The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin - Pizza Pizza Hiring, TFWs on the Rise, One Bite Per Dog! | The CBP 216 Pt 2

Episode Date: May 28, 2025

FRIENDS AND ENEMIESAs Bitcoin hits an all-time high, investors are wondering if it's finally time to celebrate. But does this milestone really matter in the grand scheme of things? In this video, we'll dive into the factors driving the BTC price surge and explore how it relates to the current economic landscape. With inflation on the rise and governments considering carbon taxes, is Bitcoin truly a reliable inflation hedge and wealth preservation strategy? We'll examine the Canadian economy and the potential economic impact of this digital asset on traditional money management. Tune in to find out if Bitcoin's all-time high is more than just a fleeting milestone.Join us for some QUALITY Bitcoin and economics talk, with a Canadian focus, every Monday at 7 PM EST. From a couple of Canucks who like to talk about how Bitcoin will impact Canada. As always, none of the info is financial advice. Website: ⁠www.CanadianBitcoiners.com⁠Discord:   / discord   A part of the CBP Media Network: ⁠www.twitter.com/CBPMediaNetworkThis show is sponsored by: easyDNS - ⁠⁠www.easydns.com⁠⁠ EasyDNS is the best spot for Anycast DNS, domain name registrations, web and email services. They are fast, reliable and privacy focused. With DomainSure and EasyMail, you'll sleep soundly knowing your domain, email and information are private and protected. You can even pay for your services with Bitcoin! Apply coupon code 'CBPMEDIA' for 50% off initial purchase Bull Bitcoin - ⁠⁠https://mission.bullbitcoin.com/cbp⁠⁠ The CBP recommends Bull Bitcoin for all your BTC needs. There's never been a quicker, simpler, way to acquire Bitcoin. Use the link above for 25% off fees FOR LIFE, and start stacking today.

53 16. So my daughter is sick. It was sick last night for the first time, a little bit of a cold. Wait, she hasn't been sick before in her life? Hasn't been sick. No. Wow. Yes. She's almost seven months old. And so yesterday, actually Saturday morning I was playing football. It was pretty cold. It was like 10 or 11 degrees and Kenzie brought her up to the game and sat her outside and she was already showing a little bit of like stuffiness or whatever that morning but we didn't really think anything of it. Sometimes she gets stuffy like kids do and also you know as a note to

you know potential new parents or new parents when your kid has rosy cheeks and sniffles sometimes it means they're about to start teething. So you have all these things to contend with right there's a you know it's a sort of Venn diagram of what does it mean to have a runny nose when this is going on with it, or this is not happening with it, all these things. Anyway, so over the course of the weekend, we noticed she's starting to get a little more tired,

a little more quickly, and it's supposed to be the opposite, obviously. Yesterday night, it landed, the cold, and she would not go to sleep. My wife and I were taking turns trying to rock her to bed. Sometimes it takes like At least for my daughter I think she likes I'm a little more substantial like in the shoulders obviously than my wife is and so there's a little more to like lean on Sometimes that works yesterday. It didn't just took you know, it was a grind to get her to go to sleep and then

she was up in the middle of the night hasn't been up in the middle of the night in then she was up in the middle of the night, hasn't been up in the middle of the night in months. And got up in the middle of the night, started yelling. My wife had a de or a humidifier in her room to try and help with the congestion. And in the middle of the night, when my wife went to get my daughter and try and stop her from crying, you know, they put her on the boob and see if she can calm her down. She opened the door and the humidifier steam poured out of the room. So the humidifiers by the door poured out of the room

to the smoke alarm. And so 4.30 in the morning, I know, I didn't think this would trigger a smoke alarm either, but it did. And so 4.30 in the morning, I get up to this fucking blaring noise and my wife is like rocking the baby in the room. She's like, don't turn the light on. You have to do it without turning the light on. So like I'm

not that tall. I could not reach the ceiling on my tippy toes. So I had to go get a chair. I slammed my big toe into the chair, into the wall or something and tore a fucking huge chunk out of it. Didn't realize it until this morning when I woke up with like blood all over the sheets. I ended up ripping the smoke alarm out of the ceiling. I got to fix it probably now this week, maybe tonight or tomorrow. I'll put like something in there to keep it up there. Nightmare, nightmare.

So I'm going on like no sleep and I got to tell you that it's funny that the difference in the way your kid acts at that age, as I said, she's almost seven months at that age between when she is perfectly healthy feeling like 100% and has what really is just like a little bit of a sniffle, no cough, no fever, no nothing, just congestion. And she is like, like a landmine. If you get too close, touch her the wrong way, move her the wrong way. She's pissed. She's never pissed. Well, you could, as an adult, you could clear your sinuses, like you could blow your nose and shit. Yeah, we're doing it for her. Like, oh, like we're, the snot sucker is like on, it's, it's...

I can't believe that even exists. It's amazing. It's an amazing tool. I like gravity takes, we let gravity take care of it and I was the the old school way Joey there's this amazing story that came out of st. Louis, okay Just truly amazing story. Okay, and I want to lead off with that and the SEMA commissioner That's based over there Her name is Sarah Russell and she's now on paid administration leave P and it's pending a full external investigation into the actions and

Including the failure of a outdoor warning siren system. The story is very simple, right? This is this is a couple weeks old this This there was a tornado or something? That happened on May 16th. Yeah, tornado that hit St. Louis. Okay. So yeah, a little over a week. You're right.

I gave you... It was too many days there, but okay. Five deaths, 38 injured. And allegedly, it was... Russell was not available to press the button. The button that signals a siren indicating a tornado is on its way to alert folks that you know it's things coming and not to be caught off-guard. At the time it should have gone off. SEMA

staff, all four of them including Russell, were in an off-site location. Yeah. They were at a workshop, a collaboration workshop. That's what's being described. And she was at the workshop despite the forecast of severe weather. So her phone must have been notified, her friends must have, severe weather's coming. No, I gotta go to this fucking collaboration event. All four of us, and we're not gonna be there.

Where's the backup? What isn't there, obviously. So when it came down, the tornado was coming, she decided to call the fire department. And there was a message that was conveyed. It was very, you know, it wasn't clear and they didn't know what to do. They ended up trying to find a button. They pressed it. The button's not fucking working. It ended up the button is not fucking working.

Insane. They have standard operating procedures that were drafted by Russell. She helped draft them back in 2021. It looks like they were never fully implemented. Do me a favor, check her out. Sarah Russell, do that search on her. I'm not going to bring it up, but it's beauty. I love it. Yeah. And just it's unfortunately she was supposed to press the button. I think it's actually they were supposed to press the button, right? I'm pretty sure that's what they prefer.

That's her pronoun of choice. That's what I've read a few places, including on Reddit, which is generally pretty left leaning. In the St. Louis city subreddit, they note that this button system was supposed to be replaced with a more modern outfit. So I guess what happens, especially in like tornado alley, what happens is when the NWS, the National Weather Service, like puts a tornado warning out, there's alarms that should be going off, right?

So if NWS says there's a tornado, everything happens automatically. And now there's problems with those systems too, of course, like they misfire. You may remember a few years ago Len on a sleepy Sunday morning, the Twitter sphere going absolutely insane because a missile launch warning was sent out to Hawaii residents. You remember that? Yeah. Remember Ontario, we got something to do with the nuclear. Yeah. Yeah. Yeah. Yeah. By the way, you know, my phone, I don't get any of those. Really? I'm able to turn off all that. I don't get any of those notifications. It's beautiful. I don't get those.

Lucky you. Yeah, boom dust saying that person looks like Uncle Fester. That's a rough comparison, but an apt one. God, that's tough for Sarah. What can you say, man? Look, the thing is that, god, I got to choose my words so carefully here when you when you live in an environment where DEI has taken hold of so many different hiring practices

especially at government agencies it's hard to find out that a button was impressed because there was an off-site exercise and by the way I think she also said they only work business hours. They work like standard business hours, like nine to five. Not great. tornadoes come obviously sometimes after five o'clock and before nine a.m. So something to keep in mind. But when you have these things taking over hiring boards and

taking over HR departments and it's hard to look at what's happened in St. Louis and not think this is a DEI hire. Not just because of this incident but because of the just like demonstrable inability to even communicate at a time when you should be defending yourself and the agency for which you work, the agency that failed St. Louis, St. Louisites, St. Louisans, St. Louisans. She couldn't even do it. Couldn't put together a sentence, was incapable of formulating a coherent thought. You know, it's not like you need crisis management, communication level stuff, but to say that, well, sometimes, you know, we only work nine to five, but we can't press

the button. Here it is. This is all you got to do, Joey. You got it. That's it. That's it. So for people out on the audio, I'm just pressing a button. It's nuts.

It's nuts. And, uh, you know, I, I wish these people in St. Louis the best. Terrible tragedy for those five dead and nearly 40 injured. Not to mention the hundreds of millions of dollars, if not more, of damages to homes and family residences. You're talking about irreplaceable, invaluable memories and roots and communities and history. And it's just because this person was incompetent. There's nothing else to say.

Look, this is an incompetent person. And you could say paid administrative leave, by the way, but she's gone from the SEMA website. So you make it at what you will. The administrative leave is going to be permanent. I doubt the payment will be, but you will not see her again in that capacity. Parliament's back in session, Joey. Love it. Did you watch today?

No, because they just elected the speaker. Yeah, there's no QP today. I didn't realize this theater kid act out of them dragging the speaker to the seat. What is that? I didn't realize that tradition was something we had here. What is the sort of like relevance or origin of that? I have no idea, but every new speaker...

They both seem to be like, Shere and Carney are both... And the speaker having a fucking blast doing it. So they must... It's always like that. Oh, okay. Okay. They're always having a good time. It's a fun event, but I don't know why they do it.

Do they know that 10 million Canadians are visiting the food banks every month? Like, are they aware of that? Has anyone told them them is there a button you can push for that or no? Just checking. I just want to know. I just i'm just wondering about what they know And whether or not it would affect how jovial they are in that moment. That's all just asking anyway. Go ahead Inflation numbers came in too. How about that? Sure, I'd be happy to. And they say inflation, Stats Canada says, to 1.7% in April after the removal of the carbon tax.

Was inflationary, but of course is disinflationary when removed. You can't make this up. The boomers are dumb as fuck, Honestly, God. What else can you say about the boomers besides that they're dumb as fuck? These people are just so fucking stupid that they look at a year of data about the carbon tax and say, yeah, it's not inflationary. They take it away and inflation goes down. That's number one. Okay. That's a big problem I have. Number two, you know, Rich Diaz and the Luniare guys pointed this out too but

we have talked about this as well that the Bank of Canada focuses on what they call core elements of inflation I think they have a different name for it but this in the States they call it core. Core inflation. When those metrics are favorable they really shine the light on them like those things are coming down we're doing a good job but when when they're not favorable, they ignore them. And they say there's no problem, no issues, no nothing. Now here's the problem that the bank is having now. They are cutting and the core inflation metrics are rising.

Okay? They are rising. The jobs numbers came out as well. The jobs numbers, I think we added, what was it, 7,000 or 8,000 jobs, something like that. I'm pretty sure it was the number for the last month. That included, I think about 40,000 elections Canada jobs. So it was actually a huge loss in terms of the jobs in Canada. Wages are stagnant. We've talked about this a million times. No one in Canada is making more money. We are not productive. Our GDP per capita is very low. All these things together

tell you that we are in trouble. TD, ScotiA, RBC, BMO, in all their economic reports from the last two weeks Len, the country gets absolutely pasted. We are in trouble. We are in a recession. People need to wake up and realize that what's coming is gonna fucking hurt and everyone is jovial in Parliament, they're jovial on the CBC. The CBC, you know, when they should be reporting on these numbers, what are they doing? They're trying to get YouTube channels cancelled. We'll talk about that. I want to add that story to the notables, but if you don't own Bitcoin as a Canadian, okay, what vehicle do you have in mind that's going to do better than

Bitcoin over the next five years? What is the vehicle? It's not real estate. It's, I would grant you that maybe, maybe if you own detached property in South, Southern Ontario or in BC as the government puts up hundreds of thousands, if they're serious units or doors or whatever in the shoebox style condos that will outpace Bitcoin. No, no, maybe you're maybe you're maybe you're individual real estate. Maybe you're like primary residents will perform fine, but it's not gonna outpace bitcoin. No fucking way. No, it's not going to yeah The s&p is not gonna outpace bitcoin never does bonds. Sure shit aren't gonna do it all even though rates are rising, which is hilarious Uh, like where are you gonna hide? Where are you gonna protect your money here your wealth? What is your plan?

Everywhere you look there is an erosion of what was a traditionally accepted and successful strategy. Bitcoin is the only thing left, man. It's truly the only thing left. It's the best one. It's not the only thing left. It's the best one. Just to go back, in terms of what's going to hold your value, probably a detached house will hold the value of whatever money you put in. Gold probably some equities probably. Yeah. But Bitcoin will probably be the best out performance. Yeah. Yeah. Yeah. So those others will probably still do the same. It's just Bitcoin. Can we? It's hard to convince otherwise. Go ahead. I was just trying to same. It's just Bitcoin. It's hard to convince me otherwise. I was

just trying to say, that's just my thinking. Like it's just hard to convince me. I want to talk about a story here because I just mentioned it and we may as well talk about it now. This CBC article on what they're calling content farms. I don't know if you see this. This is news to me. This is from today, I think or yesterday, May 23rd. So the Canadian content farm tops politics charts on YouTube before it was taken down. So CBC wrote a hit piece on this guy, Real Talk Politics. And the

guy is basically just like a YouTube kind of politics slop channel. Basically, he is an algorithm heavy guy. Obviously, we've talked about how that works before. And there's a lot of videos here where he's just putting, you know, thumbnails over content. And CBC News did a visual investigation, looked into Real Talks politics account and found his videos were highly formulaic and that the focus of the channel along with sister accounts on TikTok had changed moving from finance content to videos covering Canadian and American politics and now almost exclusively dedicated to them US politics. It's an interesting AI generated entrepreneurial brain rot news type combination. That's what that's how

these guys describe real politics. That's actually how most sane people would describe the shithole CBC coverage. It's not news. It's not information rich new facts. It's exactly the type of stuff that people were concerned about social media users overly consuming. This is exactly the type of stuff that people were concerned about social media users overly consuming. This is exactly how I feel about boomers and their news consumption. Identical. It's almost uncanny that CBC has penned this and is so detached from the poor quality of

its own content and the indefensiveness, indefensibleness of its own brain rot that it pens this and thinks that it's accurate as I'm fighting advertisements here YouTube confirmed the channel was taken down due to violations of YouTube YouTube's policies on spam deceptive practices and scams what they the reason they took it down is because CBC wrote a hit piece and contacted YouTube no doubt about it okay how much power does CBC have more than we think emailing from an address attached to the YouTube channel the person behind real talk politics did not reveal their name but does CBC have on YouTube? More than we think. Emailing from an address attached to the YouTube channel, the person behind Real Talk Politics did not reveal their name, but told CBC News

that YouTube's decision was deeply mistaken, that the company's vague enforcement undermines creators trying to operate within the rules. Here's the best part of the article. These types of accounts are presenting themselves as the way to get informed and they are embedding partisan perspectives typically within that information delivery. So it's really causing this shift in what information people are receiving.

And it's also going to force us to really reconsider what we think of as media literacy. Ding ding ding ding ding. That's the fucking CBC model. No, that is, is every whatever. But the point is the article CBC want to take that guy down and CBC is writing this shit thinking they're talking about someone else. They're talking about themselves. Yeah, but it's everybody. It's not right. Then apply your tax money case for CBC. OK, by the way, they're talking about reducing.

Oh, we got rid of all our bonuses. We hear the Canadian people are upset about bonuses All they did was added to the salaries for this year Like that you do not need the CBC. Okay, the CBC needs your tax money to exist No one will advertise on the CBC Nobody wants to watch Little Mosque on the prairie or Dragon's Den or anything on the shitty fucking app CBC Gem. Nobody wants to watch Rosie Barton talk about the fucking news. Nobody wants to hear Andrew Coyne scream into his pillow on national TV about a once liberal rioting turning conservative. Nobody likes these people. They don't have a working business model outside of stealing money from you off your paycheck.

They don't understand that when they describe other outfits, competing with them by the way, in the article it notes that this was the most watched election coverage in the country. When they write stuff about these other outfits, they are describing methods that they find distasteful that they are employing themselves. 100% of the time. To Lenspoint, it is also CTV doing this. It is also CityTV doing this. It's also the CNN. It's also CBP doing this. It's also... Everybody has a bias. Exactly. The difference is

that for me, the difference is that for me and you, right? Like if we lose the sponsors, there's going to be questions about whether I keep showing up on Monday night, okay. If CNN loses pharmaceutical support, okay, whether that's earned or whether there's some other, you know, method to that mayhem, if they lose Pfizer and Johnson & Johnson as a sponsor, there's some questions about whether or not you're going gonna see Jake Tapper on Saturday morning. Okay? But if CBC doesn't have any advertisers, Len, what happens? Nothing.

They'll get more funding, I guess. They get more money from you and me. I'm guessing, but I don't know how the mechanisms work behind the scenes. You can guess what that pie looks like, right? If that pie was 20% advertising 10 years ago, it's 15% now, 10% in two years, 5% in five years. By the way, even if CBC had an incredible message

that everybody supported, there's not enough people watching traditional television to support a network of that size. To support this hour has 22 minutes, to support all this shit. Like no one, there's not enough people watching it the the model has not evolved and What they have done is embrace the same delivery style that everyone else has trying to impart partisan Viewpoints and personal opinion on to stories. We do it. Everyone does it the difference is that

Someone's got to like what we're doing for us to keep doing it. No one likes what the CBC is doing in terms of like patronizing sponsors and they get to keep doing it anyway. And by the way, they also have the means thanks to the tax support to take down opposition channels on YouTube. Unbelievable story. I don't know how they have that. Is it? It's an American outfit. It's a entity. They haven't they have a converted. They have it. They have converted. They have not gone away from woke. They have not gone away from woke. You know, Facebook has, you know, and we, you know, we've talked about the rationale for some of these companies to have gone away

from woke, you know, they're playing with the political whims, whatever. Fine. But like YouTube has not done it plain and simple. So yeah, boomer in the chat. CBC YouTube videos get almost no views. It's true. There are more people employed to make them than there are views. We didn't we talk about this one time, you and me, as I'm as I'm remembering the conversation, I'm realizing that we cannot talk about it on the air. But we did one time talk about, I think, a podcast, maybe.

Yes, we did. And it got to like two, 300 plays or something like that. You know, like that. Yeah. Let's move on. Whatever. Well, you're riled up. Let's continue the trend. Canada pension plan. Oh yeah. Go ahead, Joey. You want to just... What do you want to talk about? My friend, Millennial Moron doing the Lord's work as always talking about how these guys underperform their benchmark again. They set the benchmark for themselves. They don't set it against the market. They don't set it against the S and P. They don't set it against the fucking T they set their own benchmark nonsense benchmark. They can't beat it. They keep making

it easier. They still can't fucking beat it. And the guy at the head of the ship just gave himself a 20 20% bonus. And is that the number I saw? Oh, let's talk about them investing more into US equities. I love that too. Over Q1, while your elbows were up, if they weren't zip tied behind your back in a home invasion, of course, your elbows were up and you were told by everybody that you can't buy anything that wasn't made in Canada, no matter what the cost. Grocery stores who were price gouging you a year ago, according to some, now have an excuse to pull competition off the fucking shelves and put a Canadian flag next to the French's ketchup and force you to fucking buy it for eight bucks a bottle. While all that was going on, the CPP

moved almost all of their exposure to the United States. All of it. almost all of their exposure to the United States. All of it. So one of two things has to be true, okay? Either the government told you to act in a way that put your pension at risk, right? Because if all your exposure is to the states, then buying only Canadian at the expense of the US puts your pension at risk.

I'm told the pension is a golden goose. Those are not my words, they are someone else's. You can look into that yourself. If that's the case, then that's completely irrational for you to act against your own self-interest and act against your own pension. That's one possibility. The other possibility, Len, is that it doesn't fucking do anything when you buy all Canadian goods. It has no effect on American companies. It has no effect on American equity prices and has by that rationale and vis-a-vis those two metrics has no effect on American equity prices and has by, you know, by that rationale and vis a vis those two metrics, no effect on your pension. This whole thing

unraveled so fucking fast. And again, the boomers just do not get it. They do not understand how they are being played. But maybe they do. They just don't. I don't think I don't think they do. I don't think they do. Same position. I don't give a fuck. I just it blows me away. It blows me away. You can't even talk to them about it.

Like they try and bring like, I don't know. I'm I still I got to tell you, you know, I value a lot of the relationships I have with my my boomer relatives, my in-laws, my my parents. But I am so close to just going nuclear at like a Thanksgiving dinner. You have no idea. You have no idea. You'll get a message on your phone

if our local authorities remember to push the button. I'll tell you that. 2025 immigration numbers, they came out. And how are they? How do they look? Tell me how they look. Is the line going up and to the right or down and to the right?

Incredibly, I didn't believe this was possible, but temporary foreign workers in Q1 2025 is higher than Q1 2024. It is? Yeah. Wow. And, and hold on a minute. Are they I'm literally I'm shocked. I'm not trying to bullsh**t. Are they working agricultural jobs and construction jobs the Canadians I don't know what the middle of the fucking winter is that what I'm supposed to believe I have no idea that's pretty weird wouldn't you say how many high-rise buildings are being put up in January how many strawberries are being picked in February in Canada any idea is the answer greater than zero

what are we talking about 40 What are we talking about here? 42,000 permits were granted in 20, a little bit over 42,000 were granted in Q1 2024 and 2025 it's a little bit more than 44,000. About 2,000 more were granted entry in Q1 2025 versus 2024 which I find I actually am a little bit stunned at this because they were talking about reducing the number of everything just last year, but there's no reduction. There's no reduction. Like I had this argument with Brabadoo on on the show I do not give a shit let it fucking

Continue it's going to get because there's no other way it this is the row we have chosen in this country Okay, and he said it's gonna decrease. I said even if it decreases you're gonna get more asylum claims He said he wasn't sure now you got an increase in TFWs and an increase in asylum claims. The worst of both worlds. And we'll talk about it. We're going to talk about another story. Just in case you weren't sure where they're working. Probably Pizza Pizza by the sounds of it. I don't know. Like is that... I don't want to talk about that because that's hard. It's in the list. What do you mean? You put it on the list. I well, yeah, but I don't know. I use it as my tag for the show. I understand. But I don't know how I could talk about it in a way that is not going to be there's a guy

Who made a video out of pizza pizza? You know what? It's easiest. It's not you or I say show the video Let's show the video. Exactly. Let's show it find it. Where is it? Is it the link in the stories? I gotta find it now. I'll send you I'll send it to you in the private chat. Okay. Okay. Sure This nuts it's absolutely fucking nuts, man. Like what, what is going on? What is going on? Hold on. Let me max this out. Let me share. This is, and this is why like I am checked out and I'm just waiting for the time to just execute is it's there's no point. The thing is done. Yeah. I just, it's, there's no point the thing is done. Yeah, I just it's there's no you just have to find a good place to hang out until you go that's basically what it boils down to. There's no reason to fight it is just wasting energy. Agreed. Here it is.

You guys have a job sign on the window that says now hiring, correct? Actually, correct what it is. I can't say anything about it. My owner is coming in just 15 minutes. I know what it is though. You guys aren't hiring without your... You're not hiring outside of your race. That's what it is, right? She told me that the job's been taken.

You told me that there's already a guy here. And now you're saying... Now you're saying to me sir that oh I can't say anything you have to wait till my boss comes that's what's going on so I want you people to see today that I'm being refused in Canada a job from West Indians her here and this man Now, I will admit that that story lacks sort of a smoking gun, but Len, again, I find myself in a pickle looking for words. If I look at franchises around me, and I tweet this all the time, that if you don't support local businesses, you will wind up in a century initiative freak show where nobody is Interested in hiring any old stock Canadian of any color by the way. I just want to re-emphasize every fucking week

It's nothing to do with race has everything to do with culture If you go to any chain restaurant around me pizza pizza Subway McDonald's Quiznos, what else is there? Quiznos? I haven't heard of that in a long time. Quiznos. What else is around me? Avondale, Circle K, the gas stations. It's all, it's all new immigrants. And at some point, you have to recognize a pattern in the hiring practices of these businesses. There's no one there who is not a new immigrant. And I don't know what to do about it

because you're in a position now where you have put, you've put yourself, you've exposed yourself here as a Canadian to a culture that you should have known was going to behave this way. Whether it's the hiring along cultural lines, whether it's, you know, we could go even further, right? Like we've talked about like sexual depravity in some of the people that come here. You know, we talk about anti-Semitism in the streets. And you can say whatever you want.

Like, okay, I don't like the way Israel is treating Gaza. I'm pro-Gaza, pros. I don't care. The point is that only one group of people is calling for the death of the other group in front of the fucking hospital. Okay? Did you see that today in the house in front of the parliament? Did you hear about this?

No. What happened today? Let me guess. A Hamas supporting group was waving flags and causing a ruckus in front of parliament. They poured fake blood on the ground and had to have been escorted with how much more, how much more can reasonable people take is the question that we have to start asking. How much more can they take? I like the fact you still get riled up for this because it drives me nuts. I'm so lucky. I'm so lucky that where I am in my little conclave here,

okay, in my bubble, there's none of this, nothing zero. It's like it never happened, but as soon as I drive 10 minutes, it's everywhere. And like, my concern remains the same, not for me, but for my elderly neighbors, right, who can't go anywhere and don't necessarily, I know they don't agree with this stuff because I talked to them. Like they can't go anywhere. They don't want to leave. And I don't want to leave either. but much like you, if things ever go sideways here, like I'm not gonna wait around

to find out how it turns out. I can just look at these third world countries where these people came from to see how it turns out. Why would I wait for it to happen here? It's like, it's unbelievable. The difficulty that some people have in realizing that there is no magic soil here. Canada is great because the Canadians, Canadians of all stripes, all religions, all ethnicities,

all races, all whatever, but they're Canadians first. And the people that are coming here now are not Canadians first. They're not. And you can pretend or ignore or argue, but you're wrong. You're wrong. And I've said this before, that your affinity for the policies that lead to these outcomes is inversely correlated with your proximity to them. But soon, the boomers are going to find out that they've done too much. And that stuff is going to come closing in on them in a hurry. hurry and there's gonna be nowhere for them to go when it happens.

Did you ever hear of something called a Brampton mortgage? Yeah of course. I've never heard of it until this week. The Brampton mortgage is the it's just a fraudulent mortgage it's like an inflated income. Yeah yeah yeah so some guy was talking on reddit he says he can't pay his mortgage and he's asking if bankruptcy is the only option. He said he got a Brampton mortgage. I'm reading it from Reddit, so these are not my words. Yeah, this is a Reddit post making the rounds. And for an investment property in 2022 at the peak of the real estate market when I

was 20 with no job while in school, Stanley Fomote into the market and faked his income. And he didn't understand anything. He just told us on documents. Obviously, that's not the best of things to do. But now he's down a couple of hundred grand because the market's not doing as well as he thought or they thought was happening. I didn't realize that was the case for people getting these mortgages with this. They're working.

Okay, so I'll tell you what they're doing. This is again, like same vein. Fuck. This is a tough, tough episode. It's the same vein. Like the businesses asking for TFWs are bringing the TFWs over. They're stealing wages from them. And then also writing them fake income statements to help them get mortgages at banks who refuse to look and verify the income because they just want the mortgage and the flywheel turns. And like it's just so obvious that this is going to fucking end in disaster for everybody. But everyone, like I said before, they just

pretend they're just pretending not to see it. Like, okay, man, it's a fucking bad idea. It's a bad idea. And they're saying that people first time mortgage. Your laundry done? Let's jam to that song. Yeah. Yeah. I turned off because my daughter wakes up when it goes off. So I didn't realize that was an option, but I kind of like having that tingle. I usually do a jig when I hear it. So for new people that got a mortgage, apparently 17% missed a mortgage payment. I have never missed a mortgage. To me, missing a mortgage payment is like the end of the world for me.

It's unfathomable. Yeah, because I would imagine maybe I'm just being overly dramatic, but it seems like you're at risk of losing your house. I don't think that's the truth in reality, but I just can't imagine missing a mortgage payment. I don't want to say I can miss anything else, but man just can't imagine missing a mortgage. Like I could, I don't want to say I can miss anything else, but man, the mortgage payment, like that, that is like the one thing you have to pay always, and you have to have the money for it, but there's 17% of first-time

home buyers are missing that. Good thing is first-time home buyers make up a very small percentage of the overall mortgage market. So this is just a literal drop in the bucket. Totally. It's just, unfortunately, it's just a, just a wrong. It's easy to avoid though. Like I think, um, Ben and Ron Butler, who's been on the show before and Soretzky and all those guys, like they all basically make the same case that you could put a thumb on this immediately. It'd be instant if you just had CRA income verification at the bank, but there's a refusal to do it. No, I think there's more to it.

I think people just don't understand what's involved in home ownership. They think, oh, I'm going to own it and you don't look at the property tax. That is part of it, but that's not the Brampton mortgage part. No, but I'm not saying this is the brand. I'm okay This might be as a greater overall trend because there are people losing jobs for instance Yeah, and that's not anything to do with more with rent and mortgages It's just the shifting economy and people just aren't raking in as much income as now they were before So what's gonna happen is obviously you're to have to miss payment on something. In this case, it's going to be the mortgage. Auto loans are going up too. People are buying cars. They're overstretched and they

have credit card payments and they rack up bills there now. Even though rates are coming down, still carrying a balance and a credit card is fucking brutal. Who knows? Maybe they go to those payday loan places, which is just like sharks. Yeah, 50% APY or whatever it is. Yeah. Yeah, I don't know. It's, you're living in a, you're living in the decline, you know, like my brother-in-law used to say

on two whites and a blue, there's a lot of people living in the slip, you know? You just, you just always one issue away from destitution. And it seems like a lot of people just don't see it that way. Maybe they take on more debt. I mean, we talked about in the past, it's like financing Taco Bell orders or whatever. And now even those guys are losing a bunch of fucking money on people who can't make their Chipotle payments. So Clarma, they're doing the buy now, pay later.

Yeah. Right. And the Clarnavores,, I'm going to get the clarin of wars out there. You know, last year, Q1 2024, they reported a loss of $47 million. This year, Q1 2025, $99 million. A portion of that could be attributed to inflation. Like the dollar isn't worth the same as last year, but this is double. It didn't go down. It wasn't that big a thing. They're saying credit card loss is also increased by 17%. So people are just, they don't have credit anymore. And I look at Karma, you know, Karma should do one thing though. They should take advantage of their own business. They should

find some other sucker out there that's willing to loan them another buy now pay later and just fucking finance it like that and just use the karma model but somebody else could do it. I don't know. Like this is just really just kicking the can down the road. There is a there's a meme of a kid. What do you do when somebody buys food with Uber? Yeah. And they don't have, you know, it's done. They shit that food long ago.

You can't fucking repossess. Right. Like what the fuck you do? It's like you're taking blood from a stone. There is. There's a meme of a kid who I've seen on Instagram before. I don't know what his deal is. I think he's like maybe a steroid guy.

Anyway, he's young. He's got to be like 20, 21, something like that. He's very young. And he's talking about how he just discovered a way to fly to Miami for free. And he pulls his phone out and it's like, let me guess it's Klarna or something. One of these buy now, pay later apps. He's like, look at this. You pay $16 a month. It's like probably for fucking five years or something. Oh, and then declare bankruptcy. And he's like, he's like nothing do up front. He's like, me and the boys are flying to Miami. He's like, just booked it for free.

Oh, no, it's unbelievable. Somebody had to pay for that jet and the fuel and all that shit. I know it's it's just free. The mindset people have. but things are in decline, you said. Yeah. Everywhere is like that. It's not just Western supply. Like everywhere.

Well, there's a problem. You're at the end of a cycle to bring it back to the front of the show here. You're at the end of a cycle and you can either realize it and try and prepare or you can pretend that nothing is happening and pay the price. I want to talk about this last story and it's about accountability. Sure. And it's a fucked up story out of BC of all places. And a woman was bit by a dog at an apartment complex and where she lives in Vancouver. And the dog in question is a mini Australian Shepherd. So not a very big dog, but still the woman was passing the dog near the elevator, the dog in question is a mini Australian Shepherd. So not a very big dog, but still, the woman was passing the dog near the elevator,

the dog and its owner, and the dog bit her, causing her to head to the hospital to get checked up. And she filed claims totaling almost $5,000 in damage, 4,800 in change. Wow. So the BC Civil Resolution Tribunal decision came out May 5th, and it's very interesting. They say if the dog has not bitten before, the owner could not know that it has it within

them to be dangerous and thus, every dog is entitled to one bite. Where's the accountability? Every dog is entitled to one bite. This is where we're at. What can you really say about that story? I don't know. Every dog is entitled to one bite here on the CVP. How does she get $5,000 worth of damages? Isn't healthcare free? What's going on?

No, it was some irritation in the skin. It's like if you get bitten by a dog, you're probably gonna lose some time from work and shit like that. There's more to it. Right? Yeah. I mean, my dog doesn't bite me, but we fight a lot. I always have like scratches and shit on my arms and legs.

But imagine you're just walking in public. And you get bit by a dog. Yeah. Yeah. You don't expect that to happen. If it's one thing, it's your dog. But if some stranger's dog does that to you, obviously you want to get something in return for the pain and suffering.

In this case, no, because that dog is entitled to one bite after that. Then we could discuss one bite. Everybody knows the rules. The different meaning, though, not reviewing pizzas this time talking about dog. Let's get the fuck out of here. I'll see you Wednesday, I guess. I don't know. By the way, it's a very pizza-centric episode between the 10,000 Bitcoin for the pizza.

Pizza. Yeah, there's a lot of pizza related stories this week. I don't know. We'll see. Maybe we'll see on Wednesday with Len and I again. Maybe I'll, I don't know. I'll do a bar. I'll do a might work out and answer questions. Let's play some NBA jam together. Let's do a session. We play online. Can we do that? Yeah. Why not? I don't know. I've never tried. Let's fucking do it. We'll see. Or maybe I'll see if like wayfaring wants to come chat for a bit. I don't know. We'll see. I'll see. I'll find something to do on Wednesday. Anyway, don't worry about that. We'll see you guys then. No NBA jam. Okay. All right. Don't be a cock.