Summary
➡ The text discusses government waste and fraud, including spending on unnecessary projects and tax credits given to ineligible recipients. It also talks about politicians and corporate insiders making suspiciously well-timed trades in the stock market, often before major announcements that boost stock prices. The text suggests that this is an open secret and that everyday Americans can also profit by following these trades, which is legal and publicly available information. The text ends by promoting a free online training event on how to do this.
➡ This text is about a free online event where you can learn how to access a public database for stock trading. The event will also share research on insider stock picks and provide information about a promising biotech stock. However, the event has a limit of 1,000 attendees, so it’s recommended to register early. The event will take place on Thursday, December 19th at 3 p.m. Eastern.
Transcript
They do a much better job, but they share the records on a much more ubiquitous basis that we do. We’re always concerned about privacy, but I think we could fix that too. But I like looking at everything. I don’t see any reason why these two can’t just release the hounds and go nuts. Everybody’s interested to find out what they’re going to see, and I’d like to hear it myself because maybe it’s a means test on Social Security. We have to fix this because the deficit’s getting a little big right now, and the bond market’s starting to get a little uneasy in the 10-year.
I worry about that. Hey, gang, it’s me, Dr. Steve, and it’s been five weeks since Donald Trump was elected president, and he’s already accomplished more than Joe Biden did in the last four years. I mean, think about it. Hamas is calling for peace. Putin says he’s going to sell Russian oil now in U.S. dollars. Mexico broke up a migrant caravan, and the Mexican president has agreed to secure the border from their side and stop the illegal flow of crime and drugs into our country. The European Union is saying it wants to now buy American natural gas to avoid Trump’s tariffs.
Thousands of unnecessary government employees have threatened to quit after Doge announced that they’d be forced to actually come into office for work. The Dow is up 2,700 points, and to top it all off, Justin Trudeau, the soy boy prime minister of Canada, flew to Mar-a-Lago to meet with Trump, pat in hand, desperate to reach mutually beneficial terms on trade. Again, he’s not even in office yet. He’s not even in office, and the world is already changing. Now, the only people whose lies will most definitely get worse under President Trump are useless bureaucrats. The D.C.
swamp is in a full-on panic. These people have mooched off the American taxpayer for decades. Multimillion-dollar lobbying contracts, unaudited federal grant programs and backdoor deals have lined the pockets of these swamp rats with literally billions of dollars. In fact, get this. I mean, this will bring it home for you. Nine of the richest suburbs in America are, guess where? They’re all in the D.C. area. Now, the biggest fear for these political parasites is not just Trump, but it’s his team of Avengers he’s bringing with him to end this corruption. My guest today has made a career out of tracking how these people make their money.
His name is Ross Givens, good friend of this channel, and he’s a leading expert on insider trading. Ross, thanks for joining me. Great to see you again, as always. Hey, my pleasure, Dr. Steve. Oh, it’s an honor, man. So, obviously, given your expertise, you know, I don’t need to tell you how deep the corruption runs. Because you’ve been tracking the stock trades of these politicians, you know, for the better part of the decade, you actually sent me this graphic a couple of months ago, and I wanted to share it with our viewers because I think it is just so illuminative.
This shows how much members of Congress made in the stock market just last year alone. And I mean, dude, some of these numbers are freaking staggering. I mean, New York Representative Brian Higgins, he made 238% return last year. I mean, is that real? Oh, yeah. And look, 238% in a year, more than tripling your retirement account in a year, is pretty much unheard of. I mean, take someone like Warren Buffett. He’s been doing this for 70 years. He’s never had a year that good. Right. You know, these guys, pretty much everyone on that list right there, these congressmen, beat every professional on Wall Street.
And the only way that is possible is if you were trading on inside information, the only way. Right. Which is just another form of corruption. Exactly. Yeah. Yeah. Now, again, what I love about what you do, Ross, is you take your expertise, which can obviously be very frustrating, this expertise on insider trading. But what you do is you redeem it. You turn the lemons into lemonade. You turn it for good. And you actually teach people how to make money by piggybacking on these trades, which I love. I’ve been a huge fan of your work because you show people how to do this themselves.
I get your weekly text messages every week in terms of stock picks. But you do this all perfectly, ethically, in that no one is being bribed. That’s the beauty of it. And you’re holding another free online training event this Thursday, right? That’s right. Yep. It’s Thursday, December 19th, 3 o’clock Eastern. It is 100% free. It’s online. Anyone can come. Yep. Yeah. And they fill up very, very fast. So make sure you click on that link below to join right now. You’re knocking. I mean, literally by the end of this video. So I do want to tell everybody about that more in a minute.
But first, I want you to talk about the incoming of Doge, Trump’s new department of government efficiency, because this might be, I mean, if you really think this through in the way they’re talking, this might be the first real effort to tackle corruption and waste in Washington, literally in our lifetime. I mean, this would make the Reagan Revolution or the Gingrich Revolution pale by comparison. What’s your take? Oh, yeah. No, I totally agree. And this is the thing by far I am most excited about when Trump takes office. And this to me has really always been Trump’s dream.
Yes, he’s a great deal maker. Yes, he’s intelligent. But what makes him great at what he’s done is that it’s not that he has all the answers, but he puts the people who do in a position to get those things done. And we’ve already forgotten he wiped out ISIS in two months. When we battled him for 15 years, he talks crazy. He doesn’t talk to generals in a boardroom. He goes and talks to soldiers on the ground, the ones who knew what needed to be done. And he gives them that. And when it comes to government waste, I think you need business experts because the federal government at the end of the day is just a giant business.
It’s a terrible business. It’s one that loses money every year. It’s one with a mountain of debt, but a business. And it can print its own money, too, right? Right. But if you want to lean it out and quit wasting what is literally trillions of dollars, you need people who have done that on a large scale. And no one has done it better than Musk. I mean, Elon, not just what he’s built, I mean, Tesla, SpaceX, Neuralink, XAI, the boring company, Zip2, which became PayPal. The guy is a rock star, but what I think is most impressive, what Trump probably saw, is what he did at Twitter, which is now X.
He bought the thing. Did he overpay? Sure. But he bought it when he had 7,500 employees. Today, there’s 1,000. Yeah. He cut 80% of the workforce. It’s running better than ever, more trafficked than ever, more profitable than ever. So that’s really what Trump wants him to do with the federal government. You know, I don’t think people realize, as I’m hearing you speak, I don’t think they realize the true scale of how much money the government actually just out and outweighs. I mean, some of the big ones make the news, like, you know, the $7.5 billion to build vehicle charging stations.
And what, three years later, they only, what did they build, like seven billion dollars each? Billion to charging station, yeah. Yeah, a billion to charging station, right? Or the infamous bridge to nowhere. Everybody knows that. I mean, what a beautiful metaphor, if you think about it. But the waste is literally compounded. I mean, there are just thousands of thousands of examples we can add to that, hundreds of billions of taxpayer dollars, just completely wasted every year. And the thing is, we hear the word billion today, just kind of, about 10 billion here and 100 billion to Ukraine.
Like, I don’t think we realize how much money that a trillion dollars is once an unfathomable, unfathomable number. The government goes through that every hundred days now. But I did. I wrote down a couple examples of just ridiculous waste for you. I found a list of more than 800 of them. This is a tiny little sample, but these are the few that caught my mind, Dr. Steve. The Department of Agriculture employees have government credit cards. Well, it turns out they buy stuff for themselves on this thing. Roughly $100 million in fraudulent charges, everything from Ozzy Osbourne tickets to tattoo payments.
We gave $1.3 million to Pepsi to build a yogurt factory in New York. We spent $100,000, I can’t even read this, for a celebrity fruit promotion roadshow in Indonesia, okay? Our federal tax dollars took $75 million to build an airport, another $29 million to build a harbor in Akutan, Alaska. Fine, except that city has 75 residents. I laugh just because it’s painful. It’s insanity. We’ve given a billion dollars in tax credits for these energy-efficient home improvements to people who don’t own homes. They went through the recipients. Prisoners are on this list.
Underage children were on this list. We give a private developer, a private developer, $484,000 to build a mellow mushroom pizza restaurant in Arlington, Texas. Tell me how that benefits the average taxpayer. We spent $770 million repairing mosques and religious buildings in foreign countries. The Wisconsin Historical Society got $800,000 to install horse-drawn carriage exhibits at a visitor center. And in 2010, the coup de gras, the University of Kentucky received $181,406 to study how cocaine enhances the sex drive of Japanese quail. You are gotta be making this stuff up, man. This is nuts! If that’s not ludicrous enough, our federal government renewed the grant in 2011, gave them another $175,000 to continue this asinine study.
And all of this does not include the $12 billion we spend to maintain empty federal buildings every year, the $14 billion of overpayment and unemployment benefits, the billions lost to fraud on Medicare and Social Security and an estimated $200 billion in fraudulent PPP loans, all of which have been completely forgiven, all of which are the burden of the taxpayer. And that, to me, is what makes it even worse. Because we’re not just talking, this isn’t just government waste. This is out and out fraud. We’re talking freaking government fraud. And one of the ones you mentioned there was a half a million to a developer to build a pizza restaurant.
I mean, it’s pretty common, right? As I understand it, this sort of revolving door, as it were, it’s pretty common for businesses owned by donors or close friends of politicians to get millions of dollars in government subsidies. But politicians, they can’t grant the money to themselves. So one of the ways, and you’ve taught me this, one of the ways people pay them back for this money is with stock tips, right? You and I were talking about this earlier. Stock tips, stock tips aren’t traceable. There’s no paper trail. No one could prove you traded on inside information.
So a senator might kick a few million bucks to a donor in the form of one of these insane federal grants you’re talking about. And then in return, the donor tells that senator when to buy their stocks right before some big announcement that’s about to send a stock price way up, right? Exactly, yeah, that’s exactly how it works. And, you know, we’ve talked about this before. Politicians, they never leave DC poor when they arrive. I don’t think it’s ever happened. Yeah, right. Except for Trump. Right, exactly. But look, these congressmen, I mean, they’re becoming multi-millionaires, placing highly suspicious, well-timed trades in the stock market.
Often, like you said, right before a big merger or a big drug approval that boosts the stock price. Yeah, it makes them a fortune. So my understanding, and you’ve talked to more people than I have, but it’s pretty much an open secret on Capitol Hill, I think, that this goes on. Yeah. Well, I mean, just practically speaking, do you think with Trump taking office and such a big focus on weaning out corruption and waste, is there a chance they’ll finally ban members of Congress from trading? There’s always a chance, sure.
And if anyone could do it at Trump, I think it’s still unlikely for a simple reason. Congress passes the laws. Yeah. So you’re asking them to ban themselves from trading, which makes them millions of dollars a year. I mean, if you’re making 20 million bucks a year with this stuff, would you stop? That’s right. Plus, part of the business model, that’s right. And you told me this, you’re the one told me this, you said, Ross, I think that’s going to burn up a lot of political capital. And that’s something I didn’t really think about, because Trump’s got an aggressive agenda.
And the kind of sweeping changes he wants to make, that cannot be done without congressional support. And I don’t think you can afford to piss all these people off with something like that. And look, you know, this is not a popular opinion. But the fact is, they’re not hurting anybody. Is it fair? No. Is it ethical? Absolutely not. But these guys making money in the stock market does not take money away from anyone else. Right. And so I would rather them cheat the stock market than cheat by wasting my tax dollars.
Right. Good point. And like, you know, what I do, we follow these trades. We can follow their trades. So I’ve been doing this since 2017 for our members. We actually do it as a service, where we alert them what to buy, when to buy it. Yeah. We’re up over 1,900% in the last seven years doing this. Wow. So it is, yes, it’s frustrating, but it creates a huge opportunity for you and I. And I think if everyday Americans, if you’re not using this information, which is free, which is publicly available, you’re missing out on a lot of potential profits.
Right. And that’s the key. I mean, it’s the information. That’s what, in the end, that’s what you represent, is information, a brain trust, as it were. Yes. Just to be clear, all you’re doing in the end, it’s actually insanely simple, is you’re following their trades. You buy these stocks when you see that Congress is buying them. You’re piggybacking on them and making money as they make money. That’s it. Very simple. Really? Well, that’s what I love. The KISS principle, right? Not overly complicated, right? And also, we need to be very clear on this because obviously we all be concerned.
This is completely legal. This is completely ethical, correct? Completely legal. Yes, 100% above board. And look, it’s not just politicians. You know, corporate insiders are even worse. You’re talking CEOs, board members, vice presidents. You can see what stocks they’re buying with their own money, in their own account, in nearly real time. I’ll give you an example. You’re going to love this one because I know you feel about this guy. He’s everyone’s favorite pandemic villain, Mr. Bill Gates, right? Now, here’s where things, this is an interesting story. You’ll get a kick out of this.
So back in 2019, literally a few weeks before COVID ramped up, Gates bought 1.1 million shares of stock of a clinical stage biotech company called BioNTech. And I sent you the press release there if you’d share it. But this company was developing what would become the Pfizer vaccine. Now, as you can imagine, that stock took off, right? Gates sold his stake two years later for a 1,500% gain, a profit of $242 million. And this at a time when so many people were losing their jobs. Oh, yeah. It’s just disgusting. Now, it gets worse.
It gets worse. Now, he sells all the stock. A week later, a week after he sells, this is when he publicly admits the vaccine does not prevent infection. And the stock obviously began to tank, but he cashed out at the top. And the cherry on top, which really piss everybody off, since he bought this stock through the Bill and Melinda Gates Charitable Foundation. Oh, stop. I know where you’re going with taxes on it. It’s a tax-free gain. Now, I know. Listen, it’s not fair. It is anger. But look, life’s not fair. And at the end of the day, if you can’t beat them, join them.
Why should this scumbag be making all the money? Right, exactly. And there is nothing illegal, like you said, about what we’re doing. We’re simply leveling the playing field. We are using this unfair advantage people like Gates have to benefit ourselves. And that’s why we hold these free training events every couple of months. You’ve been a great supporter of ours, which I can’t thank you enough. We had thousands of people come. Yeah, the law of life. Yeah, how to do it for themselves, right? So it’s where you can find the trades. What to look for, what to look out for, all of it.
And the feedback has been great, been empowering people. I mean, our members have made millions of dollars doing this stuff, literally. No, I’ve been to several of your trainings. Actually, I don’t think I’ve missed one of them in the last year. They’re incredible. And we’ve gotten amazing feedback from our viewers that have attended, some become members and made a lot of money, like you said, doing this. Give everybody the details on that. Let’s close the loop here. You said you have the new free training. It’s this Thursday at 3 p.m. That’s right. Yeah. Yeah, this Thursday, it’s December 19th, 3 o’clock p.m.
Eastern. The event is online, so anybody can attend. It’s completely free. And what I’m going to do is show you everything. I’ll show you how to access the public database where you can find all these trades. I’ll show you what to look for, what our biggest winners had in common, all of it. So we walked through the whole gauntlet. And I’m also giving away all the research on our latest insider stock picks. So everyone who even registers. Yeah, even if you can’t come, I encourage you to register. We’re going to email you out that report for free.
When you sign up, you’ll see the depth of our research. It’s plain English. It’s easy to understand. We lay it out, what the company is, what insiders are buying, what we think it can do. So I encourage you to do that. This one could be a monster. We’ve got tons of insider buying. It’s a little off the radar, less than $10 biotech stock. The one we gave back in January went up by, I think, 300%. So this one could do even better. So definitely sign up for that and be sure to attend Thursday, 3 Eastern. It’s online.
The only caveat is there’s a cap of 1,000 attendees. We broadcast on a software called GoToWebinar. It has a maximum capacity. So once 1,000 come in, it won’t let you log in. So I encourage people, register early, show up, just put in an email name. I think you put your cell number. We’ll text you a reminder, like 15 minutes before we get started. But I think you could get a lot out of it. So I encourage people to register and attend. Oh, absolutely. And I get those texts, and I look forward to everyone I get. I mean, gang, this is so awesome.
We can only imagine the heights that we’re going to reach with the dawn of the new Golden Age, right? With Trump and his team of Avengers. I mean, can you even imagine it? So gang, don’t wait. You don’t want to miss out on this. This is how you position yourself for what’s coming starting January 20th. Thursday, December 19th, 3 o’clock p.m. Eastern. The event is online, completely free to attend. And I’ve been to these. Ross is going to show you. He’s going to walk you through everything you need to know to learn a trade like Pelosi, but legally and ethically, right? Link in the video, I assume.
Or link in the description. Yeah. To register. Yep. Cool. Click on that link below. Absolutely. And absolutely also remember that webinar software that Ross uses is limited. Unfortunately, there are a lot of people who get the Ark store shots and you’re out. So they got to place a cap on the first thousand registrants. If you haven’t been to one of Ross’s free trainings, let me tell you, they fill up fast. So you do not want to miss out on this. Click on the link below to register. Make sure to get in on the first thousand and we’ll see you there.
I’ll be there on Thursday, 19th. It’ll be awesome. Ross, it’s always an honor and blessing to chat with you. Keep up the amazing work. Can’t wait to see what you do in the new Golden Age. All right back at you. And by the way, congrats and success of your new book. Dr. Steve sent me a signed copy, which I appreciate. I’ve gotten into it and just phenomenal work as usual from you. So thank you for writing that. But thank you Ross for all you do. It’s the least that I can do. Thank you so much. [tr:trw].
See more of Dr. Steve Turley on their Public Channel and the MPN Dr. Steve Turley channel.
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