{"id":15177,"date":"2023-12-12T00:58:29","date_gmt":"2023-12-11T19:28:29","guid":{"rendered":"https:\/\/farratanews.online\/elizabeth-warrens-subway-food-fight-is-laughable\/"},"modified":"2023-12-12T00:58:29","modified_gmt":"2023-12-11T19:28:29","slug":"elizabeth-warrens-subway-food-fight-is-laughable","status":"publish","type":"post","link":"https:\/\/farratanews.online\/elizabeth-warrens-subway-food-fight-is-laughable\/","title":{"rendered":"Elizabeth Warren\u2019s Subway food fight is \u2018laughable\u2019"},"content":{"rendered":"

[ad_1]\n<\/p>\n

<\/p>\n
\n
\n
\n
\n

Varney & Co. host Stuart Varney reacts to Sen. Elizabeth Warren claiming Roark Capitals purchase of the Subway food chain creates a sandwich shop monopoly.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

During his “My Take,” Monday, “Varney & Co.” host Stuart Varney criticized Sen. Elizabeth Warren, D-Mass., after she praised the Federal Trade Commission for investigating whether a private equity firm’s purchase of the Subway food chain created a “sandwich shop monopoly.”<\/p>\n

STUART VARNEY<\/strong>: There are times when socialists make fools of themselves.\u00a0<\/i><\/p>\n

Case in point <\/i>Sen. Elizabeth Warren<\/i>.\u00a0<\/i><\/p>\n

She is going after a sandwich shop monopoly — the horror.\u00a0<\/i><\/p>\n

ELIZABETH WARREN APPLAUDS FTC’S \u2018SANDWICH SHOP MONOPOLY\u2019 PROBE OF SUBWAY ACQUISITION<\/strong><\/p>\n

\n
\"Elizabeth<\/source><\/source><\/source><\/source><\/picture><\/div>\n
\n

U.S. Senator Elizabeth Warren questions witnesses during a Senate Banking, Housing, and Urban Affairs Committee on Capitol Hill.<\/span> (REUTERS\/Evelyn Hockstein \/ Reuters Photos)<\/span><\/p>\n<\/div>\n<\/div>\n

Here’s the story.<\/i><\/p>\n

Roark Capital runs several sandwich chains, including Jimmy John’s, Schlotzsky’s, and Arby’s.\u00a0<\/i><\/p>\n

Now Roark wants to buy Subway.\u00a0<\/i><\/p>\n

Warren thinks that creates a “sandwich monopoly” which will reduce competition and that, she says, will lead to “higher food prices.”\u00a0<\/i><\/p>\n

SUBWAY JOINS DUNKIN, JIMMY JOHN’S, BUFFALO WILD WINGS IN ROARK CALITAL’S STABLE<\/strong><\/p>\n

She wants the Federal Trade Commission to investigate.\u00a0<\/i><\/p>\n

This is laughable.\u00a0<\/i><\/p>\n

The senator evidently thinks that any enterprise that grows by giving consumers what they want is bad.\u00a0<\/i><\/p>\n

But wait, this is not a monopoly. There are a million competitors up and down every high street in the land.\u00a0<\/i><\/p>\n

\n
\"Subway<\/source><\/source><\/source><\/source><\/picture><\/div>\n
\n

Subway sandwich store signage is seen on Water Street on August 21, 2023 in New York City.\u00a0<\/span> (Getty Images \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n

Gas stations <\/i>and corner stores make sandwiches, don’t they?\u00a0<\/i><\/p>\n

If you count a hamburger as a sandwich, then McDonald’s, Burger King, and Wendy’s make for some pretty serious competition.\u00a0<\/i><\/p>\n

If Roark Capital takes Subway, it won’t create a monopoly.\u00a0<\/i><\/p>\n

SUBWAY AGREES TO SALE TO ROARK CAPITAL, ENDING NEARLY 6 DECADES TO FAMILY OWNERSHIP<\/strong><\/p>\n

It creates a more efficient sandwich maker that can cut costs and slow down price increases.<\/i><\/p>\n

That’s not the way Sen. Warren sees it.\u00a0She’s a socialist, always on the lookout for the wickedness of capitalism.\u00a0<\/i><\/p>\n

She wants to tax your wealth before you make the money.\u00a0<\/i><\/p>\n

\n
\n
\n
\n

Millionaire businessman and television personality Kevin OLeary, a.k.a. Mr. Wonderful, predicts more bankruptcies after the FTX fallout, and discusses his $45 million investment in North Dakota.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

She wants to make corporations get a license from the <\/i>government<\/i> before they can operate.\u00a0<\/i><\/p>\n

Socialists are never happy. There’s always something they need to crack down on.<\/i><\/p>\n

It’s understandable, of course. Sen. Warren was a professor at Harvard.<\/i><\/p>\n

FOR MORE FOX BUSINESS CLICK HERE<\/p>\n<\/div>\n[ad_2]\n","protected":false},"excerpt":{"rendered":"

[ad_1] Varney & Co. host Stuart Varney reacts to Sen. Elizabeth Warren claiming Roark Capitals purchase of the Subway food chain creates a sandwich shop monopoly. During his “My Take,” Monday, “Varney & Co.” host Stuart Varney criticized Sen. Elizabeth Warren, D-Mass., after she praised the Federal Trade Commission for investigating whether a private equity …<\/p>\n","protected":false},"author":1,"featured_media":14208,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/posts\/15177"}],"collection":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/comments?post=15177"}],"version-history":[{"count":0,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/posts\/15177\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/media\/14208"}],"wp:attachment":[{"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/media?parent=15177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/categories?post=15177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/farratanews.online\/wp-json\/wp\/v2\/tags?post=15177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}