Episode Transcript
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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 will have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris.
Speaker 2 (00:14):
Markowski Defining dev and C down see a few emails
from listeners from around the country yesterday. Now when I
get the butt monkeys, but but but but but but Trump,
But listen, butt monkeys, that's not mine. It's actually Laura Ingram.
She came up with that. Sometimes people get a little
(00:34):
heated and angry with me. Not this time. Not They
They try to kind a stick up for the president
and his statements, but they really didn't have much and
they knew it. And it's funny again you're watching the
nonsensical influencers fall over themselves to try to correct what
(00:55):
they said, and quite frankly, it's ridiculous anyway. Defining Devan C,
what does that mean? It's not mine either. That's Daniel
Patrick moynihan. Yes, he was a senator Democrat Center State
of New York, and I happen to be a big
fan of his. Yep, he isn't a lunatic lefty by
(01:16):
any stretch of the imagination, he was a good man. Anyway,
It's the process by which a society responds to an
increase in destructive behaviors by lowering its standards of what
is considered normal, acceptable, or moral. Instead of cracking down
(01:39):
on the increased misconduct, the behavior is normalized and societal
expectations and standards fall. It's actually funny. South Park did
an episode about lowering the bar. They were actually remember
that ridiculous Honey Booboo show. It was actually on the
learning I remember the kids from south Park actually started
(02:03):
a crack baby basketball league.
Speaker 1 (02:06):
Again.
Speaker 2 (02:06):
I'm you know, it's south Park and it's nuts. But again,
that's the entire thing defining DEVNC down. And they actually
had James Cameron trying to get to the bottom of
the ocean to find where the bar was. Anyway, Hey,
moynihan wrote a nineteen ninety three essay was published in
the American Scholar, and there was a French sociologist, Emil Durkheim,
(02:34):
who theorized that quote crime is normal, and that it
is present in all societies and helps clarify moral boundaries.
Moynihan applied this idea to the late twentieth century United States,
focusing on social problems like rising crime rates and the
public's growing tolerance of everyday violence in urban areas. The
(02:56):
de industrialization of the institute me in situtionalization of the
mentally ill, which led to increased homelessness. God, this guy
was pretty smart, right. There's things that you know he
was spot on back there in ninety three, The increase
in single parent households and the erosion of traditional family structure.
(03:19):
This is again, this is a democrat nineteen ninety three. Okay.
Jim Garrity had a piece in National Review and made
some very good points, very good points. Must talk about
what took place yesterday. Again, to me, not decent because
(03:46):
certain Americans are blinded by partisan crap. Our founders knew this,
talked about this. Political parties no good cult like loyalty,
that their first instinct will be to defend the president's remarks.
(04:06):
We will never become better or more united as a
country if we cannot point to indecent actions taken and
statements made by those we agree with politically and say,
you know what, this is wrong. This is something decent
human beings don't do. They don't you have to do
(04:30):
better than this. Again, we watched Charlie Kirk get murdered
right before our eyes. Again, you saw it. It was gruesome,
right in front of your eyes. And then you got
the second wave of watching ordinary progressive leftist Americans celebrate
(04:57):
his death, attempt to justify his murder. Completely unjustifiable and
unnecessary cruelty. That's for reality. And it bothered me. And
it's like I should have bothered you. But if you
were you know these again, you don't know if they're
(05:18):
bots to get whack jobs online, and you're bothered by that,
like I was bothered by that, but you are. You're
putting yourself on a twister board right now, twisting yourself
into knots, bending over backwards to justify the comments from
the President. I'm sorry, I just think that's a bit hypocritical.
(05:43):
I think that's kind of being that's a hypocrite of
the highest order. Quite Frankly, President had the option of saying,
despite our disagreements, and we had them without a doubt,
I'm shocked to hear of the terrible deaths of the winers.
I offer my condolence as to their friends and family.
(06:05):
That's it. And you know, what those same people, those
same influencers that today are out there bending over backwards,
would have Harald did a Trump as this great unifier. Wow,
look at what he did. You know it, and I
know it again. I praise Donald Trump when I agree
(06:33):
with the thing. I mean there's times I agree with them.
Times I don't agree with him. That's just the reality.
I'm an equal opportunity basher. I say it all the time,
but his entire view. Again, correct me if I'm wrong here.
Of whether or not you are a good person or
(06:56):
a bad person is completely based on whether not you
offer him praise or criticism. So Trump hates me because
I criticize some of his policies. One of his biggest defenders,
Marjorie Taylor Green, dared to question some things that he
(07:20):
did in what was going on, and he tossed her,
tossed her away. I mean, get your arms around that,
and you can flip guys like Lindsey Graham who went
after him the January sixth stuff. Now all he does
is kiss his ass and now he's back in his
(07:40):
good graces once again. You don't you don't find that off.
That doesn't concern you at all. I'm sorry, people. Again,
(08:02):
he's got to do better than this, really, and again,
you're watching, You're watching the Laura Loomers, the Grant card Domes,
what's his name there, the uh Pulse figure, all these
others out there bending over backwards to defend him, and
(08:23):
I'm sorry, Okay. His conducts not decent by any metric, shape, matter,
or form. Completely unacceptable. Watchdog on Wall Street dot com