Episode Transcript
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Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it will have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.
Speaker 2 (00:16):
Don't doubt me. Not since Don Quixote was taken out
windmills have windmills been hurting to such a degree. But
we told you so, We told you this was dumb,
dumber and dumbest. That's okay, it doesn't stop, doesn't stop
these wizard of smart elites. And again, hey, listen, a
(00:36):
lot of people made a great deal of money off
these windmills and moronic green ideas that made no sense whatsoever. Hey,
it was money out of your pocket, money out of
your poets. Again, you're paying more for electricity due to
this nonsense. They took your money to subsidize these businesses.
But anyway, neither here nor there. Ah. Yes, European Energy
(00:59):
Company BP, Yeah, they're they're getting rid of their onshore
wind business, US onshore wind business. It wants to concentrate
on its core oil and gas business, hence the name
British Petroleum YEP, along with its competitor Shell scaling back
(01:22):
on their green initiatives. Yeah, we believe the business is
likely to be of greater value for another owner and
wants to get rid of it. Again, Were's VP stock
right now a two year low, two year low. I mean,
you got a world that is in desperate need of energy,
(01:46):
desperate need of energy, and their stock is at a
two year low. I said this many many moons ago.
I don't understand why these oil companies, rather than doing
the stupid windmills the crap, why don't they get more
involved in investing in nuclear story out yesterday Oracle. Oracle
(02:08):
recently said that it's going to be building a data
center that uses one gigawatt of power.
Speaker 3 (02:16):
Again, Doc Brown, one point twenty one jigawatts, one gigawatt
of power, that's enough to power seven hundred and fifty
thousand homes a data center.
Speaker 2 (02:29):
How are you going to do that with windmills? You
do the windmills? Are you? No? You're not unless you
want the entire country fieled with these things chopping up
birds will chop suey here, there and everywhere. Again, you
take a look at the money that these companies have lost.
(02:51):
The money that they have lost.
Speaker 1 (02:53):
It is.
Speaker 2 (02:55):
Beyond the pale. Okay, the things that they've had to
write off over the years. Again, we have we have
great techtile we hate Again, You're starting to see the
modular reactors. They're fantastic. Why don't you head in that direction?
Why don't you in that direction again? I'm starting to see.
I'm happy to see this. I'm starting to see, starting
(03:18):
to see for the first time ever, you know, the whole,
the whole nonsense with the solar and the windmills. I'm
starting to see a break. Thank god. Watchdog on Wall
Street dot Com