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December 27, 2024 6 mins
Chris critiques the climate change narrative and its economic implications, using humor and sharp analysis. He questions the reliability of climate predictions, highlights the financial motivations behind policies like New York's $75 billion Climate Change Superfund Act, and underscores the costs passed to consumers. www.watchdogonwallstreeet.com
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Episode Transcript

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Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it will have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
See on two It's what plants crave. Now, I know
another obscure reference from Markowski movie Idiocracy. In a movie
Idiocracy where again fantastic comedic film. Ye, people get dumber
and dumber and dumber into the future. They're so dumb
that they actually put sports drinks rather than water on

(00:41):
the crops. And again it was called Brondo and the movie,
and they said, it's got electrolytes in it. It's what
plants crave, it's what people crave. All water fountains in
our future had this sports drink coming out of it.
But anyway, neither here nor there. What really what plant's
grave is CO two. Now, if you were paying attention

(01:06):
back in sixth grade science class, you would have learned that.
Now we're told or we're told that, you know, CO
two is some sort of toxin pollutant killer, right, right,
so you know the world is getting greener, that's right,

(01:33):
that's right. The world is getting greener plants, plant life
is actually encroaching on the Sahara Desert amongst other places
as well. Well. The uh, well, you're gonna talk a

(01:54):
little bit about ice ice ice baby. Yeah, yeah, we'll
go back, We'll go back to two thousand and six,
two thousand and seven. You know, scientists at that point time,
we're telling us that, boy, we were in deep trouble
because by twenty thirteen in the summertime there was going

(02:18):
to be none zip, zero zilch is going to be
no ice in the Arctic. That was going to be
by twenty thirteen. Again, these are all scientists. They were
following the science climate scientists. Yeah, five six years they said, yep, Arctic,

(02:43):
Arctic ice free summers. Yeah, well, let's let's see how
we're doing here. We're we're here in going into twenty
twenty five. Arctic ice data show is that there's twenty
six percent more ice now than there was in twenty thirteen.

(03:10):
I still try to get my arms around you people
that buy into this religion of yours, This uh you
know world is we're all melting climate change, It's all
our fault. I don't get it. Every every prediction everything

(03:33):
they told you was gonna happen has been wrong. Polar opposite.
I know every year a you know, a tropical storm
will pop up, a hurricane will pop up. See it's
climate change. Oh my god, it's a forest fire. Climate change.

(03:54):
Like there's never been forest fires until you know this,
you know, past one hundred years, never been hurricanes have
brand new occurrence since we started driving cars. It's difficult
to get your arms around. But again, it's not if
you follow the money. If you do, if you follow
the money and understand the rackets, okay, mafia's shakedowns. Here

(04:21):
is an example. The state of New York, Kathy Holkl
just signed a bill that is going to charge oil
and gas firms seventy five billion dollars. Yeah, it's called
the Climate Change Superfund Act, which will charge oil and

(04:43):
gas firms and estimated seventy five billion over the next
twenty five years. Seventy five billion dollars. Now, again, oil compmpanies,
gas companies, whatever it may be, this is a cost

(05:05):
to them. Do you not think that they're going to
pass this cost on down to the people that buy
oil and gas? They are, they are, And again again
it's going to affect everybody. Again, this is why you
know this again, because of this, it might interstate commerce
clause might you know, cause some difficulties quite frankly as

(05:28):
far as the legality of this. But this is the
State of New York just saying we want seventy five
billion dollars. People keep leaving our state, they keep moving out.
We need money. We're going to shake down these companies
to the tune of seventy five billion dollars. It's to
do it. That's what they're doing. It's it's same thing,

(05:54):
same thing with the cigarette tax, whatever it may be. Okay,
they need to keep big government, big bureaucracy aflowing. Heah, yeah,
it's an easy target right here. We'll go after the
oil companies, yep. And again we'll go after them. Pass
that costs on you know the most voters out there, dude. Yeah,

(06:16):
they're going after the going after the corporations. They're terrible.
We're gonna go after them. No, you idiot, you' just
gotta buy electricity, you gotta buy gas, all these things.
You're gonna pay the bill. But again, yeah, ignorance, Okay,
what was that? What was I forget? It? Was it?

(06:38):
Was it? Was it? The commercial for I don't know,
some fun mind is a terrible thing to waste it.
Well again, we're wasting them, lots of them, quite frankly.
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