The National Telegraph - Wyatt Claypool - April 18, 2024


Justin Trudeau is attacking his own voters in new election strategy


Episode Stats


Length

8 minutes

Words per minute

178.5632

Word count

1,551

Sentence count

81

Harmful content

Misogyny

1

sentences flagged

Hate speech

1

sentences flagged


Summary

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

Justin Trudeau and the Liberal Party are going after their own voters and demonizing them as ultra-rich leeches in order to shore up their failing poll numbers. It's a brilliant strategy, and I can't wait to see how it plays out.

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 In the midst of their terrible polling numbers and awful approval ratings,
00:00:04.400 Prime Minister Justin Trudeau and the Liberal Party have devised a new and brilliant campaign strategy,
00:00:10.660 and it's called attacking their own voters.
00:00:13.500 They've already tried to attack people who weren't voting for them as dumb, stupid, idiot bigots,
00:00:18.540 and that somehow didn't work to bring people back over to the Liberal Party,
00:00:22.400 so now they're swiveling around and smacking their own voters as ultra-rich leeches.
00:00:27.260 And what I mean by this is that in the new budget,
00:00:30.780 the Liberals needing more revenue to pay for their bloated budget
00:00:33.840 are increasing capital gains inclusion rates from one-half to two-thirds.
00:00:38.980 So all that money that people were already taxed on income for that invested in the stock market
00:00:44.780 used to only have to pay half of their capital gains into their income,
00:00:49.480 but now they're going to have to include up to two-thirds.
00:00:52.220 And this is basically the Liberals going after the only demographic of people
00:00:56.800 who actually still liked them.
00:00:59.020 It's Bay Street investors and those who were economically thriving during their tenure in office,
00:01:03.980 not because the Liberals are doing anything that great for the economy.
00:01:07.800 They just mostly left these people alone,
00:01:09.900 and because they might have a more progressive social edge to them,
00:01:13.800 they'll say that they like the Liberals because they leave them alone in their investments,
00:01:17.780 and they tend to support the values that they like in government.
00:01:21.560 But now the Liberals decided that they don't even need these people anymore,
00:01:25.700 so they're going to cut videos going after them and saying that the Conservatives are terrible people
00:01:30.460 for wanting these voters.
00:01:32.200 So the Liberals, who are not winning any demographic of people right now
00:01:36.620 except those who describe themselves as economically thriving,
00:01:39.740 here's the poll result for that,
00:01:41.820 they win 30% of those who call themselves thriving economically,
00:01:45.060 the Liberals aren't winning men, women, older voters, middle-aged voters, younger voters,
00:01:50.020 and they are not leading in any province across Canada.
00:01:53.440 This was the last demographic that they were doing well in,
00:01:56.340 and now they are demonizing the Conservatives for not hating this group of voters?
00:02:01.980 It's wacky, you know.
00:02:03.620 I want to see how this plays out for them,
00:02:05.680 because I guarantee that they're going to sink to new lows.
00:02:07.960 Even in the little header of their tweets about this,
00:02:10.400 they say our Liberal plan is all about fairness for every generation.
00:02:15.220 So we're going to make the ultra-wealthy pay a little bit more
00:02:18.700 so we can deliver strong public health care, more affordable housing,
00:02:22.880 increase investments for the middle class.
00:02:24.660 It's not going to do any of this, but here's Justin Trudeau talking about it.
00:02:27.840 We don't think it's fair that a teacher or electrician
00:02:32.400 pays taxes on 100% of their income,
00:02:36.200 while a multimillionaire pays taxes only on 50%
00:02:40.800 of the passive income they make on capital gains.
00:02:43.940 I'm not here just to defend wealthy people or anything like that,
00:02:48.100 but that's just absurd.
00:02:50.320 A wealthy individual who's making a large income
00:02:53.900 is paying way more of a percentage of their income in taxes to the government,
00:02:58.360 and then when they put that into the stock market,
00:03:01.980 the idea was that only tax them on half the capital gains they make,
00:03:05.780 because it's a little bit unfair that this person already paid
00:03:08.680 in federal, provincial, and property taxes
00:03:11.840 like 55%, 60% of their income to the government,
00:03:15.440 but at least don't kick them again on the gains they make in the stock market.
00:03:19.780 And now the Liberals are going from one half inclusion rate to two thirds.
00:03:24.020 They're not somehow messing over a teacher in any way.
00:03:28.060 A teacher pays far less taxes than somebody who is like the CEO of a company.
00:03:32.800 And the idea that this is something that is going towards fairness is ridiculous.
00:03:38.540 Also, if you're a teacher and you're making $90,000, $100,000
00:03:42.000 after five, 10 years of being a teacher,
00:03:45.240 you could easily, at some point in your life,
00:03:47.480 be making more than $250,000 in investment gains in the stock market.
00:03:52.180 If you're putting away $5,000, $10,000 here and there every year,
00:03:56.200 eventually you're going to have a lot of money in the stock market.
00:03:58.660 And so the Liberals pretending that this is just about fairness, it's not.
00:04:02.740 It's actually going to drive investments so that there's less money around
00:04:05.660 to employ less people in new ventures being undertaken.
00:04:08.980 But he is in need of money and he is in need of people to divide Canadians against.
00:04:14.620 But the problem is he's dividing Canadians against the last group of people who liked him.
00:04:19.340 So we're going to make them pay a little more.
00:04:22.000 A little more going from one half to two thirds of their capital gains being included, their income.
00:04:30.620 And these people are already paying most of their income in taxes.
00:04:38.840 And by the way, Justin Trudeau has already made all of his wealth.
00:04:41.800 So obviously this doesn't even affect him.
00:04:43.500 He already has his millions of dollars.
00:04:45.260 And it's funny how all these hyper-progressives become socialists as soon as they've already made all their money
00:04:50.880 and they don't need any more in their minds.
00:04:53.600 I want to be crystal clear, though.
00:04:55.460 This tax will not apply to anyone's primary residence.
00:04:59.500 Je tiens Ă  Ăªtre très clair.
00:05:00.880 Cette tax ne s'appiquera pas à la résidence principale de qui que ce soit.
00:05:05.180 And so 99.87% of Canadians will not pay a cent more tax.
00:05:20.060 Those who will, those who will will be those who've benefited from an economy that seems tipped towards them
00:05:27.920 and away from everyone else.
00:05:30.480 You've been in government for nine years.
00:05:32.780 What do you mean it's been tipped in their favor?
00:05:35.460 If it's been tipped in their favor, it was you doing it.
00:05:39.020 And this is the only area that I would go after wealthier Canadians 1.00
00:05:43.260 because I don't really care if people have wealth.
00:05:45.140 The only group of wealthier Canadians you could actually say have benefited from an unfair system
00:05:50.660 in government and the economy are those who receive massive subsidies
00:05:55.060 through the green energy slush funds that the Liberals run.
00:05:59.000 They get subsidies because they run battery factories.
00:06:02.560 They run wind farms, solar farms.
00:06:04.140 But Justin Trudeau is not cutting off those subsidies.
00:06:07.060 And that's actually tipping the economy in someone's favor.
00:06:09.800 They're just getting a massive subsidy check from the government to go start a venture that nobody wanted.
00:06:15.760 And they're making millions off of it.
00:06:17.440 But Justin Trudeau is mad at people for taking the money that they've earned in the economy over time
00:06:23.060 and reinvesting in the stock market, which is helping new ventures get off the ground.
00:06:27.400 And now they're somehow like the wealthy benefactors of unfairness because they have played by the rules that everyone else was playing by did well and now are reinvesting.
00:06:40.460 And while that benefits them, it also benefits everybody else, too.
00:06:43.920 This is insane.
00:06:45.420 Like, he's trying to and when he's like, well, this is only this is not going to affect 99.87% of people like, dude, the last 1.2% of those people that we're talking about or like 0.2%, those are your donors.
00:06:58.820 His donors are going to run away screaming from him. 0.57
00:07:02.520 This is the dumbest thing I've ever seen.
00:07:04.320 I've been seeing people who are like the like the president of Shopify in Canada saying that this is a stupid move.
00:07:11.720 Someone who was praising him just five or six years ago were like criticizing of a heart on this because the last area of the economy that somewhat worked,
00:07:21.720 the investment stock market side of the economy is now being raided by the liberals for that little bit of extra money for all their failed programs.
00:07:30.300 These people are ridiculous.
00:07:31.280 But, you know, let's see how it works out for Justin Trudeau attacking his rich Bay Street donors.
00:07:37.380 I'm having fun with it.
00:07:38.760 I'm frustrated just out of a sense of this is a stupid way of doing politics, but I'm here for seeing the consequences of his own actions.
00:07:46.400 Anyways, that should be it for me today, guys.
00:07:48.920 As always, I'm going to plug the fact that I'm running for the Calgary Signal Hill Conservative Party nomination.
00:07:54.900 It's on the west side of Calgary.
00:07:56.160 These are what the new riding boundaries will look like after redistribution in late April.
00:08:00.780 Actually, it's just in a few days now.
00:08:02.760 So if you live in this area, buy a conservative federal membership and go see my website, wyattclaypool.com.
00:08:09.480 It's in the description below.
00:08:10.840 And if you want to donate to our legal fund, that's also in the description below at the Give, Send, Go link.
00:08:15.700 We're fighting a billionaire developer in court, and we have a high burden of legal costs, so anything you can donate really helps us out.
00:08:22.760 It's a ridiculous case where the man has not even shown any evidence to how we've defamed him.
00:08:27.780 He's just merely saying it, and because Alberta doesn't have anti-slap laws, he's been able to drag this out for years,
00:08:33.300 trying to bully us into giving him fake apologies for things he cannot prove even happened.
00:08:38.080 Anyways, that should be it for me today, guys.
00:08:40.840 Have a...