Watchdog on Wall Street: Podcast for Weekend of February 14 - February 15 2025 - Watchdog on Wall Street with Chris Markowski

Episode Transcript
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Speaker 1 (00:07):
Well, no one altered investment banking, consumer advocate, analyst trader
Chris Markowski is the watchdog Wall Street. Do you want
to answer exposing the lines and myths that the big
brokerage firms, the mainstream press, and the government are pushing
to keep Americans away from financial freedom.

Speaker 2 (00:28):
You can't handle the truth.

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

Speaker 3 (00:35):
Ladies and gentlemen. We're not here to indulge in fantasy,
but in political and economic reality.

Speaker 1 (00:39):
This is the Watchdog Wall Streets.

Speaker 4 (00:44):
Over the years here on the program, I've I've talked
about I bring up various different characters and mythology and
biblical and historic characters. I assist. I always bring up,
you know, pushing the rock to the top of the
hill for attorney and it just rolls right back down

(01:08):
on top of them. And that's that's been our battles,
that's our cross to bear here at Markowski Investments in
the Watchdog on Wall Street Show, as we try, we
try very very hard to warn people about what's common

(01:30):
pitfalls issues, government spending, investment scams, you name it, We've
called it over the past twenty five years and I've
gotten much better. I really have. I've gotten much better.
In my earlier, my infancy in this program, i'd actually

(01:53):
yell a lot more than I do now. I carry
around my frustration with me all the time, and quite frankly,
wasn't healthy. It wasn't help, it wasn't good, you know,
just being angry about in essence failing. You know, I
want to call it, you know, warning people about what

(02:15):
was going to happen, warning people about, you know, stop
buying preconstruction condos, warning people about all of these dot
com companies that were gonna fall, whatever it may be,
whatever the scam, warning people about Bernie Madoff, warning, warning, warning, warning,
warning about government spending. We're gonna get into that in
a bit, and more often than not not heeding my warning.

(02:37):
I've learned to live with the fact that there's only
so much that I can do. There's all again, it's
it's much. It allows me a little lot more peace,
quite frankly, that there's only so much I can do.
But I am going to continue to try. I am

(02:58):
going to continue to to to get in front of
the microphone every single day, like we do on our
podcast and also here on the radio show and try
to wake people up. But I do believe, I do
believe we are at a bit of an inflection point

(03:18):
here for this country. It's been and not even that
long in the making. When it comes to government spending,
it's about twenty five years in the making. And this
is it. This is it. Either we deal with the

(03:41):
the injustice that is rotting away our house. Our house. Okay,
let's think of our the nation. This is our home,
the United States of America. Did you ever take a
couple of steps back and actually think about how blessed
we are geographically to oceans protecting us, all of the

(04:08):
natural resources that we have. We are blessed in so
many ways, but we've lost our way. We have lost
our way in many different ways. But watching right now
and witnessing what is taking place here in this country,

(04:31):
watching watching these people get in front of a microphone
and sing songs and make ridiculous speeches in front of Congress,
going after government waste, essentially theft, theft from the American people.

(04:56):
It's hard. I'm trying very very hard to keep my cool,
very very hard to keep my cool because it's it's disgusting.
How wan anybody think about this, for say, the type
of potential we have as a nation, Think about the potentially,
think about the waste. What's your name there? They'll deliberal

(05:18):
on Fox News, tarlof, what's fifty billion? Fifty billion dollars
is no big deal? Are you kidding me? Did you
know what fifty billion dollars in the hands of somebody
knows what to do with fifty billion dollars? Did you
know what could be created with that? Do you know
the type of jobs that could be created with that?
It's amazing. It's it's like giving an artist clay, but

(05:43):
they're taking it and they're pocketing it for themselves. You
take a look at these people. We're you know, oh,
Elon Musk is the richest man world. Let me ask
you a question. Would you rather have people that are
actually accomplished in life, wealthy, built things, built things, created

(06:07):
things in their lifetime go and serve the government rather
than people who've done nothing nothing except backstab, lie, cheat,
steel again politicians, liars and cheats, Republicans, Democrats, both of
them who go into government all of a sudden, making

(06:29):
one hundred and fifty one hundred and eighty two hundred
thousand dollars a year. That wow, crash, bang, boom pow,
all of a sudden, they're worth twenty thirty one hundred
million dollars. Is that better? Is what you're saying. Do
you think that that's a better system because that's the
system we have right now, that that's what we're dealing

(06:52):
with that? Do you have to take a look at
the type of money that these people have in Washington's
Do you ever ask yourself the question where did it
come from? Samantha Power one hundred and eighty thousand dollars
a year, All of a sudden, she's worth thirty million dollars.
Nancy Pelosi salary two hundred and twenty three thousand dollars.

(07:12):
She's worth two hundred and two million. Mitch McConnell two
hundred thousand dollars. He's worth ninety five million dollars. Chuck
Schumer two hundred and ten thousand dollars a year, seventy
five million, Elizabeth Warren two hundred and eighty five thousand
dollars a year, she's worth sixty seven million. I happen
to think that we do a pretty damn good job
by our clients building wealth. We've been doing it for

(07:35):
over thirty years. I tell you right now, I've never
done anything like that, not even close. And again, it's
right in front of our faces. It's been right in
front of our faces for decades now. I've been yelling

(07:56):
and screaming about it. Rand Paul's been yelling and screaming
about His father was yelling and screaming about Tom Colburn
was doing it, certain others, but for the most part, nobody.
Alexander Solnitson, who was saying the victim of the Soviet Gulag,
he wrote books about it. I'm paraphrasing him right now.

(08:18):
We know that they're stealing, They know that they are stealing.
They even know that we know they are stealing, but
they're still stealing. I went back, So we went back.
These are columns that I've written over the past twenty

(08:42):
five years. I went back to March of two thousand
and six column I wrote entitled to Return the Blob,
And in this column I was kind of reminiscing when
I was child. My father used to bring home a
school teacher would bring home real to real project from
the school on the weekends, and he was great. We'd

(09:04):
make popcorn and you could actually take movies out from
the public library and we'd watch old horror movies at home.
And I remember watching Steve McQueen's The Blob. This is before,
you know, before DVDs and tvOS and you know what
we have now streaming. And again the Blob was bloated

(09:25):
by the blood of its victims. And right now you
take a look. And this is the concept behind the
column that I wrote back in two thousand and six,
the size of the government and the bureaucracy growing and
growing and growing, and nobody doing a damn thing about
it either side of the aisle. Wrote a column back

(09:48):
in September two thousand and nine. I was on vacation.
I was on vacation with my family in Greece, and
I was going with my wife's cousin to the Greek
National Museum and Athens and his smart kid, and we
were talking history and you know, I'm debating Roman and
Greece and all this stuff, and he's, you know, again,

(10:10):
it's unbelievably take a look at the history there. And
I cracked a joke. I cracked a joke. And again,
this is two thousand nights, right before the Greek financial
crisis and things were getting looking a little rough there,
and I said, Okay, that's great, Stavro, but what have
you guys done for us lately? And after I said it,
I distinctly remember it. It's like, you know, you say

(10:32):
something I wish I hadn't said that. It's like it's
a bad karma. And I started thinking about the United
States and what our situation was and the spending that
we've had gone on our country and this we're coming
out of, you know it, were still in the financial
crisis and the issues that we had going forward, and
I worried about, you know, what are we going to
be like Greece? Are we going to be an empire

(10:55):
that falls apart because of all of the things that
we're doing. Fast forward another column I wrote in July
of twenty ten, invasive, profligate and economically illiterate. This you
know what was going on at this point in time.
Do you remember the whole Simpson Bulls Commission that was
taking place, the deal that was cut between Barack Obama

(11:17):
and John Bayner at the time, and they actually put
together a compromise, a plan, and you know what, it
was rejected by both sides. Both Democrats and Republicans rejected it. NA,
now we're not gonna cut spending. We like all of this, then,

(11:39):
you know not long on twenty sixteen or column entitled
Wasted Talent, using a line from the Bronx tale, the
saddest thing in life is wasted talent. And that's what
we're doing. That's what we're doing. We are wasting. We
are wasting our talent to this class of people, parasites.

(12:05):
And again, I wanna get this through everybody's head. Okay,
don't don't don't frame this, don't frame this as Democrat.
Don't frame this as Republicans, because I tell you right now,
I know for a fact, I know for a fact
you'rs gonna be massive, and it's happening right now. Republicans
are working behind the scenes with Democrats to stop dose,

(12:29):
to stop this, because this is how they are going
to get wealthy. This is how they are gonna get rich.
These are talentless losers in Washington, DC that do not
build or create anything like you and I do. We
the people that have to get up for five o'clock

(12:51):
in the morning every day, busting our butt, putting food
on our table, but also putting food on the table
of the people who work for us. We're the ones
that make this country great. This should be a slam dunk.
The entire nation should be behind what is going on

(13:12):
and what is being exposed. But they're trying to deflect
it again, the whole everything that we've been teaching you
the Watchdog on Wall Street Access of Evil. Before everybody
even used the phrase deep state, we were telling you
here on the program, big business, politicians, media working hand

(13:33):
in hand to keep their position. How do you think
they get so darned wealthy? See them with their fishing
boats and their skihouses and their trips and all this
stuff they didn't earn that you paid for it. Do
you understand you should be nauseous. You paid for all

(14:00):
all of their stuff. They just lie to you and
they steal from you, and we're supposed to bend over
gephn Bacon Animal House. Thank you, sir, May have another?
Thank you, sir? May I have another? You know, people

(14:23):
used to go It wasn't always this way. It wasn't
always Harry Truman. What about Harry Truman? A little bit,
Harry Truman left the White House, had to move in
with his mother, in law had to move back in
with his mother in law. He didn't take a pencil,
he didn't take stationary from the White House because he

(14:45):
didn't believe, and rightfully so, and rightfully so, that you
should profit from your service. Do you do you understand
this is what the Founding fathers wanted? Did they think
the Founding Fathers wanted career probably politicians, or did they
want people? Did they want people to leave their jobs

(15:05):
for a period of time, go and serve and then
go home, go back to the farm, go back to
their law, whatever it may be. That's what they wanted.
And again I said this for a long time. Every
dollar made by a former politician or civil servant, thanks
to the fame and the connections that they got, that

(15:28):
belongs to the taxpayer. Again, how do you think these
people got the money? They don't own any businesses. This
is this has to stop, people, and it's up it's
up to you. It is again, I'm I'm trying. I
have been trying for decades. And again, am I encouraged

(15:52):
by what I see? Am I excited? Yes? But but
I know the fight. I know what's going to happen.
I know that you know you're You've got you know,
Republicans behind the scenes that are, oh, this is great,
this is fantastic, and they're gonna they're gonna thwart this.
You'll get something coming up. Well, we can't shut the
government down, and this is what the Democrats want, and

(16:13):
this is compromise. And they'll keep doing the same thing
and they'll keep stealing from you. I mean, what do
you do people, I mean, think about it. You're going
to work every single day and the person in the
office next to you comes into your office and you
know it, you know it, they know it, and they
know that you know that, they know it that they

(16:34):
just take money out of your wallet or out of
your pocketbook. This is what we're dealing with people. This
is what we have. Anyway, a lot we got to
go from the program today Watchdog on Wallstreet dot com.
That's the place you need to get to. I invite
you become a part of our family twenty five years

(16:55):
now on the air's three decades plus for Markowski Investments,
personal CFO program, our podcast, our newsletter, Watchdog on Wallstreet
dot com. Or give us a call eight hundred four
seven to one fifty nine eighty four that's eight hundred
four to seven one fifty nine eighty four.

Speaker 2 (17:15):
I was chairing you know list and now I was
loving when the.

Speaker 1 (17:19):
Words bringing America financial freedom one listener at a time.
You're listening to The Watchdog on Wall Street with Chris Markowski.

Speaker 4 (17:41):
Looko back, everybody, it is the Watchdog on Wall Street Show.
And again, if you're new to the program, here listen.
We're here to help everyone out. I've got to make
this this very very clear. Again. I was share conversation
my my youngest sons of freshmen in college, and he's

(18:01):
still trying to figure out. He doesn't know. Again, he's
a kid. He doesn't know what anybody wants to be,
but he knows he knows. He says, I just want
to be able to help people. And I sat down,
I talked to him. I said, listen, Nico, there is
a million different ways that you can help people in life.

(18:22):
You can be a school teacher and you can help people.
You can do you can be a doctor and you
can help people that there's so many different things. You
can own a business and you can help people by
providing a wonderful service. But not only that. You create
a business and you employ people, you create jobs, You

(18:42):
help people to put food on the table. And this
is one of the underlying beliefs that we've always had
at this firm. And I've explained this before. We help everyone.
We don't show anybody the door at Markowskin Investments most
sec registered investment advisories. You got a minimum? No, sorry,

(19:06):
you don't have you don't have five million, you don't
have ten million. Sorry, go work with the yoga. Local
broker down at the corner doesn't know what he's doing. No,
that's that's not who we are. We help everyone. There's
no velvet rope here. And again this invite people. Get
to our website, take a look around, sign up for

(19:28):
our personal CFO program. Most people, I don't know. I
don't know what to do. I don't know how to
handle the state. I don't know how to handle lawyers.
I don't have any accountants. My portfolio is a mess.
This is what we do, and you're going to learn
over time. This is what we do. We are going
to make money slow. Everything in life that has meaning,

(19:49):
value and worth involves work, time and effort, whether it
be navigating financial storms, corrections, volatility. That's what we're here
for and again I invite you all as well. Our
podcast every single day I'm doing three four, five, six,
depends on the day, various different topics out there where

(20:09):
you can learn again, become a part of what we
are here at Markowski Investments. Get to our website Watchdog
on Wallstreet dot com. That's Watchdog on Wallstreet dot com.
Or give us a call eight hundred for seven to
one fifty nine eighty four. That's eight hundred for seven
to one fifty nine eighty four. Don't go anywhere and

(20:30):
we'll be back.

Speaker 1 (20:40):
Chris Markowski is the Watchdog on Wall Street, taking Wall

(21:03):
Streets liars, crooks and cheets out behind the woodshed. You're
listening to the Watchdog on Wall Streets.

Speaker 4 (21:14):
Put them back, everybody. We're gonna take a little trip
down memory Lane. I saw the story this past week
and I'm hopeful again. Another thing to be hopeful about.
And they're talking about the United States IPO market and
it's so public offering and how it needs saving and

(21:36):
they're deciding whether or not that the new head of
the SEC, Paul Atkins, is going to help push us
in the right direction. Now again, I'm going to talk
about memory Lane. Going back when I was a kiddo
in this industry, back in the nineteen nineties, everything was different.
It was better, okay, nineteen nineties. It was much better

(21:59):
for the individual investor. And I know many you're like,
what are you talking about? There are no Robin Hood
back then. How could it be better? It was better, Okay,
It was better in the sense that there was a
lot more competition and the individual investor had access you
don't today. You don't have access to new and up

(22:24):
and coming companies. You just don't. Back in the nineteen nineties.
Guess what you could have gotten involved in Amazon and
Google all these other these upstarts that are here today.
At the bottom. It changed, first and foremost, they decided
to in essence, wreck Wall Street by repealing Glass Steagle.

(22:47):
And this is where we ended up. This was before
we used the phrase too big to fail. Well, they
too big to fail actually started when they repeeled Glass
Steagle and they allowed all of these financial supermart markets,
and they blurred the line between investment bank and commercial bank.

(23:07):
There was so many investment banks on Wall Street at
that period of time. I was tons of them. DLJ.
Brown Brothers. They were everywhere cal There were companies out
there and you could go and you can have an idea,
and you could have find an investment bank that would
finance it, and they would sell stock to the American public.

(23:29):
What changed, Well, again, I do believe that this was
by design. I started seeing in the nineteen nineties because
again it was a go go error. There was a
CNBC was on every television, every pizza parlor, No, that
pizza parlor I'm showing, made any place you walked into, Jim,
every television, CNBC, dot com, dot com, dot com dot com.

(23:51):
And I knew it was gonna end badly. I knew
it was going to end badly because everything was going
up and all of these Wall Street firms they didn't
you know, there's like people are buying it, We're gonna
sell it. And people kept buying all of these companies.
And I remember I had a desk. My desk, I
had a stack of prospectives. Is I mean, how to

(24:13):
be like three feet high? And I'd go through these things.
I look at it for like five minutes of garbage, garbage, garbage, Well,
this one might be interesting. Most of them were garbage.
That's true. However, at least you had the opportunity to
say yes or no. It's the same thing today, except

(24:33):
guess what you are buying in at a ridiculous valuation.
After the collapse of the dot coms, George W. Bush's president,
and we're gonna sign sarbines actually into law. And what
happened then, well, basically made it very, very expensive and
very difficult to list your company publicly. You go back,

(24:58):
you take a look at the amount of company that
traded publicly back in the nineteen nineties compared to today.
You can't. You can't thousands and thousands and thousands more.
Not that we don't have companies today, they just aren't
locked up with venture capital companies that slowly but surely,

(25:18):
over an eight to ten year period of time, find
rounds of financing lever these things up. Then what they
look to do is to sell it on you after
they've topped out on the darn thing. In essence, it's
the same scam and the same racket that was pulled
off by the boiler rooms, except they do it over time,

(25:39):
and it's a much bigger scam, much bigger than anything
that they were doing back then. And that's what it's
become we need to get rid of all that. We
need to get rid of all that because what we're
looking at right now, and again I've talked about this here. Honestly,

(26:01):
it scares the crap out of me when it comes
to individual investors. Advertisements everywhere. Wall Street Journal doesn't make
it everywhere selling the latest fund out there. Every mutual
fund company out there has got some sort of alternative investment,
alternative investment, private equity, venture capital fund where you can

(26:23):
get involved. You can get involved. You should have gotten
involved maybe five years ago, eight years ago, ten years ago.
You don't even know. You have no idea. They price
these funds and what's in them based upon their best estimate.
There's no market for any of this. At least when

(26:46):
they went public, you could get out, you could sell,
you'd know what the market value was, because there what
it would trade. Every day. You have to go based
upon their word. And now you gotta go based upon
their word. They're charging you. They can put whatever valuation
on whatever they have in their poorfolio, whatever they'd like,

(27:09):
and then you're gonna buy it, and you're gonna trust them. This,
my friends, it's not gonna end well, it's just not
going to end. Well, there is a venture capital apocalypse
that's coming, and quite frankly, I think it's happening right now. Again,
I've seen this movie before children, I watch how Wall

(27:32):
Street operates. Okay, I know what they're up to. They're
looking for greater fools, and that's you. Don't be a
greater fool. Get the help you need. That's what we're
here for. Watchdog on Wallstreet dot com, Watchdog on Wallstreet
dot com, our personal cf all program, all sorts of

(27:55):
great stuff. Watchdog on wallstreet dot com. Or give us
a call eight hundred four seven one fifty nine eighty
four code cold Data bare.

Speaker 1 (28:18):
This is the Watchdog on Wall Street.

Speaker 4 (28:28):
I think about the venture capital alternative investment apocalypse that's coming.
And because of the business that I run, phone calls
emails from these various different fun companies all the time,
and I just have to ask them a couple of questions,
and they don't know where to go. They don't know

(28:51):
where to go. I had simple things like, well, isn't
it true, I asked them, isn't it true that you
know many of these great, great deals are being bought
up early by family offices? Well? Yeah, but Uh, no again, people,
you're getting the crap again. I've called it before a

(29:14):
demonic game of musical chairs, and as an investor, I
recommend you not play. Here's a great again. That's my
favorite finance movie of all time. Margin Call. They got
Jeremy Irons in this one scene and he's arguing with
some of the people at his firm. He's the CEO,

(29:36):
and they're like that you know that. He's saying, we
got to unload all of our mortgage backed securities. Is
about the financial crist We've got to get rid of
all of that. And they're like, we do that, we're
gonna wreck the market. What does it say who we're
selling this to? And he says, we're selling to willing
buyers at the current fair market price. See at least
that he wasn't wrong. Okay, there was a market for

(29:59):
mortgage back securities. They're tradable. What you're buying. This is
not even the current fair market price. It's whatever they're
saying the fair market price is, which is insane in
of itself. And again, it's something you eat, something you
have to avoid people. I want to share with Everybody's

(30:19):
something real quick here. We got a short segment. This
is from Leonard da Vinci. Iron rust from disuse. Stagnant,
water loses its purity and in cold weather becomes frozen.
Even so does in action sap the vigor of the mind.
So we must stretch ourselves to the very limits of
human possibility. Anything less is a sin against both God

(30:44):
and man. Something we like to talk about here often
about finding what your talent, what your ability is, and
going out there and building and creating. It is also
something again I like to remind people when it comes
to retirement. Don't don't cut back on your hours, work less,

(31:05):
find something else to do. The notion of retirement. It's over,
okay in the the the old way of thinking things.
Do not check out on life. Watchdog on Wallstreet dot Com.
Watchdog on Wallstreet dot Com again.

Speaker 5 (31:25):
Become a part of.

Speaker 4 (31:26):
Our family, the Watchdog on Wall Street family, personal CFO program, podcast, newsletter,
all sorts of great stuff Watchdog on Wallstreet dot com
or give us a call eight hundred four seven one
fifty nine eighty four.

Speaker 1 (31:43):
You're listening to the watch Dog on Wall Street, the

(32:04):
only man who is taking on the Wall Street establishment.
You're listening to the Watchdog on Wall Street with Chris Markowski.

Speaker 4 (32:15):
Yep, I'm here in the rumblins, the rumblin, rumblin, rumblin.
A we're gonna have a recession this year? Is there
going to be a recession in twenty twenty five? Again,
people don't fear the recession, all right, don't fear recessions. Again.

(32:36):
This is what we try to teach here. You navigate,
You navigate financial storms and corrections, and if you have
a proper, properly balanced portfolio, what we'd like to call
an anti fragile portfolio, the shocks, the shocks your portfolio

(32:57):
is going to take from a recession, you're going to
them out on the other side better stronger. I've made
the argument over the past couple of years that, again,
I think the GDP numbers here in this country are ridiculous.
They are because so much of our GDP is based

(33:18):
upon government spending, which means, hey, we're just gonna borrow
and we're gonna print money and we're gonna spend it.
And wow, look at that. We're digging potholes and we're
filling them in. And we got mines in Pennsylvania where
we got seven hundred workers down there doing what I
don't know. Is it Gringott's Bank, I'm as sure, but
a myriad of things out there which are useless, but

(33:41):
it shows up in the GDP numbers. So, in my opinion,
for all intents and purposes, we've probably been in a
recession a few times over the past couple of years now.
The real definition of a recession, and it gets called
by the National Bureau of Economic Research in Cambridge, is
two quarters of negative economic growth. And it actually happened

(34:05):
what was it three years ago, two and a half,
three years ago, and they didn't call it. They didn't
call it, and agin, I want to remind everybody the
Great Recession. The NBER didn't call that until a year
after it happened. Everybody is always in search of a recession.
Recessions are not bad things, despite what everybody's telling you.

(34:28):
Recessions throw the darnfault, okay. Recessions are like the lymphatic
system of the human body. Time to clear out the gunk.
I'm gonna get gross here, the pus within our system
that has collected that's been around zombie companies. It needs

(34:50):
to happen. It needs to happen if we are going
to run companies into the ground. If we're going to
borrow money and spend it on nonsensical things, that's what
it's all about. Do they have to happen, No, they don't.
But are we do? Sure? Sure? Does it frighten me?

(35:12):
Does it change the way that we're doing things at
Markowski Investments and all? No? No, And here's a shocking
bit of news for you, believe it or not. During
recessions the stock market actually outperforms. Why well, it's predicting
coming out of it and being a boom. And sometimes again, people,

(35:33):
you have to take a couple steps backwards to take
a few steps forwards. We have a lot, We've got
a lot to deal with, a lot of Like it
started the show off today, we've got a lot of
rot in our house as far as the economy is concerned.
A foundation again, our Declaration, our constitution, capitalism. Yeah, we

(35:56):
follow that. That's strong, that's a foundation. But we got
to get the rot out. And if we have a
recessions year, would I be surprised?

Speaker 3 (36:04):
No?

Speaker 4 (36:05):
Would I care in the slightest No, Our portfolios will
be just fun. Anyway. I want to talk about inflation
a little bit here, Ah yes, we have the numbers
there CPI PPI, Oh my god, Puster Poindexter Hot Hot, Hot,
flations hot. And it didn't take long. And I again

(36:29):
another see I told you so a moment. I told you,
I told you Democrats are gonna start blaming Trump at Trump,
look at it. Look at the price of eggs.

Speaker 5 (36:38):
Tis fault.

Speaker 4 (36:38):
Look at the price of all this stuff. He said
He's gonna bring inflation down right again. I I knew
this was gonna happen again. Honestly, it was Trump's fault
during the campaign to say that prices were gonna come
down right away. There's no way it's gonna take time.
There's there's no way we we have been like try
to say again, you've been you've been, not even in act.

(37:00):
If you haven't worked out for ten years and all
of a sudden you're gonna go to the gym in
a week and you're gonna all of a sudden have
a six pack, doesn't work that way. We've got a
lot of work to do. Not to mention the fact
this was January's numbers and Trump did get sworn in
on January twentieth, But quite honestly, I don't think they're
going to get better. Just little perspective here. These are

(37:24):
just the price increases over the past four years. CPI
medical care up nine percent, apparel nine point three, new
cars up nineteen, use cars up twenty one point five,
food at home up twenty three, shelter up twenty five,
food away from home twenty five, electricity up twenty nine,

(37:47):
gas utilities up thirty three percent, gasoline up thirty five percent,
home prices up forty percent, transportation up forty three percent,
fuel oil up forty four percent, auto insurance up sixty percent,
and an eggs dozen eggs up two hundred and thirty
eight percent. And I eat a lot of eggs. People,

(38:10):
we've done this to ourselves, you know again watching the FED,
the FED chairman this past week and speak in front
of Congress again, how many how many people they got
working at the FED? I don't know, I don't know
how many PhD economs wrong on everything.

Speaker 6 (38:28):
They just lowered rates one hundred pieces points and it's
going in the opposite direction.

Speaker 4 (38:34):
And we said right here on the program, I don't
know why he's lowering rates. These inflation numbers are pretty
darn hot. Well, we know why it was politics. They
wanted to get by and elected. They're wrong all of
the time. I just want to put this into perspective
for you to show how our government financing works. Fifteen
years ago, the United States had a sixty six billion

(38:54):
dollar ten year bond February of twenty fifteen two percent coupon. Well,
you know what, They've got to roll that over now
because it's come due and I gotta borrow another sixty
six billion dollars, except you know what, the interest rate's
gonna be about four point six percent cost him what
us another one point seven billion dollars a year in interest?

(39:18):
Watchdog on wallstreet dot com. Watchdog on wallstreet dot com.
Don't go anywhere, We'll be back.

Speaker 1 (39:31):
Chris Markowski is the watchdog on Wall Street. Well, no
one alter investment banker, consumer advocate, analyst, trader. Chris Markowski

(39:56):
is the watch dog.

Speaker 4 (39:57):
On Wall Street.

Speaker 1 (39:58):
Do you want to answer exposing the lies and myths
that the big brokerage forms, the mainstream press, and the
government are pushing to keep Americans away from financial freedom.

Speaker 2 (40:10):
You can't handle the truth.

Speaker 1 (40:12):
Bringing America the truth about what really happens in the
financial world.

Speaker 3 (40:16):
Ladies and gentlemen, we're out here to indulge in fantasy,
but in political and economic reality, this.

Speaker 1 (40:22):
Is the watchdog on law schools.

Speaker 5 (40:26):
What a backer man.

Speaker 4 (40:30):
It's come down to this for me, it really has.
And again I am as open minded as open minded
can be. I like to have socratic debate, but there's
just certain truth. There's a truth in the world, and

(40:50):
some things are just not debatable. Two plus two equals four.
And this is the reality of what's going on right
now in our society. If you are anti Doge, if
you are against what Elon Musk and the President of
the United States are doing right now, you're either you're

(41:16):
either an absolute idiot. You're an ignorantmus you are an
ignorant fool. And my opinion, in today's day and age,
modern society, you don't have an excuse. Everybody's walking around
with a smartphone. You can do your homework. Okay, it's

(41:37):
not an excuse anymore. There's no excuse to be an
idiot none. You're either that or you are a complicit liar.
Is it my being harshy? I guess, I guess. But again,

(41:58):
there's no spoonful of sugar make the medicine go down
here on the program, never has been. It's either one
or the other. You are just beyond you're gonna no
IQ or you are a complicit liar. You are a
part of the big club, as George Carlin would say,

(42:19):
or as I would say, the watchdog on Wall Street,
Access of Evil. You are a part of the parasite class.
And you know it. You know it, and they're scared
right now. The parasite class is scared right now. But
you do know, do you know that the record amounts

(42:42):
of searches Internet searches in DC for criminal defense attorneys.
I'm not kidding record amounts. This is where it is.
I people, my entire life, I disdain injustice. I shared
a million different stories throughout my life. Now I am

(43:05):
I'm well aware, okay that life is not fair. Life's
not fair. It's okay. You got to accept that. There
was a great comedic skit with Louis c k and
his daughter and she didn't get a popsicle, but his
other daughter did get a popsicle and she's upset about it,
and you know, it's not fair, and he's like, I

(43:26):
don't even know what that means. He's like, you know,
sometimes you're gonna get stuff. Sometimes it's just not fair.
But this has nothing to do with fairness. This has
to do with injustice, and that's where we're at right now.
You can't make these stories up, you really can't. I

(43:48):
if there was, if there was somebody writing a script
for a television show for Netflix or for network, and
it was just about incompetence in government, in government waste,
and they're sitting around and they're right. They got a
bunch of writers. They're working there, and they're like, I
got it, I got it. We put the entire retirement

(44:13):
system for the United States in a limestone mine shaft
in Pennsylvania, and the mind shaft only worked so quickly,
so they can only process so much. It's all done
on paper. And the people working down there in the

(44:33):
mine shaft get around the mind shaft on tricycles, they'd
be like, how many gummies did you take?

Speaker 2 (44:42):
Man?

Speaker 4 (44:43):
How many gummies did you take? That's ridiculous. We couldn't
put that in a television show. No, but it's real
life again. I thought I had the I thought I
had the one last week, the one dozed in that
they found where they were testing flavor flavored cigarettes on
trans people, alphabet people out there. Pentagon. Pentagon spent a

(45:12):
billion dollars to audit itself one billion dollars to conduct
an audit that it failed. Who got that money? Who
got that one billion dollars to conduct that? Why did

(45:35):
it cost that much? Department of Agriculture nine million dollars
for Central American Gender Assessment Consultant Services, Brazil Forest and
Gender Consultant Services, and Women in Forest Carbon Initiative Mentorship Program.
Now you do know that that money was just stolen, right,

(46:01):
you do know that. You know people were just Again
it goes. You got all of these groups, all of
these NGOs, they all exist within a five to ten
mile radius of Washington, DC. They take most of the
money and they'll maybe send some pennies here and there.
And this is how they send their kids because all
these government workers, their kids don't go to public school Again,

(46:24):
yeah money, nobody's going to public schools in and around DC,
in Baltimore, they're just not okay, they're all going to
private schools. They got to pay for all that. How
about the Department of Education And this is right out
of the movie Office space. Department of Education paying somebody

(46:47):
one point five million dollars to watch the mail. Oh
you think I'm making it up. They actually went and
asked around, what does this person do a lot and
right an office space? What exactly do you say you
do here? And nobody knew. Nobody knew. You know what

(47:09):
they've done. What all these tech guys have done, is
they've gotten in and they've figured out the scam. They
figured out and this is why all of these government
workers are freaking out because they just would write checks
to whoever they wanted to send it out here, there
and everywhere. No checks and balances on our money, our

(47:30):
tax dollars. Do you understand? I'm sorry. This is a
whole another level of evil. I hope they're all unemployed.
They deserve it. They've been stealing from us. This is worse,
This is bigger way. It makes the mafia look like

(47:50):
a bunch of pikers. For crying out loud. Treasury Department,
think about this at the worst when it comes to
the private sector, sometimes you're dealing with payments and waste
and fraud. It comes in at less than three percent
the Treasury Department. The Treasury twenty four percent of their

(48:11):
budget is just lost, twenty four percent of the budget
is lost. But yeah, no, no, no, no, no, no, no, you
get these these the Chris Coons from Delaware. Again, look
at his resume. That hasn't done a damn thing his
entire life, nothing zero except work in government. Chris Coons senator,

(48:31):
he's a senator, he's he's got no resume outside of
working in government. Goes on TV. Yes, it's a great,
it's smart to send twenty million dollars to produce sesame
street in Iraq? Are you out of your mind? You
had your mind? Listen, I what was yesterday? This? This

(48:55):
one was, this one was blew me away? Who did
they have there?

Speaker 3 (49:01):
Oh?

Speaker 4 (49:01):
Was Tim Burchett. Tim Burchett was talking to Heywood Talcove. Okay,
and it is you guys doing some of the work
right now, trying to find out where all the fraud is.
And he has how much money do you calculate is
wasted due to fraud, waste and abuse in the entitlement
programs each year? Title, SOCLI, Security, Medicare, Medicaid. And again,

(49:25):
what is the left doing right now? What are these parasites?
What are these lying lying lizer? I mean again, the
lowest forms of I'm sorry people, and again, God forgive me. Okay,
I'm trying to keep my cool here, but at some
point in time, you know what you're doing. Repent, Repent,

(49:49):
You're in the wrong. What you're doing is awful, what
you're doing is evil. Can't you see that one trillion
dollars a year waste, fraud and abuse. All they need
to do is put in front end identity verification, eliminating

(50:12):
self certification, monitoring the back end of the programs that
are providing the benefits. We are sending money all over
the globe, a trillion dollars. I talked about that column
that I wrote Invasive, profligate, Economic illiterate. I wrote that
we were fourteen trillion dollars in debt. We are thirty
six trillion dollars in debt. We can knock this out.

(50:38):
Do you understand what we could be capable of doing
as a nation. But again, being honest with everybody, got
to be truthful. The mainstream meetia is against it. Now.
Wall Street Journal hates this. Wall Street Journal. Oh it's conservative,

(50:59):
it's a Wall Street Journal. No it's not. No, it's not.
It's not a conservative publication. Okay, you take a look
the people that are writing for that newspaper. We explained
to you last week here on the show how they
go about creating narratives and then oh no, well, you
know there might be problems here, and we've got this

(51:22):
problem here and that they're they're putting it out there. Okay,
they are part of the big club that you and
I are not in. I don't know the only the
only way is for us to stand up this because again,
you take a look at federal spending. Outlays rose fifteen

(51:46):
percent in the first third of fiscal twenty fifteen. This
is a national security concern. You do know that, right this,
This is our biggest national security concern. Is our debt,
is our spending. This is how I think Trump should act.
And again, then will they will have a collective freak out?

(52:10):
They will, They'll have a I'd say, this is a
national security this is an emergency, and we have to
cut all of this. We've got to get government down
to size. Okay, use how ridiculous they are. This is
the Washington Post, good old liberal Ruth Marcus been right
in there for years. Trump two point zero the most

(52:30):
damaging first two weeks in presidential history. Trump's second term
is all about curtailing government's power and reach. Hey, Ruth,
I thought he was a dictator. I thought he was
you know, he was a dictator. He was Hitler, Nazi Mussolini,
last time I checked. Okay, dictators never want to curtail

(52:52):
government spending and government power. They always want to expand
it all of the time. And that they're all they're
all trying to help the Chuck Schumer's past week puts
you know, I'm calling on brave public servants. Chuck Schumer
launches a new portal for anyone who wants to expose corruption,

(53:13):
abuses of power, and threats to public safety. Yeah, you
know what his the site. They had to shut it down.
They crashed it on purpose because everybody's all these people
started coming out and pointing out all the fraud that
was being perpetrated by Democrats, and he had to shut
the thing down. You want to be a patriot, people, Ah,

(53:33):
I'm patriot. Maybe they throw that word around all the time.
You know, you have people out there they're selling Patriot
food supply and Patriot this, and Patriot that. Don't let
me be a patriot is open up your mouth. You
can't be silent on this. You are fighting it's it's

(53:55):
the Hunger Games, baby, without killing children, right now. That
is that's who we're fighting against. Okay, it's the same
thing you're fighting against Capital City and President Snow, except
you know President Snow is in charge of deep state.
It's not Donald Trump. It's the people in Washington, DC

(54:15):
that class watch the Hunger Games. Now, we're not killing
We're not sending kids from various different districts to kill
each other yet. But it's the same thing where all
the people sending all of our money, all of our efforts,
all of our hard work to them, what do they do? Nothing.

(54:41):
They don't build anything, they don't create anything.

Speaker 6 (54:44):
They just take their parasites sucking off of us.

Speaker 4 (54:51):
And for the first time, first time in my life,
first time my life again, we have an opportunity. We
have an opportunity to put an end to this. Okay,
Reagan didn't do this, w at h W didn't do this.

(55:15):
The best, the best restraint on spending we actually had
was Bill Clinton New Gingrich. This is it, people, This
is to shut down the watchdog on Wall Street access
of evil. Either we move on it again. I don't
I don't know if we'll ever have the opportunity again.

(55:40):
Gotta take a break. Watchdog on Wall Street dot Com.
Watchdog on Wallstreet dot Com again. Come part of our
family at Markowski Investments, our personal CFO program, our podcast,
our newsletter, all sorts of great stuff Watchdog on Wallstreet
dot com or give us a call eight hundred four
seven one fifty nine.

Speaker 5 (56:01):
I need a photo opportunity.

Speaker 4 (56:03):
I want to shot a redemption.

Speaker 5 (56:04):
No want to end up a car.

Speaker 1 (56:18):
You should believe in math, not magic. You're listening to
the Watchdog in Wall Street with Chris Markowski.

Speaker 4 (56:28):
I gotta I gotta share with you a couple of
things there. This is hilarious. Those kids call them kids
much higher IQ's than myself. God bless them that he's
got working for him. They knew, they they knew that
the media was going to go through and scour everything

(56:50):
they were gonna be They're looking through their garbage. The
media is going talking. They're going back talking to their
kindergarten teachers, trying to find dig up any dirt about
anybody that's going after the Deep State. Now, one of
the kids, it's true story. One of the kids one
of the dose guys, he opened up a substack. Now

(57:12):
you're not familiar with substack, it's a in essence, it's
a blog, and you know, people have been asking me
to do it. Eventually, there's not only so many hours
in a day, but anyway, you can either charge for
your substack or not. And I subscribe to a couple
Matt Tybee and Michael Schellenberger and this Doze kid. He

(57:32):
actually set up a substack where you have to pay
one thousand dollars a month or ten thousand dollars a
year to read what he has written. He never wrote anything.
He knew. This is the brilliance. He knew that the
media is going to want to see what he said
on a substack, so they paid for the subscription so

(57:56):
they can read it, and he collected money off these
media types. Genius had this sense by one of our listeners,
and I want to share this with you. The generalized
reaction of federal workers being fired from unnecessary agencies reveals
the following. They thought they had lifetime jobs no matter what.

(58:20):
They see themselves as the government and not our elected leaders.
Hence the assertion that Trump is committing a coup They
have an utter and complete disrespect for the fact that
the money their agency spends is our money and not
their money. They have no idea who they work for.

(58:42):
They thought they would never be held accountable. They have
zero idea of the uncertainty that all non union private
sector workers live with routinely damn straight. Anyway, I mentioned
last week we spent some time on how the mainstream

(59:02):
media works and how they all communicate with one another
and build narratives to go out there and sell you.
For years and years and years we've talked about conventional wisdom,
and conventional wisdom is poison. More often than not, it's
a lie, so so distancing wear masks, weapons of mass

(59:25):
destruction in Iraq. We can go on and on and
on of all the conventional bs that has been shoved
down our throats, and it's the media, all of them
getting on the same page. What's the narrative right now?
Constitutional crisis? Here we go, NPR. Are we in a
constitutional crisis? New York Time? Trump's actions have created a

(59:48):
constitutional crisis, scholars say CNN. As Trump team overhauls government,
a constitutional crisis looms. Wall Street Journal Is there a
constitutional crisis? How is civil sidey responding to the US
constitutional crisis. I can go on and on and on
and again. Echoes in the television shows, echoes and the

(01:00:10):
comedy shows at night. This is how they sell people.
Don't be a greater fool. Watchdog on Wallstreet dot com.
Watchdog on Wallstreet dot com. Don't go anywhere. We'll be back.

Speaker 1 (01:00:41):
Bringing America financial freedom. One listener at a time. You're
listening to the Watchdog on Wall Street with Chris Markowski.

Speaker 4 (01:00:50):
I forgot this one too. This is hilarious. Five former
Treasury secretaries. Our democracy is under choke. Democracy again. I
challenge anyone out there to find the word democracy anywhere

(01:01:12):
in the United States Constitution. And again, all these smarty
smarty smarty pants. Did you guys re ever read the
Federal's papers, what the founders wrote, what their thoughts were
on democracy? Probably not anyway. Robert Rubin, Robert Rubin again,
this guy, you know, ceo. He was a co CEO

(01:01:33):
for Goldman Sachs. Then he went over and he got
like a ridiculous sum of money from City Group. Helped
drive that thing into the ground. Yeah, he was Treasury
secretary to Clinton. And then he got Larry Summers smartest
guy in the world. Just ask him, he'll tell you.
He was part of the Committee to Save the World
after long term capital Management, which was one of the
problems that they helped cause because it was their buddies,

(01:01:55):
all PhD. Nobel Prize winners, Ah basically try to almost
blow up the world with a hedge fund. Timmy Timmy
Geidner there under Obama and Jacob Blue and then Janet
yelling yes, all saying that gee going in and taking
a look at what we do, well, that's that's a

(01:02:16):
threat to democracy. We should be allowed to do whatever
we want because we're a part of the big club
and all of you peasants out there are just a
bunch of dumb numb scales because we're gonna be just fine.
We're gonna if the if the dollar collapses, we can't
pay our bills. We're already super rich, so we don't
care about you. Again it makes me sick to my stomach.

(01:02:36):
But again, anyway, Uh, here's a uh, here's a funny one.
Here's a funny I gotta share this with you the
UK and I've already again I'm sorry any of you
your Brits listening to the show at this point in time.
I mean, you've got to be embarrassed. I mean you

(01:02:56):
you have to be embarrassed. You're Oh my god, cure
standing what a joke? Do you see him on TV?
This pan? I got myself an age tesk Why why
are you? Are you doing intravenous drugs? Are you hanging
out at bath houses? Why? Again? It just the bs

(01:03:18):
that comes out of these liberal whack chops. Anyway, the UK,
the UK wants they're calling it the they're called the
Snooper Charter. They want to weaken encryption security, that's right.
They want Apple to to write a back door and

(01:03:38):
to their software so they can they can get into
anyone's phones at any point in time. Now. If you remember,
remember there was the uh there was a terrorist attack
I think it was in Bakersfield, California, if you remember,
and the you know, the FBI wanted Apple to, Hey,
you got to open up the phone. We got to
see what's on this terrast phone. They're like, no, we're

(01:04:00):
we're not doing that. We're not going to do that again.
We're not gonna allow that information out. And good for Apple.
I applauded them on that. I don't want the government
to have that. In fact, I don't trust the government
as much. I don't trust terraces for crying out loud,
but I want them to have that information. And the
UK is demanding this go ahead, go ahead. What do

(01:04:21):
you think Apple's gonna do. Apple's gonna tell the UK
to take a long walk off a short pier. Ooh,
the red coats are coming. We're so scared, We're so
frightened of the UK. What are you gonna do? You're
gonna go back to rotary phones over there. No one

(01:04:41):
is gonna agree to your crap. You gotta has been
nation for crying now and I'm sorry. You are a
bunch of had me. You don't do anything. I don't
even know you guys. You even own Aston Martin anymore,
as the Indians owned that too, Rolls Royce, you even
own that. They may still own that. Your economy continues

(01:05:02):
to go into toilet. Businesses are leaving left and right.
All the venture capital firms are out of there because
they think that you people are out of your mind
and you're going to try to shake down Apple. No,
they're not going to allow a backdoor in for the UK.
So you can sneak and peek and people's phones. No way, no,

(01:05:23):
how I do have to. I got to talk about this.
This is from a couple of weeks ago, and I
did do a podcast on it. I think I should
talk about it on the show because I've gotten some
questions Donald Trump's announcement about he talked about this with
Howard Lutnik, Commerce Secretary regards to starting a sovereign wealth

(01:05:47):
fund for the United States. I have a I take
issue with this. I do. I take major issue with this,
quite frankly, you know what do? What do is I'll
take a break right here. We'll take a break right here,
we get back. I want to discuss that 'll explain
to you why and some of the problems that could occur.

(01:06:08):
Watchdog on Wallstreet dot com. Watchdog on Wallstreet dot com
our site. Come part of the Watchdog on Wall Street family.
Take advantage of all the great stuff we have, personal
CFO program, podcast, newsletter, you name it Watchdog on Wallstreet
dot com or give us a call eight four seven
one eight.

Speaker 1 (01:06:26):
Four Ticking Wall Streets, Liars, crooks and cheets out behind

(01:06:47):
the woodshed. You're listening to the Watchdog on Wall Streets.

Speaker 4 (01:06:54):
Give all right, sovereign wealth fund. Trump and Lutnik announced it. However,
and again I'm going to y they didn't really give
much in terms of details, and the old devil in
the details sovereign wealth fund. When people think of sovereign

(01:07:14):
wealth funds are thinking of some Scandinavian country which takes
their oil revenues and they invested, or Middle Eastern countries
doing the exact same thing. We as a nation. If
we years and years and years ago social security running surpluses,

(01:07:37):
if they had taken those surplus dollars and invested them
investment in a conservative fashion, conservative fashion that the type
of that we weren't even talking about any issues with
social security and anything like that, The amount of wealth
that would have been built up over time. The problem,

(01:08:00):
the problem we have here in this country is that
we have people that go to Washington, DC that are
not they're not morally sound, they're not trustworthy, they're looking
out for themselves. Again, we allow this to happen. This
is the system we put up. It's a political party system.
More often than not, make a difference, elephant, donkey. We

(01:08:21):
send crooks to Washington, DC. And what they would do
if we started taking money and putting it into a
sovereign wealth fund, which, first and foremost, how do we
start a sovereign wealth fund when we're thirty six trillion
dollars in debt? You can't. The best investment we could
be making at any point in time right now is

(01:08:41):
paying that down. Paying that down first and foremost. It's
again I've talked about that here on the show. When
I've got people coming in and asking for my help,
and you know, I can't help you build a portfolio
when you've got eighty thousand dollars in credit card debt.
I'll help you points in the right direction and show
you the things you need to do to pay that

(01:09:04):
debt down and some of the tough choices that you're
gonna have to make, but I'm not gonna show you
a higher rate of return than what you're paying on
your credit cards. Now. Granted, they might be able to
generate a higher rate of return than some of the
interests we're paying on our debt, but it's just too
massive at this point in time. The other problem as
well is politics get involved, and you're gonna if we

(01:09:30):
had a sovereign wealth fund, we had a sovereign wealth
fund with all of the green crap, green new deal stuff,
you would have seen everyone clamoring we had the money,
we had the money to save the world, and we
gotta take it. We gotta spend it, we gotta send
it to all of our friends, our solar panels and
windmills and all this other bs. You know it, and
I know it. The only way, the only way you

(01:09:54):
can make a sovereign wealth fund work here is you
have to have unbreakable, iron clad rules. And how the
money would be invested. You would have to I would
various different indexes, and that's it. Not also as well,

(01:10:17):
the government doesn't get to vote, there's no proxy on anything.
You don't get to vote. And how any of the
companies are run, it's just set it and forget it.
That would be the only way, because what you would
do it would be nothing more that it would again
the type of graph that we'd have in this country.
All Right, my buddy's starting this company over here, and

(01:10:39):
now I'm all powerful senator, and I'm gonna I'm gonna
direct some of this money. It's gonna be a great investment. No, no, no,
these people have proven to be horrible investors in anything,
no no, no notice, sovereign wealth fund at least as
I'm looking at it. Watchdog on Wallstreet dot com. Watchdog

(01:10:59):
on Wall Street is our site. Now we get back,
we will kind a list again of government investments to
use as an example green government investments. We'll see how
that went. Watchdog on Wallstreet dot com or give us
a call eight hundred four four.

Speaker 1 (01:11:22):
This is the Watchdog on Wall Street, the only man

(01:11:42):
who is taking on the Wall Street establishments. You're listening
to the Watchdog in Wall Street with Chris Markowski.

Speaker 4 (01:11:51):
Yeah again, we're told, right, oh yeah, Now where the
government we're making in vest mens for you?

Speaker 5 (01:12:03):
Really?

Speaker 4 (01:12:04):
Really do I get dividends from these investments that you're
making now everything in anything that these people do with
quick Frankly, it's unconstitutional. Taking our tax dollars and giving
it to a billion dollar corporation to build a chips plant, stupid.

(01:12:24):
Taking our money and just giving it to solar panels
and subsidizing windmill companies stupid. Yeah, I don't mind everybody.
This is Bill Winters, CEO of Standard Charter at the
World Economic Forum otherwise known as the Bond Villain Forum
at Davos Zero is a profitable business despite the big

(01:12:51):
setback to the green agenda caused by Trump pulling out
of the Paris Agreement. It's a big business for us.
We'll be pretty close to making a billion dollars an
income in twenty twenty five. It's just a big business
and it's a profitable business. We do the right thing
and we get paid for it. It's kind of a
win win. This guy actually looks himself in America and
says he's doing the right thing. He's a liar. He's

(01:13:14):
a liar. It's profitable, okay. Not profitable based upon being
in the black as far as a business model, okay.
And the businesses that they're profiting from, they're not making
a profit. They're taking tax payer money. They're stealing from you,
whether it be Standard Chartered or Goldman Sachs or Merrill
Lynch or Morgan Stanley to make any difference. They don't

(01:13:36):
care where the money comes from. And again he still
boggles my mind to this day on how Americans would
actually allow people those firms to manage their money. There's
got to be something wrong with your medula, Ablin Gatta,
or you got to be just like them. You don't
care where the money comes from. You don't care. Yeah,

(01:13:57):
it's a thing we talked about earlier here on the
program and off bit off track right at this point,
I'm talking about all these politicians with the type of
money that they have on one hundred and eighty thousand
dollars contract salaries, two hundred thousand. I'm worth fifty, I'm
worth a hundred. I'm worth two hundred million dollars. Every year,
every year I have to take continuing education classes. Ah yeah,

(01:14:19):
I love love doing that. And every year it's the
same crap anti money laundering initiatives. And if you see
that somebody who has already got this much of a
salary and all of a sudden their portfolio has all
of this money coming in, you need to bring that
to the government's attention. You're telling us, like again, it's

(01:14:41):
a bray six saidary you don't make sure you're not
you have drug dealers as clients. Yeah, Okay, I get that,
But but isn't shouldn't the same thing be held true
with people that are representing us through all criminals. Anyway,
here we go here, we go back to some of
the investments that we made Yes, Joe Biden. Joe Biden
awarded a Canadian electric bus company, Lion Electric Raw one

(01:15:07):
hundred and sixty million dollars. Yeah, to make school buses.
Was that Kamala Harris that had that, that gave that
that rambling wheels on the bus speech in front of
a bus? Maybe I think it was in front of
this one as a matter of fact. But one hundred
and sixty million dollars to build buses for California, Montana,

(01:15:31):
North Dakota, Iowa, Alabama and Maryland. And guess what, Oh,
Lion went out of business and the school districts are
not getting the buses. He said to the money before
they got the buses. Now what Oh, yes, taxpayers out

(01:15:52):
of money and schools out of school buses. Great job
got great. It's not Joe, it's the old people. It's
the Obama people that were running Joe at this point time.
Here's some great news. Great for the whales, because we
love the whales, we love wildlife, we love nature. Here
on the program, great news for our whale friends. Energy

(01:16:14):
Giant Shell wrote off its fifty percent steak in Atlantic shores,
choosing to take a one billion dollar impairment instead of
complete the twenty eight hundred megawatt wind farm. Whoa, yes,
another wind farm. I saw, stupid idea bites the dust.
But again again you get the the governor Phil Murphy, Yes,

(01:16:35):
Phil Murphy, Yes, who was basically holding the fake and
frank thing with illegals in his attic not too long ago. Yes,
Oh no, he said, Oh I just this is a
this is still a great idea. This is a WHI
once in a lifetime, once in a generation opportunity. We
should keep building these things. I got it, Phil. If
it's it's such a great investment, so wonderful, why don't

(01:16:59):
you put your money up you're rich. No, you see,
you're not gonna do that. Okay, you don't put your
money up that if it was hedged based upon government
money going in anyway, band news for the folks in California,
Chevron is actually considering, I'm not making this up, shutting

(01:17:20):
down the refiners, shutting down their oil refineries in California.
They've already moved out of the state, they've already moved
to Texas, and they're just you know, we just can't
deal with these people in California. Moore, did you understand
how expensive it would be for people in California for gasoline.

(01:17:41):
We're talking eight to ten dollars a gallon. But I
do want to remind everybody that's what they wanted. Again,
I'll take you back in time. I don't forget much.
It's my weird photographic memory. Stephen Chu was Obama's Energy secretary.

(01:18:03):
Steven Chu said out loud, said out loud. And then again,
you didn't really hear from them much after then, because
again he said, you know, he was like a Freudian slip,
but it wasn't a Freudian slip. He said, it would
be wonderful if America's gas prices were commensurate with what
they were paying in Europe. And at the time they
were paying a lot in Europe seven eight dollars nine

(01:18:25):
dollars a gallon. Hey, they just might get that in California. Hey, people,
you know, I'm sorry. You know, we've got a lot
of listeners, got a lot of clients out in California. Again,
you got these things are called U hauls. You can
you can pack your stuff up and you can leave.

Speaker 5 (01:18:45):
Oh yeah.

Speaker 4 (01:18:46):
Department of Transportation halts funding for electric vehicle charging infrastructure
Porsche going back to its roots. Gonna invest a eight
hundred million dollars in combustion engines, all I can roll
on New Green Deal. Praise God. Watchdog at Wallstreet dot
com wel be back.

Speaker 1 (01:19:10):
You're listening to the watchdog on Wall Street. Well No
One authored investment banker, consumer advocate, analyst, trader Chris Markowski

(01:19:35):
is the watchdog the Wall Street exposing the lies and
myths that the big brokerage firms, the mainstream press, and
the government are pushing to keep Americans away from financial freedom.

Speaker 2 (01:19:48):
You can't handle the true.

Speaker 1 (01:19:50):
Proof bringing America the truth about what really happens in
the financial world.

Speaker 3 (01:19:55):
Ladies and gentlemen. We're not here to indulge in fantasy,
but in political and economic this is.

Speaker 4 (01:20:01):
The watch dog. Well, I was thinking about this the
other day. He's been long time listeners. And I know,
I have my family. I've got got three kids, got
two sons and a daughter, and they're all in college

(01:20:22):
right now. I'm in I'm in year one of empty nester.
But they're all athletes playing sports in college. So I'm
still chasing them around and going all over the place.
But again, they're all different. What's interesting is the boys
when it comes to money and spending, they won't spend

(01:20:43):
anything they need something unless they ask, unless they ask, Dad,
I need this or can I have and they're you know,
I feel bad asking and I'm like, no, that's fine,
that's okay. My daughter, on the other hand, she's one
of those people who just do something and maybe ask
for forgiveness later. It is she does what she wants.

(01:21:06):
She just goes and she spends. She puts his grin
on her face and she knows what she can get
away with quite clever. And I was thinking about it,
and you know, with her spending, and I was kind
of like if I went to my daughter and I said,
you know, Parsia, you gotta show me what you're spending. Well,
I gotta see this, I gotta see receipts. I'm where
all of this money is going. I want to see

(01:21:29):
all this. And she came back to me and she's, Dad,
I can't do that. It would be a threat to democracy.
In essence, it's it's the same thing that we're watching
in Washington, DC. But anyway, anyway, I was talking about
green crap at the end of the last hour of

(01:21:49):
the program. This is good. This is good. We got
some common sense coming back. I want to talk a
little bit about this. This is important. We don't have
our grid is an issue here in this country, and
we most certainly need more electrical generation here in this
country without a doubt that. Again, that's what was part

(01:22:11):
of the whole joke behind the electric car thing. I said,
we don't have a grid that can handle this, and
they are mandating electric cars in California, and then they
have brownouts and they're telling people not to charge their cards.
But anyway, this is interesting PGM interconnection, which coordinates the
movement of wholesale electricity for about sixty five million people

(01:22:32):
in some of the eastern Midwestern states. They are now
at fifty new projects that they've got in the works
right now aiming at improving the grid. And again these
are all not solar, not win. These are massive natural
gas generators, which is great. And again i'd also like

(01:22:57):
to see, and we've talked about this on the podcast,
where need to start moving again towards nuclear power here,
there and everywhere. That's the answer. Europe can't get out
of their own way. They just can't. We're able to
do it. We will attract so much business. I mean, cheap, reliable,

(01:23:19):
stable energy that lifts everything up. It changes the dynamic completely.
Europe again, they can't get out of their own way.
They've got manufacturing economies in Germany that are failing because
of their policies. And again they're still banging their head

(01:23:42):
against the wall. We would attract so much manufacturing here
to this country simply people like, well, you know labor
costs are too high. Well, you can offset labor costs
by having really, really inexpensive energy. And that's the way
to do it. Anyway, long knives are out right now.

(01:24:03):
And again I told you they're outside of if you
want to call us alternative media. Uh. Still, there's some
great talk programs out there, certain podcasts that are out there,
certain you know, online publications, not mosttainly, not the mainstream media.
And I'm actually glad to see that. Uh the White

(01:24:25):
House is now allowing some of these media outlets into
the briefing room, and I think, I think that's fantastic.
But the mainstream and again they always tell you Wall
Street Journals a conservative publication. No it's not, it's no,
it's every day. I again, I read it. I read

(01:24:46):
the New York Times. I look at all these things
that Wall Street Journal has a bunch of kids writing
for them right now, I mean you, every byline has
like four writers for crying out loud, outside of some
of the ones that the writers that have actually been
there for a long period of time. Three of four
four writers for a simple article for christ I mean

(01:25:07):
you Kidney, and then you click on I always doing
I click on. I said, what in the world did
they just say? A click on their bio? And again
this is some child, some kid that's now working at
the Wall Street Journal that doesn't know what they don't know.
And again it's got their I want to change the
word mentality. And again, if you want to change the world,
don't become a journalist, actually change the world. You're a journalist.

(01:25:27):
You're supposed to report on what happened. You're not supposed
to take your narrative and your ideas to it. But
again it's not their fault. They take their direction from
their editors. And we explain how this works. The bureau
chiefs around the country on through saying what stories are
going to run. They all coordinate on this, and you're
going to see more and more stories going after Trump's

(01:25:52):
Trump's ideas and what he wants to do when it
comes to business here in this country. Case in point,
here's the story Trump's conflicting business policies, so economic uncertainty.
And this is how they write articles nowadays. That's their idea,
that's the narrative. That's what they're pushing. That's what they're
gonna push. The New York Times, that's what they're gonna
push it. The Washington Post, that's what they're gonna push.

(01:26:13):
They're gonna push it everywhere. Okay, So what the Wall
Street Journal does is they go out and they find people,
find businesses that back up what they're saying, that might
be concerned about Trump tariffs, might be be concerned about, oh,
he's supporting all these workers. We're not gonna be able

(01:26:35):
to have workers, and they craft a story which becomes
completely onsided, saying, see, see this is what Trump's doing.
All businesses are uncertain, all businesses are scared, which again
is complete and are not This is not journalism, Okay,
this is this is not a story that belongs in

(01:26:56):
the Wall Street Journal. This is a story that again
it's propaganda, that's all it is. I took journalism. I
know how it's supposed to be done. This is not
this is not what it is. Okay, this is pushing
a narrative. And again you have to learn to discern
this when you're reading stories. And he was a funny

(01:27:18):
one as well. Again, this has been going on for
some time. I remember making fun of Thomas Friedman, Thomas
Freedman New York Times being being interviewed. I think he
was being interviewed. I forget who was doing it. I
don't know. Maybe it was Jeff Gregory. I can't remember exactly.
But he had come back. This is during the Obama years.
He'd come back from China and he was amazed, Wow,

(01:27:41):
look at you know, they got all these these shiny
new airports and fancy subway stations and all this in
the Wi Fi was great on the subway. And he
had this. Oh, if only Obama had the power of
the Communist Party and to poll up bureau, he'd be
able to get accomplished. Again, this is funny. This is

(01:28:09):
the start of their column here. China's ZS is building
economic fortress against US pressure. A day in China could
easily start like this, roll out of bed and swipe
through we chat messages on her Huawei's smartphone, hop into
a BYD electric car, and drive to the railroad station
where a high speed train from a state run factory

(01:28:31):
risks you to your destination. Chinese design nuclear plants, solar farms,
and wind turbines power the city's lights. You can almost
hear the Jetsons, the whole Jetson's theme music playing in
the background while they're writing this thing. China is building
coal fire plant after coal fire plant after coal fire plant.

(01:28:55):
They actually did a comparison of the worst pollution, the
worst pollution in the world. Okay, we're actually comparing the
most polluted cities in America. Most of them are in California,
actually air pollution, and they're not even you can't even
compare to the type of pollution they have in China.

(01:29:16):
They actually did it Discovery talking about the plastics that
are going into the ocean. Over ninety percent of it
comes from three Chinese rivers. But oh the oap that's again,
that's the government running everything. We're from the Wall Street Journal.
China z is building an economic fortress. No they're not. Okay,

(01:29:38):
they're in deep deep doo doo they had a one
China policy, they have an aging demographic, they have no
social safety net for elderly people. None. People counted on
the value of their real estate to go up, much
like people in this country counted on their pre instruction

(01:30:00):
condos to help them to become the next Donald Trump.
That didn't work out, except it as a zillion times
worse over there. That's where most municipalities generate their revenue
by selling real estate. They've got entire cities that were
built up. Zijianping built this city. I think it was
like sixty seventy billion dollars empty, empty economic fortress.

Speaker 1 (01:30:28):
No.

Speaker 4 (01:30:29):
You see, this is part of the problem. This is
why we're getting into tariffs and trade issues. China decides
to back all sorts of manufacturing and throw all sorts
of money into things, and guess what, they don't have
enough people to buy the stuff that they want, so
they just go ahead and sell it at massive losses
all over the globe. That's a problem. That's called dumping,

(01:30:53):
and that's what they've been doing. No economic fortress. Their
economy is an absolute disarray. And again I look at
this quite frankly as an opportunity, an opportunity not to
take advantage of the situation and where you're trying to

(01:31:15):
one up on them. They know they're in that, We
know that they're in that situation. Maybe have some sort
of meeting in the minds where we can actually, you know,
maybe aid them and help them to get out of
this situation. Yeah, and I know they've done a lot
of theft, a lot of that again, but a Corporate
America allowed it. Okay, CEOs here in this country, Okay,

(01:31:39):
short term gain rather than looking at the bigger picture again,
they were more concerned about their bonuses and getting that
stock up right away. Got to get involved in the
China market. And China says, okay, you want to sell,
you want to sell here in China. Well, you got
to hand over all of your u You got to
hand over all of your your product designs. What you
what you do? You got to explain it, towns where

(01:32:01):
and then what we gotta have part ownership and you've
got to build it here. And what did Corporate America
do do? Sure? No problem now after China has stolen
all of their ideas and whatnot that you know now,
they're not happy about it. It's their fault. They didn't
have to make that deal, they chose to anyway. Gotta

(01:32:22):
take a break, we don't go to do We're gonna
talk up a little bit about foreign policy. We haven't
done that in sometime here on the program. When we
get back again, I want to mind everybody Watchdog on
Wallstreet dot com. That is that's our website. You got
to get there. You gotta take advantage of our personal
CFO program, our podcast, our newsletter, all sorts of great
stuff there to site. We welcome everyone Watchdog on Wallstreet

(01:32:46):
dot com or give us a call eight hundred four
seven one fifty nine eighty four.

Speaker 1 (01:33:07):
You should believe in math not magic. You're listening to
the Watchdog in Wall Street with Chris Markowski.

Speaker 4 (01:33:17):
This is uh yeah, this has been something we have
been talking about some time here on the program watch
Dog on Wall Street Show, we cover everything. This is
not a buy selling whole program. We cover We cover
our financial preparation issues, and we teach about the right
things and the wrong things when it comes to markets

(01:33:38):
and your money. But guess what, people, our biggest concern,
my biggest concern, my biggest concern is I want to
I want to leave this world a better place than
it was when I came on it. I want my
children to grow up in a world where they can
succeed beyond their wildest dreams. Uh, succeed and fail because

(01:34:00):
that's a part of it. Failure is a part of life.
And for generations now, we've been lied to by the
people and power. We've been propagandized into nonsensical wars. We've
spent trillions of dollars, We've killed countless Americans sending them

(01:34:25):
off to fight and for nonsense. Quite frankly, and yeah,
it's high time we change. It's time we shut down
Team America, world police, rules based international order. Yes, all
of these elitists, globalists, their meetings, NATO, all of this

(01:34:50):
crap needs to be shut down. I want to share
with you. Okay. There was a column in the Wall
stre Journal this past week written by Anders Rasmussen. If
you're not familiar with this dude, he was the Secretary
General of NATO from two thousand and nine to twenty

(01:35:14):
fourteen and Prime Minister of Denmark two thousand and one
to two thousand and nine, and he doesn't like this
Trump fella. The first weeks of the Trump administration have
been very difficult, even painful. I've dedicated much of my
life to a rules based international order led by the US,
and I worry that it's ending. The world needs a policeman,

(01:35:39):
and since World War Two, the US has filled that role.
But what if the policeman no longer exercises his authority
over geopolitical gangsters, it becomes abusive towards the world's steadfast
rule followers. I never imagined I would hear a US
president declares intentions to expand our territory, as Donald Trump
did his inaugural dress. He continued to suggest that Canada

(01:36:01):
should become the fifty first state, and he has refused
to rule out military force to secure America's control the
Panama Canal and the autonomous Danish territory of Greenland. Okay,
stop right there, let's review. Okay, we don't want to
be the world policeman. And again, if we were the

(01:36:23):
world policeman, I don't know, maybe, just maybe you guys
maybe might want to start paying your bills. You might
want to start paying your bills for everything that we
do and have done for you, Oh, Canada and the
fifty first state. So what made a suggestion we're not

(01:36:44):
going to invade Canada. Hey, they throw it out there.
Hey want to become fit? It's opportunity. Oh you don't
like that? Oh my god? Is that making people upset?
It's going to offend people. Suck it up, buttercup, ruh,
why would if we need to use military sports? I mean,

(01:37:05):
Panama Canal is a strategic canal. Wait, you think we're
gonna let China run that? Hey we sent Marko Rubio
down there. End of that, butt quick. We're gonna do
what we want with that. We built the damn thing Greenland.
Oh you want us to be world policemen, but you

(01:37:26):
don't want us to control all of those shipping lanes,
which will help protect all of you. Anyway. He goes
on Vladimir Putin and Xijen PingER watching. If the US
can take Greenland for America's security, mister z will claim
he can invade Taiwan for Chinese security. Mister Putin's absurd
arguments about conquering Ukraine for Russia's security would be validated

(01:37:49):
by mister Trump. Do you understand how stupid you sound? Again,
I find it hard to believe that you haven't done
any i don't know studied at all history. When it
comes to China, Taiwan was a part of China. China
wouldn't be taking Taiwan due to some sort of security threat,

(01:38:12):
nor would they even suggest that China, throughout its history
has not been any sort of power that comes and
takes countries over for crying out loud. Hey, let me
ask you a question. Do you know just the European
Union recognize Taiwan as a sovereign nation? No, you don't,

(01:38:32):
you don't. Just spare me, okay, and oh yeah, yeah, yeah,
US US, you know, basically getting involved a green Yeah
that Oh yep, we just signed off on putin take
in Ukraine. Give me a break, he goes on. As
a child, I admired John F. Kennedy, who said that
America would pay any price, barony, burden to assure the

(01:38:54):
survival and the success of liberty. As a young politician,
I cheered Ronald Reagan's nineteen eighty five State of the
Union address in which he said America's mission is to
nourish and defend freedom and democracy. As Danish Prime Minister,
I work with President George W. Bush because I believe
Denmark's security was best guaranteed by a close alliance with
the US. Oh yeah, Coalition of the willing. Yeah, I know,

(01:39:16):
because all of your small European nations. You guys did
a lot of fighting over there. Right after mister Trump's
threats against some of America's closest allies, including Denmark, I
have to revise my views today. We Europeans must be
prepared to protect ourselves from those who lie in wait
just outside our borders. Europe must develop a stronger and

(01:39:38):
more effective defense than to Russia and any other nation.
NATO is still a cornerstone. But given that mister Trump
has raised doubts about America's willingness, Oh no, what are
they gonna do? Good? Good, good, go ahead, go ahead,
defend yourself. We got to take a break. Watchdog on

(01:39:59):
Wallstraight dot Watchdog on Wallstreet dot com. Don't go anywhere.
We'll be back.

Speaker 1 (01:40:20):
Bringing America financial freedom. One listener at a time. You're
listening to the Watchdog on Wall Street with Chris s. Markowski.

Speaker 4 (01:40:29):
Oh, I'm just getting warm, that's right, off, just getting warm,
guys with this foreign policy stuff. So you get mister
Rasmussen here, and we're gonna have to start doing things
by ourselves. Good. It's high time. It's like you know,
it's like a kid who's twenty eight years old playing
video games as parents' basement move out. We'll do seventy

(01:40:52):
years ago for crying out loud defend yourself. You guys
have been free riding on our y for generations. We
pay your bills. That all you do is you write checks,
and you have these fancy pants social welfare programs and
six seven week vacations, eight week vacations for all your

(01:41:15):
citizens that we pay for because we pay for your
damn defense. I don't want to pay for it anymore.
You're worried about Russia rolling in. Guess what, Start buying
some guns. It's not our responsibility. It's high time you
do it. You take a look a look at countries

(01:41:38):
that meet NATOS spending targets, which is two percent of GDP,
two percent of GDP. It's not a lot, not a lot,
two percent of GDP. Poland actually the most three point
nine percent of their GDP. We pay three points point

(01:42:00):
five percent, Greece three percent, Estonia two point seven, Lithuania
two point five, Finland two point five, Romania two point four,
Hungary two point four, Latvia two point three, the UK
two point one, and the Slovak Republic two point zero.
Everyone else is under two percent. And you're talking Europe's

(01:42:21):
largest economies. France, Germany at one point six percent, Italy
at one point five percent, Spain at one point three
were fools. We're sucker. Even Obama knew this. Trump brought

(01:42:41):
it up in his first term, and everybody globally got
the vapors and started clutching their pearls because they were
worried that, oh no, their next party at fancy pants
NATO headquarters might not have the finest charnay from France
coming in. This has to stop. Defend yours. You're We're

(01:43:03):
not responsible for you. Germany, you know their soldiers actually
train with wooden guns because they don't have them. And
now now Donald Trump comes out again. He put it out.
You know, had a lengthy and we said, a lengthy
and productive phone call with President valid Vladimir Putin of Russia,

(01:43:26):
discussed Ukraine and they are going to be meeting. He's
going to try to put an end to the war.
And what are these people doing freaking out? Ah, some
of these scandadaven countries are Putin's gearing up. He's gearing up.
He's gonna be able to invade, He's gonna take over
Europe in twenty thirty. Well, okay, if you actually believe that,
might I suggest, Might I suggest not going on vacation

(01:43:49):
for eight weeks out of the year, making your citizens
work a little bit more. I don't know, maybe building
up your military. If that's what you actually believe, If
you actually believe that to be the case, why don't
you do something about it. You can't, and you won't

(01:44:10):
because you guys complain, plain, complain, and then you've got
no You know, the United States is number one on
the speed dial, number one on the speed dial. Again,
we're tired of it over here. Okay, we're outside of
people that are in the military industrial complex and the
people that are part of this whole globalist nonsense. We're

(01:44:35):
tired of it here, tired of sending kids off to
all these god forsaken places around the globe. Again, it
hasnt worked. There's a great column about it this past week,
comparing you know, Trump's foreign policy to what we've been doing.
We've had a Woodrow Wilson foreign policy, and Woodrow Wilson

(01:44:56):
going all the way back well World War One. Oh yes, sir,
We're gonna carve up the world and we're gonna have
stable borders and that's gonna make everything a okay. It
hasn't made anything a okay. You know it was funny too. Yeah,
remember all the flack that Trump got. Ah, it's just
with this, uh this h Trump God Riviera Gaza, the beaches,

(01:45:20):
beachfront property, the riviera. You know, as it turned out,
you know that that was proposed before. Actually did a
little homework on this. Trump's Riviera plan for Gaza was
first proposed in nineteen fifty three by the United States
and the UK and was supported by the UN. Yeah,
that the problem was that the Communists and the Muslim

(01:45:43):
Brotherhood basically threatened the well the leader of Egypt at
the time, and caused all sorts of problems, and there
was a basically had it was Naser, and then they
held a riot and Egypt pushed back and somebody got killed,
people got put in jail, and the whole thing got

(01:46:03):
got put away. But yeah, that was actually proposed before.
You know, it was interesting and I called it right
away when Trump put this out there, I said, people
in the media. Either they're they're really that stupid, or
they can't again see the forest for the trees. Trump
is basically saying, hey, okay, either you handle it or
I will. Either you take care of it, or guess what,

(01:46:28):
we'll We'll take that Gaza stripe. Yeah, I'll put it.
I'll put Amr al Lago right there on the beaches
of Gaza. This this came out, This passed, what came out.
This was Thursday. Egypt has launched a diplomatic blitz to
corral support for an Arab led and funded initiative to

(01:46:50):
rebuild the Gaza Strip, setting aside old political concerns in
hopes of boxing out a Trump plan that is wildly
unpopular across the Arab world. Arab states that had once
hoped to use their funding capacity to push for a
Palestinian state are now under pressure to prevent a mass
displacement of Gosins that could destabilize any countries pressed to

(01:47:11):
take them in. I got exactly what he wanted. He
got exactly what he wanted. Genius Watchdog on Wall Street
dot Com Watchdog on Wallstreet dot Com again become a
part of the Watchdog on Wall Street family take advantage,

(01:47:33):
personal CFO program, podcast, newsletter, all sorts of great stuff.
Watchdog on Wallstreet dot com. We'll be back.

Speaker 1 (01:47:55):
Taking Wall Streets liars, crooks and cheets out behind the
what's you you're listening to the Watchdog on Wall Street?

Speaker 4 (01:48:10):
H yeah, it's funny you're watching. Can you watch these
these doze hearings and you watch these democrats? What we
need to have. We need to have professional auditors in
there to handle this stuff. And really, is that what

(01:48:31):
you had inspector generals for and they couldn't uncover the fraud?
This is it's so corrupt and it's so screwed up
that they've they find ways of blocking it with all
of this technology and payments and firewalls and all the
crap that they have been doing. Some make suggest it

(01:48:53):
actually all right, we you know, we got to bring
in uh, we gotta bring in Deloitte or McKinsey. Oh
yeah yeah, and you're going to pay them again. They've
got their buddies work at Deloitte and mcintie. I have
zero respect for both Deloitte and McKenzie. Basically, again, these
professional consulting class, they don't build and create, They just

(01:49:16):
go in and they make suggestions. They make suggestions, and
they make suggestions kind of like, uh, the Devil's minions
demons would do tempting CEOs. I watch it all the time,
tempting CEOs to do certain things or invest in a
certain way. Does Deloitte or mckenzy have any skin in

(01:49:40):
the game where they just no, no, no, no, no, no,
no again. It's you gotta think about it. It's a
genius business. If you had an ethical bypass at birth,
they could care less. They're getting paid. And then if
the deal doesn't work out, whatever they they're advising doesn't
go through, whatever, maybe they just blame the seals, not
our fault. You just didn't exercise thing proper. You should

(01:50:00):
have paid us more in consulting fees. You want to
bring Deloitte and mckensey into the government to go over
the books? No thanks, no thanks again. You gotta love X.
Elizabeth Warren is questioned in regards to all of her

(01:50:23):
all of her contributors, all of Big Pharma and all
the money she's getting, and she just lies and for now,
no that's not tru what she's throwing a hissy fit. Yeah,
you know this is a great thing called community Notes
that actually checks all of the lies that you people
put out. And again, they're so used to not being

(01:50:43):
called out on anything, So wonder why they hate X
they hate Twitter. They can't. They can't lie all the
time or without getting called on it. It's extraordinary. Watch
Dog on Wallstreet dot com. Why Dog on Wallstreet dot
com again, podcast newsletter of course, our personal CFO program

(01:51:06):
which is open to everyone. Watchdog on Wallstreet dot com
or give us a call eight hundred four seven one
fifty nine eighty four.

Speaker 1 (01:51:27):
This is the Watchdog on Wall.

Speaker 5 (01:51:29):
Street figure Golden Heroing.

Speaker 4 (01:51:43):
I remember this video from the nineteen eighties. They they should, really,
I mean, honestly, they should probably relaunch MTV for us
old folks. We can play the old videos actually with
the commentary too, with them back in the day, to
show reruns of it. You got to have it at
our parties for us old folks. But anyway, they're here,

(01:52:04):
nor they're That was a creepy video by Golden Earring
back in the day. But anyway, we got a little
fun here. This is file this under I'm not making
this up. And again you can find us a reason
number I don't know ten thousand and seven forty two,
while why I will not go step foot in the
UK again. The British Museum, British Science Museum, they now

(01:52:31):
have a Seeing Things Queerly tour and they have it
in for Lego. Yep, yep, they have a thing for
Lego because the toy bricks are gendered. They're gendered and
reinforces the idea of heterosexuality is the norm. Lego can

(01:52:56):
be anti LGBT, says the British Science Museum because they
have male and female parts. I'm not making this up again.
The stuff that that people there are really again, these

(01:53:17):
are people that are I mean, we may have to
make fun here, but in all serious is just people
that are really really disturbed. You go on some of
these these left wing social what is it blue Sky socially,
these left wing social media sites, you got troll conservative
trolls out there putting out absolutely ridiculous things, I mean

(01:53:45):
ridiculous and people. Oh yes, I totally agree with that.
Rogan was talking about the other day, You're going on
going to Blue Sky. I knew my kid was trans
three days old. I knew my kid was trans. Oh yeah,
I mean, give me break, Yeah, they had. Yeah, they're
having these, you know, these rallies now outside of hospitals

(01:54:08):
because Trump's executive orders targeting what it is. It's it's
it's Old Testament, biblical disgusting crap child mutilation procedures on minors.
And then you get the actress there, Cynthia Nixon. She

(01:54:28):
was in Sex and the City and she's on the
Gilded Age and she's listing all of the people that
are close to her that are transgender. Daughter is transgender,
and niece's transgender best friend, child's trender, her daughter's best
friend is transgender. She's life is filled with transgender people.
Charlie's theiron All of her kids are transgender. Do you
know that's like statistically impossible. It's like winning the lottery,

(01:54:51):
Like every day for a week, you're growing these kids.
What's wrong with with you? Again? It's awful, awful, and
and this is a sad story. It is. I did
do a podcast on this, this just again. This made

(01:55:14):
me sad. And this poor girl again, young woman, poor girl.
Lorie Potsky, Michigan State Rep. Michigan State Rep. You gotta
talk about how lonely this person is. Okay, really, no
nobody really looking out for her, no real friends at all.
She sterilized herself, she says, thanks to Donald Trump. The

(01:55:40):
pro abortion advocate says, she refuses to be treated like
Currency's why she sterilized herself. So, just under two weeks ago,
I underwent surgery to ensure that I would never have
to navigate a pregnancy in Donald Trump's America. I refuse
to let my body be treated as currency by an

(01:56:01):
administration that only sees value in my ability to procreate.
If you know people who are questioning how serious this is,
I'm going to repeat myself. A sitting government official opted
for voluntary sterilization. She was uncertain whether to be able
to access contraception. Again, this is someone she doesn't have

(01:56:24):
any friends there in the Michigan state legislator that could
talk her off the ledge. Now, they probably didn't want
to talk her off the ledge because it moves there.
It moves the ball down the field for them. They'll
sacrifice her. This is someone that is mentally disturbed. I
want to know the doctor that agreed to this. Shame

(01:56:46):
on you. Shame you didn't you didn't ask her why
she wanted to do this, and when she gave you
that answer, you agreed to it. I don't know where
these people coming, you have any friends, you have any family,
To try to explain to her how ridiculous what she's
doing actually is. I mean, she sounds like a true believer,

(01:57:12):
as are the people that you know. We were hanging
out with the Jim Jones drinking a cyanide in the
kool aid. Anyway, this one was funny. Trump terminated the
chairman of the Kennedy Center in DC, appointed himself new chairman,
and that immediately banned all of the drag shows targeting youth.

(01:57:38):
As it found out after the fact, the person that
was fired not making this up. I just got this
making over one and a half million dollars a year
one and a half million dollars a year running the
Kennedy Center. The Kennedy Center has been run into the ground.
It's falling apart. They've burnt through all of their money.

(01:58:01):
They don't have any reserves. Again, These are incompetent government workers, again,
hired based upon who they know and who they backed.
Sure they went to the right schools too. Okay, keep
cleaning house, Keep cleaning house, President Trump, Keep cleaning house.

(01:58:23):
Elon godspeed, We're all praying for you. Watchdog on wallstreet
dot com, Watchdog on wallstreet dot com, God bless everyone.
We'll see you next week.

Speaker 1 (01:58:41):
Chris Markowski is the watchdog Wall Street

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Watchdog on Wall Street: Podcast for Weekend of February 14 - February 15 2025

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.css-14f5ked{margin:0;word-break:break-word;display:-webkit-box;-webkit-box-orient:vertical;box-orient:vertical;-webkit-line-clamp:2;overflow:hidden;}Watchdog on Wall Street: Podcast for Weekend of February 14 - February 15 2025