FEMA Going Out of Business!

FEMA Going Out of Business! www.watchdogonwallstreet.com

Episode Transcript

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):
So is FEMA going out of business?

Speaker 1 (00:21):
Well?

Speaker 2 (00:22):
Homeland Security Secretary Alejandro Majorcis warned that they're running really
low on funds. Quote, we are meeting the immediate needs
with the money that we have. We are expecting another hurricane.
FEMA does not have the funds to make it through
the season. He didn't specify how much money he needed.

(00:48):
You know, let's let's think about this for a second.
Here we've spent well, FEMA spent six hundred and forty
million dollars this year on migrants. On migrants. I got
a list here some things that we the people have
spent money on this year. Twenty four billion four hundred

(01:12):
million to Ukraine, eleven billion, three eleven billion, three hundred
million to Israel, one billion, nine hundred and fifty million
to Ethiopia, one billion, six hundred million to Jordan, one
point four billion to Egypt, one point one billion to Afghanistan,

(01:36):
one point one billion to Somalia, one billion to Yemen,
nine hundred and eighty seven million to the Congo, eight
hundred and ninety six million to Syria, and at least
nine thousand dollars for every illegal immigrant that has entered
the United States. Now, I'll put this into perspective. You

(01:56):
want to guess what people that were affected by the hurricane,
we're getting in total, seven and fifty dollars, seven hundred
and fifty dollars. Boy, were we most certainly as a nation,
have our priorities straight, don't we? Watchdog on Wall Street

(02:21):
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