Boomerang Politics, War Risks & Market Reality Check
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Boomerang tacos Sicilians and sludge Okay, yep, I gotta have to get into it here today and I’m not I’m not gonna enjoy a lot of this I’m really not it’s ugly. It’s really ugly What what in God’s Markowski talking about boomerang ever see the movie boomerang with Eddie Murphy? There was a scene and I love the movie There was a scene in that movie where there are Thanksgiving dinner
And one of the characters, Gerard, has got his parents there. And let’s just say they are a little colorful. well, they were actually, and they said the movie was hitting it in the bathroom. And Gerard was so embarrassed. He was so embarrassed. And Eddie Murphy is his good friend. And he feels bad for him. And he doesn’t know what to say. He just looks at him.
And he’s just, he’s making these gestures with his arm. He’s about ready to say something. And he just, he just gives him a hug. Just gives him a hug. I’m going to try to employ that boomerang Eddie Murphy technique today with some of the stories that I’m going to talk about because man, I could really go off.
I can really go off and I want to start I want to start by talking about yesterday’s cabinet meeting where I actually you know I first saw some bits and pieces and clips of it and I was like you got to be kidding me this was taken out of context no no no no I went back and I watched and I can’t go through it all I really can’t there’s just too much there’s too much
The president spent almost five minutes talking about the pens that they now use at the White House.
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Maybe over 10 minutes Talking about the ballroom and gold paint Gold paint and he was pointing to everything in the room saying that everything in the room is actual gold actual gold when No, we know you bought this the stuff is from Home Depot, man You people pulled it up
Anyway, I’m on my diet. Let’s let’s go to some of the more important ones. And it was actually funny. Pete Hegseth went off on a rant like he does on the media. I mean, just went ballistic. And I mean, he was reading it. It was like pre prepared, massive rant on the media. But then you you
You expect that from Pete Hegseth, but I’m just going to throw a little prediction out here. Things keep going. Things keep going the way they are. Pete Hegseth is going to get thrown underneath the bus. I’m just a little thing I’m thinking about right now. Then you have Scott Besson.
Treasury Secretary Scott Besson said that the American people are well behind the president and they will stand short term war volatility with Iran because it would secure 50 years of safety. Guy, again, I mentioned him plenty of times here on the program. One of the smartest guys on the planet in my opinion.
utilize his risk management techniques for our clients, the best in the world. Nassim Nicholas Taleb. went off on a rant, actually called Besant retarded and referenced the fact that World War One initially was viewed as a brief conflict. I was just going to be brief. It’s just going to be a little brief, little short little excursion.
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Yeah, World War I is sure a little excursion, but what did it do? What did it do? It sparked further instability. Give me an example where a war.
a war diminished uncertainty.
I just throwing that out there. Throwing that out there. The idea that this is going to be some sort of short term and everything is just gonna go away. This is different. This is different than pulling tariffs from last year. Just throwing out there. Okay. Same time. Basically same thing a year later. Okay. But different. Different.
Yeah, again, this was Besson’s actual quote, quote, many people, especially Democrats, underestimate the will of the American people for short term volatility for 50 years of safety that we’re going to have on the other side of this. He also, he also said in an interview, this wasn’t at the cabinet meeting yesterday, that the US does not view the straight or moves as a choke point for the global economy. Do you know that there’s an actual book out there?
straight of hormones choke point for global company. There’s an actual book. Basically, the whole book is dedicated to fact that that is a choke point for the global economy. In the meantime, the Russians are taking advantage of this situation. They came out and they said, you know, guys, we’re going to have to
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We’re telling the Russian buyers of Russian oil, so they won’t have to have that force majeure on oil supplies because, you know, our Baltic ports are facing Ukrainian drone attacks.
I mean, that’s checkmate right there.
That’s checkmate right there. 40 % of Russian oil export capacity. If they shut that off.
Basically, Putin’s like, again, that’s checkmate right there. We’re going to have to call up Zelensky and said, you know, you’re going to have to concede it. We’re not going to supply a war because that’ll be you’re talking oil prices to 200. Andy, are these are things that are happening that I have to pay attention to. You know, the handities of the world, the Marklevin’s, they bear it no mind. They bear it no mind. I’m trying not to say anything.
I’m trying. It’s very, very hard. This one I’m not going to even comment on. I’m just going to read it to you.
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The U.S. Treasury Department plans to put President Donald Trump’s signature on all new paper currency.
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That’s never been done. In fact, and this is these are facts. I’m not commenting. I’m not keeping my mouth shut. I’m not commenting. It was illegal in ancient Rome for any, any living Roman to have their name on the currency when they were Republic. When they went the way of the the Caesars and got rid of the Republic, then it was okay. Facts.
commenting. Just facts. Just facts.
Right now, amount of legislative seats that flipped since Trump has become president in the second term, 30 have flipped blue, zero.
Zero Zero have flipped red See here nothing see Everything is awesome this one This one it’s going to It’s gonna strain me It’s going to strain me not to say anything I have done some
Podcasts over the past year and a half on the pardons that Donald Trump has issued because The people that he’s pardoned have victimized senior citizens and people and stolen money
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all sorts of financial scams that we have warned people about, we’ve talked about on our shows. He let them out.
Here’s another one. Here’s another one. And again, I want you to put this into proper context. were just Republicans were just railing about all of the fraud, the Medicare and health care fraud in Minnesota. Correct? They were just talking about all the fraud that was taking place in California. Correct?
The March 2026 Donald Trump pardons included 77 individuals convicted of Medicare and healthcare fraud, raising nearly $2 billion in court ordered restitution and fines.
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The only thing I’m gonna ask, I’m not gonna comment on this, and you know how difficult that is for me. I’m just gonna ask, I’m gonna ask for, because I know I get a lot of the dyed in the wool, know, Trump supporters that listen to this program and defend everything, just explain it to me. Make me understand. I want you to make me understand.
this. That’s all. All right, we’re going to move on to tacos, taco, taco, tacos, taco, taco, taco, taco, taco, taco, taco,
Yeah. And it didn’t take. It didn’t take. And the bond market, bond market, the 10 year continues to tick higher. The yields on our 30 year, 10 year, everything is going through the roof. We’re almost at the levels, not far off where he…
He pulled back last year, Liberation Day, hit the, I think the 10 year hit 4.52. We’re getting close. We’re getting close. And yesterday, as the bond markets ticked off and the stock market sold off, that’s when he said, oh, no, it’s 10 days now. He gave that 10 day thing because great negotiations are taking place. Well,
Mike and I, when he put it out yesterday after the market closed, because he saw what happened, was uh-oh, uh-oh. Well, his jaw boning, okay, his tacos, no one’s buying them. I just, no one’s buying them right now.
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What were, I mean, what Trump has accomplished, okay, and again, this is, this is difficult thing to do.
This is a very hard thing to do. He has spiked inflation, spiked mortgage rates, and unemployment simultaneously.
I get her done. I mean, I got I got to hit it to him. I mean, that’s a very difficult thing to do. Again, spiking inflation, spiking mortgage rates and spiking unemployment all at the same time. Doc, oh, they’re going to have to prepare a much better taco. A match, much better taco.
Some of the things that I’m hearing is that JD Vance is now having conversations with NetYahu. And again, I don’t know. I don’t know because the Ben Shapiro’s and the Mark Levin’s of this world are, they’re all in.
And they’re out there. We need to invade. We need to put troops on the ground. Mark Levin is talking about we got to have all of our people going into all the tunnels in Iran and get all this stuff. Supposedly we’re sending another 10,000 troops to the area. I think there’s what five now? I don’t know. 2,500. I don’t know. They said that they’re to be sending another 10, which
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Which brings us to Sicilians and sludge. Nancy, Nancy Mace, a man like Mike Johnson coming after her and I don’t know she leaking classified information she came out of the House Armed Services Committee and she said the justifications presented to the American public for the war in Iran were not the same military objectives. were briefed on today. The gap is deeply troubling.
The longer this war continues, the faster it will lose the support of Congress and the American people. We’ve got Kennedy down in Louisiana. He’s saying bring them home now. I bring up Sicilians with this. I’m wait, where’s Marcazzi going with Sicilians? Again, it’s another sub-reference and it’s a movie that I use all the time. It was directed by the late, great Rob Reiner.
guy was a genius in filmmaking, Princess Bride. Princess Bride, that was actually my, you know, back in college, back in college, you know, the old fraternity house, would have our, you Halloween parties, our costume parties, and that was the best costume I ever had. was Inigo Montoya. And if you’ve seen the movie, you’ll know. You killed my father, prepared to die. Well, Vizzini was, you know, he’s a Sicilian, was kind of a bad guy in the movie, and he always kept saying this thing.
I use this to say inconceivable, even though the things kept happening. And that was and he goes other line there. You keep using that word. I don’t think it means what you think it means. You hear me say that here on the program to I’m stealing it from the Princess Bride. Well, there was this battle of wits. Battle of wits in the movie if you haven’t seen the movie, and they’re having this little contest and the cini.
says, he says, you fool. You fell victim to one of the classic blunders. The most famous is never get involved in a land war in Asia, but only slightly west well known is this never go in against the Sicilian when death is on the line. And again, was shot at our at the time because when this movie came out 1987, it was obviously taking a shot at Vietnam, but
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Land wars in Asia. We go into them and we don’t learn that we shouldn’t have done it for 20 years.
and prove me wrong.
And what are we in? in another land war in Asia. Vast terrain, supply chain challenges, populate, I mean, it’s…
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That’s where we’re at. And that’s when, and again, I don’t take, I don’t like saying this, okay, I really don’t. You know, it’s, again, I feel like we’re in sludge right now. You know, sludge that, you know, sludge, sewer sludge.
from various different municipal wastewater treatment plants. The gunk, we’re in that right now. And we don’t know how to get out.
We don’t know how to get out. And I hope this is not a saving face exercise.
I hope it isn’t. hope we just, like I said, I am praying to get out sooner rather than later. Because again, I’m sorry, Prove me wrong here. Whenever, whenever we can never extricate ourselves from these situations.
And I’m sorry. I’m sorry. I believe we were sold a bill of goods on this. The intelligence was wrong. It was wrong. And we thought this was going to be Lickety Split, Venezuela. And it’s not.
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I don’t care who the hell Trump, mean, he’s not, you know, he never gonna admit a mistake. He’s never gonna say that he was wrong. I don’t care who you have to throw underneath the bus. Do it.
Do it and get us out of this sludge. Watchdog on wallstreet.com.
