Episode Transcript
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Speaker 1 (00:07):
Well, no one altered. Investment banker, consumer advocate, analyst, trader.
Chris Markowski is the watchdog on the Wall Street. Do
you want to answer exposing the lines and myths that
the big brokerage firms, the mainstream press, and the government
are pushing to keep Americans away from financial freedom.
Speaker 2 (00:28):
You can't handle the truth.
Speaker 1 (00:30):
Bringing America the truth about what really happens in the
financial world.
Speaker 3 (00:35):
Ladies and gentlemen. We're not here to indulge in fantasy,
but in political and economic reality.
Speaker 1 (00:39):
This is the watchdog Wall.
Speaker 4 (00:41):
Streets for the first time, for the first time that
I can remember. This is a confession I have to
make to all of our listeners here at the beginning
of this program today. I'm nervous. I'm scared. I have
had a pit in my stomach since I got up
(01:06):
this morning. I've completely over prepared for this show. I
could do, you know, fifteen hours standing on my head
at this point in time. I haven't felt this way.
You know what this happens with me and Rada since
I first started this program twenty five years ago, and
you know I've done other shows as well, drive time
(01:30):
programs in certain markets over the years and sometimes you
get a little jitters, you know, before that first show.
But I come in every single week here in the
program and I let it rip. I let it rip.
I know my stuff. I'm rare and a going and
there's no nerves involved till today. I this is how
(01:50):
I felt when I used to play sports, whether it
be a football game or a lacrosse game or literally
what I'd always have that nervous, nervous stomach, and I
have it today because I don't want to screwed up.
I don't want to miss anything. I don't want to
get it wrong. You know. I pray, you know, I'm
(02:11):
pray that I can do a worthy job today basically
trying to get our arms around and explain to everybody
what's going on. It's been a real interesting week. I
am stressed, stressed, but there's also a bit of catharsis
(02:31):
that has come with everything that's taking place as well.
We here on the program, my long time listeners know,
we go after lies.
Speaker 2 (02:43):
We we.
Speaker 4 (02:45):
Seek out, We seek out the narratives that are being
sold to the American people, whether it be on Wall
Street and the garbage that they're selling you there in
the business news, or whether it be from Washington, DC.
This is what we do. We take the liars, the crooks,
(03:08):
the cheats out behind the woodshed. And to be honest
with you, we're few and far between that have actually
done it everything everything that we have been telling you
and trying to explain to you, how the system works,
how crooked it is, how they operate. We now have receipts.
(03:37):
We now have receipts. It was funny, it was explained.
It's a great analogy that was brought to my attention
this past week. It was actually a guys it's got
his handle's name, Cynical Publius, and he equated this to
Star Wars and how the Rebel alliance found this, this
(04:00):
single weakness in the Death Star or the Deep State
I like to call it, was an exhaust event that
led straight to the reactor and they had a shoot
up a missile down there and the whole thing would
blow up. It's it's blowing up right now. But again
I'm scared because we all know the next movie. The
(04:22):
Empire strikes back. We love to cite all the time
here on the program. In my opinion, one of the
greatest comedic rants of all time. For the ages. If
this was, if this was delivered by a politician or
a president, be one of the great speeches of all time,
the George Carlin rant about the big club and you
(04:49):
not being in it, we not being in it. How
many times over the years have we alluded to that?
And it's playing out in front of us, Yes, right now,
it's playing out in front of us at this very time.
I am I try. I try here on the show
(05:13):
to get all of these things, of course, to explain
to you how these people in Washington work. Again, you're
watching right now. It's okay. The Democrats are freaking out
in public, freaking out in I mean, I've never seen
them so hysterical, and they have nothing. And the funny
(05:35):
thing is this is part of the problem Republicans remaining silent.
But believe me, many many Republicans are scared about all
this stuff too, because don't tell me, don't tell me
that they're not involved with this. People we are watching
right now, then I just show you that the scam
(05:56):
is still on. And this is why I still got
this whole Empire strikes back thing going. We just watched
and witnessed this past week, probably the biggest media scandal
in history, and I've called a lot of them. I've
covered a lot of them here on the program. Remember
(06:17):
Dan Rather trying to change an election here in this country,
Dan Rather, Remember his fake but true documents. He lied,
They manufactured that entire story, and sure he got fired,
but a month or two later they were giving him awards.
(06:39):
Steven Glass. They're just so many examples. People are are
tax dollars, Our tax dollars were being used to fund Politico,
the New York Times, the B. B. C. Thompson, Reuter's
(07:02):
Associated Press. These are supposed it's supposed to be that
the people that are looking out for us, the media.
And again we've gone after them for years. But there's
receipts now and believe me. Okay, this is part of
the lie to Okay, this story breaks. Did any of
(07:24):
the media outlets cover it? Did Fox News cover it?
Was it on their website? Did again? What does Fox
News own? Fox owns the Wall Street Journal? Did the
Wall Street Journal cover it?
Speaker 1 (07:36):
No?
Speaker 4 (07:38):
This is this is part of the rules that you
need to understand. They do this all the time. Well,
the Wall Street Journal says this, and there are a
conservative publication. No, they're not. No, they're not people. What
the media does and how it operates and keep my
longtime listeners. No, we call this decades ago the watchdog
(08:03):
on Wall Street access of evil big business politicians and
the media working hand in hand to further their needs,
their agenda. They want they want a war, they want
a war. Well, guess what, guess what, you're gonna get
a war. Okay, you're gonna get a war, and they're
(08:24):
gonna sell it to you, and you're gonna love it.
You are gonna love it. You need to understand, Okay,
Wall Street Journal, New York Times, Associated Press, that their job,
their funk. Their primary function is not journalism. It's not journalism.
They're essentially they're kind of like a decentralized Madison Avenue
(08:51):
Madman type of situation. It's all about coordinating a narrative. Now,
follow along with me. There's a great, great thread put
out by John Conrad explaining this something again we've talked
about here for years. Let me give you an example.
Biden is sharp as attack or jd Vance is weird.
Speaker 1 (09:16):
Hmmm.
Speaker 4 (09:17):
So this is how they operate. Okay, they they they
have a decentralized basically system command and control system for
the Big Club, George Carlin's Big Club. It's not just
a Democratic Party. It's the deep state, it's the death Star.
It's the people. Your owners, as George Collins, the people
(09:39):
who own you. They have local bureau chiefs. Now, these
guys are stationed all across the country and they're watching.
They're watching, They're watching what's going on, hmm, what's getting popular,
what's gaining traction. They're they're taking phone calls from their
various different in siders in government, the dem operatives out there,
(10:02):
even Republican operatives that are feeding them a narrative. And
then they say, oh, we can get stories, we can
get control over. Then it's sent off to the big
New York editors. The editor basically takes it and goes
into story triage. Is this story gonna be huge? How
long can we keep this story? Well it's simmer for days,
(10:24):
or oh boy, we better bury this one. Then oh,
we have editorial meeting. Okay. Then they decide, okay, how
we're gonna frame this, and then they hand it off
to the journalists that are gonna go ahead and write it. Ever,
notice they got four or five different journalists per story. Now,
but of course they got to get in contact with
(10:44):
the with the bosses, the deep state, the ones that
are cutting the checks. You gotta you gotta let the
deep state, you gotta let government get a head start
on controlling a story. Then you know what they get sources,
They have them, they have month speed dial, they have
their go to people. If there's a story that they
(11:05):
need an expert, an expert saying China is bad, well
they've got that. They got an expert. Whatever needs expert
on saying China is good. Depends on which way the
story is going. If there's a military scandal, they've got
some sort of ex general or admiral on speed dial
that will tone it down. All the journalist does. And
(11:26):
for all you kids out there now, I want to
be a journalist. I want to go to Syracu, Sir,
or Columbia or Northwestern. You know, your job is you
go out and you get quotes from the right experts.
You stick, you stick to the editor's angle. That's what
you do. That that's your job. For crying out loud
when it comes to main stories, Oh sure, human interest stories.
(11:50):
You'll get your anecdotal sources here and there. Then all
of a sudden, All of a sudden, every single this
is happening. All of a sudden, they're all saying the
same thing. Do you remember I covered this. I saw
this back in the nineteen nineties. I covered this in
(12:10):
the early years of this program. Journalist was a message board,
was like a group. This is something that took place
on the internet in the nineteen nineties where they would
all get together in converse and now they were going
to handle a story. You remember that Rush Limbaugh did
a bit on his program making fun of the media.
All of a sudden, they started speaking Latin. Yeah, Dick
(12:34):
Cheney brings gravitas to the Bush, the Bush Ticket. They
all started using the word gravitas at the same time
for crying out loud. But again, they're all doing it
kind of separate and different, but the same. And then
they handed off to all of the stations around the country,
to the people that are putting the words on the
(12:55):
teleprompter for the ron Burgundes of the world to read,
and then of course to the writers at the late
night programs so they can make jokes about what's going on.
This is how it's done. This is what we've been
explaining to you. For a long period of time, we've
(13:18):
been trying to give you the red pill here on
the program, so you can see how it works, how
you're manipulated in so many ways. And again they love
the fact that you think it's Republican versus Democrat. It's not.
It's you versus the deep state, the big club. Why
(13:43):
Elon Musk is a Republican Now he's not. He's a
businessman that doesn't like what he's seeing right now. The
same thing as far as Donald Trump is com he's
not a Republican. I'm not a Republican, but I certainly
know the difference between right and wrong. And again I
(14:08):
I met this past week and know the sub reference
beginning of the first Godfather movie. There when Bonos Eara
is pleading with Godfather, he wants justice for his daughter.
He talks about the the men who beat his daughter
and how the judge suspended the sentence. And he's sitting
(14:29):
there in the courtroom and they they smiled at me.
This is what they do. They smile a vote for me.
Are you seeing all of this ways? Are you seeing
where this money is going? You seeing how these people
enrich themselves. We should be sick to our stomach. We
(14:50):
have an underclass here in this country. We've got areas
that have been damaged by storms and wildfires not being
taken care of. We got areas, we got no go zones,
we got shanty towns in America, and we're sending millions
and millions of dollars everywhere. And that's not even going there.
It's going into the pockets of these people who live
within a ten mile radius of Washington, DC that are
(15:12):
getting rich. These people don't build anything, they don't create anything.
They are national freaking parasites, and we should be disgusted.
I'm gonna I'm gonna try today. People. We have so much,
We're gonna go over to get our arms around this.
And again, I don't I'm sorry, I don't mean to yell.
(15:34):
I don't mean yell. Like I said, I'm nervous today.
I hope and I pray every single day that people
wake up, finally wake up to what's going on. I'm
gonna talk a little about my may fears based upon
human nature when we get back from the break, that
(15:55):
that might not be the case. I want to invite
each and every one of you to become a part
of what we are at Markowski Investments and The Watchdog
on Wall Street Show. The truth is what we're about,
exposing the liars, the crooks, the cheats, whether it be
on Wall Street, whether it be in Washington, DC, all
(16:15):
of the narratives, all of the lies that if you've
been told over the years, at some point in time,
you're gonna have to stay. You gotta say enough is enough.
Watchdog on Wallstreet dot com. Watchdog on Wallstreet dot Com
is our site. Get there, become a part of our family,
our podcast, our newsletter, our personal CFO program. We'll be back.
(16:41):
Need you.
Speaker 1 (16:58):
The only man who is taking on the Wall Street establishment.
You are listening to The Watchdog on Wall Street with
Chris Markowski.
Speaker 4 (17:07):
Quarterback. Everybody, it is the Watchdog on Wall Street Show.
I do want to do throughout the program today. I
think we'll start off every segment with just some of
the money that's being wasted. And again, I want you
to take a deep breath and try to process this.
Try to process this and what could be done with
(17:29):
this money. I think back and I think about the
columns that I've written, the stories we've talked about here
in the program. I mean ranting and raving about wasted talent.
And that was in the movie The Bronx Tale. The
saddest thing the world is wasted talent. And what we're
doing here in this country with all of this money,
(17:51):
all of this taxpayer money. What you could do with
this money back in your pocket, What you could build,
what you could create with all this what we could
make happen here in this country. Here's some here's some
money that you know usaid sent to Afghanistan. Yeah, solar
power street lights that all got stolen and sold on
the black market. How about this? Paying opium for opium
(18:13):
farmers two times the opium price to grow corn, then
sending sending Afghanis to inspect so they collect the corn money,
they grow the opium, They bribe the inspector, and then
sell the opium as well. I keep going on. How
about this? How about a shopping mall in Afghanistan and Kandahar.
(18:38):
They pay for the construction of this entire mall up front.
What what happens? Oh? Yeah, the contractor puts down a slab,
a non reinforced slab, takes his family in three generations
and moves him to Dubai. Nothing done. Anyway, it's it's here,
(18:59):
It's right and fun of you. If you want to
do homework, you want to pay attention to the problem
that we have right now, and this is this is
what I see. Unfortunately, unfortunately, human beings, human beings and freedom.
Quite frankly, throughout history they have it mixed. They haven't mixed.
(19:21):
And I don't know. I don't know whether or not
this is gonna take I for the life of me,
I can't figure out whether or not the American people
are gonna be like that character and the matrix that
wants to go back in the matrix. They're gonna say.
I don't want to hear it. I don't want to
see it. I like my rulers. I like my government
(19:43):
over lords. That's what frightens the hell out of me.
I go off on rants every single year about the
Fourth of July, and how I'm not a big fan
of Fourth of July. Neil Boorts was the same way too,
everybody wave American flags and having a you know, big party.
I mean, trust me, I like the barbecues too, But
(20:06):
most Americans they don't want freedom. Freedom involves work, time
and effort. More on this. When we get back Watchdog
on Wallstreet dot Com. Watchdog on Wallstreet dot Com again
become a part of our family at the Watchdog on
Wall Street show, podcast, newsletter, you name it, Watchdog on
(20:31):
Wallstreet dot Com. We shall return.
Speaker 1 (20:38):
Vis Markowski is the Watchdog on Wall storks. You should
(20:59):
believe in man not magic. You're listening to the Watchdog
in Wall Street with Chris Markowski.
Speaker 4 (21:06):
Every Uh, it's my my thing. I've been doing every
night and night to calm myself down, to be honest
with you. I'm I'm going back and what I've seen
it a couple of times, but I'm watching The Chosen
again at night, and it calms me down, calms me
down because I can't. I I take this this job
(21:28):
of mine very seriously, podcasts, this, this radio show, and
I am I try and I pray every single week
that I'm doing the best possible job to get you know,
the information out to you in the right way. I
try my darnness to keep my anger in check. But
it's it's hard. It's hard right now. It's hard when
(21:50):
when you're watching all of these people in power lie,
just just lie and and and try to confuse people
You're watching all of these these rallies, these so called
rallies taking place at state capitals in Washington, DC. These
are government workers. These are the entire ten mile radius
(22:15):
around Washington, DC, aren't They don't vise are a people
that build anything or create anything. These are people that
make a ton of money, a ton of money off
of you and your tax dollars. And like I said before,
(22:38):
something I'm doing right now was try. It's always wanted
to do it, and I said, I'm gonna try, and
I'm doing my best. It's not easy. It's not easy.
It's this ninety day thing. It's called Exodus, ninety ninety
days leading up to Easter Sunday. And basically the concept
(22:59):
behind it is you're giving things up, You're making sacrificing, fasting,
a myriad of different that cold showers is a part
of it, various different readings and whatnot. And the goal
is is to give up, to learn to give up
certain things in your life. The calling accidence is about,
you know, and as it's getting rid of the Pharaohs,
(23:20):
you know, you read Exodus and you know Moses Freeze
phrase realism, and what do they start doing right away
is complaining and listen, this happens throughout world history, and
some respects human beings like their bondage. They don't want
(23:45):
to be free. Freedom is scary, Freedom is scary. Personal responsibility,
Oh wow, I don't know if I want that. Yeah,
I don't know if. I don't know if I want
that type of responsibility. And they play it into movies,
and you know, you know how I like the sub
reference here on the program, I cracked jokes about dan
(24:08):
Ackroyd and Ghostbusters. Oh. On the private sector, they expect results,
and this is these people that they don't know what
to do. They're frightened. They want the government to take
care of them. Yeah. Again, the United States of America. Again,
(24:29):
the government here in this country is a criminal operation.
There's no bones about it. The system is a criminal operation.
Then this has been played into movies. I Godfather too.
They're Senator Gary shaken down Michael Corleoni there at his
(24:50):
house in Tahoe, and Corleoni calls him, We're both a
part of the same hypocrisy. This is not what this
country was supposed to be about. You know, we we
have this great nostalgia and infinity, greatest generation in World
(25:10):
War Two, we changed after that. We were warned. Eisenhower
warned us about the military industrial compass. Kennedy understood what
was going on and the you know, CIA and all
of this stuff, and it's gotten worse instead of better.
I mean, that's some question. The founding fathers, we had
(25:33):
some sort of time machine and we were able to
bring them back and they were to see what was
going on. What would they think of America right now
and how it's being run, and how it's being operated
and the business of Washington, d C. They'd be disgusted.
Quite frankly. People, What I'm saying here is you only
(26:00):
you only have so many opportunities. This is, in my belief,
this is a real across road moment for the United States.
Either we're going to go back to the the principles,
(26:21):
the idea of America, the principles of this nation, or
we're going to continue to go down this road We've
been going on for a very long period of time. Handouts,
graft payoffs, who you know, underhanded deals, all the things
that make me sick to my stomach, all the things
(26:45):
that keep give me nightmares, keep me up at night,
get me angry, get me yelling, and screaming when I
don't want to. This is our choice right now. And again,
I'm hoping, I'm hoping and praying that the American people
wake up. Watchdog on Wallstreet dot com. Watchdog on Wallstreet
(27:07):
dot Com again, personal CFO program, our podcast, our newsletter,
all sorts of great stuff at our website, Watchdog on
Wallstreet dot com, or give us a call eight hundred
four seven one fifty nine eighty four.
Speaker 2 (27:35):
V IP.
Speaker 4 (27:37):
Let's check it.
Speaker 1 (27:39):
Bringing America financial freedom, one listener at a time. You're
listening to the Watchdog on Wall Street with Chris Markowski.
Speaker 4 (27:48):
They're gonna bring Vanilla back. You can rewrite these lyrics. Hey,
you can rewrite the ice lyrics and uh get them
going after all the illegals. Anyway, Welcome back, everybody. It
is the Watchdog on Wall Street Show. You got to
get into some of the financial stories here from the week.
(28:09):
This one I got a kick out of. I really
did Robin Hood. Robin Hood. We know, like I love
to make fun of Robin Hoood here on the program.
But hey, hey, they're laughing. They're laughing too. I make
fun of them. But they're laughing all the way to
the bank because again, they're in the They're in a
gambling business for crime out loud, That's that's what they are.
(28:31):
They're in the gambling business. They're their job is to
get people doing stupid things at their money, moving in
and out of stocks and all sorts of stuff. They're options,
you name it, and again, countless countless people. You know,
after they've lost fifty sixty seventy eight, can you help me?
(28:54):
Can you rebuild it? Yeah, but it's going to take work,
time and effort because you trying to take a short
cut thinking you're gonna be some sort of guru trader
put you in this spot. You ever see you ever
ever see these traders? They love hot, they live putting
(29:16):
it out on social media. They get these computer setups
where they got like five six computer screens in front
of them and charts and graphs and quote and all
this stuff. I laugh. I laugh because they're gonna lose.
It's kind of you walk into some of these investment
(29:38):
houses and they got a ticker and going on there.
Nobody reads the ticker. Okay, it's all a prop, it's
all a show. You're walking to my office. Yep, there's
my mac one Mac on my desk. That's it. You're
going to lose. It's just that simple. But anyway, Robinhood,
(30:00):
the CFTC asked them, we got the super Bowl this weekend.
They asked them to stop offering customer access to certain
betting contracts on the Super Bowl, And I'm like, why
why again? You know what they're doing anyway, right, you
know that people are going there to gamble their money.
(30:22):
So they gambling a super Bowl or they gamble it
on in video. They're gonna lose anyway. They're the house
for crying out loud. What difference does it make? At
some point in time, people need to take personal responsibility.
You know, you laugh, you know the these trade Oh yeah,
(30:42):
I made a buck on this this time, and I
made a buck on this stock this time, and a
buck over here. Oh okay, so you made three bucks
on the stock. You know, we bought it and we
held it, and now we're up like forty dollars on it.
I mean, it's ridiculous again. People, Everything in life that
has made meaning, value and worth involves work, time and effort.
(31:03):
Stop looking for shortcuts. Put together a portfolio the right way.
Get to our website, Watchdog on Wallstreet dot com. Sign
up for our personal CFO program. Ah boy, well, you
know we're gonna talk about wisdom when we get back,
investing wisdom and compounding investing wisdom. Watchdog on Wallstreet dot com,
(31:25):
we shall return.
Speaker 1 (31:39):
You're listening to the watch Dog on Wall Streets, taking
(32:00):
Wall Streets, Lions, crooks and cheeks out behind the woodshed.
You're listening to the Watchdog on Wall Street.
Speaker 4 (32:13):
Welllcome back everyone. It is the one, the only, the
watch Dog on Wall Street Show. Always honored to have
you tuned into the program. And I keep forgetting again. Actual,
I've been covering so much of this done the podcast
over the week. I'm supposed to be covering some of
this your money following it. Where your money is being spent,
where your hard earned tax dollars are going. How about this?
(32:34):
Did you know? Did you know that you paid for
irrigation canals, farming equipment, and fertilizer to do what, Yes,
to grow heroin? That's right, you and I helped you.
Didn't know you were growing heroin? Did you? Well? You were? Yup,
That's where some of your money went through USA. How
(32:57):
about this? How about all of that money, all that
mighty one hundred and seventy seven billion dollars that went
to Zolensky over there in the Ukraine. Well, we're missing
one hundred and two billion where to go? But Zelinski
doesn't know where it is. Our government doesn't know where
(33:18):
it is. Don't ask the Pentagon. They'vos certainly not going
to know where it is. Hey, don't worry about it.
It's just those stupid American taxpayers out there that keep
sending money to these liars crooks sheets in Washington, DC.
Was it too harsh?
Speaker 1 (33:35):
No?
Speaker 4 (33:36):
I don't think so. Well, I quickly want to go back.
I pulled it up this great bit. This is great investors.
This guy named Howard marx Uh talking about day traders.
He says day traders considered themselves successful if they bought
a stock at ten and sold it at eleven, bought
(33:58):
it back later on at twenty four, and sold it
at twenty five, and then bought it back again at
thirty nine and sold it at forty. Now, if you
can't see the flaw in this, the fact that that
that awesome day trader made three dollars in a stock
(34:19):
that went up by thirty forty bucks, well, then again
you know that's just you. Again. I've talked about this before,
investing versus gambling, the odds of losing money, the odds
of it one month, one month time horizon. Your odds
(34:41):
of losing money is at thirty eight percent, making money
sixty two percent, one year losing money twenty five percent,
making money seventy five percent, five years losing money eleven percent,
making money eighty nine percent, ten years losing money five percent,
make making money ninety five percent, fifteen years losing money
(35:03):
point two percent, making money ninety nine point eight percent.
That's how it's done. I want to talk a little
bit about wisdom and compounding wisdom because you need to
have wisdom when it comes to investing. And the funny
(35:24):
thing is people think they have it. They think that again,
it's a Dunning Krueger effect that I've talked about here
on the program, and they don't. They don't. You have
to have certain boundaries in place when you're put together.
(35:46):
This is what we do, Okay, this is this is
part of our personal CFO program. This is this is
who we are, this is our this is in our DNA. Here.
You have to have an objective, a mechanical system in place.
(36:06):
When it comes to making decisions, you cannot you cannot
be yea under diverse fight. You cannot say, oh, I'm
all in this. You have to be diversified, but not
overly diversified, but diversified. And we've talked about that, the
(36:27):
cut here, the snip there, the taking profits along the way.
How often again have we talked about getting rich slow?
Get rich? Time of good word building wealth slow? I said,
take a look at Berkshire, Hathaway and war and Buffett.
(36:48):
They're making massive amounts of money now because they can
it compounds over time. It took him decades to get
to where he is. Again, certain things, Okay, you have
to trust, you have to trust in your system. Okay, again,
(37:14):
I talk about this all the time, learning how to
navigate financial storms, corrections, volatility, because they're going to be
out there. You're going to be confronted with them, understanding,
recognizing serious risks, and suiting stuff that's not even occurs.
I talked about that in terms of black swans. They're
(37:37):
out there. How do you protect yourself? How do you
protect yourself from something that's coming out of nowhere? Very simply? Okay,
your portfolio is structured, so when those big hits come,
you get stronger, you benefit from them. That's the whole
anti fragile concept that oftentimes we talk about. Not my word,
(37:58):
talent came up with it, but it works. And of course,
discerning the difference, and this is important between the conventional
wisdom of the day and the reality of the terrain.
People are always being sold something and obviously watching it
happen right now. Narratives narratives, whether it be in politics,
(38:21):
which we've talked about here, whether it be as far
as our our system of governance is concerned, and most
certainly it's the same thing when it comes to investing.
They get that. You don't think that the media outlets
all do the same thing. Oh we got this narrative,
we got dot com, Ah, we got real estate market
(38:41):
going like Gangbusters and pre construction condos. We've got this narrative.
We got that narrative, and they push it. They push
it because it sells, because people buy into it and
they clamor for it. And again, you do that, since
you drive yourself off a cliff, get the help you need.
(39:06):
Get to our website, Watchdog on Wallstreet dot Com, our
personal CFO program, our podcast, our newsletter, all sorts of
great stuff. Watchdog on Wallstreet dot Com. We'll be back.
Speaker 1 (39:27):
Chris Markowski is the watchdog on Wall Street. Well no
one altered, investment banker, consumer advocate, analyst, trader, Chris Markowski.
(39:52):
He is the watch dog on Wall Streets exposing the
lines and myths that the big brokerage, the mainstream press,
and the government are pushing to keep Americans away from
financial freedom.
Speaker 2 (40:06):
You can't handle the truth.
Speaker 1 (40:08):
Bringing America the truth about what really happens in the
financial world.
Speaker 3 (40:13):
Ladies and gentlemen. We're not here to indulge in fantasy,
but in political and economic reality.
Speaker 1 (40:18):
This is the watchdog Wall Streets.
Speaker 4 (40:22):
All right, welcome back, Welcome back everybody. I have to
start off this hour of the program. I got to
offer up an apology. I do. I have to offer
up an apology what our listeners pointed this out to
(40:43):
me as as you well know, I'm always ripping, ripping
into government workers here on the program all the time.
And I think you again, I grew up in Albany,
New York. Grew up in Albany, New York. Yeah, state capitol,
big blue state, lots of government offices, It was like
(41:05):
an ongoing joke even since I was a kid. It's
a kid. We ever had the uh you know, you
take the bus to school and you'd have that something
for luck. You'd have the cool bus driver that would
have the remember the old school speakers that we put
up there, and he would be playing the classic rock station.
Uh yeah, Picks one oh six. That was the one
in Auburny, New York when I grew up. And they
(41:27):
would do their bits, the morning show guys making fun
of the government workers. It was. It was bloody hilarious.
It really was all the jokes and stuff they would plan.
But again, there's a lot of what people wanted there.
As you know, part of the culture there in Auby,
New York is you go to high school and you know,
maybe you go to college, maybe you don't, but your
your big goal was getting a job as a government worker.
(41:48):
Well I get this email. I was like, Chris, Chris,
you've got to differentiate, man, You got to differentiate between
government workers in government employees. And I thought about it
and I'm like, he's right, that's right, and my apologies,
my apologies into all government employees. I apologize deep down
(42:13):
inside what is the difference. Okay, government employees are people
that actually take pride in their work. They actually do
their job. Now we all know, we all know that
over ninety percent, ninety percent of the work that actually
(42:33):
needs to be done and government is done by probably
less than ten percent of government employees. The rest of
them are government workers. And there's a big difference. And
actually people say this, Chris, aren't you worried that you're
going to upset all these people and you know you're
making fun of them and they're not going to be clients.
(42:56):
What you know, how many government employees that I have
as clients, a lot, a lot from all over the country,
and they agree with me. Why Because they're the ones
that are doing the work. They're the ones that are
working their tails off at actually doing their job and
(43:19):
doing the right thing and not sitting on their buttocks
for most of the day playing solitaire on their computer.
As far as the government workers are concerned, do you
think I want to have people like that as clients?
Speaker 1 (43:36):
No?
Speaker 4 (43:37):
But anyway, anyway, and again I apologize, I will check
myself and I will again let it's a big difference
between government employees and government workers. Anyway, anyway, this is
something I've been meaning to talk about here for some
(43:57):
time sometime here on the program. This is delicate. This
is delicate. One of the more difficult things that I
have to do what we have to do at Markowski
Investments as advisors. These numbers are striking as far as
businesses are concerned. A twenty years study was conducted that
(44:22):
this is from wealthy families wealthy family and instead it's
people families that own businesses. A. People don't really understand
what wealth really is. Everybody, Hey, how's money in your
bank account? It's not just that you know, wealth is
what you have, what you own to times businesses, whether
it be restaurants or stores, whatever it may be. Seventy
(44:44):
percent of wealthy families lost that wealth by the second generation,
ninety percent by the third. You know, I'm gon I'm
gonna call it the Fredo conundrum after Fredo COLERIONI okay, okay,
(45:08):
and I'm being honest. This is these are conversations that
I have to have. I have to have with clients. Listen,
this is what I recommend you know. This is succession
twenty twenty five. You may have built this wonderful business,
(45:28):
you may have built this wonderful, wonderful business and from
the ground up, the ground up. As a matter of fact,
I might as well make an announcement right now. I'm
actually starting another radio show entitled work Time and Effort.
It's going to be textually the title title of my book,
which is coming out in the next couple of months,
(45:49):
and basically the radio show is going to be a conversation,
conversation between myself and business owners and their backstory and
how they built their business. You know what it takes.
You know what it takes. You know what you went through,
you know what it's like. You know it's like when
you when you're building your business in the hours that
you put in for no money. And again, you know,
(46:15):
I get it. You know we're parents and oftentimes we
all have that tendency to spoil our children. It doesn't
always work. You may have dreams I want my kids
to take over. I want my kids to take over
my business. Again, make sure make sure that's what they
(46:41):
really want. Don't delude yourself, don't kid yourself that they're
going to be able to handle it, because again I
have to explain this to certain clients, and I'm like
I understand you you want to take care of your kids,
but you might want to do it maybe in a
(47:02):
different way because one of the things, one of the
things I'm splending that to my son this past week
about helping people as an entrepreneur. As an entrepreneur, you're
helping people. You're employing people, people put food on the table,
(47:26):
people able to raise their families based upon your business.
And you know, again I understand understand you want to
hand that off over to your kids, you'd like your
kids to take over, but you also have to think
about the people that work for you too. In all
small businesses can testify to this because your employees they're
(47:50):
like family to you, they become like family. So again,
this is something we do at Markowski Investments and helping
with this transition. You know, maybe this is a twenty
year study, and again I will I haven't seen the
internals and maybe the the you know, the valleys and
(48:14):
the pikes and maybe generational bits in regards to certain
points in time, and hopefully this will will change to
some degree. But I just just I've got three kids.
I got three kids, and I have put apps zero
pressure on them to come and work for me, that
(48:34):
is something that they want to do, and in fact,
out of college, they're not gonna work for me. I
won't allow it. With things to do and say, hey, listen,
you gotta go figure some stuff out on your own.
You gotta you gotta, you gotta go, you know, go
and live somewhere, get your own apartment somewhere, work for
somebody else. Okay, you got to you gotta learn some things.
(48:57):
And then you know, then you come back to me
and you want to talk. Do you want to become
a part of this firm of ours here, this family
business that we've built up. It's not just going to
be handed over to you. Not going to work that
way anyway. Anyway. I also have to talk about this
as well. Again. You know, wee can week out here
(49:20):
on the program for twenty five years will be covering
ripoffs and scams, and one of the lines we get
across is say get rich quick Connors the world's second
oldest profession. Well, as it turns out, ah boy, we're
going back over twenty years. Over twenty years ago, I
(49:41):
was covering this here on the program and nobody listened.
Nobody listened. I wish I had the receipts and the
messages and the nasty phone calls that I would get
from people back when I was covering this story, ah
ripping on, what do you know? You're not a billionaire
(50:03):
he is. What do you know? You don't know anything?
Why are you knocking this guy? Alan Stanford? Alan Stanford
had a seven point two billion dollar ponzi scheme going
on and again this it was so obvious, it was
(50:24):
so right in front of your face that this was
an utter scam, and nobody did a damn thing about it.
You know, I felt like a fool. I'm yelling and
screaming on this program. Why isn't the SEC? If you're right, Chris,
Why isn't the SEC doing anything? Why isn't Finnward doing anything?
(50:48):
Where is the FBI? You don't know what you're talking about. Oh.
I had radio stations drop me, drop me because Alan's
Stanford was one of their advertisers. Remember Alan Stanford. He
was selling CDs that's right, guaranteed, right guaranteed certificates of
(51:10):
deposit from a bank and Antigua at CD rates. I
think that they were like twelve thirteen percent. And I'm
saying to myself, how is that possible? How is that possible?
How does how does one take one's money take one's money?
(51:34):
I don't want to back then, I don't know what
the interest rates were. Maybe they were, you know, six percent,
five six percent, maybe that was the CD rates at
the time. I can't even remember. How is he able
to show more than double what the going rate was
at any bank through the Bank of Antigua. How is
that possible? That's all I said. Well, you don't get it,
(51:55):
you know, no, I didn't get it. You're right, and
neither do you. But you just got greedy seven point
two billion dollars. And he ran this scam right in
front of everybody, Commercials on TV, advertisements in Forbes and Fortune,
(52:16):
the Wall Street Journal, and I'm I'm yelling and screaming,
like I said, how is this? Why are you people
allowing this? You know this is not real. You know
this is gonna collapse. But nobody cared. Nobody cared. Any
of those media outlets care. No, they just were happy
getting paid for the advertisements that they were getting. They
(52:36):
don't care about you. They don't care. Here give me
times Forbes before they asked christ we would like to
do a profile for you in our Markowski Investments and
in our magazine. I tell him to take a while.
I won't even get near you. Disgust me. You're gross,
They're all gross. How is this not? I mean, honestly,
(53:00):
any radio stations out there, what's wrong with you? Why
would you allow a con artist to do this? And
again they're all like Sergeant Salts, I know nothing, I
see nothing, no nothing care about is their ad dollars
to me? That's again, that's that's not capitalism. Capitalism is
(53:20):
not getting over on somebody. It's not what it's about.
It's about two parties getting together and both leaving and
both being happy. Well this, you know, I guess this.
This Ponzi scheme lawsuit is now over sixteen year old lawsuit,
seven point two billion dollar scheme. Yep, they imposed a
(53:41):
five point nine billion dollar fine on Stanford. He's in jail.
What what good is that going to do? Correct? Sixteen years?
Think about it. They've been working on this for a
sixteen year case. So you got to think about all
the people. This is part of the racket too. All
all the prosecutors, all of the lawyers, all the people
(54:02):
have been sucking all of this money, any of the
money that was recovered. Guess who's sucking that money out now?
The lawyers not going back to the people that were
ripped off. Nah, they gotta have court cases that go
on for ten years. It's like when the government uh
decides to build a highway in New York, or or
or dig a hole in Boston, the big dig out there.
(54:23):
They gotta keep it going for decades. Gotta keep these
lawyers paid, keep them so they can buy their boats
and have their You go to their golf clubs and
all this stuff. And who's the fool you are? Don't
be a fool, do things the right way. Get to
(54:44):
help you now, I mean, I'm sorry, man, I don't.
I don't. I'll be got at some point in time.
You gotta understand. You gotta understand my frustration. Watch Dog
on Wallstreet dot com. Watchdog on Wallstreet dot com again.
Become a part of our family, our personal CFO program,
our podcast, our newsletter, all sorts of great stuff. Watchdog
(55:05):
on Wallstreet dot com or give us a call eight
hundred four to seven one fifty nine eighty four.
Speaker 1 (55:26):
This is the Watchdog on Wall Street.
Speaker 4 (55:35):
All right, let's do another one this is where your
tax dollars are going. How about that? Ay, fifty six.
Speaker 5 (55:47):
Million dollars to the World Economic Forum.
Speaker 4 (55:53):
Yes, in Davos. We're all of the richie rich people,
part of the big club, all of the Bond villains
of the world get together. You helped pay for their party.
You helped pay for their party. Again, I'm a big
James Bond fan. Like Spectra. You know, you know, you
(56:17):
know Spectra, you know the the you know, global terrorist organization. Yeah,
you get the little octopus symbol there. Yeah, you pay
for their party and that wonderful use of your tax dollars.
Why aren't you thrilled that it's going to all of
those criminals? Anyway? Ah, right, here we go. I gotta
(56:39):
I gotta mention this here, this this again. Boil boy. Yeah,
it's like that line from Jurassic Park. Boil boy, Do
I hate being right all the time? Well? Two years ago,
two years ago here on the program, we were making
fun of the Team Seamsters and Teamster Boss Saw O'Brien.
(57:03):
He's got a historic labor agreement with the UPS. And
I'm looking at these numbers and I'm saying to myself,
you've got a labor agreement, I said, the UPS is
kind of they can't handle this. They're gonna have to
lay people off. Well have you seen UPS's stock lately.
(57:26):
Oh yeah, you see what they have to do now.
Oh yeah, They're gonna have to close ten percent of
their buildings. They're going to reduce the size of their
vehicle and their aircraft fleets. They are also gonna be
firing people, that's right. They just had to cut half
their delivery business with Amazon, which is its largest customer.
(57:49):
Why because they can't afford to do Amazon deliveries? Why? Well,
the twenty twenty three UPS agreement increase the average compensation
for full time drivers over five years to one hundred
and seventy thousand from one hundred and forty five thousand.
(58:10):
Not to mention, you get up to seven weeks of
vacation and you don't pay any healthcare premiums. This was
Sewan O'Brien at the time. Teams have set a new
standard and raised the bar for pay, benefits and working
conditions in the package delivery industry. Oh yeah you did,
Oh yeah, you did. And now tens of thousands of
(58:32):
your workers are going to be laid off because they
can't afford to pay it again. You can, you can
cut whatever contract you want, you can have whatever minimum
wage you want. But eventually, okay, eventually companies have to
run in the black, not in the red. And you know,
it's all well and good, and I get it. I
get okay, you know, I want people to make as
(58:54):
much money as possible. One hundred and seventy thousand. I mean, honestly,
it's it's nuts, it really is. Anyway, Anyway, I gotta
go off on this as well. A couple stories here.
Here's one out of Maryland, the Califer California ification of Maryland.
(59:14):
That's one, and the other one is kan Ed proposes
massive rate hikes that could increase New Yorker's gas and
energy bills by one hundred and fifty bucks a month.
So here in the state of not here, I'm out
of here in Maryland. They're in the state of Maryland.
They're gonna raise their top income tax rate to six
point five percent from five point seventy five. All the
(59:36):
rates going up. Kathy Hochel in New York has got
all sorts of green dreams there, meaning everybody's electric and
gas bills going up by one hundred and fifty bucks
where Okay, sorry, sorry, You know what, people, You get
what you vote for. Okay, you decide to live there,
you vote for these fools, You get what you deserve. Again,
(01:00:00):
at some point in time, at some point in time,
maybe you'll wake up. Maybe these states will hit rock
bottom and they'll move on. Watchdog on Wallstreet dot com,
Watchdog on Wallstreet dot Com, We'll be back. Show up.
Speaker 1 (01:00:17):
You're listening to the watch Dog on Wall Street, the
only man who is taking on the Wall Street establishment.
(01:00:41):
You're listening to the Watchdog and Wall Street with Chris Markowski.
Speaker 4 (01:00:46):
I'd got another one. Here's another one. Here's your here's
your tax dollars.
Speaker 5 (01:00:54):
Forty million dollars, forty million dollars for AIDS drugs for
transgender prostitutes in South Africa.
Speaker 4 (01:01:07):
Okay, do you think do you think that money is
going where you think it's going? Huh? How many? How
many transgender prostitutes are there in South Africa? Forty million
dollars for AIDS drugs for transgenderut Again, what a load
(01:01:33):
of lies? What a load of lies? Do you understand?
People have boats, People are going on fancy vacations. People
have Ferraris because we are a bunch of stupid idiots
that vote for these same people, same donkeys, same elephants,
(01:01:55):
that will take our money and just throw it away
because you know what they're gonna get there, kickbacks and
their deals too. You know, I'm gonna get into blackmail.
American Hustle, American you know we will do that. Now,
why won't we? Why we'll do American Hustle twenty twenty five.
You remember that movie, American Hustle. It was a great film,
(01:02:18):
great film in that movie and we've talked about it
here on the program. It was actually about the ab
scam scandal. This was back in the day, back in
the day when politicians would just get a suitcase full
of cash, and that's when it was the case it was.
It was played by Jeremy Right Maan. It was the
mayor of Camden, New Jersey in this case. But you
(01:02:40):
understand what's going on right now in USAID and what
we're seeing and stories like this, He's got to understand
how bribery works today in America. Now, if you want
to bribe, let's say you want to bribe a general.
You want to bribe a four star general, and it happens.
(01:03:01):
Somebody doesn't happen it does. They're not getting a suitcase
full of cash. Okay, it's not like you're bribing a
general in Africa where you gotta pay him cash. Here
it's different. And this is what helped lead to the
destruction of great companies like Boeing. You were you're defense contractor,
as John Conrad put together, and he's spot on, if
you're a defense contractor in the United States, what you do?
(01:03:24):
You invite the general. Oh, that's We're gonna have a
nice dinner were I'm gonna you know what, We're gonna
go to this great place I know in Georgetown. We're
gonna have a great meeting. Comes thank thank the general
for all he's done and is dedicated support brother on
on the project for the American people. And you give
him a little eyewink right there. Then you you you
(01:03:45):
throw out there say hey, you know, we might have
we just might have a board seat opening up at
our company within the next five years, and we'd like
to consult you. We'd like to talk to you about,
you know, maybe finding a good candidate for that board seat.
Fast forward five years later, Bata Boom Bata Bing. Guess
(01:04:07):
who gets that board seat. Yes, that four star general
and that pays five hundred thousand dollars a year for
five years, for maybe a week's worth of work a year.
But then again, you also can play the old board
seat shuffle two, where you do contracts with certain companies
that he helps bring on and then they can sit
(01:04:28):
on each other's boards. I want to do congress person,
same thing. This is this is how this this forty
million dollars goes to South Africa. There's a there's an NGO,
there's a nonprofit attached to that. Oh, you get the
you get the congress person to steer it. Juicy contract
(01:04:51):
your way. You take some of that money and then
you set up a nonprofit. Nothing too fancy. You just
can move some money around. Then, you know what, that congressman,
that center, whatever it may be, they get voted out
all of a sudden, Oh jeez, you get a board
seat on that and then you use after that they've
(01:05:12):
got connections, and then you use those connections to secure
a us AID grant from the next wave of congressmen
that will eventually get board seats. Rinse and repeat, rintse
and repeat. You keep the Ponzi scheme going, and just
like that, you have yourself a self sustaining influence machine.
(01:05:34):
American Hustle twenty twenty five. Oh yeah, I've also talked about,
oh geez, the speaking engagements, book deals. How about Joe Biden.
Joe Biden signed with CAA this week. What is he
going to start in the next stime? I don't know.
Weekend at Bernie's. He just signed with with a major
(01:05:57):
talent agency. Yeah, yeah, he did. Because again he's he's
got to get paid. That's how they're going to get
him his kickbacks in another way, the same way Obama
got money through books and Netflix deals and all sorts
of stuff, same nonsense. Clinton's you name it again again? People?
(01:06:19):
Do you do you? Do you like being ripped off?
Do you like having your intelligence insulted? I certainly don't.
Watch Dog on Wallstreet dot com. Watch Dog on Wallstreet
dot Com again. Become a part of the Watchdog on
Wall Street family. Get there, a personal CFO program, our podcast,
(01:06:41):
our newsletter, all sorts of great stuff. Watchdog on Wallstreet
dot Com. We'll be back.
Speaker 1 (01:06:50):
They You should believe in math, not magic. You're listening
to the Watchdog on Wall Street with Chris Markowski.
Speaker 4 (01:07:11):
Okay, uh, got another one. These are actual line items
line items in US AID twenty grants. Twenty grants paid
out a total of almost a half a billion dollars
(01:07:32):
four hundred and fifty nine million, eight hundred and seventy
nine thousand, two hundred and thirty bucks. Grants made out too.
Don't know, doesn't say I'm not making this up. Doesn't
The names of where this money went are redacted. Now
(01:07:53):
all a might you listener said that? What what if
you as a business, What if I started writing checks
out to cash and then I tell the irs, Oh, yeah,
that was for this, So that was for that. It
was a write off? Are you kidding me? They took
a half of billion dollars of your money and my
money and they're not going to even tell us where
(01:08:15):
they sent it. And guess what. We're not supposed to care.
We're not supposed to ask. We're not supposed to ask questions.
Ask Elizabeth Warren, ask Chuck Schumer, Ask what is her name?
Jasmine Crockett. She's like a caricature for crying out long.
She belongs on some sort of Tyler Perry show. You know,
(01:08:38):
it's something where they misspell the word like sisters. I
mean I she's serious, she's an embarrassment. No, no, no,
no no, they're telling no, no, no, don't question. Don't
question the fact that we just took your money and
we just give it to whoever we want, because you're
supposed to bow down to us. Okay you yes, were
(01:09:00):
their lap dogs? Okay, bend dover, bend over. Get smacked
and he asked, like animal house, thank you, sir, Might
I have another? We're supposed to take it anyway? Anyway,
This one's this one's hilarious too. Alpha male versus beta male.
(01:09:24):
Now this all started, This all started last weekend. So
here's here's the first part of the story. You got this, uh,
this governor, governor acting all tough governor of the state
of New Jersey. Ah, Phil Murphy, Oh a tough guy.
Talk all these all these New Jersey governors act like
tough guys and they're fake tough. It's like Chris Christy.
(01:09:47):
There's another beta male that thinks he's an alpha male. Okay, good.
Phil Murphy announces at an event that he and his
wife Tammy were hosting an illegal alien in a base
above their garage and he dared the Feds to try
to get her. Hey actually did this was being interviewed,
(01:10:10):
being interviewed. Then up here comes Tom Holman, Alpha male. Okay,
no nonsense, law enforcement officer. Okay, the uh he's like
the John Wade type up there. Then he says, yep,
I got a note of it. I'm not gonna let
(01:10:31):
it go, Gonna look into it, Gonna make sure that
he's not involved criminally in harboning a legal alien. Again,
Murphy comes out after the fact, Beta male comes out
and admits it was all a lie. He admitted the
(01:10:51):
whole thing was a lie. No, no, no, uh there was.
It was an idea, It wasn't a reality. Trying to
back pedal on the entire story. Again, that's what we
got in this country. Alpha males and beta mails. And
you know what alphas stand up for, crying out loud.
Watchdog on Wall Street dot com, Watchdog on Wallstreet dot com.
(01:11:15):
We'll be back.
Speaker 1 (01:11:19):
Chris Markowski is the Watchdog on Wall Street bringing America
financial freedom. One listener at a time. You're listening to
(01:11:43):
the Watchdog on Wall Street with Chris Morkowski about kiddos.
Speaker 4 (01:11:50):
Yeah, we got some more here, got some more as
some of the things that again they're going after us Aid,
but now they're going after other aspects of the government
as well, all of the crap within the Department of Energy. Again,
there's another department that we need to get rid of,
the Department of Energy. None do anything create energy. No. Actually,
(01:12:14):
the new Energy Secretary just just expose the entire scams,
talking about how we've spent over two trillion with a
t over two trillion dollars to try to change over
to nonsensical energy crap, and we've lowered the amount of
(01:12:36):
fossil fools that we use by two percent two trillion dollars.
And the Left is coming out now again they're lying,
which is disgusting about everything they're now trying. Those is
also going into Medicare and Medicaid. And we know that
this has been so much fraud involved with Medicare and medicaid.
(01:13:00):
We know this. There's been stories about it. But the
Left is coming out and saying that, oh, dose is
gonna take away your Medicare, Dose is gonna take away
your Medicaid. No, they want to save it, they want
to get rid of all the crooks and oh, don't
even get me started on the Department of Education. We
go off on the talk about that we're gonna have
(01:13:21):
the test scores. Take a look at the amount of
money that has been spent. Any of you left wing
idiots out there, you think the Department of Education was
put in the Constitution by James Madison, For crying out loud,
Jimmy Carter crafted that entire thing. What do they do?
What does the Department of Education do? And if they
(01:13:41):
are doing something, they're doing it wrong. Because we spend
more and more money, we get more and more administrators,
and kids' test scores get worse. Oh no, what are
we all gonna do? Oh without a Department of Education?
Oh no, who's gonna tell our kids that they they're
privileged and they need to check their privilege and give
(01:14:01):
him some sort of gay porn or some sort of
transgender drag show. Take a deep breath, Watchdog on Wall
Street dot Com. I know I'm getting a little riled
up here, but these things rile me up. Anyway, We
got to talk about this story. Okay, this is an
immigration story again. This is the mainstream media, mainstream media
(01:14:27):
getting everybody worried. But talk about what chee. Look what
Trump is doing. Trump's rounding up, rounding up all of
these illegals. And who who's gonna pick our crops? What's
gonna happen? So here is CBS. CBS goes out and
interviews an American farmer, American farmer who admits, admits that
he hires illegal migrants and now his workers are not
(01:14:51):
showing up because of ice. Only five pickers showed up
this morning to harvest his sweet potatoes. This farmer, Keith Smith,
saw the possible ruin the loss of his half million
dollar crop two hundred acres. He needs twenty pickers, mostly
(01:15:12):
Mexican nationals. Okay, they interview, They interview some of the
Mexican workers that are there. Some have been doing it
since nineteen ninety two. You want to know how much
these workers are getting paid a day? One hundred bucks,
one hundred dollars a day for twelve hours work, one break.
(01:15:37):
Now I'm going to get your arms around that. And again,
all the you people on the left, you're looking out
for the illegals. You're looking out for the illegals. You
discuss me, this farmer, this farmer discussed me. You're paying
slave wages is what you're paying. You should be ashamed
of yourself. This is one of the things that people
(01:15:59):
failed to get their arms around. Okay, we have we
have visa programs to bring migrant workers in. And guess
what this farmer, this lazy ass farmer, didn't do that.
He'd rather take the illegals and pay them less than
do things the right way and go through the system.
This is why both Democrats and Republicans for years, and
(01:16:22):
the US Chamber of Commerce, they love illegal immigration because
they want cheap workers. This is nonsense. My old church,
when I used to live in I used to live
a little bit further south than I did now area
Cold Lakewood Ranch, Florida, and we'd be RAI getting gathering
clothes and food, all this stuff for the migrant workers.
(01:16:43):
It made me sick to my stomach. But this is
what we're supposed to do. I remember what's his name
there was it, Stephen Colbert doing some bid on a
strawberry farm. About the workers they have to do, if
you actually cared about them, make them legal, go through
the visas a system. They're not paying a prevailing wage.
(01:17:05):
Plus you know, not to mention the fact we're gonna
have a lot of lot of a lot of ex
US AID and government workers and NGO people. They're gonna
be looking for work shortly. Maybe get them out there
to go pick the sweet potatoes. One hundred dollars a day,
no benefits, no healthcare, no nothing. And again, I don't
(01:17:33):
know how how you left this. You you think this
is okay? Anyway, I gotta quickly touch on this story
as well. This was interesting. One of the wealthiest men
in the world, Bernard I'll know, he's the uh CEO
of Louis Vuitton, Louis Vuitton, and he is in France
(01:17:54):
and he says, I've just returned from the United States.
I was able to see the wind of optimism prevailing
in that country. And when you come back to France
after spending a few days in the USA, it's a
bit of a cold shower. I must say, you got
the impression in that the United States, you're welcomed with
open arms. Taxes are going to drop to fifteen percent,
(01:18:17):
the workshops you can build in the USA are subsidized,
and in a whole series of states, the American President
encourages business. The market is growing fast. And again he's
talking about what's happening here in the United States, what
we can build here in the United This is again
(01:18:37):
what a wealthiest guys in the world. French for crying
out loud? How often do you see a French guy
tout the USA and maga anyway, Watchdog on Wallstreet dot Com.
Watchdog on wallstreet dot Com again, become a part of
our family, a personal CFO program, podcast, newsletter, all sorts
(01:18:58):
of great stuff. Watchdog Wallstreet dot Com. We'll be back.
Speaker 1 (01:19:05):
You're listening to the Watchdog on Wall Street. Well know
one altered investment banker, consumer advocate, analyst, trainer, Chris Markowski
(01:19:30):
is the Watchdog Wall Street. Do you want to answer
exposing the lines and myths that the big brokerage firms,
the mainstream press, and the government are pushing to keep
Americans away from financial freedom.
Speaker 2 (01:19:44):
You can't handle the truth.
Speaker 1 (01:19:46):
Bringing America the truth about what really happens in the
financial world.
Speaker 3 (01:19:51):
Ladies and gentlemen. We're not here to indulge in fantasy,
but in political and economic reality.
Speaker 1 (01:19:56):
This is the Watchdog Wall Streets.
Speaker 4 (01:20:00):
Well, you remember this narrative. Remember this narrative again. This
was this was big on MSNBC and CNN, and they
were ridicule Elon Musk and yeah, look at look at
he bought Twitter and he made a mess of the
entire thing. Do you remember when when he on bought
(01:20:22):
X bought Twitter. Now it's X fired what seventy percent
of the workers fired seventy percent of the workers, and
then then started changing the algorithms. And then there was
stories all over the media because again that was a narrative.
Right now, they were all saying the same thing. Oh,
this advertiser dropped and that advertiser dropped, and everybody's running
away and everybody hates X. Well, yeah, let's actually take
(01:20:48):
a look, shall we. By the way, By the way,
everyone wants to buy because it's again, everyone's buying the
bonds right now, X's bonds. They just reported investors their
adjusted earnings one point two five billion on revenue of
(01:21:10):
two point seven billion. That's that's some bloody good margins. Okay,
made one point two five on revenue two point seven
Let's let's go back to what it was Twitter, when
it was Twitter in twenty twenty one. Oh, look at
the revenues. They did five billion in revenues, but they
(01:21:33):
made six hundred and eighty two million. Oh sure, sure,
oh yeah. The revenues are down. Revenues are down because
again many of the leftist media organizations pulled out, and
advertisers and all sorts of good stuff. But look what
he did. He made X as Dewey Oksburg would say,
from stripes aleen mean fighting machine. And guess what only
(01:21:58):
advertisers are quie Lee coming back. Yep. Yeah, the story
got put out in musk fashion. They put that story out.
This is it. Remember how Elon blought Twitter and totally
destroyed the company through his own At least that's what
I read Elon puts out. It's almost like I'm good
(01:22:19):
with money. Read the stuff. It's it's incredible. It really
is what actually takes place real quickly before I get
into the and it's again, this is another story where
it's gonna make you sick to your stomach. And again
this is another I hate it when I'm right situations.
(01:22:43):
Again during COVID. What was taking place during COVID, weh
we lost a lot. We were uh deep platformed, putting
social media jail for telling truth, for telling the truth,
again and again and again, not invited back on certain
(01:23:03):
TV programs because of my honest opinion, that was right
right as has anybody gotten back to me and apologized
for the way we should know? Of course, of course not.
But anyway, from from the beginning, from the beginning, we
were watching what was taking place, I'm like, this is
stupid everything, everything that's happening right now. And again I
(01:23:25):
don't even like thinking back at that point in time
because stupidity. Actually, it's painful to me watching the stupidity
of the American people. We flunked. Okay, let's let's face facts,
the United States of America. We flunked our IQ test
during COVID I with the with the dots on the
floor and uh uh social distancing. We're social distancing out
(01:23:48):
of line at the airport wearing masks and then everybody
can get on the plane and sit right next to
one another. But then you could take the mask down
when you can eat it again at restaurants uposite down,
mask off, up, stand up, mask on. It was just
it was painful, it really was. But also that the
idea out there is one of the things you're canceled
(01:24:09):
it if you actually suggested that, ge whiz, this was
this this COVID came from a lab. No, no, no, no.
You see one night at the bar it's like the
South Park or something like that. You know, a pangolin
had too much to drink and brought home a bat
and they hooked up. Boom boom babee. We got ourselves COVID,
(01:24:32):
right right, Sure, sure, Mike Ben's has been on top
of this for a very long time too. And again
it was all about following the money. And at the time,
this is where I said, you know, Everybody's like, you know,
it's China, even Trump's it's a chinavirus. It's like yes
and no, yeah, it's a China virus. But uh, guess
(01:24:54):
who paid for that chinavirus? We did? We did, And
and I've mentioned this before here on the program. It's
my father died of COVID and I'm sure out there
someone relative, friend, family member that died COVID. And it's
(01:25:15):
that point in time that again we've got to understand
that we paid for it. Now, I was, I helped
pay my tax dollars. You're to I helped pay to
kill That's that's a reality. It's a reality. Follow the money.
This is this is again, these are the awards uh
to uh the National Institutes of Health and the US
(01:25:38):
Agency for International Development. Now the National Institutes of Health.
They got the money, they gave it to one university.
They also gave it to the Eco Health Alliance, who
turned around and gave it to Wuhan University and the
Wuhan Institute of Virology. They gave money to the University
of California, Irvine, which gave to the w On Institute
(01:26:00):
of Virology. They gave money to Duke University, who gave
listeners the Academy of Military Medical Sciences in China. I
thought China was our enemy, but were given the Academy
of Military Medical Sciences our money, my money, your money.
The regents of the University of California giving money also
(01:26:21):
as well to the Academy of Military Medical Sciences in China.
Then you get the US Agency for International Development. They
gave money to the University of California, Davis, who gave
it to EcoHealth Alliance, who also gave money to Wuhan
University and the Wuhan Institute of Urology. That's that's the reality. Okay,
(01:26:42):
and again why is this not front page? Well again again,
like Colonel Jessop said, Colonel Jessop said, you can't handle
the truth, and a few good men's that's it. The
American people can't handle the truth. Anyway. Let's let's talk
(01:27:04):
about uh, club Monaco, Let's talk you know. I when
I'm watching this, this press conference with Donald Trump and
bb net and Yahoo, I'm watching this thing and my
mind is my first my jaw dropped and my mind
was just going a mile a minute, a mile a minute,
(01:27:27):
and I'm watching I'm looking at Donald Trump's face while
he's doing this. Now again, I suggested, I suggested in
Trump's first term that he shut down the United Nations,
kick the United Nations out of the United States, and
take all of that land in Manhattan and and turn
it in to return it to apartments and condos and space.
(01:27:51):
I thought that would be awesome. I would be a
great thing to do. But uh, this, this was a whole,
whole nother world. But I want you to again, I
want you to understand. I want you under understand it.
This this he's playing three D chess right now, He's
(01:28:14):
playing three D chess. This is and this is a
great way of putting it. This, this has brought up
to me and if I'm familiar with the Old Testament,
King Solomon, this is Donald Trump splitting the baby. If
you're not familiar what I'm talking about, I'm not gonna
tell the entire biblical story. Look it up. This is
(01:28:37):
Donald Trump's split the baby moment. He comes up with
this idea. There, we'll take it. We're gonna we're gonna
move all the people, all the Palestinians out of there.
We're gonna give him a great place to stay. We're
gonna do it over in Egypt and Jordan, give them
a great it's gonna be awesome for them there. And
(01:28:58):
we're gonna take this over. And is this Gaza strip
and we're gonna make it, you know, this international piece
of property and we're gonna control it now. You know that,
you know. As soon as he said that, And Donald
Trump knows this too, he knows that all of the
idiots at all these global capitals around the world are scrambling.
(01:29:18):
He said, what, Oh my god, they're They're in Turkey,
they're freaking out, They're freaking out in uh, Saudi Arabia,
all these places, Jordan, you name it. What did he
just say? How could they do this? No? No, no,
I knew it, and he knew too. He's gonna you
think of the media was gonna cover this and they
were gonna say, oh my god, it's ethnic cleansing. It's
(01:29:41):
all this. It's genius. Okay. And people who have been
listening to his program for a long time. Okay, I've
ripped into Donald Trump with some of his ideas. Okay, this, this,
my friends, is genius. Okay, he for this up because
the last thing in the world lasting, well, you know what,
(01:30:03):
the United States taking that over? Are you kidding me?
They know? That's all you know. Okay, what is your suggestion?
Speaker 1 (01:30:10):
Then?
Speaker 4 (01:30:12):
What is you How do you think we should handle
it that the places is uninhabitable right now? Do you
have any suggestions? Do you want to put any money up?
It's the split the baby moment, figure this out, figure
this out, or we are going to handle it. And
(01:30:36):
they don't want that. And again, he's not wrong doing
the same thing over and over and over again for
a hundred years. The again, I I everybody. I knew
everyone was going to misread it. I knew the media
was gonna misread it. I knew the people on the leg.
(01:30:59):
Oh my god, it's like Hitler this is ethnic cleansing.
Come on, people, you again, Yeah they are, many of
them are really that dumb. You don't see what he's
doing right now. He's completely completely changing the script on
this entire thing. You have a you have a an
(01:31:22):
essence and almost that hopeless situation right now. So the Gaza,
the Campalisins are coming back into Gaza. It's flattened, it's uninhabitable.
What do we do now, He's he's putting the pressure
on Jordan, Egypt. Right now, he's putting the pressure on
Saudi Arabia and UAE and Katar and all those nations
in the region. It day, you better figured us out.
(01:31:44):
Oh guess who's gonna have a big, huge, big, huge
naval base in that area. And I kept thinking to
myself that song from like about ten years ago, Cake
by the Ocean. Now all of a sudden, big parties
going on there Mediterranean. I'm just the the utter again.
I got a hand it to him. The utter genius
(01:32:06):
behind that announcement is quite frankly, something else, something out
and we're gonna see what's gonna come from it. Not
not to mention as well. Not to mention as well,
is the fact that We talked about how narratives are
built and created here in this country, and we explained
that first hour of the program. They can't do that.
(01:32:29):
Now everything is moving too quickly. Everything is moving too
quickly for the mainstream media. I was thinking about it
the other day, thinking about it the other day because
one of the all time great play by play color
is Dick vitalis coming back to do a game. I
think he's doing Clemson versus Duke. He's been sick for
(01:32:52):
some period of time and again he's again. He very
in books he's written warned about all the problems that
were gonna happen in college sports, and he's been right
on everything. But he said, are a positive guy when
it comes to the sports. You almost need a Dick Vitwel.
To cover the Trump administration, you need a play by
(01:33:14):
play announcer. Could you see it? Listen Dick vi Towel.
Oh my god, it's awesome. Baby Trump and Elon Oh
my god, you see they just cut that they're saving
a taxpayer money. Oh look at a diaper. Dandy's working
for Elon Musk behind the scenes. It would be the
coolest together. That's how you have to cover them. You come.
(01:33:34):
He puts this out here. The media doesn't even know
how to handle it, how to even talk about it.
If you want Joy Reid, you gotta see a Joy
read from MSNBC after he made this. She didn't know
what to say. Her mind couldn't process what was going on.
It was again genius. Gotta take a break. Watch Dog
(01:33:57):
on Wallstreet dot com. Watchdog on Wall Street is our site.
Take advantage of all the great stuff that we have,
our personal CFO program, our podcast, our newsletter, Watchdog on
Wallstreet dot com, or give us a call eight hundred
four seven one fifty nine eighty four.
Speaker 1 (01:34:35):
Teaking Wall Streets, liars, crooks and cheets out behind the woodshed.
You're listening to the Watchdog on Wall Streets.
Speaker 4 (01:34:44):
Hey, how about that? How about that? Yeah, your tax dollars?
Your tax again, I am in I'm in expensive higher
education wheelhouse right now. I got three kids in college
at the same time. Yeah, my eldest is graduating this year.
(01:35:04):
But how about this, how about this your tax dollars.
Your tax dollars were sent to Canadian universities five billion dollars.
That's right, five billion dollars of your money and my money.
Were sent to Canadian universities. Why, I don't know, I
(01:35:28):
have I have no idea. I have no idea. But again,
obviously somebody's getting paid off somewhere, somebody is being taken
care of somewhere. My my thing right now is a
special prosecutor wherever it may be. I would, yeah, I would.
I mean, it's not just a special prosecutor. You got
(01:35:49):
to get an army of them. Trump alluded to it
this past week he was being interviewed talking about kickbacks.
Where is this money really going? And again, I don't
want to see. I don't want to see all of
these cases. I really don't. I just want these people, honestly,
just want to go away. And I would just I
would just say, listen, we're gonna hire you know, we're
(01:36:11):
gonna hire a massive amount of prosecutors. We're gonna be
going after all kickbacks fraud. So anybody you've been involved
in this, okay, you've been involved with this, I strongly suggest,
strongly suggest you leave the country now. I strongly to
just just move to another country. Just get out. That
(01:36:31):
That's what I would do. I said, get out now,
get out now, don't let the door hit you on
the back of the way. We're not gonna come after
you know what, You don't even have to go to
Bolivia or some country with a non extradition treaty. Just leave,
Just leave and don't come back. That's it. It's like
you're exiled that they used to do in ancient Greece.
(01:36:54):
Now you just start You're exiled from the United States.
Just get out anyway. This is funny. I got to
share with you this one. There's there's lots of them,
lots of them. I get them sent to me, you know,
by listeners and whatnot. Because all of these these government
workers government work now government employees. Governmployees are the good guys,
(01:37:17):
are the ones that do the work. Government workers are
the ones that sit on their butt. They're putting out
these things on social media where you can read them
about their worries. Here's one. I don't want to go
back to work. I also don't want to accept the
deferred resignation. What should I do? I work at the
(01:37:37):
US Commerce Department, and work is a whole twenty minute
drive away from my campus, which is too far to walk.
Since my car recently broke down from his campus and
I started saying, Wow, he's going to college. I can't
accept the deferred resignation either, because my father always taught
me to be wary of too good to be true. Clearly,
(01:37:58):
there's an unseen risk on the other side of this deal.
I also have golden handcuffs because I make more than
my peers, and I've worked for the federal government for
a few years so far. I don't know what to do,
but I want to rebel somehow. I'm dependent on the
government for my livelihood and I can't be back listeners.
(01:38:19):
I can't be back in person full time because I'm
also taking classes before I could just join my classes
online while working.
Speaker 1 (01:38:34):
This.
Speaker 4 (01:38:35):
These are the people that you're paying for that I'm
paying for. Yep, yep. Makes me sick to my stomach too.
This again, great story. Trump order, well, he signed it
banning transgender girls women from whatever female sports. I don't know.
(01:38:59):
We've again. I still don't even know how the trans translations.
I don't know the trans translations and pronouns and all
of this stuff. Basically, your hormones have to your hormones.
Your hormones your chromosomes need to match in order to play,
(01:39:21):
which is the way it always should be. My daughter
is an athlete. I think women's sports are fantastic. I
think that the idea that we got to a point
in time where someone thought it was okay to allow
boys to play women's sports. Do do you understand how
(01:39:45):
idiotic that is? I ain't really get it. I mean,
you really have to have a couple wires loose to
think that that's okay. Watch Dog on Wallstreet dot Com
will be back.
Speaker 1 (01:40:16):
This is the Watchdog on Wall Streets.
Speaker 4 (01:40:21):
Why would you look at that? Oh my god, this
is huge, this is this is huge news. Wow, we're
breaking it here on the Watchdog on Wall Street Show. No,
Martin Luther King couldn't do it. Couldn't be done. Couldn't
it couldn't be done. No, all of the Black Live
(01:40:42):
Battle and they couldn't do it. I guess racism is
now over. Racism is now over because after four years,
the NFL is removing the end racism, end zone message
for the Super Bowl. I'm sorry, I'm sorry. You know
(01:41:03):
I always saw that in the end zones and racism,
and then they had those things on the back of
their helmets, and I'm like, are you kidding me? Do
you think that some racist is gonna look at that
message at the end of the end zone as they
be like, that's it, I'm not a racist anymore. That
did it for me. Yeah, it reminded me of two
(01:41:26):
different things. I remember Rush Limbaugh did a bit, and
this is back when he had his television show where
he had like twenty different ribbons on his lapel and
basically saying I care more than everybody else because I'm
wearing all of these ribbons. They actually did a Seinfeld
(01:41:50):
bit about that where Kramer Kramer wants to walk in
the AIDS Walk and they go to give him the
ribbon and he's like, I don't want the ribbon. You
gotta wear the ribbon. I don't want to wear a ribbon.
You gotta wear you must wear it. That's why I
don't want to wear it. And he's participating in the
AIDS Walk and because he doesn't have the ribbon on,
(01:42:11):
he gets he gets beat up. Just honestly. Honestly, these
people that again they don't do anything. People do stuff
to make themselves feel good like they're they're they're participating
and doing something. It's kind of like when these celebrities
as well, it's the same thing celebrities, and well they're posting,
(01:42:33):
posting when they're out there helping people or they're doing something.
If you're going to do something for someone, do it
for them. Jesus the Lily your left fan. Oh, you're right,
You just just do it. You don't have to, you
don't have to shine a light on yourself. Do it
because you want it, because you're supposed to that. That's
(01:42:55):
what human beings are supposed to do. It was it
Megan Markle this past week were words a video of herself.
Oh yeah, I met this little girl and she lost
her pride Joy Billy Ellis shirt. And I contacted with
Adam Levine who got in contact with Billy Els. And
then she's showing the stuff that she's gonna give to
this girl. I just wanted to share that. Why do
(01:43:16):
you have to share that? Well, because you have to
make it about you and making your appearance and your
profile look better. Why don't you just do it without
having to publicize the damn thing. Type of stuff that
quite frankly, yeah, makes me makes me kind of sick
to my stomach. But anyway, this is interesting, This is
(01:43:41):
most certainly interesting. How about this? How about the United
States Army. We've talked about this Armies block. She's recruiting
has been terrible. Can't meet our numbers. December twenty twenty four,
the US Army had its best recruiting number in twelve years,
and from what I heard, more numbers are coming in
(01:44:03):
and it could go back as far as twenty five years.
G G. I wonder why, I wonder why do you
wonder why you think that might be the case. Do
you anything that has anything to do with the leadership
here in this country? Oh? Here, here's one for you
as well. Yeah again, I this story Ebrahm x Kendy Yeah,
(01:44:31):
oh yeah. He was the darling on every program out there. Mister.
He had a center for anti racist research at Boston University.
I got got shut down because it didn't do anything.
That's okay. He collected tens of millions of dollars. Tens
of millions to all of you parents out there, sent
(01:44:53):
your kids to be you. This is what you spent
money on for crying out loud crap like this, no
work whatsoever. Another Black Lines Matter grift. The whole thing
was a scam, one big grift from the get Goat's okay,
Ibram x Candy, he's gonna go to Howard University where
(01:45:14):
he's gonna go out and steal more money. Or maybe
it's not because there's not gonna be into those USAID
grants going out anymore. God willing gotta take a break.
Watchdog on Wallstreet dot com. Watchdog on Wallstreet dot com
again is our site. Become a part of our family
at the Watchdog on Wall Street Show doesn't matter again.
(01:45:37):
We got a personal CFO program. Sign up for that,
our podcast, our newsletter, all sorts of great stuff Watchdog
on Wallstreet dot com, or give us a call. Eight
hundred for seven one fifty nine eighty four. That's eight
hundred four seven one fifty nine eighty four.
Speaker 1 (01:46:14):
The only man who is taking on the Wall Street establishment.
You're listening to the Watchdog on Wall Street with Chris Markowski.
Speaker 4 (01:46:22):
Came holy again, Sleep, I'm sorry. You know these things
you don't know. You know where they laugh, you know
where they cry? Wow, this is high at gift right,
most eighty million dollars that the Clinton's got Chelsea and Friends.
(01:46:44):
Chelsea and Friends through various different US AID groups funneling
their way to the bill, Hillary and Chelsea Foundation grift.
Are you happy about that? Taxpayers? Does that make you happy?
Doesn't make me very happy? How about this one as well? Okay,
and I got I gotta gotta give a shout out
(01:47:06):
to you. Know again, these are left of center journalists,
but that's what they are. They're journalists, whether it be
Matt Tybee, Glenn Greenwald and also Michael Schellenberg. Schellenberger uncovered
all of this and how both the us AID and
the CIA, how they were behind the impeachment of Trump
(01:47:30):
in twenty nineteen. Remember the twenty nineteen impeachment of Trump
saying that he was going to deny the Ukraine weapons
unless they did his bidding when it came to Biden,
and that whole thing was a bunch of bull excrement.
And it's it's amazing to me. You see all the
ties with the Biden family in Barisma, Barisma getting US
(01:47:54):
AID money. I mean, these people are as crooked as
crooked as be. And they again it's just like I
said the Godfather, they just look at you and they
smile at you. A second. I could never be in Washington,
d C. I couldn't do it. I hate going there.
I do I've got to go there. I've gotta go
(01:48:15):
to Washington, d c. Once every two years when my
son plays Georgetown. Okay, my son's in the Big East too,
so once every two years when my son plays plays Georgetown,
I go there. I can't stand it. I always always again.
It's like, you know, like the sixth Sense and the
(01:48:37):
kid from the Sixth Sense could see dead people. I
see criminals, I see grifters, I see crooks everywhere I go.
These are people that will stab you in the back.
These aren't the people that I want to be around.
I feel dirty. I feel every single time, I feel
(01:48:57):
like I gotta take a shower just being around these
types of people. They're the worst of the worst, and
they're running the country. And again, I'll never forget it
next to Tulci Gabbert brought this up during her hearing
when Chuck Schumer Chuck Schumer again, the arrogance this man.
This is back when Trump first became president, talking to
(01:49:21):
Rachel Maddow talking about how wald Trump better be careful
going after the CIA and FBI. Those those guys have
six ways past Sunday at getting back at you. Yeah,
they do. CEA worked with the usaid to impeach Donald Trump. Anyway,
(01:49:42):
this is uh, this is a funny one too. The
uh even pah even pah power plant, if that's what
you want to call it. Where we spent two point
two billion dollars on this bad boy. Yeah, yeah, Obama.
This was one of Obama's babies. Yeah, they're shutting it down.
(01:50:04):
It's supposed to last for over thirty years. They shut
it down after eleven. We gave them a one point
six billion dollar loan that didn't get repaid. Gave him
a five hundred and thirty five million dollar grant, well
that obviously is not getting paid. That was a handout,
tax credits, all sorts of stuff. You know what, if
you're familiar with this plant, we made fun of it.
(01:50:25):
We made fun of because we knew exactly what's gonna happen.
It was basically using mirrors, mirrors to focus energy to
boil water. And what happened was birds would fly by
and they would catch fire mid air. They actually used
they came up with a word. It's called screamers. That's
all it did, is it fried birds? Thanks Obama, you're
(01:50:50):
doing a great job. Botch Dog on Wallstreet dot com
Watchdog on Wallstreet dot Com. Don't go anywhere, We'll be back.
Speaker 1 (01:50:59):
This Kowski is the watchdog of walls. You should believe
(01:51:20):
in math, not magic. You're listening to the Watchdog in
Wall Street with Chris Markowski.
Speaker 4 (01:51:29):
What about kids? It is, uh, the Watchdog on Wall
Street show. Again, Always honored to have you tuned into
the program.
Speaker 1 (01:51:37):
Here.
Speaker 4 (01:51:37):
I'm not done with this. I'm not with them with
this because this power plant stories is again it's such
a teachable moment. Again, I would challenge anyone out there
to tell me something positive that Obama did during his presidency.
Oh Obamacare, Yeah, that's a damn disaster. It's destroying healthcare
here in this country. We've discussed it time and time again.
(01:51:58):
But here we go. Why would they shut this power
plant down other than the fact that it's a mass
casualty event every single day for wildlife. Well, yeah, two
hundred dollars per megawatt hour where the market price is
thirty five in that area. Why would you build something
(01:52:19):
and put something up if it can't compete with the
going market rates. Well, I'm gonna explain this to you.
It was never about really creating any energy. It was
about handing over money to Obama's friends and investors. That's all.
(01:52:39):
Plenty of people have very very nice fishing boats and
nice cars and nice homes because of this, because of
your tax dollars, because you built monstrosity boondoggle in the
desert that fried birds. It's you know, it's a amazing
(01:53:00):
talk to people what it would do because of the
light that was entering. It was like mirrors pointing up
at this thing that would boil water and create steam.
It would attract bugs, and the bugs would go there
and they would fry. But the bugs obviously birds eat them,
would birds would be attracted there, and it was just
a mass casualty event of wildlife every single day. But
(01:53:22):
these people care for the planet, don't you know? And
again this is kind of apropos as well as another
Obama story. You ever see his presidential library that's going
up in Chicago? What is it? Honestly, all you left?
What is it? You left?
Speaker 1 (01:53:39):
This?
Speaker 4 (01:53:40):
And horrible horrible artwork and horrible horrible architecture. This, I mean,
it is piece of garbage. Looks like but honest I'm
from all, I'm from New York. It looks like it
belongs on a sunny Campus in New York. It's out
of Soviet Central Planet longs in Pyongyang in North Korea
(01:54:03):
for crying out loud, and as it turns out, typical
leftist stuff, it can't support its own weight. Oh yeah,
the subcontractor on this is suing and screaming racism because
the structural design firm said the concrete job was no good.
(01:54:26):
The thing's falling apart. And now Obama's in trouble because
all of his his buddies, all of his old donors
are running away from him. They're not giving him the
money so he can compete again. You got to understand
the arrogance. That's something I don't get it here. You're
president in the United States, Okay, you're gonna build this
(01:54:50):
massive monument to yourself. I eat something small, something to
quit hold your paperwork. I even been to the Kennedy
President Dential Museum in Boston. It's not it's crazy. I know,
the Reagan one out in California. It's got a you know,
an Air Force one there. But this these massive monstrosities,
(01:55:14):
I don't know. That's just not not my wheelhouse anyway.
Say the weld baby, Yeah, I've talked about this before.
Ah and as a kid. As a kid, I you know,
my aunt bought me a subscription to National Geographic magazine.
(01:55:35):
And I don't get the regular National Geographic. I didn't
know if there's still in printing more. But I get
National Geographic History. And I remember I got this National
Geographic when I was a kid, and it had like
this some whale record, this vinyl thing in the middle.
It this whole nat Geo Africa on whales and this
whale this final thing would play the whale songs and
(01:55:55):
this whole thing and how they communicated. And I was
fascinated by the entire thing, and I've always loved them.
So I hate Sea World. I can't stand. I get
keeping whales and uh well, I don't care whether it
be killer whales doesn't make any difference dolphins they don't belong.
Then there let them go free, willie. But anyway, Shell
is now abandoned. It's whale killing wind project and writing
(01:56:17):
off a billion dollars, got another company abanding it's a
two hundred and fifty million dollar plant to make subc
cables for all of these windmills that would have wrecked
the seafloor. And then you got another wind project in
Maine that is on the ropes, and you got the
big European windmill company that's also going down as well. Fantastic,
(01:56:42):
save the whales. I can't stand those stupid ass windmills.
I can't stand them. They're ugly, they're used, they don't
do a damn thing. There's another example of left wing
virtue signaling. Look we put a windmill. Schmuck. I again,
(01:57:04):
why would you do that?
Speaker 1 (01:57:07):
Why?
Speaker 4 (01:57:07):
And you, I mean no studies you know that, how
how whales communicate and so of you know what this
was gonna do. Why would you do that? Again? I'm
the I'm an environmentalist, but I'm an actual environmentalist. I
want to save habitats. I want to yeah, I want
to clean up the environment as well. I'm well aware.
(01:57:30):
I'm well aware the environmental devastation that's going to take
place if you try to electrify the entire country and
you gotta use lithium batteries. We just watched the fire
take place out of Monterey, and they talk about a
story that got buried by the mainstream media. That got buried.
You have no idea. They're not even reporting on that.
(01:57:51):
The environmental devastation that took place. The largest battery plant
in the country they're in Monterey, caught fire and a
type of pollution that got spewed. And that entire area
is farmland where we're buying our vegetables from what got
poured into the ocean. And California needs another eighty of
those plants to electrify. Anyway, I'm just getting warmed up.
(01:58:15):
That's three hours already. Holy schnikies. Anyway, God bless everyone,
have a wonderful, wonderful week. Watchdog on wallstreet dot com
our site again become a part of our family. Watchdog
on wallstreet dot com. We'll see it.
Speaker 1 (01:58:35):
You're listening to the Watchdog on Wall Streets.