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Video: Canadian MP Lays Waste To Keynesianism

Wow, this was an amazing speech. Informative, truthful, simple and blunt. This is a must watch. I wish our current politicians would speak like this to the American people to take them to task for what they've done. Please comment below and vote up so others will see this :)


Video Description: On April 4, 2012, Pierre Poilievre, MP for Nepean-Carleton, spoke on behalf of the Government on Budget 2012 and stood up to defend Economic Freedom for all Canadians.

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...will will decline in living standards quicker than Americans imo. It is simply a consequence of Darwinism.

BTW, it was a smart move by Canadians to move the capital to Ottawa.


Brilliant Speech

This is all very, very, VERY true.
And very sad, also.

Not only is the MP right on point, but he also has the full attention of the body during his speaking time.

Thank you for posting this!

My stats might be wrong but I think 40% of Canada's imports

come from the US and 70% of it's exports come here.

Someone give me the right numbers here.

If we fail -- we eat Canadians by evening.

NIce, but...

Again and again - all those ignorant 'socialism' references. That adds so much cheesiness into any speech that it becomes hard to bear, even if the core is admirable. Nowadays so many people are blatantly and misguidedly use words like communism and socialism, but when you talk with them about specifics of what these words mean - they like parrots repeat propaganda that you can just see being fed through mainstream media, no knowledge or understanding whatsoever/

Like when you start a discussion with a random alleged libertarian (who's supposed to be intelligent, 'research before arguing' kinda type) about let's say 'prohibition' (of alcohol) - he/she is likely to show complete and utter ignorance on the subject. And yes - I realize that me being Russian and all can make an easy 'you can't possibly understand' or 'or course - you're a communist' refute, but in truth here in Russia ignorance exists on a major scale as well.

So my point is that instead of praising obviously political speeches (admittedly - maybe meant well and with pure heart and ignorant belief in stupidity along the way) isn't it better to make more educational news. Maybe I'm asking too much, but as they say - if a job worth doing - it's not to be done half-аssed.

Only as high as i reach can i grow
Only as far as i seek can i go
Only as deep as i look can i see
Only as much as i dream can i be

I think he is actually well

I think he is actually well educated about economic principles, or to be precise, what he actually means by the term socialism.

I agree though, that the average european may be a little more familiar with what socialism or communism actually stands for and what it usually brings about, but hey!
let's not be so harsh on americans, for that's why they elected Obama and the neocons in the first place- because the majority had no clue about basic economics ;)

Yaaay! We're not quite as bad as them ....

and by the way we have this "economic action plan" to help our friends, use the queens land to strip resources, and print some more money.

Sounds good on Paper

This guy is talking a good game but in actuality in Canada we are practically communist. If the United States paid what we pay in Income Taxes and Sales Taxes there would be a revolution over night. Our saving grace is a a low Corporate Tax rate. He talks a good game about National Debt but his party has run huge Federal Fiscal Deficits. On a per capita basis we have a large National Debt - http://www.debtclock.ca/. Our "Conservative" Party has run stimulus packages. Our Central bank was run by a former CEO of Goldman Sachs up until recently. There is likely a huge Housing Bubble in Canada that is set to pop. We have huge personal debt levels due to below market interest rates set by the Geniuses at our Central bank. Ring any bells?

Our health care system is a disaster. Unless you have a major medical emergency you often will have to wait months to get treatment or see a specialist. I know many people who have paid into our medical system their whole lives that have needed to travel to the US to get care because they literally have to wait months to get looked at. If you want to pay for medical treatment to get treated in a reasonable time, you can't. Imagine that? They say health care is such an important thing that the government has to manage it. The only problem is because the government manages health care no-one can get it.

Lastly Canada isn't a free country at all because we are literally a colony of Britain and still have to praise the "Queen" and learn about what the "Princess" had for lunch on the "news" everyday. Its a joke.

Canadian Leaders Love Keynesian-ism. I wish It weren't the case.

Canada's freedom...

Canada has more economic freedom than the usa. http://reason.com/blog/2012/09/18/report-theres-more-economi...


+ 1.
Shared on Twitter.

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Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

Really good, though I'm not

Really good, though I'm not sure i would consider Canada a bastion of freedom. However, they are light years ahead of us due to our backwards sprint in liberty.

Sound Banking System

Canada never "liberalized" its banking system the way we did. Canadian investment & commercial banks are separate. We on the other hand, in the infinite wisdom of our "leaders", repealed the Glass–Steagall Act.

John McCain argued we needed to reinstate Glass–Steagall Act to reverse "the unintended consequences of leaving investment banking commingled with commercial banking". Nonsense - the consequences were fully intended by those who repealed it.

Paul Volker wanted to re-instate a version of the Act now referred to as the Volker Rule. http://online.wsj.com/article/SB1000142405270230382220457746...

He focused on derivative trading. Those Wall Street executives who funded President Obama's election did not like this. So, they pressed to push Volker aside in favor of Timothy Geithner, one of their own.. and Volker was emasculated. http://www.bloomberg.com/news/2012-12-13/u-s-banks-to-make-a...

The rest is history. http://dealbook.nytimes.com/2009/11/12/10-years-later-lookin...

"One resists the invasion of armies; one does not resist the invasion of ideas" Victor Hugo

Sounds Good

But I will withold opinion because I don't have much faith in Canada. Is this guy Canada's version of Ron Paul perhaps? One lone voice of reason? Don't know.


Of course he also doesn't

Of course he also doesn't touch on corporate welfare, which is much, much larger than the social welfare, led, of course, by the Federal Reserve.

While I may not agree with it, if we gave $27 trillion in no-interest "loans" to the states for a massive national infrastructure program, we would have more to show for it than the giveaways to the banks and big corporations.

Our socialist state needs some major reforms to help get people back to work so these programs can be shrinked massively and then altered or handed to the states, but we need to attack the corporate welfare system first and its parasitic Federal Reserve.

Nor on militarism...



Take this off the front page. The majority of Canadians only like America for its defense. Otherwise, they would not be able to afford public health care imo.


Economically Intertwined..

Canada is our #1 trading partner: http://www.census.gov/foreign-trade/top/dst/current/balance....

NORAD is a US-Canadian operation. http://www.norad.mil/about/CANR.html

They are not a banana republic... compare with our southern border.

"One resists the invasion of armies; one does not resist the invasion of ideas" Victor Hugo

Lick my balls

I like the states for its history and what it used to stand for(Sound money, free markets and liberty) other then that kiss my Canadian ass yank


Cheap booze, a 26 (fifth) for 15 bucks! smokes 5-8 dollars, fire crackers, fire works, guns, cheaper clothes and all that jazz.

OK I'll bite

"The majority of Canadians only like America for its defense."

There is a big difference between "defense" and "militarism" as Ron Paul would say. If America goes bankrupt because of military spending and can no longer buy what we produce our economy will be in deep trouble.

"Otherwise, they would not be able to afford public health care imo."

We would be better off with a mixed public/private system like much of Europe. However, under the terms of NAFTA we would have to allow US healthcare companies up here and almost no one wants that. So we are stuck with the Status Quo.


I am not saying all Canadians think this. Especially the ones here.

Btw, Canada has 4 submarines and none of them are operational. Holland probably has more submarines than this. Thanks goodness Canada does not have much of a coastline to defend ;)

Over billing in Canadian Health Care is a circus. At least in communist countries in Europe the patient would have to sign off for each visit and the type of treatment. The doctors can just make up any quote and send it off for the sheeple taxpayers to pay. Plus Canadian Doctors can not be sued and/or publicly prosecuted as far as I know. They have their own regulatory body(s) which protects them from public prosecution.


Coast Guard Invested in Ice Breakers

Ice breakers - the best solution for the Arctic. In addition the RC Navy has 15 ships on the Atlantic and 19 on the Pacific. They have plenty of patrol planes. The mission - protect fishing aka "Economic Zones".

If a country wanted to land forces in Nunavut it really wouldn't matter. They would freeze to death in a few days... and who would be invading anyway?

You are confusing the size of force required for defense with one required for offense. We wouldn't need a huge military if all we were doing was defending our borders, fishing rights and shipping lanes. We can't even do that.

Regarding borders, its the southern one that is ridiculous. The only submarines patrolling Mexican waters are cocaine tubs that successfully invade our shores on a regular basis. http://abcnews.go.com/Blotter/slideshow/improved-cocaine-sub...

"One resists the invasion of armies; one does not resist the invasion of ideas" Victor Hugo

Thanks for the info

Nevertheless, I am not confusing offense for defense.

Canada does not have the fundamental resources to protect the country. They are currently listed as no. 25 in the world in major military reviews even below the Philippines and Brazil for example. Canada was below Mexico until recently.

The warships are mostly for escort purposes I think ie. frigates and the 3 destroyers are over 40 years old.

Canada has about 2 Divisions in total army strength total.

The Russians obviously are prepared for winter fighting.


No threats

What would Russia do with Canada? Yes, they are squabbling over arctic claims but not a huge deal.

Russia is pre-occupied with their border with China. The Chinese could just walk into the population deprived Russian East. They fought a border war in 1969. Now they are trying to be "friendly" http://www.reuters.com/article/2012/06/04/us-russia-china-ea... Russia has an even greater challenge guarding their massive territory, they don't need any more from Canada.

Canada can take care of itself. If we would just build a pipeline we would benefit from their oil production. That would provide the US with greater security than any navy...

"One resists the invasion of armies; one does not resist the invasion of ideas" Victor Hugo

No threats?

If America and Americans pulled their investments out of Canada, thousands of Canadians might very well starve to death.

Canada is seeking closer ties with China and obviously cannot defend its resources from either Russia or the US.

Heck Canada could not even protect its fish stocks from Spain and hence the Turbot War of 95 lol


Our investments buy us a safe border

And a stable trading partner. Yeah, China buys a lot from everyone. Just like Australia, Canada needs to sell a lot of commodities.

They can take care of themselves or not. Their choice where they spend the money.

Great reference BTW - the Turbot Wars. Calm and nice Canada finally got pissed off. They did enforce their territorial rights. They seized a Spanish vessel, arrested the crews and cut nets. The Canadian PM authorized the RCN to fire on Spanish Navy vessels escorting fishing fleets. Spain backed down. They should have gotten aggressive a lot earlier.


"One resists the invasion of armies; one does not resist the invasion of ideas" Victor Hugo


You are correct about investments and trade. Unfortunately, Canada has put most of its eggs in one basket. Hence NAFTA. It is too intertwined with the US.

Plus Canada is losing more and more jobs now due to the declining dollar and fuel costs imo. The public health care factor for employees advantage is no longer a key motivator for American firms considering Canada imo.

True also Canada should of acted earlier on the fish factor. Perhaps 10 years earlier. By the time they did cod stocks for example were nearly depleted. I think the overfishing began in the early 80's of that area.


Sadly he's a conservative and the same as the opposition.

Honestly I hate all the political parties in Canada as a Canadian. The only party looking to change anything is the NDP, but sadly Jack Is gone so now they are just getting deeper and deeper into the same vat of scum as the other two parties.

The message of the conservative is the best, but sadly they are just liers as the republicans in the us.

We need a new party in Canada or just boost up the Canadian Action Party. GO CAP

I Agree, but not with NDP

It does seem our parties aren't doing much, there defiantly is bipartisan in all the parties but the NDP hold no exception. I live in Manitoba and were a big NDP province; it seems the NDP believe in the in the tax and spend scheme and are racking up deficits. Regarding the CAP I've never heard of them, ill defiantly take a look into them though. I believe we should take over the Conservative party, its what I'm trying to get involved in and trust me the Manitoba PC party is WEAK, I got a lot of work to do.

That guy is a socialist

That guy is a socialist operative. Don't listen to him! The NDP are a democratic socialist party and a member party of Socialist International. The CAP are also a left wing protectionist party.

Any REAL Canadian libertarian should support the Libertarian Party of Canada, the Wildrose Party in Alberta and the libertarian-leaning people in the Conservative Party of Canada like MP Scott Reid. Not the far-left!

Support Rand, Amash & other liberty candidates? Check out: http://www.LibertyConservatives.com/

Idk about the Libertarian Party of Canada

I don't know much about them, I think they've been off and on. Yes I wish the NDP to burn in hell as do you but there's no point in badgering someone in their beliefs, if we want change we have to preach our ideology but not through force or ridicule. It must be informing and educational.