U.S. restaurants are planning to boost prices 2 percent during the next six months due to the pressures rising beef, cheese, and pork prices. However this is causing major declines in sales due to people being price sensitive and not being able to afford higher meal prices. “If you encourage and kind of seed the notion that you can come in for a couple bucks and get some food, and then you can’t do that anymore, there’s bound to be a reaction,” said John Gordon, an adviser to restaurants and franchisees.
Tag Archives: China
Our iconic, American property Waldorf-Astoria hotel which hosted Royals, Celebrities, and Presidents in New York City was just sold to the Chinese. Angbang Insurance Group, a Chinese insurance conglomerate bought Waldorf-Astoria for $2 billion. This year alone, the hotel hosted 30 different diplomats, heads of state, and presidents. The Chinese didn’t just buy another American company, they bought an American icon.
The American political system no longer operates with the American people in mind. Instead, lobbyists and special interest groups govern America according to their own agendas, not the agenda of the people. In order to see their goals achieved, these lobbyists and special interest groups—some of which represent foreign entities—buy up support from elected officials who have the power to push their agendas through.
After months of being kept in silence, the cat is finally out of the bag. The World Trade Organization has officially ruled against the very popular Country of Origin Labeling (COOL). COOL would have forced beef suppliers to identify where the animal was born, raised, and slaughtered and give the American consumer a choice of whether they want to buy imported beef, or American beef. However, because of Canada and Mexico’s tantrum, the WTO struck down COOL, stating that “It puts Canadian and Mexican beef at an unfair disadvantage.” We are revealed yet again how the World Trade Organization trumps over U.S. legislation that benefits American citizens.
Wake up! Where are our jobs?
They are being shipped overseas along with our wealth. Too many of our dollars spent on foreign manufactured products are spent directly on imports, including much of our capital equipment and strategic items like electronics, computers, transportation equipment, and other machinery.