00:01:39.080I log in in the morning and I'm looking at news.
00:01:41.960I go to websites like Stats Canada to see their updates.
00:01:44.980I used to go to this. I used to get a Stats Canada update at 630 in the morning. Now it's at 730. Then after that, I'd go look at the stock market and look at the stock market at 730. Now I got to go look at it at 830. So it's, you know, it's creating some some some confusion for me. And then we had things like the budget, the budget's coming out this afternoon at four o'clock Eastern. Well, that's not to my time now. That's three my time.
00:02:11.380um i don't know i i i i i'm on the fence on in terms of uh of the time change i guess um i
00:02:21.960fundamentally i do like it when we have uh the daylight is more towards the morning versus the
00:02:29.220evening um but uh not my choice i guess so all right um apart from that um i'm looking at the
00:02:38.580screen yesterday i was doing another podcast and somebody was complaining because apparently my
00:02:42.960poppy was on the wrong side my poppy was always on the on the correct side it's over the heart
00:02:47.520but on the podcast that i was doing yesterday uh the software had mirrored my image now speaking
00:02:54.780of poppies it is it is remembrance it's officially remembrance week i always thought like remembrance
00:03:02.780i didn't know that remembrance was a week or very specific i always started wearing a poppy you know
00:03:08.560sort of around halloween kind of thing um but now it's very specific and and then i noticed today
00:03:15.980coming into calgary i was walking i was on the train first of all then i was walking downtown
00:03:21.100and i i like i was doing a mental count in my head maybe five percent of the people have poppies
00:03:28.060that's it i don't know hopefully it goes up over over the course of this week but but then at this
00:03:35.000point, I'm willing to give people the benefit of the doubt. One of the things that happened with
00:03:38.500poppies, unfortunately, is, you know, remember, there used to be the boxes were everywhere,
00:03:43.260and you just put your coins, and they were all over the place. Well, people aren't carrying
00:03:46.340coins. And I think that's part of the problem, right? You see the box of poppies, and you don't
00:03:50.620have a coin. I think some people are solving that problem by bringing, you know, those card readers
00:03:56.200or whatever. But so keep that in mind this week, you know, if you're coming for a walk, going to
00:04:01.080the bank you know and the poppy boxes are usually in common places like that like at the bank
00:04:05.760tellers and at your convenience stores and things like that so this week maybe do a little extra
00:04:11.060effort to I know most of you just use credit cards and debit cards but throw throw throw five
00:04:16.400loonies in uh in your pockets or some change or whatever and then go buy yourself a poppy okay
00:04:22.540especially at this time um with uh here in Alberta with the tragedy that happened at uh Wainwright
00:07:07.580So in any writing, you can have five, six people,
00:07:10.440and whoever gets the most vote of those five or six or two people or three,
00:07:14.660gets elected as a member of parliament now in now in principle we could we could elect members of
00:07:21.200parliament that don't belong to any parties but they do belong to a party let's be realistic
00:07:25.040and then and then we send those members of parliament to ottawa and among them and then
00:07:30.040the side that has the majority forms government and the side that forms government uh in the house
00:07:38.680of commons then chooses among themselves who's going to be the prime minister and then and then
00:07:44.400And the prime minister has fundamentally not much different powers than all the other members of parliament.
00:07:51.780And then our House of Commons makes laws and passes bills based on a majority.
00:07:58.920And 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,
00:08:12.160then either we go to another election or the other side gets asked to form government.
00:11:07.180But so they elect all their representatives and the president.
00:11:10.980Then 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.
00:11:21.740They all have to try and get reelected, but the president is not.
00:11:25.440So 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.
00:11:35.880And that's where they say that the House flipped.
00:11:38.020So the president stays, but now in the second half of his term, the House is more democratically leaning than Republican.
00:11:50.860So now the House is going to continue to make laws.
00:11:54.100So the American House will continue to pass laws.
00:11:57.260But in all likelihood, a lot of those laws, if they don't come to a nice consensus, Trump can just veto it and scrap those laws.
00:12:06.000So when the House now starts working, they kind of, and this is all designed, this was all designed, you know, 250 years ago. The Americans who wrote the Constitution thought of all these kinds of things. They created a system completely different than the Westminster system that we have on because they balance powers in a very different way.
00:12:27.700and um so that's important right so so that's what happened last week the the house changed
00:12:34.440but the president doesn't and that kind of changes the dynamics going forward because now
00:12:39.440um in order to make law in order to pass laws the democrats who control have to do have to pass laws
00:12:46.900that are kind of appeal to trump otherwise he'll just veto them and and um so that that that's one
00:12:54.940thing. So the midterms, in essence, act as a kind of a really good gut check to the government.
00:13:07.860It's a good balance, right? So if you're unhappy with the way that the government was going,
00:13:12.720you don't have to wait four years. They can start having some change after two years. So it's a
00:13:18.200pretty cool tool, I think. Now, I want to do, while I'm talking about this, I want to do just
00:13:24.640a really quick interesting comparison because it's going to affect one of the other things i
00:13:28.640want to talk about today which is we're we're in the process of uh adjusting the number of seats in
00:13:33.120alberta but don't quote me exact unless john can find a diagram i don't know if john can find a
00:13:38.640diagram if you can find a result of the election in the u.s or something like that but our our
00:15:04.660So a big, a big difference there. All right. So and and and because of that, because of the the way the Americans vote every two years, what happened on Tuesday was not entirely unexpected and uncommon.
00:15:25.580There's been a lot of almost every president in the last 20 years that I've been that I've been following politics has lost the midterm, meaning that, you know, there's been a major change to the to the balance of power in the House of Representatives.
00:15:42.260It 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 of of Trump, you know, making it a victory for the other side.
00:16:00.240it is a victory sure it's a victory but is it but it's not an unexpected victory and it's not a
00:16:05.460total condemnation of what he was doing now i think me personally speaking i mean i'm not an
00:16:12.500american i don't live in the u.s and i i do know this about americans they're not as interested in
00:16:18.860in in our politics as perhaps we are in theirs and that makes sense right they're they're they're
00:16:24.02013 times bigger they're the elephant in the room and and some people said that oh the tariffs
00:16:30.000The tariffs against Canada were hurting Americans, and that's how they reacted with this vote.
00:16:39.000I think it comes down to some much simpler things.
00:16:41.980Definitely Americans were not happy with the war against Iran dragging on and jacking up the price of oil.
00:16:49.940They definitely weren't happy about $6 gasoline.
00:16:55.200Every nation, every place has their own sort of sacred cow.
00:16:59.400The Americans don't like expensive fuel.
00:17:02.200I wish I knew what our sacred cow was.
00:17:19.560I mean, I think they were sending a message to Trump, which is, you're not listening to us or you're going too far.
00:17:30.460And so he's going to, I think he's going to have to, well, in the U.S. they have an interesting term.
00:17:35.800So once this happens to a president in the second half of his second term, they call it a lame duck president, right?
00:17:43.380So basically, the president in the U.S. right now can't do a lot of things because he'll all he can do is veto a bunch of new bills that get passed or he can keep using his executive powers to to like tariffs.
00:17:57.460Tariffs are tariffs were done with an executive power.
00:18:00.580They're not something that was voted in their House of Representatives.
00:18:03.560Trump can literally just say, I'm imposing a tariff on on whatever aluminum.
00:19:27.840Impeachment 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.
00:19:38.220They're going to go down that path, which is ugly.
00:19:40.500I don't even think they'll be successful down that path because they don't have the two-thirds majority.
00:19:44.640I mean, they have a majority in the House, but it's not a super majority.
00:19:47.480So impeachment is not necessarily available to them.
00:19:51.120I personally hope that Trump spends more time just listening, taking this as his own wake-up call,
00:20:00.440listening to what the people really want,
00:20:03.420focusing on ending that war in Iran and bringing costs down
00:20:08.180and maybe advancing some of the things he'd been doing
00:20:10.500and make sure that another Republican president gets elected.
00:20:17.740I think that's the number one thing I'd like to see.
00:20:20.720I still think that the U.S. and Canada does better
00:20:25.000when there's a Republican president next door than a Democrat.
00:20:29.160But the other question then this week was, what does this mean for Canada?
00:20:35.040And I think I've already answered that.
00:24:10.640There'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.
00:24:24.420There's an establishment. There's an establishment here in Canada.
00:29:54.260Like they were trying to, they were mentioning to me last night
00:29:58.080sort of broken promises that Trump made.
00:30:03.700And the one that kept coming up is the Epstein files.
00:30:07.480Do you guys really think that the Epstein files are a deal breaker?
00:30:12.200Like, you know, do you absolutely need to know what's in the Epstein files?
00:30:17.820I mean, this is what I'm going to say.
00:30:19.520I think there's a bunch of bad people and perhaps even some innocent people that went to visit the Epstein Island.
00:30:26.080Right. It's a it's a it's a big club and we're not in it.
00:30:29.300Celebrities like to, you know, hang out with other celebrities.
00:30:35.320If somebody said, hey, you know, we're flying to this island, it's in the Bahamas, blah, blah, blah.
00:30:39.620I think, I think, I think there's a, and I think at the end of the day, there's a lot of names on the Epstein file from both sides, right? If there was only Republicans, then the Democrats would have brought it out a long time ago. And if it was only Democrats, the Republicans would have brought it out. But there's names from both sides. And revealing that list is sort of a mutually agreed destruction kind of thing. And so it didn't come out. Now, some people are pissed off because they want to see who's on the list.
00:31:04.580um i don't know what's your thoughts i mean i i'm okay not knowing who's on the list maybe we'll
00:31:10.280know you know 30 years from now but uh but i don't think that was a deal breaker go ahead
00:31:15.660caller where are you calling from oh hi good afternoon marty it's uh gordon calling hey gordon
00:31:22.140hi uh yeah just in regards to the election yeah i don't think it changes much i think uh i think
00:31:28.560Trump is going to forge ahead with his attack on the globalists.
00:31:33.440And I think what he needs to do, though, is he needs to wrap up Iran and Ukraine really quick0.53
00:31:40.720so that they can concentrate on doing what he needs to do, satisfying the American people.0.78
00:31:47.440And this week or the last couple of days, yeah, they've been talking about some sort of rift before J.D. Vance and himself.
00:32:44.880And now I read something this morning that they're saying it's a clock watch for Rubio's resignation so that he can go concentrate on his campaign.
00:33:09.240I mean, that's sort of like why they choose those guys as vice presidents and then they get groomed.
00:33:14.380But for me, one of my favorites, and actually I thought he did brilliantly in this, like there were some upsets, right, in the by-elect, or not the by-elections.
00:33:23.400There were some upsets in the midterms, right?
00:35:15.360So they're trying to clean it up and then they'll let us know what's going on.
00:35:18.740Because if it was working really properly, you and I wouldn't be,
00:35:23.700we wouldn't need to ask these questions.
00:35:26.080We should be able to just go to a website and see, you know,
00:35:29.760the constitution and who the directors are, right?
00:35:32.700And so I think that was a big oops on their partner trying to fix it.
00:35:36.660Now, when it comes to Dennis Moodry, even if even if the system was working, I think Dennis properly stepped back and would have stepped back no matter what, because he has his own he has his own legal issues right now.
00:35:53.760And again, I don't know what they are, but, you know, he he was the executor of somebody's estate and they got it got sort of ugly.
00:36:01.300And I think he did the right thing by literally stepping back.
00:37:41.760I was a vice president and president of companies.
00:37:45.680And, yeah, you spend an incredible amount of time, you know, in front of lawyers signing documents because, you know, meeting minutes and everything has to be done by the book.
00:37:55.420And then, you know, you got to elect people and do it.
00:43:04.520Masters at Home, which is already pissing off all the Quebecers,
00:43:08.800it's pissed off the Premier, it pissed off the leader of the Bloc Québécois
00:43:11.800and pissed off a whole bunch of other people
00:43:13.160because Masters at Home was a hugely popular rallying cry in Quebec in the 1960s.
00:43:22.480So before, before the, you know, like after the quiet revolution in Quebec and when they started building the big dams up in James Bay and all the power infrastructure and the St. Lawrence Seaway and all that other good stuff, when like when Quebec, after its quiet revolution, that was a big, big slogan for the masters at home.
00:43:43.900And so the Quebecers are not happy that of that cultural appropriation that Carney used that.
00:43:49.620um so what so we'll see uh what do i expect right now from the budget we've all heard this
00:43:56.620uh and i'll just go through it quickly carney has announced some like the parliamentary budget
00:44:02.620officer has been keeping track of all of carney's promises right the alto train um the the the rail
00:44:08.840cars for via the the expanded power dams in quebec and in labrador um the the six ice breakers
00:44:19.340the pipeline for Alberta, LNG, you name it.
00:44:23.600All the upgrading the harbour in Thompson, Manitoba,
00:44:29.120all of those promises are in the trillion-dollar range.
00:46:13.320He's going to say the debt is manageable and he's going to use a measure like he's going to say the debt to GDP, the debt to the gross domestic production is lower than everybody else.
00:46:25.700But pay attention because he's not going to say debt to GDP.
00:46:29.220Carney started saying debt, net debt to GDP.
00:46:33.440And he'll say our net debt to GDP is lower than anybody else in the G7, which is not true, by the way.
00:46:39.240But it's also playing with games because how does he achieve net debt?
00:46:44.560He's reducing Canada's debt by the gross debt by adding, by subtracting the Canada pension funds and other funds, right?
00:46:55.540There's money put aside for the Canada pension plan, and there's also money for the civil service pensions and military pensions and RCMP pensions and things like that.
00:47:05.920So he's netting out some of the debt by saying, I have these funds.
00:47:13.580He can't use those funds as collateral.
00:47:16.160Those are monies that are being held in trust for pensioners, for people like you and I.
00:47:20.940So that's a nasty game that he's playing.
00:47:22.640And he's also playing the game of of decreasing the debt by by using some sleigh of hands.
00:47:29.900And he's also cheating on the GDP, the gross domestic production.
00:47:35.340Those numbers came out this week and same thing.
00:47:37.720They go, oh, look, it's inching up. It's like two percent growth year over year.
00:47:41.900But they're they're adding government spending and like the more people you can make the GDP of our country go up just by adding immigrants,0.99
00:47:50.600which which makes sense now right do you understand why we're adding immigrants0.99
00:47:55.080and so so the debt's going to be ugly um he's going to make a whole bunch of promises that go0.51
00:48:01.980out into the future i and i think you're going to see an announcement that he it's it's been
00:48:09.340telegraphed already he wants to increase immigration again because he has no choice we've talked about
00:48:14.760this a lot immigration temporarily solves a lot of problems that they have but it's a long-term
00:48:19.580bad solution. Go ahead, caller. Where are you calling from?
00:48:23.760We'll just say from now on when I call you, I'll say
00:48:26.040it's Rimby Rick. All right. How's it going today?
00:48:28.900What's on your mind? Yeah, good. You know what? You're
00:48:31.860covering so much stuff here. But one of the things you also
00:48:34.800didn't mention was about him moving pension money
00:48:37.820around. He just moved the union pension money around
00:48:40.980and he's trying to transfer that into the thing.
00:50:06.500What she's going to do, she's a bigger climate zealot than him.
00:50:10.980Yeah. And then and then and they sold it to us by saying, well, she's the expert on climate or whatever.
00:50:16.120Can you believe it? But if you're like, yeah, no, now you're making my heart rate.
00:50:22.660I apologize, Marty, but I think that he went and did these deals in the Caribbean this early this week.
00:50:32.500And that announcement of that little deal that they're doing there with those islands, because you go to them and say, you guys don't have a lot of money.
00:50:39.660you're not uh you're not very you don't have a lot of uh of an economy but we've got an idea
00:50:45.100for you and look what you can make and we're building this and you can buy in and then we get
00:50:49.900your uh votes at the un right remember he was the climate envoy before uh at the un when before so
00:50:58.300yeah he's not changing he's not changing his stripes like i've said that so many times i mean
00:51:03.260he's he's already told us what he's going to do and i think we need to believe him
00:51:06.780um you brought up by the way you brought up a good point and i'm sorry folks i i a lot of people say
00:51:13.340this i talk about a lot of subjects every week it it is you know my my list is long i almost could
00:51:20.260have a daily show but that would be too taxing on me so i apologize if i bring up a lot of issues
00:51:25.280every week yeah derek we need two shows a week let's just try two shows a week and then if we
00:51:32.160can grow from there yeah yeah if marty has time maybe we should try to work it in well we also
00:51:37.760talked about a 90 minute show which might be uh the thing in the new year i might switch to 90
00:51:42.580minutes okay yeah oh there you go that'll give you more time you know what what you might be
00:51:47.240able to do marty that's not a terrible idea just sit balling with you for a second you do what you
00:51:52.100want but if you did a 90 minute show you could actually have say the first half hour is going
00:51:57.740be my monologue and we don't do calls then you could shift into your one hour where you do still
00:52:02.620talk and take calls but then you could actually frame it and you could actually get all those
00:52:07.980things you wanted without being interrupted interesting awesome yeah yeah cool all right
00:52:12.860well i'll let you go just in case i got another yeah as far as though i wanted to touch on also
00:52:19.100though uh don't tease us on the non-confidence possibility uh but this eu associate member thing
00:52:26.060I think that Smith and Dorkson and Mo need to get right beside Clement Donk on a stage
00:54:08.220She was on that little town hall with Ezra and actually said when it comes to national security, Arctic stuff or things, those are national things.
00:54:18.700When it comes to resources and students and stuff, like them saying they're going to be able to bring students across, that's education.
00:57:41.400But if the Olympic committee says, no, you can't come, I think that's different. And so and I see I see a similarity here. These are young kids that play hockey. OK, so don't punish the kids who play hockey because of the stupid decisions of Putin and Zelensky and Carney and others. Let the kids come and play hockey.
00:58:03.160I want the best to come and play hockey.
00:58:06.720So I'll bring this up next week again because it ties into immigration.
00:58:12.420It ties into a whole bunch of other things.
00:58:14.800I never even talked about the by-elections.
00:58:18.280I'll have time to talk about the by-elections next week.
00:58:21.120I think they are important because they're on December 7th and there's six by-elections.
00:58:25.840So it could be an opportunity for Carney to either secure his majority or maybe lose a little bit of his majority.
00:58:31.880so who knows um we'll go from there next week all right again um
00:58:38.400these we can't bring you this kind of content without subscription you guys are so important
00:58:46.220to us uh right now john i i think the is the uh halloween promotion done or still good
00:58:55.280thumbs up or thumbs down oh sorry folks the halloween promotion is done that makes sense
00:59:00.360i mean halloween was last week so we're back to the regular promotion which is a hundred dollars
00:59:05.860a month or hundred dollars a month ten dollars a month hundred dollars a year and again the content
00:59:12.020here i was at an event we had our own in-house um uh staff meeting last week and then derek awarded
00:59:20.180a couple of prizes to some of the staff members here for the best stories of the year and we all
00:59:25.500had a great laugh but i was also it was cool to be with the whole team uh including our reporters
00:59:31.960that are in edmonton and we got reporters from ontario and people in bc and stuff like that
00:59:37.300and to see all the great stories that are brought uh that these guys are digging into and it takes
00:59:43.680time and it takes a bit of resources to do that and it's not possible without uh you guys
00:59:48.500subscribing so uh appreciate that appreciate everybody who called in today another great
00:59:53.800show we'll see you next week uh same time and then i guess we'll talk about the actual details