The Watchdog on Wallstreet Weekly Recap for 1/9/23

Biden FINALLY Goes to the Texas border

There has been much discussion about Joe Biden’s failure to visit the southern border. So he’s on his way now, and have you seen what he’s proposed? Do you believe it will solve the problem? Do you believe it will help with the flow of drugs across our border? I’ve been talking about it for a while, and it gets worse every year. Overdoses have killed over 100,000 people in the United States. It would have been closer to a quarter of a million if Narcan hadn’t been available. Imagine if a foreign group, such as ISIS, murdered one hundred thousand Americans. What would we do? I know they’ve got the “three amigos” summit, with Canada, Mexico, and the United States meeting in Mexico City next week. I’m not sure, but you might want to put pressure on the Mexican government.

Jobs report looks…GOOD!

Jobs Friday! Is the BLS report (U.S. Bureau of Labor Statistics) BS? Yes, perhaps. There was actually some pretty interesting news when it came to the job report—the fact that earnings have been tempered to some extent. We’re also, thank God, starting to see some people enter the workforce, which is something that needed to happen. The  job report revealed that there are still over 10 million job opportunities in the United States. 

When it comes to inflation, things are going in the right direction. I know that individuals are constantly looking to the Fed. The Fed is trying to fix the job market. It’s like putting a square peg in a round hole. It will take care of itself; we are already seeing companies that overhire get rid of their employees and reduce their workforce. Slowly but surely, it will make its way through.

Kevin McCarthy is the new House Speaker

So now we have Kevin McCarthy as the new speaker of the House. Again, I argue against the narrative that everything being done to reform the house was awful and terrible. Again, you had all of the mainstream Republicans saying that this was not good and that you needed unity. No way, no, and no. You must have a house that is the people’s house. Moreover, all backroom deals must stop. So that’s a step in the right direction. Already, you’ve got this house on your back over this legislation that has the IRS on the chopping block. No, you don’t. That’s not going to work in the Senate. The president will not sign it. They need to be doing everything and anything they can to handle spending because you have to work with what’s coming down the pipe.

Fentanyl is POISONING Americans – Our Border crisis

President Joe Biden, President Andrés Manuel López Obrador of Mexico, and Prime Minister Justin Trudeau of Canada met in Mexico City for a summit. What exactly did we achieve? Listen: 100,000 people are killed each year by poison like fentanyl that crosses our border. We’ve spent obscene amounts of money on our military. Let me ask you a question: How do you think we’d react if ISIS and other terrorist organizations attacked Americans around the world, killing tens of thousands? Granted, using drugs is a choice, but our people are once again being poisoned. Do something.