Speaker 1: Welcome to another episode of The Chips on the Right Show,
where we talked to our BFF and sponsor of the show,
Zach Abraham from Bulwart Capital Management.
Speaker 2: Zach, we have not talked since the election.
Speaker 3: I know, big things, huh, big things, big changes. That
was I feel like that was like an adult version
at Christmas, right, Oh.
Speaker 2: My gosh, what an amazing week.
Speaker 3: Yeah, and the holiday was the win and the presence
were they're still being opened. They're getting to watch the
absolute freak out of these people on the left. And
I'm just like, you know, I don't like to cry
at other people's misery, but oh, this is just the
best comedy ever.
Speaker 2: No, it really, it's too good.
Speaker 3: It's just too good.
Speaker 1: And now there's all these the new cabinet appointments are
being announced. They're trickling out slowly but surely. But I
think what a lot of people are super super stoked
about is DOGE, the Department of Government Efficiency, which is
now apparently going to be co led by Elon Musk
and Vivek Ramaswami. And like the left is trying to
make fun of that by saying, oh, it needs two leaders,
how efficient is it? But they're not even getting paid
like these this is these are unpaid jobs. They've been
given a very specific deadline of July of twenty twenty
six or slightly before that, I think, so that everything
is done before America's two hundred and fiftieth birthday.
Speaker 2: So what are your thoughts, like, how do you see
this working?
Speaker 1: And do you think it's realistic that they can actually
do some cost savings stuff?
Speaker 3: Oh well, yeah, I mean that's look. You know, the
people that are ridiculing it are the same people that
think men should be in women's sports. So I mean,
you know, I mean, take your opinion and go fly
a kite as far as I'm concerned, I mean, you
know what I mean, Like, these these people are now
serious people. You know, we have had I have had
interactions and scrapes with government and government regulations. And until
you really fully realize how inefficient these places are and
how much money they waste, it's shocking. And I'll just
say for it, and there's so much of it. I've
got a family member who's created a really cool innovative
product that can be used on any vehicle that has
ballistic glass. Okay, and they've now begun to sell this
to the Department of Defense, and a great product it's
taken off. It's going to save the American taxpayers ridiculous
amounts of money because it's going to eliminate the need
to replace ballistic glass all the time. And blistic glass
is incredibly expensive. So, like in one hundred and fifty
two hundred thousand dollars military vehicle, if it's got ballistic
glass in there, you're probably looking at a total of
sixty thousand dollars worth of blistic glass. And if this
ballistic glass sits out in the sunlight, the sunlight over
time degrades its usage and then turns it yellow so
you can't even see through it. Okay. So so anyway,
long story short, going through this process, I'm helping them
out with this business. And going through this process, you
realize in the gateways to sell it to the DoD
have been designed by bureaucrats, and those bureaucrats have formed
companies to stand in between the government and the company
and take a massive amount off the top. So right
out of the gate, yeah, we were willing to sell
this product for let's say, twenty five hundred dollars to
the DoD, by the time we go through this process
and they get their cut. And this is just a gatekeeper, right,
they're adding no additional value. They tack on an additional
fifteen hundred per item, okay, And that's the way the
system is set up. You have no other choice. So
when these people lack at these guys' ability to cut,
you could cut hundreds of billions of dollars from the
government budget and nobody accept The people that got paid
to do nothing would be any the wiser. None of
us would know this. And it's hundreds of billions of
dollars of waste, if not more so.
Speaker 2: And they little aspect, yes, but but what it.
Speaker 3: Shows you you know, you hear about you know, uh,
twenty five thousand dollars toilets getting purchased by the government,
and those aren't exaggerations and be this is just an
exaggerated version of what I was just telling you about. Right.
It's the middleman and they want it to be as
opaque and complicated as possible because then the only way
to navigate those challenges is by hiring one of those
middleman firms. Right, So you look, you look at the
way it's set up, and they're gonna give you good
excuses for why. It's that you go through the process
and you realize this is a money grap pure and simple,
and it is adding. I bet you that Aspect alone
is adding thirty to fifty percent onto the cost of
any good the Department of Defense purchases, right, And you
have these middlemen who are just making bank and it's
it literally is coming right out of our pockets. So
can they do it? I mean, you and I could
step in and cut hundreds of billions off the budget
without anybody noticing. And then you look at these two
guys and the accomplishments. I mean, these guys in one
of their fingers has accomplished more than all of Congress
put together. Right, So can these guys do it? Yes?
And it's low hanging fruit. It's gonna be simple. My
hope is that the Trump administration listens and actually institute
these changes. And looking at what Trump has gone through
over the last four years and looking at his cabinet picks,
it's clear to see he's coming in with a completely
different mo than he had in twenty sixteen. And I
think he's determined to slash and burn and I couldn't
I'm cheering him on, And quite honestly, my only fear
when I look at this is that they don't go
far enough, right, Like.
Speaker 2: That's yeah, I.
Speaker 1: Don't know, because they seem very very determined and they
are very committed to this task. I know Elon's saying, Oh,
it's going to happen way faster than the deadline they
gave us. Everything's going to be super transparent. They're even saying,
if you have, if you like, we're going to create
a site that shows everything that we're doing. If you
think that there's things that should be cut that we're
not cutting, or if you think we're cutting things that
shouldn't be cutting, you have a platform to be able
to tell us. So I think transparency is going to
be the name of the game with them. But like,
how do they even start? Like they it's not just
DoD right, it's every single government agency.
Speaker 2: I can't even imagine, And like where you begin?
Speaker 3: Yeah, So I've thought a lot about this because of
my interactions and dealings with some government regulators myself. So
and I think it's already starting. So the way and
when you understand the way these regulatory bodies work, So
the President has the ability to point the head of
these regulatory bodies, right, But those regulatory bodies are run
internally by a board of regents, if you will, or
somebody else that's appointed, right. So what I would like
so you start off by replacing the head of the
agency with somebody that is sympatico to the way you're thinking, right,
that has those same kind of priorities, and then that
person can really give you a boots on the ground
view of what is really going on inside, what is transpiring,
you know, how things actually work. And then from there
I'm not an expert in the process by any stretch
of the imagination, but from there, especially now with the
red wave turning, you know, Congress red as well. Now
you've got theoretically the power of the purse, assuming that
you can hold those votes. And you can do that,
so A you replace the person at the top, and
then b you mandate these changes, and if those changes
don't get if they can bureaucratically stop that anyway, you
have the ability to starve them out of government funds.
So basically you can sit there and say, now there's
a process you have to go to. You can't just
cut it off. But Basically, you'll have the ability to
sit there and say, Okay, if you do not capitulate
to these changes, you're not getting paid. Yeah, we're just
going to withhold the funds. So I think that's where
you start. And then, like I said, I don't think
it's gonna be hard. I think it's gonna be I mean,
I think it's gonna be like phishing in a stock pond,
right where the question is literally going to be, you know,
where there's so much here, where do we start? You
ever have one of those jobs, like especially as a kid,
where your parents tell you to go do a job
and you walk outside and you look at it and
you're like, I'm so overwhelmed. I don't even know you
know what I mean? Okay. I think that's kind of
like on the good side, where you go, okay, we've
got to cut funds and you're like looking around, going
are you joking? Right? Like? This is I mean, this
is like hitting water if you fell out of a boat, right, Like,
this is not hard. So no, I couldn't be more
excited about it. I think that you can. I think
you can. You know, I will it will it make
a meaningful dent? This alone in the budget or the deficit.
Probably not. But here's the thing. What the things they're
going to cut. I think that it won't make a
huge impact on the deficit. It'll bring it back in
some but the point is is it's going to be painless,
meaning I don't think you're going to see any economic
impact from these cuts because you literally, like I was
just using that example, you know, when you're when you've
got this bureaucracy set up the way it is, the
only people winning winning in that game. It's not the businesses.
I mean, they get paid, but they'd be able to
sell their goods to other people as well. It's those
middlemenum bureaucrats that are completely unneeded, right that are just
a value extractor from the whole process. Like that, right there,
we're selling this awesome thing that's gonna save the taxpayers
tons of money per truck. The bureaucrats get involved and
take a third right off the top for themselves and
then they pass that on to the government. So we
had the price that we wanted to sell it to
three thousand per unit, they just marked it up to
four thousand and start selling it. Yeah, and you sit
back and you're like, oh, my goodness, man, this is
such a waste. The government's paying twenty five to thirty
percent over just so these guys that have nothing to
do with building the product, designing it, patenting it, nothing,
just so they can stuff their pockets. And of course
those people have zero incentive to streamline the process, right right,
because the more.
Speaker 1: It costs, the more of a cut they can get
from themselves too.
Speaker 3: Yeah, and and and people don't realize how our kane
this is. So we so they went to govern they
they went to bases. Okay, there were generals on those
bases that said we want it, We're gonna buy it. Okay,
Then they went through the process, couldn't buy it, couldn't
couldn't execute the transaction because it is so it's like
a giant maze. And and it's it's unneeded complexity on purpose.
So the only way you can actually transact with these
these agencies, even if the officers or the general of
the base say we want the good, the only way
you can transact with them is if you go with
one of these middlemen that add one thousand dollars a
cost onto the product for the government to pay. So
so when these liberals sit there and say stuff like that,
I look at them and I go, tell me that
you're ignorant without telling me you're right, because you.
Speaker 1: Obviously they're gonna They're gonna still con continue to have
their freakouts because every time Trump does literally anything, anytime
he makes a decision, there's a whole new reason for
them to freak out and potentially for markets to freak out.
And I know that you are doing another one of
your live webinars soon to talk about projecting what will
twenty twenty five look like. How can people get in
on that action?
Speaker 3: Yeah, just go to Bullwardcapitalmanagement dot com. You can sign
up for the free webinar and we're going to kind
of go through all the right. I think there's a
ton of opportunity ahead of us. One of the other things, though,
that people really need to be conscious of is that, Yeah,
I think what Trump's going to do is great for
the economy, but be careful about comparing it to twenty sixteen,
because this market is currently trading it double the valuation
it wasn't twenty sixteen, and so I think there's going
to be big wins. But I also think there's places
you really need to stay away from. And you know,
managing risk through this next two years is going to
be extraordinarily important.
Speaker 1: Okay, so know your risk Radio dot com people need
to sign up day.
Speaker 2: Thank you, Yes, I appreciate.
Speaker 3: It all right, thank you so much for having me
fun as always. Investment advisory services offered through Trek Financial
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