Go back

🚨Elon Musk Calls for Canada to BREAK UP—Quebec Eyes Secession as Alberta Readies for Key Vote

64m 11s

🚨Elon Musk Calls for Canada to BREAK UP—Quebec Eyes Secession as Alberta Readies for Key Vote

Elon Musk’s public calls for the secession of Quebec, Alberta, and Saskatchewan have ignited intense political and public debate in Canada, sparking widespread concern among officials. Canadian Finance Minister Mark Carney has strongly rejected any such moves, asserting that Canada’s future must be decided by its people through a process rooted in national unity, cultural respect, and economic interdependence. Alberta is set to hold a referendum on October 19 to initiate a constitutional dialogue on separation, reflecting deep public frustration with federal policies and economic neglect. While Quebec’s new premier delays a vote until after Donald Trump leaves office, Saskatchewan’s leadership opposes secession but allows for a public vote, signaling divided but active regional sentiment. The economic stakes—particularly Alberta’s vast oil reserves and Quebec’s significant GDP—are central to the debate, with critics arguing that Canada lacks a convincing economic or political rationale to retain these provinces. This crisis is mirrored by rising nationalism in Latin America and Europe, where anti-immigration and anti-globalist movements are gaining strength. The failure of institutions like USAID to suppress free speech allows more open discussion of sovereignty, leading to a broader reassessment of national identity and economic alliances. Meanwhile, U.S. interests, especially under Trump, are seen as potentially more accommodating to a closer economic relationship with resource-rich provinces. The situation underscores a growing demand for greater regional autonomy and highlights the need for Canada to offer tangible, persuasive reasons for national cohesion.

Transcription

9934 Words, 52783 Characters

English
Oh Canada right I can sing the song oh Canada what are you doing what are you doing what are you doing right about now we're going to get into all of it because the whole place is somehow imploding everybody suddenly is looking to have some kind of secession vote the new guy in Quebec oh wow and this all comes as Alberta gets closer and closer anyway we're going to get into all of it plus oh gosh we're only what day into the murder the new skydance company and already they're talking about layoffs listen CNN folks are getting really really nervous I get it under the circumstances I guess I would be to maybe I'll have some competitors over here on YouTube sooner rather than later although you know they can't compete plus um France France oh my goodness you would not believe the pictures coming out of France today as Marco Rubio makes new remarks on the importance of everybody looking out for themselves welcome to the program everyone I am Trish make sure you subscribe we begin today on Elon Musk you know he's making a lot of news lately I'll tell you Elon Musk calling for Canada to break up I mean this is a biggie and let's just say the Canadians are not taking this lightly no no the Canadians did not appreciate this you see because Elon decided to get out there on Twitter just yesterday and talk about how it would just be a wonderful thing if we saw some secession from three different provinces I mean he he had one in mind and then he just kept going and going and going and going so taking a look at some of these tweets from mr. Musk yesterday who by the way is kind of like a Canadian right his mom is actually good citizenship through his mom and he went to school up in Canada I believed to Queen's University stick look polymarket put out this one polymarket in the online bedding site where you can make odds on things they wrote just in Quebec's new premiere declares his dream of Quebec independence will be realized one day and Elon Musk fires back good Quebec should separate and then he doubled down he wasn't done okay he came back and he said they would be better off al-Burder al-Burder and sesquat to one forgive me all my Canadian friends up there because I know I probably mutilated that they should separate to oh okay so let's just say the Canadian press did not appreciate this I mean they were all over it here is ctv news Elon Musk thinks Quebec should separate from Canada I mean in a few others as well right and then you had a PM Canadian news here post millennial saying Elon Musk says Quebec and Alberta and sesquat to one should separate from Canada and then this comes on the heels you get to remember like the context that this is in and why everybody's like really hot and bothered about it the president of course had sent this out I believe this was back in September and he was implying that you know we were gonna take it all every little last bit Greenland all of Latin America and hey while we're at it Canada too and so this has been causing I guess a lot of nervousness again when you look at the headlines it's everywhere it was dominating the news cycle oh my gosh Elon said this Elon said this Elon said this and it got so bad the mr. Carney himself Mark had to come out and say enough is enough here were his comments on Elon Musk just a tweet just a tweet I mean Elon who you you cause some waves here's Mark Carney the the future of Canada will be decided by Canadians and the priorities of Canadians and priorities of the people of Quebec and I say this surrounded by my colleagues who are part of a government that has 43 deputies in Quebec MPs in Quebec the priorities are affordability social justice including what we just discussed on homelessness building a strong Quebec within a strong Canada and a strong Canada that means more independent more sovereign more prosperous obviously but also so we can live our lives as we choose in Quebec in Canada the respects our languages our culture our way of life and free from interference from foreign governments and and large tech firms that think they can tell us what to do okay that was a CBC we thank them for that rather important statement from the head of Canada so it was a little bit of a dig at Elon it was a dig at Donald Trump all right very very clear for some reason Mark Carney really doesn't like Trump he's got TDS like you know I mean he's got TDS like like I don't know who are some of the people that just have had super duper TDS like I can think of a lot of them but he's got like extreme TDS all right a version of it that is perhaps uncurable so his TDS is so bad that he's actually gone hat in hand and begged Canada to have some kind of merger with the EU don't forget the EU recently announced Ursula was very proud they came out on stage and they announced this sort of kumbaya thing they have a plan to make Canada an associate I can't remember their exact warning some kind of associate country of the use and so he's thinking you know hey maybe we'll be able to immigrate over there and you guys immigrate here I guess that would be one place to put their immigration mess I don't think the president of the United States would like that very much right going back to his map that he so happily posted and so as a result you know there's this animosity there's this serious friction because do not forget we were working on a deal with Canada we basically had a deal with Canada the president announced yeah we get a deal the Canadians like they they all indications were they had a deal and then all of a sudden both went away at the 11th hour because the Canadians didn't like it and I think part of that was related to trade they felt that they wanted to be able to trade with China hmm good luck with that guys because I'm telling you you probably want to trade mostly with us you're you're actually really sacrificing I would think your economy when you say hey we would rather trade with China than the us of a because looking at these numbers I'm just getting their exports and I believe all of this is actually a US dollars yes it's a US dollars and so for 2025 they had an export market of 400 called 404 billion so they're sending 404 billion dollars worth of goods to us like that is enormous right so we are basically it we're like 16 times that of China and look at China down the list 24 billion dollars that's how much they got sent to China so if you're just thinking like where are my customers the US is the biggest customer of all okay and we dwarf the rest of the world and so Carney because he's got such TDS he can't look at the balance sheet and say gee what is good for my I was going to say you know company but he needs to think of it that way right what is good for my company what is good for my country I need a trading partner that's actually going to buy stuff and he just is like willing to throw all that away it's really remarkable and so I think this is one of the reasons why he gets so freaked out and we're talking seriously freaked out when he hears people talk about separation separation secession whether it be Alberta whether it be Quebec I mean he gets very nervous about this stuff you know and you think about what just happened in Quebec you have a guy who's very much in favor of secession and he just won a minority position in the government you know why because a lot of people feel like their Canadian government doesn't hear them doesn't listen to them is is so woke and is so woke that it wants to join forces with the EU instead of the US it's really wacky anyway listen to this guy he's the new premier designate in Quebec we've mentioned on several occasions that there'll be no referendum until the Trump administration is in the White House in which case we've got time and we've got plenty of emergencies okay so his point was we're going to want to vote at some point but we're not going to do it right away because we're not going to do it and there was a little bit of a mix up in his wording because he was translating into English but what he was trying to say was that we're not going to do this while the Trump administration is in office maybe because he knows it's too loaded because carne is going to really freak out given that he's going to a bug a boo about one Donald Trump so it's on the agenda he wants to do it at some point but he's not going to do it just yet which brings us back to Alberta all right hello to all my friends in Alberta we've actually developed a big Canadian following I guess a very specific Canadian following because you know a lot of folks in Canada may not like this I was talking to someone the other day who told me you can't even walk around with a Tim Horton's coffee cup anymore in Toronto It's just not happening because if anyone sees you, it turns out The Tim Hortons was bought by an American company. So now they're like, whoa, that's American. That might as well just be Dunkin' Donuts. And I'm like, you're kidding me, Tim Hortons. Anyway, there's a lot of very, very strong feelings. Shall we say about this entire issue? Because perhaps these feelings are so strong, we're getting word that the president has been advised to be kind of careful and rather quiet on Alberta. So Alberta's got a big vote coming up, as you all well know. Alberta's voting on October 19th, as to whether or not it should start this dialogue for secession. So this wouldn't mean, OK, one and done, they're out. It's over. It's going to actually initiate the process for a possible vote on separation down the line. Now Danielle Smith, who is running the whole province there, she has actually come out and said, listen, I'm with Karnie. I don't think she's with Karnie on much, but she's with Karnie on this. She doesn't actually want to secede from Canada, but she feels that she owes it to her people to actually entertain the question of whether or not they should advance this to some kind of vote. So that's what that is on October 19th. Donald Trump has reportedly been told to be somewhat quiet. I say reportedly, this is according to a report in Bloomberg News, and they write, Trump has so far stayed conspicuously silent. Yeah, it is. I actually haven't even heard him asked about this, which is interesting. I guess the press has stayed rather silent, too. He stayed rather silent, and the US ambassador to Canada says he was ordered by the White House to stay clear. Because the last time I checked, it looks like-- it looks like Scott Bessent. I believe he's on record saying this was kind of in favor of some kind of economic arrangement. I floated this idea maybe a couple of weeks ago that we ought to be looking at the potential in the event-- in the event Alberta Succeeds. This is just an idea, OK? Because the Canadians went wild. I mean, when they heard this, how dare she say this? This is misinformation. Just an idea, guys, OK? So calm down. But if you're going to have some kind of special honorary relationship with the EU, why don't we offer a special honorary relationship with Alberta? Maybe that would make sense, right, under the circumstances, because the circumstances are such that Alberta has a lot of what we need. We have a lot of what Alberta needs in the way of money, and I think that this could kind of work. I mean, just think about it, right? Because you've heard Treasury Secretary Bessent say, there's a lot of reasons for us to be very interested in this, because don't deny, guess what they got? Oil, oil, oil, and more oil. So hey, there's three provinces that are all considering getting out. If we really want to examine this closely, maybe we need to take a hard look at each and every one of them. These are the provinces that are accounting for quite a bit of GDP there in Canada. These are the three I'm talking about. So there's some economic stakes here. Now, these numbers are in Canadian dollars. So it's actually a whole lot less when you look at the American dollar version of it, because the Canadian loony has been under tremendous amounts of pressure. Anyway, Quebec is looking at an economy that's roughly $16 billion. These are according to 2024 numbers, nominal GDP numbers. So they account for almost 20% of the share of Canada. I mean, that's a big economy, right? And now you get a guy going into government who is in favor of secession. So oh, boy, oh, boy, oh, boy. Albert is big too, 15% of the overall economy. So I'm telling you, when you account for that much economically, you're incredibly important to Canada as a whole. So that's one reason that Mr. Carney gets a little bit perturbed when he sees the likes of Elon Musk out there saying, hey, you know, you guys all just need to split up. You'd all be better off. He gets very, very ordinary about this. In fact, he's so ordinary about this that just the question of a possible secession itself is like something he will not even entertain. Even if 51% of the people in Alberta were to vote for secession, guess what? He wants no part of it, which is kind of alarming. Let's go to Carney. This is back, I think, in May of this year. Kind of really letting everyone down. It's like, he just doesn't care about what the people think or how they vote. Watch 50 plus one enough. No, it is not. It is not for under a clarity act. It is absolutely not. And I would just recommend that you read the clarity act. It's very clear, not surprisingly. The clarity act is very clear and determination. And there's a series of conditions which I responded in the House for the record. Is 50 plus one enough? It's very clear. I gave a very, I gave a, sorry, just to be clear. Because it is a question about a question, I mean, it doesn't, it's explicit in the question that it's not a binding referendum. This is what I expected. But I, you know, as I said in French that as Prime Minister and issues, particularly issues of a constitutional nature, I like to make sure I have the official advice before so which is why yesterday I was careful in terms of money. No, it is not. It is not an, for under a clarity act, it is absolutely not. OK, so now we know where he stands. Because he doesn't want to let any of these provinces go. So even if they vote 51% of them to get out, he's not going to go for it. He's saying ultimately it's going to come down to effectively their version of Congress, right? Like that's what, and they're going to vote on it. It's not that the individual areas have that kind of ability, which is obviously upsetting for those individual areas. Is it not, right? And like they're very trigger happy. Like I'm taking my chances, by the way, kid you not. I am taking my chances, doing this story with you because they attacked me a couple of weeks ago. I told you guys, some of you about this. They went after me and they accused me of misinformation because I think at one point I said that Alberta was pumping out for, I said four million barrels a day. And then at one point I said four billion barrels a day. And they were like, whoa, I mean, I had lived the show. What can I say? Everybody gets those millions and billions occasionally a little bit jumbled. I call it my Biden moment. I was having a Biden moment. Well, the next thing you know, they're all over me, right? So I'm telling you, they take this stuff so seriously. So they're all over me. And you know what that means? Because this little disinformation watch thing was set up by the State Department and funded by the State Department. Hopefully not anymore. I think the idea was, you know, you get rid of USAID, you get rid of all these little groups out there running around, trying to police things, right? They're like, don't you, I can't have an idea. You realize I can't have an idea. Elon Musk, he can definitely not have an idea. And they fire back with this vitriol because they're trying to kill any possible idea about anything. It's really strange, but you know, Mike Pence, he said it the other way, the other day, and he used to be at the State Department and he knows all about the USAID spending and the Smith-Mont Act if you're familiar with that. And he outlined it actually on Bannon Show the other day. And I just wanted to show you a super quick clip because it relates to sort of the lashing out, right? That I got from these disinfo watch people up in Canada. Guys, calm down. Here we go, Mike Pence. I've known and followed this stuff for many years, but I've never made a crusade about taking it on until USAID got in the business of censoring the internet. And at that point, censoring Americans on the American internet and censoring American social media companies as a foreign facing humanitarian NGO sponsor that everyone knows is just the CIA's plausible and the ability layer and funding conduit. But when it started to be used against Americans on American soil, that to me was the final straw. Yeah, so thank goodness. He exposed a lot of it. Elon exposed a lot of it. I mean, you think about, first of all, all of a sudden this movement. Now, the movement has been around, at least I know in Alberta for a while. I mean, you can go back decades and they've been talking about this forever. It's just all of a sudden really caught on lately. And I think that's what's alarming to this administration there. It's Latin America as well, turning red. I mean, it's kind of amazing because somehow USAID ends. And the next thing, you know, all these provinces in Canada are looking to entertain the question about maybe, you know, we should have a discussion about whether or not we're in Mother Canada. You've got Brazil turning red. I mean, you look at all of Latin America. This is a great chart. Amazing, right? All of these countries suddenly swinging red. We'll see whether or not Bolsonaro makes it to the finish line, but I think it's kind of of telling. I mean everybody thought Lulu was a slam dunk and then what do you know? I think because you're getting more stories and more information out there, you don't have the, you know, disinformation sites of Canada trying to shut you down. And USAID to Brazil, I mean look at this one. We were giving a lot more money in previous years and you fast forward to what we are giving now and this is in 2025. I mean to go from the Obama days of 316 million versus 27 million. Now, what does that tell you? It tells you. I think there's a reason why all of Latin America was really blue and by the way down there they invert the colors. They would say that blue is red and red is blue but for all intents and purposes we're going to stick with what we know up here. And I think that a lot of that is related to suddenly information being able to travel freely and people being able to make decisions based on what they think is best for them and their country. So now all of a sudden you've got Canada having secession talks which I think just saying makes a lot of sense from an economic perspective for them. I mean these provinces they're kind of stuck right? They're stuck with a country that clearly doesn't really value them and I think we would not that we would take them in per se or make them territories or anything but at least we could create a free trade kind of relationship without the headache of Carney hanging around. That's something that could be looked at because national unity I'll tell you it requires something more persuasive than what Carney is doing which is you're not going to leave no way I don't care if you get 51 percent is not happening not here not on my terms like I think you actually have to give people a reason to want to be there and a reason to want to stay especially in light of there being some other opportunities out there they have extraordinary natural resources enormous economic potential and yet they've got a national government which at least for all intents of purposes right now really feels like it's trying to hold them back and hold them back even in light of let's go join forces with the EU well the EU I mean you're talking about an oil rich area in Alberta what are they going to do when the EU comes in and says no no no no no no no you can't you can't be drilling that stuff now we got green energy here and you know we're going to charge you a bunch taxes because you're not allowed to drill that and you've been drilling it and we're going to you know I don't know could they have a clawback I'm making this up on the fly but you know that the EU is not going to be okay with a bunch of oil companies so if you're Alberta you're like hey who needs this and imagine the idea that you know you could win a referendum but it wouldn't necessarily settle this whole question because you heard from Carney it's it's just not happening so now Elon must come and along and making quite the tweet yeah Quebec should separate Alberta should separate Saskatchewan should separate like just do the whole kit and caboodle here and that is scaring Canada as it should because if you are not Carney creating a reason for people to want to be part of Canada if they all want to separate and your only you know ability to say hey you're going to stay in is boom you know we don't care if you're 51% I mean that was kind of a telling comment I think and his other telling comment was his little snipe about Elon you know only Canadians are going to decide for Canada I would say you know Elon technically is Canadian so in fairness he's got more of a he's got more of something to report and say perhaps than I do I'm just looking at it through my economic lens and my very much realist lens which is that there are some great businesses up there and there are some great people there that want to work hard and instead of you know having a free trade relationship with the United States of America they're dealing with this headache of a leader who's got severe terminal TDS and so that makes it really hard I think for them to have fair honest discussions with Carney so they're moving forward they're going to have the big vote you know on the 19th they're in Alberta Canada and this is the vote on whether or not they should begin a constitutional process towards a future binding separation referendum so just to be clear before the Canadian police are all over me Alberta is not voting to become independent overnight but it wants to start the process it wants to start the process it's having the conversation so does it get to the next leg and then you've got Saskatchewan the third province which is also considering a move well the premier Scott Moe he does not like that no no no he does not like that at all in fact he opposed the separation although he has not said he would block a public vote if residents petitioned for one I think he's more in the Danielle Smith camp here but when Elon put this tweet up and said hey you know they should all go he responded with a simple no and oh no and then Danielle Smith who also disagrees with mosque and says she'll vote to stay in Canada has her version of no so you get three different situations here with leaders that don't want except for you know that the guy in Quebec right he's like we're going to have the vote after Trump is out of office he needs to get I guess Trump out because he's sort of the elephant in the room and maybe he thinks that that's too much of a distraction for the likes of Karnie I don't know but together here you know they are raising a very consequential question which is what keeps that country together when everybody is disagreeing about their economic future you know I'll tell you Karnie says mosque should stay out of this but Karnie you're going to have to come up with more than that I really I think you're going to have to tell people why they should want to stay why they should want to be a part of your economic union what is it that you're able to do for them because they're looking at you I'm on Alberta it's like Texas right like they're a big economy a very very big economy with a great oil sector and they could grow that I've been up there actually to Alberta it's it's really amazing it's just incredible beautiful beautiful very very cold very cold I actually flew north of Alberta we had to take this little tiny private plane I was doing a documentary for CNBC at the time on those oil sands that are up there and it was just incredible just amazing so there's so much potential there and there's so much opportunity and yet you're going to have heavy taxation and all of it is about redistributing the wealth and okay we're going to bring in more migrants and hey maybe you know Europe can send us some of their migrants why not right if we do this little deal with Europe so I think that all the people in these very important economically so provinces are saying hey you know maybe we would be better off going solo the economic stakes are really important the US would probably be willing to protect us military wise right I mean Trump would love that one absolutely positively love that one and you could have a deal I'm not supposed to say that I'm hypothesizing this is an idea I can have an idea okay and my idea is that you know they've got 4.4 million barrels a day that they were putting out in Alberta in 2025 and that's big big deal right you get this wonderful oil sands up there that would be very helpful for us we would love to buy it and we can refine it here we could all the refinery you know you look at a place like Quebec which also is enormously important and Saskatchewan which has Ponyash and uranium resources you get fertilizer for agriculture fuel for nuclear power I mean these are really strategic assets and I'm just saying Canada needs them but you know we do too right and if we've got a breakdown in our trade relationship you understand they've become even more of a prize so I would just say Canada you're going to have to come up with something you need something bigger than big bad Elon you know stay away from him I think you're going to have to find a reason for these provinces to want to stay with you in the future you make that case okay Karni I'm going to give you a little bit of advice because national unity does require something more persuasive than telling everybody it's going to be difficult more not going to allow it you need something better than that so tell them why it's worth it to stay make it worth their while to stay do the trade agreement with the US right have a free trade agreement so that then they can sell more of their oil to us and that would benefit you because otherwise you might you might really be running into something that you didn't quite bargain for especially now that you know these various sites are getting out of the way and free speech can actually be heard the likes of which we're seeing in Latin America as I said you've got the Bolsonaro candidate that's going to the finish line, we'll see. Hopefully to the finish line in Brazil, don't forget, he's up against the socialist Lula who has a lot of backing from the likes of China. We like this guy. He is the son of Bolsonaro, a senior who's under house arrest because, you know, they didn't want Bolsonaro to run again, so they arrested him. And he's under house arrest, but his whole family went out there and ran. And his eldest son there is a senator who's now, possibly, he's in the runoff to become the next president in Brazil. So that's a really big deal. I got to tell you guys about the time I got kicked out of the like presidential palace in Brazil. Yeah. I don't know if I've told you that. I was down there for CNBC. The tech minister had promised me an interview with Lula back when Lula was president first time around. And I went there and apparently he never cleared it. This is very like Brazil. Like they're very like sea to the pants, right? Like sea to the pants. They just kind of, they just do things, right? So the tech minister was like, come on down. All right. So I bring my crew and my producers and we're down there. And that was, you know, back in the days when we had lots of heavy equipment and stuff. It's not like nowadays. And I go down there and it's a long flight and I travel all the way to Brazil. And the tech minister ushers me in ushers the crew in somehow the communications person gets wind of this and freaks out. It turns out he said that they were doing an interview that week or the following week with Bloomberg television. Now I worked, I've worked at Bloomberg and I've worked at CNBC at the time. I was working at CNBC. I had already worked at Bloomberg. I went back to Bloomberg later on as well. But I was like, why are you doing Bloomberg? We're at Bloomberg. We're CNBC. You know, and I'm trying to convince him. And he's like, no, no, no, I gave him my word. And Bloomberg is actually huge in Brazil, believe it or not. Just absolutely positively huge. I think it's because they hired a bunch of Miss Brazil's kids, not when they first launched the channel down there in Brazil. And they did it in the native language, originally Bloomberg used to broadcast everyone in native languages. So you get the German, German Bloomberg would be in German. And then in Brazil, it would be in Portuguese. So they had the former, you know, Miss Brazil's that we're doing the news. And it's hugely popular. So they were like, no, no, no, we got to do, we got to do Bloomberg. And they tried to offer me Dilma Rousseff as the consolation prize. And I was like, no, I came down here for Lula. I want to get the Lula interview. And so I just wouldn't leave. At some point, the minister, believe it or not, of technology, took me and brought me into a cabinet meeting room. So I was in a cabinet meeting room with Lula and Dilma Rousseff, who is the VP and all these other cabinet ministers. And I'm sitting there, I speak Spanish, but you know, my Portuguese is not so hot. I can kind of get the picture because I speak Spanish, but I'm listening to this. And they're all talking and this, that, and the other. And so I figured, all right, I'll just go into the equivalent of the Oval Office as they're all ushering out. And I was just asking a few questions and it will be a print interview. So what? I know how my camera here, I think I had to leave my phone somewhere else. So I tried suffice it to say, the PR guy found me. And at that point, he like grabs me and he thinks I'm totally crazy at this point. And he's like, you have to leave. You have to leave. So I went downstairs. I met my crew. We hung out for another couple hours, I think, until security was like, you really need to leave. So I talk about that time I got kicked out of the presidential palace in Brazil, by Lula and his team. We are looking at a map of South American, everybody's like, okay, it's going to Trump. It's going to Trump. It's going to Trump. Meaning you see the Trump face on it. It's going red. It is turning red or as they call it down there blue, which is why when you see on this graphic, I think this is a Bloomberg graphic, actually, Bolsonaro is in blue. He's actually the conservative in Lula, the workers party, because it's pink, right? You know, the commies, they're in red there. And it's pretty, it's just phenomenal. So you have this F's and the currency has been up. The ETF has been up. The overall market for Brazil has been up. Everybody likes this idea. But I get back to the reality being that if you don't have the information police policing things and USAID has gotten out of that business of saying, you can't say this, you can't say that and contacting the social media companies and saying, we got a problem here, then guess what? The truth gets out. The truth and nothing but the truth. And boy, is it ever getting out? Marco Rubio having a hand in that over in Europe. His speech was incredible yesterday. What an incredible speech. I want to play you one little snippet. This was my favorite quote. Listen, nationalism, by the way, is back. Over time, we in the West came to feel ashamed of the very things that made us exceptional. We felt embarrassed that our achievements set us apart from the rest of the world. Our prosperity somehow became a source of guilt. We no longer believed we deserved and had earned our greatness. The word nationalism became a dirty word. And so we tore down our monuments. We condemned our own history. And in too many places, we taught our children to be ashamed of the countries they would inherit. In the process, we opened our borders and outsourced our industry and allowed our militaries to wither and to decay. And with every passing year, we seemed to outsource more of our sovereignty, transferring our decisions to global bureaucracies far beyond the reach of our control. Really good one. Really, really, really good one. I mean, so he's effectively sending a warning here to Europe. You know what? We were asleep at the switch for a long time. We just woke up and we're not going to we're not going to do things the way that we used to do things. One of the other points he was making in that is that because we decided no longer to put ourselves first, because we had this sort of shame that we were teaching the kids, as a result of that, you've had this ability for other countries to take advantage, right? A lot of the third world emerging market countries have come to the table and they have gotten very demanding. And for whatever reason, we're like, okay, you know, hat in hand, what do you need? What do you need? What do you need? And he's like, those days are over. We have changed. We are turning the corner. And by the way, Europe, you need to figure this one out too. Mike Walts reiterated that message on Fox last night when he said this about the UN and some of these other entities. Too often in too much, particularly under the last administration and in recent years, is subordinating your sovereignty to these globalist institutions, whether that's the European union, as we've seen in Europe, or whether that's the United Nations. The international organization isn't the goal in and of itself. It is finding places where you have overlapping interests and you can cooperate and where possible bring peace through diplomacy and share the burden in unstable situations, but that's the extent of it. Yeah, it's an important message. And I think it needed to be heard. It really did, especially in light of everything that's happening. So you combine what they're saying with the lack of police saying, you can't say this, you can't say this, you can't say that, you know, the disinformation sites, if you would. And you start to get this groundsfelling, this movement, which is what Marie Le Pen. Marie Le Pen is probably going to be the next president of France. And in some ways, you have only to look at the disaster that is unfolding in the streets today. This is the most insane video that I saw coming out of France. And it's really truly tragic. I think these numbers are higher. I think we now have more than 600 arrests, but take a look at this one. Okay, it's so nice. Sorry. And so long, this is going to come out. The point is we have total bedlam in the streets now. And it started on September 28th with students saying, hey, you know, we don't we don't have enough. It started, you know, there's a lot of concern that maybe this is more organized than you think. In part because we've seen so many Islamic flags, we've seen so many Palestinian flags. So it's almost like the, you know, the Marxist movement is joining with the Palestinian movement. And you've got this mesh of, you know, socialism and, you know, I say Marxism, but maybe socialism meets Islamism. It's just kind of a free-for-all, right? It's like catching everyone there. I think that bottom line that you're going to find someone like Marie Le Pen who's emerging from this successful because there are so many people that don't want what has happened, right? From an immigration standpoint, number one, but also a resource standpoint number two. So if we take the students at their ward and we say, yeah, you know, they're upset because they don't have the basics that they need, I mean, to me, it looks like, you know, there's a little more going on than that. But if you, if you take a portion of them at their ward and you say, okay, they are frustrated because this is a country that's economically speaking up against it and it cannot provide for its people the way it has in the past. Why? Because it's taken too many darn people in and you don't have enough people pour money into the pot. And now what did Margaret that to say at some point you run out at other people's money? Well, that's exactly the point that you're running into in France. So France has got nothing. It's actually costing the European Union in some ways because that lack of solvency, the incredibly inflated GDP or debt to GDP ratio in France is actually costing the rest of the EU. So this is a problem, right? And I'm looking at the Euro currency, which is suffering vis-Ă -vis the dollar. So they've got a lot of problems there. And this is why she may actually succeed. I mean, she's tried before. And by the way, they didn't they try and rest her too. Wasn't she under arrest at one point? I mean, what do they do in all these countries? You come into power. They don't like you. So they arrest you to prevent you from doing anything else. I mean, look at these, these PLO flags because that's the other aspect of this. The President has said he really does not think that these are just innocent protesters. He thinks that what is happening in France is nothing less than an out-of-control mass migration. This isn't just about schools. This is about, isn't I'm going to take over one's great country. So he's been making his views, no, not that. I will tell you, they're going to get a problem. And all of Europe is having a problem because it's not just something specific to the French. We're seeing the rise of AFD in Germany for a reason. Same reason, right? Like you're seeing Georgia Maloney's success with the brotherhood in Italy rising up. Why? Because same reasons. Like this frustration over migration is a big one. And people are saying, hey, I'm paying all this money into the system. And I'm not getting what I need out of it. And then you're taking more people in that are living off of the system and not really paying their fair share. It doesn't work. Okay? They just doesn't work. And then you go Brussels breathing down your back the entire time saying, hey, we want more, we want more, we want more, we want this that and the other. So you wonder why Canadians are sitting there going, hey, you know, not so sure we want to be part of the EU. I get it. I understand it. Like, you know, we're lucky here in America. We have a wonderful, wonderful country and a wonderful, storied history and all started 250 years ago with some brave people that were willing to take things on in a way that needed to be taken on. Because you know what? We didn't want to be beholden to great Britain, much like maybe those in Alberta don't want to be beholden to Ottawa, or those in in Germany don't want to be beholden to Brussels, right? At some point, you know, nationalism, and this was the point of Marco Rubio's speech, nationalism is good. And this is part of what, you know, you need to recognize as an American. We are a country and we are united as a country. And we have our constitution back in us up. And we have a declaration of independence that really set the tone for the next 250 years. I encourage you to take the pledge, go and read it. Go to, I'm actually going to put my name on here too. That way they know, if you go to a250toolkit.com, they'll know that I sent you. Our friends over at AFP are running this. And it's just a wonderful resource for you to look at all the terrific tools they have. That's why it's called Toolkit. It's a250, America 250. You get it. Toolkit.com/trish. And you can read all about our wonderful history. You can sign your name to the Declaration of Independence there. And you can also sign on to do something in your community. Hey, we got a weekend coming up, right? Something in your community to really help generate this love of America. You know, it could be just having some friends over to dinner on Saturday night and reading a portion of the Declaration of Independence. It could be communicating something with your kids. It could be singing the National Anthem as I've been known to do. So just go check it out. They get some good stuff there. I want to switch gears right now because, oh boy, CNN, they don't like this one very much. CNN, learning what? Day one into this merger here that they're possibly looking at layoffs. Well, not possibly. I mean, they are looking at layoffs. The purge is happening. Day one and already David Ellison and his counterpart are out with an email to the entire Skydance company. And they are telling them that, oh, oopsie, Daisy. Yeah, layoffs will be coming. So variety got their hands on the memo. And they ran this headline, Skydance CEOs acknowledge layoffs will be coming after Paramount Warner Brothers merger. I told you, did I not? I told you it was happening. Let's go to Brian Steltzer who's given us the rundown. He's the media guy over on CNN on how it's just such a great thing because I guess the head of CNN, Mark Thompson is going to stay on for a bit. There have been questions for the past year about Paramount's close cozy ties with the Trump administration, patriotic Larry Ellison and his close relationship as a donor to the president. And David Ellison's efforts to cozy up to the Trump administration to win these merger deals. So those questions have really been a cloud over this merger with some concern about what's going to happen to CNN. Well, this announcement resolves that and it signals there's not going to be any immediate combination of CNN with Paramount's CBS news unit. Very weiss will remain in place as editor in chief of CBS news. Many insider has wondered if Weiss would be given a role at CNN as well. And that's not happening for the time being. It seems pretty clear to me the Skydance leadership team, again, taking control tomorrow, they are valuing stability over any possible shakeup. You know, this company is going to be saddled with a lot of debt. It's going to be under severe pressure to cut costs because of that debt. But at the same time, Skydance is going to be relying on the cash flow from profitable channels like this one, like CNN, in order to pay down that debt. So the company has good reason to avoid disrupting the network. And it seems to me John the headline this morning is about stability here at CNN. Okay, you keep telling yourself that because I'm seeing this headline, which is Layoffs. And I did, if you listen between the lines, it's almost like he was being told to say that for the benefit of everyone in the room, meaning the newsroom. Because if you listen to him between the lines, he said that there's cost cutting that they want to engage in. My sources tell me that this is a big part of the merger. Putting these two companies together, they wanted to achieve a couple of things. One was the very obvious, very basic, like, let's cut these costs because there's a lot of duplication between Warner Brothers discovery and of course Paramount. So that's goal number one, goal number two. And this is something that David Ellison himself will be heavily involved with is bringing the technology to the platform to really take entertainment in a whole new direction. And I like that he's associated with Trump in that he, his dad certainly was a donor to the Trump campaign. And his dad is a conservative. And as I understand it, he is as well. I think that's important because we lost that free market capitalism in entertainment and in culture for a while, like a good long while. And you know, you have only, and I encourage you to go look at the story I did on Netflix because you have only to look at say the demise we're seeing of a company like Netflix, which also wanted to buy this by the way. And what it tells you is that they have not been innovating enough. This idea that they're going to be this closed platform and they're not going to let anybody else in and they're going to curate the content for you. You got to have some great content if you're going to curate it and you're going to charge me like that. And they haven't had great content because they've been thrown up a lot of woke slop, right? They brought the Obama's in for what, $55 million. And they got Harry and Megan and you know, all their woke friends and every character and every single children's show has some kind of LGBTQW MBA. I don't mean to be disrespectful. One of you guys recommended that in a chat once because I couldn't remember the rest of the letters. So it's just kind of stuck. All right. The point being that all of this programming was so off the mark. And what happened people didn't want to watch it anymore. So David Ellison is coming in. He's got at least a free market capitalism approach to this. You know, let's make, let's make content that that works that people want to watch. And so then it becomes, yes, an issue of one, the best will succeed. The best content will succeed. Two, let's cut costs, right? That's actually probably number one is let's get costs. And then number two is let's make the best content. And then number three is how can we introduce the tech of the future that's going to take all of this forward. And I've told you before, I mean, I think that you're going to be able to effectively, you know, choose movie endings in real time and alternative endings. And this, that and the other, you look at what's being done on AI at GROC, for example, on Twitter. Forgive me, X. I mean, it's a great example. And so let me, let me go to this memo where he is explicit about these layoffs. They acknowledge that quote layoffs will be part of the process. Integrating two companies will bring change, including difficult decisions that affect our world. workforce they say. We are committed to handling this process thoughtfully and respectfully. So respectfully, guys, are they going to need as many anchors? Are they going to need as many expensive anchors? They get a whole bunch of people over at CBS. What happens to everybody at CBS? Look at the repetition. And I thought about, you know, maybe they could do something like MSNBC did and NBC, right? Where they spun it off. But no, you see, I want to be very clear. The David was insisting he gets CNN. That was part of the deal from the very beginning. From the get go, he was like, I want CNN and CBS. And he wasn't willing to do this deal without it. So that's an important sort of note because now he's going to invite the potential wrath. We've experienced and seen this firsthand with ABC, right? Because ABC is feeling the wrath of the FCC. NBC has certainly felt it too, but they no longer have the cable entities to give them those headaches, right? Because MSNBC was doing all kinds of crazy stuff. And they were bashing Trump every single night. And so they create sort of this bad tone in this bad environment in the parent company. The network is still governed by the FCC. Cable's not. YouTube is not just to be super clear. So he did not want to do a deal unless he got CNN. So it tells you CNN and CBS together are a big part of his future plans. So it will be very interesting to see what happens there. Ladies and gentlemen, Mandami. Oh, Mandami. You know, he just is such a bad guy. Bad guy. I mean, like kind of evil yesterday. He put this out. I mean on October 7th of all things. Three years to the day when you had Jews slaughtered in the worst terror attack, they've ever seen. I mean, you go to go back to World War II to see anything like that. And he, I don't even want to read it. I read it yesterday. So that's enough for me because when I read it, I get too upset. And I can't believe that New York has elected this guy. I don't think he's going to be long though. I think that this is the straw that breaks the camel's back because he put this tweet out basically saying, you know, it's a tough day, but it was one day. And now we've had to deal with Israel going after Palestinians for the rest of it. And he was quite explicit. So nobody took this well. Everybody was very upset. A lot of New Yorkers were very upset. And he was asked about it. Do you like have any regrets at all? And I want you to listen to this very carefully because this just shows he's doubling down on hate. If you could do anything differently, if you could redo yesterday, is there a line that you would add to your statement? Is there one you would take out? Would you change anything about it? I think that October 7th is a day that is immensely painful for our city and is a day of mourning. And so whether in the statement, whether in the attendance of the vigil, as I had done the year before, or whether in meeting with Palestinian New Yorkers after that, all of it is part of reckoning with what that day has meant for this city. And the fact that we know that it brings up the most horrific memories for so many in the city. And also for others, it is a day that is continuing in the Israeli government's use of it as a justification for a genocide. You see that? So he just doubled down. He's got no regrets. Don't kid yourself. No regrets about what he tweeted. He's there for a reason. And it's just Islam is extremism that I get very nervous about when I see politicians like him who want to end Israel, who want to jail Netanyahu. I mean, this is this is concerning guys, right? And he's there in the financial capital of the world. It's absolutely sickening. And I'll tell you, he did something out yesterday that really, really made me angry. Last night, he showed up at a Palestinian restaurant, the only Palestinian restaurant, according to this Twitter account online, this ex account, the only single one he went there for dinner on October 7th. That's delivered. Very, very delivered. So don't think he regrets that tweet. He doubles down on it. He goes to dinner at a Palestinian restaurant on October 7th. He did get called out by these protesters who have short memories because even though he stood with them because he went to a vigil. Not sure anybody really wanted him at that vigil, but he went to a vigil to honor the lives of those that were lost. And his base was not too pleased, amazing how quickly they turn. Here we go. Okay, we're trying to keep it clean, but they were not happy. But think about who he brought to the dance, right? Like go back a few years ago when he was running for mayor and think about the things that he said. Or think about what he said just days after October 7th. We have that video for you here, too. Okay, that's it. I'm sorry. I'll tell you not for long. I don't think he's going to make it another term. I really don't. Anyway, you know, the market had kind of a tough day. I encourage you to go look at our analysis at 76research.com. We have three portfolios there. I've told you about this before my financial research company and the portfolios have done very well. We don't hold any money or any of that. You just buy our research. We tell you what we like. And we maintain these three portfolios. And we tell you anytime we buy or sell into any of them, you get all of the stocks that we have bought in to these portfolios with. There's eight to ten in each one. So I encourage you to go check that out at 76research.com. And if you're just joining me for the first time, please make sure that you subscribe. If you have been here, like David Lorenzo, good to see you here. Uncle Andy, if you, if those guys, I'm just going to remind you to make sure that you all face my mind that you have all your bells and whistles turned on. One of the things that you can do. My producer just showed me this the other day is if you go to your YouTube and you select the feed for your subscriptions only, you will never not see me. You will just get whoever you subscribe to as opposed to all the various different things on your home screen. So that's a clever tool. I just discovered that. I'm like, oh, wow. So, you know, I'm not getting these random things. Well, you know, sometimes maybe you want the random things and you get the random things when you're looking for it as opposed to when you kind of want what you need. Go to the subscriptions. And if you are following me, if you're subscribed to my channel, then you will get that in your feed for sure. It is wonderful to have you here. Thank you so much. Spread the word live every day. And I'll see you back here tomorrow.

Podcast Summary

Key Points:

  1. Elon Musk has sparked national controversy by publicly advocating for the secession of Quebec, Alberta, and Saskatchewan from Canada, triggering strong reactions from Canadian officials.
  2. Canadian Finance Minister Mark Carney has firmly rejected the idea of provincial secession, emphasizing that the future of Canada is decided by Canadians and that national unity must be protected through economic and cultural integration.
  3. Alberta is holding a referendum vote on October 19 to initiate a constitutional process for potential secession, reflecting growing public sentiment about economic autonomy and dissatisfaction with federal policies.
  4. Leaders in Quebec and Saskatchewan express cautious or conditional support for separation, with Quebec’s new premier delaying a referendum until after Donald Trump leaves office, and Saskatchewan’s premier opposing secession while allowing for a public vote.
  5. Economic factors—such as Alberta’s massive oil production and Quebec’s large GDP—highlight the financial stakes of potential secession and fuel debates about Canada’s ability to maintain economic cohesion.
  6. Critics argue that Canadian leaders like Carney are failing to provide a compelling reason for provincial loyalty, especially in the face of global economic shifts and rising nationalism.
  7. Nationalist movements in Latin America and Europe, including rising anti-immigration sentiment and political shifts in France, are seen as parallel phenomena to Canada’s internal debates over sovereignty and economic independence.
  8. The U.S. government, particularly under Trump, is viewed as being more open to a potential Canada-Alberta or Canada-Saskatchewan trade or alliance, creating new economic and geopolitical dynamics.

Summary:

Elon Musk’s public calls for the secession of Quebec, Alberta, and Saskatchewan have ignited intense political and public debate in Canada, sparking widespread concern among officials. Canadian Finance Minister Mark Carney has strongly rejected any such moves, asserting that Canada’s future must be decided by its people through a process rooted in national unity, cultural respect, and economic interdependence. Alberta is set to hold a referendum on October 19 to initiate a constitutional dialogue on separation, reflecting deep public frustration with federal policies and economic neglect.

While Quebec’s new premier delays a vote until after Donald Trump leaves office, Saskatchewan’s leadership opposes secession but allows for a public vote, signaling divided but active regional sentiment. The economic stakes—particularly Alberta’s vast oil reserves and Quebec’s significant GDP—are central to the debate, with critics arguing that Canada lacks a convincing economic or political rationale to retain these provinces. This crisis is mirrored by rising nationalism in Latin America and Europe, where anti-immigration and anti-globalist movements are gaining strength.

The failure of institutions like USAID to suppress free speech allows more open discussion of sovereignty, leading to a broader reassessment of national identity and economic alliances. S. interests, especially under Trump, are seen as potentially more accommodating to a closer economic relationship with resource-rich provinces.

The situation underscores a growing demand for greater regional autonomy and highlights the need for Canada to offer tangible, persuasive reasons for national cohesion.

FAQs

These provinces feel their economic interests and cultural priorities are not being met by the federal government. Quebec seeks independence due to political dissatisfaction, Alberta wants to explore economic autonomy, and Saskatchewan is considering a vote on separation amid concerns about fair representation and resource distribution.

Alberta is not voting to secede immediately. Instead, it is holding a vote on October 19th to initiate a constitutional process for a future binding referendum on separation, signaling a formal conversation rather than an immediate break from Canada.

Yes, Elon Musk tweeted that Quebec, Alberta, and Saskatchewan should separate. The Canadian government and public reacted strongly, with officials like Mark Carney criticizing the remarks as irresponsible and out of touch with Canadian values and sovereignty.

Mark Carney firmly opposes secession, stating that the future of Canada is determined by Canadians and that national unity must be preserved. He argues that even a 51% vote for separation would not result in secession due to constitutional and legal barriers.

Canada’s Constitution does not provide a clear, straightforward path for secession. While provinces have the right to self-govern, formal secession would require a binding referendum and constitutional amendment, which is not currently under discussion in a legally binding form.

There is concern that such a move could undermine Canada’s economic sovereignty, especially in key sectors like oil and gas, and could conflict with U.S. trade interests. Proponents argue that stronger ties with the U.S. and better economic autonomy would benefit provinces with rich natural resources.

Chat with AI

Loading...

Pro features

Go deeper with this episode

Unlock creator-grade tools that turn any transcript into show notes and subtitle files.