The education system is failing students nationwide.

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Oh, well, no one altered. Investment banker, consumer advocate, analyst, trader.
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Chris Markowski is the watchdog on the wall street.
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Do you want to answer exposing the lines and myths
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that the big brokerage firms, the mainstream press, and the
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government are pushing to keep Americans away from financial freedom.
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You can't handle the true.
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Bringing America the truth about what really happens in the
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financial world.
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Ladies and gentlemen. We're not here to indulge in fantasy,
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but in political and economic reality.
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This is the watchdog on wall streets.
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All right, welcome back everybody. Yeah, you listen to that intro.
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It's been on twenty four years. That wasn't our original intro,
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but it's sorted about twenty four years ago. I've covered
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basically every scam, financial scam and fraud here on the program,
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on our podcast, on our newsletter articles. I've explained that
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we put Markowski Investments together. We went out and we
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specific went out to help out victims of the boiler
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room operators, the Jordan Belfort's of the world, helping them
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to rebuild their accounts with our account repair kit. We
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warned you about Mateoff, we warned about Enron, one thing
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after another, and again, I've got the receipts. You can
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go and check. You can go and check, you can
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go back. You can listen to our audio, you can
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see the videos, the interviews that I've done. It's all
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up there. If I covering financial fraud, It's a very difficult,
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difficult thing. It's exhausting, it really is. Because I come
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on here and I try to keep my cool. I
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try not TL try to lay everything out, but people
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people don't listen. They don't listen. They want to believe.
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They get sold on something and they want to believe.
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I remember this is it was two thousand and six,
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fifteen twenty sixteen is when all of this crypto and
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meme coins really started coming out. And we did a
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bit on the show because I was making fun of this.
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I said, you know, I might as well just come
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up with my own coin. I could call it watchdog
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coin or watch dog bucks. And I was doing it
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tongue in cheek and cracking jokes about it here on
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the program. But I wasn't off. I mean, Kardashian had
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her own coin, wasn't that long ago. I was that
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one girl who has got popular for saying something gross
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she had her own coin. And again it's just those
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things like really, you're gonna really invest in Kim Kardashian.
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But yeah, Forrest Gump, you know, stupid is as stupid
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does as an investment advisor. This is a little bit
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different what the president and his kids have done with
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their crypto ventures. And again, I'm going to get people
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angry with me for being honest and truthful. You can't
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defend this. You can't. The best defenses that I've seen
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of his behavior as oh, it's just being a great
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capitalist stealing from people's capitalism. There, Jesse Waters that that's
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that's that's capitalism stealing from people, because that that's what
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I call this. You actually had Charles Gasparino between, Oh,
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you know people, you know better, Hey, all these crypto
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ascids are speculative, Charlie. Shut up, man, Okay, shut up.
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You're a hack. Okay, you're lying through your teeth, you
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know better. Yeah, and I could see right through these people. Okay,
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you know you're a piece of garbage by saying this. Okay,
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I get it, I get it. This is how your
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bread is butter, It's how you make a living. Okay,
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it's how you get paid. But you know as well
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as I do that Trump came out with this. Okay, again,
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he was he had people believing anything that he was saying,
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and he took advantage of that belief and the people
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that voted for him, and he proceeded to sell them
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three point eight billion dollars and Trump crypto coin that
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is worthless. Well, it's not worth us. So I'll put
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it in perspective. If you put ten thousand bucks into
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Trump coin Melani coin, it's worth what like three hundred
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dollars today, and you're okay with this. This is the
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biggest political grift I've ever seen in my entire life. Again,
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I don't don't, I don't get it. The interesting thing
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that I'm taking away from this is just the the
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fact that it's not getting pursued. Again, a lot of
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this information. It was interesting too. This dropped right before
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the fourth of July holiday because there's other things going on.
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That was by design. It's by design. You've noticed all
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of the political grift and graft that comes on. It'll
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be a story for a while. It'll be a story
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for a while, and it just goes away. No one
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has ever prosecuted thing has ever done. We'll have we'll
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have stories out there. I can't let these politicians trade stocks,
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inside information, all this stuff, and everybody's waving their fingers,
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but nothing ever changes, and they get wealthier and wealthier.
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People are recognizing this and saying, holy cow, holy cow,
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we can do this too. You don't think that. The
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Democrats saying, man, how did he pull this off? And
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again it's it's not just the the crypto, the Trump kids.
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Six and twenty million dollar Pentagon loan, the largest in
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the program's history, to a company that Don Junior's firm
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bought into just three months ago. An Air Force drone
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contract to US. I talked about startup company to a
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startup company. They just took public to a golf course company.
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You can't make this stuff up. The Army's largest drone
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motor order to a company Don Junior sits on the
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board and holds millions in stock. Twenty four million dollar
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robotics contract we reported on. This company employs Eric As
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as a chief strategic chief strategy officer. They just now
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have a stake in the largest underdeveloped tungsten deposit on
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earth in Kazakhstan. Again, your tax dollars, one point six
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billion dollar government loan. The list goes on and on
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and on. Should I not report on this? Is this
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is okay in your eyes because he closed the border.
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I mean, yeah, I'm happy close supporter. That can be true.
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But you know what also can be true is that
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this is just wrong's wrong, and I'm sorry, I'm sorry.
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I have yet to hear a cohjient defense of this.
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And the reality is is that it's just going to continue.
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It's not whoever the next president is going to continue
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whoever next comes in office that that doesn't again, we
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need to start you need to start voting for people
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that haven't had that ethical bypass at birth. I know
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I've used that phrase before here on the program, and
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I encountered a lot of people that had ethical bypasses
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at birth. And my experiences that I that I had
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on Wall Street over the years. One of the reason
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why I had to get out of there the ability
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for people to justify bad behavior, bad behavior in their
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minds just because it was legal, just because it was legal.
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Just because something is legal doesn't make it right. You
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know that, I know that there's good money and there's
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bad money, and it's all your people are gonna come
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out and hammer me. Ah, there's true. And street of
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gravel is also. I'm gonna ask you, I'm just gonna
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throw this out there, and you know you can take
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it for what it's worth. Have you do you have
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to speak to the people that lose everything? You do
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you have to do? You speak to senior citizen who
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voted for Trump, believed in Trump wearing the maga hat,
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believe that this was gonna be a wonderful investment, took
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all their money out of the bank and decided to
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do and put it in this and now it's gone.
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What I'm gonna ask you, what, what do you say
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to that person that's just Trump being Trump? Trump being
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a capitalist? They should have known better. I guess yeah,
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they probably should have known better, but they didn't. And
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just because someone doesn't know better, does that mean that
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they are pray capitalism people? It's not. It's not predator
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and pray capitalism is two people getting sitting down at
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a table, doing business with one another and both walking
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away happy, praying on people that are weaker than you,
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weak minded, maybe in this case financially ignorant. You're okay
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with that. I remember it was at the at the
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end of and I used the clip from Colonel jessp
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Here on the program. A few good men and they
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got disbarred from the Marines. Why did they end up
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getting disbarred? They didn't go to jail? The code read right,
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because the Marine is supposed to defend those that are
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weaker than they are. And I don't. I'm sorry, people,
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you can't justify. You can't justify to me how it's okay,
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and that that's capitalism where you're taking advantage of people
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that don't know you're praying upon people and the fact
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that they believe in you and your politics and whatever
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it may be. Again, that's that's an affinity fraud, quite frankly,
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and I've talked about that for some time here on
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the part. I see it happen in churches all over
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the country. And again I'm gonna ask you again, to
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all you people that can defend this, what do you say?
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What should I say? What should I say to that
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elderly man, that elderly widow out there that took fifty
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thousand dollars out of their their checking or their their
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savings account, or maybe their CD or whatever it may be,
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sold stock to buy Trump meme coins because they voted
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for the guy and they believed in him. What do
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I say to them? Got to take a break? Watch
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Dog on Wallstreet dot com. Watchdog on Wallstreet dot com
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again is our site. Become a part of our family
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at Markowski Investments. Sign up for our personal CFO program,
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our podcast, our newsletter, all sorts of great stuff. Watchdog
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on Wallstreet dot Com Back.
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You should believe in math not magic. You're listening to
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the Watchdog in Wall Street with Chris Markowski.
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All right, as as you may be aware and listening
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to this first time listening this program. Yeah, I'm politically homeless.
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You know, I've been politically homeless for quite some time.
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I'm a conservative, libertarian guy. Believe in the constitution, Miss Reagan,
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I miss Milton Friedman. I miss the days of four
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or five percent GDP growth that you want to get
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back to. That's what I want to get back to.
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I'm an equal opportunity basher and I go after both
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sides as far as politics on this program are concerned.
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We kind of talk about big issues and ideas and
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how to go about fixing problems. Here in this country.
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I often don't like going after individual races. I'll do
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it some time to time here on the podcast. I
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was obviously a very strong defender of Thomas Massey and
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what he has done. And you know what happened to him.
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It was a political assassination by Apak. But this Graham
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Graham Platter thing that taking place at this point in time,
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I kind of watched it from afar. We commented on
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the program and I was saying, you know, bad candidate
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on the left, band candidate and the right, you got Platner,
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and you got Ken Paxson down there in Texas, and
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I saw some of the stories about this guy, and
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again it just shows you just how awful our politics
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is in this country. Democrats, Democrats again, they are they're
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most certainly drifting to the far far left. I mean,
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the Republican Party is most certainly gone to the left.
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But you've got the far left right. Now you've got
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what a communists running for office here in this country.
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And again, being a child of the seventies and eighties,
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I can't even get my arms around that, quite frankly,
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but they've got a problem. Democrats do they want to
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tap into that working class man. That's they want to
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get that back. And they basically found this guy to
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run against Susan Collins in Maine. And it's almost like
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that they tried, they tried, almost crafted him. You know,
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we need this. He checks all of these boxes that
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we have. And again it was one thing after the
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guy had a bloody Nazi tattoo, you had democratic politicians
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oh oh k. And I'm like what and you take
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a look at all of the things on this guy
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lied about the Nazi tattoo set, he'd rape people, sexted
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with people women while he was married, bragged about drawing
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penises and porta potties, praised Islamic terrorists, said he's a communist,
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joined an app known to be used by predators to
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contact miners, and had all sorts of sexual assault allegations.
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But now another story. Too many receipts with Politico and
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the New York Times, and they got to get rid
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of this guy. This is just how phony politics is. Okay,
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first and foremost guy was not working class, all right, Yeah,
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he's an oyster fisherman. He went to Hotchkiss for crying
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out loud. What is that? Fifty sixty thousand dollars a
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year private school. His only customer for his oil is
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his mom's restaurant. I actually watched the video of the
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two people from Maine that found this guy. I mean,
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you couldn't be any more stereotypical of far left. It's nuts,
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it really is. But this just shows how phone they were.
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This is the Democrats they want. They need to find
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somebody that's like the Rip from Yellowstone or Kelsey from Yellowstone,
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A man's man. Let me tell you something, Okay, true masculinity,
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masculine guys. I want want to sensitive ponytail guys or
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the hot chocolate guy selling Obamacare. Remember that one. Masculinity
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is about building, protecting, building, protecting, creating, teaching. That's what
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it's about. What what on the far left has anything?
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What is your communism and taking other people's stuff that's
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not yours? What do you people build? What does Elizabeth
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Warren build and create? What does Bernie Sanders build and create?
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What does Roe Kanna build and create? What exactly do
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you leftist? Do you progressives do? You don't do anything,
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You don't fix anything. You just look to take other
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people's stuff. Google, go ahead and get yourself a job
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for crying out loud, start a business, payroll, come up
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with a marketing plan for crime, spending your time trying
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to engineer in some sort of laboratory. A pseudo masculine communist.
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They don't exist. Masculiny has nothing to do with it.
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I mean, it's the polar opposite for crying out loud.
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But they just haven't figured out. Amazing the effort that
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people go, These politicians go to just dupe people. You
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go backie, look at all the statements. They knew all
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of the baggage that this guy had voting from anyway.
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But hey, hey, wait a second, Like I said, I'm
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equal opportunity. Okay, you flipped this, you flip this, and
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this guy his grandpa was a Republican, I guarantee. On
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the five on Fox, Oh that's fake news. They do
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the same exact thing. They would be saying the exact
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same thing because he's on their team again. Two hundred
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and fiftieth anniversary. Pick up a copy of the Federalist papers.
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Read a little bit about what the founders actually had
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to say. Founders actually had to say about political parties,
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what their thoughts were on political parties anyway, Gotta take
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a break Watchdog on wallstreet dot com. Watch Dog on
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wallstreet dot com is our site again. Take advantage of
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all the great stuff that we have at our site.
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Watchdog on Wallstreet dot com, our personal CFO program, podcast, newsletter.
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You name it Watchdog on Wallstreet dot com or give
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us call eight hundred four seven one four.
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Chris Markowski is the Watchdog on Wallstone's bringing America Financial
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Freedom one. You're listening to the Watchdog on Wall Street
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with Chris Markowski.
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The past few weeks of various guest appearances I make
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on on programs on a regular base, I was getting questions, obviously,
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you know, thoughts on America two hundred and fiftieth anniversary
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and what what it means and what you know, the
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greatness of America, asking me to point out things that
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I thought were just wonderful about this country. There's there's
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too many, but you know, to to narrow it down.
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I think I've talked about this before here on the program.
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One of the great things about this country is it's
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okay to fail. It's okay to fail, and that says
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if you've got to go out there, you have to
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build and create and guess what you're gonna fall on
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your face. There's gonna be times when you are gonna
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fall flat on your face. You're gonna get knocked down
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to the dirt, and you've got to pick yourself up.
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It's okay, it's okay to fail in America. That's what
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entrepreneurs do. That's what people go out and build and
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create do. They go out, get knocked down, pick themselves up,
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and move on and say. One more, really great thing
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about our constitutional republic is we are self correcting. We
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are we make mistakes, we make mistakes, and we've been
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able to correct mistakes in our two hundred and fifty
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year anniversary. Now again, I think twentieth century and twenty
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first century, we still have a lot of correcting to do.
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And I could go back and we can talk about,
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you know, the the Woodrow Wilson years and the various
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different things that got us off track and has led
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to the size of our federal government, Washington d c.
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To grow all powerful, getting rid of getting rid of
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the state, various different states appointing senators. Now we have
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the direct election of centers, and that was never in
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the constitution. Wilson put that in and then you know,
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he also income tax and Federal Reserve, and then led
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to all sorts of other things. And again, you know,
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post World War two military industrial complex. We have a
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lot of self correcting that we have to do, but
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we can do it, and we've done it over our history.
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When I go off and I said equal opportunity bashing
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here on the program. If you're not, then I'm sorry.
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There's just I don't have any room for you. You know. Yeah,
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I see on acts and social media, these various different
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political influencers. No matter what their guy says, doesn't matter
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if it's a donkey, does it matter if it's an elephant.
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Whatever that person does or says, they are on there
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backing them. Why let me ask a question, would you
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want would you want a significant other to be like that? One? Am?
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I One of my favorite all time movies I cited here.
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It's a classic. It's a classic capitalism movie, too hard
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work movie coming to America And the beginning of the
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film Eddie Murphy. He has his wife chosen for him,
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and his wife is all our life, been trained to
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like what you like and do what you and all
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this stuff. And he meets her and you know what,
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what's your favorite food, whatever you like, you know, what's
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your favorite or whatever you like? Anyho, well, whatever you know,
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you mean to tell me whatever I asked you to do,
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you're gonna do. And he's like quark like a dog.
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I'm like, it's would you want to be married to
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somebody like that? It's okay to have different points of view,
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and we need to understand that it's not right versus left,
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it's right versus wrong. Last week at Churchard Homily talking
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about this, this very thing, the very thing. You know
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you'll you'll have left this out there at that point,
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Timer or tearing down statues, tearing down statues, or Thomas
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Jefferson this one and that when they owned slaves, they
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did this, They did that, Yeah, they they did. They
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did it was wrong, but they also did some some
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great stuff too. And we're all flawed human beings. But
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we told nothing wrong, would pointed out the wrong things,
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we can also compint out the right things. It's not
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right versus left, it's right versus wrong. And actually you
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think about it, you know, probably the worst Supreme Court
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case in the history of our country was eighteen ninety
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six Plusy versus Ferguson, which basically enshrined separate but equal,
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and what did that do to the country Until Brown
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versus Board of Education there was a seven to one decision,
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a seven to one decision, And don't tell me, don't
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tell me that those seven justices didn't know that it
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was wrong. They did what was politically expedient. There was
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one it was as John Marshall Harlan was the only
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dissenting voice, only dissenting voice in that decision.
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They knew.
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And that's what it comes down to. People. What we
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need to have more of in this country is courage.
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Courage to stick your neck out and do the right thing,
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say the right thing. We all have to do it.
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You want to make this place better, so you need
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to do not every week can again. So we praise
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our soldiers and all these people that do this great workerence,
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but each and all of our us have to contribute
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to making this country great. I always talk about build, create, protect,
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and teach, but also people, you've got to stick your
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neck out. I've said it a thousand times in here.
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If you see a fraud and you don't say fraud, well,
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then you're a fraud.
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Well.
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I don't want to.
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Upset the Apple card. No no, no, no no no. We
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need more people to be upsetting the Apple care. You
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want things to get better, Knock over some Apple carts.
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Watchdog on Wallstreet dot Com. Watch Dog on Wallstreet dot com,
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00:28:08.319 --> 00:28:11.400
Ken take advantage all the great stuff we have at
374
00:28:11.799 --> 00:28:17.039
our site again, our personal CFO program, podcast, newsletter, you
375
00:28:17.160 --> 00:28:19.240
name it. Watchdog on Wallstreet dot.
376
00:28:19.079 --> 00:28:38.799
Com Taking Wall Streets liars, crooks and cheets out behind
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00:28:38.839 --> 00:28:42.680
the woodshed. You're listening to the Watchdog on Wall Streets.
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Okay, something very important to me and I've railed about
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for years here on the program, and I'm talking to
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the wall because nothing is ever done, nothing's ever done
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when it comes to education here in this country. I'm
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gonna I'm gonna ask you a few questions here, putting
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some things forward, what would what we think should be done?
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You had a hospital hospital where more than half of
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the patients died from routine procedures. Or how about a
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fire department, fire department, eh, maybe maybe got to like
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fifty percent of the calls. Or about about a municipal
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water utility that delivered contaminated water to half the residents,
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or you know, you got bad air traffic controllers and
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crashes all the time. What is that? Okay? We allow
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allow that to continue? Okay, Well, there's the points we're
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made talking about the current state of education and many
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many of our major cities around the country. No institute
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should should be permitted to run this way. Nine hundred
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New York City public schools failing students, grade, inflation, lacking accountability.
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It's it's incredible to me. Forty three percent, forty three
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percent of the students, nine or twelve thousand students are
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in failing schools. Of the nine hundred and six schools
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out there, a majority of students and five hundred and
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three of them failed both math and reading. Why aren't
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we going to shut this down? I mentioned several weeks
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ago here on the program in New York City they
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spend over forty thousand dollars per student per year. Why
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aren't we going to shut this down? What is somebody
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going to say this is we're failing in any other
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thing outside of government, you'd be out of business, it'd
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be done, it'd be over with. Would just send your
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kids to a private school where fifty percent of the
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kids couldn't pass basic tests? And it's filtering through to
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all over. The Economist magazine out of London tested one
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hundred and sixty thousand people of all ages across thirty
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eight member states. They found a full eight percent of
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college students are reading at the level of a ten
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year old. If not worse, you understand, in the United
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States the percentage is at twenty percent. Come on, people,
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we're doing it wrong. We can do better than this. Okay,
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this is wasted talent. We can do better than this.
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Have to take a break. Watchdog on Wall Street dot Com.
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We'll be back.
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This is the Watchdog on Wall Streets.
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You know, I've got to stack a stug. I'm never
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gonna be the last segment, third hour, and you know what,
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I'm gonna talk a little school, We're gonna talk a
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little World Cup, and I'm gonna throw some business in
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with this as well. All right, World Cup. I mean
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we mentioned earlier people coming to America having a grand
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old time, and it's that's been great, that's been awesome.
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But then we ran into this little red card issue
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with our player, and the president had to get himself
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00:32:44.599 --> 00:32:48.640
involved as an old saying Donald Trump's the type of
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00:32:48.640 --> 00:32:51.960
guy that at a wedding, he's got to be the bride,
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and at a funeral, he's got to be the corpse.
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He's got to be the center of attention. And it
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was dumb. Sorry people that there's no excuse for this.
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Let's be honest. Okay, we're holding the event here in
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our country, but it's not our game. Okay, it's not.
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00:33:11.359 --> 00:33:13.759
And you get the people out there complaining about I
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don't understand what the time and the extra time and
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why there's gotta be ties in the first round. It's
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not for you to understand. If you don't like it,
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don't watch it. You don't like it, don't watch it.
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They have rules, and the rule is if you get
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a red card, well, you know what, you're out the
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next game. That was a bad call. Well, let me
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tell you something, people, Okay, bad calls are a part
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of life. They're part of life. Okay, imagine being Croatia.
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They got knocked out because the ball hits somebody's hair.
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Ridiculous first and foremost, And I'm consistent with this, I hate,
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I hate, I hate instant replay. Okay, baseball with the
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you know out, we're challenge and pitches. Now we're doing
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this nah, Now it's come on. One of the things
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that you again, life is not fair, and there's gonna
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be times when you're gonna get a bad call. Things
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are not going to go your way. And again, I'm
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a coach, and I again take my lacrosse team from
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Long Island down to Maryland that I let the kids
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know these refs are not giving us anything here in Maryland. Okay,
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they're not. We're gonna get bad calls. In practice, what
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I would do there were scrimmages going on, I would
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purposely make horrible calls they're in scrimmages, just to see
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how the kids would react, just to see if they
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would keep their composure. Same thing I look for when
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I'm running my business right, because guess what, Life's not fair.
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Things don't work out that way. Well, let's put that
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aside again. Stop complaining about soccer. You don't like it,
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don't watch it. We've got our weird rules too. Tryly
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explaining to someone from Norway the infield fly rule in baseball. Okay,
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good luck with that. But anyway, neither here nor there,
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all the people out about, oh, you know, only our
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best athletes played soccer. We'd beat everybody yeah, I know
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00:35:27.159 --> 00:35:31.719
Messi's humongous, right, He's a giant among men. It's five
472
00:35:31.880 --> 00:35:39.719
five seven. I mean, no, people, we should be better
473
00:35:40.159 --> 00:35:44.000
than anybody. But what has happened with youth sports here
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00:35:44.039 --> 00:35:51.679
in this country is they're ruining it. Soccer is a
475
00:35:51.719 --> 00:35:55.400
sport where you have to be wealthy to play at
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00:35:55.440 --> 00:35:59.119
any high level in the United States. Everywhere else around
477
00:35:59.159 --> 00:36:04.599
the world it's a completely different model. They play on
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00:36:04.639 --> 00:36:07.599
their own when their kids, they develop their own talent,
479
00:36:08.079 --> 00:36:10.559
and then guess what, when they get noticed when they're young,
480
00:36:10.760 --> 00:36:13.599
they go to their various different soccer academies that are
481
00:36:13.639 --> 00:36:17.400
paid for by the pro teams. They own the rights
482
00:36:17.880 --> 00:36:20.599
to that kid. If the kid develops into somebody, they
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00:36:20.599 --> 00:36:23.239
have transfer rights and they can sell it that player
484
00:36:23.440 --> 00:36:25.760
to another club, whatever it may be, and that's how
485
00:36:25.800 --> 00:36:28.760
they make their money. Back in this country, you've got
486
00:36:28.800 --> 00:36:31.679
to spend thousands and thousands and thousands of dollars to
487
00:36:31.760 --> 00:36:34.119
play at a club, to go travel when the kids
488
00:36:34.119 --> 00:36:36.360
are eight nine years old, which you really don't need
489
00:36:36.400 --> 00:36:40.679
to do. And it's happening across all sports here in
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00:36:40.760 --> 00:36:44.639
this country. Let me ask you a question. I don't
491
00:36:44.639 --> 00:36:47.079
even remember what was the last time it's the last
492
00:36:47.079 --> 00:36:52.039
time an American won the MVP and basketball basket ball.
493
00:36:52.440 --> 00:36:58.679
That's our game, right iMore. Look at the drafts played
494
00:36:58.679 --> 00:37:00.760
all over the world for crying out all right again,
495
00:37:00.800 --> 00:37:03.559
guess what the Europeans are kicking our butt docks in
496
00:37:03.639 --> 00:37:07.320
it as far as empty I mean they are. It's
497
00:37:07.360 --> 00:37:11.679
the same model. Okay again, I coach lacrosse, and I
498
00:37:11.840 --> 00:37:14.239
talk about this all the time. I said, there were
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00:37:14.280 --> 00:37:16.559
hot beds in my state of New York. It was
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00:37:16.559 --> 00:37:19.719
a blue collar sport where you could go and you know,
501
00:37:19.960 --> 00:37:22.119
you go and play. Now you can't. Now you got
502
00:37:22.119 --> 00:37:24.480
to be rich. I get thousands and thousands of dollars
503
00:37:24.519 --> 00:37:26.480
to play club to get and do it. And then
504
00:37:26.480 --> 00:37:29.840
they give these half hearted Viking things. Oh yeah, we're
505
00:37:29.880 --> 00:37:34.639
starting to Harlem lacrosse program, right, sure, sure, and those
506
00:37:34.719 --> 00:37:36.880
kids are going to travel, go to the travel tournaments
507
00:37:36.920 --> 00:37:38.679
and be able to pay in to see the right
508
00:37:38.719 --> 00:37:42.920
college coaches and get scholarships. No, the same thing is
509
00:37:42.960 --> 00:37:45.480
now happening private equity, which I go off off on
510
00:37:45.679 --> 00:37:48.679
all the time. They're buying up hockey leagues. They're gonna
511
00:37:48.679 --> 00:37:51.440
same thing's gonna happen to hockey here in the United States.
512
00:37:52.519 --> 00:37:56.119
It's a game. It happened with basketball. You see any
513
00:37:56.119 --> 00:38:01.719
powerhouse high school basketball teams anymore outside of the AAU
514
00:38:01.840 --> 00:38:05.599
places and the private schools now used to be in
515
00:38:05.599 --> 00:38:11.440
New York City, it should be highly competitive, not anymore. Again,
516
00:38:11.519 --> 00:38:15.119
it's all perfectly legal. Is it the right thing?
517
00:38:16.800 --> 00:38:17.039
Now?
518
00:38:17.440 --> 00:38:23.159
It's again it's people that are preying upon rich parents saying,
519
00:38:23.239 --> 00:38:25.519
if you spend all of this money, we're gonna make
520
00:38:25.599 --> 00:38:29.880
your kid a star. They have an entire high school
521
00:38:29.920 --> 00:38:32.280
here in the state of Florida, I amg Academy that's
522
00:38:32.280 --> 00:38:35.679
dedicated to that. It's like a rich babysitting service for
523
00:38:35.760 --> 00:38:39.360
wealthy people from all over the globe. The rich kids
524
00:38:39.639 --> 00:38:42.480
that couldn't make it in soccer in their home countries,
525
00:38:42.599 --> 00:38:45.360
they send them to play there, okay, and be babysat.
526
00:38:46.719 --> 00:38:50.000
So yeah, okay, We're not gonna win the World Cup
527
00:38:50.280 --> 00:38:53.920
anytime soon or come even close until it's a sport
528
00:38:53.960 --> 00:38:58.880
that's accessible to all. Sorry, watch Dog on Wall Street
529
00:38:59.000 --> 00:39:01.280
dot Com. How's that for an ending rant for you?
530
00:39:01.679 --> 00:39:04.440
Off the beaten track? God bless everyone. We'll see you
531
00:39:04.440 --> 00:39:09.000
next week. Watch Dog on Wallstreet dot Com.
532
00:39:09.039 --> 00:39:10.119
You that war.
533
00:39:12.199 --> 00:39:13.440
And a maz.
534
00:39:15.800 --> 00:39:18.960
You're listening to the watch dog on Wall Street
535
00:39:25.320 --> 00:39:25.800
Against