December 6, 2025 • 39 mins
Chris Markowski delves into the complexities of financial truths, the media's influence on public perception, and the realities of government spending and corporate influence. He emphasizes the importance of understanding the real economic landscape rather than the narratives pushed by mainstream media. Markowski critiques the H-1B visa program and discusses the agricultural industry's reliance on government bailouts, highlighting the need for transparency and accountability in financial matters.
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Episode Transcript
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Speaker 1 (00:06):
Well, no one altered. Investment banker, consumer advocate, handalyst, trainer.
Chris Markowski is the watchdog the Wall Street. Do you
want to answer exposing the lines and myths that the
big brokerage firms, the mainstream press, and the government are
pushing to keep Americans away from financial freedom. You can't
(00:28):
handle the truth bringing America the truth about what really
happens in the financial world.
Speaker 2 (00:34):
Ladies and gentlemen.
Speaker 3 (00:35):
We're out here to indulge in fantasy, but in political
and economic reality.
Speaker 1 (00:39):
This is the Watchdog on Wall Streets.
Speaker 4 (00:42):
Yes, it is welcome. Welcome back, everybody out.
Speaker 3 (00:46):
Number two of the Watchdog on Wall Street Show started
off the pro first hour at the program today. Talk
a little bit about rage baiting and where we're at
as a country. And I'm gonna do my darnedest as
long as God's willing. I'm going to continue to fight
(01:06):
to my last breath, never going to quit, never going
to leave this program, never going to leave Markowski Investments.
Speaker 4 (01:17):
This is what I do and I love it. Again,
I want to sound so.
Speaker 3 (01:23):
Dire at the beginning of the program, but again, you
have to be honest with the situation.
Speaker 4 (01:30):
You have to Yeah, you can identify the problem.
Speaker 3 (01:32):
You recognize the problem, identify the problem, then you know what,
Then you can actually go out and do something to
solve the problem. I want to talk to everyone a
little bit about media today. I want to explain to
you how they offered It was interesting. I was reading
a column by a bunch of people that recently left Instagram,
(01:54):
and basically they broke down the entire thing is designed
like a drug to get people addicted. And they warn
as they shouldn't let kids near this thing, and how
it's designed and how it works. And again I talked
about this and what was going to happen. This was
in the early stages of Facebook. You had some of
(02:15):
the people leave. This is way back when it's the
two thousand and eight, two thousand and nine, we're talking
about how these things were going to be designed with
the algorithms, and how bad they were. Let me ask
you a question. I want you to think about this.
It's like the Capital one commercial. What's in your feed?
Speaker 4 (02:33):
Now? What's in your wallet? What's in your feed?
Speaker 3 (02:36):
What's in your x feed, Instagram, your TikTok scroll. When
you look at the political posts that show up every day,
are they all coming from one side, one narrative, one worldview.
Speaker 4 (02:58):
If everything you see is.
Speaker 3 (03:01):
Either full blown cheerleading for one team or full blown
hostility toward the other, then the algorithm's got you. You're
not being informed properly. You are being programmed. And I listen,
(03:22):
I'm not here. I'm not insulting anybody.
Speaker 4 (03:24):
I'm not.
Speaker 3 (03:25):
This is the reality. This is how they are design.
It's the reality of the modern platforms. Algorithms are engineered
to feed you dopamine and outrage, not clarity, not truth.
They serve you content that reinforces your bias.
Speaker 2 (03:48):
Keep just scrolling, keep angry, because an angry user is
an engaged user. An engaged user makes them money.
Speaker 4 (04:02):
One of the things again, I have taken. I'm honest.
Speaker 3 (04:05):
I try to be you know, you got to be
as humble as possible every single day.
Speaker 4 (04:10):
But I know I take a bit of pride, and
it does.
Speaker 3 (04:14):
It costs me, cost me followers, cost me friends, cost
me invitations, airtime.
Speaker 4 (04:22):
I get this.
Speaker 3 (04:24):
You want you want to know why I'm not on
Fox Business anymore. I won't toe the company line. I
dare criticize Trump, even though I have support him, though
I voted for.
Speaker 4 (04:34):
Him, we can. We know we need you to stay
in this lane. Well, you know what, take a hike.
I don't care money I could have taken.
Speaker 3 (04:48):
To pick a side from various different campaigns to advertise
on our program. No, I take pride in that I
can be an irritated to both sides. Sometimes I'll say
something that you know, that makes the maga world happy
(05:08):
and infuriates the traditional Republican class. Other times I'll go
after the corporatists side and the left and they'll agree
with the Again, it's different every single time. I'll torch
both factions at once. It's not chaos, it's not I'm
just thinking because reality, my friends, doesn't fit onto bumper
(05:32):
stickers or party jerseys. It's the reality that's important, the
truth that matters if your feed, what you're reading on
a regular basis. And again, this is how they design TV. Now, Okay,
we got this one. This media, We've got that media,
(05:54):
and this is what this media is saying, and that's
what that media saying. I'll give you a quick example,
quick example of this. This past week, Uh, you had
you had the story about all that the scandals that
were taking place in Minnesota, and we might get I
did a lot on on the podcast. I don't know
if I'm gonna have time to get into it today,
(06:14):
but I mean awful, awful. Do you think that that was.
Speaker 4 (06:17):
Widely reported on MSNBC and see it? No?
Speaker 3 (06:21):
No, Barrett, No, no, no, because that's that's against their narrative.
Speaker 4 (06:26):
Well, isn't it important? Isn't it?
Speaker 3 (06:28):
Isn't it reality? Yeah, but it's not their narrative. That's
that's not what their listeners want to hear. So they're
not gonna tell you that bit of news, and you're
gonna get the flip side. You're gonna get the flip side.
Donald Trump pardoned a massive Ponzi scheme con artist this
past week. Oh sure that was That was all over
(06:51):
the legacy media and MSNBC. But I did Fox talk
about that?
Speaker 2 (06:56):
No?
Speaker 4 (06:58):
What does that tell you?
Speaker 3 (07:00):
Did you think that these outlets are looking out for
your best interests or just their advertisers? You are being
nudged into various different reactions that have nothing to do
with the truth, nothing to do with context, nothing to
do with solutions. The goals not to inform you. It's
to keep you on the platform as long as possible,
(07:22):
keep you outrage, keep you convinced the other half of
America is evil and corrupt beyond redemption, creates clicks, comments, reshares,
advertisement dollars. Let me ask a question that does it
create wisdom? I strongly suggest you know, go back read
(07:44):
the proverbs in the Bible, read the Book of Wisdom
in the Bible. You think that has anything to do
with modern media at all, there's a I want to
give you an example, another example of this. Scott Jennings.
He's a big star, big star on the right. Scott Jennings,
He's on CNN and they always, they're all over social
(08:05):
media circulating clips of him. Oh man, look at Scott
Jennings' own so and so. He's like a dragon slayer,
a liberal slayer out there, the slayer of liberal narratives.
The left side has the same. They have their little
network approved fighters out there. You know. The funny thing
is is that Jennings was an anti Trumper and now
(08:28):
he exists solely on CNN for one purpose only to
defend Trump no matter what, no matter what the argument is,
and if the topic.
Speaker 4 (08:40):
Changes, his role changes with it. He's paid to take
a side. Same thing goes through.
Speaker 3 (08:47):
You got what's her name there on the five there,
Tarlof or whatever.
Speaker 4 (08:53):
You know.
Speaker 3 (08:53):
Time to time to throw a conservative on MSNBC. Their
job is to push the pre approved angle all the
network that pays them. I saw it firsthand. You don't
believe me. I lived in This is going back. I
don't know how to be like two thousand and eight,
two thousand and nine. Okay, I am doing I'm going
(09:16):
on Fox News, going on Fox News. I'm there at
sixth Avenue, New York, and I'm waiting in the green room.
I remember that day. I remember I met Suzanne Summers
in the green room that day.
Speaker 4 (09:26):
I'm going on.
Speaker 3 (09:28):
Who had a program there at the time. Oh, I'll
think of it. This is Eric Bowling. Eric Bowling's program.
I was going on, and I was gonna have a
debate about social Security. They had Bob Beckle, the late
Bob Beckle, who was at the time Fox's liberal liberal
on the program. I was going to debate him and
(09:49):
some left leaning professor from California, and again talking about
again nothing new for me here at the watchdog on
Wall Street. You know, I've been yelling and screaming about
social secure. Are in the solvency for decades. This is
like two thousand and eight, two thousand and nine. So
I'm sitting in the green room, sitting in a green
room next to Bob Beckle. Now I Bob Beckle. He
(10:11):
has like hey, introduces himself. God bless him. Real nice guy.
He didn't know a damn thing about Social Security. He
didn't understand anything about it at all.
Speaker 4 (10:21):
He actually asked.
Speaker 3 (10:23):
Me in the green room to explain it to him
before we went on.
Speaker 4 (10:29):
But as I'm trying to explain it to him.
Speaker 3 (10:31):
He lost focus and all he wanted to talk about
Wash I'll never forget was Keith Richards just came out
with a book, and how great this memoir. Keith Richard's
memoir was two tables down, two tables down. At the
same time, you've got two lawyers, two lawyers that I
don't remember what the topic they were discussing. They're about
(10:52):
ready to go on making Kelly's program, and they are
there in the green room working out their debate.
Speaker 4 (10:59):
Well, when you say this, I'll say this.
Speaker 3 (11:01):
Basically working out their debate in the green room before
they went on Megan Kelly's like it was wrestling, professional wrestling,
choreographing a match before they even went on.
Speaker 4 (11:14):
This is news. This is news to you. No, it
didn't matter.
Speaker 3 (11:22):
Didn't matter that I could and I did clean Bob
Beckele's clock on the program. Bob Beckle had some great
one miners. That's all that mattered. That's what he was
there for. It wasn't about coming to some sort of
discussion or debate, getting any sort of solution. Resolution wasn't
(11:42):
socratic by any stretch of the imagination. It's a show.
It's a show. This is what we call news. This
one gets into your feed. Imagine, okay, this just imagine
if people stop consuming it, if all those clips went away,
if we remove the oxygen from all of these shallow
(12:06):
shouting matches designed to generate viral engagement. Wow, we get
to what maybe true conversation is, How much better of
a world would we have.
Speaker 4 (12:22):
Now? No, can't have that. I don't know.
Speaker 3 (12:23):
We gotta keep the algorithms going. We gotta keep the
the the outrage lights. We got to keep them on.
I gotta take quick break. You're listening to the Watchdog
on Wall Street show. Watchdog on Wallstreet dot Com is
so again. I welcome each and every one. You become
a part of our family. The truth lives here, Truth
(12:45):
lives here, and we're gonna We're gonna continue to feature
never Gonna Be Bought, Watchdog on Wallstreet dot Com, our
personal CFO program, podcast, newsletter, all sorts of great stuff.
Speaker 4 (12:56):
Watchdog on Wallstreet dot Com. We'll be back the.
Speaker 1 (13:17):
Only man who is taking on the Wall Street establishment.
You're listening to the Watchdog and Wall Street with Chris Markowski.
Speaker 3 (13:29):
But I ask the question about our success at Markowski
Investments and our performance for our clients over the years.
In one way I would probably put it is that again,
I live. We live in the real world, not the
(13:49):
world that the media is pushing, not the narratives that
are being pushed. We live and exist in the real world.
Now we might want things to be a certain way,
but they're not.
Speaker 4 (14:08):
They're not.
Speaker 3 (14:09):
I made fun, you know, last hour of the program
with this, you know, this constant drum beat out there,
everything is awesome. Well that's just not true. Same thing.
You know, people were making fun of me back in
the nineteen nineties, I mean constants before I had a
radio show and I'm doing one radio show, one TV
(14:31):
show after another, and obviously it was a few decades younger,
and I'd be on.
Speaker 4 (14:36):
With these older all older wall Streek type stare.
Speaker 3 (14:40):
It's just young kid is always talking about it's a
new economy, earnings don't matter anymore, it's a new paradigm.
Speaker 4 (14:45):
Didn't you read George Gilder's book.
Speaker 3 (14:47):
Blah blah blah blah blah blah blah blah Blah'm like,
earnings do matter and eventually, eventually, you know, these companies
are gonna have to make money.
Speaker 4 (14:57):
And I don't see that happening. Oh no, you don't
get this.
Speaker 3 (14:59):
That and again called that was made fun of when
I called the Demise of n Run. Yeah, it took
another ten eleven months before it started to collapse. But
we were right financial crisis. We're warning people.
Speaker 4 (15:14):
Two thousand and five, two thousand and six. Now, I wasn't.
Speaker 3 (15:19):
Clever enough to go down to Wall Street like Michael
Burry and have them create securities to short the housing market.
That's not what I do. I don't run a hedge fund.
But we warned our clients. We warned everybody here on
the program, stop taking money out of your retirement accounts
and buying three four pre construction condos in Bradenton, Florida.
(15:44):
It's not going to turn out well for you. And
we're right there. Why because we deal in reality. What
is happening on the ground right now. One of the
things again and bless his heart, bless his heart, President
of the United States, And I know he again he
(16:06):
is uh, he is the consummate exaggerator. Okay, that's what
he does. That's part of his stick. And the stick
this past week was that tariff revenue, tariff revenue might
be able to replace income taxes moving forward. Now, I
(16:26):
want you to really and we out there actually believe that.
Does anybody actually think that that is possible?
Speaker 4 (16:39):
Now?
Speaker 3 (16:41):
In what way? I'm just curious. Okay, last month we
had record tariff revenue thirty one point four billion dollars.
Now he's been lowering tariffs as of late, because why
costs for Americans are up.
Speaker 4 (16:57):
People are complaining.
Speaker 3 (16:58):
But let's just say, for argument's sake, let's just say
we do one hundred billion dollars a month in tariff revenue,
one point two trillion dollars a year. You know what
that covers currently? That covers the interests that we're paying
on our national debt.
Speaker 4 (17:21):
How in the world. I don't know.
Speaker 3 (17:23):
Were they going to replace the income tax with tariff revenue?
Now they can replace the income tax with a national
sales tax. Maybe they want institute of flat tax. I
am more a fan of national sales tax more than
anything else.
Speaker 4 (17:38):
But no, no.
Speaker 3 (17:40):
You're not going to be able to eliminate the income
tax with tariff revenue. And I get these emails from
people and I'm like, how are you not thinking, Oh, yeah, well,
look at this country ran for all these years prior
to income tax. They just ran on tariffs. Okay, you're right.
(18:02):
Did the United States? The United States prior to instituting
the income tax? Did it look anything like it does today?
Were there all of these welfare programs? Was their social security?
Did we have the largest military in the entire world.
Let me give you a bit of a newsflash. Prior
to World War Two, our military was smaller than Romania's
(18:26):
at the time. We weren't a global empire by any
stretch of the imagination. Did we have all of these
agencies and all of these NGOs and all of this stuff.
Speaker 4 (18:39):
No, we didn't.
Speaker 3 (18:41):
Now I'd love to go back to the old way,
quite frankly, I would, But do you see that happening. Yeah. Yeah,
they brought Elon Musk to make cuts and they threw
them out. Washington threw them out. Didn't want to make
any cuts. So stop, okay, stop. It's hard for me.
(19:01):
It is because again I am I don't I don't
like exaggeration. I don't like lies. I can't stand bs.
It's the business that I'm in. I can't stand it.
And this current president it's that's he just spews it.
It's it's his stick for crying out loud. It is
I guess I have to get, you know, used to
(19:22):
his stick, you know, like, oh, I got to get
used to you know, Gallagher, the comedian smashing watermelons for
crying out loud. No, I'm never gonna go see Gallagher.
But anyway, neither here nor there. Okay, it's not true. Now,
some of the recent economic numbers that came out, it
is interesting these things came out right before Thanksgiving. University
(19:45):
of Michigan consumer confidence numbers hit a record forty eight
year long story after story, the middle class buckling under
again five years of inflation. I talked about the interest
payments that we've got here, twenty four cents of every dollar,
(20:09):
every dollar in collected taxes goes to pay interest on
our debt. The month of October, yeah, we had record
tariff revenues.
Speaker 4 (20:19):
You don't want to know.
Speaker 3 (20:19):
We also had a record budget deficit. The budget deficit
for October was greater than the budget deficit during COVID.
Speaker 4 (20:33):
This is the.
Speaker 3 (20:33):
Reality of the terrain. You need to understand this. You
need to know this we do in order to what
invest properly. Watchdog on Wallstreet dot com will be back.
Speaker 1 (21:00):
You should believe in math, not magic. You are listening
to the Watchdog on Wall Street with Chris Markowski.
Speaker 3 (21:13):
Welcome back, Welcome back. It is the Watchdog on Wall
Street show. Yeah, this is this is what we brought in.
Okay again, no one's talking about this. Individual income taxes
the month of October two hundred and seventeen billion dollars
(21:35):
two hundred and seventeen billion dollars, FIKA one hundred and
twenty eight billion dollars, tariffs thirty one billion.
Speaker 4 (21:44):
Okay, and you get the others.
Speaker 3 (21:45):
You got corporate income taxes fifteen billion, XI six billion,
of state and give taxes four billion, miscellaneous four billion.
How in the world are you going to get that
thirty one billion dollars because total receipts for the month
of oct Over were four hundred and four billion dollars.
Speaker 4 (22:03):
How are you gonna even get close to that? What
type of tariffs are you going to actually charge?
Speaker 3 (22:07):
But again, the worst number is this, we spent six
hundred and eighty nine billion. And I I voted, I
voted for the president I did, and I want him
to get back on track. I want him to I
want him to go back and start doing the things
(22:29):
that I voted for.
Speaker 4 (22:30):
Doze cutting spending.
Speaker 3 (22:34):
They threw elon musk and Doze out the door, out
the door.
Speaker 4 (22:40):
Just see.
Speaker 3 (22:40):
You know, we have added We've added two point one
trillion dollars of debt since DOZE was formed on January twentieth,
inauguration day.
Speaker 4 (22:54):
We've added two.
Speaker 3 (22:55):
Point one trillion dollars in debt since that point in
tien time. Let me explain to you, okay, why nothing
is done. Okay, yeah, this this might get you little.
I'm not trying to rage bait you, but this is
just the facts here. Back in July, the House of
Representatives passed Tim Burchett's Bill. Tim Burchant put forward a
(23:21):
bill that would end sending forty million dollars a week
to the Taliban. Forty million dollars a week to the Taliban.
It passed the House of Representatives, the Senate has yet
to vote on the bill, and forty million dollars a
week continues to go to the Taliban.
Speaker 4 (23:43):
Why don't you think about that for a second. What
could you do?
Speaker 2 (23:45):
Know?
Speaker 3 (23:45):
I got a lot of entrepreneurs listening to this program.
What could you do with forty million dollars? How many
jobs could you create? What could you build and create
with that? We're sending forty million dollars a week to
the Taliban, and a Senate won't even vote to pull that.
And I'll explain to you why, then, to you why
(24:08):
both Democrats and Republicans it's a UNI party that forty
million dollars is filtered through various different NGOs and groups
in Washington, DC, And both Democrats and Republicans have friends
working at these NGOs, which are essentially no show jobs.
Speaker 4 (24:28):
That's all they are.
Speaker 3 (24:30):
The money flows through, they wet their beak, and then
whatever money is left might go to the Taliban.
Speaker 4 (24:36):
Like they'll say, forty million dollars is going to the Taliban.
Speaker 3 (24:39):
I bet you maybe five million will get to the Taliban.
Speaker 4 (24:43):
The other thirty five million goes through a bunch.
Speaker 3 (24:46):
Of Washington DC grifters that have ties to people in
government or used to be in government, or our relatives
of people in government. This is how our country works
to Like I said, think of Capital City from the
Hunger Games without the sacrifice and the kids there.
Speaker 4 (25:08):
That's what Washington DC is.
Speaker 3 (25:10):
It has the highest per capita income in the entire country.
They don't build anything, they don't create anything. They just
grift off us. Why do you think.
Speaker 4 (25:25):
They threw elon muscout.
Speaker 3 (25:29):
Because both sides are making money off of this, and
we allowed it to happen, not overnight, little by little,
by saying, hey, you know that tenth Amendment the Constitution
in states, right, you know, we'll just outsource.
Speaker 4 (25:52):
We'll just outsource everything.
Speaker 3 (25:54):
To Washington, DC. And that's what we've done. And this
is what this is what we've gotten. Right now, Why
do you think we we can't even the House of Representatives,
it has a job to do to pass spending bills.
We are still operating under Joe Biden spending We're about
(26:17):
ready to go into twenty twenty six and we're still
operating under Joe Biden spending. Oh, it's complicated, airs la Ken,
who gotta do it?
Speaker 4 (26:27):
No, it's not. It's not complicated. It's not complicated at all.
It's not complicated at all. It's a bunch of grifters.
Speaker 3 (26:35):
Until you come to terms with that and take off
your donkey jacket or donkey jersey or elephant jacket or elephant.
Speaker 4 (26:43):
Jersey and understand who these people are.
Speaker 3 (26:46):
Well, it's going to continue, keep going for the same people,
keeping raw Rock team, like you're gonna actually get something
if we win?
Speaker 4 (26:53):
What have we won? What have we won? I voted
for spending cuts, That's what I voted for. You put
Elon Musk in there. You threw them out the door.
Speaker 3 (27:05):
We've got two point one trillion dollars more in debt.
Speaker 4 (27:10):
Since Donald Trump was inaugurated. How is that?
Speaker 3 (27:15):
Okay, it's not I wanted to change. I want him
to do well. I'm just presenting the reality of the
terrain and do me a favor.
Speaker 4 (27:30):
Okay. If I get another.
Speaker 3 (27:31):
Email, which we always playing five D chess, please stop,
please stop.
Speaker 4 (27:37):
You're you're you're insulting, you're embarrassing yourself.
Speaker 3 (27:40):
By actually thinking that and saying that, and you're insulting
my intelligence. Use your head. Watchdog on Wallstreet dot com.
Watchdog on Wallstreet dot com is our site, oh forth
and grades, a podcast, newsletter, and of course our personal
c f O program. Sign up for that there Watchdog
(28:01):
on Wallstreet dot com, or give us a call eight
four seven one four.
Speaker 1 (28:20):
Bringing America financial freedom, one listener at a time. You're
listening to the Watchdog on Wall Street with Chris Markowski.
Speaker 3 (28:33):
Welcome back. I got I got a surefire win. I
got a surefire win for the president right now. He
could he could be Trump clause here, could be uh
trump clause right now. This would be a huge win
for him and give him some momentum. It's a step
in the right direction. You deal with the H one
(28:56):
B visas. You know what, you cancel it now, you canceled.
I don't want to hear oh.
Speaker 5 (29:02):
It's going to disrupt businesses and they're going to have
all sorts of problems.
Speaker 3 (29:07):
Cancel the H one BF visa program right now. We
We covered this extensively back in twenty and fifteen, twenty
and sixteen here on the program, story after story of
American workers having to train their replacements. One of the
(29:29):
big stories was actually at a Disney at the time.
I'm going to go through. It was a great article,
highly recommended, was in the American Affairs Journal dealing with
H one B visas and how it became nothing more
than a cheap labor pipeline. In nineteen ninety, Congress created
(29:51):
the H one B and it was supposed to be
for rare high skill specialists. Now people to this day
think that like sho hey Otani is playing on an
H one B visa.
Speaker 4 (30:02):
No he's not. He's playing.
Speaker 3 (30:04):
It's called like a an or an oh dash A
one visa, and that's for highly highly specific super spec
I mean it's you gotta be very very difficult to get.
Speaker 4 (30:18):
He's not in an H one B visa.
Speaker 3 (30:20):
Okay, anyway, So that's why it was created rare high
skill specialists. Nineteen nineties, here we come. We're the lobbyists,
where the corporate lobbyists then stripped out all sorts of
protections for American workers. Oh we get to the two
thousands and we're told, oh, oh, we got a shortage
of tech workers. Oh my god, we have we need
(30:42):
shortage of tech workers. And we got tech companies pitched
and got a huge expansion on H one B visas
two thousands. Again, outsourcing firms figure out all the loopholes
and flood the system. Tens H one B visa stops
being a talent visa and it comes the backbone of
offshore staffing. Number six Americans get laid off and forced
(31:08):
to train their replacements, and here we go Congress twenty
twenty three, twenty four. Congress wakes up and they're starting
to try to reform it. The President would have a
how would I put it?
Speaker 1 (31:21):
You win.
Speaker 4 (31:25):
If he got rid of the H one B visa again.
Speaker 3 (31:29):
See if he can stand up to all of those
CEOs that are sanging out around the White House. We
shall see. I'm not holding my breath though. Watchdog on
Wallstreet dot com. Watch Dog on Wallstreet dot com.
Speaker 4 (31:41):
We'll be back.
Speaker 1 (31:45):
Chris Markowski is the Watchdog on Wall Street, taking Wall
Streets liars, crooks, and sheets out behind the woodshed. You're
(32:09):
listening to the Watchdog on Wall Streets.
Speaker 3 (32:13):
Ah yeah, little Deaf Leopard. I still have my Vinyl
Hi Romania Deaf Leppard album. I love that when I
was a kid. Anyway, welcome back. It is the watchdog
on Wall Street. I loved it when I'm a kid,
love it now too. Anyway, yeah, Costco. Costco became the
(32:34):
latest and I think the biggest company out there to
sue the Trump administration over tariffs. They're hoping to secure
a full refund should the Supreme Court rule that the
tariffs are illegal.
Speaker 4 (32:54):
Now, I don't know what's going to happen.
Speaker 3 (32:57):
I don't I listened based upon the testimony that I
listened to and was given there, I don't see how
the administration wins.
Speaker 4 (33:08):
But again, I don't know what.
Speaker 3 (33:10):
These justices are doing behind the scenes of what they
think or what phone calls are being made. And they
may say, hey, well, you know it's a signature thing
for him, and I don't recall it being a signature thing.
I know Trump talked about tariffs. He didn't talk about
draconian tariffs and Liberation Day nonsense. But anyway, they're trying
to protect themselves. I don't know. I don't know if
(33:34):
the Supreme Court will come back and say, well, you
know what, you can no longer use these tariffs, but
everything that's been collected you can keep. Again, that would
still have lawsuits involved with that and I mentioned I
mentioned that none other than the Commerce Secretary's investment firm.
Speaker 4 (33:52):
That's right, his kids run it.
Speaker 3 (33:54):
Now, we're selling securities basically paying people back tariff money.
And basically they own the rights to any refund for tariffs.
I'm not making that up. They own the rights certain companies.
You could sell your rights to your tariff refund to
(34:18):
Howard Lutnick's kids, and then when the refunds come, they
get the refund. But you know, the company's basically secured
their position by getting at least something. I'm not making
this up. This is actually taking place at this point
in time.
Speaker 4 (34:33):
I don't know. I don't know anyway.
Speaker 3 (34:37):
Also, as I want to talk about, we talking about
high cost of food here in this country and the
issues with tariffs and soybeans, and you know, I know
we were told.
Speaker 4 (34:46):
China's gonna be buying all soybean.
Speaker 3 (34:48):
Bought Didley for crying out loud again, you know it's
Donald Trump.
Speaker 4 (34:53):
You know I caught a fish these big Okay.
Speaker 3 (34:59):
I want to talk talk about farm bailouts because that's
what we're hearing about now.
Speaker 5 (35:03):
We gotta protect flee. Look, Donald Trump loves farmers. We
gotta protect farmers. You gotta give farmers money. We love farmers.
Speaker 4 (35:11):
Okay.
Speaker 3 (35:12):
Over the past eight years, the US government has sent
one hundred and thirty billion dollars in emergency aid to farmers. Okay,
that's great, that's wonderful. Now again, I've made fun of
this for years because I talk about the amount of
farm checks that end up at Park Avenue addresses in
(35:34):
New York City.
Speaker 4 (35:36):
And again, I don't recall I lived in manhatt for
ten years.
Speaker 3 (35:39):
I don't recall them ever growing any corn or tomatoes
on the median on Park Avenue. Again I was I
found it funny too. Is Scott Bessett called himself a farmer.
Speaker 4 (35:51):
I actually had the goal to say it. It's like, yes, Scott, yeah, I.
Speaker 3 (35:54):
Sure you're gonna be getting out a tractor. Sure I
see that happen. And no, he owns farmland that he
to farmers. That doesn't make you a farmer, all right,
It doesn't make you a farmer. You know, I have
a Yankee Jersey. Doesn't make me a New York Yankee.
Pie just doesn't anyway, neither here nor there. But the
(36:15):
reality is is that the money isn't going to farmers.
Where's the money going. And this is the problem. Okay,
this is the problem we have in this country. Monopolistic
big business. It's going to big corporations. So let's say,
you know, farmer Jane and farmer Bob, they get a
(36:37):
bail out. Well, that money goes to the corporations that
they owe for seeds, fertilize or you know, farm equipment, machinery,
anything they need to farm. Meanwhile, the cost of seeds,
(36:57):
fertilizer and machinery, it has trip since the nineteen nineties.
Farmers are paying a lot more for the same things,
but what they're getting for their crops just baly enough
to cover it, basically breaking even. However, hey, those big corporations,
(37:24):
they're raking in huge profits. Monsanto and Bear merged in
twenty fifteen. We railed against us here on the program.
Nobody stopped them. What reality, You got a few companies
out there, few companies out there control almost everything. How
(37:44):
scary that is, seeds, fertilizer, machinery. It's it's honesty, it's
it's like a bond villain for crying out loud. Remember
Quantum of Solace there, remember what's his name there, Green
from Green Planet.
Speaker 4 (37:59):
He want wanted to control all of the water for Bolivia.
Remember that same type of thing. This is interesting.
Speaker 3 (38:09):
It's put together by Levi Leatherberry farmers Mike Gross five
hundred dollars an acre. They're paying four hundred and ninety
for inputs. That's how these companies inflate prices and squeeze farmers.
And when the farmers can't make ends meet, well, yeah,
(38:31):
the corporations go to Washington, DC. So you know, we're
gonna need to bail out these farmers. They're having a
real tough time making We're gonna have to bail them out. Yeah,
the corporations are not lowering their prices. They're basically getting
your tax dollars to keep their profits sky high. The
entire agriculture industry, the entire thing is one big, fat,
(38:53):
huge scam, and our government is letting it happen. Why well,
you know, they cut big checks, cut nice checks. They
do nice, big fat checks to your favorite politician. Watchdog
on Wallstreet dot com. Watchdog on Wallstreet dot com is
your Site's become a part of our family, our podcast, newsletter,
(39:14):
and of course our personal CFO program.
Speaker 4 (39:17):
You get to work with the.
Speaker 3 (39:18):
Markowski family watchdog on wallstreet dot com, We'll be back.
Speaker 1 (39:28):
You're listening to the Watchdog on Wall Street
Well, no one altered. Investment banker, consumer advocate, handalyst, trainer.
Chris Markowski is the watchdog the Wall Street. Do you
want to answer exposing the lines and myths that the
big brokerage firms, the mainstream press, and the government are
pushing to keep Americans away from financial freedom. You can't
(00:28):
handle the truth bringing America the truth about what really
happens in the financial world.
Speaker 2 (00:34):
Ladies and gentlemen.
Speaker 3 (00:35):
We're out here to indulge in fantasy, but in political
and economic reality.
Speaker 1 (00:39):
This is the Watchdog on Wall Streets.
Speaker 4 (00:42):
Yes, it is welcome. Welcome back, everybody out.
Speaker 3 (00:46):
Number two of the Watchdog on Wall Street Show started
off the pro first hour at the program today. Talk
a little bit about rage baiting and where we're at
as a country. And I'm gonna do my darnedest as
long as God's willing. I'm going to continue to fight
(01:06):
to my last breath, never going to quit, never going
to leave this program, never going to leave Markowski Investments.
Speaker 4 (01:17):
This is what I do and I love it. Again,
I want to sound so.
Speaker 3 (01:23):
Dire at the beginning of the program, but again, you
have to be honest with the situation.
Speaker 4 (01:30):
You have to Yeah, you can identify the problem.
Speaker 3 (01:32):
You recognize the problem, identify the problem, then you know what,
Then you can actually go out and do something to
solve the problem. I want to talk to everyone a
little bit about media today. I want to explain to
you how they offered It was interesting. I was reading
a column by a bunch of people that recently left Instagram,
(01:54):
and basically they broke down the entire thing is designed
like a drug to get people addicted. And they warn
as they shouldn't let kids near this thing, and how
it's designed and how it works. And again I talked
about this and what was going to happen. This was
in the early stages of Facebook. You had some of
(02:15):
the people leave. This is way back when it's the
two thousand and eight, two thousand and nine, we're talking
about how these things were going to be designed with
the algorithms, and how bad they were. Let me ask
you a question. I want you to think about this.
It's like the Capital one commercial. What's in your feed?
Speaker 4 (02:33):
Now? What's in your wallet? What's in your feed?
Speaker 3 (02:36):
What's in your x feed, Instagram, your TikTok scroll. When
you look at the political posts that show up every day,
are they all coming from one side, one narrative, one worldview.
Speaker 4 (02:58):
If everything you see is.
Speaker 3 (03:01):
Either full blown cheerleading for one team or full blown
hostility toward the other, then the algorithm's got you. You're
not being informed properly. You are being programmed. And I listen,
(03:22):
I'm not here. I'm not insulting anybody.
Speaker 4 (03:24):
I'm not.
Speaker 3 (03:25):
This is the reality. This is how they are design.
It's the reality of the modern platforms. Algorithms are engineered
to feed you dopamine and outrage, not clarity, not truth.
They serve you content that reinforces your bias.
Speaker 2 (03:48):
Keep just scrolling, keep angry, because an angry user is
an engaged user. An engaged user makes them money.
Speaker 4 (04:02):
One of the things again, I have taken. I'm honest.
Speaker 3 (04:05):
I try to be you know, you got to be
as humble as possible every single day.
Speaker 4 (04:10):
But I know I take a bit of pride, and
it does.
Speaker 3 (04:14):
It costs me, cost me followers, cost me friends, cost
me invitations, airtime.
Speaker 4 (04:22):
I get this.
Speaker 3 (04:24):
You want you want to know why I'm not on
Fox Business anymore. I won't toe the company line. I
dare criticize Trump, even though I have support him, though
I voted for.
Speaker 4 (04:34):
Him, we can. We know we need you to stay
in this lane. Well, you know what, take a hike.
I don't care money I could have taken.
Speaker 3 (04:48):
To pick a side from various different campaigns to advertise
on our program. No, I take pride in that I
can be an irritated to both sides. Sometimes I'll say
something that you know, that makes the maga world happy
(05:08):
and infuriates the traditional Republican class. Other times I'll go
after the corporatists side and the left and they'll agree
with the Again, it's different every single time. I'll torch
both factions at once. It's not chaos, it's not I'm
just thinking because reality, my friends, doesn't fit onto bumper
(05:32):
stickers or party jerseys. It's the reality that's important, the
truth that matters if your feed, what you're reading on
a regular basis. And again, this is how they design TV. Now, Okay,
we got this one. This media, We've got that media,
(05:54):
and this is what this media is saying, and that's
what that media saying. I'll give you a quick example,
quick example of this. This past week, Uh, you had
you had the story about all that the scandals that
were taking place in Minnesota, and we might get I
did a lot on on the podcast. I don't know
if I'm gonna have time to get into it today,
(06:14):
but I mean awful, awful. Do you think that that was.
Speaker 4 (06:17):
Widely reported on MSNBC and see it? No?
Speaker 3 (06:21):
No, Barrett, No, no, no, because that's that's against their narrative.
Speaker 4 (06:26):
Well, isn't it important? Isn't it?
Speaker 3 (06:28):
Isn't it reality? Yeah, but it's not their narrative. That's
that's not what their listeners want to hear. So they're
not gonna tell you that bit of news, and you're
gonna get the flip side. You're gonna get the flip side.
Donald Trump pardoned a massive Ponzi scheme con artist this
past week. Oh sure that was That was all over
(06:51):
the legacy media and MSNBC. But I did Fox talk
about that?
Speaker 2 (06:56):
No?
Speaker 4 (06:58):
What does that tell you?
Speaker 3 (07:00):
Did you think that these outlets are looking out for
your best interests or just their advertisers? You are being
nudged into various different reactions that have nothing to do
with the truth, nothing to do with context, nothing to
do with solutions. The goals not to inform you. It's
to keep you on the platform as long as possible,
(07:22):
keep you outrage, keep you convinced the other half of
America is evil and corrupt beyond redemption, creates clicks, comments, reshares,
advertisement dollars. Let me ask a question that does it
create wisdom? I strongly suggest you know, go back read
(07:44):
the proverbs in the Bible, read the Book of Wisdom
in the Bible. You think that has anything to do
with modern media at all, there's a I want to
give you an example, another example of this. Scott Jennings.
He's a big star, big star on the right. Scott Jennings,
He's on CNN and they always, they're all over social
(08:05):
media circulating clips of him. Oh man, look at Scott
Jennings' own so and so. He's like a dragon slayer,
a liberal slayer out there, the slayer of liberal narratives.
The left side has the same. They have their little
network approved fighters out there. You know. The funny thing
is is that Jennings was an anti Trumper and now
(08:28):
he exists solely on CNN for one purpose only to
defend Trump no matter what, no matter what the argument is,
and if the topic.
Speaker 4 (08:40):
Changes, his role changes with it. He's paid to take
a side. Same thing goes through.
Speaker 3 (08:47):
You got what's her name there on the five there,
Tarlof or whatever.
Speaker 4 (08:53):
You know.
Speaker 3 (08:53):
Time to time to throw a conservative on MSNBC. Their
job is to push the pre approved angle all the
network that pays them. I saw it firsthand. You don't
believe me. I lived in This is going back. I
don't know how to be like two thousand and eight,
two thousand and nine. Okay, I am doing I'm going
(09:16):
on Fox News, going on Fox News. I'm there at
sixth Avenue, New York, and I'm waiting in the green room.
I remember that day. I remember I met Suzanne Summers
in the green room that day.
Speaker 4 (09:26):
I'm going on.
Speaker 3 (09:28):
Who had a program there at the time. Oh, I'll
think of it. This is Eric Bowling. Eric Bowling's program.
I was going on, and I was gonna have a
debate about social Security. They had Bob Beckle, the late
Bob Beckle, who was at the time Fox's liberal liberal
on the program. I was going to debate him and
(09:49):
some left leaning professor from California, and again talking about
again nothing new for me here at the watchdog on
Wall Street. You know, I've been yelling and screaming about
social secure. Are in the solvency for decades. This is
like two thousand and eight, two thousand and nine. So
I'm sitting in the green room, sitting in a green
room next to Bob Beckle. Now I Bob Beckle. He
(10:11):
has like hey, introduces himself. God bless him. Real nice guy.
He didn't know a damn thing about Social Security. He
didn't understand anything about it at all.
Speaker 4 (10:21):
He actually asked.
Speaker 3 (10:23):
Me in the green room to explain it to him
before we went on.
Speaker 4 (10:29):
But as I'm trying to explain it to him.
Speaker 3 (10:31):
He lost focus and all he wanted to talk about
Wash I'll never forget was Keith Richards just came out
with a book, and how great this memoir. Keith Richard's
memoir was two tables down, two tables down. At the
same time, you've got two lawyers, two lawyers that I
don't remember what the topic they were discussing. They're about
(10:52):
ready to go on making Kelly's program, and they are
there in the green room working out their debate.
Speaker 4 (10:59):
Well, when you say this, I'll say this.
Speaker 3 (11:01):
Basically working out their debate in the green room before
they went on Megan Kelly's like it was wrestling, professional wrestling,
choreographing a match before they even went on.
Speaker 4 (11:14):
This is news. This is news to you. No, it
didn't matter.
Speaker 3 (11:22):
Didn't matter that I could and I did clean Bob
Beckele's clock on the program. Bob Beckle had some great
one miners. That's all that mattered. That's what he was
there for. It wasn't about coming to some sort of
discussion or debate, getting any sort of solution. Resolution wasn't
(11:42):
socratic by any stretch of the imagination. It's a show.
It's a show. This is what we call news. This
one gets into your feed. Imagine, okay, this just imagine
if people stop consuming it, if all those clips went away,
if we remove the oxygen from all of these shallow
(12:06):
shouting matches designed to generate viral engagement. Wow, we get
to what maybe true conversation is, How much better of
a world would we have.
Speaker 4 (12:22):
Now? No, can't have that. I don't know.
Speaker 3 (12:23):
We gotta keep the algorithms going. We gotta keep the
the the outrage lights. We got to keep them on.
I gotta take quick break. You're listening to the Watchdog
on Wall Street show. Watchdog on Wallstreet dot Com is
so again. I welcome each and every one. You become
a part of our family. The truth lives here, Truth
(12:45):
lives here, and we're gonna We're gonna continue to feature
never Gonna Be Bought, Watchdog on Wallstreet dot Com, our
personal CFO program, podcast, newsletter, all sorts of great stuff.
Speaker 4 (12:56):
Watchdog on Wallstreet dot Com. We'll be back the.
Speaker 1 (13:17):
Only man who is taking on the Wall Street establishment.
You're listening to the Watchdog and Wall Street with Chris Markowski.
Speaker 3 (13:29):
But I ask the question about our success at Markowski
Investments and our performance for our clients over the years.
In one way I would probably put it is that again,
I live. We live in the real world, not the
(13:49):
world that the media is pushing, not the narratives that
are being pushed. We live and exist in the real world.
Now we might want things to be a certain way,
but they're not.
Speaker 4 (14:08):
They're not.
Speaker 3 (14:09):
I made fun, you know, last hour of the program
with this, you know, this constant drum beat out there,
everything is awesome. Well that's just not true. Same thing.
You know, people were making fun of me back in
the nineteen nineties, I mean constants before I had a
radio show and I'm doing one radio show, one TV
(14:31):
show after another, and obviously it was a few decades younger,
and I'd be on.
Speaker 4 (14:36):
With these older all older wall Streek type stare.
Speaker 3 (14:40):
It's just young kid is always talking about it's a
new economy, earnings don't matter anymore, it's a new paradigm.
Speaker 4 (14:45):
Didn't you read George Gilder's book.
Speaker 3 (14:47):
Blah blah blah blah blah blah blah blah Blah'm like,
earnings do matter and eventually, eventually, you know, these companies
are gonna have to make money.
Speaker 4 (14:57):
And I don't see that happening. Oh no, you don't
get this.
Speaker 3 (14:59):
That and again called that was made fun of when
I called the Demise of n Run. Yeah, it took
another ten eleven months before it started to collapse. But
we were right financial crisis. We're warning people.
Speaker 4 (15:14):
Two thousand and five, two thousand and six. Now, I wasn't.
Speaker 3 (15:19):
Clever enough to go down to Wall Street like Michael
Burry and have them create securities to short the housing market.
That's not what I do. I don't run a hedge fund.
But we warned our clients. We warned everybody here on
the program, stop taking money out of your retirement accounts
and buying three four pre construction condos in Bradenton, Florida.
(15:44):
It's not going to turn out well for you. And
we're right there. Why because we deal in reality. What
is happening on the ground right now. One of the
things again and bless his heart, bless his heart, President
of the United States, And I know he again he
(16:06):
is uh, he is the consummate exaggerator. Okay, that's what
he does. That's part of his stick. And the stick
this past week was that tariff revenue, tariff revenue might
be able to replace income taxes moving forward. Now, I
(16:26):
want you to really and we out there actually believe that.
Does anybody actually think that that is possible?
Speaker 4 (16:39):
Now?
Speaker 3 (16:41):
In what way? I'm just curious. Okay, last month we
had record tariff revenue thirty one point four billion dollars.
Now he's been lowering tariffs as of late, because why
costs for Americans are up.
Speaker 4 (16:57):
People are complaining.
Speaker 3 (16:58):
But let's just say, for argument's sake, let's just say
we do one hundred billion dollars a month in tariff revenue,
one point two trillion dollars a year. You know what
that covers currently? That covers the interests that we're paying
on our national debt.
Speaker 4 (17:21):
How in the world. I don't know.
Speaker 3 (17:23):
Were they going to replace the income tax with tariff revenue?
Now they can replace the income tax with a national
sales tax. Maybe they want institute of flat tax. I
am more a fan of national sales tax more than
anything else.
Speaker 4 (17:38):
But no, no.
Speaker 3 (17:40):
You're not going to be able to eliminate the income
tax with tariff revenue. And I get these emails from
people and I'm like, how are you not thinking, Oh, yeah, well,
look at this country ran for all these years prior
to income tax. They just ran on tariffs. Okay, you're right.
(18:02):
Did the United States? The United States prior to instituting
the income tax? Did it look anything like it does today?
Were there all of these welfare programs? Was their social security?
Did we have the largest military in the entire world.
Let me give you a bit of a newsflash. Prior
to World War Two, our military was smaller than Romania's
(18:26):
at the time. We weren't a global empire by any
stretch of the imagination. Did we have all of these
agencies and all of these NGOs and all of this stuff.
Speaker 4 (18:39):
No, we didn't.
Speaker 3 (18:41):
Now I'd love to go back to the old way,
quite frankly, I would, But do you see that happening. Yeah. Yeah,
they brought Elon Musk to make cuts and they threw
them out. Washington threw them out. Didn't want to make
any cuts. So stop, okay, stop. It's hard for me.
(19:01):
It is because again I am I don't I don't
like exaggeration. I don't like lies. I can't stand bs.
It's the business that I'm in. I can't stand it.
And this current president it's that's he just spews it.
It's it's his stick for crying out loud. It is
I guess I have to get, you know, used to
(19:22):
his stick, you know, like, oh, I got to get
used to you know, Gallagher, the comedian smashing watermelons for
crying out loud. No, I'm never gonna go see Gallagher.
But anyway, neither here nor there. Okay, it's not true. Now,
some of the recent economic numbers that came out, it
is interesting these things came out right before Thanksgiving. University
(19:45):
of Michigan consumer confidence numbers hit a record forty eight
year long story after story, the middle class buckling under
again five years of inflation. I talked about the interest
payments that we've got here, twenty four cents of every dollar,
(20:09):
every dollar in collected taxes goes to pay interest on
our debt. The month of October, yeah, we had record
tariff revenues.
Speaker 4 (20:19):
You don't want to know.
Speaker 3 (20:19):
We also had a record budget deficit. The budget deficit
for October was greater than the budget deficit during COVID.
Speaker 4 (20:33):
This is the.
Speaker 3 (20:33):
Reality of the terrain. You need to understand this. You
need to know this we do in order to what
invest properly. Watchdog on Wallstreet dot com will be back.
Speaker 1 (21:00):
You should believe in math, not magic. You are listening
to the Watchdog on Wall Street with Chris Markowski.
Speaker 3 (21:13):
Welcome back, Welcome back. It is the Watchdog on Wall
Street show. Yeah, this is this is what we brought in.
Okay again, no one's talking about this. Individual income taxes
the month of October two hundred and seventeen billion dollars
(21:35):
two hundred and seventeen billion dollars, FIKA one hundred and
twenty eight billion dollars, tariffs thirty one billion.
Speaker 4 (21:44):
Okay, and you get the others.
Speaker 3 (21:45):
You got corporate income taxes fifteen billion, XI six billion,
of state and give taxes four billion, miscellaneous four billion.
How in the world are you going to get that
thirty one billion dollars because total receipts for the month
of oct Over were four hundred and four billion dollars.
Speaker 4 (22:03):
How are you gonna even get close to that? What
type of tariffs are you going to actually charge?
Speaker 3 (22:07):
But again, the worst number is this, we spent six
hundred and eighty nine billion. And I I voted, I
voted for the president I did, and I want him
to get back on track. I want him to I
want him to go back and start doing the things
(22:29):
that I voted for.
Speaker 4 (22:30):
Doze cutting spending.
Speaker 3 (22:34):
They threw elon musk and Doze out the door, out
the door.
Speaker 4 (22:40):
Just see.
Speaker 3 (22:40):
You know, we have added We've added two point one
trillion dollars of debt since DOZE was formed on January twentieth,
inauguration day.
Speaker 4 (22:54):
We've added two.
Speaker 3 (22:55):
Point one trillion dollars in debt since that point in
tien time. Let me explain to you, okay, why nothing
is done. Okay, yeah, this this might get you little.
I'm not trying to rage bait you, but this is
just the facts here. Back in July, the House of
Representatives passed Tim Burchett's Bill. Tim Burchant put forward a
(23:21):
bill that would end sending forty million dollars a week
to the Taliban. Forty million dollars a week to the Taliban.
It passed the House of Representatives, the Senate has yet
to vote on the bill, and forty million dollars a
week continues to go to the Taliban.
Speaker 4 (23:43):
Why don't you think about that for a second. What
could you do?
Speaker 2 (23:45):
Know?
Speaker 3 (23:45):
I got a lot of entrepreneurs listening to this program.
What could you do with forty million dollars? How many
jobs could you create? What could you build and create
with that? We're sending forty million dollars a week to
the Taliban, and a Senate won't even vote to pull that.
And I'll explain to you why, then, to you why
(24:08):
both Democrats and Republicans it's a UNI party that forty
million dollars is filtered through various different NGOs and groups
in Washington, DC, And both Democrats and Republicans have friends
working at these NGOs, which are essentially no show jobs.
Speaker 4 (24:28):
That's all they are.
Speaker 3 (24:30):
The money flows through, they wet their beak, and then
whatever money is left might go to the Taliban.
Speaker 4 (24:36):
Like they'll say, forty million dollars is going to the Taliban.
Speaker 3 (24:39):
I bet you maybe five million will get to the Taliban.
Speaker 4 (24:43):
The other thirty five million goes through a bunch.
Speaker 3 (24:46):
Of Washington DC grifters that have ties to people in
government or used to be in government, or our relatives
of people in government. This is how our country works
to Like I said, think of Capital City from the
Hunger Games without the sacrifice and the kids there.
Speaker 4 (25:08):
That's what Washington DC is.
Speaker 3 (25:10):
It has the highest per capita income in the entire country.
They don't build anything, they don't create anything. They just
grift off us. Why do you think.
Speaker 4 (25:25):
They threw elon muscout.
Speaker 3 (25:29):
Because both sides are making money off of this, and
we allowed it to happen, not overnight, little by little,
by saying, hey, you know that tenth Amendment the Constitution
in states, right, you know, we'll just outsource.
Speaker 4 (25:52):
We'll just outsource everything.
Speaker 3 (25:54):
To Washington, DC. And that's what we've done. And this
is what this is what we've gotten. Right now, Why
do you think we we can't even the House of Representatives,
it has a job to do to pass spending bills.
We are still operating under Joe Biden spending We're about
(26:17):
ready to go into twenty twenty six and we're still
operating under Joe Biden spending. Oh, it's complicated, airs la Ken,
who gotta do it?
Speaker 4 (26:27):
No, it's not. It's not complicated. It's not complicated at all.
It's not complicated at all. It's a bunch of grifters.
Speaker 3 (26:35):
Until you come to terms with that and take off
your donkey jacket or donkey jersey or elephant jacket or elephant.
Speaker 4 (26:43):
Jersey and understand who these people are.
Speaker 3 (26:46):
Well, it's going to continue, keep going for the same people,
keeping raw Rock team, like you're gonna actually get something
if we win?
Speaker 4 (26:53):
What have we won? What have we won? I voted
for spending cuts, That's what I voted for. You put
Elon Musk in there. You threw them out the door.
Speaker 3 (27:05):
We've got two point one trillion dollars more in debt.
Speaker 4 (27:10):
Since Donald Trump was inaugurated. How is that?
Speaker 3 (27:15):
Okay, it's not I wanted to change. I want him
to do well. I'm just presenting the reality of the
terrain and do me a favor.
Speaker 4 (27:30):
Okay. If I get another.
Speaker 3 (27:31):
Email, which we always playing five D chess, please stop,
please stop.
Speaker 4 (27:37):
You're you're you're insulting, you're embarrassing yourself.
Speaker 3 (27:40):
By actually thinking that and saying that, and you're insulting
my intelligence. Use your head. Watchdog on Wallstreet dot com.
Watchdog on Wallstreet dot com is our site, oh forth
and grades, a podcast, newsletter, and of course our personal
c f O program. Sign up for that there Watchdog
(28:01):
on Wallstreet dot com, or give us a call eight
four seven one four.
Speaker 1 (28:20):
Bringing America financial freedom, one listener at a time. You're
listening to the Watchdog on Wall Street with Chris Markowski.
Speaker 3 (28:33):
Welcome back. I got I got a surefire win. I
got a surefire win for the president right now. He
could he could be Trump clause here, could be uh
trump clause right now. This would be a huge win
for him and give him some momentum. It's a step
in the right direction. You deal with the H one
(28:56):
B visas. You know what, you cancel it now, you canceled.
I don't want to hear oh.
Speaker 5 (29:02):
It's going to disrupt businesses and they're going to have
all sorts of problems.
Speaker 3 (29:07):
Cancel the H one BF visa program right now. We
We covered this extensively back in twenty and fifteen, twenty
and sixteen here on the program, story after story of
American workers having to train their replacements. One of the
(29:29):
big stories was actually at a Disney at the time.
I'm going to go through. It was a great article,
highly recommended, was in the American Affairs Journal dealing with
H one B visas and how it became nothing more
than a cheap labor pipeline. In nineteen ninety, Congress created
(29:51):
the H one B and it was supposed to be
for rare high skill specialists. Now people to this day
think that like sho hey Otani is playing on an
H one B visa.
Speaker 4 (30:02):
No he's not. He's playing.
Speaker 3 (30:04):
It's called like a an or an oh dash A
one visa, and that's for highly highly specific super spec
I mean it's you gotta be very very difficult to get.
Speaker 4 (30:18):
He's not in an H one B visa.
Speaker 3 (30:20):
Okay, anyway, So that's why it was created rare high
skill specialists. Nineteen nineties, here we come. We're the lobbyists,
where the corporate lobbyists then stripped out all sorts of
protections for American workers. Oh we get to the two
thousands and we're told, oh, oh, we got a shortage
of tech workers. Oh my god, we have we need
(30:42):
shortage of tech workers. And we got tech companies pitched
and got a huge expansion on H one B visas
two thousands. Again, outsourcing firms figure out all the loopholes
and flood the system. Tens H one B visa stops
being a talent visa and it comes the backbone of
offshore staffing. Number six Americans get laid off and forced
(31:08):
to train their replacements, and here we go Congress twenty
twenty three, twenty four. Congress wakes up and they're starting
to try to reform it. The President would have a
how would I put it?
Speaker 1 (31:21):
You win.
Speaker 4 (31:25):
If he got rid of the H one B visa again.
Speaker 3 (31:29):
See if he can stand up to all of those
CEOs that are sanging out around the White House. We
shall see. I'm not holding my breath though. Watchdog on
Wallstreet dot com. Watch Dog on Wallstreet dot com.
Speaker 4 (31:41):
We'll be back.
Speaker 1 (31:45):
Chris Markowski is the Watchdog on Wall Street, taking Wall
Streets liars, crooks, and sheets out behind the woodshed. You're
(32:09):
listening to the Watchdog on Wall Streets.
Speaker 3 (32:13):
Ah yeah, little Deaf Leopard. I still have my Vinyl
Hi Romania Deaf Leppard album. I love that when I
was a kid. Anyway, welcome back. It is the watchdog
on Wall Street. I loved it when I'm a kid,
love it now too. Anyway, yeah, Costco. Costco became the
(32:34):
latest and I think the biggest company out there to
sue the Trump administration over tariffs. They're hoping to secure
a full refund should the Supreme Court rule that the
tariffs are illegal.
Speaker 4 (32:54):
Now, I don't know what's going to happen.
Speaker 3 (32:57):
I don't I listened based upon the testimony that I
listened to and was given there, I don't see how
the administration wins.
Speaker 4 (33:08):
But again, I don't know what.
Speaker 3 (33:10):
These justices are doing behind the scenes of what they
think or what phone calls are being made. And they
may say, hey, well, you know it's a signature thing
for him, and I don't recall it being a signature thing.
I know Trump talked about tariffs. He didn't talk about
draconian tariffs and Liberation Day nonsense. But anyway, they're trying
to protect themselves. I don't know. I don't know if
(33:34):
the Supreme Court will come back and say, well, you
know what, you can no longer use these tariffs, but
everything that's been collected you can keep. Again, that would
still have lawsuits involved with that and I mentioned I
mentioned that none other than the Commerce Secretary's investment firm.
Speaker 4 (33:52):
That's right, his kids run it.
Speaker 3 (33:54):
Now, we're selling securities basically paying people back tariff money.
And basically they own the rights to any refund for tariffs.
I'm not making that up. They own the rights certain companies.
You could sell your rights to your tariff refund to
(34:18):
Howard Lutnick's kids, and then when the refunds come, they
get the refund. But you know, the company's basically secured
their position by getting at least something. I'm not making
this up. This is actually taking place at this point
in time.
Speaker 4 (34:33):
I don't know. I don't know anyway.
Speaker 3 (34:37):
Also, as I want to talk about, we talking about
high cost of food here in this country and the
issues with tariffs and soybeans, and you know, I know
we were told.
Speaker 4 (34:46):
China's gonna be buying all soybean.
Speaker 3 (34:48):
Bought Didley for crying out loud again, you know it's
Donald Trump.
Speaker 4 (34:53):
You know I caught a fish these big Okay.
Speaker 3 (34:59):
I want to talk talk about farm bailouts because that's
what we're hearing about now.
Speaker 5 (35:03):
We gotta protect flee. Look, Donald Trump loves farmers. We
gotta protect farmers. You gotta give farmers money. We love farmers.
Speaker 4 (35:11):
Okay.
Speaker 3 (35:12):
Over the past eight years, the US government has sent
one hundred and thirty billion dollars in emergency aid to farmers. Okay,
that's great, that's wonderful. Now again, I've made fun of
this for years because I talk about the amount of
farm checks that end up at Park Avenue addresses in
(35:34):
New York City.
Speaker 4 (35:36):
And again, I don't recall I lived in manhatt for
ten years.
Speaker 3 (35:39):
I don't recall them ever growing any corn or tomatoes
on the median on Park Avenue. Again I was I
found it funny too. Is Scott Bessett called himself a farmer.
Speaker 4 (35:51):
I actually had the goal to say it. It's like, yes, Scott, yeah, I.
Speaker 3 (35:54):
Sure you're gonna be getting out a tractor. Sure I
see that happen. And no, he owns farmland that he
to farmers. That doesn't make you a farmer, all right,
It doesn't make you a farmer. You know, I have
a Yankee Jersey. Doesn't make me a New York Yankee.
Pie just doesn't anyway, neither here nor there. But the
(36:15):
reality is is that the money isn't going to farmers.
Where's the money going. And this is the problem. Okay,
this is the problem we have in this country. Monopolistic
big business. It's going to big corporations. So let's say,
you know, farmer Jane and farmer Bob, they get a
(36:37):
bail out. Well, that money goes to the corporations that
they owe for seeds, fertilize or you know, farm equipment, machinery,
anything they need to farm. Meanwhile, the cost of seeds,
(36:57):
fertilizer and machinery, it has trip since the nineteen nineties.
Farmers are paying a lot more for the same things,
but what they're getting for their crops just baly enough
to cover it, basically breaking even. However, hey, those big corporations,
(37:24):
they're raking in huge profits. Monsanto and Bear merged in
twenty fifteen. We railed against us here on the program.
Nobody stopped them. What reality, You got a few companies
out there, few companies out there control almost everything. How
(37:44):
scary that is, seeds, fertilizer, machinery. It's it's honesty, it's
it's like a bond villain for crying out loud. Remember
Quantum of Solace there, remember what's his name there, Green
from Green Planet.
Speaker 4 (37:59):
He want wanted to control all of the water for Bolivia.
Remember that same type of thing. This is interesting.
Speaker 3 (38:09):
It's put together by Levi Leatherberry farmers Mike Gross five
hundred dollars an acre. They're paying four hundred and ninety
for inputs. That's how these companies inflate prices and squeeze farmers.
And when the farmers can't make ends meet, well, yeah,
(38:31):
the corporations go to Washington, DC. So you know, we're
gonna need to bail out these farmers. They're having a
real tough time making We're gonna have to bail them out. Yeah,
the corporations are not lowering their prices. They're basically getting
your tax dollars to keep their profits sky high. The
entire agriculture industry, the entire thing is one big, fat,
(38:53):
huge scam, and our government is letting it happen. Why well,
you know, they cut big checks, cut nice checks. They
do nice, big fat checks to your favorite politician. Watchdog
on Wallstreet dot com. Watchdog on Wallstreet dot com is
your Site's become a part of our family, our podcast, newsletter,
(39:14):
and of course our personal CFO program.
Speaker 4 (39:17):
You get to work with the.
Speaker 3 (39:18):
Markowski family watchdog on wallstreet dot com, We'll be back.
Speaker 1 (39:28):
You're listening to the Watchdog on Wall Street
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