Episode Transcript
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Speaker 1 (00:07):
Well, no one altered investment banking, consumer advocate, analyst, trainer
Chris Markowski is the Watchdog on Wall Street. Do you
want to answer exposing the lies and myths that the
big brokerage firms, the mainstream press, and the government are
pushing to keep Americans away from financial freedom.
Speaker 2 (00:28):
You can't handle the truth.
Speaker 1 (00:30):
Bringing America the truth about what really happens in the
financial world.
Speaker 3 (00:35):
Ladies and gentlemen. We're not here to indulge in fantasy,
but in political and economic reality.
Speaker 1 (00:39):
This is the Watchdog Wall Streets.
Speaker 4 (00:44):
This is number six, number six. This is my uh
sixth pre presidential election radio show. I got admit my
first one with w W al Gore. I only had
two radio stations back then and have a network at
(01:06):
that point in time. But yeah, my sixth one, and
things changed dramatically. Yeah they have that, without a doubt.
They've changed dramatically. But the country, in my opinion, is
also changed as well, and in my opinion, not for
(01:29):
the better in many ways. Welcome everybody to the Watchdog
on Wall Street Show again, special bit of a special
edition pre election Watchdog on Wall Street Show, and I'm
gonna I'm gonna delve deep into our nation's history, what
this country's all about, and you know, try to compare
(01:51):
and contrast the candidates like we've been doing here on
the program, and you know, just you know, again, I
go after both sides. I go after both sides. So
before warned people, Okay, you know, if you're a super
Trumpster and you think that it's gonna be all candy
canes and lollipops and everything's just grant, No, I'm not.
(02:13):
There's policies of his and things that he's done that
I am not a fan of Kamala Harris. Again, I'm
gonna be honest. I really can't think much of anything.
She doesn't have any track record. But anyway, anyway, I'll
have to talk a little bit about this country, this
bizarro America that we're living in today, and I want
(02:35):
to tie that in with wasted talent, bizarro America. I
came up with this. This was well Obama. Obama just
got elected and he was first two years of his presidency.
He's promising the sun, the moon, the stars, this handout.
That handout that's when the government took over student loans,
(02:57):
making homes affordable. Oh Bama, all of these things all
of these things and people voted for it, right, hoping
and change, hope and change, but no no thought process
involved with the consequences. Whatever. There is a situation, I
(03:21):
want to call it a crisis, whatever it may be.
In this country. You got all the king's horses and
all the kingsmen, all the politicians responding, respawning, and more
often than not, the various different crisises that we have.
But we'll take a look at student loans. So get
we're figuring out forgive student loans right now. That was
(03:42):
a crisis caused by government. These are politicians responding to
the various different problems that they created, doing what creating
more government programs, more laws, more regulations. These programs do
(04:03):
what generate more havoc generate more poverty. Hey, you know
when we get in we up here comes to politicians again,
more programs, and it's downward spiral that we're in. That
that SAPs, that SAPs the resources from the productive sectors
of the economy and the productive area of economy that
(04:27):
they have to deal with these regulations, they have to
deal the weight of taxes, they have to deal with
the burdens that these politicians have caused. Now again I'm
not naive. Okay, people voted for this. We get the
government we deserve. That's that's we get the government we deserve.
(04:50):
You voted for this stuff. You wanted all this stuff
in the in the book Atlas Shrug, which I've I've
talked about before here on the program. You got all
these politicians, relentless wealth redistributors and their their programs, the
looters and their laws, and every every act of government
(05:16):
futility and stupidity carries with it some benevolent sounding title.
The Anti Greed Act to redistribute income. You know, it's
like you know, soak the Rich Bill, and Equalization of
Opportunity Act, and the Dog Eat Dog Act. These are
again you take a look at the crap that gets
(05:36):
thrown down our throats on a regular basis. Take a
look at that. The Inflation Reduction Act.
Speaker 2 (05:42):
What a lie.
Speaker 4 (05:45):
The Inflation reduct it's a joke. We've dubbed the Capitol
Building the Church of unintended Consequences. And again the the
High Priests and Priestess is there, Congress. They do what
they do, They do what they do, and again we
(06:09):
bear the brunt of this. There's a quote quote, and
it's attributed to Abraham Lincoln. I don't know that it's
attributed to him, and I'm gonna get blown back. Well, no,
somebody says it wasn't his. This is what supposedly he said.
You cannot bring about prosperity by discouraging thrift. You cannot
(06:30):
strengthen the weak by weakening the strong. You cannot help
the wage earner by pulling down the wage pair. You
cannot further the brotherhood of man by encouraging class hatred.
You cannot help the poor by destroying the rich. You
cannot build character and courage by taking away a man's
(06:51):
initiative and independence. You cannot help men permanently by doing
for them what they could and should do for themselves.
We have been blessed, Okay, we've been blessed. You know.
One of the things that each and every one of
(07:12):
us should do when we wake up in the morning is,
you know, get on our knees and thank God for
all of our blessings. This nation has been blessed with
natural resources, with you know, two oceans separating it from
the rest of the world. Acting as we can go
on and on and on, how this nation is blessed
(07:35):
founders that separated powers, that understood, understood that our right,
our our God given right. That's what it came from God.
It didn't come from government. And I often use this
line here on the program, and it's from the movie
The Bronx Tail. The saddest thing in life is wasted talent.
(08:03):
We as a nation are wasting our talent. We're wasting
our ability. We could be. We're capable of so much more.
We really are. And again, as a coach and all
the guys people listening out here, I love the emails
(08:25):
I get from dads and moms. Coaching little league, coaching, softball, field, hockey, football,
whatever it may be. You know, you know you're gonna
be a good coach. You want each and every one
of your players, and every person has unique talents, abilities,
whatever it may be. You want them to go out
(08:47):
there and you want them to play at the highest level,
the highest level. You don't want them to waste their talent.
Several weeks ago here on the program, we talked about
Rome and the fall of Rome and what happened there.
(09:08):
And I always go back to Lawrence Reid, who's from
the Foundation of Economic Education, the three most stubborn lessons
of history. No people who lost their character kept their liberties.
Power that is shackled and dispersed is preferable to power
(09:30):
that is unrestrained and centralized. The here and now is
rarely as important as tomorrow before. For the two thousand
and sixteen election, for the two thousand before even Donald Trump,
(09:53):
before even Donald Trump was nominated. He wasn't my choice
at the time. I think when I wrote this, at
the time, it was down to Ted Cruz and Donald Trump.
But again I was a Rand Paul guy, and who
was already gone. I made a list of things. I
made a list of things against twenty sixteen to get
(10:14):
our nation on track. These are again things that we
could do, things that could change the trajectory, so we're
not wasting our talent. Number one, simplify the tax code.
No more damn loopholes, no handouts, no giveaways. Number two
(10:40):
a balanced budget amendment. That's just pretty damn straightforward. You're
not spending more than you're taking. In Number three, you
reform the regulatory process. You want the real fascism in
the United States, that's all right now. All rebundits of
(11:02):
the media, it's all we can talk about is fascism
here and fascism there, and trumpets a fascist. The most
fascist part of our country right now is the executive
branch of government and and all of the acronym agencies
that act as judge, jury, and executioner. Legislating is supposed
to come from Congress. Simplicity is key when it comes
(11:25):
to rulemaking. We need to make the United States user
friendly again. Number four term limits. I'm not talking just
termed out of office. You're termed out of Washington. Individuals
should not be allowed to work any more than eight years.
(11:48):
I'm down to eight years in total as an elected official.
That's it. Eight years, that's all you get. It should
be forbidden to work in any capacity as a lobbyist
after serving in public office. Hey, Rome, when it was
a republic, consults that were in chargers, two of them.
One year, that's it. That's all I had one year.
(12:11):
Number five break up true monopolies. And this is especially true.
I'm sorry, I'm Wall Street the banking industry again. Media
is it's kind of doing it on its own right now.
They're imploding on their own. But I don't I don't
believe that we should have corporate major corporate ownership of
(12:31):
media outlets. I think that that is a way to
go establish a non interventionist foreign policy doctrine. Time time
to stop. We've been in perpetual war for a century, okay,
perpetual war. And I got to hand it to Donald
(12:53):
Trump was in the case when he was president. He
put an end to that. Free trade only when the
playing field is level again. I get countries out there
that we do business the trade with that still have
indentured servants, which is basically slavery. Immigration reform, Yeah, we
(13:18):
want people. I want people that want to be Americans.
We are doing an absolutely horrendous job of assimilating people
to our society. I don't want to have a Balkanization
of America. No more subsidies. Number nine tired of paying
for other people's teslas. The government should be forbidden from
(13:42):
diverting taxpayer money to any private concern. It is not
the duty of government to pick and choose winners and losers.
No special tax deals should be given to any private
concern on the federal or local level. Everyone should be,
as our Declaration of independence, espouses to be equal under
(14:03):
the law. Number ten entitlement reform, basic algebra, the social
security system and many pensions are unsustainable. We need to
rethink the entire concept of retirement and what it means
to generations of people that will be living much longer
and healthier lives. Welfare reform. Welfare is our nation's number
(14:25):
one drug problem. Too many people have become addicted to
this way of life, and we need to break the cycle.
The Great Society programs, by every metric out there have
been a failure. Children at risk of becoming part of
that cycle need to be attending institutions that provide them
with what they are not getting in the home. Get
(14:46):
out of healthcare, housing, and college education number twelve. As
soon as the government gets involved I just mentioned those,
But soon as the government gets involved in anything, the
costs go up. Bring the open and free market to
these indis trees and their products and services will be
priced according to what people can pay. This was twenty
sixteen my list, and I gotta say Trump attempted on
(15:11):
many of this things. I will give credit where credit
is due. It's not that difficult. That's all we need
to do. That's it. So we stop wasting our talent
and what we're capable of. I've said this is million
times here on the program, my modus opera, and I
(15:31):
one of my big points of doing this program is
I want my kids to grow up in a world
where they can succeed beyond their wildest dreams and also
flip side. You can fail, but the great thing about
America is it's okay to fail. You pick yourself up
and you move on. We don't need the government in
all aspects of our lives. Get out of the way.
(15:54):
Go back to John Gulf from Atlas Shrug. Get out
of the way. That's what I want government. That's what
will make America great again. Got to take a break.
You're listening to the Watchdog on Wall Street show again.
Take advantage of all the great stuff that we have.
Get to my website Watchdog on Wallstreet dot com. Consultation
(16:18):
with us, the Markowski family, myself, my brother, my nephew,
that's who you're speaking with. We help everyone out. All
are welcome our podcast, our newsletter Watchdog on Wallstreet dot com,
or give us a call eight hundred four seven one
fifty nine eighty four. Man, she won't have.
Speaker 2 (16:49):
Let's a marvelous night for a moon dance with the stock.
Speaker 1 (16:53):
You should believe in math, not magic. You're listening to
The Watchdog on Wall Street with Chris Markowski.
Speaker 4 (17:02):
Welcome back, everybody. I am a I'm a big New
York Giants fan football New York Football Giants fan, and
we've had a real rough go of it. I was
thinking about the old Giants. I've grown up. My best
friend had season tickets and that was back when the
(17:23):
Giants stadium, the entire stadium was season ticket and go
to some of those games, and I have to watch
Carl Banks and Lawrence Taylor and Harry Carson and Mark
before I all these great players yesteryear. Uh. The coach
back then, a guy by the name of Bill Parcells.
He had a line that I use often. You are
(17:48):
what your record says you are now when it comes
when it comes to the Biden Harris administration, when it
comes to inflation, you cannot sugarcoated. I watched Mark Cuban
the other day and some debate basically, I mean, why
(18:10):
through his teeth about reality, about what was actually going on.
And if anybody is a case for some testosterone replacement therapy,
I think it's Mark Cuban at this point in time.
But if you actually take a look at the numbers,
the numbers of what everything costs, how much more everything costs,
(18:33):
the usage costs of a car, the cost of owning
a home, and everything that goes along with it, it
is through the roof the annual cost. The annual cost
of owning a new car in a home is seventy
percent higher today than it was four years ago, twenty
(18:58):
one thousand and three, one hundred and seventy five dollars more.
Wrap your arms around this. How about this. If you
just took that savings, that twenty one thousand plus for
the past four years, and you just stuck it into
an S and P fund, Okay, and that's it. You
let it sit there for twenty years, you'd have over
(19:20):
five hundred and fifty thousand dollars. You're able to build wealth.
This is what their policies have wrought. We cannot continue
to spend and spend and spend on all of these handouts,
all of these giveaways. We don't have the money and
(19:43):
the idea that it's gonna make keeople pay their fear here,
it's gonna be it. It's absolutely insane. Show me your work,
you have no math behind what you're saying. Nothing. It
drives me bunkers. They just say stuff, throwing it out there.
(20:04):
Oh we're gonna tax this amolan, then we're gonna give
twenty five thousand dollars for this home. Here, I'm gonna
hand out fifty thousand dollars for people want to start.
I mean, it's it's nuts, people, it really is. I mean,
you really need to be on some kind of drug
to believe any of this nonsense. Gotta take a break.
(20:25):
Watchdog on Wallstreet dot com. Watchdog on Wallstreet dot Com.
Don't go anywhere, We'll be back.
Speaker 1 (20:39):
Chris Markowski is the watchdog of Wall Street America financial freedom.
(21:01):
One listener at a time. You're listening to the Watchdog
on Wall Street with Chris Markowski.
Speaker 4 (21:11):
All right, I want you to think about these numbers.
You know, we got direct transfer payments. Okay, this is
money that the government hands out three point eight trillion dollars.
It's forty eight percent of all federal spending that goes
about sixty seven million Americans. Yet only about seventy million
Americans pay any meaningful amount of income tax. And that's
(21:36):
two point three trillion dollars. There. How do those numbers work?
They don't They don't work. They don't make any sense whatsoever.
Is why fed a reserve continues to print money, monetizing
the debt. You do understand that our government, its size,
(21:59):
is the equivalent of a six point eight trillion dollar economy,
that is the that would we would be are US governments,
what we spend is would be the third largest economy
in the world. Government spending is up fifty percent this decade.
Get your arms around that. Did you see the GDP
(22:21):
numbers this week? Two point eight percent? Did you look
at the internals of the GDP numbers more like one percent?
If we're counting the free market outside of government, GDP
growth would be around one percent. Have you taken a
(22:41):
look at bonds? Take a look at the ten year treasury?
I actually I couldn't remember. I again, I I can't
recall this ever happening. We're the Federal Reserve.
Speaker 5 (22:56):
Goes outs of hey, yeah, yeah, we're gonna be fighting
up on interest rates boom fifty basis points and more
to coom, and the bond market says, naw, gives the
fetter reserve.
Speaker 4 (23:12):
The middle finger. That's that's basically what the bond markets doing.
This is the return of what we'd like to call
the bond vigilantes. What's what's saving the United States, what's
saving us right now from a situation so we don't
turn into what happened with the European debt crisis, is
that the rest of the world is doing the same
(23:32):
damn thing. The world is a wash in debt, and
we keep borrowing, and we keep borrowing, and we keep borrowing. Actually,
watched Steve Lisman on CNBC, like, I don't care they
sold all the bonds. I give that an a an a. Hey, Steve,
(23:56):
we the taxpayers are paying more on interest than any
other line item on the budget. Again, get your arms
around that number. We spend more on interest payments on
our debt than we do on defense. That's the United
States today. That is a medicology America today. Anyway, what
(24:24):
does this do well? Again, based upon these numbers, we
have found again people not putting away as much and
also making some really poor choices in their four one case. Listen,
one of the things that we do here at Markowski
(24:47):
Investments we help people over the country. We don't need
to get paid on this, Okay, we don't. You're working
at a job there. You know you get your four
to one k there. We don't get paid on this,
but we're going to advise you on how you should
structure your four ah one k. What do you think
that stupid questionnaire that they gave you when you signed
up was the slightest bit helpful. You gotta have at
(25:10):
least this amount in bonds bonds you got the government bonds.
I own our short short, short term stuff. For crying
out loud, Inflation is alive and well. When you adjust
for inflation, the average four one plan from twenty twenty
(25:30):
one to twenty twenty four twelve thousand dollars loss A twelve.
You take a look at the stock market. How well
stock market has done yet? The average four to oh
one participant has lost twelve thousand dollars over the past
four years. Why bad advice? Stupid advisors out there, bad
(25:53):
brokers don't know what the hell they're doing. You want
to know why, I'll explain this. You've been in this
business for a long time. They have their little safe models.
They don't like to think much. Many advisors, a lot
of shlockbrokers out They don't like to think like, look,
we're gonna have a sixty to forty portfolio based upon
(26:13):
your age. When are you planning on retiring what? And
you're answering these questions. You don't know when you're gonna retire,
whatever it may be. You might know it, not know
what's sixty forty means, but you know what it does.
It keeps because it's it's conventional wisdom. It's conventional wisdom,
and it keeps the shlockbroker and the bad financial advisor
(26:35):
out of trouble. They don't care. It's pathetic, quite frankly,
it's like mind numb robots. What's the point even utilizing
these fools? What you can't see what's going on around
the country. You're gonna overload bonds, government bonds and your
client's portfolio which have tanked. No, I mean, it's again,
(27:00):
all of these numbers, and I'm like, it just made
me sad based upon how well assets have done people.
This is what we're here for. And I'm sorry, I
don't mean to yell. It's frustrating to me. There's no
excuse for this nonsense. There really isn't. Okay, you need
(27:20):
to work with some people and actually knew what the
hell theyre doing for crying out loud. I've been doing
it for a few decades that understand. Oh, you just
don't have a jigsaw of model and ask stupid questions
and plug you into stupid profiles that make no sense whatsoever.
Get the help you need. Get to our website, sign
(27:43):
up our personal CFO program, consultation with one of us
here at Markowski Investments. And before listen, I want you
to pay close attention to me right here, right now. Okay,
I'm not the Edelman's program, Fisher Investment. Now that there's
other places out there that just they farm. They farm
your name out to some guy that pays for it
(28:04):
somewhere you know you speak to. We had the longest
running financial program in the country. We you speak and
you still speak with the Markowski not some yokol that
doesn't know what in God's creation they're doing. Watchdog on
Wall Street dot com or give us a call eight
hundred four seven one fifty nine eighty four coming to do.
Speaker 1 (28:41):
Taking Wall Streets liars, crooks and cheets out behind the woodshed.
You're listening to the Watchdog on Wall Streets.
Speaker 4 (28:52):
And yeah, we were perpetually bringing in, you know, accounts
from and clients from from firms from all over. Now
I'm not just the big Wall Street firms and the
mid size firm also also some of these ridiculous networks
out there. There's you know, I'm the longest running financial
(29:13):
program in the country, but there's there's other ones that
are out there, even guys you know, Dave Ramsey is
in the business. And again he's not not a registered
investment advisor, but again he runs commercials and he farms
out people that contact by listening to his program, to
people who buy those names. Why would you do that?
(29:36):
I mean, again, Dave Ramsey's a businessman and I appreciate
that and some of his advice when it comes to
getting out of debt. I happen to agree with his
financial advice and managing money not so much, not so much,
And he's been proven wrong and I find it quite frankly,
I find it wrong and disingenuous. How does he know
(29:57):
these people that he's selling these names? And I made
a promise a long time ago, a long time ago.
The only people you're the only people you're you're speaking with,
you're speaking with the Markowskis you're speaking with the Markowski's.
(30:17):
This this is my name, it's my family's name. You're
working with one of us, my brothers, my nephew, God
willing someday my kids if they decide to join that.
That's just the way we do things. People shocked, shocked.
I'm gonna tell a story a little bit later on
(30:37):
in the program. Call me this past week, you know,
distraught about a situation that I called. I can't believe
you call me? Why? Why? That? That's that's what we do.
That's that's who we are. We pick up the phone.
Clients have our cell numbers. We're picking up the phone.
(30:59):
This is our job. We're always on call. We're on call,
we're on vacation. This is what we're about here at
Markowski Investments. You want that type again, which so sick
and tired. We're dealing with problems with our healthcare system
and call centers and all that crap. Enough with that nonsense.
(31:20):
You don't have to deal with that with the people
that are managing your money, that are helping you with
your taxes, that are helping with your legal That's why
people come over to Markowski Investments, not to mention the
performance Watchdog on wallstreet dot com. Watchdog on wallstreet dot
com is our site. Become a part of our family.
We'll be back.
Speaker 1 (31:41):
You're listening to the Watchdog on Wall Street. This is
(32:01):
the Watchdog on Wall Streets.
Speaker 4 (32:06):
Boos afraid of Kamala Harris, I really do. I still
do quite a few, quite a few appearances around the
country and very radio shows and TV and whatnot. And
quite frankly, what was that jaws in the background. I'm
(32:29):
hearing right now, A who's the frank Kamala is coming
to get you? Not listen? Okay, I got the questions,
and I'm getting the questions of getting right now are like,
what do you well? I know my portfolio, what do
I sell it all? Oh my god, Camala's gonna be
Kamala is gonna be president. I'm gonna sell everything SNEI
(32:50):
Mark's gonna crash. It's gonna happen. That's gonna happen, all right, listen, Okay,
do presidents matter when it comes to the overall economy
in the mark markets? Yes, they do, they do. But
I bear them no mind, nor should you think of
all of the things that I have dealt with, all
(33:13):
of the you know, end of the earth, end of capitalism,
end of the market moments throughout my career, for everything
that happened at the dot COM's and all of the
penny stock firms, great recession, Asian financial crisis, long term
capital management, European debt crisis, COVID, all the I mean,
(33:37):
it's just so many things. It's hard to count different
presidents different times. If your money is managed properly, you
deal with the terrain. Again, I talk about our personal
CFO program. You're going to need to manage calamities. It's
(34:05):
it's part of what we do. It's part of what
we do. Now. I've gotten, you know, because one of
the talking points out is, wow, look at how well
the market's done. Well, Biden, get all sorts of credit
for that. Listen, the market's done great. But at least
(34:25):
I am honest about our performance with none on our listeners,
but our clients. They have killed it. But but you
also have to take into consideration inflation adjusted returns when
you have an inflationary environment, which we're in. We're in
right now, and I don't see it changing. I really don't.
(34:49):
God willing, God willing, I'm not holding my breath even
for Donald Trump. He wins and he puts Elon in
charge of that Government Efficiency Committee, and John Paulson's on
board and cuts two trillion dollars in government spending. I
couldn't be happier. But yeah, you gotta also take your
(35:13):
portfolio and consideration also in regards to the value of
money over that period of time. You can't let your
portfolio fear presidents. You can't presidents take way too much credit,
way too much credit when markets do well. This is
(35:34):
also true for the economy in many respects too, and
also way too much blame when things go haywire. Hey,
George W. Bush came in right after Bill Clinton left,
and he walked right into the collapse of the dot coms?
Was that on him? Again? You'll see people with well,
you take a lot of stock market under Bill Clinton. Yeah, yeah,
(35:56):
And I again, I thought Bill Clinton was a decent president.
But you know, Bill Clinton was riding that Ronald Reagan
wave which really changed everything. Not to mention the fact
that you also had all sorts of reforms when it
came to welfare, You had new Gingridge and the gang
come in. Over that period of time, things that have
(36:16):
happened years ago affect things that are happening today. I mean,
you take a look at right now where we're at
Barack Obama not too long ago.
Speaker 2 (36:24):
Eh.
Speaker 4 (36:24):
Yeah, government's gonna take over student loans. Everybody go to
college now all of a sudden, well over trillion dollars
and student loan debt out there. And Biden wants to say, hey,
it's all you don't have to worry about paying that back.
I mean, it's it's there's a lot of things that
are out there, and this is why. Okay, presidents are
going to come and go. They are. But our process
(36:48):
and our rules they don't differentiate. Compounding the royal road
to riches. Put a portfolio together where you're protecting your downside.
You cannot take made your losses in your portfolio. You
cannot let risk lead to ruin. Invest like you're all
ready wealthy. Be cool, be cool in the face of
(37:14):
issues and obstacles, and handle it. Look for assets on sale.
Every single time the market sells off, and of the
world moment for so many people out there, it's not
it's an amazing opportunity that you need to take advantage of.
He and I said, who's afraid of Kamala Harris. Come on, people,
(37:36):
you're afraid of Kamala Harris. Really, Kamala Harris scares you.
But a little bit of courage and a little bit
of patience, and if Kamala Harris gets elected, it'll pass.
And if you have an advisor, someone that actually can
take advantage of what the terrain is at that time,
(38:00):
is not one of those welly have a fifty talk
to them and forty pertentant bonds because you're this old
and the algorithm says this, No, that's stupid. Okay, don't
work with one of those fools. Every every calamity out
the crisis situation presents itself with another opportunity if you
(38:27):
pay attention, if you don't get scared, if you don't
run for the hills, you don't do all those things
that that again the greater fools do part of that,
part of that grand conspiracy. And again this is not
my phrase, I always give credit where credit is due.
Is Donald Luskin conspiracy to keep people poor and stupid
(38:50):
thinking that this president's gonna it's gonna change the outlook
for your portfolio ten twenty thirty years down the road,
only if you let it be smarter than that. People
get the help you need. Get to our website, Watchdog
on Wallstreet dot com. That's Watchdog on wallstreet dot com.
(39:11):
Or give us a call eight hundred four seven one
fifty nine eighty four. That's eight hundred four seven one
fifty nine eighty four. We'll be back.
Speaker 1 (39:27):
Chris Markowski is the watchdog of Wall Streets. Well know
one author, investment banker, consumer advocate, analyst, trader. Chris Markowski
(39:51):
is the watchdog the Wall Street. You want to answer
exposing the lines and myths that the big brokerage firms,
the mainstream, and the government are pushing to keep Americans
away from financial freedom.
Speaker 2 (40:05):
You can't handle the truth.
Speaker 1 (40:06):
Truth, bringing America the truth about what really happens in
the financial world.
Speaker 3 (40:11):
Ladies and gentlemen, We're not here to indulge in fantasy,
but in political and economic reality.
Speaker 1 (40:16):
This is the Watchdog on Wall Streets.
Speaker 4 (40:20):
Ah. Yes, I long my favorite lines political and economic reality.
Welcome everybody, Welcome back to the watch Talk on Wall
Street show again, my sixth pre election broadcast. And it's interesting.
Themes always ten, it's thematic, it's the same same, you know,
(40:46):
we continue to pray for the same things, you know,
hoping that maybe you know, we'll get people to actually
get things done, that you know that the people will
wisen up and start me in better choices rather than
these career politicians that are there to enrich themselves. I
(41:08):
saw a video this past week broke my heart. I
live in Tampa, Florida now, and our area most certainly
got smacked upside the head with the hurricanes that came through. Obviously,
my mother lives a little bit further south and her island,
Mannesota Key got trashed down where brother Michael lives got wrecked.
(41:31):
We all have seen what has taken place in North
Carolina as well. And this video sent to me this
mom in North Carolina, and how now I guess government
officials are taking people's kids away, taking people's kids away
because they're technically homeless because of the hurricane. Now, this
(41:55):
lady is going off on a rant. She's so upset
because they want to put up trailers on their property.
They want to put up some want some tiny home
until they can get by and get back on their feet.
And government regulators aren't lattin them the powers that the
governor's not letting them. And now the government wants to
(42:16):
come and take their kids. I want you to understand something.
I want you to understand something. You we you know,
we the people the United States, We the people. We
are not the priority of the people in Washington, DC.
(42:36):
We're not. We're not the priority. Seven hundred and fifty dollars. Check.
Seven hundred and fifty dollars. Check. That's what the government
is handing out. Can spend tens hundreds of billions of dollars.
Send it to other countries, send it to Zelensky, send
it here, send it there, send it anywhere, but here
in the United States. Nah, you're not the priority. You
(43:01):
need to understand that. Right This is is gonna be
a bit of a wake up call and a shocker.
If I was to ask you, I was to ask
you and say, hey, what do you think the biggest industries,
the biggest industries in the United States have been I
don't know over the past. I know, let's go back
(43:25):
to the late nineteen fifties till today. What would you
say the biggest industries in this country would be? Then?
Some people, well, you know, it used to be auto's
and maybe now it's it's tech, and maybe banking. No
the biggest business here in the United States. War in illness,
(43:46):
that's right, War and illness. That's what we spend money on. Yeah,
one more after another, war after another war. Military industrial
complex continues to get rich. Get at a story later
(44:07):
on in the boat, later on the program with Boeing
charging the US Air Force thousands and thousands and thousands
of dollars for UH for soap dispensers, hand soap dispensers,
Military industrial complex and illness. Of course, because it's all now,
(44:27):
it's not about becoming healthy. It's not about health. It's
about treating chronic disease. Everybody's got a chronic disease. You
turn on the TV, take pill, Take a pill, and
you're able to manage that disease. No thought process into
how you got the disease or why you're sick, or
(44:48):
figuring out you know, how to actually get rid of it. No, no, no, no,
no no. Not a lot of money in that, right
you think about it. Oh, we got some of the
best medical schools in the world, best hospitals here in
the country. Oh, we like to stick out our chests
and say, how star spangled awesome we are. Really, what
did I say about Bill parcens You are what your
record says, you are right. Hmmm, why is it? Why
(45:13):
is it that we spend more money per capita, not
even close than any other country in the entire world,
yet we have worse outcomes? You see that, that's the scoreboard,
right that to me, that's the scoreboard. The media's gonna
tie O great healthcare and or bile my care and
(45:36):
pre existing condition, pre existing conditions. Everybody's got a bloody
pre existing condition. Nowadays everybody's got something. You ever ask,
why do you ever wonder? Why reg think about that?
For a little bit. A lot of money, A lot
of money in that illness, a lot of money in
(45:58):
that right, we need to get away from this people.
You want to make America great again. I want to
get MAMMI can uh the industries of war in illness
need to go away. Imagine again, all of that money
(46:19):
that is spent in those arenas, if it was spent elsewhere.
Was joking around? Uh you a guest appearance on a
radio program the other day, and we got into uh,
we got into the auto industry and what was transpiring
with EVS and Volkswagon and Stilantis and UH four and
all all these various different things and what has transpired.
(46:42):
And I said, you know, when I was a kid,
I was watching Jetson's and met George Jetson. He's got
that flying car. How how the world do we not
have flying cars? How in the world do we not
have flying cars at this point in time? Yeah, I
mean it sounds like Doctor Evil from Austin Powers All.
(47:03):
I asked for sharks with freaking laser beams on your head? Oh,
I asked for is a flying car for crying out loud?
Speaker 2 (47:08):
No?
Speaker 4 (47:09):
Not what we waste money on nonsense politicians. When when
a politician comes out, I don't care what. I don't care.
If it's an elephant, I don't care. If it's an elephant,
I don't care. If it's donkey, doesn't matter. And I said,
our priorities, your your bull excrement meter needs to go
(47:30):
up immediately. There is no such word as priorities. It's
not possible. It's not possible. You can't have priorities. You
can have a priority. And the priority of the people
that we supposedly vote for is supposed to be the
welfare of the citizens of the United States. And when
(47:53):
I mean welfare. It's not handing out welfare. What's best.
Turns out it's best for them and their donors. Another thing,
I want to talk about, social security, the third rail
of American politics. I'm gonna get this, get this out
(48:14):
of the way right now. Okay, social Security, by by definition,
is a Ponzi scheme. It's a Ponzi scheme. Every single
time I talk about social security here on the program,
Oh my god, people get angry. They send messages. I
pay the cuts, my whole life, my social Security account.
(48:38):
You don't have a bloody Social Security account. You don't
have one. It doesn't exist there.
Speaker 2 (48:51):
There is not.
Speaker 4 (48:52):
There is not a big cave somewhere like in Harry
Potter with Gringott's Bank, where you've got protecting your social
Security money. Okay, it doesn't exist. Just as much you
want another big lie, Ah, my social Security taxes, my
fight at taxes. You do realize that all of that
(49:16):
money goes to the exact same place. It's a tax,
that's all it is. It's a tax. Now in a
Ponzi scheme. Ponzi schemes implode when the person running the
Ponzi scheme can no longer get more people to give
(49:37):
them money to pay off the earlier investors. It implodes.
Have you ever looked to see how many people are
paying into Social Security today based upon the people that
are receiving Social Security today and compare it to the past.
The numbers don't add up. I warned my generation generation
(50:00):
acts back in the nineteen nineties before I had a
radio show, wrote columns on it. I said, if you're
planning on getting sold Security, if you're making that a
part of your retirement dream down the road, don't because
it's going to get cut. The numbers don't add up.
And then you get these these ridiculous ideas. You get
(50:24):
them from both sides of the aisle, from both Republicans
and Democrats. Well, you know why, I think it's ridiculous
that Bill Gates. Bill Gates stopped paying his his Social
Security taxes at one hundred and sixty eight thousand dollars
and other people or are you know it's not fair
he should pay more? Let me ask yourself a question,
(50:44):
what happens if you pay more into Social Security? You
pay more into Social Security, you get more out, do
you not? You see that that's the problem with that idea.
And some of the people, the fools out there that
propose it. They haven't figured that out yet. Once people
realize that the Social Security moment, it's just a tax,
(51:05):
they're going to realize how much they're getting taxed. Ah,
I'm in this tax bracket. I'm only paying this amount. Yeah,
why don't you add on? They would say, well, yeah,
the employer portion. Why don't you add on twelve percent
to everything that you're paying all the employer's paying that. No,
the employer would have been paying you that if he
didn't have to pay it to the government. Get it.
(51:28):
It's a tax and it's falling apart. Could it be
short up, Could it be handled properly? Absolutely? But guess what,
you are not a priority? You're not.
Speaker 3 (51:47):
That.
Speaker 4 (51:47):
The people that donate to these politicians' campaigns, they're the priority.
The military industrial complex is a priority. It out loud people.
You take a look at these politicians and you can't
see how wealthy they become by being a public servant.
(52:10):
And they have the nerve to pat themselves on the
back like that they're they're somehow special. They're serving the public.
They're self serving. Most of them. They set themselves up,
They use their role of it's pathetic, But again, who's
to blame. We are we are We We go to
(52:36):
these rallies, we watch these people, We see these ridiculous
we believe these ridiculous promises that they're gonna make. Every
single time a politician opens up their mouth, your first
reaction should be, DS, how how how are you gonna
pay for this? How are you gonna get this past Congress?
(52:59):
These are the question you need to be asking. But
we need to have a public Again, we've been trained
like this. I don't know for whatever reason it may be.
I wou'd always been a critical thinker. You got you
need to raise your kids as critical thinkers and question everything.
And again, I'm gonna be a little positive here. I'm
(53:23):
starting to see it. You get the podcast like Joe Rogan's,
You've got podcasts like mine. You've got a lot of
a lot of information that's being put out there. What
Elon Musk is doing over at X right now, as
far as social media is concerned, we want a population
that is gonna say, what in the world that doesn't
(53:44):
make sense? Remember what Reagan said, trust but verify. I
don't even give the trust first anymore. I doubt and
then verify. And that's how we should all be want
to make America great again because I do what what
have we been preaching here on the program? Working within
(54:08):
your community, build yourself a business, create something, protect others,
be a provider, and teach. It's all done. It's all
done on the local level. People. But we have a
(54:30):
population that's not mine, numbed by stupid social media and
TV and all that crap. And we got we got
a country of critical thinkers. These people in Washington, DC,
they can't take advantages anymore. That's how you, that's how
we get our power back. Have to take a break.
Watchdog on Wallstreet dot com. Watchdog on Wallstreet dot com again.
(54:53):
Become a part of our family at the Watchdog on
Wall Street or sign up for our podcast, our newsletter,
and of course consultations with us our personal CFO program,
the Markowski Family. We're here to help you Watchdog on
Wall Street dot com or give us a call eight
hundred four seven one fifty nine eighty four. Mister Stamp.
Speaker 2 (55:22):
Lovely prod.
Speaker 1 (55:30):
The only man who is taking on the Wall Street establishment.
You're listening to the Watchdog on Wall Street with Chris Markowski.
Speaker 4 (55:44):
I have to say, I have to say, the events
so in the past week for crying out loud and
this election and some of the things that have happened
have been whack hilarious, absolutely hilarious. Oh my god. The
(56:07):
whole garbage Man instantly came to mind was the Simpson
song The Garbage Man. Can Joe Biden? Okay? Again? Show
you how game of thronesy. This entire thing is, why
would Joe Biden, Why would Joe Biden take to zoom
(56:29):
and his laptop and start talking to the American people
At the exact same time, Kamala Harris is given a
speech to the American people in his backyard. Again, try
to get your arms around that. He's obviously not too
(56:50):
happy with her by any stretch. But again to see
you see the difference between side, and you see how
full of crap these people in the media are. You
see again, I haven't known this a long time, and
I'm telling you it is. It is worse instead of better.
(57:11):
I don't know how much scotch these these people in
the media have to drink or are what type of
drugs they have to take in order to continue to
just lie to people. It was a week ago at
the again the Madison Square Garden rally. MSNBC was actually
(57:37):
showing footage of a Nazi rally from it was just
like during World War Two and comparing the two. What
are you? I mean, how do you people live with yourselves?
It's okay to criticize I criticize Trump all the time,
(58:00):
but at least I'm honest about it. Then I give
facts to back up the opinions that I give here
on the program What are You Doing? And some comedian
made a joke something about I don't even remember exactly
what it was. A guy is a comedian, He is
(58:21):
a he's one of those roast comedians makes fun of people,
and oh my god, the media had a collective freak out.
Oh my god, this is not safe for the air.
The crap that they put on TV network, TVs put
(58:44):
on They were actually saying that the joke was not
safe for putting on air. I'm not making this up.
I'm not making this up. People. Okay, again, you understand that,
maybe my fellow Christians understand this. Okay, We're not supposed
(59:05):
to We're not supposed to hate people. We can hate
evil and bad stuff, but we're not We're not allowed
to hate people in order for me and say I'm Catholic,
you know, I want to go and receive communion on Sunday.
I'm not allowed to hate people. You know hard, that
is the know, the idea, how hard Christianity is based
(59:27):
upon people that perpetually are trying to mislead others and
you know exactly who they are. It's difficult, it really is.
And then you get Joe Biden calling the followers of
Donald Trump garbage, garbage anyway, and you know what, We've
(59:53):
got to talk a little bit more about this. I'm
gonna give you my take, and we got a lot
more bar Election number six for the Watchdog presidential election
number six for the Watchdog on Wall Street show, Don't
go Anywhere. We'll be back. Watchdog on Wall Street dot Com,
Watchdog on Wall Street dot Com, We shall return.
Speaker 1 (01:00:16):
You're listening to the Watchdog on Wall Street. You should
(01:00:36):
believe in math, not magic. You're listening to the Watchdog
on Wall Street with Chris Markowski.
Speaker 4 (01:00:45):
Yeah, Jim say it, all right, Yeah, this is apropos.
This is an apropost so because that's what the media
is telling us. You know, Donald Trump wins and blood
in the streets up to you. Egle fascist Nazi. Ah man,
it's it's mind boggling, it really is. Again, they don't
(01:01:07):
even know what the word fascist actually means. I mentioned
this first hour of the program. A lot of our
country represents right now, fascist fascism, A lot of does.
I've gone over this here on the program. They disguise
their fascism as public private partnerships. If the public private
(01:01:29):
partners if that's how make government works so much better? No,
that's fascist. That's fascism right there, the acronym agencies inside
the executive branch of government acting as judge, jury, and execution,
that's fascist. Donald Trump fascist fascist tendencies like what can
(01:01:52):
you give me something? Because last time I checked, when
he was president, and he used executive orders that didn't
pass constitutional muster or might have been a bit of
an overreach, they were rejected. Now Biden did the same thing,
except Biden continues not to listen to the Supreme Court
(01:02:16):
and continues to push for free handouts and giveaways and
here you go, free money for students, don't have to
pay back your student loan. Who's fascist? But again, it's
just a word. It's a scary word. Scary words. Let's
throw out scary words that most of the population have
no idea, they don't know what it means. But it'll
(01:02:39):
scare me. It'll get the people going, right, let's get
the people going shameful, shame again. And I'm going back
to my faith and what I'm taught. I take this
microphone and the platform that I have very seriously. My
(01:03:05):
faith teaches me that if you if you're going to
assume responsibility, is someone that's gonna go out and try
to teach others and provide information to others, you are
held to a higher standard. That's again, that's the Bible.
(01:03:27):
These people that they don't they don't care. It's it's shameful,
it really is. Anyway, getting back to garbage man, garbage
man and Joe Biden. I listened to what Joe Biden
had to say, and yes, he called Trump supporters garbage. Okay,
(01:03:47):
but even Trump knew you had. Marco Rubio jumped up
on stage, jumped up on stage and brought this piece
of paper over and told Donald Trump that's information that
he'd just gotten. Joe Biden calling Trump supporters garbage. We've
again We've heard this before, the basket of deplorables and
(01:04:13):
Barack Obama. We're clinging to our guns and religion and
other crap. It's come on, people, It's okay, I don't
mind throw it at me. And Trump came out and
I got it. This was genius. More of this out
of him. I really wish he's like, yeah, I forgive Joe.
(01:04:36):
He does know, if not what he do. And you know,
you watch the contrast the media having an absolute conniption
over the Trump rally and what was said Joe Biden, Nah,
it was fine, not will we read misspoke? He didn't
(01:04:56):
say it that way. It didn't really mean it that way.
You actually had others actually claiming that he Oh, come on,
you know he's senile. He's still the president of the
United States last time I checked. If he's got health issues,
aren't we supposed to remove him? Correct me if I'm wrong. Anyway. Anyway,
(01:05:18):
a great column that I read this past week by
the folks over at Epsilon Theory and titled its Apocalypse Always,
and they chronicle throughout history in the column the vitriol
that's taking place presidential elections throughout history, and it's been bad.
(01:05:39):
But their point in their column is is that today today,
in their part, it seems like people are making lists.
People are making lists where they're saying, oh, you said this,
you're in this camp, you're in that camp, and they're
they're they're taking notes on that. My advice, my advice
(01:06:01):
to people, the same thing that jd. Vance said last week.
Let it go. Don't don't be one of those people. Okay,
don't don't make lists about what people said, whatever it
may be. Listen, your job again, my faith to take you.
I have to forgive them. I don't have to forget.
(01:06:21):
I'm not saying be stupid, don't be naive, don't be
a door mat or anything like that. But try to
forgive and not forget, not forget and move on. Okay,
you do not want to become what the left has become.
Don't do that. No way to go, no way to live. Anyway.
(01:06:46):
I gotta take a quick break right here. We're gonna
get back. I'm gonna talk about God, Bill Clinton, Bill Clinton,
I gotta talk about him, and we gotta talk about
all of these. The greatest job in the con is
to be an economist. We'll talk about that omnipotent economists
and the havoc that they wreck and much much more.
(01:07:07):
But I hey, hey, hey, make sure you get to
that website Watchdog on Wallstreet dot com. Watchdog on Wallstreet
dot com. Take advantage of all the great stuff we have, podcast,
newsletter consultations with us Watchdog on Wallstreet dot com or
give us a call eight hundred four seven one fifty
nine eighty four.
Speaker 1 (01:07:28):
Side bringing America financial freedom, one listener at a time.
You're listening to the Watchdog on Wall Street with Chris Markowski.
Speaker 4 (01:07:53):
Yes, the Scorpions in nineteen eighties. Yeah, yeah, a movie
The Wrestler there where he was making fun of them.
Early's nineties music, Kurk Combain, screwed Up, screwed it all up.
It was all the fun music from the nineteen eighties. Anyway,
Mickey Rourke was a great role. But anyway, welcome back.
It's a Watchdog on Wall Street show. So our old
(01:08:16):
friend Bill Clinton. Bill Clinton is giving a he's ad
a Kamala rally because he has to. Okay, again, these
are things that you have to do when you are
the ex president. You've got to go out there when asked, unless,
of course, Donald Trump is running for president, and the
(01:08:39):
Rhinos and the establishment Republicans like George de Wan all
it ain't gonna do anything like that. But Bill Clinton again,
he's doing his job. He's in Michigan, and he says
that the economy was better under Donald Trump said it,
but you should still vote for Kamala Harris. Now, I
want to remind everybody, just a few weeks ago, Bill
(01:09:02):
Clinton also talked about the like a Riley murder and
how if you know, under Trump's border policies, that wouldn't happen. Now,
was this a Freudian slip? Did Bill Clinton slip up? No? No,
here is insider baseball or inside Game of Thrones, which
(01:09:25):
is politics in the United States today. Bill Clinton's a
real smart guy. He is a real smart guy. He
knows exactly what he's doing. Okay. He doesn't like Kamala Harris,
he doesn't, you know. He also doesn't like Barack Obama.
The Clintons can't stand Obama. They can't stand Obama. They
(01:09:47):
don't like Obama at all. Hokaz clean. Barack Obama made
oh Hillary Clinton his secretary of State. Okay, I was there.
I was there at the Democratic National Convention and I
reported on this because nobody else would the Clinton camp
at that convention, because the Democrats have something called super delegates.
(01:10:10):
They wanted to fight the Obama nomination. They cut a deal.
They cut a deal, and Barack Obama agreed to make
Hillary Clinton secretary of State. She was senator at the
time in New York, and then after Obama was done,
she could run. That was a deal that was cut.
But boat camps don't like one another. Barack Obama right
(01:10:30):
now is hitting it heavy on the campaign trail, working hard,
going overtime. Why why do you think he's still running
the country. Okay, he is still running the country. I
did a podcast on this a week week and a
(01:10:51):
half ago, titled the Obama's Fourth Term. This past week,
the Wall Street Journal jumped on my idea. Yeah, this
is going to be the Obama's fourth term if Kamala wins.
But just you need to understand all the game of
throne stuff behind the scenes. Watchdog on Wallstreet dot com
We'll be back.
Speaker 1 (01:11:12):
Chris Markowski is the Watchdog on Wall Street, taking Wall
(01:11:32):
Streets liars, crooks and cheets out behind the woodshed. You're
listening to the Watchdog on Wall.
Speaker 4 (01:11:39):
Street Yees economists omnipotence in American society. There there I
can there's no other job where you can be so,
I mean, you can be out there in the public.
You can have a job at Ivy League institutions where
(01:12:05):
no matter how wrong you are, you still keep your
column at the New York Times, you keep your column
at the Wall Street Journal, you keep your your job
at the Ivy League institution. You are revered. You go
to all the cocktail parties and you're the worst. You
(01:12:25):
just screw up everything. You're never right. All you do
is like all sorts of havoc with the advice that
you give out. Anyway, so you get various different Nobel
Prize winners that are now out backing Kamala Harris's economic policies.
Just so happens, these were the same economists that back
(01:12:48):
the Biden Harris policies. And also these same economists that
told us told us that Joe Biden's economic policies and
plans we're going to decrease inflation. Now again, I remember
(01:13:09):
all of these things because I actually read them. Yeah,
for whatever reason it may be, America is like okay, okay,
economics to oh this Nobel prize. You know what you
can do with your Nobel prize? You can, you can,
you know you you guys can use it as toilet paper.
As far as I'm concerned, you're always wrong. You give
(01:13:32):
perpetual bad advice. This this is funny, as past week,
as like clockwork. Alan Blinder is a Princeton economics professor.
And again, I challenge anybody out there to give me
one bit of recommendation or advice that he's given over
(01:13:54):
the years that's been accurate. They do the same thing
with Paul Krugman, who's also a Princeton economics professor, yet
he works at the New York Times. He writes columns
for New York Times. So here here's the title of
this column, Harris easily beats Trump on Economic policy. And
I read that title and I said, ah, it's gotta
(01:14:15):
be Alan Blinder, and I was like, yep, it is.
And I instantly thought of remember Gordon Gecko and Wall Street,
where you know he's talking about that guy Cromwell. What
is Cromwell doing out on a lecture sergate los an
x amount of dollars a point? This Turkey's totally brain
dead if he own a funeral, Parliam, nobody would die.
(01:14:38):
That's pretty much my reaction to these economists and this column,
and again this is in the Wall Street Journal is
so bad. It's so pathetic. I can't believe they printed it.
He gave nothing. The title of the column is Harris
(01:14:58):
easily beats Trump on economic policy. The only thing he
said that was good about Harris's economic policy is she
was going to tackle climate change and CO two, the
existential threat of our day. And you know how he
ended the column with this bit of real intelligent prose.
(01:15:19):
So I could go on and I could say much more,
but I'm running out of space. And a column this
is a a Princeton professor. Imagine one of his students
at Princeton turned into paper and said that, yeah, I could.
I could articulate my argument, but you know, I just
run out of space. My printer ran out of ran
out of uh die ran out of ink. Anyway, that
(01:15:43):
that that's economists nowadays. And again I've I try here
on the program to teach basic UH economic principles, you know,
the the Thomas Soul method. And again I recommend people
get that book that's goin to be a part of
your own personal library. Yeah, and I talk about here
(01:16:05):
on the program. Here I go, I'm gonna go off
on a tangent and a rant here. You know, you
talk about build, to create, protect, and teach. Okay, I'm
not I'm not going to be impressed, not going to
be impressed with your library of movies, even though I
(01:16:25):
collect them too. And I again see me in my
pop culture culture references all the time. Okay, build yourself
a library, build yourself a library. Good books, yeah, no, no, no, no, no,
no classics Okay, be like I said when you talk
(01:16:48):
about teach, Okay, be an example, be an example to
the youth of today so they can learn these wisdom
of the ages. If not, what are they gonna do?
They're gonna listen to lou There's a Nobel prizemen and
economists that's never been right, But the media says it's
the its way, so it must be this way. No no, no, no, no,
(01:17:09):
no no no no, that's not that's not going to advance.
It's not going to advance the country by any stretch
of the imagination anyway. Anyway, uh oh, I had to
talk about this elon musk Tesla's earnings. Tesla's earnings came
out and they blew away numbers and he he he's
(01:17:35):
got to be living who he is. He's living rent
free inside the heads of Democrats. His Tesla's earnings were great.
Why did he sell that many more cars?
Speaker 1 (01:17:49):
No?
Speaker 4 (01:17:50):
Not really, not really. Year over year auto sales increased
by one percent. You know what did increase? Okay, his
checks he's getting from other companies that are not following
the the green dictats from Washington DC. Oh yeah, that's
(01:18:12):
what again, other companies having to pay him off because
they're not green enough. Now, the Democrats hate Musk, they
hate x they're going after him. Yet he is making
a fortune off of their ridiculous policies. Again, living rent
(01:18:32):
free inside their heads. Anyway, got to take a break, everybody,
our three coming up, the Watchdog on Wall Street Show again.
I want to mind each and every one of you.
Become a part of the Watchdog on Wall Street family.
Get to our website, Watchdog on Wallstreet dot com, our
personal c F all program, free consultation with us. If
(01:18:53):
you also got our podcast, our newsletter, all sorts of
great stuff Watchdog on Wallstreet dot com, or give us
a call hey, four seven one fifty nine eighty four.
Speaker 1 (01:19:05):
You're listening to the Watchdog on Wall Streets. Well know
and altered investment banker, consumer advocate, analyst trader. Chris Markowski
(01:19:28):
is the watchdog the Wall Street You want to answer
exposing the lines and myths that the big brokerage firms,
the mainstream press, and the government are pushing to keep
Americans away from financial freedom.
Speaker 2 (01:19:41):
You can't handle the true truth.
Speaker 1 (01:19:44):
Bringing America the truth about what really happens in the
financial world.
Speaker 3 (01:19:48):
Ladies and gentlemen. We're not here to indulge in fantasy,
but in political and economic reality.
Speaker 1 (01:19:53):
This is the Watchdog Wall Streets.
Speaker 4 (01:19:58):
All right, Welcome back everybody. No our number three to
watch Dog on Wall Street Show. I did a podcast
this past week, and quick reminder, you know, our podcast
a little different than many of the others are running
long form podcasts out there. I do four or five
(01:20:19):
six a day, sometimes more, sometimes a few less on
one topic and then you know, separate them that way. Obviously,
things that are in the news, things that popped up,
things that make things that make you go how about that?
And again, we are one of the top business podcasts
in the country right now, and it's because of you,
(01:20:42):
more and more people signing up subscribing giving us great
reviews out there. So you can sign up on any
of the platforms, but we recommend going to our website
at Watchdog on Wallstreet dot com and doing so. I
did a podcast this past week, and I gotta go
over the things I said them the podcast today on
the show as well, because they're that important and they
(01:21:05):
got me really really angry, and I'm gonna try. I'm
gonna try really really hard not to get angry not
to yell when talking about the snout again. Like I said,
I'm an equal opportunity basher. I go after both sides.
And I've made it perfectly clear here in the past
(01:21:26):
that Donald Trump screwed up COVID. He did, and I
know I'm gonna get emailed. Well, was the advice he
was getting the people's hearing from and Founcy Bergs blah
blah blah blah blah blah. Listen. Okay, he should have
known better. He shouldn't have trusted the people in government
(01:21:48):
that were telling him these things. That should have been
his first instinct. That's why I think he's gonna be
a much much better president second time around. I'm gonna
learn from the mistakes of the past. He even again
in that interview that he did with Joe Rogan, which
was phenomenal, phenomenal. I thing hit, you know, a Friday ago,
(01:22:13):
and again I was up all night listening to that thing.
It was three over three hours long, hit like around
eleven o'clock at night. And when he was asked about
the mistakes he made, he said some of the people
that he hired and the people he listened to, and
when it came to COVID people again, it's really really
(01:22:35):
difficult for me, really difficult for me not to you know,
hate these people. I hate everything about it. I hate
what they have done. I hate the lies that we've
been told. I'm not supposed to hate the people that
did them, though, And it's unconsfortable. It really is. The
(01:22:57):
report that was put out, the House Report on Health
and Human Services COVID propaganda is absolutely devastating, devastating. Here,
the Biden administration spent almost eight billion dollars a billion
dollars to push lies about COVID vaccines and boosters and
(01:23:22):
masks on all of us. Now, if I if I
had a billion dollars. If I had a billion dollars
to spend on PR for Markowski Investments, and I just
went out there and lied to people about our performance
and what we've done and all this stuff. I go
(01:23:43):
to jail. I would go to jail. If any other
company did that, they'd be fined out of existence. But
the government did it to US. Health and Human Services
engaged a PR firm for as Marsh for the propaganda campaign.
(01:24:05):
The main goal was to increase COVID vac's uptake. Right
exaggerate COVID mortality risk was the strategy downplay the fact
that there was no good evidence that the COVID vacs
stopped transmission. The propaganda campaign extended beyond vac's uptake and
(01:24:25):
included exaggerating mask efficacy and pushing for social distancing and
school closures. Again, Jay Bouticharia doctor j. Botapataria put a
piece together on us this past week. Since the messaging
ultimately didn't match reality. Eventually the trust with the public waned.
(01:24:50):
The PR firm drew most of its faulty science from
the CDC and their guidance, which completely ignored the FDA's
findings on the vaccine's limitations, as well as all the
other actual scientific findings coming from other countries. The report
details the CDC's mask flip flopping through the years. Yeah,
(01:25:15):
all anti scientific, anti human masking of toddlers for crying
out loud. Former CDC director Rachelle Walenski rewrote CDC guidance
on social distancing at the behest of the National Teachers' Union,
(01:25:36):
guaranteeing what that schools remain closed in person learning for many,
many months. So all you teachers out there, Yeah, Teachers' Union,
we can stay home and we can drink rose all day. Yay,
we don't have to go to school, and we still
get paid. Disgusting. Again, one of the most evil in
(01:26:00):
institutions in the country, teachers' unions. During this period, the
PR firm put out ads telling parents that schools would
close unless kids masked up, stayed away from friends, and
got COVID vaccinated. Yeah, the the PR firm said masks
(01:26:24):
were needed. And this is after the CDC said, well,
you don't really have to wear them. The PR firm
is running ads. It's not time to ease up. Not
time to ease up in the absence of evidence. We
got to keep masking again. Here here's an actual commercial
and and this gives me almost it's bad memories. It
(01:26:46):
really is. My family has lived in our town for
six generations, so look at how far our neighbors is
something that comes natural to us. So when COVID hit,
we did what too to protect each other. Now vaccines
are here, and some folks are he's not a bit,
But that's a big mistake. That's because there are these
new forms of the virus and are spreading quickly. I
(01:27:07):
want to know how to find them. Just do what
you've been doing. Got a mass if it's good and strong, perfect,
giving your neighbors at least six feet of space, avoiding
crowds hang out inside of the people's houses and all
good stuff, y'all. And that was more important than ever. Look,
I'll definitely get my vaccine, was my turn. But now
ain't the time to let your guard down or your
mass down again. That was some of the ads that
(01:27:29):
they were running again. I want to punch a wall
when I see this stuff again. The Biden Harris administration
pushed for vax mandates. They pushed the false idea that
the vacs stopped COVID transmission. Why would they do that later?
(01:27:52):
When the FDA approved the vacs for twelve to fifteen
year old kids, the PR firm told parents that schools
could open in the fall only if their kids got vaccinated.
Did they mention any of the side effects? No, no, no,
All of these propaganda ads have been scrubbed from Health
(01:28:14):
and Human Services site. Again, it's embarrassing, basically basically treating
kids and other kids like their bio hazards unless they're vaccinated.
When the Delta variant came around, the PR firm doubled
down on fear mongering, masking, and social distancing. Here's another
(01:28:40):
ad here, here's double up dad. My son and I.
I were headed down to the store when he asked
me why I always get an extra bag of nuts
and an extra water. Well, it's a backup. I tell him,
it's doubling up so you're covered for later. He then
asked me why I'm still avoiding crowded places and wearing
my mask since I already got the VAC. I say, son,
(01:29:02):
it's the double up effect. It's doing our part in
doing what is right, so we're protected. There are new
forms of the virus, so we need to double up
and beat them again. Back in September twenty one, Lensky
overruled the agency's experts and recommended the booster to all
(01:29:23):
adults rather than just the elderly. They lied to us
about the mortality risk of COVID infection in kids. You
want to listen to the podcast. I did a lengthy
podcast on it this past week, but I had to
mention it again. I hope, I hope and I pray
(01:29:46):
that we've learned. I do. I think I think I
got in the back of my head that the younger generations.
I think that they get it. I think the boomers
for the most, I'm being honest, think of any of
the boomers out there, they just, you know, they're so
used to being doing what they're told that, you know,
(01:30:06):
the end that the government tells them to mask up
again and do this, they're just going to go and lockstep.
But again, I think about all of you people out there,
the nasty messages that you sent me, because we were
critical of everything, and we actually provided science, not not
the fake science, not to follow the science crap that
(01:30:29):
you were being told that the media was telling you.
We made it perfectly clear that everything the government was
doing was stupid. And again, this was not just during Biden,
this was during Trump too. Do you think about the
amount of money that we have spent as a society
that we wasted on this for nothing? People with their
(01:30:52):
oh and Facebook, stay home, stay safe. I was vaccinated.
Aren't you at home embarrassed? Aren't you at all embarrassed?
Some people aren't just doing what I was told. What
you don't have a brain inside your head, You're not
(01:31:13):
able to think for yourself anyway. Anyway, again, I I'm
enraged by this. I'm raised the fact that now the
meat is barely They ain't even touching the story, not
even talking about this story. Your government spent Joe Biden
spent a billion dollars sort of pr firm to lie
(01:31:35):
to you, to lie the Biden Harris administration spent a
billion dollars lying to you, and you vote for that.
And I guess, I guess some people it's like the
old Matrix thing, you know, you take the red pill
and people they don't want people want to they want
(01:31:58):
to live in their bubble. Many people there, they're happy.
They don't want any part of freedom. Talked about that
last week here on the show. They want no part
of freedom at all. They like being in their little prisons.
That's just sad, really is anyway. Watchdog on Wallstreet dot com.
(01:32:19):
Watchdog on Wallstreet dot com again, come part of our family,
the Watchdog on Wall Street family. Take advantage of all
the great stuff we have at our site. Watchdog on
Wallstreet dot com. Or give us a call eight hundred
four seven one fifty nine eighty four. We'll be back.
Speaker 1 (01:32:50):
This is the Watchdog on Wall Street.
Speaker 4 (01:32:59):
Certain certain candidates. Yeah, they're a little bit, a little
bit more open and free now with the nonsense that
they throw out. They really are. But they'll say things
from time to time that that you know, they'll show
their true colors. They'll show their true colors and exactly
(01:33:20):
who they are. I just thought about this. There was
a television show back in the nineteen eighties. It was
called V and basically the space aliens come down, but
underneath they had fake skin underneath that they were lizards.
Kind of Also think that movie with Roddy Roddy Piper
(01:33:42):
They Live, which is a cult classic. You got to
get the special glasses and you could see all the
the sta aliens there trying to tell people to obey
and to consume and to do all these things. So
at some point in time, you know, these politicians will
say something and you you know I'll see it. Not
everyone sees it, but I certainly do. I mentioned that
(01:34:03):
that point in time during the Obama Hillary Clinton debate
where Barack Obama said he wants to raise taxes not
because it's going to bring more revenue into the treasury,
but because of fairness. Kamala Harris has one of those quotes,
which is it's it's frightening. It is. It's frightening at
(01:34:24):
least for me. It is. At least for me, it is.
She said, if the goal is truly about equality, it
has to be about a goal of saying everybody should
end up in the same place. And since we didn't
start in the same place, some folks might need more
equitable distribution. We all should end up in the same place. Now,
(01:34:53):
I'm not I'm not talking about heaven. Later on she
certainly wasn't talking about that. How is how we know
all end up in the same place. I don't want
to end up in the same place as my competitors.
I want to be better, I want to work harder,
(01:35:13):
I want to do a better job. That's that's the
goal of you people on the left. Everybody should end
have equal outcomes. Do you understand how sick that is?
Do you understand that that philosophy had killed more more
people than Hitler ten times over? That philosophy. I mean,
(01:35:37):
it's sick, it really is. It's dystopian. For crying out loud,
Kamala Harris has a dystopian vision for America. There's no
other way to put it. I I've talked about this
(01:35:57):
short story before here on the Kurt Vonnegut, late Kurt Vonnegut,
he not you knows Laughterhouse five and some other books
he read, but he he did short stories as well,
and he wrote one in nineteen sixty one. It's called
Harrison Bergeron and basically, you know, in the story, the
(01:36:20):
plot goes. You know, it's it's twenty eighty one, and
the United States Constitution dictates that all Americans are fully equal,
fully equal, and are not allowed to be smarter, better looking,
or more physically able than anybody else. There's a position
(01:36:41):
in government called the Handicapper General, and he's got a
goons that enforce equality laws. Yeah, but that's what we
ware equality. We got the bumper sticker that's blue with
the equal side there. Everyone's gotta be equal. These equality
(01:37:03):
laws forced citizens to wear handicaps. If you were too
good looking, okay, you were Brad Pitt, you're Jennifer Aniston,
you had to wear a mask. If you were too intelligent,
you had to have an ear piece put in that
broadcast annoying noises and sounds to disrupt your thoughts. If
(01:37:27):
you were strong and athletic, you had to wear weights.
You think about I don't know, well, Lebron James, okay,
having to wear cement shoes while playing basketball, Well, you
know in the story. You know, that's basically the premise
behind the story, and a kid that rebels against it
and is eventually killed by the government. But that's people,
(01:37:53):
that's their vision. Thomas Jefferson and again I've talked about
this before Declaration of Independence. All men are created equal,
and we're created equal under the law. Okay, we are
created equal under the law. It's supposed to be applied
(01:38:16):
the same way for everybody. Not everyone is equal. The
goal is to end up in the same place. I listen,
I know people that you know again, they're you know,
they're not that driven with what they wanted. They're happy
way they are. That that's okay. Everyone is unique and different,
(01:38:40):
but what a what an awful want to talk about
dystopian world? Everybody is the same in the same place.
That's what Kamala Harris thinks is great and we're supposed
to again, well no, if you started now, if you
started on second base, so that's not fair. We got
to make sure everybody starts on or whatever it maybe
or pull you back? What why why would you do that? Listen,
(01:39:10):
everyone's situation is unique and different, and we don't judge
people ever based upon the size of their wallet. That's
that's not what it's about, you know, I go Martin
Luther King. It's a content of people's characters. But this
dystopian vision that the left is putting forward, I hope
all you younger people out there you get your arms
(01:39:30):
around it and understand how vile that will be, how
that the amount of people that that vision has killed
throughout history. Watchdog on Wallstreet dot com Watchdog on Wallstreet
dot com again is our site part of the Watchdog
on Wall Street family. Watchdog on Wallstreet dot com or
give us a call eight hundred four seven one fifty
(01:39:53):
nine eighty four.
Speaker 1 (01:39:55):
Chris Markowski is the watchdog on Wall Streets, the only
man who is taking on the Wall Street establishment. You're
(01:40:18):
listening to The Watchdog and Wall Street with Chris Markowski.
Speaker 4 (01:40:24):
As it stands right now. I want to talk about that,
you know, ending up in the same place and everyone's situations.
You can your friend. We're all different again. I like
what I do way too much, way too much. I
don't ever ever see myself stopping what I do or
stopping and working. I just just I enjoy it. Everybody's different, though,
(01:40:50):
everybody is different. One of the things, though, we try
to encourage in people is that if you're going to
check out from let's say the workforce, you're gonna leave
your job, whatever it may be. You can't check out
on life. You still have a purpose and an important purpose.
(01:41:17):
Especially older people. You got to understand something. The wealth
of knowledge that you have is needed again, build, create,
protect and teach as much as you possibly can because
it's healthy. There's a phrase. My phrase is saying that
(01:41:40):
Leonard da Vinci was in one of his codexes Iron
Russ from disuse. Stagnant water loses its purity, and in
cold water becomes frozen. Even so does in action sap
the vigor of the mind. So we must stretch ourselves
the very limits of you impossibility. Anything less is a
(01:42:03):
sin against both God and man. And He's right, ruth
them one hundred and ten percent. Anyway, kind of shocked
by this, it really was. You's had the Washington Post,
Washington Post, the LA Times, and I think also the
(01:42:24):
USA today declining to give an endorsement for the presidency.
And there was an absolute uproar, uproar at the Washington Post.
Oh my god, far left subscribers canceling their subscription, journalists
(01:42:46):
leaving the publication. Why because Jeff Bezos said, no, no, no, no,
We're going to sit this out. Anybody never wonder why
newspapers actually endorse certain and it's what's the point behind that.
I quite frankly do not. I don't get it. I
think it's a wrong thing to do. But anyway, Jeff
(01:43:08):
Bezos c pend topiece because people were ticked off in him.
He said. In the annual public surveys about trust and reputation,
journalists and the media have regularly fallen near the very bottom,
often just above Congress, but in this year's Gallup poll
we have managed to fall below Congress. Our profession is
(01:43:29):
now the least trusted of all. Something we are doing
is clearly not working. You don't say, Jeff, Let me
give you an aalogy. Voting machines must be two requirements.
They must count the vote accurately, and people must believe
they count the vote accurately. The second requirement is distinct
from and just as important as the first. Likewise, with newspapers,
(01:43:53):
we must be accurate and we must be believed to
be accurate. It's a bitter pill to swallow, but we
are fair on the second requirement. Most people believe the
media is biased. Anyone who doesn't see this as paying
scant attention to reality and those who fight reality lose
reality is an undefeated champion who would be easy to
(01:44:14):
blame others for a long and continued fall and credibility
and therefore decline an impact. But a victim mentality will
not help. Complaining is not a strategy. We must work
harder to control what we can control to increase our credibility. Again,
it was a lengthy piece. I'm not going to read
the entire thing on the program I did a podcast
(01:44:35):
on it as well. Yeah, he's onto something.
Speaker 1 (01:44:40):
He is.
Speaker 4 (01:44:41):
He was not stupid. He recognizes, he sees how well
podcasts are doing and outside the mainstream as far as
publications are concerned. And again, do they need to clean
up their act? Absolutely across the board. And I hope
they do. I hope they do. I just for the
(01:45:03):
life of me, I never really seem to understand, you know,
you just report on stories and the column as well.
He also mentioned because a lot of people saying, you know, oh,
you're influencing the reporting at the Washington Posts, and he says, no, way, no,
how have I ever had anything to do with that
publication as far as influencing the decisions editorial conduct, what's
(01:45:25):
going into stories, anything which is good? Which is good.
I mean, we've had mass consolidation within this industry and
even you know, it's a long you know, long standing
publications like the Wall Street Journal, they don't resonate like
they used to since the News Corp took over. I've
called for the breakup of many of these media companies.
(01:45:49):
We need a press that people can believe in. But again,
the market, god willing will provide, and we're getting more
out of podcasts. A we're getting more online publications and
more great journalists going to substack and putting their information
out there. So again we're gonna see what's gonna happen
(01:46:09):
moving forward. But again I gotta give kudos to Jeff
Bezos without a doubt. I think it's a great guts
for the Washington Post to say, hey, you know what,
We're not gonna nominate anybody Watchdog on Wallstreet dot com.
Watchdog on Wallstreet dot com again. Become part of the
Watchdog on Wall Street family. Take advantage of all the
great stuff we have at our site, our podcast, our newsletter,
(01:46:32):
personal cf all program, Watchdog on Wallstreet dot com, or
give us a call eight hundred four seven one fifty
eight four. You say.
Speaker 1 (01:46:57):
You should believe in math, not magic. You're listening to
the Watchdog on Wall Street with Chris Markowski.
Speaker 4 (01:47:12):
All right. I mentioned this earlier on in the program,
and I actually I had the quote here and I didn't.
I didn't quote him exactly. It was JD Vance being
interviewed and it is being interviewed by by Chris Cmo.
It was talking about politics, and I was talking about
about making lists with people out there and he said,
(01:47:35):
this is great. He said, if you discard a lifelong
friendship because somebody votes for the other team, you've made
a terrible mistake. Don't cast aside family members and lifelong friendships.
Politics is not worth it. And I couldn't agree more anyway.
I have ripped, ripped into the Boeing Corporation and time
(01:48:02):
again the another too big to fail company here in
the country. The issues that Boeing has again, it's because
they're too big to fail. Uh. They Hey, you know
what we're gonna We're going to financial engineer this company.
We're going to bring in accountants and bean counters and
(01:48:23):
Harvard NBA, McKinsey types rather than engineers. And they have
been on a down word spiral. I hope they can
turn around. I hope they can turn around. I don't
have a lot of confidence. You know, blue chips die,
they do. And again that that might be a solution
(01:48:46):
for Boeing, But putting that aside for a quick second,
put that aside for a quick second. I had a
few emails this past week, Chris, great, you see this,
you see this story. But Bowie overcharging the Air Force
by eight thousand percent. Yeah, I saw it. I saw it,
(01:49:08):
but I happen to have a different take than most
of most of my listeners who sent me this story.
They were angry at Boeing Boeing history. Boeing overcharge the
US Air Force for spare parts for C seventeen transport planes,
including marking up the price of soap dispensers by seven,
(01:49:29):
nine and forty three percent. They reeled the Air Force
overpay nearly one million for a dozen spare parts, including
one hundred and forty nine thousand dollars for an undisclosed
quantity of laboratory soap dispensers. Oh, I can go on,
I go on, But you got the Inspector General, Robert
(01:49:51):
Storch that emphasized the need for the Air Force to
establish and implement more effective internal controls. Really. Wow, you
don't say. Now, I'm gonna talk a little bit bring
capitalism into this because people are upset. Listen, I'm a taxpayer,
you're a taxpayer. I'm ticked off. I'm ticked off that
(01:50:13):
we spent all of this money on this nonsensical crap.
We were overcharged, But guess what, We're supposed to have
people in charge that are supposed to be mined in
the store and taking care of this. This is again,
this is capitalism people. It's a free market. A soap
dispenser is worth what somebody is willing to pay for
(01:50:37):
that soap dispenser. And if the pentagon is that's stupid
to spend that much, why wouldn't bowe and charge it?
Just saying Watchdog on Wallstreet dot com, Watchdog on Wallstreet
dot com, our site, our newsletter, all sorts of great stuff,
Watchdog on Wallstreet dot com, or give us a call.
Speaker 1 (01:50:59):
Hey four seven one fifty nine eighty four, bringing America
financial freedom, one listener at a time. You're listening to
(01:51:21):
the Watchdog on Wall Street with Chris Markowski.
Speaker 4 (01:51:27):
We're back giving it hisnee. You watch Dog on Wall
Street Show. Always honored to have you tuned into the program.
I know I've I've talked about this before and it's
opportune time to talk about it again. I'm gonna say
it first. I'm the only one that's saying it. I
(01:51:49):
don't see anybody else saying what I'm about to say.
Thank you for not voting. I'll say it again, thank
you you the jump front. Thank you for not voting. Again,
I've written about this. I've talked about this. There is
(01:52:10):
so much pressure pressure out there, media, your peers, make
till you vote. Gotta go out and vote. Those stupid
ass stickers I voted that they put on. If you
follow what's going on in the world going if you're
(01:52:31):
listening to this show, so you know you probably are,
then by all means, go and vote. I for the
life of me, you get these commercials on during sporting
events all the time. Rock the vote back in the day,
you know, gig, Sure your vote counts, But if you
(01:52:52):
don't know what you're talking about, if you really don't,
you don't study the issues, why would you vote in
that election? I remember, you know, when I moved first,
moved to uh Long Island. This was you know, eight
nine years ago in Florida now, But it was an
(01:53:15):
election taking place, and I didn't know who certain candidates were.
I didn't vote in those races. I didn't know. Well,
why should I cancel out somebody's vote? Who is who's
well informed? And no, I don't know. I don't know
what to tell you. I'm just gonna go straight down
to ticket.
Speaker 3 (01:53:35):
Now.
Speaker 4 (01:53:35):
I don't do that either, Okay, don't you know you
want to vote? I think that's great. Okay, that's fantastic.
Go out there and do it. But make yourself a
well informed voter. That's going to bring up a whole
heapload of strength to this country. Anyway, Anyway, I gotta
(01:53:56):
have a little fun here, Kill Kill Willie the Windmill edition.
Remember the movie Free Willy Again. I'm not a fantasy world. Sorry,
not a fantasy world. I don't like aquariums that keep mammals.
(01:54:17):
I don't think dolphins and whales and all that stuff
should be kept in swimming pools. I think it's just
plain evil, and I always thought that. I remember as
a kid, I probably was maybe five or six years
old and first coming to Florida. My grandparents moved down here,
and remember going to Disney World at the time. I
(01:54:41):
also remember we went to SeaWorld, and I distinctly remember
a young age, does you know, upset this big whale
is in this swimming pool? But anyway, neither here nor there,
Kill Willy is where we're at right now. Again, not
surprised by this by any stretch of the imagination. They're
(01:55:02):
now getting data about whale and dolphin killings off the
coast of the UK. Yeah, you want to put this
in a perspective, since they started putting, you know, windmills down,
the amount of dolphin and whale debts has more than doubled,
more than doubled. And we've had the same problem in
(01:55:25):
the United States off the coast of Long Island and
New Jersey as well. They are a clear danger to
many endangered species. Now remember back in the day where
that was like a thing for the environmentalists. Save the whales, right,
that was the thing, And again it's a thing for me.
(01:55:45):
I am really big. I'm under the RFK junior camp.
When it comes to protecting habitats and protecting species and
all of these things. I have no problem with that
at all. But for whatever reason it may be all
the new high priests and priestesses of the environmental movement
(01:56:06):
they don't like whales, and some of them. The information
is extraordinary that the type of volume and noise and
what's taken place out there is unbearable for marine mammals.
Researchers have known since twenty thirteen that pile drivers were
(01:56:28):
permanently deafening porpoises, leaving them, presumably to die miserable debts,
wandering blindly through dark and murky areas. Again, I remember
when I was a kid, how many people got National
Geographic as a kid. I did Again. I was a
gift from my aunt and I loved it. And I
remember I got this addition and it had all it
(01:56:52):
was just Whale edition and had all these long cutouts
in the middle, and also came like a little vinyl
album and it would play like whale songs. You could
hear them. And I get learning back into how they
communicated in sonar and all of these things. But you
don't think that these windmills are doing damage we covered
(01:57:12):
here on the show. This is well over ten years
ago when they were putting them on land. What it
was putting people through, the vibrations in the air, what
was doing to their heads was awful. Yet again, the
big devil right now, the big green devil out there
is CO two zero. Yeah, how's that working out across
(01:57:33):
the board? I don't know if you saw this past week. Volkswagen.
Volkswagen is seventy eight years old. Seventy eight year old German,
all familiar with Volkswagen. They have to lay people off,
they have to close plants, they have to lay people
off and they have to close plants because people aren't
(01:57:55):
buying their electric vehicles. And the European government saying, oh,
you got to make these vehicles. And again, this is
is a big part of Kamala Harris's plan. She wants
to push this electric vehicle nonsense on everyone as well.
It's a failure people again. Think said it early in
(01:58:17):
the program, The Church of Unintended Consequences. Oh we gotta go.
Time's up. Watch Dog on Wallstreet dot com. Watchdog on
Wallstreet dot com. God bless everyone. We'll see you next week.
Have a good one.
Speaker 1 (01:58:34):
You're listening after the Watchdog on Wall Street