Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact it will have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.
Speaker 2 (00:16):
Doge is getting screwed another See I told you so
a moment, kids, I told you this is going to happen.
I told you this before the inauguration. I said, Donald
Trump better be armed. He better be armed with one
hundreds thousands of lawyers ready to defend his policies. And
(00:39):
I'm sorry, it's not just good enough that you can
send Steven Miller out on Fox News and CNN and
watch him tool on people. Okay, that's not going to
get it done. It's not going to get it done.
Here we go. Elon Muskin dooze efforts to close USA
likely unconstitutional agency must be restored. Federal judge ordered the
(00:59):
governant to reinstate US Agency for International Development Systems, ruling
that the accelerated shutdown led by Elon Musk likely violated
the United States Constitution in multiple ways. Hmmm, yeah, he
goes into this, and again this is a left wing
judge appointed by Obama also sits on some boards over
(01:22):
at Harvard. Harvard had some of its money taken away.
We told you this was going to happen. And just
a week ago, no week and a half, two weeks ago,
when we were talking about the Continuing Resolution, this is
why we didn't like it. This is where Trump screwed up. Okay,
(01:43):
Trump screwed up. And I hope that this quite frankly,
I hope God willing this is not by design, I
really do. I really hope Donald Trump is serious about
I know he's got Elon must there. I really hope
he's notting Elon Musk's time with all of these things
that he's coming up with and all the work that
(02:04):
he's doing. I for a life of me, for the
life of me, couldn't understand. Don't understand why the hell
you're basically finding all of these things that need to
be cut. Why in the world you wouldn't put it
in to that Continuing Resolution. I'll want to be a
continuing resolition. Well, amend it, amend it. No time like
(02:28):
the present to start saving money and getting rid of waste.
But what did they do? What did they do? Donald Trump?
Republican We're gonna punt this until September. And this is
what you're going to see. You're going to see liberal
judge after a liberal judge after what do they have all?
(02:49):
The worst that it's going to happen to them is
they're going to get overruled. We told you this was
going to happen, and I'm disappointed because quite frankly, Trump
administration not prepared for it. I know all of you,
all of you people out there that think Trump is
(03:11):
the second Coming, some sort of profit for crying outline,
you're not prepared for this. And this is going to
continue to happen again and again and again and again
and again. And all you needed to do, all you
need to do, you found all of these things, say Okay,
this is what we're gonna do. Put it into the
Continuing Resolution all and the Democrats wouldn't have signed off. Good,
(03:34):
then you could have. Then you could have gone through
and cut even more. But this is I'm being honest people.
And again, I've been around a long time, and you
know for the the super magas out there, the super
Trumpsters out there, they're they're gonna get mad at me.
They're gonna yell all this stuff I'm sorry, okay, trust
(03:55):
but verify trustp verify Trump say he's a he's a
populous guy. He's a populous guy. Avy comes back and said, well,
you know, maybe we'll keep some of these things. Whatever.
I'm concerned. I'm being straight up honest with everybody. I hope,
I hope he's not wasting Elon's time. I hope he's
(04:17):
not wasting Elon's time because all of these things have
to be appealed. And if I was to be like, no, no, no, okay,
you can you can do you can do whatever you want. Okay,
we're gonna appeal this first. We're not giving any money back.
We'll see what's gonna happen. We'll see what's gonna happen again.
You know, you get the people over it. You know,
(04:38):
you watch Fox News. Everybody's high I told it it's
gonna happen. But he's five high five in each other
all the time. I'm like, that's like, you know, it's
like jumping up and down, jumping up and down and
thinking you've won the ball game, okay, before the game
is won. There's that famous story. This is involved with
the the Bill Buckner. The Bill Buckner error game against
(05:02):
the Mets. It's true story. Roger Clemens, Roger Clement, I
think he pitched in that game and they were winning.
They thought they had it won, and they you know,
they're gonna you know, Red Sox, Red Sox are gonna win.
Red Sox are gonna win the World Series. Holy kept
that one. I remember at that time. When was the
last time that that happened? He went back into the
(05:24):
clubhouse to shave and you know, make himself look presentable
for interviews after the game. You don't test fate what
they call touching the money. Okay, I've been saying this
for some time. Okay, even I applaud all of these
things are being done, but don't touch the money because
(05:44):
you haven't really accomplished anything yet. Okay, these these squirrely libs,
these Democrats, they understand the judicial system. Okay, who do
you think that? What do you think is the biggest
contributor to the Democratic Party is the freaking the bar
association lawyers. They got lots of them, and unless your
(06:07):
ability you're gonna go ahead and fight them, you're gonna
have a difficult time. And again, the sure fire away
to eliminate all of This waste is through Congress, and
what did Trump decide to do? Man, We're gonna punt
till September. Told you so. Watchdog at Wall street dot
(06:28):
com