Europe’s Bureaucratic Overlords: Why the EU Commission Deserves to Be Disbanded

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The EU Commission’s sweeping fines on X highlight a deeper problem: an entrenched, unelected body that increasingly undermines competitiveness, innovation, and national sovereignty. As countries like Hungary, Poland, Italy, and Greece push back and voters grow frustrated with top-down bureaucracy, the question becomes unavoidable—has the European Commission outlived its purpose?

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 will have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
The European Commission should be disbanded. I actually had this
thrown by me this past week and said, how stupid
are these people on the European Commission. They want to money,
say they want to modernize, they want to do all
these things and make the European Union more competitive, and
then they go after Elon Musk personally and X And

(00:37):
I said, that's not really stupid of the European Commission.
It's about self preservation. The people of Europe starting to
recognize just how ridiculous the European Commission is. And for
if you're not familiar with how this works, the people

(01:00):
that run the EU out of Brussels, they're not elected. No,
it's a completely unelected body. And the people of Europe
have had enough of this. So day on Friday, the
European Commission European you decided to impose a fine on

(01:23):
X one hundred and twenty million euros one hundred and
forty million for breaches of Europe's Digital Services Act. This
is the first time that Brussels has enforced that law
in this way since it came to force in twenty
twenty two. They say that here's one of the infractions.
This is how ridiculous this is. That excess system for

(01:46):
selling verification blue check marks. I got a blue check
mark negatively affects user's ability to make free and informed
decisions about the authenticity of the accounts and the content
they interact with. I would think that the blue check

(02:07):
marks is a step in the right direction. They also
want X to make data about advertising on the platform
available to outsiders, and they're saying this this data is
vital to allow researchers and quote, civil society to spot

(02:27):
scams and information warfare. Come on, guys, are you kidding me?
It's a social media platform. Even recognize that you've got
to take, you know, some of the stuff with a
grain of salt. You know, then there's something quite frankly
wrong with you. The reality is is that X is

(02:48):
becoming the most popular news site in many countries in
Europe at this point and time. Now Europe again, they're
worried and This is part of the issue that we
have and I'll get into this another podcast. In regards
to NATO, our relationship to NATO and then our relationship

(03:08):
to the European Union. You would think they'd be one
of the same, but they're not. The European Union. I
me again, this is a ridiculous fine, and I don't
think Musk is going to end up paying it. We're
most certainly going to push back on this is not helpful.
Europe wants to compete, they want to compete, they want

(03:31):
to start developing various different technologies. Adding regulations and boxing
competition out is not the way to go, by any
stretch of the imagination. By punishing companies that are doing well,
you're not. You're not advocating for your side. No one's

(03:52):
going to want to go over there and do any
business because of this. You have to go in the
opposite direction. And again, the European Commission, like I said,
unelected bureaucrats. They've got a great gig going on, and
this again is another example of them trying to remain
relevant at some point in time. Actually, even Musk was

(04:15):
talking about this week. These countries have got to stick
up for themselves. I know, we got Victor Orbon which
we talked about regards to immigration. He's like, no, no, now, now,
I'm not taking this mass. I'm not taking migrants coming
in from Africa. I'm not going to do it. Poland
has done the same thing. You're getting pushed back now
in the Mediterranean countries, in Greece and Italy and again

(04:39):
those countries have kind of started to go their own
way too smart. And you take a look at their
stock markets over the past year and how well they
have done. Could we see a breakup in the European Union, Yeah,
of course we could. You know, we had the Brexit

(04:59):
with Great Britain. I think they need real reform. They
need real reform. Which he started out pretty pretty great idea,
pretty great idea way back. When you get Master of Treaty,
you know, you want to say, hey, you know what,
We're going to have a uh an area where we're
going to allow again open markets. It was it was

(05:23):
a coal and oh it was various different goods and
services could pass between borders who work and have deel
That was that was a step in the right direction.
Then you went towards the Shangan tree treaty where you
could pass you didn't have to show passports when you're
going from country to country to country. You know, again, bureaucracy. Eventually,

(05:45):
unless you put a stop to it early, it'll just
keep growing and growing and growing. And that's what you've
got and Brussels unelected bureaucrats basically holding the continent down.
And the sooner the people wake up to that and
they're starting to the better off, they're going to be
watchdog on Wallstreet dot com.