John Bolton - April 20, 2025


Pardon my language, but we are f#cked! Carney⧸Liberal disaster plan


Episode Stats


Length

10 minutes

Words per minute

178.9335

Word count

1,812

Sentence count

178

Harmful content

Misogyny

2

sentences flagged

Hate speech

2

sentences flagged


Summary

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

Mark Carney has a plan that will add $225 billion to our debt over the next four years. It's a Jedi mind trick to get us to believe he's going to spend less, invest less, and invest more.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 Hi, it's John and welcome to the channel Sunday, April the 20th, 5.04 a.m. with the big blue mug of coffee.
00:00:06.560 Happy Easter Sunday to you. Hope you're having a great weekend wherever you may be.
00:00:11.860 And I waited until this morning to do this video because I wanted to see what else was released regarding this story.
00:00:18.160 And I'm going to say it. I don't like to use these words. I'm going to beep it out in post.
00:00:23.340 But we are f***ed. Excuse me. And that's because of Mark Carney and his Canada Strong Plan, which he came out yesterday.
00:00:32.560 But that's not the real reason that we are f***ed. That comes near the end of the video.
00:00:37.340 And again, this is not going to be a long video. We're going to go through a 37-second video that Mark Carney put out yesterday.
00:00:44.180 That is like a Jedi mind trick for the weak-minded here in our country.
00:00:47.900 Stay to the end because it shows you everything that's wrong with the people who vote in this country.
00:00:54.760 Like I say very often, never underestimate the stupidity of the electorate.
00:00:59.220 Yesterday, Mark Carney came out with a plan that will blow the doors off our budget.
00:01:06.220 How much money is this man going to spend, which he calls an investment?
00:01:11.440 Let's hear it from Franco Teresano, who is the federal director of the Canadian Taxpayers Federation.
00:01:17.900 Now, let me just read you Carney's deficit numbers over the next four years.
00:01:22.860 2025, Carney's deficit, $62 billion.
00:01:27.660 2026, Carney's deficit, $60 billion.
00:01:31.920 2027, $55 billion.
00:01:35.680 And in 2028, $48 billion, folks.
00:01:39.780 That is absolutely gross.
00:01:42.520 Now, you add up those four years, Carney wants to add $225 billion to the debt.
00:01:50.840 The $225 billion, that's insane.
00:01:54.700 And you have to ask the question, are those numbers true?
00:01:58.780 Because you'll remember last year, the budget was supposed to come in, or the deficit was supposed to come in at $40 billion.
00:02:04.200 And it came in at what, 62?
00:02:07.060 That's why Chrystia Freeland stepped down. 1.00
00:02:08.800 She walked.
00:02:09.380 They were throwing her under the bus. 0.96
00:02:11.380 Oh, by the way, she's still in Carney's cabinet in a different position.
00:02:14.400 It's the same people.
00:02:15.640 But to Mark Carney, $225 billion is not spending any money.
00:02:20.120 That's the Jedi mind trick.
00:02:21.760 That's the accounting trick that he's playing on people who believe him.
00:02:25.980 Mr. Central Banker, Mr. Bank of England, Mr. Bank of Canada, he's not even spending that money.
00:02:30.900 Well, let's watch his video.
00:02:32.200 What's the first thing he says?
00:02:33.460 First words that come out of his mouth.
00:02:34.660 I have a simple rule.
00:02:35.940 Spend less, invest more.
00:02:37.460 Spend less, invest more.
00:02:38.660 I've mentioned this on the channel.
00:02:39.960 He's going to say this a lot more.
00:02:41.760 Over the next week or so, he's going to say this a lot more because he's released this 67-page document.
00:02:46.620 Spend more, spend more.
00:02:48.020 That's his plan.
00:02:49.800 Remember, the government only has what it takes from someone else.
00:02:52.960 The someone else is you.
00:02:54.260 If it taxes big business, which he's going to do with carbon taxes, it's going to get passed along to you and you're going to pay for that.
00:03:00.760 And there's something else that's coming that a lot of people don't know about, which we'll mention.
00:03:04.660 When we look at another clip, let's move on.
00:03:06.680 Let's say you buy a home.
00:03:07.480 The down payment and the mortgage cost a lot up front, but your home builds value over time.
00:03:12.420 That's an investment.
00:03:13.480 Now, first off, the elephant in the room here is the fact that people can't afford to buy a home.
00:03:18.160 Because of the liberal government, because of Mr. Economic Advisor to Justin Trudeau, allowing too many people in the country, not building enough homes.
00:03:27.380 Guy's got a person on his staff, by the way, who wants 100 million people in our country by the end of the century.
00:03:33.480 So he wants to flood the country with more people.
00:03:35.780 We'll get to his housing plan in just a moment.
00:03:37.740 But people can't afford to buy a house in this country because of the liberals.
00:03:43.120 Now, yeah, buying a home is an investment.
00:03:46.300 I put $70,000 on a home, down.
00:03:50.640 I have to take out a loan.
00:03:51.860 It's called a mortgage.
00:03:53.020 And you have to pay that back.
00:03:54.340 Carney never plans on paying back the money he's going to spend.
00:03:58.280 $225 billion.
00:03:59.460 And really, there's not a lot of economic benefit at the end for the country.
00:04:02.920 Let me ask you this.
00:04:03.680 We've doubled our debt over the last 10 years.
00:04:05.960 Has your life gotten more affordable?
00:04:08.480 No, it's gotten a lot worse with all that spending.
00:04:11.620 We're talking about government here.
00:04:14.280 Here's the other thing you've got to think about.
00:04:17.620 You have home equity.
00:04:20.160 You own a house.
00:04:21.220 It's probably the greatest investment you'll make in your life.
00:04:25.120 The liberals want to take some of that money as well.
00:04:27.220 Here's Chris Sims, Alberta Director, Canadian Taxpayer Federation.
00:04:31.400 But we found documents through Freedom of Information that showed that staffers within the federal liberal government,
00:04:38.960 the current one, met with pushers, promoters of a home equity tax, at least twice.
00:04:44.700 Now, you still have other bills like heat and electricity.
00:04:47.500 You need them.
00:04:48.560 But they don't make you better off in the long run.
00:04:50.780 Those are operational expenses.
00:04:53.080 I will balance our operational budget in three years.
00:04:55.880 We'll spend what we need to with the money we already have.
00:04:59.760 So, a couple of things there.
00:05:01.440 We'll spend what we need to with the money we already have.
00:05:04.200 We don't have $225 billion.
00:05:06.540 We don't have that.
00:05:07.820 He's got to get that money from somewhere.
00:05:10.020 He thinks the money that you have is his to spend.
00:05:13.160 This is what liberals and leftists think.
00:05:15.480 It's not your money.
00:05:16.360 It's theirs to spend. 0.95
00:05:17.340 We do not have $225 billion to spend.
00:05:20.900 He's going to get it from you.
00:05:22.220 He'll tax the bejesus out of industry, which will get passed along to you. 1.00
00:05:25.680 So, your life is going to get less affordable, not more affordable, is what you need.
00:05:30.560 Now, the other thing he talks about is operational expenses.
00:05:33.240 So, let's look at this.
00:05:34.800 This is from the Toronto Sun.
00:05:36.040 Poll finds Canadians skeptical of Carney's claim to balance budget in three years.
00:05:41.040 More than half of respondents doubt the Liberal leader can balance Canada's operating budget within three years.
00:05:46.360 Who are the people who think he can?
00:05:48.780 It plays easily when he says he's going to balance the operational budget.
00:05:52.700 He's not balancing the budget.
00:05:54.280 There's still that $225 billion that we've talked about here.
00:05:57.900 But the other thing is here.
00:05:59.020 Now, this is from the article, which isn't very long.
00:06:01.020 Carney says he'll balance the government's operating budget, which he says is running a $9 billion deficit in the fiscal year,
00:06:08.120 achieving a small surplus of $222 million in 2028-2029.
00:06:14.260 However, the capital budget, which Carney renames as investments, will run huge deficits over the next four years.
00:06:21.020 And that's the $225 billion that we've talked about.
00:06:25.340 The Carney Liberals say their platform is fully costed.
00:06:28.000 But that's what the Trudeau Liberals said in 2015 before blowing their deficits sky high.
00:06:32.800 You remember in 2015, I think Trudeau said modest deficits of $10 billion.
00:06:37.540 They never even got close.
00:06:38.860 And they doubled our debt over 10 years.
00:06:40.740 This is what you're going to get with this guy.
00:06:42.320 We do not have $225 billion, like he says.
00:06:46.240 Moving on to the next clip.
00:06:47.780 This is the final clip of this 37-second video that Carney put together.
00:06:51.800 Do you feel f***ed yet?
00:06:53.180 Because this is really bad.
00:06:54.500 The real f***ed up part is coming up in just about 60 seconds.
00:06:58.880 Okay, so stay tuned for that.
00:07:00.500 So let's look at this last clip.
00:07:02.500 And we'll do things that encourage the big investments that create jobs and grow our economy.
00:07:07.500 Like building millions of homes, making Canada a clean energy superpower,
00:07:12.540 and creating new trade routes so we're not dependent on the United States.
00:07:16.640 So first up, he's going to subsidize business with your dollars.
00:07:21.520 And let me just put it to you this way.
00:07:23.420 He wants to create modular homes.
00:07:25.820 His former company, Brookfield, heavily invested in modular homes.
00:07:30.680 Heavily invested in heat pumps, which he wants to put in these houses.
00:07:35.020 Brookfield was all about investing in clean energy.
00:07:37.820 So he's going to probably reward his friends with windmills and solar panels,
00:07:41.760 which cannot power a country like Canada.
00:07:44.360 Too big, too cold.
00:07:45.740 Can't be done.
00:07:46.740 We need baseload energy, oil and gas, which Alberta really needs,
00:07:51.380 which Alberta will separate if this guy gets in, because he's not going to invest in oil and gas,
00:07:56.740 because we can't put in pipelines because he won't repeal Bill C-69.
00:08:01.340 Do you plan to repeal Bill C-69?
00:08:03.780 We do not plan to repeal Bill C-69.
00:08:07.860 And finally, he says we're going to create new trade routes so we're not dependent on the United States of America.
00:08:13.540 Well, what does this mean?
00:08:14.500 Well, this is a big one.
00:08:16.940 There's a thing called the Border Carbon Adjustment, which Mark Carney is all for.
00:08:21.740 He's Mr. Net Zero.
00:08:23.220 Europe is implementing this.
00:08:24.800 So basically what happens if things come into your country that don't live up to Mark Carney and his Net Zero plans,
00:08:31.620 it will be taxed, driving up prices for you.
00:08:35.760 Donald Trump will not abide by this rule, the Border Carbon Adjustment.
00:08:41.160 So everything that comes from our biggest trading partner will have an additional cost,
00:08:45.800 but that won't happen with Europe because they're adopting this plan.
00:08:49.780 And he wants to hitch his wagon to Europe, who we do a very little amount of trade with.
00:08:55.620 So keep that in mind.
00:08:57.540 This plan is going to cost a lot more money.
00:08:59.760 Now, there is a short little section at the end where he talks about spend less, invest more.
00:09:06.320 That's all it says at the end.
00:09:07.460 And again, I took the music out because I didn't want to get this video demonetized.
00:09:11.820 But this is really fucked up, folks.
00:09:13.780 We do not have this money and we cannot afford this person.
00:09:17.820 He's trying to save us from Donald Trump in the United States.
00:09:20.980 We need to be saved from Mark Carney and the Liberal Party if they get in.
00:09:25.900 Now, here's the kicker.
00:09:28.360 The real f*** part.
00:09:30.200 Okay, I'm going to put it right at the end here.
00:09:32.740 And it's the people who are voting for this guy.
00:09:35.960 This is really sick.
00:09:38.540 Okay, really sick and demented.
00:09:40.900 Thanks for watching this video.
00:09:42.300 I do appreciate it.
00:09:44.220 If you liked it, please give me a thumbs up.
00:09:46.100 Subscribe to the channel.
00:09:47.440 Ring the bell for notifications.
00:09:49.200 And I'll see you in the next one.
00:09:51.580 Watch this.
00:09:52.340 Elbows up!
00:09:59.960 Elbows up!
00:10:00.860 Elbows up!
00:10:02.520 Elbows up!
00:10:04.120 Elbows up!
00:10:06.220 Elbows up!