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 Markowski, So.
Speaker 2 (00:17):
Mark Zuckerberg comes clean, Comes Clean. He said it was
improper for the Buying administration to have pressured Facebook to
censor conduct content and twenty twenty one related to the
coronavirus pandemic, vowing that the social media giant would reject
(00:37):
any such future efforts. He also said he didn't plan
to repeat efforts to fund nonprofits to assist in state
election efforts. That was a COVID era push that do
a lot of criticism because why it was basically get
out the vote for donkeys. And a letter to the
House Judiciary Committee Jim Jordan he touched on a series
(01:00):
is a Controversy. Zuckerberg wrote that senior Biden administration officials,
including from what the White House, had repletely pressured our
teams for months to censor certain COVID nineteen content, including
humor and satire, and expressed a lot of frustration with
our teams when we didn't agree He said that he
(01:20):
the pressure from the administration he believes was wrong, and
I regret that we were not more outspoken about it.
He said that the company had made some choices that,
with the benefit of hindsight new information, we wouldn't make today.
And then I feel strongly that we should not compromise
our content standards due to pressure from any administration either direction,
and ready to push back if something like this happens again.
Speaker 3 (01:42):
Yeah, thanks, Mark.
Speaker 2 (01:44):
I was put in Facebook jail a few times because
of my comments when it came to COVID nineteen. Now,
just throwing this out here, what do you think would
be the what do you think would be the media
talking points today? If the story was Donald Trump, Donald
(02:07):
Trump and Mike Pence and the Trump administration, the Trump
Pence administration pressured for social media to censor certain content,
they'd be calling for his head today. They they they
be calling for prosecutions. He would be unfit.
Speaker 3 (02:26):
To run for office.
Speaker 2 (02:29):
He would be called a dictator, dystopian, hitler, moussi all
rolled into one.
Speaker 3 (02:40):
It's true. We all know this to be true. I don't.
Speaker 2 (02:47):
I don't know Mark Zuckerberg quite frankly, you know he's
no Elon Musk. See Elon Musk is not a kitty cat.
Elon Musk on a regular basis tells the government to,
you know, take a long walk off a short pier.
(03:10):
I was gonna get much harsher than that, but I won't,
Zuckerberg wished out, and listen, okay, listen, he be a
kitty cat. I mean, government's scary, no doubt about a
government's scary. You know, government is. You know that's it's
a lot scarier than Don Corleoni.
Speaker 3 (03:30):
With Luca Brazi. Okay, it's a hell of a lot scarier.
Speaker 2 (03:34):
They can they can destroy you and a myriad of
different ways if they want to. I've said here on
the program, they scare the crap out of me, Watchdog
on Wall Street, acts of evil, big business, politicians, media.
Speaker 3 (03:47):
Oh my god. It's a hell of a lot more frightening.
Speaker 2 (03:51):
Than any of our boogeymen there, than Vladimir Putin, than
Al Qaeda, than Kim Jong un or any other monsters
lurking under the bed that they tell us that we
need to be afraid of. Government's much scarier. So you
know what, I can sympathize to some degree.
Speaker 3 (04:08):
With Zuckerberg but I mean, you didn't have to lie
about it.
Speaker 2 (04:13):
You could at least come out and said, hey, hey,
you know, we're doing what the government is telling us
to do.
Speaker 3 (04:22):
You have to lie about it.
Speaker 2 (04:23):
It's funny they get that whole situation that's taken place
in France right now, and you know the threats, threats
being made Elon Musk and his content.
Speaker 3 (04:35):
You actually have people threat you know that.
Speaker 2 (04:37):
Remember that Vindamin guy there, that Ukrainian guy, the general
guy that was going after Trump part of that thing.
Threat Oh you got to be afraid now, you got
to be afraid now Elon because they arrested this guy
who's got this messaging app in France. You are aware that,
(04:57):
you know, Elon must shut down X in Brazil because
he refused to censor content Elon put out yesterday. Yeah,
we were asked, we were asked to start censoring all
of this content and we told them no.
Speaker 3 (05:14):
No, you got you gotta hand it to uh hand.
Speaker 2 (05:18):
Elon at least he's you know, he's fighting for what's
right and he doesn't care. He didn't care, not a
kiddy cat like Zuckerberg. But again, why do you think
and I'll explained this before why what why do you
think they want the TikTok algorithms? Let me tell you something.
(05:41):
Who want you don't wants to buy him? Steve Manuchin was,
you know, Trump's treasury secretary. Why do you think the
government wants their hand on these algorithms? Oh again, you
get hold and people are on these things. You can
get them to do things like inject unproven vaccines in
(06:02):
their arm like I did twice and almost killed me.
So I guess I'm the idiot because you know I
listened to them, but anyway, and they wore me out.
Speaker 3 (06:14):
Or you want to start a war. I want to
start a war. I want to start a war.
Speaker 2 (06:20):
Yeah, you start pitching freedom fries and you know, weapons
of mass destruction and yellow cake for not much easier.
Speaker 3 (06:27):
It would be crap. George W.
Speaker 2 (06:29):
Bush could have He could have invaded maybe five six
different countries in the Middle East if he had the
social media power that they have today.
Speaker 3 (06:38):
Again, this is the United States government. Oh you landed
the free over the prave free press. All that's it,
you believe it?
Speaker 2 (06:47):
Come on, man, watch dog on Wall Street dot Com