November 12, 2024 • 11 mins
Capitalism and the Environment. www.watchdogonwallstreet.com
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it will have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.
Speaker 2 (00:16):
Capitalism and the environment. Yeah, that's part of the left
religion out there that somehow capitalism, capitalism is the problem
when it comes to the environment and whether it be waste,
whether it be fossil fuels, whether it be toxic waste dumps,
(00:39):
whether it be plastics, a myriad of things. They're going
to blame it on greed and capitalism is a reason
why the environment is so terrible, is so bad? No, No, Capitalism, capitalism,
when conducted properly, is the cure for the environment. It's
(01:02):
the answer. Again, this is I talked about this probably
ten fifteen years ago on the program at some point.
The reason I'm bringing it up today talk about the
lee Zelden is going to be Donald Trump's pick for
the Environmental Protection Agency, and I think it's a good one.
(01:25):
He wants to They said, he got her own sure,
fair and swift deregulatory decisions that will be enact in
a way to unleash the power of American businesses while
at the same time maintaining the highest environmental standards, including
the cleanest air and water on the planet. He will
set new standards on environmental review and maintenance that will
allow the United States to grow in a healthy, well
structured way. That's the statement. Okay, let's get back to
(01:51):
how capitalism can save the environment. Does anybody like to
live in filth? Huh? That's the thing about it said,
did you know, did do do do rich people decide
to move to shitty neighborhoods that are disgusting, that have
(02:15):
bad water, that that's something that they want to do. Now,
I've I've been able to travel many places around the
globe and you could see for yourself. You can go online,
you can take a look, look at videos, look at
take a look at videos of the water in Bangladesh
and some of these areas in the garbage. Oh yeah,
(02:40):
all the problems we can talk about plastics and oce
you know where that all comes from, right, poor areas.
I've I've talked about that Sam Kinnison bit from the
nineteen eighties where uh, all the there's USA for Africa
and we are the world, world, and you know, make
(03:01):
a long story short is a great comedic skit that
I can never do justice to. His basic point is
to stop stop sending these people food, stop sending them money,
send them U hauls and tell them to move where
the food is. In essence, the same thing. Teach people
to make money, provide them the opportunities to go out
(03:24):
there and build wealth. That solves all of the environmental problems. Again,
we need to have sensible regulations. We live right now
in a country, a country that is a bureaucratic disaster.
(03:49):
It is a bureaucratic mess. We need to have people regulators,
and I want tough regulators, but you want regulators that
are going to work. Rather than say no a thousand
different ways and create a myriad of different nonsensical loopholes,
(04:11):
why not say, Okay, this is a project, this is
what our concerns are. Let's figure out a way to
make this work where it is going to be phenomenal
for the environment, where it's going to help everyone. You
cannot have knee jerk reactions to pseudoscience studies or whatever
(04:32):
the fan is at that point in time. You know,
take a good hard look at what's taken place in
Europe right now. You want to you want to talk
about self inflicted gunshot wounds. Okay, that's what Europe did
to itself with its stupid They call it green, green
(04:54):
energy policies. How did that work out? How is it
working out right now? Where your people are now out
getting fired, getting laid off for the first time ever.
Companies can't stay in business, not only because you are
forcing to make cars that people don't want, but the
energy costs are too high. You don't think that's a
(05:14):
factor in doing business. You shut down your nuclear power
plants for what, for windmills, for solar to rely on Russia?
How stupid can you be? You know A great another
way of looking at it as well, too, travel around
this country. You could go go to go to cities,
(05:38):
go to liberal cities, go to go to major cities
here in this country that are run by the left.
Oh that they're all for the environment, right, it's flipping embarrassing,
it really is. You know, flying into New York City,
(05:58):
flying into New York City, or coming home from New
York again this past summer, I came back from vacation
and you know, taking taking the ride from Athens to
Athens Airport in Greece. Beautiful ride, gorgeous. Okay, Compare it
(06:19):
to going from j F K's home. It's coming out
of jail. It's it's garbage everywhere, sides of the streets.
Nobody's cleaning up. This is This is a liberal city,
right liberal left wing city. You guys can't even can't
(06:44):
pick up your garbage. It's disgusting. It's New York the
ever take a look fly in Oakland, San Francisco. It's
it's embarrassing. It's embarrassing. We all again. I last I
(07:04):
talked about being a good steward. We need to be
good stewards of the environment. And that can be done
where guess what capitalism can work and the rising tide
could lift all boats and we can build more wealth.
The world needs energy, world needs energy, and we can
(07:27):
do it. We're better equipped than anyone else in the
entire world. For crying out loud, I'd laughed at them, No, no,
no more gas, and no more of this, and are
you an even mind? Again? We have respect for individuals
here in the United States. Do you think they have
that type of respect for individuals in places like China?
(07:49):
Giving damn you've seen a smog. I mean, compare the
air here in the United States a place. I'm are
you kidn me? Isn't that what we want everywhere? This
is not what we need to show people. You know,
you get this ridiculous climate conference that's that's taken place
(08:12):
right now, where's it? Azerbaijeanerbijan here? The Cop twenty nine, right?
Is that what they're calling it's Cop twenty nine. It's funny.
It was this group, this group vote. It was this
fake group that was basically they recorded the entire thing.
They got in contact with the one of the UH,
(08:36):
the heads of Azerbaijan UH in their His name is
Elner Sultanov. He's the deputy energy mister minister, and he's
the chief chief of the whole climate conference that's taken place.
He was recorded recorded discussing investment opportunities there for their
(08:58):
oil and gas and developing it and Azerbaijan all of
these people are saying oh and oh no, yeah, we're
going all towards renewables. That they're all a bunch of
crooks and criminals. And you're looking to these people that
continue to line their pockets. You see these places around
(09:20):
the globe. Yeah, they have all of that stuff, but
they're they're controlled by by what they're called, you know,
basically you know, the richest people in the world. Okay,
they're they're controlling all of these things that these aren't
these autocrats whatever you want to call them. Okay, they
(09:43):
control these massive deposits. They're Oh, they'll have their conferences
and all that stuff, but come on, but they're selling out. See,
we don't do things that way here in this country.
We don't. Just be honest, we don't. We can all
you want to go out and buy stock in an
oil company, oil service company, you can have ownership in
(10:05):
all of these things. We do a better job than
anywhere else. Does that mean I mean, do we have
ways that we need to improve. Absolutely, But that's something
we should always be looking to do, always be looking
to do. Again, who wants to live in filth? Who
in the world wants to live in filth? And again,
(10:27):
as far as rip percussions for the evil people out
there that look to cut corners, that look to pollute, yeah,
they need to be dealt with. Okay, to me, that's
a saint, which is a crime against humanity. Do we
(10:48):
need regulations? Apple absolutely. Do we need regulations. Do they
need to be sensible? Yeah? They do. Can we do
it better than anyone else? Damn straight doggin Wall Street
dot com
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it will have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.
Speaker 2 (00:16):
Capitalism and the environment. Yeah, that's part of the left
religion out there that somehow capitalism, capitalism is the problem
when it comes to the environment and whether it be waste,
whether it be fossil fuels, whether it be toxic waste dumps,
(00:39):
whether it be plastics, a myriad of things. They're going
to blame it on greed and capitalism is a reason
why the environment is so terrible, is so bad? No, No, Capitalism, capitalism,
when conducted properly, is the cure for the environment. It's
(01:02):
the answer. Again, this is I talked about this probably
ten fifteen years ago on the program at some point.
The reason I'm bringing it up today talk about the
lee Zelden is going to be Donald Trump's pick for
the Environmental Protection Agency, and I think it's a good one.
(01:25):
He wants to They said, he got her own sure,
fair and swift deregulatory decisions that will be enact in
a way to unleash the power of American businesses while
at the same time maintaining the highest environmental standards, including
the cleanest air and water on the planet. He will
set new standards on environmental review and maintenance that will
allow the United States to grow in a healthy, well
structured way. That's the statement. Okay, let's get back to
(01:51):
how capitalism can save the environment. Does anybody like to
live in filth? Huh? That's the thing about it said,
did you know, did do do do rich people decide
to move to shitty neighborhoods that are disgusting, that have
(02:15):
bad water, that that's something that they want to do. Now,
I've I've been able to travel many places around the
globe and you could see for yourself. You can go online,
you can take a look, look at videos, look at
take a look at videos of the water in Bangladesh
and some of these areas in the garbage. Oh yeah,
(02:40):
all the problems we can talk about plastics and oce
you know where that all comes from, right, poor areas.
I've I've talked about that Sam Kinnison bit from the
nineteen eighties where uh, all the there's USA for Africa
and we are the world, world, and you know, make
(03:01):
a long story short is a great comedic skit that
I can never do justice to. His basic point is
to stop stop sending these people food, stop sending them money,
send them U hauls and tell them to move where
the food is. In essence, the same thing. Teach people
to make money, provide them the opportunities to go out
(03:24):
there and build wealth. That solves all of the environmental problems. Again,
we need to have sensible regulations. We live right now
in a country, a country that is a bureaucratic disaster.
(03:49):
It is a bureaucratic mess. We need to have people regulators,
and I want tough regulators, but you want regulators that
are going to work. Rather than say no a thousand
different ways and create a myriad of different nonsensical loopholes,
(04:11):
why not say, Okay, this is a project, this is
what our concerns are. Let's figure out a way to
make this work where it is going to be phenomenal
for the environment, where it's going to help everyone. You
cannot have knee jerk reactions to pseudoscience studies or whatever
(04:32):
the fan is at that point in time. You know,
take a good hard look at what's taken place in
Europe right now. You want to you want to talk
about self inflicted gunshot wounds. Okay, that's what Europe did
to itself with its stupid They call it green, green
(04:54):
energy policies. How did that work out? How is it
working out right now? Where your people are now out
getting fired, getting laid off for the first time ever.
Companies can't stay in business, not only because you are
forcing to make cars that people don't want, but the
energy costs are too high. You don't think that's a
(05:14):
factor in doing business. You shut down your nuclear power
plants for what, for windmills, for solar to rely on Russia?
How stupid can you be? You know A great another
way of looking at it as well, too, travel around
this country. You could go go to go to cities,
(05:38):
go to liberal cities, go to go to major cities
here in this country that are run by the left.
Oh that they're all for the environment, right, it's flipping embarrassing,
it really is. You know, flying into New York City,
(05:58):
flying into New York City, or coming home from New
York again this past summer, I came back from vacation
and you know, taking taking the ride from Athens to
Athens Airport in Greece. Beautiful ride, gorgeous. Okay, Compare it
(06:19):
to going from j F K's home. It's coming out
of jail. It's it's garbage everywhere, sides of the streets.
Nobody's cleaning up. This is This is a liberal city,
right liberal left wing city. You guys can't even can't
(06:44):
pick up your garbage. It's disgusting. It's New York the
ever take a look fly in Oakland, San Francisco. It's
it's embarrassing. It's embarrassing. We all again. I last I
(07:04):
talked about being a good steward. We need to be
good stewards of the environment. And that can be done
where guess what capitalism can work and the rising tide
could lift all boats and we can build more wealth.
The world needs energy, world needs energy, and we can
(07:27):
do it. We're better equipped than anyone else in the
entire world. For crying out loud, I'd laughed at them, No, no,
no more gas, and no more of this, and are
you an even mind? Again? We have respect for individuals
here in the United States. Do you think they have
that type of respect for individuals in places like China?
(07:49):
Giving damn you've seen a smog. I mean, compare the
air here in the United States a place. I'm are
you kidn me? Isn't that what we want everywhere? This
is not what we need to show people. You know,
you get this ridiculous climate conference that's that's taken place
(08:12):
right now, where's it? Azerbaijeanerbijan here? The Cop twenty nine, right?
Is that what they're calling it's Cop twenty nine. It's funny.
It was this group, this group vote. It was this
fake group that was basically they recorded the entire thing.
They got in contact with the one of the UH,
(08:36):
the heads of Azerbaijan UH in their His name is
Elner Sultanov. He's the deputy energy mister minister, and he's
the chief chief of the whole climate conference that's taken place.
He was recorded recorded discussing investment opportunities there for their
(08:58):
oil and gas and developing it and Azerbaijan all of
these people are saying oh and oh no, yeah, we're
going all towards renewables. That they're all a bunch of
crooks and criminals. And you're looking to these people that
continue to line their pockets. You see these places around
(09:20):
the globe. Yeah, they have all of that stuff, but
they're they're controlled by by what they're called, you know,
basically you know, the richest people in the world. Okay,
they're they're controlling all of these things that these aren't
these autocrats whatever you want to call them. Okay, they
(09:43):
control these massive deposits. They're Oh, they'll have their conferences
and all that stuff, but come on, but they're selling out. See,
we don't do things that way here in this country.
We don't. Just be honest, we don't. We can all
you want to go out and buy stock in an
oil company, oil service company, you can have ownership in
(10:05):
all of these things. We do a better job than
anywhere else. Does that mean I mean, do we have
ways that we need to improve. Absolutely, But that's something
we should always be looking to do, always be looking
to do. Again, who wants to live in filth? Who
in the world wants to live in filth? And again,
(10:27):
as far as rip percussions for the evil people out
there that look to cut corners, that look to pollute, yeah,
they need to be dealt with. Okay, to me, that's
a saint, which is a crime against humanity. Do we
(10:48):
need regulations? Apple absolutely. Do we need regulations. Do they
need to be sensible? Yeah? They do. Can we do
it better than anyone else? Damn straight doggin Wall Street
dot com
Popular Podcasts
CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.