00:07:22.520And then, and then we send those members of parliament to Ottawa and among them, and then the side that has the majority forms government and the side that forms government, uh, in the house of commons, then chooses among themselves, who's going to be the prime minister.
00:07:41.000And then the Prime Minister has fundamentally not much different powers than all the other members of Parliament.
00:07:48.600And then our House of Commons makes laws and passes bills based on a majority.
00:07:56.680And at any time, if one side gets voted, loses the confidence of the, if the governing side loses what's called the confidence of the House of Commons,
00:11:04.340But so they elect all their representatives and the president.
00:11:08.140Then two years later, they go back to an election, but two years later in that second election in the president's term, all the representatives are up for grab.
00:11:18.920They all have to try and get reelected, but the president is not.
00:11:22.580So that's what happened in the U.S. on Tuesday, two days ago, is that all the representatives had to run again for their position.
00:11:33.040And that's where they say that the House flipped.
00:11:35.180so the president stays but now in in the second half of his term the house is more democratically
00:11:44.600leaning than republican they have more members so now the house is going to continue and make laws
00:11:50.940so the american house will continue to pass laws but in all likelihood a lot of those laws if they're
00:11:58.080if they don't come to a nice consensus trump can just veto it and scrap those laws so when the house
00:12:04.320now starts working they kind of and and this is all designed this was all designed you know 250
00:12:10.400years ago the americans who wrote the constitution thought of all these kinds of things this this
00:12:16.400they they created a system completely different than the westminster system that we have on
00:12:21.760because they balance powers in a very different way and um so that's important right so so that's
00:12:29.360what happened last week the the house changed but the president doesn't and that kind of changes
00:12:34.340the dynamics going forward because now um in order to make law in order to pass laws the democrats
00:12:41.980who control have to do have to pass laws that are kind of appeal to trump otherwise he'll just
00:12:47.280veto them and and um so that that that's one thing so that so the the midterms in essence
00:12:57.580act as a kind of a really good gut check to the government.
00:14:36.020But if you do the math, you know, 343 divided by 40 million divided by 343, it's about that.
00:14:42.800It's about, you know, 50, 70,000 per MP, whereas the Americans are in the 700,000 range.
00:14:48.240so that would mean that like uh if can't if alberta was a state we'd have like five or six
00:14:54.940members uh representatives and and what do we have now in the house of commons like 30 uh 34
00:15:01.740so a big um a big difference there all right so and and and because of that because of the
00:15:10.680the way the americans vote every two years what happened on tuesday was not entirely
00:15:20.600unexpected and uncommon there's been a lot of almost every president in the last
00:15:27.80020 years that i've been that i've been following politics has lost the midterm in meaning that
00:15:34.040you know there's been a major change to the to the balance of power in the house of representatives
00:15:39.480It happened to Obama. It happened to Clinton. It happened to George Bush. It happened to all of them. It even happened to Biden. So and some people are trying to make a big something out of Trump, you know, making it a victory for the other side.
00:15:57.400It is a victory. Sure, it's a victory. But is it but it's not an unexpected victory and it's not a total condemnation of what he was doing.
00:16:05.840Now, I think me personally speaking, I mean, I'm not an American. I don't live in the U.S.
00:16:11.400And I do know this about Americans. They're not as interested in in in our politics as perhaps we are in theirs.0.51
00:16:19.240And that makes sense. Right. They're they're they're 13 times bigger. They're the elephant in the room.
00:16:23.500And some people said that, oh, the tariffs against Canada were hurting Americans and that's how they reacted with this vote.
00:16:36.140I think it comes down to some much simpler things.
00:16:39.120Definitely Americans were not happy with the war against Iran dragging on and jacking up the price of oil.
00:16:46.460They definitely weren't happy about $6 gasoline.
00:16:51.460gasoline like every every nation every place has their own sort of sacred cow the americans don't
00:16:57.420like expensive fuel i wish i knew what our sacred cow was i don't know what it is it's um you know
00:17:03.420we seem to endure a lot of suffering and um and and keep re-electing the people who uh cause that
00:17:11.300suffering but i think for the americans it was it was a combination of those things and it was one
00:17:16.480thing i mean i think they were sending a message to trump which is um you're you're not listening
00:17:24.660to us or you're going too far and so he's gonna i think he's gonna have to um well in the u.s they
00:17:31.840have an interesting term so once once this happens to a president in the second half of his second
00:17:38.120term they call it a lame duck president right so basically the president in the u.s right now can't
00:17:43.020do a lot of things because he'll all he can do is veto a bunch of new bills that get passed or he
00:17:50.080can keep using his executive powers to to like tariffs tariffs or tariffs were done with an
00:17:56.840executive power they're not something that was voted in their house of representatives trump
00:18:00.900can literally just say i'm imposing a tariff on on uh whatever aluminum and so he can keep doing
00:18:07.100that so the the house of representatives doesn't have the ability to reverse the tariffs but but
00:18:12.040back to what I was saying. Trump is limited in what he can do. John, I always like doing this.
00:18:19.320We don't get a lot of these. We got a super chat. And so can you just bring it up? And I'd like to
00:18:23.240be able to read it. So JP, Alberta First, $5 super chat says, yes, we would have five or six
00:18:30.360representatives, but we would have two senators. And so would Ontario have two senators. Yeah,
00:18:35.400yeah. So thanks, JP. I didn't bring up the whole balance of power. The US also has a second house
00:19:25.020Impeachment is how they try and like that's their tool for saying we don't you've lost the confidence of our of the House and and we want you gone and you should resign kind of thing.
00:19:35.420They're going to go down that path, which is ugly.
00:19:37.500I don't even think they'll be successful down that path because they don't have their two-thirds majority.
00:19:41.800I mean, they have a majority in the House, but it's not a super majority.
00:19:44.640So impeachment is not necessarily available to them.
00:19:48.480I personally hope that Trump spends more time just listening, taking this as his own wake-up call,
00:19:58.040listening to what the people really want, focusing on ending that war in Iran and bringing costs down
00:20:05.320and maybe advancing some of the things he'd been doing
00:20:07.660and make sure that another Republican president gets elected.
00:20:14.880I think that's the number one thing I'd like to see.
00:20:17.320I still think that the U.S. and Canada does better
00:20:22.160when there's a Republican president next door than a Democrat.
00:20:27.140But the other question then this week was,
00:20:32.200And I think I've already answered that.
00:20:34.980It doesn't mean much. Right. So Trump has Trump doesn't need to reverse tariffs.
00:20:42.340I also don't think the Democrats want to reverse tariffs because a lot of the tariffs that are imposed on Canada are for things that we've you know, that are they want to bring back jobs to the U.S.
00:20:53.140They're imposing tariffs on us to protect because they're worried about us cozying up with China and the Democrats and the Republicans agree on that.
00:21:01.620Right. Down in the U.S., China is is viewed as a bad guy.
00:21:06.480The tariffs. So I don't think I don't think the tariffs are going to go away.
00:21:13.020I don't think any politician other than maybe Doug Ford yesterday, Doug Ford was the only one who seemed to stand on stage saying, hey, I I'm glad to see Trump defeated.
00:21:24.520Everybody else was being pretty diplomatic about it.
00:21:43.720Although it's already softening up a little bit
00:21:46.480and we keep hearing talks of the trade negotiations
00:21:50.720still being ongoing and stuff like that.
00:21:52.780So, I mean, that's all I got to say about, because I don't follow American politics much closely either. I've always said I kind of like what Trump was doing. But it was a wake up call for him. And I think a lot of politicians around the world right now have been getting wake up calls, including here in Canada.
00:22:15.620we had eb a couple of weeks ago and i think danielle better pay attention to what happened
00:22:20.520at the referendum and and so forth and so forth so that that that's my thoughts on uh the u.s
00:22:27.580election uh what what kind of comments any special comment go ahead folks like call again
00:22:32.840i guess some fair enough i think some of you folks yeah it's kind of the format right i talk
00:22:38.840i do a bit of a monologue at the beginning and then and then after that we'll take some call
00:22:43.660So consider my monologue on the U.S. election done. I'm not let me summarize it. I'm not entirely surprised. It's it's expected that their system works that way. The there's a generally a nice it keeps the powers in balance and it prevents one side from getting too crazy.
00:23:03.100So I like that about the American system. It's not unexpected. It's not unusual. Trump lost some seats in the House of Representatives, but it's nowhere near the record. There's been other presidents that have lost way more than he has. I don't think it fundamentally changes Trump's strategy.
00:23:24.600He's still the president, and he's got his plan, and he's going to try and do it.
00:23:29.340Besides, by the way, if Trump changed strategy every time he got defeated, he wouldn't be who he is, right?
00:23:35.860He's the kind of guy who—and maybe I'll bring that up.
00:23:39.480That's one part of this weekend, of the election, that still makes me nervous.
00:23:48.040There is a wokeism that has taken over Western society. And we're taking progressivism too far in many instances, way too far. And then there's the establishment, right? We see that all the time.
00:24:07.800There's an establishment in the world, like big, big, powerful families, big, powerful groups like the World Economic Forum and people at the top of the UN and people in government all over the world.
00:24:21.560There's an establishment. There's an establishment here in Canada.
00:26:24.580Awesome. I wanted to cover this today, but what's your thoughts on that? Lethbridge seems to be in the center of a bit of a storm when it comes to the redrawing the Alberta electoral boundaries. Are you are you caught up on that? Am I catching you off guard or do you have a thought on the electoral boundaries?
00:26:39.640no i i think it's a good thing i mean my personal politics are reasonably conservative and what it
00:26:47.420looks like to me is they're taking a lot of the land surrounding left bridge and combining it
00:26:52.220with more rural communities in order to dilute the conservative vote i mean i know that i think
00:26:57.960it's elections canada that recreates the boundaries but uh i like it but that's because it agrees with
00:27:03.820my politics right right okay fair enough fair enough okay well appreciate the call luke thanks
00:27:08.340for calling yeah no problem you too um yeah um yeah that's i mean uh yeah we'll see we'll see
00:27:17.920where where the tariffs go i mean i think uh both sides have already kind of adopted to the tariffs
00:27:23.220anyways they're built into everything uh the economy's moving along things are going but
00:27:29.080but uh let me go back so i was talking about the establishment right and and how that was one thing
00:27:34.300that scared me so first of all i said donald is not uh donald's been fighting hard and uh he gets
00:27:42.700knocked down and he keeps on fighting and and i've always said i really consider donald to be
00:27:48.040not part of the establishment and that's one of the reasons he gets attacked so hard right
00:27:52.760he he's disrupting uh and that's why you got guys like carney talking about the new world order
00:27:59.300and the European Union, like there's been a battle.
00:28:02.460I mean, Americans have been a dominant powerhouse
00:28:28.680And I've always and I'm always worried. I'm glad I'm glad he got you know, he took a punch and he's staying up and he's good because I've always said if they can get to Donald Trump and the establishment can fight him, then what hope is there for all of us?
00:28:45.460I just saw it. I'll bring it up again. I saw the independence movement in Alberta. It was an example of a populist group against the establishment. Look at what the other side did to us.
00:42:39.760now right off the bat on top of the budget they give a theme to every budget and this year's theme
00:42:45.460they already let us know what it is um it's written in french and in english but in french
00:42:51.040it's a maître chez nous which is masters at home and um he he it's yes we saw the cover of the0.56
00:42:59.980budget we haven't seen the budget itself masters at home which is already pissing off all the0.88
00:43:05.180quebecers it's pissed off the premier it pissed off the leader of the bloc quebecois and pissed
00:43:09.280off a whole bunch of other people because masters at home was a math was a hugely popular uh rallying
00:43:16.560cry in quebec in the 1960s so before before the you know like after the quiet revolution in quebec
00:43:25.520and when they started building the big dams up in uh uh james bay and and all the power infrastructure
00:43:31.840and the saint lawrence seaway and all that other good stuff when like when quebec after its quiet
00:43:37.120revolution that was a big big slogan for the masters at home and so the quebecers are not happy
00:43:42.960that of that cultural appropriation that carney used that um so what so we'll see uh what do i
00:43:51.040expect right now from the budget we've all heard this uh and i'll just go through it quickly
00:43:56.400carney has announced some like uh the parliamentary budget officer has been keeping
00:44:00.640track of all of Kearney's promises, right? The Alto train, the rail cars for VIA, the
00:44:07.920expanded power dams in Quebec and in Labrador, the six icebreakers, the pipeline for Alberta,
00:44:19.160LNG, you name it. All the upgrading the harbor in Thompson, Manitoba, all of those promises
00:44:27.220are in the trillion dollar range so money we don't have sorry i wish i had a little bit of
00:44:34.180water here but so we all it's all it's already been telegraphed the budget is going to have a
00:44:40.020huge huge huge deficit in there but carney's going to try and sell it to you and me uh doing two ways
00:44:49.580He's going to he's he's already trying to break out operating expenses and capital expenses.
00:44:56.980So he's he's saying he wants to he almost wants two budgets.
00:45:00.760He's going to want the budget, the operating budget, which is the embassies, the salaries of people, the Canada Pension Plan, EI, you know, health transfers.
00:45:11.320He's going to say that's the ongoing budget.
00:45:16.040I'm keeping that, you know, there's no deficit there.
00:45:18.640That's what he's going to try and make you believe. And then he's going to say, and I got the separate budget, which is the capital spending budget. And this is where I'm borrowing money and I'm investing. He's going to call it investing for the future. So watch out for that. But at the end of the day, he's borrowing money and borrowed money is is money that we don't have.
00:45:39.160And the debt, like prior to Trudeau, between whatever, 1867 and 2015, like the country accumulated something like six hundred billion dollars in debt.
00:45:49.700It's just huge number. Right. Trudeau doubled that in just the 10 years that he was in power to like one point two trillion.
00:45:56.320And now Carney's about to double it again in a matter of like three or four years.
00:46:00.100So that's a scary number. Right. The debt is money we don't have.
00:46:03.380and you'll see in the but and and the way he's going to keep trying to sell us on the idea
00:46:08.580listen to him very carefully he's going to say the debt is manageable and he's going to use a
00:46:14.860measure like he's going to say the debt to gdp the debt to the gross domestic production
00:46:19.900is lower than everybody else but pay attention because he's not going to say debt to gdp
00:46:25.940Carney started saying debt net debt to GDP and he'll say our net debt to GDP is lower than anybody else in the G7 which is not true by the way but it's also playing with games because how does he achieve net debt he's reducing Canada's debt by the gross debt by adding by subtracting the Canada pension funds and other funds right there's a Canada there's money put aside for the Canada pension plan.
00:46:55.380And there's also money for the civil service pensions and military pensions and RCMP pensions and things like that.
00:47:03.140So he's netting out some of the debt by saying, I have these funds.
00:47:07.520Those funds are not his. He can't borrow against those funds.
00:47:10.800He can't use those funds as collateral.
00:47:13.300Those are monies that are being held in trust for pensioners, for people like you and I.
00:47:18.100So that's a nasty game that he's playing.
00:47:19.800And he's also playing the game of decreasing the debt by using some sleigh of hands.
00:47:27.060And he's also cheating on the GDP, the gross domestic production.