Out-of-Touch Carney CAUGHT on Camera - Laughs About Lost Jobs

Honestly, Canadian Liberal Nation, I

don't know how you can support this

prime minister any longer with this

display of absolutely disgusting, snotty

elitism. Take a look.

>> Well, boy, the dinners at Basil were I

mean, they were crazy,

right?

>> Very good wine.

>> Yeah.

>> Go on, tell the story. Tell it.

>> H I Well, okay. This is a long time ago.

Uh, in fact, it was um two weeks into

the job uh at at Governor of the Bank

Canada. It's uh February 2008. Uh and I

go there and Bear Sterns is collapsing.

Seemed like a big deal at the time. In

retrospect, it was like that was nothing

but it was a big deal. Uh and uh we had

to decide because Asia, you know,

typical Asia was going to open and so we

go to this dinner and it's called the

G10 central banks. Uh so it's the core

group of central banks and JeanClaude is

the chair. We show up and we have an

hour and a half to make a decision about

flooding the system with liquidity or

shutting certain things down, etc. It's

pretty complex, but we're around this

dinner table. It's like a seven course

meal. And um and Trice spends the first

10 minutes. He welcomes me, which I

thought was nice. Mark, welcome. And

then he says, "We have the best wine in

Europe at this dinner." And since it's

the best wine in Europe, it's the best

wine in the world. And then he goes

through the wines. He describes all the

wines, you know, tick tick tick. And

he's like, "We'll have this one, but you

know, the pino grab." And I'm like, and

then he finishes it and he says, "Okay,

listen. We have uh we only have we have

an hour."

And he says, "Okay, we have to decide,

you know, we have to decide because the

politicians, you know, the politicians

are useless, basically, as he says, and

if we don't decide here, all is lost.

Ben, what should we do?" Anyways, an

hour later, all I remember is I'm like,

"Yeah, the wine is fantastic.

How much how much are we on the hook

for?" But anyways, we've got it done.

So, yeah, the central bankers have a lot

more fun and the polit We're working all

the time. No fun. No restaurant. No

restaurant.

>> Absolutely disrespectful and

unbelievably insensitive. There is

something deeply wrong happening in

Canada right now and with that prime

minister. And there are millions of

Canadians sitting here right now

watching this going, "We're struggling

to afford our groceries. We're

struggling to pay our mortgage or our

rent. We are using food banks and

standing in lines across this country

seeing record demand for all of this

because it's not going well for us." And

our prime minister is halfway around the

world yet again, laughing about

expensive wine, dropping the f-bomb, no

less, and reminiscing about seven course

dinners with the world's most powerful

elite bankers. And our media is laughing

along with him. They're treating this

story like a charming personality

moment. He was a little more

light-hearted than usual. How cute is

this prime minister? like it's somehow

relatable to the average everyday

Canadian who's buying $10 wine, not

thousand wine. But let me ask you

something. When was the last time you

sat down for a seven course dinner with

the best wine in Europe while deciding

the fate of the global economy? That's

what I thought. So today on Tapped

Maple, we're going to absolutely

destroy, dismantle, and obliterate

exactly what happened here in this

tonedeaf performance that I can't even

provide words for. Why the media is

pretending it's harmless as well. And

why this moment perfectly captures

everything that's wrong with Canada's

political elite right now. Let's get

started. Let's tap into the truth.

>> Welcome to Bakes on Things.

Welcome back to Bakes on Things. Tap the

maple for your Thursday morning and I've

got a lot to say about this one. Canada

is in the middle of the worst

affordability crisis we have seen in

decades. Housing costs have exploded.

Groceries have skyrocketed. Interest

rates crushed families who bought homes

in good faith. Young Canadians are

delaying their families. Seniors are

going back to work. People with

disabilities are trying to take side

hustles and hope it doesn't get clawed

back. Middle class families are quietly

racking up credit card debt just to keep

up with the basics. Food bank usage is

beyond control right now in this

country. Not just in Toronto, not just

in Vancouver. It's not a big city story

anymore. It's everywhere across this

country. And yet here we have a prime

minister of Canada sitting in Sydney,

Australia at a think tank event of his

friends again laughing about seven

course dinners with central bankers in

Basil. Talking about the best wine

Europe has to offer, dropping the fbomb

casually as a leader of a country while

joking about how long it took someone to

explain the wine list to him. And the

room laughed. They chuckled. Hardy har.

That's hilarious. Of course, they

laughed because they're just like him.

That room was filled with the exact same

global elite class that lives in the

same bubble as Mark Carney. But the

average Canadian watching this, despite

the people in the media who are trying

to promote it as a light-hearted moment,

well, I I would imagine you weren't

laughing very much. I imagine you were

probably wondering how someone this

disconnected from everyday life ended up

running an entire country. Well, you

have the liberal supporters in this

country to thank for that. And what you

saw in that story wasn't just a joke

being made by Mark Carney. It was a

window into how Mark Carney actually

sees the world around him. Remember who

he is, my friends. He is part of the

elite across this planet. He's not a

career politician who worked his way

through local politics. He's a global

central banker who has been spoonfed his

entire life and has never known how to

pinch two pennies together. He's been

with the Bank of Canada. He's been with

the Bank of England and Davos, the World

Economic Forum. His professional life

has been spent in rooms filled with

finance ministers, billionaires, and

central bankers discussing the global

economy over expensive dinners and

having to choose from an effing wine

list. Oh, what a terrible experience.

That's the environment he's comfortable

in. Seven course meals, private

conversations with world leaders, closed

door discussions about global markets.

And the problem with that? Well, that

environment looks nothing like the lives

that you and I lead. That looks nothing

like the lives of the people he is

charged with governing. When Canadians

talk about affordability, they're

talking about their own rent, their

groceries, their gas, their insurance,

their daycare costs. When Mark Carney

talks about economic crisis, he

remembers the wine list. Are we putting

two and two together now? Cuz that

disconnect matters, Canada. It shows

exactly where the priorities of the

political class really lie right now in

this country. And listen, there was a

line I'm going to repeat for I'm going

to show it to you again in here that you

might have missed. But the most

revealing moment in that entire exchange

didn't actually come from the hardyhar

laughing or the wine story. It came from

one single sentence that slipped out

while Mark Carney was laughing with the

audience that everybody around this clip

has just some weariness about pointing

out clearly. While telling the story

about that seven course dinner during

the financial crisis, Carney said

something remarkable. He described the

Bear Sterns collapse, didn't he? Take a

look. 2 weeks into the job uh at

Governor of the Bank Canada. It's uh

February 2008. Uh, and I go there and

Bear Sterns is collapsing. Seemed like a

big deal at the time. In retrospect, it

was like that was nothing but it was a

big deal. Uh, seemed big at the time,

but was nothing.

Nothing really. Well, let's pause on

that line for a second, Mark, and think

about this for a second. Because if you

were one of the 15,000 employees at Bear

Sterns, I can promise you you didn't

feel like it was nothing. Those people

watched their entire company collapse

overnight. They lost their job. Their

careers were destroyed. Their retirement

savings wiped out. Bear Sterns was well

known that all employees invested in the

company. All of those savings wiped out,

gone, 15,000 people, entire families

forced to start over financially, sell

their homes, move into small homes. Bear

Stern's employees lost billions in stock

value and pensions had been built over

decades that were lost as well. For

them, that crisis wasn't a funny

anecdote told over a glass of expensive

European wine. It was the moment their

financial security vanished. So, no, it

wasn't nothing, Mark. And yet, we have

this prime minister of Canada describing

that moment as basically completely

insignificant. I don't think he meant it

maliciously. I don't know if he even

meant it angrily. I think it was just

casually because that's the life he

leads almost as a throwaway line in a

funny dinner story. And that right there

should tell you exactly everything that

you need to know about the difference

between how the financial elite like

Mark Carney experience crises like the

collapse of Bear Sterns and how ordinary

people experience them. Totally

different. Total disconnect for the

people sitting around those banker

tables in Basel. The collapse of Bear

Sterns was a policy problem to solve

before dessert. For the people working

inside Beer Sterns and the clients

affected by Bear Sterns, it was the day

their lives were turned completely

upside down that would take them nearly

a decade to recover from. That's the

difference between managing a crisis and

living through one. And the more

Canadians hear stories like this, the

more they're going to realize something

very uncomfortable about the prime

minister they voted for. The people

running the global financial system

often experience its failures very very

differently than the people who actually

suffer at the hand of those failures.

And this is a prime example with Bear

Sterns. Mark Carney calls it nothing,

the people affected by it would beg to

defer. And if this had happened during a

calm moment in global politics, it would

still be tonedeaf. But this timing makes

it even worse because right now the

world is watching a rapidly escalating

conflict in Iran and Mark Carney is

having a chuckle with the elite in

Australia. The Middle East is literally

on edge. Global energy markets are

nervous. Western governments are trying

to coordinate responses to a conflict

that could spo spiral into something

much larger as Iran again increases its

threats. This is not a moment for

light-hearted storytelling about wine

lists and banker dinners. It's a moment

that demands seriousness as a leader of

this country, as a leader in this world.

Leadership focus. Instead, we got

standup comedy in Australia, didn't we?

Instead, we got standup comedy about

central bankers arguing over penog

gregio. And again, the media is still

framing this like it is a charming

anecdote, a rare, light-hearted moment

from an otherwise serious prime

minister. But imagine for one second if

a conservative leader had acted like

that. Imagine if Pierre Polyv was

overseas laughing about luxury dinners

and very expensive wine lists, worrying

about who was going to have to pay and

be on the hook for that bill while

Canadians were struggling. The media

would be calling it completely out of

touch, completely unhinged. They would

say it proves he doesn't understand

ordinary people across this country. But

when Mark Carney does it, it's

lightigh-hearted moments. It's laughing

around. It's just being part of the

guys. Suddenly, it's personality we

don't get to see very often. Suddenly,

it's relatability to the rest of us

because he knows how to laugh. Suddenly,

it's refreshing. That double standard is

impossible to ignore in this country

anymore and we need to call it out every

single damn time we see it. This moment

exposes something deeper about Canada

govern Canada's governing class. They

live in a completely different reality

than you do. If you are a liberal,

conservative, NDP Green, I don't care

who's watching this, you live in a

different world than Mark Carney. Think

about the room Mark Carney was speaking

to. The Loey Institute in Sydney,

Australia. Do you know who they are?

They're a global policy think tank.

They're a giant room of diplomats,

policy elites, and academics. Not one

person like the rest of us across this

country. It's financial insiders. These

are the people who attend Davos. And

again, when you saw the standing ovation

in Davos, those were his people. Wake

up. These are the people who attend

World Economic Forum meetings. These are

the people who fly between global

conferences discussing the future of

this world. And when they talk about

economic crises like things like the

collapse of Bear Sterns, they talk about

them over seven course dinners with the

best wine in Europe. Mark Carney just

admitted that in that clip. That's their

world. It's not yours. It's certainly

not our world here in Canada, is it?

We're not seeing anything of the sort.

We're not seeing the average Canadian

family order a thousand dollar of

European wine. The average Canadian is

facing mortgage renewals this year. The

average Canadian is facing job losses

this year. They're debating whether they

can keep their home or not this year.

The average family standing in line at a

food bank isn't reminiscing about luxury

dinners in Switzerland, are they?

They're wondering how to feed their

children. And when the prime minister

uses your taxpayer money to fly across

the world and laugh about the elite

lifestyle, it reminds people exactly how

far removed this political class has

become from everyday reality. That's the

bottom line. $300,000 of your taxpayer

money to fly him there to go and laugh

in that room. And where was Matt Geroo,

by the way, who's attended this entire

trip? Probably in the audience. So why

is this media making light out of all of

this? Why are they framing it as

harmless? Because Mark Carney represents

the same world view as the institutions

that are covering him. The same global

institutions, the same policy networks,

the same academic circles. He's one of

them. And he's not going to ever be one

of you. That's why stories like this are

softened. The tone becomes lighthearted

because they are part of his world, not

part of your world. The language becomes

relaxed. He's calm. It's a new

light-hearted moment from our prime

minister.

The focus becomes how charming the

moment was. Are you kidding me? Instead

of asking the obvious question that most

of us are asking, why is Canada's prime

minister joking about luxury dinners

while the country faces an affordability

crisis? Why was he allowed to fly a

$300,000 perflight plane over there to

do this? It's the same media ecosystem

that spent years telling Canada their

declining living standards were either

imaginary or necessary for climate

policy to be achieved. Now, that same

ecosystem wants you to believe this

moment was no big deal. on the world

stage. It's a light-hearted, laughing

prime minister. But Canadians, well,

we're starting to see through all of

that, aren't we? And in the end, this

story about wine isn't really about

wine. It's about the distance between

Canada's political elite and the people

that they govern. This was a disgusting

display of what we all knew was already

happening, but now it's on tape. For the

people in that room in Sydney, the story

was funny. For Canadians struggling to

pay their bills, it felt like a giant

slap in the face with the back of Mark

Carney's hand. And moments like this

matter because they reveal something

much, much deeper. They reveal that the

culture of the ruling class is way off

of the culture of everyone else. A

culture where global elites gather for

luxury dinners while debating economic

policy, shrugging off collapses like

Bear Sterns, and getting frustrated by

the giant wine list. A culture where the

consequences of those policies are felt

by ordinary people thousands and

thousands of miles away back at home.

And a culture where the media will

always rush to protect its own. And one

of its own is Mark Carney. Canada

deserves leaders who understand the

country that they actually govern and

the people that they have to lead.

Leaders who recognize the struggles

people are facing on an everyday basis.

leaders who know that when families are

struggling to afford their groceries,

maybe it's not the time to go to

Australia and sit there and joke about

seven course dinners and the luxury

thousand wine list. But what we saw in

Sydney wasn't just a joke. It was a

glimpse into the mindset of the global

elite. And the more Canadians see

moments like that garbage that we just

saw at the top of this show, the more

they're going to start asking a very

simple question. And you absolutely

should be asking it. Whose country is

this really being run for?

That's how you tap into the truth. Talk

about it in the comments. Let's go.

Let's have the conversation. You know

what I'm talking about. Let's do it.

Thanks for watching. We'll see you this

afternoon at 2 o'clock. Have a great day

everybody.