It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Herman Cain bases his campaign for the presidency on his success as a manager and CEO of Godfather’s Pizza. Herman Cain claims to have brought Godfather’s Pizza from the edge of bankruptcy to profitability during his time there. He has never released any annual profit and loss statements to back this up. The company reached all time high profits in 1983, was still profitable in 1984, and only apparently was not profitable in 1985 due to a lawsuit. That lawsuit was settled before Cain became manager in 1986. It is a false statement that the company was on the edge of bankruptcy when he took over.
B.C. (Before Cain)
1983: $340 million(i)
1984: $365 million[ii] (900 stores)
1985: $325 million[iii] (720 stores) Pillsbury assigns Herman Cain to run Godfather’s Pizza in April 1986
1986: $275 million[iv] (640 stores)
1987: $260 million[v] (605 stores) (sales per store $414,000)[vi]
1988: $242.5 million[vii] (563 stores) Pillsbury sells Godfather’s Pizza to Cain and management group in a leveraged buyout for $40 million.
1989: $225 million[viii] (509 stores)
1990: $229 million[ix] (512 stores)
1991: $231 million[x] (525 stores)
1992: $242 million
1993: $249.5 million
1994: $244 million[xi] (514 stores) (sales per store 490,000)
1995: $260 million (525 stores)
1996: $265.5 million (540 stores) (sales per store $500,000) Cain becomes CEO of the National Restaurants Association in 1996, but was still on Godfather’s Management Board.
1997: $270.8 million[xii]
1998: $280 million
1999: $280 million
2000: $288 million[xiii]
2001: $280 million
2002: $287 million (560 stores) (sales per store 502,200)[xiv] Cain steps down from Godfather’s Management Board
2003: $304 million[xv]
2004: $313 million[xvi]
Please ask reporters to question Herman Cain about why he doesn’t release his earnings statements from his Godfather Pizza years. He is asking for our vote for president, but not being honest with us about how well he did managing Godfather’s Pizza.
Originally posted by popsmayhem
Why start the hate on Hermain Caine?
It sounds racially motivated
Some people do not like that he is fully black while Obama is not....
He would be the real first black president..
Stop with the RACISM.!!
I've been looking into this because honestly, while I have nothing against the man personally, something just doesn't jive with all this talk going around.
Originally posted by popsmayhem
Why start the hate on Hermain Caine?
It sounds racially motivated
Some people do not like that he is fully black while Obama is not....
He would be the real first black president..
No he is not a political puppet, he has never held a political office
and the man believes he can help this country, he is a great businessman
that is why the establishment hate him!!!
Why are you using Pizza as the new blacks and fried chicken stereotype?
sickening to say the least
Stop with the RACISM.!!
Please don't think I'm just trying to trash the man's record, I just wanted to point some of these things out..
Originally posted by popsmayhem
Why start the hate on Hermain Caine?
It sounds racially motivated
Some people do not like that he is fully black while Obama is not....
He would be the real first black president..
No he is not a political puppet, he has never held a political office
and the man believes he can help this country, he is a great businessman
that is why the establishment hate him!!!
Why are you using Pizza as the new blacks and fried chicken stereotype?
sickening to say the least
Stop with the RACISM.!!
Originally posted by MrWendal
First off all, what does running a third rate pizza place and running a country have in common?
Answer: Nothing.
Originally posted by popsmayhem
Same old racist in these threads bashing Herman Cain.
These *Oh hermans cain makez a pizzaz haz cantz runz cowntry*
He ran Godfathers pizza better THEN any of the previous people.
That is fact...
These threads have Major TROLL Factor effect.
Originally posted by LS650
Originally posted by MrWendal
First off all, what does running a third rate pizza place and running a country have in common?
Answer: Nothing.
You're right; running a multi-million dollar corporation with thousands of employees is nowhere near as good a preparation for being POTUS as being a community organizer.