anarchy 1.0 - Kriegsanstifter

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Re: anarchy 1.0 - Kriegsanstifter

Post #4301 by tbm » Thu Oct 12, 2017 1:07 pm

Prime Minister Justin Trudeau and his finance minister, Bill Morneau, may still think they can get away with the blatant double standard of hiking taxes on personal corporations, while at the same time shielding their personal family trusts. They preach endlessly about a concern for the middle class, yet the privileged few arrange for their progeny to clip coupons, untroubled by a looming burden on their fellow citizens in less favourable circumstances.

Spoiler alert: The Liberals will not be able to ignore much longer the widespread anger of self-employed Canadians who do not have the means to duplicate their betters’ tidy set-up. Particularly while pensioners, including former government employees, can split pension income with their spouses, while the self-employed without pensions cannot split corporate income.

The lucky Liberal duo, luxuriating roughly in the one-tenth of one per cent and one thousandth of one per cent respectively (“We few, we happy few, we band of brothers”), sternly informed us that “fairness” demands new tax reforms that include a punitive tax on personal corporations. Why? Because the much maligned one per cent is allegedly gaming the system. It turns out that the objects of their guilt-signalling are hardworking middle-class Canadians who follow the rules: doctors, farmers, mom-and-pop shop owners and cash-strapped entrepreneurs.

What about people who were born or married into “comfortable,” even fabulously wealthy families? They can afford to hire expensive tax lawyers whose professional mission is to exploit loopholes in our arcane and exceedingly complex tax code. That explains the popularity of family trusts.

Let’s take a look at how they work. A parent lends money without limit to a trust. It invests the funds, makes a small interest payment to the donor and then distributes (or “sprinkles,” to use the new pejorative term) the income or capital gains from the investments to the donor’s offspring. Assuming the beneficiaries are in a lower tax bracket than the donor, the total tax bill for the family is reduced. Whatever amount the trust does not distribute attracts the top individual tax rate of up to 53 per cent, in contrast to a threatened 73 per cent rate on passive corporate income.

How is that different financially from income sprinkling or passive income in a personal corporation? It isn’t, yet Morneau’s proposal exempts trusts. Furthermore, the fortunate trust-fund kids receive income or capital gains with no obligation to work or contribute to the trust. It is a gift, pure and simple. That is not a problem in itself, but why then penalize a farmer’s family members who receive wages for helping with the harvest? Or a shop-owner’s kids who are paid for watching the counter?

While legally distinct, the two situations are also identical from a fairness perspective. A mother or father transfers income to a son or daughter to take advantage of their lower tax bracket. If the mother is a doctor with a personal corporation, watch out. But if the father has the wealth to set up a family trust, his trust-fund relatives are just fine, thank you.


http://business.financialpost.com/opini ... t-you-cant
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Re: anarchy 1.0 - Kriegsanstifter

Post #4302 by akiberg » Thu Oct 12, 2017 3:20 pm

“No country would find 173 billion barrels of oil in the ground and just leave them there.”
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Re: anarchy 1.0 - Kriegsanstifter

Post #4303 by Curry Rage » Fri Oct 13, 2017 3:01 am

tbm wrote:
Prime Minister Justin Trudeau and his finance minister, Bill Morneau, may still think they can get away with the blatant double standard of hiking taxes on personal corporations, while at the same time shielding their personal family trusts. They preach endlessly about a concern for the middle class, yet the privileged few arrange for their progeny to clip coupons, untroubled by a looming burden on their fellow citizens in less favourable circumstances.

Spoiler alert: The Liberals will not be able to ignore much longer the widespread anger of self-employed Canadians who do not have the means to duplicate their betters’ tidy set-up. Particularly while pensioners, including former government employees, can split pension income with their spouses, while the self-employed without pensions cannot split corporate income.

The lucky Liberal duo, luxuriating roughly in the one-tenth of one per cent and one thousandth of one per cent respectively (“We few, we happy few, we band of brothers”), sternly informed us that “fairness” demands new tax reforms that include a punitive tax on personal corporations. Why? Because the much maligned one per cent is allegedly gaming the system. It turns out that the objects of their guilt-signalling are hardworking middle-class Canadians who follow the rules: doctors, farmers, mom-and-pop shop owners and cash-strapped entrepreneurs.

What about people who were born or married into “comfortable,” even fabulously wealthy families? They can afford to hire expensive tax lawyers whose professional mission is to exploit loopholes in our arcane and exceedingly complex tax code. That explains the popularity of family trusts.

Let’s take a look at how they work. A parent lends money without limit to a trust. It invests the funds, makes a small interest payment to the donor and then distributes (or “sprinkles,” to use the new pejorative term) the income or capital gains from the investments to the donor’s offspring. Assuming the beneficiaries are in a lower tax bracket than the donor, the total tax bill for the family is reduced. Whatever amount the trust does not distribute attracts the top individual tax rate of up to 53 per cent, in contrast to a threatened 73 per cent rate on passive corporate income.

How is that different financially from income sprinkling or passive income in a personal corporation? It isn’t, yet Morneau’s proposal exempts trusts. Furthermore, the fortunate trust-fund kids receive income or capital gains with no obligation to work or contribute to the trust. It is a gift, pure and simple. That is not a problem in itself, but why then penalize a farmer’s family members who receive wages for helping with the harvest? Or a shop-owner’s kids who are paid for watching the counter?

While legally distinct, the two situations are also identical from a fairness perspective. A mother or father transfers income to a son or daughter to take advantage of their lower tax bracket. If the mother is a doctor with a personal corporation, watch out. But if the father has the wealth to set up a family trust, his trust-fund relatives are just fine, thank you.


http://business.financialpost.com/opini ... t-you-cant


Congratulations! Something like a balanced view. Cucki's source would've had you believe that the Red Army was coming to collectivise the farms.

:nucks:

It must be idiotic ideology that gets them so riled up because objectively speaking it's just make work for them. Bean counters need imaginary value beans.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4304 by Curry Rage » Fri Oct 13, 2017 3:28 am

akiberg wrote:
Curry Rage wrote:Shit to signal still at high ratio.

I suggest you stop reading the guardian if you are giving serious consideration to improving your ratio.

Suppose I'll stop reading those IMF reports too. I guess it would give me more time to do all that boring tax nonsense for my businesses. lt's pedestrian for anyone of intelligence but someone has to do it. I suppose I could always hire a trumped up minion to read a rulebook for me but... All this and good looks too.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4305 by akiberg » Fri Oct 13, 2017 6:22 am

I wouldn’t say reading is your problem.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4306 by akiberg » Fri Oct 13, 2017 6:27 am

Curry Rage wrote:
tbm wrote:
Prime Minister Justin Trudeau and his finance minister, Bill Morneau, may still think they can get away with the blatant double standard of hiking taxes on personal corporations, while at the same time shielding their personal family trusts. They preach endlessly about a concern for the middle class, yet the privileged few arrange for their progeny to clip coupons, untroubled by a looming burden on their fellow citizens in less favourable circumstances.

Spoiler alert: The Liberals will not be able to ignore much longer the widespread anger of self-employed Canadians who do not have the means to duplicate their betters’ tidy set-up. Particularly while pensioners, including former government employees, can split pension income with their spouses, while the self-employed without pensions cannot split corporate income.

The lucky Liberal duo, luxuriating roughly in the one-tenth of one per cent and one thousandth of one per cent respectively (“We few, we happy few, we band of brothers”), sternly informed us that “fairness” demands new tax reforms that include a punitive tax on personal corporations. Why? Because the much maligned one per cent is allegedly gaming the system. It turns out that the objects of their guilt-signalling are hardworking middle-class Canadians who follow the rules: doctors, farmers, mom-and-pop shop owners and cash-strapped entrepreneurs.

What about people who were born or married into “comfortable,” even fabulously wealthy families? They can afford to hire expensive tax lawyers whose professional mission is to exploit loopholes in our arcane and exceedingly complex tax code. That explains the popularity of family trusts.

Let’s take a look at how they work. A parent lends money without limit to a trust. It invests the funds, makes a small interest payment to the donor and then distributes (or “sprinkles,” to use the new pejorative term) the income or capital gains from the investments to the donor’s offspring. Assuming the beneficiaries are in a lower tax bracket than the donor, the total tax bill for the family is reduced. Whatever amount the trust does not distribute attracts the top individual tax rate of up to 53 per cent, in contrast to a threatened 73 per cent rate on passive corporate income.

How is that different financially from income sprinkling or passive income in a personal corporation? It isn’t, yet Morneau’s proposal exempts trusts. Furthermore, the fortunate trust-fund kids receive income or capital gains with no obligation to work or contribute to the trust. It is a gift, pure and simple. That is not a problem in itself, but why then penalize a farmer’s family members who receive wages for helping with the harvest? Or a shop-owner’s kids who are paid for watching the counter?

While legally distinct, the two situations are also identical from a fairness perspective. A mother or father transfers income to a son or daughter to take advantage of their lower tax bracket. If the mother is a doctor with a personal corporation, watch out. But if the father has the wealth to set up a family trust, his trust-fund relatives are just fine, thank you.


http://business.financialpost.com/opini ... t-you-cant


Congratulations! Something like a balanced view. Cucki's source would've had you believe that the Red Army was coming to collectivise the farms.

:nucks:

It must be idiotic ideology that gets them so riled up because objectively speaking it's just make work for them. Bean counters need imaginary value beans.

very surprised you’re able to even recognize a balanced view. good for you, little guy.
....but, then you go ruin it by bleeting the same bombastic guardian fueled nonsense we've all become accustomed to. bad for you, little guy.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4307 by tbm » Fri Oct 13, 2017 11:43 am

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Re: anarchy 1.0 - Kriegsanstifter

Post #4308 by Curry Rage » Fri Oct 13, 2017 1:13 pm

akiberg wrote:very surprised you’re able to even recognize a balanced view. good for you, little guy.
....but, then you go ruin it by bleeting the same bombastic guardian fueled nonsense we've all become accustomed to. bad for you, little guy.


LOL, you think the Guardian taught me that bean counters count beans with made up value. :donger:
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Re: anarchy 1.0 - Kriegsanstifter

Post #4309 by paulster » Fri Oct 13, 2017 2:48 pm

This is my least favourite thread.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4310 by akiberg » Fri Oct 13, 2017 4:05 pm

Curry Rage wrote:
akiberg wrote:very surprised you’re able to even recognize a balanced view. good for you, little guy.
....but, then you go ruin it by bleeting the same bombastic guardian fueled nonsense we've all become accustomed to. bad for you, little guy.


LOL, you think the Guardian taught me that bean counters count beans with made up value. :donger:

no.
I don’t think the guardian taught you how to be a tiny little man, either. but here we are.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4311 by akiberg » Fri Oct 13, 2017 4:05 pm

paulster wrote:This is my least favourite thread.

fair
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Re: anarchy 1.0 - Kriegsanstifter

Post #4312 by Curry Rage » Sat Oct 14, 2017 4:46 am

paulster wrote:This is my least favourite thread.


Me three.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4313 by akiberg » Sun Oct 15, 2017 8:41 am

“No country would find 173 billion barrels of oil in the ground and just leave them there.”
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Re: anarchy 1.0 - Kriegsanstifter

Post #4314 by Curry Rage » Mon Oct 16, 2017 4:33 am

When your accountant loses half-a-trillion pounds.

http://www.telegraph.co.uk/business/201 ... bn-poorer/
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Re: anarchy 1.0 - Kriegsanstifter

Post #4315 by akiberg » Mon Oct 16, 2017 6:59 am

Curry Rage wrote:When your accountant loses half-a-trillion pounds.

http://www.telegraph.co.uk/business/201 ... bn-poorer/

you able to find a graph that shows where this 500 billion went?
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Re: anarchy 1.0 - Kriegsanstifter

Post #4316 by Curry Rage » Tue Oct 17, 2017 3:08 am

You watched the 2015/16 Leafs season yet?
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Re: anarchy 1.0 - Kriegsanstifter

Post #4317 by akiberg » Wed Oct 18, 2017 8:43 am

“No country would find 173 billion barrels of oil in the ground and just leave them there.”
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Re: anarchy 1.0 - Kriegsanstifter

Post #4318 by Curry Rage » Wed Oct 18, 2017 11:41 am

Zip up; your hypocrisy is showing, sunshine.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4319 by akiberg » Wed Oct 18, 2017 9:58 pm

Curry Rage wrote:Zip up; your hypocrisy is showing, sunshine.

you don’t understand ratios, graphs and now you seem to be struggling with hypocrisy.
very cute.
enthrall me with the hypocrisy in my lol at Morneau article. can’t wait.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4320 by Curry Rage » Thu Oct 19, 2017 3:23 am

:donger:
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Re: anarchy 1.0 - Kriegsanstifter

Post #4321 by akiberg » Thu Oct 19, 2017 11:01 am

Curry Rage wrote::donger:

you are such a simple little man
cute pic
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Re: anarchy 1.0 - Kriegsanstifter

Post #4322 by akiberg » Sat Oct 21, 2017 11:36 am

https://www.google.ca/amp/s/globalnews. ... tions/amp/

lol, Quebec. it’s too bad it’s happening there. if it was Alberta/a conservative government passing that law the screeching harpies would be having a field day. but nope, just crickets.
hey, little drummer boy - that’s a beautiful example of hypocrisy. sorry I didn’t include a graph.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4323 by clawfirst » Sat Oct 21, 2017 4:33 pm

I think we can agree both conservatives and quebec are racist as fuck
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Re: anarchy 1.0 - Kriegsanstifter

Post #4324 by clawfirst » Sat Oct 21, 2017 4:33 pm

So yes pandering to base
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Re: anarchy 1.0 - Kriegsanstifter

Post #4325 by akiberg » Sat Oct 21, 2017 5:01 pm

clawfirst wrote:I think we can agree both conservatives and quebec are racist as fuck

well, obviously
I hope you stopped using dove soap.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4326 by clawfirst » Sat Oct 21, 2017 5:11 pm

I only use rendered baby seal fat
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Re: anarchy 1.0 - Kriegsanstifter

Post #4327 by akiberg » Sat Oct 21, 2017 5:30 pm

clawfirst wrote:I only use rendered baby seal fat

hopefully from only humanely clubbed seals
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Re: anarchy 1.0 - Kriegsanstifter

Post #4328 by clawfirst » Sat Oct 21, 2017 5:49 pm

If by humanly you mean by a human.....i hope not it would be way more fun to watch a machine do it...kinda like mechanically separated chicken
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Re: anarchy 1.0 - Kriegsanstifter

Post #4329 by vf » Sat Oct 21, 2017 6:58 pm

akiberg wrote:https://www.google.ca/amp/s/globalnews.ca/news/3816055/trudeau-quebec-face-coverings-ban-implications/amp/

lol, Quebec. it’s too bad it’s happening there. if it was Alberta/a conservative government passing that law the screeching harpies would be having a field day. but nope, just crickets.
hey, little drummer boy - that’s a beautiful example of hypocrisy. sorry I didn’t include a graph.


Hypocrisy on who's behalf? Quebec(and France) have long embraced militant secularism. It's as stupid coming from those on the Secular Left and the Christian Right.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4330 by Craig » Sat Oct 21, 2017 6:59 pm

He thinks nobody is denouncing it. I've heard plenty about it, but I'm not as sheltered as he is.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4331 by akiberg » Sat Oct 21, 2017 7:25 pm

vf wrote:
akiberg wrote:https://www.google.ca/amp/s/globalnews.ca/news/3816055/trudeau-quebec-face-coverings-ban-implications/amp/

lol, Quebec. it’s too bad it’s happening there. if it was Alberta/a conservative government passing that law the screeching harpies would be having a field day. but nope, just crickets.
hey, little drummer boy - that’s a beautiful example of hypocrisy. sorry I didn’t include a graph.


Hypocrisy on who's behalf? Quebec(and France) have long embraced militant secularism. It's as stupid coming from those on the Secular Left and the Christian Right.


if that was happening in alberta now or was being brought in by a conservative government you rumprangers would be having a seizure over it. crickets.
i'm glad quebecers don't suffer from hypocrisy. hooray for them.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4332 by akiberg » Sat Oct 21, 2017 7:27 pm

Craig wrote:He thinks nobody is denouncing it. I've heard plenty about it, but I'm not as sheltered as he is.


me need to be less sheltered. i'm so glad you are/there is denouncing. makes me think the world is going to be ok after all.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4333 by paulster » Sat Oct 21, 2017 8:39 pm

I denounce this thread.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4334 by akiberg » Sat Oct 21, 2017 8:59 pm

paulster wrote:I denounce this thread.

doesn’t seem like you’ve denounced properly.
denounce not accepted.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4335 by paulster » Sat Oct 21, 2017 9:41 pm

I don’t know if you can denounce a denouncing.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4336 by vf » Sat Oct 21, 2017 9:45 pm

akiberg wrote:
vf wrote:
akiberg wrote:https://www.google.ca/amp/s/globalnews.ca/news/3816055/trudeau-quebec-face-coverings-ban-implications/amp/

lol, Quebec. it’s too bad it’s happening there. if it was Alberta/a conservative government passing that law the screeching harpies would be having a field day. but nope, just crickets.
hey, little drummer boy - that’s a beautiful example of hypocrisy. sorry I didn’t include a graph.


Hypocrisy on who's behalf? Quebec(and France) have long embraced militant secularism. It's as stupid coming from those on the Secular Left and the Christian Right.


if that was happening in alberta now or was being brought in by a conservative government you rumprangers would be having a seizure over it. crickets.
i'm glad quebecers don't suffer from hypocrisy. hooray for them.


So by me not posting enough in this cesspool of a thread you think you're being clever? Keep reading the last sentence of my last post until it makes sense.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4337 by akiberg » Sat Oct 21, 2017 9:51 pm

vf wrote:
akiberg wrote:
vf wrote:
Hypocrisy on who's behalf? Quebec(and France) have long embraced militant secularism. It's as stupid coming from those on the Secular Left and the Christian Right.


if that was happening in alberta now or was being brought in by a conservative government you rumprangers would be having a seizure over it. crickets.
i'm glad quebecers don't suffer from hypocrisy. hooray for them.


So by me not posting enough in this cesspool of a thread you think you're being clever? Keep reading the last sentence of my last post until it makes sense.

you are just one of the many screeching harpies.
don’t give yourself too much credit.
keep reading my last post until it makes sense.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4338 by akiberg » Sat Oct 21, 2017 10:14 pm

https://beta.theglobeandmail.com/opinio ... dmail.com&

When the former PQ government put forward similar measures in its Charter of Quebec Values in 2013, Mr. Trudeau called it unacceptable. When former prime minister Stephen Harper was making political hay out of a decision to bar the niqab at citizenship ceremonies, Mr. Trudeau harangued him for an "unconscionable" failure of leadership.
PQ, bad.
Conservatives, bad.
Liberals just before a by-election, all good here!
I'm not going to piss off Quebec here because there isn't any political capital in it for me. all the sheep that voted for me will let it slide anyways. they don't want to seem like a raging hypocrite anymore than I do.
This seems to be his decision.
Maybe he isn't as dumb as I give him credit for?
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Re: anarchy 1.0 - Kriegsanstifter

Post #4339 by vf » Sun Oct 22, 2017 9:30 pm

I doubt anyone would of said anything. I know for myself I can have a better conversation with strangers on Facebook then in this thread.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4340 by akiberg » Sun Oct 22, 2017 10:10 pm

vf wrote:I doubt anyone would of said anything. I know for myself I can have a better conversation with strangers on Facebook then in this thread.

like I said, crickets.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4341 by clawfirst » Sun Oct 22, 2017 10:21 pm

The evil that is online partisanism. We all sit in the same room and the conversation is better
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Re: anarchy 1.0 - Kriegsanstifter

Post #4342 by vf » Mon Oct 23, 2017 11:30 am

clawfirst wrote:The evil that is online partisanism. We all sit in the same room and the conversation is better


I prefer talking to people with different ideals.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4343 by akiberg » Mon Oct 23, 2017 1:30 pm

vf wrote:
clawfirst wrote:The evil that is online partisanism. We all sit in the same room and the conversation is better


I prefer talking to people with different ideals.

meow
kitty has claws
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Re: anarchy 1.0 - Kriegsanstifter

Post #4344 by vf » Mon Oct 23, 2017 4:31 pm

I'd proffer up a witty retort, but, I don't know what you're talking about. Nothing about my last post was sarcastic or biting. I enjoy discussing politics with those who believe differently then I do, it's why you're such a disappointment to me.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4345 by akiberg » Sat Nov 04, 2017 11:55 am

Drinky drinkerson's (Liz May) mid-mandate report card on JT. I don't give 1/2 a rat's ass what May thinks, it just struck me as funny she put out a report card that perfectly suits a part-time drama teacher. I also really love the B+ in 'immigration' he gets from her for *EXACTLY* following Harper's plan. Good for you, Justin.

Democracy: F
Climate: C-
Environmental law: D
Finance: C
Immigration: B+
Health: B
Foreign Policy: C
Trade: C-
Indigenous Peoples: Incomplete
Justice: C
Fisheries: B
Science: C+
Agriculture: D
Transportation: F
Public Safety: B-
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Re: anarchy 1.0 - Kriegsanstifter

Post #4346 by paulster » Sat Nov 04, 2017 3:44 pm

All I care about is fisheries, so he's a solid B in my books. Great job would vote again.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4347 by Curry Rage » Wed Nov 15, 2017 1:49 pm

tbm wrote:


http://www.independent.co.uk/news/uk/po ... 54276.html

What a tangled web we weave, when first we practice...defamation and libel.
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Re: anarchy 1.0 - Kriegsanstifter

Post #4348 by tbm » Sat Nov 18, 2017 2:12 pm

Nothing about Antifa in the link you provided but on the same website there sure is a story about quite a few morons getting arrested and going to jail. I don't think any crowd funding is going to help them out.

http://www.independent.co.uk/news/world ... 57521.html
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Re: anarchy 1.0 - Kriegsanstifter

Post #4349 by clawfirst » Sat Nov 18, 2017 4:22 pm

Lol 200 people 60 years...so 4 months probation and community service..yeah they must be horrible
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Re: anarchy 1.0 - Kriegsanstifter

Post #4350 by Curry Rage » Sat Nov 18, 2017 8:00 pm

clawfirst wrote:Lol 200 people 60 years...so 4 months probation and community service..yeah they must be horrible

A smarter man would've figured out he's in a foxhole with liars, bigots and charlatans. But...well...you know.
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