The real problem with guys like the CEO of Papa John's is they bought their politician and he lost. To save face you have to blame President Obama somehow. As a side note I've heard a few people aren't too thrilled with Karl Rove these days. Spend all that money to buy a country and then lose? I also find it ironic that he may be cutting hours when the commercials are running with Peyton Manning about how many pizzas they'll be giving away. Gonna need some workers for that and if you're giving pizzas away I guess they're not that damn good. Living in "pizza country" I can verify that. The pizza isn't worth paying for.
According to Anthem Blue Cross the cost of Obamacare is also going to be adversely affected by rampant fraud.
My brother just recently got back up to a 4 day work week and there is already talk of going back down to 3 again.* Makes for a tough situation...he is not in a minimum wage job so it is not just as easy as go out and get another job that pays the same but has more hours. And it is tough to get hired for a second job to make up some of the income because, even if they will hire you, the crap jobs you can get to do that (like retail or fast food) expect you to work all sort of different hours during the week....many of which are certain to conflict with one's 'real' job. * For the 5%ers out there, that isn't a 'Yay! More long weekends!".... It's "What do we have to cut to live off of 60% or 80% of a normal paycheck."
I saw something on CNN today that laid out the extra taxes that will be paid on the top wage earners as a result of the new health care law starting in 2013. I was shocked! If you earn 250,000 annually, you have to pay an extra 450 dollars a year. 500,000 annual income and you pay an extra 2,500 or so. At 1,000,000 annual income you pay an extra 4 or 5 thousand. The poor bastards!
View attachment 766 GREENVILLE, S.C., November 12, 2012 — Supporters of Papa John’s Pizza are countering a movement to boycott the popular chain by founding a National Papa John's Appreciation Day. In 1984, John Schnatter sold his prized possession: a 1971 Chevrolet Camaro Z28. With the proceeds, he set out to become an entrepreneur, transforming a tavern into a pizza restaurant. Today, he is better known as “Papa John.”Twenty-eight years and over 3,500 franchises later, Papa John’s has become a leader in the pizza restaurant industry. John Schnatter has been wildly successful and is reported with varying net worths — between $250 Million and $600 Million. While Papa John is now a wealthy CEO, he is also a philanthropist, donating millions to causes of which he approves, including over $20 million to the University of Louisville. Recently, however, Papa John has come under fire for his comments about ObamaCare. ObamaCare is expected to hit Papa John’s with recurring costs of $5-8 million per year. Schnatter has said that he intends to pass along the costs of ObamaCare to the consumer, as any normal business would. He mentioned that the total cost of ObamaCare will be an estimated 15 to 20 cents per order. "Unfortunately, I don't think people know what they're going to pay for this." Most recently, he claimed that many of Papa John’s franchises are considering cutting employees hours in order to pay for ObamaCare. Papa John is not alone in this. ObamaCare will require businesses large and small to pay extra costs for healthcare. Hundreds of other businesses have released similar statements about the law that kicks into effect soon. These businesses will not be able to hire or will have to fire employees as a result. His observation of the costs of ObamaCare has been taken as a political statement. Many leftists have demanded that he pick up the costs of ObamaCare with his own hefty fortune, rather than building it into the cost of the pizza or cutting employees’ hours. He has been demonized for “punishing his employees.” A look at the Papa John’s Facebook page will demonstrate a popular newfound hatred of both John Schnatter and Papa John’s pizza from supporters of ObamaCare. A “greedy and uncaring” CEO can give away two million pizzas as a promotion, yet he can not pull money from his “overflowing pockets” to “heal people,” or to help his employees get “healthcare.” People are vowing never to buy from Papa John’s again because of Mr. Schnatter’s views on ObamaCare. However, an effort is rapidly growing to start an anti-boycott movement. A group known as @Reboot_USA recently started the National Papa John’s Appreciation Day event on Facebook. The event has been wildly popular, garnering over 6000 attendees in less than a day. The event encourages people to like Papa John’s on Facebook, buy from Papa John’s on Friday, November 16th, share pizza with the homeless, unemployed, and the struggling, and post pictures on Facebook and Twitter with the hashtag #IStandWithPapaJohns Defenders of the solidarity movement claim that Papa John was just being realistic when he commented on ObamaCare. They point out that Papa John is not punishing employees, as he is not withdrawing a current benefit. Rather, he is being realistic about how to factor in the actual costs of ObamaCare. Even if Papa John’s bought health insurance for employees (instead of paying fines), the profit margin would necessarily be cut so much that Papa John’s would have to let off employees. Some customers would gladly pay an extra 15 cents per pizza for Papa John’s employees to have healthcare insurance. However, supporters explain that the market has set a price at equilibrium, and not enough others would pay the extra 15 cents instead of buying a substitute to make up for the lost bottom-line profit. This will naturally lead to a necessary reduction of employee hours. Supporters also counter that Papa John's is a publicly traded company. Therefore, profits not only go to Papa John, but also to employees and middle-income families that own 401Ks and mutual funds that own stock in Papa John's. Boycotting Papa John's is actually hurting the very employees whom boycotters are claiming to support. Successful entrepreneur and philanthropist John Schnatter has been working to present the American Red Cross with $1 Million for efforts following Hurricane Sandy’s devastation. Papa John may be successful and wealthy like his new enemies assert, but is he truly greedy, cruel and evil as well? Did he build that? Read more: ObamaCare controversy: National Papa John's Appreciation Day | Washington Times Communities Follow us: @wtcommunities on Twitter
Maybe Obamacare isn't Papa Johns real problem? http://finance.yahoo.com/news/papa-john-s-faces--250-million-spam-lawsuit.html
They seem to be experts.... Anthem Blue Cross: State Regulator Finds More Than 700 Violations ROBIN HINDERY 02/22/10 04:18 PM ET SACRAMENTO, Calif. California's insurance regulator said Monday his office has found more than 700 violations by the state's largest for-profit health insurer, including late payment of claims, giving misleading information to consumers and failing to cooperate with regulators. Anthem Blue Cross faces a maximum $10,000 penalty for each violation, Insurance Commissioner Steve Poizner said. His office said the violations occurred between 2006 and 2009. Kristin Binns, a spokeswoman for the insurer, said the company takes the allegations seriously, though she noted they represent a fraction of the company's millions of claims. The Los Angeles-based company, a subsidiary of Indianapolis-based WellPoint Inc., has been criticized recently by Poizner, state and federal lawmakers, and Obama administration officials for proposing rate hikes as high as 39 percent. The company put those increases on hold until May 1. Poizner said he was filing official accusations with the state's Office of Administrative Hearing alleging the policy handling violations. That will trigger hearings on whether the insurer should be fined. "Complaints just keep coming in and increasing over time. When it gets into the hundreds, it gets my attention," Poizner said at a state Capitol news conference. "It's only when a health care company doesn't take corrective action or is belligerent or uncooperative with us that we take this type of action, and that's the case with Anthem Blue Cross." The 732 violations include allegations of 277 failures to pay claims in 30 days, 143 failures to respond quickly to regulators during complaint investigations, 66 instances of misrepresenting facts or insurance policies to consumers, 25 failures to pay interest on claims, 21 failures to pay or contest a claim within 30 days, 22 unreasonably low settlement offers, and 178 other miscellaneous delays and claims violations. "As the largest insurer in California, our responsibility is to pay the many millions of claims on behalf of our members each year fairly, fully and promptly," company spokeswoman Binns said in a written statement. "While this review represents a small fraction of those claims, it is nonetheless very important to us to make sure we take any corrective action that may be necessary." In February 2009, the company agreed to pay a $1 million fine and reinstate 2,330 people whose insurance was rescinded after they submitted bills for expensive care. The company also agreed as part of last year's settlement with the California Department of Insurance to reimburse the dropped patients for medical costs they paid after their policies were terminated. The company said that would cost another $14 million. Anthem's proposed rate increases will be the focus of an oversight hearing at the Capitol Tuesday. Anthem President Leslie Margolin is scheduled to appear before the Assembly Health Committee, along with several insurance regulators, health care experts and consumer advocates. ___ Associated Press Writer Don Thompson contributed to this report.
So you are trying to say that the 2009 events have something to do with the future problems the company is expecting? I can think of a few problems someone else was experiencing in his past also.
I don't know for sure here rlm but it looks like Anthem Blue Cross is trying to say Obamacare will be just as corrupt as they were with absolutely NO factual backing of this unless you call their corruption a definite. THEN they have to prove that Obamacare will be just as corrupt? This flash of brilliance got us into the discussion BTW. I ask again. They know this how?
If Papa John's is having such hard economic times, why are they giving away 2 million free pizzas on Sundays throughout football season?
I have no idea how you interpreted my comments into that. BTW, usually "someone" is referring to an individual rather than a company.
Someone doesn't know what advertising is. Why does GM give away cars on game shows? You obviously heard that Papa John's was giving away pizzas, correct? Great advertising! Cheaper than buying ad time during the football games. Brilliant!
Probably to help the homeless. NOT. Should probably give them to his workers that face lowered hours. NOT. Definitely a case of no money. Gotta blame President Obama. NOT. OR.....you could blame the politician you paid for. The one that lost. Nah. Too much like reality.