Podcasts about Bailout

I have so many questions around the Government bailout of Golden Bay Cement, which is not in fact manufactured in Golden Bay, but in Northland. Fletcher owns the company and they said Golden Bay Cement operates New Zealand's only domestic cement manufacturing facility at Portland near Whangarei. It supplies nearly 60% of the cement used in New Zealand – about 95% of its output is sold domestically. Golden Bay Cement took a long hard look at the account books and participated in an independent assessment which confirmed that without support, rising costs —including carbon costs— would force the closure of the company and a shift to an import only model for cement from 2030. So in steps the Government with a $60 million payout. They say it's a specific one-time response to an exceptional set of circumstances, to keep the plant open at least through to 2040. In return, Golden Bay Cement has committed to continue producing cement at its Northland plant at least until 2040 and to invest at least 150 million through to 2040, phased over time. Finance Minister Nicola Willis told Heather du Plessis Allan last night the decision to offer a bailout was not made lightly and does not set a precedent. “We went through three steps. One, this is quite different in that it is strategically so important that you can produce cement for your domestic economy, that you're not exposed to not being able to have cement if there was an international trade disruption. Two, the financial case here is that actually this is a business that is working overall. The key thing is just that emissions cost. And three, we've set in place some really firm requirements that Golden Bay need to meet in order to get this cash with clawbacks if they don't meet those requirements. And that includes keeping production going through to at least 2040 making $150 million worth of investments in that manufacturing capability, keeping the jobs at that factory going, and having an open book exercise with us, the Government, so that we can audit that investment. So we set a very high bar, we took a very case by case approach. Believe you me, I did not want to be setting a precedent that we're going to keep doing this.” Well, yeah, you kind of have set a precedent though, haven't you? Because when you bail out one company, that's precedent. The other companies can say you've done it before, so it's a precedent. And Nicola Willis made the point that, oh, this is a thriving company, it's just that emissions cost. Yeah, about that... that's one of those questions. If it's just that emissions cost, then that's not going to change unless you change our obligation to the Paris Agreement and unless you do as other European countries have done and delay the introduction of the ETS or scrap it all together. So “just that emissions cost” is what's snookering a whole lot of New Zealand companies. Fletcher says that New Zealand manufacturers face carbon costs that importers largely avoid. They want to see a carbon border adjustment mechanism, something they say addresses the structural imbalance directly and would let the ETS work as intended without exposing domestic manufacturers like Golden Bay to ongoing domestic advantage. A CBAM would apply a carbon charge to imported goods based on the emissions generated during their production. While we're all being, hey look at us, we're being so good and we're saving the Arctic shelves and we're snookering our own companies because we believe in the greater good of the of the planet and the universe, other countries go, yeah, no, not for us. Not really. We don't buy into that whole ETS thing, so we're not going to do it. They can make their goods a whole lot cheaper on so many levels without the ETS even coming into it. Add the ETS on that, the fact that they're ignoring it completely, no wonder their goods are cheaper. So as Fletcher says, why don't we bring in the carbon border adjustment mechanism so wherever it's made in the world, you have to pay your ETS if we're all going to buy into that. How is a one-off payment going to help given the trading environment isn't changing or they've given no indication of the ETS obligations changing anytime soon? And they won't under Labour and Greens, if anything they'd go up. And if Golden Bay is so critical, why isn't Carter Holt Harvey's pulp and paper and plywood? I would have thought that was pretty critical too. Except of course they closed down and it wasn't an election year. Perhaps that's the difference. Last year Carter Holt Harvey saw the closure of Kinleith and Eves Valley sawmill with the loss of hundreds of jobs. We had the closure of Ravensdown, Smithfield, and Ruapehu. Each of these towns and regions could argue that what they made was critical to the supply chain. It was certainly critical to the economic viability of their particular region, which is not awash in situations vacant. Cameron Bagrie has called the bailout of Golden Bay corporate welfareism. Of course it is. Fletcher says it's not, the Government says it's not, but if it's taxpayer money going to an entity that can't support itself, that's welfareism. Nicola Willis might not want to set a precedent, but she has. And a one-off payment is not going to fix the problem, as Fletcher points out. We have signed up to the Paris Accord, we've said, oh yes, bring on the ETS, please let's cripple ourselves so we can maintain the moral high ground. And in the meantime, we're going to have to import goods that are made by other countries that have stuck two fingers to Paris and said we can't afford it. How does that work? How do we maintain the moral high ground by buying goods from countries that are ignoring their carbon offset obligations? We do our own companies out of business, we put people out of work, and we buy from countries that ignore the ETS. It doesn't make any sense to me at all. See omnystudio.com/listener for privacy information.

I have so many questions around the Government bailout of Golden Bay Cement, which is not in fact manufactured in Golden Bay, but in Northland. Fletcher owns the company and they said Golden Bay Cement operates New Zealand's only domestic cement manufacturing facility at Portland near Whangarei. It supplies nearly 60% of the cement used in New Zealand – about 95% of its output is sold domestically. Golden Bay Cement took a long hard look at the account books and participated in an independent assessment which confirmed that without support, rising costs —including carbon costs— would force the closure of the company and a shift to an import only model for cement from 2030. So in steps the Government with a $60 million payout. They say it's a specific one-time response to an exceptional set of circumstances, to keep the plant open at least through to 2040. In return, Golden Bay Cement has committed to continue producing cement at its Northland plant at least until 2040 and to invest at least 150 million through to 2040, phased over time. Finance Minister Nicola Willis told Heather du Plessis Allan last night the decision to offer a bailout was not made lightly and does not set a precedent. “We went through three steps. One, this is quite different in that it is strategically so important that you can produce cement for your domestic economy, that you're not exposed to not being able to have cement if there was an international trade disruption. Two, the financial case here is that actually this is a business that is working overall. The key thing is just that emissions cost. And three, we've set in place some really firm requirements that Golden Bay need to meet in order to get this cash with clawbacks if they don't meet those requirements. And that includes keeping production going through to at least 2040 making $150 million worth of investments in that manufacturing capability, keeping the jobs at that factory going, and having an open book exercise with us, the Government, so that we can audit that investment. So we set a very high bar, we took a very case by case approach. Believe you me, I did not want to be setting a precedent that we're going to keep doing this.” Well, yeah, you kind of have set a precedent though, haven't you? Because when you bail out one company, that's precedent. The other companies can say you've done it before, so it's a precedent. And Nicola Willis made the point that, oh, this is a thriving company, it's just that emissions cost. Yeah, about that... that's one of those questions. If it's just that emissions cost, then that's not going to change unless you change our obligation to the Paris Agreement and unless you do as other European countries have done and delay the introduction of the ETS or scrap it all together. So “just that emissions cost” is what's snookering a whole lot of New Zealand companies. Fletcher says that New Zealand manufacturers face carbon costs that importers largely avoid. They want to see a carbon border adjustment mechanism, something they say addresses the structural imbalance directly and would let the ETS work as intended without exposing domestic manufacturers like Golden Bay to ongoing domestic advantage. A CBAM would apply a carbon charge to imported goods based on the emissions generated during their production. While we're all being, hey look at us, we're being so good and we're saving the Arctic shelves and we're snookering our own companies because we believe in the greater good of the of the planet and the universe, other countries go, yeah, no, not for us. Not really. We don't buy into that whole ETS thing, so we're not going to do it. They can make their goods a whole lot cheaper on so many levels without the ETS even coming into it. Add the ETS on that, the fact that they're ignoring it completely, no wonder their goods are cheaper. So as Fletcher says, why don't we bring in the carbon border adjustment mechanism so wherever it's made in the world, you have to pay your ETS if we're all going to buy into that. How is a one-off payment going to help given the trading environment isn't changing or they've given no indication of the ETS obligations changing anytime soon? And they won't under Labour and Greens, if anything they'd go up. And if Golden Bay is so critical, why isn't Carter Holt Harvey's pulp and paper and plywood? I would have thought that was pretty critical too. Except of course they closed down and it wasn't an election year. Perhaps that's the difference. Last year Carter Holt Harvey saw the closure of Kinleith and Eves Valley sawmill with the loss of hundreds of jobs. We had the closure of Ravensdown, Smithfield, and Ruapehu. Each of these towns and regions could argue that what they made was critical to the supply chain. It was certainly critical to the economic viability of their particular region, which is not awash in situations vacant. Cameron Bagrie has called the bailout of Golden Bay corporate welfareism. Of course it is. Fletcher says it's not, the Government says it's not, but if it's taxpayer money going to an entity that can't support itself, that's welfareism. Nicola Willis might not want to set a precedent, but she has. And a one-off payment is not going to fix the problem, as Fletcher points out. We have signed up to the Paris Accord, we've said, oh yes, bring on the ETS, please let's cripple ourselves so we can maintain the moral high ground. And in the meantime, we're going to have to import goods that are made by other countries that have stuck two fingers to Paris and said we can't afford it. How does that work? How do we maintain the moral high ground by buying goods from countries that are ignoring their carbon offset obligations? We do our own companies out of business, we put people out of work, and we buy from countries that ignore the ETS. It doesn't make any sense to me at all. See omnystudio.com/listener for privacy information.

Nicola Willis told us she did not take the decision lightly, and well, she might have said that. She's lucky it's only cost $60 million. We still don't know the terms, but we need to. This is Golden Bay Cement, and the Government has come to their rescue. Without this help, allegedly, they would have closed. There is only one supplier in the country – this in and of itself would seem to be an issue. They produce 60% of what we use. Is the other 40% cheaper? And what of the climate mitigation issues Fletchers speak of? Why do we worry about the 60% and not the other 40%? Why is climate so important in the cement business, and is climate worth worrying about if it means the closure of business and the loss of jobs? That is one of the questions of the age, especially given the Europeans over the weekend signalled their intentions to pull back on climate expectation for businesses for exactly the same reasons. Climate versus jobs? We quite like the work, thanks. Fletcher Building is the owner and a company with no shortage of drama around their reputation and activities, but not a business desperate, you wouldn't have thought, for $60 million. But, and here is the crunchy bit, they're a company that in straightened times is perfectly entitled to pull the pin on things that aren't working. So, a good business decision, or blackmail? Is the business run as they claim? In other words, it's not workable, or are they a bit useless? Britain is having the same conversation currently over a nationalised steelworks involving the Chinese and a water company that's on its knees. The trouble is the specifics and the precedent. Every story is unique. Can a government write a cheque for one-offs? Maybe. Does it set a potential precedent? Yes. Should the Government be in cement? No. Should we be more resilient in the basics of things like building materials? Yes. We have just had that debate by cleaning out an old tank at Marsden. Resilience is important. So I don't mind this as a one off. But is it a bad business or is it a business hampered by dumb rules around climate? And if it's the latter, would a change of rules fix the problem better than a bailout cheque would? See omnystudio.com/listener for privacy information.

The Government's carbon credit trading scheme could have shut New Zealand's only cement manufacturing plant, but Fletcher Building announced today it got a $60 million bailout to keep it running - the $60m is not a loan. NZ Initiative Chief Economist Dr Eric Crampton told Heather du Plessis-Allan that the bailout doesn't address the root cause of the issue. "It's a mess that's trying to solve what's actually a real problem in how the government's industrial allocations in the emissions trading scheme work - the design of those is not good, and they are particularly not good when it comes to cement manufacturing," he said. LISTEN ABOVE See omnystudio.com/listener for privacy information.

Finance Minister Nicola Willis joined Heather du Plessis-Allan for their weekly chat. On the Golden Bay Cement bailout, Willis defended the Government's decision to not change the ETS and instead provide funding directly to the company. "If we had said 'actually no, the ETS doesn't apply to you, Golden Bay Cement', there would have been a conga, well, there could have been a conga line of others who would have said, 'hey, we don't want the ETS to apply to us either.'" Willis also confirmed that Erica Stanford is expected to make announcements on a potential social media ban in the coming weeks. LISTEN ABOVESee omnystudio.com/listener for privacy information.

Nicola Willis told us she did not take the decision lightly, and well, she might have said that. She's lucky it's only cost $60 million. We still don't know the terms, but we need to. This is Golden Bay Cement, and the Government has come to their rescue. Without this help, allegedly, they would have closed. There is only one supplier in the country – this in and of itself would seem to be an issue. They produce 60% of what we use. Is the other 40% cheaper? And what of the climate mitigation issues Fletchers speak of? Why do we worry about the 60% and not the other 40%? Why is climate so important in the cement business, and is climate worth worrying about if it means the closure of business and the loss of jobs? That is one of the questions of the age, especially given the Europeans over the weekend signalled their intentions to pull back on climate expectation for businesses for exactly the same reasons. Climate versus jobs? We quite like the work, thanks. Fletcher Building is the owner and a company with no shortage of drama around their reputation and activities, but not a business desperate, you wouldn't have thought, for $60 million. But, and here is the crunchy bit, they're a company that in straightened times is perfectly entitled to pull the pin on things that aren't working. So, a good business decision, or blackmail? Is the business run as they claim? In other words, it's not workable, or are they a bit useless? Britain is having the same conversation currently over a nationalised steelworks involving the Chinese and a water company that's on its knees. The trouble is the specifics and the precedent. Every story is unique. Can a government write a cheque for one-offs? Maybe. Does it set a potential precedent? Yes. Should the Government be in cement? No. Should we be more resilient in the basics of things like building materials? Yes. We have just had that debate by cleaning out an old tank at Marsden. Resilience is important. So I don't mind this as a one off. But is it a bad business or is it a business hampered by dumb rules around climate? And if it's the latter, would a change of rules fix the problem better than a bailout cheque would? See omnystudio.com/listener for privacy information.

Read the article here: https://journals.sagepub.com/doi/full/10.1177/30494826261453799

**Start Your Realty Ninja Website** Free Trial: https://www.realtyninja.com/tomBook a call w/Tom for Toronto: https://calendly.com/TomStoreyBook a call w/Steve for Greater Vancouver: https://calendly.com/stevekarrasch** Book your home inspection right now with Carson Dunlop ** https://carsondunlop.com/*** Need Home or Property Insurance? *** Use SQUARE ONE: Tenants, Landlords and Home Owners Save $20 with Square One Insurance using this link: https://www.squareone.ca/thetomstoreyshow?offer_code=TTSSFollow us on Instagram: https://www.instagram.com/thetomstoreyshow/- - - The Federal Government of Canada has announced a $3.2B bailout of Vancouver real estate developers! In this episode of The Tom Storey Show, Steve Karrasch and Tom Storey welcome back REALTOR, YouTuber and Host of The Loonie Hour, Steve Saretsky to discuss this announcement and how the money will likely end up on the hands of Liberal Party donors. Connect with Steve:YouTube: https://www.youtube.com/@saretsky/videos- - -AUDIO PODCAST LINKS:Spotify: https://open.spotify.com/show/7wEEPUUhaC8g2CsIwJetbdApple Podcast: https://podcasts.apple.com/.../the-tom.../id1627632474Amazon: https://music.amazon.ca/.../the-tom-storey-show-with...?TOM STOREYTom's YouTube Channel: https://www.youtube.com/c/TomStorey/videosThe Storey Team, Royal LePage Signature: https://storeyteam.ca/Instagram: https://www.instagram.com/thestoreyteam/FaceBook: https://www.facebook.com/thestoreyteamSTEVE KARRASCHSteve's YouTube Channel: https://www.youtube.com/c/KarraschRealProperties/videosKarrasch Real Properties, Macdonald Realty: https://www.krproperties.ca/Instagram: https://www.instagram.com/karrasch_real_properties/FaceBook: https://www.facebook.com/KarraschRealProperties/Need VIDEO GEAR? Shop Steve's Amazon Store: https://amzn.to/45cIBbUThe opinions expressed herein are solely that of Steve Karrasch PREC and Tom Storey, not Macdonald Realty, Royal LePage Signature, TREB or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Nor should any of this content be considered or used as financial advice. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.

Linda Annis, Surrey First City councillor and mayoral candidate Learn more about your ad choices. Visit megaphone.fm/adchoices

Franco Terrazzano, head of the Canadian Taxpayers Federation, joins Stephen LeDrew to discuss Ottawa's plan to buy unsold condos from Vancouver developers — and why taxpayers should be concerned.In this episode, LeDrew and Terrazzano question why the federal government would use taxpayer money to help condo developers during a market downturn. They argue that if condo prices are too high, the market should be allowed to bring prices down instead of having government step in with a taxpayer-funded bailout.They also discuss former Mayor Gregor Robertson, Vancouver's condo market, affordable housing claims, political connections, and the dangerous precedent this could set for Canadian Taxpayers in other cities across Canada.This is a blunt conversation about housing, taxpayer money, bailouts, and whether Ottawa is helping Canadians — or helping well-connected developers.Topics covered in this episode:Vancouver condo marketTaxpayer-funded bailoutsUnsold condos and developersGregor Robertson and housing policyAffordable housing claimsFree enterprise and market pricesFederal government spendingThe cost to Canadian taxpayers Hosted on Acast. See acast.com/privacy for more information.

RTE has said it will need an additional €65m from the government in 2028, suggesting that the number of households without a television has “increased steadily”, meaning it's missing out on potential revenue.Louise Burne, Political Correspondent with the Irish Examiner, and Fianna Fáil TD Albert Dolan speak to Matt on The Last Word.Hit the ‘Play' button on this page to hear the piece.

Mentor Sessions Ep. 081: Peter St. Onge and Larry Lepard discuss Fed rate cuts in 2026, AI industry bailout risk, Bitcoin price outlook,US debt debasement, and gold targets.The Fed's hawkish pivot is already unraveling — and Bitcoin, gold, and silver are the first to price it in. Peter St. Onge and Larry Lepard break down exactly why Kevin Warsh's tough talk is a script, not a policy, and what that means for sound money holders in 2026.You'll learn why Lepard believes rate cuts are coming before the midterms, why the AI industry is quietly lobbying for a defense-contractor-style bailout, and why the monetary debasement trade is nowhere near dead — despite what the financial press is saying. You'll also get specific price targets for Bitcoin ($180K–$200K), gold ($7,000), and silver ($200), plus an honest breakdown of Strategy/MSTR and Michael Saylor's evolving playbook. If you're trying to understand where macro is heading and how to position in sound money, this is the conversation.⏱️ Timestamps:0:00 - Intro1:00 - Warsh: Hawk or Secret Dove?2:40 - Warsh More Dovish Than Rhetoric5:00 - Balance Sheet Hawks Get Punched6:25 - Rate Cuts Locked in Pre-Election9:29 - Debt Forces Money Supply Growth10:30 - AI Sets Up Government Bailout13:43 - Bitcoin Volatility and Long View14:25 - AI Crony Capitalism Playbook17:28 - AI Commoditizes in Three Weeks19:24 - Dot-Com Lessons for AI Buildout29:03 - Legitimate AI Grievance Energy Costs33:37 - Europe's Decline and US Advantage37:18 - Japan Yen Debasement Midterm Play46:34 - Saylor Strategy Bear Market Attacks51:59 - Bitcoin Mirrors Fiat Boom Bust54:07 - Gold Silver Bitcoin 2026 Targets57:52 - Monetary Debasement Trade Accelerates1:00:10 - Markets Embarrass Most Investors

Sam Cooper is an investigative journalist and publisher of The Bureau. We discuss the condo crash in Vancouver and Toronto, the Carney Liberal plan to bailout the banks and developers involved in decades of corruption, and the lesser known figures who made millions in the shadows of China's money laundering operations in Canada.Read more at The Bureau:https://thebureau.newsFollow Sam on X:https://x.com/scoopercooperFollow Brave New Normal on X, Substack and YouTube:https://linktr.ee/bnnpod This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit bravenewnormal.substack.com/subscribe

Joining Elias on this morning's show were Jimmy Zoubris, Montreal businessman, longtime activist and former special advisor to Valerie Plante, and Andrew Caddell, columnist for the Hill Times and President of the Task Force on Linguistic policy. Among the topics discussed were: Mark Carney is on the defensive over his government’s massive B.C. condo bailout plan. Even usual backers of the government, like the CBC, are openly questioning what’s going on here. Ontario is set to announce a change to their highways. The province will increase the speed limit from 100 km/h to 110km/h. An investigation by the Washington Post finds that most chatbots typically shared left-leaning positions. OpenAi’s ChatGPT only gives left-leaning arguments 80 percent of the time. A 24 year old man who is severely disabled is asking for medical assistance in dying because he is unable to find a supervised apartment outside the health system. Canada’s men soccer team are going to the round of 16 in the World Cup after defeating South Africa 1-0 yesterday in the round of 32.

In this episode, Simon and Dan Foch break down the latest Micron earnings and what they reveal about the massive demand for AI infrastructure. We look at why higher DRAM and NAND prices matter beyond semiconductor stocks, how rising memory costs could flow through to consumer products like iPhones, laptops, gaming consoles and data centers, and whether Apple price hikes are an early sign of broader tech inflation. We also discuss the latest inflation pressures, including the impact of higher oil prices, and what these could mean for central banks and consumers. Plus, we dig into the BC and Government of Canada condo bailout, what it says about the state of the housing market, and whether policymakers are once again stepping in to soften the landing for real estate. Tickers of Stocks Discussed: MU, AAPL, NVDA, AMD, MSFT, GOOGL, AMZN, META Watch the full video on Our New Youtube Channel! Check out our portfolio by going to Jointci.com Our Website Canadian Investor Podcast Network Twitter: @cdn_investing Simon’s twitter: @Fiat_Iceberg Braden’s twitter: @BradoCapital Dan’s Twitter: @stocktrades_ca Want to learn more about Real Estate Investing? Check out the Canadian Real Estate Investor Podcast! Apple Podcast - The Canadian Real Estate Investor Spotify - The Canadian Real Estate Investor Web player - The Canadian Real Estate Investor Asset Allocation ETFs | BMO Global Asset Management Sign up for Fiscal.ai for free to get easy access to global stock coverage and powerful AI investing tools. Register for EQ Bank, the seamless digital banking experience with better rates and no nonsense.See omnystudio.com/listener for privacy information.

Chris Gardner, President and CEO of the Independent Contractors and Businesses Association of B.C. Learn more about your ad choices. Visit megaphone.fm/adchoices

Canada's housing market is entering one of the most unusual periods in its modern history. Governments are stepping in to absorb thousands of unsold condominiums, developers continue to face mounting insolvencies, population growth has reversed for the first time in generations, and yet housing activity is quietly showing signs of stabilization.At the center of the debate is a controversial new condo conversion initiative announced by the federal and British Columbia governments. The program aims to acquire and repurpose more than 2,200 vacant condominium units into affordable housing through a combination of public funding and financing programs. The policy arrives at a time when Canada is facing a record 20,000 completed and unsold condominiums, including more than 4,300 vacant units in Metro Vancouver alone. Many of these homes were conceived during the height of the pandemic housing boom, when investor demand appeared limitless and pre-sale activity reached historic highs. Today, the landscape looks dramatically different.Supporters view the initiative as a practical solution that can quickly deliver housing supply while preventing further disruption to the development industry. Critics argue it represents an unprecedented intervention into the market, socializing risk after years of private-sector profits. Regardless of perspective, the program signals a growing willingness by governments to support a housing sector facing increasing financial strain.Those challenges are becoming impossible to ignore. Another Vancouver development project has entered foreclosure proceedings, highlighting the growing gap between approving housing and actually delivering it. The project, a 146-unit rental development near Marine Gateway, had received all necessary approvals and represented exactly the type of housing policymakers have been encouraging. Yet rising financing costs, weaker market conditions, and prolonged timelines pushed the project into distress. The amount owed now exceeds the assessed value of the underlying land, illustrating how quickly carrying costs can overwhelm even well-positioned developments.The broader economic backdrop is equally significant. Canada's population declined by approximately 55,000 people during the first quarter, marking a third consecutive quarterly decline and a dramatic departure from decades of uninterrupted growth. The primary driver is a sharp reduction in non-permanent residents, including international students and temporary workers. More than half a million non-permanent residents have left Canada over the past year, a trend expected to continue as federal immigration targets are reduced.The implications for housing are profound. Non-permanent residents disproportionately occupy rental housing, helping explain why rental rates are falling across many markets, particularly in British Columbia and Ontario. At the same time, Canada continues to add housing supply at a pace that now exceeds population growth. More than 260,000 housing starts were recorded over the past year while the population contracted, creating a supply-and-demand dynamic rarely seen in modern Canadian history.Inflation remains another critical variable. Headline inflation accelerated to 3.2% in May, driven largely by higher gasoline prices. Beneath the surface, however, inflationary pressures appear to be easing. Shelter costs remain elevated but are gradually moderating as mortgage rates stabilize and rental markets soften. Financial markets increasingly expect the Bank of Canada to remain on hold for the remainder of the year, with rate stability replacing the uncertainty that dominated previous cycles.Signs of life are beginning to emerge in some segments of the market. Toronto's new-home sector recently posted a sharp increase in sales activity, with transactions nearly tripling compared to last year. Yet context remains important. Activity is recovering from historically weak levels rather than surging into a new boom. Inventory remains elevated, project launches remain scarce, and demand remains well below the levels needed to absorb existing supply.Taken together, these developments paint a picture of a housing market caught between two realities. On one side are rising insolvencies, government intervention, declining population growth, and weakening rental markets. On the other are stabilizing prices, improving sales activity, lower borrowing costs, and renewed buyer confidence.The result is a market that appears to be finding a floor, but not yet a clear direction. The extraordinary boom-and-bust conditions of recent years are giving way to a more complex environment where policy decisions, demographic shifts, development economics, and affordability concerns are colliding in ways that will shape the future of Canadian housing for years to come._________________________________ Contact Us To Book Your Private Consultation:

Hotel Pacifico was created by Air Quotes Media with support from our presenting sponsor TELUS, as well as FortisBC.Mike and Geoff are home alone this week and convene a full-length Strategy Suite covering eight (8!) topics including: Fire in the Canyon, the Carney Condo bailout, Eby's trip to China, the Massey 'Deas'-aster, Vancouver's World Cup branding win, Red Chris and what it means for DRIPA, nurses on the march, and what's KLF up to?

Buying Empty Condos: Affordable Housing or Developer Bailout? (0:57) Eric Woodward, Langley Township Mayor Chinese-Built Teslas Just Landed in Canada. Now What? (16:09) Zack Spencer, Automotive journalist known as Motormouth on YouTube, and does videos and reviews with his wife Andrea Should Granville Stay Car-Free for Good? (28:02) Sarah Kirby-Yung, Deputy Mayor and ABC Vancouver City councillor Can a Walk Downtown Change Your Mind on Climate? (37:16) Yunfei Li, PhD student at UBC's Institute for Resources, Environment and Sustainability Learn more about your ad choices. Visit megaphone.fm/adchoices

Eric Woodward, Langley Township Mayor Learn more about your ad choices. Visit megaphone.fm/adchoices

The Condo Bailout: Who Really Pays When Developers Bet Wrong? Andy Yan, Urban Planner - and Director of the City Program at Simon Fraser University Learn more about your ad choices. Visit megaphone.fm/adchoices

The Condo Bailout: Who Really Pays When Developers Bet Wrong? (0:40) Andy Yan, Urban Planner - and Director of the City Program at Simon Fraser University Too Hot to Live: Why Your Strata Can Say No to AC (10:13) Tony Gioventu, Executive Director of the Condominium Home Owners Association Wesgroup's Beau Jarvis on the Condo Plan (20:04) Beau Jarvis, President and CEO of Wesgroup Properties The File That Should Keep Them Up at Night: A Summer Agenda Special (34:46) Margareta Dovgal, political commentator and resource industry analyst Richard Zussman, Western Canada Vice President of Public Affairs at Burson Locking Kids Off Social Media: Can Canada Actually Pull It Off? (52:43) Andrew MacDougall, Senior Policy Fellow at The Centre for Media, Technology and Democracy, partner at Trafalgar Strategy, and former Director of Communications to Prime Minister Stephen Harper Learn more about your ad choices. Visit megaphone.fm/adchoices

In today's episode of On The Line, host Matt Gurney is joined by two guests for conversations about housing, politics, and why governments sometimes struggle to explain themselves.This episode is brought to you by BioCanRx. When your immune system recognizes that cancer is a problem, but can't kill it, can science help? This summer we're partnering with BioCanRx, a federally-funded Canadian not-for-profit research network, to learn about cutting edge cancer immunotherapy research that they're helping Canadian researchers bring from labs to patients in clinical trials –– all in Canada.One of the reasons cancers are so destructive is because they find ways to evade your immune system. But in some tumours, researchers find cancer-killing immune cells called "tumour infiltrating lymphocytes," or TILs. These are like infantry grunts choosing to stand their ground during the final fight in a superhero movie. They get inside the tumour and start fighting – –but they're outnumbered and ill equipped. They need reinforcements.Researchers in Canada and around the world are studying techniques to extract them from a tumour and multiply them in a lab environment. Once they number in the millions, they're sent back into the fight. Research into this line of attack against cancer is ongoing, and there are plenty of questions — we'll be covering more of them over the course of the summer. Go to BioCanRx.com to learn more about these new ways of fighting cancer.First up is Mike Moffatt of the Missing Middle Initiative and co-host of the Missing Middle Podcast. He joins Matt to discuss the much-debated “condo bailout” and why, despite the label, it isn't actually a condo bailout at all. Moffatt argues that the government has done itself no favours by communicating the policy so poorly, and walks listeners through what the plan is — and what it isn't. The conversation then broadens into a look at the state of housing in Canada more generally. There are some signs of progress, but the underlying challenges remain enormous, and Moffatt explains why solving them will require much more than a handful of headline-grabbing announcements.This episode is also brought to you by the Forest Products Association of Canada. A stronger forest industry depends on getting goods to market. Forest products move by truck, rail, and ship, and reliability matters. When costs rise or shipments stall, mills, workers, customers, and communities all feel the impact. Stronger trade corridors, better rail performance, labour stability, and reliable transportation should be treated as core parts of Canada's productivity agenda. For a sector rooted in communities and connected to global markets, transportation is transformation. Learn more at FPAC.ca.Then Matt is joined by Andrew MacDougall of Trafalgar Strategy for a look across the Atlantic at the increasingly turbulent state of British politics. They discuss the struggles of now-outgoing Prime Minister Keir Starmer, the rise of Andy Burnham as a potential future national leader, and why so many observers now see the United Kingdom as becoming increasingly difficult to govern. MacDougall argues that the country's problems run deeper than any one politician or party, and offers his own diagnosis of what has gone wrong.It's a pair of conversations about institutions under strain, political communication, and the challenge of governing in an era when public patience is increasingly in short supply.This episode is also brought to you by Cameco. In nuclear energy, timelines and costs matter. Incomplete designs carry real risk of delays and cost overruns. That's why the AP1000 reactor is the right choice for Canada: it is already operating today and ready now to deliver the power we need, with 100 percent Canadian ownership and strong participation from Canadian suppliers. If we are serious about building Canada and powering it on time and on budget, the choice is clear. The AP1000 reactor is the only option that delivers.To learn more, visit ap1000.cameco.com.Check out our main page at ReadTheLine.ca, and as always, like and subscribe.#OnTheLine #Housing #MikeMoffatt #MissingMiddle #CanadaHousing #KeirStarmer #AndyBurnham #UKPolitics #AndrewMacDougall #MattGurney

Ron Butler, principal of Butler Mortgage and host of The Angry Mortgage Broker podcast, discusses the government's controversial decision to bail out B.C. condo developers. He argues that the decision privatizes profits while socializing losses, rescuing developers who overpriced units rather than allowing market corrections that would benefit potential homeowners. He questions why taxpayers nationwide should subsidize B.C.'s real estate industry and warns the bailout sets a dangerous precedent for the industry.The Hub is Canada's fastest growing independent digital news outlet.Subscribe to The Hub's podcast feed to get our best content when you are on the go:https://tinyurl.com/3a7zpd7e (Apple)https://tinyurl.com/y8akmfn7 (Spotify)Follow The Hub on X: https://x.com/thehubcanada?lang=enCREDITS:Amal Attar-Guzman - Producer and Editor Rudyard Griffiths - HostDarryl Dyck/The Canadian Press - Photo Credit Hosted on Acast. See acast.com/privacy for more information.

The AI industry promised a technological revolution. Instead, some of the biggest players are burning billions of dollars while demanding more data centers, more energy, more subsidies, and more government support. Meanwhile, their models — and the business model undergirding it — are rapidly failing. I'm joined by AI pioneer Gary Marcus to expose the growing cracks in the generative AI business model. OpenAI is reportedly losing tens of billions, while major tech companies slash token usage, cut spending, and confront the reality that the economics simply don't add up. Real AI innovation is moving away from the data center and LLM model at a time when companies are tripling down on debt-driven spending to prop it up. The future of AI will not look like ChatGPT. It is those tech bros, and the politicians who support them, who are holding up true technological innovation. Separately, but relatedly, I break down the latest political capitulations on the Iran deal, immigration, and how the "America First" agenda is being sold out to corporate interests. Learn more about your ad choices. Visit megaphone.fm/adchoices

Today's show is sponsored by The Cost Segregation Guys. If you own investment real estate and haven't looked seriously at cost segregation, you could be leaving significant tax savings on the table. The Cost Segregation Guys help investors accelerate depreciation, improve near-term cash flow, and make more efficient use of capital, all without changing the underlying asset. ------------Today I want to talk about a topic that's poorly understood by many investors, but it has a direct impact on every mortgage, every construction loan, and every real estate project.I'm talking about Federal Reserve swap lines and why they're so important to maintaining stability in the bond market.Recently, Treasury Secretary Scott Bessent testified before Congress and made a statement that caught my attention. He said:"Swap lines are to maintain order in the dollar funding markets and to prevent the sale of U.S. assets in a disorderly way."Many people mistakenly view swap lines as some form of foreign aid. They're not. A swap line is essentially a temporary agreement between the Federal Reserve and another central bank. The Fed provides dollars in exchange for the foreign currency. The foreign central bank can then provide those dollars to banks within its own country.Think of it as a pressure-release valve. Instead of forcing institutions to sell Treasury bonds to obtain dollars, the dollars are temporarily made available through the swap line.--------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

 Ian Lee is an Associate Professor at Carleton University in the Sprott School of Business Learn more about your ad choices. Visit megaphone.fm/adchoices

Step right up folks! Please don't crowd! No need to shove, plenty here for everyone!Welcome to the Bonanza Extravaganza of the Artificial Intelligence “BOOM.” Silicon Valley billionaires are now proposing a scheme to deliver an unbelievable windfall to “every citizen.” Tech titans like Sam Altman of OpenAI are pushing the federal government to create a “public wealth fund” to let us commoners be investment partners in building the AI wonderworld.Lest you worry that this might be a corporate scam, note that Donald Trump, the deal-maker-in-chief, exults that letting the American public buy into the tech booms is a sure bet to “make them rich.” And Altman adds that a public investment fund would allow Joe and Jill Schmo to “participate directly in the upside of AI-driven growth.”Wow – benevolent capitalism!But wait – aren't AI barons infamous greedheads who constantly rig the system for themselves, sneer at the public, and openly disdain government programs? Well… yes.And wait again – they say We would “share in the upside” of AI, but what about the downside? Far from profitable, all of the industry's powerhouses, including OpenAI, are losing hundreds of billions of dollars while carelessly adding trillions in new debt and – shhhh – quietly admitting that their razzle-dazzle computer fantasies might not work.They won't tell you this, but going bust is a real possibility. And that is why AI's private-enterprise whizzes are now so desperately pushing us taxpayers to become their socialist “partners.” If and when they fail, your and my role is to save their bacon by demanding that “the public” deserves a government bailout.Do something!Want to help keep an eye on what Big Tech is trying to do with AI? Check out The Midas Project, a new AI watchdog nonprofit.Jim Hightower's Lowdown is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit jimhightower.substack.com/subscribe

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The 3PMD crew is back and we are not holding back! In this week's episode, Tank, Aub, Eddie P., and King Sully roast the week's craziest headlines. We kick things off with the truth behind Elon Musk's SpaceX IPO and what might be the biggest public bailout in history.From there, we dive into the wild world of side hustles—including an inmate who bought a house with gold coins from behind bars, and an Atlanta entrepreneur running a mobile wig salon out of a G-Wagon. We also tackle the serious stuff, like the heartbreaking Carmelo Anthony verdict and the bizarre return of the screwworm. Plus, we debate the rise of AI girlfriends and why a simple birthday cake can cause so much panic among men.Drop a comment below: Would you be mad if the homies bought you a birthday cake?

Public records obtained by economist Joe Cortright reveal the Interstate Bridge Replacement Program allocates $320 million to TriMet's Ruby Junction maintenance facility in Gresham — 20 miles from the bridge — while the overall IBR price tag has ballooned from $3.2 billion to potentially $15 billion. Rep. John Ley of the 18th Legislative District breaks down the numbers and questions who is accountable. https://www.clarkcountytoday.com/opinion/opinion-the-ibr-shell-game-for-trimet-at-ruby-junction/ #IBR #TriMet #RubyJunction #Interstatebridge #Transportation #ClarkCounty #WashingtonState #LightRail #Opinion #Politics ---

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Jillian Michaels is joined by trans conservative and political commentator Blaire White and the gloves are coming off. Key Topics Covered in This Episode:  2026 Politics: Pure Theater — A gay moderate and a trans conservative who answer to no party, no movement, and no mob break down exactly how both sides are using identity to keep you voting against your own interests. She also weighs in on her fued with Candace Owens and her unlikely friendship with Michael Knowles and Ben Shapiro.  "No Such Thing as a Trans Kid" — Blaire White knew she was different at age 5 — and she still says children cannot consent to permanently altering their bodies. Who's actually protecting these kids?  Therapy or Brainwashing? —“Affirmation Only Therapy?!”  California and Canada have made it illegal for therapists to ask a child if they might be wrong about their gender. When questioning is outlawed, is that medicine or indoctrination?  California's Most Dangerous Law You've Never Heard Of — Can they transition your child without your consent?! Every parent NEEDS to know this.   Sanctuary State Secrets — California is quietly rewriting the rules on parental rights — and if they get away with it, your state is next.  Digital Nihilism / Looksmaxxing Trap — Kick. Incel pipelines. Body dysmorphia on demand. How Big Tech is quietly engineering a generation with no hope and no identity.  AI Deepfake Harassment — It happened to Jillian. It happened to Blaire. Synthetic imagery weaponized to destroy reputations and silence women who won't back down.  Faith in a Godless Algorithm — Blaire White opens up about Christianity, meaning, and why spiritual grounding may be the last line of defense against a world designed to hollow you out. Follow Blaire White: YouTube: @BlaireWhiteX  Instagram: @MsBlaireWhite  Podcast: The Blaire White Project  CHAPTERS 00:00 — Intro: The Most Dangerous Woman on the Internet  00:52 — Who Is Blaire White? Trans Conservative, Republican, Three-Time Trump Voter  03:35 — "There Is No Such Thing as a Trans Kid" — Blaire Explains Why  07:12 — The Cass Review: Four Years of Studies They Don't Want You Citing  08:44 — Blaire Knew at Age 5 — And Why That Still Doesn't Mean What the Left Thinks  10:29 — The California Law That Makes Questioning a Child's Gender Illegal  11:49 — Therapy or Brainwashing? The Affirmation-Only Trap  13:27 — Gavin Newsom's Wife and the $4 Million Gender Charity Scandal  15:14 — California: Sanctuary State for Trans Kids — What That Actually Means  33:17 — Blaire vs. Ben Shapiro and Michael Knowles: What Really Happened  37:19 — The Candace Owens Exposé — Before Anyone Was Paying Attention  44:00 — Blue Pill, Red Pill, Black Pill: The Conspiracy Theory Trap  47:35 — AI Deepfakes Are Fooling Everyone 54:28 — It Happened to Jillian: Fake AI Ads and Diet Scams Using Her Face  55:29 — It Happened to Blaire: AI-Generated Intimate Images and the Real World Folder  57:02 — Digital Nihilism: Why Everyone Wants to Bail Out  59:49 — Why Gen Z Is Running Toward God  1:04:00 — Blaire on Becoming Christian at 30 and What She Found on the Other Side  1:09:33 — Looksmaxxing, Kick Platform, and the Hopeless Generation  1:12:26 — Body Dysmorphia, Eating Disorders, and the Need for Control  1:13:52 — Thank You & Where to Find Blaire White Quince: Refresh your wardrobe with timeless, high-quality pieces from Quince—go to https://Quince.com/JILLIAN for free shipping and 365-day returns! Cardiff: Get fast business funding without bank delays—apply in minutes with Cardiff and access up to $500,000 in same‑day funding at https://Cardiff.co/JILLIAN Fox One: Sign up at https://fox.com to watch Keeping It Real and more on-demand with FOX One. Learn more about your ad choices. Visit megaphone.fm/adchoices

Roundup of the Week's Top Stories in Economics and Freedom$500 Million Bailout for Spirit AirlinesWarsh's Plans for the FedTrump Tells NATO to Pay UpGender Studies Degrees to Become a Thing of the Past“Greatest Energy Crisis in History”Read the article "Greatest Energy Crisis in History" at https://www.profstonge.com/Visit our Sponsor: Monetary MetalsEarn 5% to 12% interest on your physical gold and silver, paid in physical gold and silver.Visit our Sponsor: CoinKiteProtect your Bitcoin with an Ultra-Secure Hardware WalletVisit our Sponsor: Abundant MinesMine Bitcoin, Keep the Profits, Reduce your Taxes. We handle Everything.Visit our Sponsor: The Bitcoin WayStep-by-step help with Bitcoin self-custody, upgraded cybersecurity, and Plan B residency.Profstonge WeeklyWeekly articles on economics and freedom and a monthly investment Watch ListDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the show

Markets are ripping despite $120 oil and an escalating war. Ryan and David break down why the AI boom is drowning out macro risks, whether a wave of trillion-dollar IPOs could mark the top, and how DeFi just bailed itself out after its biggest hack ever. ---

We start with President Donald Trump's comments on Iran's latest proposal to end the war. We hear from some workers who are among millions marching in the US and around the world on May Day. We have an update on a second missing doctoral student in Florida. A federal judge privately admonished prosecutors during a hearing on the press dinner shooting. Plus, Spirit Airlines' fate hangs in the balance. Learn more about your ad choices. Visit podcastchoices.com/adchoices

3pm - I WAS THINKING:  Trump’s Spirit Airlines Bailout is a TERRIBLE Idea // May Day March 2026: Workers Over Billionaires // Protests ensue at Turning Point Event at UW // Erika Kirk delivers… an interesting monologue this morning

Is the era of protocol bailouts upon us? The Chopping Block crew and MegaETH's Shuyao Kong debate Defi United's community-funded rescue, the KPI vesting experiment shaking up token launches, whether DeFi yields truly underprice risk, and the first major PolyMarket insider trading bust—all delivered with the usual insider banter you won't hear anywhere else. Welcome to The Chopping Block — where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. This week, the squad is joined by MegaETH co-founder Shuyao Kong, fresh off their headline-making KPI-gated token launch. First, we dive into the whirlwind that is Defi United: a who's-who of Ethereum OGs and protocols pledging hundreds of millions to fill bailout holes from the massive KelpDAO hack—voluntarily. Are we witnessing a new age of protocol do-gooder vibes or just kicking the moral hazard can down the road?  Then, we tear into the “are DeFi yields way too low” debate, prodded by Tom Dunleavy's viral thread—should degens really be earning more for taking protocol risk, or are the markets just as weird as they seem? Shuyao gives us an under-the-hood look at MegaETH's radical KPI vesting mechanics, why they made the token vesting play risky pre-TGE, and whether dynamic tokenomics could be the industry's way forward (with plenty of banter about airdrop farming and governance theater along the way).  Finally, we spin through the saga of PolyMarket's big DOJ insider trading bust: is “insider info” a feature or a bug in prediction markets? All that, history lessons, cynicism, and more—let's get into it. Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform. Show highlights

DeFi just raised $302 million to cover losses from the Kelp DAO hack. David calls it what it is: a bailout. David runs through four stories from the week — MegaETH, DeFi United, Meta's stablecoin payouts, and the Blockworks rebrand. We unpack why MegaETH's points campaign is the 2021 playbook in 2026, why stablecoin income doesn't equal crypto adoption, and what happens when the house money runs out. Enjoy! TIMESTAMPS: (00:00) Introduction (01:14 MegaETH) (13:34 Nexo Ad) (14:11 DeFi United) (21:20 Nexo Ad) (22:12 Meta Stablecoins) (30:14 Blockworks Valuation) FOLLOW THE SHOW › David — https://x.com/dcanellis › The Breakdown — https://x.com/TheBreakdownBW SPONSORS › NEXO Nexo is the premier digital wealth platform. Receive interest on your crypto, borrow against it without selling, and trade a range of assets. Now available in the U.S with 30 days of exclusive privileges. Get started at http://nexo.com/breakdown Get top market insights and the latest in crypto news. Subscribe to the Blockworks Daily Newsletter: https://blockworks.co/newsletter/ DISCLAIMER As always, remember this podcast is for informational purposes only, and any views expressed by anyone on the show are solely their opinions, not financial advice.

President Trump has suggested the United States “buy” the struggling Spirit Airlines. We discuss other ways Trump has blurred the lines between government and business and whether Republicans have turned from their traditional stance on free-market capitalism. This episode: voting correspondent Miles Parks, financial correspondent Maria Aspan, and White House correspondent Danielle Kurtzleben.This podcast was produced by Casey Morell and Bria Suggs, and edited by Rachel Baye. Our executive producer is Muthoni Muturi.Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics.See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy

Kara and Scott unpack the aftermath of the White House Correspondents' Dinner shooting — the suspect, the media response, and how Trump is using the incident to push for his ballroom. Then, as the Musk vs. Altman courtroom battle gets underway, they break down who has the upper hand. Plus, Big Tech layoffs, the DOJ dropping its Powell probe, and a potential Spirit Airlines bailout.Watch this episode on the ⁠⁠Pivot YouTube channel⁠⁠.Follow us on Instagram and Threads at ⁠⁠@pivotpodcastofficial⁠⁠.Follow us on Bluesky at ⁠⁠@pivotpod.bsky.social⁠⁠Follow us on TikTok at ⁠⁠@pivotpodcast⁠⁠.Send us your questions by calling us at 855-51-PIVOT, or email Pivot@voxmedia.com Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Trump administration has reportedly been in talks to bail out Spirit Airlines, either with a big loan or by buying it. The budget airline had already been struggling, and now faces even tougher times with higher fuel costs. But does that justify bailing it out? Plus, an upstate New York toy and doll shop owner reflects on the stop-start jolts of U.S. trade policy and the challenges of the tariff refund process.

This week we zoomed out to take stock of the greatest financial heist in recorded history. Sixteen years of bailouts, money printing, and acronym soup that kept corporate America whole while the rest of us fell further behind. And then we took a quick detour into crypto, where Bitcoin is quietly creeping back up and the guy sitting on $62 billion worth of it really wants you to think that’s a sign you should buy in. Chapters Intro: 00:00:00 Quick Takes: 00:00:44 Max Notes: 00:06:01 Killer Left Take of the Week: 00:20:45 Chart of the Week: 00:23:05 Headlines: 00:26:07 Pod Love + Book Love: 00:28:46 Outro: 00:30:01 Resources ProPublica: Bailout Tracker: Tracking Every Dollar and Every Recipient U.S. Department of the Treasury: Troubled Asset Relief Program (TARP) MIT Sloan: Here’s how much the 2008 bailouts really cost Levy Economics Institute: A Detailed Look at the Fed’s Bailout by Funding Facility and Recipient Parker Poe: Summary of the $2 Trillion Federal CARES Act U.S. Department of the Treasury: Airline and National Security Relief Programs Brookings Institution: What did the Fed do in response to the COVID-19 crisis? U.S. Small Business Administration: Paycheck Protection Program U.S. Congressional Budget Office: Estimated Budgetary Effects of H.R. 5376, the Inflation Reduction Act of 2022 Good Jobs First: Subsidy Tracker Top 100 Parent Companies The Majority Report w/ Sam Seder: Mamdani Is Rewriting The Democratic Playbook Bloomberg: Bitcoin’s Stealth Rally Has Traders Setting Sights on $80,000 Bloomberg: Climate Change Is Already Showing Up in the Cost of Living Mother Jones: Number Go Up. The Oligarchy in Overdrive WSWS: El Salvador’s Bukele regime stages mass show trial for nearly 500 alleged gang members Pod Love Straight White American Jesus: Project 2025 in Action Book Love Quinn Slobodian and Ben Tarnoff: Muskism: A Guide for the Perplexed UNFTR Resources Essay: What Will the Next Bailout look like? Video: White House Assassination Plot, Bailout Coming, and Fed's Dangerous Gamble Video: MTN Macro Take: The Warsh Man for the Job -- If you like #UNFTR, please leave us a rating and review on Apple Podcasts and Spotify: unftr.com/rate and follow us on Facebook, Bluesky, and Instagram at @UNFTRpod. Visit us online at unftr.com. Become a member at unftr.com/memberships. Buy yourself some Unf*cking Coffee at shop.unftr.com. Visit our bookshop.org page at bookshop.org/shop/UNFTRpod to find the full UNFTR book list, and find book recommendations from our Unf*ckers at bookshop.org/lists/unf-cker-book-recommendations. Access the UNFTR Musicless feed by following the instructions at unftr.com/accessibility.Support the show: https://www.unftr.com/membershipsSee omnystudio.com/listener for privacy information.

The Trump administration has reportedly been in talks to bail out Spirit Airlines, either with a big loan or by buying it. The budget airline had already been struggling, and now faces even tougher times with higher fuel costs. But does that justify bailing it out? Plus, an upstate New York toy and doll shop owner reflects on the stop-start jolts of U.S. trade policy and the challenges of the tariff refund process.

The Trump administration shifts medical marijuana from Schedule I to Schedule III, opening up federal tax deductions that will be a boon to America's pot industry. Plus, President Trump suggests the federal government might step in to bail out or even buy Spirit Airlines, a precedent that progressives will love. Learn more about your ad choices. Visit megaphone.fm/adchoices

(00:00:00) U.S. Navy Intercepts Iranian Vessel (00:05:38) A Bailout for Spirit Airlines? (00:10:27) Betting on the future when you know the future Craig Collins remains in for Greg Corombus Friday, and Craig and Jim start by noting the U.S. Navy's success in capturing Iranian-flagged ships trying to run the blockade on Iran's ports – while noting that the growing size of the “ghost fleet” in the past decade or so is a scandal.Speaking of ghosts, the Trump administration is attempting to resurrect the bankrupt Spirit Airlines, in a move unpleasantly reminiscent of the federal government's bailout of General Motors.In the crazy martini, Craig and Jim have mixed feelings about the special operations soldier who was involved in the capture of Venezuelan President Nicolas Maduro who allegedly made more than $400,000 by betting on Maduro's removal from office. Is this what they mean when they say to bet on yourself?Finally, a New York Giants fan and a New York Jets fan watch the first round of this year's NFL Draft and come away… happy!Please visit our great sponsors:QuoMake this the season where no opportunity or customer slips away with Quo. Try Quo free and get 20% off your first 6 months at https://Quo.com/3MLPocket HoseFor a limited time, get two free gifts—a 360° rotating pocket pivot and a thumb drive nozzle—when you buy the Pocket Hose Ballistic; just text MARTINI to 64000, message and data rates may apply.Fast Growing TreesBetter plants, better growing, and an extra 20% off with code MARTINI at https://FastGrowingTrees.com/Martini for a limited time; terms and conditions may apply.Noble GoldSchedule a free gold strategy session with Noble Gold. Visit https://NobleGoldInvestments.com/3ML to learn how to build lasting financial security.New episodes every weekday. 

Live April 24, 2026 | Yaron Brook Show(Season 12, Episode 76)Iran; Lebanon; Gulf Bailout; Fed; Griffin; Insider Trading; Math; "Affordability" | Yaron Brook Show

Trump math, Spirit Airlines socialism, Tucker's breakup, and Marxism all walk into Dumb Bleep of the Week. This one gets stupid fast. In this Good Morning Liberty episode, Nathan and Chuck break down the Trump RX "600%" math problem, the possible Spirit Airlines bailout or government purchase, campaign attacks on Thomas Massie, Tucker Carlson apologizing for supporting Trump, and the "mission accomplished" moment on Iran. Then the show flips left: Mark Kelly compares flu shots to smallpox, Democrats try to own the weed issue after Kamala Harris and Biden, Hasan Piker gets pulled into the billionaire debate, and the labor theory of value gets the mud pie treatment. Chapters: 00:00 Intro and Dumb Bleep rules 03:00 Trump RX and 600% math 09:00 Spirit Airlines bailout or government purchase 21:00 Thomas Massie and campaign lies 25:30 Tucker breaks with Trump 32:15 The Iran "mission accomplished" moment 36:30 Mark Kelly, flu shots, and smallpox 41:00 Democrats, weed, Kamala, and hypocrisy 44:30 Billionaires, wage theft, and Hasan Piker 58:30 Marxism and the labor theory of value 01:10:30 Dumb Bleep voting begins 01:13:30 Spirit Airlines wins Dumb Bleep Links: Watch All Episodes: https://www.youtube.com/playlist?list=PLi78svKlBr_8o0dDOX8DxO_Wwxu6WYhhA Watch Host Favorites: https://www.youtube.com/playlist?list=PLi78svKlBr__Zu40RL7mWxCuOOe54zgy2 Join the Fed Haters Club @ joingml.com All links @ gml.bio.link Subscribe, like, comment, and share. Also follow the podcast and leave a rating or review.

Senators grilled Robert F. Kennedy Jr. in marathon hearings on Capitol Hill. The White House weighs in on the US-Iran ceasefire extension. A fuel shortage is impacting summer air travel – plus, new developments on a troubling airline's rescue deal with the federal government. The Gates Foundation is zeroing in on ties to Jeffrey Epstein. And, a longtime Georgia Democrat has died. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Whoop's wearable wrist band got banned by the Australian Open… but then it hit $10B69% of Coca-Cola's biz is restaurants so it's bailing ‘em out… Soda is the ultimate Profit Puppy.Iran's Revolutionary Guard has new target… Google, Meta, and Nvidia.Plus, Instagram's newest feature lets you spy on your exes… For $1.$KO $NVDA $GOOG Buy tickets to The IPO Tour (our In-Person Offering) TODAYNew York, NY (4/8): https://www.ticketmaster.com/event/0000637AE43ED0C2Los Angeles, CA (6/3): SOLD OUTGet your TBOY Yeti Doll gift here: https://tboypod.com/shop/product/economic-support-yeti-doll NEWSLETTER:https://tboypod.com/newsletter OUR 2ND SHOW:Want more business storytelling from us? Check our weekly deepdive show, The Best Idea Yet: The untold origin story of the products you're obsessed with. Listen for free to The Best Idea Yet: https://wondery.com/links/the-best-idea-yet/NEW LISTENERSFill out our 2 minute survey: https://qualtricsxm88y5r986q.qualtrics.com/jfe/form/SV_dp1FDYiJgt6lHy6GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Linkedin (Nick): https://www.linkedin.com/in/nicolas-martell/Linkedin (Jack): https://www.linkedin.com/in/jack-crivici-kramer/Anything else: https://tboypod.com/ About Us: The daily pop-biz news show making today's top stories your business. Formerly known as Robinhood Snacks, The Best One Yet is hosted by Jack Crivici-Kramer & Nick Martell. Hosted on Acast. See acast.com/privacy for more information.