Mark Carney Is An Idiot - CBC interview analysis - OMG!
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Summary
Bank of England's Mark Carney is an idiot and a dangerous idiot. I watched an interview he did with Rosemary Barton which goes on for 15 minutes and I cut out some segments of this interview. I'm not going to go through the whole thing, but I think he's an idiot.
Transcript
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Hi, it's John, and welcome to the channel, 644 AM on Monday, February the 17th, with the big blue mug of coffee.
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And right off the top, I think Mark Carney is an idiot.
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I watched an interview he did with Rosemary Barton, which goes on for 15 minutes.
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And I've cut out some segments of this interview.
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I'm not going to go through the whole thing, but I think he's an idiot.
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And you're going to say to me, but John, he's a smart man.
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And great schooling, head of the Bank of Canada, head of the Bank of England.
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Yeah, I agree with you, but I don't think he's all that smart.
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He's certainly not smart when it comes to street smarts.
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But what do you get if you take Mark Carney and you boil him down?
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What do you get when you get to the bottom of the pot?
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Because people who are into net zero think people like us, you know, the peons at the
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bottom of society, we create too many carbon emissions and we need to be eliminated.
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Don't think of all of the schooling and whatnot.
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He never tells you what he's actually thinking.
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And he's not going to do that until he actually gets real power.
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And he's elected and the liberals get back into power, which a lot of people think is
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Whenever somebody says, let me be clear, or let me be clear about that, they're basically
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And that's what people say when they're lying to you or they're not telling you the complete
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Now, I give her a bit of latitude here because she isn't able to follow up, which I had all
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kinds of questions I wanted to follow up with this guy to dig into him.
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He's never going to give a long-form interview because it would be dangerous for him because
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And this is what he says about negotiating tariffs.
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But I still think that it would be helpful for Canadians to know exactly what you would
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So why are you being so reticent to talk about that?
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I have negotiated a number of situations in the past.
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I know what you do in the order you can control things.
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It is not a good idea to insert yourself in the middle of a negotiation, give conflicting
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Canada will stand up to a bully, says PM contender Carney, over Trump tariffs.
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In response to the tariff announcement, Carney told Newsnight that President Trump probably
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thinks Canada will cave in, but we're going to stand up to a bully.
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And people seem to forget he says these things.
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But he's on board and he's done the same thing every other candidate running for the
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And he does this all the way through this interview.
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In this next clip, a real fast one, he talks about negotiating with Donald Trump.
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If I am selected as leader and therefore prime minister, my interlocutor, the person I would
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He doesn't say, when I'm chosen as a liberal leader, I win a seat and my party wins the
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He says he's going to negotiate with Donald Trump when he's chosen as an unelected person
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Why would Donald Trump talk to Mark Carney, who has no mandate whatsoever?
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Donald Trump could be the person who determines when our next election is.
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Because he says, I want to talk to the next prime minister of the country who has a four
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In this next clip, a little bit longer, he's asked about his new carbon tax scheme.
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And he's asked about big polluters having to pay through a carbon market.
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How would you ensure, though, that those costs aren't passed on to consumers?
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In terms of removing the consumer carbon tax, that also means we're removing the carbon
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tax for small, medium-sized enterprises, for farms and others.
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Basically, everyone up to 50 kilotons of emissions.
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Now, those large polluters today, what they try to do is reduce their own emissions.
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If they don't get to certain levels, depending on the sector, they pay the producer carbon
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Now, they have an option to buy carbon credits, which reduces the tax they pay.
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So basically, what he's talking about here is I'm a steel company, and the government
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tells me how much carbon emissions, carbon dioxide, I can emit.
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If I go over that, I have to pay credits, and that goes to the government.
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Okay, I'm going to talk more about that in a moment.
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That carbon credit market doesn't function very well.
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So what we're actually doing here is improving the market, improving how it functions, adding
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additional credits, so additional options for those large polluters.
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And what's going to be new is a series of new incentives for households to reduce those
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I did a video not long ago called Bullshit Baffles Brains, and that's what this is.
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I don't even think he understands what he's talking about here.
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I think he does, but he can't explain it very well.
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So what they're going to do with the money the government takes is they're going to give
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you some crumbs at the end so you can put new insulation or windows in your house.
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You know, spend $20,000 to re-insulate your house, and they'll give you a few bucks.
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I mean, these businesses are going to pass this tax along to you.
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And here's the other thing that's not being discussed.
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How big is this bureaucracy going to be when they have to set up this whole scheme with
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They're going to have tens of thousands of people to do this, and it's going to cost
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Now, so far, carbon prices have been applied sparingly.
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He thinks the carbon tax is too low, and he believes the carbon tax that you've been paying
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all along for years, which he's been in favor of, was the best way to eliminate carbon emissions.
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But now, because it's not convenient to say that, he's telling you he's coming up with
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this convoluted, mamby-pamby idea that he says isn't going to get passed along to you,
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So up next, Rosemary asks him about passing his new carbon tax scheme along to consumers,
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Boy, I was sitting here thinking, there's a clip I would love to play right now, and I'm
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It would absolutely destroy his whole campaign, make him look like a fool.
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And let's take the example of the steel industry.
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To the extent to which that's paid, yes, that does show up in the cost, for example, of an
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If you look at a $25,000 or less car, the cost, if you've replaced all the steel and it
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became green steel, so no carbon steel, which is an extreme version of what we're talking
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about here, it's less than $200 additional price.
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Less than $200 additional price if you use green steel.
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And you can't believe, you got to believe me here.
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And God, it's from the World Economic Forum, folks, who he was the special guy for climate
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But producing green steel is an expensive process.
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And the industry needs to scale up rapidly to hit net zero targets.
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Well, this is what you do when you replace all of the current steel manufacturing, which
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we use fossil fuels to use, we make steel using only electricity, which most of us know most
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of our electricity is created through fossil fuels.
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So, Mr. Carney says, only $200 extra on your car if you use green steel, but most of the
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And what's it going to cost the steel industry to switch over to green steel?
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Are they all going to just change over to that magically?
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Because he thinks he can subsidize these businesses to go to green because he's a net zero guy.
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And Rosemary Barton missed a great opportunity.
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But what did Mark Carney recently say about steel?
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No, because what the big companies are producing, by and large, are not products that we are
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But by and large, you know, a steel company, how much steel are you using these days, Todd?
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Can you imagine what he would have said if she was able to play that clip for him?
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He's asked more about his carbon emissions plan, and this is what he has to say about
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dealing with the Europeans and, I guess at the same time, the United States.
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The people with whom we are more likely to trade with, now that our closest trading partner
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is attacking us, cares about carbon emission reductions.
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You look at the European Union, you look at the major...
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The people we're more likely to trade with is the European Union.
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Most of the dealings we do are with the United States, and I believe that's going to be the
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But I think it's 70 to 80 percent of the trade that we do is with the United States of America,
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and we need to be less reliant on that for sure.
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But are the Europeans going to be the ones that we're going to do most of our dealing with?
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Do you really think Donald Trump's going to accept a carbon tariff when he ships things
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The biggest economy in the world is saying no to this net-zero climate cult nonsense, and
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Donald Trump is not going to accept any carbon tariffs from the Europeans either.
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Do you think Donald Trump wakes up in the morning worrying about Canada?
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People in Canada are, wrapping themselves in the Canadian flag.
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Yesterday, Snow Mexicans was trending on Twitter.
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Do you really think we're going to be doing more business with the Europeans than with the
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So, as you know, Canada has doubled its debt since Trudeau got in.
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Last year's deficit was $62 billion, $20 billion more than they had projected.
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Where we are willing to borrow is to invest and grow this economy.
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It is a fundamental difference between the approach the government has taken up until
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Fundamental difference between the approach of Pierre Polyev, which is a trickle-down,
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You'll justify it because it's investing in the economy.
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Investing in the economy at a time when we absolutely have to build as a country.
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I've made very clear, I think Donald Trump has been the best thing that's happened to
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Canada in a long time by saying he's going to put tariffs on us because all of a sudden
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we're thinking we have to get our natural resources out of the ground, sell our oil, because we're
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Energy East, to use that term, has not progressed that much.
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The companies that wanted to put in Energy East, they've gone.
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We've lost tens of billions of dollars in investment because of the Liberals, because
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And he's part of the people who don't like pipelines because he's a climate cultist.
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He's the head climate cultist for the World Economic Forum.
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Would your government be a proponent of that pipeline if it were to start again, given that
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One is that what my government would do is, and we've signaled this very clearly, we would
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use extraordinary powers of the federal government in order to accelerate the approvals for such
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pipelines, to accelerate the approval for clean energy.
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We have extraordinary powers on an impact assessment as well as others, and we can delegate
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We can delegate authority, and he says use extraordinary powers.
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The only other time I've heard him use those words, people thought he was talking about the
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The other thing I didn't put into this clip because it would have been too long, he talks
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about the government has to work with the provinces and aboriginal groups across the
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But then at the end, he says they have extraordinary powers to make these things happen.
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She should have asked him, do you believe Canada needs to phase out its oil and gas industry?
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He's not going to say that because he needs Alberta to be on his side, and I'm not.
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Special climate envoy to the World Economic Forum.
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As a voter, I often wonder how politicians get rich.
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Well, I tend to think that they have inside information that makes them rich.
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How much money has he made working with the government?
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How much inside information has he got being a special advisor to the Prime Minister?
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Shouldn't he have to disclose his dealings prior to being voted in as the Prime Minister
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You are not yet subject to ethics requirements.
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And he's going to say something that I've mentioned a couple of times in this video already.
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Would you put anything out there for Canadians to better understand your business dealings
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and your financial picture before you're elected?
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Obviously, I'm going to comply with all the ethics guidelines, conflicts of interest guidelines,
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But during an election, before you have a seat, would you be willing to show Canadians
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what they're dealing with and what you've been dealing with?
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He doesn't even know what he's done because he's flustered.
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Chair of Brookfield on a number of philanthropic boards and did a lot of charity and other work.
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I will immediately subject myself, if I am elected,
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Of course, I'm going to immediately subject myself to all the ethics guidelines, conflicts
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In this next clip, he's asked if he's the guy that can solve Canada's problems.
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Why should Canadians believe that you're up to this job?
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Canadians will, first off, my first job is to be elected leader of the Liberal Party.
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So members of the Liberal Party, which have more than quadrupled over the course of the
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last month, and I've played a role in helping to cause that change, will decide who they
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want as their leader and they'll be elected by or not by those individuals.
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Then Canadians, in short order, will get a decision whether or not which government they
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We will put forward a very clear plan for this country at a moment of crisis, not just
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to grow the economy, crucial, and we can do that.
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Like, forget everything that's happened over the last 10 years.
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Everything's gotten worse because of the Liberal Party.
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And yeah, I think there's like 200,000 people who are members of the Liberal Party.
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I get to vote for the next leader of the Liberal Party of Canada.
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And for those of you who think, I'm a Liberal, I'm not.
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Barton asks him why he isn't just like the last guy, meaning Trudeau.
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Why should Canadians believe you'll do anything differently, though, than Justin Trudeau?
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So what is going to be markedly different here?
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First, you started by, a few moments ago, mentioning that I had 20 different responsibilities.
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How much time do you think I spent advising the government, quote-unquote?
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You know, if you shake this guy's hand, make sure you get all your fingers back.
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That's what I think when I think of Mark Carney.
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He watched Polyev's speech, his rally in Ottawa.
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Polyev didn't mention things, so he isn't going to do his job as a Prime Minister because
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Polyev would have had to talk for two hours to get everything in.
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And he bashes him on his carbon plan and whatnot.
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And I don't think he should be the next Prime Minister of this country, whether he's voted
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And I think we have to punish the Liberal Party of Canada.
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And they're trying to make us forget everything that we've seen over the last 10 years.
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