Elon Musk and Iron Man

Chris draws a parallel between Elon Musk and Tony Stark from Iron Man, focusing on the government’s increasing encroachment on private innovation. Highlighting recent revelations of Biden administration funding for media attacks against Musk, Markowski critiques the government's approach to private enterprise, innovation, and free-market principles. Is this how America treats its innovators? www.watchdogonwallstreet.com

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

Speaker 2 (00:16):
Elon Musk and iron Man in the second back, I
mean the Marvel was knocking to add a park when
they first started their whole MCU. On the second Iron
Man movie, there is a scene at the very beginning
of the movie that I when I saw at the
movie theater, I was like, I would wanted to stand up,

(00:38):
give a standing ovation. And basically it was Tony Stark.
He was at a congressional hearing and these senators wanted
to take his technology. It's amazing. What year did that.

Speaker 1 (00:54):
Movie come out.

Speaker 2 (00:55):
I don't know how to be maybe two thousand and five,
I'm not sure. I can't remember exactly, but anyway, these
senators wanted to take his Iron Man technology, and he's,
you know, in his Tony Stark way, basically making fun
of them and you can't have it, There's no way.
And it was a really great scene and I loved it.

(01:16):
I love it. Here's a big government going after the
private sector. And I remember at the end he's walking
out of the congressional hearing, Tony Stark said something like,
look at this, I successfully privatize world peace. But anyway,
I look at that, and you see, and you know
some of the things that the government has done as

(01:37):
late to Silicon Valley and artificial intelligence and other new technologies.
Mark Andersteen talking about the fact how he was, you know,
chilled to his very core Biden administration coming in and
basically demanding that they hand it all over to the government. Ken,
you wonder why there's a second amendment. Elizabeth Warren. Elizabeth

(02:01):
Warren came out and said that we got to do
an investigation. Elon Musk in conflicts and interest working with
the Trump administration. Caroline Levitt, spokes women for the Trump transition,
basically addressed Warren with.

Speaker 1 (02:21):
Again the old.

Speaker 2 (02:23):
I think it was Limbaugh that might have started with
the whole Pocahonta spit. President Trump has assembled the most
impressive and qualified team of innovators, entrepreneurs, and geniuses to
advise and staff our government. Pocahontas can play political games
and send toothless letters, but the Trump Vance transition will
continue to be held to the highest ethical and legal
standards possible, a standard unfamiliar to a career politician whose

(02:48):
societal impact is one oneenty twenty fourth of Elon Musk's.
Elon tweeted out after the fact, He's like, no, actually,
you know, she has a negative sietal impact, which she does.
She's got her little consumer CFPB bureau which is completely
unconstitutional and ridiculous and completely needs to be dismantled. She

(03:12):
does nothing, she doesn't build, she doesn't create, she just
tears down. Yeah, it's amazing and how hard they've gone
after Elon Musk. As it turns out, Joe Biden paid Reuters.
Now you might remember Ruters from I don't know, maybe

(03:32):
last week the week before here on the podcast, we
made fun of them because they did a fact check
on Babylon Be a satire site. But the Biden administration
gave three hundred million dollars in government contracts to Reuters.

(03:53):
This is while eleven federal agencies investigated Musk's businesses Tesla,
acex X, Reuter has got millions of dollars from these agencies.
Your tax dollars, my tax dollars funded media attacks on

(04:13):
Elon Musk and his companies. You want to you want
to explain to me how this is legal, how this
is okay. When you see some politician point fingers at Cuba, Venezuela,

(04:34):
Russia and these other dictatorial esque regimes, how different are we?

Speaker 1 (04:49):
Hey?

Speaker 2 (04:49):
Really, how much different are we? Joe Biden, Joe Biden's
spending your tax dollars, my tax dollars to uh pay
off a media outlet, media outlet based in the UK
to attack an American citizen and his business is because

(05:10):
of his politics. Watchdog on Wall Street dot Com