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September 12, 2024 • 20 mins
Trump Really Stepped in It During the Debate. www.watchdogonwallstreet.com
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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 that we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.

Speaker 2 (00:16):
So, Donald Trump DJT and the terrible, horrible, no good,
very bad debate.

Speaker 3 (00:29):
Okay, I know he trump'ster's out there, take a chill. Okay,
you got to listen to the entire podcast here to
get my point.

Speaker 4 (00:39):
Trump was terrible. You all saw it. You all SAWT,
you all watched it.

Speaker 3 (00:49):
Did an absolutely horrible job in the debate, and quite frankly,
I don't think he should do another one. First and foremost,
not everybody is capable of debating, and quite frankly, Donald
Trump has been horrible at them.

Speaker 4 (01:10):
He really has.

Speaker 3 (01:11):
He's not been very good at these debates for some time.
Some say he may have done well against Hillary Clinton.

Speaker 4 (01:21):
They said, well, yeah, I just crushed Joe Biden. He
didn't crush Joe Biden. Joe Biden crushed Joe Biden in
that debate.

Speaker 3 (01:30):
And let's understand, we're taking the word debate and we
don't even use it properly. What these presidential debates have
devolved into kind of like those were the nineteen nineties
battles between rappers, where they rappers will just make fun

(01:52):
of each other and each other's mothers and whatnot to
see who's going to win.

Speaker 4 (01:57):
I'm a big fan.

Speaker 3 (01:57):
I love debates. I listened to an array a basis.
It's uh, actually, you know put out. It's called SOHO
Forum the Reason magazine. It's a libertarian group that that
has various different debates on issues, and they actually debate issues.
Nobody in the SOHO form the base if people on
opposite sides are very important, I mean debating everything from vaccines,

(02:22):
economic policy, whatever it may be. Neither side attacks the
other personally. It's it's not what it's about. It's about
trying to win over the audience based upon, you know,
using your brain. But again it's it's an in you know,
it's an intelligent lot that tends to listen to those things.

(02:44):
We don't have debates in this country we as we have.
We have rapper battles. Now Donald Trump he can't help himself,
he really, he cannot help himself.

Speaker 4 (02:58):
I was thinking about it. There was this I thought
it was hilarious movie with Jim Carrey. It was a
Farley Brothers movie.

Speaker 3 (03:05):
Me Myself and Irene and Jim Carrey plays this police office.
Great guy, this police officer, but everybody takes advantage of
him all the time, makes fun of him. And eventually
he had he snapped and he had a second personality
come out called Hank, who would get angry and was
complete opposite of what Charlie was.

Speaker 4 (03:27):
And again it was a pretty funny movie. But that's Trump.
That's Trump, and we all saw it. We all saw it.

Speaker 3 (03:36):
All Kamala Harris had to do was to bring up
his debates.

Speaker 4 (03:42):
It's the weirdest It's the weirdest thing going. It's the
weirdest thing going. It's like a trigger for Donald Trump.

Speaker 5 (03:51):
How dare you make fun of the size of my
the size of my rallies and the people that are
showing up to my rallies are the best rallies ever,
and everybody loves my rallies.

Speaker 4 (04:01):
Nobody goes here. I'm like, are you Kidney really? Uh?
He came me.

Speaker 3 (04:10):
Actually, they're running commercials. Harris's campaigns run commercials with that
bit that Obama did at the d n C with
the you know, the size matters thing with the debates anyway, anyway,
he cannot help himself.

Speaker 4 (04:25):
He can't.

Speaker 3 (04:27):
Now, I thought from the opening moment moments of that debate,
it was over as soon as Kamala Harris started speaking.
When he was asked about you know, are you better
off today than four years ago? And she starts, she starts,
I don't know, talking about her middle class upbringing. I

(04:50):
was like, oh my god, Trump's gonna Trump could destroy her.
Trump could destroyers. Didn't answer the question, and he failed
to do it. He failed to do it. I don't
know if he has And again, like I said, he's
not a good debater. It's awful, Okay, I don't know

(05:10):
if he cannot. He does not have command of numbers
and issues in facts, and he just goes scatterbrain up there.

Speaker 4 (05:23):
But he should have gotten crushed.

Speaker 3 (05:26):
I'm getting texts from my son Steven during the debate.
I remember Kamala Harris brings up people that he fired
and left his administration, and I got a text by it.
I'm like, why doesn't he I mean, she's got ninety
percent turnover on her staff, not only a vice president,

(05:47):
but when she was senator, as well that's all you
got to say. Excuse me, madam Vice President, but correct
me if I'm wrong. Do you or do you not
have ninety percent turnover on your staff? You don't have
to go on as long salt me anything.

Speaker 4 (06:03):
That's it? Yes or no? Do you have that? Yes?
She does over. I mean again, you know stuff that
would have been it should have been a no brainer.
Now I want to talk a little.

Speaker 3 (06:19):
Bit because again this this kind of pisses me off
to Okay, a bunch of whimps Republicans have become.

Speaker 4 (06:27):
I'm so sick and tired of.

Speaker 3 (06:30):
All these people out there whining and complaining about the moderators.

Speaker 4 (06:35):
It's not fair.

Speaker 3 (06:36):
Life's not fair. Didn't I just do recently do a
podcast on that life is not fair? You are doing
a debate on a B so you already know going
in that they've already given her one hundred percent positive coverage.
You're not prepared for this. I've been a piece of cake.

(07:01):
You need to be prepared. Yeah, I've told the story before. Again,
kind of bit of a sidetrack. I coached lacrosse. There's
a very very extreme rivalry between Long Island and Maryland,
and when we go down to Maryland play in various tournaments.

(07:22):
I knew we were not getting any calls at all.
I mean, brutal, brutal, how biased the refs were down there.
Now Here in Long Island, I'm gonna be honest, refs
aren't biased. They just don't call anything. Games tend to
get a lot more violent up here. But anyway, neither
here nor there. In practice, In practice, I do this

(07:44):
all the time. We were doing scrimmages and practices, and
I'm officiating. I mean the ref they're in the practice,
I make absolutely horrible calls, bias calls.

Speaker 4 (07:55):
On purpose.

Speaker 3 (07:57):
To see how the kids are going to re act.
How you go about handling situations like this.

Speaker 4 (08:04):
You knew this going in. Stop blaming the moderate what
they're already fact checking her. I mean, you got to
be prepared for that.

Speaker 2 (08:14):
You can call the moderators right out there, be prepared
for what they're gonna throw.

Speaker 4 (08:20):
There's no excuse for that.

Speaker 3 (08:26):
Then I'm watching the entire thing and again again he's
not And I kind of was thinking to myself, why
can't why can't he be more like Reagan?

Speaker 4 (08:39):
Why can't he be more positive? Again?

Speaker 3 (08:45):
What we try here on the show is we cover
a lot of you know, the issues that are facing
the country, the issues that are what we have to
deal with as a country. But again, you want to
have a positive vision, an optimistic vision for the future.
And again he doesn't.

Speaker 4 (09:01):
He doesn't do that. He's not Reagan.

Speaker 3 (09:03):
He's not capable of doing that. And I thought about
it over.

Speaker 4 (09:06):
The past.

Speaker 3 (09:09):
Twenty four hours and I said, maybe we're asking too much.
That's just something that he can't do. Project twenty twenty
five came up, and you know, ninety five percent of
the poppers doesn't even know what it is. And again
I'm read it. It's Heritage Foundation. I happen to like

(09:30):
Project twenty twenty five. I don't know why Republicans are
running away from it. It's just about shrinking the size
of government. The Heritage Foundation put together a similar plan,
and I was like, nineteen seventy nine to nineteen eighty,
this is the end of the Carter years going into
Reagan as a vision for a better future. And it

(09:53):
worked out pretty well. Check it out yourself. Check it
out yourself, because all I do is they make up
lies about it. But again, you don't have to, you know,
just say listen. I don't you know, listen, I'm not
a member, he says, I'm not remember the Heritage Foundation.
I never anything to Project twenty twenty five. If you
want to, you know, throw nonsense up at a wall

(10:13):
to you know, to try to confuse people. I mean,
you're gonna do what you're gonna do. But you know,
easy to handle these things come not have to get angry.
I it's like again when you when you're arguing with
stuff like that, it's like almost like arguing with a child.
What's the point in yelling and arguing with the child
you just talked to us? You make no sense. Okay,

(10:36):
I'm not gonna drag myself down into this, but it
also it doesn't doesn't help as well again on that Yeah,
you know, yesterday Morning Man to make the Fox News
appearance and he.

Speaker 4 (10:51):
Ah, yeah, we we won that debate.

Speaker 2 (10:53):
Man.

Speaker 3 (10:53):
Oh yeah, people are telling her, yeah, ninety percent of
the people to way again.

Speaker 4 (11:01):
You know, it drives me crazy.

Speaker 3 (11:05):
It really does, you know, because again you don't know
what to Donald Trump has got the little boy who
Cried Wolf problem.

Speaker 4 (11:14):
Okay, he makes a lot of crap up all the time.
All the time. Me makes crap up and we all
know it. Again, he's got that massive exaggeration problem. I
caught a fish this big.

Speaker 3 (11:35):
And when you do that, people are like, uh, yeah,
I don't know whether or not to believe what he's
saying or not.

Speaker 4 (11:42):
I mean, you could have come you can come out
and say, you.

Speaker 3 (11:45):
Know what, I had a bad night last night, bad
night last night. You know what, I shouldn't let her
get me rattled and why not?

Speaker 4 (11:54):
And then again, go to the facts. Go to the facts.

Speaker 3 (12:00):
Now he's got the Vek, he's got Tulsa Gabbard, even Jade.
I mean, they're going out there and doing that. If
they want to continue to have them do that, fine,
And he wants to continue to hold his rallies, fine,
but I strongly suggest not doing any more debates again,
just stuff that he should have had command of when

(12:23):
he was up there talking about consumer prices and comparing
them to where they were, because again you knew Kamala
Harris talking about Yeah, mission impossible, Mission accomplished when it.

Speaker 4 (12:35):
Comes to inflation.

Speaker 3 (12:37):
Okay, overall food prices up twenty three percent in the
last four years. Again, eggs up over sixty percent, meet
up twenty two percent. Housing prices up twenty three percent,

(12:59):
Energy ices increased forty two percent, fuel oil up seventy percent.
You go right down the line. These are the numbers.
These are the number. This, this is your record, how
mad and Vice President? And again i'd be respectful as possible,

(13:23):
Madame Vice President, How is this good for the middle class? Yeah, okay,
inflation has come down, Madam Vice President, but prices haven't
price wages haven't kept up by any stretch of the imagination.
Real median earn earnings for full time workers last year

(13:43):
down one point six percent, one point six percent. And
you could take a look. Okay, these are some of
the numbers. Okay, between twenty sixteen twenty nineteen, incomes climbed.
You go by dem graphic groups for Asians fourteen thousand,
six hundreds, whites, eighty nine hundred, Hispanics six nine hundred,

(14:08):
Blacks forty five hundred. Okay, compare those games over the past.
For years, we boosted growth, we boosted people's wages, We
kept prices in check. The exact opposite was the case
with your administration. How are raising people's taxes and increasing regulations?

(14:33):
How is that going to change the dynamic? Comp don't
get angry, calm.

Speaker 4 (14:40):
Cool and collected.

Speaker 3 (14:46):
Again a awful, terrible, awful debate for Donald Trump doesn't matter.
What did Kamala Harris win?

Speaker 4 (14:57):
Gotta tell this that there, What did she win in
this debate? Nothing? Nothing, You didn't win anything. The reality
is reality.

Speaker 3 (15:14):
And again this is where going into the Lions then
going down to ABC, I would have given it back
to the moderators in a subtle way. People don't watch anymore.
But people are people. There more people following shows on
like mine, Megan Kelly, Joe Rogan X than they are

(15:40):
the networks.

Speaker 4 (15:40):
It was simple. This is why. Again, guys, you.

Speaker 3 (15:42):
Know you want to fact check me all the time,
want to throw things up to that too, but you're
not doing. This is why nobody's watching your programs anymore.
I say, you know, quite frankly, if if mat and
Vice President would have agreed to have done this debate
on X, we would have gotten a lot more viewers.
Quite frankly, you know, Megan Kelly show is blowing away

(16:02):
anything on any of the network's crushing it.

Speaker 4 (16:06):
So what's going to happen? I get back to what
did you win?

Speaker 3 (16:09):
People are gonna go back and they're going to look,
they're going to check, they're going to look.

Speaker 4 (16:13):
Through some of this.

Speaker 3 (16:15):
Now, the goal, the goal of these debates, the goal
of these debates, quite frankly, is to you're trying to
add You're trying You're trying to bring people over to
your side. You want more people to vote for you. Now,

(16:35):
what what did this do? Did this solidify the Kamala
Harris base?

Speaker 4 (16:40):
Yes? Did it again solidify the Trump base? Yes?

Speaker 3 (16:47):
The super Trumpeters and the magatie that they're ticked off.
You know, you disrespected my guy. Okay, was unfair and
you just again you just you didn't lose any voters there.

Speaker 4 (16:59):
The goal debates is to bring people over to your side.
What's going on?

Speaker 3 (17:04):
The independent voters, young people, whatever it may be. Do
you think Kamala won anyone over? Did she say anything?

Speaker 4 (17:18):
What? What did you What did you take from this?
What did you learn?

Speaker 3 (17:22):
Did you get any policies or anything like that? How
they're going to benefit you? Again, we've got a life story,
middle class background, you know, uh, opportunity economy, what what's
what's your plan in doing? Yeah, you can go to
a website. We went over the policies this past week
on the show. It's not much there. One sentence, two sentence.

(17:48):
I do I don't think it's moved a needle. I
don't think it moved the needels. So again I'm thinking
about it. I'm saying, what's the point, what's the point.
I've thrown this out there before, and again it's it's
just me.

Speaker 4 (18:05):
I guess not good for TV. I'd love to see
I'd love to.

Speaker 3 (18:09):
See a debate where again, it's more like I said,
a a real debate. You're not you're not trying to
make fun or tear down your opponent. You're basically debating ideas.
Your debating ideas. So you structure debate saying, okay, for
the first first, you know, you've divided up into things

(18:33):
for the first ten minutes, we're going to have a
Then we're going to debate the national debt. You know,
it's not to even discuss that. We're going to debate
what the best way is is growing an economy, whether
it be a command in control out of Washington, d C.
Or a more of a free market commy. Again, that

(18:54):
that to me would be great, but you know we'll
never see that happen. Okay, So I don't even know
why I'm even mentioning it, But yeah, did did Trump
get his ass kicked? Sorry, maggotypes it there. He got
his ass kicked, and he shouldn't have. All you needed
to do, all you need to do is be calm, cool, collected,

(19:17):
no knowing what you were going into when you were
up there.

Speaker 4 (19:21):
Put a smile on your face.

Speaker 3 (19:22):
Look the look directly into the camera when you're speaking.
You know, you could you know when she speak talks nonsense.
You's just kind of like, you know, let it go,
you know, I it's you know, you're entitled to your
own opinion, not entitled to your own facts. You can
say whatever you want, Madame Vice President. But this this

(19:43):
is the reality. Okay, this is the terrain. This is
what's happened. This is your record.

Speaker 4 (19:50):
Done. Don't have to yell, don't have to get angry anyway.

Speaker 3 (19:56):
Watchdog on Wall Street dot Com
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