00:01:24.280All right, well, we're going to be talking about the war between Israel and Iran and the United States, the implications there, Canada's reaction to it, and the broader West's reaction to it, the politics going on around it.
00:01:43.060uh and also the the local effects what this what the war means for canada and in particular for
00:01:48.740alberta does danielle smith regret tape not tabling her budget just a few days later as
00:01:54.740oil goes to wartime levels uh but we're going to start first with a curious decision of the
00:02:02.940federal government wasn't even a court decision just decision federal government uh to give
00:02:07.520vancouver away sort of maybe opening the door to having to give it away um musqueam first nation
00:02:14.480i guess had laid claim to van not metro vancouver and quite an area around it uh fishing rights and
00:02:23.460whatnot and ottawa just said yeah sure have it and this is uh started squabbles now with some
00:02:29.320other uh indigenous groups in the area i think um it was it was the one that was fighting this
00:06:22.120If I'm living in Vancouver now, hey, is somebody going to back my $4 million mortgage?
00:06:26.160You know, it's, as Derek says, some of the priciest real estate in the world, and a lot of money involved here.
00:06:35.760Nigel, I can't imagine how the federal government could backstop every mortgage in Vancouver.
00:06:42.780That'll also then open up, we're not talking, that'd be a gargantuan enterprise to undertake.
00:06:47.580I mean, you'd end up having taxpayers backing some mortgages that probably should not be backed, even if you didn't have a land claims issue.
00:11:35.500However, we have a judicial system that rewrites the rules on the fly.
00:11:42.100Nobody could have predicted this Cowichan decision last year.
00:11:46.120If you go through the thing carefully, you find that the judge was quite creative in
00:11:50.460her interpretations and indeed used a lot of native language as a politeness to the
00:11:57.000other side suggesting um some people have suggested she might be a little sympathetic to them
00:12:03.160so you get a judge with a very different idea about whether the treaties were ever
00:12:08.820fairly negotiated in the first place and just says that doesn't count anymore guess what calvary
00:12:15.900edmonton are you listening well i'm aware of it i'm going before a judge on june 30th on a uh
00:12:21.860indigenous uh uh canadian canadians are just they're just sheep it's frustrating why isn't
00:12:28.500there marches in vancouver of all these homeowners saying hands off our land right i mean you know
00:12:36.340i would think maybe at some at the moment at some point yeah at some point it's got to happen but
00:12:42.100it could happen quicker than people think well let's stop that from happening because people
00:12:46.980People will, you know, look at all the, you know, the elbows up types, you know, they're defending, you know, they've got these big home values, they're voting kind of status quo political parties, you know, their vote for Carney and stuff. People do not mess around when it comes to their homes. It's their biggest overwhelming number of people. It's the biggest asset if they have a home.
00:13:05.420the feds are not going to allow it to happen so what you probably would see is just couching
00:13:11.420times a million where okay the feds come in and they start backstopping it we're going to continue
00:13:16.980to socialize this cost out to people across canada canadians across the country are going
00:13:22.880to be forced to carry the mortgages of people in vancouver if say all of vancouver flipped over i
00:13:28.400mean that seems almost dystopian but i mean it happened on a small scale with blocks of vancouver
00:19:45.760October 7th never would have happened without loads of Iranian help going into Gaza for years to get them armed up and trained up and able to hit as they are.
00:19:56.820No, there's a very direct connection between Iran and Hezbollah, because they're both radical revolutionaries.
00:22:33.340And he is on the record saying we are mere weeks away since 1995.
00:22:37.940I was 10 years old, is at least as far back as it goes, saying literally weeks away.
00:22:44.100If nothing had been done to Aaron over all these years, they probably would have had one by now.
00:22:48.240Well, gents, I've got a rather different take on this.
00:22:50.460And I don't think any of you are, I don't think you're actually wrong.
00:22:55.380It's just that you haven't perhaps explored whether this isn't really about Iran, but is about China.
00:23:05.560China is basically has colonized Iran in the sense that it has created a forward operating base in the Middle East, sitting right on top of 80 percent of the world's oil supplies.
00:23:19.340You might recall that very recently, the Yanks pulled Maduro out of Venezuela.
00:24:55.920It is to diminish American power in the area
00:24:59.760and elevate Chinese power around the world.
00:25:02.780So I would make the point to you that this is about dismantling and disrupting this emerging Chinese power projection before it becomes permanent, rather than solely about the Israel-Iran conflict.
00:25:20.740and I admit that it is partly to do with that
00:28:24.900sounds great. I like the pagers. Hey, we actually
00:28:27.140sold you the device to blow your nuts off
00:28:29.300And here you are. You put that in to oppress your own people, but we've hacked it so that we can track your own leadership around the streets.
00:37:46.860But, you know, the Iranians are now hitting all these Gulf countries that host American bases to try and get them to put pressure on the Americans to call this off.
00:37:56.700And that is now starting to do serious damage to the oil infrastructure around there.
00:38:01.360So even if this war is over in 14 days or something, and it's not looking like it will be right now, but who knows, even if, if serious damage is done to the infrastructure over there, as much as I might think this is not a good war, we might come out ahead because oil infrastructure over there being seriously damaged, that will have knock-on effects for some time.
00:38:25.220Yeah, I think that's a reasonable expectation
00:38:27.820that Alberta can only do well out of this.
00:38:31.740It's kind of crass to point it out, but...
00:38:34.220Alberta secretly started this war to save the budget.
00:38:36.940Yeah, so what was Danielle Smith doing that weekend anyway?
00:39:06.180That's a very particular type of weapon that you wouldn't waste on an oil tanker.
00:39:10.020You'd be looking for aircraft carriers without one.
00:39:13.620But they can actually do the damage they want to do with drones that cost a couple of hundred thousand dollars a copy.
00:39:19.820And, you know, the most sophisticated anti-aircraft defense system that you can build sort of can handle a number at a time, but a swarm of a couple of hundred? No. That's the leverage they have.
00:39:35.800So obviously, what we're seeing now is strikes on Iranian territory, along the coasts of the strait, particularly, to just isolate and eliminate the launching pads for these things.
00:39:50.620Well, and these things, the Iranians, I mean, they're launching different kinds of missiles here, but a lot of the ones they're launching, they cost about a quarter million dollars a pop to build.
00:39:59.320I mean, to the average person paying taxes, that seems like a lot of money, but that is cheap like borscht.
00:41:32.800it one of the big winners that may may or may not come out of this is the ukraine they were
00:41:39.120they were getting pounded by iranian made drones given to russia and now that pipeline has dried
00:41:47.840dried up they're not getting russia's not getting anymore the iranian drones so that uh that will
00:41:53.440work well for the for ukraine uh and yeah it's you know i was talking to a friend in government
00:42:02.320yesterday you know a hundred dollar oil is not out of the question if this all goes to hell
00:42:07.620i mean yeah there's so many ways we can follow this now but the ukraine war is it's been had
00:42:15.140like three very distinctive phases you had an initial kind of blitzkrieg phrase phase where
00:42:19.400the russians were going to rush it with tanks and aircraft and most people thought it would succeed
00:42:23.900it did not then you had kind of a trench war then you went backwards the world war one style
00:42:28.280trench warfare now you're into very innovative drone warfare uh i mean the instagram reels are
00:42:35.000wild to watch this we've never seen warfare like this but it's been pioneered in ukraine and now
00:42:41.800we could see it um it's difficult this is bombarding drones but you want to bet that
00:42:48.040the ukrainians sorry the uh the iranians have certainly built kind of anti-personnel drones
00:42:54.120So that, you know, say if the Kurds start coming over, maybe they want to fight a typical kind of asymmetrical insurgency against the Iranian regime.
00:43:03.480I'm betting the Iranians have probably learned from the Ukrainians now because the Iranian drone technology is cheap and effective and they're watching what's happening in Ukraine.
00:43:12.160This would be drone warfare again, second drone war going on.
00:43:16.360If it's still available. It may have been bombed out of existence by the Americans.