Can Trump Make Socialism Great?

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In this episode:

• Trump announces taxpayer-funded investments in quantum computing companies — and Chris calls it what it is: socialism
• Why this move mirrors Obama’s Solyndra-style boondoggles and creates massive moral hazard
• The uncomfortable truth: AOC, Warren, and Trump suddenly sound the same on “government investing”
• Chris challenges listeners: “Show me one logical, free-market argument for this — I dare you.”

To put it bluntly: If government picks winners and losers, that’s not capitalism. It’s socialism — with a red hat on it.

Episode Transcript

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 that we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
Make socialism great?

Speaker 3 (00:18):
I can't say make socialism great again, because socialism was
never great, never will be great.

Speaker 2 (00:29):
I am gonna.

Speaker 3 (00:30):
Ask a favor of everyone out there. I am I'm
asking a This is serious, serious question. Can someone forward
me a logical a reasonable argument, a reasonable point that

(00:51):
makes sense, makes it like to get use logic and reason?

Speaker 2 (00:54):
Don't don't you know? Send me some.

Speaker 3 (00:57):
You know article written by some influencers somewhere about.

Speaker 4 (01:02):
Are gonna make America strong again? You know, Trump is
able to control these companies and making America rich. And
look at the stock prices and how they're up since
he invested in these things.

Speaker 2 (01:13):
No, no, no, no, no, no no no no no no.

Speaker 3 (01:15):
Use logic and reason. Okay, And again this is assuming
that you are a free market person. The people that
should be actually arguing on, actually on behalf of Trump's decisions,
the things that he's doing at this point in time,
and taking stakes in the Uh, in the private sector
are socialists the Mandamis of the world, the the Aox,

(01:39):
the Elizabeth Warrens. This should be right up their alley,
quite frankly, but this is not, by any stretch of
the imagination capitalistic biting.

Speaker 2 (01:50):
Can't this is This is socialism. Guys. Trump is now planning.

Speaker 3 (01:55):
To invest taxpayer money in several quantum computing companies.

Speaker 2 (02:05):
Uh. I'm gonna throw this out there.

Speaker 3 (02:09):
I've heard this question bannered about, I mean, super Trump
supporters out there, and again I have to do this
all the time. Yeah, I voted for him too. Okay,
what do you think he's that much of a he's
a genius that he can make socialism work for the
first time in history. Because that's what this is. You

(02:30):
must you must actually think that he again he this
guy is so smart. I mean, he is the greatest
of all time. He's going to actually make socialism great.
That's what you're telling us. Now Again, I've talked about
moral hazard. I talked about moral hazard when it comes

(02:55):
to what he is doing. Imagine Imagine the investments. Imagine
the investments that Ayok would make if she was president.
Imagine I said, you know, roll back another Obama type.

Speaker 2 (03:19):
Yeah, you know Obama.

Speaker 4 (03:21):
They threw money at all these companies and buying throughout the.

Speaker 3 (03:24):
You listen, okay, and they failed and they fail. Trump
threw money at companies in his first term. Remember the
big Fox con plant that was supposed to go up
in Wisconsin. Yeah, and many others. So the difference now
is you're taking a stake in these companies, which again

(03:48):
you're not supposed to do. So Again, my man, I'm
asking a favor, Okay, send me, send me a coherent okay,
and into a logical argument for the United States of
America to all of a sudden because that's what we're doing,
embracing socialism.

Speaker 2 (04:10):
By and again, this is the Republican

Speaker 3 (04:12):
Party watchdog on Wall Street dot Com.