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 we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst and trader Chris Markowski.
Speaker 2 (00:16):
One of the things that we like to do here
at the Watchdog on Wall Street Show and Markowski Investments,
especially when it comes to looking at our fearless leaders
in Washington, DCOR or elsewhere, is I like to take
a look at their cvs, their resumes. We've gone off
on the federal reserve fact that there is little to
(00:39):
no experience at all when it comes to the private sector.
Now you look at a job ad entry level work,
let's say McDonald's is hiring no experience necessary. Well, as
it turns out, you can apply for a job in
(01:03):
the Kamala Harris or Joe Biden administration basically the same thing,
and no experience is necessary. A report that was put
out entitled Amateur Hour, it's from the Committee to Unleash Prosperity,
doing what we often do here on the program, basically
taking a look at the business active in the experience
(01:28):
within the administration. Right now, She've got Stephen Moore and
John Decker taking a look at this. They looked at
the work records and resumes. The top sixty six officials
who deal with economic policy, regulation, commerce, energy, and finance
fifty eight percent. Again, this is the executive branch of
(01:51):
government working for the current administration. Fifty eight percent have zero,
no business experience at all. And it's okay if you,
like I said, if you want to start out working
at a fast food joint. But again we're talking about
(02:13):
people that affect economic policy, that that are writing rules
and regulations. Again, you can take a look at you
can take a look at walls. Okay. Uh, never worked
never worked in in the private sector at all, Kamala Harris.
(02:36):
Not really the average business experience of administration appointees three
point one years. I had that much experience by the
time I was ten, For crying out life. The uh,
the median years of business experience is a big fat zero. Again,
(02:59):
what you have, You've got professional politicians, lawyers, academics, community organizers,
government employees. It's like I'm going back to auburny and
New York for crying out loud. Everybody wants to work
for the government, right across the board. I mean, and
again you see them make fools that themselves when they speak.
(03:21):
Jennifer grand Holmes, Energy Secretary, mayor Pete screwing one thing
up after another. What's his name there, Xavier Bessera, which
is Health and Human Services one screw up, and then
even got Layel Brainerd. Okay, who's Biden's choice as the
vice chairman of the Federal Reserve. Yeah, she wants to
(03:44):
want gender and climate change to be major concerns and
priorities at the Federal Reserve. I mean, you can't make
this stuff up again. You want to work for the
Biden administration, you want to work your way up, well,
no experience necessary. Watchdog on Wallstreet dot Com