‘Consumers Are Weary’: McDonald’s
Shares Tumble After Executives Acknowledge
Price Inflation
Posted By: Imright, 2/7/2024 8:26:36 PM
McDonald’s executives have finally acknowledged that their $18 Big Mac meals and other inflated prices are putting off lower-income customers. “We certainly know consumers are more wary or weary of pricing,” Chief Financial Officer Ian Borden told investors during a Monday earnings call. The transcript of the conversation, which Business Insider obtained, also revealed that CEO Chris Kempczinski said that McDonald’s customers — especially those making less money — are placing smaller orders than in previous years.During an October earnings call, company executives told investors that the price increases “largely hadn’t put customers off,”
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As The Gateway Pundit reported earlier this week, former Fox News host Tucker Carlson was spotted in Moscow, amidst swirling speculation that he was in Russia to interview President Vladimir Putin. Later, Tucker himself has confirmed the interview is happening and is explaining why he decided to go forward.
Tucker acknowledged the risks of meeting with such a high-profile leader. But he listed a few reasons why he decided to carry forward.
Tucker revealed the first purpose for conducting the interview is because it is the sworn duty of the press to inform the public.
The Hur report dropped like a bomb on Thursday, and it may have just done in Biden's 2024 re-election campaign.
When the news came earlier in the week that the Biden team was worried about the report, you had to know it would be bad--and it is. It's worse than I expected in some of its details. By the way, was the Biden team given a tip-off on what was going to be in the report ahead of time? Because it sure sounds like it, based on that report. The reactions to it are ripping up the internet, particularly the comments in the report that deal with
Former President Donald Trump keeps racking up the primary wins in his 2024 bid to return to the White House. He notched yet another one Thursday evening as he was declared the winner of the Virgin Islands primary, adding nine delegates to his collection. Trump won a resounding share of the vote in the contest, winning 74 percent of the vote to former South Carolina Governor Nikki Haley's 26 percent. VI was the first Republican primary to employ Ranked Choice Voting. A full report and analysis of the results can be found here. (FairVote bills itself as "a nonpartisan organization seeking better elections for all.
President Joe Biden angrily addressed the nation on Thursday night telling Americans 'I know what the hell I am doing!' and insisting that 'my memory is fine.'
However, moments later he committed another startling gaffe, referring to the Egyptian leader as the President of Mexico.
Biden's furious tirade from the White House came after a report into his handling of classified documents was released by the Justice Department. The 388-page report by Special Counsel Robert Hur confirmed he would not be charged for keeping classified documents in his garage.
But it said that was because a jury would probably conclude he had 'diminished faculties'
Angry Joe Biden Attacks Special Counsel
in Evening White House Rant: ‘How the
Hell Dare He!’ 0 replies
in Evening White House Rant: ‘How the
Hell Dare He!’ 0 replies
President Joe Biden angrily attacked Special Counsel Robert Hur during his press conference on Thursday for mentioning in a recent report that the president had trouble remembering when his son Beau died. (Video) As Breitbart News reported, Robert Hur said in his report that the president has suffered from cognitive decline, which has affected his memory. Hur even used this as a basis to recommend that he not be prosecuted for “willfully” retaining classified documents. Per the report:
The report says the investigation “uncovered evidence that President Biden willfully retained and disclosed classified materials after
America last!
The U.S. Senate has cast a contentious vote, advancing a massive $95 billion foreign aid package that supports Ukraine, Israel, Gaza, and Taiwan, but notably omits any provisions for bolstering U.S. border infrastructure.
In a 67-32 cloture vote, the Senate crossed party lines, with several RINO senators joining Democrats to move the foreign aid bill forward.
Republicans who joined Democrats in voting in favor include: Lisa Murkowski (R-AK)
Mitch McConnell (R-KY)
Bill Cassidy (R-LA)
Roger Wicker (R-MS)
Todd Young (R-IN)
Susan Collins (R-ME)
Shelley Moore Capito (R-WV)
John Kennedy (R-LA)
John Thune (R-SD)
Dan Sullivan (R-AK)
Mitt Romney (R-UT)
Joni Ernst (R-IA)
Mike Rounds (R-SD) Thom Tillis (R-NC)
John Cornyn (R-TX)
Chuck Grassley (R-IA)
Jerry Moran (R-KS)
Senator John Kennedy (R-LA) has a genteel way when he starts questioning people.
He welcomes them, thanks them for coming, praises some aspect of what they've done. Then he proceeds to just rip them to shreds. In a nice way. It's always enjoyable to watch.
He did it again when he was questioning Treasury Secretary Janet Yellen about Bidenomics on Thursday.
This is pretty good. (X Video) "You're a good sport to go out every day and try to defend Bidenomics. It's like trying to defend a fungal infection. Bidenomics is really just paying more to live worse, isn't it?" Kennedy quipped.
The Department of Justice called President Joe Biden an 'elderly man' with 'significant' memory issues in their damning report of his mishandling of classified documents.
The findings released by Special Counsel Robert Hur revealed a tranche of new photos showing boxes of sensitive files scattered around the garage of his Delaware home and interviews saying he had 'diminished faculties' back in 2017.
They included folders on the troop surge in Afghanistan that were dumped next to a dog bed and dog crate.
White House Press Secretary Karine Jean-Pierre adopted the 'everybody does it defense' as she was asked to explain President Biden's latest gaffe of mixing up world leaders during a speech.
Jean-Pierre got pressed repeatedly on the latest flub, since this one involved name-dropping a long-deceased world leader for the second time within days while retelling a story dating to 2021.
'As it relates to the names and what he was trying to say, many people, elected officials – many people they can misspeak sometimes,' she said.
Senior officials in the Biden administration are being deployed “to Michigan on Thursday to meet with Arab-American and Muslim leaders” in the swing state as the war between Israel and the terrorist organization Hamas continues to splinter the left, according to the Associated Press.
The visit also comes as President Joe Biden is vulnerable in the Wolverine State and trails former President Donald Trump in several Michigan polls published in recent months.
The Associated Press was the first to report on Thursday’s impending meeting, citing three sources familiar with the plans. At the gathering, Biden aides will be met with a hard push by some to call for a cease-fire
Sports radio host Stephen A. Smith had a full-fledged MAGA meltdown warning that former President Trump was going to get reelected because of Biden’s policies and there would be a civil war if it happened.
“I see homeless folks in the streets of New York all the time that are American citizens. I damn sure see them in California. We’ve got poor, impoverished, starving people who were born and raised in this nation. How in the hell do we come up with a 52… 53 million-dollar pilot program for illegals but folks who are here legally, or born here, we don’t have enough for them?” Smith began in his radio segment.
The office of Majority Leader Steve Scalise (R-LA) announced on Thursday that the lawmaker’s battle against blood cancer is going well and he plans to return to Capitol Hill next week, potentially giving House Republicans the key vote they need to impeach Homeland Security Secretary Alejandro Mayorkas in a second try.
Scalise has been out of Washington and working remotely for several weeks to undergo a stem cell transplant and then recover from the treatment. His absence has effectively made a slim GOP majority in the House even narrower. But even with Scalise expected to make a comeback, the margin is poised to change again with a special election
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The IRS said it is poised to reap hundreds of billions of dollars of additional tax revenue by going after overdue and unpaid taxes, far beyond what was previously anticipated, thanks to funding from the Inflation Reduction Act (IRA).
The new analysis, released Tuesday by the Treasury Department and the IRS, estimates that tax revenues are expected to rise by as much as $561 billion from 2024 to 2034, thanks to stepped-up enforcement made possible with money from the Democrats' IRA, which became law in August 2022.
Nikki Haley Claims Trump 'Rigged' Nevada's
Primaries After Suffering a Humiliating Defeat 36 replies
Primaries After Suffering a Humiliating Defeat 36 replies
Former South Carolina Gov. Nikki Haley, after suffering a humiliating loss in the Nevada primaries, complained that former President Donald Trump “rigged” the race to prevent her from making a decent showing.
Haley’s comments come weeks before the much-anticipated South Carolina primaries. Given that this is her home state, it will be a critical race that could decide the future of her candidacy.
During an interview, a reporter asked if her loss in Nevada would hurt her campaign. Haley responded, claiming that the race was a “scam” and explained why her campaign did not direct any spending in the state.
Donald Trump called for a cease-fire in the culture war over Bud Light’s transgender fiasco – a move that provoked critics to claim he was getting “bought out” by mega-brewer Anheuser-Busch.
The former president took to his social media platform Truth Social on Tuesday and declared that Anheuser-Busch was “not a woke company” and that it had already paid a “very big price” for Bud Light’s ad campaign featuring transgender social media influencer Dylan Mulvaney. Trump added that it was time to move on from outrage over the ads, which he called “a mistake of epic proportions.”
The former president noted that Anheuser-Busch “spends $700 million a year with our great
Are We on The Doorstep of Another Civil War?
29 replies
Before I get into my analysis, I want to make it clear I believe that anyone who wants a civil war to happen in the U.S. is dangerously naïve, insane, or working for one of America’s enemies. Imagine a Russia-Ukraine-type conflict in the U.S.
Thanks to Hollywood, most Americans believe that rebellions can be started and won by small ragtag groups of patriots, freedom fighters, insurrectionists, or everyday common folk. All you need are pistols, assault weapons, bows and arrows, and maybe a few Molotov cocktails. Blow up the Death Star, and the problem is solved.
But that is not how it usually works. Revolutions require armaments, soldiers,
Ronna McDaniel, chairwoman for the Republican National Committee (RNC), has reportedly told former President Donald Trump that she will step down from her position following the South Carolina primary later this month.
Should Ronna McDaniel follow through on her alleged pledge to leave, the former president will then reportedly promote the chairman of the North Carolina Republican Party, Michael Whatley, as her replacement, according to several sources who spoke with the New York Times. A new election will take place within the committee.
The sources said that Trump prefers Whatley due to the two reportedly aligning with each other on views about the 2020 election being allegedly “stolen.”
Controversial talk show host Tucker Carlson could be subjected to sanctions from the European Union due to his activities in Russia, a new report says.
Russian President Vladimir Putin has been interviewed by Carlson, the Kremlin confirmed Wednesday. It is Putin's first interview to a Western journalist since the full-scale invasion of Ukraine two years ago. Carlson released a video from Moscow on Tuesday in which he said he would be interviewing Putin, less than 24 hours later, the Kremlin confirmed the sit-down took place. Former Belgian Prime Minister and current member of the European Union Parliament Guy Verhofstadt told Newsweek as the Russian president is considered a 'war criminal'
We've written before about the slow but steady erosion of support from black and Hispanic voters for the Democratic Party, something that became very pronounced during Donald Trump's presidency as he and the RNC courted core left-wing voting blocs by explaining they had a lot more in common with the GOP than they did Democrats. Since Trump left office, the decline in alliances among these same voters for Democrats has continued, but the most recent numbers from Gallup on this front suggest that Dems aren't looking at just a trickling loss of support but a flood as fed-up black and Hispanic Americans are saying "adios" to Democrats in droves:
More than 150 Chinese nationals have snuck into the US illegally every single day since October, according to startling new CBP statistics.
Among the record numbers of migrants flooding the southern border, Chinese illegal immigrants made up the fastest-growing faction of border crossers last year.
The 2023 fiscal year reportedly saw over 37,000 Chinese migrants encountered at the border - with a staggering 20,000 more since October, when the 2024 fiscal year began. The surge forms part of an uncontrollable wave of migrant crossings that has stretched border resources thin. U.S. Customs and Border Protection has tracked over 1 million migrant encounters since fiscal year 2024 began,
Climate czar John Kerry is leaving his job with the Biden administration, as we reported.
He’s exiting that job to work for Joe Biden’s reelection campaign. But hopefully, they will both get tossed out of their “jobs” with the vote in November. But there's news that's not good for Kerry, and I wonder if it may have anything to do with him heading for the exits.
The House Oversight Committee has launched an investigation into Special Envoy for Climate Kerry for frequently meeting with climate and environmental activists. Comer demanded unreacted documents and communication related to Kerry's "collusion with leftist environmental groups," as well as information about Kerry's secretive office
Guilty: Disgraced Ex-Baltimore District
Attorney Marilyn Mosby Convicted of Mortgage Fraud 26 replies
Attorney Marilyn Mosby Convicted of Mortgage Fraud 26 replies
Disgraced former Baltimore District Attorney Marilyn Mosby sobbed in court Tuesday as she was convicted of mortgage fraud — a verdict that could carry decades in prison.
The Democrat served in office from 2015 until she lost her 2022 reelection bid after being indicted on perjury and mortgage fraud charges related to the withdrawal of funds from the city’s Deferred Compensation Plan. (snip)
Mosby, 44, was indicted on both the perjury and mortgage fraud charges in January 2022, and was found guilty of the perjury in November 2023.
The White House is bracing for the special counsel's report on Joe Biden's mishandling of classified documents, fearing it could contain details and photos that would embarrass the president.
The report by special counsel Robert Hur will be made public in the coming days after a year-long investigation. Biden will not face criminal charges, the Washington Post reported.
However, it's unclear to what extent the report will criticize the president and his aides regarding their handling of classified material that was found in the Penn Biden Center in Washington, D.C. and in his garage at his Wilmington, Del., home.
President Joe Biden on Wednesday twice referred to the late German chancellor Helmut Kohl instead of former Chancellor Angela Merkel while detailing a 2021 conversation at campaign events.
It was the second time this week that Biden had recalled speaking with a European leader who had died years earlier.
Biden's gaffes Wednesday came at a series of fundraisers in New York as he described conversations he said he had with European leaders at a meeting of the Group of Seven industrialized nations in the U.K. in 2021, months after the Jan. 6 riot.
Biden said at both events that "Helmut Kohl," who died in 2017, had asked him how he