Why Not Just Put Up A Sign That Says “Come Rob Me”?

Jack In The Box Robbed At Gun Point Again. 3rd Time Since Guns Were “Banned” From Store – Guns ‘N Freedom

You have to wonder if the CEO of Jack in the Box is kicking himself after making the decision to request all gun owners to leave their guns at home. It was not even 2 weeks ago that Jack in the Box essentially banned guns from their fast food joints, and now the third armed robbery has taken place since then.

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According to Click2Houston, 4 men put on gloves and masks before walking into a Houston Jack in the Box, robbing the restaurant at gunpoint. The armed crooks robbed both employees and customers who were eating at the fast food place.

Who would have thought that criminals would break the restaurant’s policy? But at least they did not have any law abiding gun owners to try and stop them and make their job more dangerous. These gun owners would have to either leave their guns at home or eat somewhere else.

For this to happen for the 3rd time in about 10 days has to make one wonder if armed criminals are just targeting Jack in the Box since they know law abiding citizens will not be armed there. You can read about the 1st armed robbery at Jack in the Box that we reported here.

The whole gun-ban fiasco at Jack in the Box started with some gun owners who were open carrying at another Jack in the Box a few weeks ago. Anti-gun groups saw the pictures and were so outraged by it that they fabricated all kinds of lies about employees cowering in fear in locked coolers.

Because of pressure from Bloomberg’s Moms Demand Action and Everytown for Gun Safety, Jack in the Box decided to ask gun owners to disarm themselves.

This story comes after Chipotle has just asked gun owners to disarm themselves at their restaurants as well.

Click HERE For Rest Of Story

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NC Restaurant With “No Weapons” Sign Robbed At Gunpoint – Townhall

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North Carolina restaurant The Pit was robbed at gunpoint on Sunday. Normally, local crime stories like this wouldn’t merit a Townhall post, but this one is different: The Pit has a “no weapons” sign displayed prominently on its door declaring the restaurant a gun-free zone, and bans patrons from carrying concealed weapons.

Authorities said just before 9 p.m. Sunday, three men wearing hoodies entered the restaurant through the back doors with pistols, and forced several staff members to lie on the floor.

The bandits assaulted two employees during the crime, but they were not seriously injured.

What groups like Everytown for Gun Safety or Moms Demand Action for Gun Sense in America seem to have an issue grasping is that criminals have no respect for the law by nature of being criminals. Criminals aren’t going to be stopped by a “no guns allowed” sign. If somebody is going to rob or shoot up a Chipotle, for instance, they’re not going to care that they cannot (or have been politely asked not to) bring a gun onto the premises. Criminals are not going to submit to background checks. They’ll use straw purchases or just buy a gun from an illegal source. All these policies and laws do is make it harder for legal gun owners to protect themselves.

While I am thankful nobody was hurt, this certainly harms the narrative that “gun free” places are safe places.

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New Jersey CEO Warns State Assembly “We Will Not Comply” With Proposed Gun Control Law (Video)

New Jersey CEO Takes A Stand Over Proposed Gun Control Bill, Warns Lawmakers ‘We Will Not Comply’ Just Like Connecticut – The Blaze

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A New Jersey man warned a State Assembly committee last week that he and other gun owners in the state “will not comply” with a proposed gun control bill to further limit magazine capacity.

During the March 13 hearing, Anthony P. Colandro told lawmakers that the proposed bill would turn law-abiding gun owners into criminals overnight. Colandro is the CEO of Gun for Hire, a firearm training center in New Jersey, and expressed concern regarding what the law could do to his business.

“I own, personally, approximately $30,000 of guns, contrary to what Cease Fire New Jersey Says, that they do not make 10-round magazines for,” he explained. “I also have in my possession at my range over $20,000 of magazines that hold more than 10 rounds.”

He then asked the chairman of the committee who exactly would be compensating him if the items suddenly become illegal.

“Have you guys seen what is happening in Connecticut right now?” he continued. “One million gun owners in New Jersey are also gonna say, like our brothers and sisters in the north, that we will not comply. And I can tell you here and now, I will not comply.”

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The bill currently under consideration, known as A2006, bans all magazines that hold more than 10 rounds. The proposed law exempts firearms with .22 caliber tubular magazines.

After more than three hours of testimony last Thursday, the Assembly Law and Public Safety Committee voted 5-3 to advance the bill. The bill then cleared Democratic-controlled Assembly on Thursday with a 46-31 margin. A version of the proposed law has been introduced in the state Senate but has yet to come up in a committee for a vote.

As TheBlaze reported last week, Shyanne Roberts, a 9-year-old competitive shooter, also appeared before the New Jersey Law and Public Safety Committee last week speak against the proposed law.

“I have worked and trained very hard to get to the level I am at and if A2006 becomes law, I will be forced to choose between giving up on a very great and promising future in a sport that I love or asking my dad to move to another state,” she said. “I will not be giving up my sport.”

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CEO Who Championed Tax Hikes On “The Rich” Gives Himself Special Dividend To Avoid Higher Tax Rate

Costco’s Dividend Tax Epiphany – Wall Street Journal

When President Obama needed a business executive to come to his campaign defense, Jim Sinegal was there. The Costco co-founder, director and former CEO even made a prime-time speech at the Democratic Party convention in Charlotte. So what a surprise this week to see that Mr. Sinegal and the rest of the Costco board voted to give themselves a special dividend to avoid Mr. Obama’s looming tax increase. Is this what the President means by “tax fairness”?

Specifically, the giant retailer announced Wednesday that the company will pay a special dividend of $7 a share this month. That’s a $3 billion Christmas gift for shareholders that will let them be taxed at the current dividend rate of 15%, rather than next year’s rate of up to 43.4%—an increase to 39.6% as the Bush-era rates expire plus another 3.8% from the new ObamaCare surcharge.

More striking is that Costco also announced that it will borrow $3.5 billion to finance the special payout. Dividends are typically paid out of earnings, either current or accumulated. But so eager are the Costco executives to get out ahead of the tax man that they’re taking on debt to do so.

Shareholders were happy as they bid up shares by more than 5% in two days. But the rating agencies were less thrilled, as Fitch downgraded Costco’s credit to A+ from AA-. Standard & Poor’s had been watching the company for a potential upgrade but pulled the watch on the borrowing news.

We think companies can do what they want with their cash, but it’s certainly rare to see a public corporation weaken its balance sheet not for investment in the future but to make a one-time equity payout. It’s a good illustration of the way that Federal Reserve Chairman Ben Bernanke’s near-zero interest rates are combining with federal tax policy to distort business decisions.

One of the biggest dividend winners will be none other than Mr. Sinegal, who owns about two million shares, while his wife owns another 84,669. At $7 a share, the former CEO will take home roughly $14 million. At a 15% tax rate he’ll get to keep nearly $12 million of that windfall, while at next year’s rate of 43.4% he’d take home only about $8 million. That’s a lot of extra cannoli.

This isn’t exactly the tone of, er, shared sacrifice that Mr. Sinegal struck on stage in Charlotte. He described Mr. Obama as “a President making an economy built to last,” adding that “for companies like Costco to invest, grow, hire and flourish, the conditions have to be right. That requires something from all of us.” But apparently $4 million less from Mr. Sinegal.

By the way, the Costco board also includes at least two other prominent tub-thumpers for higher taxes – William Gates Sr. and Charles Munger. Mr. Gates, the father of Microsoft’s Bill Gates, has campaigned against repealing the death tax and led the fight to impose an income tax via referendum in Washington state in 2010. It lost. Mr. Munger is Warren Buffett’s longtime Sancho Panza at Berkshire Hathaway and has spoken approvingly of a value-added tax that would stick it to the middle class.

Costco’s chief financial officer, Richard Galanti, confirms that every member of the board is also a shareholder. Based on the most recent publicly available data, they own more than 4.1 million shares and more than 1.3 million options to purchase additional shares. At $7 a share, the dividend will distribute roughly $29 million to the board, including Mr. Sinegal’s $14 million – at a collective tax saving of about $8 million. Even more cannoli.

We emailed Mr. Sinegal for comment but didn’t hear back. Mr. Galanti explained that while looming tax hikes are a factor in the December borrowing and payout, so are current low interest rates. Mr. Galanti adds that the company will still have a strong balance sheet and is increasing its capital expenditures and store openings this year.

As it happens, one of those new stores opened Thursday in Washington, D.C., and no less a political star than Joe Biden stopped by to join Mr. Sinegal and pose for photos as he did some Christmas shopping. It’s nice to have friends in high places. We don’t know if Mr. Biden is a Costco shareholder, but if he wants to get in on the special dividend there’s still time before his confiscatory tax policy hits. The dividend is payable on December 18 to holders of record on December 10.

To sum up: Here we have people at the very top of the top 1% who preach about tax fairness voting to write themselves a huge dividend check to avoid the Obama tax increase they claim it is a public service to impose on middle-class Americans who work for 30 years and finally make $250,000 for a brief window in time.

If they had any shame, they’d send their entire windfall to the Treasury.

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Reckless Union Strike Forces Twinkies Maker Hostess Out Of Businesss, 18,500 Jobs Lost

Twinkies Maker Hostess Going Out Of Busines, CEO Blames Union Strike – KXAS

Hostess, the makers of Twinkies, Ding Dongs and Wonder Bread, is going out of business after striking workers failed to heed a Thursday deadline to return to work, the company said.

“We deeply regret the necessity of today’s decision, but we do not have the financial resources to weather an extended nationwide strike,” Hostess CEO Gregory F. Rayburn said in announcing that the firm had filed a motion with the U.S. Bankruptcy Court to shutter its business. “Hostess Brands will move promptly to lay off most of its 18,500-member workforce and focus on selling its assets to the highest bidders.”

Hostess Brands Inc. had earlier warned employees that it would file to unwind its business and sell off assets if plant operations didn’t return to normal levels by 5 p.m. Thursday. In announcing its decision, Hostess said its wind down would mean the closure of 33 bakeries, 565 distribution centers, approximately 5,500 delivery routes and 570 bakery outlet stores in the United States.

Hostess suspended bakery operations at all its factories and said its stores will remain open for several days to sell already-baked products.

The Irving, Texas-based company had already reached a contract agreement with its largest union, the International Brotherhood of Teamsters. But thousands of members in its second-biggest union went on strike late last week after rejecting in September a contract offer that cut wages and benefits. Officials for the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union say the company stopped contributing to workers’ pensions last year.

NBC’s Savannah Guthrie read a statement on “Today” from the bakers’ union that said: “Despite Greg Rayburn’s insulting and disingenuous statements of the last several months, the truth is that Hostess workers and the union have absolutely no responsibility for the failure of this company. That responsibility rests squarely on the shoulders of the company’s decision makers.”

Rayburn responded that he had been “pretty straightforward in all the town hall meetings I’ve done at our plants to say that in this situation I think there is blame that goes around for everyone.”

He denied that the decision to shut down could be a last ditch negotiation tactic to get the union back to the table.

“It’s over,” he said. “This is it.”

Rayburn, who first joined Hostess earlier this year as a restructuring expert, had earlier said that many workers crossed picket lines this week to go back to work despite warnings by union leadership that they’d be fined.

“The problem is we don’t have enough crossing those lines to maintain normal production,” Rayburn told Fox Business.

Hostess said that production at about a dozen of the company’s 33 plants had been seriously affected by the strike. Three plants were closed earlier this week.

The privately held company filed for Chapter 11 protection in January, its second trip through bankruptcy court in less than a decade. The company cited increasing pension and medical costs for employees as one of the drivers behind its latest filing. Hostess had argued that workers must make concessions for it to exit bankruptcy and improve its financial position.

The company, founded in 1930, was fighting battles beyond labor costs, however. Competition is increasing in the snack space and Americans are increasingly conscious about healthy eating. Hostess also makes Dolly Madison, Drake’s and Nature’s Pride snacks.

If the motion is granted, Hostess would begin closing operations as early as Tuesday.

“Most employees who lose their jobs should be eligible for government-provided unemployment benefits,” Hostess said.

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AFL-CIO Chief Richard Trumka Blames Bain Capital For Hostess Going Out Of Business After Union Workers Bleed Company Dry – Weasel Zippers

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*VIDEO* Black Chamber Of Commerce CEO Blasts “Marxist,” “Brownshirt” Obama