Welcome to another edition of the Chicks on the Right podcast, where we chat
with the chief investment officer at Bulward Capital Management, our friend and sponsor of
the show, Zach Abraham. Zach, we talked to you today about all
the hullablue with the college campus protests. So we have this list of schools,
right, and it's gifts for American universities from foreign countries since twenty twelve.
I gotta know, like, first of all, how the hell do
they do this? It's like, how does this even work? And then
second of all, what's the economic impact of that? Because I we already
know what the cultural impact is because we're watching it play out, but from
an economic standpoint, like, just how do you feel about that? From
a guy that you know handles money every day, what are your thoughts on
that? I will be honest with you, this chart shocked me really,
yeah, because think about it, what is the university? The university system
in this country is so massive and so bad. Right. The only reason,
like you, the China one is the only one that doesn't. Now
you put it in context, and I sit there and I go, this
actually makes a lot of sense. China's China's whole deal. It's not even
well hidden. Right, China's whole deal is to have social impact on the
people that are running our country, that are running it, right, And
they've even set up these Chinese institutions. I'm blanking the name. There's a
term, there's an actual term for these they've set up at all these colleges,
the confusion like the Confusions institutes. Yes, yeah, right, right,
And it makes sense when I look at the rest of them, they
see what they see what what China's doing. But how does that work when
we're giving so many of those countries a money, right, and then they're
like they're turning around and then taking money and saying here American University. Like
I don't understand the mechanics of this. Yeah, because one of the things
I thought was interesting, like we said this morning in our like Venezuela,
they're eating zoo animals. But yeah, but they're turning around and giving us
like more million dollars, Like, how does that even work? I don't
get it. Priority, right, like paying for influence. I mean,
look, DC has taught us that, right, paying for influence matters and
it works. Wow. And more importantly, I think what it shows is
something that's really scary, and I think something know but you know, real
large now, even in the university's segment of our of our country, everything's
for sale and everybody's for sale good and I and and and you know that
you put this in context, you look at this chart, no wonder you've
got these protests going on, right, the Middle Eastern influence is so prevalent,
like it's just it's right in your face. I mean, cutter,
is that how you proNTs it? Cutter? Who knows? Cutter? Saudi
Arabia, Uee Kuwait. I mean, look at the Iraq, look at
the countries that are giving gobs and gobs and buckets of money to these universe
to are universities, I know. And it's not for nothing. It's not
to be kind. It's not like here, I'm just being so altruistic and
fill well. And that's what I was That was going to be my next
point, right, why do why you know, why? Why is their
corruption and bribes? Because it works like it works, right, that's why
they do it. And I mean they're just buying influence. And I was
going to say, I guarantee you, especially with the top four or five
on those lists. Did those come with caveats? Right? You need to
hire some professors from our from our local university or whatever. And these you
know, in these college presidents that they've all they've become really is overseers of
these huge endowments and money racers, right, and they're not going to turn
money down. The other thing is is it's sort of like the prisoners running
well, I mean, it's certainly the prisoners running the asylum or the patient's
running the asylum, but even with the faculty, right, you don't I
mean, listen to Claudine Gay right, the best and brightest, I mean,
well, when you're listening to her, you don't really know whose words
you're listening, but you know these are not the best bribers, and they're
not they're going to be easy to snow, they're going to be easy to
manipulate. But it just I don't really think I've been more bummed out by
a chartive scene. I'm sorry, I'm sorry. Where did you even run
into that? I it was floating around social media the other day and I
was just like I don't get this, Like I don't understand this at all.
And the source is the US Department of Education, which I'm surprised they
even allowed this to go out, you know what I mean, Yeah,
I had. This reminds me of a conversation. My grandfather was a really
brilliant guy, and he was he wrote two New York Times bestseller lists and
he actually he wrote he was he was pretty high up in the Republican Party.
At one point he wrote speeches for a couple of the president, the
Republican presidential candidates for president. And I remember him telling me I was probably
like eight or nine at the time, back in the eighties, and he
was saying, like, look at all these you know, look at this
modern liberal party. He goes, in your lifetime, these people are going
to be the most intolerant people you've ever seen. And he laid it out,
and I remember asking him why, and he goes, zac that the
extreme of any position eventually becomes its opposite right, and now you have the
Party of Tolerance and Love right radically anti semitic on college campuses. Isn't it
crazy? It's just I'm shocked, Like, it doesn't surprise me that those
people have gone there. It's just crazy. I'm old enough to remember the
Party of Anti war and love is now pro war and anti it's just crazy,
right. He was right, He was one hundred percent correct. He
was correct. Yeah, isn't it well? And with everything being as crazy
as it is, one of the things, I mean, we talked to
our audience a lot about how important it is to make sure that your finances
are in shape because, as you always say, you only get one retirement.
And so we're telling people that they should ask schedule a free risk analysis
with you. How can they do that? Yeah, the easiest way to
do it is just go to the website Bulwarkcapitalmanagement dot com. Know your Risk
Radio dot com. And it really is it really is a one off thing.
So you know, people, we get the comment all the time,
oh you guys, really this isn't cookie cutter stuff. We're like, no,
I was just I was just dealing with a client that's working on selling
a business and we're walking through this and obviously we have things that we think
are good for everybody. But you know, today's a perfect day. Our
portfolios are actually up, we're having a nice day. The market's going through
the ringer. Why we have exposure to a lot of now, it doesn't
guarantee it every day, but we have exposure to other things that you're gonna
need in this environment, and most people's portfolios are not ready. So anyway,
give us. Yeah, you go to the website Know your Risk Radio
dot com Orork Capital Management dot com and we'll get you squared away. Awesome,
Thank you so much, all right, thank you, ladies. Investment
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