Western Standard - Cory Morgan Show. Austerity is inevitable

00:00:00.000 Thank you.

00:00:30.000 Good day and welcome to the Corey Morgan Show. I am Corey Morgan. We put a lot of thought into the name for this show. It gets to the point though, I tend to get to the point throughout the course of this show. This is our weekly Western Standard produced news and opinion show and we always have plenty of news and I have plenty of opinion to share throughout it. So to those of you joining us live as we broadcast this, please by all means use the comment thread there. I love seeing them. I love seeing the interaction.

00:01:00.000 Comment with each other, send questions my way, send questions towards the guests. I really appreciate it. I don't necessarily read them all out, but I do see them all in it. It lets me know somebody's out there and I'm not just talking to myself like I do when I'm driving around in my car. Just keep things civil with each other, of course, so we don't have to be at each other's throats. We got Twitter for that or X as it is called these days. I should try to keep up with things.

00:01:21.920 So yeah, as always, I like to think they're always good shows. I got another good one coming up today. I'm going to have as a guest, Dr. Danny LaRoy. He's an associate professor of economics with an agricultural specialty at University of Lethbridge and we're going to talk about supply management.

00:01:38.160 I know it sounds dull to people, but it does impact you, every one of you actually, and it costs you at the table. So we're going to have a little more discussion on it and I'm sure I'll get all the crabby emails from dairy farmers after we have that discussion, but that's fine. That's part of the discourse, part of the chat.

00:01:54.160 It needs to be talked about. So I'm going to start with what's got me, you know, going a bit today. I'm going to put on my prognostication hat and my crystal ball here and try and guess what's coming up in the future.

00:02:05.620 And it's pretty easy because what's going on right now in politics has already happened before. I mean, the parallels are almost chilling. We got a Trudeau as Canada's prime minister right now.

00:02:14.960 Western resource development's under attack. Government spending is out of control. Inflation harming citizens and interest rates are on the rise.

00:02:23.620 It sounds just like the 80s, late 70s. The current economic path now, though, is unsustainable and is going to come to a crashing halt eventually.

00:02:31.920 And, you know, there's lots of blame to throw around. Conservative governments are usually a little better than liberal ones in times like this.

00:02:37.520 I mean, Mulroney continued with spending increases and deficit budgets when Pierre Trudeau exited the scene.

00:02:43.300 In Alberta, the progressive conservatives under premiers Lougheed and Getty, they borrowed heavily while pouring tax funds into a series of failed corporate welfare schemes.

00:02:51.500 Now, the bubble finally burst in the 1990s for pretty much everybody. Debt servicing costs were taking a massive bite from government budgets while citizens just weren't ready to accept more tax increases.

00:03:03.400 So governments at all levels, with every political stripe, had to cut spending. There was no getting around it.

00:03:08.440 Federally, the Kretchen government balanced the budget, while provincially, we had Ralph Klein and Mike Harris bringing spending under control in Alberta and Ontario.

00:03:17.360 And, yeah, in Saskatchewan, even the NDP out there, they had to face economic reality.

00:03:22.080 Roy Romano cut spending by 10% in one budget. He managed to balance the books in 1994.

00:03:28.180 It wasn't easy, though. Unions, lobby groups, individuals, they screamed bloody murder through the 90s as the cuts were applied across the country.

00:03:35.620 But at that time, at least their protests were unheeded. Canadians wanted to see balanced budgets, and they wanted to see governments cutting spending.

00:03:43.400 Eventually, though, the cycle turned. With balanced budgets, times became good again.

00:03:48.460 Economies picked up, and the governments began to open the spending floodgates again.

00:03:52.900 Even in Alberta, under Klein, the spending began to rise quickly at the end of the 90s.

00:03:57.020 Ironically, it was when Klein started increasing expenditures when his provincial support started to flag.

00:04:02.700 You know, citizens are fine with low government spending, but politicians just can't resist increasing the budgets.

00:04:08.160 It's an easier way to manage the government than being fiscally responsible. Just toss more money at it.

00:04:14.080 That administrative sloth, though, does come with a price over time.

00:04:17.600 And in 1999, the federal government returned to deficit budgets.

00:04:20.820 And in Alberta, it took till 2008, but deficit financing has returned here as well, and we haven't managed to produce a balanced budget since.

00:04:27.900 Low interest rates may allow governments to get away with deficit financing for a time, but as we're seeing today, the rates don't stay low forever.

00:04:35.380 What goes down must come up.

00:04:36.540 Just servicing the federal debt alone is going to cost an estimated $34.7 billion in 2022-2023.

00:04:44.980 That's assuming interest rates stop rising, of course.

00:04:47.760 And every province is flushing money down the toilet on debt servicing, too.

00:04:50.860 It's interest costs, guys. It's money on the credit cards that we could really spend in better places.

00:04:55.420 Now, the Trudeau government, this is where it got me going on this, recently called for departments to find $15 billion in savings.

00:05:01.280 I thought, wow, are they finally going to do like Kretchen and be responsible liberals and do some cuts?

00:05:06.460 But no, then they quickly pivoted to say, oh, we're not going to cut $15 billion in spending.

00:05:10.840 We just want to find those savings and we'll shift it to other departments.

00:05:13.560 So in other words, they won't even talk about cutting the spending.

00:05:16.300 The hard reality governments and citizens need to face is that governments spend too much.

00:05:20.640 And yes, I'm including citizens in that statement because, hey, we're the ones who keep turning to the government for every service or problem.

00:05:28.060 People want every pet project funded, every foreign cause supported, and every industry subsidized, or they'll take their votes elsewhere. 0.59

00:05:34.660 I know it doesn't apply to everybody. It applies to enough of them.

00:05:37.300 Whether we like it or not, people tend to vote for whatever politician blows the most sunshine up their butt at election time,

00:05:43.240 and they tend to shy away from politicians offering a realistic fiscal platform.

00:05:48.060 People won't change their demands of governments until they start directly seeing the cost of spending, but we are starting to see it now.

00:05:54.060 Deficit spending is fostering inflation while taxes increase to try and keep up with the spending.

00:05:58.720 The rising cost of living is hurting everybody, along with the taxes.

00:06:02.600 Taxes alone right now eat up 45.3% of the average family's income, while food, clothing, and shelter only make up 35.6%.

00:06:10.140 Citizens are loath to admit it, but they can't hide from it forever.

00:06:13.400 Remember, when enough people realize that government is the largest expense in their life and they just can't afford it anymore,

00:06:18.600 they're finally going to start demanding cuts.

00:06:20.740 The question with spending cuts and austerity isn't a matter of if they're going to happen, it's a matter of when.

00:06:26.640 I mean, the laws of economics are as immutable as those of gravity, and the spending will have to be brought back into check eventually.

00:06:32.920 We just can't keep living on the credit cards.

00:06:34.360 The longer we wait to cut spending, though, the harder it's going to be when those cuts come.

00:06:39.360 An increasing segment of the population has become dependent upon government jobs and programs,

00:06:43.320 and that segment's going to suffer when the government's spending starts contracting.

00:06:47.200 It's going to be ugly as they try to adapt.

00:06:49.780 But the sooner, the better.

00:06:51.360 We're on a slow-motion collision course with an inevitable fiscal reality check.

00:06:56.480 The sooner we can ring the alarm bells, the better.

00:06:59.280 And right now is the time.

00:07:00.340 We've got to start reining in spending and reducing future pain.

00:07:03.120 And right now it feels like the warnings are falling on deaf ears,

00:07:05.880 but hopefully citizens start to get the wax out and start listening soon.

00:07:08.760 Because when the citizens move, the politicians will follow.

00:07:12.100 Eventually, they always do.

00:07:14.380 All right, that's what's got me going today.

00:07:15.980 Just some dry economic topics, but it's important stuff.

00:07:18.740 Let's get on to the other news, because a bunch of stuff's been breaking.

00:07:21.280 And check in with our news editor, Dave Naylor, and see what else is going on out there.

00:07:25.740 Hey, Dave, how's it going?

00:07:27.060 Good day, Corey. I'm well, yourself?

00:07:29.220 Pretty good. Nice day.

00:07:31.220 Oh, it was a beautiful day.

00:07:32.200 I was driving in this morning, going down Deerfoot, and this, you know, in the back mirror,

00:07:37.760 all I see is this rental car zooming by me, like about 140.

00:07:41.780 I took a quick look.

00:07:42.820 I thought it might be Chrystia Freeland, but I don't think it was.

00:07:46.120 I think she's back in Ottawa.

00:07:48.420 Well, she'll make sure that she's chauffeured again from there on forward. 1.00

00:07:52.580 Maybe this is why she doesn't have a car, Corey.

00:07:54.840 She lost it through speeding suspensions and all that sort of good stuff.

00:07:58.820 Well, I wish she would be as ambitious about managing our budget as she is about making

00:08:04.500 it fast on the highways.

00:08:06.320 Indeed.

00:08:07.480 As you say, Corey, a really busy last hour.

00:08:10.560 I'll lead off with some international news.

00:08:13.520 It's Evgeny Prigozhin, the leader of the Russian mercenary group Wagner, has been killed after

00:08:21.220 his plane was shot out of the skies in Russia.

00:08:24.820 You remember, Corey, he rebelled against Putin and all his troops were marching towards Moscow

00:08:30.680 when he suddenly decided to stop and go into exile in Belarus.

00:08:35.520 And we all knew his days were numbered, but I certainly didn't have him being killed by

00:08:40.560 a Russian missile.

00:08:41.600 I had him falling out a window in the office, the office bingo. 1.00

00:08:46.380 So that's a big breaking international story.

00:08:49.680 Closer to home, the Liberals, as you know, were having their cabinet retreat in lovely Prince

00:08:56.120 Edward Island.

00:08:57.760 Trudeau today issued some more word salad on the housing crisis.

00:09:01.660 Pierre Polyev, leader of the opposition, came out afterwards and was very strong and

00:09:07.860 gave some actual possible solutions to the housing crisis.

00:09:11.320 So we've got that up there now.

00:09:14.480 The CRA, which is normally used to suing people, is in fact being sued themselves in a class action

00:09:20.960 lawsuit by people who had their identities stolen during a massive breach of CRA computers

00:09:29.060 a year or so ago.

00:09:30.300 So that is up there now.

00:09:33.820 OPEC, we always knew there were a bunch of slimy people, but the former head of OPEC has

00:09:40.660 been arrested in England and charged with bribery.

00:09:44.180 So that shows you the type of people that they are.

00:09:49.460 And the International Weightlifting Federation has decided that they need to change their rules.

00:09:54.960 This is after a Canadian male weightlifter recently won a championship by entering the female side

00:10:03.000 of the competition.

00:10:03.900 And he won by lifting more than 450 pounds more than his nearest competitor.

00:10:07.940 So the Federation said, well, that's enough of that.

00:10:11.020 We're going to change that and change our policies.

00:10:13.880 So it's going to be women versus women and men versus men. 0.94

00:10:17.560 We've got a story up there on Jordan Peterson, everybody's favorite psychologist.

00:10:23.640 According to Ontario rule today that the regulator can send him for sensitivity training over

00:10:30.740 some tweets that he sent out a while ago.

00:10:34.260 And our energy expert, Sean Polzer, has got a story that Canadian oil output will be the highest in five years.

00:10:42.360 So drill, baby, drill oil as well. 0.95

00:10:45.860 And a couple of stories that we're working on will be up shortly.

00:10:49.400 A voice from the past.

00:10:50.900 You remember Calgary Catholic Bishop Fred Henry Corey.

00:10:55.520 He's retired now, but he came out.

00:10:58.500 He wrote a letter saying he's demanding the feds find out if even one residential school child

00:11:04.700 is missing and murdered perhaps all those years ago.

00:11:10.680 And some people around Kelowna are going to be happy because they've been given the all clear

00:11:14.820 to go back home after the latest wildfire.

00:11:17.760 And I'm sure they're all anxious to get back home and see what damage was caused, Corey.

00:11:22.280 I'm certain they are.

00:11:23.320 I can't imagine.

00:11:23.840 I've never had to be evacuated before, but it's got to be stressful and terrible.

00:11:27.700 I'm glad, you know, with all these fires and these evacuations and everything that's happened,

00:11:31.180 still a surprising amount.

00:11:32.600 I mean, it seems like we're erring on the side of caution because, you know,

00:11:35.580 the fires haven't swept through any really densely populated communities yet anyway.

00:11:40.300 So I'd rather they aired that way myself.

00:11:43.100 Well, after what happened on Maui a couple of weeks ago, it's obviously better safe than sorry.

00:11:49.220 That's right.

00:11:49.880 All right, Dave.

00:11:50.480 Well, thanks for the check-in.

00:11:51.780 I'll let you get back at it and I'll talk to you after the show.

00:11:54.680 Thanks, Corey.

00:11:56.240 That is our news editor, Dave Naylor.

00:11:58.140 And this is when I like to remind you, look at all those stories.

00:12:00.200 Dave is busy.

00:12:01.140 He's got stuff constantly coming up there.

00:12:02.780 It's coming up as it breaks.

00:12:04.180 Lots of opinion and all sorts of content on there, guys.

00:12:07.220 The reason we stay independent is where I nag you.

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00:12:37.180 That's part of the other thing, too, this ridiculous C-18, this stopping of links for

00:12:42.020 news sites.

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00:12:48.020 After that, they can come directly to the site, which is westernstandard.news.

00:12:51.720 But share on Facebook.

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00:12:58.740 And this is how we can beat the government regulation and allow independent media to keep

00:13:02.500 going and keep those stories rolling out there.

00:13:04.880 And there's a lot going on.

00:13:05.860 And so, yeah, that's interesting.

00:13:08.680 In Russia, it was almost an office pool.

00:13:10.880 You know, I mean, this was a guy who stood up to Putin with that Wagner group, the mercenary. 0.92

00:13:17.500 And the only question was when he was going to die and how.

00:13:21.540 It sounds like they didn't even bother trying to sugarcoat this.

00:13:23.980 They just shot him out of the sky.

00:13:25.860 You know, usually they try for an accidental death of poisoning or maybe choking at a fancy

00:13:29.900 Russian restaurant.

00:13:30.820 But no, this time they just blew him down.

00:13:32.760 There's not a good retirement plan.

00:13:34.400 And working for Russian oligarchies and other such places like that.

00:13:41.540 Let's see.

00:13:42.420 So, yeah, you know, the talk, the talk, the starting monologue, the things that are going

00:13:47.680 on, it's cost of living.

00:13:49.440 You know, we're all hurting right now.

00:13:51.320 As we said, Polyev is coming out.

00:13:52.740 He's talking about the housing.

00:13:53.960 I mean, people are having a heck of a time finding a home.

00:13:56.560 I can't imagine what it takes for a young person to get that down payment together, you

00:14:00.800 know, get your credit up to speed.

00:14:02.120 The whole works.

00:14:02.900 I mean, getting in on a house right now, way out of control.

00:14:06.140 Or renting, of course.

00:14:07.040 The rents are going through the roof.

00:14:09.500 Everything is going up.

00:14:10.580 And again, there's a lot to be discussed.

00:14:12.100 It's a lot of it comes down to oversized government. 0.74

00:14:14.200 That's what I started the monologue with.

00:14:15.620 A lot of it comes to bad policy, over-regulation.

00:14:19.880 I mean, that's a lot of it.

00:14:21.280 Whether it's home construction, like Polyev has been talking about, or whether it's in

00:14:26.500 food production.

00:14:27.200 And now, you know, sort of segueing into my guest here, because this is an area, I've

00:14:31.400 talked about it on the show before, but we don't talk about it enough.

00:14:34.100 And we've got a supply managed system in Canada.

00:14:37.740 And I'll kind of lead and save him some of the explanation.

00:14:40.140 The bottom line is dairy, poultry, eggs, they are all tightly, tightly controlled.

00:14:47.020 You can't produce over a certain amount, or even start producing, in some cases, unless

00:14:51.320 you have a government-issued quota.

00:14:53.260 Those quotas have become a commodity in themselves.

00:14:55.280 But what they do is artificially, I mean, some would say keep the price stable, but they

00:14:59.240 also keep the price high.

00:15:00.420 We pay some of the highest prices when compared to comparable countries for those sorts of

00:15:04.400 food items than anywhere else.

00:15:06.000 And those are going up.

00:15:07.780 This isn't protecting us when times get tough.

00:15:10.140 And it's one area, I think, we'll see, we'll talk to my guest about that, where maybe some

00:15:15.120 quick changes can help make some things affordable for Canadians from the government right away.

00:15:19.720 So let's bring them in.

00:15:20.760 As I said earlier at the start of the show, it's Danny Leroy, he's an associate professor

00:15:25.600 of economics, boy, that's a tongue twister, at University of Lethbridge, and specializing

00:15:31.280 in agricultural economics.

00:15:33.080 So thank you very much, doctor, for joining us today.

00:15:37.220 Oh, you're welcome, Corey.

00:15:38.220 I'm very glad to be here.

00:15:40.140 So you kind of heard me starting out in there.

00:15:43.160 Maybe if you could expand a little.

00:15:44.820 I mean, what is Canada's supply management policy and maybe a little bit of why?

00:15:49.420 Why was it brought in?

00:15:50.320 I like to think the intention was good.

00:15:53.080 Very good intentions.

00:15:54.980 Supply management was first introduced in Canada in the dairy industry in the late 1960s, the

00:16:05.240 early 1970s, and the aim of the program was to enhance and stabilize the returns to raw milk

00:16:14.640 producers.

00:16:15.100 At the time, there was a lot of price variability in raw milk, and people who produce milk tended

00:16:24.580 to be in parts of the country where alternatives weren't very good in terms of production of

00:16:30.740 other commodities.

00:16:32.440 So it was a way of providing assistance to individuals engaged in agricultural activities in challenging

00:16:43.180 areas.

00:16:43.720 The idea behind how it works is that prices for producers are determined based on cost of

00:16:55.280 production formula so that producers, most of them, have an opportunity to earn a living

00:17:03.160 and a return on their on their enterprise.

00:17:06.300 Like I said, this was first introduced in dairy in the late 1960s, early 70s.

00:17:12.340 Eggs became supply managed in Canada in 1972.

00:17:16.800 Turkeys in 1974.

00:17:19.240 Chickens in 1978.

00:17:21.700 And broiler hatching eggs in 1986.

00:17:25.540 So there's five commodities in this country that are strictly controlled in terms of their

00:17:30.780 production and the prices that producers receive.

00:17:34.800 Okay.

00:17:35.380 So, I mean, at this point, though, do we need these policies?

00:17:39.400 I mean, I have seen some papers put out and studies showing that we're paying quite a premium

00:17:44.260 for those products in Canada when perhaps, you know, if those policies were lifted, we could

00:17:49.520 see some reductions in some of our food costs.

00:17:52.840 Well, it's an interesting way you phrase that.

00:17:55.000 You use the royal we.

00:17:56.780 Do we need this?

00:17:57.800 Well, there are some producers that do, right?

00:18:02.160 Over the course of the last 50 or more years, many intergenerational farms in the supply managed

00:18:11.460 area, they've become quite dependent on the continuation of this program, right?

00:18:17.660 It enables, supply management enables them to sell a product into a protected market,

00:18:25.440 privileged market at a price that they know that they're going to receive if they meet

00:18:29.980 the specifications in terms of quality and quantity, right?

00:18:33.420 There's a, so there's, they don't have to worry about some of the risks that other producers

00:18:39.500 face in terms of marketing their commodity, right?

00:18:43.020 They don't face the same price risk.

00:18:44.700 For example, that raw milk producers or egg producers or poultry producers, they don't

00:18:50.880 face the same price risks as a, as a producer of cattle or, or grains or oilseeds do in, in

00:18:58.560 Canada.

00:18:59.700 Now, there would be some advantages, right?

00:19:02.940 If these policies were, were removed or were changed.

00:19:10.620 One of the things that is a pretty clear fact about economic science is that whenever there

00:19:18.420 is free trade between individuals, each counterparty to the transaction wins, right?

00:19:24.420 So if it were possible to remove the impediments between willing buyers and willing sellers,

00:19:29.460 there could be more wealth created in markets for raw milk, eggs, turkey, chicken, and so

00:19:35.180 on.

00:19:37.020 So, I mean, if we moved away from it, I mean, it was a bit of a trend.

00:19:40.500 A lot of nations brought in supply management policies during that time as well.

00:19:44.380 New Zealand, Australia are examples we hear about a lot.

00:19:47.460 I mean, you can't just flick a light switch and say, okay, we've stopped the policies.

00:19:50.420 It would disrupt the producers terribly.

00:19:52.940 I mean, quotas became a commodity, even an artificial one.

00:19:56.480 So they would need to be bought out or eased out of the system.

00:19:59.760 That's also, that's also a political question, right?

00:20:02.600 So the choice of subsidizing somebody to, to help them exit the industry is, is also a form

00:20:09.180 of a subsidy, but this was used and you're correct.

00:20:12.460 It was used in places like Australia, where the supply managed system that once existed

00:20:18.520 was phased out over a period of time and consumers helped to finance that.

00:20:24.920 So in view of helping farmers transition to a more open market, there is a surcharge levied

00:20:33.360 on consumers at retail level that helped finance the transition for primary producers of raw milk

00:20:41.520 in Australia, right?

00:20:42.860 So this enabled them to move with, I guess, less financial pain for the producers than would

00:20:53.420 otherwise be the case.

00:20:54.860 But it's a great example of Mansur Olson's, you know, the logic of collective action.

00:21:00.200 In these circumstances, there's a small number of beneficiaries who have a very concentrated

00:21:05.280 self-interest in maintaining the status quo, where the costs are dispersed, on the other

00:21:10.560 hand, over a large number of people.

00:21:13.500 So you were mentioning in the introduction, you know, we pay higher prices, Canadians, depending

00:21:18.600 on where you're located, pay higher prices for, for supply managed products in the grocery

00:21:24.140 store, like butter, for example.

00:21:26.180 That's one that's been in the headlines a lot and fluid milk and, and, and so on.

00:21:30.680 And yeah, we, we do, we do pay some higher prices for that, but most people are more concerned

00:21:39.160 about their mortgage payments.

00:21:41.540 So yeah, maybe I'm paying 50 cents, 75 cents more for a gallon of milk at the grocery store.

00:21:47.940 I'm not going to get too much in a twist about that.

00:21:50.360 Whereas a dairy producer, a raw milk producer would if, if a supply management was terminated,

00:21:55.740 right?

00:21:56.000 There's a big impact on, on the, on their enterprise compared to a few dollars a week

00:22:02.620 for a, a family of four consuming groceries.

00:22:07.240 Yeah.

00:22:07.720 Well, it's always though that case gets made, oh, it's just a cup of coffee a day.

00:22:11.200 It's just a little bit here and a little bit there, but that, that's what suddenly we find.

00:22:14.780 But that adds up.

00:22:16.440 It adds up.

00:22:17.340 Right.

00:22:17.640 Um, and it also adds up for the, for producers themselves, right?

00:22:23.500 So when you're insulated from, from international competition, uh, you don't fit, you don't have

00:22:28.620 the same incentives in terms of, uh, changing your business and, um, uh, in terms of processors

00:22:35.760 in Canada, uh, producing the products that consumers want, right?

00:22:40.620 If you're selling into a protected market, you don't face the same incentives as others who,

00:22:45.800 uh, who have to, who, who, who compete not with, uh, just their next door neighbors and

00:22:51.680 other processors or producers domestically, but it's international competition.

00:22:56.720 So I, uh, one takeaway is that, uh, while people often say, well, supply management has

00:23:03.560 been put in place to, uh, to help support and protect the, the, um, the, uh, the farmer

00:23:10.160 in Canada against foreign competition.

00:23:12.140 In fact, uh, these barriers to trade, uh, protect farmers in Canada from their fellow

00:23:18.680 Canadians and the, and the decisions that they would make in terms of the goods that

00:23:23.300 they would produce if they were left free to do so, if there weren't impediments to

00:23:27.260 international trade.

00:23:28.780 Well, we're right back to the beginning statements you said, you know, in a true free market,

00:23:32.420 both the buyer and the seller are going to benefit if they're just allowed to, to deal

00:23:36.180 directly with each other.

00:23:37.320 I think of back an example with the wheat board, there was a group in Saskatchewan when

00:23:42.040 we still had the wheat board going and they wanted to start actually a pasta company in

00:23:46.240 their small little town.

00:23:47.220 They were going to use their own wheat.

00:23:48.260 They were going to manufacture the pasta.

00:23:49.540 If we bypass all these middlemen, we can come up with a really good product and employ

00:23:53.500 some local people and, uh, you know, diversify what we do.

00:23:57.600 But it turns out they would have had to sell their wheat to the wheat board, buy it back to

00:24:01.220 the wheat from the wheat board at an inflated price.

00:24:03.220 And they would have lost all advantage.

00:24:05.240 So they threw the plan out the window.

00:24:07.060 But I mean, talking about with, uh, I guess, supply managed industries, it stifles creativity.

00:24:12.180 I mean, there's a lot of producers probably have some good ideas or areas where they can

00:24:15.800 broaden what they do, but they're pretty constrained with where they're sitting.

00:24:19.840 They are.

00:24:20.340 In fact, the, the only, and raw milk is the most stringent of all of them, all of these

00:24:26.560 supply managed commodities.

00:24:27.660 The only legal buyer of raw milk in every province is the provincial milk marketing board.

00:24:34.860 It's, uh, while a farmer can consume raw milk that he or she has produced on their own enterprise,

00:24:42.000 uh, they're precluded legally from selling that raw milk to anybody else other than the

00:24:47.880 provincial milk marketing board.

00:24:50.080 Um, and that's not true for the other supply managed commodities, which is why when you go

00:24:55.920 out to, uh, a farmer's market, or you might see some, uh, uh, some very small producers

00:25:02.880 that have small flocks of chicken, they can sell directly to consumers or eggs, right?

00:25:08.080 You can have a roadside stand, sell, sell farm, fresh eggs, as long as you're not of, of commercial

00:25:13.820 scale.

00:25:14.440 And every province specifies what that threshold is.

00:25:19.420 Uh, and some provinces it's, it's, it's actually quite a big number and other places it's small,

00:25:24.540 but raw milk is the only one where that, uh, opportunity for a, for a primary producer

00:25:30.380 doesn't exist to sell something that they have produced themselves, that they cannot legally

00:25:36.140 sell that to anybody else except a government agency.

00:25:39.340 Well, and that's led to cases of dumping.

00:25:42.040 I I've talked on this show about before my wife grew up on a small dairy farm, but her 0.99

00:25:45.420 father only had a quota for cream and so he would skim the cream.

00:25:49.920 He would sell that the household would drink as much milk as they could feed some to the

00:25:53.280 pigs, but the rest would get dumped because it was illegal to sell the milk. 0.94

00:25:56.880 And that was, it's illegal to sell the milk, but we want to be careful, right?

00:26:02.100 So with respect to that high profile case that fell in Ontario, who is video recorded himself

00:26:08.180 of dumping milk, uh, there probably.

00:26:11.100 There isn't a single producer in Canada that hasn't done that at one time or another, right?

00:26:16.020 There's a quality issue where the milk has to be dumped or you it's, it's the less expensive

00:26:21.500 alternative, right?

00:26:22.560 If, if producers supply more than their, their, their quota allotment, uh, they're penalized.

00:26:29.800 And sometimes that penalty is quite expensive.

00:26:32.480 So the best course of action is to, to dump a little bit now, um, in this particular case,

00:26:40.400 the timing, I suppose was very bad because, uh, uh, you know, just coming through the pandemic

00:26:46.780 and, and prices for commodities or, uh, uh, uh, prices for, for groceries were quite high.

00:26:53.460 And this poor fellow has, has to dump his milk because, uh, he's produced too much of it.

00:26:58.140 So it was, uh, the optics weren't very good, but he was making a point.

00:27:02.740 Uh, he certainly, and I mean, uh, you know, social media gives a new way to make a point

00:27:06.400 rather than, than just say, uh, or transferring the oral stories like I did with my wife, for

00:27:10.680 example.

00:27:11.540 So, I mean, getting a little into the political side though, and that, you know, that's,

00:27:14.700 it's the dairy cartels, if you want to call them such a very, very effective political

00:27:19.980 lobbyists.

00:27:20.560 They, they influence parties of all stripes, uh, they protect that supply management system

00:27:25.720 very jealously.

00:27:28.120 Uh, do you think there's ever going to be a political will to start easing out of it?

00:27:33.120 I, I interviewed all of the conservative leadership candidates back when they were running for the

00:27:36.700 leadership and only one of them said he would challenge the supply management system.

00:27:40.240 Not another, the others were all terrified as soon as it came up.

00:27:42.800 They'd rather not touch it.

00:27:43.400 No, one of the, one of the things that we do know in this country is that, uh, uh, to their

00:27:48.500 credit, they have one of the most effective lobbying organizations around, right?

00:27:54.080 Uh, and that this is manifest itself in, in some of the, uh, subsidies that the producers

00:28:00.440 are now receiving because of, uh, trade agreements.

00:28:04.700 The federal government has signed with the European union, with the trans-Pacific partnership,

00:28:09.660 and more recently, the Canadian U S, uh, free trade agreement, NAFTA 2.0, right?

00:28:16.960 Uh, producers of supply managed commodities are, are, are receiving subsidies for lost market

00:28:23.480 share, uh, as a consequence of, of signing these agreements.

00:28:28.420 When in fact, there's very little evidence to suggest that, uh, that there has been market

00:28:34.120 share that, that they've lost in New Zealand and the U S are, are currently, uh, they've got

00:28:39.720 a case that, uh, uh, the, the amount of access that's, that has been set aside, uh, isn't

00:28:46.840 being filled, right?

00:28:48.880 So, um, raw milk production this past may was set record level.

00:28:55.560 So that, you know, we're producing as much as, as we have ever have in this country of

00:29:01.220 supply managed commodities.

00:29:02.720 Uh, there's never been fewer primary producers of supply managed commodities.

00:29:07.340 There's fewer than 10,000 raw milk producers now in this country.

00:29:11.660 There's fewer than 500 dairy farms in the province of Alberta.

00:29:16.880 Uh, and there's about a, you know, a couple of thousand, uh, primary producers of the other

00:29:22.040 supply managed commodities.

00:29:23.400 So in terms of the politics, getting back to your point, there's, there's, uh, maybe,

00:29:28.260 uh, 12,000, 13,000 producers of, of supply managed commodities that wield enormous political

00:29:35.160 influence.

00:29:36.600 Well, and, and that's another aspect.

00:29:38.020 I mean, some people, uh, defenders of the supply management policy said it helps protect

00:29:41.360 the family farm.

00:29:42.240 Now I wouldn't necessarily blame supply management, but at least evolution and economies of scale.

00:29:46.820 I mean, it used to be over a hundred thousand producers, I believe a couple of decades ago,

00:29:50.560 and now it's contracted down to, as you said, about 12,000.

00:29:53.420 So they are becoming just, uh, of necessity, larger corporate enterprises, uh, the romanticized

00:29:59.280 family farms is long gone.

00:30:01.160 Yeah, I agree with you.

00:30:03.720 Well, we'll, we'll see if we can start solving these.

00:30:06.140 Like I said, a lot of people, when you, you, you talk about supply management, though, the

00:30:08.680 eyes glaze and then they tire.

00:30:10.340 And then as there's not a lot of will on the ground necessarily from the public, but it

00:30:14.200 is something that's costing.

00:30:15.800 It is.

00:30:16.720 And I think it's important to remember all the people involved.

00:30:20.560 Right.

00:30:21.600 Uh, there, there are beneficiaries of the continuation of this policy.

00:30:25.980 And there are people that do stand to lose at least in the short term.

00:30:29.480 Uh, so, um, one of the things that's really important in economics is that there isn't this

00:30:35.500 royal, we there's you and I, and each of us make our own decisions with respect to what

00:30:40.980 we produce, what we consume and whom we, we interact with.

00:30:44.840 Well, I'll have to avoid triggering you with that.

00:30:46.640 Uh, we term appreciate the correction.

00:30:51.080 And it's, it's a good, very valid point.

00:30:54.280 So, uh, before I let you go, where, where can people find your stuff?

00:30:56.740 I know you've done some work with the Fraser Institute and you're at the university of

00:31:00.180 Lethbridge.

00:31:00.740 Uh, did you write further publications or anything like that?

00:31:02.980 Um, I do on occasion, if you do, uh, uh, if you want to find me online, go to the university

00:31:09.020 of Lethbridge department of economics.

00:31:11.620 Um, I coordinate the agricultural studies program here.

00:31:15.080 And, uh, as you mentioned at the outset, one of the, my areas of interest is, uh, agricultural

00:31:21.620 production, uh, marketing and trade.

00:31:23.800 And, uh, that's certainly, uh, has, it's very important in Canada with, uh, supply managed

00:31:29.780 commodities.

00:31:30.260 And of course, in Southern Alberta, where we are, it's, it's a particularly important for,

00:31:35.200 uh, beef and for grains and oil seeds and crops grown under irrigation, lots of issues

00:31:40.860 in agriculture and agri-food and lots of opportunity.

00:31:43.440 Absolutely.

00:31:45.440 No, there's a much more than we could cover in 15 minutes.

00:31:47.560 That's for sure.

00:31:48.560 I hope we can have you on again to talk about these kinds of things down the road then.

00:31:52.000 That would be my pleasure.

00:31:53.000 I look forward to it, Corey.

00:31:54.500 Enjoy the rest of your day.

00:31:56.000 Excellent.

00:31:57.000 Thanks for taking some time with us, Danny.

00:31:58.580 You're welcome.

00:31:59.580 All right.

00:32:00.580 So that was Dr. Danny Leroy, yes, from the university of Lethbridge in there.

00:32:03.980 So you've gotten my torqued and wound up, uh, rants about supply management and things

00:32:07.740 like that, but I'm bringing in a, a reasoned and educated individual to talk about those

00:32:12.100 policies and, and they, they do impact everybody, whether we want to talk about them or not.

00:32:17.280 And it's not necessarily that dry.

00:32:18.780 It's, it's interesting to see, uh, as we said, it started with good intentions, but again,

00:32:22.560 so many bad policies always do start with, uh, I think noble intentions.

00:32:27.100 And, and, uh, it was good to have some balance pointing out there's, there's going to be, uh,

00:32:31.420 beneficiaries.

00:32:32.280 And, uh, I guess you could say, you know, people who certainly don't benefit if it changes, it's

00:32:37.600 good to see a free market person speaking, uh, from a university though, and coming out of those

00:32:42.380 spots and, and, you know, breaking a bit of that mold of what we're seeing from academia these days.

00:32:46.920 I, I guess when you're in economics and agriculture, I mean, you've got to be a common

00:32:50.380 sense grounded sort of person to, to maintain what you're doing.

00:32:53.500 And that's something that came down today.

00:32:55.160 Uh, Dave mentioned that, uh, with the news check in earlier, you know, and it kind of

00:32:58.700 ties into that Dr. Jordan Peterson, the Ontario court has, uh, upheld, uh, I guess, you know,

00:33:06.420 the, the, I don't know if you'd call it a ruling, but that you see what has happened is the cancel

00:33:10.600 mob has been trying to get Peterson for years.

00:33:13.300 You know, they hate him.

00:33:14.120 They hate him.

00:33:14.720 I mean, they're frothing, raging people.

00:33:17.660 They want to cancel him.

00:33:19.660 He dared.

00:33:20.460 This was just back when he was a professor.

00:33:22.040 All he did university of Toronto though, as a psychologist, a professor was dared when he was

00:33:26.600 mandated, people were saying, you've got to start referring to individuals as Z and Zer.

00:33:31.160 And this was back in 2016.

00:33:32.520 I guess they're ahead of their time.

00:33:33.480 I think it was 2016.

00:33:34.840 And he said, no, no, it's ridiculous.

00:33:37.560 It's stupid.

00:33:38.040 I won't do it.

00:33:39.240 And it went bananas.

00:33:40.200 They went bananas.

00:33:41.320 We're crazy on them.

00:33:42.120 How dare you?

00:33:42.680 How dare you?

00:33:43.960 And they screamed and they threatened and other professors sanctioned them and wrote up things

00:33:48.280 and demanded.

00:33:48.840 And he still, the thing that drives them so mad with Peterson is that he won't apologize.

00:33:54.600 He won't back down.

00:33:56.520 Too many do.

00:33:57.800 Too many people just cave and cower.

00:34:00.920 And he won't.

00:34:02.540 And the other part is, ironically, and I know, you know, Dr. Peterson was already a successful

00:34:07.160 professor.

00:34:07.720 But boy, it took him and turned him into an international celebrity because people found

00:34:12.840 it refreshing.

00:34:13.560 They found an academic speaking out about political correctness and speaking out against identity

00:34:18.520 politics and speaking out about how stupid it is to call somebody Z or Zer, much less to

00:34:23.960 mandate somebody to call them Z or Zer.

00:34:28.120 It's stupid.

00:34:29.400 It's stupid.

00:34:30.120 Hey, if you want to be called Z, Zer, you know, if you ask me politely, I'll say so. 1.00

00:34:33.800 I'll call you that.

00:34:34.560 Fine.

00:34:34.720 I don't care.

00:34:35.240 I'll call you an artichoke if that's your preference, but don't tell me what I have to

00:34:40.860 refer to you.

00:34:41.580 That's the big difference.

00:34:42.580 Either way, Dr. Peterson did great.

00:34:45.260 His books were selling like crazy.

00:34:47.200 He was speaking to sold out functions all over North America, around the world.

00:34:52.040 But you see, the mob couldn't relent.

00:34:54.280 They couldn't let off him.

00:34:55.220 So how can we punish this man?

00:34:57.020 How can we dare, you know, get this man who dared to break orthodoxy?

00:35:01.080 Then they realized we can go after his professional association.

00:35:04.280 You see, he is a psychologist.

00:35:06.680 He had patients.

00:35:08.160 He did do still see patients.

00:35:10.940 He's a, you know, a licensed registered psychologist.

00:35:14.140 So they went after the association.

00:35:16.480 They pressured.

00:35:16.940 They demanded.

00:35:17.520 They threatened.

00:35:18.100 They scared.

00:35:19.100 And of course, you'll get these professional associations.

00:35:21.380 They get scared fast and they get scared easily.

00:35:23.840 So they ruled.

00:35:26.860 They said, you, Dr. Peterson, must take this course on social media behavior and sensitivity

00:35:34.860 and garbage like that.

00:35:36.740 That stinks.

00:35:38.160 It rings of re-education camps.

00:35:39.920 It's thought crime.

00:35:41.480 You don't have to like what Dr. Peterson said.

00:35:43.560 But I mean, the association, the only time they should be sanctioning is if he was truly

00:35:47.360 doing something unprofessional.

00:35:49.240 If he was being a pervert online, if he was breaking laws, if he was abusing people, what

00:35:56.260 he was doing was speaking out with a view they didn't agree with.

00:35:59.520 That's all.

00:36:01.020 You got to remember these associations are populated and managed by the nutless.

00:36:05.800 I tell you, I know this from working in the oil field.

00:36:08.760 Because, you know, when you get these professional associations, even in the energy sector, private

00:36:13.440 market, and they get these industry associations and they got to hold a conference once a month

00:36:19.160 or do this and do that, you don't send your best and brightest to sit on the boards of

00:36:23.740 these associations.

00:36:24.400 You send the brother-in-law you were forced to hire because, you know, get him out of my

00:36:28.060 hair.

00:36:28.320 He's a moron.

00:36:29.080 And, you know, put him to work doing something else.

00:36:31.640 Unfortunately, when the oil companies are sending their dead weight all to these associations,

00:36:35.700 then these associations, of course, tend to be dominated and populated by morons and cowards

00:36:41.980 and things such as that.

00:36:43.400 Get the woke guy out of your boardroom and stick him out, you know, spending some time

00:36:47.260 with your professional association.

00:36:48.500 That's great until that association turns on you.

00:36:51.120 And that's what happened with Peterson.

00:36:53.240 You don't have to like what he said.

00:36:54.800 He dared to point out with an overweight woman and say, he doesn't look attractive.

00:37:00.360 Hey, some guys love the chunkier gal. 1.00

00:37:03.320 It's good for them too.

00:37:03.960 But that's his opinion.

00:37:05.520 He's allowed to have it.

00:37:07.700 And yes, he's questioned some of the trans-orthodoxy.

00:37:11.480 Either way, that led down to now the courts.

00:37:14.480 The Ontario court ruled today and said, no, they are allowed to basically say, either we're

00:37:20.280 going to pull your license, you will no longer be a practicing psychologist, or you go to this

00:37:24.440 re-education course.

00:37:26.820 Re-education.

00:37:27.640 We will drill it into you.

00:37:29.000 We will make you look at your shoes in shame.

00:37:31.500 We will tell you what you're supposed to think, and most certainly what you're supposed to

00:37:35.500 say.

00:37:36.560 And it sounds already like Peterson said, nah, get stuffed.

00:37:39.120 Not happening.

00:37:40.320 He's going to be pushing back.

00:37:41.520 But they will take away that part.

00:37:44.540 He'll be fine.

00:37:45.400 His books are selling fine.

00:37:46.960 His lectures.

00:37:47.640 It's a point of principle at this point, but it's a big point of principle.

00:37:50.240 And not everybody can afford to stand up to the council mob when they turn their head 0.99

00:37:55.160 towards you as Dr. Peterson could.

00:37:58.460 Some people can and do get bankrupted once that mob gets swirling around them, those unrelenting

00:38:04.200 hornets of self-righteous.

00:38:07.040 I got to watch for the swearing.

00:38:09.360 You know, being on the Cowboy Network and everything, we are, you know, still under the

00:38:13.360 CRTC.

00:38:14.140 So I got to behave myself.

00:38:15.380 But the court held it up, said, yes, you can take away this man's career because he

00:38:21.340 was politically incorrect online.

00:38:23.560 It's a scary precedent.

00:38:25.460 And you know, those frothing, self-important jerks who feel they should control the speech

00:38:29.540 and thought of others are just tickled pink right now.

00:38:33.840 They're going to go after others.

00:38:35.280 They're going to find others.

00:38:36.580 And they're going to ruin people.

00:38:38.760 They're bullies of the worst sort.

00:38:41.620 And as I said, they have no remorse.

00:38:43.580 They don't care who they crush.

00:38:46.260 So this was a big, big deal with that court ruling today.

00:38:50.500 Basically, it wasn't even court ruling.

00:38:51.740 They didn't even hear it.

00:38:52.580 I think they threw it out because he was challenging against it.

00:38:55.680 So yeah, we got a big problem.

00:38:57.400 And look at some of the stuff that we won't be allowed to.

00:39:00.160 Well, I don't say we.

00:39:01.500 Danny corrected me on that.

00:39:02.520 None of that we stuff. 0.99

00:39:04.380 But people won't be able to speak out without a punishment on a lot of issues when comments

00:39:09.300 since should prevail.

00:39:11.720 And that case Dave mentioned with the power lifter.

00:39:14.400 So this was in Canada.

00:39:16.400 I'm not going to beat around the bush.

00:39:17.720 It was a man.

00:39:19.160 It was an insecure, pathetic man.

00:39:22.940 He suddenly said, I'm going to identify as a woman and enter a sport that is clearly,

00:39:28.680 purely, you know, gender-wise.

00:39:30.840 There's a huge advantage to being male when you go into that power lifting.

00:39:35.560 There's no beating around the bush.

00:39:37.260 It's not a matter of opinion.

00:39:39.640 God, the loony left likes to tell us to follow the science.

00:39:42.320 Well, let's talk about science.

00:39:43.740 Men tend to be stronger than women. 0.99

00:39:45.740 Men, that's why we broke up athletic events on gender. 0.57

00:39:52.760 So this man came in, and he didn't just beat the women who'd spent all that time, did all

00:39:57.860 that work, all that dedication, training for this event.

00:40:00.880 He didn't just beat her a little.

00:40:02.740 So he lifted.

00:40:04.420 And I guess it's something where you squat and deadlift.

00:40:06.640 I don't know.

00:40:06.920 I don't do all that stuff.

00:40:07.700 You can tell by my build.

00:40:08.900 I'm sure most of the women in that event, the real women, would still outlift and beat 1.00

00:40:12.520 the snot out of me. 0.76

00:40:13.480 That's fine.

00:40:14.440 But when you're getting to the high levels of these things, you know, men who do that

00:40:18.300 similar training will outperform the women. 1.00

00:40:20.740 He outperformed it.

00:40:21.780 So by 200 pounds over the next closest woman, 200 pounds, like it just completely removed 1.00

00:40:27.620 the element of competition whatsoever.

00:40:30.500 So that's just absurd.

00:40:33.440 Yeah, 597 pounds versus the next person's 387.

00:40:37.320 What an insult.

00:40:39.380 What an insult.

00:40:40.260 And that we even have to discuss it.

00:40:42.620 That we even have to say, this is absurd.

00:40:45.700 This is unfair.

00:40:46.960 This is an actual assault against women. 0.97

00:40:49.840 This is getting towards the end game of the woke.

00:40:53.280 This is how dumb they are.

00:40:54.600 This really is.

00:40:55.240 I mean, the woke began with women back in the 60s and 70s when they weren't getting rights

00:41:01.340 that they should have.

00:41:02.160 When they were being underpaid for the same job that men were doing and things like that.

00:41:06.400 There were rights that were being abused.

00:41:09.080 Women were being left to hang if a husband took off on them. 1.00

00:41:12.640 Things like that.

00:41:14.040 But now it's come all the way around, all the way around, and the woman loses her rights 1.00

00:41:19.360 as long as a man says, you know what?

00:41:20.620 I think today I'm going to identify as a woman.

00:41:22.680 We're not even talking about somebody who's dedicated a life to being trans.

00:41:26.660 We're not talking about somebody who's had, of course, some of the surgical or drug transitioning

00:41:32.420 or any of those things changed their lifestyle.

00:41:34.440 They just have to say, sometimes you feel like a nut, sometimes you don't.

00:41:40.120 That's nuts.

00:41:40.760 That's, yeah, I'm going to lay off the nut thing for a bit here.

00:41:43.980 But, you know, self-identifying?

00:41:45.980 No.

00:41:47.260 No.

00:41:48.420 It's crazy.

00:41:49.940 And at least some of these sporting associations are saying that's enough.

00:41:53.360 But there's going to be pushback.

00:41:55.360 I'm forgetting some of the names, but, you know, the case in the States with that man

00:41:59.040 who's down there swimming and blowing all the women out of the water as far as the races 1.00

00:42:04.100 go, you know, defeating them all over the place down there.

00:42:07.960 And one of the competing women dared to speak out. 0.96

00:42:11.360 She said, this is nuts.

00:42:12.280 I can't compete with this guy.

00:42:14.880 And plus, he's standing around in the change room.

00:42:16.840 I turn around and there's male parts behind my head because this is a fully intact man.

00:42:23.800 I'm not going to call him a her.

00:42:26.660 Somebody who identifies as a her who's truly trans, wants to live that way, absolutely. 0.98

00:42:30.900 But this clown?

00:42:31.860 No.

00:42:32.160 This is an insecure, pathetic wretch.

00:42:34.100 Who couldn't make it in his own gender competitions. 0.57

00:42:37.220 He has a girlfriend, by the way.

00:42:39.840 So he thought, I'll just go beat the women. 1.00

00:42:44.120 It is almost a form of beating women, isn't it? 0.99

00:42:45.940 We saw that case, and I guess it did turn out there was some truth.

00:42:48.380 There's a guy joining a woman's rugby team. 0.75

00:42:50.360 You know, and we're supposed to deny reality.

00:42:53.840 We're supposed to say there isn't an inherent advantage.

00:42:57.220 Of course there is.

00:42:59.440 You know, the best of all was that purple-haired soccer beast from the United States.

00:43:03.640 It's, again, I'm terrible with names.

00:43:04.860 I can't remember her name, but she was the woke of the woke and, you know, heading the

00:43:08.840 American team and the works.

00:43:11.440 Yeah.

00:43:12.240 And saying, you know, on these trans issues and all the rest.

00:43:14.500 But her team, her top women's team in all of the United States, I believe they were the

00:43:19.380 top in the world at one point, got beaten by a high school team of boys.

00:43:25.060 They did.

00:43:26.040 Check it out.

00:43:26.820 Look it up.

00:43:27.440 I mean, these were highly trained women, fantastic players, but they can't step over that physiological 1.00

00:43:34.060 reality that male bodies, physiques in those kinds of sports have an advantage.

00:43:41.920 And it's ruining it.

00:43:43.820 And it's going to ruin it all around.

00:43:45.360 I mean, somebody else was talking about going into the WNBA, you know, the basketball.

00:43:49.860 Again, look at the tallest man ever and the tallest woman. 0.99

00:43:52.440 There's going to be height advantages.

00:43:54.040 It's got to come to a stop.

00:43:54.820 Now, getting back on a side rant about this whole thing, this is what the cancel crowd

00:43:59.800 comes after.

00:44:00.860 We won't be allowed to have this conversation.

00:44:03.900 Somebody saying that man shouldn't be competing against women in a sport might suddenly get

00:44:09.000 the cancel mob.

00:44:09.720 They might get phone calls to their professional association saying, sanction this person.

00:44:14.280 Put this person out of work.

00:44:15.900 Bankrupt this person.

00:44:16.760 This person doesn't deserve to earn a living because they hurt my feelings by stating physiological

00:44:23.120 realities.

00:44:23.860 And the courts, by the precedent that Ontario has set, say, yeah, that's perfectly fine.

00:44:29.720 Go on welfare, I guess, or find a new, or of course, or of course, go for re-education.

00:44:36.800 Go in, hang your head in shame.

00:44:38.380 Do like the Chinese did with the shaming. 1.00

00:44:40.180 Hang the card off your chest.

00:44:41.700 You had wrong think.

00:44:42.760 You were bad, naughty.

00:44:46.820 Change your thoughts.

00:44:47.780 You're not allowed to independently think.

00:44:49.200 You have to think with the wall.

00:44:50.160 Guys, this is important.

00:44:51.820 This is really, really important.

00:44:53.840 You don't have to like Peterson.

00:44:55.120 Not everybody does.

00:44:56.720 You don't have to agree with him.

00:44:58.760 Lots of people don't.

00:44:59.560 But protect that right for not just academics, but it's pretty important with the academics,

00:45:05.420 but for everybody to speak out on these things.

00:45:08.720 You don't understand.

00:45:09.640 This mob will turn on you.

00:45:11.600 They'll turn on you.

00:45:12.520 They will eat their own.

00:45:13.480 They will eat the woke. 0.96

00:45:14.240 It doesn't matter if you try to pander to them.

00:45:17.000 It doesn't matter if you try to, you know, stay woke.

00:45:20.280 You slip even once.

00:45:21.960 They will eat you alive.

00:45:23.400 They're parasites.

00:45:24.460 They're hyenas.

00:45:26.940 And the courts are affirming these hyenas, and it's disgusting.

00:45:30.800 We've got to speak up, guys, because they will come for you.

00:45:33.880 They will come for you.

00:45:35.380 So we can't sit quietly on these things.

00:45:38.300 Well, that kind of eats up a lot of the time today, guys.

00:45:42.700 So, yes, it went fast.

00:45:44.620 Thank you very much for joining me.

00:45:45.780 Look, I've got to remind you one more time.

00:45:47.460 Get on there, westernstandard.news slash membership.

00:45:50.200 Take out a subscription.

00:45:51.620 Share it on X.

00:45:53.340 Share however you can on Facebook.

00:45:55.700 Things like that.

00:45:56.440 Meta.

00:45:57.120 Get the word out.

00:45:58.760 Independent media can still shine through.

00:46:01.760 We don't have to lose to the subsidized media,

00:46:06.060 and we can keep talking about things that the other outlets are just too cowardly to address,

00:46:11.880 and we can have these kinds of conversations.

00:46:13.700 So thanks for supporting us, guys.

00:46:15.360 Thanks for joining me today, and I will see you all again next week at this time.

00:46:19.140 Here's an update on commodity prices in Lethbridge, where we've had about an inch of rain over

00:46:23.700 the past few days.

00:46:25.140 Tash barley is down $5 at $3.65.

00:46:28.020 Feed wheat is steady at $3.79, and corn is down $5 at $3.76 per metric tonne.

00:46:33.240 In the milling wheat market, September Minneapolis futures added $9.5 at $7.83 per bushel,

00:46:40.080 with local hardwood spring bid for August movement at $10 per bushel.

00:46:44.100 Looking at canola, November futures are higher at $6.40 at $8.02.40 per tonne,

00:46:49.580 with delivered vice for September movement at $1,785 per bushel.

00:46:53.700 In the pulse markets, nearby red lentil prices remain at $0.33 per pound,

00:46:57.940 and yellow peas are trading at $10.20 per bushel.

00:47:00.180 And looking at cattle, October live cattle are up $0.35 at $1.78.30 per hundred weight.

00:47:07.380 For more information on pricing or picked up options, give me a call at 403-394-1711.

00:47:14.320 I'm Matt Busakum at Marketplace Commodities.

00:47:16.720 Accurate, real-time marketing information and pricing options.

00:47:20.840 Canadian Shooting Sports Association.

00:47:22.840 Without the CSSA, our gun rights would have been taken long, long ago.

00:47:27.200 These guys are on the front lines, helping to draft smart and intelligent firearms regulations and legislation in Canada.

00:47:35.080 And more importantly, educating the public about how we keep guns out of the hands of the wrong people.

00:47:40.400 To become a member, it's absolutely worth every penny.

00:47:43.160 Thank you.

00:48:10.480 you

00:48:10.980 Thank you.

Western Standard - August 23, 2023

Cory Morgan Show. Austerity is inevitable

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