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Liberal Spending Spree- Carney Debt Disaster Incoming · Radio Baloney - The Richie Baloney Show!

• 0:00
  Speaker 1: The Parliamentary Budget Officer says that he's expecting a ninety
• 0:04
  Speaker 1: two billion deficit. Just to put that into perspective, it
• 0:07
  Speaker 1: was supposed to be forty two billion under Trudeau. That
• 0:10
  Speaker 1: was Trudeau's plan. So Mark Kearney announces Liberal government will
• 0:17
  Speaker 1: go on a five billion spending spree to revive the economy.
• 0:23
  Speaker 1: Canada's deficit is about to get much bigger than we expected. Well,
• 0:27
  Speaker 1: shall we hear him talk about? This is jibberish. I
• 0:30
  Speaker 1: keep saying I've been saying all along, and this was posted,
• 0:34
  Speaker 1: I guess by mister Sunshine Baby. But I've been saying
• 0:38
  Speaker 1: all along since the election that his goal is to
• 0:41
  Speaker 1: extract every penny out of Canada and max out the
• 0:45
  Speaker 1: National credit Card to throw into the green boondoggles, the
• 0:49
  Speaker 1: carbon capture, windmill, whatever boondoggles, all companies that he's connected
• 0:54
  Speaker 1: to in some way, and use Canada as his net
• 0:58
  Speaker 1: zero laboratory. See him talk, Let's let's well, let's sorry,
• 1:02
  Speaker 1: let's hear him. Lie.
• 1:05
  Speaker 2: The second major initiative that we're announcing today is a
• 1:09
  Speaker 2: new five billion dollar Strategic Response Fund to help Canadian
• 1:15
  Speaker 2: businesses adapt, diversify, and build that new economy.
• 1:19
  Speaker 1: This where is all this money going to come from? Well,
• 1:22
  Speaker 1: we know where he's going to max out the national
• 1:24
  Speaker 1: credit card. Let's see, here's Canada's national debt here when
• 1:29
  Speaker 1: did Trudeau get in? So this is the start of
• 1:31
  Speaker 1: the liberal regime, the ten the decade long liberal era
• 1:36
  Speaker 1: right here. Now that's not zero the bottom here and zero,
• 1:39
  Speaker 1: it's that's eight hundred billion national debt. Now it's up
• 1:44
  Speaker 1: at well as of twenty twenty four one point five trillion.
• 1:50
  Speaker 1: That's a trillion with a T, so that's almost doubled.
• 1:54
  Speaker 1: And that now with this year, with Carnie's deficit, which
• 1:58
  Speaker 1: is projected by the Parliamentary Budget Officer to be ninety
• 2:02
  Speaker 1: two billion. Yeah, it'll be double. It will be double,
• 2:06
  Speaker 1: fully double what it was when Trudeau got in. Now
• 2:10
  Speaker 1: this is a problem because we're already spending a billion
• 2:13
  Speaker 1: dollars a week just servicing the interest on the national
• 2:17
  Speaker 1: debt in Canada. Hey, that is more than the provinces
• 2:22
  Speaker 1: get in transfers healthcare transfers. That's crazy. The Parliamentary Budget
• 2:29
  Speaker 1: Officer says that he's expecting a ninety two billion deficit.
• 2:33
  Speaker 1: Just to put that into perspective, it was supposed to
• 2:35
  Speaker 1: be forty two billion under Trudeau. That was Trudeau's plan.
• 2:39
  Speaker 1: It's looking like it's going to be more than double that.
• 2:44
  Speaker 1: This is insane while we're going into recession. This is nutty.
• 2:50
  Speaker 1: This guy is supposed to be a brilliant economist. Well,
• 2:53
  Speaker 1: it's not like we weren't warned. It's not as if
• 2:56
  Speaker 1: we weren't warned. I mean, there were some people who experience,
• 3:00
  Speaker 1: serienced his expertise in the UK when he was Governor
• 3:04
  Speaker 1: of the Bank of England, and they did warn us.
• 3:06
  Speaker 3: Well, Mark Conney was Governor of the Bank of England
• 3:09
  Speaker 3: and under his tenure too much money was printed, which
• 3:13
  Speaker 3: did damage to the British economy and put our economy
• 3:17
  Speaker 3: off track. He at the last election endorsed Rachel Reeves's
• 3:21
  Speaker 3: economic policy. She's now become Chancellor. It's been a disaster
• 3:25
  Speaker 3: for Britain. The country is heading for bankruptcy. So I
• 3:29
  Speaker 3: would strongly recommend not backing Mark Carney or his policies
• 3:33
  Speaker 3: on net zero, which had been disastrous for Britain, would
• 3:36
  Speaker 3: be disastrous for Canada.
• 3:38
  Speaker 1: Unfortunately, the media in Canada didn't show it to anybody,
• 3:43
  Speaker 1: and you know, very few people took the initiative to
• 3:46
  Speaker 1: find it out for themselves. All right, let's continue.
• 3:49
  Speaker 2: Fund has three core objectives. First tell businesses pivot to
• 3:56
  Speaker 2: new products and markets. Secondly, to retrain and retain skills
• 4:02
  Speaker 2: and production here in Canada. And thirdly, to make what does.
• 4:05
  Speaker 1: That to retrain what into like the net zero future?
• 4:10
  Speaker 1: What does this mean?
• 4:11
  Speaker 2: Take car businesses globally competitive?
• 4:16
  Speaker 1: So what he talks about making our businesses globally competitive.
• 4:20
  Speaker 1: What he's talking about is now this totally failed global plan,
• 4:24
  Speaker 1: the g fans, the you know, Global Climate Alliance, burdening
• 4:29
  Speaker 1: Canadian businesses with heavy carbon taxes and with all kinds
• 4:33
  Speaker 1: of expensive regulatory measures and refitting. That's what he's talking about.
• 4:39
  Speaker 1: It's a fantasy, it's not real. It's going to crush
• 4:42
  Speaker 1: Canadian businesses. But in his bizarre unicorn net zero imagination,
• 4:49
  Speaker 1: this is a good idea. Well, it'll be a good
• 4:52
  Speaker 1: idea for the companies, for the green boondoggle companies that
• 4:58
  Speaker 1: the Carnige government is going to funnel all of Canada's
• 5:01
  Speaker 1: wealth too, And of course he'll be connected to them
• 5:04
  Speaker 1: in some way as well. So yeah, it doesn't look
• 5:06
  Speaker 1: good in Canada. Looks like a big mistake, looks like
• 5:10
  Speaker 1: Canada made a big mistake. Oh well, anyway, that's all
• 5:15
  Speaker 1: i'm gonna say about that. Please like, share, and subscribe.
• 5:18
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• 5:21
  Speaker 1: I will see you next time.