READ THIS FIRST 2/2/2024

GROUND HOGS DAY !!!

Punxsutawney Phil will emerge at 7:28am and let us all know whether we will have an early Spring ..

Boy.. I hope we do .. I may have complained about it before.. but.. I'm up early .. So.. From mid-November thru Mid March .. I get up in the dark, go to work in the dark .. and go home in the dark. I love the holidays.. but.. come mid-January .. it gets REALLLY old living like I am in a cave.

So... I am ready for some SUNLIGHT !!!

To the News

Constitution Shmon-stitution: El Salvador’s president Nayib Bukele is expected to win another term in the vote Sunday despite their Constitution saying (In six places apparently) that he cannot run again.. Bukele is pretty popular because he threw 80,000 gang members in prison ... Some claim he abused human rights .. But, if polls are accurate he might get 85% of the vote...

Roxbury, Mass: Walgreens is closing their store in Roxbury (South of Boston). Ultra left wing wokester Rep Pressley took to the floor to freak out .. and call "RACISM" .. Now, of course it's likely due to theft, other crime, and safety .. But.. Nevermind THAT.. because.. you know.. RACISM !!!

She Bellowed, "When a Walgreens leaves a neighborhood they disrupt the entire community and they take with them baby formula, diapers, asthma inhalers, life-saving medications, and, of course, jobs. These closures are not arbitrary and they are not innocent. They are life-threatening acts of racial and economic discrimination"

"Why was there no community input? No adequate notice to customers? And no transition resources to prevent gaps in health care? Shame on you, Walgreens." she said. ..

Uhh.. Why? Because it's not a government run mess. It's a company.

The "ANSWER" of course is SIMPLE. Change your stupid statutes where the criminals are the victims. Protect the good, hardworking people of your communities by putting the BAD GUYS in PRISON.. Safe streets, local businesses aren't robbed and ransacked, their employees aren't beaten or held at gunpoint... Then the community thrives ...

It's JUST THAT SIMPLE!!!

KENYA: Nairobi: A vehicle loaded with gas has exploded and set off an inferno that burned homes and warehouses this morning..HERE.. in Kenya’s capital, killing at least three people and injuring more than 270, with the death toll expected to rise.

In Da Swamp:

President Biden continues to push HIS TRUTH about the American Economy .. and he blames GROCERY stores for high prices. He (his speech writers and handlers) just doesn't "GET IT" ..

"Inflation is coming down.  It’s now lower in America than any other major economy in the world," Biden said. "The cost of eggs, milk, chicken, gas, and so many other essential items have come down."

"But for all we’ve done to bring prices down, there are still too many corporations in America ripping people off: price gouging, junk fees, greedflation, shrinkflation" ..

He, and his campaign, JUST DON'T GET IT !!!

Simply, Inflation is the rate of increase in the price of something. Deflation is when prices fall .. and Disinflation is when the rate of inflation slows down.

Headlines, reporters, and DEFINITELY politicians GET IT WRONG .. ALL THE TIME .. and the thing is.. for the average American.. the words are meaningless ..

Let's go to ECON 101 class for 30 seconds ...

Eggs cost $3 a dozen ... They go to $6 a dozen (Inflation) then $7 a dozen (disinflation) and the $5 a dozen (deflation) .. When Biden says prices are "down" .. That's what he means.. "It was $7 and now its $5" .. or

Gas is $2.00 a Gallon .. goes to $5 .. then to $3 .. and he says that's DOWN .. but..

Ya see .. To the average American .. Gas was $2 .. and it's off its highs.. but now its $3 .. That is a 50% increase ..

Eggs were $3 and are off the highs but average around $5 (It varies widely by state .. Hawaii they are $9 .. Indiana as low as $4.33 .. and By the way.. The US Govt numbers are WAYYYY offf.. The BLS says the average is $2.51 .. Instacart (which is ACTUAL PRICES) says its more like $5.25 ..HERE...))

So.. Even though its "off the highs" ..$3 to $5 is a 67% increase ..

50% increase in gas .. 67% increase in eggs .. and average income rising 2.5 to 3% a year (depending on which stats you use) .. THAT is what MATTERS TO PEOPLE ..

People don't care about The INFLATION RATE from last quarter ..They care about their household bank account.. and their credit card bill... They are spending WAY MORE of their monthly income on food and gas and other "stuff" than they were 3 years ago.

THAT'S WHAT MATTERS...

SPORTS:

GOLF: Pebble Beach: Thomas Detry leads by one after shooting 63 at Spyglass Hill. Each golfer plays Spyglass and Pebble .. Then Sat/Sunday they are all at Pebble ..

Formula One: SHOCK... SHOCK I SAY !!! ... Lewis Hamilton, a seven-time world champion, stunned the F1 world by preparing to join Ferrari from 2025. The move will end a 12-year run at Mercedes that brought him six titles, 82 race victories, and saw him grow into one of the most successful drivers of all time—he alone holds the records for race wins, pole positions, and podium finishes

CELEBRIDIOTS:

Grammys Sunday .. Ill announce winner Monday ..

Larry David was on the Today show yesterday. After his segment was up Elmo was on the next segment .. Larry came back on set and "assaulted" Elmo... He basically grabbed Elmo's face and told him to "Shut the F Up!!!" .. The hosts pretended to be aghast and said, Larry you've gone too far" and Larry screamed, SOMEONE HAD TO DO IT !!!! ...HAHAHAH.. Larry, you are welcome to come Guest Rant whenever you want ...

Darius Rucker was busted in Tennessee! .. The Hootie & the Blowfish singer was charged with two counts of simple possession/casual exchange of a controlled substance and one count of a violation of the state’s vehicle registration law. .. If I was a manager or rock stars or rappers I would give them a map of the US with states magic markered green or red .. Red means POT IS STILL AGAINST THE LAW !!!

Sports "Presenter" Diletta Leotta ..HERE.. got engaged to German goalkeeper Loris Karius .. who isn't even a starting goalie. How does that happen? Well, he knocked her up and they had a kid.. so.. there you go.. Think she'll keep showing up to work like this ..HERE.. now that she's a mum???

From SeekingAlpha.com

Click .. HERE.. after 8am ET for Market News ..

Regards,

Roger “Raj”  Searingrajsearing@gmail.com"Raj Searing™”, "Read this First™", "@rajsearing™", "TheRantRoom™" and “TheRantroom.com™” are Trademarks of RRRAJ, LLC.  All Rights Reserved-2003, 2008.

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