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Papa John’s Blames Obamacare for Pizza Price Increase

Aug 8, 2012, 5:24 pm EDT
Papa John’s Blames Obamacare for Pizza Price Increase

Popular pizza chain Papa John’s (NASDAQ:PZZA) plans to raise its prices, and its founder and CEO is blaming Obamacare for the increase.

John Schnatter, who openly supports Mitt Romney, said during a recent shareholders call that when Obamacare goes into effect in 2014, the chain will be hit with higher costs, Politico reports. The CEO estimates that Obamacare will cost 11 to 14 cents per pizza.

“We’re not supportive of Obamacare, like most businesses in our industry. But our business model and unit economics are about as ideal as you can get for a food company to absorb Obamacare,” Schnatter said. Read 

Obama, Romney Target Women, Working Class

Aug 8, 2012, 2:43 pm EDT

With Mitt Romney and Barack Obama out campaigning in crucial swing states like Iowa and Colorado, both candidates aiming their messages at the same group of voters: women and the working class.

In Iowa, Romney has been hammering on Obama on welfare, claiming the president is working around welfare reforms passed by President Bill Clinton in 1996 by offering waivers to states. Attacking Obama on health care appears to be an attempt to appeal to blue-collar workers in the state.

Iowa is a tricky state for both candidates to navigate. Obama managed to carry the state in 2008, but that was with a 105,000-voter registration advantage. Since then, that advantage has turned towards the Republicans, who have a 21,589 voter advantage. Romney, however, had his initial win in the Iowa caucuses given to Rick Santorum, although he did eventually win the Republican presidential nomination. Read 

Pandora Asks Users to Share Their E-Mail With Mitt Romney

Aug 8, 2012, 12:46 pm EDT
Pandora Asks Users to Share Their E-Mail With Mitt Romney

The next time you tune into Pandora (NYSE:P) to listen to your favorite artists, you might find something new sandwiched in between songs — advertisements asking you to give your e-mail address to Mitt Romney.

It’s the latest salvo in the political advertising wars, and it has ruffled some Pandora users’ feathers. In an interview with ProPublica, Pandora listener Crystal Harris expressed her annoyance with seeing a Romney ad after listening to a Garth Brooks song. “Don’t harass me on my email. Don’t stalk me on the apps that I use. To me, that just crossed the line.”

This isn’t the first time Pandora has run ads on its service asking users to submit e-mail addresses to an advertiser, but this year is the first time Pandora has allowed political advertisers to run these sorts of ads. A company spokesperson said that Romney was not the only politician or political group running such ads. Both the Democrats and Republicans had run similar ads, and campaigns on national and local levels had bought this sort of advertising. Read 

Romney’s VP Pick: Latest Clues

Aug 7, 2012, 1:41 pm EDT
Romney’s VP Pick: Latest Clues

With rumors circulating that Mitt Romney will select his vice presidential nominee by the end of this week, and with the Republican National Convention naming several headline speakers recently, the VP race is heating up. Who really has a shot at the nomination, though, and whose hopes are false?

Washington Post blogger Jennifer Rubin has pointed to a pair of vice presidential candidates whose chances are better than most to get the nod: Gov. Bob McDonnell, R-Va. and Rep. Paul Ryan, R-Wis.

Some see McDonnell as a surprising pick, given he has less name recognition compared to candidates like Sen. Marco Rubio, Louisiana Gov. Bobby Jindal, or former Minnesota Gov. Tom Pawlenty, among others. However, McDonnell has several advantages other candidates don’t have. He’s refused to raise taxes while serving as Virginia’s governor, balanced the state’s budget anyways, made the state more business-friendly, and enacted government reforms. Read 

Pelosi Calls Republicans the ‘E.Coli Club’

Aug 7, 2012, 11:22 am EDT

House Minority Leader Nancy Pelosi had some harsh words for Republicans yesterday. She said that the GOP, in its attempts to cut government spending, was becoming “the E. Coli Club.”

Pelosi made the remarks after an appearance at a Boca Raton, Fla. retirement community. Her visit was in support of congressional candidate Lois Frankel, as well as an attempt to show Democrats are the biggest supporters of Medicare and Social Security.

In attacking Mitt Romney’s and House Republicans’ plans to shift Medicare from its current fee-for-service model to one where future retirees buy insurance with subsidies, Pelosi eventually broadened her attack. She said that attempts to trim government were misguided, but federal oversight of water, health, and food were important. Read 

Romney Lands Second $100M Month

Aug 6, 2012, 2:35 pm EDT
Romney Lands Second $100M Month

Republican presidential nominee Mitt Romney continues to outpace President Barack Obama in fundraising, raising over $100 million for the second straight month in July.

Romney’s campaign, the Republican National Committee, and a committee comprised of several state-level Republican party organizations raised $101.3 million in July, just short of the record $106.1 million raised in June. They ended July with $185.9 million cash in hand, up from the $160 million war chest they had at the end of June.

For the third straight month, Obama was beaten in fundraising by Romney. In July, his campaign brought in $75 million, a $4 million improvement over June but not enough to catch up to Romney. Read 

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