Bill’s Commentary:
“A whale emerges the same day that COMEX announces a WHOPPING 333 tons of gold standing for delivery…do you have your crash helmets securely fastened?”
Bill’s Commentary:
“If at first you don’t succeed, try, try again…”
Restaurant chain Hooters files for bankruptcy to enable founder-led buyout
Restaurant chain Hooters of America filed for bankruptcy in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise group backed by the company’s founders.
Hooters, like other casual dining restaurants, has struggled in recent years due to inflation, the high costs of labor and food, and declining spending by cash-strapped American consumers. The company currently directly owns and operates 151 locations, with another 154 restaurants operated by franchisees, primarily in the United States.
The privately-owned company, which shares a private equity owner with recently-bankrupt TGI Fridays, intends to sell all corporate-owned locations to a buyer group comprised of two existing Hooters franchisees, who operate 30 high-performing Hooters locations in the U.S., mainly in Florida and Illinois.
Bill’s Commentary:
“I can’t tell you how many times over the last 20 years that friends of mine said they were so thankful there were no cell phone cameras when we were kids.”
Watch: Tuscaloosa City Councilman kicks down opponent’s yard sign
The runoff election for the Tuscaloosa City Council District 1 seat has taken a dramatic turn in recent days.
Security footage obtained byTuscaloosa Patch shows current District 1 Councilor Matthew Wilson kicking over a campaign sign belonging to his opponent, Joe Eatmon.
The video, taken just before 4 p.m. on the Saturday before the election, depicts Wilson carrying one of his own campaign signs before approaching and repeatedly kicking Eatmon’s sign, leaving it flat on the ground.
Bill’s Commentary:
“Erik hovers over several targets here…”
The latest from Erik –
BillHolter.com 
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