The Canadian Bitcoiners Podcast - Bitcoin News With a Canadian Spin - Will Rate Cuts SEND Bitcoin to a NEW ALL TIME HIGH? | The CBP 231 Pt 2

Episode Date: September 10, 2025

FRIENDS AND ENEMIESAre YOU ready for the Federal Reserve to cut rates? Has there been a better example of rate cuts at or near all-time highs in both Bitcoin and the stock market? We're in for a wild ...ride - get stacking and PREPARE FOR RATE CUTS. Also this week - protecting yourself from Bitcoin scammers, Gavin Newsome's memecoin, Keir Starmer wants a digital ID, and MUCH MORE.___________ 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: https://discord.com/invite/YgPJVbGCZX A part of the CBP Media Network: ⁠www.twitter.com/CBPMediaNetworkThis show is sponsored by: easyDNS - https://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.256Heat -⁠ https://256heat.com/ ⁠ GET PAID TO HEAT YOUR HOUSE with 256 Heat. Whether you're heating your home, garage, office or rental, use a 256Heat unit and get paid MORE BITCOIN than it costs to run the unit. Book a call with a hashrate heating consultant today.The Canadian Bitcoin Conference - https://canadianbitcoinconf.com/ The PREMIER Bitcoin Conference, held annually in the great white North, where Bitcoiners come together to share stories, build momentum and have a great time while doing so. Whether your a pleb, business, newcomer or OG, the Canadian Bitcoin Conference wants to see you in Montreal, October 16-18 2025. Don't miss this one!

Transcript
Discussion (0)
Starting point is 00:00:00 can you hear i took off my knee brace there so i'm in this zimmer splint for my knee when i'm not doing my exercises and you have these range of motion exercises you're supposed to do i swear to god i i love like i said to you last week surgeon i had was great both one were great um the rehab guy i'm going to the movement in dundas it's great too but everything is geared toward the dumbest fattest most retarded people and so the exercises they give you for the first two weeks are like just move your knee back and forth, which is important for the first of a while, because the cut, the graft site where they take the tendon, they take my patello tendon, the middle third of it and sew the outside thirds together as I try to find the camera. They sew the outside
Starting point is 00:00:42 thirds together and that middle third becomes your new ACL. So they drill the tunnel and pull it through. And I think I said this before, they take a bit of bone either side of the pteleotendon so it heals better. You get these little bone plugs plus some screws. And the number of times I have moved my knee from straight. I'm doing it right now. I don't know if you can hear the slider I have on the floor, but I have this little slider I got off Amazon. I'm doing this hundreds of times a day,
Starting point is 00:01:08 along with other stuff too, like, you know, marches, sort of shifting weight onto that leg. Because I think tomorrow I'll be out of that zimmer and into a donjoi, like a hinged brace. The thing I would say to people who are going through this, if you ever go through something like this, you can do more than the physiotherapist says, but just know that these are delicate processes for the first two weeks.
Starting point is 00:01:37 There's a lot going on. They're in your joint and stuff like that, and they've done some cutting and some drilling and some sewing and some screwing. And you will feel a lot of clicking. Like, my knee clicks so much now for the first little while because there's like a little cartilage damage and swelling and stuff like that, right? And the wildest thing, I kind of forgot about it because it's been so long since I had this done on the other knee. When you're bending your knee, so if you're knees like this, right, you're bending it at the joint.
Starting point is 00:02:04 You can't get it to 90. You can probably get it to like right there. And at that point, you can actually feel in the tunnel where the screws are. It's wild because it's just a little tight, right? Like the bone is sort of doing something there, but you can't, you don't know what, but you know that you can't bend further than that. and it's an interesting feeling. Anyway, that's the ACL update for this week. Next time you see me, I'll be back to working out.
Starting point is 00:02:29 Didn't talk about was El Salvador buying gold apparently. Oh, what a shock. Are we done with El Salvador yet? Are we done? They also saying they're buying 21 Bitcoin for today. Yeah, good. Yeah, I'm sure he is. When is he going to announce he's El Salvadorian gold beach and gold city?
Starting point is 00:02:47 When's that coming? Huh? When's it coming? When's it coming? We're going to relocate there? Are we finished or we're done? Are we finished or we done with this guy? Man, never. Rural.
Starting point is 00:03:00 Never. Because it's, yeah, anyways, we could talk about the August U.S. non-payroll data. And not just that, the Canadian job report was pretty bad. Nuked. And absolutely nuked, both of them. And so with respect for the American ones, they were expecting it to be 22,000, sorry,
Starting point is 00:03:24 it was 75,000, but in reality, 22,000 were created. So it's just a fraction. Native born Americans bouncing back a little bit there, by the way, but still not enough. And I think that there's some public service numbers in there that are alarming as well, much like ours, actually. Yeah, and Canada lost 66,000 jobs, 66,000 jobs. 6,000 jobs in August
Starting point is 00:03:48 and so unemployment is now creeping up its past 7.1%. And Canada obviously is dealing with the Tatariffs, but it looks like we've kind of shelved that for the time being, right? It's the only way to put it, yeah. It's been shelved. What is the, absolutely, is that? So this is, September
Starting point is 00:04:06 is a month they're going to discuss rate cuts, right? I don't know what time. It's this week. It's this week, isn't it? Holy fuck. Yeah, very good. So that's going to be fun to watch. tell you when it is. It's in, uh, Thursday then. Uh, 17th. So next week. Um, my, my bank, I'm renewing my mortgage right now. And, uh, I'm having these discussions with the bank about, um, I was going to do an episode on this. And I know, I know Ron Butler said he would do it, but I don't want to bug them
Starting point is 00:04:33 because it's not really enough for an episode. I don't think anymore. But if you're renegotiating a mortgage right now, um, first of all, don't lose your patience with the first person you talk to. Like, the people at the bank are trying their best. They're not all as well informed. as well read as you guys are as we are. But I was explaining to the woman who was talking to me about my renewal that if I look at their own economic data, they're projecting significant cuts between now and the end and next year. If I look at the states, same thing.
Starting point is 00:05:06 If I look at the jobs numbers, it shows that it's not going to be 25. It's going to be 50 coming up pretty soon. And by the way, the states now, it's really just a matter of logistics. Let's say on the cuts, you're going to get 75 points worth of the cuts, basis points worth of the cuts between now and the end of the year. The question is, will they do it in 325s or a 50 and 25? That's the only question left is how they're going to distribute the points. But they're going to do 75 bibs.
Starting point is 00:05:30 You didn't mention there, but the payroll data revisions are this week as well. I think tomorrow actually they're announced, and it's expected to be the largest downward revision in 30 years. But they put this stuff on Bitcoin. How could they change this? Turns out that. It's not going back. Len, when it's cheap to spam, you can just add another, you know, yeah.
Starting point is 00:05:50 No, just throw another, instead of data on it. If they're going to lower rates, Canada, too, is going to lower rates? We're going to lower for sure, 100%. Do you think that's going to impact mortgages? Because I ask, because mortgage rates, if you look at, they don't always respond. They don't always respond. Yeah, I know. Right.
Starting point is 00:06:05 And that's what I'm wondering. The question is, the question is, okay, so Boomer says 10 year. I think it's actually the five year, but I have to double check that. The thing I would say is that the overnight rate in Canada is a leading indicator that mortgage rates will come down on a leg. And it's only because weakness means housing weakness, right? The other side of that coin would be that immigration is coming down. But as we've seen with these charts over the last little while, immigration not actually coming down at all. And I think people who say that are incorrect.
Starting point is 00:06:39 I would include Ben Rabidoo in that. We had it out on this show, not had it out. an amicable sort of back and forth about whether or not those numbers are actually decreasing. They're not. It's clear that they're not. They're actually the same or higher. So do I think that it's necessarily going to mean mortgage rates drop at the same time? No. But I do think that if you get a variable rate mortgage, you'll be happy you did it for the next two years, probably minimum, if not longer. That's not financial advice. But that is what I'm planning to do. I'm planning to sign a three or four year variable rate mortgage. I might
Starting point is 00:07:12 I might sign a two-year even if the rate is decent because then it would match up with the other half of my mortgage. But I don't know. These are all things to think about. The interesting thing and the sort of the point of the story here is that the economy is rolling over. And like I said in the title, you know, in the thumbnail there, like you're ready for cuts. Gold is absolutely fucking ripping. And Bitcoin follows gold on like a 90-100 day leg and the move is more volatile. So, you know, 150K by the end of the year, I think it's reasonable target, to be to be perfectly honest.
Starting point is 00:07:45 You're going to get three rate cuts between now and then. I think you're going to get a good look at 150. You might get a look at $4,000 gold, too, to be honest with you. Yeah, 1% every week, you're over $4,000. So, yeah, boomer in the chat, cuts are priced in. I totally disagree. I think that's incorrect. If they're not priced in in gold, then they're not priced in anywhere else.
Starting point is 00:08:09 Just keep buying. I think that's the answer. I do think that's the answer. I sent you some money today. Did you see that? Did you buy with it? No, I didn't. No, I'll have to look.
Starting point is 00:08:19 Your wife didn't tell you. Oh, no. It kept it all. What the fuck? No, no. And that's the Bitcoin around me is like, it just keep buying. Who the fuck cares?
Starting point is 00:08:31 But in reality, it does going to impact. It will, sorry, it will impact a lot of your day-to-day activities, buying food, buying, buying. fuel just minimum wage in Ontario goes up tomorrow 3% too like everything they just keep adding fuel of the fire they won't stop they won't stop Dougie pouring fuel on the fire like pouring booze out at a press conference well that that's tied to quote unquote inflation yeah so that's going sure it is that's the official answer is so regardless it's it was it's going to go up next year too unless they put a freeze to this it's going to go up
Starting point is 00:09:09 with quote unquote inflation again yeah anyways you want to talk about the the fourth party in Canada dnDP this is the cisgender signature story yeah thank you for so embarrassing they're leaderless they are rudderless they're not leaderless they have an interim leader who's been a long that's an interim leader's been a long time memory is not just a new
Starting point is 00:09:35 come lately guy but okay yeah all right it's still they're leader list. Let's be perfectly honest, right? Sure. And they're going to be changing this in a not too distant future because you're going to be going through a leadership convention, a leadership race, and they want to elect one in March of 2026. That's really soon. And in order to qualify for a candidate
Starting point is 00:09:55 in case anybody out there wants to, you have to raise $100,000 and you have to get 500 signatures to qualify. And there's a variety of different things you have to do with those signatures. Because of those 500 signatures, 50% have to come from people who do not. identify as a cisgender man so inclusive I guess up to a point unless you're it's embarrassing like Don Davies should be ashamed of himself for a guy who considers himself sort of a I don't know
Starting point is 00:10:26 does you consider himself a cunning political actor I'm not sure I don't think anyone in the NDP is saying that out loud these days but a guy for a guy to take the interim leadership role basically says you're willing to go down with the ship and think you can avoid that result if it comes to your door um does he have a saying something like this maybe there's probably electoral caucuses and things like this leadership caucuses that make those decisions and they aren't able to push back too much it's that that's a party of the low IQ right lower low income low IQ low testosterone um that's that's really them right they're just low energy losers cucks like what else would you call them really they're they're useless the fourth party as you
Starting point is 00:11:07 said. And it's, you know, it's not just an opinion. It's backed up by the sea count. So they, they should dissolve. Should they not? Should they not go through the same kind of, you know, birth, death, creative destruction process that Stockwell Day went through 25 years ago? Should they, should they not be thinking about doing this and coming out as a new party? Moving to the right a bit and ignoring the sort of, you know, loudest blue hair morons, guys like Matthew Green, you know, permanent permanent victim. He lost, yeah, he lost, but he's still at the core of the party. He's, I think he's still in the running to be one of the federal leaders.
Starting point is 00:11:46 He wants to be the federal leader. So, wow. Well, why not? Fuck, the conservatives did it. They got a guy who has no idea how to win an election. They keep putting him in front of a podium. So why not do it with Matt Green, right? The competition for the NDP leadership is, you know, about as deep as a waiting pool.
Starting point is 00:12:05 So to me, they should dissolve. I don't know why they wouldn't. At the very least, they should abandon these policies that landed them in the gutter, basically. The political whims of Canadians, you know, they're fickle. But you know what? They're consistently showing us that the NDP is not a party that anyone wants in power. So they should be changing their approach, I think. How long have the NDP been a federal party in their current construction?
Starting point is 00:12:40 30 years? What do you mean? Like, you know, like the liberals have been a party in Canada for a long long time. How long have the NDP been a party in Canada like this? 30 years, 40 years or longer? I think they were formed in the early 70s or early 60 years. 50 years. They were like CCF or something before.
Starting point is 00:13:00 And you never won. The only reason you even. got within a sniff of winning Sussex is because you had a charismatic leader at a time when the liberals were lost. No, there was a vacuum.
Starting point is 00:13:15 This is... Oh, whatever. Same thing. We're saying the same thing there. Well, no. Not entirely. I think because the guy is gone. I think our opinion of what happened and who he is changed.
Starting point is 00:13:32 Layton, you're talking about. Yes. And you have to go back in time and figure out why it is they did. So I can't believe we're going to rehash this. But it was a vacuum. You had a federalist party that had to be elected in Quebec because the block collapsed. So which federalist party was going to be elected in Quebec? The conservatives, no. The liberals, they hated Ignatyev. You were kind of just left by default to go to the NDP. If you recall correctly, there was one candidate that was not even campaigning. She was visiting Las Vegas and won an election. I didn't know that. That's funny, though. And she turned out to be a pretty good MP in the end.
Starting point is 00:14:21 She actually worked very hard for her constituents and everything. But that's aside from the point. I'm just trying to just highlight the fact that there was a vacuum that needed to be filled. And that was filled not because of who the leader was. it was just by default they are the party the federalist party that people wanted as opposed to the blues right are cis women allowed to vote in the leadership um ballot you have no fucking crap you have to get a bunch of signatures from uh indigenous you have to get a bunch of signatures yeah see this is they're also youth don dyn davies should resign and like just go crawl into a hole and never be seen again in canadian politics he was on the pagan podcast a little while ago.
Starting point is 00:15:05 I really like Steve Paken, and we are one degree of separation away from each other, thanks to some stuff that both of us do in the community. And next time I see him, I'm going to tell him, like, you know, you should be telling these guys. I mean, he's obviously running a show, much like we are. And, you know, I'm not confrontational with our guests. I don't expect him to be, but you should be telling these guys offline. Like, it's time to reconsider what you're seeing because you have not been successful with this ever, basically. and you just keep sliding the wrong direction
Starting point is 00:15:35 but you know what I didn't they don't give a fuck what the NEP does it's I never the only time I ever think about the NEP is when you bring it up on this show otherwise I never think about them well for a period of four years they were very much in the limelight
Starting point is 00:15:50 because remember they were propping up little government who took over for Jack Layton by the way I don't remember during that time right something was the interim leader then it was Thomas Moucair Malker that's right yeah Nicole Turmel or something, whatever. Then it was Mulcair after that.
Starting point is 00:16:08 And then I don't know if there was an interim leader between Mulcair and Jagmeet Singh. I don't know. Doesn't matter. Anyways. Good luck to them. All right. You see now that in Canada, the people, the police are telling us to, you know, just comply. This is so, like.
Starting point is 00:16:27 Yeah. Yeah. Yeah. Like, you know, and I talked about it on the Bitcoin side of things when they're saying, just leave the keys in the so that way it's going to be non-confrontational. They just take the car. And now it's like they come in a house, just abide by whatever demands they have.
Starting point is 00:16:41 Like what? Right? And a lot of this, it's heat of the moment reaction. Like when something happens and when yourself or family members in danger, it's there's an instinct that comes up, right? And so you could try to rationalize it all you want it and say, I'm going to comply.
Starting point is 00:17:01 But in reality, it's not the case. when somebody is bringing a weapon or it's hard to know if they have a weapon they could be concealing it we're just heading in the wrong direction and i don't know if there's and i've said it before like the the fact i don't think we could save this but it's just if you're an urban center like you're fucked and it's going to be like it's going to get progressively worse and just bear with it like what can i say it's fucking pathetic Yeah, I have a lot of thoughts on this. The guys at the line podcast, Jen, Gerson and Matt Gurney, I think got this right in a lot of ways.
Starting point is 00:17:42 And I'll just, I'll say what they said. And I agree with most of this, if not all of it, maybe on the fringes or on the margins. I have some other thoughts. But the act of breaking into someone's house is violent. Okay, that is a violent act. You've demonstrated the willingness to force somebody to bend to your will. okay um the police this police chief who should resign by the way in disgrace um he's failed his community he's failed his officers i think he's failed uh i think he's failed police all over
Starting point is 00:18:15 Canada with that statement there's two things you can do or two things that should impact the outcome if you capitulate to an intruder right or hide or whatever this guy said but two of them are really on the police and on the justice system. The first is that you should be able to call the police when someone was trying to break into your home and then go hide or leave the property or whatever. And the expectation should be what? That the police show up at that property inside of three, four minutes, max, right? And they stop a home invasion. That's enough of a deterrent to stop someone from.
Starting point is 00:19:00 coming into your house a lot of the time we see this in small communities not break-ins you know where i am knock on wood but um there's police stations around here that there's no traffic you know if i call the police or fire department they'll be here in 30 seconds not the case where these break-hants are happening von markham toronto we've talked on the story before you could be dying in your apartment the ambulance can't get to you and even if they get to you they might get picked off by a hamas protest you'd die in the car that's one problem second problem is what happens if they get caught the deterrent used to be if I get caught here something bad's going to happen to me I'll spend time in jail I could get into an altercation with the police they may they may they may use deadly force and I could wind up you know deceased myself whatever right that's no longer the case either cops don't use deadly force they're afraid to they're villainized they go on paid leave you have just a complete shift in attitude by a lot of
Starting point is 00:20:00 police forces about that sort of confrontation, that sort of conflict. And the other thing, Len, is the likelihood that you go to jail now is basically zero for break and enter. You break into someone's house, rape a kid, and then get released on bail the next day. Go break into someone's house. There's video you waving a gun around on the street, you get bail. So you're not going to jail. The big thing is that much of the like the chilling effect, there's like group deterrence that doesn't exist here in Canada. In the states, there's like some fairly high likelihood in states where gun ownership is legal. There's some fairly high likelihood that a house you break into will be able to match you
Starting point is 00:20:48 bullet for bullet, if not outgun you, because you're on their turf, right? Here in Canada, there's nothing like that. So, you know, in the states, if one in every 10 houses has enough firepower to, you know, chew you up at the door, you're not going to break into the other nine because you're not willing to take the chance for a flat screen TV or whatever, right, for a gold chain. But if none of the homes have guns and even the homes that do have guns can't use them without fear of retribution from the justice system, there's no group deterrent. There's no chilling effect for the thieves. And so they continue to carry out their actions. I just want to talk a bit about, I see Polly in the chat saying cops don't come to my house in 30 seconds. So they won't be here
Starting point is 00:21:35 in 30 seconds. It's an exaggeration. But if I call 911, there'll be an emergency vehicle here inside of two minutes. It's that close. And, you know, I appreciate that living where I live. And I think a lot of people would want that. But the places where this is happening, plainly, I mean, there's an understanding by the criminals that no one's coming, that no one can fight back, and that even if they get caught, they'll be out on the street again, or leaving the country, you know, with their cousin's passport or whatever inside of a week. So the idea that you should surrender. And actually, the police chief said it best, you know, if people feel like they have to fight back at their door, then we've failed as a police force. Yeah, that's correct. You are correct in that assessment, sir, you have failed
Starting point is 00:22:19 that as a police force for sure. No, there's no doubt about that. Um, So, again, people are free to take this advice from him or take this advice from any other police chief who says this and capitulate. But there's no guarantee that you won't be killed by an intruder. You see their face. They might kill you. You don't give them exactly what they want. They might kill you. You have a problem with a language barrier.
Starting point is 00:22:47 Look at the people getting arrested, right? You have a problem with a language barrier. They might kill you. Or rape your wife, rape your daughter. The social contract has been broken. And like I said earlier, you know, seeing Sean Speer, professor at Ottawa, I think Ottawa of Toronto, one of these, you know, broadly left universities, writing about how there's clearly a problem in immigration and the people coming here don't, they're low trust people.
Starting point is 00:23:08 Like, yeah, yeah. There's a lot of things that only work in a high trust society, the justice system, the grocery store, schools. Like, you're going to see this collapsing in urban centers, Toronto's. Like, Toronto is going to be just an experiment for the ages. New York, too, in the States, experiment for the ages. No guns allowed. Come me, mayor.
Starting point is 00:23:31 It sucks, but I do think Canadians should own guns. I've said this before. Like, if someone comes to my house, I'll kill them, for sure. No doubt about it. But I don't want to come to that. But I think every Canadian should be armed. I think it's a rational thing to do. And as I've said before on this program, I'll say it again.
Starting point is 00:23:50 This is just me saying this, not Len, even though he's on the screen. The flashpoint will be when a respected member of the community with a family, no criminal record, you know, otherwise pretty squeaky clean, gets into an altercation on his or her property, kills the intruder and gets punished for it. You know, this guy who just got, was it Lindsay, Ontario where he killed the intruder there. Like, this guy doesn't have a voice. But didn't kill him. Yeah, he actually stabbed him with a kitchen knife and it came out later that the guy had a crossbow. you can't even reach for a kitchen knife in your own house without getting arrested by the cops
Starting point is 00:24:25 when someone with a voice and who's well capitalized or whatever gets into an altercation with somebody and it goes sideways for the intruder that'll be the watershed moment for sure and I wouldn't be surprised Len this is obviously going to continue and it's going to ramp up because we refuse to learn a lesson in this country
Starting point is 00:24:42 the people who vote for this stuff and live around these people they're gluttons for punishment it'll be an election issue I think honestly and it's the only thing I think that could save a Pahliav-led Conservative Party from another defeat is violent crime that's beyond ignoring becoming too prevalent near an election. I think that could probably swing an election,
Starting point is 00:25:04 but otherwise, they got to dump him too. That's a separate story, but anyway. Remember not that long ago, he was saying that for people that were coming to Canada, temporary foreign workers and students, some of them should have an ability to stay here to become permanent residents. yeah and right and now that the winds the political winds have changed and is blowing in a
Starting point is 00:25:24 different direction and so it's the his tune he's talking about lMI as being too much it's putting a it's uh impacting the lower end of the spectrum where people are having difficulties finding jobs and entry level of positions i've said it before with him when he with respect to bitcoin when he flip-flopped on that and i said look this is what going to happen next time and he flip-lop now on the LMI thing and what's to say he he won't flip-flop on that again if the political wins change why wouldn't he he's done it already a couple of times that I have just two examples probably many others as well and another thing to know to the the castle laws is that what it's called castle doctrine in the United States
Starting point is 00:26:10 yeah in Canada this was changed in 2012 by a conservative by conservative government Yeah, Poliyev was a cabinet minister in Harper's government at the time. So, you know what? Take it for what it's worth. I'm not going to say anything more. You could draw your own conclusions. Another thing we should be wondering is Mark Carney was out there this past week and he was talking about what Canadian businesses want.
Starting point is 00:26:42 And the priorities and the things that we have to tackle, he's saying that the chief issue is tariffs and that's impacting businesses. And the second thing he says is access to temporary foreign workers. Insane. Businesses need this. It's insane. It's like to say that out loud as the PM, just an obvious PR mistake. And like, by the way, Canadians, I was thinking about this the other day.
Starting point is 00:27:12 You know, these protests about good. enough to work, good enough to stay, right? You see these guys chanting this all time. Good enough to work, good enough to stay. The thing is you're not actually good enough to work either. Like every business that employs these people, the quality goes downhill, steep, excuse me, steep, steep decline. Everything from Tim Hortons to mobile phone stores to cable companies to whatever, right? Whether you need a car wash or a coffee, these guys just fucking can't do it. They can't do it. They don't have the wear. withal, the IQ, the whatever, okay? You call it whatever you want. They're not good enough to work.
Starting point is 00:27:52 And the businesses that hire these people, like, you know, you know how shit they are. You know how shit they are. And you make a good point there, Len, what's supposed to happen is LMIAs and there's one other designation I forget now. It's like Elite 5 or Elite 3. I forget which one of this. But basically it's like high skill labor, technical labor a lot of times. It's supposed to compress inequality from the top of the salary scale, right? You bring people in to compete at the top level and drive those high, high, high wages down a little bit. They're not meant to come and mix coffees and flip burgers and drive Amazon. It's funny, people, I think, in Canada, view those jobs as like LMI jobs or immigrant jobs.
Starting point is 00:28:39 But the fact of the matter is kids in their 20s, 18, 19, 20, when did they even have a chance to have those jobs? Never. Amazon didn't really become super prevalent until 2018, 19, 20, probably here. Through the pandemic, people really latched onto it. Now you see Amazon trucks everywhere all the time. How many Canadian kids had a chance to work those jobs or the warehouse jobs or whatever? Probably not many.
Starting point is 00:29:04 I would argue even here around where I am, I see that there's farms and whatnot, hiring foreign labor. Yeah, you know, I don't know if a kid would, take a job on a farm. I would think about it probably for the right. But the thing is, and this other guy, I got to find this guy. There's like a labor market impact assessment like consultant who's been active on Twitter trying to defend like LMIAs or not for everyone. There's no, but there is no kids who want to work the overnight shift at a KFC. And people in the responses are pointing out correctly that number one, this guy's a fucking con man. Like his whole career relies on bringing in these people from overseas.
Starting point is 00:29:45 But number two, the thing that they always leave out of these discussions is no one is willing to work the overnight shift at the KFC for $15 an hour. But have you tried it for 25, 26, 27? Some of these LMA posters like Michelle Rumpberg-Garner's Twitter feed says, $36 an hour. How many high school? Everyone is $30-something. Because that's how you get to the high-income stream and the high-income stream is an easier process.
Starting point is 00:30:10 so like they're cheating they're cheating they're cheating the system they're cheating for sure and everybody knows it exchange and people come in and how many high school kids would love to work overnight at kfc for 36 bucks an hour shit every every high school kid would every kid I knew my boomer moment here every kid I knew had a job at a fast food food place when I was in high school we used to go to wendies McDonald's you know we'd stay out until one or two o'clock with one guy we knew with a car we'd all chip in a couple bucks for gas you're picking people up off work like they come get me at zellers then we go to american eagle get someone else go get somebody else
Starting point is 00:30:45 down the street right and go visit people who are working on the overnight shifts at fast food food places is it the most glorious job no like kids don't need glorious jobs they just need experience they need socialization they need you know experience dealing with people handling money handling responsibility working on a schedule independent like we're not doing that now instead we're handing it to gherpreet and other immigrants right and it's it sucks like i you It's almost like impossible now to separate this from Indian immigration. It's almost impossible. Every food service place is Indians.
Starting point is 00:31:18 Every Uber driver's Indian. Every taxi driver's Indian. It's just, it's so prevalent. And it is, it is causing problems for kids. Like, you know, it's just, it is what it is. You can't deny it anymore. And it's good to see people writing about it in settings that would have gotten them fired, you know, a year ago, two years ago.
Starting point is 00:31:41 Overton window is shifting, right? It's expanding, for sure. Let it expand. It hasn't expanded to encapsulate this one. This is more a feel-good moment, more than anything. Formerly known as Young Dundas Square, we have Sankofa Square. Over in Sankofa Square, they've put up an African ancestral acknowledgement over there. I'm not sure if you saw this.
Starting point is 00:32:05 I did. And it reads, as we gather on. On Sancofa Square, we acknowledge all treaty peoples, including those that came here as settlers, migrants, either in a generation or in generations past, and those of African descent who came here involuntarily through the transatlantic slave trade and slavery. Please joining us in paying tribute to these ancestors and the spirit of resilience honoring the past to build a better future together. Wonderful stuff. I feel better after reading that. I don't know about you after hearing it, but that's... I think we should replace...
Starting point is 00:32:38 Yeah, we should replace the hip-hop intro from D's laughs with, um, with that acknowledgement. Yeah. Yeah. Maybe we could hire a temporary foreign worker to read it for us. Yeah, 36 bucks an hour. As long as he kicks back 30 of it to me, no problem. Well, if you reads it in, you know, whose basement is you're going to live in, though, not mine.
Starting point is 00:33:00 I'm not having them. You can have to live in your basement. There's no, A, we didn't talk about living arrangement is fucking just reading this thing, right? Like, come on. Anyway Remember the LMAAs, they make up a bunch of people Remember that new category that was uncovered? Something like 50 million people.
Starting point is 00:33:17 What is it the International Mobility Program or something? My gosh. And then the Canadian website that talked about how you could come to Canada without having an LMI. The best. Incredibly, it was something like 30% of the Canadian population has been, is coming from the last 10, 15 years.
Starting point is 00:33:38 Yeah. 30% of the total population. It's a disaster. It's a disaster. That's amazingly high. The call is on Twitter for not only a halt of the migrant worker programs and basically all migration, but now the call for remigration, sending people who came here like somewhat legally, I guess, or like legally but temporarily, whatever, like sending them back home. home, you're going to have ugly, ugly racism start to show up in mainstream thinking pretty soon.
Starting point is 00:34:16 Zoomers and younger kids who can't work and don't have third spaces because they're just conquered by foreigners, like the shopping mall, right? I saw a good post the other day on Reddit that in some Ontario town, you just can't go to the mall anymore because it's just all people who don't speak your language. They're working there. They're visiting there. Like, the mall's just been, it's been turned foreign. This is how you radicalize a population by doing this, you know?
Starting point is 00:34:44 And there's going to be good people that pay a price for this. I don't know what to say really about it. It's unfortunate. But it's the wrong word because it's not luck of the draw. It was predictable. In fact, anyone who predicted it was called a racist and a xenophobe by government officials up until basically six months ago. so i think the sole purpose of all this was just to keep the GDP
Starting point is 00:35:09 keep the GDP rolling yeah for sure not the GDP per capita just GDP yeah the total number and that was really it and this is the end result of that Joey we're 130 into this whole thing about 30 something minutes into the rest of the stories we can transition to the Hamilton versus Brampton man if you want I'd love to brought to you brought to you by our friends at 256 256 heat heat your home with hash power okay you can hear my minor right now it's running the same place was last time i have to hang it on the wall over there somewhere um i have netted
Starting point is 00:35:46 i think about uh 60 bucks allegedlyish yeah allegedly you know that if i had run it at low voltage low wattage since the day i got it i would net about 60 bucks um and it wouldn't have cost me that much in electricity so it's heating this room great I told Twan the other day, I actually ordered a assault bike and a hamstring leg curl machine, like industrial corporate gym style, corporate gym quality, which I'm really excited about. And I'm going to build a gym in my garage as opposed to where you guys usually see me working out in my HVAC room. And I'm going to bring this heater out there and probably get another one from Thuan because, hey, they work. The room is nice and warm.
Starting point is 00:36:32 and it's consistent heat and it's paid for by by bitcoin so can't beat it i know a couple of you guys have reached out to twan already keep it going 256 heat dot com get paid to heat your house man why the why the hell would you not the time is come for the shutting off the chat here we go there we go we're going in blind we're going in blind so yeah you could play at home and play along with us and hopefully you enjoy it. Wait for the home version to come out, the board game. Hamilton version of Brandon. Interactive DVD. Interactive
Starting point is 00:37:07 DVD. Interactive VHS like that game, nightmare. I was going to say, yeah. Remember that? Yeah. Oh, sure. I fucking do it. Absolutely. All right. Let's talk about this guy and gal who are they went out there and they stole a bunch of meat with a baby. And a man was arrested.
Starting point is 00:37:28 Wait a minute, wait a man. Hold on. Hold on. Hold on. Hold on. They stole a bunch of meat with a baby. I'll explain why. So this man and gal were arrested on suspicion of shoplifting. They were shoplifted because, well, what happened, they had a stroller with a baby in it. And they decided, you know what, let's go to the fucking grocery store and load up on groceries. According to police, the man and women, allegedly they were working together to steal a cigarette. A significant amount of meat from a grocery store. And the woman who was pushing the stroller in the baby in a stroller, she was acting as the lookout and she was trying to distract people
Starting point is 00:38:10 while the man stuffed high-priced cuts of meat in a bag and put it in the baby stroller. And they try to leave the store without fucking paying. And in the end, the store security confronted them. The police were called. This is the best part of it. The man was arrested and faced with theft charges. And the woman was also charged, and they were, well, they were let go. And they were, I love that stuff.
Starting point is 00:38:39 So, yes, we have they, they stole some meat, some high quality, high priced, the cream of the crop meat. Yeah. And they shoved it in. So that way they could hide it along with their baby. That's number one. So I don't know if that's Hamilton or Brampton. The second we have, this guy was driving on the wrong way of the busiest highways. We already know which one
Starting point is 00:38:59 No but this guy's even better Joey It's here 44 fucking kilometers Before police ended up stopping Where was he on the shoulder? No on the fucking highway itself He was weaving in the wrong way down Like in traffic, wow
Starting point is 00:39:15 Just weaving in throughout the 400 series highway And so the police, the OPP officer Was listening on the radio scammers And hearing about some lane hopping That's going on between lanes And going on lanes, shoulders going through oncoming traffic
Starting point is 00:39:29 the whole nine yards and they said he traveled a long way and they said the driver not only stayed on the highway but he also exited at a service center
Starting point is 00:39:40 but he didn't stop there for a coffee or gas he went straight through back on the highway luckily nobody was killed beauty story 29 year old man was charged with possession of marijuana
Starting point is 00:39:50 and he was not charged with impaired driving not charged So apparently he was charged for some other bullshit Released at a promise to appear to court Okay The first
Starting point is 00:40:04 The couple is the Hamilton couple The non-Brampton couple I know this because I think most of the time The Brampton man Population doesn't really go for like meats Right they're more of the rice and veggie type So high price cuts of meat
Starting point is 00:40:23 Probably not But as soon as you said driving the wrong way I knew right away. He went right away. Yeah. Did we want to say the name of the guy? Is it like a sing-adjacent name? So I could tell you that you're wrong.
Starting point is 00:40:35 Wow. It's the Hamilton man. Yeah. I had it backwards? You had it backwards. Finally a miss. Finally a miss. Wow.
Starting point is 00:40:42 No way. Okay. Yeah. No names are given in this CBC story. But yeah, he went the wrong way on the 403, 401 Woodstock, the whole nine. Wow. the people's but the others
Starting point is 00:40:55 apparently meet in the Sikh community from when they could eat like beef and stuff it's Hindus that can't eat oh okay but Sikhs can from what I understand
Starting point is 00:41:06 I'm wrong anybody's out there yeah we're seeking the correct answer on that so we're seeking seeking the Sikhs finally through a curveball at you stumped yeah I can't believe
Starting point is 00:41:17 it I had no idea but yeah there you go we'll be back next week with some more Hamilton versus Brampton Man. And if you have a good one and you want to send my way, I'll be happy to take it
Starting point is 00:41:27 because there's some good ones, especially for Brampton. Like, there's some that I just can't post. I can't talk about because they're pretty off color and stuff, but it's a great place to live. Oh, my goodness.
Starting point is 00:41:43 We're out of here. Thanks for listening. And my brother-in-law lives there, by the way. Well, we can get him on. He can co-host next time you're away. We'll just do him some Brifton man the whole time, yeah. now we're to transition to the shit coin side of things this is the shit coiner's side of the podcast i got a lot to talk about joy you want to talk about some shit coins now or not i thought we're
Starting point is 00:42:03 leaving are we we're we're fucking leaving man it's almost an hour and forty yeah that was a long one good rip though uh come back wednesday me len maybe and the bugle guys for sure we'll be here chopping up for an hour see what those guys are up to and what um the latest and greatest and sound rising the space is there's only one way to end this uh as we gather here at the cb podcast we acknowledge all treaties people thank you very much and have a good day good night

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