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Speaker 1: Hillary Clinton making any comment about Trump making changes for

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Speaker 1: the White House and adding the ballroom is hysterical. Hillary,

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Speaker 1: what did your husband do in the White House with

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Speaker 1: Monica Lewinsky. Additionally, when you guys left the White House, oh,

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Speaker 1: you stole hundreds of thousands of dollars of furniture and

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Speaker 1: other items from the White House. You have no room

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Speaker 1: to talk.

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Speaker 2: Hill Man, Why does Alexa have to be so hard

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Speaker 2: on Hillary? She's so mean, she's so mean. I mean,

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Speaker 2: it's the red hair. Is that what it is? Yeah?

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Speaker 2: Probably poor Hillary. That's why we like him though. Exactly. Meat.

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Speaker 3: Yeah, we're gonna talk about meatbacking insert joke here. Let's

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Speaker 3: first think backwards about you go to King Soupers or Safeway,

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Speaker 3: or to the Whole Foods or Trader Joe's wherever you go,

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Speaker 3: and you pick up a package of hamburger or a nice,

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Speaker 3: really bone in rabbi or a really nice tender fillet.

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Speaker 3: Where do you think that came from? Oh, it came

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Speaker 3: from a rancher. That's right. It came from a rancher

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Speaker 3: or a farmer who had some cattle on the farm somewhere.

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Speaker 3: But if you think that, you left out everything in between.

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Speaker 3: Some ranchers and farmers send their cattle before they go

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Speaker 3: to market, They send them to a feed lot to

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Speaker 3: fatten them up, to get them ready to be sold,

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Speaker 3: and then they get sold, and then they get processed. Now,

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Speaker 3: the beef that I buy comes from some some guys

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Speaker 3: that raise cattle down in Elbert County, and they use

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Speaker 3: a local processor and the processor down there, which you know,

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Speaker 3: obviously to for them to stay in business, they have

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Speaker 3: to do a lot of game processing too. So the

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Speaker 3: whole process, you know, pretty much anything including maybe some

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Speaker 3: bodies you want to get rid of it. They might

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Speaker 3: do that too. I don't know, I've never asked. Maybe

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Speaker 3: I should crag. We might have a new place to

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Speaker 3: get rid of some of the bodies that we keep

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Speaker 3: stored over there in the storeroom that or in one

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Speaker 3: of the offices that nobody uses, you know that we

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Speaker 3: stuff in those cabinets that nobody ever opens. We can

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Speaker 3: take We could take those bodies out and having process

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Speaker 3: down in Elbert County.

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Speaker 2: The modern meat packing industry is.

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Speaker 3: Dominated by four four companies, Tyson, JBS, Targill, and National Beef.

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Speaker 3: Those companies control somewhere between just being conservative eighty five

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Speaker 3: percent of US beef processing, that's pretty much a cartel.

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Speaker 2: When you've got on.

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Speaker 3: The low end, fifteen percent is done by like little

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Speaker 3: guys out in Albert County or maybe some other mid

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Speaker 3: sized companies. But I bet that most of the beef

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Speaker 3: that you pick up, I don't care how it's labeled.

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Speaker 3: I don't care what it says on the package. I

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Speaker 3: don't care what it says, it was processed by one

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Speaker 3: of those four giant companies, Tyson, JBS, Cargill, and National Beef.

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Speaker 3: And my point is, despite hundreds of brands on the

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Speaker 3: grocery shelves, when you actually go pick up whatever piece

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Speaker 3: of meat you're buying, most of that meat traces back

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Speaker 3: to those four firms. And they have grown massively through

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Speaker 3: very aggressive mergers and acquisitions, which really started full force

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Speaker 3: back in the nineteen eighties. And why was that, because well,

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Speaker 3: we can anti trust enforcement. We just kind of let

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Speaker 3: it go and we didn't sit back and say, wait

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Speaker 3: a minute, we're kind of letting a monopoly develop here.

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Speaker 2: So how does that influence beef prices?

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Speaker 3: With so few buyers, those companies set the price for cattle,

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Speaker 3: and they squeeze the ranchers who have to accept the

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Speaker 3: lower prices or what they risk not selling their stock.

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Speaker 2: That's why.

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Speaker 3: I know you've seen the commercials. You've either seen the

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Speaker 3: ads on television. We used to have one that was

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Speaker 3: that we advertised for here on this program, although he

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Speaker 3: was more of a retailer. But a lot of ranchers

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Speaker 3: actually do direct to consumer sales. Why well, one, it's

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Speaker 3: it's a niche market, but they can advertise all of

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Speaker 3: the advance. You know, we name our cows. We know

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Speaker 3: the name of every single one of them. We don't

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Speaker 3: give them antibiotics. They're grass fed. Look at the beautiful

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Speaker 3: ranch they're raised on. They're raised down you know, outside Wallsenburg,

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Speaker 3: some way out by Westcliff in a beautiful area. And

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Speaker 3: you know this, this is the meat that you're eating.

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Speaker 3: It's it's really good marketing. But the ranchers that don't

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Speaker 3: do that, they have to sell their cattle to those

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Speaker 3: four buyers and they and they squeeze those ranchers lower

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Speaker 3: the prices, and then the rancher if they don't, if

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Speaker 3: the rancher doesn't accept that lower price, what do they do. Well,

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Speaker 3: now they've got all of this, they've got this cattle.

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Speaker 3: They can't let the cows grow too old. I mean,

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Speaker 3: there's just there is like a wine, there's a certain

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Speaker 3: age at which that beef is at its optimum, and

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Speaker 3: that's when you want to sell it. So if you

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Speaker 3: don't sell it to one of the Big Four, you're

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Speaker 3: kind of screwed. Now, the Big Four have been accused

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Speaker 3: and sometimes actually sued for intentionally slowing down production or

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Speaker 3: they will actually collude and coordinate purchases to keep supplier lower.

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Speaker 2: Than demand warrants.

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Speaker 3: And they do that by running plants at or above

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Speaker 3: design capacity. That raises labor and maintenance costs, and then

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Speaker 3: in time to type supply, those companies will bid less

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Speaker 3: aggressively or less aggressively for cattle and that keeps raw

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Speaker 3: cattle prices low. That strategy alone increases the spread between

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Speaker 3: what they pay for cattle and what they sell the

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Speaker 3: meat for. There have been a lot of lawsuits. You

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Speaker 3: can go to Courthouse News and find all of lawsuits

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Speaker 3: that allege collusion and price fixing among those companies coordinating

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Speaker 3: both what they pay cattle suppliers the ranchers, and the

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Speaker 3: rate at which meat is then sent to the retailers.

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Speaker 3: They can agree overtly or covertly to buy less cattle

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Speaker 3: and push down bids, ensuring that everybody in this oligopoly

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Speaker 3: maintains their profit margins without undercutting each other. This is

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Speaker 3: going on all the time. You want to bitch and

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Speaker 3: moan about Big Pharma, what you really ought to bitch

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Speaker 3: and moan about is Big Beef. Their contracts with suppliers

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Speaker 3: are often opaque. They keep prices in terms hidden, and

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Speaker 3: it makes independent verification really incredibly difficult. So consumer prices

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Speaker 3: stay hi. The ranchers, meantime, are getting screwed. So the

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Speaker 3: spread between farm wholesale and then the retail meat prices

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Speaker 3: that continues to widen. Retail for consumers continue to rise

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Speaker 3: even when raw cattle prices fall or stagnate. And whether

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Speaker 3: those raw cattle prices fall because of true market conditions

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Speaker 3: or because of the meat packing car taels colluding to

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Speaker 3: force those prices down, what does that mean? Well, that

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Speaker 3: means it's the Big four able to capture a larger

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Speaker 3: portion of the overall profit as the gap between what

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Speaker 3: they pay and what you pay continues to get wider

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Speaker 3: and wider.

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Speaker 2: There are some.

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Speaker 3: Independent watchdogs, and there's some government data that shows that

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Speaker 3: during periods of high beef prices. The consumer shares a

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Speaker 3: relatively minor proportion of the causes. Most of the hike

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Speaker 3: in prices is captured in the margins that are controlled

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Speaker 3: by the meat packers. So are they keeping Are they

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Speaker 3: keeping prices high? I think that the This is not

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Speaker 3: a criminal trial, so I don't have to prove it

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Speaker 3: beyond a reasonable doubt.

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Speaker 2: This is a civil case.

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Speaker 3: I'm making a civil argument here, so I've got to

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Speaker 3: prove by the preponderance of the evidence, just more so

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Speaker 3: than not, that I think this is true. I think

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Speaker 3: that they are keeping prices higher because with limited competitions,

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Speaker 3: these few companies can do the following three things. One,

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Speaker 3: they can manipulate how much meat gets processed. What does

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Speaker 3: that mean? That means that they can actually control the

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Speaker 3: supply that gets seen by the consumers. So if you

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Speaker 3: go to the market, you go to the grocery store,

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Speaker 3: and there doesn't seem to be quite you know, sometimes

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Speaker 3: the beef refrigerators are just packed full. Now I know

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Speaker 3: that sometimes it's just because it's been a busy week

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Speaker 3: and they have restocked. But if you look behind the

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Speaker 3: curtain at the grocery store, there's not enough much left

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Speaker 3: behind the curtain to put out front for you to

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Speaker 3: pick up and put in your grocery cart.

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Speaker 2: Why is that?

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Speaker 3: Because the supply is being controlled by the meat packers,

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Speaker 3: then I would argue that they actually fixed prices among themselves.

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Speaker 3: They don't do competitive bidding. In fact, they avoid competitive bidding.

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Speaker 3: Why why Well, that would otherwise lower the costs for

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Speaker 3: the stores, lower the cost for the consumers, and lower

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Speaker 3: their profit margins. The meat packing sector is a text

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Speaker 3: book oligopoly. They've used consolidation, they've used control of supply,

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Speaker 3: they've used anti competitive practices, and these companies have the

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Speaker 3: power to keep both the price paid to the ranchers

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Speaker 3: artificially low and the price charged to the consumers artificially high. Well,

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Speaker 3: we're the regulators where you know. We we want free markets,

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Speaker 3: but an oligopoly is not a free market. So where's

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Speaker 3: the free market? Or don't we have regulators in place

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Speaker 3: that would say, wait a minute, what you're doing here

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Speaker 3: seems to be verging on a monopoly, for verges on collusion,

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Speaker 3: verges on price fixing.

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Speaker 2: What's going on?

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Speaker 3: Well, to be as objective as I can, and honestly,

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Speaker 3: I'm not very objective about this, the regulatory responses, such

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Speaker 3: as USA USDA rule updates. They try to fight back,

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Speaker 3: but the market remains deeply concentrated and it's really resistant

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Speaker 3: to true competition. Been a lot of articles in the

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Speaker 3: Hill about that this may be, this is This is

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Speaker 3: pure speculation on my part. I think that the regulators

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Speaker 3: had to some degree been captured by these big meat

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Speaker 3: packing companies. Go back to the names. If these names

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Speaker 3: don't mean anything to you, you're not paying attention. Tyson, JBS, Cargill,

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Speaker 3: National Beef. Now I did not for the purposes of

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Speaker 3: this segment. Go in and see what kind of campaign

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Speaker 3: contributions they were making.

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Speaker 2: I don't know.

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Speaker 3: Maybe they are, maybe they're not. I haven't really researched

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Speaker 3: debt in depth to find out what kind of revolving

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Speaker 3: door there is between the USDA and the inspectors and

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Speaker 3: some of their regulators and these four big companies. But

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Speaker 3: I would bet you I would certainly speculate that there's

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Speaker 3: a revolving door there. So they've been able to actually

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Speaker 3: capture their own regulators. So everybody's turning a blind eye.

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Speaker 2: Tobe if.

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Speaker 3: The evidence suggests that they're keeping the prices higher with

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Speaker 3: limited competition, what can they do. They can manipulate how

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Speaker 3: much meat gets processed. They can control the supply that

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Speaker 3: you see at the grocery store. They can fix the

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Speaker 3: prices among themselves. They can avoid, as I said earlier,

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Speaker 3: the competitive bidding that would otherwise lower costs for the

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Speaker 3: stores and ultimately for the consumers. Then they do this,

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Speaker 3: they'll structure contracts with large retailers so aggressively that even

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Speaker 3: companies like McDonald's find it difficult to leverage lower prices.

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Speaker 3: Even a gigantic corporation as huge as McDonald's is has

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Speaker 3: a hard time because they need a lot of beef

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Speaker 3: to sell a lot of big macs, and so they

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Speaker 3: too are subject to these higher prices. So McDonald's has

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Speaker 3: to figure out a way. In fact, they're trying to

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Speaker 3: do it now. McDonald's trying to figure out a way,

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Speaker 3: how can we bring back a value meal, How can

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Speaker 3: we bring back or lower some cost to lower the

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Speaker 3: cost of the overall cost of a meal at McDonald's,

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Speaker 3: while we're paying a higher price for the beef that

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Speaker 3: goes into the one thing they sell the most, which

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Speaker 3: is a hamburger. That's why I say this is a

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Speaker 3: textbook oligopoly, consolidation, control of supply, anti competitive practices that

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Speaker 3: keeps the price paid to the ranchers low, the price

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Speaker 3: charged to you as a consumer, whether you as a

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Speaker 3: retail consumer or you're a wholesale consumer like McDonald's, he

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Speaker 3: keeps those prices high. Why does for examp sample, why

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Speaker 3: does for example, I'm trying to think here, why does

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Speaker 3: giving so much Why does consolidation give so much pricing

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Speaker 3: power to the meatpackers because it allows them to do

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Speaker 3: all those things I just described, opaque contracts, price collusion,

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Speaker 3: price fixing. If you will, we could change this with

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Speaker 3: regulatory action, But it seems to me that the farmers

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Speaker 3: and ranchers are pissed off because, at face value, the

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Speaker 3: easiest thing to do is, oh my gosh, you're importing

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Speaker 3: more beef from Argentina. No, as I said earlier in

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Speaker 3: the last hour, what we're doing is we're replacing Brazilian

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Speaker 3: beef with Argentine beef. So it's not that we're increasing

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Speaker 3: the imports. We are making a strategic decision to help

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Speaker 3: an ally at the same time that we're trying to

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Speaker 3: punish someone that can be perceived at least as an

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Speaker 3: enemy Brazil, who has too close of ties to China,

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Speaker 3: So the amount coming into the country really hasn't changed,

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Speaker 3: and that price hasn't changed, and they still need that

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Speaker 3: kind of beef to do the blend to create the hamburger,

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Speaker 3: which is the predominant kind of beef that is bought.

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Speaker 3: The fix, I don't know what the fix is. The

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Speaker 3: fix is the Department of Justice, the Anti Trust Division

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Speaker 3: could go against them for price fixing. They could do

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Speaker 3: that their near monopolistic power through these procurement practices, pricing strategies,

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Speaker 3: the regulatory gaps, the legal maneuvering, all of which do

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Speaker 3: face some ongoing investigation and some lawsuits from some anti

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Speaker 3: trust authorities. But until Trump comes out and acknowledges that

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Speaker 3: this is the problem, don't be hoodwinked by the ranchers

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Speaker 3: complaining about imports.

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Speaker 4: Michael, I bought some roast beef at this store, and yeah,

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Speaker 4: it was ridiculously expensive. I bought one of the big

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Speaker 4: main brand prepackaged ones. Frankly, it kind of sucked. So

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Speaker 4: the next time I went to buy roast beef, I

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Speaker 4: bought the Deli slice stuff and at seventeen dollars a pound,

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Speaker 4: it was kind of painful, but it was worth it

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Speaker 4: because it was just so much better.

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Speaker 1: Yeah.

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Speaker 2: I don't know who.

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Speaker 3: Is the wholesaler for that brand, but you really ought

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Speaker 3: to go find out see if it's one of the

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Speaker 3: Big four. I just I don't know, and I don't

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Speaker 3: know because as I say, I don't. I really rarely,

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Speaker 3: if ever, go to the grocery store and buy meat,

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Speaker 3: unless I'm going for Broad's or something, because of you know,

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Speaker 3: because we keep aside to be from the refrigerator or

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Speaker 3: in the freezer. No, we don't be even the refrigerator.

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Speaker 3: We've talked a lot about the law fair going on

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Speaker 3: with Trump. I was going to do this story yesterday

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Speaker 3: but never got to it. But a district court judge

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Speaker 3: the name of Jeffrey Cummings, he was appointed to the

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Speaker 3: bench by Joe Biden, has issued another order. Now best

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Speaker 3: I can tell, this is applicable only to his courthouse,

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Speaker 3: but I'm not quite sure of that, so leave that

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Speaker 3: to further for your own discovery. He has barred US

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Speaker 3: Immigrations and Customs Enforcement ICE agents from arresting illegal aliens

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Speaker 3: inside the Cook County Courthouse downtown Chicago unless they can

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Speaker 3: produce a warrant now I think this is legally and

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Speaker 3: ethically dubious, but it follows a number of arrests that

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Speaker 3: were executed by ice both inside and near several Chicago

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Speaker 3: area courthouses. But Judge wrote this, the fair administration of

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Speaker 3: justice requires that courts remain open and accessible, and that

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Speaker 3: litigants and witnesses may appear without fear of civil arrest.

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Speaker 3: Before I finish, I want you to think about something.

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Speaker 3: Let's just let's let's go to the television first. How

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Speaker 3: many times have you seen in a drama series where

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Speaker 3: you know someone's in a courtroom and you know there's

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Speaker 3: a Perry Mason moment and a witness or somebody it

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Speaker 3: gets off the stand and they've just said something that

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Speaker 3: helps the DA the prosecutor.

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Speaker 2: Prove a crime.

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Speaker 3: And as a walk out of the courtroom, there's a

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Speaker 3: couple of cops and they say turn around and they

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Speaker 3: start reading the miranda rights. Anything you say can we'll

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Speaker 3: be used against you, and they you arrest them right

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Speaker 3: there in the courtroom. We're not in the courtroom, but

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Speaker 3: in the court house. The fair administration of justice, he wrote,

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Speaker 3: requires the court remain open and accessible. I would agree,

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Speaker 3: and that lidigates and witnesses may appear without fear of

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Speaker 3: civil arrest. Why because if let's say, for example, that

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Speaker 3: Dragon's been dragged into criminal court because you know he

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Speaker 3: committed some crime, I don't know what Dragon would do.

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Speaker 3: He's a he's a bliss. He wouldn't hurt a flee.

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Speaker 3: He might beat me up, but he wouldn't hurt anybody else.

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Speaker 3: But Dragon is in court for some legal matter, and

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Speaker 3: he walks out, and he's been sued by iHeart for incompetency,

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Speaker 3: which you know is probably a very legitimate lawsuit that

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Speaker 3: could occur at any moment, And so you know they

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Speaker 3: are trying to find Dragon. So they hire a process

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Speaker 3: server to serve Dragon with a summons for the lawsuit. Oh,

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Speaker 3: I know Dragon's in court at ten o'clock this morning

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Speaker 3: after he finished that stupid Michael Brown show. He'll be

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Speaker 3: there at ten point thirty for his hearing on something.

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Speaker 3: And so the process of her server says, I think

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Speaker 3: I'll just sit on the bench out in the hallway

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Speaker 3: and when he comes out, I'll serve him. Now, I

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Speaker 3: know that's not an arrest, but that can happen too.

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Speaker 3: I think this judge is way out of line here,

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Speaker 3: he continued in his order, One thing seems clear. ICE

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Speaker 3: rousted American citizens from their apartments during the middle of

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Speaker 3: the night and detain them in zip ties no less,

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Speaker 3: far longer than the brief period authorized by the Operative

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Speaker 3: Investigation or the Operative regulation.

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Speaker 2: What does that have to do the thing?

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Speaker 3: I mean, you're talking about something that they raided them

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Speaker 3: in their apartments during the middle of the night. Yeah,

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Speaker 3: oftentimes regular cops, not ICE agents. We'll go arrest a

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Speaker 3: wanted felon or wanted criminal in the middle of the night. Uh.

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Speaker 3: We we haven't even see it. Seen that in the

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Speaker 3: movies Knock knock, knock, or it's a nonde roten no knock.

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Speaker 3: Great and they go bursting through the door and they

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Speaker 3: arrest them in the bedroom. You know, of course, the

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Speaker 3: wife covers up and rolls over, the girlfriend covers up

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Speaker 3: and rolls over, and you know he's standing up there

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Speaker 3: butt naked, and you know, they turn around, you know,

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Speaker 3: can I put some shorts on? Yeah, I'll put some

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Speaker 3: shorts on, but we're gonna put the handcuffs on you first.

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Speaker 3: This judge isn't living reality. His order aims to explicitly

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Speaker 3: prevent ICE agents from making what are called collateral arrests,

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Speaker 3: which even regular cops can do, where Immigration enforcement agents

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Speaker 3: executing an arrest warrant also detain other illegal immigrants illegal

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Speaker 3: aliens that might be present in or near the courthouse. Hey,

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Speaker 3: I got to go to court for some reason. And

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Speaker 3: your buddy, who's also an illegal alien, says, I'll drive

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Speaker 3: you down there.

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Speaker 2: Okay.

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Speaker 3: So that your friend that drove you to the courthouse

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Speaker 3: is sitting out on the bench, ICE comes in, sees you,

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Speaker 3: they've been looking for you, and they arrest you. What

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Speaker 3: authority does this judge have to prevent them from doing that.

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Speaker 3: I don't get it, but I will tell you this.

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Speaker 3: These are judges acting in contravention of the law. I think,

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Speaker 3: acting unethically. And what are they doing. They're substituting what's

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Speaker 3: supposed to be the law with their own opinions about

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Speaker 3: how things ought to be conducted. So here's a Democrat

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Speaker 3: appointed judge threatening that he would back the directive by

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Speaker 3: ordering the arrest of any ICE agent who violates it. Well,

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Speaker 3: that'll be interesting. So you have a federal judge. This

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Speaker 3: is a federal judge. It's a US district court judge

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Speaker 3: who is going to arrest another federal law enforcement officer.

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Speaker 3: I know he's not law enforcement, he's part of the

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Speaker 3: judicial system. Is going to arrest a federal judicial federal

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Speaker 3: judicial office, a law enforcement officer who is outside his

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Speaker 3: courtroom waiting to arrest someone. He's going to have that

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Speaker 3: person arrested. Who's going to do that? The US marshals.

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Speaker 3: That's like when you raid mar Lago and you've got

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Speaker 3: the Department of Justice and the FBI faced off with

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Speaker 3: the Secret Service. We're here to protect the former president. Yeah,

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Speaker 3: well we're here to raid his house. Well, okay, who's

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Speaker 3: going to make the first move? Talking about a Mexican standoff?

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Speaker 3: You got right there now. In response, DHS is obviously

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Speaker 3: defending the actions of the ICE agents, arguing that the

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Speaker 3: courthouses should not be exempt from law enforcement activities. DHS says, quote,

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Speaker 3: we are not some medieval kingdom. There are no legal

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Speaker 3: sanctuaries where you can hide and avoid the consequences for

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Speaker 3: breaking the law. Nothing in the constitution prohibits arresting a

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Speaker 3: lawbreaker where you find them. That is exactly right, Chimney Christmas. Then,

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Speaker 3: in other related news, the several top employers in this

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Speaker 3: country are halting sponsorships for H one B visas for

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Speaker 3: non technical positions after Trump issued that executive ordered back

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Speaker 3: in September imposing one hundred thousand dollars fee on all

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Speaker 3: new visa applications. So to allege I should put the

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Speaker 3: word ledged in here. H one B Visa Mills, Cognizant

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Speaker 3: and Topic Consultancy Services are among the firms that are

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Speaker 3: now moving away from reliance on cheap foreign labor.

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Speaker 2: Do you know what the result of that is.

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Speaker 3: Has had a direct impact on these companies' decisions to

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Speaker 3: move away from reliance on cheap foreign labor and actually

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Speaker 3: going out now and starting to recruit and find oh

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Speaker 3: American citizens who are obviously authorized to work in the

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Speaker 3: US and who have the same skills that they were

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Speaker 3: trying to get immigrants to come here under the H

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Speaker 3: one B visa program, which is supposed to be for

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Speaker 3: highly technical where there's a shortage of those particular types

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Speaker 3: of people or who have unique artistic or otherwise kind

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Speaker 3: of creative services that are missing in this country. They

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Speaker 3: see they're defending the high fee because compared to capacity

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Speaker 3: administrations they're trying to encourage, which seems to be having

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Speaker 3: the effect of forcing these companies to focus on training

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Speaker 3: and expanding the American.

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Speaker 2: Labor force and its.

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Speaker 3: Skill and in fact, last week, the US Chamber of Commerce,

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Speaker 3: representing three hundred thousand corporate interests, filed a lawsuit challenging

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Speaker 3: the one hundred thousand dollars fee. Many members of the

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Speaker 3: US Chamber are bracing for the need to scale back

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Speaker 3: or walk away from the H one B program to

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Speaker 3: the detriment of their investors' customers and their own existing employees. Hey,

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Speaker 3: Chamber of Commerce, why don't you go see first before

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Speaker 3: you file a lawsuit whether there are some American citizens

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Speaker 3: who have the skills that some of your members pay

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Speaker 3: they need an H one B visa four This program

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Speaker 3: has been so abused for Look, don't get me wrong,

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Speaker 3: I'm a supporter of the one visa program, but use

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Speaker 3: it for its intended purpose. Don't use it to find

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Speaker 3: cheap labor.

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Speaker 1: So what do you call it when you have a

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Speaker 1: butt hiccup?

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Speaker 2: We need some explanations here.

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Speaker 3: We leave it to your imagination. Radio theater of the mind,

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Speaker 3: butt breathing and butt hiccups. Democrats, Marxists, But I repeat myself,

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Speaker 3: we're really hoping that Trump's trade policies would drive inflation

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Speaker 3: back up to the Joe Biden levels, and that hasn't happened.

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Speaker 3: Some things remind remained high. I was so excited the

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Speaker 3: other day I went to Sam's and Premium Inlet it

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Speaker 3: was like two ninety three.

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Speaker 2: I went last night it was back to three oh four. So,

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Speaker 2: you know, whatever, whatever.

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Speaker 3: George Stephanopolis tells us that we cannot afford Thanksgiving turkey

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Speaker 3: this year. So George step novelist, decided to have the

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Speaker 3: CEO of Walmart on to talk about how in the

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Speaker 3: hell are people going to deal with a turkey this year? Well, George,

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Speaker 3: you're kind of a turkey yourself. It didn't go too

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Speaker 3: well for George, and let's talk about Thanksgiving.

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Speaker 2: First.

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Speaker 3: Food prices are up, especially turkey, so what are you

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Speaker 3: doing to how customers keep the cost down?

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Speaker 5: Molloy morning, George, it's great to see you. We are

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Speaker 5: really excited about what we have planned for this year

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Speaker 5: at Thanksgiving, and I can't believe it's already that time

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Speaker 5: of year, but this is a time of year when

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Speaker 5: people are busy, they don't want to sacrifice quality, and

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Speaker 5: we want to do all we can to help them

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00:29:37,800 --> 00:29:40,560
Speaker 5: celebrate the holiday anyway they want, and we want to

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00:29:40,560 --> 00:29:41,280
Speaker 5: do it in a way.

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00:29:41,120 --> 00:29:43,040
Speaker 2: That's very affordable with a lot of value.

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00:29:43,120 --> 00:29:44,880
Speaker 5: So I want to talk about a couple of things

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00:29:44,880 --> 00:29:48,320
Speaker 5: with the Thanksgiving basket. You know, first, we started putting

440
00:29:48,320 --> 00:29:51,600
Speaker 5: together this idea of having the entire basket easy to purchase,

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00:29:51,640 --> 00:29:54,560
Speaker 5: easy to assemble, back in twenty twenty two, and this

442
00:29:54,680 --> 00:29:57,440
Speaker 5: year we will have the best prices on this basket

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00:29:57,480 --> 00:30:01,440
Speaker 5: we've had since the program started, down about twenty five

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00:30:01,480 --> 00:30:04,400
Speaker 5: percent from last year, down about fourteen dollars for the basket,

445
00:30:04,800 --> 00:30:05,760
Speaker 5: which puts us.

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00:30:07,440 --> 00:30:13,320
Speaker 3: What my question was, we brought you on to tell

447
00:30:13,400 --> 00:30:16,160
Speaker 3: us how bad things are that people aren't going to

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00:30:16,200 --> 00:30:18,479
Speaker 3: be able to afford a turkey? Do you remember the question?

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00:30:18,760 --> 00:30:20,520
Speaker 2: Let's talk about Thanksgiving first.

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00:30:20,600 --> 00:30:23,600
Speaker 3: Food prices are up, especially turkey, So what are you

451
00:30:23,600 --> 00:30:26,480
Speaker 3: doing to how customers keep the car? What are you doing?

452
00:30:26,880 --> 00:30:28,720
Speaker 3: Turkey prices are outrageous? What are you going to do

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00:30:28,800 --> 00:30:30,240
Speaker 3: to help people want to buy a turkey?

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00:30:30,600 --> 00:30:33,600
Speaker 5: Thirty five percent from last year, down about fourteen dollars

455
00:30:33,600 --> 00:30:36,320
Speaker 5: for the basket, which puts us in a position where

456
00:30:36,320 --> 00:30:39,760
Speaker 5: this basket is just under four dollars a person when

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00:30:39,800 --> 00:30:42,840
Speaker 5: serving ten people. So we have a great basket that

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00:30:42,960 --> 00:30:47,000
Speaker 5: has a mix of our great brands like Butterball, Turkey's.

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00:30:47,040 --> 00:30:49,200
Speaker 5: Our turkey prices, George, are all the way back to

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00:30:49,240 --> 00:30:51,040
Speaker 5: what they were in twenty nineteen.

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00:30:52,720 --> 00:30:59,600
Speaker 3: What George's producer and booking person didn't do a very

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00:30:59,600 --> 00:31:03,560
Speaker 3: good job of vetting this particular guest, the CEO of Walmart.

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00:31:03,800 --> 00:31:05,360
Speaker 2: We'd like to have you come on and talk about

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00:31:05,440 --> 00:31:06,480
Speaker 2: high turkey prices.

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00:31:06,600 --> 00:31:10,920
Speaker 3: Now, the CEO of Walmart, just once, this is a

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00:31:11,040 --> 00:31:13,720
Speaker 3: Native vad This is Walmart being.

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00:31:13,600 --> 00:31:15,440
Speaker 2: Able to go on Good Morning America.

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00:31:16,360 --> 00:31:18,719
Speaker 3: In fact, this says here on the Chiron only on

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00:31:18,840 --> 00:31:23,160
Speaker 3: GMA and talk about his great prices. So whatever the

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00:31:23,200 --> 00:31:27,560
Speaker 3: booking person asked the CEO of Walmart or his press

471
00:31:27,600 --> 00:31:31,080
Speaker 3: person about, hey, this is Good Morning America. Once you on, Okay,

472
00:31:31,080 --> 00:31:34,120
Speaker 3: book me, book me, because once again they don't give

473
00:31:34,120 --> 00:31:38,360
Speaker 3: a ratsass. It shows the disconnect between reality and the

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00:31:38,400 --> 00:31:39,360
Speaker 3: mainstream media.

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00:31:39,440 --> 00:31:41,120
Speaker 2: Spent ninety seven cents a pounds, so.

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00:31:41,160 --> 00:31:44,120
Speaker 5: We're really excited about the progress. I was really impressed

477
00:31:44,120 --> 00:31:46,400
Speaker 5: when the team brought me this. It was better than

478
00:31:46,440 --> 00:31:48,760
Speaker 5: I expected. So we're looking forward a great holiday season.

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00:31:49,320 --> 00:31:52,400
Speaker 2: Yeah, hey, George, get real