John Bolton - Canada & New York City - The Necessary Road to Rock Bottom

00:00:00.000 Hi, it's John and welcome to the channel 510 a.m. Friday, October the 31st. Happy Halloween.

00:00:09.400 Hope you're having a great Halloween. Sorry, I'm not dressed up too early in the morning for that.

00:00:13.780 But I'm looking forward to Halloween tonight. My mother-in-law will be here for dinner. She's

00:00:17.420 handing out a little bracelet she makes for Halloween to the kids as we hand out candy as

00:00:21.840 well. I do like Halloween very much. And by the way, if you hear any noise in the background,

00:00:26.340 I'm doing laundry this morning. I apologize for that. I tip my big blue mug of coffee to you.

00:00:31.000 Thanks for being here today. So I woke up this morning and I put two things together. I don't

00:00:36.400 think anybody else has done as of yet. It's two different people with different tactics, but

00:00:45.640 both of the tactics are in a race to get to rock bottom. And when I woke up this morning,

00:00:52.840 I was thinking about November the 4th. And you know, if you live in Canada, November 4th

00:00:58.000 is a big day here in Canada because November 4th is the day that Mark Carney rolls out with

00:01:03.620 his big budget. And people are wondering whether this will trigger an election, a vote of non-confidence

00:01:09.280 in the government, and this will trigger an election. So this is coming up on November 4th,

00:01:15.000 but there's something else coming up on November 4th as well. That's going to be very interesting

00:01:19.040 to see what happens. You're going to be watching two things, two train wrecks happening at the same

00:01:26.200 time on November 4th. Amazing how these things work out. What's the other thing? Okay. So coming up

00:01:34.540 on November 4th, the board of elections in the city of New York, there is an election. This is the day

00:01:40.900 that New York is likely to elect Zoran Mamdani as their new mayor. And these things, although they

00:01:51.080 may seem very far apart, I'm going to connect together here in just a moment with a conclusion.

00:01:55.900 This is not a long video. Trust me. I'm going to keep this one short, but these things are happening

00:02:01.140 at the same time. You can't write this stuff. So over here, we got Mark Carney. Okay. So he's writing

00:02:07.020 the book on how to bring Canada down to its knees. And then you got this guy right here. This is Zoran

00:02:13.220 Mamdani, both dressed up in their nice suits, looking oh so respectable, but they're leading

00:02:18.560 their respective places to the same place. I'll get to that in just a moment. So who is Zoran

00:02:24.040 Mamdani? You know who Mark Carney is. He's an eco-zealot net zero kook. This guy is an Islamist 1.00

00:02:30.380 communist. And I'm not making this up. He is an Islamist communist. And what does Zoran 0.90

00:02:36.780 Mamdani believe in? Well, they're different things than what Mark Carney believes in, but in a way

00:02:42.860 they are connected. So let's find out a little bit about Zoran Mamdani. Here he is on NBC.

00:02:48.540 Here's how the Washington Post editorial board wrote about your proposals. They say a massive minimum wage

00:02:55.640 would depress low skilled employment. His rent freeze would reduce the housing supply and decrease

00:03:01.660 its quality. Cutting bus fares would leave a transit funding hole that unless somehow filled

00:03:07.320 would erode service. Meanwhile, the grocery business operates on thin margins and his plan

00:03:12.640 for city run stores would probably lead to fewer options, poor service and shortages. Mr. Mamdani,

00:03:20.260 are your proposals going to hurt the very people you're trying to help?

00:03:23.240 Not at all. There have been many in editorial board who have had concerns. And what we've shown is

00:03:27.720 that more than 400,000 New Yorkers are excited about this vision. And the reason they're excited

00:03:32.160 about it is it is one that is in line with the scale of the crisis in this city. I mean,

00:03:36.520 we are talking about our tax base growing smaller and smaller each day with New Yorkers leaving to

00:03:41.660 New Jersey, to Pennsylvania, to Connecticut. If we do not meet this moment, we will lose this city.

00:03:46.740 So let's run through those things again. Now this is Zoran Mamdani, likely to be the next

00:03:51.980 New York mayor. And I'm going to come to a conclusion, a really interesting conclusion

00:03:56.060 in just a moment. So what does he want? He wants a rent freeze, free buses. He says they're going to

00:04:00.480 run on time as well. City owned grocery stores, universal healthcare is another one, $30 minimum

00:04:05.960 wage and higher taxes. Now his tactics are different from Mark Carney, the things that he's promising,

00:04:12.540 but the strategy is all the same. He promises a lot of free stuff and then he blames somebody for the

00:04:18.020 problem. And who does he blame for the problem? Well, it's the old socialist thing.

00:04:22.640 They always run to the same thing. They blame the billionaires because socialists run on the

00:04:27.400 politics of envy. The reason why you're not doing as well is because somebody is making a lot of

00:04:32.520 money. So they blame billionaires and Mamdani doesn't think billionaires deserve to exist. He said

00:04:37.320 that. I mean, Bernie Sanders was against billionaires at one time. He used to say,

00:04:42.940 it's the millionaires and the billionaires that are causing you the problem until he became a

00:04:47.600 millionaire. And that wasn't a problem anymore. The Democrats paid him off so that Hillary Clinton

00:04:52.700 could run for president, right? That's how it works. These people get rich. Mamdani will make a lot of

00:04:57.960 money off this while making the people who live in New York city poor because you can't give people

00:05:02.720 free stuff. Somebody has to pay for it. And all those billionaires, they'll just move away. But,

00:05:07.100 but what is he doing? He's blaming the billionaires. What does Mark Carney do? Well,

00:05:11.000 is it all the same stuff? No, but he's says he's going to have more spend. He's going to have more

00:05:16.140 investing, but it's actually spending. And there's going to be a lot of it in this upcoming

00:05:20.800 budget on November the 4th. He's giving you more government, a lot more government, major projects

00:05:26.700 office, government housing office, military spending office, which is called the defense

00:05:31.260 investment agency, a national school food program. And there's going to be more of this.

00:05:35.860 He's going to cut a few jobs from the public service, but he's creating more government in the

00:05:40.180 background. So you're going to get more of that. He's keeping our resources in the ground. Bill C69,

00:05:44.520 C48. He's got the industrial carbon tax, a clean fuel regulation. He believes in net zero. You're

00:05:49.420 going to get green energy to death, I believe on November 4th. And he's going to promise some free

00:05:56.100 stuff as well, because there are people out there who are hurting right now. And people like this woman 0.99

00:06:01.780 right here, God love her. I don't blame her. Every day is so stressful. Canadians struggling with

00:06:06.260 affordability, hoping for some help in the upcoming budget. This woman's finding it hard to live in 1.00

00:06:10.920 Toronto right now. So he's going to throw these people some bones and, and they're likely going

00:06:15.560 to bite on it because he can, he can bribe people with their own money. And it's the same thing that

00:06:20.140 mom, mom Donnie is doing rent freeze, free buses, all this stuff. It's the same type of tactic,

00:06:26.720 although they're different things, but who does Mark Carney blame for everything? With mom Donnie,

00:06:31.960 it's the billionaires with Mark Carney, it's going to be Donald Trump. But what's happening with both

00:06:37.840 of these things? What is, what has to happen in New York city and Canada for things to actually get

00:06:44.140 better? You have to hit rock bottom and New York city's on its way to the bottom and Canada's

00:06:51.000 following right behind. Now, the question is here in Canada, are you going to do that with a minority 0.98

00:06:56.160 liberal government? If the NDP support this budget on November 4th, are you going to do it with a

00:07:01.120 majority liberal government? And it takes five years for everybody finally to get to rock bottom

00:07:06.060 and have to live with it for a while. I think you can hit rock bottom in Canada with a minority 1.00

00:07:10.020 government. So hopefully that happens because folks, Pierre Polyev is out there right now

00:07:14.760 and he is out campaigning again. I mean, this is just from yesterday. This is a campaign stump speech

00:07:22.380 right here. I want to thank all of you for being here. All these young people, we know that you all must

00:07:27.880 be young because you're here listening to a speech about economics from a middle-aged or an aging

00:07:34.960 politician rather than rather than spending your evening trying to get approved for a $900,000

00:07:42.100 mortgage on a 400 square foot apartment. Maybe you're here today for the free snacks. Do we have

00:07:49.680 some free snacks? Yeah. I don't blame you. I mean, we're in a time when a good meal is considered

00:07:57.700 to be a juice box and a granola bar after liberals doubled the cost of food and doubled the, in fact,

00:08:05.720 what they did is they doubled the debt, the debt that you're going to have to inherit as the youth.

00:08:12.160 Polyev is in full campaign mode here. You know, I think I got an email. It was either yesterday or the

00:08:17.820 day before yesterday, the conservative sent me an email asking for money. They're always asking for

00:08:22.060 money, but in this email, they said they think an election is coming. Polyev is here standing in

00:08:26.140 front of young people because he knows the liberals need young people. Young people are suffering in

00:08:31.200 this country. If the liberals throw young people a bone in this budget, I don't know, a break on their

00:08:38.000 repaying of college or university loans or something like that, you have to know that the liberals think

00:08:44.260 an election is coming up and Polyev better watch out. He better watch out what he wishes for because

00:08:49.880 if he gets it, he could be terribly disappointed before Christmas. If he loses the next election,

00:08:54.720 he's gone by the end of January when his leadership review comes up. And I think this stump speech is

00:09:00.320 sounding a little bit stale. I'll put a link in the description. You can watch the whole thing. He

00:09:05.320 needs to change his tactics just a little bit, but we haven't hit rock bottom yet. And we just need a

00:09:10.720 little bit more time in this country. And that's what pure Polyev needs as well. Even if we have 0.81

00:09:16.100 to deal with the liberals for a little bit more. Polyev better be hoping those seven NDP MPs vote

00:09:22.220 in favor of this budget or there will be an election before Christmas and he'll be gone before the end

00:09:27.400 of January. So just like Zoran Mondami in New York City, they have to hit rock bottom before they can

00:09:33.160 turn things around. So goes Canada as well. Tell me what you think in the comments. If you like the video,

00:09:38.380 give it a thumbs up, subscribe to the channel, ring the bell for notifications. Kids, be careful out

00:09:43.380 tonight when you're trick-or-treating. All right, make sure you got a good trick if somebody doesn't

00:09:48.000 give you any candy. All right, don't eat too much candy. I'll see you in the next one.

John Bolton - October 31, 2025

Canada & New York City - The Necessary Road to Rock Bottom

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