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Look Inside Yourself Rosie Mark Carney Disastrous Blind Trust Answer · Radio Baloney - The Richie Baloney Show!

• 0:03
  Speaker 1: As I've been saying, Mark Kearney has had a cap
• 0:06
  Speaker 1: it's if he's been coronated. It's been handed to him.
• 0:09
  Speaker 1: He hasn't had to fight for anything to become PM.
• 0:12
  Speaker 1: He's just been failing upwards since he was Chairman of
• 0:15
  Speaker 1: the Bank of England. But he's had a very easy
• 0:17
  Speaker 1: time of it. The media up until this point, up
• 0:22
  Speaker 1: until this has not laid a hand on him. They
• 0:25
  Speaker 1: just apparently decided that this is this guy's our meal ticket.
• 0:28
  Speaker 1: He's not going to cut our funding, You'll probably double it.
• 0:30
  Speaker 1: This is the guy he's not had to fight. But
• 0:34
  Speaker 1: I've been predicting that things are going to get rougher
• 0:37
  Speaker 1: for him once he's actually Prime Minister all of a sudden,
• 0:40
  Speaker 1: that's when it gets tough. That's when you're under scrutiny,
• 0:43
  Speaker 1: that's when you've really got to answer questions. So let's
• 0:46
  Speaker 1: take a look at this. This is where you start
• 0:49
  Speaker 1: to see. This is where Mark Carney perhaps is starting
• 0:52
  Speaker 1: to realize everybody's not going to be quite as nice
• 0:56
  Speaker 1: to him as he as he had hoped, as they
• 0:57
  Speaker 1: had been so far. Robin Herbert says, someone get Mark
• 1:01
  Speaker 1: Carnius Niggers.
• 1:02
  Speaker 2: Uh oh, mister Kearnie, Stephanielevit's Globe and Mail.
• 1:06
  Speaker 3: We understand that you have.
• 1:07
  Speaker 2: Now placed your assets in a blind trust, so you
• 1:09
  Speaker 2: don't know what's happening to them going forward, but you
• 1:13
  Speaker 2: knew what they were going into that blind trust. So
• 1:16
  Speaker 2: what are they.
• 1:18
  Speaker 3: Look, Stephanie. I follow the rules of the Ethics Commissioner.
• 1:24
  Speaker 3: I am following them well in advance of any of
• 1:26
  Speaker 3: the requirements, as you know, because I know you know this.
• 1:31
  Speaker 3: You know that these requirements come into effect in months.
• 1:36
  Speaker 3: We're talking days after I became Prime Minister. So I'm
• 1:40
  Speaker 3: complying with the rules of the Ethics Commissioner, going through
• 1:43
  Speaker 3: the processes and all those things that are necessary.
• 1:46
  Speaker 2: And we will say that those assets should be publicly
• 1:48
  Speaker 2: disclosed within one hundred and twenty days, which means you'll
• 1:51
  Speaker 2: campaign in a coming federal election most likely within the
• 1:54
  Speaker 2: next one hundred and twenty days, and are serving as
• 1:56
  Speaker 2: Prime minister now with Canadians not being aware of what
• 2:00
  Speaker 2: potential conflicts of.
• 2:01
  Speaker 3: Interest possible conflict whould you have Stephanie. Stephanie, I'm complying
• 2:05
  Speaker 3: with the rules.
• 2:06
  Speaker 1: All of a sudden, All of a sudden, it's not
• 2:09
  Speaker 1: quite so easy for him anymore.
• 2:11
  Speaker 3: I'm complying with the rules in advance.
• 2:17
  Speaker 2: Conflict of interest.
• 2:19
  Speaker 3: Yes, the prov sector.
• 2:22
  Speaker 2: There's no possible conflict of interest in your assets. It's
• 2:26
  Speaker 2: very difficult to movie.
• 2:29
  Speaker 3: Look inside yourself, Rosemary.
• 2:31
  Speaker 1: I mean you look inside yourself, Rosebery, Look inside yourself, Rosebery.
• 2:40
  Speaker 1: Oh boy, this is not gonna go well.
• 2:43
  Speaker 3: Start from a you start from a A prior of
• 2:48
  Speaker 3: conflict and ill ill ill will.
• 2:53
  Speaker 1: I A prior of conflict and ill will. Huh, because
• 2:58
  Speaker 1: he's finally starting to get some real questions and some pushback.
• 3:03
  Speaker 1: A prior of that ill will, he says, ill will
• 3:07
  Speaker 1: conflict and ill will. As I said, this is not
• 3:10
  Speaker 1: going to go well for Mark Carney.
• 3:12
  Speaker 3: I have served in the private sector. I have stood
• 3:15
  Speaker 3: up for Canada. I have left my rules in the
• 3:19
  Speaker 3: private sector at a time of crisis for our country.
• 3:24
  Speaker 3: I'm complying with all the rules. Your line of questioning
• 3:29
  Speaker 3: is trying to invent new rules. I'm complying with rules
• 3:32
  Speaker 3: that Parliament has laid out and the Responsibility Ethics Missioner.
• 3:38
  Speaker 1: It's not new rules though, it's just okay, so you're
• 3:42
  Speaker 1: in the blind trust, okay, but what's actually in the
• 3:45
  Speaker 1: blind trust? Like you can just volunteerily, voluntarily tell us
• 3:49
  Speaker 1: so that we know that you whether or not you
• 3:52
  Speaker 1: have conflicts of interest. I mean by not telling us,
• 3:55
  Speaker 1: it kind of makes it seem like you do just
• 3:57
  Speaker 1: a little bit, doesn't it.
• 3:59
  Speaker 3: And I will continue to comply with those rules.
• 4:03
  Speaker 1: That doesn't look good. Well, I would have to. The
• 4:06
  Speaker 1: rules don't make me, so I'm not going to. That's it.
• 4:09
  Speaker 1: That's his argument, as well as the fact that, I mean,
• 4:12
  Speaker 1: you've got two journalists there. You've got to I believe
• 4:15
  Speaker 1: your name is Stephanie Levitt from the Globe and Mail.
• 4:18
  Speaker 1: Then Rosemary Barton, who was talked to before, and she's
• 4:21
  Speaker 1: always been very nice. I'm sure he was shocked by this.
• 4:24
  Speaker 1: Maybe that's may I mean, the look inside yourself, Rosemary. Come,
• 4:29
  Speaker 1: that's bizarre, that's weird. But I guess maybe he was
• 4:33
  Speaker 1: so shocked that it's not just a love fest anymore.
• 4:37
  Speaker 1: And look, the Liberals have had no greater friend, no
• 4:41
  Speaker 1: greater adoring fan than Rosemary Barton. All right, but even
• 4:45
  Speaker 1: she's going to ask you something serious occasionally, and I
• 4:50
  Speaker 1: look inside yourself, Rosemary. I mean, this is what I've
• 4:58
  Speaker 1: been saying. Once he's objected to the riggers and the
• 5:02
  Speaker 1: scrutiny of an actual campaign. It's not going to go well.
• 5:06
  Speaker 1: I mean he is not The election hasn't even been
• 5:08
  Speaker 1: called yet. This isn't even campaign. This is just normal
• 5:11
  Speaker 1: being a prime minister.
• 5:12
  Speaker 3: Stuff, complying with the rules. I'm complying with the rules
• 5:15
  Speaker 3: in advance.
• 5:16
  Speaker 1: I find it quite hard to believe. And I don't
• 5:19
  Speaker 1: think she needs to look inside of herself. I think
• 5:21
  Speaker 1: that was actually just a totally reasonable question. Quite frankly,
• 5:25
  Speaker 1: I think everything he was asked there was totally reasonable.
• 5:29
  Speaker 1: Brookfield Global Transition Fund launch and funding. In twenty twenty,
• 5:34
  Speaker 1: shortly after Carney joined, Brookfield announced plans for a climate
• 5:39
  Speaker 1: focused fund. This evolved into the Brookfield Global Transition Fund one,
• 5:45
  Speaker 1: which closed in June twenty twenty two after raising fifteen billion,
• 5:48
  Speaker 1: making it the largest private fund of its kind at
• 5:51
  Speaker 1: the time. Focused on the net zero transition, the fund
• 5:56
  Speaker 1: targeted investments in renewable energy, expansion, sustained solutions, and decarbonization
• 6:02
  Speaker 1: technologies to deliver both financial returns and measurable environmental impact.
• 6:08
  Speaker 1: I know, for one thing, that Brookfield that invested in
• 6:12
  Speaker 1: heat pumps, which there's been a huge push for heat
• 6:15
  Speaker 1: pumps in Canada again conflict of interest. Let's see key investments.
• 6:20
  Speaker 1: While specific portfolio companies are not always publicly itemized, the
• 6:24
  Speaker 1: fund invested in clean energy projects, example solar, wind, hydropower,
• 6:30
  Speaker 1: carbon capture initiatives, and industrial decarbonization technologies. These are all
• 6:36
  Speaker 1: the things that he's He doesn't say it explicitly, but
• 6:40
  Speaker 1: that's what this is. When he's talking about Canadian companies
• 6:42
  Speaker 1: are going to be more competitive, this is what he's
• 6:45
  Speaker 1: talking about. It doesn't actually when he talks about the
• 6:48
  Speaker 1: two trillion in investment that Canadian industry is going to
• 6:52
  Speaker 1: have to make to meet his standards. Right, this is
• 6:56
  Speaker 1: what he's talking about when he talks about how Europe
• 6:59
  Speaker 1: isn't going to buy our energy unless it meets his
• 7:02
  Speaker 1: net zero standards. That's what he means by competitive. And
• 7:07
  Speaker 1: as we've already established, it's pure nonsense. Europe somehow still
• 7:12
  Speaker 1: depends on Russia's energy, no carbon taxes. US LNG exports
• 7:18
  Speaker 1: to Europe set record, no carbon taxes. It's all just
• 7:23
  Speaker 1: a big scam. Carney's role as chair and head of
• 7:28
  Speaker 1: the Transition Investing Carney co led the fund with Connortski,
• 7:32
  Speaker 1: emphasizing its alignment with global net zero goals. Let's see,
• 7:38
  Speaker 1: so a summary of Mark Carney's current interest with Brookfield,
• 7:43
  Speaker 1: because he's no longer with the Brookfield, but that doesn't
• 7:47
  Speaker 1: mean they're completely separate. In summary, Carney no longer actively
• 7:51
  Speaker 1: owns an interest in Brookfield due to his blind trust,
• 7:55
  Speaker 1: but he held significant DSUs and stock options before resigning. Also,
• 7:59
  Speaker 1: he knows what's in his blind trust. All right. It
• 8:02
  Speaker 1: doesn't mean that you know. You don't say, okay, it's
• 8:04
  Speaker 1: a blind trust now and now you can't see it.
• 8:06
  Speaker 1: He knows what. Yes, you can't see what happens with it,
• 8:10
  Speaker 1: but he knows what's in it. But he held significant
• 8:13
  Speaker 1: dsues and stock options before resigning, which are now managed passively.
• 8:18
  Speaker 1: He maybe do he maybe do performance based rewards like
• 8:22
  Speaker 1: carried interest from his Brookfield tenure, potentially worth millions annually,
• 8:27
  Speaker 1: though this is unconfirmed and subject to ongoing political debate
• 8:31
  Speaker 1: in Canada. The lack of transparency stems from limited disclosure
• 8:35
  Speaker 1: requirements for his former roles in the private nature of
• 8:39
  Speaker 1: blind trust arrangements. So, as you can see, this situation
• 8:43
  Speaker 1: is just rife. It's just perfect. It's perfect fertile ground
• 8:47
  Speaker 1: for conflict of interest and perverse incentives. It doesn't look
• 8:52
  Speaker 1: good and none of this is going to get better
• 8:54
  Speaker 1: because Mark Kearney is just a bad liar, and he's
• 8:59
  Speaker 1: a bad liar, and he's a bad politician. Andrew Sheher
• 9:02
  Speaker 1: says Mark Carney is a liar. Carne Lye one says
• 9:06
  Speaker 1: he had no role in moving his former company's headquarters
• 9:09
  Speaker 1: out of Canada to the United States. Truth Carney chaired
• 9:12
  Speaker 1: the board meeting when the decision was made and personally
• 9:15
  Speaker 1: wrote shareholders advocating for the move. When he lies as well,
• 9:20
  Speaker 1: it's always such easily debunked lies. It really makes your
• 9:24
  Speaker 1: question a judgment obviously right if he's just saying things
• 9:27
  Speaker 1: he doesn't even need to say, like, it's much worse
• 9:30
  Speaker 1: for him to lie about it. Carnee Lie number two.
• 9:33
  Speaker 1: Carney says he helped Paul Martin bounce the budget. Truth
• 9:36
  Speaker 1: Carney was not working for the Department to Finance when
• 9:39
  Speaker 1: Paul Martin first bounced the budget. In fact, Carney wasn't
• 9:43
  Speaker 1: even in Canada at the time. He was moving from
• 9:46
  Speaker 1: London to New York City. This is all easily checked.
• 9:51
  Speaker 1: Easily checked. I mean he could just go to his
• 9:53
  Speaker 1: Wikipedia page and see, oh, he was obviously lying about
• 9:57
  Speaker 1: that thing. Does this exposed can tempt for the public.
• 10:01
  Speaker 1: I think it does. I think when he talked about
• 10:03
  Speaker 1: how you know he's gonna get rid of the consumer
• 10:05
  Speaker 1: carbon text, but it was only because people didn't understand
• 10:08
  Speaker 1: how great it was, because people are too stupid to
• 10:10
  Speaker 1: understand how awesome it was for them. But it's divisive
• 10:13
  Speaker 1: and it's become political now, so we'll get rid of it,
• 10:16
  Speaker 1: even though you know, you know, it's a shame that
• 10:18
  Speaker 1: the people are too stupid to know why it's so
• 10:20
  Speaker 1: great for them. I'm sutry to see. I mean, aside
• 10:22
  Speaker 1: from his just obvious imperiousness when he talks to the public,
• 10:26
  Speaker 1: when he talks to journalists, Aside from that, I mean,
• 10:29
  Speaker 1: it just seems totally obvious that he has absolutely contempt
• 10:34
  Speaker 1: for the little guy, for the holy POLOI he sees
• 10:37
  Speaker 1: Canada as just a big ant hill, or perhaps just
• 10:41
  Speaker 1: a laboratory for all of his net zero fantasies. And
• 10:45
  Speaker 1: let's see Carnee line number three. Carney says he resigned
• 10:48
  Speaker 1: all his roles to run for a liberal leader. Truth.
• 10:51
  Speaker 1: Multiple boards and organizations have said Carnie remains in the roles.
• 10:55
  Speaker 1: According to five organizations Carne is connected with. Again, this
• 10:59
  Speaker 1: is another thing that was easily checked, easily debunked, and
• 11:04
  Speaker 1: like the board said, he's on it's not even really
• 11:05
  Speaker 1: a big deal. There's not a reason to actually lie,
• 11:10
  Speaker 1: except that he would think that it would hurt him
• 11:13
  Speaker 1: to It's just it's kind of baffling why he would
• 11:16
  Speaker 1: lie about these things. It doesn't make sense. Carney is
• 11:19
  Speaker 1: a repeat and habitual liar. Can't trust Carney. He's sneaky.
• 11:24
  Speaker 1: He really is quite sneaky. So this was another one
• 11:28
  Speaker 1: which is I mean, if it's a lie, it's totally bizarre.
• 11:31
  Speaker 1: But also if he actually believes what he says here,
• 11:34
  Speaker 1: which are gonna so easily proven wrong, and like that's
• 11:38
  Speaker 1: actually genuinely terrifying that this guy is the Prime Minister
• 11:41
  Speaker 1: of Canada, because it's just an unbelievably idiotic mistake.
• 11:45
  Speaker 4: Biggest supplier of semiconductors. We supply almost all their semiconductors
• 11:50
  Speaker 4: that whole You know, everybody in the White House is
• 11:53
  Speaker 4: a tech bro except for Trump. They all need semi conductors.
• 11:56
  Speaker 4: They all come from Canada. Maybe they won't maybe one
• 12:01
  Speaker 4: day they won't show up. We'll see.
• 12:07
  Speaker 1: Biggest supply that is a bafflingly idiotic thing to say.
• 12:11
  Speaker 1: He says, that's all everybody in the White House or
• 12:13
  Speaker 1: tech bros, except for Trump, he's not Apparently he's not
• 12:16
  Speaker 1: a tech bro either. That's a bafflingly idiotic thing to say.
• 12:21
  Speaker 1: I mean, the thing is, you don't need to be
• 12:23
  Speaker 1: the Harvard educated economist, you know, central banker to know
• 12:29
  Speaker 1: that that's fine. I mean, apparently even if you're that,
• 12:31
  Speaker 1: you don't know that that's not right or he's lying.
• 12:34
  Speaker 1: But just like the average person on the street, if
• 12:36
  Speaker 1: you said to them, do you think that the US
• 12:38
  Speaker 1: gets like all of their semiconductors from from Canada? They'd go, well, no,
• 12:44
  Speaker 1: that doesn't sound right, that can't be right, and they'd
• 12:46
  Speaker 1: google it and ten seconds later they'd be saying, no,
• 12:49
  Speaker 1: it's like point zero eight percent. What a bafflingly idiotic
• 12:54
  Speaker 1: thing to say, now, was he? I mean, does he
• 12:57
  Speaker 1: have such contempt for the people that he's speaking you
• 13:00
  Speaker 1: in this? I guess it's a pub that he thinks
• 13:02
  Speaker 1: he can just tell them literally anything and they'll believe him.
• 13:07
  Speaker 1: He can say, yeah, like all of their semiconductors come
• 13:10
  Speaker 1: from here, and that could just stop arriving. I mean,
• 13:12
  Speaker 1: if there was a tough guy like me in power
• 13:14
  Speaker 1: in Canada, I could just uh, you know, they could
• 13:16
  Speaker 1: just stop arriving and then would then wouldn't it be
• 13:19
  Speaker 1: trouble for him? Wouldn't they be in trouble then? Boy,
• 13:21
  Speaker 1: they'd really be sorry, then, wouldn't they Except it's all bullshit.
• 13:25
  Speaker 1: It's in fact, it's it's it's bafflingly idiotic. That is
• 13:30
  Speaker 1: so idiotic that I have hard time imagining even justin
• 13:33
  Speaker 1: Trudeau saying it. Let's see where does the United States
• 13:38
  Speaker 1: import semiconductor devices from. Let's see, where's Canada in here?
• 13:43
  Speaker 1: Where's it's not even in here? Canada isn't even in here.
• 13:48
  Speaker 1: Like it's that small. I believe I thought that it
• 13:52
  Speaker 1: was actually uh point eight or something, but it's actually
• 13:57
  Speaker 1: like point zero eight. Canada isn't even in this. I
• 14:00
  Speaker 1: mean it's a There was just a bigger investment in
• 14:03
  Speaker 1: semiconductors announced in the United States from a foreign company
• 14:08
  Speaker 1: then that that would dwarf all of Canada's that semiconductor industry. Yeah,
• 14:15
  Speaker 1: this kind of thing is it won't matter if the
• 14:17
  Speaker 1: media ignores it, because social media is bigger than the
• 14:20
  Speaker 1: legacy media. Now anyway, this is all going to be
• 14:23
  Speaker 1: very bad. This all bodes very badly from Mark Carney.
• 14:27
  Speaker 1: I will tell you that anyway. That's all I'm going
• 14:31
  Speaker 1: to say about that. Please like, share, and subscribe. Subscribing
• 14:34
  Speaker 1: really helps me out. I thank you for that. I
• 14:37
  Speaker 1: will see you next time.