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 we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst and trader.
Speaker 2 (00:14):
Chris Markowski, young leftist voters and grasshoppers and ants. I
gotta read my titles here. Mayna be like, what in
the world is Markowski talking about? Anyway? Andy Cusser big
fan of Andy's columnists over at the Wall Street Journal
opinion piece today, Why do the Young Vote Left? And
(00:38):
I saw the column, I saw the title of the column,
and I'm looking forward to reading it, and it instantly
came to mind. Was the scene in The Godfather where
Vito and Michael are sitting down and having a conversation
and Vito's getting older and you reminded Michael you know
(00:58):
about something twice and he's like, yeah, you told me already,
and he's like, you know, basically telling him you know
about being responsible. Tell him I have been responsible. He says,
you can't be careless. Women and children can be careless,
but not men. And I instantly that scene pomped into
my head when I saw this, Why do the young
(01:21):
vote left their children. Okay, they're eighteen years old and
they don't know what they don't know anyways, Column Fifty
seven percent of eighteen to thirty four year olds prefer
Kamala Harris. Why do our youth gravitate toward progressive idealism
(01:43):
and a nanny state? Is it sloganeering like a new
Way forward or opportunity economy? Nah says Kesler's the gifts.
It's the progressive vibe is that big government will take
care of you. It knows what's best for you. It
will redistribute money how it pleases. You need to put
a smile on your face while it takes away your laurels, guns,
(02:05):
and money. We believe in the collective, Miss Harris declared,
much like Hillary Clinton's it takes village handouts for all.
You want proof, we'll take a look at Kamala Harris's
voting record in the Senate. It is further left than
Bernie Sanders, tim Wall's vice presidential candidate. What he said
(02:28):
about China, everyone is the same and everyone shares. Yeah,
let's all put on our chagu of our shirts, right.
This is anti freedom too. Many of today's youth fall
in line with progressive because they're under educated and over
indoctrinated with someone else's agenda. Yeah, it happens all the time,
(02:49):
not to mention the fact they waste time and classes
on nonsense rather than teaching kids what's truly important. Profit
forget about it. No, no, no, give me, give me,
gim me. Okay, you got to give me student loan forgiveness.
I want free healthcare. I shouldn't have to pay for
my college education. Give me tax credits. Guess lass, Who's
(03:12):
to blame? Misguided capitalism, hating social studies teachers to start
Tim Wolsey and thinking one person socialism is another person's neighborliness.
Who hell is a mister Rogers? And of course like
minded professors, work, ethic and ambition are evaporating. And again
(03:34):
this is something I've lamented a long time as well.
In regards to government policy. You know the idea that, oh, yeah,
you gotta get student loan forgiveness if you get a
job for the government, or or you work for a nonprofit,
like that's something to take You work for a nonprofit,
(03:55):
you know, go volunteer at a nonprofit. How about that?
But go volunteer for a nonprofit. That's what I've always done.
But get yourself a real job and actually go out
there and build and create something anyway, Back to Kessler,
Pew Research notes almost a third of currently childless eighteen
(04:16):
to thirty four year olds aren't sure if they ever
want children. Why well. The Harris Campaign's Climate engagement director
Camilla Thorndyke, is among the hesitant, telling The Washington Post,
I want to protect them from suffering. Perpetually pessimistic progressive
procrastinations induce fear, no wonder US fertility rates are at
(04:38):
historic lows. Guesser's conversation with young folks who do exhibit
some actual drive show their confusion. I want to do
a startup great to do what sustainable something or other
to save the planet. Okay, is it productive? Do what's that?
(05:01):
Does it scale? Huh? Will it do more with less? Not? Really?
It needs a lot of money to keep going and
save more of the world. Sounds like a non profit anyway.
Progress and societal wealth happen when you make customers happy
and you build things and create things that they want,
(05:24):
and you drive prices down and you build a better
mouse trap and people beat a path to your door.
That's how the world works. And you tell that to
kids and look at you with this lost look on
their face. Kesser says that the youth aren't lazy, but
they're lost. Progressive have strong opinions about society, but no
(05:45):
viable solution beyond handing out other people's money taken from
the few who actually are productive drive progress, generate wealth
by fulfilling customers needs. It's a downward spiral. Progressive tax
screaming fair share, they cripple the productive few actually create
(06:05):
the real, non burger flipping, get out of your parents'
basement jobs. Too aggressive Progressives government is simply a magic
money tree. Vote left and dollars appear the gross and
competence of government. Think billions for eight electric vehicle chargers
destroyed healthcare, education, and it's close to destroying energy, even
(06:28):
while the Biden Harris administration works hard to destroy big Tech,
one of the frue productive industries. And I'll never forgive
progressive Hollywood for turning Star Wars into unwatchable wokie wookie drivel.
And he talks about what might be standing, and you
know he feels bad for kids that actually do work hard.
(06:49):
There are productive that help to actually actually push for progress.
And again that's when I get to my aunt and
grasshopper again, and popped into my head. I said, didn't
I write a column kind of like this a long
time ago, long time ago? Wasn't kidding? I pulled it up.
Column I wrote back in May of two thousand and two.
(07:12):
The ant the grasshopper familiar with the antigrasshopper. Well, the
classic version, the ant works hard, withering and all summer long,
and the heat and toiling, building his house up, laying
supplies for winter. The grasshopper thinks he's a fool, laughs
and dances and plays the entire summer away. Come winter,
(07:35):
the ant is warm and well fed. The grasshopper has
no food or shelter, so dies out in the cold.
Well this is two thousand and two. I wrote this,
and again it applies today. The modern version. The ant
works hard and the withering heat all summer long, building
his house and laying up supplies for the winter. The
grasshopper thinks he's a fool, and laughs and dances and
(07:56):
plays the summer away. Come winter, the shivering grasshopper halls
a press conference and demands to know why the ant
should be allowed to live. It be warm and well fed.
Well others are cold and starving. And CBS, CNN, and MSNBC,
they all show up to provide pictures of the shivering
grasshopper next to the video of an ant is comfortable
(08:17):
home with a table filled with food. America and the
world are stunned by the sharp contrast. How could that be?
How could it be in a country of such wealth,
This poor grasshopper is allowed to suffer. So then a
representative of the NAGB National Association of Green Bugs, Well
(08:41):
It shows up on Nightline. They had nightline back then,
as Nightline even exists anymore, Well charges the ant with
green bias and makes the case that the grasshopper is
a victim of thirty million years of greenism. Kermit the
frog then appears on the Oprah Winfrey Show in the
View and everybody cries when he sings It's not easy
(09:02):
being green. Bill and Hillary Clinton again this is two
thousand and two, make a special guest appearance on the
CBS Evening News to tell a concern Dan Rather that
they will do everything that they can for the grasshopper,
who has been denied the prosperity he deserves. By those
who benefited unfairly during the Reagan summers, or Bill Clinton
(09:25):
calls it the temperatures of the nineteen eighties. Then you
got Richard get part remember him. He exclaims an interview
with Peter Jennings that the ant has gotten rich off
the back of the grasshopper and calls for an immediate
tax like on the ant to make him pay his
fair share. Yeah, fair share has been around for a
couple of decades and then some Finally, the EEOC drafts
(09:50):
the Economic Equality and Anti Greenism Act retroactive to the
beginning of the summer. The ant was fine for failing
to hire a proportionate number of green bugs and having
nothing to we have to pay his retroactive taxes. His
home is confiscated by the government. Story ends as we
see the grasshopper finishing up the last bits of the
ants food, while the government house he's in, which just
(10:12):
happens to be the ants old house, crumbles around him
since he doesn't know how to maintain it. The ant
has disappeared in the snow, and the image on TV
which the gashopper brought by selling most of the ant's
food is a Bill Clinton standing before a wildly applauding
group of compatriots, announcing that a new era of fairness
has dawned in America. Watchdog on Wall Street dot Com