringing American foreign policy under the control of the United Nations

15.) Promoting racial and ethnic preferences in academia and the business world alike
Financial Crisis

While the rest of the world financial markets were losing billions of dollars, Soros made billions of dollars for which he said, [he’s] “having a very good crisis.” Some people speculate that Soros was responsible for the crisis by removing his large sums of money from institutions and betting against currency valuations.

George Soros Goal for the United States;
Creating a monetary crisis by uncontrolled spending by the Government to devalue the dollar thereby creating an opportunity for Soros to buy cheap dollars and when recovery comes – cashing out with multiple trillions. Leaving the rest of us to pay for the loss.

Republicans Introduce ‘Repeal of ObamaCare Act’

Christopher Santarelli

House Majority Leader Eric Cantor has introduced aBill to Repealthe Patient Protection and Affordable Care Act, a.k.a. ObamaCare, and health care-related provisions in the Health Care and Education Reconciliation Act of 2010. The GOP proposal argues that Americans would like to keep their current health care coverage if they like it, and that under ObamaCare; Medicare is cut by more than one-half trillion dollars over 10 years and taxes increase by over $800 billion dollars, health care costs do not go down, the legislation creates a new entitlement program, as well as several other concerns.

“The path to patient-centered care and lower costs for all Americans must begin with a full repeal of the law,” the bill reads.

The Hill notes that the House is expected to vote on the bill Wednesday, July 11, and the House Rules Committee has set a Monday evening meeting to approve a rule for the bill. The bill is expected to pass in the GOP-controlled House, but die in the Democrat-controlled Senate.

The Supreme Court ruled last week that ObamaCare and it’s controversial “individual mandate” is constitutional under the taxing power


Becket Adams
During an interview on CNN’s “Starting Point With Soledad O’Brien,” Obama campaign spokesman Ben LaBolt claimed that the Obama administration never referred to the Affordable Care Act’s individual mandate as a “tax” when it argued the bill’s constitutionality before the Supreme Court.

“His spokesman … said it’s a penalty. The Supreme Court has said it’s a tax. What does he believe?” O’Brien asked LaBolt.

“That it’s a penalty,” LaBolt responded. “You saw our arguments before the Supreme Court –”

“So then he disagrees with the Supreme Court decision that says it’s now a tax?” O’Brien pressed.

“That’s right,” said LaBolt. “He said that it’s a penalty. You saw our arguments before the Court.”

Yes, we did see the Obama administration’s arguments before the Court. Actually, we’re glad LaBolt brings this up because, if we remember correctly, Solicitor General Don Verrilli argued that they could treat the mandate as a tax, therefore making it constitutional.

“It never referred to it as a — it never referred to it as a tax,” LaBolt said. “It said that it was a penalty. And that’s under the section of the law that is the tax code, but it said very specifically that it’s a penalty.”

Wait — is he serious? Does he not remember any of this:

JUSTICE SOTOMAYOR: General, could you turn to the tax clause?
GENERAL VERRILLI: … Can this be characterized as a tax; and … is it a constitutional exercise of the power?

With respect to the question of characterization, the — this is — in the Internal Revenue Code, it is administered by the IRS, it is paid on your Form 1040 on April 15th, I think –
JUSTICE GINSBURG: But yesterday you told me — you listed a number of penalties that are enforced through the tax code that are not taxes and they are not penalties related to taxes.
GENERAL VERRILLI: They may still be exercise of the tax — exercises of the taxing power, Justice Ginsburg, as — as this is, and I think there isn’t a case in which the Court has, to my mind, suggested anything that bears this many indicia of a tax can’t be considered as an exercise of the taxing power. In fact, it seems to me the License Tax Cases point you in the opposite direction. And beyond that your -­the — it seems to me the right way to think about this question is whether it is capable of being understood as an exercise of the tax.
JUSTICE SCALIA: The President said it wasn’t a tax, didn’t he?
GENERAL VERRILLI: Well, Justice Scalia, what the — two things about that, first, as it seems to me, what matters is what power Congress was exercising. And they were — and I think it’s clear that — that the — the — they were exercising the tax power as well as –
JUSTICE SCALIA: You’re making two arguments. Number one, it’s a tax; and number two, even if it isn’t a tax, it’s within the taxing power. I’m just addressing the first.
GENERAL VERRILLI: If the President said –
JUSTICE SCALIA: Is it a tax or not a tax? The President didn’t think it was.
GENERAL VERRILLI: The President said it wasn’t a tax increase because it ought to be understood as an incentive to get people to have insurance.
Does LaBolt remember this?

Did he forget about this?

JUSTICE ALITO: Can the — can the mandate be viewed as tax if it does impose a requirement on people who are not subject to the penalty or the tax?
GENERAL VERRILLI: I think it could, for the reasons I — I discussed yesterday. I don’t think it can or should be read that way.
JUSTICE SCALIA: You’re saying that all the discussion we had earlier about how this is one big uniform scheme and the Commerce Clause blah, blah, blah, it really doesn’t matter. This is a tax and the Federal Government could simply have said, without all of the rest of this legislation, could simply have said everybody who doesn’t buy health insurance at a certain age will be taxed so much money, right?
GENERAL VERRILLI: It — it used its powers together to solve the problem of the market not –
JUSTICE SCALIA: Yes, but you didn’t need that.
GENERAL VERRILLI: — providing for the –
JUSTICE SCALIA: You didn’t need that. If it’s a tax, it’s only — raising money is enough.
GENERAL VERRILLI: It’s justifiable under its tax power.
JUSTICE SCALIA: Extraordinary.
And does he not remember this?

Needless to say, it doesn’t look like anyone is about to let LaBolt off the hook for his, um, “selective memory”: