Watchdog on Wall Street: Podcast for Weekend of December 28 - December 29 2024

Best of the Watchdog on Wallstreet

Episode Transcript

Speaker 1 (00:07):
Well, no one altered. Investment banker, consumer advocate, analyst, trader.
Chris Morkowski is the watchdog Wall Street? Do 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 (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 economic reality.

Speaker 1 (00:40):
This is the Watchdog Wall Streets.

Speaker 4 (00:43):
I have a sinking suspicion that I'm gonna probably need
to go to church after this show today. I'm going
to probably have a difficult time keeping my my snark
and aggravation in check. Here program, Welcome everybody. This is
a big show, big show today here watch Dog on

(01:07):
Wall Street Show. I am been crushed with questions in
regards to what's next, Chris, what's gonna happen next, What's
gonna happen next with the President, what's gonna happen with
the markets, what's gonna happen with the economy? What about
this pick? What about that pick? And we're gonna go

(01:29):
over that we're gonna go over that today. And again,
what separates this program from every other program out there.
Our agenda, sure and simple, is to help you. Is
to help you to be able to navigate finance storms, corrections,

(01:49):
understand all of the nonsensical narratives and conventional wisdom, which
is poison that is constantly being shoved down your throat.
You listen to this show, you're gonna you're gonna eventually
become immune to all of the proverbial bull excrement that
is here, there and everywhere. Now, many people out there

(02:14):
right now they're talking about, oh geez, look at what
the markets have done since Donald Trump has become president.
And this is all because of his policies that he's
putting forward. And yes, there there's absolutely some truth to that.
And it's interesting is that the market has a normal day,

(02:34):
I gonna do much, maybe trades down a little bit,
because you whiz, markets do that from time to time.
All mainstream media is out there. Oh jesus, it's paused.
The Trump electoral bumps, stock market bump has paused. It's
taken a taken a breather here. Maybe it's not gonna
work out then you're gonna bring these morons on various

(02:55):
different programs to say, oh yeah, it's just a facade,
all right, I am gonna serve up some reality when
it comes to the overall economy right now. And again,
this is nothing new to people been listening to this
program for a while. Donald Trump, Donald Trump becoming president,

(03:16):
he has been handed handed a large steaming pile of
crepola when it comes to economic numbers. The books, my friends,
have been cooked for some time. And gee whiz, what

(03:38):
are the only program that has been telling you this
for some time? That would be us, That would be us.
We laugh at the ridiculous jobs numbers that come out
every single month. We look at the internals to see
how ridiculous they are. I was happy to see this
past week another former Wall Street money manager Ed Dowd

(04:00):
came out and basically saying the same thing that we've
been saying here on the program that Donald Trump has
been handed again a fraudulent set of books. Ej Antoni
from the Heritage Foundation. An actual economists out there, I say,
this is where the snark is coming in. An economist

(04:21):
that actually has a few brain cells that you can
rub together, has it just provides just facts, facts in
regards to what is happening on the ground. I'm going
to go through some of these. Okay. The percent of
credit card debt that is in severe delinquency continues to rise.

(04:43):
We are at levels that we saw back during the
Great Recession. The cost of living for retirees has increased
faster than the general cost of living since January twenty
twenty one, now up twenty point eight percent. The typical

(05:05):
senior citizen who was about to retire now must work
another six years due to inflation over the past four years.
And when you hear out there, when you hear out there,
inflation coming down. Yeah, the economy's really good. Inflation coming down.

(05:30):
Know what you need to translate that into is that
food prices have never been higher and they're still going up,
still going up for years. Yeah, We've been talking about
this for fifteen some odd years here on this program.
We really started pointing it out. We basically went into

(05:51):
the Markowski Investments inflation index, which is what stuff that
we have to live on every single day, whether it
be in assurance, whether it be coffee, whether it be
kids sports, whether it be food. The things that we
spend money on every single day, not the television that
you have to buy once every ten years, but living costs,

(06:15):
survival costs in the United States. That's what it should be.
We should have an inflation index. It should be called
the Markouskime survival index, because those are the costs that
really matter. Those prices continue to go up. The average
weekly paycheck has jumped one hundred and seventy one dollars

(06:39):
since January of twenty twenty one. Yeah, so what inflation
has gobbled that all up? And more? Those paychecks that
are paying one hundred and seventy one dollars more by
thirty two dollars less a week. Everything is off the

(07:00):
according to the government. Wrong. Wrong, this is this is
what Donald Trump has inherited. I see storms ahead. I'm
telling you right now, Telly. And if you guys don't
believe me, go go new listeners out there, Go and

(07:22):
check our site, Go read our columns. We told you
made fun of the inflation as transitory, so that there
were storms ahead at that point in time. We called
the Great Recession, we called the dot com collapse, we
called Enron. Okay, do I see do I know of
a catastrophic collapse, mark stock market crash. No, no, And

(07:44):
I've tried to make this perfectly clear. You never bet
on the end of the world. It's only going to
happen one time. The last last major I mean, COVID
was a short end of the world event as far
as the pundits and the markets were concerned. Go back
to two thousand and eight, two thousand and nine, Sky's fallen,
World's going to end. What did they do at Markowski Investments?

(08:09):
How did Markowski Investments do so? How the clients at
Markowski Investments make it through all of these calamities by
not doing stupid stuff? Don't do stupid stuffed don't act
upon your emotions. Now we've seen the markets run up,

(08:35):
and that's great. And again some of the positions that
we have taken over the past couple of years are up,
as Donald Trump would say, bigly, bigly, and we'll talk
about what we're doing with that. At this point in time,
I'm telling you to be prepared, be prepared. And one

(08:59):
of the things, and I discussed this last week on
the program, stock market sell offs, dips in the market
are good things. They're not bad things. They're wonderful things.
They're tremendous things. I love it when it happens. You're
able to buy stuff on sale. You're able to buy

(09:25):
quality companies on sale. What in God's creation is wrong
with that? Some people listening to program bere like, well, yeah,
I'm living off my portfolio. Well, if you're living off
of your portfolio, you most certainly should have a certain
portion of your portfolio in cash and cash equivalents. So

(09:48):
when the market sells off, guess what, Who cares? Who cares?
You might be able to take some of that cast
position and buy some on sale. If you are someone
in a position where you are not utilizing your portfolio,
you're building it. You're building wealth and your dollar cost
averaging on a regular basis, you should be taking advantage

(10:13):
of all of this. Not to mention the fact, would
I be would I be upset? Would I be disappointed?
Because some people are saying this too. You get a
lot of lefties out there. Donald Trump's gonna cause a
recession because it's gonna cut here. Elon, They're gonna cut
all this government spending and it's gonna cause a recession.

(10:34):
Who cares? Who cares? We're the only ones that explain
to you that recessions are bloody good things. They happen
for a reason. Recessions are like the lymphatic system of
the human body, as long as the recession is handled properly.

(10:59):
What I mean by properly is taking the necessary making
the necessary adjustments, getting rid of the gunk, cutting out
the waste, and moving forward. Not putting companies on life support,
not printing ungodly sums of money and having the government
misallocate those resources to companies. Businesses areas in the government

(11:22):
the bureaucracy that don't deserve it. Recessions are fantastic. They
really are. If you can take two steps backward to
take twenty steps forward, that that to me is a
win win situation. Don't you think if Vivek and Elan

(11:44):
and Donald Trump start cutting a crap out of government
which we need and it causes a recession, do you
know what's going to happen when we come out of
that recession? Do you understand the type of boom we're
going to have? Do you know toed something in the past,
prior to the Great Recession. Prior to the Great Recession,

(12:06):
the US economy would go like gangbusters. After a recession
would take off, the economy would boom. How did that
work out when Obama was president? Nothing doll boring. Remember
Joe Biden out there all the time for recovery Summer, Ah

(12:29):
recovery summer Barack about, oh everything's gonna thinke that they
thought that all of their big government nonsense was gonna
get the economy on track and get the economy going again.
It didn't do anything. We're stuck in the mud. Stuck
in the mud because of the size of government. I

(12:49):
want everybody out there to recognize, Okay, recognize there is
gonna be some potholes, There's gonna be some bumpy area.
Is the market is gonna be taking some hits over
the next couple of years. Who cares. I don't care.

(13:09):
I'm gonna keep doing what we've been doing for thirty
plus years here at Markowski Investments, and we're gonna keep
killing it because we're not gonna subscribe. We're not gonna
listen to the pundits on TV. We're not gonna listen
to the liars, the crooks, and the cheeks. We take
them out to the woodshed on this program week in,
week out. You wanna time the market. Huh, good luck

(13:33):
with that. Own high quality companies, dollar cost average. This
is how you navigate financial storms, corrections, and volatility. This
is what we do. By being a part of this program,
by being a part of Markowski Investments, our clients, listeners,

(13:54):
whatever it may be, you're gonna discern the difference between
conventional wisdom and the reality of the terrain. God willing,
God willing. You know these things get done. And don't
tell me you don't sense it. Don't don't tell me

(14:16):
you don't feel it. There's that excitement in the air
right now, that excitement in the air about what we
can do again utilizing our full talent here in this country.
What is possible? No two percent growth, one and a
half percent GDP growth, That, for lack of a better phrase,

(14:37):
sucks for the United States of America. We're better than that.
We are better than that. And I think we can
get on that high growth tracked again. But there's going
to be bumps along the way. And again they're already
out there. I've been saying for some time. You take

(14:59):
away you take away government spending, You take away the
crap that the government is doing government jobs. You know me,
almost twenty four million federal employees. Twenty four million, they're
the ones that have been doing the hiring. For crying
out loud, you take away all that. We are in
a recession period the end. So let's just accept that

(15:23):
at this point in time. Let's accept it, except what's
gonna happen because again, they're gonna this is all these
real numbers are gonna start coming out post inauguration because
they're gonna use it against the president and just understand
what's coming, and it's gonna be great. Yeah, I'm gonna
take some hits here and there, gonna take some hits, nothing,

(15:46):
no big deal. We're gonna take them and we're gonna
get better. Anti fragile, my friends. Okay, we're not just robust,
We're not resilient. We're better. We take hits and we
get stronger. That's how we design our portfolios. That's how
we do things at Markowski Investments. Gotta take a break.

(16:10):
Watchdog on Wallstreet dot com. Watchdog on Wallstreet dot com
is our site again. I'm inviting each and every one
of you to become a part of our family at
Markowski Investments. Our personal CFO program, my podcast, my newsletter
all sorts of great stuff Watchdog on Wallstreet dot com.
We have a twenty four hour day helppopline as well,

(16:32):
eight hundred four seven one fifty nine eighty four. We
will be back be a lot of you.

Speaker 1 (16:54):
This is the Watchdog on Wall Street.

Speaker 4 (17:07):
You know, I guaranteed you know, at this show, I'll
be answering emails. I try it again. I try to
get away from the emails and the messages until Sunday,
late Sunday afternoon, Sunday evening. I'm not one of those
guys that watches football all day Sunday. Man, I catch
a game, but I start getting into them. I know,

(17:30):
I know it's right now. I can tell I'm not
even miss Cleo for crying out out. I know what
you know? Well, you know, Christy, you're saying that the
markets are gonna get volved on things are going down.
Maybe we should just sell right now and get back in. Yeah, okay,
let me explain to you something. Any anybody out there
on TV, any of these pundits out there, you buy, sell,

(17:53):
hold into the market, out of the market. They are
all full of crap. Okay, they are all full of crap.
I my friend and I we're talking. We know this
this guy I know, and you know it's amazing because
he likes to gamble. He talks about every single time
he goes to casino and we laughed because every single

(18:16):
time he says, oh yeah, what the casino on it?
In real well, I made money on this. I was like,
and we look at this. Yeah, you ever lose. So basically,
you're gonna try time the markets going in and out.
You know the right time to get back in and
the right time to get back out. Do you. Nobody
can do that. Nobody can do that, So don't, So don't.

(18:39):
I've talked about this is this is a story that
I wrote back in the nineteen nineties. I talked about
my crystal ball. I talked about it here on the show.
Yeah I got a crystal ball. But my crystal ball
tells the past, not the future. And again, if you

(19:00):
were to take a look at the events of the
nineteen eighties, think about that, the events of the nineteen eighties,
all of the things that happened during the nineteen eighties,
interest rates going through the up as high as twenty
three percent, unemployment at thirteen percent, businesses fail, banks, failing terrorism,

(19:23):
largest stock market crash since nineteen twenty nine. The president
was shot. Who in the world's gonna want to invest
in that environment? Nineteen eighties? Yeah, well the market was
up eighteen percent a year. That's the point. You don't
know what you don't know, and I don't try to guess.

(19:46):
I don't play it. It's a fool's erin what do
I have control over? When I worry about things that
I don't have control over. You know, when I have
control over understanding and analyzing the quality of companies, the fundamentals,
what their prospects are moving forward, that I have control over,

(20:12):
and guess what, that's what I deal with timing markets.
Good luck with that. Good luck with that. And for
Whale and ado As quit from Jaws withit site. Anyway,
I gotta take another quick break. Watchdog on Wallstreet dot com.
Watchdog on Wallstreet dot com. Our site become a part
of the Watchdog on Wall Street family. We'll be back.

Speaker 1 (20:39):
You're listening to the Watchdog on Wall Street, the only

(21:01):
man who is taking on the Wall Street establishment. You're
listening to the Watchdog in Wall Street with Chris Markowski.

Speaker 4 (21:09):
How do you all welcome back? Ready does a watch
dog on Wall Street Show. Yeah, we've you know, we've
had some massive winners and our portfolios over the past
the past few years, without doubt. Some again I'm shot
and how well some of these companies have done. What

(21:33):
do you do? What do you do? What do you
do well? Listen? Okay. One of our rules, one of
our rules, part of the Markowski Investments Guide to Financial
Independence is when markets go through the roof, you get nervous.
That's true. I do. I get very very nervous. How
do we handle our winners? How do we handle the

(21:56):
winners at Markowski Investments? Some of these companies that have
just ripped I I've talked about and I utilize mister Miyagi,
mister Miyagi from Karate Kid, when he's explaining to Danielle
about his Bonzai tree and maintaining Bonzai trees. It was interesting,
is my my son's godmother was at a conference and

(22:17):
they actually they it was part of the conference. They
were showing them like a little side thing. They were
doing how Bonzai trees are made and how they were
done and you know what they're worth years down the road.
And yeah, mister Miyagi's right, cut, yeah, snip, yeah, I'm
a kitch. Three. Well, that's what we do with our winners.

(22:40):
That's what we do with our winners. We trim positions.
We trim positions at Markowski Investments, and we wear house profits.
What do you know what werehousing profits? Is okay? If
if I got a position in a company, I mean,
we don't give individual names here on the program. We

(23:01):
don't do that, okay, because again, you know what, it's
wrong because a buye for you may not be a
buy for your neighbor, might be a buy for the
guy down the street. Everyone's situation is unique and different.
Everyone's risk tolerance is different. I don't run a damn
hedge fund, Okay, Each and every client of ours has
a completely different portfolio. Why because everybody's different. But as

(23:25):
positions rise, and sometimes they rise pretty quickly, pretty quickly,
you take money off the table. You take money off
the table, and you rotate assets to other areas of
your portfolio. If you don't have anything at that point
in time, there's nothing wrong. Well, we wear house profits

(23:51):
in two year treasuries until we see something that makes sense.
There's nothing wrong with that. But know this, I could
be wrong. We could be taking profits in a company
and a company can go much much, much higher. But
that's okay, that's okay. I guess guess what, people, you know,

(24:14):
you never you know poor, You never get poor taking
profits never, you know. I don't tell a story. My
my son, Stephen, who is a senior in college, and
he's you know, he's getting involved, you know, learning about

(24:35):
our business, the markets and politics. He loves all this
stuff and I'm gonna contact them all the time. And
you know, he's got his money from you know that
he's made over the summer working in jobs, working for us,
doing various different things. And he's taken a portion of
that money and he's investing in and one of the
investments that he did, Calendeer, has gone through the roof,

(24:56):
gone through the roof. And this past week he took
some profits in it. What he had like eight nine
shares in the company something like that, took some money
off the table and it went higher. He said, ah,
I was like, why are you even thinking like that?

(25:17):
Don't think like that. You made a prudent choice, You
made a wise choice. It's a bit of a rule people, Okay, nobody, nobody,
since the beginning of time, and nobody ever will. Nobody
gets in at the exact bottom, and no one gets
out at the exact top. It doesn't work that way.

(25:41):
Nothing wrong with taking a profit, rotating assets. You still
think it's a great company. It's okay, you still hold
on to a portion of that company. This is all
good things, people. This is proper portfolio, man. This is
how it's done. This is how it's well, It's how

(26:05):
it's supposed to be done. This is how we do things.
This is not what you're getting at the big brokerage
firms or anything like that. Now, if you do this,
you are going to build wealth. No can you get
in at the exact bottom. You canna get out the
executive No, no, no no. But you're gonna take profits
along the way. You're gonna rotate acids, You're gonna wear

(26:26):
house profits, and you're gonna see it work, and you're
gonna get off that stupid hamster buy sell, hold treadmill
that they keep trying to shove down your throat. Watchdog
on Wallstreet dot com. Watchdog on Wallstreet dot com again
is our site. Become part of the Watchdog on Wall
Street family. Our personal CFO program all sorts of great stuff.

(26:50):
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 (27:12):
You should believe in math not magic. You're listening to
The Watchdog in Wall Street with Chris Markowski.

Speaker 2 (27:20):
I'd mass so.

Speaker 4 (27:23):
I mentioned something earlier on in the program. And you know,
sometimes I catch myself again always adding new listeners and
new affiliates and more people tuning into the program the podcast. Again,
I remind everybody we we you know, this is the
show is available every single podcast fan you out there,
and I mean we're pushing right now. We really are

(27:45):
most certainly a change as far as the dynamic is
concerned when it comes to media. And uh, you do
you want to do the Watchdog a solid, Do me
a solid, do me a favor, Tell somebody about the program.
Better listen to your on your favorite radio stage. Are
going and listen to it on iTunes or Spotify whatever
it may be. We continue to hit pretty good marks,

(28:08):
you know, in the top twenty for business and financial podcast.
But yeah, again, this program is a labor of love
and we're continue trying to get the message out and
you can help. You can help just recommending it to
other people. But neither here there I mentioned the word
anti fragile, and it's not my word. It's a word

(28:30):
made up by NASA. Nicholas Talib one of the most
brilliant man, in my opinion, in the world right now,
risk manager, bit of a philosopher as well. He he
searched and search and search for a word for the
opposite of fragile in languages. Type of guy. This guy

(28:52):
is really brilliant guy. He couldn't find anything, so he said, hey,
I want anti fragile. I know people will say, oh, oh,
it's the opposite of fragile. Is you know, robust or resilient.
It's not. It's not robust and resilient means what you
can withstand shocks. You can withstand them, you can deal

(29:12):
with shocks. But anti fragile is when you get hit
with shocks, when you get shaken up, you come out
on the other side better. That's what we do, that's
what we look to achieve at Markowski Investment. We want
anti fragile portfolios. When the markets get rocked, ah, you

(29:37):
take it, you take it, and then you come out
on the other side. Stronger. It's not by trading kids,
not by trying to guess when the markets are gonna
dip and when they're gonna go up, or when the
next recession is going to be. It's by taking the
hits and dollar cost averaging and moving on. It's part

(30:01):
of our simple process, compounding the royal road to riches, understanding, understanding,
finding those great safe yields in companies. It's great having
companies that pay you to own them, and you compound
that over time. Number two, don't lose money. You can't

(30:25):
take major losses. You cannot take on risk that will
lead to ruin. For example, example, again you have the
wherewithal where you can have a speculative portion in your
portfolio and you want to speculate on whatever. It may be. Fine,

(30:46):
that speculative part of your portfolio doesn't work out, no
big deal, It doesn't lead to ruin. But say ah
on certain this is gonna work out, and you go
all in XYZ or whatever it may be fill in
the blank, and it doesn't, and it leads to ruin.
Don't lose money, which means you're investing like you are

(31:10):
already a multime multime millionaire. You look to buy assets
on sale, and most importantly, little bit of patience and
courage to stand in the face of the chattering classes.
You do that, you're gonna do well, my friends, You're
gonna do real, real well. Watchdog on Wallstreet dot com.

(31:34):
Watchdog on Wallstreet dot com is our site. Become a
part of the Watchdog and Wall Street family. Sign up
our personal CFO program. Listen for everyone that means you, everyone,
or give us a call. Eight hundred four to seven
one eighty four. Will be back.

Speaker 1 (32:06):
Bringing America financial freedom, one listener at a time. You're
listening to the Watchdog on Wall Street with Chris Markowski.

Speaker 4 (32:15):
Honey Away, Welcome back, everybut here's a Watchdog on Wall
Street show. That was my FM radio voice, which I
think anyway, welcome back, and I'm gonna make this very listen,
very very clear to everyone listening to this program right now.
We are not we are not the white shoe firm,

(32:38):
those fuddy duddy jerks cruising country clubs and golf courses
and yacht clubs looking for super rich clients. That's that's
not who we are. That's not my background. Again. Those
people that you know, those advisors and those people like
to utilize those advisors. They tend to be people that

(32:58):
want their buttocks kiss all the time. That's not what
we do. We help people from all walks of life here,
there and everyone. Yeah, we got some clients that are ginormous,
but they're cool. Yeah. The millionaires that we have at
Markowski Investments are ones driving f one fifties, ones that

(33:22):
don't put on airs about them. It's a different mentality
that we have here. Okay, I refuse to do that. No, no, no,
I'm sorry. We don't have time at Markowski Investments to
go out golfing with you four or five times a year.
I've got too many people to help. I've got a
family to attend to. What we do, pure and simple, okay,

(33:45):
is we are a family office that will handle nutstabolts
everything you need in a professional manner better than everybody else.
I'm not We're not here to kiss people's butts. We're
here to perform. That's it. And guess what We're open

(34:05):
to everyone. I know I've told this story before here
on the program. Go to industy, used to go to
industry conferences, don't go anymore. I'd rather stick a hot
poker in my eye, quite frankly, because at every industry
conference you get some sort of McKinsey experts, some sort
of consultant given talks to the brokers from Morgan Stanley

(34:27):
and Merrill Lynch and Goldman Sachs and telling them to
fire that's right, fire their clients, Fire their small clients.
Only focus on the big ticket people. That's what you
need to focus on. Fire the small ones. Adds they're
not worth your time, that's what they say at these things.
Not worth your time. Helping a young family build wealth,

(34:50):
or helping young family build wealth and help might provide
for their kids' education down the road, that later on
down the road is going to become generational wealth. That
that's that's not worth your time. I can't again, as
I said, I'm trying not to be snarky and mean
today in the program. I'm not, but it's hard not
to because again, these type of people again, they make

(35:13):
me nauseous, quite frankly. Why would you if you're so
good and you're so talented, wouldn't you try to be
helping everybody out to become wealthy. Oh, I know you're
not going to generate a lot and fees at them
at this time, they're going to take up part of
your time, So what who cares? Then't't the right thing

(35:36):
to do to go out there to try to serve
others anyway, Anyway, I gotta this story again. You know,
like I said, I got my T shirt on. I
wish I had a T shirt to keep asking my
kids for it. They don't doubt me shirt. There's a
conference taking place in Tortugal right now where you got

(35:57):
all the venture polists and private equity people meeting out there,
and they they said out loud what we've been warning
you about. Here's a story. It's a tough time for
the venture capital industry right now, as a dearth of
blockbuster initial public offerings at M and A activity has

(36:19):
sucked liquidity from the market, while buzzy artificial intelligence startups
dominate attention. At the Web Summit tech conference, you had
various different private equity people and what they're saying is,
I'm going to translate this because most people don't understand
it is they're having a difficult time finding greater fools

(36:41):
to buy their crap. That's what it is. It's much
much harder, much much harder on these crooks. These private
equity criminals out there, because that's not all of them.
That's what many of them are to find greater fools
to buy their crap. You see, back back when, you know,

(37:05):
back in the day, back when I was new in
this business, guess what venture capital, private equity. Now, No,
that wasn't what they did. They barely even existed. It
was more they were basically companies that would dismantle companies
that were falling apart. You could get in at the bottom.
Companies would go public. Companies would go public in their infancy, Google, Amazon, Microsoft, Apple. No, no, no, no, no, no, no, no,

(37:32):
no no, they don't do that anymore. What they do
is is that they get private equity and all big
investors involved in at lower levels and then try to
take the company public at a higher level and sell
it to you. Now, some companies work out, but I'd
say ninety five percent of them, if not more, do not.

(37:52):
Simply what they're trying to do is to find suckers, dupes,
you greater fools. Every single day, every single day, I
get anywhere between eight and fifteen emails in my email
box from these companies trying to start up various different

(38:14):
funds trying to convince me to put my clients in
this wonderful private equity fund that they're starting up. I
won't do it. What they're trying to do is they're
trying to liquidate the insiders in this article. They're actually
saying it, so there's not enough liquidity here. If your
company was so damn good, I don't know, why not

(38:37):
start paying out the owners of this company in dividends. No, no, no,
it's not about that. It's about this perverse game of
musical chairs, this perverse game of musical chairs where they
want you to be the last one standing. Don't be
a greater fool. This week, I'm going incognito. I am.

(39:04):
I'll talk about it next week on the Problem. Going
incognito on a gonna have a meeting with one of
these private equity funds. I want to pick their brain.
I'm gonna tell you what happened in the conference. We'll
talk about that next week on the show. Anyway, gotta
take a break, everybody. Watchdog on Wall Street dot com.
Watchdog on Wall Street dot Com is our site. Don't
go anywhere, We'll be right back.

Speaker 1 (39:27):
Chris Markowski is the watchdog on Wall Street. I well
knowe altered investment banker, consumer advocate, analyst, trainer, Chris Markowski.

(39:52):
He is the watch dog on 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 up Americans away from financial freedom.

Speaker 2 (40:05):
You can't handle the true.

Speaker 1 (40:07):
Proof bringing America the truth about what really happens in
the financial world.

Speaker 3 (40:12):
Ladies and gentlemen, We're not here to indulge in fantasy,
but in political and economic reality.

Speaker 1 (40:17):
This is the watchdog on Wall streams.

Speaker 4 (40:22):
All right, My fault was my fault. Last hour, I
lost track a time which I often do. I got
to do a better job in that. You would think
twenty five years on air, I could look at a
clock right out a time when I was talking about
social security and how to go about fixing it. You
give people an option. You give people an option, and

(40:46):
what do I mean by this option. I'll use myself
as an example. I would say, hey, listen, I will
tell the government listen, I have no claim on social Security.
I will swear off and I'll sign a piece of paper.
I won't take a dime. I'm obviously gonna continue to
contribute to it because payroll taxes, even though I don't

(41:07):
like that, don't raise them. But I will just say, hey, listen,
you guys can have it. However, however, you allow me
to take all of my retirement money and put it
into a wroth no penalty, and allow me to take
all of the money that I save out of my

(41:27):
retirement accounts when I need to do so tax free.
I think that's a pretty good deal. I know my
clients were before that. My clients would love that. It
would be great. We'll say, hey, you know what, we're
not going to collect Social Security okay, just allow us
to take our funds out tax free. I think it's great,

(41:49):
get rid of the whole required distribution at the end
of the year. You do that great spot to be
in for crying out loud. I think that's fantas I
think that's a deal that could be had anyway. Moving on,
moving on. I don't even know where to start here,
I really don't. I am so many stories have covered

(42:10):
as of late, but it's important new listeners in the program,
you know, circa two thousand and four, two thousand and five.
I just kind of seen the writing on the wall
to some degree, and I came up. It was just
after George W. Bush gave his Access of Evil speech.
Remember his access of evil was Iran, Iraq and North Korea.

(42:34):
And I said, that's not my My access of evil,
my access toe is much different. It's much scarier than
George W. Bush's access of evil. My access of evil
is big business, politicians in the media working hand in
hand to further their own needs and wants. You see,
people I was before Trump, there was me, Okay, I

(43:01):
was the populist constitutional conservative first, and also guys like
Tom Colburn and Rand Paul and others like this. Okay,
before it was cool, before it was cool. We've been
preaching this, this same thing and the issues that are
out there, many of the things that are being discussed

(43:24):
right now that are being brought up, we have been
hitting on for years here on the program. And I
let me tell you something, I'm never been as excited,
never been this excited by some of the picks and
some of the policy things that Donald Trump is looking
to do and his cabinet people are looking to do.

(43:45):
And you want to know why it's successful, why they're
going to be great, and why it's going to be
great for the country. Watch the Access of Evil come
after them. Watching Oh my god, every news paper, so
called conservative publications, most of them owned by Rupert Murdoch. Again,

(44:06):
he's part of the Access of evil too. Sorry, folks.
I know he owns Fox, and I only owned some
Wall Street Journal and the New York Post. But he's
a part of the Axis of evil. Okay, they are.
How does Rupert Murdoch? How is his bread buttered? Okay,
big pharma? Think about all of the big pharma ads

(44:27):
on Fox News and Fox Networks and on football, and
the pop ups on the Wall Street Journal and the
New York Posts and all the publications. Oh my god,
they're coming after r. FK. Junior. They're coming after Tulci
Gabbert because she's gonna go after the military industrial complex,

(44:50):
every publication all they're unfit. And the numbers, the numbers
are huge, huge, huge. I got some of them here.
You're gonna be the amount of money that they spend.
Abovy spends one point three plus billion dollars a year

(45:10):
in ads. Glasgow Smith Klein seven hundred and thirty six million,
Fizer five hundred and two million, uh am jen two
hundred and sixty five million, and these are huge numbers.
RFK wants to get rid of pharmaceutical ads good. They're
nonsensical for crying out loud. And I thought about it

(45:32):
a little bit. I thought a lot of it, and
I spoke with some doctors on this, and I asked him,
I said, do people come in your office or you know,
talk to you about and they see some ad on
TV for drug and they start asking for it, And
it's just like sometimes, but not that often. You know why?

(45:53):
You know why these ads? You know what they're spending
this type of money. Do you ever see a ever
see a news network. You ever see a major news
network out there go after big pharma. No, no, they're
buying good editorial content. Now, if you are X y

(46:13):
Z network and so and so pharmaceutical company has got
a big ad spend on your network, and you've got
a you've got a good journalist that discovers that, oh
my god, this pharmaceutical company's doing something here. This vaccine
is not good. We're having side effects. And you bring
it to your boss, you bring it to the editor,

(46:35):
and the editor knows. You know, the editor knows is
you know, he's gotta gotta run a budget here. He
knows that if you run that story, you're gonna tick
off one of your major advertisers. What do you think
is going to happen to that story? Oh, I'm not
being a conspiracy theory here, folks, That's that's not what
I am. Okay, I've seen it up close and personal.

(46:56):
I have. We've gotten a hold of ad contracts between
big banks and networks, and it says point blank in
those contracts that if you are planning any negative editorial
coverage of our company, of our firm, pull all of
our ads. Oh, pull the ads? Then what you don't
get paid? And I've gone to this scene and the

(47:23):
television show mad Men before here on the program I've
sub referenced it, there was the ad firm I think
it was in a last season of mad Men, and
it was the guy who owned the firm was boasting
that he could he could tell the New York Times
to print mind comp on the front page and they
do it because he plays so many ads in their paper.

(47:49):
Lots of good things, God willing, God willing are going
to transpire. I want to talk talk a little bit
about Mika and Joe and MSNBC and go want to
see Trump, don't want to see Trump. You go back

(48:10):
and you take a look at how Donald Trump used
to be treated by Meka and Joe, or by the
girls on the View, or by Ellen. Ellen DeGeneres has
left the country like, who the hell cares Ellen DeGeneres
trying to get Donald Trump to marry her mother to

(48:31):
crying out loud on air. Oh no, not any more,
not anymore. Mika and Joe are are frightened because their
livelihood is at stake. I don't know if you saw
this past week. Comcast has said, all right, no Moss,
no Moss. These networks that are not making any money.

(48:54):
Anybody want them? Anybody want MSNBC, anybody want to see NBC. Yeah,
they're they're getting rid of playing networks. You want to
show you how much they care about MSNBC and CNBC.
They're keeping Bravo, that's right, the Real Housewives Network. They're

(49:15):
keeping that over ms NBC and CNBC and Mika and
Joe and everybody there is scared. No, it's really scary
to them. Imagine if Elon must have put that, Oh
my god, Oh it's amazing. It is Trump Trump appointees. Okay,

(49:39):
the RFK juniors, the Tulsa Gabbards, that Matt Gatz go,
go straight on down the line. It's a frightening time
for them, it is. It is a frightening to elon.
Then they're not even again. They they're not even gonna
have to be appointed. That's a completely separate thing. But
I certainly hope that they have plenty of security, like clockwork.

(50:05):
Like clockwork, you're going to see all sorts of hit
pieces and stories on all of them, on all of them.
This is nothing new. This is nothing new. And to
some of our younger listeners out there, this happens every
single to every single time you get a conservative, a

(50:27):
Republican in the White House and they put their appointments
in the long knives come out. Now what they again?
Rush Limbaugh on his program used to point this out,
and he did it in a great way. They will
throw anything, they will say anything, and the excuse for

(50:51):
whatever investigation is there'll be no evidence, no evidence or
something to investigator, there was nothing there. Well, it's you know,
it's not about the other it's about the seriousness of
the charge. You know, I think you can indict a
ham sandwich or we talked about I forget the guy's name.
It was the Russian Russian Gestapo guy. You know, show

(51:16):
me the man, I'll show you the crime. They'll come
up with it. At this point in time. Actually, I
don't know what the deal is with Gatz and HEGs
or any of these things, but I don't trust anything
the media has given me. And I think, you know,
much of the country has become red pilled when it

(51:37):
comes to the media or the little boy who Cried Wolf.
They lie and they lie, they lie, they lie, they lie,
and now we're expect we're supposed to believe them. Now
you do this every single time. You know, it's shameful.
It really is, because you know you do. You scare away,
You're frighten away. A lot of people that just say,
you know what, I don't want to be involved in

(52:00):
any of this. I don't want to be involved in
any of this. I don't want to get involved in
serving my country. Get out. This is what our founding
fathers wanted. They wanted people to go and serve their
country and then go back home to their business and
their job. You want to put up with this, Oh,

(52:20):
don't tell me they don't manufacture stuff, because they do.
For crying out loud, you had a US Senator Harry Reid.
But you remember this, Harry Reid came out and said
that he knew in Utah and Nevada. Sue ain't new
in Nevada. Uh. You know somebody that knew Mitt Romney,

(52:41):
real wealthy guy, he's a good friend of mine, said
that Mitt Romney hasn't paid taxes for years. He came
out and he said it, and man, oh man, the
media was in front of Romney asking them all these questions. Again.
It wasn't you know, it wasn't about the any evidence there.
It was a serious just at the charge Perry read

(53:03):
made the whole thing up. I want to asked about
it after the fact. You know what, as answer was, well,
we won, didn't we. This is how these these people operate.
They are, okay politicians, cheats and liars, cheats and liars.

(53:23):
They're not kissing babies, They're stealing lollipops. It's from the
hunt for Red October. This is what we're dealing with
right now. Again, It's great to see more and more
people waking up. Great to see that Donald Trump is
actually going to allow podcasters alternative I'm wanna call it alternative.
I want to call it new media. Whatever it may be.

(53:47):
To follow to be a part of the White House
pressure room is no problem kicking anybody out that that
Led Zeppelin song, Your time is gonna come. Maybe, maybe
our time is gonna come. Maybe all of us people
that have been here here in the shadows doing our
darnedst for decades, trying to bring the truth again, trying

(54:08):
to break turn people into the light. I've talked about
the whole slave thing and the matrix last hour, Or
you're gonna utilize Plato's clay cave, turning people away from
the shadows and into the light and allowing us a
shot waking up the masses. Man, you know what a

(54:31):
wonderful world this could be. Got to take a break.
Watchdog on Wall Street dot com. Watchdog on Wallstreet dot
com again is our site. Again. We invite you to
become a part of our family, our personal CFO program, podcast, newsletter,
all sorts of great stuff. We're here to help everyone out. Okay,

(54:52):
I can't stress that enough. I don't care whether you're
just getting started with your portfolio or you're well on
your way. We help everyone. Watch s Dog on Wallstreet
dot com or give us a call eight hundred four
seven one fifty nine eighty four.

Speaker 1 (55:25):
Bringing America financially, Bringing America financial freedom, one listener at
a time. You're listening to The Watchdog on Wall Street
with Chris Markowski.

Speaker 4 (55:38):
Welcome back, everybody. It is the Watchdog on Wall Street Show.
I forgot some econ I'm gonna say it's econ one
on one. I don't even know what they teach an
econ one on one anymore. I'm gonna go. This is
Thomas Soul economics. Okay, this is reality based economics. We're

(55:58):
gonna talk about right now. To start with real estate.
And I know this, this my this is my fan,
this my old fan, some of our snowflakes out there.
But here's the news flash. You do not have the
right to a home. You don't have the right to

(56:21):
affordable housing. Oh I said it. I said it because
I that's you. I throw that out all the time.

Speaker 5 (56:29):
We have the right for affordable hot No, no, no,
you have the right to go out and work your
butttoks off and save money for a down payment and
go out and buy a home.

Speaker 4 (56:44):
You have the right to do that, but you are
not entitled to a home. And some of the ideas
that have been pushed right now, Kamala Harris, you know,
she wanted to do build millions and millions and millions
of homes and basically usurp local zoning regulations. No, no, no, no, no, Okay,

(57:08):
I'm sorry, Okay, these are local issues in the federal
government has no business chiming in. If a small community somewhere,
small community somewhere wants to keep their zoning where it's
you know, single family units, why are you going to
force them? How I have the federal government to step

(57:29):
in to say that all of a sudden that they've
got to put a high rise up. Wrong, Listen, they're
better ways to solve the housing issue. And more or
less is we're going to start knocking down old commercial buildings,
old commercial buildings, and we got to start changing things.

(57:49):
Yeah again, he thinked about I have a right to
affordable housing. Okay, So you want to live in Malibu
and you think that the state should carve out a
piece of proper pretty there along the beach so you
could afford to live. Now, you want to live in Malibu,
earn the money to live in Malibu. But again, part

(58:09):
of most of the problems we have when it comes
to housing. Quite frankly, it's our own doing. Another great
society failure, I mean Lyndon Johnson Man, you want to
talk about one of the biggest failures in the history
the one of the most consequential presidents in the history

(58:30):
of this country, the crap that he passed Holy Snikes
Housing in Urban Development nineteen sixty five. Ah, I'm Linda Dantorn,
single most viable housing legislation in our history. Yeah, yeah, Well,
you know what. You want to know what US home

(58:53):
ownership rates were in nineteen sixty seven, two years after
he signed this, sixty four percent. You want to know
what home ownership rates are today in America? Sixty four percent.
Europe has higher home ownership rates than we do here
in the United States. We have spent over three trillion

(59:19):
dollars the taxpayer has in housing and urban development. You
know what it's done. It's made the prices of homes
more expensive. It's come up with the stupid, stupid, crazy
mortgages that Andrew Cuomo came up with when he was
Bill Clinton's housing an urban development secretary, getting people into

(59:40):
homes that they can't afford in the first place. Get
the government out of the way, get rid of subsidies,
let the market work its magic. Prices will come down. Yeah.
It might not be in the neighborhood that you want
right now, but guess what you can eventually move there,

(01:00:02):
save some money, put it away, and guess what you
two can live in Malibu. Watchdog on Wallstreet dot com.
Watchdog on Wallstreet dot Com. We'll be back.

Speaker 1 (01:00:16):
Chris Markowski is the watchdog of Wall Streets, the only

(01:00:39):
man who is taking on the Wall Street established streets.
You're listening to the Watchdog in Wall Street with Chris Markowski.

Speaker 4 (01:00:47):
Okay, Okay, again, it's a little bit of a warning
that the snowflakes out here. This is again, this is
how the world works. Okay. The first lesson this is
Thomas soul first lesson of e is scarcity. There is
never enough of anything to fully satisfy all who want it. Now.

(01:01:12):
The first lesson of politics a disregard. The first lesson
of economics. When politicians, when they figure out, when they discover,
oh ooh, some group out there, they're they're vocal about
this that they don't have. They don't have what they want,

(01:01:32):
they don't have as much as they want. Well, we're
the politicians. We're gonna come up with a solution. We're
gonna give them more. So where do we get this more?
Where we get this more? Well, they rob Peter to
pay Paul. Now after a while, after a while, all

(01:01:54):
Peter doesn't have enough money. I gotta be im passionate.
We got to come to the rescue again. They don't
they don't admit that robbing Peter to pay Paul was
a really stupid idea in the first place. Oh contraire.
They now rob Tom, Dick and Harry to help Peter. Anyway, again, politicians,

(01:02:22):
here I come to save the day. Here is a
really really, really really dumb idea. And this is a
dumb idea from both sides of the aisle. Oh, you
got Donald Trump on this, you got Josh Hawley on this.
You've got Bernie Sanders on this. Clap trap nonsense. Bernie

(01:02:48):
Sanders is open to working with Donald Trump on capping
credit card interest rates. Okay, all right, yeah, it's good thing.
It's just it's snaff fair. Its usually rates are just
too high. Nobody should be allowed to charge twenty five percent. Nobody.

(01:03:11):
You don't have to borrow money at twenty five percent.
The credit card company. Credit card company didn't hold a
gun to your head to go out and buy that
stuff that you can't afford and put it on a
credit card, or take a vacation that you can't afford
and put it on a credit card, or go out
to the dinner that you can't afford and put it

(01:03:32):
on the credit card. They didn't force you to do that,
did they. No, you did that all by yourself, didn't you. Yeah, anyway, Okay,
but what if somebody has an emergency and it's not right? Okay,
that's what that's again. If you are putting money on

(01:03:52):
a credit card and you're not paying for it in
full every single month, then anything that goes on it
should be in a emergency example. It could be used
to say, okay, say if you are a carpenter or
a plumber and somebody steals your tools and you gotta
go do a job and you gotta go to home
depot and you got to buy new tools, and you
didn't have the money for it, so you had to

(01:04:15):
put it on your credit card. Now again, you probably
home depot will cut your deal more often than not,
saying hey, we'll give you interest free for a period
of time, allow you to catch up. But you do understand, Okay,
everyone out there that think that those credit card rates
are really really mean, you do understand that the credit

(01:04:35):
card companies can't come and repossess the dinner that you
had last week, or the vacation that you went on,
or even the stuff that you bought on your credit card.
What do you think they're gonna come take your furniture.
They're gonna repossess use furniture, televisions, clothing. Why are why
are mortgage rates lower than credit card rates? Why are

(01:05:00):
car loan rates lower than credit card rates? Because if
you don't pay, they take your house. If you don't
pay your car loan, they're gonna repossess your car. I'm
gonna tell you what's gonna happen. Okay, you want to
cap credit card rates at ten percent? The only people

(01:05:22):
that are going to have credit cards are people with
close to perfect credits cards and make a lot of
money period the end. You think that these banks are
gonna go at risk, they're gonna go at risk. You
are you kidning? No way, no how, it's not gonna happen.

(01:05:44):
Did you understand the default rates and credit cards? Have
you ever gone go sometime? If you don't believe me,
go sometime, Go to courthouse, go to bankruptcy court, because
this is a ruse that people run all the time
when they're getting If they need to go bank and
they have credit cards, they max out all of their
cards and then they go into bankruptcy and then up,

(01:06:07):
I can't be you know, I'm in bankrupt So it's
part of it. It's part of the money that I owe,
I don't and then don't pay it back. It happens
all the time. You think you're being nice. Oh we're
gonna cap credit card. All you're gonna do. All you
gonna do is you're gonna take people's credit cards away.
That's all you're gonna do. Banks aren't gonna do it,

(01:06:27):
or you know what they're gonna do. They're gonna lower
the limits on people to like two hundred bucks. It's
gonna be like the starter credit cards that kids got
back when they were in college. For crying out loud. Yeah,
you gotta get it. You're gonna uped up your credit
limit is two hundred dollars. The only way it's gonna work.
So yeah, a really dumb idea by both Bernie Sanders

(01:06:49):
and Donald Trump. Watchdog on Wallstreet dot Com. Watch Dog
on Wall Street dot Com again, a lot more. We
gotta go over here on the program. You we gotta
get into some of the geopolitical stuff. Little Doctor Strangelove
action going on right now. I want to pull my
hair out with the geopolitical stuff. Don't go anywhere. Watchdog

(01:07:10):
on Wallstreet dot Com again. Our site to coming part
of the Watchdog on Wall Street Family, Personal CFO program, podcast, newsletter,
Watchdog on Wallstreet dot Com. We'll be back.

Speaker 1 (01:07:39):
Bringing America financial freedom. One listener at a time. You're
listening to the Watchdog on Wall Street with Chris Markowski.

Speaker 4 (01:07:48):
Yeah, a little Jim Croche this. It reminds me of
my dad and the trips in the car from Albany
down to Florida with the stack eight tracks back in
the day. Anyway, good times anyway, speaking of the nineteen
seventies and eight tracks, I remember back in the nineteen

(01:08:16):
seventiese my listeners as well. I remember bomb drills in
elementary school and yeah, yeah, now on they have fire drills,
we'd have bomb drills, and you'd hide underneath your desk,
hid underneath your dresk. There was a bomb drill. Nuclear war.
And even I was a kid elementary school, I knew

(01:08:40):
what a nuclear weapon was. I knew what it was capable
of doing, and I knew that what's the point in
hiding underneath your desk? Just stupid? And I was jogging
my brain. I try to be a best student of
history as I possibly can, and I did. I had
to grow grew up Cold War, grew up Cold War,

(01:09:05):
prez Nev and drop all you know, all these you know,
going on to Gorbachev. I I can't remember. I can't
remember as perilous as time as this. And again you
can go back. You know what was interesting this past week?
This past week, okay, you go back to nineteen eighty three.

(01:09:28):
That was the week in nineteen eighty three, this past
week where they released that television show that everybody watched
the day after tomorrow, scaring the Bejesus out of everyone
with nuclear war. You do realize that Russia just used
an ICBM. They've never been used before, they have never

(01:09:53):
been used before, and We have people in our government
that are saying, sure, sure, go go ahead, go ahead.
Allow American missiles to be shot into Russia. Allow UK
missiles to be shot in to Russia. Allow French missiles

(01:10:14):
to be shot into Russia. Now these missiles have guidance
systems which are GPS. So we're directly involved with this,
meaning NATO is directly involved with this. Why would you
do this? This is some serious Doctor Strange Lovecraft. This
is the return of Doctor Strange love And don't don't

(01:10:36):
tell me. Okay, honestly, you people in the media, all
across the board, every single one of you networks, why
don't you do a little work. Who the hell's running
the country? Don't tell me Biden is. Don't stop insulting
our collective intelligence and telling us that Biden is making
these calls right now, He's not. And it's not Kamali either.

(01:10:57):
She's on vacation in Hawaii for crying out. These people
are scary. Watchdog on Wallstreet dot com. Watchdog on Wallstreet
dot Com, We'll be back.

Speaker 1 (01:11:19):
You're listening to the Watchdog on Wall Street bringing America

(01:11:41):
financial freedom, one listener at a time. You're listening to
the Watchdog on Wall Street with Chris Markowski.

Speaker 4 (01:11:52):
God A ready, welcome back everybody. I'm sorry. I mean,
I know, I try try really hard here on the
program not to yell when I get a call. When
I get a call, and you know, my son's a
senior in college, and he's very much best of what's

(01:12:14):
going on in the world, and you know, I was
telling me to be a wish reader and to pay
attention what's going on. And you know he sees this
and he's calling me up concerned. What am I gonna do?
Lie to him. I gonna like to him, this is
it concerning? And I can't remember. I can't remember child

(01:12:36):
of the Cold War, child of Cold War? Was did
I ever feel as threatened as I do right now? Again,
I wasn't around Cuban missile crisis, but this is pretty bad.
It's pretty bad, and again we're kind of sugarcoating it
quite frankly. Anyway, can't talk about this too again. I

(01:13:00):
mentioned Joe Rogan last week on the program. A big
fan of his show. I don't get to listen to
it all times, not out He's got long program, and
you know, various different people come on. I do try
to listen to it sometimes and I'm working out at
the gym and he made this point and I found
it fascinating, and he came out and he said that

(01:13:21):
talking about how people don't speak their mind, he said,
I quote, I said, do you know how many artists
like musicians, comedians that thanked me for endorsing Trump because
they can't do it? They said, they want to, but
they don't want to be attacked. They can't say it.

(01:13:45):
They think the country is going in the wrong direction.
Trump is vowed to have free speech become a very
important part of what he's standing for, and that this
censoring of information needs to stop, and that we need
to stop all government influen and what people have to say.
I appreciate Joe saying that, but to all the people

(01:14:07):
out there that are afraid to open their mouths, shame
on you. I'm sorry. We are called to do this.
There's a myriad of Bible stories that talk about this
and how we are that we are supposed to open

(01:14:29):
our mouths. You talk about it when it comes to fraud.
If you see a fraud and you don't call out
that fraud, and guess what, you're a fraud. It is
our duty to speak truth to power, and yes, you

(01:14:50):
might be rebuked for it. I get that this is different. Okay.
You know some people say, I'm not going to put
put a political sign in my I'm afraid somebody's gonna
keep my car. I know that's that's that's noth I
get that you don't have to do that. But when
asked your opinion or you feel a certain way, I'm

(01:15:12):
sorry people that you're you're afraid to speak up, You're
afraid you're gonna be canceled. Come on, uh, at some
at some point in time, people, some point in time,
you have to have a little bit of courage. You do.
I'm going to talk about this as well. This is
something that needs to happen here in this country. I

(01:15:36):
don't know about you. I mean, we all saw what happened.
You heard heard the tape this past week. You saw
the video of the parents, You saw what happened with
Lake and Riley. You also saw what happened. I don't know,
maybe you didn't. Some guy in New York City just
goes on a stabbing spree kills three people, and again
it's goes on a regular basis in big cities all

(01:15:58):
across the country where you get career criminals destroying families,
destroying families, killing people, killing people. That was that line
from Clint Eastwood, an unforgiven funny thing about killing a
man take away everything that he has and everything that

(01:16:20):
he's got to have in the future it's going to have,
not just now you're talking about the families that are involved.
And you know what's interesting is this happens in all
of these left wing cities with these prosecutors and judges
that continue to let these people go. In the case

(01:16:41):
of New York, this individual, this Ramon Rivera that just
stabbed all of these people. I just want to let
you realize how many times this person has been arrested cereal, cereal,
I mean one after another, eight times in New York
violent offences, a myriad of other times in Ohio and Florida.

(01:17:03):
And you know what, Actually he was let out of
jail a couple months ago and got rearrested the same day.
Yet you know what, prosecutors say, I'll let him out
on bail and a judge grants it. At what point
in time are we going to have accountability for prosecutors

(01:17:24):
and judges, At what point in time. How are these people?
How do they still have a job? How is it okay?
How do you people live with yourself? I don't get it.
I really don't. It should pain all of us when
you see stories like this, because you know what, it's

(01:17:49):
not a tragedy. You can't even call it a trump
a tragedy. A tragedy is is that you know, there's
a lightning storm and a tree falls on somebody and
kills him. That's a tragedy. These are things that shouldn't
have happened. This is murder, This is malfeasance, This is

(01:18:09):
wrongful death due to who the damn prosecutors and judges
that are letting people out. Then listen. I you know
I'm a gun owner, right I'm a gun owner, and
I have to be a responsible gun owner. If I
have my gun and I decide to leave my gun
in a kindergarten classroom and some kid uses it and

(01:18:33):
it hurts another kid, I'm responsible. You are a prosecutor,
a judge. You're letting these criminals go and they're killing people.
A sorry right now? Yell twice this segment Watchdog on
Wallstreet dot Com, Watchdog on Wallstreet dot com We'll be back.

Speaker 1 (01:19:02):
You're listening to the watchdog on Wall Street. Well know
one altered investment banker, consumer advocate, analyst trader. Chris Markowski

(01:19:27):
is the watchdog Wall Street 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.

Speaker 1 (01:19:43):
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 on Wall Streets.

Speaker 4 (01:19:57):
Pardoned me, come on, come on? Were the slightest bit
surprised where you eat? He beats the tiniest bit surprised
that Biden pardoned his kid, come on, come on. We

(01:20:21):
all knew this was coming. We all know this was
coming down the pike. And again, unfortunately, most of the media,
most of the media is didn't really understand the scope
of this pardon they I don't understand. I mean, this

(01:20:45):
is this is a get out of jail free card
going back to two thousand and fourteen. Nothing. This is
unpressed dentity type part the President of the United States
pardon somebody for something that they did. Trump leaving office,

(01:21:09):
then we pardon some certain people with drug offenses. Whatever
it may be. Okay, that's it. This is a blanket.
Get anything that you did, anything that you did from
twenty fourteen today, you're getting off again. It's amazing to

(01:21:31):
watch this stuff, and you know everybody's talking about oh,
you know, in line and lie. Come on, is there
anything at all, anything at all that we haven't been
lied about from the mainstream media. I don't even know
why people watch this stuff anymore. Transitory inflation, it's transitory.

(01:21:55):
There's no real inflation out there. Afghanistan. Oh that was
a success. The border is secure. Oh no that Robert
her No, no, no, no, no, there's nothing wrong with Biden.
Biden is just fine. Oh no, those are cheap fakes.
Those aren't real videos. He had jetwag, he has a cold.

(01:22:15):
Biden isn't gonna be replaced. Biden isn't gonna pardon Hunter.

Speaker 6 (01:22:20):
Oh we go on and on and on and on
everything everything they lie about, Libya, Afghanistan, Ukraine, Assange, Russia Gate, Tulca,
Gabbard's a Russian asset, putin rig the twenty sixteen.

Speaker 4 (01:22:36):
Election, COVID COVID origins, masks, lockdowns, the vaccines are safe
and affected. Shall I go on? You have to you
really have to be dumb. Dumb. They even that it
was at Simpson's episode. I've talked about it before, where

(01:22:57):
Lisa Simpson bart ruins her, Bart ruins her her science
fair exhibit, and she gets angry and she decides to
do an experiment. This is a hamster smarter than my brother,
and I remember one of the experiments was she hooked
up a car battery or something to a cupcake, and
the hamster, after getting you know, buzzed, shocked when the

(01:23:20):
cupcake never came back. But her brother kept going ow
ow ow. He kept doing it again and again and
again and again. Why do you why do you people
listen to this? It's because you want to. You want
to Who I mean, honestly, New York Times, Why would
you read that? You gotta be braindead for crying out
loud anyway, anyway, pardon hunter, Okay, this goes back. This

(01:23:48):
goes back, And we've talked about this for some time
from the get go, from the get go, with the
whole Russian Ukrainian situation, we cautioned everybody here on the
program to do some homework. Look in to the history,
look into the people that are involved with this, look
in to the interests in Ukraine and various different commodities,

(01:24:12):
and who is going to benefit from a myriad of
different things. And this whole thing, quite frankly, is it's dirty.
It really is. Anyway, I have to talk about this
as well, and I'm going to try to keep it cool.
But again, this is a bit harsh. Okay, this is
a bit harsh. I Well, as I said, Joe Biden,

(01:24:36):
Joe Biden do this as people did this. The Biden
administration just locked in a work from home deal for
over forty two thousand federal workers. Now that they're trying
to keep Elon Musk and Vivek from ordering people to
actually show up and come into work. Actually they have

(01:25:00):
to show up at the officiation. Do you know how
a lot of government work is a lot of it
it's just you have to come in one day a month.
And what people do, what government workers do is is
they they say because they're working in Washington, d C. Right,
So you're getting a d C Washington DC pay scale
because it's expensive there but they don't live there. They

(01:25:22):
don't live there. They lived some other places in Florida.
There's some place where it's inexpensive. So what they do
is is they come in the last day of the month,
stay for the next day, the first day of the month,
and then go home. Then go home. What I hope
Elon Musk and what I hope vi Vic does. One

(01:25:43):
way to get around these civil servant nonsense there is
you just do random firings. And Vivec made the uh,
he made the suggestion you just pick odd or even
last number, your sole security number. Up, we're gonna fire.
Everyone's got an odd number. Goodbye, goodbye, You're going I know,

(01:26:04):
Oh you're so may that's terrible. What are all these
people gonna do, these government workers gonna do? I tell
you what you're gonna do. They're gonna stop stealing. They're
gonna stop stealing our tax dollars. You're gonna you're gonna
find something to do. You're gonna learn to swing a hammer.
You're gonna learn to actually have a real job, okay,
rather than living off the taxpayers. Rather than living off

(01:26:27):
the taxpayers and people, I I I'm sorry, you know,
maybe I'm scarred by the whole government worker thing because
I know, I know it's where I grew up. I
grew up in a state capital of a blue state.
I grew up in Aubany, New York. Grew up in Aubany,
New York, where you'd ask people what they do and

(01:26:50):
they'd say, I work for the state. I remember them
cracking jokes the rock station I used to listen to
growing up, Picks one oh six not. It'd always be
making fun of state workers all the time. But again,
they all knew what they didn't get offended. They knew
exactly what they're doing. They know they barely show up
at work. Hey, peop will give something that they would

(01:27:11):
strive for. Yeah, I graduate from high school, I'm gonna
you know, I'm gonna go to a college, and now
I'm gonna go get a job for the state. What
does that even mean? You're gonna sit at a desk
all day doing nothing for the most part, and you're
gonna be happy with that. That's sick. That's theft. We've

(01:27:35):
got over two million plus government workers. Don't tell me
that we couldn't fire half of them and be just fine.
Elon Mustard when he took over Twitter. Fired, You're fired.
You're fired. You're fired, You're fired, your fired. Twitter's better
than ever. I told a story here on the show

(01:27:55):
about Carl Icon when he bought out the the railcar
compan and he's looking into this company and there's this
whole whole office building in Manhattan and he went there
and he actually hired people. He said, what exactly do
all of these people do nothing? Fired them all, fired
them all. Oh, that's me, that's terrible. No, it's not,

(01:28:21):
it's not. Actually, you got to look at a different way.
These are people that have talent and abilities and they're
not using them that God has given them some sort
of talent and ability, and they're wasting them sitting at
a desk doing nothing most of the day. I'm I
I sent me the nasty emails tags. Give me a break, Okay,

(01:28:45):
give me a break. We've all been to a DMV.
We've all had to go, We've all had to get
I remember, I had to get the nonsense. I had
to deal with getting getting a new Social Security card.
We all know there's a lot of people doing a
lot of nothing at these governments jobs. And you're doing
a lot of nothing. You're stealing taxpayer money because you're
living off of us. Go build, go create, go teach,

(01:29:10):
and go protect. We need more of that. Got to
touch on this. So Biden, Okay, I know you're watching
the videos and it's yeah, it's embarrassing. But again, I
feel bad for the guy. I feel bad for the guy,
and shame shame, shame on his wife, Jill Biden. You

(01:29:33):
are a villain. You are a villain. You allow your husband,
got you guts sick? This is you allow your husband
to go on the world stage. He's falling asleep in me,
he says, got to be led around. Okay, are you
a kid? Me? So, you know, Biden's in Africa and
he's he's reading and all of a sudden, he says

(01:29:54):
he's giving a billion dollars, a billion dollars to African
nation to rebuild homes damaged by natural disasters. Does he
have any idea what's going on in North Carolina and
the fact that you know, these poor people, poor people

(01:30:17):
getting nothing from FEMA. What's more pathetic about it is
that the Amish Amish who went down there and they
built these small homes for people built them. But again,
I'm sure, amazing again, let's see him done. Is they
did a great job as a phenomenal movie the movie
Witness with Harrison Ford where they did a barn raising.

(01:30:37):
But anyway, they go down there building homes. Some government
regulator says, no, no, no, you didn't get the proper approvals.
We're tearing all these houses down. Your what it's cold?
They got people living intense and you get this dufus
Biden and Africa. They've always a billion dollars. What's wrong?

(01:31:04):
What is wrong with you? People watching?

Speaker 3 (01:31:06):
You know?

Speaker 4 (01:31:07):
The thing is they they hate Americans again. There's a
bit of a news flash. Okay, many many of them do.
There's other leftists out there. I've explained this before here
on the program, the psychology these progressives, these leftists out there,
many of them, many of them. They want to take

(01:31:28):
care of people. Again. They treat human beings that don't
live in Washington, DC or New York or Chicago or
San Francisco or Los Angeles. They're like rescue pets. Their job.
We're just idiots and we're just here. They have to
take care of us and feed us. But the other
ones just kind of just yeah, no, you guys are

(01:31:49):
just gross, just gross. They could care less, and they
want to deal with us, they have to throw throw
some money here you go. They'll they'll do that just
to shut people up. It's pretty sick, quite frankly, all
the money we're sending all over the globe, and we
have we have natural disasters hitting here in the United States,
and we have people in North Carolina still living intents.

(01:32:13):
Kind of take a break. Watchdog on Wallstreet dot com.
Watchdog on Wallstreet dot com is our site again, our
personal CFO program, our podcast, our newsletter, all sorts of
great stuff. Watchdog on Wallstreet dot com or give us
a call eight hundred four seven one fifty nine eighty four.

(01:32:37):
That gets you there, Pa Bell h listener sto listener.

Speaker 1 (01:32:54):
Size taking Wall Streets liars, drooks and cheets out behind
the you're listening to the Watchdog on Wall Street?

Speaker 4 (01:33:06):
Is you know? I'm gonna share with you a quote
from arguably one of the world's greatest novelists of all time,
Peter Dstovski Russian Again, it is written anyway to eighteen

(01:33:27):
fifty nineteen. I don't have the exact date from this,
but I say this, this sounds familiar from people that
you see and you hear. And I'm not going to
put labels on anything, but just have a listen to this.
Above all, don't lie to yourself. The man who lies

(01:33:50):
to himself won't say. The person who lies to himself
and listens to his own lie comes to such a
pass that he can't justuish the truth within him or
around him, and so loses all respect for himself and
for others. And having no respect, he ceases to love

(01:34:12):
in order to occupy and distract himself. Without love, he
gives way to passions and coarse pleasures, and sinks to
bestiality in all his vices. All from continual lying to
other men and to himself. The man who lies to
himself can be more easily offended than anyone. Say that again,

(01:34:36):
the man who lies to himself can be more easily
offended than anyone. You know. And it's sometimes very pleasant
to take offense, isn't it. A man may know that
nobody has insulted him, but that he has invented the
insult for himself, has lied and exaggerated to make it picturesque,

(01:34:58):
has caught at a word and made a mountain out
of a bowl. Hill He knows that himself. Yet he
will be the first to take offense and will revel
in his resentment till he feels great pleasure in it
and so passed to genuine vindictiveness. Again, sound familiar, Sound

(01:35:21):
familiar people that bouncing around the world today in the
way that they're acting. Yeah, yeah, anyway, I have to
mention this as well. Again we're going to talk about
the media here. I have to start off with this.
I don't I don't know what's going on in Washington

(01:35:43):
with the FCC, but every every radio contract that I've
had to sign twenty five years, sign many contracts, there's
always there's always something I have on the contract in
we're guards to Payola. Payola's in regards to you can't

(01:36:05):
take money and not you know, tell people that you know,
and that people can't be aware that it's an advertisement.
You're promoting something. So it goes back in the day
where radio excuse me, music producers record companies would pay uh,
you know, disc jockeys when they were disc jockeys when
they call them back, and they would pay them to

(01:36:26):
play certain records to get you know that that music.
Payola can't do that well as it turns out, you know,
Kamala Harris was was paying paying people to get softball interviews.
Al Sharpton, Al Sharpton ms NBC. And again I'd have

(01:36:48):
more respect for Al Sharpton if he went back to
his days wearing of a lure jumpsuit and he puts
themselves on it, puts put some stuff out of some
sort of upstanding civil rights leader, citizen wall a load
a bug. This is the guy behind the Twana Brawley scam.
And if you're young and you don't know what that is,

(01:37:08):
look it up. Okay, Freddy's fashion mark starting a riot
in New York City. Al Sharpton, Yeah, he paid Kamala
Harris paid Al Sharpton five hundred thousand dollars for that
softball interview. Did you I can't take a now, nor

(01:37:32):
would I. I disclose everything. But again it wasn't just
Al Sharpton. We find out that she is Oprah Winfrey
two point five million dollars. You know what the funny
thing is? She says, I didn't take the money. It
was my production company. What what? So let me get

(01:37:55):
this straight. If some some financial firm, some fund, some
hedge fund, Okay, decide to say, hey, Markowski, you know
we're gonna we're gonna pay you a million dollars. You're
gonna go on your radio show. We're gonna go on
your radio show and you're gonna tout, we're gonna you're
gonna interview us, and you're gonna you're gonna tout how wonderful,

(01:38:15):
how wonderful our hedge fund is. But we're just we'll
pay We'll pay your company. We're not gonna pay you.
Oh are you kidding me? Oh yeah, all those those
musicians there, oh a million here, five hundred thousand there, Yeah, yeah,
they were. They were all paid. Again. One would think, right,

(01:38:38):
one would it? We have we have rules and laws.
I can't do this. I'm in the financial business. It's
against the law. Can't do it. Pharmaceutical can't cook. Companies
can't do it anymore. You have to disclose if you
are taking any money. One would think that you whiz.
If you're taking money to endorse a political candidate to
show up at one of the events, shouldn't they disclose that?

(01:39:02):
Shouldn't that be something that is disclosed to the general public.
Just saying anyway, I don't know if you saw this
you had the at Axios CEO basically ripping into Elon

(01:39:24):
Musk because Elon Musk is saying that you have the
people on X are the media. Now anyway again, We're
gonna talk a little bit more about the media when
we get back again. It's a disaster out there. Watchdog
on Wallstreet dot com, Watchdog on Wallstreet dot com, get
their personal CFO program, all sorts of great stuff. We'll

(01:39:45):
be back.

Speaker 1 (01:39:52):
Chris Morkowski is the Watchdog on Wall Street outside, but
the bringing America financial freedom. One listener at a time.

(01:40:15):
You're listening to the Watchdog on Wall Street with Chris S. Barkowski.

Speaker 4 (01:40:21):
You know, it's just if the left they don'tyt really
even have you know, what their dogma is. What they
follow is whatever is in the New York Times. It's
the New York Times says something this week. They all
the left that they all believe in it. It's like

(01:40:43):
a religion to them. It doesn't matter two months down
the road. The New York Times could say something the
polar opposite of what they said, and they're gonna believe
that too, and they don't question so that they're having
this this media, you know, national press club is honoring
Jim vander High, who is now the CEO of Axios.

(01:41:04):
And he had a complete meltdown on Elon Musk because
Elon Musk tweeted out he said you're the media now,
and he says, my message to Elon Musk is bs,
you're not the media. And then oh yeah, they're all
applauding there. Oh yeah, And they actually played this on
MSNBC and the whole MSNBC panel was applauding social media

(01:41:29):
people lying every day, every hour, every minute about the news.
What you do matter is what the New York Times
does matter, What the Wall Street Journal does matters. Again,
they don't like the fact that they're losing their power. Okay,
I'm thinking of the Witch and the Wizard of Oz.

(01:41:49):
I'm melting. That's what X is doing, melting them because
all they do is lie. Again. I there's a there's
a couple columnists at the Wall Street Journal that I
happen to like, and there's some people that write for
their editorial page I happen to like. But the newspaper

(01:42:11):
and if itself is a shell of itself, it's I mean,
it's funny. I find myself reading a column I'll give
you an example. This past week. Uh, there was one
of the big columns, top all these things happen in
the world. Well, the top stories are, oh, Pete Hegseth
is going to be replaced by Ron DeSantis. And then

(01:42:32):
they write this this article about Ron de Santas and
a little bit in his military history, you know, pointing
out bad stuff, but not pointing out that, you know,
his accomplishments. Here in the state of Florida, Ron de
Santis turned a purple state into a deep red state.

(01:42:54):
A deep red state. You got a budget surpluses everywhere,
everybody wants to move. It's one thing, one success after another,
none of that. And I said, who the hell wrote
this column? This is terrible? Click on it. Yes, some kid,
some kid that used to work at the Tampa Bay
Times or Tampa Bay Time, which is a big liberal rag.

(01:43:16):
You can you can see right through what they're putting
out there. And then that's that's journalism today. They're pushing
and agenda. They're not good that true journalists. That's that's
what you know, spend most of my time doing, you know,
is looking through the matrix. Okay, all the crap that
they're putting out in there, you know, John, if you

(01:43:37):
put this out and it's it's true, it's true. And
again I've had a lot of experience with the media types,
uh obviously in what I've done and wherever reported, and
that the shows that go on. You set aside the
corporate level corruption and media most journalists. Most journalists come

(01:43:59):
from privilege, most my opinion, not too bright, not too bright,
but very much over educated, got fancy degrees and quite frankly,
never really accomplished anything. They conflate or derive self importance

(01:44:21):
and power from the people that they write about and
the institutions that they work for. They use intellectual snobbery,
socially approved hierarchies, and merit badges as a crutch. Merit
badges diplomas insulate themselves in a bubble of like minded

(01:44:43):
people who they rely on for validation and approval. And
of course they're all underpaid, which they are, and they
live in expensive cities, but they feel like that they
deserve much much more, and they all they all have
a best seller that they're going to or write at
some point the time, and they all have massive chips

(01:45:04):
on their shoulder, which breeds contempt bitterness, resentment, and dishonesty.
That's that's journalists today. People, That's who they are. Again.
I even found it funny this past week mentions before
we go into the break tennis legend Martina Navtilova. There

(01:45:30):
were others as well, like blasted the New York Times.
They were actually they were there was writing a story. Again,
I don't know. I think it was a volleyball thing
with the I still don't even know how to transgender
women trying now. They were calling women, not transgender women.

(01:45:52):
That that's how they're not trans not not a woman now,
not transgender women. Again, I don't Again, it's it's like
a weird thing that they belong to either on their
own planet. You know, it's hard to get your arms
around it, really is. Anyway, gotta take a break. Watchdog

(01:46:13):
on Wallstreet dot com. Watchdog on wallstreet dot com is
our site again. Become a part of our family, the
watch Dog on Wall Street show, Markowski investments, our personal
CFO program, our newsletter, all sorts of great great stuff
there at the site Watchdog on wallstreet dot com, or
give us a call eight hundredths four seven to one

(01:46:35):
fifty nine eighty four that's eight hundreds four seven one
fifty nine eighty four. We'll be back.

Speaker 2 (01:46:42):
Seven night.

Speaker 4 (01:46:43):
Wind to.

Speaker 1 (01:46:57):
The Only Man who is taking on the Wall Street establishment.
You're listening to The Watchdog and Wall Street with Chris Markowski.

Speaker 4 (01:47:09):
I did something, Uh, I was trying to think the
last time I went to the movie theater I went to.
I went to the movies over the Thanksgiving hollyay, I
haven't been to the movies in a long time, so
I went. I went to see The Gladiator, Gladiator two,

(01:47:31):
Gladiator too Okay, we were right, we want my reading
on it C two C plus. It's not that great,
not that great. But anyway, I guess it was a big, big,
big hot Thanksgiving weekend, four and twenty million dollars at
the box office. That was at MoMA. Two was the

(01:47:55):
big movie that was out. And I was also wicked.
You know, I'd rather stick a hot poker mind than
go see a musical, quite frankly. So again I was
looking forward to seeing gladiat Or two. But too long,
too long, not that great. And again the CEO, it's
interesting business. The AMC CEO is saying, this is a
national surge, is a phenomenon I don't think so. I

(01:48:20):
don't think so. I'm gonna tell you why. I canna
tell you why first and foremost. Okay, the movies are
it's not that they're too long. I don't mind a
long movie, but you gotta give a break for crying
out loud. I'm one of those people that, you know,
when I go to a movie, I don't like to
miss a single word. For whatever reason, I could suck

(01:48:41):
it in. I got a bit of a photographic memory
when it comes to books and movies and things that
I've seen. I like, you know, for whatever reason, I
don't like missing anything. Go to the bathroom here, and
you know, it's two hours and fifty minutes long. I mean,
back in the day, they would put an intermission in
for crying out loud. But anyway, neither here nor there.
You know, I go to the movie, the movie, and

(01:49:02):
you I'm supposed to start a certain time. No, no, no, listen.
I don't mind a trailer or two. I don't, but
when you make me sit there for forty minutes, forty minutes,
and it's not just trailers, it's not just trailers. It's

(01:49:24):
it's these actors and actresses preaching to you running commercials
telling you that you must come see movies at the
theater the way it's supposed to be seen. I'm like,
shut up for crying out of running other commercials. I said,
so I'm gonna go. You're gonna tell me, I'm gonna
go back to the movie theater after you made me
sit and watch a forty minute commercial. I mean, the

(01:49:47):
NFL is bad enough with their timeouts and how long
the breaks are with that forty minutes? Get out of here. Okay, no,
I remember, but I'm now I just remembered that lif
time I went to the movie before I saw Glad
of You to this past weekend was Maverick, Maverick, and
that was, you know, right around the COVID time. How

(01:50:08):
to get out of the house anyway. Anyway, you know,
I've seen a lot of things, a lot of things
in my years, and in finance, I've never seen this before.
I have never ever seen this before when it comes
to paying and currency. It's an extraordinary story. It's out

(01:50:29):
of California. Well you gotta hear this, You gotta hear this.
We're gonna take a quick break right here. Watch dog
on Wall Street dot Com Watchdog on Wallstreet dot Com
again is our site, podcast, newsletter, personal CFO program or
give us a call eight hundred and four, seven eighty four.

Speaker 1 (01:50:53):
Chris Markowski is the Watchdog on Wall Street. Rod you
Christmas Street at Christmas the only man who is taking

(01:51:17):
on the Wall Street establishment. You're listening to the Watchdog
on Wall Street with Chris Markowski.

Speaker 4 (01:51:24):
Yeah, I've never seen this before. Yeah, I said, I've
been doing finance for thirty plus years. We got a lot,
got all these different currencies there. You got cryptocurrency, all
sorts of stuff. Have you ever heard of poop currency?
Because yeah, yeah, Hunter Biden didn't pay rent in twenty nineteen.

(01:51:49):
In twenty twenty and tried to pay his rent with
a painting where he didn't use paint, but he used
his feces on camp not making it up. Yeah, you know,
nothing in California really surprises me at this point in time.
It really doesn't.

Speaker 7 (01:52:10):
Anyway, DEI ESG going going gone more and more companies.

Speaker 4 (01:52:22):
Yeah, we're not doing this anymore again. Listen, I came
down hard on corporate I really really did with this stuff. Again,
I don't know what phone calls were being made. I
don't know what phone calls were being made behind the
scenes from government, what type of threats were being made.
You need to understand the scariest thing in the world

(01:52:45):
to me, I said this before. Okay again, I remember
George W. Bush coming out and access of Egel North Korea.
I ran IRAQ. Yeah, no, I'm not really frightened of
I wasn't frightened of any of those things. The government
scares me more than anything else. Quite frankly, that's why

(01:53:05):
we have the Second Amendment to the Constitution. They can
do horrible, horrible things to people. They can cancel you,
they can do so much. I mean, we're seeing stories
now coming out people being debanked. Think about how sick
that is. You know what, again, I I grew up

(01:53:26):
now as America. I would never even dream of doing
things like this. People, you're going against the government, what
the government wants you to do, and they're taking away
your bank account calling him you must you must get
rid of this client. Do you understand how sick.

Speaker 1 (01:53:44):
This is?

Speaker 4 (01:53:45):
But anyway, I get it. You know, maybe some threats
were made, maybe I came down too hard, but companies
now are free free noe yep, no, no more DEI
no more eesg crap. We can get back to Hey, hey,
I got it, let's deal with merit. But again, he's

(01:54:07):
gonna have to go through a lot. Okay, all of
Biden's executive orders implementing DEI gender theory, those orders supporting
gender affirming medical interventions on minors, including puberty blockers, cross
sex hormones surgeries, all of it has to go Supreme

(01:54:29):
Court case this past week where the US government is
suing again because the state said, no, we're not We're
not allowing this nonsense here in our state. Have you
listened at all to this this case? It's oh my god. Again,

(01:54:49):
I'm not mentioning any names. I'm gonna keep my We
have certain Supreme Court justices that I go to quit
the intelligence level, maybe with a box of rocks. I'm
not kidding. Some of the things that I have heard,

(01:55:11):
one of which I gotta not mentioned any names. One
Supreme Court justice equated basically giving kids drugs, drugs that
can harm them to interracial marriage. Yeah, yeah, yeah, yeah.

(01:55:32):
You couldn't make this stuff up anyway. It was it
last week. Last week I noticed this. There was another celebration.
There was a a Transgender Day of Remembrance. Really, they
got a lot of days, got a lot of days

(01:55:52):
because they got the Trans Day of Visibility that's in March.
There's a Trans Day of Action in June. They had
a week Transgender Awareness Week, they had Transparents Day, they
got Trans History Month, pronouns days in October. October is
also Gender Fluid Visibility Week. There's non Binary People's Day

(01:56:17):
and non Binary Awareness Week. We already got LGBTQ History Month,
that's October. Then I thought about June. Don't they have
the entire month of June as well? You know, it's
amazing to me. Do we have an Entrepreneur's Day? Do
we have a day for entrepreneurs that are out there?

(01:56:40):
I'm sorry, people, I'm watching this stuff go on, and
then you're watching some of these parents here And I
mentioned this before. It's like that Munchhausen by proxy syndrome.
Compare it. You remember that from the movie The Sixth Sense,
the mom that was poisoning her kid. I'm sorry, are

(01:57:01):
these parents? Are they?

Speaker 3 (01:57:02):
They?

Speaker 4 (01:57:04):
They're like, you're you're going to feed your kids drugs.
I listened to the a cl you lawyer who is
a girl with a mustache. So a girl with a
mustache on Jake Tapper's program, saying that children at two
years old know that they're trans and you should be

(01:57:25):
allowed to castrate them basically. And and you know you
want to wake up from this nightmare at some point
in time. At some point in time, people, we have
to wake up from all of this. This is some
sick stuff that's going on. It really is. And again again, okay,

(01:57:50):
what we need to do. You need to pray for
these people. Need to pray for these people that they
they find their way. Okay, it's say it all the time.
You hate the sin, You got a the center. That's
the reality of the terrain. People. That's what we have
to do. But anyway, all right, people, I I gotta
go three hours by way too quick. Again. I'll make

(01:58:11):
sure you sign up our podcast on every day watch
Dog on Wall Street dot com. Sign up there a
personal CFO program. God bless everybody. We'll see you next
week for goodness sake.

Speaker 1 (01:58:23):
Oh you better watch out and you better not cry,
and you better not pounding matel and you why sad
you're listening to the Watchdog on Wall Street