The link is below, and we had one go out earlier this week, and you don’t want to miss that. So, let’s go check out the scanner that makes it impossible to steal from Santa Club. This is exciting. Here’s something for you in the store. This is free Oscar. This is a sample provider for a better nut bar. Now, it’s not giving out samples right now, but this just got rid of an employee, guys. So, once again, scan your own merchandise and put it in the separate cart. And… Very easy. Now, we had 10 items, and now we’re going to go through the scanner that’s going to count our items.

Now, we have all the merchandise in the bag, everything that we’re getting, and this thing will count. So, let’s see what happens. Okay, so this thing’s pretty cool. We know we have 10 items. We have 10 items here. As you walk through here, it scans everything and counts it, again. So, it knows if it goes off or something that’s not accounted for. And then they still have the gauntlet you walk through, but this is going to eliminate shoplifting. And the employees say they love it because they’re not chasing people. They don’t have any issues. It’s just very, very cool.

And how are you? Thank you, sir. Well, thank you very much. Have a nice day. Okay, so that’s it, guys. The end of it, the end of shoplifting, as we know it, it’s never going to happen. So, let me know if you like this or not, guys. There’s a lot more to cover in this video, but man, oh, man. So, I want to thank David for inviting me out here for this because it’s very cool. So, hope you guys enjoyed this, but that right there, when you have the receipt, it’s just going to eliminate any possibility of you sneaking something out.

You have it in your pocket, that thing’s going to catch it. Well, the numbers are in for the fourth quarter, and as far as finances are concerned, we’re upside down, guys, big time. Think about this. Total household debt rose $93 billion, so a total of $18.04 trillion for 2024. That’s all of our average household debt combined with that. Credit card debt soared, you know, another $45 billion to $1.21 trillion. Unbelievable. And it’s going in the wrong direction. The thing I love about this is that this Fox article was talking about how great, how resilient, how strong the average consumer is.

We’re doing great. We don’t have any money hearing debt to your eyeballs, but hey, we’re doing great as a 10. The delinquency rate, which is bad, went up another one-tenth of 1% to 3.6%, which is bad. The problem with delinquencies that are defined as 90 days or more have grown substantially. Again, guys, how can you sit there and tell everybody we’re doing great when people are just getting it right now? It’s terrible. It’s absolutely terrible. You know, the big problem right now is car loans. As household debt goes up, auto loans are the ones that are really behind, because people are starting to see deluxe, which is the lines of credit.

They’re starting to see second mortgages, student loan debt, which Joe Biden got turned down again on writing that off. And again, nobody sits there. It didn’t make a lot of news, too, which I thought was really crazy, because, you know, we’re going to give you all this stuff, and it just didn’t work. And you lied, lied, lied, lied, lied, lied, lied again. So these people have to pay this, which is horrible, because they had a glimmer of hope that they were going to get out of it. Now, the auto loan problem is that because interest rates have got up so much, you’re seeing a decline in auto prices, which is creating a vacuum of people losing vehicles, people behind, people driving things with negative equity.

We talked about that, and nobody wanted to hear that. But again, you know, these shifts in the economy, used car prices have declined from their peak. I mean, all this stuff is a great article below, but it’s just talking about how, you know, the people that have auto loans are upside down. And then the number of bankruptcies in the last quarter was only 123,000, so that’s less than we thought compared to the 118,000 from the previous quarter. So again, that’s bad news. So the next thing is State Farm is the largest insurer here in California.

They just got denied an increase of 22%. We have to charge 22% more to these homeowners, so we’re not going to make it. Now, they got denied. LA County got denied. So what happened? They step forward and say, because listen, forget that, we’re going to pull out of the state. We represent 20% of the homeowners, and we will walk. They’re thinking about pulling everything. I can’t imagine them pulling auto, and I have auto insurance. I can’t imagine that they would just ditch everybody and completely leave, but they’ve already made it a point that they won’t write in any policy.

That’s where that’s at. So, you know, I don’t feel for these guys at all. You know that. Your premiums have gone through the roof. I’ve gone through the roof. If I have auto pay, and I’m like, is this right? These are my new rates. Wow. So no accidents, no tickets, no fun stuff, and, you know, pan through the roof. So the other thing that’s crazy right now is Tesla doesn’t want you to bad mouth on it. They took a woman to court in China, sued a woman in China for $23,000 because she said that her brakes failed.

And hey, no, no, no, no. You can’t say that. You can’t say that about it. This is why I didn’t know that companies like this were doing this. A $1.1 trillion company is out suing the common man to sit there and say, don’t say anything bad. But when you read this article from Motor Biscuit, I mean, it’s great because it talks about how Tesla will go after you for defamation for anything. If you’re a blogger and if you are any media outlet, if you criticize the company, think about this. I used to call Elon Musk the PT Barnum of the auto industry.

I mean, come on, guys. I mean, don’t send this to Jamie Dimon because Jamie Dimon, man of the people, I’d be in a penitentiary if that guy ever got a hold of some of my stuff. You can’t criticize. See, this is where it gets the loonie, guys. And to sit there and what happened to your Tesla? Well, my brakes feel, oh, you can’t say that. Don’t post it on Facebook. What’s Chinese Facebook like, too? You know, it’s kind of crazy. So everybody’s in debt. Nobody can complain. You know, it’s all your fault.

That’s it. Don’t say anything. Pay your bills, okay? Come on, guys. We live in a world where you can only complain so much to yourself. A couple more things in the automotive news department that are kind of interesting. Ford, we talked about them, how they’re anticipated to lose another $5.5 billion in their EV cars. But overall, Ford could lose, in the next year and a half, $15 billion. That’s a great company to be buying stock in that. Unbelievable. When do you ditch this stuff? When do you ditch it? They’re trying to overturn California’s mandate to get rid of gasoline-powered cars by 2035.

So they may do that. Nissan, you know, was going to merge with Honda. Then they’re not. Now they are. They’re not. They’re not. Well, they’re worried about the Keras in Mexico. So they want to move production to the United States. So wouldn’t that be wild if Nissan’s got built back here in the States again? Who knows, guys? Who knows? So, I mean, you’re seeing a lot of the stuff that’s coming back and forth. The people, the threat of the Keras that haven’t happened yet are enough to make people move. Speaking of moving, Colonel Harlan Sanders, Colonel Sanders, you know, Kentucky Fried Chicken, when we were kids, Kentucky Fried Chicken is not in Kentucky anymore.

They’re moving to Plano, Texas. And the people in Kentucky are furious at us. This is terrible. You need to maintain, you know, your role here in Kentucky. Well, no, the taxes are too high, guys. I want to get rid of Kentucky taxes. So they want to move production and their corporate office to Plano, Texas, and they’re going to move 100 people in the next 90 days. So, wow, guys. I mean, you know, you’re going to see things like this that it’s just dollars and cents. And with that, you know, Kentucky Fried Chicken is no longer in Kentucky.

Read the article below because I’m thinking, okay, Kentucky is going to make some compelling arguments to keep them here. And it was nothing other than complaining. So complaining didn’t work. So let me know what you think about this stuff so far. I’m going to need a cheat sheet for this one. Think about this. Do you think that people change their shopping habits because of political views or they hear a negative story and say, you know what, I’m not going to go there anymore? How about yes? How about 4 in 10 have said since the first of the year, 4 out of 10 Americans have said that they’ve changed their shopping decisions based on, you know, politics and things.

Listen to these stats because it’s just, again, just 31% of Americans reported having no interest in supporting the economy at all. I’m done, bye. You know, live off the land. A sentiment especially felt by younger, Gen Z, 37%. Black, 41%. White, 28%. Democratic consumers, 35% versus 29% independents and 28% of the Republicans say that they’re not participating. A quarter of the response have even stopped shopping at their favorite stores because of politics. Isn’t that wild, guys? I’m not going to support you anymore because of how you voted. You know, most recently you’ve seen the backlash at Target.

You’ve seen it at the seventh largest retailer in the world and January Target announced it’s ending some of its DEI programs which infuriated a lot of people but made others happy. So isn’t that wild? Now, final, final story to end this video. I want to remind you guys, we have a private channel called iAllegedly Live where we share things that you can’t see other places. We sign up at iAllegedly.tv and so many of you have and we basically, content goes out there almost every day and that was pretty cool.

Final story is Guy Fieri, my favorite chicken sandwich guy and for those of you that saw that video, I’ll leave a link to that below. He had his Ferrari stolen in San Francisco, brought it in for service and this kid, Max Wade, did like a James Bond type thing where he broke through the ceiling, repelled down and stole this yellow Ferrari and didn’t just steal it, drove it around for a year. Basically, it was his own, you know, and this is how ridiculous the San Diego, San Diego, San Francisco police are, was that they let this kid do this and the thing was spotted on the Golden Gate Bridge, Embarcadero, all these different places that, you know, people were like, hey, we saw your car again.

It would end up on security cameras and he ended up settling with this insurance company and getting a check but this kid then went on a crime spree and did some nefarious things. He got charged with felonies but wild guys, this guy went to town for a year and you couldn’t find the stolen car. I’m telling you, a loadjack, you spend a 300 grand on a vehicle, loadjacked that then, guys, do something. Put an air tag in it, do something so you know where the thing’s at. So, again, hit the like button, subscribe to the channel.

Let me know what you think about this. This is the stuff that blows me away. What did you think about the scanner? I’m telling you guys, this is gonna revolutionize shopping. It’s gonna make it so that you can’t steal. It’s also gonna make it and put people out of a job. The AI programs that are coming out there and the future of AI is gonna make it so that you’re gonna have a lot less people working. When they don’t have to give out samples, you wanna sample, swipe your card. What it’s gonna do is it’s gonna open people up to getting hit up for advertisements.

It’s gonna be crazy when they do that. So, like, subscribe, email me hello at IAllegedly, and join the email risk program. Okay? I’ll see you very soon. [tr:trw].

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