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hey friends this Chris welcome back to the channel and greetings from pan so we got to talk about what is Warren Buffett up to what is Donald Trump and Elon Musk up to and how does this all relate together so let's just start with Warren Buffett he's selling stock I'm just telling you he's selling stock uh I just saw the news today uh he's selling some Bank stock he's selling Bank of America right so I guess I mean that's a pretty big warning sign right there Bank of America he's selling he's also selling City group right which is basically City Bank um I think it was 15% cut on his Bank of America stock and a 75% cut on his City Group stock so maybe Warren Buffett sees some warning signs ahead regarding the financial sector and Banks um Warren Buffett is buying a little bit of stock though so I don't think he's only selling he is buying a bit um he doesn't actually buy that much these days he's sitting essentially sitting on a huge pile of cash uh but he's buying alcohol stock consolation Brands so if you kind of read into this basically saying uh I don't feel so confident in the banks guys but hey I'm bullish on people drinking alcohol so I know I laugh but it's like it kind of feels like that's a recession warning to me uh I'll let you guys be the judge of that but I don't I don't think it's that hard to read selling bang stocks buying alcohol stocks that's how Warren Buffett's responded to this stuff and um all the times guys what I always say don't necessarily pay attention to what people say pay attention to what they do right especially how they they treat their money now I'll give you an example um you know Elon Musk and Donald Trump they'll come out and say every day that they're the best in the whole world and everything's awesome especially Donald Trump he'll tell you all the time that he's got the highest IQ he's the smartest guy in the world but this is what they're doing they're cutting jobs that's their focus is cutting jobs which is kind of bizarre because usually for a politician or a business person right as these people try to try to be um usually want to be creating jobs for people you want to tell people hey the future's going to be great but no like they want to cut jobs that's what they keep talking about and it's absolutely insane um I'll just say this there's a lot of push back right now I've been tracking this stuff and um basically what it is they'll go into an agency so we use the example of the Consumer Financial Protection Bureau and they'll say you know what we're just going to lay off everyone because we hate all you people we hate people who are out there to protect consumers we we hate that we want to cheat consumers right that's that's that's what they want to do they want to fire one at the people at the bureau that wants to protect you and um essentially what then what they want to do is they want to create a world where people like musk people like Trump can run their scams and run their ponies and skim as much money from you as as they possibly can so let me give you an example of why you want a Protection Bureau uh in place let's say you're in the market to go buy a home and you want to go get a mortgage right or you want to get a home loan and basically the mortgage you know a place maybe go to Credit Union maybe go to you know whatever Traditional Bank and um you know maybe they don't charge you the best interest rate that they possibly could or maybe uh in the contract in the fine print there's like a little bit of sleazy language in there that's out to cheat you to be perfectly Frank or or maybe there's like these crazy fees that will skim off the top and and essentially cost you more money than you need to pay there's no consumer fin Financial Protection Bureau to protect you right like you want these agencies in place to protect you from companies cheating you that's what this is all about and musk and Trump want to cut these kind of agencies out to protect you I I think this is a really important issue and on top of that they want to cut jobs it's it's absolutely insane um moreover you know like I read these reports to where you know the must and the trumps they want to cut you know jws from the NOAA basically people who ATT track our climate change people could ATT track our weather and this is what this boils down to is they want to live in a world where companies can go out and cut down as many trees as they want companies can go out and like drill wherever they want dirty our environment poison your water these kind of things and like guys there has to be protections on this kind of stuff there there there needs to be um I I'll I'll try to make it in the most simple terms possible um I used to live in China I used to work in in Beijing and you know when I was there there were situations where we'd have these crazy dust storms like like seriously it was nuts and like you couldn't go outside it was unbreathable you couldn't even see the sky the sky would be like brown it was it was awful and essentially what was going on is there was like just too many factories going up too quickly not enough clean standards on the factories too many trees being cut down this kind of stuff that's the world you're kind of going into right that's the world that the trumps and the must want they just think like profits at all cost right dve the the the price of of every stock of every company and all go to the Moon Etc but sometimes guys profits aren't necessarily the only thing that that is you know good in this world like sometimes money is not the only Pursuit that you want in life and you know it's it's ironic because the Republicans I was thinking about this today because people mentioned in the comments you know with with say for example musk who has like 13 kids now that was just announc and remember there was there was a time when the Republicans and and quote conservative people they would like talk about family values talk all these kind of stuff but like I I don't think it's a crazy thing to say that a family value is about making sure that that your home your environment your water your in air is is a clean place for for your children to play and I I don't think it's a crazy thing that you know your family home environment is is you know filled with you know rules and regulations to protect you guys I I don't want companies out to cheat you all the time because that's what they're going to do I I guys I I lived in China I'm just telling you I in China like there's so many scams there it's actually insane uh if you want to talk about Russia right because this is sort of like the must and the trumps kind of want to go to that more authoritarian rule because basically what it is uh they they'll these type of countries right so let's say Russia and China they don't have free speech okay and I'll give you an example it was recently reported today that um the Associated Press I just saw uh they're I think they're banned from the Air Force One and they're they're banned from the white house uh and they're what it is the Trump people are really really mad that the Associated Press won't use the words um is it Gulf of America no yeah Gulf of America I even forget because um because it's it's Gulf of Mexico everywhere else around the world and and you know Trump his whole like thing was like we're going to rename it to you know Gulf of America and and the Associated Press hasn't started using that language yet and like like the Trump people are really really mad um now Reuters is supporting Associated Press in this and um we're going to see I'm actually really quite curious if if there's going to be a boycott of say the White House of Air Force One it it is a difficult time that that we live in right now because these are the fights that the Trump people want they want to you know rename uh you know bodies of water they want to like take over Greenland take over Panama they keep talking about making Canada the 54th State like they that's stuff that they're interested in and they want to fire everybody that's that's what they want to do and and it's like are are you people insane um that's why you're seeing so much push back uh around the country it's not just in one or two places it's like many places you know I'll give you example every time they try to you know go out and fire people illegally there's push back because you know I give example with the CF PB already the unions are fighting back and I think I just saw today that the uh the judge is like putting a you know a halt to the the Trump the must firing people you know you can't just do these Mass firings on a whim you're talking about union workers and also government workers and uh usually you know it just happens right you know usually when when you do fire people if you have to do it you have to make some sort of justification of like okay this is why are doing it this is why why you're bad Etc or or this is why you know they got to make these Cuts but like they're just like doing it wholesale and a lot of the stuff could be with people that like you really really need so um I I totally get that they want to cut the Consumer Financial Protection Bureau because you know they want to like run their scams all along but like think about something like this uh if you start cutting people from say nuclear safety which you talked about before it's absolutely insane like like there's certain people like you just need for our national security or this is something that that they're doing as well they're cutting our FBI and and our CIA and and you know it's funny I I just saw a movie recently it's called the order and I don't know if you guys saw this movie and um it gives a look into sort of like the importance of the FBI to protect us from essentially like people like a trump and a mosque um the orders about this to say it we'll just call it um like a terrorist organization kind of thing bank robbers and and there's a bunch of stuff like that but they're kind of like this crazy cult kind of like musk and if you've seen the movie you'll know what I'm talking about and um basically chronic IES Jude Law who that movie plays the FBI agent who's like there to protect the public good and the ironic thing about the movie is um it betrays like kind of this musky sort of culty character and that guy's got like multiple kids with multiple wives like the same kind of thing as is is musk and just like oh my God what's going on here um I I was just mentioning that movie because you know when I think about movies that that I enjoy or just and that movie is actually based on a true story that um took place at Whidby Island in Washington state if you guys know the story but um you know the the FBI uh the police like the the people out to protect you are are the good guys and they essentially are out to protect you from from the criminals the problem we have right now is like Trump and must the criminals are are you know ruling the the roost at the moment and essentially what they want to do is fire all the cops it's it's it's insane um and you know there's going to be push back and that's what we're seeing around around the country where you know when the job uh you know Cuts hit your neck of the woods when a member lose a job or a friend lose a job you're going to be like this is nuts or when you really need that protection you know from the government and and and it's weird because like from the whole musky and the Trump point of view they want you to think the government's you know Evil all the time and they're out to hurt you and to get you but guys there's things that like for example I'm sitting here in a public park I'm happy to have a public park I think it's fantastic I think it's important to having a healthy Society right the same way having public transportation is fantastic to having a healthy you know Society where where you can you know freely go wherever you want to go and these kind of things but the mus Trump they just kind of want to cut all services privatize everything they want to make everything for profit but not everything should should should be like that you know I I I'll give you an example um from us point of view or Trump's they they want to cut education okay from their from their point of view they're like you know what let's fire all the teachers let's turn it all into AI because that's the best way that we can profit off of Education right that they think okay if I can have all these kids you know safe do for example doing Zoom classes and we have one AI teaching you know a million kids well think of all the money we could save right like when you when you think about the whole world as only being about you know profits and only being about pushing up that stock that's the world you get you fire everyone you go for profits but it's not a healthy Society it's not a healthy economy and that's why I think for example in War Buffet situation he's like you know what I'm selling Bank stocks I'm buying alcohol stocks I think you know I'm bullish on alcohol of I mean you know it's laughable and sad at the same time but you know that that's that's the world that we live in and honestly guys I I think we're going to make it through it but I I I can't I can't predict how long it's going to take before the Trump and the mus crumble because I the reason why I say they're going to crumble is because these people are liars they're untrustworthy and essentially what it ends up being is like they're kind of like this gang Mafia and they all like lusting for power trying to reach for the scepter right and ultimately those people end up self-destructing because there's just too much greed there so they're they're going to they're going to fold eventually I can't predict exactly which day but the more I see it going down that path it's going to happen so um that's my thoughts on this stuff I want to hear yours and um thanks for watching the video
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