Latest / Radio Baloney - The Richie Baloney Show! / Kamala Harris Commie Price Controlsls
Transcript
- 0:03Speaker 1: Let's see, Kamala complains about the price of food under
- 0:07Speaker 1: her administration, vows to fix it. Yeah, it didn't occur
- 0:11Speaker 1: to her that when she says food is that your
- 0:15Speaker 1: bread is twice as expensive as it was before the pandemic,
- 0:18Speaker 1: that people might say, well, that's kind of your fault though, right,
- 0:23Speaker 1: kind of your fault. Presumptive Democratic nominee Kamala Harris held
- 0:27Speaker 1: a rally in a rally North Carolina on Friday, where
- 0:31Speaker 1: she unveiled her economic plans for a possible Harris led
- 0:35Speaker 1: White House. Complained about the prices of food under the
- 0:38Speaker 1: Biden Harris administration. I think it's just that they do
- 0:43Speaker 1: assume that everybody's stupid, or that enough people are stupid
- 0:48Speaker 1: that it doesn't matter. I've said it every week here,
- 0:50Speaker 1: I know, for the last month or something like it.
- 0:53Speaker 1: They could have just put in a canned ham, and
- 0:57Speaker 1: the basement for the canned ham would be like forty
- 0:59Speaker 1: five maybe forty four percent. Right, it really doesn't matter, Harris,
- 1:04Speaker 1: is it empty vessel? Obviously she might as well be
- 1:06Speaker 1: a canned ham. Right, they just say, well, great, team,
- 1:09Speaker 1: I love the canned ham. I mean, what else explains it?
- 1:13Speaker 1: I mean the carelessness, right, I mean, is this carelessness
- 1:15Speaker 1: is stupidity? I mean it's it was her administration, but
- 1:21Speaker 1: there's a large percentage of the population that doesn't care.
- 1:24Speaker 1: It's weird. She said. We all know prices went up
- 1:28Speaker 1: during the pandemic. I can't do her voice. We all
- 1:31Speaker 1: know prices went up during the pandemic when the supply
- 1:33Speaker 1: chains shut down and failed. But our supply chains have
- 1:36Speaker 1: now improved, and prices are still too high. A low
- 1:39Speaker 1: for bread costs fifty percent more today than it did
- 1:42Speaker 1: before the pandemic. Ground beef is up almost fifty percent. Yeah.
- 1:46Speaker 1: I wonder if it has anything to do with printing
- 1:48Speaker 1: all that money. I wonder if I wonder if that
- 1:51Speaker 1: or maybe it's maybe maybe it's energy costs. Maybe it
- 1:54Speaker 1: has something to do with that as well. Huh No, No,
- 1:57Speaker 1: it's greed apparently, spoken like a like a good commie. Harris,
- 2:01Speaker 1: who has been in the White House as Biden's vice president,
- 2:03Speaker 1: said that many of the big food companies are seeing
- 2:06Speaker 1: their highest profits in two decades. While many grocery chains
- 2:10Speaker 1: pass along these savings, others still aren't. Well. I think
- 2:15Speaker 1: they have a habit of not of pretending that the
- 2:17Speaker 1: inflation doesn't exist for the producers, just for everybody else
- 2:22Speaker 1: the inflation. Like you, if inflation goes up ten percent
- 2:27Speaker 1: and then you get a ten percent raise and you've
- 2:29Speaker 1: never made that much before on actual dollars, Right, are
- 2:32Speaker 1: you being paid? Are you seeing like your highest wages ever?
- 2:38Speaker 1: Not really, because you're just keeping par with inflation. You
- 2:41Speaker 1: don't actually have more buying power. Right. These are sort
- 2:45Speaker 1: of things they tend to kind of forget about when
- 2:48Speaker 1: they're making their claims. So believe me, as president, I
- 2:51Speaker 1: will go after the bad actors, and I will work
- 2:53Speaker 1: to you past the first ever ban on price gouging
- 2:55Speaker 1: on food, which we'll turn into just a ban on food.
- 3:00Speaker 1: That's the way it works out. If nobody can make
- 3:03Speaker 1: money producing something, they stop. That's the way it always
- 3:06Speaker 1: works out. Always. Because that's who she's gonna be going after.
- 3:10Speaker 1: I mean, grocery industry profit margins fall two pre pandemic levels.
- 3:15Speaker 1: What can of margins do grocery stores have? Because I
- 3:18Speaker 1: think she's blaming them as well. Right, Let's see, in
- 3:20Speaker 1: twenty twenty three, profit margins and the grocery industry hit
- 3:23Speaker 1: one point six percent, lowest level since one percent in
- 3:26Speaker 1: twenty nineteen. The industry slowed same store sales growth of
- 3:30Speaker 1: two point one percent last year, was driven by inflation.
- 3:33Speaker 1: So here's what the actual profit margins are twenty twenty
- 3:36Speaker 1: three percent. You're one percent twenty nineteen, two point nine percent,
- 3:41Speaker 1: two point three percent, two point one percent. So their
- 3:45Speaker 1: margins are the grocery stores margins are razor thin. So
- 3:48Speaker 1: you can't get savings at the grocery stores. Right, So
- 3:53Speaker 1: it's say three percent profit margin. You say, well, you
- 3:57Speaker 1: know it doubled. Well that doubled. They doubled their profit
- 4:00Speaker 1: from one point five percent. Well what does that really
- 4:03Speaker 1: do for you? One point five percent? So on one
- 4:05Speaker 1: hundred dollars you save a dollar fifty. But that's that's
- 4:08Speaker 1: nobody's going to notice that, right, So, I mean, they
- 4:12Speaker 1: won't tell you that, they won't actually explain to you
- 4:15Speaker 1: why what they're saying is idiotic, because it's politically expedient
- 4:18Speaker 1: to them. But you're not going to find any big
- 4:20Speaker 1: savings there. I think that gasoline prices, let's see, here's Trump,
- 4:26Speaker 1: there's Trump here, Biden comes in spiked. I wonder if
- 4:29Speaker 1: that has anything to do with the inflation and higher prices, because, uh,
- 4:33Speaker 1: this will. This affects every part, every every link in
- 4:37Speaker 1: the chain of production. To grow the food, to harvest
- 4:41Speaker 1: the food, takes energy to ship it to be a
- 4:46Speaker 1: process that costs money, and of course running the facilities
- 4:50Speaker 1: costs more money because of higher energy prices than shipping
- 4:53Speaker 1: it to packaging again getting it to the grocery stores.
- 4:57Speaker 1: Like these are the reasons printing up trillions of dollars.
- 5:02Speaker 1: These are the real reasons. It's not great all that
- 5:04Speaker 1: this is going to do. Oliver plans to put on
- 5:08Speaker 1: what are essentially just price caps on things are going
- 5:11Speaker 1: to make it orse. It just means that those things
- 5:13Speaker 1: will stop being produced and then nobody will have them,
- 5:15Speaker 1: and then you'll only be able to get them on
- 5:17Speaker 1: the black market. So what does that create. It creates
- 5:19Speaker 1: black markets and shortages. That's it. Everybody knows that, but
- 5:23Speaker 1: it doesn't matter because she assumes enough people are stupid
- 5:27Speaker 1: enough to just go with it. I think the ultimate
- 5:30Speaker 1: goal is breadlines, where you line up all day long
- 5:34Speaker 1: and when you get to the end of it, there's
- 5:35Speaker 1: no food left. There's no bread. Our bloans were a
- 5:38Speaker 1: good thing. Brennie Sanders said, what the fucking idiot, No offence.
- 5:42Speaker 1: But it sounds like that's some fucking comed gobbledy gook.
- 5:46Speaker 1: God damn it. Gee Flett says, Kroger's profit margin is
- 5:50Speaker 1: at one point four to three percent. Yeah, it's razor.
- 5:53Speaker 1: It's razor thin. It's the same in Canada as well.
- 5:55Speaker 1: When they complain about in Canada, they did a lot
- 5:58Speaker 1: of the Trudeau and jag meat saying the Liberal and
- 6:02Speaker 1: the NDP leaders both comedies. As far as I can tell, Yeah,
- 6:06Speaker 1: they're complaining about grocery stores. It's had to blame grocery stores.
- 6:09Speaker 1: It's idiotic. If you do that, you have no place
- 6:13Speaker 1: being prime minister. I mean he has no place being
- 6:16Speaker 1: prime minister for just a plethora, for an infinite number
- 6:19Speaker 1: of reasons. But that is just so straight up stupid.
- 6:23Speaker 1: Rumbum says Canada. Text is everything. Christ They text the
- 6:26Speaker 1: air here now and call it the carbon tax. Yeah,
- 6:29Speaker 1: but the carbon tax affects everything everything. Rosie says, how
- 6:34Speaker 1: do grocers stay in business one percent? Two percent? As
- 6:37Speaker 1: a business owner, I say that is crazy. They have
- 6:39Speaker 1: a lot of tricks. They do contracts for like they
- 6:42Speaker 1: set they set on settle on prices for like a
- 6:45Speaker 1: in like a year in advance and hope that it
- 6:47Speaker 1: ends up being cheaper. That's one of the things they do.
- 6:49Speaker 1: And in the good years when they're getting like three percent,
- 6:52Speaker 1: maybe even as high as four percent. Uh, you know,
- 6:54Speaker 1: that gives them that cushion they need for when it
- 6:57Speaker 1: starts to go down again. That's something you'll never hear
- 7:00Speaker 1: from like a Trudeau or a jagg meet singer or
- 7:02Speaker 1: Kamala Harris or any of them. Anyway, that's all I'm
- 7:05Speaker 1: going to say about that. Please like, share and subscribe.
- 7:08Speaker 1: Subscribing really helps me out. I thank you for that.
- 7:11Speaker 1: I will see you next time.