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February 24, 2025 4 mins
Chris gives his take on recent comments made by James Carville predicting the imminent collapse of the Trump administration. He points out that most Republicans in DC hate Trump and what he's doing and are longing for another Mitt Romney type to take charge. Is there smooth sailing ahead or serious pushback coming? www.watchdogonwallstreet.com
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Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
Uohoo, Trump GOP imminent collapse, doom coming well, according to
James Carvill, Yeah, I will. James hasn't been right that
often ready as of late. But let me explain something.
He's got a point here. Oh yeah, yeah, he's James
Cargill's pointing out something that I've been pointing out. Yeah.

(00:40):
He said, the Trump administration is in the midst of
a collapse and we'll crumble within four to six weeks.
He urged his fellow Doncus to play possum clear out
of the way and let Republicans implode as President Trump
plows ahead with his dramatic overhaul of the Fed government.

(01:01):
He said that the whole thing is collapsing, collapsing. Why
is he saying this? Uh, well again he's he's talking
a little bit about, well, you know, people are going
to push back, poll numbers are going to come down.
It's more to that, and he's not wrong and I'm
being awesome. Most most Republicans uh in Washington, d C.

(01:26):
I'm just telling you point blank hate what's going on.
I don't, you know, want to be the bearer of
bad news here, but they hate Trump. They can't stand
what's going with you You think they like to have
their uh the their ability to make themselves enormously wealthy
taken away by Donald Trump? Are you kidding me? They

(01:51):
would like nothing more than a Mitt Romney type, George W. Bush,
Jeb Bush type to get back the reins of the
Republican Party. You know what I'm talking about? The blue
Blood country club, Caddyshack, doctor Beeper, Judge smails Republicans that

(02:14):
I've been around. Yeah, they know, they don't know what
type of spending is going on. I'm going ballistic on
these Republicans. I remember all the all the Senators on
their way out the door pushing through an omnibus spending
back and you see all the money that was going
back to their districts. How do you think these people

(02:35):
get so wealthy? They're crooked too. They're going to do
everything and anything that they can to thwart the presidency.
What they're holding onto right now is the fact that
what Trump is doing is resonating with the American people.

(02:56):
They like this. Okay, unless again, unless you're basically, you know,
like I said, either you are a part of the
parasite class or you're just not very bright. How can
you not be against waste and fraud? And the reality
is most of these Republicans are part of the parasite

(03:16):
class as well. Well you think they're the only ones
who's net worth skyrockets? Are Democrats? No, No, Republicans do
the same damn thing. So yeah, yeah, if you think
that it's going to be smooth sailing, and listen, I've
been happy. We've talked about here in the program, said
Christmas every day with the various different announcements and things

(03:39):
that are coming out. That's all well and good. That's
all well and good. But you know the old keep
your friends close, but your enemies closer. I'm telling you
right now, okay, the real pushback, real pushback. Democrats are
a joke right now. They're making fools out of themselves.
That's why Carbon was telling them to just shut up,

(04:01):
play bossom, don't do anything. He's counting on He's counting
on the Republicans to go after Trump, just like they
did the first time around. Remember John McCain thumbs down
repeal Obamaca. They're gonna be there. You're gonna start seeing it.

(04:24):
You're already saying, Oh, I don't know about this, doge,
and I don't know how it's gonna affect my state.
And I gotta worry about my constituents. Know you're worrying
about your fricking bottom line, Yeah, the constituents that pay
you off. Again. I hate to be a bar bad news,
but Carvilo's got a bit of a point. Watchdog and

(04:47):
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