On October 21, three Senators, Elizabeth Warren, Ron Wyden, and Robert P. Casey, Jr., all Democrats, wrote a letter to Chris Kempczinski, President and Chief Executive Officer at McDonald’s. We are to assume that is was pure coincidence that the letter came the day after the campaign appearance of President Trump working the Fries Station. This is how government intimidation works. The letter questioned McDonald’s price hikes in recent years, questioning whether they were engaged in price-gouging. (Somehow it didn’t mention how inflation might have impacted these prices.) Bur there is a more interesting aspect of the letter.
The source of this information is an article posted at The Conservative Treehouse on October 24th.
Some excerpts from the letter:
2. Earlier this summer, in an effort to combat lagging sales, McDonald’s announced a $5 Meal Deal.15 Although initially introduced as a limited-time offer, Mr. Erlinger recently said the company is extending the deal because its availability has helped shift “sentiment towards the brand around value and affordability.”16 Apart from the $5 Meal Deal, has McDonald’s lowered prices on individual menu items? If no, please explain why not.
…5. Did McDonald’s executives receive bonuses or other incentive-based compensation between 2020 and 2024? If yes, please provide the total dollar amount of these bonuses or other incentives for each year, and the specific reason these bonuses or incentive payments were awarded. Were any of these bonuses or incentives based upon executives’ ability to increase per-customer revenue or per-customer profits? Does McDonald’s award any bonuses based upon reducing prices or increasing value for customers?
That is between McDonald’s and its stockholders. That is none of the government’s business.
The article at The Conservative Treehouse concludes:
The leftists are now railing against private sector price increases they created with government policy. Of course, in order to advance their ideological agenda, they must pretend not to know things.
Additionally, remember Elizabeth Warren is the person who constructed the Consumer Financial Protection Bureau (CFPB), a quasi-legislatively authorized targeting silo established to threaten, blackmail and ultimately coerce payments from the private sector. Warren is essentially the secretary of the CFPB fund, constructed inside government that reaches outside government, to assemble funds that are then repurposed back to leftist community activist groups.
President Trump’s move to showcase the McDonald element of his political attachment to the ‘common working person’, the ordinary American, shattered the well-organized construct and fabrications of him by the leftist deep state. Trump caught them completely unprepared to counter this “blue collar billionaire” move.
They are lashing out desperately against President Trump as he continues to crush their fabricated Kamala Harris construct.
The CDC also released a report of e-coli in McDonald’s quarter-pounders. I wonder if the report is true, and if it is, how long they sat on it.