Red Eye Radio
Red Eye Radio

03-12-26 Part Two - The Costly Cost of Living

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In part two of Red Eye Radio with Gary McNamara and Eric Harley, we take a look at the latest economic news as the CPI numbers indicate an overall increase in the price of goods and services. Also Ga...

Transcript

EN

What's going on in the world?

On the left hand in the real life. The Western War begins. A more on-trip at Wiser.de. It's a big Britain.

Welcome to the show, from the Relief Factor Studios. This is Writhi Radio. All across America. We are on our radio. He is her currently non-guring matemera. All right. You got your flash with you. It's time to do inflation numbers. Yeah. I can do a shot. All right. You know, I actually do have two flasks. You gave me one. Somebody sent some to me.

Yeah, because I said on the air when I do people still use flasks. And then someone sent us a couple of flasks. Yeah, I have a Christmas flask. I have two flasks. One is of a buddy's band. I don't even know how well I got him from.

I've never used them. Maybe I should start bringing them into work.

Well, I've never understood the point because I thought it doesn't seem like an up to get drunk off of. Well, that's where it's supposed to do hard liquor in it. No, that's what I mean. Yeah, that's what I mean. It does seem like enough hard liquor to get drunk off of.

That's what, what is it whole? I don't even know. That's a great question. You know what I'm going to do?

I'm going to take a shot glass at home, fill it full of water and see how many it takes to fill up my flask. Yeah, it definitely cannot substitute for a canteen if you're looking for water in the desert. Right. It's for hard liquor only. And the flask, the idea of the flask was it was flat, so it could fit inside your coat pocket.

And nobody would know you're drinking because they can't smell a thing. Also, slurred speech is normal. I was watching only about 30 seconds of it. What is it? Not the TV series, lethal weapon. Oh, yeah, a few years back. And the one guy was at his desk, and the psychiatrist came over.

And he had did something good where, you know, they didn't feel he was a whack ace or temporarily didn't think he was a whack job. And so she said, we should have a drink, and so he pulls the flask out of his desk. Yeah.

I'm thinking to myself, do you think police officers can have a flask in their desk?

No. No. Maybe as sheriff in a small town. But I don't see that whenever they do the murder mysteries. It's like three of the honored channels, you know, the digital channels that they constantly run just police stuff over and over again.

But 48 hours whenever they do homicide police. Yeah, you don't see them pulling out. Look, we're trying to solve this thing. And we've been here for 24 hours. Somebody break out the whiskey bottle.

Yeah, the first 48. Yeah, the first 48. Yeah, the first 48. The first 48. It's also about crime.

Yes.

The first 48 is the different one.

I love the first 48 because I think that being a homicide detective has to be one of the hardest jobs.

Yeah. You could possibly have not just because of what your job description is, but the hours. I had a friend that was an LA homicide detective for years. And it just boggles my mind. But when you watch the first 48, you understand that it is, it's a 24/7 job.

You know, it's, and you become obsessed with it because you're dedicated to finding, you know, you're looking for somebody who's committed murder. And that to me, it has to be one of the hardest jobs physically mentally because of the job description.

Mm-hmm.

What you see. Yeah. You know, I don't know why because I was thinking about that yesterday. And I just went to myself. How many people have smelled blood?

One time I came up. We were kids. We came up to an, an ag, a guy was drunken. When the street was a dead end and went right through it and hit the abutment of the railroad tracks. Yeah.

And he was bloody all over the place. It's the first time I ever smelled blood.

I never forget the smell of it.

Yeah. You know, a large amount of blood. There's actually a smell to it. Right. And I went, well, I never forgot it.

And I was like, but, you know, just to stop that they see every day. Well, if you're a homicide detective, you know, you're, you're walking into a scene where. Yeah. Someone is died and you're seeing death on a regular basis. And then having to talk to the families has to be unbelievably horrible.

But then the, and I want to make sure I'm, I'm sensitive here when I say it. But the, the adventure then of investigating it and getting closer and bringing people in. Or even sometimes the interrogation of the suspects, when you know you have someone. And, you know, the, the puzzle of how to, you know, get them to either admit or back them into a corner.

And then the finality of the case when you solve it.

And you know, you got your, your person has to be incredibly rewarding.

But I think just the emotion of doing that has to take a toll on those people.

And they, you know, it's a great sacrifice that those homicide detectors make. But that all goes back to the flask thing. But I want to get back to the inflation numbers. But I'm, many to flask here for the inflation numbers. So clear, fresh music.

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And there are now all products in our filial and in the action app. Exxon, small price, great joy. The consumer price index for all prices was... Let me see, the all items index increased 2.4% over the year. Yeah, year over year.

Year over year.

The core inflation, which would be less food and energy, was, I think, 2.5%.

Yes. Yeah, there was 2.5%. Now, those numbers really mean nothing. And I know on the financial channels, depending on what part you support. You know, it's good or it's bad or whatever.

But what's the reality of it?

The reality is some things that people buy when down.

For example, let me see, use cars and trucks, motor vehicle insurance and personal care were among the products that decreased in February. Now, medical care, apparel, household furnishings, operations, airline fares, and education all went up.

Yeah. And when you look at it, I said, you can throw whatever numbers you want. But what do people actually need? What do they buy every day? Even I've always talked about the fact that when California,

remember they said California has the least poverty because California has the highest wages. And we always said that's the wrong way to look at. Wages mean nothing. Yeah. It matters is the difference between what you need every day to survive.

The things that you need to keep your lifestyle going that you have no choices.

The difference between what you put out for that and what your take home pay is. And when it was at the Census Bureau, the change away that they did it. And California skyrocketed in poverty that year to number one. Right. Well, you can't do that. That's not how you figure out what poverty is.

Poverty is what you have at the end of the day when you finish paying all your bills. That you need to keep your lifestyle going. Mm-hmm. And that's different for everybody. But the average of that or the result of that is how you should figure out the poverty level.

But then again, as we've talked about John Stossel did many things at the poverty level today. There's not the poverty level of 100 years ago. Right.

What people have today in poverty they would have gone crazy for to have if y...

I have century ago or century ago.

Yeah. I keep think, let me just say a century ago because a half century ago isn't that long ago. Well, for you, it isn't. Yeah.

But so you look at this and you say, okay, the increase in prices, what will people actually use?

The one that hit me the most was natural gas. 10.9% increase over a year ago. That and even though, let me just make sure I got the right line here, fuel oil that people still use in the Northeast. Mm-hmm. Was up 6.2% for the year.

11% up for the month of February. Yeah.

And that's when people feel.

And as I said a couple of weeks ago, I got my, my bill. My last gas bill was the most expensive I've ever had ever. People, if I noticed it. Oh, yeah. Uh, then everyone notices it.

Mm-hmm.

If I'm payable because I went, whoa, I've never had a bill that high.

And so you look at that, that's, that's stuff that people need. Apparel, uh, things like that, people need. Shelter was up 3%. Medical care services, 4.1%. Way over, I mean, double what you, uh, what the Fed wants, uh, when it comes to inflation.

Uh, new vehicles, 2.5%. Uh, use cars and trucks actually went down. Yeah. Uh, 0.4% last month, 3.2% year to year. But you have so many things out there, you know, food, uh, food at home.

3.1%. Yeah. Yeah. I top of all the increases you've seen in food.

Well, and you, you have, uh, companies I, I saw were Costco is, you know, again,

looking to make it more competitive. Uh, for them to be more competitive with Sam's club and other big box stores, uh, looking at pricing changes and, uh, fast food is trying to reevaluate the whole value menu thing. And there's only so much they're going to be able to do.

But retailers across the board are basically scrambling to do everything.

Anything from loss leaders, uh, but even with the big discount stores, you're seeing it. It's, all right. Let's, let's come down where we can and advertise the daylights out of it. Uh, Walmart has been doing that for ages. They're whole rollback campaign.

They roll back. The, okay. We, we're, we're going to roll back the price of this item. That, that item. And then we're going to highlight it and, um, and showcase it in stores.

And in advertising. Um, convenience. There's suddenly convenience now. That's one of the other things too. Well, we can, we can deliver.

Uh, Walmart is competing with Amazon now on the whole delivery thing. They've got this huge, uh, campaign, um, digital ad campaign. One of them starring the, uh, the actor Russ Goggins. And which I thought was kind of odd. He's a, he's a pretty interesting actor, but, um, they used him.

And the, the idea is, well, if you've got Amazon, your membership keeps going up with Walmart Plus, you know, it remains the same and you get all these benefits. But trying to advertise any and all benefits of shopping at their location or with their brand. But because they know the pricing issue is is ever present. And it's likely not going anywhere anytime soon.

Uh, the president yesterday on the road campaigning in Ohio and Kentucky. But addressing, uh, you know, pricing. And again, something we've talked about is, look. There, some prices are coming down, but you can't don't try and tell people. Hey, the economy's doing great.

Your economy is doing great. Because you're not going to convince somebody who's struggling with, with pricing. They, it's the, what will change that. And it's not even the reports you and I talk about it. It's interesting to look at it in hindsight and see where it went.

But the consumer, the rank and file consumer is out there paying in every single day.

They're, you know, begging for mercy on pricing.

And that's where again, you.

I don't politically, I don't know how you address it. We thought they were going to move away from it.

Remember the other day, it was going to be okay.

Move on to other things, the border, the Democrats are crazy. You know, we're going to do the same thing. The president said that. Yeah. And, you know, the, the four things that want to see election.

And, and we said, well, good. They're not mentioning prices, which they shouldn't because of your men. It's like Gavin Newsom. Gavin Newsom got pounded for saying Trump is increasing gas prices. Because of this, you know, because of this war temporarily.

Yeah. Well, you can't win that if you're Gavin Newsom. Right. Gas prices are way higher in everybody in California knows it because of you in the Democrats. Right.

And so when you bring it up, people say, well, how is my economy right now?

Right. But we, we had said, I said, but a week ago, I said, it wouldn't be surprised. If the section 122 tariffs, he just phases out or loosens up a lot may not happen. Even though I believe that's the case that the courts will blow out of the water. Because he's talking, balance of trade and not balance of payments.

And the section 122 has nothing to do with balance of trade. So that's going to get blown out of the water. But the section 302's, which are now, that takes a lot longer to do. Because you've got to go product by product and say that it's a national security reason that we're doing it, which is how you can do the steel and aluminum. You know, tariffs and nobody has challenged what the emergency is at at this point for for those.

But he's insisting on going more with that. So he's probably not going to stop the section 122, but the judge is already on that one. And the other judge for the rebates wants this thing done.

He wants everybody, you, you, you have to tell us what you, what you had to pay.

He did not, from what I saw he did not say. And then you have to show us, you know, whether you raise prices or not and re-couped it. He didn't say that. The importers simply have to show us, you know, what they, what they had to pay in tariffs.

That's going to be 130 billion now more that's going to increase the deficit.

And they're going to have to make up, which again, if you borrow more money, that puts the, every time and every, if the section 122s get blown out, then that's more money you have to borrow, which is more interest, which then puts more pressure on inflation. Yeah, I've likely still take years to get the reimbursement thing done because each individual claim is going to be separate. Who gets what unless they go some kind of broad class action route?

And I don't know, we'll see where they go. We are right, I radio. Brought to you by FPPF, fuel power max. Surviving a thriving as an odor operator has just as much to do with managing costs as it does with generating revenue, understanding basic principles of operating costs can save you thousands of dollars a year.

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Where are my radio? He's early and I'm Gary McNamara. You know, looking at him, new some knocked for insane California gas prices after blaming Trump for rising cost.

We said at the other day when he brought it up, we just said, "Did you can't ...

You're not going to win that in California.

You're just as the governor of California. You can't win that one.

And that's why again, we said the danger even for Republicans.

When you talk about prices and say everything's doing great and people don't feel it, that's one of the major reasons the Democrats lost in 24. Yeah. The other was illegal immigration and the radical transgender movement. But prices trump everything.

Yeah. Well, and you can't, you know, again, someone like Newsom, they're not going to win that with gasoline in California. I'm not going to win that one. I'm not going to win that one. I'm not going to win that one.

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I'm going to win that one. I'm going to win that one. Don't give a damn about the military.

They don't care to know how the military exists.

They only use the military as when they can use it for their own political purposes. This is such a well-known tradition that especially if you're going to stay goes in the navy. When we got taken lobster, we knew it was coming next. We were going to go back in a week. We're not going back for another month.

It's a morale booster for the troop. It goes to the troops. Yes. And the Democrats across the board are trying to make this case

That Hague Seth and Trump are eating 93 billion dollars

of lobster instead.

By the way, what does 93 billion?

Maybe I should put that into AI.

How much lobster can you get for 93 billion?

But when she put in, you know, hungry children working parents and veterans are being denied food assistance. While enjoying 93 billion of things like lobster and steak, she's making -- this is where there's no self-awareness. Yeah. It's where just put it out there.

We live in the bubble of today. The people who vote for us are idiots. We don't have to fact check. They don't have to fact check. We're all a bunch of idiots.

We'll all lie to each other. We'll sit in our little circle. Should I say? Mm-hmm.

And I'll just leave it at that.

And -- yeah. And pretend that this is the truth. None of it is the truth. It is well-known. It has been tradition in the military.

It is one of the most well-known things about

what we do in the military to try to keep up morale from people that volunteer. To do incredibly hard jobs in incredibly hard conditions. It is a well-known tradition that we treat them well with food because it can help boost morale.

It's something that they look forward to. And so the lobster and steak goes back a long, long time. And they make pretended something new and doesn't apply to the soldiers. It's simply headset and trumpet buying lobster and steak for themselves when it's actually for the troops.

Yeah. You know, I said during the break to you, I really wonder if they're going to even in -- with the truth being handed to them on social media over and over again if they're going to stay on this.

They believe people are stupid. They might believe they can get away with keeping up this lie. I don't know.

I don't know what the over-under is on something like that,

but I'd love to see what's the likelihood that they'll keep going with stuff like this. Now, inevitably, when they are faced with the truth, they just move on to the next lie. But Paul Bagala was ready to fight you.

Well, you see, whether or not it was for the troops. Well, it's interesting because, you know, I went to Dingo's post. Every single person is like, you don't know what you're talking about. Every single person.

Think about that. Yeah. No one is on her side. And then they went to AI, you know, that Obama and the Biden administration's paper things like lobster and steak for troops.

How much did they spend? Yes. All administrations, including Obama and Biden funded steak, lobster and similar, turf and serve meals for troops via DOD, mess halls and deployments as standard morale boosters,

off in pre-mission or for holidays.

The bulk procurement comes from $2 billion plus annual DOD food budget.

The next thing will be, "Why are we paying to feed the troops at all?" Yeah. And they challenge to go to the 93 billion dollars, and I've been in to do with the food. They have no idea what she's talking about.

Right. But I'm going down looking at the responses of it. Trying to see where anyone-- Because everyone seems to know that it goes to the troops. Yeah.

Right. Yeah. I've gone down maybe. I don't know. Fifty in.

Every single person disagrees with her. Every single one. So she knows she's lying. Right. Because all she's still is read her own comments to her post.

Right. Wow. And something tells me they'll try and keep this one up for a couple of days. Which is stupid. Well, expect we're going to be doing this a number of times every week all the way up to the election.

Let's throw out something that we know is a lie, but it will make the president look bad even if it's a lie. And then we just forget about it and don't talk about it afterwards.

You think Debbie Dengels go-- let me see if she's a-- let's go to her post.

Mm-hmm.

And see because it's still up.

Let me see if she has it all responded. Because nope. Nope. She has not changed it. Well, the next thing-- And she knows it's a lie.

She hasn't erased it. She hasn't deleted it. Because she doesn't care that it's a lie. It's just if we can use the troops. Democrats wish to use the troops simply for political purposes. Well, look, you know, it's nothing new for liberals or liberals on the media to do this.

Jake Tapper. These police officers are armed. I remember forgetting that. And, you know, that will be the next thing, right?

Why are we putting guns in the hands of the military?

I mean, if they're going-- if they're going to take this kind of leap, you're just being lazy about it. Wouldn't Gary, if you're going to use it as an argument, as a point of contention, wouldn't you want to look and say, my gosh? Because when you expect with this much stake and lobster,

going only to feed Heggseth and Trump, the media would have a lot of pictures of it. It would be everywhere.

Heggseth would never take his lobster bib off.

Well, but the problem is, Trump would probably rather have McDonald's. Yeah. And they complained about that when he did. Remember on the campaign? You can't believe he said McDonald's.

Remember the campaign? Right. Everything is McDonald's. It's like they're not in the way for the McDonald's order to get to it. Right.

And that's probably-- that's a point of contention, even, with Robert Kennedy Jr. and Trump, he loves fast food. Right. And here's Robert Kennedy Jr. going, we need to get rid of it.

It's bad for you.

Now, the only thing I have an issue with when it comes to the president and stake

is that he puts ketchup on his stake. But hey, it's not my stake. It's his thing put whatever he wants to on it. If it makes him happy, I don't care. I'm just saying don't force me to do it.

Did you see the latest that he's into these shoes, these dress shoes, and he wants everybody to wear them? And the Wall Street Journal had this piece on it. Four Shimes shoes. They're only like 150 bucks.

But he has a preference of these shoes. And everybody feels pressured to wear the shoes now. And it almost comes off as a sign fell episode. Why aren't you wearing the shoes? Or are the shoes?

I'm thinking of the mash episode. Yeah. Where they all got where radar was selling the white shoes. Right. Everybody buys and so the general comes in and they're all wearing.

I think it's the white shoes or pink shoes.

Yeah. Yeah. Back along. Do we mention mash twice today? Hmm.

And the other time I mentioned it was because, you know, the, the, the liberals probably believe that all the troops are fed like the, the complaint you heard on mash. Right.

And because the food was always terrible there.

Right. Yeah. I mean, it's legendary if you go back to, you know, my father talked about it. And my father-in-law talked about it. Go back to the child hall.

Oh, a child hall. My father-in-law, by the way, said he didn't have any complaints. Well, too. When you're up, when you're up, that close to the line, whatever. But they had got when you're in country and they're,

you're covering on the, and the mash was close to the line. But yeah, they had cooks in a kitchen and everything else. That might have been slightly exaggerated. Yeah. Right.

Yeah. There's, look, um, there's this, I don't know. It, it seems like they're really going out of their way. Here to bring these stupid things to the surface. I don't know how you don't because I'd be afraid.

But God has been doing this for a long time. And if I saw those numbers, I'd say to myself, look, at least Google it.

Yes.

You know what I mean? It's not that hard.

But you only have to work too dumb.

But this is what we get back to.

The Democrats don't feel the need to do it because they believe the people that vote for

them that their base are a bunch of idiots that fact checking isn't necessary. You don't have to ever get anything right. And now they've taken it in the last month of the point. We're not only, uh, people that vote for a stupid, but now whether it's new some or Bernie Sanders.

Well, uh, exactly my problem.

We're all a bunch of idiots. Yeah.

Exactly my point on them keeping this up.

They might just keep this going for this, this one thing. You can't you believe tomorrow. It'll be $1 trillion per stake in lobster. And they age it all. That's right.

themselves in one weekend in one weekend.

We're right. I radio.

Coming up more with Gary McNamara and Eric Harley.

It's what I radio. He's there running. I'm Gary McNamara to end this hour. This is a perfect story from the Guardian UK. Meet the Americans withholding their federal income tax to protest against Trump.

I'm not paying my federal income taxes this year. Rachel Cohen declared in a recent Instagram video. They received more than 140,000 likes. The 31 year old lawyer in Chicago plans to put the 8,800 she owes in the, uh, to the federal government in a high yield savings account.

She said she doesn't want to fund the wars in Iran and Gaza or immigration agents to tain in her neighbors. Everybody's telling her Rachel won't do it. It's illegal. She said, well, I'm a competent attorney.

Yeah. Good luck with that. No, you're not. Otherwise, I wouldn't put it in a savings account. You're going to need a competent attorney.

It's what you're going to need. See you soon. On Westwood One. See you soon. (upbeat music)

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