Watchdog on Wall Street: Podcast for Weekend of January 24 - January 25 2025 - Watchdog on Wall Street with Chris Markowski

Episode Transcript
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Speaker 1 (00:07):
Well, no one altered.

Speaker 2 (00:08):
Investment banker, consumer advocate, analyst, trader Chris Markowski is the
watchdog Wall Street?

Speaker 1 (00:16):
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 3 (00:28):
You can't handle the true proof.

Speaker 1 (00:30):
Bringing America the truth about what really happens in the
financial world.

Speaker 4 (00:35):
Ladies and gentlemen. We're not here to indulge in fantasy,
but in political and economic reality.

Speaker 1 (00:39):
This is the watchdog Wall Streets. Wow, that was fun.

Speaker 5 (00:48):
Holy snikes, what a week. Oh boy, We're gonna have
a lot of fun today, just like we had a
lot of fun every single day on the podcast this
as week. But I gotta start off. I gotta say, well,
we're gonna get into the politics and all that stuff
a little bit later on in the program, but I
do have to start off today with truly saying, and

(01:10):
again this is not my line, it's not I gotta
give credit where credits due. You gotta throw this out
to uh, Michael Savage. Liberalism is a mental disorder. It is.
It's a condition. There's no doubt about it. These narcissists,
because that's what they are. And let's be honest, that's
that's infecting much of society, everybody with their selfies and

(01:33):
taking pictures of everything, and pictures of their food, and
pictures of this and pictures of that. But anyway, narcissists,
they one of the defining characteristics is they can never
ever admit when they're wrong. They can never ever admit

(01:53):
when they're wrong. Think, let's think about this. Okay, I
made a list. Here, made a list these people, these
people for past four years, and then some in further
and going back in further, these far left is these
people that are wrong narcissists. Okay, shut down your business,

(02:15):
yelled at you, yelled at you, yelled at your kids
for not wearing masks. Are not social distancing, wouldn't let
you visit your dying parents. Kick soldiers out of the
military for not refusal, for not taking a vaccine. Lied, lied,

(02:35):
lied about the origins of COVID, the censored you, censored
you if you actually asked any questions. Tried to create
a ministry of truth right out of some dystopian novel.
Lied about the Hunter Biden laptop, lied about Russia, Russia.

(02:56):
Russia lied about Joe Biden's dementia, stopped enforcing immigration and laws,
let tens of millions cross the border illegally installed all
this nonsensical DEI crap, little little cultassars in all government agencies,

(03:19):
and then then put the screws to businesses out there
and had them do the same thing too. Let men
compete against women and women's sports you have going to
go on because they can, and they won't even admit
when they're wrong. And that's that's sad, it really is.

(03:43):
It's sad. What does that tell you about these people?
And again, like I said, I've said again again again
these you need to pray for these people at some
point in time that they're going to actually start doing
the right thing. But anyway, and we'll get into more
of that later on in the show, but I want
to We're gonna start off today investment advice and slasher films.

(04:09):
That's right, Investment advice and slasher films I want to
talk about because I'm again this is better pay attention.
You better pay attention, don't and I don't want to
hear it. I don't want to hear it. Next year,
six months from now a couple of years from now
that I warned you, because I'm warning you right now.
I've been warning you week after week after week. I

(04:31):
see what's coming. Now, what does this have to do
with slasher films? Well, again, the slasher films, it's kind
of like the same thing, right you go with Michael
Meyer from Halloween Man all started that was like the
late nineteen seventies, and then you have Friday the Thirteenth
in the nineteen eighties. Yeah, lots of victims getting cut

(04:53):
up the same way, and people doing dumb things over
and over and over again again. The investment advice and
some of the things that are being pushed on and
have been pushed on you. It's they're they're the same
thing again and again and again, these firms looking to
enrich themselves, enrich themselves rather than enrich you. It's it's common,

(05:21):
and it's it's going to be ugly. It's going to
be ugly. I got to tell you about I gotta
tell you about what happened to me this sum probably
just past week. This is on a regular basis right now.
I have a responsibility, Okay, I have an enormous responsibility.
We take it very seriously. What I it's this is
a profession. Okay, my client's interests, my people, my listeners

(05:46):
come above everything else. Their interests are above ours. That's
the way it's supposed to be. That's why it's supposed
to be with your doctor. That's the way it's supposed
to be with your accountant, your attorney. This is a profession. Now.
For years, for years here at Markowski Investments, we've been
helping good a great advice because there's a lot of

(06:10):
great advisory firms out there there are right because it
happens people will listen to this program. People listen to
this program and they'll call up and you know that
they'll purse for the first time, and you know, we
want us to take a look at their portfolio. And
I say, you know, we'll tell them make the face.
Your guys doing a great job. Your guy is doing
a great job. You don't, I mean, everything you're doing

(06:33):
is great. And I actually want to say say, hey, listen,
I don't know how old your advisor is, but you
know what, if they are looking to retire, they want
to move their business over to Markowski Investments, you know,
have them give me a call and we've been again
absorbing great investment firms around the country for a while now,
in offices around the country again helping people retire. We

(06:56):
have to have a succession plan. Well, things are changing,
Things are changing this coast. What we were talking about
last week, talking about the demonic game of musical chairs
that's happening across the country right now. With private equity.
I get pitched on a regular basis. Many, many private

(07:19):
equity firms want to buy us. They want to buy us,
And the offers that I am getting for Markowski investments
are as crazy Eddie would say back in the nineteen eighties. Insane.
Prices are insane, not because they're low, but because they're
ridiculously high. And my brothers and I we get Beth

(07:42):
be done generational wealth tomorrow. If I again had an
ethical bypass at birth, not nothing, I could sell my
from nothing illegal, would it be right?

Speaker 2 (07:54):
No?

Speaker 5 (07:55):
Why? Well, the multiples right now that these private equity
firms are paying for investment advisors are just that they're crazy.
There's no way that they're going to be able to
see any return on that investment for decades, decades, unless,

(08:16):
of course, unless, of course, they decide to tell when
they buy up a firm, put those clients into other
private equity and alternative investments, annuities, high commission products. That's
the only way. That is the only way, and quite frankly,
it's sick. It's sick. And I'm warning everybody out there,

(08:42):
mark my words right now. Okay, here's a bit of
a warning you have. You're working with an investment advisor
out there, and all of a sudden he approaches say, hey, listen,
you know I'm looking to retire and I'm going to
be selling my firm to this outfit. That outfit. You
need to ask, is this a private equity company's by you?

(09:04):
And if that's the case, get out now, get out now,
because you are going to be used and abused. And
uh this is unfortunately. This happens again and again and
again in our industry, and it makes me sick to

(09:24):
my something. I can go back in time what has happened.
I go back to what I started. When I started,
it was you know, the industry with stockbrokers. It was
commission based business. And I've told you about my experience
working at a big firm, big firm, big trading floor.
I mean picture in your mind pitture in your mind

(09:45):
the movie Wall Street with Bud Fox there, just like that.
That's that's how we got started here, sales managers, sales
managers in essence telling you to churn and burn your
clients because that's how they got paid. We refused to
do it. We left. And then you know, after that,

(10:09):
after that, they had all the various different classes of
mutual funds, and it was kind of before ETFs A
and B and C and finding other ways to get
all sorts of commissions and ridiculous fees off of people.
And we pushed, pushed for registered investment advisors getting out
from underneath that utilizing a system where you're paying a fee.

(10:32):
You know, back in the day, do you know that
the brokerage firms they were they were putting high commission
products inside and again they were still brokers what they
called wrap accounts. So not only did we charge you
a fee and all the assets, but they were also
getting a commission on the products that they were putting
in those accounts. Again made us sick to our stomach.
We warned you about it here on the program, one

(10:53):
thing after another, and like I said, like the slaure
for me you can't kill Mike Myers, you can't kill
Jason Vorhees. They keep coming back, and I'm watching this
happen again, and I gotta say something. I know is

(11:18):
a lot of investment advisors that listen to this show
as well. Shame on you. And again, I'm a capitalist, Okay,
I am absolutely I am a tried and true capitalists.
We've talked about this here around the program. But capitalism
doesn't mean you have to get over on someone. Well,
who am I getting over on someone? I'm just selling
my firm. They want to pay me nine times my revenues.

(11:42):
Who am I to say?

Speaker 4 (11:43):
No?

Speaker 5 (11:43):
Well, aren't you don't you care about your clients? After
se aren't you the slightest bit concerned about what's going
to happen? Then, because I'm sorry, take a good hard
look in the mirror, take a good hard look at me,
because you know you can make all the excuses in

(12:07):
the entire world. You can tell yoursel Oh, it's just
capitalist up. That's going rate right now. I should sell
out that price. You know what you're doing to your clients,
it's wrong. And again I'm watching it happen before my
very eyes. I'm watching what's happened with private equity and

(12:28):
how it's gonna be shoved down people's accounts right before
my very eyes. And like I said, it's like the
slasher films, they're basically all the same for crying out loud.
It's the same thing again and again and again. People,

(12:49):
it's just a warning. I mean, you're gonna do what
you want to do, but you better again, you better
make sure. You better make sure that the advisor that
you're working with is gonna put your interest your family's
interests first because if not. Again, I know, I'm watching

(13:12):
what's happening right now, five six emails a day looking
to buy out Markowski Investments. The answer is no, No,
I'm not gonna do that to you, not gonna do
that to my clients. That's not who we are. Gotta

(13:35):
take a break. Watchdog on Wallstreet dot com. Watchdog on
wallstreet dot com. Yeah, twenty five years we've been kicking
aid and taking names right here on the Watchdog on
Wall Street. Shoe liars, crooks, cheez, we take them out
behind the woodshed. Come apart of the Watchdog on Wall Street. Family,
get to our website. Watchdog on Wallstreet dot com our

(13:58):
personal c f OH program. Learn how you can be
a part of our family at Markowski Investments podcast newsletter
All for great stuff, Watchdog on Wallstreet dot com. We'll
be back.

Speaker 1 (14:27):
You should believe in math not magic. You're listening to
the Watchdog in Wall Street with Chris Markowski.

Speaker 5 (14:35):
Welcome back everybody. It is the one, the only, the
Watchdog on Wall Street. Yeah, you know what again, we've
been talking about this past couple weeks with private equity,
alternative investments, the demonic game of musical chairs that is
constantly being played looking for greater fools, and those greater

(14:59):
fools quite frankly, that that's you. That's you. That's what
Walls she wants. They want you to buy their crap. Anyway,
this story, this story, I just cracked me up. It
really did, because I've made fun of pension fund managers
for a long time here on the program because their performance,
more often than not, is just awful. And again, this

(15:22):
is going back in time. It's true story. It's about
eighteen years ago. Eighteen years ago we said, hey, you
know what, we you know, we've got quite the performance,
So you know what, why not provide our services to
you know, government pensions. So you know, we put together
a little you know, look book and you know, sent
it up and basically saying what we're capable of doing,

(15:43):
and we kind of got laughed at, and I'm like, wow,
you know, why are they They've blown us off with this.
What we learned that the only way that you are
going to become a pension fund manager for any of
these government pensions, whatever it may be, is you got
to hire a lobbyist. That's right. You have to hire
a lobbyist, and the lobbyist has to go to work

(16:04):
for you, and you have to start cutting checks to politicians.
And I said, uh, thanks, but no thanks. And you know,
we talked about this on the show back then. I said,
think about this for a second. You would rather again
this politicians, of course, they'd rather accept substandard performance for
these pension funds because again, what is their biggest concern

(16:27):
is getting a check from somebody. It's pathetic. Quite frankly,
we're gonna talk about pathetic. Yeah, we'll talk about these
pension funds. This is an unbelievable story and it goes
right to what we've been telling you. So it's not
just you that are being the greater fools. It's also
these pension fund managers. Now, many of these pension fund
managers that are out there, they get those positions simply

(16:47):
because they're related to somebody in power. Many of them,
quite frankly, I'm gonna be nice, are dumb as a
box of rocks. It is what it is. Anyway, Over
the past several years, public pension plans, university endowments, charitable
foundations have doubled their investment in private equity. This is

(17:11):
going back to two thousand eighteen, doubled their investment. North
American private equity funds now manage four trillion dollars in assets.
If that's what you want to call it again, why
would they go ahead and do this? Well again, these

(17:34):
pension fund managers want to say, Hey, look what a
wonderful job I'm doing. Look at the returns that I'm generating. Again,
how do you put a how do you put a
value on an ill liquid investment? Well, if you're a
private private equity company, you're gonna put whatever value you want,

(17:54):
whatever you want. Now again, these private what do you
call that? They're not even telling the pension funds. They're
not even disclosing to them what they're charging in fees.
They're not giving up any information for crime out loud,
and you get these pension from it. They're being interviewed. Well,

(18:17):
you know, I think sunshine is the best disinfected. I
think they need to provide more information. And the private
equity companies are basically giving them the middle finger. What
are you gonna do about it? In essence, what are
you gonna do. You bought all of these things, you're
not allowed to sell them. We're gonna do whatever we want.

(18:40):
Private equity assets managed by these pension funds tripled over
the past decade, but their fees are up sixfold. And again,
these are these private equity companies. They own assets that
are not liquid. They're not liquid, so they put whatever

(19:02):
value on them that they want. I explained this before
in terms of credit. Uh, baseball cards. We'll do it.
Baseball cards. My baseball card collection. Right now. I can
look at my baseball cards and I can say they're
worth this, or the book will say they're worth that.
But the reality is they only worth what somebody is

(19:24):
willing to pay for it. That's the issue. Who's going
to buy all of these these companies that are not
making any money that are on the books with these
pension fund managers, or like I said before, they just
paid a ridiculous valuation for an investment advisor. They're gonna

(19:45):
sell it for more how to who? And that's the problem.
This is that again the demonic game of musical chairs,
and they're trying to get you. They've already got the
pension guys. Okay, you are the next stop. In order

(20:06):
to get the money out of the pensions, they've got
to sell it to someone. And you have got to
be that greater fool. Don't be that greater fool. Watch
Watchdog on Wall Street dot com. Watchdog on Wall Street
dot com again. Become a part of our family. Sign
up for our personal CFO program, our podcast, our newsletter,

(20:28):
all sorts of great stuff, Watchdog on Wallstreet dot com,
or give us a call eight hundred four seven one
fifty four.

Speaker 1 (20:36):
Just Chris Markowski. It's the Watchdog on.

Speaker 6 (20:40):
Wall Street.

Speaker 5 (21:02):
When I was seventy. All right, welcome back, everybody. I am.
I am a Frank Sinatra fan, and I have to
say this is I have to say this is my
favorite song by Frank Sinatra. It's one of those songs
you know you just you put it on. Put it on.

(21:22):
I've got my vinyl collection. I am. I'm kind of
old school. Put on and you close your eyes and
it's you know, the song, it's just so great. It
takes you there, takes you there. And the lyrics to
this song he's talking about, you know, a very good
year when he's seventeen, when he's twenty one, when he's
thirty five, and then you know, the later stage of

(21:42):
his life there is was it that think of my
life as vintage wine from fine old Kegs? Well, I was.
I was thinking about that song. I was thinking about
that song this this week, and I was, what does
this mean in you know, in terms of the markets
in your portfolio kind of thinking about it. We've had
we've had doing us thirty odd years. We've had some

(22:06):
very very good years, very good years. And with that
being said, with that being said, you have very good years,
but you also have to understand that you have to
protect yourself from years that are not very good because

(22:28):
they can come out of nowhere. This past week, Jamie
Diamond come out talking about the valuation in the stock market.
I try to get across here on the program, the
futility of trying to time markets. We don't time markets.

(22:50):
This past week, I was reminded of a of There
was actually a book that was written in nineteen seventy two.
It was entitled super Money, and thank god Jason's Wig
brought it up and talked about It's kind almost like
one of those very good year type moments, but people
not knowing when to leave a party and they're looking

(23:11):
at the clock. But the clock you're looking at doesn't
have any hands on it. That's again, that's what the
markets are about.

Speaker 2 (23:20):
You.

Speaker 5 (23:20):
You don't know how to time them. What truly will
make you a successful investor. What works is, yeah, you're
gonna have very good years, but you also have to
protect yourself when things don't go right and things coming
out of nowhere, you know, the the Nicholas Talub calls
and black Swan events. I don't even have to be

(23:42):
black Swans, and just sometimes things become overvalued, and how
are we going to handle market valuations where we are
the same way we always do. You rotate assets, you
take profits. You're never gonna go to poor taking profits,

(24:02):
and that doesn't necessarily mean you know you've done really
well in x y Z and X y Z has
been killing it over the past few years. You don't
have to sell your entire position. You could take some
profits off the table. You can utilize options to hedge
yourself in these positions. And yes, yeah, from time to time,

(24:25):
it might limit your upside in very good years, but
that's okay. That's okay because you cannot let risk lead
to ruin. There's gonna be great years like the Frank
Sinatra song, and there's gonna be overall not so very

(24:48):
good years. But that's okay because when you're gonna look back,
when you look back at those not so very good years,
you're going to realize what you did, what you did
during the Great Recession, what you did when the stock
market tank during COVID or the Asian financial crisis or

(25:09):
the European whatever, whatever it may be, what you did
during those years will make your your great years even
better because you're being smart. You're not acting out of emotion.
You're calm, you're cool, you're collected. Emotion kills portfolios again

(25:34):
time in the market. Think of it, like I said,
think of it like a clock with no hands. You
can't do it. Take advantage of those great years, rotate assets,
protect yourself. We talked about that Barbelle strategy here on
the program, and you will build wealth. That's what we do.

(25:57):
That's what we do. This is this is what the
Family Office mark Kowski Investments is all about. And an
I invite you want to learn how to do it.
You want to do things the right way, you want
to protect yourself again, become a part of our family.
Get to our website at Watchdog on Wallstreet dot com.
Sign up for our personal CFO program and again you're

(26:22):
gonna have a lot of great years. Canna have down years,
but those down years are gonna turn into great years.
Watchdog on Wallstreet dot com, Personal CFO program, podcast, 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. Good year.

Speaker 1 (26:58):
Bringing Americacial freedom. One listener at a time. You're listening
to the Watchdog on Wall Street with Chris Markowski.

Speaker 5 (27:09):
I have to, uh, I gotta mention this as well.
We're here later on the show today we're going to
get into uh Davos and the you know Davos who've
always made fun of it it's like a meeting of
James Bond Villain's for crying out loud. But anyway, I
pay attention to what they're saying, because again nobody else does,

(27:29):
and they're actually they go to this thing and they
tell you exactly what they're thinking and what they want
to do. You actually had the head of Standard Chartered,
which is a major bank, basically came out this past
week and said, all of the investments, all of the
things that we've done in net zero green technology, it's

(27:49):
all because of money. It's all because it's making them
money money. He again could care less, could care less
that he was selling all of these crappy investments to
you and to everybody else and the government all or hell.

(28:13):
You gotta have all this stuff in your portfolios, and
pension funds have got to make sure they have enough.
They didn't care that. That's again, this is one of
the things I really try to get across to people
here on the program. When you're dealing with these big
financial institutions, they have no business whatsoever, no business whatsoever

(28:37):
managing the assets of individual investors. They don't. They don't
because again they aren't. They're not gonna put you first,
it doesn't work that way. It's not one's supposed to
be this way. And the one thing, the one thing
that needs to come back, They need to bring back

(28:57):
Glass Steagle. They need to break up the big bang.
Commercial banks shouldn't be involved with investment banks, and quite frankly,
the whole asset management managing money for individual investors should
be spun off. They shouldn't be owned by these big
banks because again, time and time again, individual investors get

(29:21):
taken anyway. And we'll get more into the Davo stuff
a little bit later on in the program. I have
to highlight this again. The business media out there, they
need characters, Okay, they need characters that they can highlight
on their programs. They need gurus, they need experts to

(29:44):
go to. And the quirkier the better, the quirkier the better,
because it makes for good TV. A money manager that,
oh my god, the media, all the media, Wall Street Journal, Magazine, CNBC,
you name it. They were talenting this this lady for

(30:07):
oh they still do. Yeah. Kathy would oh yeah, ah,
she's a the next warn Buffet's a woman. Here's how
to invest with her. So Kathy would put out a
tweet and I'm again this is can't make this up.
As a result, it's direct quote. As a result, our

(30:29):
trading related capital losses should offset trading related capital gains
for years an underappreciated asset associated with our strategies. Basically,
what she's saying is we have lost so much money

(30:49):
that will never have to pay taxes. Again, I just
translated that quote that she said. She actually put that
out there. Put that out there there and again, doops,
we'll believe it. Okay, there's no such thing as a guru.
Warren Buffett would tell you he's not a guru. Okay,

(31:13):
Druggan Miller wouldn't tell you he is not a guru.
It's just this, this one strategy, and it works. Either
you follow it or again, you become a useful idiot
following these other fools. Don't do that. Watchdog on Wallstreet
dot com. Watchdog on Wallstreet dot com. We'll be back.

Speaker 1 (31:40):
After the watch Dog wall Street ticking Wall Streets, liars,

(32:01):
crooks and sheets out behind the woodshed. You're listening to
the Watchdog on Wall Street mass.

Speaker 5 (32:12):
Boy again. I gotta report this story like we've been
reporting over the years, the nefarious actions to the major
investment houses out there. Mainstream media, they don't cover this stuff.
They don't cover this stuff. And the reason why they
don't cover this stuff is a these these big investment

(32:36):
houses are there bankers. These big investment houses also spend
quite a bit of money on advertising, and that advertising
buys well. Again, the big they look the other way.
Let's put it that way again. I want to remind
people we uncovered here. This is what it's like. Two

(32:58):
thousand five, two thousand and six, can't remember the exact year.
Got an advertising contract between Morgan Stanley and the big networks,
and it said right in the advertising contract, hey listen, listen,
we're buying ads on your network. But if you're planning
on any negative coverage of US and your news programs,
pull all our ads. They'd rather get paid. Merrill Inch

(33:24):
and Wells Fargo have agreed to pay sixty million dollars
sixty million dollars to resolve allegations of Advisor Act violations
related to the interest rates offered in their cash sweep programs.
The SEC said the bank deposit sweep programs failed to

(33:46):
offer interest rates in line with those available and other alternatives.
The yield differential was as much as four percent, as
much as four percent, meaning that they could have offered
their clients a much better return on the cash and

(34:09):
their accounts, but they chose to keep it for themselves.
This is who they are. Big deal. They paid a fine.
They paid a fine. Do you think anybody's gonna be
made whole? This is the same type of behavior that
they've They've conducted it again and again again. They don't

(34:31):
care about you, They never have. You know, it's amazing,
is that you know? And I rightfully, so rightfully. So
you know, you watch the news programs and you see,
you know, these terrible violent crimes and theft and these
things happening in certain cities in New York and Chicago
and San Francisco. And you say to yourself, you say,

(34:54):
you know these people were arrested. How many times they
keep letting them go again and again and again and
again and again. Well, you know the same thing holds true
on Wall Street. You pay a fine and you walk away.
That's how it works. What was there not someone responsible

(35:16):
for these actions? Because Merrill Lynch Wells Fargo, they're logos
and tax id numbers. There are people that are working
at that company that knew exactly what was going on
and did it and they still have their job. And
again we allow this to take place, well, you know,

(35:38):
actually allows it to take place. You do you're going
to continue to do business with these outfits? You know,
why would they change every now and then? Uh yeah,
we got caught, Sorry my bad, pay a fine and
walk away. I've explained this before. Listen. If you you

(35:59):
are a nefarious evil, sob to the core, and you
want to live the life of crime, the smart thing
to do is to go to school, study, go to
an Ivy League school, and make sure you get your
job yourself, a job at one of these big firms,
because no matter what you do, you're getting away with it.
Can you name for me one pop quiz? Can you

(36:23):
name for me one one person from any of these
big firms, all the nefarious stuff, everything that has taken place,
all the things that we've covered here over the past
twenty five I'm just do twenty five years on air.
No of anyone that's going to jail. No, no, and
again it's sad. I'm gonna show how they're operating now

(36:48):
with small investment advisors. And this is why we're working
to help out a lot of small investment advisors and
have them come work under our umbrella because they wouldn't
dare do that to us. Story by Jason's Wig. Advisors
are required by law to act in your best interests.
They can sometimes be pushed to do otherwise. The latest

(37:08):
push comes from an unlit corner of the financial industry,
and you need to know about it so you can
guard against it. Again, talking about right now, how custodians,
big companies like Fidelity and Charles Schwab investment advisors need
to have these custodians. They process trades, maintain records, generate

(37:29):
account statements, all that stuff. Well, all of a sudden,
these custodians now are saying, hey, listen, listen, you better
be generating. You better be generating a lot more in
commissions revenue or guess what. Guess what we're gonna start
charging you. Yeah, and asking them, oh, you know what,

(37:53):
move You're gonna have to move some of your money
out of that that high yielding market fund into one
of our lower yielding money market funds so we can
make our big And you know, I dare them, try
try that, try that with us again. I use these custodians.

(38:15):
They wouldn't dare, but they do it. Now, how is
that acting in the best interest of one's client. Custodians
don't care. They want to make their money. I mean
you think it adds up? People, Okay, a few million here,
a few millionaire turns into a few billion here, a
few billionaire. You know, one hundred basis points, two hundred

(38:37):
basis points on that. That's real money. Oh you think
they care about you, do you? I know? Oh, they're
running those nice commercials on TV. You know, oh schwab.

Speaker 1 (38:53):
They don't care.

Speaker 5 (38:53):
Man. And until you recognize that and realize that, okay, people,
you're gonna get and again and again and again. Gotta
take another break. You are listening to the Watchdog on
Wall Street show Watchdog on Wallstreet dot Com. Again. Be
a part of our family, our personal CFO program, our podcast,

(39:14):
our newsletter, all sorts of great stuff, everything free there
at the website Watchdog on Wallstreet dot com, or give
us a call eight hundred four seven one fifty nine
eighty four.

Speaker 1 (39:28):
Chris Borkowski is the Watchdog on Wall Street. Well, no
one altered your investment banker, consumer advocate, analyst, trader, Chris

(39:51):
Markowski is the watchdog on Wall Street? Do you want
to answer exposing the lines and myths that they've beig
brokerage for the mainstream press and the government are pushing
to keep Americans away from financial freedom.

Speaker 3 (40:06):
You can't handle the truth.

Speaker 1 (40:08):
financial world.

Speaker 4 (40:13):

Speaker 1 (40:18):
This is the watchdog on Wall Streets.

Speaker 5 (40:23):
Well, I know, I've never seen anything like it. I
really have it. This first week of the Trump presidency.
It's again, I can't put it into words. I've been
working my tail off just to keep up with everything

(40:45):
that's been done past week. I was thinking about it.
It's like for me and for many others, it's like
it's like the Greatest Hits album for Crying Out Lone
one one great hit after another other was I you know,
it's like my first the first Pink Floyd album that
I got it was it was like ninth early nineteen eighties.

(41:08):
It was It's called The Collection of Great Dance Songs.
It was basically a Greatest Hits various different Pink Floyd
songs and basically that was Trump this week. It was
a It was a collection of great dance songs, merit based, tiring,
fantastic at the FAA. Ge whiz. We're gonna put pilots

(41:30):
that actually know what they're doing into the air, closure
of DEI offices, Repeal of lvj's mandated affirmative action nonsense
from the nineteen sixties. Oh no, more bloody pride flags
on embassies in government buildings around the country. The it's

(41:51):
just you can go on and on and on again.
I want to talk a little about it, wan, why
not again? Just sanity, the the executive order defending women
from gender ideology extremism, and restoring biological truth to the
federal government. Hallelujah. No more pronouns to genders, two genders again.

(42:20):
We're we're back. We're back to kindergarten cop boys have
a penis, girls have a vagina a day? Yeah, how
about that? Fantastic the other thing. Absolutely thrilled. And I'm
sorry this is going to sound harsh, sound harsh, but

(42:41):
you know I'm gonna be honest. People, you're new to
this program. We tell it like it is. We tell
it like it is, and and sometimes you know, you
might listen, you might get offended, but you know what,
why are you gonna ask yourself? Why did you get offended?
Did you again? If you get offended because you think

(43:01):
that I said something that was not true, call me
on it, call me out on it, send me out again.
Do your homework. But you're getting offended because I'm telling
the truth. Sorry that we need more of that. Okay,
that we've talked about truth here on the program. Truth
is not relative. Here's a couple stories. And again this

(43:25):
is part of this buttercup nation that we've become that
I think we're pulling away from. Again the Wall Street Journal,
the Wall Street Journal, which most certainly has got low
t they if anybody need a testosterone shot, The Wall
Street Journal needs a testosterone shot. Here's a story about

(43:46):
in this past week in excess federal workforce. Fifth, goodbye
to job stability and remote work? Who ran? Who a no?

Speaker 2 (44:01):
No?

Speaker 5 (44:01):
Oh oh job stability. Oh we thought we had jobstability.
No again, that's sick job stability.

Speaker 2 (44:13):
No no.

Speaker 5 (44:14):
If you're not doing your job, you should be fired.
If your job becomes obsolete, guess what you gotta go
or you gotta find something else to do. Wall Street Journal.
Oh my god, they're interviewing people there and they're all upset.

(44:35):
Oh no, meetings on diversity, equity inclusion. They're canceled. What
are we gonna do? Oh no, I've been working at
home and I need to take care of you know
the fact that I've got an ailing parent. But okay,
you know what. This is life. I hate to break
it to you, but again, this is how the rest

(44:56):
of the world works. Why are you special because you
work in government. You've already we've already articulated that government
workers get paid more than the private sector. Now you
need job stability, get to retire early, get all this
free healthcare in the entire world, and you want more.

Speaker 1 (45:13):
D I.

Speaker 5 (45:16):
Trump's war on DEI Freeze's diversity work across the federal government.
What exactly is diversity work? I want you to I
want everybody to sit back and think about this for
a second. Okay, think real hard. What does adi worker
or officer do all day long the day in the

(45:41):
life of a DEI working You know that you never
have that because they don't do anything. You know it,
and I know it. It is. It is a mafia
esque no show job, and you.

Speaker 2 (45:56):
Know it is.

Speaker 5 (45:59):
I've been clamoring from the bobs from off of space
to go to work. What exactly do you say you
do here? And they're all it's all going away, it's
all going away. And you know what again? This is?

(46:19):
This is? You know, this is the truth. Now, all
of a sudden, we got thousands and thousands of DEI
experts that are going to be unemployed. Oh that's terrible,
that's awful. What are they gonna do? Get a real
job now? He asked me. If I feel sorry, No,

(46:41):
I don't, I don't. You've been running It's like me
feeling sorry for a criminal getting caught from stealing. Okay,
you know, look yourself in the mirror. You know deep
down inside that you really didn't do a darn thing,
and you've been running grift. You've been running a grift

(47:02):
for a long time. And the sooner you realize it,
the sooner, the better off you're gonna be. Just be
honest with yourself, Just be honest. You got yourself a
useless degree. What exactly are your skills? Okay? What are

(47:25):
your skills? Okay? Based upon those skills and your useless degree,
do you really think you deserve what you got paid.
I know you can tell it, but I work in
the that's over. Okay, you're delusional. This delusional high opinion
of your job and what you do is pathetic. And

(47:46):
this again, this is a reality check. And I know,
I know it's gonna's harsh again, but it's true. And
you know it's true. Nothing I'm saying is not true. Okay,
for the most part, you're pretty much unemployable right now. Unemployable.

(48:06):
Uh joonla Fever put out an interesting tweet on this,
the toxic bad energy team killers and walking lawsuits and
guess what, you know what's gonna get dismantled next? NGO's
academia fantastic. You got no place to go now you

(48:29):
want you want to go join, you know, go see
if Kamala is gonna get her her campaign and here
for twenty twenty eight even get a job there have
at it or better yet, change change again about face,
different direction. That is what makes America great. You could

(48:52):
have been wrapped up in all of this for a
period of time. Just realize what you were doing was
messed up, it was wrong, it was just and you no, indeed,
donn it's how you know, it's you know what, forgive me,
get yourself a skill, Go in a different direction than
what you've been going. Because nobody's interested in this nonsense anymore.

(49:15):
That did the jig is up with all this stuff. Anyway,
I gotta talk about this too. This is another thing
that that Trump is doing. And this is fantastic. This
is something that we had pointed out the General Services Administration. Okay,
this is a federal agency. This is a federal agency. Well,

(49:38):
this is what they say. They do manage and lease
much of our real estate. God, they call it the
government's real estate. Now it's not the government's real estate.
It's our real estate. Now. I just want to put
this in a perspective for you. Okay, this these are
these are government buildings. These are government buildings in Washington, DC.

(50:02):
Department of Energy has about a million square feet. It
has a capacity to have four eight hundred and thirty
eight workers. You don't want to know what the daily
occupancy was eight eight people. Eight people in a million

(50:23):
square foot building. What do they do all day? Play
a hide and seek in there? I got another one here,
here's one that's about seven hundred thousand square foot building,
the Agency for Global Media. What in God's creation they do?
I don't know. Can hold thirty four hundred people seventy

(50:44):
two average daily occupancy? Oh, I can go on, I
could go on. But basically, this GSA manages three hundred
and seventy million square feet nationwide. Most of this is crap, crap,

(51:05):
poorly maintained, poorly maintained, sitting empty or underused. Donald Trump,
Donald Trump wants to sell two thirds of the federal
government's office stock to the private sector. Yes, sell it,

(51:26):
sell it all, sell it now, sell Mortimer sell. But oh,
oh no, no, big big democratic landlords. They're not happy
about this. Here's Don people's big democratic landlord, big landlord
in Washington, DC. And oh no, don't do that, because

(51:50):
then the value real estate, which is already depressed in DC,
will go down even further. I don't care, Don about
your real estate portfolio that you probably overlevered in the
first place. Sell it all, sell it now. Get rid
of all of this nonsense. Some of these buildings, some

(52:13):
of these buildings, they need hundreds of millions of dollars
just to just to upgrade them. Have we lost our minds?
Knock them down? I don't care. Sell them off, knock
them down, plant trees, plant trees. This this is crazy.

(52:34):
The buildings, the GSA's own building, twelve percent occupancy rate. Hey,
here's the uh, here's the money. Quote in the Wall
Street Journal article, the government is not very good at
managing real estate. You don't say, you know what you
want to hear? The funny thing about this mar A
Lago right, Trump's uh, Trump's place down there in Palm Beach.

(52:59):
Do you know that he bought that from the g
say he bought that the h the Post family that
the place you should be owned by the you know,
Post serials actually donated it to the federal government. The
federal government scooted it up so badly, couldn't manage it,
couldn't do a darn thing around it. Trump bought it
for a couple of nickels and dimes. And look what

(53:23):
he's done with it. Sell it all, Sell it all now.
Watchdog on Wallstreet dot com. Watchdog on Wallstreet dot com.
Oh boy, just get warmed up here on the program. Well,
lots and lots of stuff we got to talk about.
Don't go anywhere, but if you do, make sure you
get to our website, sign up for our podcast, our newsletter,

(53:46):
and of course become a part of our family at
Markowski Investments, our personal CFO program Watchdog on Wallstreet dot
com or give us a call eight hundred four seven
one four kids.

Speaker 1 (54:14):
This is the Watchdog on Wall Street.

Speaker 3 (54:20):
Dirty a.

Speaker 5 (54:23):
Right, welcome back everybody to see Watchdog on Wall Street Show.
I was Davos this week, and I've always made fun
of it. It's like I said, it's like a bunch
of James Bond villains getting together. Well, these James Bond
villains are well, they're they're like crying right now. There

(54:45):
was a Saturday Night Live skit years ago where they
actually had, uh they brought together a bunch of the
James Bond villains and they were having like commiserating over,
you know, the fact that they couldn't kill James Bond.
They're like, don't do anything elaborate, don't try to shoot
him with a just just get a gun shoot them.
But anyway, this is this is there's this is hilarious

(55:07):
because we've talked about this years ago because the uh,
the basically all of the high end European call girls
and high end American call girls, they go to Davos
when they're holding on because they're doing good business. Well,
as it turns out, I'm not making this up call girl.

(55:27):
It's like the the Davos, the Davos hooker Index, the
call girl volume is down sixty percent. That's right, Oh no, horrible, horrible,
because you know, Davos is just you're not bringing them
in anymore. And actually to watch the uh the German
Chancellor soul basically addressing a half empty, half empty uh hall.

(55:57):
It is pathetic. And people were comparing the end right
now to like nineteen ninety one's uh you know, the
last Soviet Union meeting for crying out loud that there's
just nothing, nothing going on. And to watch again, watch
Hoavey and Malay rip into everything that they're doing, and
you know, the Bond villain's just admitting, so we lost,

(56:20):
we thought we killed we thought we killed Trump. Then
he's back and we lost here again. It is sad.
And you know, we're going to talk a little bit
more about Europe later on in the program, but they're
a disaster there. For the most part. The European leaders,

(56:41):
outside of a few, are are really destroying that continent.
And we don't want that. I don't want that. Actually,
Musk has been out tweeting on others as well as
Mega making Europe great again, and we're in the process
of doing that. And the only way you're going to
make Europe great again is through tough love. And that's

(57:03):
you know, we've got to put tariffs on them because
the way they're doing business, you're going to come after
our companies. We're going to come after yours.

Speaker 2 (57:10):
You know.

Speaker 5 (57:11):
I talk about the UK, and I mentioned here on
the Pot. I won't go in to that country. The
country scares a crap out of me. Does talk about
authoritarian regime. That's an authoritarian regime. They arrest you for
social media posts that they don't like. I'm not going there.
Well as you know this uh tear starmer who for

(57:33):
you know, lack of a better phrase, he's basically a
little tin pot dictator tyrant in the UK. Oh yeah,
he put out a video congratulating Donald Trump on his win. Right.
This is the same guy, by the way, this is
the same guy that actually flew his staffers, his people

(57:55):
over to the United States to help Kamala Harris. How
that's legal, I don't know. I don't know sent his
people to campaign for Kamala Harris. That's right, the Prime
Minister of the UK. He puts out this video. For centuries,
the relationship between our two nations has been one of collaboration,

(58:16):
cooperation and enduring partnership. It is a uniquely close bond.
The special relationship with the United States and the United Kingdom,
the United States will continue to flourish for many years
to come. Now what I do, if ever, ever Keres
Starmer decides to call the White House, try to get
a hold Donald Trump. I put him on hold, put him,

(58:39):
put him on a hold, and you know what you
gotta You gotta find a way to make the hold
music like kid rock, just cranking as loud as they
possibly can cause Again, Europe right now is run by
a bunch of for for lack of a better phrase,
chief Wighams. They don't do anything over there. They don't
build anything over there, they don't create anything over there

(59:01):
for the most part. Here is a classic example. This
happened on Thursday. The UK opens investigation into Apple and
Google's mobile ecosystems. What well, so you're going after both
operating systems that run all of the phones in your country.

(59:25):
You're a joke. You understand how pathetic and sad you
are the UK. You wunderstand what the hell you do
over there in the UK outside of dua lipa. Okay, nothing,
nothing I got you. Why don't you build a better
one yourself? For crying out loud rather than coming after
our companies anyway. You know, it's it's sad across the

(59:51):
board again, keep up at it. Imagine if imagine if
Apple and Google just said, you know what, fine, we'll
shut We'll shut off all your phones. See how that'll
work out. Go back to the rotary dial and your
fish and chips. Watchdog on Wallstreet dot com, Watchdog on
Wall Street dot com, don't go anywhere. We'll be back.

Speaker 1 (01:00:16):
You're listening to the Watchdog on Wall Streets, the only

(01:00:37):
man who is taking on the Wall Street establishment. You're
listening to the Watchdog on Wall Street with Chris Markowski.

Speaker 5 (01:00:46):
Welcome back. I used to always crack jokes here on
the program for years, for years. Yeah, we say that
God has such a great sense of humor, and we're
always pointing out, you know, al Gore. Al Gore would
have some rally that he was about to hold somewhere

(01:01:07):
in New York or whatever it may be, and all
of a sudden it'd be super ultra cold temperatures and
they have to cancel it or move it indoors. It's
just it's funny. I mean, the week that Donald Trump
gets inaugurated and we got here in parts of Florida
over ten inches of snow, ten inches and slow. We're

(01:01:31):
the record prior was like three or four inches. New
Orleans got a foot of snow. For crying out loud,
global warming. Yeah right, but I'm taking a look. I'll
look at these lakes up in the Northeast. It's cold,

(01:01:52):
and you look at the ice, and I'm thinking about
when I was a kid and my father would take
us and I love to fish. I hate ice fishing.
I hated ice fishing. My mother didn't like it either,
so we had obviously Chris Markowski, I'm half Italian, half Polish,

(01:02:14):
and my mother would be like, you're taking those kids
on the ice, that's stupid pole lock sport. She'd be
going off on my father and my grandmother, my aunt
the Italian side, what are you doing? And my dad
would drag us out there, and I've the times I've
never been so cold, and you're going out there, you

(01:02:35):
gotta drill a whole off man. Sorry, sorry not for me,
but but anyway, Yeah, the whole global warming thing is
it's circling the drain, baby, circling the drain. Oh I
love it, I love it, I love it. And oh
yeah yeah, by the way, uh yeah, a company that

(01:02:57):
we told you that was gonna go bankrupt, up bankrupt.
Another one bites the dust. Another evy company bites the dust. Canoe.
Canoe files for bankruptcy. Why did Canoe file for bankruptcy? Well,
the government didn't give it free money. See, you know,
the only way that these little ev companies, okay, all

(01:03:19):
these little upstarts are staying afloat is if the government
gives them money or unless, of course, although you know,
you're lucid and you've got the Saudi's back, and that's
just you know, they got money coming out of faucets
over there. But Rivian, Rivian, you know, on his way
out the door, Biden decided to give them a six
billion dollar loan. Air quotes loan. It's not a loan,

(01:03:41):
it's not a loan because the company's going to go
under eventually, and it's never going to get paid back,
but you know it's glad to see as well. Donald
Trump put the kebash on offshore wind leases. Oh yeah,
oh did you do? Does you see the Danis offshore

(01:04:02):
wind developer or Steed to see what happened to their stock? Yeah?
Save the damn whales, knock down the stupid windows. I
want the Navy to use those things as bloody target practice.
And for all of you people out there saying, oh well,
that's mean you're rooting for these companies to go bankrup

(01:04:22):
people are gonna lose their jobs. I mean, I'm explain
something everyone. Companies go under all the time, Businesses fail
all the time. That's that's just life. That's just life.
I don't believe. I don't believe that any company, any company,

(01:04:44):
should be get some any sort of advantage and be
supported by taking my money or your money. Now, I'm
sure this canoe. They've got some right people working for it.
They've obviously able to put together some technology. They just
were making something that nobody wants to buy. And if
you make something that nobody wants to buy, you're gonna

(01:05:05):
go out of business. Have you ever walked in I
did don't know why this popped in my head. There
was a mall it was called it was called twenty No,
it wasn't twenty Mall. Mohawk Mohawk Mall and Colony, New York,
near where I lived, and I remember walking in that

(01:05:26):
mall for some reason, and they had a store in
there that sold nothing but trolls, you know, those little
plastic things with the hair that spikes up to the top.
Maybe some younger people might not be familiar with those trolls.
That's all it's sold. Then I was a kid, and
I'm like, how in the world is that store gonna

(01:05:46):
stay in business. It didn't because it sold stuff that
nobody wanted to buy. You See, there's this thing. It's
called creative destruction. Creative destruction companies are gonna go under
somebody something else is gonna come around. Okay, build a

(01:06:07):
better mousetrap, come up with a better product. It's not
up to we the people, with our tax dollars via
the government, to keep your business afloat. You either get
it right or you get eliminated. Tew. The world works, people,
it is what it is. It's how wealth is created.

(01:06:31):
Gotta take a break. Watchdog on Wallstreet dot com. Watchdog
on Wallstreet dot com and a quick note, Okay, I'm
not you know, listen, somebody took a shot. They wanted
to open a patrol store. God bless them. Hopefully they
learn from that mistake and then they move on do
something else. That's the great thing about America. You can fail,

(01:06:51):
and you can pick yourself up, and you can move
on and you can succeed. Watchdog on Wallstreet dot Com.
We'll be back.

Speaker 1 (01:07:12):
You should believe in math not magic. You're listening to
the Watchdog on Wall Street with Chris Markowski.

Speaker 5 (01:07:26):
Alrighty, how's that? Very Treasury secretary? So so, Janet Yellen
is on her way out the door, on her way
out the doors. My my bad, my bad, we don't
have any money left. I'm sorry, we don't have any

(01:07:47):
money left. You're gonna we're gonna have to do extreme
measures to make the books work, clearing it up. Treasury
Secretary on her way out the door. Spend it all,
Spit it all, Brewsters Million style for crying out loud
well in honor of Janet yelling. This is what This

(01:08:08):
is an all time great Janet Yellen quote. And again
this is one of the things that I try. I
try to get people to understand by listening to this program.
You see these people on TV and they are given
all sorts of accolades and how smart they are, and
they went to these schools and they're a part of

(01:08:29):
the FED, and they're part of this group. Most of them,
they don't know anything. They don't I will put our
calls over the past thirty year, twenty five years on
air against green Span, against BERNANKI, against Yellen, against any

(01:08:50):
of these soul called wizards, the smart economists at these
Ivy League schools. This is a Janet Yellen quote two
thousand and seven October two thousand and seven. Again, this
is about the economy at the time. The most likely
outcome is the economy will move forward toward a soft landing.

(01:09:10):
It looks very good. October of two thousand and seven. Hey, hey, hey,
being wrong, being wrong and being in power and being
part of the big club doesn't mean anything. You can
get it wrong again and again and again. Then again

(01:09:31):
you can become You can become a member of the FED,
you can become chairman of the FED, you can become
Treasury secretary. All you need to do is to keep
being wrong again and again and again. Anyway, one of
the things that Janet Yellen and Joe Biden put forward
is been spiked. And we told you this was coming,

(01:09:55):
and this is great news. You remember the global minimum
tax that Biden signed off on and be yelling, pushed,
and I had all these countries in Europe saying, yeah, yeah,
we'll have a global global minimum tax. Remember they talked
about it. Oh, this is this is a terrible this
is a race to the bottom when it comes to

(01:10:17):
corporate taxes. And I'm saying to myself, wait a second,
it's it's bad. It's somehow bad that taxes are coming down?
How is that bad? That's good? Right? And yeah yeah,
Trump put the the absolute kebash on that and warned
warned Europe. Uh yeah, you try any crazy taxes on

(01:10:41):
our companies, Jez, That's that's gonna come back at you,
because guess what, you need us a hell of a
lot more than we need you. Love it, love it,
Watchdog on Wall Street, dock and we're back. The United
States is back. Watch Dog on Wall Street, Watchdog on
Wallstreet dot com again, Personal CFO program, podcast, newsletter, all

(01:11:04):
sorts of great stuff Watchdog on Wallstreet dot Com We'll
be back. You'd be sick as a brick.

Speaker 1 (01:11:17):
Chris Markowski is the Watchdog on Wall Streets bringing America

(01:11:38):
financial freedom one listener at a time. You're listening to
the Watchdog on Wall Street with Chris Markowski.

Speaker 2 (01:11:45):
You on.

Speaker 5 (01:11:52):
Yeah, one of the UH, one of the great UH,
all time great investors. We've signed him here on the
program and one of the reason why I I have
such a great deal of respect for him, not just
based upon the performance over the years, but also the
fact that this guy that admits when he's wrong and
that means that means a lot to me. And we

(01:12:13):
talked about you know him during the dot com run
up and making a massive mistake, losing billions of dollars
at the time and actually owning it. Stanley Drunken Miller
reinterviewed this past week and he said said, I've been
been doing this for forty nine years, and we're probably
going from the most anti business administration to the opposite.

(01:12:39):
We do a lot of talking to CEOs and companies
on the ground, and I'd say CEOs are somewhat between
relieved and giddy. So again, this is why you're starting
to see money flow into the country talk quickly. I
did a podcast on it, a short one this week

(01:13:00):
on this announcement Trump made in regards to that, calling
it stargate and this it's rebably five hundred billion dollar
investment and AI technology and a myriad of different things.
Larry Ellison saying some things in regards to m RNA
vaccines that most certainly made me nervous, because again, I'm
not taking another RNA vaccine. There's no way. There's no

(01:13:24):
problem with private citizens, private businesses coming out and investing money.
I don't know exactly what they're going to do, okay,
but again it's their money. It's their money, and whatever
they may learn, whatever they may come again, it's going

(01:13:45):
to benefit us. The best part about this, okay, is
there's no tax dollars being spent. That's the problem that
I have. I've talked about this for years. Oh you
get all these Oh it need to have a public
private partnership. No, we don't. Now, the government, the government
is the referee, The government is the umpire. The government

(01:14:08):
needs to make business as easy as possible, make it
a user friendly country. That's what we want. That's what's
going to build wealth. The government need not invest in
these companies because listen, it's their money. It's their money.
I know all Skynet terminator's coming. I don't know not

(01:14:31):
so much. Again, you know, from what I've learned and
studying this stuff and trying to take in as much
as I'm possibly Again, is the quantum stuff down the
road that's going to truly be spectacular and what it's
able to do. But you've got a lot of money
flowing in here. You're the Saudi's investing close to six
hundred billion dollars. Now, why do you think that is?

(01:14:55):
Why do you think that is? Money will flow, Money
will flow to places where it is going to be
respected and treated properly. And you've got money taking a
look at the United States right now saying wow, I'm
set up in Europe. Oh, let's open up a plant
in Germany. Oh, a plant in Germany had to shut
down all their nuclear power plants.

Speaker 7 (01:15:17):
Uh.

Speaker 5 (01:15:18):
You know, energy is ridiculously expensive, or labor deals are awful.
Why would we Why would we do that? Where else
are you going to go? You'd be like, oh, China
is going to be the next alternative of these bricks countries?
Are you kidding me? China is a disaster. China put

(01:15:38):
out its growth numbers five. Come on, it's a fugazi
like all of their numbers. Their real estate is tanking.
Seventy percent of the wealth of that country is tied
up in that. They've got major issues, which again offers
up an opportunity for us to re establish relations with them.
Because again again I've been saying this for years. For years,

(01:16:01):
I'd be like, oh, China off, I'm gonna be a
big enemy. Why why wouldn't we want to do business
with them? Why wouldn't we want to see that country
do the right thing and build wealth over there so
they can buy our stuff and we can buy their stuff.
Isn't that a much better alternative could be me? Call
me crazy anyway. The new Treasury Secretary, Scott Best, he's

(01:16:25):
been making the rounds and he was funny listening to
the Senate confirmation hearings. Oh my god, again it's these
fools trying to back him into a corner. Even the
media too. He makes them look stupid. And the things
that he's talking about bringing in an economic golden age,
which i'd like to see, but one of the funny

(01:16:47):
ones was Bernie Sanders. Bernie Sanders asking what Bernie Tanners
and we need to have. We need to have a
higher minimum wage. We raised the minimum wage of fifteen dollars.
We need to have a living wage. Oh god, it
doesn't matter, Bernie, it doesn't matter. I'm sure many of

(01:17:09):
you out there at some point in time had a
minimum wage job that I grew up working for my
father in his janitorial business, but I also had other
jobs and we were young. This is like back in
middle school, before we could drive or anything like that.
Parents would drop us off. It was a restaurant in
our town of Guildeland called the Bavarian Chalet German restaurant,

(01:17:32):
wedding hall, you know, had all sorts of events there,
and we watched this is for minimum wage. I don't
even know what we were getting back then, buck fifty
an hour, maybe I don't, I can't remember. Okay, it
was a minimum wage job. It wasn't a living wage job.
It was a minimum wage job. And I've had plenty

(01:17:52):
of them, plenty of them, coming back from college, working
at the Altamont Fair, doing anything to make a buck.
At each job that I worked at I learned something
and it compounded. The minimum wage doesn't matter. Okay, if
the minimum wage was two dollars an hour, do you
think do you think that people working a checkout line

(01:18:15):
of McDonald's would be getting paid two dollars an hour. No,
they wouldn't because no one would actually do the work.
You have to pay what is competitive, and if you
raise the wage about what a business can afford to pay,
they're just gonna eliminate the job. That's how the free
market works. It's the whole concept of minimum wage is

(01:18:39):
patently absurd. It makes no sense. It's minimum wage. Malachy
gotta take a break. Watch Dog on wallstreet dot com.
Watchdog on wallstreet dot com. I can go for hours.
Say we got so much to go over and an
hour left. Watchdog on wallstreet dot com. Give us a
call eight hundred and four seven one fifty nine eighty four.

(01:19:01):
We'll be back.

Speaker 1 (01:19:06):
You're listening to the watchdog on Wall streets. Well, no
one altered.

Speaker 2 (01:19:23):
Investment banker, consumer advocate, analyst, trader Chris Markowski is the.

Speaker 1 (01:19:29):
Watchdog on the wall street.

Speaker 5 (01:19:31):
Do you want to answer?

Speaker 1 (01:19:33):
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 3 (01:19:43):
You can't handle the true truth.

Speaker 1 (01:19:45):
financial world.

Speaker 4 (01:19:50):

Speaker 1 (01:19:54):
This is the watchdog on Wall streets, all right.

Speaker 5 (01:20:03):
As was interviewed on the radio shows, I do as guest,
I'm doing it for decades now. And I was asked,
is asked about my thoughts regards to all of the
executive orders coming out of the coming out of the
White House, nown what Donald Trump is doing one after

(01:20:24):
the other. And again I'm a fan of them, and
I mentioned that, you know, they're not so much not
so much writing new laws or bringing new things. It's
erasing stuff. It's like, exactly what I want, is said,
Donald Trump is bringing an eraser and erasing all of
the nonsense that we've been We've had shoved down our

(01:20:44):
throats for some time now, and some of this nonsense
going all the way back to the nineteen sixties, which
is great. With that being said, that being said, there's
a conversation to be had about the power of the
presidency and where we're at today and there with out
of doubt, president has an enormous amount of power. And

(01:21:06):
I do believe that. I do believe the founders took
a look at what was going on right now, they'd
be not too happy about it. But the reality is
is that Congress is just they're not interested anymore. Kind
is interesting more. It's as if they're just trying. It's

(01:21:27):
like their influencers. Yeah, there's people that are looking to
make a buck off of YouTube or Instagram with videos.
It's almost that's what it looks like. That's all the
Congress doesn't. They're looking for clicks, looking to get a video.
One of the things I can't stand. It drives me nuts.
I'm sorry, I don't understand it. People go at the gym,

(01:21:50):
people putting up their tripod and their cameras and taking
videos of themselves making content. How many people making content
for their their work out pages or whatever the hell
they're doing for crying out loge Again, it drives me nuts,
But you know, drives me nuts. As Congress, I do believe.

(01:22:10):
I think it would be great. I think it'd be
great if we found a way. I don't maybe do
an executive order on this. This would be a great
executive order c SPAN. C SPAN would have the rights
to all of the video that takes place on the
House and the Senate Committee hearings, whatever it may be,

(01:22:30):
and c SPAN will not license it out. They can't
post it on their pages, they can't post it on
their sites, they can't do any viral videos or anything
like that. Make that all go away, then, actually, maybe
Congress will start getting things done. Just the thought anyway,
Biden on his way out the door, I finally found

(01:22:55):
a sub reference. Finally founds Joe Biden really reminded me
of if you actually think about it. I don't know
why it took me this long, but Joe Biden, it
was basically Cordo Soprano Uncle Junior from The Sopranos. It's
like it's almost the same type of trajectory in the

(01:23:17):
television show. Is Joe Biden's political career. Always look into,
you know, puff his chest out to be the next
big guy, always doing something dumb or whatever it may be.
Everybody's talking behind his back, kind of joking, like you know,
nudging one another. Remember remember Obama, nobody messes with Joe,

(01:23:37):
he's gonna be in charge of the American Recovery Reinvestment Act.
And then in the television show, he slowly but surely
starts getting dementia. And obviously, you know, that's nothing to
make fun of, and we've made that point here on
the program. We never made fun of that. That's it's awful.
It's sad that the true villains the true villains. And hopefully, hopefully,

(01:23:59):
God will we find out who is behind all of this.
I don't know. We'll see the people running the country
for years, running for the country, running the country for years,
and quite frankly, illegally. Here we think about this for
a second, if someone if someone's not in their right mind,

(01:24:23):
if someone is the right mind, for example, God, you know,
God forbid, God forbid you had a relative that was,
you know, not doing well, might have dementia. And again
I've dealt with it in my family. It's awful. They
can't be held responsible for something that they signed off on.
When you watch that video, and I hope everybody watched it,

(01:24:46):
when you watch Mike Johnson being interviewed and he's saying,
you know, he's going in and he's trying to get.
He's trying to get a meeting with Joe Biden. He's
trying so hard to get a mean and a his
the trup they're buying. People won't let him, won't let him,
won't let them. Weeks weeks, weeks weeks. Finally, finally he
you know, he goes off here. He uses the media.

(01:25:07):
He said, I'm third in line to the presidency and
I can't even get a meeting with the president. So
he gets a meeting with the president and everybody's there.
Bien's got his, He's got not only does he have,
Kamala Harris's, Pelosi's there, Schumer's there, and he's like, he
walked into the room and he says this, I felt
I was getting railroaded at that point in time. But

(01:25:28):
Biden actually told everybody to leave the room at one point,
and you know, he's talking to Mike Johnson. Mike's you know,
mister President, I want you to explain to me why
you signed off on why you gave an executive order
basically not allowing us to ship liquefied natural gas to Europe.

(01:25:51):
And Biden looked at him and didn't know what he
was talking about, and tells me, what are you talking about.
I didn't do that. Well, you gott watch the video.
Mike Johnson's like, with all due respect, mister president, you
did do that. I didn't do that. Mister President. You
want me to go, I'll print it up. You signed

(01:26:12):
off on this, and Bian's like, oh, oh no, no, no,
you misunderstood. I was just signing off on studying liquefied
natural gas. He had no idea what he signed. He
had no idea what he signed. If that's the case,
that's the case. Couldn't one thrown out there? Couldn't one

(01:26:36):
make the legal argument that, you know, anything that he
signed off on is null and void because he didn't
know what he was signing. Now we've all known for
a while that this, you know, he's had, he's got
his people, he's got handlers, and uh yeah, I got
a sinking suspicion. You know, Obama and the Obama people
have been running the show. Get these are things that

(01:26:58):
need to be discovered, that this is. We need some sunlight, Okay,
some disinfectant on everything that's been taking place in Washington, DC.
So again, the nation needs to heal and we can
move forward. Another thing I want to touch on as well.
You're getting a lot of bizarre, bizarre, I mean crazy

(01:27:19):
statements made by the I mean the whole thing with
Elon Musk and the Nazis. I mean, it's just beyond stupid.
And I know it. The temptation is there people to
go into these things and follow these threads and go
down a black hole, and you know it, just just

(01:27:40):
don't do it. You're wasting You're wasting your time. You're
wasting your time. And like I said, if we really
want to make America great again, like we all want
to do, we all have to participate. And you know,
staying on social media and following all of these threads,
going after AOC and those libs, what's the point behind

(01:28:03):
that they're going to do what they are going to do.
At this point in time, I think we should just
ignore them, just ignore them like you would do some
some kid throwing a tantrum, So right, just ignore them.
They're gonta stop. They gotta gotta let you disturb me.
You're you're you know, you're dumb kid, You're a dumb
lip saying absolutely nonsensical things. You know, we need to

(01:28:25):
we need to work as the countries again. Talking about
what we've been pushing for, building, creating and protecting and teaching.
That's what we need to do.

Speaker 2 (01:28:36):
This.

Speaker 5 (01:28:37):
I have to taltch on when it comes to a
couple media stories, first and foremost, the the the blood bath.
The blood bath in the mainstream media continues to roll on.
CNN is laying off more people, NBC is laying off
more people. And again, I I understand that the you know,
it's like ah, Victory Spike, the football type of thing. Listen,

(01:29:01):
I CNN's laying off hundreds of people. But again they'd
never learned. They're keeping the same on air hosts, the
same blowhards that read off the teleprompter. Again, they don't
get it. But you know, tell me, tell me you
wouldn't like it. I would. I would like it if
CNN went back to their old way of doing business,
which was successful half an hour news and that's all

(01:29:25):
it was was news what was happening around the globe.
You know, half an hour CNN over again and again
and again again. They have the recipe for what works,
they just won't go back to it. This story again,
I believe or not? Yes, I read the New York Times,
read the New York Times got to do it every day.

(01:29:46):
I put myself through that. New York Times had a
piece this past week how labeling cartels terrorists could hurt
the US economy, and I said, why I have to

(01:30:06):
read this story? Is this the New York Times having
empathy for Mexican drug cartels. Now again, if you're not familiar,
if you don't know much about this, these are some
of the most I mean evil people on the planet.
The type of atrocities that they inflict on people in Mexico,

(01:30:30):
people that aren't even involved, not even a part of
their game or there right, anything like that. They will
kill anyone in an awful way, and their entire families
in their way. There's a whole another level of evil.
These are like characters and like hell Raiser for crying
out loud. So here here's the New York Times, New

(01:30:52):
York Times. President Trump's executive order designated Mexican cartels and
other criminal organizations as foreign terrorists could for some American
companies to forego doing business in Mexico rather than risk
US sanctions and outcome that could have a major effect
on both countries given their deep economic interdependence. Now, first

(01:31:12):
and foremost, Okay, I every year, every year, I gotta
do continuing education. And it's always about money laundering and
not doing business with bad guys. Okay, so what's the
problem here? Anyway, they go on even more complicated. These
criminal networks have extended their operations far beyond drug trafficking

(01:31:33):
and human smuggling. They are now embedded in a wide
swath of the legal economy, from avocado farming to the
country's billion dollar tourism industry, making it hard to be
absolutely sure that American companies are isolated from cartel activities.
And and so I don't care. Listen, people, is it

(01:31:59):
too much to pick a different vacation spot than to
Loom or Cancun in order to cut off these Mexican
drug cartels human traffickers? But what's the matter. You can't
give up your avocados. You can't make that type of sacrifice,
your avocados and your guacy. Listen. I like avocados, I

(01:32:22):
like guac But again, if trade gets disruptive to Mexico
because of these drug cartels and we can't get avocados,
who cares. What kind of sick pup out there is
going to choose avocados and guac and vacation in Cancun over.
I don't know, maybe helping to keep Americans alive. One
hundred thousand Americans dying of drug overdoses, plus every single year,

(01:32:47):
human traffickers, children being trafficked all over the country. Have
we lost our minds? I don't get it. I really don't.
You know what I thought about it too. And again,
this is one of the best television series of all time,
The Wire, and then the show The Wire again. The

(01:33:07):
powers that be in the police department, powers that be
they didn't want they knew, they knew they needed a wire,
they needed the phone taps, all that stuff, but they
didn't want to use it because they knew, they knew
that people in power, They knew that people in power
were getting rich off this drug money and using it too.
Follow the money. And that's always been the case here

(01:33:30):
in the United States. Okay, New York Times is scared.
People are busy. Who's involved with the cartel drug money?
And how sick of an individual do you have to be?
I mean, this is a whole nother level of evil
working with these horrible, horrible, horrible human beings. Think about that,

(01:33:52):
for a second. Those are the things you don't remind
me as well. I remember this was two thousand and five,
two thousand, I can't remember the exact gear. There was
a commercial drug commercial, anti drug commercial on TV basically saying, hey,
you do drugs, you do drugs, you are enriching, you
are supporting the terrorists. I thought that was effective at

(01:34:13):
that point in time. Was a few years after nine
to eleven. Uh And you know, I said, it's a
great ad. They pulled it. They pulled it. I wonder
why Watchdog on Wallstreet dot com Watchdog on Wallstreet dot
com again is our site become a part of the
Watchdog on Wall Street family. Take advantage of everything we

(01:34:33):
have personal CFO program, podcast, newsletter, all sorts of great stuff.
Watchdog on Wallstreet dot com or give us a call
eight hundred four seven one fifty ninety.

Speaker 6 (01:34:44):
Four, number forty seven. Optimism returns to America. Keep in
mind our economy, our success is largely driven by measure
of optimism. And for most people, it's once again morning

(01:35:04):
in America. As left leaning POLITICOS Global editor in chief
John F. Harris described Trump, He's a force of history,
the greatest American figure of his era, adding he dominated
the GOP nearly a decade ago and now dominates every
discussion of American politics broadly.

Speaker 5 (01:35:22):
Here's what I know.

Speaker 6 (01:35:24):
At the bottom of nearly every problem, be it personal,
business or politics, is a failure to communicate. One of
Trump's greatest strengths is communication. Indeed, He's literally answered more
questions in his first week than Biden did in four years.
For those demanding transparency, while wondering how Trump captivated the

(01:35:44):
political arena, your news source is keeping you in the dark.
Find us at Renegade River dot.

Speaker 8 (01:35:49):
Calm, Imprisonment, forced labor, permanent separation from my family, perhaps death.
I knew what could happen to people who were caught
trying to defect, But the watchtowers stood yards away. The
possibility of a new life in a different world, one

(01:36:13):
without tyranny, was within sight the West. I thought of
the rewards. No longer crushed under the boot of communism.
I would work and make money. No longer restrained by
the change of collectivism. I would say what I wanted
without fear of spies and informants nearby.

Speaker 9 (01:36:36):
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Speaker 1 (01:38:02):
Taking Wall Streets liars, crooks and chets out behind the woodshed.
You're listening to the watchdog on Wall Streets.

Speaker 5 (01:38:13):
Yes, welcome back everybody again. Talked about admitting when one
is wrong and narcissistm and narcissism and and the problems
we have in societies, people on the left and the
mental disorders. I got a can talk about when I
was wrong here. And I've mentioned this before. I want

(01:38:36):
to talk about it again because I saw this story
this past week and this is my fault. What happened here,
This is my fault and many others, and I'm disgusted
by it. This is out of Iraq. It's out of Iraq. Iraqi.

(01:38:59):
Iraq lawmakers just passed a bill, just passed a bill
that allows girls as young as nine years old to
be married. This they actually want to go back. Iraq
had a law on the books going back to nineteen
fifty nine which made this illegal. The current law is

(01:39:24):
at the age at eighteen. They just lowered it to nine.
We did that. We here, yeah, we here in the
United States. We made that happen. We did. I'm sorry,
I get I feel no, you're crazy, Chris. Why do

(01:39:47):
you feel guilty of it? I feel guilty. I feel
guilty because I voted for Bush. I feel because I
voted for Bush, I supported him. I believed and what
he was saying. I believed. Oh yeah, they had weapons
of mass destruction. Now I had to see John Bolton

(01:40:11):
freaking out because he's losing his his Secret Service protection.
Pay for your own protection, get a real job. Get
a real job rather than trying to start wars all
over the planet, John, and get your own bloody security.
That was again Trump's and our Girl address and talking

(01:40:33):
about bringing peace and prosperity not just to the country
but the world. That is something that we have to
we have to do. Okay, I'm sorry people, but whether
you want to believe or not, we got we got
a lot to atone for. We have a lot to

(01:40:54):
atone for. But we have spent trillions and trillions of
dollars ira Afghanistan again, Afghanistan, trillions of dollars to take
out the Taliban, to replace them with the Taliban. And
actually the new Taliban's got our weapons and guns, is
more powerful than the Taliban we had before. I get ticked.

(01:41:15):
I'm watching I'm watching inauguration, watching these presidents stand there.
George W. Bush looked like he ate a pot gummy
for crying out loud. I mean, like, is he okay?
Donald Trump? Again, he was criticized by this by the left. Oh,
he's close with Putin? All right, buddy, Russia, Russia, Russia's

(01:41:35):
why wouldn't you try to establish relationships with adversaries so
more people won't die and we won't have to send
our young men and women off to die again. This
is the tweet that Trump put out. He says, I'm
not looking to hurt Russia. I love the Russian people

(01:41:58):
and always had a very good relatelationship with President Putin.
And this despite the radical lefts russa Russia Russia hoax.
We must never forget that Russia helped us win the
Second World War, losing almost sixty million lives in the process. Again,
I've mentioned that here on the program. That's something that
we quite frankly here in the United States we can't

(01:42:19):
get our arms around. But anyway, all that being said,
I'm gonna do Russia, whose economy is failing, a big
favor settle now stop the ridiculous war. I notice is
against the whole military industrial complex thing, but most certainly
a step in the right direction for this country that
needs to repent of many of our foreign policy sins.

(01:42:43):
Watchdog on Wallstreet dot com, watchdog on Wallstreet dot com.
We'll be back strong.

Speaker 1 (01:42:54):
Chris Markowski is the watchdog on Wall streets. This is

(01:43:16):
the watchdog on Wall Street.

Speaker 5 (01:43:24):
All right, another, I was right, they were wrong moment.
Oh man, I'm on Fox News, Fox Business, and I'm
arguing with the wizards, the smart on the program, the
other panelists there that kept touting this this ridiculous impeach mariorcists.

(01:43:47):
Impeach mariorcist. Oh and you had a lot of Republicans
on this ridiculous bandwagon too, because hey, hey Republicans, Democrats,
they like they like creating contact content for their for
the YouTube page. Both sides, and it's both sad. And
I'm sitting there, I'm on Fox News. I'm like, what's
the point. But what is the point behind impeaching my Orcus?

(01:44:13):
Myriorcus is an order taker, that's all. It's an order taker.
It's like firing the person taking your order at McDonald's
because you don't like the hamburger or the Fries. It
doesn't make any sense. And my Orcus is on his

(01:44:38):
way out the door and he's getting interviewed by Andrew
Rossorkin on CNBC and he's asked about the the damage
that at the border and he basically, he basically came
out and said, well, people have different views on what
the correct policy should be, what the correct operational measures

(01:45:00):
should be. These disagreements, those different voices are voiced and
decisions are made and then everybody marches in unity together.
That is a nature of a large organization and the
government is no different. Basically, he's just saying I wasn't
up to me. I didn't have any power. I just
had to do what Biden said. And quite frankly, frankly,
this is again. You know, you can say a lot

(01:45:21):
of things about my Orcis. I think the biggest thing
is you had no spine. You had no spine, and
many people in government don't have a spine. They go
along with it. Listen, you are told to do something
in your job that you disagree with, that is against
your belief system, your moral fiber, you quit, You quit,

(01:45:45):
and man, you know what, you're gonna take your hits
for it. You are gonna take your hits for it.
I did, I did, and wolf boy, it was hard,
but you do the right thing. Do you remember remember
Paul O'Neill was Treasury Secretary George W. Bush and he
and Cheney did not get along. And Paul andeo is

(01:46:07):
seeing all of this ridiculous spending and all the things
that they wanted to do, and all this stuff with Afghanistan, Iraqan,
he wouldn't sign off on it. He quit. He quit
because he knew it was all nonsense. Anyway, back to Europe.

(01:46:28):
Back to Europe again, I'm not making this story up.
This is how sad, this is how pathetic Europe has
become again, and I don't want them to be this way. Okay, again,
there's certain countries that are actually getting it right. In
particular a lot of these Eastern European countries. Poland is
doing extraordinarily well. Greece is kicking buttocks right now. Italy

(01:46:51):
is getting better. But you know, the powerhouse is there,
the Germany's in France. I'm not making this up. European carmakers,
led by Volkswagen are going to have to pay hundreds
of millions of euros to Chinese electric vehicle rivals to

(01:47:12):
buy carbon credits as a part of their two thousand
and five pollution rules set by Brussels. Brussels is not Europe.
What is wrong with your Europeans? You bowed down to
these feckless loser kings at the European Union. What is

(01:47:33):
wrong with you? And in Europe? They better, they better
get with the program, okay, because they're gonna get crushed
by us simply because they're not able to compete. And
quite honestly, we want them to be able to compete.

(01:47:53):
Competition breeds excellence, iron sharpens iron. We want the wealth
of Europe to come up. We want them to be
able to stand on their own. Man, I see these
headlines out of it. Just everything that they're doing, Everything

(01:48:14):
that they're doing is wrong. Nobody's buying the electric cars
that they're forcing them to buy. It's it's one thing
after another. Germany had seventeen nuclear power plants. It shut
them all down, shut them all down. So now they
are totally dependent on Russian gas, French nuclear power and
electricity and coal, and they pay the highest electricity prices

(01:48:39):
in Europe. And they're supposedly a manufacturing country. You want
to set up a plant there in Germany. Now, no,
I didn't think so, God willing again I now Leftism
it's again. It's a cult. It's a cult, it's a religion.
It's a mental disorder. God will these people over in Europe.

(01:49:00):
And they they slowly but surely starting to get it. Okay,
but they, uh, they better get to step in. Just
leave it at that, Gotta take a break. Watchdog on
Wallstreet dot com. Watchdog on Wallstreet dot com again, personal
CFO program, podcast, newsletter, all sorts of great stuff. Watchdog
on Wallstreet dot com.

Speaker 2 (01:49:19):
We go.

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You're listening to the watch Dog on Wall Streams.

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Speaker 1 (01:52:48):
The only man who is taking on the Wall Street establishment.
You're listening to the Watchdog and Wall Street with Chris Markowski.

Speaker 5 (01:52:58):
Quarter back. Look, aback, hey, you know there's something I
really want the Supreme Court to take up. Quite frankly,
it wasn't many things I wanted the Supreme Court to
take up, but preemptive pardons. How is that legal? How
is it legal? I mean if the president capable that

(01:53:19):
the president can basically if they were we got some
whack job in there as far as the president is concerned,
they could come in and pardon every person in the
United States, retroactively and moving forward, basically allowing anybody to
do whatever they wanted to do. Is that what you're saying.

(01:53:40):
I don't get it. I really don't. But you know
that the Fauci thing is is really troubling. You know
that's troubling. You know when his pardon begins January first,
twenty fourteen, that's the same time as Hunters as well.
Why do you think that is? Well, you know what,

(01:54:00):
you could do your own homework. What took place in
the early stages of twenty fourteen. Yeah, that's when we
had the coup in Ukraine. So we had the coup
in Ukraine and then all of a sudden, the Biden
families doing all sorts of business in Ukraine, and all
of a sudden, we're setting up gain of function laboratories

(01:54:23):
in the Ukraine, Fauci being involved. Don't believe me. Look
it up. This is from Rand Paul said. If there
was ever any doubt as to who bears responsibility for
the COVID pandemic, Biden's pardon of Fauci forever seals a deal.
As chairman of the Senate Homeland Security and Governmental Affairs Committee,

(01:54:46):
I will not rest until the entire truth of the
cover up is exposed. Fauci's pardon will only serve as
an accelerant to pierce the veil of deception. He would
go down in history as first government scientists to be
preemptively pardoned for a crime. And again, it wasn't it
wasn't just him, it was all the people involved in January.

(01:55:09):
So it's a lot of really disgusting stuff. And again,
we you know, we've, we've we've all you know, we
can't live in the past. But these are things that
we have to find a way so that they don't
happen again. We have to learn from them again. I
don't want to have a myriad of different investigations. I
don't we have too many important things that we need

(01:55:31):
to do. You know, I wouldn't mind having independent journalists
basically shining a light on all this stuff so we
can become aware. But again, find ways, you know, holding
these people to account. I guess you can try, but
you know, that seems to me that this really ends
up going nowhere when all said and done. Anyway, anyway,

(01:55:54):
there's another thing I mentioned, So Biden signs this this
executive order, executive order allowing for these AI data centers
to be built on federal land. Okay, but there's a caveat.
The caveat is that they have to be powered with renewables.

(01:56:19):
Are you kidd me? You're gonna have you know, any
windmills and solar panels it's gonna take to power one
of these things. And by the way, here's a story
that's getting buried everywhere in the mainstream media. That fire
that's taking place in California in Monterey. Oh yeah, that's
a battery factory that's on fire, that's spilling poison into

(01:56:42):
an area that grows a lot of the food that
we eat. Watchdog on Wallstreet dot com, Watchdog on Wallstreet
dot com. We'll be back she said, Look, you.

Speaker 1 (01:57:03):
Listening to The watch Dog on Wallstorg. You should believe

(01:57:23):
in math, not magic. You're listening to The Watchdog in
Wall Street with Chris Markowski.

Speaker 5 (01:57:31):
I was invited on a new podcast this past week.
And you know, that's a credit me for you know,
my radio program and that you're listening to twenty five
years been on the air, longest running financial program in
the country, and we're we're still banging away at it
here every single week. The nature where the nature of

(01:57:55):
media has changed, and you know, I you know, get
sometimes get comments and so I was a real interesting
topic you were talking about on the show. I wish
I knew more about it. Well, this is the thing, people,
this is why I do the podcast every single day.
Many of the topics that we cover here on the program,
I cover on the podcast in much greater depth. I

(01:58:19):
have time constraints here. I mean, it's a nature of
the beast weekend radio. Some stations carry the full three hours,
some stations carry ones, some stations scary two. But I
only have three hours a week and it's just not enough.
For example, that story we're talking about in regards to
the fire in Monterey, we did a podcast on that
and dove deep into what's taken place and how ridiculous

(01:58:44):
the energy policy is in California, how off the rails
they are in order for them to actually meet their
energy demands. Of what Gavin Newsom wants, I'm not kidding you.
They need another seventy eight of those exact same plants
that just caught on fire, viewing massive amounts of toxins
into the environment. Is that what you want? And again

(01:59:06):
this is why again I recommend subscribing. I appreciate it.
Subscribe to our podcasts or wherever you listen to, whether Yeah, Spreaker, Spotify, Apple,
get to our website, whatever it may be. And again
we're always welcome your comments as well. Got to have
a little fun with this story. Again, we've got to
have a little fun here towards the end of the program,

(01:59:27):
but we always have fun. But Time magazine actually had
a piece eleven things to do on Inauguration Day that
are great for your mental health. Again, pathetic and sad Americans,
that's right. Oh no, President Trump's getting inaugurated and what

(01:59:48):
are you gonna do? You're gonna be sad. And they
gave a list of things to hear that they need
to do inauguration day. Give back. It will reduce stress
and depression and boost happiness. Yeah, even if you're not
a typical Jim goer, consider taking a job or hopping
on a bike. As a new president sworn in, It's

(02:00:09):
a powerful and reliable way to unlock a more uplifted,
positive emotional state. And actually, this is an actual sentence
in Time magazine. You might not be able to do
anything about the new administration's policies, but you know what
you can do fifteen perfect form jumping jacks again, Time Magazine,

(02:00:31):
twenty twenty five. Get creative, singing, painting, ceramics or cooking.
Great way to get out of your head. Oh this
is gonna be terrible. I'm so angry, I feel so violated.
Whatever and pleasant emotion. You can sit in and do
something and marvel, be curious, extend your mind, be enthusiastic.
And they actually talk about making collages, cutting things out

(02:00:55):
of magazines and making collages. Wasn't that like art class
assignments back in elementary school? Do forest bathing? Yeah, go
for walks in the woods, spend five minutes journaling, go
see a performance, Smile at other people dance it out. Well,

(02:01:17):
here's one one. Yeah, let the politicians enjoy their inauguration balls.
You'll be busy at your own dance party. Make a
playlist of songs that boost your mood like Shake It
Off by Taylor Swifter, Happy by Ferrell, Oh my God,
cry with a friend again. I can go on, but

(02:01:38):
you get it. These people that actually engage in this stuff,
Come on, what's wrong with you? You know you should
do Yeah, you know you go to church. Okay, go
to church and pray on it and get your mind right.

(02:02:00):
This nonsense, I mean honestly, and again do you think
Time magazine ran anything like that? That all when Biden won?
Now now, anyway, I do a little New York state
of mind. Okay, I again, this is again. I left
New York and I love picking on you, and in

(02:02:21):
particular I love picking on my hometown of Aubany I do. Well,
are you picking on your hometown because they're ridiculous? Well,
Kathy Hockel, Kathy Hockle, the absolutely ridiculous governor of the
state of New York. But again, again, you get what
you vote for. Just pass an absolutely insane two hundred
and fifty two billion dollar, two hundred and fifty two

(02:02:42):
billion dollar state budget. And let me put it to
you this way, the state of Aubany is again. They
are billions and billions of dollars in debt, one hundred
and eighty billion dollars in debt. You know what her
budget does sets up a rainy day fund, twenty one
billion dollar rainy day fund. And I'm saying to myself,

(02:03:04):
wait a second, before you, I don't know, say, before
you get your rainy day fund, might you not want
to pay down your state's debt? No, no, no, no
again again, it's what you vote for. But let me
tell you what else you're voting for. This is classic.
I'm from Alvin in New York, and we, you know,
we always go down to the Capitol and we're proud

(02:03:24):
of our capitol building and it's a beautiful building on
the interior. But these steps to the Capitol have been
broken for some time, the outside steps. And guess what,
guess what these seventy seven steps, seventy seven steps built
in eighteen ninety seven, they're crumbling. They gotta be fixed,
gotta be fixed.

Speaker 7 (02:03:44):
You know.

Speaker 5 (02:03:44):
The prices eighty million dollars, eighty million dollars eighty million
dollars for seventy seven steps. You could find that. You
could find an Italian sculptor to do it out of marble,

(02:04:05):
or somebody at a great and they would do it
for a hell of a lot less. And the funny
thing is, this is what happens, is it's money that
goes to people who are connected. Oh it gets worse.
You won't how much they're spelling spend spending per child
in New York state schools thirty six thousand dollars. They're
gonna spend thirteen point five million in schools to tell

(02:04:25):
kids not to use their phone. I could go on,
but you get it in New York state of mind.
My buttocks, Billy. Anyway, gotta go, have a great week.
God bless Watchdog on Wallstreet dot com. Watchdog on Wallstreet
dot com. We'll see you next week. WHOA your time

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Watchdog on Wall Street: Podcast for Weekend of January 24 - January 25 2025

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.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}Watchdog on Wall Street: Podcast for Weekend of January 24 - January 25 2025