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610 CKTB| No, Alabama isn't Better than Canada · Kvetch & Release

• 0:00
  Speaker 1: You know, the bomb shelter was full of people. Was wow.
• 0:03
  Speaker 1: It was just a really great piece of radio. All right.
• 0:06
  Speaker 1: Now we're joined by another regular voice, John Lydkey is
• 0:09
  Speaker 1: with us. He always is a great storyteller. John. Good morning,
• 0:13
  Speaker 1: Good morning.
• 0:14
  Speaker 2: How you doing.
• 0:15
  Speaker 1: I'm doing good. Hey, listen, I'm really glad you brought
• 0:18
  Speaker 1: this up. I saw that story that you're about to
• 0:20
  Speaker 1: tell us about. It was in the Globe and Mail
• 0:23
  Speaker 1: and they were trying to tell us that Alabama was
• 0:26
  Speaker 1: doing better and was wealthier than all of Canada. And
• 0:32
  Speaker 1: I scratched my head and I said, what what is
• 0:34
  Speaker 1: this all about? Can you straighten up this whole mess?
• 0:38
  Speaker 2: You know, this has been a specific brand of Canadian
• 0:43
  Speaker 2: economic mass soochism, currently trending in our circles, in our cities.
• 0:47
  Speaker 2: You've seen these headlines, You've heard the fundits. It's the
• 0:50
  Speaker 2: Alabama argument. People are looking at spreadshoots from early this
• 0:54
  Speaker 2: year and they see that the GDP in Alabama for
• 0:57
  Speaker 2: Kapada has it roughly fifty five thousand dollars US, the
• 1:02
  Speaker 2: same as Canada roughings. And they're now having a collective meltdown. Gene.
• 1:07
  Speaker 2: They're all screaming. They're like chickens with their heads cut
• 1:09
  Speaker 2: off going. It's the heart of Dixie that has it right, Jane,
• 1:13
  Speaker 2: the Great White North, they've done it wrong.
• 1:15
  Speaker 1: Okay, give us the reality check.
• 1:18
  Speaker 2: Yeah, can we just be clear here yet? Argument bunk.
• 1:21
  Speaker 2: It's not just wrong, this is a category area error.
• 1:26
  Speaker 2: Comparing a soburn nation Canada, or even a region like
• 1:29
  Speaker 2: yours Niagara to Alabama on a single line on a ledger,
• 1:34
  Speaker 2: that's like comparing a Volvo to a stock car because
• 1:38
  Speaker 2: they both have four tires. It's a bunk argument. One
• 1:42
  Speaker 2: of those cars is built for safety and longevity, the
• 1:45
  Speaker 2: other it's built to go fast, and yeah, they occasionally
• 1:48
  Speaker 2: crash into a wall. Listen, we're talking about a mirror
• 1:53
  Speaker 2: universe here. Sure the numbers look the same on paper,
• 1:56
  Speaker 2: but the lived reality this is night and day. Gene.
• 1:59
  Speaker 2: I mean, I don't need to speak with you about this,
• 2:02
  Speaker 2: but God bless you brought me on the radio, so
• 2:04
  Speaker 2: I suppose I will see Alabama. Sure they're a factory engine, right,
• 2:07
  Speaker 2: they got aerospace giants in Huntsville, automotive clusters going on
• 2:11
  Speaker 2: on their coast. But the engine that's currently sputtering under
• 2:15
  Speaker 2: this Trump two point zero with their tariff The irony
• 2:18
  Speaker 2: is is that they're a magus strongold but they're the
• 2:21
  Speaker 2: ones getting walloped by the trade policies. They rely on
• 2:24
  Speaker 2: over thirty billion dollars of imported machinery. So these twenty
• 2:28
  Speaker 2: five percent reciprocal terriffs that we see on the border,
• 2:31
  Speaker 2: they're not just turning us, they're hurting them too. So yeah,
• 2:34
  Speaker 2: they're a passenger on an American federal ship. But Canada,
• 2:38
  Speaker 2: we've got sovereignty. We're a nation, we're not a state.
• 2:42
  Speaker 2: We can pull our own levers when it comes to trade, currency, immigration.
• 2:47
  Speaker 2: It's to all buffer the shock. We see the friction
• 2:50
  Speaker 2: on the border, and you see it as well. I mean,
• 2:52
  Speaker 2: you're a border community, lord knows. But unlike Alabama, we've
• 2:55
  Speaker 2: got actual tools to be able to fight back. So
• 2:57
  Speaker 2: the question is do we have a spine to do it?
• 2:59
  Speaker 2: It seems like yes right now.
• 3:02
  Speaker 1: Welcome you talk about when we were, you know, just
• 3:06
  Speaker 1: seeing this up about the housing illusion.
• 3:10
  Speaker 2: Yeah, and this is the big thing, right, I mean,
• 3:13
  Speaker 2: if you talk about the Alabama dream, it sounds great
• 3:15
  Speaker 2: on a spreadsheet, right, it sounds like it's affordable. But
• 3:18
  Speaker 2: on the surface, when you actually dig into the numbers,
• 3:21
  Speaker 2: it is a gut punch to Canadians. Their median home
• 3:24
  Speaker 2: right now in Alabama is two hundred and eighty four
• 3:26
  Speaker 2: thousand US. Convert that to ours, that's four hundred thousand.
• 3:30
  Speaker 2: Our national average six hundred and fifty three thousand. So yeah,
• 3:33
  Speaker 2: that's the sixty eight percent premium just to stand on
• 3:36
  Speaker 2: Canadian soil. But you have to be able to identify
• 3:41
  Speaker 2: what asset is better. I mean, I've always referred to
• 3:45
  Speaker 2: Windsor Ontario, I Lean Niagara as well. You know, you're
• 3:49
  Speaker 2: the best gated community in the United States. You've got
• 3:53
  Speaker 2: you know, you've got a border, you've got gated security,
• 3:56
  Speaker 2: and you don't have to worry about it, but you
• 3:57
  Speaker 2: get all the benefits of crossing the border. This is
• 4:00
  Speaker 2: the safety tax that we have. We pay a premium
• 4:03
  Speaker 2: living in a country with a strong economic counterpart on
• 4:06
  Speaker 2: the other side of the border. But we don't have
• 4:08
  Speaker 2: to worry about going bankrupt because you have a heart attack.
• 4:10
  Speaker 2: Gene and Alabama. Sure you might get a cheaper house,
• 4:13
  Speaker 2: but if you're one bad diagnosis away from the collection agency,
• 4:17
  Speaker 2: does that house capital actually matter to you? If you
• 4:21
  Speaker 2: know it's going to cost you three four hundred thousand
• 4:23
  Speaker 2: dollars because you need to get a you know, triple
• 4:25
  Speaker 2: bypass or something. We choose this tax that we have
• 4:30
  Speaker 2: that they choose the financial shock when it actually hits them. So, yeah,
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  Speaker 2: we're trapped in a real estate sinkhole right now. And
• 4:37
  Speaker 2: Alabama is investing in its machinery and we're trading our
• 4:41
  Speaker 2: semi detached homes like they're Dutch tulips. But our debt
• 4:44
  Speaker 2: to income ratio is sidering at a staggering one hundred
• 4:47
  Speaker 2: and seventy five percent. So we're a country of millionaires
• 4:50
  Speaker 2: on paper who can't afford to buy coffee sometimes, it seems.
• 4:54
  Speaker 2: But I'd much rather trade that for what Alabama deals with.
• 4:59
  Speaker 1: You also have of something you call the morg stats.
• 5:02
  Speaker 1: What does that mean?
• 5:04
  Speaker 2: Yeah, you know, and this is the thing, so trying
• 5:08
  Speaker 2: to just dismantle this myth entirely. Look at my backyard
• 5:11
  Speaker 2: here in Windsor, right, we're gritty, we're industrial. You guys
• 5:15
  Speaker 2: have similar things, not completely the same though, in terms
• 5:18
  Speaker 2: of the auto sector as big as it is. But
• 5:21
  Speaker 2: look to Huntsville, I mean in Alabama they call it
• 5:23
  Speaker 2: rocket City, and sure they've landed six billion in pharma plants. Well,
• 5:27
  Speaker 2: we're fighting for every scrap of investment and trying not
• 5:30
  Speaker 2: to lose. But here's my reality check. If I could
• 5:33
  Speaker 2: give you in windsor Are homicide count we can usually
• 5:36
  Speaker 2: count on one hand. In Alabama, their homicide rate is
• 5:40
  Speaker 2: eight times higher than ours. Their firear mortality rate it's
• 5:45
  Speaker 2: twenty five per one hundred thousand. In Canada it's two.
• 5:50
  Speaker 2: So you want to talk about economic success, success doesn't
• 5:53
  Speaker 2: mean much, Gene if you're afraid to go walk to
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  Speaker 2: the corner store at night. Alabama is a model. It
• 6:00
  Speaker 2: optimizes for corporate capital, but it's at the absolute cost
• 6:04
  Speaker 2: of human life.
• 6:06
  Speaker 1: I'm still wondering why the Globe and Mail even wrote
• 6:08
  Speaker 1: this in the first place. You know, I was scratching
• 6:11
  Speaker 1: my head when I was reading it, and it was
• 6:12
  Speaker 1: kind of like, what's who came up to the editor
• 6:15
  Speaker 1: and said, I got the story idea, you know the pitch,
• 6:19
  Speaker 1: I don't. I don't know why the pitch was was cut.
• 6:22
  Speaker 2: You know this is Lord knows. I get most of
• 6:26
  Speaker 2: my sources and news from social media. But if you're
• 6:30
  Speaker 2: not willing to be you know, decisive, I suppose look
• 6:36
  Speaker 2: at it with a journalistic view. It's easy to you know,
• 6:39
  Speaker 2: just hear what people are saying, and this sounded like
• 6:42
  Speaker 2: a pretty good argument. Wow, Canada bad, Alabama good? Who
• 6:46
  Speaker 2: would have thought that Alabama rednecks, Canada socialists? How could
• 6:51
  Speaker 2: this happen? But it only takes just a little bit
• 6:53
  Speaker 2: of actually digging in the surface. But if you're more
• 6:56
  Speaker 2: than willing to just get the clicks, then I think
• 7:01
  Speaker 2: that probably speaks Well.
• 7:03
  Speaker 1: You know what I say on the show, and I
• 7:05
  Speaker 1: say it all the time, Question everything you see on TV,
• 7:08
  Speaker 1: Question everything you hear on the radio, including me, And
• 7:12
  Speaker 1: question everything you read in the newspapers, because yeah, there
• 7:16
  Speaker 1: are agendas and you have to be able to read
• 7:20
  Speaker 1: in between the lines and figure them out. So I
• 7:23
  Speaker 1: thank you for breaking this one down.
• 7:25
  Speaker 2: Well, I tried to, and Geene, I always like to
• 7:28
  Speaker 2: say on the radio, I've been wrong before and I'm
• 7:31
  Speaker 2: going to be wrong again in the future, But that
• 7:33
  Speaker 2: doesn't discount what I think I'm saying at this moment.
• 7:36
  Speaker 1: Now, listen, you're a Jewish Jewish man celebrating puhum. I
• 7:40
  Speaker 1: don't know if you caught Adam in the bomb shelter yesterday,
• 7:43
  Speaker 1: but he was in another bomb shelter last night, and
• 7:45
  Speaker 1: I just played a bit of the video. They were
• 7:47
  Speaker 1: partying the brains out in a Tel Aviv bomb shelter
• 7:49
  Speaker 1: last night, and I'm going to talk to him in
• 7:51
  Speaker 1: about forty minutes, so you should stay tuned for that one.
• 7:54
  Speaker 1: He's quite the guy.
• 7:56
  Speaker 2: Yeah, Adam, he's great. And I'll just I'll leave you
• 7:58
  Speaker 2: with this very quickly. A good friend of mine messaged
• 8:01
  Speaker 2: me and said, listen, they don't need to be drunk
• 8:04
  Speaker 2: to be dancing right now in that bomb shelter, but
• 8:07
  Speaker 2: the likelihood that they're probably drunk on perm and dancing
• 8:10
  Speaker 2: in the shelter, it's probably a high priority and it
• 8:13
  Speaker 2: makes sense. God bless them. I wish everyone safety in
• 8:17
  Speaker 2: the region and throughout the world. And thank you so
• 8:19
  Speaker 2: much always providing an opportunity to speak to you.
• 8:22
  Speaker 1: All right, John, I was great to have you on man,
• 8:24
  Speaker 1: great storyteller. You have a great day. We'll be talking
• 8:27
  Speaker 1: to you later in the week or next Tuesday.
• 8:29
  Speaker 2: Look forward to it.
• 8:29
  Speaker 1: Cheers all right, John lett Keeth, it's coming up to
• 8:32
  Speaker 1: the te