John Bolton - January 19, 2025


Mark Carney Is Already Ruining Your Life

Topics
ESG environmental and social governance climate change activism Mark Carney candidacy
Hosted by
John Bolton
Mentioned
Mark Carney Justin Trudeau H.L. Mencken Michael Bloomberg Chrystia Freeland Danielle Smith Donald Trump R. Edward Freeman Social Governance Pierre Poilievre Klaus Schwab Larry Fink John
Danielle Smith Will Make A Deal For Canada With Trump (prediction) Chrystia Freeland for PM - This is A Joke, Right？

Episode Stats


Length

10 minutes

Words per minute

180.37

Word count

1,880

Sentence count

125

Harmful content

Hate speech

2

sentences flagged


Summary

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

Mark Carney was the Governor of the Bank of Canada from 2008 to 2013, and from 2013 to 2016, he was the Bank's Governor. He is a climate activist, a climate zealot, and a climate cultist, and he could be the next Prime Minister of Canada.

Transcript

Transcript generated with Whisper (turbo).
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 Hi, it's John and welcome to the channel 624 a.m. on Sunday, January 19th with the big blue mug of
00:00:06.240 coffee as usual. I hope you're having a great day today and I certainly am. Now, I have a saying,
00:00:13.720 climate change is about people who live large telling the rest of us how to live small and I
00:00:19.540 believe that is exactly who Mark Carney is, the possible next Prime Minister of Canada. I think
00:00:27.080 this man is a horror show. I am frightened by him becoming the Prime Minister and I think he,
00:00:33.440 along with Chrystia Freeland, are going to try to gaslight you when it comes to the carbon tax in
00:00:37.840 this country. There's already talk that they're both going to say we need to get rid of the personal
00:00:42.280 carbon tax so that you don't see it when you fill up your car with gas. They're just going to shift
00:00:46.960 that burden onto business, which you're smart enough to understand when they do that, the
00:00:51.780 businesses just pass it along to you and you're going to pay it anyway. There's no way the government's
00:00:56.140 going to back off on this and Mark Carney's not going to because that's exactly who he is. I mean,
00:01:01.720 do you really think Carney checks the price of gas when he fills his vehicle on the off time he's not
00:01:06.640 being chauffeured around in a limousine? Of course not. It doesn't matter the price of gas to him,
00:01:10.800 but it certainly matters a lot to you. And what do we know about Mark Carney when it comes to the
00:01:16.200 carbon tax? Well, here he is on record. Now, so far, carbon prices have been applied sparingly.
00:01:21.960 They've been set far too low. So, Mark Carney is all about raising the carbon tax on you. He's going
00:01:27.040 to say he isn't going to do it. And again, he's going to try to shift that over to business, which
00:01:31.600 will affect you anyway. This man has had a huge effect on your life, detrimental effect on your
00:01:37.900 life already. And we're going to go through an article from American Greatness in just a moment.
00:01:42.120 But he's a dangerous zealot when it comes to climate cultism. And he's one of the leaders of the
00:01:47.520 climate cult on a worldwide basis. He could be the next Prime Minister of Canada. So, from American
00:01:53.020 Greatness, link in the description, please give them some clicks. Mark Carney, great title,
00:01:57.860 the wrongest man at the wrongest time ever. Mark Carney's bid for Canadian leadership pits a climate
00:02:04.480 activist banker against a political and economic tide, increasingly rejecting the very ideals he
00:02:10.580 champions. And that's true. Many countries, thankfully, are starting to back off on net zero because
00:02:15.440 it's destroying their economies. Canada is getting very close to doing that. Our economy is in the
00:02:20.600 tanks because of this. Just think of how much better we would be doing in this country if we
00:02:25.500 could harness our natural resources and sell it worldwide. But Trudeau and the liberals and people
00:02:32.040 like Christia Freeland have been stopping Alberta, where I live, from doing that. We could be very,
00:02:37.480 very rich. We're one of the richest oil countries in the world. One of the richest when it comes to all
00:02:42.240 natural resources. So, moving along in the article, the politicization of business and capital
00:02:47.560 markets has many fathers. BlackRock CEO Larry Fink is one of the most prominent and unrelenting
00:02:52.920 advocates for sustainability in investing, often described as such. Klaus Schwab, the now retired
00:02:58.920 chairman and founder of the World Economic Forum, often wears that title. So does the billionaire
00:03:03.420 political gadfly Michael Bloomberg. Michael Bloomberg, by the way, just endorsed Mark Carney. We'll get to
00:03:10.220 him in just a moment because they're very connected. So does R. Edward Freeman, the business professor
00:03:15.400 and originator of stakeholder theory, and so do countless others. Of all those responsible
00:03:21.240 for this abusive business and capital markets, perhaps no man is more singularly responsible,
00:03:27.180 yet nearly totally overlooked by ESG's critics, ESG Environmental and Social Governance, which affects
00:03:32.780 everything. Every big company in this country has an ESG page. Check it out.
00:03:37.660 Then Mark Carney. Carney is a banking and economic giant. He was the governor of the Bank of Canada
00:03:43.920 from 2008 to 2013 and the governor of the Bank of England from 2013 to 2020. It was in this latter
00:03:51.640 capacity that in September 2016, Carney gave one of the most important and influential speeches in the
00:03:58.080 history of central banking. Appearing at an event in Berlin, Carney gave a very carefully and very
00:04:03.220 confrontational worded address in which he addressed climate change and framed its mitigation in fiscal
00:04:09.400 and fiduciary terms. Quote, a wholesale reassessment of prospects as climate-related risks are re-evaluated.
00:04:17.060 Unquote. Carney intoned. Quote again, could destabilized markets spark a pro-cyclical crystallization
00:04:23.360 of losses and lead to a persistent tightening of financial conditions, a climate Minsky moment. Now,
00:04:29.740 the article goes on to describe what a Minsky moment is in great detail, but as it says in this paragraph,
00:04:35.240 or to put it more simply, Carney, the governor of the Bank of England was warning global investors and
00:04:40.320 politicians that they either had to force business in general to become environmentally sustainable
00:04:45.500 immediately or could face commercial and economic Armageddon. You know, there's a saying,
00:04:50.120 the urge to save humanity is almost always a false front for the urge to rule. H.L. Mencken said that.
00:04:56.560 And that's what Mark Carney is. There's another great quote for you. They want to scare the crap out
00:05:00.960 of people to affect their lives and to socially engineer people. And that's what Mark Carney's about.
00:05:06.560 And he's been socially engineering businesses in a big way. And again, affecting the way you live your life.
00:05:13.860 And you may not even know it. And again, he wants to become the prime minister of the country.
00:05:18.080 Up next, it is nigh on impossible to describe just how destructive Carney's speech and subsequent
00:05:24.280 activism were. Not only did he make the case that climate change posed a real and imminent threat
00:05:30.160 to global economic well-being, but he also provided ESG practitioners and advocates with the means to
00:05:36.340 try to legitimize their social and political meddling. In 2020, after leaving the Bank of England,
00:05:43.860 Carney became the United Nations envoy for climate action finance, which means that he ran around the
00:05:49.660 world saying things like, quote, when you look at climate change from a human mortality perspective,
00:05:55.100 it will be the equivalent of a coronavirus crisis every year from the middle of this century and
00:06:00.780 every year, not just a one-off event. Now, he advised in this article, it's just above here,
00:06:06.600 both England and Canada when it came to COVID policy. So,
00:06:09.740 if that really pissed you off, Mark Carney had his hand in that as well. Again, very influential
00:06:14.120 on a worldwide basis. Moving on. Carney went on to become one of the usual suspects in Western
00:06:19.520 political activism, using any and every crisis to advance his ideological projects. So, he's enriching
00:06:27.600 himself, he's making you poorer, and he's affecting all the businesses in the world. And if you look at
00:06:33.780 this, every crisis is climate change now. Look at the wildfires are happening in LA right now. It's
00:06:40.840 mismanagement by government. Carney's a big government guy. He talks about that as well.
00:06:45.220 He wants more government. He thinks government needs more layers so they can have more control over
00:06:50.180 your life. But they want to use every crisis possible to advance. And they're doing that through
00:06:54.600 the climate change cult, right? By scaring you when it comes to climate change. Moving on now.
00:06:59.780 In 2022, Carney, along with his friend Michael Bloomberg, helped create GFANZ, which is GFANS,
00:07:07.940 the Glasgow Financial Alliance for Net Zero, an outgrowth of the UN's COP26 meeting on climate change,
00:07:14.820 and one of the most powerful advocacy organizations pressing governments and businesses to abandon
00:07:19.920 fossil fuels. So, not only does he want more carbon taxing on you and to pass it along to businesses,
00:07:25.920 try to take it off your back when you fill up your car, he wants to get rid of the fossil fuel industry.
00:07:31.740 That's why my Premier Daniel Smith is standing up to Trudeau. Carney has been Trudeau's right-hand man
00:07:40.460 for a long time, telling him how to run the country, I think, from behind the scenes. And I think Daniel
00:07:45.720 Smith understands that as well. The next year, Bloomberg appointed Carney's Chairman of the Board of
00:07:50.540 Directors of Bloomberg LP. In 2024, Canadian Prime Minister Justin Trudeau formalized Carney's
00:07:56.460 advisory role with his government, naming him a Special Advisor and Chairman of the Task Force on
00:08:02.240 Economic Growth, something of which Canada has had very little for several years. So, we have not had
00:08:07.500 a lot of economic growth, which is true. Try as I might, I cannot think of anyone, save Justin Trudeau
00:08:13.360 himself, whose politics and policies are less compatible with the zeitgeist in the West at the
00:08:19.360 moment than Mark Carney. Throughout Western Europe, people are fed up with leaders who favor open borders,
00:08:25.660 social justice politics, and the economics of decline as dictated by net zero energy policies.
00:08:32.100 Carney practically embodies all of the above. He is, in so many ways, the wrong man in the wrong place
00:08:38.620 at the wrong time. And yet, now, this article is very interesting. One of two things will happen in
00:08:45.260 eight weeks when the Liberal Party chooses its leader. Either Carney's candidacy will fall flat,
00:08:51.560 proving that he is too out of touch even for leftist Canadians, or it will succeed, proving that 0.55
00:08:57.020 leftist Canadians desperately want to corroborate Mencken's supposition that, quote, democracy is the
00:09:03.440 theory that the common people know what they want and deserve to get it good and hard, unquote. Another
00:09:09.580 Mencken quote. I love H.L. Mencken. If it's the former, then perhaps Canada can resuscitate its near
00:09:16.240 depression level economy and become a global energy leader again. If the latter, then, well, maybe 0.92
00:09:22.680 President Trump has the right idea. And if you see at the bottom, the right idea is underlined. That is a link
00:09:28.480 to this story right here where Donald Trump is talking about Canada becoming the 51st state. I think
00:09:34.900 I think we're in a frightening position right now. And I think Mark Carney is a lot more frightening than
00:09:40.460 people realize. And again, he's had a huge effect on your life already. There's no way this guy can become
00:09:46.900 the next Prime Minister of Canada. But I fear that he will. I don't think Christia Freeland or anybody else in
00:09:54.380 this race is going to be successful in fighting against Pierre Polyev simply because they are
00:10:00.880 liberal insiders and they have their hands deep into the mess that Canada is right now. But Mark
00:10:06.640 Carney does as well. You need to understand that. And again, not just Canada, but he's had a huge effect
00:10:13.300 on your life, detrimental effect, all around the world. Thanks for watching. I do appreciate it. If you
00:10:19.300 like the video, please give me a thumbs up. Subscribe to the channel as well. See you on the next one.
00:10:24.380 Bye.