Carney's Words Reverberate

I only have time for a short post, so I offer this point. While one hopes Mark Carney's words lead to lasting changes in international relations, one thing is certain. Many people are talking about it and even offering ways in which the Americans can be brought to heel. Two letter-writers demonstrate this:

Well, well, Prime Minister Mark Carney broke the internet. It’s not exactly on the scale of Taylor Swift but it’s so satisfying to see many political commentators, journalists and ordinary Canadians shower him with praise. Carney’s speech is well-structured and direct. It’s smart that he takes complex ideas and renders them in language that the ordinary person can understand and be convinced of. I think it is particularly smart of him to admit that Canada is a “middle power.” We are for sure not a superpower like the U.S., but if this middle power forms a strong alliance with the other middle powers of the world, our impact may exceed that of a superpower. I am extremely doubtful that Pierre Poilievre will be able to write or deliver a speech similarly powerful and substantial. Thank you prime minister, we are so proud of you.

 Gloria Fung, Unionville, ON 

How middle powers could impact the U.S. economy

As of November 2025, the top five holders of U.S. Treasury Securities were, in billions of U.S. dollars: Japan, $1,203; U.K. $889; China, $683; Belgium, $481; and Canada, $472. All others held $4,920.

NATO countries, including France; $378, Norway; $219, and Germany; $110, hold a total of at least $2,549 which is more than one quarter of all foreign held U.S. Treasury Securities.

There is already a trend for foreigners to reduce their already large U.S. Treasury holdings due to low-yield and increasing risk. If NATO countries, along with some non-NATO others, sold off their U.S. Treasury Securities in a co-ordinated response to aggressive action against Greenland, the risk of financing the increasing U.S. budget deficit would decrease incentive for foreigners to finance additional U.S. government borrowing.

The resulting higher U.S. interest rates and reduced government spending would have a major disruptive impact on the U.S. economy.

Mike Priaro, Calgary, AB 

One can only hope that the momentum continues.

And since Trump is so fond of A.I., here is a video posted by a social media wag:

A Masterful Speech

 One cannot help but be impressed and inspired by Mark Carney's speech at Davos. I encourage you, if you have the time, to listen to it in its entirety. No matter what critics may say, in my view Carney is the right man to be

representing Canada at this perilous time.

The Face Of Pragmatism

The trade deal that Mark Carney just made with China has elicited a wide range of reactions. There are those who are exultant, such as Scott Moe for what it does for canola exports, and there are others who are predicting doom. The auto industry fears it is the death knell for the Canadian car industry (although it is hard to fathom why the importation of 49,000 Chinese EVs would have such an effect). Captain Canada (a.k.a, Ontario Premier Doug Ford) is thundering against it. And PP is doing his usual posturing about Chinese security threats and how the government has betrayed Canada. However, from where I sit, the deal makes eminent sense.

Carney, embracing pragmatic politics, said this: 

We take the world as it is – not as we wish it to be.”

Which, of course, means recognizing that the United States is no longer a reliable trading partner, a view bolstered this week by Trump's proclamation that the U.S. doesn't need anything from Canada, and that he isn't even thinking about the CUSMA deal. Those who still hold out strong hopes for a renewal of that agreement are, in my view, indulging in magical thinking, and it is an abandonment of that thinking which, I believe, informed Carney's bold move with China. 

The world of realpolitik is not a pretty one. It involves a recognition that ideology can take a country only so far, and in the face of external factors far beyond one's control, it is better to put one's head down and move forward, in this case making deals with countries that don't share our values. Indeed, it can be argued that is exactly what we are doing in our efforts to maintain our trading relationship with the U.S., but given its volatile, insane leadership, the Americans represent diminishing returns.

I am glad Carney has finally understood that appeasing the mad king is pointless. However, the road ahead is still fraught with possible pitfalls. Even though Trump has given his initial 'approval' of Canada making a deal with China, one wonders whether that reaction will change in the coming days. Already, U.S. trade Jamieson Greer sounded an ominous note:

“I think it’s problematic for Canada,” U.S. Trade Representative Jamieson Greer told CNBC Friday morning. “There’s a reason why we don’t sell a lot of Chinese cars in the United States. It’s because we have tariffs to protect American auto workers and Americans from those vehicles.”

One is reminded of Trump's initial dismissal of Doug Ford's anti-tariff ad in the U.S., only to replace it with anger and the termination of sectoral talks with our country. Similarly, it seems likely that whoever is the current Trump "whisperer" will tell him that his initial response was wrong; after all, the deal might encourage other 'vassal states' to go their own way in trade. The Empire cannot encourage such independent thinking.

Nonetheless, the risk is well-worth taking, in my view, and this is the first time I have felt some pride in our prime minister. The scales have fallen from his eyes, and he is conducting himself in a way I suspect the majority of Canadians will applaud.

Opening Your Eyes Can Be Painful

I would like to think that Canadians far and wide harbour few illusions about the United States. Seeing them as a trusted ally harkens back to an earlier era, and most understand that harsh truth. Indeed, statistics support that many, many of us are shunning visits to that benighted land, supporting provincial bans on U.S alcohol, and working fervently to buy Canadian and non-American products as much as possible. 

However, the hope that a new and more productive relationship with the Empire is possible still stubbornly resides in the upper echelons of government. Yes, Mark Carney is doing the right thing in trying to diversify our trade, a process that will take many years to bear real fruit. But he is seeking these new relationships with one hand tied behind his back where, his fingers crossed, hoping he can do so without enraging the beast. 

Carney is now visiting China with hopes of reseting relationships there; however, as has been widely reported, many say he has to tread a fine line, lest he do something (like reducing the tariffs on Chinese EVs in exchange for canola tariff relief) that will provoke Trump. And that's where I think many government mandarins prefer a sweet lie to a bitter truth.

The bitter truth? That there will always be something the Americans don't like, and with that displeasure will come more punishing sanctions. Consider, for example, that U.S. trade representative Jameison Greer recently said:

Dropping provincial boycotts is part of a longer list of conditions ... 

that Canada must meet in order to extend the Canada-U.S.-Mexico agreement (CUSMA).

Fortunately, all provinces except Alberta and Saskatchewan are holding firm on that ban. 

Another demand is that we dismantle our supply-management approach to farming, a sacred cow for provinces like Quebec, and one that Carney said he will protect. 

As well, consider this:

U.S. President Donald Trump said Tuesday the Canada-United States-Mexico Agreement (CUSMA) on trade is “irrelevant” to him and Americans don’t need Canadian products.

“It expires very shortly and we could have it or not,” Trump said while touring a Ford plant in Michigan. “It wouldn’t matter to me. I think they want it. I don’t really care about it.”

Trump statements have rattled Canada and Mexico ahead of a mandatory review this year of the future of the continental trade pact. The president told reporters that “Canada wants it” but the United States doesn’t need anything from its northern neighbour.

Perhaps it's a negotiating ploy or perhaps he really means it. To me there is little difference, inasmuch as it amply illustrates the volatility and irrationality of the American leader who, emboldened by his coup in Venezuela, feels every right to rule the world, or at the very least dictate all policy, both domestic and foreign, to his vassal states, i.e., the rest of the world.

I could adduce a lot more evidence of the unrestrained imperialism that now grips the mad king and his enablers. However, in the final analysis, the quicker we realize that we are in a rigged game we cannot win, the faster we can break free and chart, as much as possible, our own course. 

Unless, of course, we are content to live as a mere extension of "the American Dream."

Well-Said!

I came across this on Facebook, and the Australian who offered this hard-hitting post sets into stark relief what we are contending with today. It is also prescriptive for Americans,, as you will see.

Alright, I’m saying this as an Australian who is absolutely sick to death of watching the world hold its breath every time this blabbering blubbering blithering blustering baffoon opens his grotesque mouth.

You see folks, as far as I can tell, from the outside, this is what it looks like: America has elected a man who talks and behaves like a megalomaniac, and the rest of the planet is supposed to just trust that he won’t completely lose his grip on reality and drag us all into catastrophe.

You want to steal Greenland.

You want Cuba to “make a deal before it’s too late”.

You talk about bombing or invading Mexico.

You kidnap a President and knock off the peoples oil in Venezuela.

You joke about annexing Canada like it should be a shopping centre car park you can just claim because you feel like it.

Do you have any idea how insane that sounds to the rest of us?

This isn’t tough talk. This isn’t strategy. This is a deeply unstable old man threatening sovereign nations like he’s flipping over a Monopoly board because he’s losing. This is not normal behaviour. This is not leadership. This is not strength. This is a walking, talking international crisis.

And Americans, this is where it comes back to you. Not just MAGA, not just the people who voted for him, all of you. Because when the President of the United States starts talking about kidnapping leaders, annexing countries, and issuing ultimatums like a mob boss, the rest of the world doesn’t get a vote. We just get the consequences.

You don’t get to shrug and say, “Well I didn’t vote for him.” That might fly at a dinner party, but it doesn’t fly when nuclear powers are watching this circus and recalculating their own red lines. This is your system. Your presidency. Your responsibility.

From the outside, it looks like America lit the fuse and then wandered off while everyone else stands around the bomb wondering who’s going to cut the wire.

And let’s be brutally honest. This man is nearly 80. He’s frail. He’s clearly deteriorating. He is not some long term visionary playing chess. He’s at the end of his lifespan and acting like nothing matters after him. That is the most dangerous type of leader there is. A man with nothing to lose and an ego that demands constant feeding. [Emphasis added.]

Why should the rest of the world pay for that?

Why should families in Europe, Asia, Australia, South America, anywhere, have to worry about war, trade collapse, energy shocks, or global instability because America couldn’t get its own house in order?

This is not about left or right anymore. This is about basic sanity. This is about stopping a psychopath before he does something irreversible. Because once a war starts, once a country gets invaded, once alliances fracture beyond repair, you don’t get a reset button.

So yes, this falls on Americans. You got the world into this mess, and you damn well better roll your sleeves up and get us out of it. Impeach him. Remove him. Contain him. Do whatever your system allows, but do it fast.

Because the rest of us just want to live our lives, raise our families, pay our bills, and not wake up one morning to find out World War Three started because an unhinged old man wanted to feel powerful one last time.

This isn’t funny anymore.

It isn’t theatrical.

It isn’t tolerable.

Get this lunatic under wraps before he ruins it for everyone.

UPDATED: Pandering To The Emperor

I'm often fond of saying that nothing surprises me anymore. Although my  capacity for disgust remains, wars, rumours of wars,  state executions, invasions of sovereign territories, etc., none of those truly rattle me. 

Given my world-weary cynicism, to say at my age the world still disappoints is a strange statement. Yet that's how I felt this morning when I read this:

President Trump indicated on Thursday evening that he will meet with María Corina Machado, Venezuela’s opposition leader, next week in Washington, after refusing to support her to lead the country following the U.S. seizure of Nicolás Maduro.

Ms. Machado has tried to ingratiate herself to Mr. Trump and earlier this week offered to give him the Nobel Peace Prize she was awarded last year. Mr. Trump has long coveted the award.

No matter how Machado tries to spin it, this craven, servile offering to the emperor can only be interpreted with extreme distaste, but spin it she has:

On Monday, Ms. Machado said on Fox News that presenting the prize to Mr. Trump would be a token of gratitude from the Venezuelan people for the removal of Mr. Maduro. She had previously dedicated the award to Mr. Trump.

Mr. Trump said in the Thursday interview that “it would be a great honor” to accept the award, adding that it was “a major embarrassment to Norway,” where the Nobel Peace Prize is awarded, that he had not been given the prize.

Such fluffing of the monstrously egotistical Trump can only lead to more horrors, but so far that is stopping no one from feting him thus. He has already said that he will be the final arbiter of what is right and wrong. 

President Trump told The Times during a wide-ranging interview ...that he alone was the arbiter of his authority as commander in chief. He brushed aside international law and other checks on his power to order the U.S. military to strike or invade nations around the world.

When asked if there were any limits on his global powers, Trump said: “Yeah, there is one thing. My own morality. My own mind. It’s the only thing that can stop me.” 

It was the most blunt acknowledgment yet of Trump’s worldview: that national strength alone should be the deciding factor when nations’ interests collide. Past presidents, he suggested, have been too cautious with American power.

The world is now awash with toxic arrogance. To fan the flames of such is only to invite more death, more destruction, and more steps toward world domination. 

UPDATE: It appears Ms. Machado's  efforts to bribe thank the Emperor for his 'intervention' in Venezuela cannot come to fruition; perhaps her 'offer' should be filed under But it's the thought that counts, eh? category.

On Friday, the Norwegian Nobel Institute clarified the rules governing the award, writing that the facts were “clear and well established.”

“Once a Nobel Prize is announced, it cannot be revoked, shared or transferred to others,” the institute wrote. “The decision is final and stands for all time.”

No doubt Norway will face some form of reprisal from the Trump regime, but it is indeed refreshing to see someone exhibit a measure of integrity in these trying times. 

 

They Have The News Anchor They Want, Not The One America Needs

I can only imagine that Walter Cronkite, the esteemed icon of CBS News who presided over many earth-shattering events, is gyrating wildly in his grave, and the still-alive Dan Rather is weeping deeply. The reason should be clear to anyone who has tuned in to CBS News since Trump-enthusiast Bari Weiss (she of 60 Minutes infamy) chose Tony Dokoupil to be the new anchor of its evening broadcast. Dokoupil's first appearance in that position came on Saturday, where he enjoyed a 30-minute interview of Pete Hegseth following Amerika's invasion of Venezuela.

The session was a nauseating exercise in extreme sycophancy as the anchor acted as the second banana to the Secretary of War. The tone was set with his opening remarks, which went along the lines of Dokoupil expressing relief to Hegseth that no American lives were lost during the 'operation'. Other gifts to Hegseth included his asking whether there would be American troops staying long-term to "stabilize the [Venezuelan] government. Conspicuously absent were any questions about the legitimacy of the invasion. 

And I'm not the only one who feels this way. Referencing the above interview, Daniel D'Addario says it was an unchallenging interview

in which the administration’s perspective was aired so thoroughly as to raise the question of when an interview becomes a press release. 

Then, in Monday's broadcast,

Dokoupil blandly stated to the camera that a Russian-Chinese-Iranian base of influence in Venezuela will be destabilized by the U.S. military action, without citing any source or consulting any guest...

As well,

a brief interview with a financial expert about how the events in South America will affect the price of gasoline never broached the notion of whether the U.S. extracting Venezuelan petroleum is legal.

One of the most disquietly segments of last night's broadcast was his interview with Doctor John Lapook about new guidelines issued by Bobby Kennedy regarding childhood vaccines:

Dokoupil began... by asking what this expert would say to “parents out there who are celebrating,” because they thought their kids were obliged to be injected with too many vaccines. He ended the segment by declaring “So, parents are going to have some options for themselves!”

You can watch a clip of the above here.

D'Addario ends his piece with a prediction that CBS will continue to occupy the basement in network news ratings:

Thankfully, just like parents, viewers have some options for themselves — and few, it seems likely, will choose this reboot. The hypothetical viewer who wishes their news were pitched at a more conservative tenor is super-served by Fox News and Newsmax...

People who have read this blog for a time will know that I have long been a supporter of MSM. To say that faith has been shaken over the past few years is perhaps to state the obvious, but just as many others have done, I am finding more and more relevance in alternative media sites readily available on YouTube. Yet I must confess to a sadness that objective news reporting in any form is increasingly becoming a thing of the past.