Venezuela Reality Check!

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Episode Transcript

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):
Okay, time for a venezuela reality check. First and foremost. Okay,
I want you to I want to take up breathe in,
breathe out, and I want you all to think, do
you really do you really believe that this is about

(00:39):
narco trafficking? Come on, man, come on, please, it's absolutely ridiculous.
Do I think it's on? Do I think that there's
going to be strikes ordered? More than likely? And it's
it's it's by the books, by the playbook, every single time,

(01:01):
every single time the President of the United States wants
to engage in a conflict. And it doesn't matter, doesn't
matter if it's a donkey, it doesn't matter if it's
an elephant. The media gets behind it. The media gets
behind it initially, some of I mean, as it goes along,

(01:21):
they'll fall off, but right off the bat, they all
get behind it. Name one time, name one time. They
haven't can't okay, doesn't matter if Clinton's deciding to you know,
bomb Iraq because of a threat to George H. W. Bush,

(01:44):
or decide to get involved in the Baltics, it doesn't
make any difference. Or Obama getting involved with Hillary Clinton
in Libya doesn't make any difference. Every single time the
media gets involved, and it's the New York Times, Washington Post,

(02:05):
and it's the Wall Street Journal. I guess there's any
other conservative papers here in this country, not really, but anyway,
and they're not even really conservative, they all get behind it.
And what you're gonna see, just like you're saying now,
just start reading the stories. They're going to try to
link Maduro. And I'm not a Maduro fan, Okay, how

(02:27):
could you be a Maduro fan? I'm a Chavez and no.

Speaker 3 (02:30):
Okay, every conceivable evil in the world is going to
be somehow, somehow connected to Maduro.

Speaker 2 (02:44):
What was the story? It was? There was in a
Wall Street Journal. All Maduro's given drugs to g hotties
and they're taking the drugs this is cocaine. They're taking
them to West Africa and West Africa then sending it
to Europe. You're gonna find out that Maduro, Oh, he's
somehow linked isis you're gonna go It's not gonna be

(03:07):
just hes Bola. They've already said, oh, he's got a
lot to do with fentanyl, which is nonsensical. Always got
some nefarious ties to China. You know what, push comes
to show. You're gonna eventually find out that Saddam Hussein
hit his weapons of mass destruction in Venezuela. Do you

(03:28):
do you really believe this? Listen? Okay, yeah, tell me,
you know, tell me you know that you know we

(03:49):
need the oil and it's a geopolitical concern. We're worried
about Russia. Tell me what do you just stop b
and me Okay, stop anyway, I'm gonna go through this
with everybody, Okay. Venezuela has the largest oil reserves in

(04:12):
the world. The largest oil reserves in the world, estimated
at three one hundred and four million barrels. Saudi Arabia
is next with two hundred and sixty seven million barrels,
Iran two hundred and nine million barrels, Canada one hundred

(04:34):
and seventy million barrels. Then comes Iraq one hundred and
forty five million barrels, the UAE one hundred and thirteen million,
Kuwait one hundred and two million, Russia eighty million, and
then there we are at seventy four million. Libya had
and has fifty million, so Venezuela has most. Now, the

(04:58):
interesting thing about Venezuelan oil is that is a heavy,
heavy crude. It's like a tar it's a guitar. I
was in Venezuela decades ago, and you know, you get
those little tar balls that would wash up on the
beaches there and one of the places that can actually

(05:20):
rEFInd the stuff. We know how to refine it. We
know how to refine it. It's a little bit more
difficult of a process, but three hundred and four million barrels,
And you're telling me this is about narco trafficking. You
believe that that that's what they're selling you, that's what

(05:41):
you're they're selling. But this is about oil, pure and simple.
This is about oil, just like the whole first Iraq
invasion was about the whole thing is always event about
oil and resources. The reason why we installed the Shah

(06:04):
of Iran in Iran was because British petroleum was pissed
off at the democratically elected leader and we had to
get rid of him because it was going to go
against British oil interests at that point in time. Okay,
so we can keep telling ourselves that we're so squeaky

(06:27):
clean and star spangled awesome. But this is this is business. Okay.
May made me selling it to you as some sort
of narco bit, but you believe that this is some

(06:49):
of the this is something I got. This is This
is a tweet put out by Senate Republicans Senate Republicans
by the Senate Republican Conference, which is of course led
by one of the latest latest neo cons out there,
Tom Cotton. Tom Cotton, Nicholas Maduro is an illegitimate leader

(07:10):
responsible for encouraging drug operations in South America. Those drugs
kill more Americans every year than the number of American
soldiers lost in Vietnam. As long as Maduro is in power,
American communities will suffer. Okay, all due respect, That is bullshit. Okay.

(07:32):
The drugs that are killing Americans are not coming from Colombia.
They're not coming from Venezuela, They're not coming from Bolivia.
They're coming from frickin Mexico with precursors sold to them
by China. Okay, that's cocaine.

Speaker 3 (07:49):
Man.

Speaker 2 (07:52):
Now, I don't know how many cocaine overdoses we had
less I'm sure there were some. But it ain't fentanyl. Okay,
it's not so stop stop with the bs. And here
here's Lindsey Graham. Lindsey Graham, this is this, this is again.

(08:14):
We just you know, talked about Minnesota. Lindsey Graham was
the one that actually pushed for the Somalis to come here,
and also pushed for the Afghanians to come and anyway,
another story for another day. And Lindsay Graham has never
met a war he hasn't liked. Without a credible threat
of the use of military force, nothing changes in Venezuela
when it comes to Maduro. The time for talking is closing.

(08:36):
The time for action to end this reign of terror
in Venezuela is upon us. I would urge the Holy
Father because the Pope came out and said that he
doesn't wish for any violence to take place. Yeah, that's
a real, you know, horrible or odd thing to say
from the Pope. Really, I mean, come on, well, what

(08:57):
do you think the Pope is going to say? Bomb,
use drones, start shooting. I would urge the Holy Father.
This is Lindsey Graham to be on the right side
of history when it comes to ending Maduro's reign of
terror on the Venezuelan people, the United States, and others
throughout the region. The use of military vorce to a

(09:18):
vic Maduro will only be required if MDUA insists on
remaining as the illegitimate leader of a narco terrorist state.
He has stolen elections, collaborates with terrorist groups like Hezbollah,
sits atop a notorious drug cartel, and has flooded our
country with hundreds of thousands of illegal aliens. As Trump said,

(09:38):
when it comes to Maduro, we can do it the
easy way or the hard way. I would urge the
Holy Father to spend his time and energy persuading Maduro
to take the easy way out. For all I've gotten
emailer too. Well, you knowuip, we're not going to put

(09:58):
boots on the ground. I don't see Trump putting boots
on the ground. I don't see that happening. So we're
just gonna start shooting drones. Okay, okay, Well, like I said,
I was in Venezuela prior to Chavez and the Socialists

(10:20):
taken over. I can't imagine what their infrastructure is like
at this point in time. I would also tend to
imagine that the Venezuelan military is probably probably in and
amongst the civilian population. Correct me if I'm wrong, that

(10:43):
that's probably where they're going to be drone strikes, because
again we never told, you know, we don't really know.
We're told. Okay, drone strike took out this one, drone
strike took out that one. And again, if you don't
have to trust my numbers, you can look these things
up yourself. The two presidents two presidents who have authorized

(11:06):
the most drone strikes has been Barack Obama between two
thousand and nine and twenty seventeen, and don't have numbers
for Donald Trump for this year, but Trump between twenty
seventeen and twenty twenty one actually ordered more drone strikes

(11:27):
than Obama did. Obama again, the numbers anywhere between five
hundred and forty five hundred and sixty three drone strikes
between Pakistan, Yemen, and Somalia anywhere between eighteen hundred and

(11:48):
twenty five one hundred including wars. Again, I'm looking at
the civilian death tolls right now, estimated fifty six fifty
six hundred under Trump seventy five hundred civilian death toll.

(12:09):
That those are the estimates. I don't know if they
they're right or not. But to think that something like this,
if we start ordering strikes, is going to be squeaky
clean and we're not going to be killing people, You've
got another thing coming. You don't actually believe that, do you.

(12:32):
I've read this before here on the program. I think
I read this when I was talking about my desire
for Tulsi Gabbert to run, which she did, but again
she got boxed out. And I don't even know where
she's at at this point in time. I really don't
I really know where Tulsi. They probably got Tulsi Gabbert.
I haven't seen her, so she might be at a

(12:54):
CIA black site at this point in time. This is
John Quincy Adams. America does not go abroad in search
of monsters to destroy. She is the well wisher to
freedom and independence of all. She is the champion and
vindicator only of her own. America well knows that by

(13:14):
once enlisting under other banners than her own, were they
even the banners of foreign independence, she would involve herself
beyond the power of extrication. In all the wars of
interest and intrigue of individual avarice, envy, and ambition, which
assume the colors and usurp the standard of freedom, the
fundamental maxims of her policy would insensibly change from liberty

(13:40):
to force. She might become the dictatress of the world.
It's John Quincy Adams not wrong. This is what we are, okay,
the dictatress of the world. She would no longer longer

(14:00):
the ruler of her own spirit. So I going to
think about something to think about it said it a
couple of days ago here on the podcast. To all
the raw Rah types out there, ask yourself this question.

Speaker 3 (14:18):
Did you.

Speaker 2 (14:20):
Did you or did you not vote for Trump as
part of this platform like I did to keep us
out of foreign wars? Yes or no? No? Butts. I
know I can hear right now, I can hear the
butt monkeys. But by bye bye bye bye bye bud By.

(14:41):
But all over the country we got butts. Okay, did
you or did you not? Yes or no? And you're
telling me though that this is a necessity. Venezuela is
a national whole security threat to the United States, kind

(15:04):
of like Iraq and Afghanistan and uh Libya and go
on on and on. You you honestly believe that watchdog
on Wall Street dot Com