Rebel News Podcast - EZRA LEVANT ｜ Tiff Macklem, Trudeau’s man at the Bank of Canada, raises interest rates by 1%, and tells Canadians to lower their expectations

00:00:00.000 Hello, my rebels. Today, I'm going to talk about something that's a little bit less sexy

00:00:03.640 than Justin Trudeau running off to another photo op around the world somewhere. It's boring stuff,

00:00:10.520 numbers stuff, stuff that Trudeau says he doesn't bother his pretty little mind about. I'm talking

00:00:14.140 about the interest rate hike of one full percent, what that's going to do to families just making

00:00:19.280 their rent right now, just making their mortgage right now. How do you make your mortgage plus pay

00:00:24.360 for groceries when they've each gone up by hundreds of dollars a month? I think we're in

00:00:30.940 for tough times. We'll take you through it a bit. Before I do, let me invite you to become a

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00:01:17.560 I would prefer if you watched it, because we put our heart into it. And I hope you like it. Here's

00:01:23.000 today's show.

00:01:38.620 Tonight, Tiff Macklem, Trudeau's man at the Bank of Canada, raises interest rates by 1% and tells

00:01:45.940 Canadians to lower their expectations. It's July 15th. This is The Ezra LeVant Show.

00:01:54.380 Shame on you, you censorious bug.

00:02:06.080 You'll own nothing and you'll be happy. That's what Trudeau's World Economic Forum says. And 0.61

00:02:11.360 Trudeau is a World Economic Forum man. He loves going over there to feel important.

00:02:18.420 He does that by hanging out with famous globalist celebrities and infamous globalist celebrities,

00:02:26.100 too. That's him here with George Soros and Chrystia Freeland, whose job before becoming an MP

00:02:31.420 was as Soros's official biographer. I don't think most Canadians know that. Freeland is the only

00:02:38.280 cabinet minister in the world that I'm aware of who's on the board of the World Economic Forum.

00:02:44.160 There are other politicians who are obedient to Klaus Schwab, but none of them are so brazen as to

00:02:49.840 advertise that fact in public and be on the board. And Klaus Schwab brags about it, too.

00:02:56.240 What we are very proud of now is the young generation, like Prime Minister Trudeau,

00:03:03.160 President of Argentina and so on, that we penetrate the cabinets. So yesterday I was at a reception

00:03:13.080 for Prime Minister Trudeau. And I know that half of this cabinet, or even more half of this

00:03:24.560 government, are for our actually young global leaders of the world.

00:03:30.440 So are you surprised that the man Trudeau and Freeland trust to make decisions about inflation

00:03:36.160 and interest rates is named Tiff Macklem? Who's he? Exactly. No one elected him. He's like Theresa Tam.

00:03:46.000 You didn't vote for her and you can't vote her out. Same thing with Tiff Macklem. He's the head of the

00:03:50.180 Bank of Canada. You can see his signature, including his ridiculous nickname, on your dollar bills. 0.90

00:03:56.060 I guess they don't have dollar bills anymore, but on your other bank notes, what is the job of the

00:04:01.320 Bank of Canada government? Well, they can control interest rates by determining how much they charge

00:04:07.140 the other banks in Canada to borrow money from the Bank of Canada. So the banks, Royal Bank, Scotiabank,

00:04:13.840 then they in turn adjust everything from the interest they pay you on your savings account

00:04:20.540 to the mortgage rates they charge you on your house. There really isn't a more important lever

00:04:26.480 on the economy than the interest rate. Low interest rates let people borrow money easily

00:04:33.660 to pay their bills, to start businesses, to buy homes, lease cars. High interest rates do the opposite,

00:04:40.820 obviously. They crush everyone's dreams just a little bit by making all of those things harder

00:04:45.800 to do. Harder to pay bills, harder to start a business, harder to run one, harder to pay a

00:04:51.160 mortgage, harder to lease a car. The reason why Tiff would do that is because, well, he says the

00:04:57.480 economy is too wild. There's too much inflation. The price of everything is too high. But that happened

00:05:04.040 because of Tiff Macklem, besides setting interest rates. The other thing the Bank of Canada

00:05:09.740 governor can do is print money. He just can do it. And Tiff Macklem has done that more than any other

00:05:17.040 Bank of Canada governor in history because Trudeau wanted him to. What I mean by that is Trudeau has

00:05:24.200 spent about $900 billion over the past two years, and the pandemic was just his excuse.

00:05:32.240 But to borrow that much money, Trudeau had to get it from somewhere. He borrowed some of it from

00:05:39.500 actual investors, foreign lenders, but most of it just came from the Bank of Canada itself. They

00:05:45.120 printed money and loaned it to the government. Now, that devalued your money that you worked for.

00:05:51.500 That drove inflation. That enabled Trudeau's worst behavior. And that's why we're in the mess we're in.

00:05:57.120 Tiff Macklem let it happen. He's hiking interest rates now on you, telling you to spend less, own

00:06:05.840 less, live less, because he wouldn't tell Trudeau to spend less and borrow less when Trudeau was on

00:06:13.040 his $900 billion spending spree. Trudeau famously said he never thinks about monetary policy like

00:06:19.720 interest rates. I mean, there may be some truth to it. Monetary policy is boring and involves math

00:06:25.500 and reading and economics and history. And Trudeau prefers photo ops and calling people racist.

00:06:30.960 When I think about the biggest, most important economic policy this government, if reelected, would move

00:06:36.780 forward, you'll forgive me if I don't think about monetary policy. You'll understand that I think about

00:06:42.240 families. When we first got elected in 2015, the very first thing we did was raise taxes on the wealthiest

00:06:47.980 1% so we could lower them for the middle class. And similarly, a reelected liberal government will

00:06:54.100 continue to invest in supports for families, for students, for seniors, investing in housing,

00:07:00.760 because we know it is not right that so many people right here in the lower mainland and indeed across

00:07:05.700 the country can't afford their first home. We know these are the policies that make a difference in the

00:07:12.720 growth of our country and the jobs people get and the opportunities people have to grow and prosper.

00:07:18.080 That is what we will stay focused on.

00:07:19.740 I'm not sure if I actually believe him. I think he thinks about monetary policy,

00:07:24.080 but only in a way will Tiff Macklem continue to print money to let Trudeau do whatever he wants,

00:07:30.880 build back better, more climate BS, buy 400 million doses of vaccines, whatever.

00:07:36.840 And Tiff Macklem, like Theresa Tam, like Brenda Lucky of the RCMP, does whatever Trudeau tells him

00:07:43.520 to do. He's even got that Trudeau arrogance down pat. That's an important reason why these international

00:07:50.860 inflationary pressures have broadened in the economy. And by front-loading our interest rate

00:07:57.160 response, that will cool demand, allow supply time to catch up and take the steam out of those domestic

00:08:07.080 inflationary pressures. And as I just stressed in the previous question, it's critical that we keep

00:08:12.400 inflation expectations well anchored so that when those international pressures ease off,

00:08:18.040 inflation does come back down to target.

00:08:22.400 You know, it was just a month or two ago that someone who really does understand monetary policy

00:08:28.040 and inflation and central banking, Pierre Polyev, criticized Tiff Macklem for getting us into this

00:08:34.180 past. Frankly, it was probably a bit obscure for most people at the time. We all know who Theresa Tam is.

00:08:40.020 She's the nutcase who told us to wear a mask while having sex. But Tiff Macklem is far from a 0.99

00:08:46.920 household name. But Pierre Polyev knew who he was. Knew he was the one flooding the market with fake

00:08:54.180 money, printing, printing, printing money. It really is like counterfeit money in a way. You pour that

00:08:59.100 much printed money into the system. Everyone else's money is devalued. Polyev criticized Macklem.

00:09:06.220 Someone should. And oh, my God, did the fancy people have a freak out. It was quite something.

00:09:12.220 People who had never given a thought to the Bank of Canada were suddenly experts on why Pierre Polyev

00:09:16.600 shouldn't talk about the Bank of Canada. It was such a sacred position. How dare you? How dare you

00:09:21.580 criticize him? Don't interfere. Hang on. Don't interfere when Trudeau's man is printing hundreds of

00:09:27.640 billions of dollars and pouring it into the economy. Why? Is he some high priest or saint or someone we

00:09:34.000 can't criticize? Can I get a list of those people, please? It's obviously Theresa Tam's on it and Tiff

00:09:39.180 Macklem, too. I mean, Macklem said he had everything under control. I mean, he was smarter than you, right?

00:09:45.120 And he wouldn't lie for his boss Trudeau, would he? Our message to Canadians is that interest rates

00:09:51.980 are very low and they're going to be there for a long time. We recognize that Canadians, Canadian 1.00

00:10:01.620 businesses are facing an unusual amount of uncertainty. And so we have been unusually clear

00:10:09.680 about the future path for interest rates. If you've got a mortgage or if you're considering to make a

00:10:17.020 major purchase or you're a business and you're considering making an investment, you can be confident

00:10:22.380 that interest rates will be low for a long time. Yeah, he's a liar. Either that or he's incompetent. 0.99

00:10:31.200 Neither is a good answer. Inflation is a disaster. I showed you the stats the other day in, frankly, the

00:10:37.160 former Pierre Paulieb's grocery video, which was pretty easy to understand. Look at this part again.

00:10:42.560 What can my bag of groceries tell you about inflation or just inflation? Numbers out today,

00:10:48.740 10% increase in food prices. Let's go through the items and how much they've risen one by one. Eggs.

00:11:00.320 Tomatoes.

00:11:03.840 Lettuce.

00:11:07.160 Pasta. I'm not going to try throwing this one up and down outside of the box.

00:11:17.160 Ground beef.

00:11:20.980 10% food price inflation in one year alone.

00:11:25.700 Oh, well, too bad. So sad. Tiff Macklem is here to tell you that you'll own nothing and

00:11:30.100 you'll be happy.

00:11:31.160 You know, when you look at when you look around the world, it's clear that, you know, the age of

00:11:38.700 globalization has certainly stalled and possibly is moving into reverse. That could, you know,

00:11:46.220 that globalization put a lot of downward pressure on global goods prices. If that if that goes away,

00:11:52.580 there we won't get as much downward pressure from global goods prices going forward.

00:11:57.640 There are other factors. Clearly, we have to deal with climate change. That could add costs.

00:12:08.360 We have an aging labor force. Labor markets could become tighter. These things are relatively slow

00:12:15.720 moving and, you know, we will see. But the one thing I would stress right now is we have some ability

00:12:24.440 to influence what that future looks like. And the best thing we could do today to make that future

00:12:30.960 better would be to keep inflation expectations well anchored on the target. Because we know that

00:12:36.540 if inflation expectations become unmoored, the economy is not going to work as well.

00:12:41.080 And it's going to be harder to get inflation back down to target. And that's really reflected

00:12:45.720 in the step we took today, increasing interest rates by 100 basis points and front loading our

00:12:53.060 response. An important reason for that is to assure Canadians that we are going to bring inflation

00:12:58.640 back to target. And they can be confident in price stability. The funny thing is, when

00:13:03.800 Polyev first started criticizing TIF a few months ago, even though the entire elite circles the wagon,

00:13:11.800 TIF Macklin himself admitted that, yeah, he sort of screwed up and he ought to be held accountable.

00:13:18.940 Of course, he didn't actually mean it. He didn't resign. He didn't apologize to the Canadian people.

00:13:24.100 He didn't lay out in plain language what he did wrong and why he did it wrong. That would have

00:13:28.920 involved criticizing Trudeau's profligacy. That would have amounted to a victory for the evil

00:13:33.580 Pierre Polyev. So he just said, oh, yeah, I ought to be held accountable. But of course, that mere

00:13:38.600 utterance was the only accountability he ever faced. Just like when Trudeau was convicted again and again

00:13:44.380 three times again and again, five times of the Conflict of Interest Act, just nothing. That's

00:13:51.160 the Canada we live in now. So yeah, we're in this mess. But you'd better get used to it. It's on you,

00:13:58.480 Canadian citizens. Hey, look at this exchange two years ago. How much of an interest rate hike

00:14:06.480 could the average Canadian household sustain before they would be unable to pay their mortgages or other

00:14:16.420 credit market debt that they hold? I want to stress that our focus is on supporting the recovery. Bank of

00:14:24.540 Canada has lowered interest rates to the effect of lower bound of 25 basis points. We have embarked

00:14:33.940 on a strategy of large scale asset purchases. And that has a dual purpose, partly to restore. One

00:14:43.940 purpose is to restore good functioning in our debt markets. The other purpose is to lower interest

00:14:53.360 rates and the yield curve. Sorry. We're very, so go ahead. For now and for the foreseeable future,

00:14:59.800 we're focused on providing the monetary stimulus and delivering low interest rates to support the

00:15:08.940 recovery. And that is lowering the debt service costs that households face and companies and

00:15:17.480 governments. How many households would become insolvent with a two percentage point increase in interest

00:15:24.760 rates? These are extremely hypothetical. We have no intention of raising interest rates

00:15:32.500 in the current circumstance. Of course not. That's why I'm not asking about the current

00:15:38.420 circumstance. I'm asking about the medium term circumstance, sir. You've admitted that if

00:15:42.740 inflation rises unexpectedly, that you would raise interest rates. That was your, those were your

00:15:48.160 words. You said that. And we need to, as Canadian parliamentarians to know what that would do for

00:15:54.460 households. How many would become insolvent if you had a 2% increase in interest rates?

00:16:01.780 The biggest risk to Canadians coming insolvent is not having a job. Right. The biggest risk to

00:16:07.940 Canadians not being able to repay their mortgage is not having a job. Yeah. Pierre Polyev was right. 0.99

00:16:13.300 Tiff Macklin was wrong, but he won't pay a price for it. No one in Trudeau's government is competent,

00:16:20.400 not the people running the airports, not the people running the passport office, not the people managing

00:16:25.440 the money, not the people engaging in foreign affairs. The only thing they're good at is jetting

00:16:30.800 off to foreign destinations to give away your tax dollars and foreign aid to corrupt regimes and calling

00:16:36.700 you racist and sexist if you don't obey them. Let's see how it looks when there's Pierre Polyevastro,

00:16:43.280 what happens to Canadians when their mortgages go up by one or 2%. What happens? Macklin didn't say

00:16:50.380 two years ago, maybe he'll have to answer us now, or maybe we'll just find out. Stay with us for more.

00:16:56.680 I'm Joe Manchin. I approve this act because I'll always defend West Virginia. As your senator,

00:17:14.360 I'll protect our Second Amendment rights. That's why the NRA endorsed me. I'll take on Washington and

00:17:20.100 this administration to get the federal government off of our backs and out of our pockets. I'll cut

00:17:24.800 federal spending and I'll repeal the bad parts of Obamacare. I sued EPA and I'll take dead aim at the

00:17:32.980 cap and trade bill because it's bad for West Virginia. Well, that man is Senator Joe Manchin.

00:17:41.320 He was running for the U.S. Senate then as a Democrat. Imagine that. You're using a gun

00:17:47.620 to shoot at a piece of climate legislation and you're a Democrat. Well, of course, because that's

00:17:55.680 West Virginia. It's a very conservative state, one of the Trumpiest states, as it turned out. It's also

00:18:02.120 a state with a lot of fossil fuels, including coal. If you want to be a Manhattan liberal, help yourself,

00:18:08.500 but you're not going to get elected in West Virginia. Joe Manchin did. And he really is a Democrat,

00:18:13.660 but he doesn't go crazy on things like climate because he knows, unlike, say, Alexandria Ocasio-Cortez,

00:18:21.060 that energy doesn't come just from a plug in the wall. It comes from coal or oil or nuclear power and

00:18:27.440 in very rare cases, solar or wind. So that grown up, Joe Manchin, the grown up, has been putting a pair

00:18:36.080 of skeptical eyes on Joe Biden's build back better insanity, including his massive plans for global

00:18:42.960 warming expenditures. And yesterday he decided he wasn't having any of it. And joining us now to

00:18:49.560 talk about Joe Manchin and what he did to build to Joe Biden's climate plans is our friend Mark

00:18:54.780 Morano, the boss of Climate Depot dot com and a man who himself used to work on Capitol Hill.

00:19:00.580 Mark, great to see you again. I like Joe Manchin. I think he's a better conservative than many

00:19:06.540 Republicans are. Tell tell our viewers what he did exactly, because it's a it's a tied Senate,

00:19:14.140 right? It's 50 50. And so one Democrat is all it takes to unravel the president's plans. What did

00:19:22.540 Joe Manchin do? Well, Joe Manchin has, first of all, just been stringing along the Biden administration

00:19:30.080 for the last year and a half when it comes to the signature legislation, the build back better plan

00:19:36.800 of Joe Biden and this idea of the climate splurge plan. It's two trillion dollars. And according to

00:19:44.260 The New York Times today, Ezra, he has pulled the plug. He's not going to support it. That Biden

00:19:48.820 administration was throwing everything at Manchin. They were offering all sorts of legislative

00:19:53.860 things, all sorts of fossil fuels, subsidies, favors, anything they could do. But he just didn't

00:19:59.920 have it. He knew whatever he agreed to was not going to be in the interest of, as you said,

00:20:04.020 one of the most Trumpian states in the union, West Virginia. And so he pulled the plug on this.

00:20:09.840 Now, what's funny about this is The New York Times quotes a professor from the University of

00:20:14.840 California, Santa Barbara, who said she literally sobbed when she heard the news and she declared

00:20:20.960 Senator Manchin is condemning the children of America through because of the climate catastrophe.

00:20:27.540 Now, here's how crazy having one Democrat off the reservation makes climate activists. Bill

00:20:34.420 McKibben, the climate activist, good friend of Al Gore, last October warned that Senator Joe Manchin was

00:20:43.240 going to alter the Earth's geologic record by not supporting President Biden and his climate plan.

00:20:50.560 And that's not all. The Rolling Stone magazine said Senator Manchin just, quote,

00:20:56.380 cooked the planet. That was their actual headline. They actually believe he's endowed with powers and

00:21:01.800 abilities far beyond those of mortal men. He's wearing a cape. This is how powerful. And this goes to

00:21:08.160 tell you, this is why they want 100 percent consensus. This is why they allow no dissent,

00:21:12.220 because they know one dissenter brings down their house of cards.

00:21:16.560 It does mathematically in a 50-50 Senate, but it also does in terms of conformity. And we talk a lot

00:21:22.720 on this show about the Ash conformity test, which was an experiment done about 50 years ago. And it

00:21:28.900 showed that as long as there's one other skeptic in the room, one other dissenter that gives courage to

00:21:34.600 other people to say, yeah, I don't like to go along with this. It's only when there's unanimity do people

00:21:39.540 say, well, I better not speak out. Maybe everyone's right. I don't want to make waves. So Joe Manchin gives

00:21:44.800 courage to other Democrats who might be more moderate, might be less radical, might be from

00:21:49.660 a state that it's not in that state's interest to shut down fossil fuels. He really is a grownup.

00:21:55.400 And the the emotional reaction to him by these professors and activists, I think it proves his

00:22:01.840 point. And thinking he has these supernatural powers to, you know, change the Earth's orbit or

00:22:07.480 whatever, I think just proves how unscientific and kooky they were. But it's not just radical activists

00:22:13.700 and professors. Mark, I want to show you some tweets that his fellow senators said. I want to start one from

00:22:21.460 Sheldon Whitehouse. That's the name of a senator. Sort of funny that he's named Whitehouse.

00:22:26.340 He says he's from Rhode Island. He says with legislative climate options now closed, it's now time for

00:22:33.540 executive beast mode. That's that's pretty butch. I don't even really know what that means. But he that's he's

00:22:41.180 clearly talking about Joe Biden wrecking any chance to pass a bill, right?

00:22:45.940 Yes. An executive beast mode was if you go back, when President Obama, the Democrat, was our

00:22:51.480 president, he failed spectacularly getting a climate bill through Congress. They had a super majority in

00:22:56.720 the House and the Senate. They barely got it through the House. It took multiple votes and they had to

00:23:00.880 bribe members. And then it gets to the Senate. It doesn't even get submitted for a vote because

00:23:04.660 Democrats, led by Al Franken in Minnesota, the liberals favorite liberal, refused to support it.

00:23:10.700 So what Obama did was the China vacation. He went into full executive beast mode. We had all the

00:23:16.420 executive orders, the EPA endangerment finding, regulating carbon dioxide as a pollutant. And

00:23:21.600 this is what they did through the administrative state. Now, Trump came in, erased it. Biden comes back

00:23:26.500 and they go on steroids, everything Obama did. So I don't know what Whitehouse, Senator Whitehouse is

00:23:31.320 talking about, because Biden has been on executive beast mode with ESG, with the Treasury Department

00:23:38.540 defunding fossil fuel projects, with every agency, a cabinet agency, with his executive orders.

00:23:44.420 Yeah. And by the way, when you have the lowest popularity, really, in memory for a president who's

00:23:51.060 clearly losing his cognitive abilities, who is presiding over inflation and disasters in foreign

00:23:58.220 policy, executive beast mode, I don't think it's helping the Democrats in the lead up to the

00:24:04.200 midterms. I want to show one other set of tweets. This is by another colleague of Joe Manchin.

00:24:10.500 Martin Heinrich says, we have an opportunity to address the climate crisis right now.

00:24:15.260 Senator Manchin's refusal to act is infuriating. It makes me question why he's chair of the

00:24:20.660 ENR, I think that stands for Energy and Natural Resources Committee. And this is the moment to meet the

00:24:26.220 challenges that we will be judged by, by our children, grandchildren, future generations.

00:24:29.880 We can't wait any longer. So that first tweet about why does Joe Manchin get to chair the Energy

00:24:35.840 Committee? Well, I have an answer to that because he is from an energy state. How's that for an answer?

00:24:42.300 I mean, you wouldn't put, you know, someone from San Francisco in charge of energy. You might put them

00:24:47.960 in charge of tech, for example. But it's almost like they're talking about punishing him. We've seen

00:24:54.260 that sort of like if the bribes don't work, maybe they're going to the threats. But that Joe Manchin,

00:24:58.920 I don't think he's easily wobbled because whatever he hears in Washington, he just goes back to West

00:25:04.040 Virginia. He says, nope, I'm pretty sure I'm taking the pulse of my state. I don't know. I'm a fan,

00:25:09.960 as you can tell, Mark. But are the the Democrats would never punish him, would they?

00:25:15.240 Well, first of all, they've sent out the actors. I have there's a video clip of him walking through a

00:25:20.440 part with literally activists chanting at him about his votes. And they're like intimidating

00:25:25.780 him. And he is standing strong. I don't think he'll be intimidated. I actually testified in

00:25:30.560 West Virginia about the Common Core education standards. They wanted to basically have the

00:25:35.660 national standard imposed upon West Virginia that said there is no scientific debate on climate.

00:25:40.380 We went with names of scientists. And I testified. And guess who was on that school board when I

00:25:44.580 testified at the capital of West Virginia was Joe Manchin's wife. And very recently,

00:25:49.260 they ended up going along and they rejected these Common Core standards in West Virginia. So

00:25:54.000 they've been at this battle and they've been they've been they've been tried to be bribed.

00:25:58.420 They've tried to be intimidated. But Manchin's still standing strong on this. He really has no

00:26:02.440 choice. If he I mean, he is to have courage. But if he weakens Ezra, he's gone. I mean,

00:26:07.600 this state is not going to put up with someone who would cave to Senator Whitehouse or, you know,

00:26:13.280 Chuck Schumer on climate. Well, you know, the song Almost Heaven, West Virginia.

00:26:18.500 Yeah, it's called Country Roads. It really is a great song. And West Virginia really is a beautiful

00:26:24.300 place. It sounds like you've had the pleasure of being there. I, as a Canadian, enjoyed it, too.

00:26:28.660 It's fascinating to watch. And I must say, for all the rancor and the back and forth, I am jealous

00:26:34.160 that the United States has a system where elected officials can use their own judgment and listen to

00:26:40.180 their constituents and defy the party line. During the lockdowns in Canada, anyone of any party who dared

00:26:46.140 dissent was thrown out of the party, including so-called conservative parties. I admire the

00:26:52.640 American system that, at least in the Senate, allows some real dissent and real debate and

00:26:59.500 allows people to represent their constituents in a way that we are not allowed to do in Canada.

00:27:04.340 And I think we are poorer for it. Last word to you, Mark.

00:27:07.280 Well, I do. But they're trying their best to ruin the system you just correctly lauded here in the

00:27:12.480 United States. Because ultimately, this $2 trillion climate spending bill that Manchin's

00:27:17.820 not going to support, which would have no impact on global emissions, let alone climate, let alone

00:27:22.140 the Earth's geologic record. And I don't know why it's causing professors to cry, other than

00:27:26.920 they're mentally ill, part of a cult. But the key here is, oh, Biden already is going about this 0.98

00:27:33.080 through the unelected bureaucracy, following that sort of Chinese one-party rule. But as best we can,

00:27:38.820 we have to preserve this system where you can dissent and make a difference.

00:27:43.160 Okay. Well, Mark, you're the guy to talk to about this stuff. Very interesting. Thanks for

00:27:47.420 sharing your time with us.

00:27:49.080 Thank you, Ezra. I appreciate it.

00:27:50.340 All right. There you have it. Mark Morano, the boss of ClimateDepot.com. It really is a great

00:27:54.740 aggregator for any news. If you're interested in global warming and carbon taxes and the UN

00:28:00.940 and the globalist attempt to push these things through, you really should pop by ClimateDepot.com.

00:28:07.620 They have all the info. I've been going there for more than a decade. All right. Stay with

00:28:12.260 us. More ahead.

00:28:25.140 Yeah, I was thinking more about the monologue today about Tiff Mackleman and just that name.

00:28:28.960 That's his nickname. Obviously, no mother would saddle a child with the name Tiff. It's like

00:28:33.700 that old Johnny Cash song, A Boy Named Sue. Tiff made a lot of mistakes. I think really one

00:28:43.500 important mistake, which is he let Trudeau spend like a maniac. He just printed the money to make

00:28:49.680 that happen. That drove inflation. And now Tiff is punishing ordinary Canadians and telling them

00:28:54.400 they'll have to suck it up. But what was so interesting about that whole thing is how the

00:28:58.120 entire establishment class ran to Tiff's defense a few months ago when Pierre Polyev started

00:29:04.160 criticizing him. Pierre Polyev was right. Not only did Tiff Mackleman admit that in the time,

00:29:11.100 but we see the disaster he's just rolled out for Canadian families this week.

00:29:16.600 The fact that the entire establishment stood by the Bank of Canada, about which they knew little,

00:29:21.860 just because they didn't like the grassroots populist conservative Pierre Polyev tells you

00:29:26.920 everything you need to know about every establishment person in this country, whether it's in the media

00:29:32.100 or politics, their instinct to circle the wagon. They don't know Tiff Mackleman. They're not in the

00:29:38.080 same yacht club as him. They just know he's one of them. He's an insider. He's making how many hundreds

00:29:43.360 of thousands of dollars a year to look really smart, but really he's clueless. Like Teresa Tam,

00:29:48.140 who's making close to half a million dollars a year now. You're in on the in team. You defend

00:29:54.500 others on the in team against an outsider. It's a simple rule. Polyev uses the phrase gatekeepers.

00:30:01.880 That's not a bad phrase, but it really is the insiders versus the outsiders. And I think the

00:30:09.960 insiders are going to love the next couple of years, but for millions of Canadians, I think it's

00:30:15.200 going to be a disaster. We'll see. I don't mean to be so pessimistic, but a lot of people will not

00:30:20.300 be able to afford a 1% jump in their mortgage. I think we are in for difficult days. That's our

00:30:26.900 show for today. Until next week, on behalf of all of us here at Rebel World Headquarters, to you at

00:30:31.980 home, good night and keep fighting for freedom.

00:30:34.360 Trey Humphrey here with Rebel News. And if you follow my reports on Rebel News, you know I've

00:30:39.080 updated you many times on the never ending saga that is Jessica Simpson, formerly Jonathan Yaniv.

00:30:46.720 You might know this person by many different names and ways. You might even know this person as the

00:30:53.600 wax my balls guy, because when immigrant women were trying to be beauticians to help support their 1.00

00:30:59.600 family, Yaniv had a tendency of suing them when they were surprised by Yaniv's male genitalia and 0.99

00:31:07.180 were not comfortable proceeding with waxing them. You might also see Yaniv or Simpson as a familiar face

00:31:15.320 here as the individual whacking my colleague David Menzies with a cane, and then also assaulting my

00:31:23.360 former colleague, Kian Bextie, now with the counter signal while he was reporting for Rebel News about

00:31:30.580 a weapons charge that Yaniv was facing right out front of the courthouse. Take a look.

00:31:36.700 Be pleading guilty? What? No, don't touch me. Don't touch me.

00:31:40.120 Hey! 0.99

00:31:42.980 Stop! 1.00

00:31:44.500 Stop away from me.

00:31:45.780 Go away.

00:31:47.260 My last report about Yaniv Simpson updated you that yes, Yaniv actually was found guilty

00:31:54.220 for assaulting Kian Bextie, but for the second time in a row received a conditional discharge

00:32:02.600 that would allow Yaniv to continue on with life as though Yaniv wasn't really a criminal.

00:32:08.540 But that time has come and gone due to an incident where Yaniv othered threats at activist

00:32:15.920 billboard Chris Elston. Now you can catch up on this saga in its entirety so far by going to

00:32:22.740 yanivtrial.com. That's also where you can donate to support our many legal fees or costs

00:32:30.380 to continue to report on this individual because not only are we actually supporting the lawsuits

00:32:36.860 for both Kian as well as Dave Menzies for the attacks that you saw here, but Yaniv, who is a serial

00:32:43.280 litigator, also brought on a lawsuit against us at Rebel News, which we incurred costs to defend

00:32:49.120 ourselves from and for which I have an important update coming up next about very soon.

00:32:55.540 All right, here we have it. I'm out in the Mary Times doing reporting here. I wasn't able to be here

00:33:00.240 to see a moment in history where Yaniv actually received a criminal record for something. Joining

00:33:06.220 me is Kerry Simpson from the Canadian Voters Association. And the victim in this situation,

00:33:11.740 sorry to call you that, and that is billboard Chris Elston. Thanks for being on Rebel News.

00:33:17.180 Always nice to be with Rebel News, Drea. Thanks for having us.

00:33:21.500 Yes, thank you so much, Drea. Pleasure to be here.

00:33:24.780 Now, Chris, I'm going to start with you. Tell us the first half of how court went.

00:33:29.740 Well, Jessica Yaniv's lawyer was pushing hard for yet another conditional discharge,

00:33:37.100 which would mean no criminal record for Mr. Yaniv. And Jessica Yaniv's lawyer at one point was lying

00:33:45.900 to the court about me. And so I spoke up out of turn and I was chastised by the Crown Prosecutor.

00:33:52.060 And then later Yaniv was lying as well. So I wasn't just going to sit there while the Crown Prosecutor

00:33:57.100 did nothing. So I spoke up again and they almost threatened to kick me out of the court. But I

00:34:01.740 think it all worked out in the end because we got what we wanted, which was a suspended sentence for

00:34:05.980 Yaniv. I would have preferred jail time. But at least this means he now has a criminal record.

00:34:11.500 Kerry, I'm going to jump to you on this because you've been like a legal advocate. You've been

00:34:15.660 working closely with Chris during all this. So they were pushing again for a third conditional discharge.

00:34:24.700 What do you think of that? So I think that we're making progress. And what people don't understand

00:34:31.180 is the length of criminal conduct that this individual has engaged in. And there's still

00:34:38.380 new cases coming. He's again been recently charged now with criminal defamation. So there'll be still

00:34:44.300 yet another criminal court proceeding. But when you look at what's happened here, the fact that there

00:34:49.660 would even be discussion around a conditional discharge is mind-boggling to me. And fortunately,

00:34:57.900 fortunately, we had a very good judge who could sort of see through the trans card plays that were 0.99

00:35:06.060 being made there. You know, the victim syndrome for me. I mean, Yaniv always comes up with these sad

00:35:12.140 stories. This judge wasn't buying it. And he, you know, applied the law. He recognized that the legal

00:35:20.940 test for conditional discharges, it not only has to be in the interest of the perpetrator, Yaniv in this

00:35:27.740 case, but it also has to be in the public interest. And in his findings, Judge Brecknell said, well,

00:35:34.700 you know, a conditional discharge may be in Yaniv's interest. It's certainly not in the public interest.

00:35:40.460 And what was interesting about this case, so he got the suspended sentence. Now, you know, we're all

00:35:47.580 a little bit nervous about when the day comes when a jail sentence is actually imposed, because on that

00:35:53.980 day, we're going to have to deal with the issue of which jail do we put Yaniv in? A man's prison or a

00:36:01.340 women's prison? And we know that he has a history of abuse to women and sexual issues that probably are

00:36:09.580 not conducive to a safe environment for other female inmates if he does get put in a women's 0.99

00:36:15.180 prison. But the judge also spent quite a bit of time, and I appreciated this, and I think Chris did

00:36:21.340 as well, was on the issues of free speech. And I know this is near and dear to Chris's heart,

00:36:26.300 because this is what he does as billboard Chris. So I'm going to let him talk about what the judge

00:36:32.620 said. It was really significant. Yeah, I think particularly considering what Canada has been

00:36:38.300 through this past two years, with our charter rights being infringed upon, it was very encouraging

00:36:44.300 to see the judge specifically cite the Charter of Rights and Freedoms. And he specifically mentioned

00:36:50.700 two clauses from our fundamental freedoms, which are everyone has the following fundamental freedoms,

00:36:55.580 freedom of conscience and religion, and freedom of thought, belief, opinion, and expression. And he

00:37:02.700 said that it doesn't matter if my speech is offensive to some, I still have every right to say it. And there

00:37:10.380 were various ways that Jessica Yaniv could have expressed his disagreements to me, which didn't involve

00:37:18.620 threatening to shoot me. So he thought it was in the public interest, given that Yaniv had already had

00:37:24.380 conditional discharges, which, as part of those, Yaniv was under a condition to be of good behavior.

00:37:30.300 And while he was under these previous conditional discharges, he was not of good behavior. He had

00:37:34.700 assaulted Kian Bexty, and then he threatened me. So the judge saw right through their nonsense that they

00:37:40.540 were trying to sell. The other important aspect, I think, of this is that this judge was very, very,

00:37:48.860 very clear on relating his statements about the right of Chris to engage in his form of expression,

00:37:57.020 in consideration of what is transpiring, not only in Canada, but in the US right now, which tells me

00:38:02.860 that there's a heightened awareness right now within the judiciary that something needs to be done.

00:38:09.340 Council culture shutting one group out just because you don't like what they had to say.

00:38:15.740 You know, you could read between the lines, this judge is very concerned where we are going as a

00:38:19.740 nation, as a country. So while we all look at this case as pivotal in the Yaniv ongoing saga, which

00:38:30.940 doesn't look like it's going to be shutting down anytime soon. But for this judge to take advantage of

00:38:37.420 this opportunity to make these statements was very significant. So I think just kudos to Chris again

00:38:45.580 for not only engaging in a civil right, you know, a constitutional right we have here in Canada,

00:38:53.420 but fighting to protect that and presenting his case in a way, thank God for technology and the video

00:38:59.740 cameras and all the rest of it. Because this equipped the court to come down with a very, very good

00:39:05.980 decision for not only British Columbia, but Canadians at large. Well, I'm sorry, I missed it.

00:39:12.860 Sounds like a courtroom not affected by wokeism. I'm glad you guys were there and glad you're on Rebel

00:39:17.980 News to tell us what happened. I'm sure I will see you very soon, both of you. Thanks for being on Rebel News.

00:39:23.900 Thanks, Drea. Thanks so much, Drea.

Rebel News Podcast - July 16, 2022

EZRA LEVANT ｜ Tiff Macklem, Trudeau’s man at the Bank of Canada, raises interest rates by 1%, and tells Canadians to lower their expectations

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