CNN Panel on Costco Matching Membership Cards with IDs to Enter: ‘Maximum-Security Prison’; ‘East Berlin in 1949’

RUSH TRANSCRIPT:
Wallace: “Speaking of food, next time you go to Costco, be sure to bring your documents. The retailer is now requiring both your membership card and a matching I.d. to get in and they‘ll soon install scanners to speed up the process. As part of an effort to stop card sharing among family and friends since it turns out that‘s the main way Costco makes money they more than from what you buy. The store earned $4.6 billion last year in membership fees from about 128 million people lulu, are you yea or nay, on the new Costco crackdown?”

Garcia-NAVARRO: “100 percent nay. I think this is outrageous. First of all —

Wallace: “It‘s not your card, you‘re taking somebody else‘s membership part.”

Garcia-NAVARRO: “If it‘s among family and friends and also do want to be going into a Costco now and having an feel like you‘re going into maximum security prison. First of all, know, the second thing is, has anyone ever gone into Costco not spent three to $400, just on like bulk candy. I don‘t know anyone like that. You‘re always going in there like that‘s so all of this is, is just a horrible.”

Wallace: “Wait a minute, Jim, because I was surprised to learn that Costco actually makes more from the membership fees which were $60 gang up to 65 on September 1 than they do from all of the stuff that people by. So where where are you on this?”

GERAGHTY: “Because the I.d. check used to be about as easy as getting passed at Walmart greeter. Now apparently is going to turn it to the tsa, your pockets. Let‘s see some I.d you know, all of a sudden we‘re in east berlin in 1949 wow.”