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June 6, 2025 7 mins
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Steve Bannon just called for Elon Musk to be deported and for the government to SEIZE SpaceX. You read that right. One of Trump’s former insiders is now channeling his inner Maxine Waters and demanding full-blown government takeovers—because Musk dared to disagree with the MAGA clique.
In this episode:
  • Bannon’s embarrassing meltdown as he urges Trump to “seize SpaceX” using the Defense Production Act.
  • Claims Musk is an illegal alien and should be deported?
  • The MAGA crowd turns full fascist?
This is terrifying.
Mark as Played
Transcript

Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
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):
Steve Bannon is pathetic. And not only is he pathetic,
he's frightening for crying out loud. So yeah, former White
House official Steve Bannon. Okay again, he's like essentially how
pathetic he is. He was like, I trying to come
up with a way of bringing it to pop culture,
like a jilted lover, like that all of a sudden

(00:40):
was jilted for somebody else, and that's somebody else. They
have a breakup and wants to come running back because
he wants to be in the picture again. He rushed,
he rushed to the White House yesterday because Trump was
on the outs with Musk. Oh my god, it's so pathetic. Yeah,

(01:00):
he actually urged President Trump to investigate Elon Musk's immigration status,
deport him immediately and sees his company SpaceX. He he
actually said this, so let me, let me, let me

(01:22):
get this straight. Let's say that. H hm, Well, I know,
I'll use the New York Yankees. Let's let's say Aaron Judge,
best player, one of the best players in baseball, has
a major disagreement with the manager. Aaron Boone, has a

(01:44):
major disagreement with the manager Aaron Boone and maybe plays
out a little bit in the media. Should the Yankees
get rid of Aaron Judge? Are you ready a freaking mind?
Do understand how fricking creepy I sometimes these people there,

(02:08):
these maga types. You know, the left is not wrong. Okay,
so these maga types are not far off from freaking fascists.
For crying out loud, they're scary. You're gonna seize What
the hell are you gonna do with SpaceX, Steve Bannon. Oh,

(02:29):
you're gonna you're gonna make the thing work for crying out. Oh,
we'll have the government take it over. Oh yeah, you know,
you we'll do We'll have the Yeah, we'll have the
Pentagon run it, you know, the same Pentagon, same Pentagon
that we have. We haven't won a war since World
War Two for crying out loud. We were warsins World
War two, and we spend you know, over a trillion

(02:50):
dollars a year. We're gonna have them take over SpaceX
so they can make more weapons that are obsolete, like
the F thirty five. Yeah, oh wow, that would be
a great idea. Uh huh. Bannon urged the President to
invoke the Defense Production Act to take control of Musk's
rocket company. Mm hmmm uh. The action that President Trump

(03:13):
should be taking immediately, I think is when Musk threatens
to take one of the big programs out of SpaceX.
Uh huh uh, and they should be the government should
should take it over. Uh. The Defense Production Act comes
from the Korean War grants. The president the authority require
private companies to accept and prioritize government contracts for the

(03:37):
manufacture of goods needed for national defense. Trump. Trump did
that during his first term to make ventilators. Remember, we're
gonna have a lot of ventilators, to have many ventilators
who possible can be ventilators everywhere. It's in ventilators for COVID. Yeah,
we're gonna make lots of ventilators. Yeah, how did that

(03:59):
work out? Okay? It doesn't allow, though, for the president
to seize companies. So well, you know again that Steve
Bannon is channeling his inner Maxine Waters, who wanted to
socialize the oil companies when oil prices went up during

(04:21):
the Bush the w administration. Also, he wants to get
rid of one of our most valuable citizens. They should
initiate a formal investigation of his immigration status because I
am I am the strong belief that he is an illegal
alien and should be deported from the country immediately. You
are so flipping stupid, Bannon, one of the most one

(04:44):
of the greatest innovators the country's ever seen. You want
to deport him. Funny after Bannon put this out, you
know Vladimir and says, hey, Nylon, we'll give you asylum.
Here are you kidding me? Again? This again? This? This

(05:10):
some of this maga stuff. It's like a mind virus.
It really is. They call people that are against Trump.
They say have Trump derangement syndrome. It's like Trump you know,
more like Trump defense syndrome. Again. People get upset with
me here all the time or to Trump or Trump?
Did I say anything that? What call me? When I

(05:33):
say something? I tell you? What say something nasty? When
I lie or I don't say something truthful? You're not
getting that here. I voted for Trump. Am I thrilled
with what he's doing right now. Hell no, I vote.
I voted for these proposed MAGA ideas and balancing the

(05:55):
budget and Trump saying in its first term we're gonna
get rid of the debt within eight years, and all
of these things that he has kicked to the freaking curb.
You can't get the president of the United States to
agree to work requirements for Medicaid. Trump and new Gignord's
got together had work requirements for welfare. Why can't you

(06:17):
do it? So again, You've got some scary ass fascist
thinking som bitches in this Maga crowd. I mean some
scary and you watch the little television show that Bannon's
got with his little sorry I'm gonna be crude, his

(06:40):
little bitch ass sycophants right next to him basically nodding
their head, say come on, people, I mean, you know,
can you have a thought of your own at some
point in time? Huh? Can can you come up with
something by yourself? Or you got to check with Eve
to see what you're going to post next? On social media,

(07:04):
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