John Bolton - April 29, 2026


A Nation in Decline — and Carney’s Grin Looms Over It

CARNEY＂S Sovereign Wealth GRIFT - A FOOL and Your Money That Sure Got People’s Attention — Good. That’s the Point.

Episode Stats


Length

7 minutes

Words per minute

162.66

Word count

1,220

Sentence count

88

People

Also mentioned:
Mark Carney Justin Trudeau Pierre Poilievre Jason Jacques Jesse Klein John Borg

Harmful content

Toxicity

6

sentences flagged

Hate speech

3

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

After yesterday's fiscal update from Mark Carney and Francois-Philippe Champagne, I am breathing a sigh of relief. I m feeling so much better this morning to know that these men are watching out for my tax dollars, and yours as well. Don t you feel better?

Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 There may be some words of profanity in this video. Viewer discretion is advised.
00:00:09.740 Hi, it's John and welcome to the channel 249 AM. It is Wednesday, April the 29th. A pleasure to have
00:00:15.600 you here. Thank you so much. I don't do this at the beginning of my videos very often, but if you
00:00:20.560 haven't subscribed to the channel yet, if you would please click on subscribe, I would really
00:00:24.840 appreciate it. Well, I don't know about you, but boy, I am breathing a sigh of relief this morning
00:00:33.160 after yesterday's fiscal update from Mark Carney and Francois-Philippe Champagne, our finance
00:00:39.180 minister. I'm feeling so much better this morning to know that these men are watching out for my
00:00:45.140 tax dollars and yours as well. Don't you feel better this morning? Let's just take a look at
00:00:50.820 a couple of stories. Federal deficits smaller than expected in spring economic update, but with
00:00:56.820 $37.5 billion in extra spending. The federal fiscal update showed that revenue projections increased,
00:01:03.540 but the government has decided to spend most of that windfall. Let's just take a look at the
00:01:08.720 numbers quickly. By the way, this will be a Francois-Philippe Champagne and Mark Carney
00:01:13.440 free video. Prime Minister Mark Carney's spring fiscal update showed a smaller than projected
00:01:18.540 budget shortfall of $66.9 billion. Tuesday's deficit figure is $11.4 billion below what was
00:01:25.900 projected in the fall, with budget 2025 initially projecting $78.3 billion deficit. Don't you feel
00:01:33.100 better? You know, it's just wonderful looking at these two men. Look at them. Look at them with
00:01:38.900 those grins on their faces. Look at the great job they're doing for you, folks. Look at this.
00:01:43.360 Carney's fiscal updates continues true to error approach to federal finances on the campaign trail.
00:01:49.280 Carney promised to address Canada's fiscal woes, but taxes, debts and deficits will stay high for the next five years.
00:01:55.780 And then we've got this one right here from Jesse Klein.
00:01:59.340 He uses a Star Trek analogy.
00:02:01.220 Carney's fiscal update denies reality gravity to save the whales.
00:02:05.680 The spring economic statement might as well have been lifted from a Star Trek script.
00:02:09.700 And I'll put a link to all of these stories in the description below.
00:02:12.960 You might remember that earlier this week, I did a video where I compared the Liberal Party and their followers to the Borg, the collective.
00:02:21.980 You may want to watch that. More than 50,000 people have.
00:02:24.800 Now, we've got more than $60 billion in deficit this year.
00:02:28.380 Do you remember going back just a short time ago?
00:02:31.660 This is back in 2015 when Justin Trudeau said he was going to run modest deficits.
00:02:38.100 Trudeau says liberals plan three years of deficits to push infrastructure.
00:02:41.580 They're doing the same thing now, rinse and repeat with the Liberal Party, but read this.
00:02:45.960 The Liberal fiscal plan would see a modest short-term deficit of less than $10 billion
00:02:50.740 for each of the first three years, and then a balanced budget by 2019-2020 fiscal year.
00:02:56.800 That never happened.
00:02:58.000 Carney promised a balanced budget last year, and it's not going to happen anytime soon.
00:03:02.780 What's happening here is like the frog in a pot analogy, but the difference here is
00:03:08.100 that you're the taxpayer in the deficit pot and Kearney and Champagne are turning up the heat
00:03:13.360 and the deficit goes up, it goes up, it goes up and pretty soon there's no time for you to jump
00:03:19.700 out and it is over. So what they're doing here, okay, what you need to understand is that,
00:03:26.600 look at their faces, look how happy they are with this. Let me bring this up on the screen.
00:03:31.040 They're just so happy with this fiscal update, folks. Look at this. Look at what their eat
00:03:36.940 shit grins here. Carney's doing just fine. If you want to know how he's doing, go to Moose on the 1.00
00:03:41.620 Loose. Of course, Champagne's wife's working on the $90 billion choo-choo to nowhere out east. 0.99
00:03:47.800 And she's going to be raking in the cash and no doubt he will be as well. But what they're 0.95
00:03:51.720 selling you right here, and what this is, this budget is, it's a giant pile of shit. 0.99
00:04:00.660 And here's the thing, what they're trying to sell you is a slightly smaller pile 1.00
00:04:04.460 of shit. And we've mentioned here many times before that Carney plays accounting tricks. 0.99
00:04:15.080 He's done it with the military. The 2% for NATO, that's just accounting tricks, moving one
00:04:21.940 budget to another place to make it look like he's actually doing something. And he's doing
00:04:27.320 the same thing here. He's spending more money, but saying he's dropping the deficit.
00:04:31.880 Pierre Polyev, he described this one year ago.
00:04:34.960 Maybe you should have listened.
00:04:36.660 What Mr. Carney is talking about is taking tens of billions of dollars of new spending off the books,
00:04:42.560 hiding it from Canadians so that he can artificially lower the deficits that people see reported.
00:04:48.480 But that doesn't mean that Canadians won't have to pay the price.
00:04:52.700 In fact, every single dollar the government spends is paid for by Canadian taxpayers,
00:04:58.800 either through taxes today or inflation and debt tomorrow.
00:05:03.940 And you have to pay interest on the debt.
00:05:07.160 And the more deficit spending, the more interest you have to pay,
00:05:10.560 and the less you can afford the things you actually need in this country.
00:05:14.600 Now, here is a conservative in a committee meeting doing some good work.
00:05:18.600 Now, watch this and enjoy it because you're not going to see much of this anymore
00:05:21.880 because the liberals now control all the committees
00:05:24.220 and they can bury anything they want since they stole the majority.
00:05:28.120 Here is a conservative talking about servicing the debt.
00:05:32.320 This is staggering.
00:05:33.800 The public debt charges is $53.6 billion,
00:05:38.660 and that projection is going to increase in 2030 to $82.4 billion.
00:05:45.160 Is that sustainable?
00:05:47.020 Every dollar spent on debt is a dollar that is not spent elsewhere.
00:05:52.800 If you haven't heard this before, this will shock you.
00:05:55.900 we spend more servicing our debt than we do on health care in this country, and it's going to
00:06:00.420 get worse every year. In the same meeting, the interim parliamentary budget officer, Jason Jacques,
00:06:08.140 with a stunned look on his face talking about this, listened to what he had to say.
00:06:14.280 Right? These are, I don't know, I think I used the words in French, which the translators
00:06:20.320 probably got really well like stupefying shocking right this is not it's not a it's it's not it's not
00:06:30.720 a it's not a funny fiscal outlook it's it's a really serious fiscal outlook it's and we don't
00:06:38.480 lightly use the word unsustainable right unsustainable means you don't have the option
00:06:47.760 is saying, maybe I'll wait a couple of years, I'll see how things go. It means if you don't
00:06:53.600 change, this is done, right? So it's very serious. Stupefying and shocking, talking about
00:07:03.500 debts and deficit. If we don't change, this is done. And the government's changing. It's just
00:07:09.960 getting worse, folks. Let me show you these two guys again with their eat shit grins, 1.00
00:07:14.720 gaslighting Canadians that all is just fine. Look at those faces, folks. 1.00
00:07:22.280 If you like this video, please give it a thumbs up, subscribe to the channel,
00:07:26.480 ring the bell for notifications. I'll see you in the next one.