"This letter is to ask for your help and support, and that of your colleagues, in the passage of an increase in the limit on the public debt...The full consequences of a default - or even the serious prospect of a default - by the United States are impossible to predict and awesome to contemplate."
Read it all here: Washington Post.
The man he was writing the letter to, Majority Leader Howard H. Baker, has a very cool Wikipedia article: Howard Baker
Herman Cain is a very likely GOP candidate for President in 2012. He's been getting a bit of news on the interwebs recently. This video has been making the rounds today:
I decided to make a spreadsheet response, which allows you to mess with the assumptions. Based on my analysis, it looks like the upper end impact on Godfather's Pizza's profits would be -5% (1.5% profit to negative 3.5%). However, there are a number of ways Godfather's would likely mitigate the impact of this.
But don't take my word for it, check out the spreadsheet yourself: Cain vs. Clinton HCR Debate - Impact on Godfather's Pizza
Feel free to email me and I'll send you a copy: michael.b.s.rossiter@gmail.com
